Fox Run Management, L.L.C.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Fox Run Management, L.L.C. reported 872 stock positions worth $641.4 million. Its top holding was SS Energy Select Sector (XLE) at 1.2% of the portfolio, followed by SS Financial Select Sector (XLF, 0.7%) and iShares US Real Estate ETF (IYR, 0.6%). Compared with Q2 2025, it opened 479 new positions, sold out of 420, added to 177 and reduced 216. The biggest buy was SS Energy Select Sector (XLE, shares +115%) and the biggest sale Ralph Lauren (RL, shares −92%).

Most Recent 13F
Q2 2026
Location
GREENWICH, CT
CIK
0001533457
Portfolio Value
$641.4M (Q3 2025)
SEC Filing
0001420506-25-003071 ↗ filed Nov 12, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $463.8M Q1 2024 Q2 2024: $531.4M Q2 2024 Q3 2024: $449.4M Q3 2024 Q4 2024: $550.7M Q4 2024 Q1 2025: $645.6M Q1 2025 Q2 2025: $600.2M Q2 2025 Q3 2025: $641.4M $641.4M Q3 2025 Q4 2025: $647.9M Q4 2025 Q1 2026: $571.6M Q1 2026 Q2 2026: $603.3M Q2 2026

Holdings 872 stocks · $641.4M
XLE SS Energy Select Sector 1.20% 86,300 $7.7M Add +114.7%
XLF SS Financial Select Sector 0.67% 80,000 $4.3M Reduce -44.2%
IYR iShares US Real Estate ETF 0.61% 40,100 $3.9M New
MCHP Microchip Technology Inc. 0.45% 44,617 $2.9M New
SBAC SBA Communications Corp. 0.43% 14,280 $2.8M New
PCTY Paylocity Holding Corp. 0.41% 16,614 $2.6M Add +114.1%
SFM Sprouts Farmers Market Inc. 0.41% 23,907 $2.6M Add +116.8%
HEI Heico Corp. 0.39% 7,795 $2.5M Add +28.2%
REGN Regeneron Pharmaceuticals 0.39% 4,413 $2.5M New
EAT Brinker International Inc. 0.39% 19,579 $2.5M Add +33.7%
PODD Insulet Corp. 0.37% 7,666 $2.4M Add +168.7%
HUBS HubSpot Inc. 0.37% 5,006 $2.3M Add +99.6%
ZBRA Zebra Technologies Corp. Class A 0.36% 7,747 $2.3M Add +133.6%
SYK Stryker Corp. 0.36% 6,208 $2.3M New
TEAM Atlassian Corp. Class A 0.35% 13,918 $2.2M Add +83.9%
BSX Boston Scientific Corp. 0.34% 22,606 $2.2M New
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.34% 23,596 $2.2M Add +36.8%
CGNX Cognex Corp. 0.34% 48,413 $2.2M New
CLH Clean Harbors Inc. 0.34% 9,399 $2.2M Add +193.3%
KDP Keurig Dr Pepper Inc. 0.34% 85,372 $2.2M New
HAS Hasbro Inc. 0.34% 28,331 $2.1M Add +381.7%
ADSK Autodesk Inc. 0.33% 6,677 $2.1M New
JEF Jefferies Financial Group Inc. 0.33% 32,316 $2.1M New
EXTR Extreme Networks Inc. 0.33% 101,900 $2.1M Add +20.9%
AMP Ameriprise Financial Inc. 0.32% 4,231 $2.1M New
TOST Toast Inc. Class A 0.32% 56,424 $2.1M New
NRG NRG Energy Inc. 0.32% 12,579 $2.0M Add +140.5%
GVA Granite Construction Inc. 0.31% 18,390 $2.0M New
COF Capital One Financial Corp. 0.31% 9,386 $2.0M Add +96.5%
FCX Freeport-McMoran Inc. 0.31% 50,633 $2.0M New
ONON On Holding AG Class A filed as ON HLDG AG 0.31% 46,801 $2.0M Add +95.7%
CLS Celestica Inc. 0.30% 7,829 $1.9M New
BBT Beacon Financial Corp. 0.30% 81,211 $1.9M New
