undamentalytics Newsletter
Sign in

Funds (13F)

Anomaly Capital Management, LP

Backtest from 19 Feb 2021 to 2 Nov 2026 · weekly · hypothetical

Watch this strategy
Return a year
+7.0%
S&P 500 +13.8%
Last 12 months
+9.6%
S&P 500 +12.1%
Sharpe ratio
0.26
S&P 500 0.68
Biggest drop
−29.4%
S&P 500 −23.9%
$10.0k$20.0k 202120222023202420252026 $20.9k$14.7k
StrategyS&P 500 $10,000 in Anomaly Capital Management, LP from 19 Feb 2021 against the S&P 500 (total return) over the same dates, marked weekly, log scale. Hypothetical: before taxes and trading costs.

About

Copies Anomaly Capital Management, LP's quarterly 13F holdings in the companies we cover, weighted by reported value: it buys on the first trading day after each 13F is filed (up to 45 days after the quarter) and holds until the next filing. A 13F shows long US-listed positions only, at the quarter's end, so this misses shorts, cash, bonds, non-US holdings and trading within the quarter.

Anomaly Capital Management, LP's 13F holdings →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+7.0%+13.8%
Total return+47%+109%
Last 12 months+9.6%+12.1%
Last 3 months−0.8%—
Last month+0.0%—
This year so far+5.9%—
Volatility a year22.3%15.6%
Sharpe ratio0.260.68
Biggest drop−29.4%−23.9%
Beta to the S&P 5001.181.00
Alpha a year (t-statistic)−6.8% (−1.27)—
Share of weeks up52%—

Sharpe ratio uses returns above the 3-month Treasury bill rate. Alpha is the yearly return left after allowing for the strategy's exposure to the S&P 500 (CAPM); a t-statistic below about 2 means it cannot be told apart from luck.

Insights

CompanyWeightHeld sinceReturn since
AMZN13.1%——
GOOGL12.3%——
DHR9.9%——
V9.4%——
GIL7.4%——
ANET7.1%——
MTZ4.9%——
W4.9%——
PLD4.9%——
CTVA3.9%——
AZO3.8%——
MTD2.8%——
AS2.6%——
WMT1.9%——
Q1.7%——
BIRK1.5%——
GKOS1.5%——
GEV1.5%——
SXT1.3%——
TXG1.3%——
LIN1.0%——
VG0.6%——
RRX0.4%——
KNX0.4%——

Weighted by reported value in the latest 13F, held until the next filing.

PeriodReturn a yearS&P 500SharpeS&P 500Biggest dropBetaAlpha (t)
Whole backtest19 Feb 2021 to 2 Nov 2026+7.0%+13.8%0.260.68−29.4%1.18−6.8% (−1.27)
Last three years3 Nov 2023 to 2 Nov 2026+13.4%+21.8%0.511.16−24.9%1.13−8.4% (−1.30)
Last year7 Nov 2025 to 2 Nov 2026+12.0%+14.2%0.570.84−9.4%0.93−0.9% (−0.10)
DateCompanyAction
21 Aug 2026WMTBought
21 Aug 2026TXGBought
21 Aug 2026SXTBought
21 Aug 2026RRXBought
21 Aug 2026MTDBought
21 Aug 2026KNXBought
21 Aug 2026GKOSBought
21 Aug 2026GEVBought
21 Aug 2026AZOBought
22 May 2026WBought
22 May 2026VGBought
22 May 2026VBought
22 May 2026SHAKBought
22 May 2026QBought
22 May 2026MTZBought
22 May 2026LINBought
22 May 2026CHRWBought
22 May 2026BIRKBought
22 May 2026ATIBought
22 May 2026ASBought
22 May 2026ANETBought
20 Feb 2026WWDBought
20 Feb 2026UBought
20 Feb 2026TXTBought
20 Feb 2026SPOTBought

Dated at the rebalance that made the change.

DateCompanyAction
21 Aug 2026SHAKSold
21 Aug 2026PANWSold
21 Aug 2026GEHCSold
21 Aug 2026CMGSold
21 Aug 2026CHRWSold
21 Aug 2026ATISold
22 May 2026WWDSold
22 May 2026WMTSold
22 May 2026UALSold
22 May 2026USold
22 May 2026TXTSold
22 May 2026TEAMSold
22 May 2026SPOTSold
22 May 2026SNOWSold
22 May 2026SNSold
22 May 2026SFMSold
22 May 2026SESold
22 May 2026SAIASold
22 May 2026RRXSold
22 May 2026RHSold
22 May 2026MTDSold
22 May 2026MSFTSold
22 May 2026MCDSold
22 May 2026LULUSold
22 May 2026INTUSold

Dated at the rebalance that made the change.

Backtests are hypothetical and use today's listed companies only, which flatters results. Past performance does not predict future returns. This is research, not investment advice. How we backtest