Q2 2026 13F · SEC CIK 1976151

Entropy Technologies, LP

Hedge fundFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.5B
Reported positions: 929
Top holdings a year, 3 yrs: +12.2%
Assets under management: $2.2B

Entropy Technologies, LP is a hedge fund that reported 929 positions worth $2.5B in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Northrop Grumman Corp (NOC, 0.8%), Mastercard Incorporated (MA, 0.8%), Sherwin Williams Co (SHW, 0.8%). A portfolio copying its top holdings returned 12.2% a year over the last 3 years, against 16.5% for the S&P 500.

Entropy Technologies, LP holdings largest 50 of 929 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Entropy Technologies, LP 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NOCNorthrop Grumman Corp	0.8%	—	37,576	—	$19.1M
MAMastercard Incorporated	0.8%	0.8%	37,122	+5.4%	$19.1M
SHWSherwin Williams Co	0.8%	—	55,371	—	$19.1M
COPConocophillips	0.8%	—	182,378	—	$19.0M
WFCWells Fargo & Co	0.8%	—	229,295	—	$18.9M
COFCapital One Finl Corp	0.8%	—	94,438	—	$18.9M
MCKMckesson Corp	0.8%	—	25,067	—	$18.9M
PEPPepsico Inc	0.8%	0.8%	139,825	+23.6%	$18.9M
OXYOccidental Pete Corp	0.8%	0.8%	389,171	+43.3%	$18.9M
ISRGIntuitive Surgical Inc	0.8%	—	47,513	—	$18.9M
TFCTruist Finl Corp	0.7%	—	372,477	—	$18.6M
INTUIntuit	0.7%	—	69,622	—	$18.2M
LRCXLam Research Corp	0.7%	—	41,853	—	$18.1M
KHCKraft Heinz Co	0.7%	0.5%	757,176	+60.5%	$17.9M
DVNDevon Energy Corp New	0.7%	—	414,797	—	$17.1M
ABBVAbbvie Inc	0.6%	—	64,317	—	$16.2M
AXPAmerican Express Co	0.6%	0.8%	47,809	-17.8%	$16.2M
CMECme Group Inc	0.6%	0.6%	73,092	+80.2%	$16.1M
BSXBoston Scientific Corp	0.6%	0.8%	375,251	+32.6%	$16.0M
PGProcter & Gamble Co	0.6%	—	108,499	—	$15.9M
AMATApplied Matls Inc	0.6%	—	21,367	—	$15.4M
PHParker-Hannifin Corp	0.6%	0.7%	15,636	-11.2%	$15.3M
RSGRepublic Svcs Inc	0.6%	—	71,712	—	$15.3M
FIXComfort Sys USA Inc	0.6%	—	7,645	—	$15.2M
CIENCiena Corp	0.6%	—	28,706	—	$14.1M
NUENucor Corp	0.6%	—	62,348	—	$13.9M
ABNBAirbnb Inc	0.5%	—	95,328	—	$13.6M
DOWDow Hldgs Inc	0.5%	—	496,472	—	$13.6M
EQIXEquinix Inc	0.5%	—	13,010	—	$13.6M
STXSeagate Technology Hldngs Pl	0.5%	0.5%	13,827	-48.8%	$13.3M
CMGChipotle Mexican Grill Inc	0.5%	—	390,928	—	$13.3M
LLYEli Lilly & Co	0.5%	—	11,052	—	$13.3M
MNSTMonster Beverage Corp New	0.5%	—	137,787	—	$13.2M
ICEIntercontinental Exchange Inc	0.5%	—	106,066	—	$13.1M
MELIMercadolibre Inc	0.5%	0.6%	7,682	-1.0%	$13.0M
MMM3m Co	0.5%	0.5%	80,354	+6.6%	$13.0M
TMUST-Mobile US Inc	0.5%	—	77,469	—	$13.0M
CPRTCopart Inc	0.5%	—	448,695	—	$12.6M
GILDGilead Sciences Inc	0.5%	0.5%	99,958	+33.8%	$12.6M
IDXXIdexx Labs Inc	0.5%	—	23,854	—	$12.6M
FTNTFortinet Inc	0.5%	—	81,376	—	$12.5M
ALNYAlnylam Pharmaceuticals Inc	0.5%	0.5%	41,204	+15.4%	$12.4M
NEMNewmont Corp	0.5%	0.7%	131,917	-0.2%	$12.3M
SYFSynchrony Financial	0.5%	—	161,625	—	$12.3M
TJXTjx Cos Inc New	0.5%	0.7%	80,437	-18.7%	$12.2M
TTTrane Technologies PLC	0.5%	0.8%	24,561	-41.8%	$12.1M
PCARPaccar Inc	0.5%	—	99,452	—	$11.9M
LYBLyondellbasell Industries NV	0.5%	—	221,868	—	$11.7M
BLKBlackrock Inc	0.5%	0.8%	12,056	-34.1%	$11.6M
SHELShell PLC	0.5%	—	146,446	—	$11.4M

What Entropy Technologies, LP bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +19.5% /yr; S&P 500 +11.7%
3 years: +12.2% /yr; S&P 500 +16.5%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$2.5B	929
Q1 2026	$2.2B	857
Q4 2025	$1.8B	849
Q3 2025	$1.3B	784
Q2 2025	$1.3B	749
Q1 2025	$1.0B	682
Q4 2024	$971.0M	691
Q3 2024	$952.5M	687
Q2 2024	$925.2M	641
Q1 2024	$938.0M	696
Q4 2023	$539.5M	533

Questions about Entropy Technologies, LP's portfolio

What stocks does Entropy Technologies, LP own?

Entropy Technologies, LP's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 929 positions worth $2.5B. The largest are Northrop Grumman Corp (NOC) at 0.8%, Mastercard Incorporated (MA) at 0.8%, Sherwin Williams Co (SHW) at 0.8%, Conocophillips (COP) at 0.8% and Wells Fargo & Co (WFC) at 0.8%.

What did Entropy Technologies, LP buy last quarter?

In Q2 2026, Entropy Technologies, LP added Cme Group Inc (CME) (+80.2% shares), Kraft Heinz Co (KHC) (+60.5% shares) and Occidental Pete Corp (OXY) (+43.3% shares), compared with its Q1 2026 filing.

What did Entropy Technologies, LP sell last quarter?

In Q2 2026, Entropy Technologies, LP cut from its top 50 Cheniere Energy Inc (LNG), cut from its top 50 Costco Wholesale Corporation (COST), cut from its top 50 Abbott Laboratories (ABT), cut from its top 50 Colgate Palmolive Co (CL), cut from its top 50 Fedex Corp (FDX), Seagate Technology Hldngs Pl (STX) (-48.8% shares), Trane Technologies PLC (TT) (-41.8% shares) and Blackrock Inc (BLK) (-34.1% shares), compared with its Q1 2026 filing.

How has Entropy Technologies, LP's portfolio performed?

A portfolio copying Entropy Technologies, LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.2% a year over the last 3 years, against +16.5% for the S&P 500. Over 1 year: +19.5% against +11.7%.

When is Entropy Technologies, LP's next 13F filing due?

13F filings are due 45 days after each quarter ends. Entropy Technologies, LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Entropy Technologies, LP manage?

Entropy Technologies, LP reported $2.2B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.5B.