GDDY GoDaddy Inc. Class A 0.30% 14,049 $1.9M Add +30.4%
TTMI TTM Technologies 0.30% 33,338 $1.9M Add +139.4%
TFC Truist Financial Corp. 0.30% 41,436 $1.9M New
NTRA Natera Inc. 0.29% 11,713 $1.9M Add +42.5%
MNDY Monday.com Ltd. 0.29% 9,670 $1.9M New
AFL Aflac Inc. 0.29% 16,618 $1.9M New
CDW CDW Corp. 0.29% 11,524 $1.8M New
OLLI Ollie's Bargain Outlet Holdi 0.28% 14,220 $1.8M Add +372.6%
ROP Roper Technologies Inc. 0.28% 3,654 $1.8M Add +146.7%
FLS Flowserve Corp. 0.28% 33,930 $1.8M New
SPOT Spotify Technology SA 0.28% 2,581 $1.8M New
DECK Deckers Outdoor Corp. 0.28% 17,698 $1.8M Add +136.3%
META Meta Platforms Inc. Class A 0.28% 2,436 $1.8M New
FHN First Horizon Corp. 0.28% 79,042 $1.8M New
MWA Mueller Water Products Inc. Class A 0.28% 69,797 $1.8M New
CE Celanese Corp. 0.28% 42,175 $1.8M Add +406.9%
THC Tenet Healthcare Corp. 0.27% 8,634 $1.8M Add +538.6%
ATKR Atkore Inc. 0.27% 27,889 $1.7M New
CL Colgate-Palmolive Co. 0.27% 21,682 $1.7M New
UPWK Upwork Inc. 0.27% 92,698 $1.7M Add +101.2%
AVGO Broadcom Inc. 0.27% 5,216 $1.7M New
ZION Zions Bancorp NA 0.27% 30,296 $1.7M New
WMT Walmart Inc. 0.27% 16,580 $1.7M New
GTES Gates Industrial Corp. UK Ltd. 0.27% 68,822 $1.7M New
HON Honeywell International Inc. 0.26% 8,066 $1.7M New
KVYO Klaviyo Inc. Class A 0.26% 61,101 $1.7M Add +140.7%
CUZ Cousins Properties Inc. 0.26% 58,218 $1.7M Add +416.6%
KLIC Kulicke & Soffa Industries 0.26% 41,256 $1.7M New
AROC Archrock Inc. 0.26% 62,987 $1.7M New
OSK Oshkosh Corp. 0.26% 12,732 $1.7M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.25% 31,681 $1.6M Reduce -2.3%
NDAQ Nasdaq Inc. 0.25% 18,419 $1.6M Add +236.8%
UL Unilever PLC 0.25% 27,394 $1.6M Add +30.6%
GWRE Guidewire Software Inc. 0.25% 7,058 $1.6M Add +74.3%
DKNG Draftkings Inc. Class A 0.25% 43,213 $1.6M Add +245.6%
TCOM Trip.com Group Ltd.-ADR 0.25% 21,485 $1.6M New
YOU Clear Secure Inc. Class A 0.25% 48,094 $1.6M New
ADI Analog Devices Inc. 0.25% 6,530 $1.6M New
SONO Sonos Inc. 0.25% 101,398 $1.6M Add +44.6%
AMBA Ambarella Inc. 0.25% 19,230 $1.6M Add +133.5%
NVS Novartis AG-Sponsored ADR 0.25% 12,349 $1.6M New
AMD Advanced Micro Devices 0.25% 9,753 $1.6M New
SLAB Silicon Laboratories Inc. 0.25% 12,030 $1.6M New
GBX Greenbrier Companies Inc. 0.25% 34,091 $1.6M Add +330.6%
SIRI Sirius XM Holdings Inc. 0.24% 66,083 $1.5M New
YUMC Yum China Holdings Inc. 0.24% 35,701 $1.5M Add +170.6%
ODD Oddity Tech Ltd. Class A 0.24% 24,588 $1.5M New
NUE Nucor Corp. 0.24% 11,282 $1.5M New
NOW ServiceNow Inc. 0.24% 1,653 $1.5M Add +76.6%
MKTX Marketaxess Holdings Inc. 0.24% 8,704 $1.5M Add +73.5%
CPAY Corpay Inc. 0.24% 5,260 $1.5M New
BX Blackstone Inc. 0.24% 8,839 $1.5M Reduce -0.8%
MMS Maximus Inc. 0.23% 16,491 $1.5M Add +70.3%
ONTO Onto Innovation Inc. 0.23% 11,615 $1.5M Add +229.6%
DOX Amdocs Ltd. 0.23% 18,080 $1.5M Add +5.1%
