Shellback Capital, LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Shellback Capital, LP disclosed 85 US equity positions worth $1.0bn in its Q4 2025 13F filing. The largest position was TPR at 5.8% of the reported book, followed by SN and ULTA. Against the Q3 2025 filing, it opened 14 new positions, added to 20 and reduced 11 among the top 50 holdings.
What did Shellback Capital, LP own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TPR TAPESTRY INC | Consumer Cyclical | 5.8% | $61.1m | 478,500 | 0% | held |
| 2 | SN SHARKNINJA INC | Consumer Cyclical | 5.4% | $56.4m | 504,261 | 131% | added |
| 3 | ULTA ULTA BEAUTY INC | Consumer Cyclical | 5.3% | $55.4m | 91,500 | -28% | reduced |
| 4 | RL RALPH LAUREN CORP | Consumer Cyclical | 5.2% | $55.0m | 155,413 | 6% | added |
| 5 | ROST ROSS STORES INC | Consumer Cyclical | 4.6% | $48.6m | 269,700 | 26% | added |
| 6 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 3.9% | $40.6m | 70,000 | 27% | added |
| 7 | AS AMER SPORTS INC | Consumer Cyclical | 3.5% | $37.0m | 990,000 | 45% | added |
| 8 | TKR TIMKEN CO | Industrials | 3.2% | $33.3m | 396,099 | 45% | added |
| 9 | AMZN AMAZON COM INC | Consumer Cyclical | 2.8% | $28.9m | 125,000 | 525% | added |
| 10 | CHDN CHURCHILL DOWNS INC | Consumer Cyclical | 2.7% | $28.4m | 250,000 | 0% | held |
| 11 | BKNG BOOKING HOLDINGS INC | Consumer Cyclical | 2.6% | $26.8m | 5,000 | 11% | added |
| 12 | DKS DICKS SPORTING GOODS INC | Consumer Cyclical | 2.5% | $26.6m | 134,250 | -14% | reduced |
| 13 | FIVE FIVE BELOW INC | Consumer Cyclical | 2.4% | $25.1m | 133,000 | -0% | held |
| 14 | BURL BURLINGTON STORES INC | Consumer Cyclical | 2.3% | $24.1m | 83,515 | 6% | added |
| 15 | BROS DUTCH BROS INC | Consumer Cyclical | 2.1% | $22.0m | 359,000 | – | new |
| 16 | CPRI CAPRI HOLDINGS LIMITED | Consumer Cyclical | 2.1% | $21.5m | 883,000 | 8% | added |
| 17 | DOV DOVER CORP | Industrials | 1.9% | $19.4m | 99,350 | 4749% | added |
| 18 | ABNB AIRBNB INC | Consumer Cyclical | 1.7% | $18.3m | 135,000 | 127% | added |
| 19 | NXPI NXP SEMICONDUCTORS N V | Technology | 1.7% | $17.7m | 81,585 | – | new |
| 20 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 1.5% | $15.8m | 55,000 | – | new |
| 21 | BOOT BOOT BARN HLDGS INC | Consumer Cyclical | 1.4% | $15.1m | 85,300 | -40% | reduced |
| 22 | MCHP MICROCHIP TECHNOLOGY INC. | Technology | 1.4% | $14.3m | 225,000 | – | new |
| 23 | GOOGL ALPHABET INC | Communication Services | 1.3% | $14.1m | 45,000 | – | new |
| 24 | W WAYFAIR INC | Consumer Cyclical | 1.2% | $12.9m | 128,429 | -68% | reduced |
| 25 | UBER UBER TECHNOLOGIES INC | Technology | 1.2% | $12.3m | 150,000 | 100% | added |
| 26 | LECO LINCOLN ELEC HLDGS INC | Industrials | 1.2% | $12.2m | 51,114 | – | new |
| 27 | GPI GROUP 1 AUTOMOTIVE INC | Consumer Cyclical | 1.1% | $11.8m | 30,000 | -36% | reduced |
| 28 | LYV LIVE NATION ENTERTAINMENT IN | Communication Services | 1.1% | $11.7m | 81,870 | 36% | added |
| 29 | DASH DOORDASH INC | Consumer Cyclical | 1.1% | $11.3m | 50,000 | -58% | reduced |
| 30 | ROKU ROKU INC | Communication Services | 1.1% | $11.1m | 102,474 | – | new |
| 31 | AZO AUTOZONE INC | Consumer Cyclical | 1.0% | $10.9m | 3,200 | -38% | reduced |
| 32 | CMI CUMMINS INC | Industrials | 1.0% | $10.2m | 20,000 | – | new |
| 33 | ON HLDG AG | 1.0% | $10.1m | 217,000 | 21% | added | |
| 34 | WMT WALMART INC | Consumer Defensive | 1.0% | $10.0m | 90,000 | 64% | added |
| 35 | VSXY VICTORIAS SECRET AND CO | Consumer Cyclical | 0.9% | $9.9m | 183,126 | 2154% | added |
| 36 | MLM MARTIN MARIETTA MATLS INC | Basic Materials | 0.9% | $9.9m | 15,920 | – | new |
| 37 | OLLI OLLIES BARGAIN OUTLET HLDGS | Consumer Defensive | 0.9% | $9.6m | 87,938 | -59% | reduced |
| 38 | EAT BRINKER INTL INC | Consumer Cyclical | 0.9% | $9.0m | 62,800 | 71% | added |
| 39 | M MACYS INC | Consumer Cyclical | 0.8% | $7.9m | 357,000 | – | new |
| 40 | BBY BEST BUY INC | Consumer Cyclical | 0.7% | $7.4m | 110,800 | -54% | reduced |
| 41 | LITE LUMENTUM HLDGS INC | Technology | 0.7% | $7.4m | 20,000 | – | new |
| 42 | LTH LIFE TIME GROUP HOLDINGS INC | Consumer Cyclical | 0.7% | $7.3m | 274,200 | 0% | held |
| 43 | NCLH NORWEGIAN CRUISE LINE HLDG L | Consumer Cyclical | 0.7% | $7.3m | 325,000 | 117% | added |
| 44 | ALK ALASKA AIR GROUP INC | Industrials | 0.7% | $7.0m | 140,000 | -36% | reduced |
| 45 | PUMP PROPETRO HLDG CORP | Energy | 0.6% | $6.6m | 697,349 | – | new |
| 46 | HIVE HIVE DIGITAL TECHNOLOGIES LT | 0.6% | $6.2m | 2,400,000 | 48% | added | |
| 47 | COPA HOLDINGS SA | 0.6% | $6.0m | 50,036 | 0% | held | |
| 48 | WYNN WYNN RESORTS LTD | Consumer Cyclical | 0.6% | $6.0m | 50,000 | -58% | reduced |
| 49 | MKSI MKS INC. | Technology | 0.6% | $5.8m | 36,407 | – | new |
| 50 | REGN REGENERON PHARMACEUTICALS | Healthcare | 0.5% | $5.7m | 7,384 | – | new |
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.