Entropy Technologies, LP

NEW YORK, NY · CIK 1976151 · 13F filing filed 2026-05-14

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)

$2.2bn reported value +17.6% vs Q4 2025

857positions

8.2%in top 10

369 new 289 added 199 reduced 361 sold out vs Q4 2025

Holdings, Q1 2026

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	CHENIERE ENERGY INC COM NEW LNG	LNG	62,758	$17.8m0.82%	0.82%	Added +43.0k	+42,966 217.1%
2	BOSTON SCIENTIFIC CORP COM BSX	BSX	282,967	$17.8m0.82%	0.82%	Added +127.9k	+127,941 82.5%
3	COSTCO WHSL CORP NEW COM COST	COST	17,785	$17.7m0.82%	0.82%	Added +2.0k	+1,987 12.6%
4	ABBOTT LABS COM ABT	ABT	172,145	$17.7m0.82%	0.82%	Added +54.1k	+54,121 45.9%
5	COLGATE PALMOLIVE CO COM CL	CL	207,329	$17.7m0.82%	0.82%	New
6	FEDEX CORP COM FDX	FDX	49,567	$17.7m0.81%	0.81%	Added +47.9k	+47,895 2864.5%
7	CHEVRON CORP NEW COM CVX	CVX	85,325	$17.7m0.81%	0.81%	New
8	OCCIDENTAL PETE CORP COM OXY	OXY	271,582	$17.7m0.81%	0.81%	Reduced -13.6k	-13,620 -4.8%
9	LOCKHEED MARTIN CORP COM LMT	LMT	29,198	$17.6m0.81%	0.81%	Added +25.8k	+25,798 758.8%
10	MEDTRONIC PLC SHS MDT	MDT	203,577	$17.6m0.81%	0.81%	New
11	PG&E CORP COM PCG	PCG	1,003,193	$17.6m0.81%	0.81%	Added +305.1k	+305,126 43.7%
12	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	120,465	$17.6m0.81%	0.81%	Added +37.1k	+37,075 44.5%
13	BLACKROCK INC COM BLK	BLK	18,301	$17.6m0.81%	0.81%	Added +9.8k	+9,760 114.3%
14	TRANE TECHNOLOGIES PLC SHS TT	TT	42,227	$17.6m0.81%	0.81%	Added +4.3k	+4,282 11.3%
15	MASTERCARD INCORPORATED CL A MA	MA	35,209	$17.6m0.81%	0.81%	Added +9.8k	+9,756 38.3%
16	AMERICAN EXPRESS CO COM AXP	AXP	58,158	$17.6m0.81%	0.81%	Added +18.3k	+18,290 45.9%
17	DISNEY WALT CO COM DIS	DIS	182,496	$17.6m0.81%	0.81%	Added +139.5k	+139,545 324.9%
18	PEPSICO INC COM PEP	PEP	113,156	$17.6m0.81%	0.81%	New
19	MICROSOFT CORP COM MSFT	MSFT	47,402	$17.5m0.81%	0.81%	New
20	BROADCOM INC COM AVGO	AVGO	52,841	$16.4m0.75%	0.75%	New
21	TJX COS INC NEW COM TJX	TJX	98,908	$15.8m0.73%	0.73%	Added +11.5k	+11,490 13.1%
22	PARKER-HANNIFIN CORP COM PH	PH	17,603	$15.8m0.73%	0.73%	Added +15.8k	+15,780 865.6%
23	SANDISK CORP COM SNDK	SNDK	24,441	$15.5m0.72%	0.72%	Reduced -20.7k	-20,729 -45.9%
24	WESTERN DIGITAL CORP COM WDC	WDC	55,665	$15.1m0.69%	0.69%	Reduced -716	-716 -1.3%
25	ROCKET LAB CORP COM RKLB	RKLB	229,692	$14.8m0.68%	0.68%	Added +174.6k	+174,575 316.7%
26	META PLATFORMS INC CL A META	META	25,408	$14.5m0.67%	0.67%	New
27	SOFI TECHNOLOGIES INC COM SOFI	SOFI	910,600	$14.5m0.67%	0.67%	New
28	AMERICAN TOWER CORP NEW COM AMT	AMT	83,659	$14.4m0.67%	0.67%	Reduced -437	-437 -0.5%
29	NEWMONT CORP COM NEM	NEM	132,218	$14.3m0.66%	0.66%	Added +95.1k	+95,113 256.3%
30	VALERO ENERGY CORP COM VLO	VLO	57,368	$14.2m0.65%	0.65%	Added +46.6k	+46,644 434.9%
31	ALTRIA GROUP INC COM MO	MO	207,909	$13.7m0.63%	0.63%	Reduced -47.3k	-47,275 -18.5%
