Stocks/Funds/CIK 1872766

FIFTHDELTA Ltd

concentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1872766
Assets
$725M
+81.4% YoY
Holdings
11
Lifetime alpha vs market
-5.26% annual
Average hold time
1.4 yr
median 0.8 yr

Quarterly history

Cum return +23% vs S&P +52% · α -30% lifetimeAUM $725M · peak $1.5BFlow $240M (+50%)2021-122022-092023-062024-032024-122025-092026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+7.19%
adds when stocks drop
when a holding falls −10%+
Middle response
-1.70%
baseline attrition
Rally response
-34.27%
trims into rallies
when a holding rises +10%+

Top positions · 11

Ticker$ value% portYoYHold time
AXTAAxalta Coating Systems L$111M15.3%-16.5%1.3 yr
TELTE Connectivity Ltd.$107M14.8%+50.0%0.3 yr
BBBlackBerry Limited$86M11.8%-14.1%4.5 yr
TSMTaiwan Semiconductor Man$74M10.2%+105.6%1.8 yr
OTISOtis Worldwide Corporati$71M9.9%-23.9%1.5 yr
NXPINXP Semiconductors N.V.$58M8.0%+5.0%0.5 yr
VCVisteon Corporation$56M7.7%+18.4%3.5 yr
ALSNAllison Transmission Hol$54M7.5%+23.8%0.5 yr
HOGHarley-Davidson, Inc.$43M5.9%-17.3%0.8 yr
ALLEAllegion plc$37M5.0%+12.9%0.3 yr
AMBAAmbarella, Inc.$28M3.9%+2.3%0.3 yr

Portfolio composition (YoY)

Industry mix
Semiconductors22.0%-14.1pp$160M
Chemicals - Specialty15.3%+10.4pp$111M
Auto - Parts15.2%-14.5pp$110M
Hardware, Equipment & Parts14.8%$107M
Software - Infrastructure11.8%+10.2pp$86M
Industrial - Machinery9.9%$71M
Auto - Recreational Vehicles5.9%$43M
Security & Protection Services5.0%$37M
Country
US50.2%-33.9pp
IE19.8%
CA11.8%+10.2pp
TW10.2%-0.8pp
NL8.0%
Top 5: 61.9% · Top 10: 96.1% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
TSM$44M+0.05B105.6%
VC$53M+0.01B18.4%
BB$6M-0.00B-14.1%

Losers

TickerPrev $PnLYoY %
BB$6M-0.00B-14.1%

Top buys this quarter · 9

TEL TE Connectivity Ltd.new+$107M
ALLE Allegion plcnew+$37M
HOG Harley-Davidson, Inc.+$34M
AXTA Axalta Coating Systems Ltd.+$33M
BB BlackBerry Limited+$29M
AMBA Ambarella, Inc.new+$28M
VC Visteon Corporation+$27M
OTIS Otis Worldwide Corporation+$13M
NXPI NXP Semiconductors N.V.+$9M

Top sells this quarter · 6

CMI Cummins Inc.exit$53M
ON ON Semiconductor Corporationexit$52M
QCOM QUALCOMM Incorporatedexit$19M
TSM Taiwan Semiconductor Manufactu$44M
ALSN Allison Transmission Holdings,$15M
CNHI CNH Industrial N.V.exit$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$725M11+34.47%+17.59%+16.88%+0.24B
2025-12-31$476M10+22.59%+17.72%+4.87%+0.14B
2025-09-30$320M5+26.55%+17.52%+9.03%-0.02B
2025-06-30$310M9+25.94%+14.94%+10.99%-0.15B
2025-03-31$400M13-2.47%+8.30%-10.77%+0.14B
2024-12-31$282M11+13.59%+24.89%-11.30%-0.04B
2024-09-30$300M10+2.16%+36.04%-33.88%-0.20B
2024-06-30$459M13-12.50%+24.49%-36.99%-0.05B
2024-03-31$562M11+0.90%+29.62%-28.73%-0.14B
2023-12-31$651M12+14.81%+26.18%-11.37%-0.05B
2023-09-30$720M10+10.91%+21.57%-10.65%-0.18B
2023-06-30$974M11+17.46%+19.42%-1.97%-0.61B
2023-03-31$1.52B12-7.34%-7.82%+0.48%-0.19B
2022-12-31$1.40B10-6.50%+7.56%-14.06%+0.06B
2022-09-30$1.43B11-1.67%-4.93%+3.26%-0.07B
2022-06-30$1.52B16-18.10%-16.11%-1.99%+0.72B