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Portfolio (Quarterly) Guide ↗

Entropy Technologies, LP

· CIK 0001976151
13F Portfolio $2.2B AUM 857 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 369 New 286 Added 199 Reduced 361 Exited
Page 8 of 10  ·  199 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 IAC IAC ORD Technology 10,074.0 $403K 0.02% -39K -79.7% $40.03 +5.0%
142 MSDL MORGAN STANLEY DIRECT LENDING ORD Financial Services 28,732.0 $401K 0.02% -474.0 -1.6% $13.96 +8.1%
143 AWI ARMSTRONG WORLD INDUSTRIES ORD Industrials 2,328.0 $384K 0.02% -428.0 -15.5% $164.80 -4.5%
144 CWT CALIFORNIA WATER SERVICE GROUP ORD Utilities 8,134.0 $369K 0.02% -119.0 -1.4% $45.34 -3.1%
145 WWW WOLVERINE WORLD WIDE ORD Consumer Cyclical 22,492.0 $367K 0.02% -13K -37.4% $16.32 +0.6%
146 DAWN DAY ONE BIOPHARMACEUTICALS ORD Healthcare 17,040.0 $365K 0.02% -12K -42.0% $21.44 +0.4%
147 VAC MARRIOTT VACATIONS WORLDWIDE ORD Consumer Cyclical 5,443.0 $354K 0.02% -3K -38.2% $65.12 +15.5%
148 LPX LOUISIANA PACIFIC ORD Basic Materials 4,633.0 $337K 0.02% -14K -75.2% $72.75 -3.1%
149 TFX TELEFLEX ORD Healthcare 2,793.0 $334K 0.01% -6K -66.7% $119.61 +11.0%
150 TENB TENABLE HOLDINGS ORD Technology 19,733.0 $334K 0.01% -208.0 -1.0% $16.92 +50.5%
151 LAZ LAZARD ORD Financial Services 7,851.0 $334K 0.01% -8K -51.4% $42.48 +13.1%
152 ECG EVERUS CONSTRUCTION GROUP ORD Industrials 2,789.0 $329K 0.01% -10K -78.1% $118.06 +25.9%
153 GPRE GREEN PLAINS ORD Basic Materials 19,519.0 $321K 0.01% -18K -48.6% $16.45 -6.0%
154 COIN COINBASE GLOBAL CL A ORD Financial Services 1,814.0 $317K 0.01% -7K -78.6% $174.61 +5.9%
155 BBB FOODS CL A ORD 8,902.0 $315K 0.01% -3K -27.3% $35.37
156 WGS GENEDX HOLDINGS CL A ORD Healthcare 4,811.0 $309K 0.01% -2K -24.8% $64.22 -26.3%
157 AMSF AMERISAFE ORD Financial Services 9,269.0 $309K 0.01% -4K -30.1% $33.33 -6.8%
158 INOD INNODATA ORD Technology 7,815.0 $302K 0.01% -3K -28.8% $38.62 +147.2%
159 BKE BUCKLE ORD Consumer Cyclical 5,913.0 $298K 0.01% -7K -52.6% $50.36 -2.0%
160 ADNT ADIENT ORD Consumer Cyclical 14,424.0 $292K 0.01% -7K -31.3% $20.21 +6.8%
Page 8 of 10  ·  199 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Industrials 17.4%
Financial Services 16.2%
Technology 14.8%
Healthcare 11.1%
Consumer Cyclical 9.6%
Consumer Defensive 7.0%
Energy 6.1%
Basic Materials 5.4%
Utilities 4.6%
Real Estate 4.5%