Crestwood Capital Management, L.P.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Crestwood Capital Management, L.P. reported 15 stock positions worth $136.0 million. Its top holding was Icici Bank Ltd.-Spon ADR (IBN) at 13.2% of the portfolio, followed by Maplebear (CART, 12.6%) and Dutch Bros Class A (BROS, 12.1%). Compared with Q3 2024, it opened 1 new position, sold out of 2, added to 3 and reduced 5. The biggest buy was Sonos (SONO, shares +333%) and the biggest sale an exit from Progyny (PGNY).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001468395
- Portfolio Value
- $136.0M (Q4 2024)
- SEC Filing
- 0001468395-25-000002 ↗ filed Feb 12, 2025
Holdings Value
Holdings 15 stocks · $136.0M
| IBN Icici Bank Ltd.-Spon ADR | 13.24% | 602,898 | $18.0M | Add +7.5% |
| CART Maplebear Inc. | 12.55% | 412,041 | $17.1M | Reduce -7.8% |
| BROS Dutch Bros Inc. Class A | 12.15% | 315,379 | $16.5M | Reduce -8.7% |
| VIK Viking Holdings Ltd. | 11.55% | 356,522 | $15.7M | Reduce -24.4% |
| NFLX Netflix Inc. | 10.49% | 15,997 | $14.3M | No change |
| REAL The Realreal Inc. filed as THE REALREAL INC | 9.59% | 1,193,501 | $13.0M | No change |
| BIRK Birkenstock Holding PLC | 7.41% | 177,853 | $10.1M | Add +20.3% |
| AMD Advanced Micro Devices | 4.74% | 53,318 | $6.4M | No change |
| DV Doubleverify Holdings Inc. | 4.58% | 324,157 | $6.2M | Reduce -13.4% |
| SONO Sonos Inc. | 3.59% | 325,000 | $4.9M | Add +333.3% |
| BRZE Braze Inc. Class A | 2.62% | 85,000 | $3.6M | New |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 2.07% | 200,000 | $2.8M | No change |
| ALAB Astera Labs Inc. | 2.04% | 20,920 | $2.8M | No change |
| HTHT H World Group Ltd.-ADR | 1.99% | 81,988 | $2.7M | Reduce -63.1% |
| FIVE Five Below | 1.40% | 18,102 | $1.9M | No change |
Portfolio Sells Q3 2024 → Q4 2024
| PGNY Progyny Inc. | Sold out | 0.00% | −5.64 |
| IAS Integral Ad Science Holding | Sold out | 0.00% | −5.43 |
| HTHT H World Group Ltd.-ADR | Reduce -63.1% | 1.99% | −4.38 |
| CART Maplebear Inc. | Reduce -7.8% | 12.55% | −1.50 |
| VIK Viking Holdings Ltd. | Reduce -24.4% | 11.55% | −1.14 |
| DV Doubleverify Holdings Inc. | Reduce -13.4% | 4.58% | −0.28 |
| BROS Dutch Bros Inc. Class A | Reduce -8.7% | 12.15% | +3.61 |
Portfolio Buys Q3 2024 → Q4 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $152.7M | VIK, BROS, IBN, REAL, SONO |
| Q1 2026 | 15 | $145.5M | VIK, IBN, BROS, SONO, REAL |
| Q4 2025 | 13 | $158.0M | VIK, REAL, IBN, BROS, SONO |
| Q3 2025 | 13 | $143.6M | VIK, IBN, NFLX, BROS, REAL |
| Q2 2025 | 14 | $146.8M | IBN, NFLX, VIK, BROS, DV |
| Q1 2025 | 15 | $130.3M | IBN, VIK, BROS, NFLX, CART |
| Q4 2024 | 15 | $136.0M | IBN, CART, BROS, VIK, NFLX |
| Q3 2024 | 16 | $129.6M | CART, IBN, VIK, NFLX, BROS |
| Q2 2024 | 14 | $140.1M | IBN, CART, BROS, NFLX, FIVE |
| Q1 2024 | 16 | $161.9M | FIVE, NFLX, CART, AMD, IBN |