SEC 13F Intelligence

Managers / Q3 2023 · view latest →

L2 Asset Management, LLC

CIK 0001686988 · 66 GLEZEN LANE, WAYLAND, MA, 01778 · 617-217-2565

Reported Value
$213M
Q3 2023
Positions
216
Filings on Record
26
2019–present window
Filed
Nov 8, 2023
original filing

Summary

L2 Asset Management, LLC reported $213M in U.S.-listed holdings across 216 positions for Q3 2023.

Its largest position, AAPL, represents 5.1% of the portfolio.

Compared with Q2 2023, the fund opened 70 new positions and exited 9.

Portfolio Metrics

Turnover
+13.4%
vs prior filed quarter
Top-10 Concentration
+28.5%
share of reported value
Largest Position
+5.1%
Apple
New / Exited
70 / 9
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’19: $114MQ4 ’19Q1 ’20: $89MQ2 ’20: $110MQ3 ’20: $124MQ4 ’20: $146MQ4 ’20Q1 ’21: $97MQ2 ’21: $108MQ3 ’21: $40MQ4 ’21: $143MQ4 ’21Q1 ’22: $174MQ2 ’22: $138MQ3 ’22: $145MQ4 ’22: $161MQ4 ’22Q1 ’23: $182MQ2 ’23: $204MQ3 ’23: $213MQ4 ’23: $243MQ4 ’23Q1 ’24: $305MQ2 ’24: $332MQ3 ’24: $368MQ4 ’24: $460MQ4 ’24Q1 ’25: $490MQ2 ’25: $611MQ3 ’25: $691MQ4 ’25: $748MQ4 ’25Q1 ’26: $1.1Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 94.0%Other: 5.3%ETP: 0.4%REIT: 0.3%
  • Common Stock · 94.0% · $200M
  • Other · 5.3% · $11M
  • ETP · 0.4% · $789,305
  • REIT · 0.3% · $679,764

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
APPAPPLOVIN CORPNEW+809809+$1M$1M
AKAMAKAMAI TECHNOLOGIES INCNEW+876876+$1M$1M
ADSKAUTODESK INCNEW+1.2K1.2K+$1M$1M
SELECT SECTOR SPDR TRNEW+135135+$789,305$789,305
DKSDICKS SPORTING GOODS INCNEW+241241+$591,925$591,925
TOLTOLL BROTHERS INCNEW+246246+$576,242$576,242
MTNVAIL RESORTS INCNEW+7.7K7.7K+$304,655$304,655
SLBSCHLUMBERGER LTDNEW+354354+$250,207$250,207

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2023

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.12%$11M556
2GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.85%$8M15.6K
3MSFTMICROSOFT CORPhistory →COM3.83%$8M26
4BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW3.01%$6M401
5METAMETA PLATFORMS INChistory →CL A2.92%$6M583
6CSCOCISCO SYS INChistory →COM2.33%$5M7.2K
7VMWEURVMWARE INChistory →CL A COM2.28%$5M985
8JPMJPMORGAN CHASE & COhistory →COM2.17%$5M1.2K
9BKNGBOOKING HOLDINGS INChistory →COM2.15%$5M101
10ABNBAIRBNB INChistory →COM CL A1.73%$4M10.2K
11NTAPNETAPP INChistory →COM1.66%$4M2.5K
12OCOWENS CORNING NEWhistory →COM1.66%$4M2.3K
13CAHCARDINAL HEALTH INChistory →COM1.65%$4M296
14SYFSYNCHRONY FINANCIALhistory →COM1.63%$3M2.5K
15ADBEADOBE INChistory →COM1.62%$3M2.3K
16AVGOBROADCOM INChistory →COM1.62%$3M390
17CHECK POINT SOFTWARE TECH LTORD1.54%$3M705
18A4SAMERIPRISE FINL INChistory →COM1.53%$3M397
19NVRNVR INChistory →COM1.48%$3M5.5K
20OMCOMNICOM GROUP INChistory →COM1.46%$3M2.1K
21NVDANVIDIA CORPORATIONhistory →COM1.40%$3M517
22EXPDEXPEDITORS INTL WASH INChistory →COM1.31%$3M668
23EXPEEXPEDIA GROUP INChistory →COM NEW1.29%$3M24.3K
24FLT1EURFLEETCOR TECHNOLOGIES INChistory →COM1.29%$3M574
25MEDTRONIC PLCSHS1.26%$3M37
26TRLDAVITA INChistory →COM1.23%$3M115
27HO1HOLOGIC INChistory →COM1.20%$3M618
28BWABORGWARNER INChistory →COM1.19%$3M1.1K
29DOWDOW INChistory →COM1.17%$2M954
30JBLJABIL INChistory →COM1.14%$2M453
31COPCONOCOPHILLIPShistory →COM1.14%$2M868
32BIIBBIOGEN INChistory →COM1.08%$2M101
33IQVIQVIA HLDGS INChistory →COM1.07%$2M17
34BBYBEST BUY INChistory →COM1.02%$2M543
35EBAEBAY INC.COM0.99%$2M885
36TSLATESLA INCCOM0.92%$2M152
37KLACKLA CORPCOM NEW0.87%$2M305
38GILDGILEAD SCIENCES INCCOM0.81%$2M4.2K
39ADMARCHER DANIELS MIDLAND COCOM0.80%$2M569
40DFSEURDISCOVER FINL SVCSCOM0.78%$2M734
41EXMOCEXXON MOBIL CORPCOM0.78%$2M172
42ABGCENCORA INCCOM0.75%$2M1.8K
43AWMSKYWORKS SOLUTIONS INCCOM0.74%$2M513
44AMGNAMGEN INCCOM0.72%$2M1.0K
45LRCXEURLAM RESEARCH CORPCOM0.69%$1M304
46PHMPULTE GROUP INCCOM0.69%$1M58
47UTHUNITED THERAPEUTICS CORP DELCOM0.67%$1M579
48FOXAFOX CORPCL A COM0.67%$1M1.5K
49RSRELIANCE STEEL & ALUMINUM COCOM0.62%$1M633

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.1B397May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$748M366Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$691M363Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$611M361Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$490M275May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$460M248Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$368M231Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$332M214Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$305M212May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$243M176Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$213M216Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$204M155Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$182M141May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$161M130Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$145M120Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$138M119Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$174M133May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$143M118Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$40M58Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$108M94Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$97M83May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$146M78Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$124M76Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$110M62Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$89M70May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$114M77Feb 13, 202013F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.