Alta Fox Concentrates on Tech & Cyclical Growth
Connor Haley's portfolio at Alta Fox Capital Management shows heavy concentration in Technology and Consumer Cyclical stocks as of December 31, 2025.
Portfolio Snapshot
As of December 31, 2025, Connor Haley's portfolio at Alta Fox Capital Management is heavily concentrated in specific sectors, with Technology and Consumer Cyclical stocks forming the core of the holdings.
Top Holdings by Value
- NCR ATLEOS CORPORATION (NATL): Holds 16.0% of the portfolio value.
- DAKTRONICS INC (DAKT): Represents 15.88% of the portfolio value.
- XPEL INC (XPEL): Accounts for 15.49% of the portfolio value.
- CARGURUS INC (CARG): Holds 10.51% of the portfolio value.
- BRIGHTSPRING HEALTH SVCS INC (BTSG): Represents 9.97% of the portfolio value.
- RESIDEO TECHNOLOGIES INC (REZI): Accounts for 9.57% of the portfolio value.
- TRIMAS CORP (TRS): Holds 4.3% of the portfolio value.
- FAIR ISAAC CORP (FICO): Accounts for 4.3% of the portfolio value.
- ARES MANAGEMENT CORPORATION (ARES): Represents 3.5% of the portfolio value.
- FIGS INC (FIGS): Holds 2.14% of the portfolio value.
Sector Allocation
The portfolio demonstrates significant concentration, particularly in the Technology sector. NATL, DAKT, and FICO all belong to this sector, collectively representing approximately 36.45% of the portfolio value. Consumer Cyclical stocks, including XPEL, CARG, and FIGS, make up another substantial portion, totaling around 27.13% of the portfolio value. Healthcare (BTSG) and Industrials (REZI) also feature prominently, while Financial Services (ARES) holds a smaller but notable allocation.
Recent Changes in Holdings
The portfolio has seen significant changes in share counts for several holdings during the reporting period:
XPEL INC (XPEL): Experienced a massive increase of 2392.94% in its portfolio allocation, driven by a large increase in shares held.
BRIGHTSPRING HEALTH SVCS INC (BTSG): Also saw a substantial increase, with a 168.72% change in its portfolio allocation.
DAKTRONICS INC (DAKT): Holdings decreased significantly, with a 15.74% reduction in its portfolio allocation.
NCR ATLEOS CORPORATION (NATL): Holdings decreased slightly, with a 1.18% reduction in its portfolio allocation.
FIGS INC (FIGS): Holdings decreased, with a 3.71% reduction in its portfolio allocation.
TRIMAS CORP (TRS): Holdings increased, with a 67.6% change in its portfolio allocation.
ARES MANAGEMENT CORPORATION (ARES): Holdings increased, with a 26.81% change in its portfolio allocation.
FICO and DAKT also saw decreases in shares held, while NATL experienced a small decrease.
Investment Strategy Analysis
The portfolio's structure suggests a strategy focused on growth potential within specific high-value sectors. The heavy concentration in Technology and Consumer Cyclical sectors indicates a tilt towards companies potentially benefiting from technological advancements and economic recovery, respectively. The significant increase in XPEL's allocation points towards a conviction in its growth prospects. The substantial reduction in DAKT's position suggests a reversal of a previous strategy or underperformance. The overall strategy appears to involve concentrated bets on specific companies within targeted sectors, rather than broad diversification.