Tremblant Capital 13F holdings, Q1 2019
Holdings as of March 31, 2019 · filings on SEC EDGAR · latest filing →
Tremblant Capital disclosed 35 US equity positions worth $1.6bn in its Q1 2019 13F filing. The largest position was TWITTER INC at 6.8% of the reported book, followed by SPOT and CBS CORP NEW. Against the Q4 2018 filing, it opened 8 new positions, added to 11 and reduced 16 among the top 35 holdings.
What did Tremblant Capital own in Q1 2019? Top 35 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2018 |
|---|---|---|---|---|---|---|---|
| 1 | TWITTER INC | 6.8% | $106.9m | 3,251,493 | 8% | added | |
| 2 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 6.5% | $103.3m | 744,365 | 13% | added |
| 3 | CBS CORP NEW | 5.9% | $93.2m | 1,960,027 | 4% | added | |
| 4 | TDG TRANSDIGM GROUP INC | Industrials | 5.4% | $85.4m | 188,088 | -20% | reduced |
| 5 | AMZN AMAZON COM INC | Consumer Cyclical | 5.0% | $79.7m | 44,756 | -26% | reduced |
| 6 | REALOGY HLDGS CORP | 5.0% | $79.3m | 6,958,531 | 14% | added | |
| 7 | PANW PALO ALTO NETWORKS INC | Technology | 5.0% | $79.1m | 325,652 | -20% | reduced |
| 8 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 4.5% | $71.9m | 1,438,217 | 23% | added |
| 9 | PGR PROGRESSIVE CORP OHIO | Financial Services | 4.5% | $71.4m | 991,045 | -10% | reduced |
| 10 | SKAA SKECHERS U S A INC | 4.2% | $65.7m | 1,955,972 | -23% | reduced | |
| 11 | META FACEBOOK INC | Communication Services | 3.9% | $62.3m | 373,561 | – | new |
| 12 | MDLZ MONDELEZ INTL INC | Consumer Defensive | 3.9% | $61.6m | 1,234,420 | 2% | added |
| 13 | PAGS PAGSEGURO DIGITAL LTD | Technology | 3.8% | $60.2m | 2,015,195 | -15% | reduced |
| 14 | WYNDHAM DESTINATIONS INC | 3.6% | $56.9m | 1,405,789 | 6% | added | |
| 15 | PYPL PAYPAL HLDGS INC | Financial Services | 3.0% | $48.0m | 462,005 | -51% | reduced |
| 16 | LINE CORP | 2.9% | $46.2m | 1,313,198 | -10% | reduced | |
| 17 | PFPT PROOFPOINT INC | 2.9% | $46.0m | 378,542 | -49% | reduced | |
| 18 | MLCO MELCO RESORTS AND ENTMT LTD | Consumer Cyclical | 2.8% | $44.5m | 1,968,209 | -23% | reduced |
| 19 | AVALARA INC | 2.7% | $42.8m | 767,084 | – | new | |
| 20 | QSR RESTAURANT BRANDS INTL INC | Consumer Cyclical | 2.6% | $40.9m | 628,683 | 56% | added |
| 21 | FIVN FIVE9 INC | Technology | 2.5% | $39.3m | 743,615 | -8% | reduced |
| 22 | TGT TARGET CORP | Consumer Defensive | 2.3% | $36.9m | 460,263 | 26% | added |
| 23 | GRUBHUB INC | 1.5% | $23.0m | 331,416 | 68% | added | |
| 24 | QTWO Q2 HLDGS INC | Technology | 1.4% | $22.8m | 329,019 | 147% | added |
| 25 | KMI KINDER MORGAN INC DEL | Energy | 1.3% | $20.5m | 1,025,959 | -5% | reduced |
| 26 | VRNS VARONIS SYS INC | Technology | 1.1% | $16.9m | 283,839 | – | new |
| 27 | BL BLACKLINE INC | Technology | 0.9% | $14.7m | 318,021 | – | new |
| 28 | VAC MARRIOTT VACTINS WORLDWID CO | Consumer Cyclical | 0.9% | $14.4m | 154,317 | -6% | reduced |
| 29 | RED HAT INC | 0.7% | $10.6m | 57,893 | -33% | reduced | |
| 30 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 0.5% | $8.5m | 274,948 | -6% | reduced |
| 31 | MICHAELS COS INC | 0.5% | $7.4m | 646,045 | – | new | |
| 32 | YUMC YUM CHINA HLDGS INC | Consumer Cyclical | 0.5% | $7.4m | 164,030 | – | new |
| 33 | RCL ROYAL CARIBBEAN CRUISES LTD | Consumer Cyclical | 0.4% | $6.3m | 55,000 | – | new |
| 34 | NCLH NORWEGIAN CRUISE LINE HLDG L | Consumer Cyclical | 0.4% | $5.8m | 105,981 | – | new |
| 35 | PG PROCTER AND GAMBLE CO | Consumer Defensive | 0.1% | $2.1m | 20,404 | -78% | reduced |
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.