32	METLIFE INC COM MET	MET	192,996	$13.6m0.63%	0.63%	Added +118.1k	+118,064 157.6%
33	CENTERPOINT ENERGY INC COM CNP	CNP	314,808	$13.6m0.63%	0.63%	New
34	UNITED RENTALS INC COM URI	URI	18,515	$13.5m0.62%	0.62%	Added +2.9k	+2,913 18.7%
35	MERCADOLIBRE INC COM MELI	MELI	7,760	$13.4m0.62%	0.62%	Added +3.0k	+3,032 64.1%
36	TERADYNE INC COM TER	TER	44,917	$13.3m0.61%	0.61%	Added +8.1k	+8,130 22.1%
37	RTX CORPORATION COM RTX	RTX	65,209	$12.6m0.58%	0.58%	Added +43.1k	+43,052 194.3%
38	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	61,545	$12.5m0.58%	0.58%	Added +34.3k	+34,341 126.2%
39	CME GROUP INC COM CME	CME	40,557	$12.0m0.55%	0.55%	New
40	ALNYLAM PHARMACEUTICALS INC COM ALNY	ALNY	35,719	$11.8m0.55%	0.55%	Added +19.6k	+19,622 121.9%
41	BLACKSTONE INC COM BX	BX	100,845	$11.6m0.53%	0.53%	Added +86.6k	+86,557 605.8%
42	CUMMINS INC COM CMI	CMI	21,106	$11.4m0.52%	0.52%	Added +16.7k	+16,706 379.7%
43	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	123,004	$11.4m0.52%	0.52%	New
44	CELESTICA INC COM CLS	CLS	39,947	$11.3m0.52%	0.52%	Added +27.5k	+27,478 220.4%
45	LUMENTUM HLDGS INC COM LITE	LITE	15,681	$11.0m0.51%	0.51%	Added +650	+650 4.3%
46	3M CO COM MMM	MMM	75,362	$10.9m0.50%	0.50%	New
47	KRAFT HEINZ CO COM KHC	KHC	471,864	$10.6m0.49%	0.49%	Added +451.8k	+451,776 2249.0%
48	PENTAIR PLC SHS PNR	PNR	121,538	$10.6m0.49%	0.49%	Added +94.3k	+94,275 345.8%
49	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	27,003	$10.6m0.49%	0.49%	Added +8.3k	+8,272 44.2%
50	GILEAD SCIENCES INC COM GILD	GILD	74,691	$10.4m0.48%	0.48%	New
51	HECLA MNG CO COM HL	HL	555,425	$10.3m0.48%	0.48%	Added +453.3k	+453,301 443.9%
52	JOHNSON CTLS INTL PLC SHS JCI	JCI	77,636	$10.2m0.47%	0.47%	New
53	ELI LILLY & CO COM LLY	LLY	11,050	$10.2m0.47%	0.47%	New
54	AGILENT TECHNOLOGIES INC COM A	A	88,083	$10.0m0.46%	0.46%	Added +18.0k	+17,978 25.6%
55	CROWN HLDGS INC COM CCK	CCK	99,476	$10.0m0.46%	0.46%	Added +66.9k	+66,862 205.0%
56	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	40,997	$9.9m0.46%	0.46%	Added +39.6k	+39,558 2749.0%
57	BLOOM ENERGY CORP COM CL A BE	BE	71,959	$9.7m0.45%	0.45%	Reduced -15.2k	-15,241 -17.5%
58	LAS VEGAS SANDS CORP COM LVS	LVS	180,700	$9.7m0.45%	0.45%	Added +50.4k	+50,437 38.7%
59	SHERWIN WILLIAMS CO COM SHW	SHW	30,118	$9.7m0.45%	0.45%	Added +2.2k	+2,165 7.8%
60	IDEXX LABS INC COM IDXX	IDXX	16,820	$9.5m0.44%	0.44%	Added +14.7k	+14,741 709.0%
61	PAN AMERN SILVER CORP COM PAAS	PAAS	169,905	$9.3m0.43%	0.43%	New
62	HUNT J B TRANS SVCS INC COM JBHT	JBHT	43,579	$9.2m0.43%	0.43%	Added +38.7k	+38,744 801.3%
63	TRUIST FINL CORP COM TFC	TFC	200,623	$9.2m0.43%	0.43%	Reduced -16.4k	-16,415 -7.6%
64	WASTE CONNECTIONS INC COM WCN	WCN	56,433	$9.2m0.42%	0.42%	New
65	LENNOX INTL INC COM LII	LII	19,278	$8.9m0.41%	0.41%	Added +15.5k	+15,505 410.9%
