One Tool Is Enough: Reinforcement Learning for Repository-Level LLM Agents

Locating the files and functions requiring modification in large open-source software (OSS) repositories is challenging due to their scale and structural complexity. Existing large language model (LLM)-based methods typically treat this as a repository-level retrieval task and rely on multiple auxiliary tools, which overlook code execution logic and complicate model control. We propose RepoNavigator, an LLM agent equipped with a single execution-aware tool-jumping to the definition of an invoked symbol. This unified design reflects the actual flow of code execution while simplifying tool manipulation. RepoNavigator is trained end-to-end via Reinforcement Learning (RL) directly from a pretrained model, without any closed-source distillation. Experiments demonstrate that RL-trained RepoNavigator achieves state-of-the-art performance, with the 7B model outperforming 14B baselines, the 14B model surpassing 32B competitors, and even the 32B model exceeding closed-source models such as Claude-3.7. These results confirm that integrating a single, structurally grounded tool with RL training provides an efficient and scalable solution for repository-level issue localization.

Population-Evolve: a Parallel Sampling and Evolutionary Method for LLM Math Reasoning

Test-time scaling has emerged as a promising direction for enhancing the reasoning capabilities of Large Language Models in last few years. In this work, we propose Population-Evolve, a training-free method inspired by Genetic Algorithms to optimize LLM reasoning. Our approach maintains a dynamic population of candidate solutions for each problem via parallel reasoning. By incorporating an evolve prompt, the LLM self-evolves its population in all iterations. Upon convergence, the final answer is derived via majority voting. Furthermore, we establish a unification framework that interprets existing test-time scaling strategies through the lens of genetic algorithms. Empirical results demonstrate that Population-Evolve achieves superior accuracy with low performance variance and computational efficiency. Our findings highlight the potential of evolutionary strategies to unlock the reasoning power of LLMs during inference.

Navigating the Alpha Jungle: An LLM-Powered MCTS Framework for Formulaic Factor Mining

Alpha factor mining is pivotal in quantitative investment for identifying predictive signals from complex financial data. While traditional formulaic alpha mining relies on human expertise, contemporary automated methods, such as those based on genetic programming or reinforcement learning, often suffer from search inefficiency or yield poorly interpretable alpha factors. This paper introduces a novel framework that integrates Large Language Models (LLMs) with Monte Carlo Tree Search (MCTS) to overcome these limitations. Our approach leverages the LLM's instruction-following and reasoning capability to iteratively generate and refine symbolic alpha formulas within an MCTS-driven exploration. A key innovation is the guidance of MCTS exploration by rich, quantitative feedback from financial backtesting of each candidate factor, enabling efficient navigation of the vast search space. Furthermore, a frequent subtree avoidance mechanism is introduced to bolster search efficiency and alpha factor performance. Experimental results on real-world stock market data demonstrate that our LLM-based framework outperforms existing methods by mining alphas with superior predictive accuracy, trading performance, and improved interpretability, while offering a more efficient solution for formulaic alpha mining.

FactorGCL: A Hypergraph-Based Factor Model with Temporal Residual Contrastive Learning for Stock Returns Prediction

As a fundamental method in economics and finance, the factor model has been extensively utilized in quantitative investment. In recent years, there has been a paradigm shift from traditional linear models with expert-designed factors to more flexible nonlinear machine learning-based models with data-driven factors, aiming to enhance the effectiveness of these factor models. However, due to the low signal-to-noise ratio in market data, mining effective factors in data-driven models remains challenging. In this work, we propose a hypergraph-based factor model with temporal residual contrastive learning (FactorGCL) that employs a hypergraph structure to better capture high-order nonlinear relationships among stock returns and factors. To mine hidden factors that supplement human-designed prior factors for predicting stock returns, we design a cascading residual hypergraph architecture, in which the hidden factors are extracted from the residual information after removing the influence of prior factors. Additionally, we propose a temporal residual contrastive learning method to guide the extraction of effective and comprehensive hidden factors by contrasting stock-specific residual information over different time periods. Our extensive experiments on real stock market data demonstrate that FactorGCL not only outperforms existing state-of-the-art methods but also mines effective hidden factors for predicting stock returns.