Entropy Technologies, LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 8, 2024), Entropy Technologies, LP reported 696 stock positions worth $938.0 million. Its top holding was Unitedhealth (UNH) at 0.8% of the portfolio, followed by Micron Technology (MU, 0.8%) and Progressive (PGR, 0.8%). Compared with Q4 2023, it opened 379 new positions, sold out of 217, added to 170 and reduced 147. The biggest buy was a new position in Starbucks (SBUX) and the biggest sale an exit from Factset Research Systems (FDS).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001976151
- Portfolio Value
- $938.0M (Q1 2024)
- SEC Filing
- 0001976151-24-000004 ↗ filed May 8, 2024
Holdings Value
Holdings 696 stocks · $938.0M
| UNH Unitedhealth Group Inc. | 0.80% | 15,176 | $7.5M | Add +321.1% |
| MU Micron Technology Inc. | 0.80% | 63,610 | $7.5M | Add +2389.6% |
| PGR Progressive Corp. | 0.80% | 36,230 | $7.5M | Add +1463.0% |
| EA Electronic Arts Inc. | 0.80% | 56,429 | $7.5M | Add +496.3% |
| SBUX Starbucks Corp. | 0.80% | 81,895 | $7.5M | New |
| ADM Archer-Daniels-Midland Co. | 0.80% | 119,038 | $7.5M | Add +494.0% |
| ZTS Zoetis Inc. | 0.79% | 44,014 | $7.4M | New |
| GILD Gilead Sciences Inc. | 0.79% | 101,616 | $7.4M | New |
| CB Chubb Ltd. | 0.76% | 27,536 | $7.1M | Add +616.0% |
| VRT Vertiv Holdings Co. Class A | 0.75% | 86,410 | $7.1M | Add +51.5% |
| PM Philip Morris International | 0.72% | 73,399 | $6.7M | Add +282.2% |
| HUM Humana Inc. | 0.67% | 18,133 | $6.3M | Add +80.5% |
| APA Apa Corp. | 0.67% | 182,742 | $6.3M | Add +297.9% |
| SNOW Snowflake Inc. | 0.67% | 38,849 | $6.3M | Add +355.6% |
| AAPL Apple Inc. | 0.66% | 36,141 | $6.2M | New |
| CHTR Charter Communications Inc. Class A | 0.65% | 20,940 | $6.1M | Add +373.6% |
| TEL Te Connectivity Ltd. | 0.65% | 41,677 | $6.1M | New |
| PPG PPG Industries Inc. | 0.64% | 41,713 | $6.0M | Add +196.5% |
| JNJ Johnson & Johnson | 0.63% | 37,592 | $5.9M | Add +127.5% |
| MCHP Microchip Technology Inc. | 0.61% | 63,749 | $5.7M | Add +144.8% |
| DTE DTE Energy Company | 0.60% | 50,381 | $5.6M | New |
| RIVN Rivian Automotive Inc. Class A | 0.57% | 492,142 | $5.4M | New |
| NTNX Nutanix Inc. Class A | 0.57% | 87,135 | $5.4M | Add +200.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.57% | 16,683 | $5.3M | Add +142.9% |
| SHW The Sherwin-Williams Co. | 0.56% | 15,041 | $5.2M | Add +1515.6% |
| ADI Analog Devices Inc. | 0.55% | 26,314 | $5.2M | New |
| PR Permian Resources Corp. Class A | 0.55% | 292,284 | $5.2M | New |
| T AT&T Inc. | 0.55% | 292,306 | $5.1M | Add +250.6% |
| GLPI Gaming and Leisure Propertie | 0.54% | 109,963 | $5.1M | Add +180.2% |
| BIIB Biogen Inc. | 0.54% | 23,358 | $5.0M | New |
| VRSN Verisign Inc. | 0.53% | 26,185 | $5.0M | Add +2490.0% |
| UNP Union Pacific Corp. | 0.53% | 20,170 | $5.0M | New |
| LRCX Lam Research Corp. | 0.52% | 5,064 | $4.9M | New |
| DECK Deckers Outdoor Corp. | 0.51% | 5,124 | $4.8M | New |
| LMT Lockheed Martin Corp. | 0.51% | 10,570 | $4.8M | Add +213.6% |
| CNM Core & Main Inc. Class A | 0.51% | 83,412 | $4.8M | Add +188.5% |
| FND Floor & Decor Holdings Inc. Class A | 0.50% | 36,191 | $4.7M | Add +104.9% |
| MSFT Microsoft Corp. | 0.50% | 11,141 | $4.7M | New |
