Entropy Technologies, LP

NEW YORK, NY · CIK 1976151 · 13F filing filed 2026-02-13

SEC-registered investment adviser since 2023 · limited partnership

Assets managed$2.2bn
Staff16 · 2 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $1.2bn gross assets
Form ADV · 2026-03-20SEC adviser record

Legal entityENTROPY TECHNOLOGIES, LP (US)

$1.8bn reported value +37.9% vs Q3 2025

849positions

8.0%in top 10

433 new 246 added 170 reduced 368 sold out vs Q3 2025

Holdings, Q4 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	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	83,390	$14.8m0.80%	0.80%	Added +45.5k	+45,503 120.1%
2	EXXON MOBIL CORP COM XOM	XOM	123,161	$14.8m0.80%	0.80%	New
3	MICRON TECHNOLOGY INC COM MU	MU	51,881	$14.8m0.80%	0.80%	Reduced -26.7k	-26,746 -34.0%
4	SERVICENOW INC COM NOW	NOW	96,645	$14.8m0.80%	0.80%	New
5	NETFLIX INC COM NFLX	NFLX	157,783	$14.8m0.80%	0.80%	Added +110.5k	+110,543 234.0%
6	CITIGROUP INC COM NEW C	C	126,724	$14.8m0.80%	0.80%	Added +122.2k	+122,229 2719.2%
7	ABBOTT LABS COM ABT	ABT	118,024	$14.8m0.80%	0.80%	New
8	CONOCOPHILLIPS COM COP	COP	157,963	$14.8m0.80%	0.80%	Added +140.8k	+140,772 818.9%
9	EATON CORP PLC SHS ETN	ETN	46,422	$14.8m0.80%	0.80%	New
10	BOSTON SCIENTIFIC CORP COM BSX	BSX	155,026	$14.8m0.80%	0.80%	Added +89.7k	+89,743 137.5%
11	ADOBE INC COM ADBE	ADBE	42,215	$14.8m0.80%	0.80%	Added +26.0k	+25,966 159.8%
12	PROCTER AND GAMBLE CO COM PG	PG	103,082	$14.8m0.80%	0.80%	New
13	TRANE TECHNOLOGIES PLC SHS TT	TT	37,945	$14.8m0.80%	0.80%	New
14	AMERICAN TOWER CORP NEW COM AMT	AMT	84,096	$14.8m0.80%	0.80%	Added +21.6k	+21,555 34.5%
15	STRYKER CORPORATION COM SYK	SYK	42,005	$14.8m0.80%	0.80%	Added +33.3k	+33,274 381.1%
16	VISA INC COM CL A V	V	42,089	$14.8m0.80%	0.80%	Added +3.9k	+3,929 10.3%
17	AMERICAN EXPRESS CO COM AXP	AXP	39,868	$14.7m0.80%	0.80%	New
18	ALTRIA GROUP INC COM MO	MO	255,184	$14.7m0.80%	0.80%	New
19	MARSH & MCLENNAN COS INC COM MRSH	MRSH	79,288	$14.7m0.80%	0.80%	Added +18.9k	+18,859 31.2%
20	MASTERCARD INCORPORATED CL A MA	MA	25,453	$14.5m0.79%	0.79%	New
21	GE AEROSPACE COM NEW GE	GE	47,112	$14.5m0.79%	0.79%	Added +28.4k	+28,374 151.4%
22	SCHWAB CHARLES CORP COM SCHW	SCHW	143,912	$14.4m0.78%	0.78%	Added +111.8k	+111,802 348.2%
23	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	263,144	$14.2m0.77%	0.77%	Added +119.5k	+119,453 83.1%
24	AON PLC SHS CL A AON	AON	38,629	$13.6m0.74%	0.74%	Added +29.9k	+29,851 340.1%
25	COSTCO WHSL CORP NEW COM COST	COST	15,798	$13.6m0.74%	0.74%	Added +9.7k	+9,688 158.6%
26	TJX COS INC NEW COM TJX	TJX	87,418	$13.4m0.73%	0.73%	Added +17.7k	+17,667 25.3%
27	GE VERNOVA INC COM GEV	GEV	19,679	$12.9m0.70%	0.70%	Added +13.9k	+13,889 239.9%
28	REPUBLIC SVCS INC COM RSG	RSG	60,186	$12.8m0.69%	0.69%	Added +24.2k	+24,244 67.5%
