Counterpoint Mutual Funds LLC

San Diego, CA · CIK 1698461 · 13F filing filed 2025-07-14

SEC-registered investment adviser since 2014 · limited liability company

Assets managed$3.2bn
Staff15 · 6 in investment roles
Main clients (by assets)Mutual funds and ETFs 100%
Form ADV · 2026-03-30SEC adviser record

Legal entityCOUNTERPOINT MUTUAL FUNDS, LLC (US)

Kindmutual funds
Others nearbySan Diego, CA

$1.1bn reported value +61.9% vs Q1 2025

299positions

81.6%in top 10

179 new 53 added 67 reduced 159 sold out vs Q1 2025

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR BROAD USD HIGH USHY	USHY	13,188,558	$494.7m43.77%	43.77%	Added +7.9m	+7,944,772 151.5%
2	ISHARES TR IBOXX HI YD ETF HYG	HYG	3,338,845	$269.3m23.83%	23.83%	Added +2.9m	+2,889,282 642.7%
3	ISHARES TR CORE S&P500 ETF IVV	IVV	84,341	$52.4m4.63%	4.63%	New
4	NORTHERN LTS FD TR III COUN QUA EQU ETF CPAI	CPAI	1,238,916	$46.1m4.08%	4.08%	Added +19.6k	+19,600 1.6%
5	SPDR SER TR BLOOMBERG HIGH Y JNK	JNK	472,367	$45.9m4.07%	4.07%	Added +102.9k	+102,876 27.8%
6	LEONARDO DRS INC COM DRS	DRS	60,090	$2.8m0.25%	0.25%	New
7	ELBIT SYS LTD ORD ESLT	ESLT	6,140	$2.8m0.24%	0.24%	Added +2.7k	+2,734 80.3%
8	HALLADOR ENERGY COMPANY COM HNRG	HNRG	172,523	$2.7m0.24%	0.24%	New
9	MERCURY GENL CORP NEW COM MCY	MCY	39,999	$2.7m0.24%	0.24%	New
10	AVEPOINT INC COM CL A AVPT	AVPT	138,152	$2.7m0.24%	0.24%	Added +110.8k	+110,803 405.1%
11	GENWORTH FINL INC COM SHS GNW	GNW	341,481	$2.7m0.24%	0.24%	Added +157.2k	+157,151 85.3%
12	NUTANIX INC CL A NTNX	NTNX	34,581	$2.6m0.23%	0.23%	Added +5.3k	+5,257 17.9%
13	NRG ENERGY INC COM NEW NRG	NRG	16,445	$2.6m0.23%	0.23%	Added +8.7k	+8,717 112.8%
14	COMSTOCK RES INC COM CRK	CRK	94,309	$2.6m0.23%	0.23%	Added +6.9k	+6,943 8.0%
15	DANA INC COM DAN	DAN	151,081	$2.6m0.23%	0.23%	Added +97.5k	+97,505 182.0%
16	GULFPORT ENERGY CORP COMMON SHARES GPOR	GPOR	12,872	$2.6m0.23%	0.23%	Added +10.8k	+10,769 512.1%
17	AMN HEALTHCARE SVCS INC COM AMN	AMN	125,082	$2.6m0.23%	0.23%	Added +36.9k	+36,867 41.8%
18	NEXTERA ENERGY PARTNERS LP COM UNIT PART IN XIFR	XIFR	313,727	$2.6m0.23%	0.23%	Added +87.6k	+87,574 38.7%
19	HERITAGE INSURANCE HLDGS INC COM HRTG	HRTG	100,188	$2.5m0.22%	0.22%	New
20	HOWMET AEROSPACE INC COM HWM	HWM	12,921	$2.4m0.21%	0.21%	New
21	SUPER GROUP SGHC LIMITED ORD SHS SGHC	SGHC	218,496	$2.4m0.21%	0.21%	Added +158.6k	+158,631 265.0%
22	SSR MINING IN COM SSRM	SSRM	183,469	$2.3m0.21%	0.21%	New
23	UNUM GROUP COM UNM	UNM	28,786	$2.3m0.21%	0.21%	Added +12.5k	+12,514 76.9%
24	AXIS CAP HLDGS LTD SHS AXS	AXS	22,329	$2.3m0.21%	0.21%	New
25	MUELLER INDS INC COM MLI	MLI	29,107	$2.3m0.20%	0.20%	Added +23.8k	+23,815 450.0%
26	YEXT INC COM YEXT	YEXT	271,314	$2.3m0.20%	0.20%	New
27	JABIL INC COM JBL	JBL	10,562	$2.3m0.20%	0.20%	New
