undamentalytics Newsletter
Sign in

Funds (13F)

Eminence Capital, LP

Backtest from 16 Aug 2013 to 2 Nov 2026 · weekly · hypothetical

Watch this strategy
Return a year
+14.1%
S&P 500 +14.1%
Last 12 months
−5.2%
S&P 500 +12.1%
Sharpe ratio
0.63
S&P 500 0.78
Biggest drop
−40.8%
S&P 500 −31.8%
$10.0k$20.0k$40.0k 2013201520172019202120232025 $57.2k$57.0k
Eminence Capital, LPS&P 500 $10,000 in Eminence Capital, LP from 16 Aug 2013 against the S&P 500 (total return) over the same dates, marked weekly, log scale. Hypothetical: before taxes and trading costs.

About

Copies Eminence Capital, 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.

Eminence Capital, LP's 13F holdings →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+14.1%+14.1%
Total return+472%+470%
Last 12 months−5.2%+12.1%
Last 3 months0.0%—
Last month0.0%—
This year so far−2.4%—
Volatility a year21.2%16.0%
Sharpe ratio0.630.78
Biggest drop−40.8%−31.8%
Beta to the S&P 5001.171.00
Alpha a year (t-statistic)−1.1% (−0.41)—
Share of weeks up55%—

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

No positions at the latest rebalance.

PeriodReturn a yearS&P 500SharpeS&P 500Biggest dropBetaAlpha (t)
Whole backtest16 Aug 2013 to 2 Nov 2026+14.1%+14.1%0.630.78−40.8%1.17−1.1% (−0.41)
2018 onwards5 Jan 2018 to 2 Nov 2026+12.3%+13.9%0.490.66−40.8%1.16−2.2% (−0.58)
Last three years3 Nov 2023 to 2 Nov 2026+13.1%+21.8%0.531.16−26.0%1.00−6.7% (−1.05)
Last year7 Nov 2025 to 2 Nov 2026−3.3%+14.2%−0.380.84−21.9%0.92−15.1% (−1.32)
DateCompanyAction
22 May 2026UBought
22 May 2026TSMBought
22 May 2026MTNBought
22 May 2026MRSHBought
22 May 2026MNDYBought
22 May 2026ELBought
22 May 2026DHRBought
22 May 2026AONBought
20 Feb 2026VVVBought
20 Feb 2026UNPBought
20 Feb 2026MDLNBought
21 Nov 2025THCBought
21 Nov 2025SYYBought
21 Nov 2025STXBought
21 Nov 2025SNPSBought
21 Nov 2025NCLHBought
21 Nov 2025MDBBought
21 Nov 2025FLRBought
15 Aug 2025UNHBought
15 Aug 2025SXTBought
15 Aug 2025PTONBought
15 Aug 2025MTNBought
15 Aug 2025METABought
15 Aug 2025JEFBought
15 Aug 2025FRPTBought

Dated at the rebalance that made the change.

DateCompanyAction
10 Jul 2026ZSold
10 Jul 2026WKSold
10 Jul 2026VVVSold
10 Jul 2026USold
10 Jul 2026TSMSold
10 Jul 2026THCSold
10 Jul 2026SNPSSold
10 Jul 2026SGISold
10 Jul 2026SESold
10 Jul 2026RRRSold
10 Jul 2026PLAYSold
10 Jul 2026PFGCSold
10 Jul 2026MTNSold
10 Jul 2026MRSHSold
10 Jul 2026MNDYSold
10 Jul 2026MGRCSold
10 Jul 2026MDLNSold
10 Jul 2026MDBSold
10 Jul 2026LPXSold
10 Jul 2026FWONKSold
10 Jul 2026FLUTSold
10 Jul 2026FERGSold
10 Jul 2026ELSold
10 Jul 2026DTSold
10 Jul 2026DHRSold

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