Entropy Technologies, LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Entropy Technologies, LP reported 929 stock positions worth $2.5 billion. Its top holding was Northrop Grumman (NOC) at 0.8% of the portfolio, followed by Mastercard Class A (MA, 0.8%) and Sherwin-Williams (SHW, 0.8%). Compared with Q1 2026, it opened 425 new positions, sold out of 353, added to 276 and reduced 228. The biggest buy was a new position in Northrop Grumman (NOC) and the biggest sale an exit from Cheniere Energy (LNG).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001976151
- Portfolio Value
- $2.5B (Q2 2026)
- SEC Filing
- 0001976151-26-000005 ↗ filed Aug 13, 2026
Holdings Value
Holdings 929 stocks · $2.5B
| NOC Northrop Grumman Corp. | 0.76% | 37,576 | $19.1M | New |
| MA Mastercard Inc. Class A | 0.76% | 37,122 | $19.1M | Add +5.4% |
| SHW The Sherwin-Williams Co. | 0.76% | 55,371 | $19.1M | Add +83.8% |
| COP Conocophillips | 0.75% | 182,378 | $19.0M | Add +3873.4% |
| WFC Wells Fargo & Co. | 0.75% | 229,295 | $18.9M | New |
| COF Capital One Financial Corp. | 0.75% | 94,438 | $18.9M | Add +138.2% |
| MCK McKesson Corp. | 0.75% | 25,067 | $18.9M | Add +407.9% |
| PEP Pepsico Inc. | 0.75% | 139,825 | $18.9M | Add +23.6% |
| OXY Occidental Petroleum Corp. | 0.75% | 389,171 | $18.9M | Add +43.3% |
| ISRG Intuitive Surgical Inc. | 0.75% | 47,513 | $18.9M | New |
| TFC Truist Financial Corp. | 0.74% | 372,477 | $18.6M | Add +85.7% |
| INTU Intuit Inc. | 0.72% | 69,622 | $18.2M | New |
| LRCX Lam Research Corp. | 0.72% | 41,853 | $18.1M | New |
| KHC The Kraft Heinz Co. | 0.71% | 757,176 | $17.9M | Add +60.5% |
| DVN Devon Energy Corp. | 0.68% | 414,797 | $17.1M | New |
| ABBV Abbvie Inc. | 0.64% | 64,317 | $16.2M | New |
| AXP American Express Co. | 0.64% | 47,809 | $16.2M | Reduce -17.8% |
| CME Cme Group Inc. | 0.64% | 73,092 | $16.1M | Add +80.2% |
| BSX Boston Scientific Corp. | 0.64% | 375,251 | $16.0M | Add +32.6% |
| PG The Procter & Gamble Co. | 0.63% | 108,499 | $15.9M | New |
| AMAT Applied Materials Inc. | 0.61% | 21,367 | $15.4M | Add +1614.8% |
| PH Parker Hannifin Corp. | 0.61% | 15,636 | $15.3M | Reduce -11.2% |
| RSG Republic Services Inc. | 0.61% | 71,712 | $15.3M | Add +1278.3% |
| FIX Comfort Systems USA Inc. | 0.60% | 7,645 | $15.2M | Add +18.4% |
| CIEN Ciena Corp. | 0.56% | 28,706 | $14.1M | New |
| NUE Nucor Corp. | 0.55% | 62,348 | $13.9M | New |
| ABNB Airbnb Inc. Class A | 0.54% | 95,328 | $13.6M | New |
| DOW Dow Inc. filed as DOW HLDGS INC | 0.54% | 496,472 | $13.6M | Add +430.6% |
| EQIX Equinix Inc. | 0.54% | 13,010 | $13.6M | Add +306.7% |
| STX Seagate Technology Holdings | 0.53% | 13,827 | $13.3M | Reduce -48.8% |
