Entropy Technologies, LP

NEW YORK, NY · CIK 1976151 · 13F filing filed 2026-08-13

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)

$2.5bn reported value +15.9% vs Q1 2026

929positions

7.6%in top 10

425 new 276 added 228 reduced 353 sold out vs Q1 2026

Holdings, Q2 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	NORTHROP GRUMMAN CORP COM NOC	NOC	37,576	$19.1m0.76%	0.76%	New
2	MASTERCARD INCORPORATED CL A MA	MA	37,122	$19.1m0.76%	0.76%	Added +1.9k	+1,913 5.4%
3	SHERWIN WILLIAMS CO COM SHW	SHW	55,371	$19.1m0.76%	0.76%	Added +25.3k	+25,253 83.8%
4	CONOCOPHILLIPS COM COP	COP	182,378	$19.0m0.75%	0.75%	Added +177.8k	+177,788 3873.4%
5	WELLS FARGO CO NEW COM WFC	WFC	229,295	$18.9m0.75%	0.75%	New
6	CAPITAL ONE FINL CORP COM COF	COF	94,438	$18.9m0.75%	0.75%	Added +54.8k	+54,796 138.2%
7	MCKESSON CORP COM MCK	MCK	25,067	$18.9m0.75%	0.75%	Added +20.1k	+20,132 407.9%
8	PEPSICO INC COM PEP	PEP	139,825	$18.9m0.75%	0.75%	Added +26.7k	+26,669 23.6%
9	OCCIDENTAL PETE CORP COM OXY	OXY	389,171	$18.9m0.75%	0.75%	Added +117.6k	+117,589 43.3%
10	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	47,513	$18.9m0.75%	0.75%	New
11	TRUIST FINL CORP COM TFC	TFC	372,477	$18.6m0.74%	0.74%	Added +171.9k	+171,854 85.7%
12	INTUIT COM INTU	INTU	69,622	$18.2m0.72%	0.72%	New
13	LAM RESEARCH CORP COM NEW LRCX	LRCX	41,853	$18.1m0.72%	0.72%	New
14	KRAFT HEINZ CO COM KHC	KHC	757,176	$17.9m0.71%	0.71%	Added +285.3k	+285,312 60.5%
15	DEVON ENERGY CORP NEW COM DVN	DVN	414,797	$17.1m0.68%	0.68%	New
16	ABBVIE INC COM ABBV	ABBV	64,317	$16.2m0.64%	0.64%	New
17	AMERICAN EXPRESS CO COM AXP	AXP	47,809	$16.2m0.64%	0.64%	Reduced -10.3k	-10,349 -17.8%
18	CME GROUP INC COM CME	CME	73,092	$16.1m0.64%	0.64%	Added +32.5k	+32,535 80.2%
19	BOSTON SCIENTIFIC CORP COM BSX	BSX	375,251	$16.0m0.64%	0.64%	Added +92.3k	+92,284 32.6%
20	PROCTER AND GAMBLE CO COM PG	PG	108,499	$15.9m0.63%	0.63%	New
21	APPLIED MATLS INC COM AMAT	AMAT	21,367	$15.4m0.61%	0.61%	Added +20.1k	+20,121 1614.8%
22	PARKER-HANNIFIN CORP COM PH	PH	15,636	$15.3m0.61%	0.61%	Reduced -2.0k	-1,967 -11.2%
23	REPUBLIC SVCS INC COM RSG	RSG	71,712	$15.3m0.61%	0.61%	Added +66.5k	+66,509 1278.3%
24	COMFORT SYS USA INC COM FIX	FIX	7,645	$15.2m0.60%	0.60%	Added +1.2k	+1,191 18.4%
25	CIENA CORP COM NEW CIEN	CIEN	28,706	$14.1m0.56%	0.56%	New
26	NUCOR CORP COM NUE	NUE	62,348	$13.9m0.55%	0.55%	New
27	AIRBNB INC COM CL A ABNB	ABNB	95,328	$13.6m0.54%	0.54%	New
28	DOW INC COM DOW	DOW	496,472	$13.6m0.54%	0.54%	Added +402.9k	+402,909 430.6%
