Cat Rock Capital Management LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Cat Rock Capital Management LP reported 15 stock positions worth $753.5 million. Its top holding was Meta Platforms Class A (META) at 24.9% of the portfolio, followed by Microsoft (MSFT, 14.0%) and JSC Kaspi.kz ADR (KSPI, 12.5%). Compared with Q4 2024, it opened 2 new positions, sold out of 1, added to 5 and reduced 6. The biggest buy was Microsoft (MSFT, shares +188%) and the biggest sale Alphabet Class C (GOOG, shares −66%).
- Most Recent 13F
- Q2 2026
- Location
- GREENWICH, CT
- CIK
- 0001654648
- Portfolio Value
- $753.5M (Q1 2025)
- SEC Filing
- 0001214659-25-007848 ↗ filed May 15, 2025
Holdings Value
Holdings 15 stocks · $753.5M
| META Meta Platforms Inc. Class A | 24.92% | 325,789 | $187.8M | Reduce -2.6% |
| MSFT Microsoft Corp. | 13.95% | 280,089 | $105.1M | Add +188.4% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 12.49% | 1,013,811 | $94.1M | Reduce -1.1% |
| PDD PDD Holdings Inc. | 10.61% | 675,414 | $79.9M | Reduce -17.9% |
| SEMR Semrush Holdings Inc. Class A | 6.42% | 5,186,842 | $48.4M | Reduce -6.1% |
| TSM Taiwan Semiconductor-SP ADR | 4.91% | 222,783 | $37.0M | Add +8.0% |
| FA First Advantage Corp. | 4.41% | 2,355,826 | $33.2M | Add +27.4% |
| FOUR SHIFT4 Payments Inc. Class A | 4.28% | 394,932 | $32.3M | Add +4.5% |
| DCBO Docebo Inc. | 4.18% | 1,094,869 | $31.5M | No change |
| LRN Stride Inc. | 3.65% | 217,253 | $27.5M | Reduce -38.5% |
| OWL Blue Owl Capital Inc. | 3.10% | 1,164,446 | $23.3M | Add +135.1% |
| DOCU Docusign Inc. | 2.50% | 231,000 | $18.8M | No change |
| UBER Uber Technologies Inc. | 1.79% | 184,732 | $13.5M | New |
| GOOG Alphabet Inc. Class C | 1.76% | 85,090 | $13.3M | Reduce -65.5% |
| TDG Transdigm Group Inc. | 1.03% | 5,636 | $7.8M | New |
Portfolio Sells Q4 2024 → Q1 2025
| GOOG Alphabet Inc. Class C | Reduce -65.5% | 1.76% | −4.38 |
| SEMR Semrush Holdings Inc. Class A | Reduce -6.1% | 6.42% | −2.15 |
| LRN Stride Inc. | Reduce -38.5% | 3.65% | −1.15 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −0.80 |
| META Meta Platforms Inc. Class A | Reduce -2.6% | 24.92% | −0.68 |
| KSPI JSC Kaspi.kz ADR | Reduce -1.1% | 12.49% | −0.20 |
| PDD PDD Holdings Inc. | Reduce -17.9% | 10.61% | +0.18 |
Portfolio Buys Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | Add +188.4% | 13.95% | +8.60 |
| UBER Uber Technologies Inc. | New | 1.79% | +1.79 |
| OWL Blue Owl Capital Inc. | Add +135.1% | 3.10% | +1.59 |
| TDG Transdigm Group Inc. | New | 1.03% | +1.03 |
| FA First Advantage Corp. | Add +27.4% | 4.41% | −0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +8.0% | 4.91% | −0.42 |
| FOUR SHIFT4 Payments Inc. Class A | Add +4.5% | 4.28% | −0.84 |
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 |