Longboard Asset Management, LP

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Longboard Asset Management, LP reported 150 stock positions worth $34.1 million. Its top holding was Arthur J Gallagher (AJG) at 0.9% of the portfolio, followed by Progressive (PGR, 0.9%) and Brown & Brown (BRO, 0.9%). Compared with Q4 2024, it opened 38 new positions and sold out of 60. The biggest buy was a new position in Cencora (COR) and the biggest sale an exit from Boston Scientific (BSX).

Most Recent 13F
Q2 2026
Location
PHOENIX, AZ
CIK
0002045792
Portfolio Value
$34.1M (Q1 2025)
SEC Filing
0002045792-25-000003 ↗ filed Apr 23, 2025

Holdings Value

0$20.0M$40.0M$60.0M$80.0M Q4 2024: $37.8M Q4 2024 Q1 2025: $34.1M $34.1M Q1 2025 Q2 2025: $40.2M Q2 2025 Q3 2025: $61.9M Q3 2025 Q4 2025: $15.7M Q4 2025 Q1 2026: $5.8M Q1 2026 Q2 2026: $6.0M Q2 2026

Holdings 150 stocks · $34.1M
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.94% 924 $319K No change
PGR Progressive Corp. 0.91% 1,090 $308K No change
BRO Brown & Brown Inc. 0.89% 2,434 $303K No change
FISV Fiserv Inc. 0.87% 1,334 $295K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.86% 3,474 $291K No change
T AT&T Inc. 0.85% 10,254 $290K No change
NI Nisource Inc. 0.85% 7,200 $289K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.84% 2,359 $287K No change
AM Antero Midstream Corp. 0.84% 15,931 $287K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.83% 3,960 $282K No change
MO Altria Group Inc. 0.82% 4,667 $280K No change
ORI Old Republic Intl Corp. 0.80% 6,985 $274K No change
FOXA Fox Corp. Class A 0.79% 4,775 $270K No change
ALL Allstate Corp. 0.79% 1,301 $269K No change
ETR Entergy Corp. 0.79% 3,150 $269K No change
ICE Intercontinental Exchange Inc. 0.79% 1,561 $269K No change
RSG Republic Services Inc. 0.78% 1,103 $267K No change
WTW Willis Towers Watson PLC 0.78% 782 $264K No change
PPL PPL Corp. 0.77% 7,247 $262K No change
CME Cme Group Inc. 0.77% 984 $261K No change
MSI Motorola Solutions Inc. 0.77% 596 $261K No change
AIG American International Group 0.76% 2,987 $260K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.76% 1,044 $260K No change
ATO Atmos Energy Corp. 0.76% 1,678 $259K No change
TW Tradeweb Markets Inc. Class A 0.76% 1,733 $257K No change
RBA RB Global Inc. 0.76% 2,564 $257K No change
HIG Hartford Insurance Group Inc. 0.75% 2,073 $256K No change
DUK Duke Energy Corp. 0.75% 2,101 $256K No change
AFL Aflac Inc. 0.75% 2,302 $256K No change
CASY Casey's General Stores Inc. 0.74% 583 $253K No change
GHC Graham Holdings Co. Class B 0.74% 262 $252K No change
L Loews Corp. 0.74% 2,733 $251K No change
SEIC Sei Investments Company 0.74% 3,235 $251K No change
MRSH Marsh & McLennan Cos 0.74% 1,028 $251K No change
AON Aon PLC Class A 0.73% 624 $249K No change
MCO Moody's Corp. 0.73% 534 $249K No change
BR Broadridge Financial Solutio 0.73% 1,022 $248K No change
GILD Gilead Sciences Inc. 0.73% 2,205 $247K No change
RGA Reinsurance Group of America 0.72% 1,241 $244K No change
LOPE Grand Canyon Education Inc. 0.71% 1,395 $241K No change
WAB Wabtec Corp. 0.71% 1,327 $241K No change
EQH Equitable Holdings Inc. 0.70% 4,608 $240K No change
CB Chubb Ltd. 0.70% 794 $240K No change
GEN Gen Digital Inc. 0.70% 9,011 $239K No change
YUM Yum! Brands Inc. 0.70% 1,519 $239K No change
COR Cencora Inc. 0.70% 859 $239K New
AWI Armstrong World Industries 0.70% 1,695 $239K No change
WEC WEC Energy Group Inc. 0.70% 2,177 $237K No change
SO The Southern Co. 0.69% 2,573 $237K No change
SNEX Stonex Group Inc. 0.69% 3,096 $236K No change
POST Post Holdings Inc. filed as POST HLDGS INC 0.69% 2,031 $236K No change
PH Parker Hannifin Corp. 0.69% 388 $236K No change
VRSK Verisk Analytics Inc. 0.69% 790 $235K No change
COOP Mr Cooper Group Inc. 0.69% 1,963 $235K New
EVRG Evergy Inc. 0.69% 3,396 $234K New
OTIS Otis Worldwide Corp. 0.69% 2,261 $233K No change
CWST Casella Waste Systems Inc. Class A 0.68% 2,086 $233K No change
CBOE Cboe Global Markets Inc. 0.68% 1,022 $231K New
ADC Agree Realty Corp. 0.68% 2,990 $231K No change
DTE DTE Energy Company 0.68% 1,666 $230K No change
LNG Cheniere Energy Inc. 0.68% 995 $230K No change
CAH Cardinal Health Inc. 0.67% 1,667 $230K New
AIZ Assurant Inc. 0.67% 1,088 $228K No change
PNW Pinnacle West Capital 0.67% 2,387 $227K No change
TXRH Texas Roadhouse Inc. 0.67% 1,361 $227K No change
LNT Alliant Energy Corp. 0.67% 3,522 $227K No change
IDA Idacorp Inc. 0.67% 1,949 $227K No change
