ABS Direct Equity Fund LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), ABS Direct Equity Fund LLC reported 109 stock positions worth $130.9 million. Its top holding was Cemex Sab-Spons ADR Part Cer (CX) at 6.0% of the portfolio, followed by PDD (PDD, 5.7%) and Fomento Economico Mex-SP ADR (FMX, 5.5%). Compared with Q4 2025, it opened 81 new positions, sold out of 8, added to 15 and reduced 9. The biggest buy was a new position in Stoneco Class A (STNE) and the biggest sale America Movil Sab DE CV (AMX, shares −86%).

Most Recent 13F
Q2 2026
Location
STAMFORD, CT
CIK
0001729347
Portfolio Value
$130.9M (Q1 2026)
SEC Filing
0001999371-26-010886 ↗ filed May 15, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $102.1M Q1 2024 Q2 2024: $89.0M Q2 2024 Q3 2024: $89.8M Q3 2024 Q4 2024: $86.3M Q4 2024 Q1 2025: $74.8M Q1 2025 Q2 2025: $62.9M Q2 2025 Q3 2025: $69.9M Q3 2025 Q4 2025: $84.1M Q4 2025 Q1 2026: $130.9M $130.9M Q1 2026 Q2 2026: $0 Q2 2026

Holdings 109 stocks · $130.9M
CX Cemex Sab-Spons ADR Part Cer 6.04% 691,420 $7.9M Add +40.3%
PDD PDD Holdings Inc. 5.72% 75,800 $7.5M Add +31.8%
FMX Fomento Economico Mex-SP ADR 5.54% 65,300 $7.3M Reduce -1.1%
PAM Pampa Energia SA-Spon ADR 4.86% 73,961 $6.4M Add +183.3%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 4.45% 74,885 $5.8M Add +53.8%
STNE Stoneco Ltd. Class A 4.40% 480,350 $5.8M New
MELI MercadoLibre Inc. 3.97% 2,910 $5.2M Add +470.6%
INTR Inter & Co. Inc. Class A 3.21% 581,700 $4.2M New
FLYW Flywire Corp.-Voting 3.11% 350,000 $4.1M Add +9.4%
PAC Grupo Aeroportuario Pac-ADR 2.80% 14,820 $3.7M Add +44.4%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 2.68% 247,700 $3.5M New
CLBT Cellebrite Di Ltd. 2.63% 250,000 $3.4M New
GFF Griffon Corp. 2.22% 40,000 $2.9M Reduce -20.0%
EEFT Euronet Worldwide Inc. 2.03% 40,000 $2.7M Reduce -5.9%
CHH Choice Hotels Intl Inc. 1.99% 25,171 $2.6M New
TGS Transportador Gas-ADR SP B 1.95% 73,881 $2.6M Add +41.8%
FIVN FIVE9 Inc. 1.91% 165,000 $2.5M Add +10.0%
XP XP Inc. Class A 1.88% 129,100 $2.5M New
SRE Sempra 1.86% 25,000 $2.4M New
ASR Grupo Aeroportuario Sur-ADR 1.77% 6,900 $2.3M Add +1.9%
VIST Vista Energy Sab DE CV 1.73% 30,000 $2.3M New
PAR Par Technology Corp. 1.53% 150,000 $2.0M Add +15.4%
LOMA Loma Negra Cia Ind-Spon ADR 1.53% 179,961 $2.0M Add +73.1%
KOF Coca-Cola Femsa Sab-SP ADR 1.50% 20,080 $2.0M Add +0.1%
SN Sharkninja Inc. 1.42% 17,500 $1.9M New
GENI Genius Sports Ltd. 1.35% 400,000 $1.8M New
PRKS United Parks & Resorts Inc. 1.25% 50,000 $1.6M No change
OMAB Grupo Aeroportuario Cen-ADR 1.20% 13,650 $1.6M No change
BAP Credicorp Ltd. 1.17% 4,500 $1.5M New
CSR Centerspace 1.10% 25,000 $1.4M Add +131.3%
PHIN Phinia Inc. 1.05% 20,003 $1.4M Reduce -55.5%
POWL Powell Industries Inc. 1.03% 2,500 $1.4M Reduce -75.0%
PAGS Pagseguro Digital Ltd. Class A 0.91% 118,900 $1.2M New
XPOF Xponential Fitness Inc. Class A 0.83% 180,000 $1.1M No change
AMX America Movil Sab DE CV 0.74% 37,800 $963K Reduce -86.2%
ARCO Arcos Dorados Holdings Inc. Class A 0.69% 109,882 $907K New
