CIK 2011655
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 |
|---|---|---|
| Health Care Providers & Services | 23.66% | 2 |
| Distributors | 17.25% | 2 |
| Entertainment | 13.07% | 2 |
| Software | 8.94% | 1 |
| Health Care Equipment & Supplies | 8.56% | 1 |
| Chemicals | 8.07% | 1 |
| Construction Materials | 7.03% | 1 |
| Unclassified | 6.53% | 1 |
| Software & IT Services | 5.23% | 1 |
| Banks | 1.66% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | BTSG | BrightSpring Health Services, Inc. | Health Care | 17.26% |
| 2 | WCC | WESCO INTERNATIONAL INC | Consumer Discretionary | 12.18% |
| 3 | LTH | Life Time Group Holdings, Inc. | Communication Services | 9.14% |
| 4 | OKTA | Okta, Inc. | Information Technology | 8.94% |
| 5 | ITGR | Integer Holdings Corp | Health Care | 8.56% |
| 6 | HXL | HEXCEL CORP /DE/ | Materials | 8.07% |
| 7 | JHX | James Hardie Industries plc | Materials | 7.03% |
| 8 | UDEMY INC | Unclassified | 6.53% | |
| 9 | SGRY | Surgery Partners, Inc. | Health Care | 6.40% |
| 10 | GDDY | GoDaddy Inc. | Information Technology | 5.23% |
12/13 names classified · sector 93.5% of weight · industry 93.5% · mkt cap 89.5%; 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: 93.5% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 76.1% of book weight (9/13 names) · unclassified 23.9%: JHX, , SGRY, PLNT. 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 | BTSGBRIGHTSPRING HEALTH SVCS INC | 784,444 | $33M | 17.3% | TRIM −23% |
| 2 | WCCWESCO INTL INC | 86,216 | $24M | 12.2% | TRIM −10% |
| 3 | LTHLIFE TIME GROUP HOLDINGS INC | 657,105 | $18M | 9.1% | ADD 41% |
| 4 | OKTAOKTA INC | 220,078 | $17M | 8.9% | ADD 12% |
| 5 | ITGRINTEGER HLDGS CORP | 188,331 | $17M | 8.6% | ADD 42% |
| 6 | HXLHEXCEL CORP NEW | 193,236 | $16M | 8.1% | TRIM −35% |
| 7 | JHXJAMES HARDIE INDS PLC | 719,007 | $14M | 7.0% | TRIM −28% |
| 8 | UDEMY INC | 2,738,200 | $13M | 6.5% | TRIM −14% |
| 9 | SGRYSURGERY PARTNERS INC | 1,039,799 | $12M | 6.4% | ADD 54% |
| 10 | GDDYGODADDY INC | 122,609 | $10M | 5.2% | TRIM −12% |
| 11 | CNMCORE & MAIN INC | 198,694 | $10M | 5.1% | TRIM −27% |
| 12 | PLNTPLANET FITNESS INC | 102,481 | $8M | 3.9% | TRIM −50% |
| 13 | OMFONEMAIN HLDGS INC | 60,000 | $3M | 1.7% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| BTSGBRIGHTSPRING HEALTH SVCS INC | 1.7M | 2.0M | 1.7M | 1.2M | 1.0M | 784K | $33M |
| WCCWESCO INTL INC | — | — | — | 83K | 96K | 86K | $24M |
| LTHLIFE TIME GROUP HOLDINGS INC | — | — | — | — | 467K | 657K | $18M |
| OKTAOKTA INC | 230K | 171K | 209K | 215K | 197K | 220K | $17M |
| ITGRINTEGER HLDGS CORP | — | — | — | — | 133K | 188K | $17M |
| HXLHEXCEL CORP NEW | 368K | 461K | 428K | 295K | 296K | 193K | $16M |
| JHXJAMES HARDIE INDS PLC | — | — | — | 630K | 999K | 719K | $14M |
| UDEMY INC | 3.3M | 3.8M | 3.3M | 3.0M | 3.2M | 2.7M | $13M |
| SGRYSURGERY PARTNERS INC | — | — | — | — | 673K | 1.0M | $12M |
| GDDYGODADDY INC | 108K | 156K | 92K | 105K | 139K | 123K | $10M |
| CNMCORE & MAIN INC | 230K | 351K | 310K | 277K | 273K | 199K | $10M |
| PLNTPLANET FITNESS INC | — | 38K | 186K | 210K | 205K | 102K | $8M |
| OMFONEMAIN HLDGS INC | — | — | — | — | — | 60K | $3M |
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.