29	CINTAS CORP COM CTAS	CTAS	67,786	$12.7m0.69%	0.69%	Added +56.2k	+56,167 483.4%
30	UNITED RENTALS INC COM URI	URI	15,602	$12.6m0.68%	0.68%	New
31	ROPER TECHNOLOGIES INC COM ROP	ROP	27,680	$12.3m0.67%	0.67%	Added +16.8k	+16,814 154.7%
32	COMCAST CORP NEW CL A CMCSA	CMCSA	398,871	$11.9m0.65%	0.65%	Added +27.9k	+27,872 7.5%
33	OCCIDENTAL PETE CORP COM OXY	OXY	285,202	$11.7m0.64%	0.64%	New
34	CRH PLC ORD CRH	CRH	92,753	$11.6m0.63%	0.63%	Added +41.3k	+41,302 80.3%
35	PG&E CORP COM PCG	PCG	698,067	$11.2m0.61%	0.61%	Added +460.7k	+460,671 194.1%
36	FISERV INC COM FISV	FISV	164,754	$11.1m0.60%	0.60%	Added +74.7k	+74,736 83.0%
37	VISTRA CORP COM VST	VST	68,448	$11.0m0.60%	0.60%	New
38	SANDISK CORP COM SNDK	SNDK	45,170	$10.7m0.58%	0.58%	Added +12.1k	+12,124 36.7%
39	TRUIST FINL CORP COM TFC	TFC	217,038	$10.7m0.58%	0.58%	New
40	WALMART INC COM WMT	WMT	94,595	$10.5m0.57%	0.57%	Reduced -31.3k	-31,320 -24.9%
41	EOG RES INC COM EOG	EOG	97,814	$10.3m0.56%	0.56%	Added +70.1k	+70,105 253.0%
42	KIMBERLY-CLARK CORP COM KMB	KMB	101,369	$10.2m0.55%	0.55%	Added +89.4k	+89,427 748.8%
43	WELLTOWER INC COM WELL	WELL	54,824	$10.2m0.55%	0.55%	Reduced -6.8k	-6,811 -11.1%
44	CARNIVAL CORP UNIT 99/99/9999 UNIT 99/99/9999		326,568	$10.0m0.54%	0.54%	Added +221.8k	+221,763 211.6%
45	WESTERN DIGITAL CORP COM WDC	WDC	56,381	$9.7m0.53%	0.53%	Added +5.7k	+5,749 11.3%
46	M & T BK CORP COM MTB	MTB	48,018	$9.7m0.52%	0.52%	Added +24.9k	+24,887 107.6%
47	AGILENT TECHNOLOGIES INC COM A	A	70,105	$9.5m0.52%	0.52%	New
48	MERCADOLIBRE INC COM MELI	MELI	4,728	$9.5m0.52%	0.52%	New
49	BLACKROCK INC COM BLK	BLK	8,541	$9.1m0.50%	0.50%	New
50	SHERWIN WILLIAMS CO COM SHW	SHW	27,953	$9.1m0.49%	0.49%	New
51	VICI PPTYS INC COM VICI	VICI	315,279	$8.9m0.48%	0.48%	Added +269.1k	+269,098 582.7%
52	LAS VEGAS SANDS CORP COM LVS	LVS	130,263	$8.5m0.46%	0.46%	New
53	DTE ENERGY CO COM DTE	DTE	64,342	$8.3m0.45%	0.45%	New
54	FREEPORT-MCMORAN INC CL B FCX	FCX	159,852	$8.1m0.44%	0.44%	New
55	EDISON INTL COM EIX	EIX	133,271	$8.0m0.43%	0.43%	Added +80.9k	+80,938 154.7%
56	AT&T INC COM T	T	314,773	$7.8m0.42%	0.42%	Added +211.1k	+211,135 203.7%
57	CBRE GROUP INC CL A CBRE	CBRE	47,872	$7.7m0.42%	0.42%	Added +31.1k	+31,107 185.6%
58	CREDO TECHNOLOGY GROUP HOLDI ORDINARY SHARES CRDO	CRDO	53,240	$7.7m0.42%	0.42%	Added +39.1k	+39,066 275.6%
59	BLOOM ENERGY CORP COM CL A BE	BE	87,200	$7.6m0.41%	0.41%	Added +62.2k	+62,217 249.0%
60	ROBLOX CORP CL A RBLX	RBLX	92,802	$7.5m0.41%	0.41%	New
61	OTIS WORLDWIDE CORP COM OTIS	OTIS	84,667	$7.4m0.40%	0.40%	Added +57.8k	+57,837 215.6%
62	T-MOBILE US INC COM TMUS	TMUS	36,117	$7.3m0.40%	0.40%	Added +18.6k	+18,573 105.9%
63	HONEYWELL INTL INC COM COM		37,339	$7.3m0.40%	0.40%	Reduced -23.1k	-23,139 -38.3%
64	HUBSPOT INC COM HUBS	HUBS	18,148	$7.3m0.40%	0.40%	New