CELH Celsius Holdings Inc. 0.68% 25,000 $887K New
SHC Sotera Health Co. 0.55% 50,000 $717K New
AVTR Avantor Inc. 0.45% 75,000 $588K Reduce -25.0%
ALTG Alta Equipment Group Inc. 0.40% 97,425 $523K Reduce -47.3%
BE Bloom Energy Corp. Class A 0.40% 1,800 $520K New
MU Micron Technology Inc. 0.40% 900 $519K New
ZM Zoom Communications Inc. 0.37% 4,600 $490K New
LITE Lumentum Holdings Inc. 0.37% 500 $488K New
ALAB Astera Labs Inc. 0.37% 2,400 $483K New
INTC Intel Corp. 0.36% 4,971 $476K New
BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU 0.36% 13,000 $469K New
GOOGL Alphabet Inc. Class A 0.35% 1,200 $460K New
NVT Nvent Electric PLC 0.35% 2,800 $456K New
TTAM Titan America SA 0.34% 30,000 $449K New
AMZN Amazon.com Inc. 0.33% 1,600 $435K New
CIEN Ciena Corp. 0.33% 800 $431K New
NVDA Nvidia Corp. 0.30% 2,000 $397K New
CSX CSX Corp. 0.29% 8,600 $385K New
MSFT Microsoft Corp. 0.29% 920 $381K New
FSLR First Solar Inc. 0.29% 1,800 $381K New
ECHO Echostar Corp. Class A 0.29% 3,100 $373K New
CEG Constellation Energy 0.28% 1,160 $372K New
META Meta Platforms Inc. Class A 0.28% 600 $366K New
V Visa Inc. Class A 0.28% 1,120 $366K New
FANG Diamondback Energy Inc. 0.28% 1,700 $363K New
AAPL Apple Inc. 0.28% 1,300 $360K New
WM Waste Management Inc. 0.26% 1,500 $342K New
LIN Linde PLC 0.26% 680 $336K New
AXON Axon Enterprise Inc. 0.23% 760 $299K New
PANW Palo Alto Networks Inc. 0.23% 1,600 $295K New
SHW The Sherwin-Williams Co. 0.22% 920 $286K New
TWLO Twilio Inc. Class A 0.22% 1,500 $285K New
AMAT Applied Materials Inc. 0.21% 700 $274K New
RVMD Revolution Medicines Inc. 0.20% 1,800 $266K New
WDC Western Digital Corp. 0.20% 600 $265K New
LRCX Lam Research Corp. 0.18% 900 $233K New
MRVL Marvell Technology Inc. 0.18% 1,400 $229K New
MIRM Mirum Pharmaceuticals Inc. 0.17% 2,100 $222K New
CELC Celcuity Inc. 0.17% 1,500 $217K New
GH Guardant Health Inc. 0.16% 2,300 $210K New
ICLR Icon PLC 0.15% 1,800 $202K New
CRWV Coreweave Inc. Class A 0.15% 1,600 $201K New
VRT Vertiv Holdings Co. Class A 0.15% 600 $199K New
CRDO Credo Technology Group Holdi 0.15% 1,100 $198K New
LLY Eli Lilly & Co. 0.15% 200 $194K New
SYRE Spyre Therapeutics Inc. 0.15% 2,800 $194K New
JAZZ Jazz Pharmaceuticals PLC 0.14% 900 $187K New
RPRX Royalty Pharma PLC Class A 0.14% 3,600 $181K New
DNTH Dianthus Therapeutics Inc. 0.14% 2,000 $179K New
CGON CG Oncology Inc. 0.13% 2,600 $176K New
EW Edwards Lifesciences Corp. 0.13% 2,100 $175K New
COGT Cogent Biosciences Inc. 0.13% 4,700 $173K New
CRL Charles River Laboratories 0.13% 1,000 $172K New
U Unity Software Inc. 0.13% 6,100 $169K New
ALKS Alkermes PLC 0.13% 4,900 $167K New
ISRG Intuitive Surgical Inc. 0.12% 360 $163K New
RNTX Rein Therapeutics Inc. 0.12% 125,000 $163K No change
SPOT Spotify Technology SA 0.12% 360 $158K New
SYK Stryker Corp. 0.12% 520 $151K New
DXCM Dexcom Inc. 0.11% 2,500 $150K New
GEHC GE Healthcare Technology 0.11% 2,400 $146K New
ACTU Actuate Therapeutics Inc. 0.10% 50,000 $137K Add +657.9%
PRAX Praxis Precision Medicines I 0.10% 400 $135K New
TER Teradyne Inc. 0.10% 400 $135K New

