CIK 1923769
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 | 29.77% | 3 |
| Software & IT Services | 17.51% | 1 |
| Semiconductors & Semiconductor Equipment | 15.17% | 1 |
| Capital Markets | 14.11% | 1 |
| Commercial Services & Supplies | 10.79% | 3 |
| Insurance | 8.39% | 1 |
| Real Estate Management & Development | 4.26% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc. | Communication Services | 17.51% |
| 2 | TSM | Taiwan Semiconductor Manufacturing Co Ltd | Information Technology | 15.17% |
| 3 | TPG | TPG Inc. | Financials | 14.11% |
| 4 | NOW | ServiceNow, Inc. | Information Technology | 12.35% |
| 5 | MSFT | MICROSOFT CORP | Information Technology | 10.30% |
| 6 | ELV | Elevance Health, Inc. | Financials | 8.39% |
| 7 | TEAM | Atlassian Corp | Information Technology | 7.12% |
| 8 | V | VISA INC. | Financials | 4.83% |
| 9 | FSV | FirstService Corp | Real Estate | 4.26% |
| 10 | SE | Sea Ltd | Industrials | 3.17% |
11/11 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 81.7%; 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: 60.4% of book weight (7/11 names) · unclassified 39.6%: TSM, TPG, TEAM, SE. 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 | GOOGLALPHABET INC | 101,892 | $29M | 17.5% | HOLD |
| 2 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 75,106 | $25M | 15.2% | HOLD |
| 3 | TPGTPG INC | 582,719 | $24M | 14.1% | ADD 37% |
| 4 | NOWSERVICENOW INC | 197,676 | $21M | 12.4% | NEW |
| 5 | MSFTMICROSOFT CORP | 46,568 | $17M | 10.3% | HOLD |
| 6 | ELVELEVANCE HEALTH INC FORMERLY | 47,953 | $14M | 8.4% | TRIM −38% |
| 7 | TEAMATLASSIAN CORPORATION | 174,483 | $12M | 7.1% | ADD 22% |
| 8 | VVISA INC | 26,762 | $8M | 4.8% | HOLD |
| 9 | FSVFIRSTSERVICE CORP NEW | 51,347 | $7M | 4.3% | HOLD |
| 10 | SESEA LTD | 63,972 | $5M | 3.2% | HOLD |
| 11 | MAMASTERCARD INCORPORATED | 9,345 | $5M | 2.8% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| GOOGLALPHABET INC | — | — | — | — | 102K | 102K | $29M |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | — | — | — | — | 75K | 75K | $25M |
| TPGTPG INC | — | — | — | — | 425K | 583K | $24M |
| NOWSERVICENOW INC | — | — | — | — | — | 198K | $21M |
| MSFTMICROSOFT CORP | — | — | — | — | 47K | 47K | $17M |
| ELVELEVANCE HEALTH INC FORMERLY | — | — | — | — | 78K | 48K | $14M |
| TEAMATLASSIAN CORPORATION | — | — | — | — | 143K | 174K | $12M |
| VVISA INC | — | — | — | — | 27K | 27K | $8M |
| FSVFIRSTSERVICE CORP NEW | — | — | — | — | 51K | 51K | $7M |
| SESEA LTD | — | — | — | — | 64K | 64K | $5M |
| MAMASTERCARD INCORPORATED | — | — | — | — | 9K | 9K | $5M |
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.
