undamentalytics Newsletter
Sign in

Funds (13F)

Fil Ltd

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

Watch this strategy
Return a year
+13.8%
S&P 500 +14.1%
Last 12 months
+14.6%
S&P 500 +12.1%
Sharpe ratio
0.75
S&P 500 0.78
Biggest drop
−34.1%
S&P 500 −31.8%
$10.0k$20.0k$40.0k 2013201520172019202120232025 $57.0k$54.9k
Fil LtdS&P 500 $10,000 in Fil Ltd 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 Fil Ltd'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.

Fil Ltd's 13F holdings →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+13.8%+14.1%
Total return+449%+470%
Last 12 months+14.6%+12.1%
Last 3 months+3.5%—
Last month+2.0%—
This year so far+9.8%—
Volatility a year16.2%16.0%
Sharpe ratio0.750.78
Biggest drop−34.1%−31.8%
Beta to the S&P 5000.981.00
Alpha a year (t-statistic)+0.1% (0.05)—
Share of weeks up59%—

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
RY3.9%——
MSFT3.2%——
GOOGL3.2%——
TD3.0%——
AMZN2.7%——
AAPL2.7%——
TXN2.3%——
NVDA1.8%——
SHOP1.8%——
BMO1.8%——
TRP1.5%——
CP1.5%——
SU1.3%——
META1.2%——
FNV1.1%——
INTU1.1%——
TDY1.0%——
AEM1.0%——
LIN0.9%——
B0.9%——
BNS0.9%——
NFLX0.8%——
WPM0.8%——
CM0.8%——
RBA0.8%——
FTS0.8%——
PGR0.8%——
ADBE0.8%——
JPM0.8%——
WAB0.8%——
CVE0.8%——
CRM0.7%——
CME0.7%——
ORCL0.7%——
CCJ0.7%——
AZN0.7%——
BCE0.7%——
MA0.6%——
MCHP0.6%——
CSCO0.6%——
HBM0.5%——
PKG0.5%——
TFII0.5%——
EMA0.5%——
TSM0.5%——
SNPS0.5%——
WFG0.5%——
PG0.5%——
IMO0.5%——
UNH0.5%——
NXPI0.5%——
BSX0.4%——
NEE0.4%——
EXPD0.4%——
RBLX0.4%——
YMM0.4%——
PDD0.4%——
ENB0.4%——
ADI0.4%——
IAG0.4%——
SLF0.4%——
DHR0.4%——
MSI0.4%——
HDB0.3%——
AVGO0.3%——
OTEX0.3%——
ACN0.3%——
CSX0.3%——
MRVL0.3%——
WDAY0.3%——
TMO0.3%——
WFC0.3%——
ZTS0.3%——
LNG0.3%——
NU0.3%——
EXC0.3%——
BMY0.3%——
SE0.3%——
CTSH0.3%——
MGA0.3%——
BG0.3%——
GWW0.3%——
MDB0.3%——
CCEP0.3%——
ADSK0.3%——
JD0.3%——
SWKS0.3%——
VIPS0.3%——
BLK0.3%——
MS0.3%——
TU0.3%——
PBA0.3%——
SCI0.3%——
ESI0.3%——
ANET0.3%——
MPWR0.3%——
CLS0.3%——
FLS0.3%——
ZM0.2%——
FER0.2%——
SPOT0.2%——
FANG0.2%——
GE0.2%——
RNR0.2%——
CAT0.2%——
ALV0.2%——
KLAC0.2%——
V0.2%——
CCI0.2%——
PCAR0.2%——
BALL0.2%——
SN0.2%——
NTNX0.2%——
LRCX0.2%——
CLH0.2%——
DLTR0.2%——
AJG0.2%——
INTC0.2%——
PFE0.2%——
AON0.2%——
ERO0.2%——
BKR0.2%——
NICE0.2%——
LLY0.2%——
TRI0.2%——
VNOM0.2%——
WSE0.2%——
LULU0.2%——
AQN0.2%——
ESAB0.2%——
PWR0.2%——
VLTO0.2%——
AMD0.2%——
QSR0.2%——
WELL0.2%——
IFF0.2%——
CMS0.2%——
UNP0.2%——
DASH0.2%——
LOW0.2%——
MU0.2%——
SYK0.2%——
STM0.2%——
CIGI0.2%——
ARW0.2%——
ESTC0.2%——
STLD0.1%——
CDW0.1%——
ICE0.1%——
WCN0.1%——

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

PeriodReturn a yearS&P 500SharpeS&P 500Biggest dropBetaAlpha (t)
Whole backtest16 Aug 2013 to 2 Nov 2026+13.8%+14.1%0.750.78−34.1%0.98+0.1% (0.05)
2018 onwards5 Jan 2018 to 2 Nov 2026+12.1%+13.9%0.570.66−34.1%0.96−1.1% (−0.65)
Last three years3 Nov 2023 to 2 Nov 2026+20.4%+21.8%1.171.16−13.7%0.83+1.4% (0.47)
Last year7 Nov 2025 to 2 Nov 2026+15.9%+14.2%0.990.84−8.5%0.82+3.2% (0.52)
DateCompanyAction
14 Aug 2026WYNNBought
14 Aug 2026WSEBought
14 Aug 2026WSCBought
14 Aug 2026VSTBought
14 Aug 2026VMARBought
14 Aug 2026VIAVBought
14 Aug 2026VALEBought
14 Aug 2026TWSTBought
14 Aug 2026TSATBought
14 Aug 2026TRIBought
14 Aug 2026TKOBought
14 Aug 2026TFCBought
14 Aug 2026TECHBought
14 Aug 2026TAPBought
14 Aug 2026TALBought
14 Aug 2026SWKBought
14 Aug 2026SPCXBought
14 Aug 2026SNXBought
14 Aug 2026SNOWBought
14 Aug 2026SNAPBought
14 Aug 2026SKYDBought
14 Aug 2026SEZLBought
14 Aug 2026SEBBought
14 Aug 2026SABought
14 Aug 2026RVTYBought

Dated at the rebalance that made the change.

DateCompanyAction
14 Aug 2026YETISold
14 Aug 2026VITLSold
14 Aug 2026USFDSold
14 Aug 2026UNFSold
14 Aug 2026UHSSold
14 Aug 2026UGISold
14 Aug 2026UAASold
14 Aug 2026TMESold
14 Aug 2026SHOSold
14 Aug 2026SBSWSold
14 Aug 2026SBLKSold
14 Aug 2026SAPSold
14 Aug 2026RLISold
14 Aug 2026RALSold
14 Aug 2026PPCSold
14 Aug 2026PINSSold
14 Aug 2026PENSold
14 Aug 2026ORISold
14 Aug 2026ONONSold
14 Aug 2026OCSold
14 Aug 2026NYTSold
14 Aug 2026NXSTSold
14 Aug 2026NEXASold
14 Aug 2026MTCHSold
14 Aug 2026LSCCSold

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