Stocks/Funds/CIK 1977794

Bastion Asset Management Inc.

Quarterly 13F filings · Latest period 2026-03-31 · CIK 1977794
Assets
$328M
+76.6% YoY
Holdings
65
Lifetime alpha vs market
+2.67% annual
Average hold time
0.6 yr
median 0.5 yr

Quarterly history

Cum return +16% vs S&P +13% · α +4% lifetimeAUM $328M · peak $328MFlow $139M (+77%)2024-122025-032025-062025-092025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
-8.92%
trims when stocks drop
when a holding falls −10%+
Middle response
-7.34%
baseline attrition
Rally response
-12.27%
trims into rallies
when a holding rises +10%+

Top positions · 30

Ticker$ value% portYoYHold time
VTRSViatris Inc.$21M6.4%+62.4%1.5 yr
GPCGenuine Parts Company$17M5.2%-8.3%0.8 yr
ANGOAngioDynamics, Inc.$14M4.3%+21.1%1.3 yr
RRXRegal Rexnord Corporatio$11M3.4%+65.7%0.8 yr
VPGVishay Precision Group, $10M3.0%+80.2%0.8 yr
ICFIICF International, Inc.$10M3.0%-22.8%0.8 yr
IPInternational Paper Comp$9M2.7%-30.2%1.0 yr
$9M2.6%0.5 yr
HLXHelix Energy Solutions G$9M2.6%+19.0%0.3 yr
JBTMJBT Marel Corporation$9M2.6%+4.9%0.8 yr
VVXV2X, Inc.$8M2.6%+39.7%0.8 yr
RNGRingCentral, Inc.$8M2.5%+50.4%1.5 yr
MIRMirion Technologies, Inc$7M2.2%+28.2%0.5 yr
PWFLPowerFleet, Inc.$7M2.1%1.0 yr
PTONPeloton Interactive, Inc$7M2.1%-32.1%0.3 yr

Portfolio composition (YoY)

Industry mix
Industrial - Machinery8.2%+1.6pp$27M
Unknown6.9%$23M
Drug Manufacturers - Specialty & Generic6.4%+4.0pp$21M
Medical - Instruments & Supplies6.0%+2.4pp$20M
Specialty Retail5.2%+3.7pp$17M
Oil & Gas Equipment & Services4.6%$15M
Auto - Parts4.2%$14M
Aerospace & Defense4.0%$13M
Medical - Devices4.0%+3.8pp$13M
Software - Application3.6%-4.1pp$12M
Country
US82.8%-6.1pp
CA7.7%+1.9pp
Unknown6.9%
GB1.3%
LU0.8%
IL0.5%
Top 5: 22.2% · Top 10: 35.7% · Top 25: 66.7%

Winners

TickerPrev $PnLYoY %
RNG$9M+0.00B50.4%
RRX$6M+0.00B65.7%
VTRS$4M+0.00B62.4%
MIR$5M+0.00B28.2%
ANGO$7M+0.00B21.1%

Losers

TickerPrev $PnLYoY %
IP$2M-0.00B-30.2%
GPC$3M-0.00B-8.3%

Top buys this quarter · 15

GPC Genuine Parts Company+$14M
HLX Helix Energy Solutions Group, new+$9M
PTON Peloton Interactive, Inc.new+$7M
BAND Bandwidth Inc.new+$7M
JBTM JBT Marel Corporation+$7M
MGM MGM Resorts Internationalnew+$6M
LRN Stride, Inc.new+$6M
GDYN Grid Dynamics Holdings, Inc.+$6M
TFII TFI International Inc.new+$5M
VTRS Viatris Inc.+$5M

Top sells this quarter · 15

APEI American Public Education, Incexit$12M
IAG IAMGOLD Corporation$7M
PSN Parsons Corporationexit$7M
KD Kyndryl Holdings, Inc.exit$4M
CFG Citizens Financial Group, Inc.$4M
GT The Goodyear Tire & Rubber Com$4M
STRA Strategic Education, Inc.$4M
PVH PVH Corp.$3M
GXO GXO Logistics, Inc.exit$3M
MNRO Monro, Inc.$3M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$328M65+24.25%+17.59%+6.65%+0.14B
2025-12-31$181M35+11.61%+17.72%-6.11%+0.01B
2025-09-30$173M47+8.39%+8.12%+0.27%-0.05B
2025-06-30$210M53+9.23%+10.78%-1.55%+0.01B
2025-03-31$186M53-6.36%-4.27%-2.10%+0.05B
2024-12-31$149M45