Acuitas Investments, LLC

CIK 0001524828 · Q1 2026

13F Equity AUM

$1.4M

+183.8% QoQ

Positions

+8 QoQ

AUM Rank

#11,931

Top 96%

Skill Alpha (FF)

+6.4%/yr^ns

No Clear Edge

Rank #493 · Top 6%

vs S&P +6.1%/yr (unadj.)

Quarters Tracked

~6 years

Portfolio Concentration

Top 5: 83.6%Top 10: 100.0%Top 20: 100.0%

SLB29.9%

VTMX21.1%

MCHX14.7%

CD89.0%

NFG8.9%

BBD8.3%

BRBI3.2%

KLTR2.6%

GDDY2.4%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Energy38.9%

Real Estate21.1%

Communication Services14.7%

Financial Services11.4%

Industrials9.0%

Technology4.9%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 9Median: 8.95%Avg: 11.11%

0–0.5%

0(0.0%)

0.5–1%

0(0.0%)

1–3%

2(4.9%)

3–5%

1(3.2%)

5%+

6(91.9%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 8Unique: 1vs 20 funds

0.1%Low

Fund positions

7,299

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 9 benchmark funds with highest portfolio overlap (Jaccard similarity)

MORGAN STANLEY

0.1%

BlackRock, Inc.

0.1%

BANK OF AMERICA CORP /DE/

0.1%

VANGUARD CAPITAL MANAGEMENT LLC

0.1%

STATE STREET CORP

0.1%

FMR LLC

0.1%

GEODE CAPITAL MANAGEMENT, LLC

0.1%

JPMORGAN CHASE & CO

0.1%

VANGUARD PORTFOLIO MANAGEMENT LLC

0.1%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

Loading overlap analysis...

Position Changes This Quarter

New9Increased0Decreased0Exited1

New Positions

SLB29.9%

+8K

VTMX21.1%

+9K

MCHX14.7%

+134K

CD89.0%

+10K

NFG8.9%

+65K

BBD8.3%

+32K

BRBI3.2%

+3K

KLTR2.6%

+30K

GDDY2.4%

+400

Exited

RDCM

-37,962

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...