Longboard Asset Management, LP

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 10, 2025), Longboard Asset Management, LP reported 168 stock positions worth $40.2 million. Its top holding was Automatic Data Processing (ADP) at 0.9% of the portfolio, followed by Boston Scientific (BSX, 0.9%) and Starwood Property Trust (STWD, 0.9%). Compared with Q1 2025, it opened 76 new positions, sold out of 58 and added to 2. The biggest buy was a new position in Automatic Data Processing (ADP) and the biggest sale an exit from Brown & Brown (BRO).

Most Recent 13F
Q2 2026
Location
PHOENIX, AZ
CIK
0002045792
Portfolio Value
$40.2M (Q2 2025)
SEC Filing
0002045792-25-000005 ↗ filed Jul 10, 2025

Holdings Value

0$20.0M$40.0M$60.0M$80.0M Q4 2024: $37.8M Q4 2024 Q1 2025: $34.1M Q1 2025 Q2 2025: $40.2M $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 168 stocks · $40.2M
ADP Automatic Data Processing 0.91% 1,182 $365K New
BSX Boston Scientific Corp. 0.89% 3,328 $357K New
STWD Starwood Property Trust Inc. 0.87% 17,349 $348K New
PECO Phillips Edison & Company Inc. 0.79% 9,055 $317K New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.79% 3,474 $317K No change
BATRK Atlanta Braves Holdings in-C 0.78% 6,744 $315K New
ROP Roper Technologies Inc. 0.78% 554 $314K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.76% 1,044 $308K No change
AM Antero Midstream Corp. 0.75% 15,931 $302K No change
CASY Casey's General Stores Inc. 0.74% 583 $297K No change
T AT&T Inc. 0.74% 10,254 $297K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.74% 924 $296K No change
SEIC Sei Investments Company 0.73% 3,270 $294K Add +1.1%
TTMI TTM Technologies 0.73% 7,187 $293K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.72% 2,359 $291K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.72% 3,960 $291K No change
PGR Progressive Corp. 0.72% 1,090 $291K No change
NI Nisource Inc. 0.72% 7,200 $290K No change
NYT New York Times Co. Class A 0.72% 5,180 $290K New
TRV The Travelers Cos Inc. 0.71% 1,074 $287K New
MNST Monster Beverage Corp. 0.71% 4,584 $287K New
C Citigroup Inc. 0.71% 3,373 $287K New
ICE Intercontinental Exchange Inc. 0.71% 1,561 $286K No change
CAH Cardinal Health Inc. 0.70% 1,667 $280K No change
BOX Box Inc. Class A 0.69% 8,096 $277K New
PRDO Perdoceo Education Corp. 0.69% 8,452 $276K New
STT State Street Corp. 0.69% 2,594 $276K New
MO Altria Group Inc. 0.68% 4,667 $274K No change
GS Goldman Sachs Group Inc. 0.68% 386 $273K New
SPOT Spotify Technology SA 0.68% 356 $273K New
RBA RB Global Inc. 0.68% 2,564 $272K No change
FWONA Liberty Media Corp. Class A 0.68% 2,867 $272K New
RSG Republic Services Inc. 0.68% 1,103 $272K No change
CME Cme Group Inc. 0.67% 984 $271K No change
NEU Newmarket Corp. 0.67% 389 $269K New
ORI Old Republic Intl Corp. 0.67% 6,985 $269K No change
