Element Capital Management LLC and Freestone Grove Partners LP: where the books meet
At Q2 2026, at least 15% of the two 13F books was the same, across 21 stocks both listed, against under 0.1% at Q4 2024. Overlap is the smaller of each shared stock’s two weights, added up: the part of one book that could be swapped for the other’s without a trade.
- Q4 2024: under 0.1%, 1 in both
- Q1 2025: 9.6%, 43 in both
- Q2 2025: 1.0%, 1 in both
- Q3 2025: 6.1%, 19 in both
- Q4 2025: 4.5%, 20 in both
- Q1 2026: 1.0%, 6 in both
- Q2 2026: 15%, 21 in both
Only quarters both managers filed. Where either filing has more positions than are read each quarter, a stock both hold below that range is not counted, so the figure is a floor.
What the overlap is made of, Q2 2026
Stocks both listed, by the smaller of the two weights. A weight is the stock’s share of that manager’s reported book, which says how large the position is, not how strongly it is held.
| Stock | Element Capital Management LLC | Freestone Grove Partners LP |
|---|---|---|
| iShares Trust(IVV) | 24%New | 6.8%Added |
| Vanguard Index Funds(VOO) | 22%New | 6.6%Added |
| Space Exploration Techn Corp(SPCX) | 2.7%New | 0.7%New |
| Cme Group Inc(CME) | 0.2%Held | 0.2%Added |
| Servicenow Inc(NOW) | 0.2%New | 0.7%Added |
| 363576109(AJG) | 0.2%New | 0.2%Added |
| Digital Rlty TR Inc(DLR) | 1.3%New | 0.1%New |
| N52a8c105(INIO) | 0.1%New | 0.5%New |
| 770700102(HOOD) | under 0.1%New | 0.1%Added |
| Thermo Fisher Scientific Inc(TMO) | under 0.1%New | 0.7%New |
| Abbott Labs(ABT) | under 0.1%New | 0.8%New |
| Crowdstrike HLDGS Inc(CRWD) | under 0.1%New | under 0.1%New |
| Raytheon Technologies Corp(RTX) | under 0.1%Trimmed | 1.0%Added |
| Nvidia Corp(NVDA) | 0.2%New | under 0.1%New |
| Philip Morris Intl Inc(PM) | under 0.1%New | 0.4%New |
| Altria Group Inc(MO) | under 0.1%New | under 0.1%Trimmed |
| Palo Alto Networks Inc(PANW) | under 0.1%New | under 0.1%New |
| 296013105(EROC) | under 0.1%New | under 0.1%New |
| Snowflake Inc(SNOW) | under 0.1%New | 0.9%New |
| Arxis Inc(ARXS) | 0.4%New | under 0.1%New |
and 1 smaller ones
Moved different ways in Q2 2026
Stocks one manager started or added to while the other trimmed or sold out, between the same two quarter ends. A 13F shows the quarter ends, never when in between anything was bought or sold, or why.
- Spdr S&P 500 Etf Trust(SPY)Element Capital Management LLC started; Freestone Grove Partners LP sold out
- Raytheon Technologies Corp(RTX)Element Capital Management LLC trimmed; Freestone Grove Partners LP added
- Datadog Inc(DDOG)Element Capital Management LLC started; Freestone Grove Partners LP sold out
- Danaher Corp Del(DHR)Element Capital Management LLC started; Freestone Grove Partners LP sold out
- Amer Sports Inc(AS)Element Capital Management LLC sold out; Freestone Grove Partners LP added
- Lockheed Martin Corp(LMT)Element Capital Management LLC sold out; Freestone Grove Partners LP started
- SanDisk Corp(SNDK)Element Capital Management LLC sold out; Freestone Grove Partners LP added
- Altria Group Inc(MO)Element Capital Management LLC started; Freestone Grove Partners LP trimmed
- Tractor Supply Co(TSCO)Element Capital Management LLC started; Freestone Grove Partners LP trimmed
Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More