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Whitebark Investors LP 13F holdings, Q4 2025

Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →

Whitebark Investors LP disclosed 9 US equity positions worth $166.0m in its Q4 2025 13F filing. The largest position was FLUTTER ENTMT PLC at 17.5% of the reported book, followed by CPNG and MSFT. Against the Q3 2025 filing, it opened 1 new position, added to 4 and reduced 4 among the top 9 holdings.

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What did Whitebark Investors LP own in Q4 2025? Top 9 positions

#StockSectorWeightValueSharesΔ sharesvs Q3 2025
1 FLUTTER ENTMT PLC 17.5%$29.0m134,766 -4% reduced
2 CPNG COUPANG INC Consumer Cyclical 14.9%$24.8m1,050,996 14% added
3 MSFT MICROSOFT CORP Technology 14.8%$24.6m50,859 -23% reduced
4 GLBE GLOBAL E ONLINE LTD Consumer Cyclical 14.1%$23.4m595,432 32% added
5 GSHD GOOSEHEAD INS INC 11.9%$19.8m269,322 -21% reduced
6 GO GROCERY OUTLET HLDG CORP Consumer Defensive 9.9%$16.4m1,619,274 149% added
7 BLND BLEND LABS INC 9.3%$15.4m5,069,258 -9% reduced
8 KLAR KLARNA GROUP PLC Financial Services 4.7%$7.7m267,378 346% added
9 SHEN SHENANDOAH TELECOMMUNICATION Communication Services 2.9%$4.9m423,063 – 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.