Bullseye Asset Management LLC — 13F Portfolio

Bullseye Asset Management LLC is an institutional investment manager based in the United States that appears in the U.S. regulatory record as a Form 13F filer under CIK 0001513779. The firm operates as a discretionary investment adviser, overseeing portfolios that hold U.S.-listed equities and related instruments for private clients and/or institutional accounts. Bullseye maintains a low public profile: beyond SEC and related regulatory filings, there is little widely distributed information about its ownership, investment team, or product lineup. It does not present itself in the manner of a retail mutual fund sponsor or mass-market wealth manager; instead, it is best understood as an institutional or advisory platform running dedicated equity mandates or separately managed accounts. As a 13F filer, Bullseye Asset Management LLC is required to report its long positions in U.S.-listed equities and certain equity-like securities at each quarter-end. These reports provide security-level detail—issuer, ticker or CUSIP, share count, and reported market value—but exclude derivatives, cash, and short positions, and do not capture most non-U.S.-listed holdings. When compiled into a continuous 13F History, these disclosures allow for reconstruction of a notional long U.S. equity sleeve that mirrors the firm’s reported holdings through time. That reconstructed sleeve forms the empirical basis for analyzing Bullseye’s observable 13F Portfolio Composition and for deriving a 13F-based Historical Track Record for the portion of its activity that is visible in the SEC record. Within a 13F analytics platform, the firm’s filings under CIK 0001513779 serve as the primary data source; tools such as a Portfolio Simulator or Backtesting Service simply organize and quantify those public disclosures, rather than substituting for information that only the manager can provide directly.

Bullseye Asset Management LLC does not publish a detailed investment philosophy or mandate description in mainstream public channels. As a result, its strategy must be inferred from the pattern of holdings and changes recorded in its 13F submissions rather than from explicit narrative statements. From an allocator’s perspective, several aspects of the approach can be read directly from the 13F data: - Breadth and concentration: The typical number of positions and the share of reported capital in the largest holdings indicate whether Bullseye runs a concentrated, high-conviction book or a more diversified implementation. - Market-cap orientation: The balance of exposure across large-, mid-, and small-cap issuers provides insight into whether the firm emphasizes established blue-chip names, mid-sized growth or value opportunities, or smaller companies where detailed research might yield a larger analytical edge. - Sector and thematic footprint: Mapping holdings by sector and industry reveals whether the portfolio leans persistently toward areas such as technology, healthcare, financials, or industrials, or instead approximates the sector mix of broad equity benchmarks. - Use of pooled vehicles: The presence or absence of ETFs and other listed funds shows the extent to which Bullseye relies on individual stock selection versus broad index or sector vehicles. In the absence of strong evidence of a single-factor tilt (for example, pure deep value or high-growth momentum), the effective style of the disclosed equity sleeve is best described as blend-oriented: a mix of growth and value characteristics determined by security selection rather than by a rigid style constraint. The strategy appears to be long-only from the 13F vantage point; any use of short selling or derivatives at the broader mandate level would not be visible in these filings. Turnover characteristics are also an empirical output of the 13F record. By comparing filings across quarters, one can determine whether the book contains a stable core of recurring positions with incremental resizing, or whether Bullseye frequently replaces holdings in a more tactical fashion. Low to moderate turnover—evidenced by persistent top holdings and gradual evolution of the roster—would be consistent with a fundamentally driven, medium-horizon approach, while higher turnover would suggest a more opportunistic or trading-oriented style. Feeding Bullseye’s 13F History into a Portfolio Simulator allows these disclosures to be converted into a normalized notional portfolio, rebalanced on each filing date. This supports construction of a 13F-based Historical Track Record for the long U.S. equity sleeve, enabling allocators to examine how the manager’s revealed stock selection and position sizing have translated into a capital trajectory across different market regimes.

Viewed through its SEC filings under CIK 0001513779, Bullseye Asset Management LLC is a low-profile institutional manager whose public footprint is defined primarily by its obligation to disclose long U.S.-listed equity and equity-like holdings on Form 13F. In the absence of extensive marketing collateral or published investment commentary, meaningful insight into the firm’s de facto mandate and risk posture must come from systematic analysis of its 13F History. By aggregating those filings and reconstructing a normalized portfolio of reported holdings, an analytics platform can illuminate both structural and outcome-oriented attributes of the strategy. Structurally, the evolution of the 13F Portfolio Composition across time reveals how concentrated the book has been, how sector and capitalization exposures have shifted with changing opportunity sets and market regimes, and whether adjustments tend to be incremental or more episodic. Outcome-wise, the inferred Historical Track Record, together with indicative efficiency diagnostics such as a reconstructed Sharpe Ratio and observed Max Drawdown Depth, provides a data-grounded view of how the disclosed long U.S. equity sleeve has navigated bull markets, corrections, and style rotations. Because these diagnostics are built solely from public 13F data and do not incorporate non-reportable assets, hedging overlays, or liability considerations, they should be treated as a focused lens on one component of Bullseye’s overall activity rather than a full representation of the firm. The key open question for allocators is how the regime sensitivity implied by this reconstructed sleeve—its responses to equity market shocks, sector leadership changes, and shifts in factor premia—is likely to evolve in future environments, and whether that pattern of behavior complements or amplifies existing exposures within a broader multi-manager or multi-asset allocation.

With limited public commentary on formal risk controls, Bullseye Asset Management LLC’s observable risk profile must be inferred from the structure and behavior of its 13F-reported holdings. Key dimensions of risk, all derivable from the filings, include concentration, sector and factor tilts, market-cap distribution, and co-movement with major equity indices. Important considerations for allocators include: - Concentration risk: A portfolio in which a substantial share of notional capital is allocated to a handful of names will be more exposed to idiosyncratic events—earnings surprises, regulatory actions, corporate transactions—than one that is broadly diversified across many issuers. - Sector and style exposure: Systematic overweights or underweights in sectors such as technology, healthcare, financials, industrials, or resources, and in style clusters such as growth, value, or quality, can drive meaningful deviations from benchmark behavior, particularly during periods of sharp style rotation. - Capitalization and liquidity profile: A tilt toward mid- and small-cap stocks may increase volatility and liquidity risk, especially in stressed markets, whereas a bias toward large, liquid names will tend to anchor the portfolio’s behavior closer to broad indices. By reconstructing a time series of portfolio values from Bullseye’s 13F History and mapping each disclosed security to its historical price path, allocators can estimate the volatility characteristics of the notional long U.S. equity sleeve and its correlation with relevant benchmarks. A central downside diagnostic is historical Max Drawdown Depth, which quantifies the steepest peak-to-trough decline experienced by the reconstructed portfolio over the observation window. This statistic summarizes how the combination of concentration, sector tilts, and market exposure embedded in the visible book has translated into capital impairment during adverse regimes. From the same reconstructed capital trajectory, risk-adjusted outcome measures such as an indicative Sharpe Ratio can be derived, summarizing how the variability of the 13F-based portfolio has related to its long-run compounding behavior. Interpreting these metrics alongside the evolving 13F Portfolio Composition—including the number of positions, top-issuer concentration, sector mix, and the balance between individual stocks and ETFs—yields a practical Volatility Profile for the segment of Bullseye’s activity that is transparent via Form 13F and can be explored through Performance Backtests Online. It remains important to recognize that this lens is inherently partial. Non-U.S.-listed securities, fixed income, cash, derivatives, and any short exposures or leverage structures employed by the firm are not captured in 13F data and must be understood, if relevant, via direct due diligence and manager-provided materials.