| PAYC Paycom Software Inc. | 0.50% | 23,500 | $4.7M | Add +857.2% |
| NKE Nike Inc. Class B | 0.49% | 48,518 | $4.6M | New |
| APD Air Products & Chemicals Inc. | 0.48% | 18,595 | $4.5M | Add +247.2% |
| WDC Western Digital Corp. | 0.48% | 65,384 | $4.5M | Add +620.5% |
| SWKS Skyworks Solutions Inc. | 0.47% | 40,982 | $4.4M | Add +269.2% |
| COR Cencora Inc. | 0.47% | 18,179 | $4.4M | New |
| CSCO Cisco Systems Inc. | 0.47% | 87,955 | $4.4M | New |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.47% | 80,082 | $4.4M | Reduce -15.1% |
| BA The Boeing Co. | 0.46% | 22,352 | $4.3M | Add +329.3% |
| WFC Wells Fargo & Co. | 0.46% | 74,183 | $4.3M | New |
| OXY Occidental Petroleum Corp. | 0.45% | 64,902 | $4.2M | New |
| SYK Stryker Corp. | 0.44% | 11,653 | $4.2M | New |
| TMO Thermo Fisher Scientific Inc. | 0.44% | 7,099 | $4.1M | Add +45.4% |
| AWK American Water Works Co. Inc. | 0.44% | 33,553 | $4.1M | Add +834.1% |
| WM Waste Management Inc. | 0.43% | 18,850 | $4.0M | New |
| KLAC KLA Corp. | 0.43% | 5,722 | $4.0M | New |
| CVNA Carvana Co. | 0.41% | 44,010 | $3.9M | Add +250.0% |
| PCG P G & E Corp. | 0.41% | 228,585 | $3.8M | New |
| MSI Motorola Solutions Inc. | 0.41% | 10,748 | $3.8M | Add +174.3% |
| MKC McCormick & Co.-Non VTG SHRS | 0.41% | 49,500 | $3.8M | Add +146.5% |
| BDX Becton Dickinson and Co. | 0.40% | 15,225 | $3.8M | Add +374.7% |
| ODFL Old Dominion Freight Line | 0.40% | 17,178 | $3.8M | Add +57.9% |
| COP Conocophillips | 0.39% | 28,727 | $3.7M | New |
| DT Dynatrace Inc. | 0.39% | 78,354 | $3.6M | Add +912.5% |
| USB US Bancorp | 0.39% | 81,395 | $3.6M | New |
| ANF Abercrombie & Fitch Co. Class A | 0.39% | 28,934 | $3.6M | Reduce -0.1% |
| PH Parker Hannifin Corp. | 0.38% | 6,478 | $3.6M | Add +511.7% |
| MAS Masco Corp. | 0.38% | 45,076 | $3.6M | Add +650.8% |
| WEC WEC Energy Group Inc. | 0.38% | 43,248 | $3.6M | New |
| INTC Intel Corp. | 0.38% | 80,289 | $3.5M | Add +17.8% |
| JPM JPMorgan Chase & Co. | 0.38% | 17,686 | $3.5M | New |
| IDXX Idexx Laboratories Inc. | 0.37% | 6,384 | $3.4M | Add +156.2% |
| V Visa Inc. Class A | 0.36% | 12,250 | $3.4M | New |
| DASH DoorDash Inc. Class A | 0.36% | 24,752 | $3.4M | Reduce -22.1% |
| SYY Sysco Corp. | 0.36% | 41,798 | $3.4M | New |
| ELS Equity Lifestyle Properties | 0.36% | 52,628 | $3.4M | New |
| DAL Delta Air Lines Inc. | 0.36% | 70,602 | $3.4M | New |
| MSCI MSCI Inc. | 0.36% | 6,017 | $3.4M | Add +74.0% |
| GL Globe Life Inc. | 0.36% | 28,669 | $3.3M | Add +61.1% |
| APO Apollo Global Management Inc. | 0.35% | 29,184 | $3.3M | Add +139.7% |
| KSS Kohls Corp. | 0.35% | 112,263 | $3.3M | Add +153.5% |
| DVA Davita Inc. | 0.35% | 23,696 | $3.3M | Reduce -13.2% |
| ROST Ross Stores Inc. | 0.34% | 21,664 | $3.2M | New |
| SO The Southern Co. | 0.34% | 43,926 | $3.2M | Add +228.1% |
| BSY Bentley Systems Inc. Class B | 0.33% | 60,120 | $3.1M | Add +78.2% |
| NCLH Norwegian Cruise Line Holdin | 0.33% | 146,765 | $3.1M | Add +122.2% |
| AMP Ameriprise Financial Inc. | 0.33% | 6,979 | $3.1M | New |
| HOOD Robinhood Markets Inc. Class A | 0.33% | 151,924 | $3.1M | Add +87.2% |
| MNST Monster Beverage Corp. | 0.33% | 51,569 | $3.1M | New |