29	EQUINIX INC COM EQIX	EQIX	13,010	$13.6m0.54%	0.54%	Added +9.8k	+9,811 306.7%
30	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	13,827	$13.3m0.53%	0.53%	Reduced -13.2k	-13,176 -48.8%
31	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	390,928	$13.3m0.53%	0.53%	Added +143.1k	+143,083 57.7%
32	ELI LILLY & CO COM LLY	LLY	11,052	$13.3m0.53%	0.53%	Added +2	+2 0.0%
33	MONSTER BEVERAGE CORP NEW COM MNST	MNST	137,787	$13.2m0.53%	0.53%	Added +21.0k	+20,952 17.9%
34	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	106,066	$13.1m0.52%	0.52%	Added +93.0k	+93,026 713.4%
35	MERCADOLIBRE INC COM MELI	MELI	7,682	$13.0m0.52%	0.52%	Reduced -78	-78 -1.0%
36	3M CO COM MMM	MMM	80,354	$13.0m0.52%	0.52%	Added +5.0k	+4,992 6.6%
37	T-MOBILE US INC COM TMUS	TMUS	77,469	$13.0m0.52%	0.52%	Added +49.4k	+49,376 175.8%
38	COPART INC COM CPRT	CPRT	448,695	$12.6m0.50%	0.50%	Added +224.1k	+224,090 99.8%
39	GILEAD SCIENCES INC COM GILD	GILD	99,958	$12.6m0.50%	0.50%	Added +25.3k	+25,267 33.8%
40	IDEXX LABS INC COM IDXX	IDXX	23,854	$12.6m0.50%	0.50%	Added +7.0k	+7,034 41.8%
41	FORTINET INC COM FTNT	FTNT	81,376	$12.5m0.50%	0.50%	Added +75.4k	+75,443 1271.6%
42	ALNYLAM PHARMACEUTICALS INC COM ALNY	ALNY	41,204	$12.4m0.49%	0.49%	Added +5.5k	+5,485 15.4%
43	NEWMONT CORP COM NEM	NEM	131,917	$12.3m0.49%	0.49%	Reduced -301	-301 -0.2%
44	SYNCHRONY FINANCIAL COM SYF	SYF	161,625	$12.3m0.49%	0.49%	Added +124.3k	+124,312 333.2%
45	TJX COS INC NEW COM TJX	TJX	80,437	$12.2m0.48%	0.48%	Reduced -18.5k	-18,471 -18.7%
46	TRANE TECHNOLOGIES PLC SHS TT	TT	24,561	$12.1m0.48%	0.48%	Reduced -17.7k	-17,666 -41.8%
47	PACCAR INC COM PCAR	PCAR	99,452	$11.9m0.48%	0.48%	New
48	LYONDELLBASELL INDUSTRIES N SHS - A - LYB	LYB	221,868	$11.7m0.46%	0.46%	New
49	BLACKROCK INC COM BLK	BLK	12,056	$11.6m0.46%	0.46%	Reduced -6.2k	-6,245 -34.1%
50	SHELL PLC SPON ADS SHEL	SHEL	146,446	$11.4m0.45%	0.45%	New
51	NEXTERA ENERGY INC COM NEE	NEE	128,364	$11.3m0.45%	0.45%	New
52	NOKIA CORP SPONSORED ADR NOK	NOK	847,895	$11.3m0.45%	0.45%	Added +668.8k	+668,752 373.3%
53	HARTFORD INSURANCE GROUP INC COM HIG	HIG	84,532	$11.2m0.45%	0.45%	New
54	NVIDIA CORPORATION COM NVDA	NVDA	53,691	$10.7m0.43%	0.43%	Added +15.2k	+15,180 39.4%
55	CITIGROUP INC COM NEW C	C	76,560	$10.7m0.43%	0.43%	New
56	HUBSPOT INC COM HUBS	HUBS	57,493	$10.5m0.42%	0.42%	New
57	CRH PLC ORD CRH	CRH	97,667	$10.5m0.42%	0.42%	Added +64.0k	+63,973 189.9%
