Estimated return — disclosed long book
What Chase Coleman’s US-listed long positions did, derived from the share counts and market values in consecutive 13F filings, shown against SPY over exactly the same quarters. This is not the fund’s return. A 13F excludes shorts, bonds, cash, non-US listings and derivatives, says nothing about fees or leverage, and only sees positions held at both quarter ends. The fund figure is a price return while SPY is a total return, so the comparison is tilted against the manager by roughly a dividend yield.
Q1 2026
-14.9%
SPY -4.4%▼ -10.6%
By calendar year
| Year | Estimated | SPY | Difference |
|---|---|---|---|
| 2025 | +24.1% | +17.7% | +6.4% |
| 2024 | +38.2% | +24.9% | +13.3% |
| 2023 | +54.3% | +26.2% | +28.1% |
| 2022 | -52.1% | -18.2% | -34.0% |
| 2021 | -11.4% | +28.7% | -40.1% |
| 2020 | +88.7% | +18.3% | +70.4% |
| 2019 | +42.9% | +31.2% | +11.7% |
| 2018 | -11.0% | -4.6% | -6.5% |
| 2017 | +41.4% | +21.7% | +19.7% |
| 20163/4 Q | +3.8% | +9.3% | -5.5% |
| 2015 | -21.1% | +1.2% | -22.4% |
| 20142/4 Q | -2.7% | +6.1% | -8.8% |
Years marked n/4 Qare built from fewer than four quarters, and the benchmark shown beside them covers the same partial set — so the difference is like-for-like, but the year is not a full year.