CIK 2042091
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 |
|---|---|---|
| Unclassified | 21.91% | 2 |
| Software & IT Services | 19.61% | 2 |
| Specialty Retail | 16.15% | 1 |
| Software | 15.05% | 1 |
| Insurance | 9.19% | 1 |
| Food & Staples Retailing | 9.13% | 1 |
| Diversified Telecommunication Services | 8.96% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | CPNG | Coupang, Inc. | Consumer Discretionary | 16.15% |
| 2 | MSFT | MICROSOFT CORP | Information Technology | 15.05% |
| 3 | GLBE | GLOBAL E ONLINE LTD | Unclassified | 14.69% |
| 4 | FLUT | Flutter Entertainment plc | Information Technology | 10.99% |
| 5 | GSHD | Goosehead Insurance, Inc. | Financials | 9.19% |
| 6 | GO | Grocery Outlet Holding Corp. | Consumer Staples | 9.13% |
| 7 | SHEN | SHENANDOAH TELECOMMUNICATIONS CO/VA/ | Communication Services | 8.96% |
| 8 | BLND | Blend Labs, Inc. | Information Technology | 8.62% |
| 9 | KLAR | KLARNA GROUP PLC | Unclassified | 7.23% |
7/9 names classified · sector 78.1% of weight · industry 78.1% · mkt cap 78.1%; 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: 78.1% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 58.5% of book weight (5/9 names) · unclassified 41.5%: GLBE, FLUT, BLND, KLAR. 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 | CPNGCOUPANG INC | 1,069,897 | $20M | 16.2% | HOLD |
| 2 | MSFTMICROSOFT CORP | 50,859 | $19M | 15.1% | HOLD |
| 3 | GLBEGLOBAL E ONLINE LTD | 595,432 | $18M | 14.7% | HOLD |
| 4 | FLUTFLUTTER ENTMT PLC | 134,766 | $14M | 11.0% | HOLD |
| 5 | GSHDGOOSEHEAD INS INC | 269,322 | $11M | 9.2% | HOLD |
| 6 | GOGROCERY OUTLET HLDG CORP | 1,619,274 | $11M | 9.1% | HOLD |
| 7 | SHENSHENANDOAH TELECOMMUNICATION | 726,445 | $11M | 9.0% | ADD 72% |
| 8 | BLNDBLEND LABS INC | 6,343,497 | $11M | 8.6% | ADD 25% |
| 9 | KLARKLARNA GROUP PLC | 690,366 | $9M | 7.2% | ADD 158% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| CPNGCOUPANG INC | 320K | 619K | 1.7M | 922K | 1.1M | 1.1M | $20M |
| MSFTMICROSOFT CORP | 76K | 72K | 132K | 66K | 51K | 51K | $19M |
| GLBEGLOBAL E ONLINE LTD | 312K | 71K | 446K | 450K | 595K | 595K | $18M |
| FLUTFLUTTER ENTMT PLC | 157K | 157K | 295K | 140K | 135K | 135K | $14M |
| GSHDGOOSEHEAD INS INC | 516K | 339K | 339K | 339K | 269K | 269K | $11M |
| GOGROCERY OUTLET HLDG CORP | — | 650K | 1.3M | 650K | 1.6M | 1.6M | $11M |
| SHENSHENANDOAH TELECOMMUNICATION | — | — | — | — | 423K | 726K | $11M |
| BLNDBLEND LABS INC | 2.6M | 4.6M | 9.7M | 5.6M | 5.1M | 6.3M | $11M |
| KLARKLARNA GROUP PLC | — | — | — | 60K | 267K | 690K | $9M |
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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