| CMG Chipotle Mexican Grill Inc. | 0.53% | 390,928 | $13.3M | Add +57.7% |
| LLY Eli Lilly & Co. | 0.53% | 11,052 | $13.3M | Add +0.0% |
| MNST Monster Beverage Corp. | 0.53% | 137,787 | $13.2M | Add +17.9% |
| ICE Intercontinental Exchange Inc. | 0.52% | 106,066 | $13.1M | Add +713.4% |
| MELI MercadoLibre Inc. | 0.52% | 7,682 | $13.0M | Reduce -1.0% |
| MMM 3M Co. | 0.52% | 80,354 | $13.0M | Add +6.6% |
| TMUS T-Mobile US Inc. | 0.52% | 77,469 | $13.0M | Add +175.8% |
| CPRT Copart Inc. | 0.50% | 448,695 | $12.6M | Add +99.8% |
| GILD Gilead Sciences Inc. | 0.50% | 99,958 | $12.6M | Add +33.8% |
| IDXX Idexx Laboratories Inc. | 0.50% | 23,854 | $12.6M | Add +41.8% |
| FTNT Fortinet Inc. | 0.50% | 81,376 | $12.5M | Add +1271.6% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.49% | 41,204 | $12.4M | Add +15.4% |
| NEM Newmont Corp. | 0.49% | 131,917 | $12.3M | Reduce -0.2% |
| SYF Synchrony Financial | 0.49% | 161,625 | $12.3M | Add +333.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.48% | 80,437 | $12.2M | Reduce -18.7% |
| TT Trane Technologies PLC | 0.48% | 24,561 | $12.1M | Reduce -41.8% |
| PCAR Paccar Inc. | 0.48% | 99,452 | $11.9M | New |
| LYB Lyondellbasell Indu Class A | 0.46% | 221,868 | $11.7M | New |
| BLK BlackRock Inc. | 0.46% | 12,056 | $11.6M | Reduce -34.1% |
| SHEL Shell PLC-ADR | 0.45% | 146,446 | $11.4M | New |
| NEE Nextera Energy Inc. | 0.45% | 128,364 | $11.3M | New |
| NOK Nokia Corp.-Spon ADR | 0.45% | 847,895 | $11.3M | Add +373.3% |
| HIG Hartford Insurance Group Inc. | 0.45% | 84,532 | $11.2M | New |
| NVDA Nvidia Corp. | 0.43% | 53,691 | $10.7M | Add +39.4% |
| C Citigroup Inc. | 0.43% | 76,560 | $10.7M | New |
| HUBS HubSpot Inc. | 0.42% | 57,493 | $10.5M | New |
| CRH CRH PLC | 0.42% | 97,667 | $10.5M | Add +189.9% |
| ITW Illinois Tool Works | 0.39% | 36,119 | $9.8M | Add +143.7% |
| LYV Live Nation Entertainment Inc. | 0.39% | 53,123 | $9.7M | New |
| BKNG Booking Holdings Inc. | 0.38% | 54,089 | $9.6M | Add +214.9% |
| ABT Abbott Laboratories | 0.38% | 105,540 | $9.6M | Reduce -38.7% |
| VST Vistra Corp. | 0.38% | 60,326 | $9.6M | Add +6.0% |
| MCHP Microchip Technology Inc. | 0.38% | 104,579 | $9.5M | New |
| SU Suncor Energy Inc. | 0.38% | 176,315 | $9.5M | Add +321.1% |
| HAL Halliburton Co. | 0.38% | 278,004 | $9.4M | Add +555.3% |
| DDOG Datadog Inc. Class A | 0.38% | 36,205 | $9.4M | New |
| TER Teradyne Inc. | 0.37% | 19,431 | $9.4M | Reduce -56.7% |
| ORLY O'reilly Automotive Inc. | 0.37% | 101,300 | $9.3M | Reduce -17.6% |
| ATI Ati Inc. | 0.36% | 45,851 | $9.0M | Add +141.0% |
| B Barrick Mining Corp. | 0.36% | 244,591 | $9.0M | Add +218.6% |
| REG Regency Centers Corp. | 0.36% | 112,611 | $9.0M | Add +319.9% |
