AlphaQuest Portfolio holdings
AlphaQuest is a computer-driven hedge fund firm that traded futures across currencies, commodities and stock and bond indices. Nigol Koulajian, its chief investment officer, founded it in 2001 around managed futures, and it later added equities, global macro and other asset classes. Until January 2025 the firm was called Quest Partners, and it took its new name from its flagship strategy, AlphaQuest Original. AlphaQuest announced in 2026 that it would close.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Consolidated Edison
ED
|
+$4.08M |
| 2 |
Biogen
BIIB
|
+$3.51M |
| 3 |
Gartner
IT
|
+$3.09M |
| 4 |
Comerica
CMA
|
+$3.03M |
| 5 |
United Bankshares
UBSI
|
+$2.98M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BBB Foods
TBBB
|
+$16.9M |
| 2 |
American Homes 4 Rent
AMH
|
+$5.4M |
| 3 |
CME Group
CME
|
+$5.35M |
| 4 |
W.P. Carey
WPC
|
+$4.97M |
| 5 |
PPL Corp
PPL
|
+$4.75M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.27% |
| 2 | Industrials | 13.94% |
| 3 | Technology | 12.71% |
| 4 | Consumer Discretionary | 11.22% |
| 5 | Healthcare | 9.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Consolidated Edison
ED
$43.8B
| $3.69M | 0.49% |
+41,392
| New | +$4.08M |
2024 Q4
0 quarters
|
|
2
Aecom
ACM
$8.45B
| $3.53M | 0.47% |
33,047
+26,462
| +402% | +$2.89M |
2023 Q4
4 quarters
|
|
3
FirstEnergy
FE
$27.6B
| $3.52M | 0.47% |
88,512
-3,078
| -3% | -$129K |
2024 Q2
2 quarters
|
|
4
Pinnacle West Capital
PNW
$12.8B
| $3.5M | 0.47% |
41,315
+12,737
| +45% | +$1.13M |
2024 Q3
1 quarter
|
|
5
Avery Dennison
AVY
$14.2B
| $3.44M | 0.46% |
18,377
+8,624
| +88% | +$1.76M |
2024 Q2
2 quarters
|
|
6
New Jersey Resources
NJR
$5.5B
| $3.35M | 0.45% |
71,825
+32,456
| +82% | +$1.54M |
2023 Q4
4 quarters
|
|
7
Primerica
PRI
$8.73B
| $3.34M | 0.44% |
12,292
-2,161
| -15% | -$613K |
2024 Q2
2 quarters
|
|
8
Agree Realty
ADC
$8.91B
| $3.34M | 0.44% |
47,353
-804
| -2% | -$59.8K |
2024 Q1
3 quarters
|
|
9
Brixmor Property Group
BRX
$9.07B
| $3.31M | 0.44% |
118,765
-13,114
| -10% | -$372K |
2023 Q4
4 quarters
|
|
|
10
Biogen
BIIB
$36.8B
| $3.19M | 0.42% |
+20,831
| New | +$3.51M |
2024 Q4
0 quarters
|
|
11
Bankunited
BKU
$3.14B
| $3.12M | 0.42% |
81,853
+59,215
| +262% | +$2.28M |
2024 Q3
1 quarter
|
|
|
12
DELISTED
Comerica
CMA
| $3.11M | 0.41% |
50,250
+46,562
| +1,263% | +$3.03M |
2024 Q1
3 quarters
|
|
|
13
United Bankshares
UBSI
$6.71B
| $3.06M | 0.41% |
81,407
+75,766
| +1,343% | +$2.98M |
2024 Q1
3 quarters
|
|
14
Hancock Whitney
HWC
$5.89B
| $3.03M | 0.4% |
55,422
+22,316
| +67% | +$1.24M |
2023 Q4
4 quarters
|
|
15
UMB Financial
UMBF
$10.4B
| $2.98M | 0.4% |
26,415
+9,382
| +55% | +$1.08M |
2023 Q4
4 quarters
|
|
16
Wabtec
WAB
$48.4B
| $2.95M | 0.39% |
15,570
-3,206
| -17% | -$621K |
2023 Q4
4 quarters
|
|
17
DELISTED
Berry Global Group, Inc.
BERY
| $2.9M | 0.39% |
44,910
+35,476
| +376% | +$2.34M |
2023 Q4
4 quarters
|
|
|
18
Gartner
IT
$14.9B
| $2.9M | 0.39% |
+5,991
| New | +$3.09M |
2024 Q4
0 quarters
|
|
19
Genworth Financial
GNW
$3.4B
| $2.88M | 0.38% |
+411,630
| New | +$2.96M |
2024 Q4
0 quarters
|
|
20
Crown Holdings
CCK
$13.3B
| $2.83M | 0.38% |
34,277
+24,684
| +257% | +$2.25M |
2023 Q4
4 quarters
|
|
21
W.R. Berkley
WRB
$27.9B
| $2.7M | 0.36% |
46,208
+35,460
| +330% | +$2.12M |
2024 Q3
1 quarter
|
|
22
STAG Industrial
STAG
$7.23B
| $2.68M | 0.36% |
79,387
+64,916
| +449% | +$2.38M |
2024 Q3
1 quarter
|
|
23
Encompass Health
EHC
$13.5B
| $2.65M | 0.35% |
28,700
+19,633
| +217% | +$1.93M |
2024 Q1
3 quarters
|
|
24
Federated Hermes
FHI
$4.67B
| $2.64M | 0.35% |
64,141
+10,644
| +20% | +$430K |
2023 Q4
4 quarters
|
|
25
Dover
DOV
$28.7B
| $2.6M | 0.35% |
13,868
+8,733
| +170% | +$1.71M |
2023 Q4
4 quarters
|
|
Similar funds
AlphaQuest's Q4 2024 Portfolio in Review
As of Q4 2024, AlphaQuest held 2,090 positions worth $753M, down 33% from $1.12B the previous quarter. Its ten largest holdings account for 4.5% of the portfolio.
AlphaQuest withdrew a net $357M in Q4 2024, closing 418 positions and reducing 843 holdings. Its most notable exit was BBB Foods, an estimated $16.9M position sold in full.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 21% a quarter earlier, followed by Industrials and Technology.
Against the trend, AlphaQuest opened a new position in Consolidated Edison worth $3.69M.
- AlphaQuest's largest Q4 2024 buy was Consolidated Edison: 41,392 shares worth $3.69M.
- AlphaQuest added most to Comerica in Q4 2024, an estimated $3.03M increase.
- AlphaQuest's biggest Q4 2024 reduction was CME Group, cutting an estimated $5.35M.
- AlphaQuest fully exited BBB Foods in Q4 2024, selling an estimated $16.9M.
- AlphaQuest's ten largest holdings make up 4.5% of its $753M portfolio in Q4 2024.
- AlphaQuest opened 228 new positions and closed 418 in Q4 2024.
- AlphaQuest's portfolio value fell 33% quarter-over-quarter to $753M.
Based on AlphaQuest's 13F filing for Q4 2024, filed 7 Feb 2025.