---
title: The Capacity of Equity Anomalies
url: https://www.ml-quant.com/papers/ssrn/7524338/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-02
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7524338
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7524338
featured: 2026-10-02
citations: unknown
topic: Portfolio & Allocation
---


# The Capacity of Equity Anomalies

Computing capacity for 35 anomalies reveals that high-alpha long legs support less than $2 billion before trading costs eliminate excess returns, while lower-alpha strategies support billions more.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7524338
- Identifier: SSRN 7524338
- Released: 2026-09-26
- First featured: Quant Letter No. 133 (2026-10-02): https://www.ml-quant.com/issues/2026-10-02/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Portfolio & Allocation
- Authors: Doron Avramov, Dion Bongaerts, Julio Crego, Jens Soerlie Kvaerner

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