Anabranch Capital Management, LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Anabranch Capital Management, LP reported 6 stock positions worth $167.5 million. Its top holding was Hilton Worldwide (HLT) at 26.3% of the portfolio, followed by Carvana (CVNA, 22.0%) and Transdigm (TDG, 19.5%). Compared with Q1 2025, it sold out of 1, added to 1 and reduced 3. The biggest buy was Hilton Worldwide (HLT, shares +66%) and the biggest sale an exit from Microsoft (MSFT).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001822480
- Portfolio Value
- $167.5M (Q2 2025)
- SEC Filing
- 0001420506-25-002003 ↗ filed Aug 14, 2025
Holdings Value
Holdings 6 stocks · $167.5M
| HLT Hilton Worldwide Holdings Inc. | 26.26% | 165,075 | $44.0M | Add +65.9% |
| CVNA Carvana Co. | 21.98% | 109,255 | $36.8M | Reduce -6.5% |
| TDG Transdigm Group Inc. | 19.45% | 21,419 | $32.6M | No change |
| SGI Somnigroup International Inc. | 18.50% | 455,287 | $31.0M | Reduce -18.0% |
| LLYVK Liberty Media Corp.-Liberty-C | 9.15% | 188,869 | $15.3M | No change |
| GWRE Guidewire Software Inc. | 4.65% | 33,093 | $7.8M | Reduce -58.6% |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| HLT Hilton Worldwide Holdings Inc. | Add +65.9% | 26.26% | +11.61 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 5 | $130.9M | CVNA, TDG, SGI, GWRE, HLT |
| Q1 2026Amended | 5 | $114.9M | CVNA, TDG, HLT, GWRE, SGI |
| Q4 2025 | 5 | $148.8M | TDG, CVNA, SGI, HLT, GWRE |
| Q3 2025 | 6 | $158.9M | CVNA, TDG, SGI, HLT, LLYVK |
| Q2 2025 | 6 | $167.5M | HLT, CVNA, TDG, SGI, LLYVK |
| Q1 2025 | 7 | $154.6M | SGI, TDG, CVNA, HLT, MSFT |
| Q4 2024Amended | 8 | $167.1M | GWRE, TDG, MSFT, CVNA, SGI |
| Q3 2024 | 7 | $170.4M | TDG, GWRE, MSFT, CVNA, HLT |
| Q2 2024 | 7 | $167.9M | GWRE, TDG, MSFT, SGI, HLT |
| Q1 2024 | 7 | $171.6M | TDG, GWRE, SGI, MSFT, NYT |