58	ILLINOIS TOOL WKS INC COM ITW	ITW	36,119	$9.8m0.39%	0.39%	Added +21.3k	+21,295 143.7%
59	LIVE NATION ENTERTAINMENT IN COM LYV	LYV	53,123	$9.7m0.39%	0.39%	New
60	BOOKING HOLDINGS INC COM BKNG	BKNG	54,089	$9.6m0.38%	0.38%	Added +36.9k	+36,914 214.9%
61	ABBOTT LABS COM ABT	ABT	105,540	$9.6m0.38%	0.38%	Reduced -66.6k	-66,605 -38.7%
62	VISTRA CORP COM VST	VST	60,326	$9.6m0.38%	0.38%	Added +3.4k	+3,412 6.0%
63	MICROCHIP TECHNOLOGY INC. COM MCHP	MCHP	104,579	$9.5m0.38%	0.38%	New
64	SUNCOR ENERGY INC NEW COM SU	SU	176,315	$9.5m0.38%	0.38%	Added +134.4k	+134,449 321.1%
65	HALLIBURTON CO COM HAL	HAL	278,004	$9.4m0.38%	0.38%	Added +235.6k	+235,577 555.2%
66	DATADOG INC CL A COM DDOG	DDOG	36,205	$9.4m0.38%	0.38%	New
67	TERADYNE INC COM TER	TER	19,431	$9.4m0.37%	0.37%	Reduced -25.5k	-25,486 -56.7%
68	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	101,300	$9.3m0.37%	0.37%	Reduced -21.7k	-21,704 -17.6%
69	ATI INC COM ATI	ATI	45,851	$9.0m0.36%	0.36%	Added +26.8k	+26,825 141.0%
70	BARRICK MNG CORP COM SHS B	B	244,591	$9.0m0.36%	0.36%	Added +167.8k	+167,817 218.6%
71	REGENCY CTRS CORP COM REG	REG	112,611	$9.0m0.36%	0.36%	Added +85.8k	+85,791 319.9%
72	CELESTICA INC COM CLS	CLS	24,548	$9.0m0.36%	0.36%	Reduced -15.4k	-15,399 -38.5%
73	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	76,686	$8.9m0.36%	0.36%	Reduced -43.8k	-43,779 -36.3%
74	XCEL ENERGY INC COM XEL	XEL	111,059	$8.9m0.35%	0.35%	Added +28.4k	+28,427 34.4%
75	NXP SEMICONDUCTORS N V COM NXPI	NXPI	31,356	$8.8m0.35%	0.35%	Added +4.5k	+4,477 16.7%
76	BAKER HUGHES COMPANY CL A BKR	BKR	157,961	$8.8m0.35%	0.35%	New
77	META PLATFORMS INC CL A META	META	15,532	$8.7m0.35%	0.35%	Reduced -9.9k	-9,876 -38.9%
78	PG&E CORP COM PCG	PCG	518,791	$8.7m0.35%	0.35%	Reduced -484.4k	-484,402 -48.3%
79	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	16,428	$8.2m0.33%	0.33%	New
80	HCA HEALTHCARE INC COM HCA	HCA	21,119	$8.2m0.33%	0.33%	Added +20.2k	+20,236 2291.7%
81	GRACO INC COM GGG	GGG	108,101	$8.2m0.33%	0.33%	Added +84.1k	+84,113 350.6%
82	COREWEAVE INC COM CL A CRWV	CRWV	80,277	$8.0m0.32%	0.32%	New
83	ECOLAB INC COM ECL	ECL	28,468	$7.9m0.32%	0.32%	Added +15.8k	+15,816 125.0%
84	FORMFACTOR INC COM FORM	FORM	49,421	$7.9m0.31%	0.31%	Added +31.7k	+31,707 179.0%
85	FERGUSON ENTERPRISES INC COMMON STOCK NEW FERG	FERG	33,292	$7.9m0.31%	0.31%	Added +25.9k	+25,943 353.0%
86	AMEREN CORP COM AEE	AEE	68,416	$7.7m0.31%	0.31%	Added +7.5k	+7,493 12.3%
87	RTX CORPORATION COM RTX	RTX	40,756	$7.7m0.31%	0.31%	Reduced -24.5k	-24,453 -37.5%
