Anabranch Capital Management, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Anabranch Capital Management, LP reported 5 stock positions worth $148.8 million. Its top holding was Transdigm (TDG) at 24.6% of the portfolio, followed by Carvana (CVNA, 23.3%) and Somnigroup International (SGI, 18.3%). Compared with Q3 2025, it sold out of 1, added to 1 and reduced 3. The biggest buy was Guidewire Software (GWRE, shares +277%) and the biggest sale an exit from Liberty Media Corp.-Liberty-C (LLYVK).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001822480
- Portfolio Value
- $148.8M (Q4 2025)
- SEC Filing
- 0001420506-26-000459 ↗ filed Feb 17, 2026
Holdings Value
Holdings 5 stocks · $148.8M
| TDG Transdigm Group Inc. | 24.63% | 27,555 | $36.6M | No change |
| CVNA Carvana Co. | 23.26% | 82,028 | $34.6M | Reduce -25.7% |
| SGI Somnigroup International Inc. | 18.30% | 304,956 | $27.2M | Reduce -7.9% |
| HLT Hilton Worldwide Holdings Inc. | 16.97% | 87,922 | $25.3M | Reduce -15.6% |
| GWRE Guidewire Software Inc. | 16.84% | 124,645 | $25.1M | Add +276.6% |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
| GWRE Guidewire Software Inc. | Add +276.6% | 16.84% | +12.05 |
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 |