Counterpoint Mutual Funds LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed February 12, 2026), Counterpoint Mutual Funds LLC reported 279 stock positions worth $698.0 million. Its top holding was iShares Broad Usd High Yield (USHY) at 27.7% of the portfolio, followed by Invesco Senior Loan ETF (BKLN, 14.6%) and Vaneck High Yield Muni ETF (HYD, 7.0%). Compared with Q4 2024, it opened 164 new positions, sold out of 159, added to 78 and reduced 34. The biggest buy was a new position in Vaneck High Yield Muni ETF (HYD) and the biggest sale iShares Broad Usd High Yield (USHY, shares −38%).
- Most Recent 13F
- Q2 2026
- Location
- San Diego, CA
- CIK
- 0001698461
- Portfolio Value
- $698.0M (Q1 2025)
- SEC Filing
- 0001172661-26-000678 ↗ filed Feb 12, 2026
Holdings Value
Holdings 279 stocks · $698.0M
| USHY iShares Broad Usd High Yield | 27.65% | 5,243,786 | $193.0M | Reduce -37.6% |
| BKLN Invesco Senior Loan ETF | 14.64% | 4,937,232 | $102.2M | No change |
| HYD Vaneck High Yield Muni ETF | 6.97% | 950,000 | $48.6M | New |
| SRLN SS Blackstone Sr Loan ETF | 6.66% | 1,130,422 | $46.5M | No change |
| CPAI Counterpoint Quan Equity ETF | 5.85% | 1,219,316 | $40.8M | Add +12.5% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 5.08% | 449,563 | $35.5M | Add +51.4% |
| JNK SS SPDR BB High Yield Bond | 5.04% | 369,491 | $35.2M | Add +51.6% |
| PHYL Pgim Active High Yield Bond | 0.50% | 100,000 | $3.5M | No change |
| SFM Sprouts Farmers Market Inc. | 0.31% | 14,370 | $2.2M | Add +168.0% |
| AMN Amn Healthcare Services Inc. | 0.31% | 88,215 | $2.2M | New |
| UNFI United Natural Foods Inc. | 0.31% | 78,741 | $2.2M | Add +9.0% |
| XIFR XPLR Infrastructure LP | 0.31% | 226,153 | $2.1M | Add +792.4% |
| BRBR Bellring Brands Inc. | 0.31% | 28,773 | $2.1M | Add +56.6% |
| CLBT Cellebrite Di Ltd. | 0.31% | 110,211 | $2.1M | Add +27.0% |
| AR Antero Resources Corp. | 0.31% | 52,944 | $2.1M | New |
| AROC Archrock Inc. | 0.30% | 79,955 | $2.1M | Add +168.1% |
| EAT Brinker International Inc. | 0.30% | 14,011 | $2.1M | Reduce -0.9% |
| SHLS Shoals Technologies Group -A | 0.30% | 627,341 | $2.1M | New |
| NTNX Nutanix Inc. Class A | 0.29% | 29,324 | $2.0M | Add +392.6% |
| ADTN Adtran Holdings Inc. | 0.29% | 231,684 | $2.0M | New |
| LEG Leggett & Platt Inc. | 0.29% | 254,999 | $2.0M | Add +267.4% |
| EVER Everquote Inc. Class A | 0.29% | 76,925 | $2.0M | Add +102.2% |
| COMP Compass Inc. Class A | 0.29% | 228,737 | $2.0M | Add +101.4% |
| DOCS Doximity Inc. Class A | 0.28% | 34,284 | $2.0M | Add +0.6% |
| TDOC Teladoc Health Inc. | 0.28% | 247,901 | $2.0M | Add +638.8% |
| XRX Xerox Holdings Corp. | 0.28% | 401,185 | $1.9M | New |
| CRDO Credo Technology Group Holdi | 0.28% | 48,073 | $1.9M | Add +1054.2% |