FOXA Fox Corp. Class A 0.67% 4,775 $268K No change
ARMK Aramark 0.66% 6,349 $266K New
SPNT Siriuspoint Ltd. 0.66% 12,931 $264K No change
LOPE Grand Canyon Education Inc. 0.66% 1,395 $264K No change
HIG Hartford Insurance Group Inc. 0.65% 2,073 $263K No change
ALL Allstate Corp. 0.65% 1,301 $262K No change
ETR Entergy Corp. 0.65% 3,150 $262K No change
HWM Howmet Aerospace Inc. 0.65% 1,405 $262K New
ATO Atmos Energy Corp. 0.64% 1,678 $259K No change
EQH Equitable Holdings Inc. 0.64% 4,608 $259K No change
RBLX Roblox Corp. Class A 0.64% 2,457 $258K New
COR Cencora Inc. 0.64% 859 $258K No change
HEI Heico Corp. 0.64% 785 $257K New
HEI.A Heico Corp. Class A 0.64% 991 $256K No change
AIG American International Group 0.64% 2,987 $256K No change
ITRI Itron Inc. 0.63% 1,940 $255K New
RBC RBC Bearings Inc. 0.63% 661 $254K No change
TW Tradeweb Markets Inc. Class A 0.63% 1,733 $254K No change
PSTL Postal Realty Trust Inc. Class A 0.63% 17,143 $253K New
L Loews Corp. 0.62% 2,733 $251K No change
EHC Encompass Health Corp. 0.62% 2,036 $250K No change
MIR Mirion Technologies Inc. 0.62% 11,594 $250K No change
BR Broadridge Financial Solutio 0.62% 1,022 $248K No change
USFD US Foods Holding Corp. 0.62% 3,225 $248K No change
DUK Duke Energy Corp. 0.62% 2,101 $248K No change
GHC Graham Holdings Co. Class B 0.62% 262 $248K No change
NDAQ Nasdaq Inc. 0.61% 2,753 $246K Add +0.7%
VRSK Verisk Analytics Inc. 0.61% 790 $246K No change
ROAD Construction Partners Inc. Class A 0.61% 2,312 $246K New
PPL PPL Corp. 0.61% 7,247 $246K No change
HWKN Hawkins Inc. 0.61% 1,726 $245K New
GILD Gilead Sciences Inc. 0.61% 2,205 $244K No change
AFL Aflac Inc. 0.60% 2,302 $243K No change
LNG Cheniere Energy Inc. 0.60% 995 $242K No change
CWST Casella Waste Systems Inc. Class A 0.60% 2,086 $241K No change
FWONK Liberty Media Corp. Class C 0.60% 2,302 $241K New
WTW Willis Towers Watson PLC 0.60% 782 $240K No change
CTAS Cintas Corp. 0.59% 1,074 $239K New
CSV Carriage Services Inc. 0.59% 5,224 $239K New
CBOE Cboe Global Markets Inc. 0.59% 1,022 $238K No change
ECL Ecolab Inc. 0.59% 882 $238K No change
NTRS Northern Trust Corp. 0.59% 1,871 $237K New
TPB Turning Point Brands Inc. 0.59% 3,119 $236K New
SO The Southern Co. 0.59% 2,573 $236K No change
SBRA Sabra Health Care REIT Inc. 0.59% 12,806 $236K No change
ENVA Enova International Inc. 0.58% 2,104 $235K No change
SPR Spirit Aerosystems Hold Class A 0.58% 6,142 $234K New
EVRG Evergy Inc. 0.58% 3,396 $234K No change
CCK Crown Holdings Inc. 0.58% 2,263 $233K New
ESQ Esquire Financial Holdings I 0.58% 2,458 $233K New
OGS One Gas Inc. 0.58% 3,222 $232K New
TDG Transdigm Group Inc. 0.57% 152 $231K No change
NFG National Fuel Gas Co. 0.57% 2,725 $231K No change
APG Api Group Corp. 0.57% 4,507 $230K New
CB Chubb Ltd. 0.57% 794 $230K No change
EPR Epr Properties filed as EPR PPTYS 0.57% 3,919 $228K No change