DX Dynex Capital Inc. 0.66% 17,390 $226K No change
SPGI S&P Global Inc. 0.66% 445 $226K No change
OGE Oge Energy Corp. 0.66% 4,913 $226K No change
WM Waste Management Inc. 0.66% 974 $225K New
MET Metlife Inc. 0.66% 2,800 $225K No change
CMS CMS Energy Corp. 0.66% 2,982 $224K New
SBRA Sabra Health Care REIT Inc. 0.66% 12,806 $224K No change
ECL Ecolab Inc. 0.66% 882 $224K No change
SPNT Siriuspoint Ltd. 0.66% 12,931 $224K No change
WSR Whitestone REIT 0.66% 15,319 $223K No change
IVT Inventrust Properties Corp. 0.65% 7,572 $222K No change
FNF Fidelity National Financial 0.65% 3,410 $222K New
NWE Northwestern Energy Group Inc. 0.65% 3,833 $222K No change
PBH Prestige Consumer Healthcare 0.65% 2,571 $221K No change
PEG Public Service Enterprise GP 0.65% 2,669 $220K No change
MMSI Merit Medical Systems Inc. 0.64% 2,075 $219K No change
HON Honeywell International Inc. 0.64% 1,035 $219K No change
VTR Ventas Inc. 0.64% 3,165 $218K New
APH Amphenol Corp. Class A 0.64% 3,302 $217K No change
NFG National Fuel Gas Co. 0.63% 2,725 $216K New
AEE Ameren Corporation 0.63% 2,147 $216K New
DRS Leonardo DRS Inc. 0.63% 6,548 $215K No change
AGNC AGNC Investment Corp. 0.63% 22,288 $214K New
RITM Rithm Capital Corp. 0.63% 18,592 $213K No change
RBC RBC Bearings Inc. 0.62% 661 $213K New
GATX Gatx Corp. 0.62% 1,369 $213K No change
R Ryder System Inc. 0.62% 1,476 $212K No change
PAYX Paychex Inc. 0.62% 1,375 $212K New
GLW Corning Inc. 0.62% 4,630 $212K No change
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.62% 2,106 $212K New
BRX Brixmor Property Group Inc. 0.62% 7,974 $212K No change
CHD Church & Dwight Co. Inc. 0.62% 1,923 $212K No change
TDY Teledyne Technologies Inc. 0.62% 425 $212K New
SPG Simon Property Group Inc. 0.62% 1,273 $211K No change
RPM RPM International Inc. 0.62% 1,825 $211K No change
USFD US Foods Holding Corp. 0.62% 3,225 $211K No change
TDG Transdigm Group Inc. 0.62% 152 $210K New
NLY Annaly Capital Management Inc. 0.62% 10,350 $210K New
ROL Rollins Inc. 0.62% 3,885 $210K New
HEI.A Heico Corp. Class A 0.61% 991 $209K New
CHCO City Holding Co. filed as CITY HLDG CO 0.61% 1,778 $209K No change
FCPT Four Corners Property Trust 0.61% 7,275 $209K New
KMB Kimberly-Clark Corp. 0.61% 1,462 $208K New
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 0.61% 10,758 $208K No change
BLX Bladex Inc. filed as Banco Latinoamericano de Comercio Exterior SA 0.61% 5,665 $207K No change
NDAQ Nasdaq Inc. 0.61% 2,733 $207K No change
SNA Snap-on Inc. 0.61% 615 $207K No change
CNA Cna Financial Corp. 0.61% 4,071 $207K New
REG Regency Centers Corp. 0.61% 2,803 $207K No change
SSNC Ss&c Technologies Holdings 0.61% 2,472 $206K New
EHC Encompass Health Corp. 0.61% 2,036 $206K New
EPR Epr Properties filed as EPR PPTYS 0.61% 3,919 $206K New
EMR Emerson Electric Co. 0.61% 1,880 $206K No change
HURN Huron Consulting Group Inc. 0.60% 1,436 $206K New
WSO Watsco Inc. 0.60% 405 $206K New
DRI Darden Restaurants Inc. 0.60% 989 $205K New
BBSI Barrett Business SVCS Inc. 0.60% 4,984 $205K No change
ITW Illinois Tool Works 0.60% 825 $205K No change
SYK Stryker Corp. 0.60% 549 $204K New
ACT Enact Holdings Inc. 0.60% 5,877 $204K New
EPRT Essential Properties Realty 0.60% 6,241 $204K New
AEP American Electric Power 0.60% 1,862 $203K New
XEL Xcel Energy Inc. 0.60% 2,872 $203K New
ENVA Enova International Inc. 0.60% 2,104 $203K No change
VCTR Victory Capital Holding - A 0.60% 3,507 $203K No change
ED Consolidated Edison Inc. 0.59% 1,824 $202K New
OHI Omega Healthcare Investors 0.59% 5,293 $202K No change
CBL CBL & Associates Properties 0.59% 7,572 $201K No change
FE Firstenergy Corp. 0.59% 4,979 $201K New
RL Ralph Lauren Corp. 0.59% 911 $201K No change
DOV Dover Corp. 0.59% 1,143 $201K No change
VRSN Verisign Inc. 0.59% 789 $200K New
EFC Ellington Financial Inc. 0.58% 14,799 $196K No change
PMT Pennymac Mortgage Investment 0.55% 12,684 $186K No change
GCMG GCM Grosvenor Inc. Class A 0.53% 13,567 $179K No change
FBRT Franklin BSP Realty Trust Inc. 0.52% 13,860 $177K No change
MIR Mirion Technologies Inc. 0.49% 11,594 $168K No change
LADR Ladder Capital Corp.-REIT 0.48% 14,330 $164K No change
FCF First Commonwealth Finl Corp. 0.47% 10,347 $161K No change
HBAN Huntington Bancshares Inc. 0.46% 10,503 $158K No change
RPC Ridgepost Capital Inc. Class A filed as P10 INC 0.44% 12,865 $151K New
FNB FNB Corp. 0.40% 10,220 $137K No change
NWBI Northwest Bancshares Inc. 0.38% 10,717 $129K No change

