Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (43 quarters reported)
$206M in Q4 2015 → $51.8M now. Hover for any quarter.
As reported for the quarter ended June 30, 2026. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| Hca Healthcare Inc | 56.6% | Unchanged | 75,137 | $29.3M |
| AH Affirm Hldgs Inc | 21.2% | Unchanged | 134,741 | $11M |
| Global E Online Ltd | 20.2% | Trimmed 4.1% | 301,647 | $10.5M |
| Navan Inc | 1.6% | Unchanged | 37,000 | $846K |
| Global Business Travel Group | 0.4% | Unchanged | 21,100 | $198K |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended June 30, 2026 · filed August 14, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Global E Online Ltd | Trimmed | −12,968 | −$450K | 20.2% |
quarter ended March 31, 2026 · filed May 15, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Appian Corp | Exited | −248,450 | −$8.8M | — |
| Coupang Inc | Exited | −180,974 | −$4.27M | — |
| Hca Healthcare Inc | Added | +7,899 | +$3.74M | 68.3% |
| Bbb Foods Inc | Exited | −48,420 | −$1.62M | — |
| Global E Online Ltd | Trimmed | −42,215 | −$1.3M | 18.6% |
| Navan Inc | New | +37,000 | +$490K | 0.9% |
| AH Affirm Hldgs Inc | Trimmed | −9,305 | −$426K | 11.9% |
| Global Business Travel Group | Added | +3,244 | +$18.1K | 0.2% |
quarter ended December 31, 2025 · filed February 17, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Hca Healthcare Inc | Trimmed | −279,084 | −$130M | 44.2% |
| Global E Online Ltd | Trimmed | −1,630,555 | −$64.1M | 19.8% |
| AH Affirm Hldgs Inc | Trimmed | −815,536 | −$60.7M | 15.1% |
| Appian Corp | Trimmed | −1,075,738 | −$38.1M | 12.4% |
| Coupang Inc | New | +180,974 | +$4.27M | 6.0% |
| Bbb Foods Inc | Added | +8,000 | +$267K | 2.3% |
| Global Business Travel Group | Added | +815 | +$6.24K | 0.2% |
quarter ended September 30, 2025 · filed November 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Appian Corp | Trimmed | −6,391,147 | −$195M | 12.2% |
| Toast Inc | Exited | −3,101,915 | −$137M | — |
| Hca Healthcare Inc | Trimmed | −299,900 | −$128M | 44.7% |
| Bill Holdings Inc | Exited | −2,579,611 | −$119M | — |
| Floor & Decor Holdings Inc | Exited | −1,482,936 | −$113M | — |
| Unitedhealth Group Inc. | Exited | −286,929 | −$89.5M | — |
| Bbb Foods Inc | New | +40,420 | +$1.09M | 0.3% |
| Global E Online Ltd | Trimmed | −4,500 | −$161K | 21.5% |
| Global Business Travel Group | New | +17,041 | +$138K | — |
quarter ended June 30, 2025 · filed August 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Unitedhealth Group Inc. | New | +286,929 | +$89.5M | 8.4% |
| Appian Corp | Trimmed | −2,464,203 | −$73.6M | 21.5% |
| Hca Healthcare Inc | Added | +169,201 | +$64.8M | 23.1% |
| Toast Inc | Trimmed | −502,564 | −$22.3M | 12.8% |
| Floor & Decor Holdings Inc | Trimmed | −149,545 | −$11.4M | 10.5% |
| Global E Online Ltd | Trimmed | −319,316 | −$10.7M | 6.2% |
| AH Affirm Hldgs Inc | Trimmed | −153,845 | −$10.6M | 6.2% |
| Bill Holdings Inc | Trimmed | −218,014 | −$10.1M | 11.2% |
quarter ended March 31, 2025 · filed May 15, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Hubspot Inc | Exited | −295,789 | −$206M | — |
| Hca Healthcare Inc | New | +477,021 | +$165M | 17.0% |
| Bill Holdings Inc | Trimmed | −2,281,746 | −$105M | 13.2% |
| Global E Online Ltd | Trimmed | −1,604,212 | −$57.2M | 8.5% |
| AH Affirm Hldgs Inc | Trimmed | −946,310 | −$42.8M | 5.2% |
| Floor & Decor Holdings Inc | Trimmed | −95,250 | −$7.66M | 13.5% |
| Toast Inc | Trimmed | −224,991 | −$7.46M | 12.3% |
quarter ended December 31, 2024 · filed February 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Toast Inc | Trimmed | −4,721,231 | −$172M | 8.6% |
| Hubspot Inc | Trimmed | −209,966 | −$146M | 12.7% |
| Global E Online Ltd | Trimmed | −2,012,082 | −$110M | 13.2% |
| Bill Holdings Inc | Trimmed | −41,768 | −$3.54M | 26.5% |
| Appian Corp | Added | +10,265 | +$339K | 20.7% |
quarter ended September 30, 2024 · filed November 14, 2024
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Appian Corp | Added | +4,278,969 | +$146M | 21.0% |
| Bill Holdings Inc | Added | +1,666,316 | +$87.9M | 16.3% |
| Hubspot Inc | Trimmed | −94,078 | −$50M | 16.2% |
| Global E Online Ltd | Trimmed | −849,000 | −$32.6M | 13.8% |
Loading...