CCK Crown Holdings Inc. 0.23% 15,215 $1.5M New
MANH Manhattan Associates Inc. 0.23% 7,137 $1.5M Add +2.9%
ESTC Elastic NV 0.23% 17,237 $1.5M Reduce -31.7%
BKE The Buckle Inc. 0.23% 24,789 $1.5M New
AKAM Akamai Technologies Inc. 0.23% 19,144 $1.5M Add +467.7%
HLNE Hamilton Lane Inc. Class A 0.23% 10,717 $1.4M Add +242.7%
BWA Borgwarner Inc. 0.22% 32,705 $1.4M Reduce -1.2%
UAL United Airlines Holdings Inc. 0.22% 14,702 $1.4M New
FTI Technipfmc PLC 0.22% 35,956 $1.4M Add +54.3%
GEN Gen Digital Inc. 0.22% 49,952 $1.4M Reduce -23.8%
LIN Linde PLC 0.22% 2,966 $1.4M New
SKT Tanger Inc. 0.22% 41,367 $1.4M New

Show all 872 holdings

Portfolio Sells Q2 2025 → Q3 2025
RL Ralph Lauren Corp. Reduce -91.8% 0.06% −0.64
XLF SS Financial Select Sector Reduce -44.2% 0.67% −0.58
MDB Mongodb Inc. Reduce -89.9% 0.08% −0.47
IRM Iron Mountain Inc. Sold out 0.00% −0.44
CVLT Commvault Systems Inc. Sold out 0.00% −0.44
BRBR Bellring Brands Inc. Sold out 0.00% −0.43
DTE DTE Energy Company Sold out 0.00% −0.41
UNP Union Pacific Corp. Sold out 0.00% −0.41
POOL Pool Corp. Sold out 0.00% −0.36
BBIO Bridgebio Pharma Inc. Reduce -79.6% 0.10% −0.35
STX Seagate Technology Holdings Sold out 0.00% −0.35
NEE Nextera Energy Inc. Sold out 0.00% −0.34
CARR Carrier Global Corp. Sold out 0.00% −0.34
APH Amphenol Corp. Class A Sold out 0.00% −0.34
DT Dynatrace Inc. Reduce -54.6% 0.20% −0.34
SIG Signet Jewelers Ltd. Sold out 0.00% −0.34
BOOT Boot Barn Holdings Inc. Reduce -75.4% 0.11% −0.34
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.33
NXT Nextpower Inc. Reduce -87.5% 0.06% −0.33
BRK.B Berkshire Hathaway Inc. Class B Reduce -86.9% 0.05% −0.32
BAP Credicorp Ltd. Sold out 0.00% −0.32
EFX Equifax Inc. Sold out 0.00% −0.32
ROOT Root Inc./Oh Class A Sold out 0.00% −0.31
CME Cme Group Inc. Sold out 0.00% −0.31
PINS Pinterest Inc. Class A Reduce -78.7% 0.06% −0.30
GFS Globalfoundries Inc. Sold out 0.00% −0.29
NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −0.29
MO Altria Group Inc. Sold out 0.00% −0.28
FAF First American Financial Sold out 0.00% −0.28
CVSA Covista Inc. Sold out 0.00% −0.28
WM Waste Management Inc. Reduce -74.3% 0.08% −0.27
VTR Ventas Inc. Sold out 0.00% −0.26
BAH Booz Allen Hamilton Holdings Reduce -75.4% 0.07% −0.26
WMB Williams Cos Inc. Sold out 0.00% −0.26
GOOG Alphabet Inc. Class C Sold out 0.00% −0.26
WIX Wix.com Ltd. Sold out 0.00% −0.26
ROST Ross Stores Inc. Sold out 0.00% −0.26
SHW The Sherwin-Williams Co. Sold out 0.00% −0.26
NTNX Nutanix Inc. Class A Reduce -79.2% 0.06% −0.26
WING Wingstop Inc. Sold out 0.00% −0.26
VNO Vornado Realty Trust Reduce -85.0% 0.04% −0.25
ZTS Zoetis Inc. Reduce -77.4% 0.06% −0.25
CW Curtiss-Wright Corp. Sold out 0.00% −0.25
FUN Six Flags Entertainment Corp. Reduce -76.7% 0.05% −0.25
INTA Intapp Inc. Reduce -75.7% 0.05% −0.25
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −0.25