Portfolio Sells Q4 2024 → Q1 2025
BSX Boston Scientific Corp. Sold out 0.00% −0.79
WELL Welltower Inc. Sold out 0.00% −0.74
UNM Unum Group Sold out 0.00% −0.73
PKG Packaging Corp. of America Sold out 0.00% −0.71
TT Trane Technologies PLC Sold out 0.00% −0.68
AXP American Express Co. Sold out 0.00% −0.68
ISRG Intuitive Surgical Inc. Sold out 0.00% −0.66
EXEL Exelixis Inc. Sold out 0.00% −0.65
RJF Raymond James Financial Inc. Sold out 0.00% −0.65
ROST Ross Stores Inc. Sold out 0.00% −0.65
RCL Royal Caribbean Cruises Ltd. Sold out 0.00% −0.64
HLT Hilton Worldwide Holdings Inc. Sold out 0.00% −0.64
HEI Heico Corp. Sold out 0.00% −0.64
APO Apollo Global Management Inc. Sold out 0.00% −0.63
PWR Quanta Services Inc. Sold out 0.00% −0.62
KKR KKR & Co. Inc. Sold out 0.00% −0.62
AMP Ameriprise Financial Inc. Sold out 0.00% −0.61
LRN Stride Inc. Sold out 0.00% −0.60
CLH Clean Harbors Inc. Sold out 0.00% −0.60
ATR Aptargroup Inc. Sold out 0.00% −0.59
GVA Granite Construction Inc. Sold out 0.00% −0.59
EAT Brinker International Inc. Sold out 0.00% −0.58
RLI Rli Corp. Sold out 0.00% −0.58
MUSA Murphy USA Inc. Sold out 0.00% −0.57
DXPE DXP Enterprises Inc. Sold out 0.00% −0.57
MORN Morningstar Inc. Sold out 0.00% −0.57
AKR Acadia Realty Trust Sold out 0.00% −0.56
HNI Hni Corp. Sold out 0.00% −0.56
SRE Sempra Sold out 0.00% −0.56
CNX CNX Resources Corp. Sold out 0.00% −0.56
HWKN Hawkins Inc. Sold out 0.00% −0.56
ARMK Aramark Sold out 0.00% −0.56
GWW WW Grainger Inc. Sold out 0.00% −0.56
PNR Pentair PLC Sold out 0.00% −0.55
IT Gartner Inc. Sold out 0.00% −0.55
OSW Onespaworld Holdings Ltd. Sold out 0.00% −0.55
PRIM Primoris Services Corp. Sold out 0.00% −0.55
HLI Houlihan Lokey Inc. Sold out 0.00% −0.55
KNF Knife River Corp. Sold out 0.00% −0.55
HCKT The Hackett Group Inc. Sold out 0.00% −0.55
AVT Avnet Inc. Sold out 0.00% −0.55
ACM Aecom Sold out 0.00% −0.55
ROAD Construction Partners Inc. Class A Sold out 0.00% −0.54
BLK BlackRock Inc. Sold out 0.00% −0.54
SKX Skechers USA Inc. Class A Sold out 0.00% −0.54
GEO The Geo Group Inc. Sold out 0.00% −0.54
PCG P G & E Corp. Sold out 0.00% −0.54
AXTA Axalta Coating Systems Ltd. Sold out 0.00% −0.54
MAR Marriott International Class A Sold out 0.00% −0.53
EIX Edison International Sold out 0.00% −0.53