28	EXCELERATE ENERGY INC CL A COM EE	EE	78,454	$2.3m0.20%	0.20%	Added +51.8k	+51,793 194.3%
29	PALOMAR HLDGS INC COM PLMR	PLMR	14,857	$2.3m0.20%	0.20%	Added +11.6k	+11,643 362.3%
30	ROBLOX CORP CL A RBLX	RBLX	21,735	$2.3m0.20%	0.20%	New
31	CISCO SYS INC COM CSCO	CSCO	31,898	$2.2m0.20%	0.20%	New
32	EXPAND ENERGY CORPORATION COM EXE	EXE	18,732	$2.2m0.19%	0.19%	Added +6.6k	+6,596 54.4%
33	NORTHERN LTS FD TR III CP HIGH YILD TRD HYTR	HYTR	94,700	$2.1m0.18%	0.18%	Added +7.4k	+7,400 8.5%
34	MILLICOM INTL CELLULAR S A COM STK TIGO	TIGO	52,363	$2.0m0.17%	0.17%	New
35	AT&T INC COM T	T	67,376	$1.9m0.17%	0.17%	Added +21.1k	+21,110 45.6%
36	T-MOBILE US INC COM TMUS	TMUS	8,160	$1.9m0.17%	0.17%	Added +3.3k	+3,287 67.5%
37	LAUREATE EDUCATION INC COMMON STOCK LAUR	LAUR	82,889	$1.9m0.17%	0.17%	New
38	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	21,407	$1.9m0.17%	0.17%	New
39	VEEVA SYS INC CL A COM VEEV	VEEV	6,691	$1.9m0.17%	0.17%	New
40	DYCOM INDS INC COM DY	DY	7,882	$1.9m0.17%	0.17%	New
41	KINDER MORGAN INC DEL COM KMI	KMI	65,480	$1.9m0.17%	0.17%	New
42	VERISIGN INC COM VRSN	VRSN	6,657	$1.9m0.17%	0.17%	New
43	OLD REP INTL CORP COM ORI	ORI	49,888	$1.9m0.17%	0.17%	New
44	WALMART INC COM WMT	WMT	19,568	$1.9m0.17%	0.17%	New
45	CENTENE CORP DEL COM CNC	CNC	35,213	$1.9m0.17%	0.17%	New
46	CARDINAL HEALTH INC COM CAH	CAH	11,374	$1.9m0.17%	0.17%	New
47	MCKESSON CORP COM MCK	MCK	2,607	$1.9m0.17%	0.17%	Added +601	+601 30.0%
48	CENCORA INC COM COR	COR	6,359	$1.9m0.17%	0.17%	New
49	ENCOMPASS HEALTH CORP COM EHC	EHC	15,523	$1.9m0.17%	0.17%	New
50	PHILIP MORRIS INTL INC COM PM	PM	10,446	$1.9m0.17%	0.17%	Added +1.8k	+1,836 21.3%
51	ZOOM COMMUNICATIONS INC CL A ZM	ZM	24,363	$1.9m0.17%	0.17%	New
52	MPLX LP COM UNIT REP LTD MPLX	MPLX	36,767	$1.9m0.17%	0.17%	Added +12.6k	+12,574 52.0%
53	WILLIAMS COS INC COM WMB	WMB	30,124	$1.9m0.17%	0.17%	Added +7.7k	+7,676 34.2%
54	ROYAL GOLD INC COM RGLD	RGLD	10,556	$1.9m0.17%	0.17%	New
55	ANGLOGOLD ASHANTI PLC COM SHS AU	AU	40,933	$1.9m0.17%	0.17%	New
56	FOX CORP CL A COM FOXA	FOXA	33,204	$1.9m0.16%	0.16%	New
57	10X GENOMICS INC CL A COM TXG	TXG	78,249	$906.1k0.08%	0.08%	Reduced -274	-274 -0.3%
58	OWENS & MINOR INC NEW COM ACH	ACH	98,955	$900.5k0.08%	0.08%	New
59	TTM TECHNOLOGIES INC COM TTMI	TTMI	21,570	$880.5k0.08%	0.08%	Reduced -13.9k	-13,945 -39.3%
60	PAGAYA TECHNOLOGIES LTD CL A NEW PGY	PGY	40,199	$857.0k0.08%	0.08%	Reduced -24.5k	-24,453 -37.8%
61	ADIENT PLC ORD SHS ADNT	ADNT	43,179	$840.3k0.07%	0.07%	Reduced -13.7k	-13,730 -24.1%
62	DOUBLEVERIFY HLDGS INC COM DV	DV	53,457	$800.3k0.07%	0.07%	Reduced -3.1k	-3,093 -5.5%
63	BGC GROUP INC CL A BGC	BGC	76,825	$785.9k0.07%	0.07%	New
64	CURTISS WRIGHT CORP COM CW	CW	1,603	$783.1k0.07%	0.07%	Added +451	+451 39.1%
