Cat Rock Capital Management LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Cat Rock Capital Management LP reported 14 stock positions worth $765.0 million. Its top holding was Meta Platforms Class A (META) at 25.6% of the portfolio, followed by JSC Kaspi.kz ADR (KSPI, 12.7%) and PDD (PDD, 10.4%). Compared with Q3 2024, it opened 2 new positions, added to 2 and reduced 9. The biggest buy was a new position in SHIFT4 Payments Class A (FOUR) and the biggest sale JSC Kaspi.kz ADR (KSPI, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- GREENWICH, CT
- CIK
- 0001654648
- Portfolio Value
- $765.0M (Q4 2024)
- SEC Filing
- 0001214659-25-002808 ↗ filed Feb 14, 2025
Holdings Value
Holdings 14 stocks · $765.0M
| META Meta Platforms Inc. Class A | 25.60% | 334,491 | $195.8M | Reduce -12.0% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 12.69% | 1,024,811 | $97.1M | Reduce -23.4% |
| PDD PDD Holdings Inc. | 10.43% | 822,714 | $79.8M | Add +19.2% |
| SEMR Semrush Holdings Inc. Class A | 8.58% | 5,521,881 | $65.6M | Reduce -12.3% |
| DCBO Docebo Inc. | 6.41% | 1,094,869 | $49.1M | Reduce -44.0% |
| GOOG Alphabet Inc. Class C | 6.14% | 246,606 | $47.0M | Reduce -11.3% |
| MSFT Microsoft Corp. | 5.35% | 97,125 | $40.9M | Reduce -12.3% |
| TSM Taiwan Semiconductor-SP ADR | 5.32% | 206,200 | $40.7M | Reduce -10.8% |
| FOUR SHIFT4 Payments Inc. Class A | 5.13% | 377,930 | $39.2M | New |
| LRN Stride Inc. | 4.80% | 353,066 | $36.7M | New |
| FA First Advantage Corp. | 4.53% | 1,849,426 | $34.6M | Add +0.9% |
| DOCU Docusign Inc. | 2.72% | 231,000 | $20.8M | No change |
| OWL Blue Owl Capital Inc. | 1.51% | 495,395 | $11.5M | Reduce -71.2% |
| ARES Ares Management Corp. Class A | 0.80% | 34,595 | $6.1M | Reduce -79.8% |
Portfolio Sells Q3 2024 → Q4 2024
| KSPI JSC Kaspi.kz ADR | Reduce -23.4% | 12.69% | −3.38 |
| DCBO Docebo Inc. | Reduce -44.0% | 6.41% | −3.37 |
| SEMR Semrush Holdings Inc. Class A | Reduce -12.3% | 8.58% | −2.63 |
| OWL Blue Owl Capital Inc. | Reduce -71.2% | 1.51% | −2.27 |
| ARES Ares Management Corp. Class A | Reduce -79.8% | 0.80% | −2.22 |
| MSFT Microsoft Corp. | Reduce -12.3% | 5.35% | −0.05 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -10.8% | 5.32% | +0.78 |
| GOOG Alphabet Inc. Class C | Reduce -11.3% | 6.14% | +0.87 |
| META Meta Platforms Inc. Class A | Reduce -12.0% | 25.60% | +0.95 |
Portfolio Buys Q3 2024 → Q4 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 7 | $431.0M | TDG, FA, MSFT, ARES, TKO |
| Q1 2026 | 14 | $643.6M | META, MSFT, ARES, TKO, TDG |
| Q4 2025 | 16 | $697.4M | META, MSFT, TKO, PDD, KSPI |
| Q3 2025 | 16 | $810.4M | META, MSFT, PDD, KSPI, FA |
| Q2 2025 | 15 | $793.8M | META, MSFT, KSPI, TSM, PDD |
| Q1 2025 | 15 | $753.5M | META, MSFT, KSPI, PDD, SEMR |
| Q4 2024 | 14 | $765.0M | META, KSPI, PDD, SEMR, DCBO |
| Q3 2024 | 12 | $882.6M | META, KSPI, SEMR, PDD, DCBO |
| Q2 2024 | 11 | $892.6M | META, KSPI, SEMR, GOOG, PDD |
| Q1 2024 | 12 | $873.2M | META, KSPI, SEMR, DCBO, GOOG |