CIK 1964563
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 |
|---|---|---|
| Entertainment | 46.01% | 1 |
| Software & IT Services | 34.81% | 1 |
| Unclassified | 10.11% | 1 |
| Distributors | 7.96% | 1 |
| Software | 1.11% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | STUB | StubHub Holdings, Inc. | Communication Services | 46.01% |
| 2 | STNE | STONECO LTD CLASS A | Information Technology | 34.81% |
| 3 | VT | VANGUARD INTL EQUITY INDEX F | Unclassified | 10.11% |
| 4 | QXO | QXO, Inc. | Consumer Discretionary | 7.96% |
| 5 | FIG | Figma, Inc. | Information Technology | 1.11% |
4/5 names classified · sector 89.9% of weight · industry 89.9% · mkt cap 55.1%; 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: 89.9% of the book is sector-classified (unclassified names shown, never dropped).
Only 8% of book weight classified — the grid is NOT representative of the whole book.
Classified: 8.0% of book weight (1/5 names) · unclassified 92.0%: STUB, STNE, VT, FIG. 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 | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| STUBSTUBHUB HLDGS INC | — | — | — | 75.8M | 75.8M | 75.8M | $473M |
| STNESTONECO LTD | 25.3M | 25.3M | 25.3M | 25.3M | 25.3M | 25.3M | $358M |
| VTVANGUARD INTL EQUITY INDEX F | 794K | 1.3M | 440K | 440K | 696K | 751K | $104M |
| QXOQXO INC | 10.9M | 10.9M | 10.9M | 9.5M | 5.1M | 4.2M | $82M |
| FIGFIGMA INC | — | — | — | 539K | 539K | 539K | $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.
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