Breach Inlet Capital Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Breach Inlet Capital Management, LLC reported 12 stock positions worth $304.6 million. Its top holding was Stride (LRN) at 15.9% of the portfolio, followed by Atlanta Braves Holdings in-C (BATRK, 12.2%) and Hilton Grand Vacations (HGV, 11.9%). Compared with Q4 2025, it opened 1 new position, sold out of 1 and added to 10. The biggest buy was Stride (LRN, shares +123%) and the biggest sale an exit from Mister Car Wash (MCW).
- Most Recent 13F
- Q2 2026
- Location
- MT. PLEASANT, SC
- CIK
- 0002009914
- Portfolio Value
- $304.6M (Q1 2026)
- SEC Filing
- 0002009914-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 12 stocks · $304.6M
| LRN Stride Inc. | 15.94% | 550,511 | $48.5M | Add +122.6% |
| BATRK Atlanta Braves Holdings in-C | 12.16% | 867,265 | $37.0M | Add +13.2% |
| HGV Hilton Grand Vacations Inc. | 11.94% | 929,288 | $36.4M | Add +9.9% |
| PRG Prog Holdings Inc. | 9.49% | 1,007,160 | $28.9M | Add +32.0% |
| DAKT Daktronics Inc. | 9.39% | 1,462,675 | $28.6M | Add +14.9% |
| NATL NCR Atleos Corp. | 7.76% | 542,663 | $23.6M | Add +47.9% |
| FTDR Frontdoor Inc. | 7.23% | 416,792 | $22.0M | Add +145.2% |
| MANU Manchester United PLC Class A | 6.76% | 1,223,216 | $20.6M | No change |
| BUR Burford Capital Ltd. | 6.65% | 4,481,659 | $20.3M | Add +129.6% |
| CARS Cars.com Inc. | 5.66% | 2,124,184 | $17.2M | Add +191.2% |
| BKTI BK Technologies Corp. | 3.70% | 151,061 | $11.3M | Add +711.0% |
| CARG Cargurus Inc. | 3.32% | 297,184 | $10.1M | New |
Portfolio Sells Q4 2025 → Q1 2026
| MCW Mister Car Wash Inc. | Sold out | 0.00% | −4.51 |
Portfolio Buys Q4 2025 → Q1 2026
| LRN Stride Inc. | Add +122.6% | 15.94% | +8.37 |
| CARG Cargurus Inc. | New | 3.32% | +3.32 |
| BKTI BK Technologies Corp. | Add +711.0% | 3.70% | +3.05 |
| FTDR Frontdoor Inc. | Add +145.2% | 7.23% | +2.62 |
| CARS Cars.com Inc. | Add +191.2% | 5.66% | +1.47 |
| NATL NCR Atleos Corp. | Add +47.9% | 7.76% | +1.18 |
| PRG Prog Holdings Inc. | Add +32.0% | 9.49% | −1.11 |
| BUR Burford Capital Ltd. | Add +129.6% | 6.65% | −1.55 |
| BATRK Atlanta Braves Holdings in-C | Add +13.2% | 12.16% | −2.08 |
| DAKT Daktronics Inc. | Add +14.9% | 9.39% | −2.46 |
| HGV Hilton Grand Vacations Inc. | Add +9.9% | 11.94% | −5.88 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 10 | $300.0M | PRG, LRN, BATRK, HGV, DAKT |
| Q1 2026 | 12 | $304.6M | LRN, BATRK, HGV, PRG, DAKT |
| Q4 2025 | 12 | $212.3M | HGV, BATRK, DAKT, PRG, MANU |
| Q3 2025 | 9 | $202.5M | LRN, HGV, BATRK, BUR, PRG |
| Q2 2025 | 8 | $203.7M | HGV, BATRK, BUR, PRKS, DAKT |
| Q1 2025 | 11 | $175.1M | HGV, BATRK, DAKT, TIPT, PRG |
| Q4 2024 | 11 | $141.2M | BATRK, HGV, DAKT, TIPT, PRKS |
| Q3 2024 | 10 | $111.0M | BATRK, DAKT, TIPT, HGV, IMXI |
| Q2 2024 | 11 | $121.9M | DAKT, BATRK, HGV, IMXI, TIPT |
| Q1 2024 | 11 | $111.7M | BATRK, HGV, DAKT, IMXI, TIPT |