Two Creeks Capital Management, LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Two Creeks Capital Management, LP disclosed 25 US equity positions worth $1.4bn in its Q3 2025 13F filing. The largest position was FND at 8.0% of the reported book, followed by CMG and ASML. Against the Q2 2025 filing, it opened 3 new positions, added to 9 and reduced 12 among the top 25 holdings.
What did Two Creeks Capital Management, LP own in Q3 2025? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 8.0% | $110.6m | 1,500,378 | -7% | reduced |
| 2 | CMG CHIPOTLE MEXICAN GRILL INC | Consumer Cyclical | 6.8% | $95.2m | 2,428,983 | 73% | added |
| 3 | ASML ASML HOLDING N V | Technology | 6.4% | $89.4m | 92,352 | 2% | added |
| 4 | MIR MIRION TECHNOLOGIES INC | Industrials | 6.0% | $83.7m | 3,598,763 | – | new |
| 5 | UBER UBER TECHNOLOGIES INC | Technology | 5.9% | $82.5m | 841,939 | -13% | reduced |
| 6 | V VISA INC | Financial Services | 5.3% | $73.0m | 213,975 | -7% | reduced |
| 7 | LOW LOWES COS INC | Consumer Cyclical | 4.9% | $67.9m | 270,149 | -24% | reduced |
| 8 | TLN TALEN ENERGY CORP | Utilities | 4.4% | $61.6m | 144,813 | -57% | reduced |
| 9 | ABNB AIRBNB INC | Consumer Cyclical | 4.3% | $59.9m | 493,451 | 2% | added |
| 10 | FLUTTER ENTMT PLC | 4.3% | $59.8m | 235,362 | -19% | reduced | |
| 11 | GRAB HOLDINGS LIMITED | 4.2% | $58.2m | 9,662,752 | – | new | |
| 12 | MA MASTERCARD INCORPORATED | Financial Services | 4.1% | $57.6m | 101,184 | -7% | reduced |
| 13 | PLNT PLANET FITNESS INC | Consumer Cyclical | 4.1% | $56.9m | 548,040 | 1% | added |
| 14 | EQT EQT CORP | Energy | 4.0% | $56.2m | 1,033,275 | -16% | reduced |
| 15 | CPNG COUPANG INC | Consumer Cyclical | 3.8% | $53.4m | 1,656,867 | -25% | reduced |
| 16 | TEAM ATLASSIAN CORPORATION | Technology | 3.5% | $48.7m | 305,032 | 25% | added |
| 17 | CRH CRH PLC | Basic Materials | 3.4% | $47.3m | 394,350 | -55% | reduced |
| 18 | ENTG ENTEGRIS INC | Technology | 3.4% | $46.8m | 506,222 | – | new |
| 19 | MSFT MICROSOFT CORP | Technology | 2.9% | $40.1m | 77,514 | -13% | reduced |
| 20 | WING WINGSTOP INC | Consumer Cyclical | 2.9% | $39.9m | 158,465 | -15% | reduced |
| 21 | EXE EXPAND ENERGY CORPORATION | Energy | 2.9% | $39.8m | 374,239 | 1% | added |
| 22 | HDB HDFC BANK LTD | Financial Services | 1.8% | $25.2m | 736,895 | 11% | added |
| 23 | TYL TYLER TECHNOLOGIES INC | Technology | 1.8% | $25.1m | 47,983 | 1% | added |
| 24 | RTO RENTOKIL INITIAL PLC | 0.6% | $8.6m | 338,678 | 326% | added | |
| 25 | IBN ICICI BANK LIMITED | Financial Services | 0.3% | $3.5m | 115,114 | 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.