Ashe Capital Management, LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Ashe Capital Management, LP reported 7 stock positions worth $797.4 million. Its top holding was Shopify Class A (SHOP) at 24.5% of the portfolio, followed by Appfolio Class A (APPF, 20.7%) and Liberty Media Class C (FWONK, 17.2%). Compared with Q4 2025, it opened 1 new position and reduced 5. The biggest buy was a new position in DoorDash Class A (DASH) and the biggest sale Appfolio Class A (APPF, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- Englewood Cliffs, NJ
- CIK
- 0001632715
- Portfolio Value
- $797.4M (Q1 2026)
- SEC Filing
- 0001172661-26-002047 ↗ filed May 15, 2026
Holdings Value
Holdings 7 stocks · $797.4M
| SHOP Shopify Inc. Class A | 24.51% | 1,647,738 | $195.5M | Reduce -5.9% |
| APPF Appfolio Inc. Class A | 20.74% | 1,047,915 | $165.4M | Reduce -2.8% |
| FWONK Liberty Media Corp. Class C | 17.23% | 1,616,024 | $137.4M | Reduce -14.5% |
| FWONA Liberty Media Corp. Class A | 11.60% | 1,184,179 | $92.5M | No change |
| DDOG Datadog Inc. Class A | 10.90% | 736,493 | $86.9M | Reduce -2.6% |
| VEEV Veeva Systems Inc. Class A | 9.99% | 453,417 | $79.6M | Reduce -3.1% |
| DASH DoorDash Inc. Class A | 5.03% | 267,000 | $40.1M | New |
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
| DASH DoorDash Inc. Class A | New | 5.03% | +5.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 7 | $931.5M | DDOG, SHOP, APPF, FWONK, FWONA |
| Q1 2026 | 7 | $797.4M | SHOP, APPF, FWONK, FWONA, DDOG |
| Q4 2025 | 6 | $1.0B | SHOP, APPF, FWONK, FWONA, VEEV |
| Q3 2025 | 7 | $1.4B | APPF, SHOP, FWONK, VEEV, DDOG |
| Q2 2025 | 7 | $1.3B | APPF, FWONK, SHOP, VEEV, DDOG |
| Q1 2025 | 7 | $1.1B | APPF, FWONK, SHOP, VEEV, TEAM |
| Q4 2024 | 7 | $1.2B | APPF, FWONK, SHOP, DDOG, TEAM |
| Q3 2024 | 7 | $1.3B | APPF, FWONK, SHOP, DDOG, VEEV |
| Q2 2024 | 7 | $1.2B | APPF, FWONK, SHOP, DDOG, VEEV |
| Q1 2024 | 9 | $1.2B | APPF, FWONK, SHOP, DDOG, TEAM |