Q1 2026 13F · SEC CIK 1732687

Factorial Partners, LLC

Hedge fundFiled 2026-05-13 for Q1 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $137.8M
Reported positions: 60
Top holdings a year, 3 yrs: +20.1%
Average holding period: 2.6 yrs

Factorial Partners, LLC is a hedge fund that reported 60 positions worth $137.8M in its Q1 2026 13F, filed 2026-05-13. Its largest holdings were Federated Hermes Inc (FHI, 6.3%), Ishares Tr (IJH, 5.2%), Teva Pharmaceutical Inds Ltd (TEVA, 5.1%). A portfolio copying its top holdings returned 20.1% a year over the last 3 years, against 20.4% for the S&P 500.

Factorial Partners, LLC holdings largest 50 of 60 positions.

Weights are shares of the filer's total reported 13F value, compared with Q4 2025. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Factorial Partners, LLC 13F holdings
Stock	% of 13F value	Q4 2025	Shares	Share change	Reported value
FHIFederated Hermes Inc	6.3%	5.3%	153,239	+0.0%	$8.7M
IJHIshares Tr	5.2%	3.1%	106,900	+49.9%	$7.2M
TEVATeva Pharmaceutical Inds Ltd	5.1%	6.0%	232,000	-20.0%	$7.0M
VBILVanguard Instl Index Fd	5.0%	2.3%	91,000	+93.2%	$6.9M
CHRDChord Energy Corporation	4.5%	3.0%	44,000	-9.7%	$6.3M
SYFSynchrony Financial	4.4%	5.0%	90,000	+0.0%	$6.1M
TNLTravel Plus Leisure Co	4.4%	4.1%	87,000	-0.6%	$6.0M
VTIVanguard Index Fds	4.2%	4.0%	18,000	-1.4%	$5.8M
URIUnited Rentals Inc	3.9%	4.5%	7,300	-14.1%	$5.3M
GNWGenworth Financial Inc.	3.7%	3.5%	627,000	+6.6%	$5.1M
SPYState Str Spdr S&p 500 ETF T	3.4%	—	7,200	—	$4.7M
CFGCitizens Finl Group Inc	2.7%	2.5%	62,000	-6.1%	$3.7M
TPHTri Pointe Homes Inc	2.7%	1.8%	78,500	-11.8%	$3.7M
CIThe Cigna Group	2.4%	2.2%	12,400	+0.8%	$3.3M
VTRSViatris Inc	2.3%	2.2%	238,000	-10.2%	$3.2M
ALAir Lease Corp	2.2%	3.9%	47,000	-48.4%	$3.1M
WEXWex Inc	2.1%	1.8%	19,000	+2.7%	$2.9M
SEBSeaboard Corp	2.0%	3.5%	489	-59.4%	$2.8M
ADSBread Financial Holdings Inc	1.9%	1.7%	35,000	+0.0%	$2.6M
IJJIshares Tr	1.8%	1.6%	18,900	+0.0%	$2.5M
MGMMgm Resorts International	1.7%	1.7%	65,000	-8.5%	$2.4M
STRTStrattec Security Corp	1.7%	1.5%	30,246	+0.0%	$2.4M
IMKTAIngles Mkts Inc	1.6%	1.3%	24,996	-11.7%	$2.2M
PPLIPeople Inc	1.6%	1.2%	55,500	+15.6%	$2.2M
RSPInvesco Exchange Traded Fd T	1.6%	2.6%	11,500	-43.3%	$2.2M
CSXCsx Corp	1.5%	1.6%	49,000	-24.6%	$2.0M
TMHCTaylor Morrison Home Corp	1.4%	1.3%	32,500	+0.0%	$1.9M
ACIAlbertsons Cos Inc	1.2%	1.1%	100,000	+5.3%	$1.7M
GPIGroup 1 Automotive Inc	1.2%	1.3%	4,890	+0.0%	$1.6M
GPNGlobal Pmts Inc	1.1%	1.8%	23,000	-36.1%	$1.5M
AXPAmerican Express Co	1.1%	1.2%	5,100	+0.0%	$1.5M
CNCCentene Corp Del	1.0%	1.3%	43,000	-6.5%	$1.4M
NOMDNomad Foods Ltd	1.0%	1.4%	136,575	-17.5%	$1.3M
KHCKraft Heinz Co	0.9%	0.7%	57,000	+35.7%	$1.3M
SOLVSolventum Corporation Common S	0.8%	1.7%	17,000	-47.7%	$1.1M
ANAutonation Inc Com	0.8%	0.8%	5,650	+0.0%	$1.1M
HOGHarley Davidson Inc	0.8%	—	54,404	—	$1.1M
ALSNAllison Transmission Hldgs I	0.8%	0.6%	9,300	+0.0%	$1.1M
VCSHVanguard Scottsdale Fds	0.7%	1.2%	12,000	-48.9%	$951K
DINDine Brands Global Inc	0.7%	1.7%	36,016	-55.8%	$945K
ABGAsbury Automotive Group	0.6%	0.6%	4,000	+0.0%	$782K
NSCNorfolk Southn Corporation	0.5%	0.6%	2,570	-21.4%	$738K
CPAYCorpay Inc	0.5%	0.5%	2,400	-4.0%	$698K
MMacy's Inc	0.5%	0.9%	38,000	-38.7%	$687K
UNHUnitedhealth Group Inc	0.4%	0.4%	2,200	+22.2%	$595K
CCSCentury Communities Inc	0.4%	0.4%	10,071	-2.9%	$578K
CNNECannae Hldgs Inc	0.4%	0.6%	49,477	-10.8%	$563K
SPGIS&p Global Inc	0.4%	1.9%	1,300	-76.4%	$553K
IVOVVanguard	0.4%	—	5,200	—	$530K
COFCapital One Finl Corp	0.4%	0.5%	2,755	-6.8%	$503K