66	COMFORT SYS USA INC COM FIX	FIX	6,454	$8.9m0.41%	0.41%	Added +2.0k	+2,049 46.5%
67	GENERAL DYNAMICS CORP COM GD	GD	25,855	$8.9m0.41%	0.41%	Added +18.5k	+18,521 252.5%
68	SBA COMMUNICATIONS CORP NEW CL A SBAC	SBAC	51,407	$8.8m0.41%	0.41%	New
69	CREDO TECHNOLOGY GROUP HOLDI ORDINARY SHARES CRDO	CRDO	91,409	$8.6m0.40%	0.40%	Added +38.2k	+38,169 71.7%
70	VISTRA CORP COM VST	VST	56,914	$8.6m0.39%	0.39%	Reduced -11.5k	-11,534 -16.9%
71	VISA INC COM CL A V	V	28,222	$8.5m0.39%	0.39%	Reduced -13.9k	-13,867 -33.0%
72	UNITED AIRLS HLDGS INC COM UAL	UAL	92,100	$8.5m0.39%	0.39%	Added +74.7k	+74,715 429.8%
73	MONSTER BEVERAGE CORP NEW COM MNST	MNST	116,835	$8.5m0.39%	0.39%	Added +46.0k	+45,951 64.8%
74	RESMED INC COM RMD	RMD	37,619	$8.4m0.39%	0.39%	Added +19.3k	+19,298 105.3%
75	GOLDMAN SACHS GROUP INC COM GS	GS	9,740	$8.2m0.38%	0.38%	New
76	SAP SE SPON ADR SAP	SAP	47,655	$8.2m0.38%	0.38%	Added +28.9k	+28,943 154.7%
77	GE AEROSPACE COM NEW GE	GE	28,554	$8.1m0.37%	0.37%	Reduced -18.6k	-18,558 -39.4%
78	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	247,845	$7.9m0.37%	0.37%	New
79	EVERCORE INC CLASS A EVR	EVR	25,911	$7.7m0.36%	0.36%	New
80	BROADRIDGE FINL SOLUTIONS IN COM BR	BR	47,146	$7.7m0.35%	0.35%	Added +34.4k	+34,418 270.4%
81	COPART INC COM CPRT	CPRT	224,605	$7.5m0.34%	0.34%	Added +161.8k	+161,821 257.7%
82	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	26,461	$7.4m0.34%	0.34%	Added +23.7k	+23,746 874.6%
83	DTE ENERGY CO COM DTE	DTE	50,126	$7.3m0.34%	0.34%	Reduced -14.2k	-14,216 -22.1%
84	BROOKFIELD CORP CL A LTD VT SH BN	BN	180,092	$7.3m0.34%	0.34%	New
85	CAPITAL ONE FINL CORP COM COF	COF	39,642	$7.2m0.33%	0.33%	New
86	REGIONS FINANCIAL CORP NEW COM RF	RF	270,353	$7.1m0.33%	0.33%	Added +219.1k	+219,076 427.2%
87	ADOBE INC COM ADBE	ADBE	28,930	$7.0m0.32%	0.32%	Reduced -13.3k	-13,285 -31.5%
88	NASDAQ INC COM NDAQ	NDAQ	81,745	$6.9m0.32%	0.32%	Added +67.8k	+67,824 487.2%
89	KINROSS GOLD CORP COM KGC	KGC	226,967	$6.9m0.32%	0.32%	Added +84.3k	+84,273 59.1%
90	BALL CORP COM BALL	BALL	117,131	$6.9m0.32%	0.32%	Added +47.4k	+47,367 67.9%
91	LENNAR CORP CL A LEN	LEN	78,944	$6.9m0.32%	0.32%	New
92	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	34,244	$6.8m0.31%	0.31%	New
93	NVIDIA CORPORATION COM NVDA	NVDA	38,511	$6.7m0.31%	0.31%	New
94	AMEREN CORP COM AEE	AEE	60,923	$6.7m0.31%	0.31%	New
95	CUBESMART COM CUBE	CUBE	180,056	$6.6m0.30%	0.30%	Added +110.9k	+110,864 160.2%
96	XCEL ENERGY INC COM XEL	XEL	82,632	$6.6m0.30%	0.30%	Reduced -9.8k	-9,789 -10.6%
97	TYSON FOODS INC CL A TSN	TSN	102,144	$6.5m0.30%	0.30%	Added +13.5k	+13,537 15.3%
98	ALCOA CORP COM AA	AA	98,017	$6.5m0.30%	0.30%	Added +88.4k	+88,352 914.1%
99	AMERICAN AIRLS GROUP INC COM AAL	AAL	598,031	$6.4m0.30%	0.30%	New
100	STRYKER CORPORATION COM SYK	SYK	19,405	$6.4m0.29%	0.29%	Reduced -22.6k	-22,600 -53.8%