| CLS Celestica Inc. | 0.36% | 24,548 | $9.0M | Reduce -38.5% |
| PLTR Palantir Technologies Inc. Class A | 0.36% | 76,686 | $8.9M | Reduce -36.3% |
| XEL Xcel Energy Inc. | 0.35% | 111,059 | $8.9M | Add +34.4% |
| NXPI NXP Semiconductors NV | 0.35% | 31,356 | $8.8M | Add +16.7% |
| BKR Baker Hughes Co. | 0.35% | 157,961 | $8.8M | New |
| META Meta Platforms Inc. Class A | 0.35% | 15,532 | $8.7M | Reduce -38.9% |
| PCG P G & E Corp. | 0.35% | 518,791 | $8.7M | Reduce -48.3% |
| TMO Thermo Fisher Scientific Inc. | 0.33% | 16,428 | $8.2M | New |
| HCA HCA Healthcare Inc. | 0.33% | 21,119 | $8.2M | Add +2291.7% |
| GGG Graco Inc. | 0.33% | 108,101 | $8.2M | Add +350.6% |
| CRWV Coreweave Inc. Class A | 0.32% | 80,277 | $8.0M | New |
| ECL Ecolab Inc. | 0.32% | 28,468 | $7.9M | Add +125.0% |
| FORM Formfactor Inc. | 0.31% | 49,421 | $7.9M | Add +179.0% |
| FERG Ferguson Enterprises Inc. | 0.31% | 33,292 | $7.9M | Add +353.0% |
| AEE Ameren Corporation | 0.31% | 68,416 | $7.7M | Add +12.3% |
| RTX RTX Corp. | 0.31% | 40,756 | $7.7M | Reduce -37.5% |
| LITE Lumentum Holdings Inc. | 0.30% | 8,915 | $7.6M | Reduce -43.1% |
| PNR Pentair PLC | 0.30% | 99,464 | $7.6M | Reduce -18.2% |
| AIG American International Group | 0.30% | 100,064 | $7.5M | Add +249.6% |
| CNP Centerpoint Energy Inc. | 0.30% | 168,704 | $7.4M | Reduce -46.4% |
| COST Costco Wholesale Corp. | 0.29% | 7,925 | $7.4M | Reduce -55.4% |
| JPM JPMorgan Chase & Co. | 0.29% | 22,416 | $7.3M | New |
| PEG Public Service Enterprise GP | 0.29% | 89,803 | $7.3M | New |
| AVY Avery Dennison Corp. | 0.29% | 44,877 | $7.3M | Add +105.3% |
| KGC Kinross Gold Corp. | 0.28% | 301,442 | $7.1M | Add +32.8% |
| FHN First Horizon Corp. | 0.28% | 277,423 | $7.1M | Add +234.9% |
| AEIS Advanced Energy Industries | 0.28% | 18,672 | $7.0M | New |
| VLO Valero Energy Corp. | 0.27% | 26,288 | $6.8M | Reduce -54.2% |
| XPO Xpo Inc. | 0.27% | 33,302 | $6.8M | Add +158.8% |
Portfolio Sells Q1 2026 → Q2 2026
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.82 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.82 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.81 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.81 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.81 |
| MDT Medtronic PLC | Reduce -90.9% | 0.06% | −0.76 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.75 |
| LMT Lockheed Martin Corp. | Reduce -82.4% | 0.10% | −0.71 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.69 |
| SNDK Sandisk Corp. | Reduce -98.7% | 0.03% | −0.69 |
| RKLB Rocket Lab Corp. | Sold out | 0.00% | −0.68 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.67 |
| SOFI Sofi Technologies Inc. | Reduce -98.2% | 0.01% | −0.66 |