65	EXTREME NETWORKS COM EXTR	EXTR	43,604	$782.7k0.07%	0.07%	New
66	BRINKER INTL INC COM EAT	EAT	4,302	$775.8k0.07%	0.07%	Reduced -9.7k	-9,709 -69.3%
67	XEROX HOLDINGS CORP COM NEW XRX	XRX	147,045	$774.9k0.07%	0.07%	Reduced -254.1k	-254,140 -63.4%
68	COMPASS MINERALS INTL INC COM CMP	CMP	38,374	$770.9k0.07%	0.07%	New
69	TECHNIPFMC PLC COM FTI	FTI	22,384	$770.9k0.07%	0.07%	Added +8.3k	+8,279 58.7%
70	MONDAY COM LTD SHS MNDY	MNDY	2,443	$768.3k0.07%	0.07%	Added +920	+920 60.4%
71	STERLING INFRASTRUCTURE INC COM STRL	STRL	3,327	$767.6k0.07%	0.07%	New
72	ODDITY TECH LTD SHS CL A ODD	ODD	10,165	$767.2k0.07%	0.07%	New
73	VISTRA CORP COM VST	VST	3,928	$761.3k0.07%	0.07%	Reduced -2.0k	-1,985 -33.6%
74	API GROUP CORP COM STK APG	APG	14,894	$760.3k0.07%	0.07%	New
75	INTERFACE INC COM TILE	TILE	36,088	$755.3k0.07%	0.07%	New
76	PEDIATRIX MEDICAL GROUP INC COM MD	MD	52,586	$754.6k0.07%	0.07%	Added +23.6k	+23,580 81.3%
77	CAPRI HOLDINGS LIMITED SHS CPRI	CPRI	42,614	$754.3k0.07%	0.07%	Added +6.6k	+6,597 18.3%
78	MASTEC INC COM MTZ	MTZ	4,410	$751.6k0.07%	0.07%	New
79	HNI CORP COM HNI	HNI	15,278	$751.4k0.07%	0.07%	New
80	SKYWEST INC COM SKYW	SKYW	7,297	$751.4k0.07%	0.07%	New
81	WORLD KINECT CORPORATION COM WKC	WKC	26,452	$749.9k0.07%	0.07%	New
82	GLOBAL SHIP LEASE INC NEW COM CL A GSL	GSL	28,497	$749.8k0.07%	0.07%	Reduced -4.6k	-4,554 -13.8%
83	ARCHROCK INC COM AROC	AROC	30,026	$745.5k0.07%	0.07%	Reduced -49.9k	-49,929 -62.5%
84	TOAST INC CL A TOST	TOST	16,816	$744.8k0.07%	0.07%	Reduced -4.9k	-4,909 -22.6%
85	AERCAP HOLDINGS NV SHS AER	AER	6,332	$740.8k0.07%	0.07%	New
86	CNO FINL GROUP INC COM CNO	CNO	19,199	$740.7k0.07%	0.07%	Added +9.2k	+9,171 91.5%
87	PAN AMERN SILVER CORP COM PAAS	PAAS	25,915	$736.0k0.07%	0.07%	New
88	ACADIA HEALTHCARE COMPANY IN COM ACHC	ACHC	32,428	$735.8k0.07%	0.07%	Added +5.6k	+5,602 20.9%
89	EQUITABLE HLDGS INC COM EQH	EQH	13,115	$735.8k0.07%	0.07%	New
90	VICTORY CAP HLDGS INC COM CL A VCTR	VCTR	11,527	$733.9k0.06%	0.06%	Added +4.7k	+4,742 69.9%
91	KLAVIYO INC COM SER A KVYO	KVYO	21,758	$730.6k0.06%	0.06%	Added +9.3k	+9,326 75.0%
92	WILLIAMS SONOMA INC COM WSM	WSM	4,472	$730.6k0.06%	0.06%	New
93	COMMVAULT SYS INC COM CVLT	CVLT	4,182	$729.0k0.06%	0.06%	New
94	JACKSON FINANCIAL INC COM CL A JXN	JXN	8,207	$728.7k0.06%	0.06%	Reduced -1.2k	-1,231 -13.0%
95	JAMF HLDG CORP COM JAMF	JAMF	76,524	$727.7k0.06%	0.06%	New
96	RANGE RES CORP COM RRC	RRC	17,883	$727.3k0.06%	0.06%	New
97	COTY INC COM CL A COTY	COTY	155,851	$724.7k0.06%	0.06%	Added +90.7k	+90,675 139.1%
98	ANTERO RESOURCES CORP COM AR	AR	17,958	$723.3k0.06%	0.06%	Reduced -35.0k	-34,986 -66.1%
99	EVERQUOTE INC COM CL A EVER	EVER	29,557	$714.7k0.06%	0.06%	Reduced -47.4k	-47,368 -61.6%
100	RAPID7 INC COM RPD	RPD	30,842	$713.4k0.06%	0.06%	New

