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Funds (13F)

Levin Capital Strategies, L.P.

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

Watch this strategy
Return a year
+12.5%
S&P 500 +14.1%
Last 12 months
+13.2%
S&P 500 +12.1%
Sharpe ratio
0.65
S&P 500 0.78
Biggest drop
−37.8%
S&P 500 −31.8%
$10.0k$20.0k$40.0k 2013201520172019202120232025 $57.0k$47.3k
StrategyS&P 500 $10,000 in Levin Capital Strategies, L.P. 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 Levin Capital Strategies, L.P.'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.

Levin Capital Strategies, L.P.'s 13F holdings →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+12.5%+14.1%
Total return+373%+470%
Last 12 months+13.2%+12.1%
Last 3 months−1.7%—
Last month+1.0%—
This year so far+6.8%—
Volatility a year17.2%16.0%
Sharpe ratio0.650.78
Biggest drop−37.8%−31.8%
Beta to the S&P 5001.021.00
Alpha a year (t-statistic)−1.4% (−0.91)—
Share of weeks up58%—

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
CAT5.0%——
GOOGL4.5%——
BNY4.4%——
JPM4.2%——
JNJ3.9%——
MSFT3.7%——
KMB3.5%——
COF2.8%——
AMZN2.4%——
UBS2.3%——
UNP2.1%——
AAPL2.0%——
VZ1.7%——
EXE1.6%——
BDX1.6%——
NTRS1.5%——
OI1.4%——
BWXT1.4%——
CDZI1.4%——
RRX1.3%——
KO1.3%——
AXS1.3%——
BAC1.3%——
IBM1.3%——
WMT1.2%——
TSM1.2%——
HZO1.1%——
HON1.1%——
CSCO1.1%——
HONA1.1%——
KKR1.1%——
DE1.0%——
VTRS1.0%——
ALK0.9%——
L0.9%——
BA0.9%——
AIG0.8%——
GLNG0.8%——
C0.8%——
MRSH0.8%——
WAT0.7%——
NVT0.7%——
MGM0.7%——
GS0.7%——
UNF0.7%——
UL0.7%——
META0.7%——
GM0.6%——
LOW0.6%——
CVX0.6%——
FCX0.5%——
BC0.5%——
ABBV0.5%——
OTIS0.5%——
ETN0.5%——
BSX0.5%——
PCG0.5%——
PGR0.4%——
AURA0.4%——
SPGI0.4%——
LAZ0.4%——
CCK0.4%——
JCI0.4%——
SLG0.4%——
DGX0.4%——
DRI0.4%——
NVDA0.4%——
QCOM0.3%——
SPRY0.3%——
BKR0.3%——
SYY0.3%——
KNX0.3%——
NEM0.3%——
SR0.3%——
APO0.3%——
MCD0.3%——
LH0.3%——
TMO0.3%——
TRV0.2%——
KVUE0.2%——
ZTS0.2%——
EG0.2%——
SARO0.2%——
HD0.2%——
PPLI0.2%——
CNX0.2%——
SPH0.2%——
NOW0.2%——
PRMB0.2%——
MTN0.2%——
WY0.2%——
CNNE0.2%——
FLGT0.2%——
IMRX0.1%——
FRMI0.1%——
VNO0.1%——
MU0.1%——
BX0.1%——
CRBG0.1%——
MRK0.1%——
DRTS0.1%——
APD0.1%——
COST0.1%——
TRC0.1%——
AXP0.1%——
STZ0.1%——
PSX0.1%——
WAB0.1%——
SW0.1%——
CRC0.1%——
QXO0.1%——
MUSA0.1%——
WMB0.1%——
PG0.1%——
DIS0.1%——
FDX0.1%——
LEN0.1%——
TSLA0.1%——
HHH0.1%——
PLD0.1%——
UHS0.1%——
OWL0.1%——
VRT0.1%——
JBS0.1%——
INTC0.1%——
ECHO0.1%——
RVTY0.1%——
STX0.1%——
GPN0.1%——
BGC0.1%——
BATRA0.1%——
ORLY0.1%——
MA0.1%——
BKD0.1%——
HNRG0.1%——
CMG0.1%——
ARMK0.1%——
SMMT0.1%——
IONQ0.1%——
MS0.1%——
NWSA0.1%——
MNRO0.1%——
CBRE0.1%——
BFLY0.1%——
KHC0.1%——
INVH0.0%——
UTZ0.0%——
FNF0.0%——
MSM0.0%——
GPC0.0%——

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+12.5%+14.1%0.650.78−37.8%1.02−1.4% (−0.91)
2018 onwards5 Jan 2018 to 2 Nov 2026+11.7%+13.9%0.530.66−37.8%1.01−1.8% (−0.87)
Last three years3 Nov 2023 to 2 Nov 2026+20.2%+21.8%1.081.16−15.7%0.86+0.9% (0.23)
Last year7 Nov 2025 to 2 Nov 2026+14.0%+14.2%0.920.84−8.0%0.67+3.0% (0.43)
DateCompanyAction
7 Aug 2026WYBought
7 Aug 2026WGSBought
7 Aug 2026VIRTBought
7 Aug 2026TXTBought
7 Aug 2026TTWOBought
7 Aug 2026TTBought
7 Aug 2026TSEMBought
7 Aug 2026TPBBought
7 Aug 2026TKRBought
7 Aug 2026TDUPBought
7 Aug 2026SWBought
7 Aug 2026STZBought
7 Aug 2026STEPBought
7 Aug 2026SRBought
7 Aug 2026SPCXBought
7 Aug 2026SOCBought
7 Aug 2026SMHIBought
7 Aug 2026SIMOBought
7 Aug 2026SAROBought
7 Aug 2026QCOMBought
7 Aug 2026PWRBought
7 Aug 2026PSXBought
7 Aug 2026PLDBought
7 Aug 2026OTISBought
7 Aug 2026OCULBought

Dated at the rebalance that made the change.

DateCompanyAction
7 Aug 2026WHRSold
7 Aug 2026VIASold
7 Aug 2026UALSold
7 Aug 2026TUSKSold
7 Aug 2026TDOCSold
7 Aug 2026QTRXSold
7 Aug 2026OPALSold
7 Aug 2026JLLSold
7 Aug 2026IPSold
7 Aug 2026ICESold
7 Aug 2026GILSold
7 Aug 2026GCMGSold
7 Aug 2026GBDCSold
7 Aug 2026FLWSSold
7 Aug 2026FISSold
7 Aug 2026EVRSold
7 Aug 2026ESRTSold
7 Aug 2026ESSold
7 Aug 2026DOCSold
7 Aug 2026DALSold
7 Aug 2026COLDSold
7 Aug 2026AMGSold
7 Aug 2026ALLOSold
7 Aug 2026ABSold
15 May 2026XRXSold

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