XN LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
XN LP disclosed 26 US equity positions worth $3.6bn in its Q4 2025 13F filing. The largest position was TKO at 16.8% of the reported book, followed by TOST and TSM. Against the Q3 2025 filing, it opened 5 new positions, added to 8 and reduced 8 among the top 26 holdings.
What did XN LP own in Q4 2025? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TKO TKO GROUP HOLDINGS INC | Communication Services | 16.8% | $599.2m | 2,866,943 | 6% | added |
| 2 | TOST TOAST INC | Technology | 8.9% | $319.2m | 8,988,386 | 51% | added |
| 3 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 6.9% | $247.3m | 813,866 | -8% | reduced |
| 4 | SHW SHERWIN WILLIAMS CO | Basic Materials | 6.0% | $213.8m | 659,729 | 5% | added |
| 5 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 5.0% | $176.9m | 304,602 | 38% | added |
| 6 | GE GE AEROSPACE | Industrials | 4.9% | $175.3m | 569,227 | 0% | held |
| 7 | PCOR PROCORE TECHNOLOGIES INC | Technology | 4.7% | $169.0m | 2,323,031 | 0% | held |
| 8 | UNP UNION PAC CORP | Industrials | 4.5% | $160.0m | 691,658 | -15% | reduced |
| 9 | RDDT REDDIT INC | Communication Services | 4.4% | $157.8m | 686,301 | 1% | added |
| 10 | TRU TRANSUNION | Financial Services | 4.2% | $150.0m | 1,748,965 | -29% | reduced |
| 11 | CBRE CBRE GROUP INC | Real Estate | 4.1% | $147.1m | 915,067 | – | new |
| 12 | AMZN AMAZON COM INC | Consumer Cyclical | 3.8% | $134.0m | 580,754 | -17% | reduced |
| 13 | NVDA NVIDIA CORPORATION | Technology | 3.1% | $111.0m | 595,149 | 6% | added |
| 14 | CRH CRH PLC | Basic Materials | 3.1% | $109.8m | 879,676 | 0% | held |
| 15 | CRM SALESFORCE INC | Technology | 3.0% | $106.8m | 403,232 | 2% | added |
| 16 | GOOG ALPHABET INC | Communication Services | 2.8% | $99.3m | 316,285 | 0% | held |
| 17 | WBD WARNER BROS DISCOVERY INC | Communication Services | 2.5% | $88.9m | 3,084,372 | -45% | reduced |
| 18 | AMAT APPLIED MATLS INC | Technology | 2.4% | $86.6m | 336,900 | 0% | held |
| 19 | MDLN MEDLINE INC | Healthcare | 1.8% | $63.1m | 1,502,000 | – | new |
| 20 | JCI JOHNSON CTLS INTL PLC | Industrials | 1.5% | $53.5m | 446,441 | 56% | added |
| 21 | FERG FERGUSON ENTERPRISES INC | Industrials | 1.3% | $47.3m | 212,510 | -58% | reduced |
| 22 | CNM CORE & MAIN INC | Industrials | 1.0% | $36.3m | 698,200 | – | new |
| 23 | SOLS SOLSTICE ADVANCED MATLS INC | Basic Materials | 1.0% | $34.6m | 711,674 | – | new |
| 24 | META META PLATFORMS INC | Communication Services | 0.9% | $33.9m | 51,313 | -57% | reduced |
| 25 | MSFT MICROSOFT CORP | Technology | 0.8% | $27.4m | 56,689 | – | new |
| 26 | FIG FIGMA INC | Technology | 0.6% | $20.4m | 546,308 | -80% | 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.