Two Creeks Capital Management, LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Two Creeks Capital Management, LP disclosed 26 US equity positions worth $1.2bn in its Q4 2025 13F filing. The largest position was FND at 6.9% of the reported book, followed by V and MIR. Against the Q3 2025 filing, it opened 5 new positions, added to 5 and reduced 15 among the top 26 holdings.
What did Two Creeks Capital Management, LP own in Q4 2025? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 6.9% | $83.6m | 1,373,531 | -8% | reduced |
| 2 | V VISA INC | Financial Services | 6.3% | $76.9m | 219,206 | 2% | added |
| 3 | MIR MIRION TECHNOLOGIES INC | Industrials | 5.6% | $68.5m | 2,923,802 | -19% | reduced |
| 4 | CMG CHIPOTLE MEXICAN GRILL INC | Consumer Cyclical | 5.4% | $65.3m | 1,765,147 | -27% | reduced |
| 5 | DHR DANAHER CORPORATION | Healthcare | 5.0% | $61.2m | 267,329 | – | new |
| 6 | UBER UBER TECHNOLOGIES INC | Technology | 5.0% | $61.2m | 748,748 | -11% | reduced |
| 7 | LOW LOWES COS INC | Consumer Cyclical | 4.8% | $58.1m | 240,807 | -11% | reduced |
| 8 | ASML ASML HOLDING N V | Technology | 4.6% | $56.3m | 52,625 | -43% | reduced |
| 9 | CPNG COUPANG INC | Consumer Cyclical | 4.3% | $52.6m | 2,228,146 | 34% | added |
| 10 | MA MASTERCARD INCORPORATED | Financial Services | 4.2% | $51.4m | 89,998 | -11% | reduced |
| 11 | MSFT MICROSOFT CORP | Technology | 4.1% | $50.3m | 103,980 | 34% | added |
| 12 | PLNT PLANET FITNESS INC | Consumer Cyclical | 4.1% | $50.0m | 461,206 | -16% | reduced |
| 13 | TLN TALEN ENERGY CORP | Utilities | 4.1% | $49.8m | 132,962 | -8% | reduced |
| 14 | ABNB AIRBNB INC | Consumer Cyclical | 3.9% | $48.0m | 353,550 | -28% | reduced |
| 15 | U UNITY SOFTWARE INC | Technology | 3.9% | $47.0m | 1,063,773 | – | new |
| 16 | GRAB HOLDINGS LIMITED | 3.6% | $44.3m | 8,881,384 | -8% | reduced | |
| 17 | WING WINGSTOP INC | Consumer Cyclical | 3.4% | $40.9m | 171,462 | 8% | added |
| 18 | DKNG DRAFTKINGS INC NEW | Consumer Cyclical | 3.2% | $38.6m | 1,120,460 | – | new |
| 19 | EXE EXPAND ENERGY CORPORATION | Energy | 3.1% | $38.1m | 344,837 | -8% | reduced |
| 20 | EQT EQT CORP | Energy | 3.1% | $37.9m | 707,665 | -32% | reduced |
| 21 | ENTG ENTEGRIS INC | Technology | 3.0% | $36.3m | 431,421 | -15% | reduced |
| 22 | AMZN AMAZON COM INC | Consumer Cyclical | 2.8% | $34.1m | 147,575 | – | new |
| 23 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.4% | $28.9m | 95,110 | – | new |
| 24 | HDB HDFC BANK LTD | Financial Services | 2.2% | $27.2m | 743,331 | 1% | added |
| 25 | RTO RENTOKIL INITIAL PLC | 0.8% | $9.9m | 334,758 | -1% | reduced | |
| 26 | IBN ICICI BANK LIMITED | Financial Services | 0.3% | $3.4m | 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.