CIK 1632715
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Software | 66.15% | 4 |
| Media & Entertainment | 28.83% | 2 |
| Commercial Services & Supplies | 5.03% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SHOP | SHOPIFY INC. | Information Technology | 24.51% |
| 2 | APPF | APPFOLIO INC | Information Technology | 20.74% |
| 3 | FWONK | Liberty Media Corp | Communication Services | 17.23% |
| 4 | FWONA | Liberty Media Corp | Communication Services | 11.60% |
| 5 | DDOG | Datadog, Inc. | Information Technology | 10.90% |
| 6 | VEEV | VEEVA SYSTEMS INC | Information Technology | 9.99% |
| 7 | DASH | DoorDash, Inc. | Industrials | 5.03% |
7/7 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 100.0%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 71.2% of book weight (5/7 names) · unclassified 28.8%: FWONK, FWONA. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | SHOPSHOPIFY INC | 1,647,738 | $195M | 24.5% | TRIM −6% |
| 2 | APPFAPPFOLIO INC | 1,047,915 | $165M | 20.7% | TRIM −3% |
| 3 | FWONKLIBERTY MEDIA CORP DEL | 1,616,024 | $137M | 17.2% | TRIM −15% |
| 4 | FWONALIBERTY MEDIA CORP DEL | 1,184,179 | $92M | 11.6% | HOLD |
| 5 | DDOGDATADOG INC | 736,493 | $87M | 10.9% | TRIM −3% |
| 6 | VEEVVEEVA SYS INC | 453,417 | $80M | 10.0% | TRIM −3% |
| 7 | DASHDOORDASH INC | 267,000 | $40M | 5.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SHOPSHOPIFY INC | 2.2M | 2.2M | 2.2M | 2.2M | 1.8M | 1.6M | $195M |
| APPFAPPFOLIO INC | 1.1M | 1.1M | 1.3M | 1.3M | 1.1M | 1.0M | $165M |
| FWONKLIBERTY MEDIA CORP DEL | 2.6M | 2.6M | 2.6M | 2.6M | 1.9M | 1.6M | $137M |
| FWONALIBERTY MEDIA CORP DEL | 1.2M | 1.2M | 1.2M | 1.2M | 1.2M | 1.2M | $92M |
| DDOGDATADOG INC | 934K | 934K | 934K | 934K | 756K | 736K | $87M |
| VEEVVEEVA SYS INC | 550K | 550K | 550K | 550K | 468K | 453K | $80M |
| DASHDOORDASH INC | — | — | — | — | — | 267K | $40M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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