Latest L2 Asset Management, LLC Stock Portfolio

L2 Asset Management, LLC Performance:

2024 Q3: 4.32%YTD: 15.82%2023: 31.12%

Performance for 2024 Q3 is 4.32%, and YTD is 15.82%, and 2023 is 31.12%.

About L2 Asset Management, LLC and 13F Hedge Fund Stock Holdings

L2 Asset Management, LLC is a hedge fund based in WAYLAND, MA. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $326.5 Millions. In it's latest 13F Holdings report, L2 Asset Management, LLC reported an equity portfolio of $368 Millions as of 30 Sep, 2024.

The top stock holdings of L2 Asset Management, LLC are AAPL, MSFT, META. The fund has invested 5.2% of it's portfolio in APPLE INC and 4.7% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off LAM RESEARCH CORP (LRCX), SKYWORKS SOLUTIONS INC (SWKS) and ETSY INC (ETSY) stocks. They significantly reduced their stock positions in PACKAGING CORP AMER (PKG), DAVITA INC (DVA) and ADOBE INC (ADBE). L2 Asset Management, LLC opened new stock positions in COREBRIDGE FINL INC (CRBG), FLEX LTD (FLEX) and CARLISLE COS INC (CSL). The fund showed a lot of confidence in some stocks as they added substantially to DECKERS OUTDOOR CORP (DECK), UNITED THERAPEUTICS CORP DEL (UTHR) and CINTAS CORP (CTAS).

L2 Asset Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that L2 Asset Management, LLC made a return of 4.32% in the last quarter. In trailing 12 months, it's portfolio return was -20.47%.

New Buys

Ticker	$ Bought
corebridge finl inc	2,715,660
flex ltd	1,310,990
carlisle cos inc	997,704
cf inds hldgs inc	989,446
las vegas sands corp	707,859
nxp semiconductors n v	700,109
kimberly-clark corp	487,314
cummins inc	486,009

New stocks bought by L2 Asset Management, LLC

Additions

Ticker	% Inc.
deckers outdoor corp	434
united therapeutics corp del	323
cintas corp	314
wells fargo co new	156
marathon pete corp	126
ralph lauren corp	101
jabil inc	93.11
qualcomm inc	88.45

Additions to existing portfolio by L2 Asset Management, LLC

Reductions

Ticker	% Reduced
packaging corp amer	-77.88
davita inc	-76.14
adobe inc	-71.2
booking holdings inc	-57.3
gilead sciences inc	-55.61
berkshire hathaway inc del	-53.34
fortinet inc	-51.3
lennar corp	-41.82

L2 Asset Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
etsy inc	-1,133,930
interpublic group cos inc	-537,321
skyworks solutions inc	-1,764,200
tapestry inc	-568,889
dow inc	-555,911
weyerhaeuser co mtn be	-245,602
fox corp	-215,042
lam research corp	-4,472,370

L2 Asset Management, LLC got rid off the above stocks

Sector Distribution

L2 Asset Management, LLC has about 33.7% of it's holdings in Technology sector.

Sector	%
Technology	33.7
Consumer Cyclical	16.9
Financial Services	12.4
Communication Services	10.4
Others	6.9
Industrials	6.6
Healthcare	6
Energy	3.4
Consumer Defensive	1.2

Market Cap. Distribution

L2 Asset Management, LLC has about 90.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	60.2
MEGA-CAP	30.5
UNALLOCATED	6.5
MID-CAP	2.8

Stocks belong to which Index?

About 76.5% of the stocks held by L2 Asset Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	76.5
Others	23.2

Top 5 Winners (%)		%
APP	applovin corp	55.8 %
PYPL	paypal hldgs inc	33.7 %
MMM	3m co	32.7 %
TSLA	tesla inc	31.5 %
CEG	constellation energy corp	30.0 %

Top 5 Winners ($)		$
APP	applovin corp	3.4 M
AAPL	apple inc	1.9 M
IBM	international business machs	1.5 M
META	meta platforms inc	1.4 M
EBAY	ebay inc.	1.2 M

Top 5 Losers (%)		%
DECK	deckers outdoor corp	-82.5 %
CTAS	cintas corp	-72.3 %
WSM	williams sonoma inc	-33.9 %
CRWD	crowdstrike hldgs inc	-26.1 %
INTC	intel corp	-23.5 %

Top 5 Losers ($)		$
DECK	deckers outdoor corp	-3.0 M
WSM	williams sonoma inc	-1.5 M
GOOG	alphabet inc	-1.0 M
ABNB	airbnb inc	-0.9 M
CTAS	cintas corp	-0.7 M

L2 Asset Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of L2 Asset Management, LLC

L2 Asset Management, LLC has 231 stocks in it's portfolio. About 29.9% of the portfolio is in top 10 stocks. DECK proved to be the most loss making stock for the portfolio. APP was the most profitable stock for L2 Asset Management, LLC last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	5.16	81,523	18,994,900	reduced	-3.77

ABBV	abbvie inc	0.78	14,488	2,861,060	added	15.42

ABC	cencora inc	0.48	7,785	1,752,210	reduced	-10.55

ABNB	airbnb inc	1.37	39,875	5,056,550	added	17.36

ACN	accenture plc ireland	0.24	2,492	880,872	added	3.53

ADBE	adobe inc	0.34	2,411	1,248,370	reduced	-71.2

ADI	analog devices inc	0.12	1,967	452,744	added	3.74

ADP	automatic data processing in	0.12	1,622	448,856	added	3.51

ADSK	autodesk inc	0.53	7,089	1,952,880	reduced	-27.75

AEP	american elec pwr co inc	0.06	2,088	214,229	new

AFL	aflac inc	0.06	2,025	226,395	new

AJG	gallagher arthur j & co	0.06	850	239,165	added	3.53

AKAM	akamai technologies inc	0.38	13,880	1,401,190	reduced	-25.27

ALV	autoliv inc	0.17	6,791	634,076	reduced	-25.69

AMAT	applied matls inc	1.18	21,541	4,352,260	added	18.21

AMD	advanced micro devices inc	0.28	6,382	1,047,160	added	3.77

AMG	affiliated managers group in	0.08	1,665	296,114	reduced	-4.8

AMGN	amgen inc	0.63	7,186	2,315,390	added	19.85

AMP	ameriprise finl inc	1.07	8,411	3,951,770	added	22.88

AMT	american tower corp new	0.12	1,829	425,352	added	3.51