What Factorial Partners, LLC bought and sold in Q1 2026, against Q4 2025.

New positions

Q4 2025's filing was too long to tell new positions apart.

Added to

VBIL Vanguard Instl Index Fd+93.2% shares
IJH Ishares Tr+49.9% shares
KHC Kraft Heinz Co+35.7% shares
UNH Unitedhealth Group Inc+22.2% shares
PPLI People Inc+15.6% shares
GNW Genworth Financial Inc.+6.6% shares
ACI Albertsons Cos Inc+5.3% shares

Reduced

SPGI S&p Global Inc-76.4% shares
SEB Seaboard Corp-59.4% shares
DIN Dine Brands Global Inc-55.8% shares
VCSH Vanguard Scottsdale Fds-48.9% shares
AL Air Lease Corp-48.4% shares
SOLV Solventum Corporation Common S-47.7% shares
RSP Invesco Exchange Traded Fd T-43.3% shares
M Macy's Inc-38.7% shares

Left the top 50

Share counts compared with the Q4 2025 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +24.3% /yr; S&P 500 +20.1%
3 years: +20.1% /yr; S&P 500 +20.4%
5 years: +9.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q1 2026	$137.8M	60
Q4 2025	$151.4M	63
Q3 2025	$145.3M	66
Q2 2025	$138.0M	63
Q1 2025	$162.2M	66
Q4 2024	$174.1M	69
Q3 2024	$173.8M	75
Q2 2024	$162.5M	77
Q1 2024	$175.9M	82
Q4 2023	$158.0M	80
Q3 2023	$136.9M	87
Q2 2023	$144.9M	89

Questions about Factorial Partners, LLC's portfolio

What stocks does Factorial Partners, LLC own?

Factorial Partners, LLC's latest 13F, for Q1 2026 and filed May 13, 2026, lists 60 positions worth $137.8M. The largest are Federated Hermes Inc (FHI) at 6.3%, Ishares Tr (IJH) at 5.2%, Teva Pharmaceutical Inds Ltd (TEVA) at 5.1%, Vanguard Instl Index Fd (VBIL) at 5.0% and Chord Energy Corporation (CHRD) at 4.5%.

What did Factorial Partners, LLC buy last quarter?

In Q1 2026, Factorial Partners, LLC added Vanguard Instl Index Fd (VBIL) (+93.2% shares), Ishares Tr (IJH) (+49.9% shares) and Kraft Heinz Co (KHC) (+35.7% shares), compared with its Q4 2025 filing.

What did Factorial Partners, LLC sell last quarter?

In Q1 2026, Factorial Partners, LLC cut from its top 50 Apple Inc (AAPL), cut from its top 50 Humana Inc (HUM), cut from its top 50 Site Ctrs Corp (SITC), S&p Global Inc (SPGI) (-76.4% shares), Seaboard Corp (SEB) (-59.4% shares) and Dine Brands Global Inc (DIN) (-55.8% shares), compared with its Q4 2025 filing.

How has Factorial Partners, LLC's portfolio performed?

A portfolio copying Factorial Partners, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +20.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +24.3% against +20.1%. Over 5 years: +9.1% a year against +11.6%.

When is Factorial Partners, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Factorial Partners, LLC's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.