Portfolio Buys Q4 2024 → Q1 2025
COR Cencora Inc. New 0.70% +0.70
COOP Mr Cooper Group Inc. New 0.69% +0.69
EVRG Evergy Inc. New 0.69% +0.69
CBOE Cboe Global Markets Inc. New 0.68% +0.68
CAH Cardinal Health Inc. New 0.67% +0.67
WM Waste Management Inc. New 0.66% +0.66
CMS CMS Energy Corp. New 0.66% +0.66
FNF Fidelity National Financial New 0.65% +0.65
VTR Ventas Inc. New 0.64% +0.64
NFG National Fuel Gas Co. New 0.63% +0.63
AEE Ameren Corporation New 0.63% +0.63
AGNC AGNC Investment Corp. New 0.63% +0.63
RBC RBC Bearings Inc. New 0.62% +0.62
PAYX Paychex Inc. New 0.62% +0.62
CVSA Covista Inc. New 0.62% +0.62
TDY Teledyne Technologies Inc. New 0.62% +0.62
TDG Transdigm Group Inc. New 0.62% +0.62
NLY Annaly Capital Management Inc. New 0.62% +0.62
ROL Rollins Inc. New 0.62% +0.62
HEI.A Heico Corp. Class A New 0.61% +0.61
FCPT Four Corners Property Trust New 0.61% +0.61
KMB Kimberly-Clark Corp. New 0.61% +0.61
CNA Cna Financial Corp. New 0.61% +0.61
SSNC Ss&c Technologies Holdings New 0.61% +0.61
EPR Epr Properties New 0.61% +0.61
EHC Encompass Health Corp. New 0.61% +0.61
HURN Huron Consulting Group Inc. New 0.60% +0.60
WSO Watsco Inc. New 0.60% +0.60
DRI Darden Restaurants Inc. New 0.60% +0.60
SYK Stryker Corp. New 0.60% +0.60
ACT Enact Holdings Inc. New 0.60% +0.60
EPRT Essential Properties Realty New 0.60% +0.60
AEP American Electric Power New 0.60% +0.60
XEL Xcel Energy Inc. New 0.60% +0.60
ED Consolidated Edison Inc. New 0.59% +0.59
FE Firstenergy Corp. New 0.59% +0.59
VRSN Verisign Inc. New 0.59% +0.59
RPC Ridgepost Capital Inc. Class A New 0.44% +0.44

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 28$6.0MAFL, LNT, IVT, SO, CNP
Q1 2026 28$5.8MLNT, AFL, FE, WEC, SO
Q4 2025 71$15.7ML, HIG, ATO, NSC, LHX
Q3 2025 262$61.9MBNY, TJX, STWD, CASY, ALLE
Q2 2025 168$40.2MADP, BSX, STWD, PECO, BNY
Q1 2025 150$34.1MAJG, PGR, BRO, FISV, BNY
Q4 2024 172$37.8MBSX, TJX, WELL, UNM, MSI