Stocks/Funds/CIK 1698632

Texas County & District Retirement System

microcap filerlong-term holderconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1698632
Assets
$61M
-29.0% YoY
Holdings
1
Lifetime alpha vs market
-8.15% annual
Average hold time
3.5 yr
median 3.5 yr

Quarterly history

Cum return +35% vs S&P +77% · α -43% lifetimeAUM $61M · peak $96MFlow $-0M (-0%)2022-122023-062023-122024-062024-122025-062025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.00%
baseline attrition
Rally response
+0.00%
adds into rallies
when a holding rises +10%+

Top positions · 1

Ticker$ value% portYoYHold time
CCAPCrescent Capital BDC, In$61M100.0%-22.0%3.5 yr

Portfolio composition (YoY)

Industry mix
Asset Management100.0%+0.0pp$61M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
CCAP$86M-0.02B-22.0%

Losers

TickerPrev $PnLYoY %
CCAP$86M-0.02B-22.0%

Top buys this quarter · 0

No buys this quarter

Top sells this quarter · 0

No sells this quarter

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$61M1-22.02%+17.59%-39.61%-0.00B
2025-12-31$70M1-17.50%+17.72%-35.22%-0.00B
2025-09-30$71M1-13.33%+17.52%-30.85%-0.00B
2025-06-30$71M1-16.02%+14.94%-30.96%-0.00B
2025-03-31$86M1+10.50%+8.30%+2.19%-0.00B
2024-12-31$96M1+23.58%+24.89%-1.30%-0.00B
2024-09-30$93M1+21.24%+36.04%-14.79%-0.00B
2024-06-30$94M1+39.24%+24.49%+14.75%-0.00B
2024-03-31$86M1+42.14%+29.62%+12.51%-0.00B
2023-12-31$87M1+52.60%+26.18%+26.42%-0.00B
2023-09-30$86M1+16.23%-3.22%+19.45%-0.00B
2023-06-30$76M1+14.31%+8.68%+5.63%-0.00B
2023-03-31$68M1+9.86%+7.46%+2.40%-0.00B
2022-12-31$64M1