Syntax Research, Inc. is an SEC-registered investment adviser based in Boca Raton, FL that reports managing 1 hedge fund on Form ADV. It reports $202.9 million in regulatory assets under management. Its private funds, of all types, hold $38.9 million in gross assets. Its disclosed U.S. stock holdings returned an estimated +13.9% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +38.5% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $202.9 millionForm ADV Item 5.F
- Gross assets of private funds
- $38.9 millionAll private fund types, Form ADV
- Hedge funds managed
- 11 private funds in total
- Employees
- 2Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 151948
- Latest Form ADV
- 03/16/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +15.4% | +14.8% |
| Q1 2026 | -1.4% | -4.6% |
| Q4 2025 | +3.5% | +2.4% |
| Q3 2025 | +8.0% | +7.8% |
| Q2 2025 | +5.8% | +10.4% |
| Q1 2025 | -0.0% | -4.5% |
| Q4 2024 | -3.9% | +2.1% |
| Q3 2024 | +7.0% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Ishares Core S&P 500 ETF$13.7 million
- Ishares 7-10 Year Treasury B$13.3 million
- Ishares 1-3 Year Treasury Bond ETF$12.6 million
- Ishares MSCI Minimum Volatilit$10.9 million
- Proshares TR S&P 500 Divid Ari$9.4 million
- Ishares Edge MSCI USA Quality$8.4 million
- Apple Inc Com$8.3 million
- Ishares Core S&P Small-cap E$4.9 million
- Ishares Core S&P Mid-cap ETF$4.7 million
- Alphabet, Inc Non-voting Class$3.5 million
As of 2026-06-30, from 13F filing by Syntax Research, Inc..
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures