Fox Run Management, L.L.C.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Fox Run Management, L.L.C. reported 867 stock positions worth $647.9 million. Its top holding was SS Financial Select Sector (XLF) at 1.5% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 1.0%) and iShares Russell 2000 ETF (IWM, 1.0%). Compared with Q3 2025, it opened 465 new positions, sold out of 470, added to 205 and reduced 197. The biggest buy was a new position in SS SPDR S&P 500 ETF Trust-US (SPY) and the biggest sale SS Energy Select Sector (XLE, shares −93%).
- Most Recent 13F
- Q2 2026
- Location
- GREENWICH, CT
- CIK
- 0001533457
- Portfolio Value
- $647.9M (Q4 2025)
- SEC Filing
- 0001420506-26-000280 ↗ filed Feb 11, 2026
Holdings Value
Holdings 867 stocks · $647.9M
| XLF SS Financial Select Sector | 1.45% | 171,600 | $9.4M | Add +114.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.03% | 9,807 | $6.7M | New |
| IWM iShares Russell 2000 ETF | 1.03% | 27,048 | $6.7M | New |
| ZBRA Zebra Technologies Corp. Class A | 0.47% | 12,412 | $3.0M | Add +60.2% |
| BLK BlackRock Inc. | 0.45% | 2,699 | $2.9M | New |
| RL Ralph Lauren Corp. | 0.43% | 7,800 | $2.8M | Add +517.6% |
| RBLX Roblox Corp. Class A | 0.41% | 32,935 | $2.7M | Add +1015.3% |
| WAB Wabtec Corp. | 0.41% | 12,432 | $2.7M | New |
| HUBS HubSpot Inc. | 0.40% | 6,435 | $2.6M | Add +28.6% |
| GRMN Garmin Ltd. | 0.38% | 12,259 | $2.5M | Add +370.4% |
| ROK Rockwell Automation Inc. | 0.38% | 6,368 | $2.5M | New |
| FROG Jfrog Ltd. | 0.38% | 39,488 | $2.5M | Add +36.9% |
| GDDY GoDaddy Inc. Class A | 0.38% | 19,673 | $2.4M | Add +40.0% |
| NOC Northrop Grumman Corp. | 0.37% | 4,209 | $2.4M | New |
| MSCI MSCI Inc. | 0.36% | 4,112 | $2.4M | New |
| ALGN Align Technology Inc. | 0.36% | 14,966 | $2.3M | Add +484.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.36% | 7,853 | $2.3M | New |
| DT Dynatrace Inc. | 0.36% | 53,422 | $2.3M | Add +98.4% |
| IR Ingersoll-Rand Inc. | 0.35% | 28,870 | $2.3M | Add +932.5% |
| BMY Bristol-Myers Squibb Co. | 0.35% | 42,032 | $2.3M | Add +60.8% |
| CBRE CBRE Group Inc. Class A | 0.35% | 13,924 | $2.2M | Add +96.7% |
| TTMI TTM Technologies | 0.34% | 32,096 | $2.2M | Reduce -3.7% |
| WFC Wells Fargo & Co. | 0.33% | 23,081 | $2.2M | Add +729.1% |
| MS Morgan Stanley | 0.33% | 11,913 | $2.1M | New |
| LMT Lockheed Martin Corp. | 0.33% | 4,369 | $2.1M | New |
| KEYS Keysight Technologies Inc. | 0.32% | 10,343 | $2.1M | New |
| EW Edwards Lifesciences Corp. | 0.32% | 24,308 | $2.1M | New |
| CGNX Cognex Corp. | 0.31% | 56,354 | $2.0M | Add +16.4% |
| A Agilent Technologies Inc. | 0.31% | 14,781 | $2.0M | Add +210.1% |
| TRP TC Energy Corp. | 0.31% | 36,224 | $2.0M | New |
| CPRI Capri Holdings Ltd. | 0.31% | 81,089 | $2.0M | Add +567.1% |
| FND Floor & Decor Holdings Inc. Class A | 0.30% | 32,365 | $2.0M | New |
| VAL Valaris Ltd. | 0.30% | 38,929 | $2.0M | Add +189.2% |
| JXN Jackson Financial Inc. Class A | 0.30% | 18,381 | $2.0M | Add +92.5% |
| MCD McDonald's Corp. | 0.29% | 6,231 | $1.9M | New |
| FLR Fluor Corp. | 0.29% | 47,633 | $1.9M | Add +222.1% |
| POR Portland General Electric Co. | 0.29% | 39,272 | $1.9M | New |
| ADSK Autodesk Inc. | 0.29% | 6,311 | $1.9M | Reduce -5.5% |
| HPQ HP Inc. | 0.29% | 83,401 | $1.9M | New |
| TEL Te Connectivity PLC | 0.29% | 8,164 | $1.9M | Add +103.0% |