GE General Electric filed as GE AEROSPACE 0.57% 887 $228K New
BLX Bladex Inc. filed as Banco Latinoamericano de Comercio Exterior SA 0.57% 5,665 $228K No change
VRSN Verisign Inc. 0.57% 789 $228K No change
WEC WEC Energy Group Inc. 0.56% 2,177 $227K No change
FCFS Firstcash Holdings Inc. 0.56% 1,678 $227K New
FSS Federal Signal Corp. 0.56% 2,127 $226K New
SENEA Seneca Foods Corp. Class A 0.56% 2,223 $225K New
YUM Yum! Brands Inc. 0.56% 1,519 $225K No change
IDA Idacorp Inc. 0.56% 1,949 $225K No change
MRSH Marsh & McLennan Cos 0.56% 1,028 $225K No change
PEG Public Service Enterprise GP 0.56% 2,669 $225K No change
INTU Intuit Inc. 0.56% 285 $224K New
OTIS Otis Worldwide Corp. 0.56% 2,261 $224K No change
VCTR Victory Capital Holding - A 0.55% 3,507 $223K No change
WM Waste Management Inc. 0.55% 974 $223K No change
DASH DoorDash Inc. Class A 0.55% 902 $222K New
ATRO Astronics Corp. 0.55% 6,633 $222K New
POST Post Holdings Inc. filed as POST HLDGS INC 0.55% 2,031 $221K No change
REVG Rev Group Inc. 0.55% 4,649 $221K New
DTE DTE Energy Company 0.55% 1,666 $221K No change
CW Curtiss-Wright Corp. 0.55% 451 $220K New
JCI Johnson Controls Internation 0.55% 2,081 $220K New
ROL Rollins Inc. 0.54% 3,885 $219K No change
MTG Mgic Investment Corp. 0.54% 7,856 $219K New
TTWO Take-Two Interactive Softwre 0.54% 900 $219K New
ADC Agree Realty Corp. 0.54% 2,990 $218K No change
ACT Enact Holdings Inc. 0.54% 5,877 $218K No change
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.54% 5,171 $218K New
OGE Oge Energy Corp. 0.54% 4,913 $218K No change
TDY Teledyne Technologies Inc. 0.54% 425 $218K No change
CHCO City Holding Co. filed as CITY HLDG CO 0.54% 1,778 $218K No change
IDT Idt Corp. Class B 0.54% 3,182 $217K New
SYK Stryker Corp. 0.54% 549 $217K No change
DRI Darden Restaurants Inc. 0.54% 989 $216K No change
COF Capital One Financial Corp. 0.53% 1,009 $215K New
UTI Universal Technical Institut 0.53% 6,312 $214K New
PNW Pinnacle West Capital 0.53% 2,387 $214K No change
LNT Alliant Energy Corp. 0.53% 3,522 $213K No change
GWRE Guidewire Software Inc. 0.53% 898 $211K New
ZS Zscaler Inc. 0.52% 671 $211K New
GATX Gatx Corp. 0.52% 1,369 $210K No change
NTB Bank of N.T. Butterfield&son 0.52% 4,742 $210K New
AVA Avista Corp. 0.52% 5,506 $209K New
CPNG Coupang Inc. 0.52% 6,938 $208K New
BBSI Barrett Business SVCS Inc. 0.52% 4,984 $208K No change
TKO Tko Group Holdings Inc. 0.52% 1,141 $208K New
IVT Inventrust Properties Corp. 0.52% 7,572 $207K No change
SLM SLM Corp. 0.52% 6,325 $207K New
KTOS Kratos Defense & Security 0.52% 4,463 $207K New
CMS CMS Energy Corp. 0.51% 2,982 $207K No change
AEE Ameren Corporation 0.51% 2,147 $206K No change
NOC Northrop Grumman Corp. 0.51% 412 $206K New
INSM Insmed Inc. 0.51% 2,041 $205K New
PBH Prestige Consumer Healthcare 0.51% 2,571 $205K No change