| HYTR Counterpoint Hi YLD ETF | 0.27% | 87,300 | $1.9M | Add +15.2% |
| CRK Comstock Resources Inc. | 0.25% | 87,366 | $1.8M | New |
| TRGP Targa Resources Corp. | 0.25% | 8,785 | $1.8M | Reduce -11.8% |
| EXLS Exlservice Holdings Inc. | 0.25% | 37,255 | $1.8M | New |
| MGPI MGP Ingredients Inc. | 0.24% | 58,008 | $1.7M | New |
| PBI Pitney Bowes Inc. | 0.24% | 187,201 | $1.7M | Add +79.6% |
| HOOD Robinhood Markets Inc. Class A | 0.24% | 40,238 | $1.7M | Add +10.9% |
| VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC | 0.24% | 315,109 | $1.7M | Add +232.7% |
| DASH DoorDash Inc. Class A | 0.23% | 8,712 | $1.6M | New |
| MELI MercadoLibre Inc. | 0.22% | 794 | $1.5M | New |
| PM Philip Morris International | 0.20% | 8,610 | $1.4M | New |
| EXE Expand Energy Corp. | 0.19% | 12,136 | $1.4M | New |
| MCK McKesson Corp. | 0.19% | 2,006 | $1.4M | Reduce -16.4% |
| BKR Baker Hughes Co. | 0.19% | 30,542 | $1.3M | New |
| WMB Williams Cos Inc. | 0.19% | 22,448 | $1.3M | New |
| VIRT Virtu Financial Inc. Class A | 0.19% | 35,177 | $1.3M | New |
| ALHC Alignment Healthcare Inc. | 0.19% | 71,911 | $1.3M | New |
| G Genpact Ltd. | 0.19% | 26,547 | $1.3M | New |
| CHWY Chewy Inc. Class A | 0.19% | 40,780 | $1.3M | New |
| UNM Unum Group | 0.19% | 16,272 | $1.3M | Add +9.4% |
| GDDY GoDaddy Inc. Class A | 0.19% | 7,286 | $1.3M | New |
| ET Energy Transfer LP | 0.19% | 70,577 | $1.3M | New |
| T AT&T Inc. | 0.19% | 46,266 | $1.3M | Reduce -3.6% |
| GNW Genworth Financial Inc. | 0.19% | 184,330 | $1.3M | New |
| ESLT Elbit Systems Ltd. | 0.19% | 3,406 | $1.3M | New |
| OPCH Option Care Health Inc. | 0.19% | 37,351 | $1.3M | New |
| TMUS T-Mobile US Inc. | 0.19% | 4,873 | $1.3M | Reduce -1.1% |
| MPLX MPLX LP | 0.19% | 24,193 | $1.3M | Add +5.7% |
| TWLO Twilio Inc. Class A | 0.18% | 13,121 | $1.3M | Reduce -23.9% |
| IDCC Interdigital Inc. | 0.18% | 6,210 | $1.3M | New |
| SRAD Sportradar Group AG-A | 0.18% | 59,315 | $1.3M | New |
| SPOT Spotify Technology SA | 0.18% | 2,295 | $1.3M | New |
| HTZ Hertz Global Hldgs Inc. | 0.12% | 220,719 | $870K | Reduce -54.6% |
| PRM Perimeter Solutions Inc. | 0.12% | 84,382 | $850K | Add +45.1% |
| GO Grocery Outlet Holding Corp. | 0.12% | 60,527 | $846K | New |
| EPAC Enerpac Tool Group Corp. | 0.12% | 18,525 | $831K | New |
| ACHC Acadia Healthcare Co. Inc. | 0.12% | 26,826 | $813K | New |
| THC Tenet Healthcare Corp. | 0.12% | 6,014 | $809K | Add +25.4% |
| ACIW Aci Worldwide Inc. | 0.12% | 14,719 | $805K | New |
| SLVM Sylvamo Corp. | 0.12% | 11,998 | $805K | New |
| DXC DXC Technology Co. | 0.12% | 47,170 | $804K | Add +188.3% |
| AXGN Axogen Inc. | 0.11% | 43,302 | $801K | Add +26.3% |
| AGL Agilon Health Inc. | 0.11% | 184,911 | $801K | New |
| ARIS WATER SOLUTIONS INC-A | 0.11% | 24,967 | $800K | Reduce -66.4% |
