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L2 Asset Management, LLC

CIK:0001686988
Hedge Fund
$820M AUM
361 holdings
Boston, MA, United States
Founded:2015
7 employees
Latest filing:Jun 30, 2025

L2 Asset Management, LLC is an SEC-registered investment advisory and hedge fund firm headquartered in Boston, MA. Founded by partners with backgrounds in academia and quantitative finance, the firm specializes in systematic, evidence-based equity investing for institutional clients and financial advisors. L2 was established circa 2015, employs approximately 5-7 professionals, and manages both pooled vehicles and separately managed accounts. The team has deep experience publishing academic research and building large-scale investment products.

Investment Strategy

L2 Asset Management combines quantitative and fundamental analysis to create systematic, process-driven equity investment portfolios. Avoiding star decision-makers, the firm emphasizes disciplined portfolio construction, rigorous idea scrutiny, and empirical research. L2 strives for evidence-based active management priced competitively against passive strategies, focusing on delivering robust, repeatable investment processes and transparent communication to institutions and financial professionals.

Top Buys
C
COFCAPITAL ONE FINL CORP
+$6.8M
N
NVDANVIDIA CORPORATION
+$5.7M
M
MSFTMICROSOFT CORP
+$5.0M
D
DVADAVITA INC
+$3.7M
V
VOOVANGUARD INDEX FDS
+$3.6M
Top Sells
D
DFSDISCOVER FINL SVCS
-$5.5M
H
HOLXHOLOGIC INC
-$2.2M
W
WSMWILLIAMS SONOMA INC
-$2.2M
D
DKSDICKS SPORTING GOODS INC
-$2.1M
A
APPAPPLOVIN CORP
-$2.1M

Top Holdings

S
SGOVISHARES TR
+3.7%$22.7M
M
MSFTMICROSOFT CORP
+3.0%$18.1M
N
NVDANVIDIA CORPORATION
+2.7%$16.6M
M
METAMETA PLATFORMS INC
+2.5%$15.2M
S
SCHISCHWAB STRATEGIC TR
+2.4%$14.8M

Equity Positions (357)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
S
SGOV
ISHARES TR3.71%$22.7M225,280$100.36$100.69+$2.3M
M
MSFT
MICROSOFT CORP2.95%$18.1M36,298$398.04$497.41+$5.0M
N
NVDA
NVIDIA CORPORATION2.72%$16.6M105,059$67.77$157.99+$5.7M
M
META
META PLATFORMS INC2.48%$15.2M20,569$379.93$738.09+$3.0M
S
SCHI
SCHWAB STRATEGIC TR2.43%$14.8M651,801$22.09$22.76+$568.1K

Options Positions (2)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
S
SPY
SPDR S&P 500 ETF TRBought
Put
$212.4K1,422$617.85$605.81+883-$2.2M
I
IWM
ISHARES TRBought
Put
$66.1K1,120$215.79$215.74+1,116.3-$540.2K

Industry Allocation

SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+6.0%
SERVICES-PREPACKAGED SOFTWARE
+6.0%
SEMICONDUCTORS & RELATED DEVICES
+5.0%
SERVICES-BUSINESS SERVICES, NEC
+4.5%
NATIONAL COMMERCIAL BANKS
+4.4%