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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.

Latest 13F Filing Activity

L2 Asset Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 357 equity positions and 2 options positions with a total 13F market value of $611M. The fund increased holdings in Capital One Finl Corp., Nvidia Corporation, Microsoft Corp. among other positions. L2 Asset Management, LLC reduced exposure to Discover Finl SVCS, Hologic Inc., Williams Sonoma Inc. among others.

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

Options Positions (2)

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

Industry Allocation

SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+6.9%
SERVICES-PREPACKAGED SOFTWARE
+5.8%
SEMICONDUCTORS & RELATED DEVICES
+5.6%
SERVICES-BUSINESS SERVICES, NEC
+4.2%
ELECTRONIC COMPUTERS
+3.2%