CIK 1654648
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 & IT Services | 28.57% | 3 |
| Software | 18.95% | 3 |
| Commercial Services & Supplies | 17.77% | 3 |
| Capital Markets | 9.97% | 1 |
| Entertainment | 9.60% | 1 |
| Aerospace & Defense | 8.30% | 1 |
| Diversified Consumer Services | 3.58% | 1 |
| Semiconductors & Semiconductor Equipment | 3.26% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | META | Meta Platforms, Inc. | Communication Services | 17.65% |
| 2 | MSFT | MICROSOFT CORP | Information Technology | 14.32% |
| 3 | ARES | Ares Management Corp | Financials | 9.97% |
| 4 | TKO | TKO Group Holdings, Inc. | Communication Services | 9.60% |
| 5 | TDG | TransDigm Group INC | Industrials | 8.30% |
| 6 | FA | FIRST ADVANTAGE CORP | Information Technology | 7.73% |
| 7 | KSPI | Joint Stock Co Kaspi.kz | Industrials | 7.26% |
| 8 | PDD | PDD Holdings Inc. | Industrials | 6.99% |
| 9 | LRN | Stride, Inc. | Consumer Discretionary | 3.58% |
| 10 | MSCI | MSCI Inc. | Industrials | 3.52% |
14/14 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 72.5%; 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: 61.8% of book weight (8/14 names) · unclassified 38.2%: ARES, FA, KSPI, PDD, TSM, DCBO. 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 | METAMETA PLATFORMS INC | 198,512 | $114M | 17.6% | TRIM −8% |
| 2 | MSFTMICROSOFT CORP | 248,913 | $92M | 14.3% | ADD 20% |
| 3 | ARESARES MANAGEMENT CORPORATION | 588,100 | $64M | 10.0% | ADD 378% |
| 4 | TKOTKO GROUP HOLDINGS INC | 306,511 | $62M | 9.6% | ADD 3% |
| 5 | TDGTRANSDIGM GROUP INC | 46,084 | $53M | 8.3% | ADD 57% |
| 6 | FAFIRST ADVANTAGE CORP NEW | 4,228,018 | $50M | 7.7% | ADD 26% |
| 7 | KSPIKASPI KZ JSC | 631,001 | $47M | 7.3% | TRIM −2% |
| 8 | PDDPDD HOLDINGS INC | 440,228 | $45M | 7.0% | HOLD |
| 9 | LRNSTRIDE INC | 261,625 | $23M | 3.6% | ADD 34% |
| 10 | MSCIMSCI INC | 41,993 | $23M | 3.5% | ADD 3% |
| 11 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 62,176 | $21M | 3.3% | TRIM −51% |
| 12 | GOOGALPHABET INC | 71,690 | $21M | 3.2% | TRIM −5% |
| 13 | DCBODOCEBO INC | 1,094,869 | $19M | 3.0% | HOLD |
| 14 | DOCUDOCUSIGN INC | 224,600 | $11M | 1.7% | TRIM −3% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| METAMETA PLATFORMS INC | 334K | 326K | 307K | 270K | 216K | 199K | $114M |
| MSFTMICROSOFT CORP | 97K | 280K | 248K | 225K | 208K | 249K | $92M |
| ARESARES MANAGEMENT CORPORATION | 35K | — | 129K | — | 123K | 588K | $64M |
| TKOTKO GROUP HOLDINGS INC | — | — | — | 227K | 298K | 307K | $62M |
| TDGTRANSDIGM GROUP INC | — | 6K | 11K | 23K | 29K | 46K | $53M |
| FAFIRST ADVANTAGE CORP NEW | 1.8M | 2.4M | 2.4M | 3.1M | 3.3M | 4.2M | $50M |
| KSPIKASPI KZ JSC | 1.0M | 1.0M | 829K | 645K | 645K | 631K | $47M |
| PDDPDD HOLDINGS INC | 823K | 675K | 453K | 445K | 445K | 440K | $45M |
| LRNSTRIDE INC | 353K | 217K | 166K | 204K | 196K | 262K | $23M |
| MSCIMSCI INC | — | — | 48K | 50K | 41K | 42K | $23M |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | 206K | 223K | 263K | 165K | 127K | 62K | $21M |
| GOOGALPHABET INC | 247K | 85K | 85K | 75K | 75K | 72K | $21M |
| DCBODOCEBO INC | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | $19M |
| DOCUDOCUSIGN INC | 231K | 231K | 231K | 231K | 231K | 225K | $11M |
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.
Where this firm's principals came from and which firms its alumni went on to found.
