Blacksheep Fund Management Ltd 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Blacksheep Fund Management Ltd disclosed 3 US equity positions worth $71.4m in its Q2 2025 13F filing. The largest position was LLYVK at 56.0% of the reported book, followed by TCX and FWONA. Against the Q1 2025 filing, it opened 0 new positions, added to 0 and reduced 0 among the top 3 holdings.
What did Blacksheep Fund Management Ltd own in Q2 2025? Top 3 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | LLYVK LIBERTY MEDIA CORP DEL | 56.0% | $40.0m | 383,056 | 0% | held | |
| 2 | TCX TUCOWS INC | 30.1% | $21.5m | 1,091,985 | 0% | held | |
| 3 | FWONA LIBERTY MEDIA CORP DEL | 13.8% | $9.9m | 104,010 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.