| GIS General Mills Inc. | 0.33% | 43,663 | $3.1M | New |
| MDLZ Mondelez International Inc. Class A | 0.32% | 43,432 | $3.0M | New |
| CCL Carnival Corp. | 0.32% | 185,916 | $3.0M | Add +99.8% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.32% | 58,043 | $3.0M | New |
| DKS Dick's Sporting Goods Inc. | 0.32% | 13,271 | $3.0M | Add +57.4% |
| RHP Ryman Hospitality Properties | 0.31% | 25,273 | $2.9M | Reduce -13.0% |
| WBD Warner Bros Discovery Inc. | 0.31% | 331,447 | $2.9M | New |
| MMM 3M Co. | 0.30% | 26,835 | $2.8M | Add +153.8% |
| L Loews Corp. | 0.30% | 36,202 | $2.8M | Add +405.8% |
| CHRD Chord Energy Corp. | 0.30% | 15,850 | $2.8M | New |
| AFRM Affirm Holdings Inc. | 0.30% | 75,787 | $2.8M | Add +27.3% |
| ELF Elf Beauty Inc. | 0.30% | 14,237 | $2.8M | Add +161.9% |
| CNP Centerpoint Energy Inc. | 0.30% | 97,837 | $2.8M | Add +642.8% |
Portfolio Sells Q4 2023 → Q1 2024
| FDS Factset Research Systems Inc. | Sold out | 0.00% | −0.86 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −0.86 |
| STZ Constellation Brands Inc. Class A | Reduce -64.5% | 0.23% | −0.77 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.76 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.75 |
| FOXA Fox Corp. Class A | Sold out | 0.00% | −0.73 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.70 |
| MTB M & T Bank Corp. | Sold out | 0.00% | −0.69 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | −0.61 |
| GM General Motors Co. | Sold out | 0.00% | −0.59 |
| RMD Resmed Inc. | Reduce -84.6% | 0.07% | −0.57 |
| FOUR SHIFT4 Payments Inc. Class A | Reduce -60.4% | 0.14% | −0.54 |
| EG Everest Group Ltd. | Sold out | 0.00% | −0.53 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.53 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.51 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.50 |
| HES Hess Corp. | Reduce -84.6% | 0.05% | −0.50 |
| QLYS Qualys Inc. | Reduce -72.7% | 0.08% | −0.50 |
| CMI Cummins Inc. | Reduce -79.8% | 0.08% | −0.48 |
| HAL Halliburton Co. | Reduce -67.5% | 0.12% | −0.48 |
| KR Kroger Co. | Sold out | 0.00% | −0.46 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.46 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.45 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.45 |
| AMD Advanced Micro Devices | Reduce -58.3% | 0.19% | −0.45 |
| SLB SLB Ltd. | Reduce -15.1% | 0.47% | −0.44 |
| FIX Comfort Systems USA Inc. | Reduce -68.4% | 0.17% | −0.44 |
| IT Gartner Inc. | Reduce -61.9% | 0.13% | −0.42 |
| CDW CDW Corp. | Reduce -66.0% | 0.12% | −0.42 |
| BBY Best Buy Co. Inc. | Reduce -78.4% | 0.06% | −0.42 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.41 |
| K Kellanova | Sold out | 0.00% | −0.40 |
| TRU Transunion | Sold out | 0.00% | −0.39 |
| MHK Mohawk Industries Inc. | Sold out | 0.00% | −0.39 |
| BG Bunge Global SA | Sold out | 0.00% | −0.38 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.38 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.37 |
| CTAS Cintas Corp. | Reduce -33.6% | 0.29% | −0.37 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.37 |
| PATH Uipath Inc. Class A | Reduce -46.7% | 0.14% | −0.37 |
| ARW Arrow Electronics Inc. | Sold out | 0.00% | −0.36 |