GPI Group 1 Automotive Inc. 0.51% 467 $204K New
WDC Western Digital Corp. 0.51% 3,185 $204K New
WWD Woodward Inc. 0.51% 830 $203K New
BJRI Bj's Restaurants Inc. 0.51% 4,558 $203K New
CNP Centerpoint Energy Inc. 0.50% 5,516 $203K New
FAST Fastenal Co. 0.50% 4,824 $203K New
TT Trane Technologies PLC 0.50% 461 $202K New
SXT Sensient Technologies Corp. 0.50% 2,045 $201K New
LH Labcorp Holdings Inc. 0.50% 767 $201K New
BWXT BWX Technologies Inc. 0.50% 1,394 $201K New
JBL Jabil Inc. 0.50% 920 $201K New
FE Firstenergy Corp. 0.50% 4,979 $200K No change
PAYX Paychex Inc. 0.50% 1,375 $200K No change
EFC Ellington Financial Inc. 0.48% 14,799 $192K No change
SGHC Super Group SGHC Ltd. 0.46% 16,989 $186K New
DHT DHT Holdings Inc. 0.46% 17,226 $186K New
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 0.46% 10,758 $186K No change
PMT Pennymac Mortgage Investment 0.41% 12,684 $163K No change
GCMG GCM Grosvenor Inc. Class A 0.39% 13,567 $157K No change
LADR Ladder Capital Corp.-REIT 0.38% 14,330 $154K No change
OOMA Ooma Inc. 0.37% 11,432 $147K New
NWBI Northwest Bancshares Inc. 0.34% 10,717 $137K No change

Portfolio Sells Q1 2025 → Q2 2025
BRO Brown & Brown Inc. Sold out 0.00% −0.89
FISV Fiserv Inc. Sold out 0.00% −0.87
MSI Motorola Solutions Inc. Sold out 0.00% −0.77
AON Aon PLC Class A Sold out 0.00% −0.73
MCO Moody's Corp. Sold out 0.00% −0.73
RGA Reinsurance Group of America Sold out 0.00% −0.72
WAB Wabtec Corp. Sold out 0.00% −0.71
GEN Gen Digital Inc. Sold out 0.00% −0.70
AWI Armstrong World Industries Sold out 0.00% −0.70
SNEX Stonex Group Inc. Sold out 0.00% −0.69
PH Parker Hannifin Corp. Sold out 0.00% −0.69
COOP Mr Cooper Group Inc. Sold out 0.00% −0.69
AIZ Assurant Inc. Sold out 0.00% −0.67
TXRH Texas Roadhouse Inc. Sold out 0.00% −0.67
DX Dynex Capital Inc. Sold out 0.00% −0.66
SPGI S&P Global Inc. Sold out 0.00% −0.66
MET Metlife Inc. Sold out 0.00% −0.66
WSR Whitestone REIT Sold out 0.00% −0.66
FNF Fidelity National Financial Sold out 0.00% −0.65
NWE Northwestern Energy Group Inc. Sold out 0.00% −0.65
MMSI Merit Medical Systems Inc. Sold out 0.00% −0.64
HON Honeywell International Inc. Sold out 0.00% −0.64
VTR Ventas Inc. Sold out 0.00% −0.64
APH Amphenol Corp. Class A Sold out 0.00% −0.64
DRS Leonardo DRS Inc. Sold out 0.00% −0.63
AGNC AGNC Investment Corp. Sold out 0.00% −0.63
RITM Rithm Capital Corp. Sold out 0.00% −0.63
R Ryder System Inc. Sold out 0.00% −0.62
CVSA Covista Inc. Sold out 0.00% −0.62
GLW Corning Inc. Sold out 0.00% −0.62
BRX Brixmor Property Group Inc. Sold out 0.00% −0.62
CHD Church & Dwight Co. Inc. Sold out 0.00% −0.62
SPG Simon Property Group Inc. Sold out 0.00% −0.62
RPM RPM International Inc. Sold out 0.00% −0.62
NLY Annaly Capital Management Inc. Sold out 0.00% −0.62
FCPT Four Corners Property Trust Sold out 0.00% −0.61
KMB Kimberly-Clark Corp. Sold out 0.00% −0.61
