undamentalytics Newsletter
Sign in

Funds (13F)

Southpoint Capital Advisors LP

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

Watch this strategy
Return a year
+14.7%
S&P 500 +14.1%
Last 12 months
+12.9%
S&P 500 +12.1%
Sharpe ratio
0.66
S&P 500 0.78
Biggest drop
−40.3%
S&P 500 −31.8%
$10.0k$20.0k$40.0k 2013201520172019202120232025 $61.5k$57.0k
StrategyS&P 500 $10,000 in Southpoint Capital Advisors 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 Southpoint Capital Advisors 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.

Southpoint Capital Advisors LP's 13F holdings →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+14.7%+14.1%
Total return+515%+470%
Last 12 months+12.9%+12.1%
Last 3 months+1.7%—
Last month−3.9%—
This year so far+8.8%—
Volatility a year21.4%16.0%
Sharpe ratio0.660.78
Biggest drop−40.3%−31.8%
Beta to the S&P 5001.181.00
Alpha a year (t-statistic)−0.7% (−0.24)—
Share of weeks up57%—

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
AMD11.4%——
HSIC6.4%——
DHR6.2%——
MSFT6.0%——
EQIX6.0%——
TMO5.8%——
SPOT5.3%——
ALC5.3%——
UBER4.5%——
BA4.5%——
CRCL4.3%——
DASH4.3%——
PRIM3.2%——
COIN3.0%——
CEG2.9%——
NFLX2.5%——
SNDK2.1%——
VMI2.0%——
XRAY1.7%——
ILMN1.6%——
FWONK1.5%——
POOL1.5%——
FERG1.4%——
MSGS1.3%——
ESI1.1%——
AKAM1.1%——
WMB1.1%——
SITE0.8%——
NOVT0.5%——
RKT0.4%——
BLSH0.2%——

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+14.7%+14.1%0.660.78−40.3%1.18−0.7% (−0.24)
2018 onwards5 Jan 2018 to 2 Nov 2026+11.6%+13.9%0.460.66−40.3%1.19−3.0% (−0.84)
Last three years3 Nov 2023 to 2 Nov 2026+21.3%+21.8%0.931.16−20.8%1.07−0.9% (−0.17)
Last year7 Nov 2025 to 2 Nov 2026+14.8%+14.2%0.680.84−12.5%1.03+0.9% (0.08)
DateCompanyAction
21 Aug 2026WMBBought
21 Aug 2026VMIBought
21 Aug 2026SITEBought
21 Aug 2026RKTBought
21 Aug 2026PRIMBought
21 Aug 2026ESIBought
21 Aug 2026DASHBought
21 Aug 2026BLSHBought
22 May 2026XRAYBought
22 May 2026WLTHBought
22 May 2026UBERBought
22 May 2026SPOTBought
22 May 2026SNDKBought
22 May 2026NFLXBought
22 May 2026LFUSBought
22 May 2026HIMSBought
22 May 2026FWONKBought
22 May 2026EQIXBought
22 May 2026DHRBought
22 May 2026COINBought
22 May 2026BABought
22 May 2026AKAMBought
20 Feb 2026ZTSBought
20 Feb 2026SITEBought
20 Feb 2026QBought

Dated at the rebalance that made the change.

DateCompanyAction
21 Aug 2026ZTSSold
21 Aug 2026WLTHSold
21 Aug 2026WSold
21 Aug 2026UHALSold
21 Aug 2026TESold
21 Aug 2026OPCHSold
21 Aug 2026LFUSSold
21 Aug 2026HIMSSold
21 Aug 2026FENCSold
21 Aug 2026DALSold
21 Aug 2026COMPSold
21 Aug 2026BDXSold
21 Aug 2026AONSold
21 Aug 2026AMZNSold
22 May 2026SPRYSold
22 May 2026SITESold
22 May 2026QSold
22 May 2026PINSSold
22 May 2026OSKSold
22 May 2026MKSISold
22 May 2026LPLASold
22 May 2026EXPDSold
22 May 2026COFSold
22 May 2026CHRWSold
22 May 2026AMATSold

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