# ALPHASIMPLEX GROUP, LLC

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1387941. Source: https://holderbook.com/funds/1387941-alphasimplex-group-llc/

- Reported value: $9.9M
- Positions: 35
- Weight of the ten largest: 47.1%
- Filed: 2022-11-08

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| DUKE REALTY CORP | [DRE](https://holderbook.com/stocks/DRE/) | $917.0K | 19,030 | 9.3% | 1 |
| LAKELAND BANCORP INC | [LBAI](https://holderbook.com/stocks/LBAI/) | $809.0K | 50,533 | 8.2% | 1 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $463.0K | 7,507 | 4.7% | 2 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $457.0K | 905 | 4.6% | 2 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $424.0K | 9,205 | 4.3% | 4 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $346.0K | 2,667 | 3.5% | 3 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $344.0K | 2,132 | 3.5% | 1 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $318.0K | 2,373 | 3.2% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $294.0K | 1,066 | 3.0% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $281.0K | 1,207 | 2.8% | 5 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $280.0K | 3,983 | 2.8% | 1 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $279.0K | 1,266 | 2.8% | 1 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $267.0K | 1,478 | 2.7% | 5 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $255.0K | 1,898 | 2.6% | 1 |
| MDU RES GROUP INC | [MDU](https://holderbook.com/stocks/MDU/) | $253.0K | 9,256 | 2.6% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $252.0K | 951 | 2.5% | 3 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $244.0K | 2,171 | 2.5% | 2 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $237.0K | 1,596 | 2.4% | 5 |
| CHANGE HEALTHCARE INC | [CHNG](https://holderbook.com/stocks/CHNG/) | $233.0K | 8,479 | 2.4% | 2 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $233.0K | 1,562 | 2.4% | 10 |
| HEARTLAND EXPRESS INC | [HTLD](https://holderbook.com/stocks/HTLD/) | $229.0K | 16,028 | 2.3% | 8 |
| FIRSTENERGY CORP | [FE](https://holderbook.com/stocks/FE/) | $226.0K | 6,099 | 2.3% | 2 |
| FTI CONSULTING INC | [FCN](https://holderbook.com/stocks/FCN/) | $223.0K | 1,347 | 2.3% | 2 |
| AECOM | [ACM](https://holderbook.com/stocks/ACM/) | $222.0K | 3,246 | 2.2% | 13 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $213.0K | 1,881 | 2.2% | 3 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $209.0K | 541 | 2.1% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $204.0K | 1,473 | 2.1% | 3 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $201.0K | 558 | 2.0% | 2 |
| GOLUB CAP BDC INC | [GBDC](https://holderbook.com/stocks/GBDC/) | $194.0K | 15,691 | 2.0% | 2 |
| DYNEX CAP INC | [DX](https://holderbook.com/stocks/DX/) | $142.0K | 12,150 | 1.4% | 1 |
| WESTERN UN CO | [WU](https://holderbook.com/stocks/WU/) | $138.0K | 10,250 | 1.4% | 1 |
| PRIMO WATER CORPORATION | [PRMW](https://holderbook.com/stocks/PRMW/) | $136.0K | 10,828 | 1.4% | 8 |
| MGIC INVT CORP WIS | [MTG](https://holderbook.com/stocks/MTG/) | $130.0K | 10,115 | 1.3% | 2 |
| HANESBRANDS INC | [HBI](https://holderbook.com/stocks/HBI/) | $122.0K | 17,517 | 1.2% | 2 |
| IRONWOOD PHARMACEUTICALS INC | [IRWD](https://holderbook.com/stocks/IRWD/) | $109.0K | 10,510 | 1.1% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2022 | -3.7% | -5.3% | +1.6% | 75% |
| Q2 2022 | -11.6% | -16.5% | +4.9% | 87% |
| Q1 2022 | -7.7% | -4.9% | -2.8% | 84% |
| Q4 2021 | +8.3% | +10.7% | -2.4% | 94% |
| Q3 2021 | -0.3% | +0.3% | -0.6% | 94% |
| Q2 2021 | +5.7% | +8.0% | -2.3% | 98% |
| Q1 2021 | +5.5% | +6.0% | -0.6% | 97% |
| Q4 2020 | +13.5% | +11.6% | +1.9% | 96% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $9.9M | 35 |
| Q2 2022 | $14.0M | 48 |
| Q1 2022 | $27.3M | 71 |
| Q4 2021 | $58.7M | 144 |
| Q3 2021 | $120.8M | 208 |
| Q2 2021 | $200.2M | 219 |
| Q1 2021 | $239.1M | 249 |
| Q4 2020 | $286.3M | 297 |
| Q3 2020 | $219.9M | 272 |
| Q2 2020 | $133.4M | 253 |
| Q1 2020 | $66.1M | 108 |
| Q4 2019 | $265.5M | 245 |