Stocks/Funds/CIK 1604873

SUMMER ROAD LLC

long-term holderconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1604873
Assets
$142M
+37.2% YoY
Holdings
24
Lifetime alpha vs market
+2.96% annual
Average hold time
1.8 yr
median 1.9 yr

Quarterly history

Cum return +71% vs S&P +52% · α +19% lifetimeAUM $142M · peak $149MFlow $46M (+33%)2016-062017-122019-062020-122022-062023-122025-062026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+10.31%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.59%
steady accumulation
Rally response
+5.57%
adds into rallies
when a holding rises +10%+

Top positions · 24

Ticker$ value% portYoYHold time
OCULOcular Therapeutix, Inc.$101M70.8%+15.6%8.3 yr
IMKTAIngles Markets, Incorpor$39M27.4%1.8 yr
LINELineage, Inc.$1M0.5%-41.8%1.8 yr
GDXVanEck Gold Miners ETF$0M0.2%2.0 yr
GRBKGreen Brick Partners, In$0M0.2%+10.5%2.0 yr
GOOGLAlphabet Inc.$0M0.2%2.0 yr
DISThe Walt Disney Company$0M0.1%-1.3%2.0 yr
CTRECareTrust REIT, Inc.$0M0.1%+32.1%2.0 yr
GLDSPDR Gold Shares$0M0.1%2.0 yr
SBCFSeacoast Banking Corpora$0M0.1%+20.7%0.8 yr
AMLPAlerian MLP ETF$0M0.1%2.0 yr
DBCInvesco DB Commodity Ind$0M0.1%0.3 yr
EQIXEquinix, Inc.$0M0.1%+23.0%2.0 yr
VMCVulcan Materials Company$0M0.0%+17.5%2.0 yr
FERGFerguson plc$0M0.0%+47.8%1.8 yr

Portfolio composition (YoY)

Industry mix
Biotechnology70.8%-27.4pp$101M
Grocery Stores27.4%+27.3pp$39M
REIT - Industrial0.5%+0.2pp$1M
Asset Management0.4%-0.1pp$1M
Residential Construction0.2%-0.0pp$0M
Internet Content & Information0.2%+0.0pp$0M
Entertainment0.1%+0.1pp$0M
REIT - Healthcare Facilities0.1%-0.0pp$0M
Banks - Regional0.1%$0M
REIT - Specialty0.1%-0.0pp$0M
Country
US100.0%-0.0pp
GB0.0%+0.0pp
CA0.0%+0.0pp
Top 5: 99.1% · Top 10: 99.6% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
OCUL$102M+0.02B15.6%
CTRE$0M+0.00B32.1%
GRBK$0M+0.00B10.5%
FERG$0M+0.00B47.8%
IAG$0M+0.00B201.1%

Losers

TickerPrev $PnLYoY %
LINE$0M-0.00B-41.8%
FOUR$0M-0.00B-46.5%
DIS$0M-0.00B-1.3%

Top buys this quarter · 15

AMLP Alerian MLP ETF+$0M
GOOGL Alphabet Inc.+$0M
URA Global X - Uranium ETF+$0M
IMKTA Ingles Markets, Incorporated+$0M
DBC Invesco DB Commodity Index Tranew+$0M
TLT iShares 20+ Year Treasury Bond+$0M
GLD SPDR Gold Shares+$0M
XLE State Street Energy Select Sec+$0M
GDX VanEck Gold Miners ETF+$0M
VEU Vanguard FTSE All-World ex-US +$0M

Top sells this quarter · 1

GDXJ VanEck Junior Gold Miners ETFexit$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$142M24+15.46%+17.59%-2.13%+0.05B
2025-12-31$138M21+41.53%+17.72%+23.81%-0.02B
2025-09-30$149M18+33.84%+17.52%+16.32%-0.02B
2025-06-30$131M25+35.34%+14.94%+20.39%+0.00B
2025-03-31$104M25-19.42%+8.30%-27.72%+0.00B
2024-12-31$120M25+91.42%+24.89%+66.54%-0.00B
2024-09-30$127M26+177.18%+36.04%+141.14%-0.00B
2024-06-30$103M29+32.67%+24.49%+8.18%+0.01B
2024-03-31$131M1+72.68%+29.62%+43.05%+0.06B
2023-12-31$34M1+58.72%+26.18%+32.54%+0.01B
2023-09-30$19M1-24.34%+21.57%-45.90%-0.00B
2023-06-30$32M1+28.36%+19.42%+8.93%+0.00B
2023-03-31$32M1+6.46%-7.82%+14.28%-0.00B
2022-12-31$17M1-32.29%+7.56%-39.85%+0.00B
2022-09-30$25M1+3.23%-4.93%+8.16%+0.00B
2022-06-30$24M1-18.79%-16.11%-2.68%-0.00B