FERG Ferguson Enterprises Inc. Reduce -65.9% 0.12% −0.24
EXE Expand Energy Corp. Sold out 0.00% −0.24
COOP Mr Cooper Group Inc. Sold out 0.00% −0.23
MSGS Madison Square Garden Sports Sold out 0.00% −0.23

Portfolio Buys Q2 2025 → Q3 2025
XLE SS Energy Select Sector Add +114.7% 1.20% +0.63
IYR iShares US Real Estate ETF New 0.61% +0.61
MCHP Microchip Technology Inc. New 0.45% +0.45
SBAC SBA Communications Corp. New 0.43% +0.43
REGN Regeneron Pharmaceuticals New 0.39% +0.39
SYK Stryker Corp. New 0.36% +0.36
BSX Boston Scientific Corp. New 0.34% +0.34
CGNX Cognex Corp. New 0.34% +0.34
KDP Keurig Dr Pepper Inc. New 0.34% +0.34
ADSK Autodesk Inc. New 0.33% +0.33
JEF Jefferies Financial Group Inc. New 0.33% +0.33
AMP Ameriprise Financial Inc. New 0.32% +0.32
TOST Toast Inc. Class A New 0.32% +0.32
GVA Granite Construction Inc. New 0.31% +0.31
FCX Freeport-McMoran Inc. New 0.31% +0.31
CLS Celestica Inc. New 0.30% +0.30
BBT Beacon Financial Corp. New 0.30% +0.30
TFC Truist Financial Corp. New 0.30% +0.30
MNDY Monday.com Ltd. New 0.29% +0.29
AFL Aflac Inc. New 0.29% +0.29
CDW CDW Corp. New 0.29% +0.29
FLS Flowserve Corp. New 0.28% +0.28
SPOT Spotify Technology SA New 0.28% +0.28
META Meta Platforms Inc. Class A New 0.28% +0.28
FHN First Horizon Corp. New 0.28% +0.28
MWA Mueller Water Products Inc. Class A New 0.28% +0.28
ATKR Atkore Inc. New 0.27% +0.27
CL Colgate-Palmolive Co. New 0.27% +0.27
AVGO Broadcom Inc. New 0.27% +0.27
ZION Zions Bancorp NA New 0.27% +0.27
WMT Walmart Inc. New 0.27% +0.27
GTES Gates Industrial Corp. UK Ltd. New 0.27% +0.27
HON Honeywell International Inc. New 0.26% +0.26
HAS Hasbro Inc. Add +381.7% 0.34% +0.26
KLIC Kulicke & Soffa Industries New 0.26% +0.26
AROC Archrock Inc. New 0.26% +0.26
OSK Oshkosh Corp. New 0.26% +0.26
TCOM Trip.com Group Ltd.-ADR New 0.25% +0.25
YOU Clear Secure Inc. Class A New 0.25% +0.25
ADI Analog Devices Inc. New 0.25% +0.25
NVS Novartis AG-Sponsored ADR New 0.25% +0.25
AMD Advanced Micro Devices New 0.25% +0.25
SLAB Silicon Laboratories Inc. New 0.25% +0.25
SIRI Sirius XM Holdings Inc. New 0.24% +0.24
ODD Oddity Tech Ltd. Class A New 0.24% +0.24
NUE Nucor Corp. New 0.24% +0.24
CPAY Corpay Inc. New 0.24% +0.24
THC Tenet Healthcare Corp. Add +538.6% 0.27% +0.23
CCK Crown Holdings Inc. New 0.23% +0.23
BKE The Buckle Inc. New 0.23% +0.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 891$603.3MXLF, BURL, IDXX, ORCL, SPXC
Q1 2026 856$571.6MXLE, CMI, SJM, C, GNRC
Q4 2025 867$647.9MXLF, SPY, IWM, ZBRA, BLK
Q3 2025 872$641.4MXLE, XLF, IYR, MCHP, SBAC
Q2 2025 813$600.2MXLF, RL, XLE, DT, MDB
Q1 2025 870$645.6MXLE, XLF, IYR, MRVL, MELI
Q4 2024 828$550.7MXLF, IYR, FCX, GLW, DVN
Q3 2024 761$449.4MSPY, IWM, GM, CI, PCG
Q2 2024 737$531.4MXLE, XLF, LDOS, HCA, IFF
Q1 2024 713$463.8MSPY, IWM, XLF, IYR, WDAY