| MET Metlife Inc. | Sold out | 0.00% | −0.63 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.62 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.58 |
| FDX FedEx Corp. | Reduce -60.1% | 0.25% | −0.57 |
| MO Altria Group Inc. | Reduce -86.3% | 0.08% | −0.55 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.53 |
| COST Costco Wholesale Corp. | Reduce -55.4% | 0.29% | −0.52 |
| CMI Cummins Inc. | Reduce -93.1% | 0.04% | −0.48 |
| PCG P G & E Corp. | Reduce -48.3% | 0.35% | −0.47 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.46 |
| PLTR Palantir Technologies Inc. Class A | Reduce -36.3% | 0.36% | −0.46 |
| ABT Abbott Laboratories | Reduce -38.7% | 0.38% | −0.43 |
| JCI Johnson Controls Internation | Reduce -88.1% | 0.05% | −0.42 |
| SBAC SBA Communications Corp. | Sold out | 0.00% | −0.41 |
| CRDO Credo Technology Group Holdi | Sold out | 0.00% | −0.40 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.39 |
| A Agilent Technologies Inc. | Reduce -83.7% | 0.08% | −0.39 |
| VLO Valero Energy Corp. | Reduce -54.2% | 0.27% | −0.38 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.38 |
| WCN Waste Connections Inc. | Reduce -86.7% | 0.05% | −0.37 |
| RMD Resmed Inc. | Reduce -91.3% | 0.03% | −0.36 |
| BLK BlackRock Inc. | Reduce -34.1% | 0.46% | −0.35 |
| HL Hecla Mining Co. | Reduce -61.3% | 0.13% | −0.35 |
| BN Brookfield Corp. | Sold out | 0.00% | −0.34 |
| TT Trane Technologies PLC | Reduce -41.8% | 0.48% | −0.33 |
| CNP Centerpoint Energy Inc. | Reduce -46.4% | 0.30% | −0.33 |
| DTE DTE Energy Company | Reduce -96.4% | 0.01% | −0.33 |
| RF Regions Financial Corp. | Sold out | 0.00% | −0.33 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.32 |
| META Meta Platforms Inc. Class A | Reduce -38.9% | 0.35% | −0.32 |
| NDAQ Nasdaq Inc. | Sold out | 0.00% | −0.32 |
| BALL Ball Corp. | Sold out | 0.00% | −0.32 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.32 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.31 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -74.6% | 0.13% | −0.30 |
| SYK Stryker Corp. | Sold out | 0.00% | −0.29 |
| LIN Linde PLC | Sold out | 0.00% | −0.29 |
Portfolio Buys Q1 2026 → Q2 2026
| NOC Northrop Grumman Corp. | New | 0.76% | +0.76 |
| WFC Wells Fargo & Co. | New | 0.75% | +0.75 |
| ISRG Intuitive Surgical Inc. | New | 0.75% | +0.75 |
| COP Conocophillips | Add +3873.4% | 0.75% | +0.73 |
| INTU Intuit Inc. | New | 0.72% | +0.72 |
| LRCX Lam Research Corp. | New | 0.72% | +0.72 |
| DVN Devon Energy Corp. | New | 0.68% | +0.68 |
| ABBV Abbvie Inc. | New | 0.64% | +0.64 |
| PG The Procter & Gamble Co. | New | 0.63% | +0.63 |
| AMAT Applied Materials Inc. | Add +1614.8% | 0.61% | +0.60 |