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
EXXON MOBIL CORP XOM	XOM	123,161	$14.8m123.2k shares
SERVICENOW INC NOW	NOW	96,645	$14.8m96.6k shares
NETFLIX INC NFLX	NFLX	157,783	$14.8m157.8k shares
CITIGROUP INC C	C	126,724	$14.8m126.7k shares
EATON CORP PLC ETN	ETN	46,422	$14.8m46.4k shares
PROCTER AND GAMBLE CO PG	PG	103,082	$14.8m103.1k shares
SCHWAB CHARLES CORP SCHW	SCHW	143,912	$14.4m143.9k shares
GE VERNOVA INC GEV	GEV	19,679	$12.9m19.7k shares
CINTAS CORP CTAS	CTAS	67,786	$12.7m67.8k shares
FISERV INC FISV	FISV	164,754	$11.1m164.8k shares
WALMART INC WMT	WMT	94,595	$10.5m94.6k shares
EOG RES INC EOG	EOG	97,814	$10.3m97.8k shares
WELLTOWER INC WELL	WELL	54,824	$10.2m54.8k shares
CARNIVAL CORP		326,568	$10.0m326.6k shares
VICI PPTYS INC VICI	VICI	315,279	$8.9m315.3k shares
FREEPORT-MCMORAN INC FCX	FCX	159,852	$8.1m159.9k shares
EDISON INTL EIX	EIX	133,271	$8.0m133.3k shares
AT&T INC T	T	314,773	$7.8m314.8k shares
HONEYWELL INTL INC		37,339	$7.3m37.3k shares
HUBSPOT INC HUBS	HUBS	18,148	$7.3m18.1k shares
DEVON ENERGY CORP NEW DVN	DVN	189,658	$6.9m189.7k shares
ZOETIS INC ZTS	ZTS	53,175	$6.7m53.2k shares
SPOTIFY TECHNOLOGY S A SPOT	SPOT	11,020	$6.4m11.0k shares
ASML HOLDING N V ASML	ASML	5,980	$6.4m6.0k shares
FIRSTENERGY CORP FE	FE	142,477	$6.4m142.5k shares