1y return+1.5%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2023: $105 against $157 in the S&P 500.2
ABS Direct Equity Fund LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| PDDPdd Holdings Inc | $14.3M | 9.0% | +13.2% |
| PAMPampa Energia Sa | $8.3M | 5.2% | +5.0% |
| KSPIKaspi Kz Jsc | $6.6M | 4.2% | −32.6% |
| CXCemex Sa Euro Mtn Be 144a | $6.4M | 4.0% | −22.5% |
| FMXFomento Economico Mexicano S | $6.2M | 3.9% | −26.1% |
| FLYWFlywire Corporation | $6.1M | 3.9% | |
| SRESempra | $5.4M | 3.4% | +100.4% |
| MELIMercadolibre Inc | $3.7M | 2.3% | +27.0% |
| TGSTransportadora De Gas Del Su | $3.7M | 2.3% | +69.0% |
| PACGrupo Aeroportunario Del Pac | $3.5M | 2.2% | −6.9% |
| GFFGriffon Corp | $3.4M | 2.1% | −12.5% |
| GGALGrupo Financiero Galicia S.a | $3.4M | 2.1% | New |
| TEOTelecom Argentina Sa | $3.0M | 1.9% | New |
| PARPar Technology Corp | $2.6M | 1.6% | |
| PRKSUnited Parks & Resorts Inc | $2.4M | 1.5% | |
| BMABanco Macro S A | $2.3M | 1.4% | New |
| SHCSotera Health Co | $2.2M | 1.4% | +150.0% |
| CHHChoice Hotels Intl Inc | $2.2M | 1.4% | −20.5% |
| FIVNFive9 Inc | $2.1M | 1.3% | −39.4% |
| MUMicron Technology Inc | $2.0M | 1.3% | +156.6% |
| ASRGrupo Aeroportuario Del Sure | $2.0M | 1.3% | −5.8% |
| VISTVista Energy S.a.b. De C.v. | $2.0M | 1.2% | +3.7% |
| ALABAstera Labs Inc | $2.0M | 1.2% | −59.7% |
| LRNStride Inc | $1.7M | 1.1% | New |
| YMMFull Truck Alliance Co Ltd | $1.6M | 1.0% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| BEBloom Energy Corp | March 31, 2026 | +123.4% | $1.5M |
| AMATApplied Matls Inc | March 31, 2026 | +111.5% | $1.3M |
| FLYWFlywire Corporation | March 31, 2025 | +84.9% | $6.1M |
| GFFGriffon Corp | December 31, 2023 | +60.0% | $3.4M |
| PACGrupo Aeroportunario Del Pac | December 31, 2023 | +44.5% | $3.5M |
| PAMPampa Energia Sa | September 30, 2024 | +36.8% | $8.3M |
| OMABGrupo Aeroportuario Del Cent | December 31, 2023 | +33.6% | $1.4M |
| GOOGLAlphabet Inc | March 31, 2026 | +24.3% | $1.4M |
| SHCSotera Health Co | March 31, 2026 | +23.8% | $2.2M |
| NVDANvidia Corporation | March 31, 2026 | +14.7% | $1.4M |
Sold off last quarter
- Stoneco LtdCUSIP G85158106 was $5.8M
- Inter & Co IncCUSIP G4R20B107 was $4.2M
- Nu Hldgs LtdCUSIP G6683N103 was $3.5M
- Cellebrite Di LtdCUSIP M2197Q107 was $3.4M
- Xp IncCUSIP G98239109 was $2.5M
- KOFCoca-cola Femsa Sab De Cv was $2.0M
- Sharkninja IncCUSIP G8068L108 was $1.9M
- Genius Sports LimitedCUSIP G3934V109 was $1.8M
- Credicorp LtdCUSIP G2519Y108 was $1.5M
- PHINPhinia Inc was $1.4M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +6.4% | +14.8% |
| March 31, 2026 | −4.1% | −4.6% |
| December 31, 2025 | −0.4% | +2.4% |
| September 30, 2025 | −0.1% | +7.8% |
| June 30, 2025 | +3.6% | +10.5% |
| March 31, 2025 | −0.2% | −4.6% |
| December 31, 2024 | −0.4% | +2.1% |
| September 30, 2024 | +2.5% | +5.4% |
| June 30, 2024 | −6.9% | +4.0% |
| March 31, 2024 | +5.2% | +10.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: ABS Direct Equity Fund LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1729347&type=13F-HR&dateb=&owner=include&count=40CIK 1729347
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1729347/000199937126017876/Filed August 13, 2026 · accession 0001999371-26-017876