| LEN Lennar Corp. Class A | 0.28% | 17,720 | $1.8M | New |
| COF Capital One Financial Corp. | 0.28% | 7,461 | $1.8M | Reduce -20.5% |
| MCHP Microchip Technology Inc. | 0.28% | 28,109 | $1.8M | Reduce -37.0% |
| PNW Pinnacle West Capital | 0.28% | 20,165 | $1.8M | New |
| KTB Kontoor Brands Inc. | 0.28% | 29,222 | $1.8M | New |
| LH Labcorp Holdings Inc. | 0.27% | 7,086 | $1.8M | New |
| USB US Bancorp | 0.27% | 33,077 | $1.8M | Add +91.9% |
| Z Zillow Group Inc. Class C | 0.26% | 25,049 | $1.7M | New |
| PODD Insulet Corp. | 0.26% | 5,977 | $1.7M | Reduce -22.0% |
| DGX Quest Diagnostics Inc. | 0.26% | 9,690 | $1.7M | New |
| CTSH Cognizant Tech Solutions-A | 0.26% | 20,241 | $1.7M | Add +129.4% |
| UNM Unum Group | 0.26% | 21,558 | $1.7M | Add +20.2% |
| ETN Eaton Corp. PLC | 0.26% | 5,208 | $1.7M | New |
| HAS Hasbro Inc. | 0.25% | 20,025 | $1.6M | Reduce -29.3% |
| VNO Vornado Realty Trust | 0.25% | 49,315 | $1.6M | Add +603.3% |
| FORM Formfactor Inc. | 0.25% | 29,207 | $1.6M | New |
| MTG Mgic Investment Corp. | 0.25% | 55,229 | $1.6M | New |
| EPRT Essential Properties Realty | 0.25% | 54,308 | $1.6M | New |
| SPG Simon Property Group Inc. | 0.25% | 8,695 | $1.6M | New |
| NBIX Neurocrine Biosciences Inc. | 0.25% | 11,320 | $1.6M | Add +14.5% |
| EXTR Extreme Networks Inc. | 0.25% | 95,884 | $1.6M | Reduce -5.9% |
| LAD Lithia Motors Inc. | 0.25% | 4,778 | $1.6M | Add +420.5% |
| IOT Samsara Inc. Class A | 0.24% | 44,714 | $1.6M | New |
| VEEV Veeva Systems Inc. Class A | 0.24% | 7,079 | $1.6M | Add +413.7% |
| FN Fabrinet | 0.24% | 3,441 | $1.6M | Add +10.0% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.24% | 23,031 | $1.6M | Add +15.9% |
| LOPE Grand Canyon Education Inc. | 0.24% | 9,315 | $1.5M | Add +148.0% |
| CHRD Chord Energy Corp. | 0.24% | 16,689 | $1.5M | Add +122.8% |
| LNG Cheniere Energy Inc. | 0.24% | 7,944 | $1.5M | Add +441.1% |
| PM Philip Morris International | 0.24% | 9,590 | $1.5M | Add +21.3% |
| CRUS Cirrus Logic Inc. | 0.24% | 12,859 | $1.5M | Add +205.7% |
| HCC Warrior Met Coal Inc. | 0.23% | 17,206 | $1.5M | New |
| VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC | 0.23% | 83,615 | $1.5M | Add +254.0% |
| KMPR Kemper Corp. | 0.23% | 37,334 | $1.5M | New |
| FIS Fidelity National Info Serv | 0.23% | 22,761 | $1.5M | New |
| MAN Manpowergroup Inc. | 0.23% | 50,754 | $1.5M | Add +163.0% |
| LCII Lci Industries | 0.23% | 12,283 | $1.5M | New |
| TER Teradyne Inc. | 0.23% | 7,694 | $1.5M | New |
| FRO Frontline PLC | 0.23% | 68,194 | $1.5M | New |
| DECK Deckers Outdoor Corp. | 0.23% | 14,348 | $1.5M | Reduce -18.9% |
| ESNT Essent Group Ltd. | 0.23% | 22,840 | $1.5M | New |
| AVY Avery Dennison Corp. | 0.23% | 8,157 | $1.5M | Add +379.0% |
| SOLV Solventum Corp. | 0.23% | 18,646 | $1.5M | Add +72.3% |
| ROKU Roku Inc. | 0.23% | 13,567 | $1.5M | New |
| BSX Boston Scientific Corp. | 0.23% | 15,423 | $1.5M | Reduce -31.8% |
| PRGS Progress Software Corp. | 0.23% | 34,219 | $1.5M | New |
| SITM Sitime Corp. | 0.23% | 4,137 | $1.5M | New |
| TNK Teekay Tankers Ltd. Class A | 0.23% | 27,332 | $1.5M | Add +42.6% |
| EXLS Exlservice Holdings Inc. | 0.22% | 34,295 | $1.5M | New |
| ITT Itt Inc. | 0.22% | 8,334 | $1.4M | Add +148.5% |
| CCEP Coca-Cola Europacific Partne | 0.22% | 15,767 | $1.4M | New |
