Benchstone Capital Management LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Benchstone Capital Management LP reported 38 stock positions worth $859.5 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 5.6% of the portfolio, followed by Broadcom (AVGO, 5.3%) and Echostar Class A (ECHO, 5.3%). Compared with Q4 2025, it opened 16 new positions, sold out of 21, added to 11 and reduced 11. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale Meta Platforms Class A (META, shares −70%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0002016777
- Portfolio Value
- $859.5M (Q1 2026)
- SEC Filing
- 0001420506-26-001126 ↗ filed May 15, 2026
Holdings Value
Holdings 38 stocks · $859.5M
| TSM Taiwan Semiconductor-SP ADR | 5.65% | 143,637 | $48.5M | Reduce -1.8% |
| AVGO Broadcom Inc. | 5.32% | 147,747 | $45.7M | Add +156.6% |
| ECHO Echostar Corp. Class A | 5.30% | 388,987 | $45.5M | Add +130.6% |
| FWONK Liberty Media Corp. Class C | 4.40% | 444,953 | $37.8M | Add +8.2% |
| SPOT Spotify Technology SA | 4.14% | 73,428 | $35.6M | Add +313.3% |
| H Hyatt Hotels Corp. Class A | 4.07% | 243,386 | $35.0M | Add +108.1% |
| EQIX Equinix Inc. | 3.91% | 34,324 | $33.6M | Add +43.6% |
| GOOGL Alphabet Inc. Class A | 3.87% | 115,699 | $33.3M | New |
| ADI Analog Devices Inc. | 3.87% | 104,474 | $33.2M | New |
| BURL Burlington Stores Inc. | 3.68% | 97,140 | $31.6M | Add +14.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 3.46% | 22,548 | $29.8M | Add +14.3% |
| AMAT Applied Materials Inc. | 3.44% | 86,528 | $29.6M | Add +73.1% |
| SNPS Synopsys Inc. | 3.36% | 72,750 | $28.8M | Reduce -22.1% |
| AKAM Akamai Technologies Inc. | 2.94% | 220,149 | $25.3M | New |
| LYV Live Nation Entertainment Inc. | 2.91% | 164,276 | $25.1M | Reduce -22.8% |
| BKNG Booking Holdings Inc. | 2.70% | 5,515 | $23.2M | Add +155.3% |
| TGT Target Corp. | 2.65% | 188,206 | $22.8M | New |
| WH Wyndham Hotels & Resorts Inc. | 2.53% | 268,077 | $21.8M | New |
| AMZN Amazon.com Inc. | 2.47% | 101,774 | $21.2M | Reduce -50.5% |
| ROKU Roku Inc. | 2.45% | 222,735 | $21.1M | New |
| ROST Ross Stores Inc. | 2.15% | 85,150 | $18.4M | Add +52.6% |
| ZM Zoom Communications Inc. | 2.13% | 228,082 | $18.3M | New |
| CSCO Cisco Systems Inc. | 2.05% | 227,275 | $17.6M | New |
| NET Cloudflare Inc. Class A | 1.96% | 81,483 | $16.8M | New |
| DASH DoorDash Inc. Class A | 1.87% | 107,008 | $16.1M | Reduce -9.1% |
| OUT Outfront Media Inc. | 1.82% | 590,029 | $15.6M | New |
| DDOG Datadog Inc. Class A | 1.80% | 131,258 | $15.5M | New |
| WMT Walmart Inc. | 1.76% | 121,708 | $15.1M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.75% | 94,031 | $15.0M | New |
| TMUS T-Mobile US Inc. | 1.69% | 69,222 | $14.5M | New |
| META Meta Platforms Inc. Class A | 1.27% | 19,098 | $10.9M | Reduce -70.3% |
| CMG Chipotle Mexican Grill Inc. | 1.21% | 324,163 | $10.4M | Reduce -42.0% |
| HD Home Depot Inc. | 1.17% | 30,485 | $10.0M | Reduce -60.0% |
| TTWO Take-Two Interactive Softwre | 1.15% | 50,216 | $9.9M | Reduce -57.0% |
| FIX Comfort Systems USA Inc. | 1.12% | 6,996 | $9.6M | New |
| HPE Hewlett Packard Enterprise | 1.06% | 381,243 | $9.1M | Reduce -30.2% |
| INTU Intuit Inc. | 0.53% | 10,473 | $4.5M | New |
| ONTO Onto Innovation Inc. | 0.38% | 16,121 | $3.3M | Reduce -89.2% |
Portfolio Sells Q4 2025 → Q1 2026
| META Meta Platforms Inc. Class A | Reduce -70.3% | 1.27% | −3.52 |
| AMZN Amazon.com Inc. | Reduce -50.5% | 2.47% | −2.88 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −2.86 |
| CRM Salesforce Inc. | Sold out | 0.00% | −2.69 |
| W Wayfair Inc. Class A | Sold out | 0.00% | −2.58 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −2.47 |