| STLD Steel Dynamics Inc. | 0.11% | 6,385 | $799K | New |
| CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP | 0.11% | 120,678 | $795K | New |
| JXN Jackson Financial Inc. Class A | 0.11% | 9,438 | $791K | Add +19.2% |
| OVV Ovintiv Inc. | 0.11% | 18,430 | $789K | Add +124.2% |
| SCS Steelcase Inc. Class A | 0.11% | 71,926 | $788K | Add +180.7% |
| ITRI Itron Inc. | 0.11% | 7,510 | $787K | Add +107.4% |
| EVH Evolent Health Inc. Class A | 0.11% | 83,017 | $786K | New |
| ACT Enact Holdings Inc. | 0.11% | 22,463 | $781K | New |
| AWI Armstrong World Industries | 0.11% | 5,529 | $779K | New |
| BCPC Balchem Corp. | 0.11% | 4,685 | $778K | New |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.11% | 14,108 | $772K | New |
| MAS Masco Corp. | 0.11% | 11,094 | $771K | Add +16.5% |
| RPC Ridgepost Capital Inc. Class A filed as P10 INC | 0.11% | 65,208 | $766K | Reduce -41.5% |
| EE Excelerate Energy Inc. Class A | 0.11% | 26,661 | $765K | Add +70.4% |
| GFF Griffon Corp. | 0.11% | 10,688 | $764K | Add +155.6% |
| BWXT BWX Technologies Inc. | 0.11% | 7,744 | $764K | New |
| DV Doubleverify Holdings Inc. | 0.11% | 56,550 | $756K | New |
| CAT Caterpillar Inc. | 0.11% | 2,292 | $756K | New |
| GSL Global Ship Lease Inc. Class A | 0.11% | 33,051 | $755K | New |
| SAH Sonic Automotive Inc. Class A | 0.11% | 13,132 | $748K | New |
| MHO M/I Homes Inc. | 0.11% | 6,536 | $746K | Add +30.1% |
| TNL Travel + Leisure Co. | 0.11% | 16,105 | $746K | New |
| FLYW Flywire Corp.-Voting | 0.11% | 78,436 | $745K | New |
| ACM Aecom | 0.11% | 8,012 | $743K | New |
| BDC Belden Inc. | 0.11% | 7,409 | $743K | Add +164.5% |
| SEMR Semrush Holdings Inc. Class A | 0.11% | 79,609 | $743K | Add +151.5% |
| NRG NRG Energy Inc. | 0.11% | 7,728 | $738K | Add +0.5% |
| CUBI Customers Bancorp Inc. | 0.11% | 14,693 | $738K | New |
| FOXF Fox Factory Holding Corp. | 0.11% | 31,420 | $733K | Add +173.7% |
Portfolio Sells Q4 2024 → Q1 2025
| USHY iShares Broad Usd High Yield | Reduce -37.6% | 27.65% | −10.93 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −10.42 |
| TDS Telephone and Data Systems | Sold out | 0.00% | −0.23 |
| PAA Plains All Amer Pipeline LP | Sold out | 0.00% | −0.23 |
| PAGP Plains GP Holdings LP | Sold out | 0.00% | −0.23 |
| NYT New York Times Co. Class A | Sold out | 0.00% | −0.22 |
| SKYW Skywest Inc. | Sold out | 0.00% | −0.22 |
| SEI Solaris Energy Infrastructur | Sold out | 0.00% | −0.22 |
| GPRE Green Plains Inc. | Sold out | 0.00% | −0.19 |
| UAL United Airlines Holdings Inc. | Reduce -73.7% | 0.05% | −0.18 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.18 |
| INTA Intapp Inc. | Reduce -76.6% | 0.06% | −0.17 |
| VSXY Victoria's Secret & Co. | Sold out | 0.00% | −0.17 |
