Elwood Capital Partners LP In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Elwood Capital Partners LP reported 17 stock positions worth $109.3 million . Its top holding was Amazon.com (AMZN) at 12.6% of the portfolio, followed by Microsoft (MSFT, 12.0% ) and Taiwan Semiconductor-SP ADR (TSM, 11.5% ). Compared with Q2 2025, it opened 2 new positions, sold out of 3, added to 4 and reduced 5. The biggest buy was Rentokil Initial PLC-SP ADR (RTO, shares +116% ) and the biggest sale Reddit Class A (RDDT, shares −67% ).
Location NEW YORK, NY
CIK 0002050159
Portfolio Value $109.3M (Q3 2025) Holdings 17 stocks · $109.3M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2025 AMZN Amazon.com Inc. 62,868 $13.8M Add +10.6% MSFT Microsoft Corp. 25,243 $13.1M No change TSM Taiwan Semiconductor-SP ADR 45,010 $12.6M No change UNH Unitedhealth Group Inc. 35,028 $12.1M No change PLNT Planet Fitness Inc. Class A 70,008 $7.3M No change WIX Wix.com Ltd. 40,033 $7.1M Add +79.3% SGI Somnigroup International Inc. 81,638 $6.9M Reduce -29.9% RTO Rentokil Initial PLC-SP ADR 260,319 $6.6M Add +116.4% TXN Texas Instruments Inc. 29,308 $5.4M No change PM Philip Morris International 28,761 $4.7M No change RDDT Reddit Inc. Class A 20,146 $4.6M Reduce -66.6% LPX Louisiana-Pacific Corp. 40,000 $3.6M New TEAM Atlassian Corp. Class A 20,866 $3.3M Reduce -32.5% TTWO Take-Two Interactive Softwre 11,612 $3.0M Add +52.5% BKR Baker Hughes Co. 50,000 $2.4M New PCOR Procore Technologies Inc. 23,276 $1.7M Reduce -34.0% BBWI Bath & Body Works Inc. 48,987 $1.3M Reduce -47.9%
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($16.7M), UNH calls ($14.7M), TSM puts ($11.9M), UNH puts ($11.2M).
Portfolio Sells Q2 2025 → Q3 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▲ RDDT Reddit Inc. Class A Reduce -66.6% 4.24% −4.18 TEAM Atlassian Corp. Class A Reduce -32.5% 3.05% −2.76 APD Air Products & Chemicals Inc. Sold out 0.00% −2.61 ICE Intercontinental Exchange Inc. Sold out 0.00% −1.51 GE General Electric Sold out 0.00% −1.47 BBWI Bath & Body Works Inc. Reduce -47.9% 1.15% −1.46 SGI Somnigroup International Inc. Reduce -29.9% 6.30% −1.04 PCOR Procore Technologies Inc. Reduce -34.0% 1.55% −0.68
Portfolio Buys Q2 2025 → Q3 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▼ RTO Rentokil Initial PLC-SP ADR Add +116.4% 6.01% +3.34 LPX Louisiana-Pacific Corp. New 3.25% +3.25 WIX Wix.com Ltd. Add +79.3% 6.50% +3.23 BKR Baker Hughes Co. New 2.23% +2.23 AMZN Amazon.com Inc. Add +10.6% 12.62% +1.06 TTWO Take-Two Interactive Softwre Add +52.5% 2.74% +1.03
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ STATE STR SPDR S&P 500 ETF T put New 25,000 $16.7M UNH Unitedhealth Group Inc. call New 42,500 $14.7M PM Philip Morris International call Sold out 12,500 $2.3Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 27 $137.1M AMZN, TSM, UNH, SGI, TXN Q1 2026 27 $103.6M AMZN, TSM, MSFT, RTO, SGI Q4 2025 21 $117.0M AMZN, MSFT, TSM, RTO, PLNT Q3 2025 17 $109.3M AMZN, MSFT, TSM, UNH, PLNT Q2 2025 18 $107.9M MSFT, AMZN, UNH, TSM, RDDT Q1 2025 18 $82.5M UNH, MSFT, AMZN, SGI, PLNT Q4 2024 21 $70.8M MSFT, AMZN, TSM, PM, SGI