Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (23 quarters reported)
$163M in Q4 2020 → $131M 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 |
|---|---|---|---|---|
| Carvana Co | 35.1% | Added 626% | 698,029 | $45.9M |
| Transdigm Group Inc | 24.0% | Added 8.4% | 23,588 | $31.4M |
| Somnigroup International Inc | 17.4% | Added 11% | 290,501 | $22.8M |
| Guidewire Software Inc | 12.2% | Unchanged | 129,697 | $16M |
| HW Hilton Worldwide Hldgs Inc | 11.3% | Trimmed 34% | 44,775 | $14.8M |
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 |
|---|---|---|---|---|
| Carvana Co | Added | +601,908 | +$39.6M | 35.1% |
| HW Hilton Worldwide Hldgs Inc | Trimmed | −23,544 | −$7.78M | 11.3% |
| Transdigm Group Inc | Added | +1,820 | +$2.42M | 24.0% |
| Somnigroup International Inc | Added | +29,905 | +$2.34M | 17.4% |
quarter ended March 31, 2026 · filed May 15, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Transdigm Group Inc | Trimmed | −5,787 | −$6.71M | 22.0% |
| HW Hilton Worldwide Hldgs Inc | Trimmed | −19,603 | −$5.96M | 18.1% |
| Carvana Co | Added | +14,093 | +$4.43M | 26.3% |
| Somnigroup International Inc | Trimmed | −44,360 | −$3.28M | 16.8% |
| Guidewire Software Inc | Added | +5,052 | +$756K | 16.9% |
quarter ended December 31, 2025 · filed February 17, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Guidewire Software Inc | Added | +91,552 | +$18.4M | 16.8% |
| LM Liberty Media Corp Del | Exited | −188,869 | −$18.3M | — |
| Carvana Co | Trimmed | −28,413 | −$12M | 23.3% |
| HW Hilton Worldwide Hldgs Inc | Trimmed | −16,294 | −$4.68M | 17.0% |
| Somnigroup International Inc | Trimmed | −26,031 | −$2.32M | 18.3% |
quarter ended September 30, 2025 · filed November 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| HW Hilton Worldwide Hldgs Inc | Trimmed | −60,859 | −$15.8M | 17.0% |
| Somnigroup International Inc | Trimmed | −124,300 | −$10.5M | 17.6% |
| Transdigm Group Inc | Added | +6,136 | +$8.09M | 22.9% |
| Carvana Co | Added | +1,186 | +$447K | 26.2% |
quarter ended June 30, 2025 · filed August 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| HW Hilton Worldwide Hldgs Inc | Added | +65,552 | +$17.5M | 26.3% |
| Microsoft Corp | Exited | −44,626 | −$16.8M | — |
| Guidewire Software Inc | Trimmed | −46,928 | −$11M | 4.7% |
| Somnigroup International Inc | Trimmed | −100,086 | −$6.81M | 18.5% |
| Carvana Co | Trimmed | −7,615 | −$2.57M | 22.0% |
quarter ended March 31, 2025 · filed May 15, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Guidewire Software Inc | Trimmed | −92,877 | −$17.4M | 9.7% |
| New York Times Co | Exited | −205,352 | −$10.7M | — |
| LM Liberty Media Corp Del | Added | +140,689 | +$9.59M | 8.3% |
| Somnigroup International Inc | Added | +154,116 | +$9.23M | 21.5% |
| Microsoft Corp | Trimmed | −17,322 | −$6.5M | 10.8% |
| HW Hilton Worldwide Hldgs Inc | Added | +10,642 | +$2.42M | 14.7% |
| Transdigm Group Inc | Trimmed | −1,254 | −$1.73M | 19.2% |
| Carvana Co | Trimmed | −3,390 | −$709K | 15.8% |
quarter ended December 31, 2024 · filed February 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Transdigm Group Inc | Trimmed | −8,120 | −$10.3M | 17.2% |
| TS Tempur Sealy Intl Inc | Added | +119,966 | +$6.8M | 13.6% |
| LM Liberty Media Corp Del | New | +48,180 | +$3.28M | 2.0% |
| HW Hilton Worldwide Hldgs Inc | Added | +8,723 | +$2.16M | 13.1% |
| Microsoft Corp | Trimmed | −4,516 | −$1.9M | 15.6% |
quarter ended September 30, 2024 · filed November 14, 2024
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Guidewire Software Inc | Trimmed | −115,269 | −$21.1M | 18.6% |
| New York Times Co | Trimmed | −97,595 | −$5.43M | 6.7% |
| TS Tempur Sealy Intl Inc | Trimmed | −89,950 | −$4.91M | 9.0% |
| Microsoft Corp | Added | +11,237 | +$4.84M | 16.8% |
| HW Hilton Worldwide Hldgs Inc | Added | +4,966 | +$1.14M | 10.8% |
| Carvana Co | Added | +6,320 | +$1.1M | 12.3% |
Loading...
