Fortis Capital Advisors, LLC

Hedge Fund • Quant Macro

Fortis Capital Advisors, LLC is a Hedge Fund specializing in Quant Macro based in Austin, TX led by Sanjiv Kumar, managing $630.5M across 281 long positions as of Q3 2025 with 61% ETF concentration.

FounderSanjiv Kumar

Portfolio Value: $630.5M
Positions: 281
Top Holding: NVDA at 6.51%
Last Reported: Q3 2025

Address7701 San Felipe Blvd., Suite 100, Austin, TX, 78729, United States

Top Holdings

Largest long holdings in Fortis Capital Advisors, LLC's portfolio (44% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Nvidia NVDA	Semiconductors Technology	$41.0M	6.51%	+$500.0K Bought	0.00% 219.9K shares	Q4 2022 Held for 2y 11m
2 Invesco QQQ Trust QQQ	ETF ETF	$36.2M	5.74%	+$291.2K Bought	— 60.3K shares	Q4 2022 Held for 2y 11m
3 SCHX Schwab U.S. Large-Cap ETF SCHX	ETF ETF	$36.1M	5.73%	+$1.4M Bought	— 1.4M shares	Q1 2025 Held for 8 months
4 Schwab Fundamental U.S. Large Company FNDX	ETF ETF	$34.3M	5.44%	+$1.6M Bought	— 1.3M shares	Q1 2025 Held for 8 months
5 Schwab U.S. Large-Cap Growth SCHG	ETF ETF	$32.4M	5.14%	+$559.1K Bought	— 1.0M shares	Q1 2025 Held for 8 months
6 SPDR S&P 500 ETF Trust SPY	ETF ETF	$32.2M	5.10%	-$329.1K Sold	— 48.3K shares	Q4 2022 Held for 2y 11m
7 Schwab International Equity SCHF	ETF ETF	$18.5M	2.94%	+$709.6K Bought	— 795.1K shares	Q1 2025 Held for 8 months
8 Apple AAPL	Consumer Electronics Technology	$18.1M	2.87%	-$301.0K Sold	0.00% 71.0K shares	Q4 2022 Held for 2y 11m
9 Microsoft MSFT	Software - Infrastructure Technology	$16.1M	2.55%	-$392.1K Sold	0.00% 31.1K shares	Q4 2022 Held for 2y 11m
10 iShares Core S&P Small-Cap ETF IJR	ETF ETF	$12.6M	1.99%	+$666.0K Bought	— 105.7K shares	Q1 2024 Held for 1y 8m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Fortis Capital Advisors, LLC's latest filing

See all changes

GthenC

Market Value

$630.5M

Prior: $559.0M

Q/Q Change

+12.81%

+$71.6M

Net Flows % of MV

+0.326%

Turnover Ratio

9.29%

New Purchases

31 stocks

$18.3M

Added To

98 stocks

+$30.9M

Sold Out Of

28 stocks

$17.1M

Reduced Holdings

89 stocks

-$30.0M

Increased Positions

Position	Shares Δ	Change
1 iShares Latin America 40 ILF	New	0 → 62.4K +$1.8M
2 Shopify SHOP	New	0 → 8.2K +$1.2M
3 IonQ IONQ	New	0 → 19.9K +$1.2M
4 BlackRock U.S. Equity Factor Rotation DYNF	New	0 → 17.7K +$1.0M
5 First Solar FSLR	New	0 → 4.4K +$968.8K

Decreased Positions

Position	Shares Δ	Change
1 Nasdaq, Inc. NDAQ	Sold	12.9K → 0 −$1.2M
2 The Trade Desk TTD	Sold	16.0K → 0 −$1.2M
3 Invesco FTSE RAFI Developed Markets ex-U.S. ETF PXF	Sold	20.0K → 0 −$1.1M
4 iShares MSCI Poland EPOL	Sold	32.9K → 0 −$1.1M
5 Vanguard FTSE All-World Ex-US ETF VEU	Sold	15.2K → 0 −$1.0M