Stocks/Funds/CIK 1842149

Heron Bay Capital Management

long-term holder
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1842149
Assets
$1.08B
+128.0% YoY
Holdings
78
Lifetime alpha vs market
-5.20% annual
Average hold time
2.9 yr
median 2.5 yr

Quarterly history

Cum return +23% vs S&P +52% · α -29% lifetimeAUM $1.1B · peak $1.1BFlow $619M (+118%)2020-122021-122022-122023-122024-122025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+8.09%
adds when stocks drop
when a holding falls −10%+
Middle response
+5.60%
steady accumulation
Rally response
+2.66%
adds into rallies
when a holding rises +10%+

Top positions · 30

Ticker$ value% portYoYHold time
VNTVontier Corporation$77M7.1%+8.2%5.3 yr
LPLALPL Financial Holdings I$75M6.9%-7.7%5.5 yr
SCHWThe Charles Schwab Corpo$58M5.3%+21.5%5.5 yr
AMZNAmazon.com, Inc.$57M5.2%+9.5%4.8 yr
GOOGLAlphabet Inc.$54M5.0%5.5 yr
FDSFactSet Research Systems$50M4.6%-51.6%5.5 yr
CCSIConsensus Cloud Solution$48M4.5%+2.9%4.5 yr
SSNCSS&C Technologies Holdin$42M3.9%-18.0%3.8 yr
KKRKKR & Co. Inc.$38M3.5%-19.5%3.8 yr
$38M3.5%2.3 yr
MCKMcKesson Corporation$38M3.5%+29.1%5.5 yr
ULTAUlta Beauty, Inc.$36M3.3%+42.6%2.8 yr
METAMeta Platforms, Inc.$35M3.3%-0.4%5.3 yr
LRCXLam Research Corporation$35M3.2%+196.1%1.5 yr
MSFTMicrosoft Corporation$32M2.9%-0.6%5.5 yr

Portfolio composition (YoY)

Industry mix
Financial - Capital Markets12.2%+2.0pp$133M
Software - Application10.0%+2.5pp$108M
Internet Content & Information9.0%+0.7pp$97M
Specialty Retail8.6%+2.1pp$93M
Software - Infrastructure8.2%-1.8pp$89M
Hardware, Equipment & Parts7.1%+1.9pp$77M
Financial - Data & Stock Exchanges6.1%+1.1pp$66M
Semiconductors4.9%+1.2pp$53M
Asset Management4.8%-2.9pp$52M
Medical - Diagnostics & Research3.8%+1.4pp$41M
Country
US95.5%+0.3pp
Unknown3.5%+2.2pp
IL0.7%-0.6pp
AU0.2%+0.1pp
CH0.0%-0.1pp
TW0.0%-0.1pp
Top 5: 29.6% · Top 10: 49.5% · Top 25: 84.3%

Winners

TickerPrev $PnLYoY %
LRCX$6M+0.01B196.1%
ULTA$12M+0.01B42.6%
ROK$11M+0.00B41.0%
SCHW$21M+0.00B21.5%
MCK$13M+0.00B29.1%

Losers

TickerPrev $PnLYoY %
FDS$17M-0.01B-51.6%
BRO$12M-0.01B-47.2%
SSNC$21M-0.00B-18.0%
TNET$5M-0.00B-53.7%
ZBRA$10M-0.00B-26.0%

Top buys this quarter · 15

LPLA LPL Financial Holdings Inc.+$50M
VNT Vontier Corporation+$49M
AMZN Amazon.com, Inc.+$38M
SCHW The Charles Schwab Corporation+$35M
FDS FactSet Research Systems Inc.+$33M
KKR KKR & Co. Inc.+$28M
SSNC SS&C Technologies Holdings, In+$24M
MCK McKesson Corporation+$23M
META Meta Platforms, Inc.+$22M
ULTA Ulta Beauty, Inc.+$22M

Top sells this quarter · 15

BUD Anheuser-Busch InBev SA/NVexit$5M
BWA BorgWarner Inc.exit$2M
BMY Bristol-Myers Squibb Companyexit$1M
QRVO Qorvo, Inc.exit$1M
BN Brookfield Corporationexit$1M
ASML ASML Holding N.V.exit$1M
NTES NetEase, Inc.exit$1M
FET Forum Energy Technologies, Incexit$0M
AAPL Apple Inc.$0M
NICE NICE Ltd.exit$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$1.08B78+0.46%+17.59%-17.14%+0.62B
2025-12-31$524M111+9.56%+17.72%-8.16%-0.00B
2025-09-30$536M108+19.00%+17.52%+1.48%+0.01B
2025-06-30$508M113+22.57%+14.94%+7.63%-0.02B
2025-03-31$476M116+11.29%+8.30%+2.98%+0.01B
2024-12-31$479M112+21.17%+24.89%-3.72%-0.03B
2024-09-30$475M106+24.47%+36.04%-11.57%-0.03B
2024-06-30$470M93+10.34%+24.49%-14.15%-0.00B
2024-03-31$471M106+18.23%+29.62%-11.39%+0.02B
2023-12-31$432M93+23.17%+26.18%-3.01%+0.02B
2023-09-30$371M98+17.47%+21.57%-4.09%+0.03B
2023-06-30$360M87+17.71%+19.42%-1.72%+0.08B
2023-03-31$257M86-7.01%-7.82%+0.81%+0.08B
2022-12-31$162M64+4.63%+7.56%-2.93%+0.01B
2022-09-30$147M64-4.50%-4.93%+0.42%-0.01B
2022-06-30$165M67-15.39%-16.11%+0.72%-0.01B