9AT: AXQ CAPITAL, LP

AXQ CAPITAL, LP

AXQ CAPITAL, LP

Adviser Profile

As of Date	03/12/2026
Registration	SEC, Approved, 03/28/2022
ADV Location	JERSEY CITY, NJ, United States
Contact Info	(91 xxxxxxx
Websites

AUM^*	727,146,509 72%
of that, discretionary	727,146,509 72%
Number of Employees	7 -22%
of those in investment advisory functions	3 50%
Private Fund GAV^*	0
Avg Account Size	145,429,302 72%
SMA’s	No
Private Funds	0

Adviser Type

- Large advisory firm

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- Performance-based fees

Reported AUM

727M 623M 519M 416M 312M 208M 104M

2022 2023 2024 2025 2026

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Top Holdings

Stock Ticker	Stock Name	$ Position	% Position	$ Change	# Change
Stck Ticker012653101	Stock NameALBEMARLE CORP	$ Position$5,588,352	% Position1.00%	$ Change306.00%	# Change440.00%
Stck TickerH11356104	Stock NameBUNGE GLOBAL SA	$ Position$4,652,894	% Position1.00%	$ Change422.00%	# Change523.00%
Stck Ticker09290D101	Stock NameBLACKROCK INC	$ Position$6,657,841	% Position1.00%	$ Change43.00%	# Change43.00%
Stck Ticker185899101	Stock NameCLEVELAND-CLIFFS INC NEW	$ Position$7,116,193	% Position1.00%	$ Change28.00%	# Change15.00%
Stck Ticker22266T109	Stock NameCOUPANG INC	$ Position$5,564,288	% Position1.00%	$ Change	# Change
Stck Ticker278768106	Stock NameECHOSTAR CORP	$ Position$5,937,141	% Position1.00%	$ Change	# Change
Stck Ticker35671D857	Stock NameFREEPORT MCMORAN INC	$ Position$5,338,292	% Position1.00%	$ Change	# Change
Stck Ticker101137107	Stock NameBOSTON SCIENTIFIC CORP	$ Position$5,186,559	% Position1.00%	$ Change-17.00%	# Change21.00%
Stck Ticker217204106	Stock NameCOPART INC	$ Position$6,818,174	% Position1.00%	$ Change849.00%	# Change1018.00%
Stck TickerY2573F102	Stock NameFLEX LTD	$ Position$4,994,673	% Position1.00%	$ Change	# Change

Brochure Summary

Overview

AXQ Capital, LP (“AXQ” or “Firm”) is a Delaware limited partnership formed in August 2021. AXQ Capital, LLC is a Delaware limited liability company formed in August 2021. AXQ Capital, LLC serves as the general partner of AXQ. Yu Gan is the principal owner of AXQ, being a limited partner of AXQ and the sole member of AXQ Capital, LLC. Item 4.B. AXQ provides investment sub-advisory services to private pooled investment vehicles (the “Funds”) pursuant to an Investment Management Agreement (“IMA”) with an SEC-registered investment adviser. AXQ’s principal investment strategy is to maximize risk-adjusted returns through a market-neutral equity investment program that utilizes proprietary quantitative models to systematically select investment positions and their relative weightings in a portfolio. The resultant portfolio is monitored by AXQ’s principals, who periodically make adjustments to account for risk factors and market developments. The technical analysis that AXQ employs through its models focuses on price and return patterns, trading liquidity, and trading volume. The models incorporate the use of proprietary software and algorithms

in an attempt to capture mean-reversion and momentum opportunities, among others, and to size positions accordingly. Although AXQ does not limit its advisory services to certain types of securities, AXQ’s focus is on securities traded on public markets and exchange-listed derivates thereof. Additionally, AXQ may seek the advice and assistance of its non-U.S. affiliates in providing advisory services to its U.S. clients (in such capacity, the "Participating Affiliates"). Please see Item 10 Other Financial Industry Activities and Affiliates for further information. Item 4.C. AXQ provides investment advisory services to the Funds in accordance with its IMA with the Funds, which has been tailored to meet the needs of the Funds. The Funds may impose restrictions on AXQ’s ability to invest in certain securities or types of securities Item 4.D. AXQ does not participate in wrap fee programs. Item 4.E. As of December 31, 2022, AXQ has approximately $196M in regulatory assets under management. All assets are managed on a discretionary basis. AXQ does not currently manage any assets on a non-discretionary basis.