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AlphaQuest

AlphaQuest Portfolio holdings

AUM $1.79B Turnover 5.89%
1-Year Est. Return 10.61%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+6.9%
1 Year Est. Return
+10.61%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$1.53B
AUM Growth
+$512M
Cap. Flow
+$468M
Cap. Flow %
30.56%
Top 10 Hldgs %
6.01%
Holding
2,291
New
307
Increased
1,060
Reduced
738
Closed
54
Avg Time Held
1 year
Top 10 Avg Time Held
0.2 years
Top 20 Avg Time Held
0.1 years

Top Sells

Rank Stock Value
1
CPB icon
Campbell Soup
CPB
+$3.42M
2
GLW icon
Corning
GLW
+$3.2M
3
KEYS icon
Keysight
KEYS
+$2.94M
4
MET icon
MetLife
MET
+$2.87M
5
ZM icon
Zoom
ZM
+$2.8M

Sector Composition

Rank Sector Weight
1 Financials 21.83%
2 Industrials 16.1%
3 Technology 11.45%
4 Consumer Discretionary 10.38%
5 Healthcare 8.79%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow Held Since
IEF icon
1
iShares 7-10 Year Treasury Bond ETF
IEF
$41.8B
$39M 2.55%
404,037
+115,872
+40% +$11.1M
2025 Q2
1 quarter
SPTI icon
2
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$11B
$6.49M 0.42%
224,663
+20,701
+10% +$595K
2025 Q2
1 quarter
SCHR icon
3
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.6B
$6.49M 0.42%
258,354
+23,892
+10% +$597K
2025 Q2
1 quarter
VGIT icon
4
Vanguard Intermediate-Term Treasury ETF
VGIT
$40.4B
$6.49M 0.42%
108,106
+9,995
+10% +$597K
2025 Q2
1 quarter
IEI icon
5
iShares 3-7 Year Treasury Bond ETF
IEI
$17.1B
$6.49M 0.42%
54,265
+5,048
+10% +$600K
2025 Q2
1 quarter
PNC icon
6
PNC Financial Services
PNC
$90.9B
$5.89M 0.38%
29,309
+6,620
+29% +$1.31M
2024 Q4
3 quarters
CFG icon
7
Citizens Financial Group
CFG
$26.7B
$5.88M 0.38%
110,551
+55,650
+101% +$2.77M
2023 Q4
7 quarters
HWC icon
8
Hancock Whitney
HWC
$5.78B
$5.22M 0.34%
83,365
+62,143
+293% +$3.81M
2023 Q4
7 quarters
ASB icon
9
Associated Banc-Corp
ASB
$5.63B
$5.01M 0.33%
+194,911
New +$5M
2025 Q3
0 quarters
JNJ icon
10
Johnson & Johnson
JNJ
$658B
$4.98M 0.33%
26,874
+15,645
+139% +$2.68M
2023 Q4
7 quarters
FULT icon
11
Fulton Financial
FULT
$4.48B
$4.97M 0.33%
266,955
+128,443
+93% +$2.43M
2024 Q1
6 quarters
VZ icon
12
Verizon
VZ
$185B
$4.91M 0.32%
111,799
+67,692
+153% +$2.93M
2023 Q4
7 quarters
PB icon
13
Prosperity Bancshares
PB
$8.62B
$4.86M 0.32%
73,221
+42,560
+139% +$2.92M
2025 Q1
2 quarters
RF icon
14
Regions Financial
RF
$24.3B
$4.82M 0.31%
182,693
+95,826
+110% +$2.49M
2024 Q1
6 quarters
ABCB icon
15
Ameris Bancorp
ABCB
$5.53B
$4.81M 0.31%
65,672
+50,953
+346% +$3.59M
2023 Q4
7 quarters
VLTO icon
16
Veralto
VLTO
$27B
$4.73M 0.31%
44,335
+28,599
+182% +$3.02M
2025 Q2
1 quarter
MS icon
17
Morgan Stanley
MS
$288B
$4.7M 0.31%
29,568
+23,599
+395% +$3.48M
2024 Q2
5 quarters
CPRT icon
18
Copart
CPRT
$27.9B
$4.66M 0.3%
103,526
+77,697
+301% +$3.66M
2024 Q3
4 quarters
FE icon
19
FirstEnergy
FE
$27.2B
$4.56M 0.3%
99,586
+65,874
+195% +$2.81M
2024 Q2
5 quarters
BKU icon
20
Bankunited
BKU
$3.06B
$4.54M 0.3%
118,868
+76,520
+181% +$2.9M
2024 Q3
4 quarters
OSK icon
21
Oshkosh
OSK
$8.53B
$4.52M 0.3%
34,820
+33,939
+3,852% +$4.5M
2023 Q4
7 quarters
BNY icon
22
Bank of New York Mellon
BNY
$99B
$4.51M 0.29%
+41,401
New +$4.22M
2025 Q3
0 quarters
AWI icon
23
Armstrong World Industries
AWI
$6.96B
$4.46M 0.29%
22,769
+915
+4% +$170K
2024 Q2
5 quarters
TJX icon
24
TJX Companies
TJX
$154B
$4.46M 0.29%
30,833
+17,850
+137% +$2.37M
2023 Q4
7 quarters
GD icon
25
General Dynamics
GD
$101B
$4.42M 0.29%
12,971
+9,523
+276% +$3M
2024 Q4
3 quarters

Similar funds

AlphaQuest's Q3 2025 Portfolio in Review

As of Q3 2025, AlphaQuest held 2,291 positions worth $1.53B, up 50% from $1.02B the previous quarter. Its ten largest holdings account for 6% of the portfolio.

AlphaQuest deployed $468M of net new capital in Q3 2025, opening 307 new positions and adding to 1,060 existing holdings. Its largest new stake was Associated Banc-Corp: 194,911 shares worth $5.01M.

By sector, the portfolio is most concentrated in Financials at 22% of assets, down from 22% a quarter earlier, followed by Industrials and Technology.

On the sell side, the largest reduction was Campbell Soup, an estimated $3.42M trimmed.

  • AlphaQuest's largest Q3 2025 buy was Associated Banc-Corp: 194,911 shares worth $5.01M.
  • AlphaQuest added most to iShares 7-10 Year Treasury Bond ETF in Q3 2025, an estimated $11.1M increase.
  • AlphaQuest's biggest Q3 2025 reduction was Campbell Soup, cutting an estimated $3.42M.
  • AlphaQuest fully exited iShares 20+ Year Treasury Bond ETF in Q3 2025, selling an estimated $2.54M.
  • AlphaQuest's ten largest holdings make up 6% of its $1.53B portfolio in Q3 2025.
  • AlphaQuest opened 307 new positions and closed 54 in Q3 2025.
  • AlphaQuest's portfolio value rose 50% quarter-over-quarter to $1.53B.

Based on AlphaQuest's 13F filing for Q3 2025, filed 3 Nov 2025.