| RTX RTX Corp. | Sold out | 0.00% | −0.35 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.35 |
| ADC Agree Realty Corp. | Reduce -40.6% | 0.15% | −0.34 |
| VMC Vulcan Materials Co. | Sold out | 0.00% | −0.33 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.33 |
| UBER Uber Technologies Inc. | Reduce -39.4% | 0.25% | −0.33 |
| AFL Aflac Inc. | Sold out | 0.00% | −0.33 |
| EW Edwards Lifesciences Corp. | Sold out | 0.00% | −0.33 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.32 |
Portfolio Buys Q4 2023 → Q1 2024
| SBUX Starbucks Corp. | New | 0.80% | +0.80 |
| ZTS Zoetis Inc. | New | 0.79% | +0.79 |
| GILD Gilead Sciences Inc. | New | 0.79% | +0.79 |
| MU Micron Technology Inc. | Add +2389.6% | 0.80% | +0.76 |
| PGR Progressive Corp. | Add +1463.0% | 0.80% | +0.73 |
| AAPL Apple Inc. | New | 0.66% | +0.66 |
| TEL Te Connectivity Ltd. | New | 0.65% | +0.65 |
| DTE DTE Energy Company | New | 0.60% | +0.60 |
| CB Chubb Ltd. | Add +616.0% | 0.76% | +0.60 |
| RIVN Rivian Automotive Inc. Class A | New | 0.57% | +0.57 |
| EA Electronic Arts Inc. | Add +496.3% | 0.80% | +0.56 |
| ADI Analog Devices Inc. | New | 0.55% | +0.55 |
| PR Permian Resources Corp. Class A | New | 0.55% | +0.55 |
| BIIB Biogen Inc. | New | 0.54% | +0.54 |
| ADM Archer-Daniels-Midland Co. | Add +494.0% | 0.80% | +0.53 |
| UNP Union Pacific Corp. | New | 0.53% | +0.53 |
| LRCX Lam Research Corp. | New | 0.52% | +0.52 |
| DECK Deckers Outdoor Corp. | New | 0.51% | +0.51 |
| SHW The Sherwin-Williams Co. | Add +1515.6% | 0.56% | +0.50 |
| MSFT Microsoft Corp. | New | 0.50% | +0.50 |
| VRSN Verisign Inc. | Add +2490.0% | 0.53% | +0.49 |
| NKE Nike Inc. Class B | New | 0.49% | +0.49 |
| COR Cencora Inc. | New | 0.47% | +0.47 |
| CSCO Cisco Systems Inc. | New | 0.47% | +0.47 |
| WFC Wells Fargo & Co. | New | 0.46% | +0.46 |
| OXY Occidental Petroleum Corp. | New | 0.45% | +0.45 |
| UNH Unitedhealth Group Inc. | Add +321.1% | 0.80% | +0.45 |
| SYK Stryker Corp. | New | 0.44% | +0.44 |
| WM Waste Management Inc. | New | 0.43% | +0.43 |
| KLAC KLA Corp. | New | 0.43% | +0.43 |
| PCG P G & E Corp. | New | 0.41% | +0.41 |
| PAYC Paycom Software Inc. | Add +857.2% | 0.50% | +0.40 |
| COP Conocophillips | New | 0.39% | +0.39 |
| USB US Bancorp | New | 0.39% | +0.39 |
| WDC Western Digital Corp. | Add +620.5% | 0.48% | +0.39 |
| PM Philip Morris International | Add +282.2% | 0.72% | +0.38 |
| WEC WEC Energy Group Inc. | New | 0.38% | +0.38 |
| JPM JPMorgan Chase & Co. | New | 0.38% | +0.38 |
| V Visa Inc. Class A | New | 0.36% | +0.36 |
| APA Apa Corp. | Add +297.9% | 0.67% | +0.36 |
| SYY Sysco Corp. | New | 0.36% | +0.36 |
| ELS Equity Lifestyle Properties | New | 0.36% | +0.36 |
| DAL Delta Air Lines Inc. | New | 0.36% | +0.36 |
| SNOW Snowflake Inc. | Add +355.6% | 0.67% | +0.35 |
| AWK American Water Works Co. Inc. | Add +834.1% | 0.44% | +0.35 |
| ROST Ross Stores Inc. | New | 0.34% | +0.34 |
| CHTR Charter Communications Inc. Class A | Add +373.6% | 0.65% | +0.33 |
| AMP Ameriprise Financial Inc. | New | 0.33% | +0.33 |
| MNST Monster Beverage Corp. | New | 0.33% | +0.33 |
| GIS General Mills Inc. | New | 0.33% | +0.33 |
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 |