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Counterpoint Mutual Funds LLC — 13F Holdings & Portfolio

CIK 1698461 · latest 13F-HR filed 2026-10-16

Backtest portfolio

Counterpoint Mutual Funds LLC manages $1.16B in 13F-reported U.S. long-equity assets across 323 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are BIL (25.44%), IVV (13.60%), CPAI (6.98%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 210 new positions and exited 182; 54 existing positions rose in reported value and 55 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$1.16B

Long-equity book

Holdings
323

Distinct positions

Period
2026-09-30

Filed 2026-10-16

Q/Q Activity
+210 / −182 / ↑54 / ↓55

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
BIL25.4% · newIVV13.6% · 0%CPAI7.0% · +0%P1.1% · newALAB1.0% · +43%BB1.0% · +104%HPE1.0% · +9%TXG1.0% · newKLIC0.9% · +1262%INTC0.9% · +58%ON0.9% · newMRVL0.9% · +48%WDC0.9% · newWKC0.9% · +2506%SNDK0.9% · newFOXA0.9% · newMU0.9% · +19%HPQ0.9% · +1%DLTR0.9% · newNOG0.8% · +3057%JBLU0.8% · +91%ETSY0.8% · newTHC0.8% · newMCK0.8% · +19%TDOC0.8% · +1017%PYPL0.8% · newPBF0.8% · -25%TALO0.8% · newCAH0.8% · +33%BOX0.8% · newHUBS0.8% · newGDDY0.8% · newMSI0.8% · +1545%SMPL0.8% · +3594%EG0.8% · newMPC0.8% · newDINO0.8% · newT0.8% · newAR0.8% · +3281%RIG0.8% · newF0.8% · +3192%MBLY0.8% · newDVA0.8% · +56%CNC0.8% · +10%SUN0.8% · newOXY0.8% · +13%GM0.8% · +1448%YELP0.8% · newDELL0.8% · -7%PENN0.8% · +911%CAG0.7% · newCLF0.7% · +698%BRBR0.7% · +56%HYTR0.3% · newCRSR0.1% · -33%SMCI0.1% · -87%SDGR0.1% · newPLTR0.1% · newCGAU0.1% · newAZTA0.1% · -21%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 53%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 30, 2026.

Assets Under Management
$3.24B
Discretionary
$3.24B
Employees
15
Accounts
5
Address
12770 HIGH BLUFF DRIVE
SUITE 380
SAN DIEGO, CA 92130
Phone
(858) 771-4000
Website
Name Title / Status Ownership Type
KOUDSI, JOHN, CHARLES ControlMANAGING MEMBER, CHIEF STRATEGIC OFFICER
since Jun 2014
25–50%Individual
KRAUSE, DANIEL, WENDELL ControlMANAGING MEMBER, CHIEF MARKETING OFFICER
since Feb 2015
25–50%Individual
KRAUSE, MICHAEL, BENNETT ControlMANAGING MEMBER, CHIEF OPERATING OFFICER
since Jun 2014
25–50%Individual
BLACK, DAHLIA, DELCETACHIEF COMPLIANCE OFFICER
since Sep 2024
Less than 5%Individual
Ownership & leadership changes · 6 filings with changes since Aug 7, 2014

