GRITSTONE ASSET MANAGEMENT LLC

CIK 0001964236 · Q1 2026

13F Equity AUM

$93.6M

-10.6% QoQ

Positions

154

+6 QoQ

AUM Rank

#10,085

Top 81%

Skill Alpha (FF)

+40.6%/yr^ns

No Clear Edge

Rank #22 · Top 0.3%

vs S&P +18.7%/yr (unadj.)

Quarters Tracked

~2 years

Portfolio Concentration

Top 5: 19.5%Top 10: 31.4%Top 20: 47.4%

OAKTREE ACQUISITION CORP III4.5%

ALDF4.5%

BEAGU3.9%

CUBWW3.3%

ALFUW3.3%

INFINITE EAGLE ACQUISITION C3.3%

RAC-WT2.2%

HENNESSY CAP INVT CORP VII2.2%

AACBU2.2%

NEW AMER ACQUISITION I CORP2.1%

Others (144)68.6%

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

Sector Allocation

Unclassified55.6%

Financial Services44.4%

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

Position Sizing

Positions: 154Median: 0.30%Avg: 0.65%

0–0.5%

81(3.7%)

0.5–1%

24(15.4%)

1–3%

43(58.2%)

3–5%

6(22.7%)

5%+

0(0.0%)

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

Loading summary cards...

Portfolio Overlap

Shared: 23Unique: 131vs 20 funds

0.3%Low

154

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 3 benchmark funds with highest portfolio overlap (Jaccard similarity)

JPMORGAN CHASE & CO

0.5%

GEODE CAPITAL MANAGEMENT, LLC

BANK OF AMERICA CORP /DE/

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

Loading overlap analysis...

Position Changes This Quarter

New46Increased1Decreased0Exited40

New Positions

INFINITE EAGLE ACQUI…3.3%

+300K

NEW AMER ACQUISITION…2.1%

+195K

LAFAYETTE DIGITAL AC…1.9%

+175K

LEAPFROG ACQUISITION…1.6%

+150K

COLOMBIER ACQUISITIO…1.4%

+125K

ALUSSA ENERGY ACQUIS…1.3%

+125K

BLUEROCK ACQUISITION…1.3%

+125K

KPET ULTRA PACELINE …1.3%

+121K

ALDABRA 4 LQDTY OPP …1.3%

+118K

HENNESSY CAP INVTS C…1.1%

+100K

Increased

VHCPU1.1%

+88K(+700%)

Exited

ARCC

-446,855

EQV VENTURES ACQUISI…

-402,722

VCIC

-196,935

INFLECTION POINT ACQ…

-196,794

NWAX/U

-195,000

CCIX

-186,560

CHACR

-149,140

D. BORAL ARC ACQ I C…

-150,000

LFACW

-150,000

ALUSSA ENERGY ACQUIS…

-125,000

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

Loading position changes...

Holdings

Loading holdings...