65	TERADYNE INC COM TER	TER	36,787	$7.1m0.39%	0.39%	New
66	ROYAL CARIBBEAN GROUP COM RCL	RCL	25,245	$7.0m0.38%	0.38%	New
67	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	27,204	$7.0m0.38%	0.38%	New
68	DEVON ENERGY CORP NEW COM DVN	DVN	189,658	$6.9m0.38%	0.38%	Added +3.4k	+3,431 1.8%
69	VENTAS INC COM VTR	VTR	88,926	$6.9m0.37%	0.37%	Reduced -16.1k	-16,071 -15.3%
70	XCEL ENERGY INC COM XEL	XEL	92,421	$6.8m0.37%	0.37%	New
71	VEEVA SYS INC CL A COM VEEV	VEEV	30,246	$6.8m0.37%	0.37%	New
72	ZOETIS INC CL A ZTS	ZTS	53,175	$6.7m0.36%	0.36%	Added +21.3k	+21,330 67.0%
73	SCHLUMBERGER LTD COM STK SLB	SLB	170,018	$6.5m0.35%	0.35%	Reduced -98.6k	-98,578 -36.7%
74	ALNYLAM PHARMACEUTICALS INC COM ALNY	ALNY	16,097	$6.4m0.35%	0.35%	Reduced -1.1k	-1,084 -6.3%
75	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	11,020	$6.4m0.35%	0.35%	New
76	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	5,980	$6.4m0.35%	0.35%	New
77	FIRSTENERGY CORP COM FE	FE	142,477	$6.4m0.35%	0.35%	New
78	PPG INDS INC COM PPG	PPG	61,784	$6.3m0.34%	0.34%	Added +27.5k	+27,493 80.2%
79	MICROCHIP TECHNOLOGY INC. COM MCHP	MCHP	97,385	$6.2m0.34%	0.34%	Added +83.3k	+83,346 593.7%
80	RPM INTL INC COM RPM	RPM	59,561	$6.2m0.34%	0.34%	Added +53.6k	+53,573 894.7%
81	SYSCO CORP COM SYY	SYY	83,305	$6.1m0.33%	0.33%	New
82	MONGODB INC CL A MDB	MDB	14,416	$6.1m0.33%	0.33%	New
83	AUTODESK INC COM ADSK	ADSK	20,302	$6.0m0.33%	0.33%	Added +18.9k	+18,902 1350.1%
84	METLIFE INC COM MET	MET	74,932	$5.9m0.32%	0.32%	New
85	GUIDEWIRE SOFTWARE INC COM GWRE	GWRE	29,039	$5.8m0.32%	0.32%	New
86	JABIL INC COM JBL	JBL	25,581	$5.8m0.32%	0.32%	Added +14.7k	+14,651 134.0%
87	CONSTELLATION ENERGY CORP COM CEG	CEG	16,464	$5.8m0.32%	0.32%	Added +14.0k	+13,979 562.5%
88	FIDELITY NATL INFORMATION SV COM FIS	FIS	86,292	$5.7m0.31%	0.31%	Added +42.1k	+42,130 95.4%
89	VERISIGN INC COM VRSN	VRSN	23,393	$5.7m0.31%	0.31%	New
90	ILLINOIS TOOL WKS INC COM ITW	ITW	22,841	$5.6m0.31%	0.31%	New
91	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	42,496	$5.5m0.30%	0.30%	Added +25.6k	+25,576 151.2%
92	LUMENTUM HLDGS INC COM LITE	LITE	15,031	$5.5m0.30%	0.30%	Reduced -13.1k	-13,087 -46.5%
93	CROWN CASTLE INC COM CCI	CCI	62,247	$5.5m0.30%	0.30%	Added +45.2k	+45,159 264.3%
94	MOLSON COORS BEVERAGE CO CL B TAP	TAP	117,939	$5.5m0.30%	0.30%	New
95	GODADDY INC CL A GDDY	GDDY	43,995	$5.5m0.30%	0.30%	Added +34.9k	+34,880 382.7%
96	AMERICAN INTL GROUP INC COM NEW AIG	AIG	63,530	$5.4m0.29%	0.29%	New
97	MONSTER BEVERAGE CORP NEW COM MNST	MNST	70,884	$5.4m0.29%	0.29%	New
98	KINDER MORGAN INC DEL COM KMI	KMI	196,835	$5.4m0.29%	0.29%	New
99	FLEX LTD ORD FLEX	FLEX	87,883	$5.3m0.29%	0.29%	Added +29.3k	+29,336 50.1%
100	CULLEN FROST BANKERS INC COM CFR	CFR	41,863	$5.3m0.29%	0.29%	Added +32.7k	+32,670 355.4%