Show all 109 holdings

Portfolio Sells Q4 2025 → Q1 2026
AMX America Movil Sab DE CV Reduce -86.2% 0.74% −6.00
YMM Full Truck Alliance -SPN ADR Sold out 0.00% −3.48
POWL Powell Industries Inc. Reduce -75.0% 1.03% −2.76
FMX Fomento Economico Mex-SP ADR Reduce -1.1% 5.54% −2.40
PHIN Phinia Inc. Reduce -55.5% 1.05% −2.31
GFF Griffon Corp. Reduce -20.0% 2.22% −2.16
EEFT Euronet Worldwide Inc. Reduce -5.9% 2.03% −1.82
BMA Banco Macro SA-ADR Sold out 0.00% −1.75
LTM Latam Airlines Group SA-ADR Sold out 0.00% −1.70
VTMX Corp. Inmobiliaria Vesta-ADR Sold out 0.00% −1.33
LEGN Legend Biotech Corp.-ADR Sold out 0.00% −1.22
AVTR Avantor Inc. Reduce -25.0% 0.45% −0.91
DHI D.R. Horton Inc. Sold out 0.00% −0.86
ALTG Alta Equipment Group Inc. Reduce -47.3% 0.40% −0.61
HEPS D-Market Electronic Serv-ADR Sold out 0.00% −0.55
INVH Invitation Homes Inc. Sold out 0.00% −0.45
RGLD Royal Gold Inc. Reduce -57.9% 0.09% −0.20

Portfolio Buys Q4 2025 → Q1 2026
STNE Stoneco Ltd. Class A New 4.40% +4.40
INTR Inter & Co. Inc. Class A New 3.21% +3.21
MELI MercadoLibre Inc. Add +470.6% 3.97% +2.75
NU Nu Holdings Ltd./Cayman Isl-A New 2.68% +2.68
CLBT Cellebrite Di Ltd. New 2.63% +2.63
PAM Pampa Energia SA-Spon ADR Add +183.3% 4.86% +2.11
CHH Choice Hotels Intl Inc. New 1.99% +1.99
XP XP Inc. Class A New 1.88% +1.88
SRE Sempra New 1.86% +1.86
VIST Vista Energy Sab DE CV New 1.73% +1.73
SN Sharkninja Inc. New 1.42% +1.42
GENI Genius Sports Ltd. New 1.35% +1.35
BAP Credicorp Ltd. New 1.17% +1.17
PAGS Pagseguro Digital Ltd. Class A New 0.91% +0.91
ARCO Arcos Dorados Holdings Inc. Class A New 0.69% +0.69
CELH Celsius Holdings Inc. New 0.68% +0.68
SHC Sotera Health Co. New 0.55% +0.55
BE Bloom Energy Corp. Class A New 0.40% +0.40
MU Micron Technology Inc. New 0.40% +0.40
ZM Zoom Communications Inc. New 0.37% +0.37
LITE Lumentum Holdings Inc. New 0.37% +0.37
ALAB Astera Labs Inc. New 0.37% +0.37
INTC Intel Corp. New 0.36% +0.36
BVN Cia DE Minas Buenaventur-ADR New 0.36% +0.36
GOOGL Alphabet Inc. Class A New 0.35% +0.35
NVT Nvent Electric PLC New 0.35% +0.35
TTAM Titan America SA New 0.34% +0.34
AMZN Amazon.com Inc. New 0.33% +0.33
CIEN Ciena Corp. New 0.33% +0.33
NVDA Nvidia Corp. New 0.30% +0.30
CSX CSX Corp. New 0.29% +0.29
FSLR First Solar Inc. New 0.29% +0.29
MSFT Microsoft Corp. New 0.29% +0.29
ECHO Echostar Corp. Class A New 0.29% +0.29
CEG Constellation Energy New 0.28% +0.28
META Meta Platforms Inc. Class A New 0.28% +0.28
V Visa Inc. Class A New 0.28% +0.28
FANG Diamondback Energy Inc. New 0.28% +0.28
AAPL Apple Inc. New 0.28% +0.28
WM Waste Management Inc. New 0.26% +0.26
LIN Linde PLC New 0.26% +0.26
CSR Centerspace Add +131.3% 1.10% +0.24
AXON Axon Enterprise Inc. New 0.23% +0.23
PANW Palo Alto Networks Inc. New 0.23% +0.23
SHW The Sherwin-Williams Co. New 0.22% +0.22
TWLO Twilio Inc. Class A New 0.22% +0.22
AMAT Applied Materials Inc. New 0.21% +0.21
RVMD Revolution Medicines Inc. New 0.20% +0.20
WDC Western Digital Corp. New 0.20% +0.20
LRCX Lam Research Corp. New 0.18% +0.18

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 0$0
Q1 2026 109$130.9MCX, PDD, FMX, PAM, KSPI
Q4 2025 36$84.1MFMX, PDD, CX, AMX, PAR
Q3 2025 29$69.9MFMX, PDD, FLYW, FIVN, PRKS
Q2 2025 33$62.9MFMX, YMM, PAR, FLYW, PHIN
Q1 2025 42$74.8MPDD, FMX, PAR, RTO, EEFT
Q4 2024 38$86.3MPDD, FMX, PAR, RTO, YMM
Q3 2024 39$89.8MPDD, FMX, AMX, YMM, GFF
Q2 2024 39$89.0MFMX, PDD, AMX, RCM, CX
Q1 2024 42$102.1MFMX, AMX, MELI, CX, RCM