CPAEX — Counterpoint Tactical Equity Fund
Data updated: 2026-05-28
CPAEX — Counterpoint Tactical Equity Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Market-Neutral · $595.65M AUM · 1.87% expense ratio · 3.6% 1-yr return. From SEC regulatory filings.
CPAEX Fund Overview
CPAEX — Counterpoint Tactical Equity Fund is a US mutual fund managed by Northern Lights Fund Trust III, categorised as Market-Neutral. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Northern Lights Fund Trust III
- Category: Market-Neutral
- Assets under management: $595.65M
- 1-year return: 3.6%
- Ticker: CPAEX
- SEC CIK: 0001537140
- SEC series ID: S000051248
- Share class ID: C000161620
CPAEX Holdings
Top 10 holdings of Counterpoint Tactical Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Colchester Street Trust | 49.64% |
| Northern Lights Fund Trust III | 10.87% |
| United States Treasury Bills | 8.34% |
| United States Treasury Bills | 4.96% |
| Solaredge Technologies Inc | 0.17% |
| EchoStar Corp. | 0.16% |
| Ultra Clean Holdings Inc | 0.15% |
| Intuitive Machines Inc | 0.15% |
| Lumen Technologies Inc | 0.15% |
| SPS Commerce Inc | 0.15% |
CPAEX Portfolio Allocation
Asset-class allocation of Counterpoint Tactical Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 49.6% |
| Equity | 33.6% |
| Fixed Income | 13.3% |
| Derivatives | 1.5% |
CPAEX Performance
Total returns for CPAEX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -1.5% |
| 1 year | 3.6% |
| 3 years (annualised) | 17.7% |
| 5 years (annualised) | 23.0% |
CPAEX Risk Information
Risk metrics for CPAEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.7%
CPAEX Costs and Fees
CPAEX costs about $187 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.87%
- Gross expense ratio: 1.87%
- Portfolio turnover: 236%
- Brokerage commissions: 22.17 bps of average net assets (SEC N-CEN)
CPAEX Cashflows
Over the 12 months to 2026-03, Counterpoint Tactical Equity Fund had net inflows of $243.05M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $17.34M |
| 2026-02 | $49.89M |
| 2026-01 | $21.57M |
| 2025-12 | $6.60M |
| 2025-11 | $7.29M |
| 2025-10 | $28.32M |
CPAEX Debt Constituents
Largest debt holdings of Counterpoint Tactical Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury Bills | 8.34% |
| United States Treasury Bills | 4.96% |
CPAEX Prospectus and SEC Filings
Official Counterpoint Tactical Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Market-Neutral funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.