88	LUMENTUM HLDGS INC COM LITE	LITE	8,915	$7.6m0.30%	0.30%	Reduced -6.8k	-6,766 -43.1%
89	PENTAIR PLC SHS PNR	PNR	99,464	$7.6m0.30%	0.30%	Reduced -22.1k	-22,074 -18.2%
90	AMERICAN INTL GROUP INC COM NEW AIG	AIG	100,064	$7.5m0.30%	0.30%	Added +71.4k	+71,443 249.6%
91	CENTERPOINT ENERGY INC COM CNP	CNP	168,704	$7.4m0.30%	0.30%	Reduced -146.1k	-146,104 -46.4%
92	COSTCO WHSL CORP NEW COM COST	COST	7,925	$7.4m0.30%	0.30%	Reduced -9.9k	-9,860 -55.4%
93	JPMORGAN CHASE & CO COM JPM	JPM	22,416	$7.3m0.29%	0.29%	New
94	PUBLIC SVC ENTERPRISE GRP IN COM PEG	PEG	89,803	$7.3m0.29%	0.29%	New
95	AVERY DENNISON CORP COM AVY	AVY	44,877	$7.3m0.29%	0.29%	Added +23.0k	+23,014 105.3%
96	KINROSS GOLD CORP COM KGC	KGC	301,442	$7.1m0.28%	0.28%	Added +74.5k	+74,475 32.8%
97	FIRST HORIZON CORPORATION COM FHN	FHN	277,423	$7.1m0.28%	0.28%	Added +194.6k	+194,581 234.9%
98	ADVANCED ENERGY INDS COM AEIS	AEIS	18,672	$7.0m0.28%	0.28%	New
99	VALERO ENERGY CORP COM VLO	VLO	26,288	$6.8m0.27%	0.27%	Reduced -31.1k	-31,080 -54.2%
100	XPO INC COM XPO	XPO	33,302	$6.8m0.27%	0.27%	Added +20.4k	+20,433 158.8%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
CHENIERE ENERGY INC LNG	LNG	62,758	$17.8m62.8k shares
COLGATE PALMOLIVE CO CL	CL	207,329	$17.7m207.3k shares
CHEVRON CORP NEW CVX	CVX	85,325	$17.7m85.3k shares
DISNEY WALT CO DIS	DIS	182,496	$17.6m182.5k shares
MICROSOFT CORP MSFT	MSFT	47,402	$17.5m47.4k shares
BROADCOM INC AVGO	AVGO	52,841	$16.4m52.8k shares
WESTERN DIGITAL CORP WDC	WDC	55,665	$15.1m55.7k shares
ROCKET LAB CORP RKLB	RKLB	229,692	$14.8m229.7k shares
AMERICAN TOWER CORP NEW AMT	AMT	83,659	$14.4m83.7k shares
METLIFE INC MET	MET	192,996	$13.6m193.0k shares
UNITED RENTALS INC URI	URI	18,515	$13.5m18.5k shares
AUTOMATIC DATA PROCESSING IN ADP	ADP	61,545	$12.5m61.5k shares
BLACKSTONE INC BX	BX	100,845	$11.6m100.8k shares
INTERNATIONAL BUSINESS MACHS IBM	IBM	40,997	$9.9m41.0k shares
SBA COMMUNICATIONS CORP NEW SBAC	SBAC	51,407	$8.8m51.4k shares
CREDO TECHNOLOGY GROUP HOLDI CRDO	CRDO	91,409	$8.6m91.4k shares
VISA INC V	V	28,222	$8.5m28.2k shares
GOLDMAN SACHS GROUP INC GS	GS	9,740	$8.2m9.7k shares
BROOKFIELD CORP BN	BN	180,092	$7.3m180.1k shares
REGIONS FINANCIAL CORP NEW RF	RF	270,353	$7.1m270.4k shares
ADOBE INC ADBE	ADBE	28,930	$7.0m28.9k shares
NASDAQ INC NDAQ	NDAQ	81,745	$6.9m81.7k shares
BALL CORP BALL	BALL	117,131	$6.9m117.1k shares
LENNAR CORP LEN	LEN	78,944	$6.9m78.9k shares
ACCENTURE PLC IRELAND ACN	ACN	34,244	$6.8m34.2k shares