| MDB Mongodb Inc. | Sold out | 0.00% | −2.45 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −2.37 |
| ONTO Onto Innovation Inc. | Reduce -89.2% | 0.38% | −2.26 |
| ORCL Oracle Corp. | Sold out | 0.00% | −2.23 |
| TTWO Take-Two Interactive Softwre | Reduce -57.0% | 1.15% | −2.21 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −1.99 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −1.85 |
| HD Home Depot Inc. | Reduce -60.0% | 1.17% | −1.79 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −1.72 |
| RRR Red Rock Resorts Inc. Class A | Sold out | 0.00% | −1.68 |
| BYD Boyd Gaming Corp. | Sold out | 0.00% | −1.66 |
| SNPS Synopsys Inc. | Reduce -22.1% | 3.36% | −1.58 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −1.50 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −1.31 |
| TSEM Tower Semiconductor Ltd. | Sold out | 0.00% | −1.27 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −1.23 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −1.21 |
| ON On Semiconductor | Sold out | 0.00% | −1.18 |
| CHDN Churchill Downs Inc. | Sold out | 0.00% | −1.17 |
| DASH DoorDash Inc. Class A | Reduce -9.1% | 1.87% | −1.13 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −1.13 |
| CMG Chipotle Mexican Grill Inc. | Reduce -42.0% | 1.21% | −1.12 |
| BROS Dutch Bros Inc. Class A | Sold out | 0.00% | −0.93 |
| LYV Live Nation Entertainment Inc. | Reduce -22.8% | 2.91% | −0.50 |
| HPE Hewlett Packard Enterprise | Reduce -30.2% | 1.06% | −0.42 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.8% | 5.65% | +0.64 |
Portfolio Buys Q4 2025 → Q1 2026
| GOOGL Alphabet Inc. Class A | New | 3.87% | +3.87 |
| ADI Analog Devices Inc. | New | 3.87% | +3.87 |
| ECHO Echostar Corp. Class A | Add +130.6% | 5.30% | +3.23 |
| AVGO Broadcom Inc. | Add +156.6% | 5.32% | +3.08 |
| SPOT Spotify Technology SA | Add +313.3% | 4.14% | +2.98 |
| AKAM Akamai Technologies Inc. | New | 2.94% | +2.94 |
| TGT Target Corp. | New | 2.65% | +2.65 |
| WH Wyndham Hotels & Resorts Inc. | New | 2.53% | +2.53 |
| ROKU Roku Inc. | New | 2.45% | +2.45 |
| ZM Zoom Communications Inc. | New | 2.13% | +2.13 |
| CSCO Cisco Systems Inc. | New | 2.05% | +2.05 |
| AMAT Applied Materials Inc. | Add +73.1% | 3.44% | +1.99 |
| H Hyatt Hotels Corp. Class A | Add +108.1% | 4.07% | +1.96 |
| NET Cloudflare Inc. Class A | New | 1.96% | +1.96 |
| EQIX Equinix Inc. | Add +43.6% | 3.91% | +1.85 |
| OUT Outfront Media Inc. | New | 1.82% | +1.82 |
| DDOG Datadog Inc. Class A | New | 1.80% | +1.80 |
| WMT Walmart Inc. | New | 1.76% | +1.76 |
| TJX TJX Companies Inc. | New | 1.75% | +1.75 |
| TMUS T-Mobile US Inc. | New | 1.69% | +1.69 |
| BKNG Booking Holdings Inc. | Add +155.3% | 2.70% | +1.40 |
| FIX Comfort Systems USA Inc. | New | 1.12% | +1.12 |
| ASML ASML Holding NV-NY Reg SHS | Add +14.3% | 3.46% | +1.09 |
| ROST Ross Stores Inc. | Add +52.6% | 2.15% | +1.01 |
| BURL Burlington Stores Inc. | Add +14.4% | 3.68% | +0.92 |
| INTU Intuit Inc. | New | 0.53% | +0.53 |
| FWONK Liberty Media Corp. Class C | Add +8.2% | 4.40% | −0.16 |
Options Activity Q4 2025 → Q1 2026
| LUMN Lumen Technologies Inc. | put | Sold out | 3,500,000 | $27.2Mbefore exit |
| PSKY Paramount Skydance Class B | put | Sold out | 1,000,000 | $13.4Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 36 | $802.5M | SNOW, FWONK, TXN, TSM, WH |
| Q1 2026 | 38 | $859.5M | TSM, AVGO, ECHO, FWONK, SPOT |
| Q4 2025 | 43 | $887.9M | AMZN, TSM, SNPS, META, FWONK |
| Q3 2025 | 27 | $733.3M | MSFT, NCLH, FWONK, MCD, META |
| Q2 2025 | 35 | $1.1B | AMZN, NVDA, TSM, LBRDK, MSFT |
| Q1 2025 | 35 | $940.9M | NFLX, AMT, SBAC, LBRDK, TSM |
| Q4 2024 | 36 | $966.9M | AMZN, DIS, T, NCLH, FUN |