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
INVESCO EXCH TRADED FD TR II BKLN	BKLN	4,937,232	$102.2m4.9m shares
VANECK ETF TRUST HYD	HYD	950,000	$48.6m950.0k shares
SSGA ACTIVE ETF TR SRLN	SRLN	1,130,422	$46.5m1.1m shares
PGIM ETF TR PHYL	PHYL	100,000	$3.5m100.0k shares
BELLRING BRANDS INC BRBR	BRBR	28,773	$2.1m28.8k shares
CELLEBRITE DI LTD CLBT	CLBT	110,211	$2.1m110.2k shares
SHOALS TECHNOLOGIES GROUP IN SHLS	SHLS	627,341	$2.1m627.3k shares
COMPASS INC COMP	COMP	228,737	$2.0m228.7k shares
DOXIMITY INC DOCS	DOCS	34,284	$2.0m34.3k shares
EXLSERVICE HOLDINGS INC EXLS	EXLS	37,255	$1.8m37.3k shares
ROBINHOOD MKTS INC HOOD	HOOD	40,238	$1.7m40.2k shares
DOORDASH INC DASH	DASH	8,712	$1.6m8.7k shares
MERCADOLIBRE INC MELI	MELI	794	$1.5m794 shares
BAKER HUGHES COMPANY BKR	BKR	30,542	$1.3m30.5k shares
ALIGNMENT HEALTHCARE INC ALHC	ALHC	71,911	$1.3m71.9k shares
GENPACT LIMITED G	G	26,547	$1.3m26.5k shares
CHEWY INC CHWY	CHWY	40,780	$1.3m40.8k shares
GODADDY INC GDDY	GDDY	7,286	$1.3m7.3k shares
ENERGY TRANSFER L P ET	ET	70,577	$1.3m70.6k shares
OPTION CARE HEALTH INC OPCH	OPCH	37,351	$1.3m37.4k shares
INTERDIGITAL INC IDCC	IDCC	6,210	$1.3m6.2k shares
SPORTRADAR GROUP AG SRAD	SRAD	59,315	$1.3m59.3k shares
SPOTIFY TECHNOLOGY S A SPOT	SPOT	2,295	$1.3m2.3k shares
PERIMETER SOLUTIONS INC PRM	PRM	84,382	$849.7k84.4k shares
GROCERY OUTLET HLDG CORP GO	GO	60,527	$846.2k60.5k shares