Bwcp, LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Bwcp, LP reported 27 stock positions worth $612.2 million. Its top holding was Zeta Global Class A (ZETA) at 6.9% of the portfolio, followed by Boyd Gaming (BYD, 6.8%) and Planet Fitness Class A (PLNT, 5.0%). Compared with Q1 2025, it opened 11 new positions, sold out of 8, added to 5 and reduced 10. The biggest buy was a new position in Intuit (INTU) and the biggest sale an exit from Skechers USA Class A (SKX).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001787893
- Portfolio Value
- $612.2M (Q2 2025)
- SEC Filing
- 0001682475-25-000006 ↗ filed Aug 14, 2025
Holdings Value
Holdings 27 stocks · $612.2M
| ZETA Zeta Global Holdings Corp. Class A | 6.93% | 2,740,611 | $42.5M | Add +4.8% |
| BYD Boyd Gaming Corp. | 6.83% | 534,108 | $41.8M | Add +2.9% |
| PLNT Planet Fitness Inc. Class A | 4.99% | 280,204 | $30.6M | Reduce -7.1% |
| UAL United Airlines Holdings Inc. | 4.77% | 366,830 | $29.2M | Add +3.0% |
| CPNG Coupang Inc. | 4.65% | 949,850 | $28.5M | Reduce -16.0% |
| SN Sharkninja Inc. | 4.60% | 284,275 | $28.1M | Add +41.5% |
| ADSK Autodesk Inc. | 4.48% | 88,502 | $27.4M | Reduce -21.2% |
| INTU Intuit Inc. | 4.44% | 34,548 | $27.2M | New |
| DKNG Draftkings Inc. Class A | 4.36% | 622,175 | $26.7M | Reduce -16.6% |
| AMZN Amazon.com Inc. | 4.11% | 114,756 | $25.2M | New |
| MSFT Microsoft Corp. | 4.08% | 50,247 | $25.0M | New |
| CNK Cinemark Holdings Inc. | 4.03% | 818,011 | $24.7M | New |
| VRT Vertiv Holdings Co. Class A | 3.88% | 184,833 | $23.7M | No change |
| COHR Coherent Corp. | 3.86% | 264,720 | $23.6M | New |
| TSM Taiwan Semiconductor-SP ADR | 3.55% | 95,962 | $21.7M | Reduce -31.7% |
| EYE National Vision Holdings Inc. | 3.54% | 942,096 | $21.7M | New |
| AXON Axon Enterprise Inc. | 3.46% | 25,560 | $21.2M | Reduce -22.7% |
| FIX Comfort Systems USA Inc. | 3.40% | 38,796 | $20.8M | New |
| SE Sea Ltd.-ADR | 3.29% | 126,073 | $20.2M | New |
| LULU Lululemon Athletica Inc. | 2.80% | 72,108 | $17.1M | Add +41.1% |
| ASO Academy Sports & Outdoors Inc. | 2.67% | 365,410 | $16.4M | Reduce -7.0% |
| MNDY Monday.com Ltd. | 2.64% | 51,385 | $16.2M | New |
| U Unity Software Inc. | 2.18% | 550,583 | $13.3M | New |
| GRND Grindr Inc. | 2.14% | 577,393 | $13.1M | Reduce -47.4% |
| AMT American Tower Corp. | 1.62% | 44,979 | $9.9M | New |
| SPOT Spotify Technology SA | 1.36% | 10,852 | $8.3M | Reduce -58.5% |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 1.34% | 580,977 | $8.2M | Reduce -24.9% |
Portfolio Sells Q1 2025 → Q2 2025
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −5.04 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −4.08 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −3.83 |
| T AT&T Inc. | Sold out | 0.00% | −3.70 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −3.63 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −3.58 |
| WING Wingstop Inc. | Sold out | 0.00% | −3.35 |
| NFLX Netflix Inc. | Sold out | 0.00% | −2.25 |
| GRND Grindr Inc. | Reduce -47.4% | 2.14% | −1.84 |
| SPOT Spotify Technology SA | Reduce -58.5% | 1.36% | −1.56 |
| ADSK Autodesk Inc. | Reduce -21.2% | 4.48% | −1.48 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -31.7% | 3.55% | −1.18 |
| ASO Academy Sports & Outdoors Inc. | Reduce -7.0% | 2.67% | −0.96 |
| PLNT Planet Fitness Inc. Class A | Reduce -7.1% | 4.99% | −0.92 |
| DKNG Draftkings Inc. Class A | Reduce -16.6% | 4.36% | −0.66 |
| CPNG Coupang Inc. | Reduce -16.0% | 4.65% | −0.38 |
| GPGI Gpgi Inc. | Reduce -24.9% | 1.34% | −0.37 |
| AXON Axon Enterprise Inc. | Reduce -22.7% | 3.46% | −0.07 |
Portfolio Buys Q1 2025 → Q2 2025
| INTU Intuit Inc. | New | 4.44% | +4.44 |
| AMZN Amazon.com Inc. | New | 4.11% | +4.11 |
| MSFT Microsoft Corp. | New | 4.08% | +4.08 |
| CNK Cinemark Holdings Inc. | New | 4.03% | +4.03 |
| COHR Coherent Corp. | New | 3.86% | +3.86 |
| EYE National Vision Holdings Inc. | New | 3.54% | +3.54 |
| FIX Comfort Systems USA Inc. | New | 3.40% | +3.40 |
| SE Sea Ltd.-ADR | New | 3.29% | +3.29 |
| MNDY Monday.com Ltd. | New | 2.64% | +2.64 |
| U Unity Software Inc. | New | 2.18% | +2.18 |
| AMT American Tower Corp. | New | 1.62% | +1.62 |
| SN Sharkninja Inc. | Add +41.5% | 4.60% | +1.20 |
| BYD Boyd Gaming Corp. | Add +2.9% | 6.83% | −0.10 |
| LULU Lululemon Athletica Inc. | Add +41.1% | 2.80% | −0.13 |
| UAL United Airlines Holdings Inc. | Add +3.0% | 4.77% | −0.21 |
| ZETA Zeta Global Holdings Corp. Class A | Add +4.8% | 6.93% | −0.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 24 | $700.1M | ZETA, UAL, BYD, AS, GPGI |
| Q1 2026 | 27 | $655.6M | ZETA, UAL, BYD, MSI, META |
| Q4 2025 | 29 | $602.9M | ZETA, UAL, MSFT, BYD, FIX |
| Q3 2025 | 23 | $577.1M | ZETA, MSFT, BYD, UAL, COHR |
| Q2 2025 | 27 | $612.2M | ZETA, BYD, PLNT, UAL, CPNG |
| Q1 2025 | 24 | $493.4M | ZETA, BYD, ADSK, PLNT, SKX |
| Q4 2024 | 25 | $464.7M | BYD, UAL, ADSK, SKX, AMZN |
| Q3 2024 | 26 | $451.0M | BYD, ZETA, VRT, ASO, CPNG |
| Q2 2024 | 21 | $397.8M | ZETA, BYD, AMZN, CALY, TSM |
| Q1 2024 | 21 | $390.5M | BYD, ASO, AMZN, CALY, VRT |