| COR Cencora Inc. | Sold out | 0.00% | −0.17 |
| GEN Gen Digital Inc. | Sold out | 0.00% | −0.17 |
| HCA HCA Healthcare Inc. | Sold out | 0.00% | −0.17 |
| CARG Cargurus Inc. | Reduce -73.0% | 0.06% | −0.17 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.17 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −0.17 |
| FIX Comfort Systems USA Inc. | Sold out | 0.00% | −0.17 |
| CXW Corecivic Inc. | Reduce -75.4% | 0.06% | −0.17 |
| PAYO Payoneer Global Inc. | Reduce -70.0% | 0.06% | −0.17 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.14 |
| CAH Cardinal Health Inc. | Sold out | 0.00% | −0.14 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.14 |
| AXS Axis Capital Holdings Ltd. | Sold out | 0.00% | −0.14 |
| ALK Alaska Air Group Inc. | Sold out | 0.00% | −0.14 |
| USFD US Foods Holding Corp. | Sold out | 0.00% | −0.14 |
| FOXA Fox Corp. Class A | Sold out | 0.00% | −0.14 |
| CALM Cal-Maine Foods Inc. | Sold out | 0.00% | −0.13 |
| PRIM Primoris Services Corp. | Reduce -67.1% | 0.05% | −0.13 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.13 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.13 |
| ZIM Zim Integrated Shipping Serv | Reduce -41.7% | 0.10% | −0.12 |
| PAY Paymentus Holdings Inc. Class A | Reduce -63.4% | 0.06% | −0.11 |
| SSRM SSR Mining Inc. | Sold out | 0.00% | −0.11 |
| ARIS WATER SOLUTIONS INC-A | Reduce -66.4% | 0.11% | −0.11 |
| HTZ Hertz Global Hldgs Inc. | Reduce -54.6% | 0.12% | −0.10 |
| QNST Quinstreet Inc. | Sold out | 0.00% | −0.10 |
| MIR Mirion Technologies Inc. | Sold out | 0.00% | −0.10 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.10 |
| CMP Compass Minerals Internation | Sold out | 0.00% | −0.09 |
| NVCR Novocure Ltd. | Sold out | 0.00% | −0.09 |
| ZETA Zeta Global Holdings Corp. Class A | Sold out | 0.00% | −0.09 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.09 |
| DUOL Duolingo | Sold out | 0.00% | −0.09 |
| CNDT Conduent Inc. | Sold out | 0.00% | −0.09 |
| RYAM Rayonier Advanced Materials | Sold out | 0.00% | −0.09 |
| DRS Leonardo DRS Inc. | Sold out | 0.00% | −0.09 |
| CNX CNX Resources Corp. | Sold out | 0.00% | −0.09 |
Portfolio Buys Q4 2024 → Q1 2025
| HYD Vaneck High Yield Muni ETF | New | 6.97% | +6.97 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +51.4% | 5.08% | +2.17 |
| JNK SS SPDR BB High Yield Bond | Add +51.6% | 5.04% | +2.14 |
| CPAI Counterpoint Quan Equity ETF | Add +12.5% | 5.85% | +1.21 |
| AMN Amn Healthcare Services Inc. | New | 0.31% | +0.31 |
| AR Antero Resources Corp. | New | 0.31% | +0.31 |
| SHLS Shoals Technologies Group -A | New | 0.30% | +0.30 |
| ADTN Adtran Holdings Inc. | New | 0.29% | +0.29 |
| XRX Xerox Holdings Corp. | New | 0.28% | +0.28 |
| CRK Comstock Resources Inc. | New | 0.25% | +0.25 |