Sold out since Q3 2025

Security	Ticker	Shares held before	Value then
CHEVRON CORP NEW CVX	CVX	83,952	$13.0m84.0k shares
COCA COLA CO KO	KO	195,646	$13.0m195.6k shares
NVIDIA CORPORATION NVDA	NVDA	60,635	$11.3m60.6k shares
BROADCOM INC AVGO	AVGO	34,208	$11.3m34.2k shares
ACCENTURE PLC IRELAND ACN	ACN	36,626	$9.0m36.6k shares
INTUITIVE SURGICAL INC ISRG	ISRG	19,606	$8.8m19.6k shares
MERCK & CO INC MRK	MRK	100,501	$8.4m100.5k shares
META PLATFORMS INC META	META	11,459	$8.4m11.5k shares
WASTE CONNECTIONS INC WCN	WCN	43,532	$7.7m43.5k shares
AMERICAN AIRLS GROUP INC AAL	AAL	669,600	$7.5m669.6k shares
DOVER CORP DOV	DOV	43,950	$7.3m44.0k shares
APPLOVIN CORP APP	APP	9,238	$6.6m9.2k shares
PRUDENTIAL FINL INC PRU	PRU	62,376	$6.5m62.4k shares
CHUBB LIMITED CB	CB	21,220	$6.0m21.2k shares
DOMINOS PIZZA INC DPZ	DPZ	13,400	$5.8m13.4k shares
NORTHROP GRUMMAN CORP NOC	NOC	9,445	$5.8m9.4k shares
DANAHER CORPORATION DHR	DHR	28,307	$5.6m28.3k shares
SALESFORCE INC CRM	CRM	23,598	$5.6m23.6k shares
PAYCHEX INC PAYX	PAYX	43,767	$5.5m43.8k shares
ALLSTATE CORP ALL	ALL	25,438	$5.5m25.4k shares
CONSOLIDATED EDISON INC ED	ED	52,216	$5.2m52.2k shares
PROGRESSIVE CORP PGR	PGR	21,139	$5.2m21.1k shares
STEEL DYNAMICS INC STLD	STLD	34,537	$4.8m34.5k shares
TARGA RES CORP TRGP	TRGP	28,572	$4.8m28.6k shares
PROSPERITY BANCSHARES INC PB	PB	68,355	$4.5m68.4k shares