March 7, 2026

Longboard manages $110M mutual fund, capitalizing on trends in defense and energy

Longboard manages $110M mutual fund, capitalizing on trends in defense and energy

Longboard Asset Management, led by Chief Investment Officer Cole Wilcox, has successfully navigated market challenges by employing a trend-following strategy that focuses on data from the Russell 3000. As the Iran conflict continues, Wilcox notes that such geopolitical events play into existing market trends favoring industrial and military contractors, a shift that began when Russia invaded Ukraine in 2022. His fund, which has outperformed its benchmark with significant returns, has also avoided exposure to the struggling software sector, having recognized sector weaknesses earlier when low interest rates began to reverse. This defensive positioning has allowed Longboard to capitalize on opportunities in financial firms poised to benefit from AI advancements.

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