Concentrated constructive activist. Long-hold (3-5y). Rolls-Royce, Microsoft, Salesforce.
| Quarter | Filer (100=start) | SPY | Filed value | Positions |
|---|---|---|---|---|
| 2026-03-31 | 100.0 | 100.0 | $5.71B | 18 |
| 2026-06-30 | 98.6 | 104.2 | $5.63B | 18 |
Filed NAV tracks the reported long-equity book only. It excludes cash, shorts, debt, options and non-13F assets, so it is not the fund's return.
| # | Ticker | Issuer | Value | % of book | Shares |
|---|---|---|---|---|---|
| 1 | V | VISA INC | $794.7M | 14.1% | 2.32M |
| 2 | AMZN | AMAZON COM INC | $701.1M | 12.4% | 2.94M |
| 3 | RKT | ROCKET COS INC | $656.3M | 11.6% | 41.67M |
| 4 | BLK | BLACKROCK INC | $559.3M | 9.9% | 581.7K |
| 5 | META | META PLATFORMS INC | $515.8M | 9.2% | 915.7K |
| 6 | CRM | SALESFORCE INC | $469.1M | 8.3% | 2.99M |
| 7 | TOST | TOAST INC | $393.2M | 7.0% | 14.13M |
| 8 | KKR | KKR & CO INC | $326.6M | 5.8% | 3.56M |
| 9 | SPOT | SPOTIFY TECHNOLOGY S A | $241.9M | 4.3% | 526.8K |
| 10 | LLYVA | LIBERTY LIVE HOLDINGS INC | $229.5M | 4.1% | 2.17M |
| 11 | SSD | SIMPSON MFG INC | $173.9M | 3.1% | 830.6K |
| 12 | RBLX | ROBLOX CORP | $171.2M | 3.0% | 3.15M |
| 13 | CBRE | CBRE GROUP INC | $133.7M | 2.4% | 992.4K |
| 14 | LLYVA | LIBERTY LIVE HOLDINGS INC | $79.5M | 1.4% | 785.1K |
| 15 | MDB | MONGODB INC | $55.7M | 1.0% | 165.7K |
| 16 | LYV | LIVE NATION ENTERTAINMENT IN | $55.3M | 1.0% | 302.1K |
| 17 | WIX | WIX COM LTD | $47.4M | 0.8% | 1.10M |
| 18 | PAYP | PAYPAY CORP | $30.9M | 0.5% | 2.15M |
| Ticker | Issuer | Action | Δ shares | Δ value |
|---|---|---|---|---|
| RKT | ROCKET COS INC | increased | +47.7% | $254.2M |
| MDB | MONGODB INC | decreased | -84.0% | -$198.4M |
| RBLX | ROBLOX CORP | decreased | -46.2% | -$159.6M |
| LLYVA | LIBERTY LIVE HOLDINGS INC | decreased | -39.0% | -$105.7M |
| CBRE | CBRE GROUP INC | increased | +323.0% | $101.9M |
| AMZN | AMAZON COM INC | increased | +2.0% | $100.3M |
| LLYVA | LIBERTY LIVE HOLDINGS INC | decreased | -55.8% | -$83.4M |
| SPOT | SPOTIFY TECHNOLOGY S A | increased | +46.9% | $68.0M |
| SSD | SIMPSON MFG INC | decreased | -40.6% | -$66.0M |
| TOST | TOAST INC | increased | +9.6% | $51.4M |
| LYV | LIVE NATION ENTERTAINMENT IN | decreased | -51.6% | -$40.0M |
| DIS | DISNEY WALT CO | closed | -100.0% | -$38.6M |
| BLK | BLACKROCK INC | increased | +6.5% | $34.1M |
| PAYP | PAYPAY CORP | new | +100.0% | $30.9M |
| KKR | KKR & CO INC | increased | +8.5% | $23.2M |
Compare this book against the other 72 filers, screen for consensus positions, and follow quarterly moves as they land.
OPEN THE PORTFOLIO TRACKER →