Valiant Capital Management, L.P. AGX — ARGAN INC

Ownership history in Valiant Capital Management, L.P.  ·  6 quarters on record

AI Ownership Summary

Valiant Capital Management, L.P. reported ARGAN INC (AGX) in 6 quarterly 13F filings from 2024 Q3 through 2025 Q4. Peak portfolio weight reached 4.73% in 2025 Q3. The latest visible filing shows AGX at 2.38% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this AGX ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Valiant Capital Management, L.P.'s position in ARGAN INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q4

AGX was reported at 2.38% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
4.73% in 2025 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q3 to 2025 Q4

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

AGX stock page Valiant Capital Management, L.P. fund profile Valiant Capital Management, L.P. full holdings
How Valiant Capital Management, L.P. held AGX — position size vs. price
% of Fund (quarterly)    AGX price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 6 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q4 REDUCED 47.3% +74.0% ❌ 134,273 -120,327 -47.3% 2.38% $42.1M 2026-02-14 (Est.) $409.62
2025 Q3 REDUCED 34.7% +19.0% ❌ 254,600 -135,015 -34.7% 4.73% $68.8M 2025-11-14 $350.91
2025 Q2 REDUCED 7.5% +23.2% ❌ 389,615 -31,500 -7.5% 4.70% $85.9M 2025-08-14 $223.66
2025 Q1 ADDED — — — 421,115 +65,559 +18.4% 4.04% $55.2M 2025-05-15 $182.27
2024 Q4 ADDED — — — 355,556 +265,556 +295.1% 3.09% $48.7M 2025-02-14 $147.31
2024 Q3 INITIATED — — — 90,000 — — 0.50% $9.1M 2024-11-14 $147.64

🏢 Other funds also holding AGX

As of 2026 Q1 — sorted by position size

Abacus FCF Advisors LLC 3Y 7Y 3.04% Gunderson Capital Management LLC 3Y 2.12% Quantum Portfolio Management LLC 1.77% Cardinal Capital Management 3Y 7Y 1.22% CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 3Y 7Y 1.02% MOODY ALDRICH PARTNERS LLC 3Y 7Y 0.94% Cadent Capital Advisors, LLC 3Y 0.76% Covenant Asset Management, LLC 3Y 7Y 0.71% Linden Thomas Advisory Services, LLC 3Y 0.54% AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP 3Y 0.42%

FAQ About Valiant Capital Management, L.P. and AGX

These are the practical questions this page is built to answer before you even open the full history table.

How long has Valiant Capital Management, L.P. reported owning AGX?

Valiant Capital Management, L.P. reported AGX across 6 quarterly 13F filings, from 2024 Q3 through 2025 Q4.

What was the largest reported AGX position in Valiant Capital Management, L.P.'s portfolio?

The largest reported portfolio weight for AGX was 4.73% in 2025 Q3.

What is the latest reported AGX position on this page?

The most recent filing on this page is 2025 Q4, when Valiant Capital Management, L.P. reported 134,273 shares, equal to 2.38% of portfolio, with an estimated market value of $42.1M.

What does the chart on this AGX ownership page compare?

The chart compares Valiant Capital Management, L.P.'s quarterly AGX portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Valiant Capital Management, L.P. time their AGX position?

Based on 13F filing dates vs. subsequent AGX price moves, Valiant Capital Management, L.P. correctly timed 2 out of 5 reported position changes (40%). The annualised alpha on AGX relative to SPY over the holding period was +99.9%.

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