SNA Snap-on Inc. Sold out 0.00% −0.61
CNA Cna Financial Corp. Sold out 0.00% −0.61
REG Regency Centers Corp. Sold out 0.00% −0.61
SSNC Ss&c Technologies Holdings Sold out 0.00% −0.61
EMR Emerson Electric Co. Sold out 0.00% −0.61
HURN Huron Consulting Group Inc. Sold out 0.00% −0.60
WSO Watsco Inc. Sold out 0.00% −0.60
ITW Illinois Tool Works Sold out 0.00% −0.60
EPRT Essential Properties Realty Sold out 0.00% −0.60
AEP American Electric Power Sold out 0.00% −0.60
XEL Xcel Energy Inc. Sold out 0.00% −0.60
ED Consolidated Edison Inc. Sold out 0.00% −0.59
OHI Omega Healthcare Investors Sold out 0.00% −0.59

Portfolio Buys Q1 2025 → Q2 2025
ADP Automatic Data Processing New 0.91% +0.91
BSX Boston Scientific Corp. New 0.89% +0.89
STWD Starwood Property Trust Inc. New 0.87% +0.87
PECO Phillips Edison & Company Inc. New 0.79% +0.79
BATRK Atlanta Braves Holdings in-C New 0.78% +0.78
ROP Roper Technologies Inc. New 0.78% +0.78
TTMI TTM Technologies New 0.73% +0.73
NYT New York Times Co. Class A New 0.72% +0.72
TRV The Travelers Cos Inc. New 0.71% +0.71
MNST Monster Beverage Corp. New 0.71% +0.71
C Citigroup Inc. New 0.71% +0.71
BOX Box Inc. Class A New 0.69% +0.69
PRDO Perdoceo Education Corp. New 0.69% +0.69
STT State Street Corp. New 0.69% +0.69
GS Goldman Sachs Group Inc. New 0.68% +0.68
SPOT Spotify Technology SA New 0.68% +0.68
FWONA Liberty Media Corp. Class A New 0.68% +0.68
NEU Newmarket Corp. New 0.67% +0.67
ARMK Aramark New 0.66% +0.66
HWM Howmet Aerospace Inc. New 0.65% +0.65
RBLX Roblox Corp. Class A New 0.64% +0.64
HEI Heico Corp. New 0.64% +0.64
ITRI Itron Inc. New 0.63% +0.63
PSTL Postal Realty Trust Inc. Class A New 0.63% +0.63
ROAD Construction Partners Inc. Class A New 0.61% +0.61
HWKN Hawkins Inc. New 0.61% +0.61
FWONK Liberty Media Corp. Class C New 0.60% +0.60
CTAS Cintas Corp. New 0.59% +0.59
CSV Carriage Services Inc. New 0.59% +0.59
NTRS Northern Trust Corp. New 0.59% +0.59
TPB Turning Point Brands Inc. New 0.59% +0.59
SPR Spirit Aerosystems Hold Class A New 0.58% +0.58
CCK Crown Holdings Inc. New 0.58% +0.58
ESQ Esquire Financial Holdings I New 0.58% +0.58
OGS One Gas Inc. New 0.58% +0.58
APG Api Group Corp. New 0.57% +0.57
GE General Electric New 0.57% +0.57
FCFS Firstcash Holdings Inc. New 0.56% +0.56
FSS Federal Signal Corp. New 0.56% +0.56
SENEA Seneca Foods Corp. Class A New 0.56% +0.56
INTU Intuit Inc. New 0.56% +0.56
DASH DoorDash Inc. Class A New 0.55% +0.55
ATRO Astronics Corp. New 0.55% +0.55
REVG Rev Group Inc. New 0.55% +0.55
CW Curtiss-Wright Corp. New 0.55% +0.55
JCI Johnson Controls Internation New 0.55% +0.55
MTG Mgic Investment Corp. New 0.54% +0.54
TTWO Take-Two Interactive Softwre New 0.54% +0.54
NMIH Nmi Holdings Inc. New 0.54% +0.54
IDT Idt Corp. Class B New 0.54% +0.54

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