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 30, 2026 filing
  • ChangedBLACK, DAHLIA, DELCETA · no longer a control person
Sep 12, 2024 filing
  • No longer listedZIPFEL, KRISTA, SUE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Nov 2023
  • AddedBLACK, DAHLIA, DELCETA · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Nov 14, 2023 filing
  • AddedZIPFEL, KRISTA, SUE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedKRAUSE, MICHAEL, BENNETT · title MANAGING MEMBER, CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER → MANAGING MEMBER, CHIEF OPERATING OFFICER
Aug 28, 2018 filing
  • ChangedKRAUSE, DANIEL, WENDELL · title CHIEF MARKETING OFFICER → MANAGING MEMBER, CHIEF MARKETING OFFICER
Jul 3, 2017 filing
  • ChangedKOUDSI, JOHN, CHARLES · title MANAGING MEMBER, CHIEF STRATEGIC OFFICER, CHIEF MARKETING OFFICER → MANAGING MEMBER, CHIEF STRATEGIC OFFICER
Nov 25, 2015 filing
  • AddedKRAUSE, DANIEL, WENDELL · CHIEF MARKETING OFFICER · 25–50% · control person
  • ChangedKOUDSI, JOHN, CHARLES · ownership 50–75% → 25–50%
  • ChangedKRAUSE, MICHAEL, BENNETT · ownership 50–75% → 25–50%
Aug 7, 2014 filing (earliest on record)
  • ListedKOUDSI, JOHN, CHARLES · MANAGING MEMBER, CHIEF STRATEGIC OFFICER, CHIEF MARKETING OFFICER · 50–75% · control person
  • ListedKRAUSE, MICHAEL, BENNETT · MANAGING MEMBER, CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER · 50–75% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Counterpoint Mutual Funds LLC Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SPDR SERIES TRUST BIL 78468R663 $294.6M 25.44% 3,214,569 SH
2 ISHARES TR IVV 464287200 $157.5M 13.60% 205,717 SH
3 NORTHERN LTS FD TR III CPAI 66538R540 $80.9M 6.98% 1,564,616 SH
4 EVERPURE INC P 74624M102 $13.3M 1.15% 101,658 SH
5 ASTERA LABS INC ALAB 04626A103 $11.7M 1.01% 32,947 SH
6 BLACKBERRY LTD BB 09228F103 $11.6M 1.00% 1,282,610 SH
7 HEWLETT PACKARD ENTERPRISE C HPE 42824C109 $11.4M 0.99% 179,170 SH
8 10X GENOMICS INC TXG 88025U109 $11.4M 0.98% 125,769 SH
9 KULICKE & SOFFA INDS INC KLIC 501242101 $11.0M 0.95% 116,536 SH
10 INTEL CORP INTC 458140100 $10.7M 0.92% 88,782 SH
11 ON SEMICONDUCTOR CORP ON 682189105 $10.6M 0.92% 138,377 SH
12 MARVELL TECHNOLOGY INC MRVL 573874104 $10.6M 0.91% 39,964 SH
13 WESTERN DIGITAL CORP WDC 958102105 $10.4M 0.90% 22,896 SH
14 WORLD KINECT CORPORATION WKC 981475106 $10.4M 0.90% 295,747 SH
15 SANDISK CORP SNDK 80004C200 $10.3M 0.89% 5,897 SH
16 FOX CORP FOXA 35137L105 $10.3M 0.89% 163,735 SH
17 MICRON TECHNOLOGY INC MU 595112103 $10.1M 0.87% 9,455 SH
18 HP INC HPQ 40434L105 $10.0M 0.86% 318,891 SH
19 DOLLAR TREE INC DLTR 256746108 $9.9M 0.85% 86,412 SH
20 NORTHERN OIL & GAS INC NOG 665531307 $9.8M 0.84% 427,012 SH
21 JETBLUE AIRWAYS CORP JBLU 477143101 $9.7M 0.84% 2,297,994 SH
22 ETSY INC ETSY 29786A106 $9.7M 0.83% 134,987 SH
23 TENET HEALTHCARE CORP THC 88033G407 $9.6M 0.83% 37,537 SH
24 MCKESSON CORP MCK 58155Q103 $9.6M 0.83% 11,235 SH
25 TELADOC HEALTH INC TDOC 87918A105 $9.6M 0.83% 1,650,165 SH
26 PAYPAL HLDGS INC PYPL 70450Y103 $9.6M 0.83% 182,089 SH
27 PBF ENERGY INC PBF 69318G106 $9.6M 0.83% 124,218 SH
28 TALOS ENERGY INC TALO 87484T108 $9.5M 0.82% 582,562 SH
29 CARDINAL HEALTH INC CAH 14149Y108 $9.5M 0.82% 42,485 SH
30 BOX INC BOX 10316T104 $9.4M 0.82% 282,078 SH
31 HUBSPOT INC HUBS 443573100 $9.3M 0.80% 45,418 SH
32 GODADDY INC GDDY 380237107 $9.3M 0.80% 97,439 SH
33 MOTOROLA SOLUTIONS INC MSI 620076307 $9.3M 0.80% 20,839 SH
34 SIMPLY GOOD FOODS CO SMPL 82900L102 $9.3M 0.80% 978,657 SH
35 EVEREST GROUP LTD EG G3223R108 $9.3M 0.80% 25,402 SH
36 MARATHON PETE CORP MPC 56585A102 $9.2M 0.80% 23,312 SH
37 HF SINCLAIR CORP DINO 403949100 $9.2M 0.79% 85,643 SH
38 AT&T INC T 00206R102 $9.2M 0.79% 375,631 SH
39 ANTERO RESOURCES CORP AR 03674X106 $9.1M 0.79% 273,369 SH
40 TRANSOCEAN LTD RIG H8817H100 $9.1M 0.79% 1,739,000 SH
41 FORD MTR CO F 345370860 $9.1M 0.78% 752,443 SH
42 MOBILEYE GLOBAL INC MBLY 60741F104 $9.1M 0.78% 1,227,876 SH
43 DAVITA INC DVA 23918K108 $9.1M 0.78% 51,875 SH
44 CENTENE CORP DEL CNC 15135B101 $9.0M 0.78% 145,297 SH
45 SUNOCO LP/SUNOCO FIN CORP SUN 86765K109 $9.0M 0.78% 123,413 SH
46 OCCIDENTAL PETE CORP OXY 674599105 $9.0M 0.77% 161,971 SH
47 GENERAL MTRS CO GM 37045V100 $9.0M 0.77% 116,251 SH
48 YELP INC YELP 985817105 $9.0M 0.77% 483,821 SH
49 DELL TECHNOLOGIES INC DELL 24703L202 $8.9M 0.77% 16,630 SH
50 PENN ENTERTAINMENT INC PENN 707569109 $8.7M 0.75% 592,628 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-16 $1.16B 323 0001172661-26-004572
2026-06-30 2026-07-20 $1.01B 295 0001172661-26-002705
2026-03-31 2026-04-27 $665.9M 294 0001172661-26-001540
2025-03-31 2026-02-12 $698.0M 279 0001172661-26-000678
Filer Information
Address
12770 HIGH BLUFF DRIVE
SUITE #380
SAN DIEGO, CA 92130
Phone
(858) 314-9300
Filing Manager
Counterpoint Mutual Funds LLC
San Diego, CA
Signatory
Michael Krause
Chief Investment Officer