| CIEN Ciena Corp. | New | 0.56% | +0.56 |
| MCK McKesson Corp. | Add +407.9% | 0.75% | +0.56 |
| RSG Republic Services Inc. | Add +1278.3% | 0.61% | +0.56 |
| NUE Nucor Corp. | New | 0.55% | +0.55 |
| ABNB Airbnb Inc. Class A | New | 0.54% | +0.54 |
| PCAR Paccar Inc. | New | 0.48% | +0.48 |
| FTNT Fortinet Inc. | Add +1271.6% | 0.50% | +0.48 |
| LYB Lyondellbasell Indu Class A | New | 0.46% | +0.46 |
| SHEL Shell PLC-ADR | New | 0.45% | +0.45 |
| NEE Nextera Energy Inc. | New | 0.45% | +0.45 |
| HIG Hartford Insurance Group Inc. | New | 0.45% | +0.45 |
| C Citigroup Inc. | New | 0.43% | +0.43 |
| ICE Intercontinental Exchange Inc. | Add +713.4% | 0.52% | +0.43 |
| COF Capital One Financial Corp. | Add +138.2% | 0.75% | +0.42 |
| HUBS HubSpot Inc. | New | 0.42% | +0.42 |
| EQIX Equinix Inc. | Add +306.7% | 0.54% | +0.40 |
| LYV Live Nation Entertainment Inc. | New | 0.39% | +0.39 |
| NOK Nokia Corp.-Spon ADR | Add +373.3% | 0.45% | +0.38 |
| MCHP Microchip Technology Inc. | New | 0.38% | +0.38 |
| DDOG Datadog Inc. Class A | New | 0.38% | +0.38 |
| SYF Synchrony Financial | Add +333.2% | 0.49% | +0.37 |
| DOW Dow Inc. | Add +430.6% | 0.54% | +0.36 |
| BKR Baker Hughes Co. | New | 0.35% | +0.35 |
| TMO Thermo Fisher Scientific Inc. | New | 0.33% | +0.33 |
| CRWV Coreweave Inc. Class A | New | 0.32% | +0.32 |
| SHW The Sherwin-Williams Co. | Add +83.8% | 0.76% | +0.31 |
| TFC Truist Financial Corp. | Add +85.7% | 0.74% | +0.31 |
| HCA HCA Healthcare Inc. | Add +2291.7% | 0.33% | +0.31 |
| HAL Halliburton Co. | Add +555.3% | 0.38% | +0.30 |
| JPM JPMorgan Chase & Co. | New | 0.29% | +0.29 |
| PEG Public Service Enterprise GP | New | 0.29% | +0.29 |
| AEIS Advanced Energy Industries | New | 0.28% | +0.28 |
| TWLO Twilio Inc. Class A | New | 0.27% | +0.27 |
| PPL PPL Corp. | New | 0.27% | +0.27 |
| EVRG Evergy Inc. | New | 0.27% | +0.27 |
| REG Regency Centers Corp. | Add +319.9% | 0.36% | +0.26 |
| T AT&T Inc. | New | 0.25% | +0.25 |
| CRH CRH PLC | Add +189.9% | 0.42% | +0.25 |
| BKNG Booking Holdings Inc. | Add +214.9% | 0.38% | +0.25 |
| SU Suncor Energy Inc. | Add +321.1% | 0.38% | +0.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 929 | $2.5B | NOC, MA, SHW, COP, WFC |
| Q1 2026 | 857 | $2.2B | LNG, BSX, COST, ABT, CL |
| Q4 2025 | 849 | $1.8B | PLTR, XOM, MU, NOW, NFLX |
| Q3 2025 | 784 | $1.3B | MU, CVX, V, WMT, KO |
| Q2 2025 | 749 | $1.3B | MA, QCOM, CRM, PFE, DIS |
| Q1 2025 | 682 | $1.0B | EQIX, CRM, JNJ, MRSH, PEP |
| Q4 2024 | 691 | $971.0M | DHR, PFE, ADBE, NVDA, OXY |
| Q3 2024 | 687 | $952.5M | MSFT, LRCX, FERG, TMO, SHW |
| Q2 2024 | 641 | $925.2M | CVS, COP, JNJ, CMS, COST |
| Q1 2024 | 696 | $938.0M | UNH, MU, PGR, EA, SBUX |