Atalan Capital Partners, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Atalan Capital Partners, LP reported 11 stock positions worth $1.4 billion. Its top holding was Seagate Technology (STX) at 14.6% of the portfolio, followed by Amphenol Class A (APH, 13.3%) and S&P Global (SPGI, 11.5%). Compared with Q3 2025, it opened 1 new position, added to 2 and reduced 7. The biggest buy was a new position in Spotify Technology (SPOT) and the biggest sale Willis Towers Watson (WTW, shares −35%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001662906
- Portfolio Value
- $1.4B (Q4 2025)
- SEC Filing
- 0001662906-26-000001 ↗ filed Feb 17, 2026
Holdings Value
Holdings 11 stocks · $1.4B
| STX Seagate Technology Holdings | 14.63% | 746,600 | $205.6M | No change |
| APH Amphenol Corp. Class A | 13.27% | 1,379,500 | $186.4M | Reduce -7.3% |
| SPGI S&P Global Inc. | 11.53% | 310,200 | $162.1M | Add +0.3% |
| MA Mastercard Inc. Class A | 9.39% | 231,250 | $132.0M | Reduce -4.5% |
| WDC Western Digital Corp. | 8.65% | 705,400 | $121.5M | Reduce -36.5% |
| TDG Transdigm Group Inc. | 8.29% | 87,650 | $116.6M | Reduce -5.5% |
| WTW Willis Towers Watson PLC | 7.86% | 336,000 | $110.4M | Reduce -34.8% |
| TLN Talen Energy Corp. | 7.45% | 279,315 | $104.7M | Reduce -12.4% |
| SPOT Spotify Technology SA | 6.59% | 159,440 | $92.6M | New |
| USFD US Foods Holding Corp. | 6.38% | 1,190,000 | $89.6M | Reduce -28.9% |
| HQY Healthequity Inc. | 5.97% | 915,150 | $83.8M | Add +0.4% |
Portfolio Sells Q3 2025 → Q4 2025
| WTW Willis Towers Watson PLC | Reduce -34.8% | 7.86% | −4.57 |
| USFD US Foods Holding Corp. | Reduce -28.9% | 6.38% | −2.57 |
| TLN Talen Energy Corp. | Reduce -12.4% | 7.45% | −2.02 |
| WDC Western Digital Corp. | Reduce -36.5% | 8.65% | −0.66 |
| TDG Transdigm Group Inc. | Reduce -5.5% | 8.29% | −0.24 |
| MA Mastercard Inc. Class A | Reduce -4.5% | 9.39% | −0.22 |
| APH Amphenol Corp. Class A | Reduce -7.3% | 13.27% | +0.41 |
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 9 | $1.6B | STX, MA, TTMI, GLW, TDG |
| Q1 2026 | 10 | $1.1B | STX, APH, MA, SPOT, TDG |
| Q4 2025 | 11 | $1.4B | STX, APH, SPGI, MA, WDC |
| Q3 2025 | 10 | $1.4B | APH, WTW, STX, SPGI, MA |
| Q2 2025 | 11 | $1.3B | SPGI, APH, USFD, WTW, TLN |
| Q1 2025 | 10 | $1.1B | SPGI, WTW, USFD, TDG, TLN |
| Q4 2024 | 9 | $1.0B | SPGI, USFD, WTW, TDG, TLN |
| Q3 2024 | 9 | $1.2B | SPGI, USFD, TDG, MRVL, TLN |
| Q2 2024 | 9 | $1.1B | SPGI, USFD, TDG, IQV, MRVL |
| Q1 2024 | 9 | $1.2B | USFD, TDG, SPGI, IQV, MRVL |