| LBRT Liberty Energy Inc. | 0.22% | 76,815 | $1.4M | New |
| BBT Beacon Financial Corp. | 0.22% | 53,642 | $1.4M | Reduce -34.0% |
| VFC VF Corp. | 0.22% | 77,959 | $1.4M | New |
| SIRI Sirius XM Holdings Inc. | 0.22% | 70,074 | $1.4M | Add +6.0% |
| NDSN Nordson Corp. | 0.22% | 5,826 | $1.4M | Add +543.0% |
| OHI Omega Healthcare Investors | 0.22% | 31,500 | $1.4M | New |
| WELL Welltower Inc. | 0.22% | 7,520 | $1.4M | New |
| CNO Cno Financial Group Inc. | 0.21% | 32,770 | $1.4M | New |
| CALX Calix Inc. | 0.21% | 26,257 | $1.4M | Add +489.0% |
Portfolio Sells Q3 2025 → Q4 2025
| XLE SS Energy Select Sector | Reduce -92.7% | 0.09% | −1.12 |
| IYR iShares US Real Estate ETF | Sold out | 0.00% | −0.61 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.39 |
| SYK Stryker Corp. | Sold out | 0.00% | −0.36 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.35 |
| BJ Bj's Wholesale Club Holdings | Sold out | 0.00% | −0.34 |
| KDP Keurig Dr Pepper Inc. | Sold out | 0.00% | −0.34 |
| JEF Jefferies Financial Group Inc. | Sold out | 0.00% | −0.33 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.32 |
| GVA Granite Construction Inc. | Sold out | 0.00% | −0.31 |
| HEI Heico Corp. | Reduce -79.6% | 0.08% | −0.31 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.31 |
| EAT Brinker International Inc. | Reduce -78.8% | 0.09% | −0.29 |
| NTRA Natera Inc. | Sold out | 0.00% | −0.29 |
| AFL Aflac Inc. | Sold out | 0.00% | −0.29 |
| PCTY Paylocity Holding Corp. | Reduce -68.2% | 0.12% | −0.29 |
| CDW CDW Corp. | Sold out | 0.00% | −0.29 |
| OLLI Ollie's Bargain Outlet Holdi | Sold out | 0.00% | −0.28 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.28 |
| SFM Sprouts Farmers Market Inc. | Reduce -58.2% | 0.12% | −0.28 |
| FLS Flowserve Corp. | Sold out | 0.00% | −0.28 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.28 |
| THC Tenet Healthcare Corp. | Sold out | 0.00% | −0.27 |
| ATKR Atkore Inc. | Sold out | 0.00% | −0.27 |
| UPWK Upwork Inc. | Sold out | 0.00% | −0.27 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.27 |
| ZION Zions Bancorp NA | Sold out | 0.00% | −0.27 |
| GTES Gates Industrial Corp. UK Ltd. | Sold out | 0.00% | −0.27 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.26 |
| KVYO Klaviyo Inc. Class A | Sold out | 0.00% | −0.26 |
| AROC Archrock Inc. | Sold out | 0.00% | −0.26 |
| OSK Oshkosh Corp. | Sold out | 0.00% | −0.26 |
| SBAC SBA Communications Corp. | Reduce -59.0% | 0.17% | −0.26 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.25 |
| UL Unilever PLC | Sold out | 0.00% | −0.25 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.25 |
| YOU Clear Secure Inc. Class A | Sold out | 0.00% | −0.25 |
| CLH Clean Harbors Inc. | Reduce -72.8% | 0.09% | −0.25 |
| NVS Novartis AG-Sponsored ADR | Sold out | 0.00% | −0.25 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.25 |
| MWA Mueller Water Products Inc. Class A | Reduce -87.3% | 0.03% | −0.25 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −0.24 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.24 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.24 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.24 |
| MMS Maximus Inc. | Sold out | 0.00% | −0.23 |
| ONTO Onto Innovation Inc. | Sold out | 0.00% | −0.23 |
| DOX Amdocs Ltd. | Sold out | 0.00% | −0.23 |