| EXLS Exlservice Holdings Inc. | New | 0.25% | +0.25 |
| XIFR XPLR Infrastructure LP | Add +792.4% | 0.31% | +0.25 |
| NTNX Nutanix Inc. Class A | Add +392.6% | 0.29% | +0.25 |
| TDOC Teladoc Health Inc. | Add +638.8% | 0.28% | +0.24 |
| MGPI MGP Ingredients Inc. | New | 0.24% | +0.24 |
| CRDO Credo Technology Group Holdi | Add +1054.2% | 0.28% | +0.24 |
| SFM Sprouts Farmers Market Inc. | Add +168.0% | 0.31% | +0.23 |
| DASH DoorDash Inc. Class A | New | 0.23% | +0.23 |
| MELI MercadoLibre Inc. | New | 0.22% | +0.22 |
| AROC Archrock Inc. | Add +168.1% | 0.30% | +0.21 |
| LEG Leggett & Platt Inc. | Add +267.4% | 0.29% | +0.21 |
| COMP Compass Inc. Class A | Add +101.4% | 0.29% | +0.20 |
| PM Philip Morris International | New | 0.20% | +0.20 |
| EVER Everquote Inc. Class A | Add +102.2% | 0.29% | +0.19 |
| EXE Expand Energy Corp. | New | 0.19% | +0.19 |
| BKR Baker Hughes Co. | New | 0.19% | +0.19 |
| WMB Williams Cos Inc. | New | 0.19% | +0.19 |
| VIRT Virtu Financial Inc. Class A | New | 0.19% | +0.19 |
| ALHC Alignment Healthcare Inc. | New | 0.19% | +0.19 |
| G Genpact Ltd. | New | 0.19% | +0.19 |
| CHWY Chewy Inc. Class A | New | 0.19% | +0.19 |
| ET Energy Transfer LP | New | 0.19% | +0.19 |
| GDDY GoDaddy Inc. Class A | New | 0.19% | +0.19 |
| GNW Genworth Financial Inc. | New | 0.19% | +0.19 |
| ESLT Elbit Systems Ltd. | New | 0.19% | +0.19 |
| OPCH Option Care Health Inc. | New | 0.19% | +0.19 |
| IDCC Interdigital Inc. | New | 0.18% | +0.18 |
| SRAD Sportradar Group AG-A | New | 0.18% | +0.18 |
| SPOT Spotify Technology SA | New | 0.18% | +0.18 |
| VISN Vistance Networks Inc. | Add +232.7% | 0.24% | +0.18 |
| PBI Pitney Bowes Inc. | Add +79.6% | 0.24% | +0.15 |
| BRBR Bellring Brands Inc. | Add +56.6% | 0.31% | +0.13 |
| GO Grocery Outlet Holding Corp. | New | 0.12% | +0.12 |
| EPAC Enerpac Tool Group Corp. | New | 0.12% | +0.12 |
| ACHC Acadia Healthcare Co. Inc. | New | 0.12% | +0.12 |
| ACIW Aci Worldwide Inc. | New | 0.12% | +0.12 |
| SLVM Sylvamo Corp. | New | 0.12% | +0.12 |
| AGL Agilon Health Inc. | New | 0.11% | +0.11 |
| STLD Steel Dynamics Inc. | New | 0.11% | +0.11 |
| CALY Callaway Golf Company | New | 0.11% | +0.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 295 | $1.0B | IVV, USHY, JNK, HYG, CPAI |
| Q1 2026 | 294 | $665.9M | BIL, CPAI, USHY, JNK, HYG |
| Q4 2025 | 339 | $1.3B | USHY, HYG, JNK, CPAI, IVV |
| Q3 2025 | 318 | $1.3B | USHY, HYG, JNK, IVV, CPAI |
| Q2 2025 | 299 | $1.1B | USHY, HYG, IVV, CPAI, JNK |
| Q1 2025 | 279 | $698.0M | USHY, BKLN, HYD, SRLN, CPAI |
| Q4 2024 | 274 | $801.1M | USHY, BKLN, IVV, SRLN, CPAI |
| Q3 2024 | 290 | $527.7M | BKLN, SRLN, USHY, HYD, HYG |
| Q2 2024 | 226 | $428.8M | BKLN, USHY, SRLN, HYD, HYG |
| Q1 2024 | 166 | $407.9M | USHY, BKLN, SRLN, HYD, HYG |