| MANH Manhattan Associates Inc. | Sold out | 0.00% | −0.23 |
| TFC Truist Financial Corp. | Reduce -78.3% | 0.07% | −0.23 |
Portfolio Buys Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | New | 1.03% | +1.03 |
| IWM iShares Russell 2000 ETF | New | 1.03% | +1.03 |
| XLF SS Financial Select Sector | Add +114.5% | 1.45% | +0.78 |
| BLK BlackRock Inc. | New | 0.45% | +0.45 |
| WAB Wabtec Corp. | New | 0.41% | +0.41 |
| ROK Rockwell Automation Inc. | New | 0.38% | +0.38 |
| NOC Northrop Grumman Corp. | New | 0.37% | +0.37 |
| MSCI MSCI Inc. | New | 0.36% | +0.36 |
| RL Ralph Lauren Corp. | Add +517.6% | 0.43% | +0.36 |
| IBM Intl Business Machines Corp. | New | 0.36% | +0.36 |
| RBLX Roblox Corp. Class A | Add +1015.3% | 0.41% | +0.35 |
| MS Morgan Stanley | New | 0.33% | +0.33 |
| LMT Lockheed Martin Corp. | New | 0.33% | +0.33 |
| KEYS Keysight Technologies Inc. | New | 0.32% | +0.32 |
| EW Edwards Lifesciences Corp. | New | 0.32% | +0.32 |
| IR Ingersoll-Rand Inc. | Add +932.5% | 0.35% | +0.32 |
| ALGN Align Technology Inc. | Add +484.6% | 0.36% | +0.31 |
| TRP TC Energy Corp. | New | 0.31% | +0.31 |
| FND Floor & Decor Holdings Inc. Class A | New | 0.30% | +0.30 |
| WFC Wells Fargo & Co. | Add +729.1% | 0.33% | +0.30 |
| MCD McDonald's Corp. | New | 0.29% | +0.29 |
| POR Portland General Electric Co. | New | 0.29% | +0.29 |
| HPQ HP Inc. | New | 0.29% | +0.29 |
| GRMN Garmin Ltd. | Add +370.4% | 0.38% | +0.28 |
| LEN Lennar Corp. Class A | New | 0.28% | +0.28 |
| PNW Pinnacle West Capital | New | 0.28% | +0.28 |
| KTB Kontoor Brands Inc. | New | 0.28% | +0.28 |
| LH Labcorp Holdings Inc. | New | 0.27% | +0.27 |
| CPRI Capri Holdings Ltd. | Add +567.1% | 0.31% | +0.27 |
| Z Zillow Group Inc. Class C | New | 0.26% | +0.26 |
| DGX Quest Diagnostics Inc. | New | 0.26% | +0.26 |
| ETN Eaton Corp. PLC | New | 0.26% | +0.26 |
| FORM Formfactor Inc. | New | 0.25% | +0.25 |
| MTG Mgic Investment Corp. | New | 0.25% | +0.25 |
| EPRT Essential Properties Realty | New | 0.25% | +0.25 |
| SPG Simon Property Group Inc. | New | 0.25% | +0.25 |
| IOT Samsara Inc. Class A | New | 0.24% | +0.24 |
| HCC Warrior Met Coal Inc. | New | 0.23% | +0.23 |
| KMPR Kemper Corp. | New | 0.23% | +0.23 |
| FIS Fidelity National Info Serv | New | 0.23% | +0.23 |
| LCII Lci Industries | New | 0.23% | +0.23 |
| TER Teradyne Inc. | New | 0.23% | +0.23 |
| FRO Frontline PLC | New | 0.23% | +0.23 |
| ESNT Essent Group Ltd. | New | 0.23% | +0.23 |
| ROKU Roku Inc. | New | 0.23% | +0.23 |
| PRGS Progress Software Corp. | New | 0.23% | +0.23 |
| SITM Sitime Corp. | New | 0.23% | +0.23 |
| EXLS Exlservice Holdings Inc. | New | 0.22% | +0.22 |
| CCEP Coca-Cola Europacific Partne | New | 0.22% | +0.22 |
| LBRT Liberty Energy Inc. | New | 0.22% | +0.22 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 891 | $603.3M | XLF, BURL, IDXX, ORCL, SPXC |
| Q1 2026 | 856 | $571.6M | XLE, CMI, SJM, C, GNRC |
| Q4 2025 | 867 | $647.9M | XLF, SPY, IWM, ZBRA, BLK |
| Q3 2025 | 872 | $641.4M | XLE, XLF, IYR, MCHP, SBAC |
| Q2 2025 | 813 | $600.2M | XLF, RL, XLE, DT, MDB |
| Q1 2025 | 870 | $645.6M | XLE, XLF, IYR, MRVL, MELI |
| Q4 2024 | 828 | $550.7M | XLF, IYR, FCX, GLW, DVN |
| Q3 2024 | 761 | $449.4M | SPY, IWM, GM, CI, PCG |
| Q2 2024 | 737 | $531.4M | XLE, XLF, LDOS, HCA, IFF |
| Q1 2024 | 713 | $463.8M | SPY, IWM, XLF, IYR, WDAY |