Estuary Capital Management LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Estuary Capital Management LP reported 14 stock positions worth $412.1 million. Its top holding was Dollar Tree (DLTR) at 12.3% of the portfolio, followed by Unitedhealth (UNH, 12.1%) and Advance Auto Parts (AAP, 12.0%). Compared with Q4 2024, it opened 6 new positions, sold out of 2, added to 5 and reduced 3. The biggest buy was a new position in Unitedhealth (UNH) and the biggest sale an exit from Coca-Cola Consolidated (COKE).
- Most Recent 13F
- Q2 2026
- Location
- WAYZATA, MN
- CIK
- 0001965005
- Portfolio Value
- $412.1M (Q1 2025)
- SEC Filing
- 0001965005-25-000004 ↗ filed May 15, 2025
Holdings Value
Holdings 14 stocks · $412.1M
| DLTR Dollar Tree Inc. | 12.34% | 677,675 | $50.9M | Add +10.7% |
| UNH Unitedhealth Group Inc. | 12.11% | 95,300 | $49.9M | New |
| AAP Advance Auto Parts Inc. | 11.97% | 1,258,270 | $49.3M | Add +31.7% |
| DG Dollar General Corp. | 10.43% | 488,820 | $43.0M | Reduce -14.0% |
| JAZZ Jazz Pharmaceuticals PLC | 9.33% | 309,750 | $38.5M | Add +33.2% |
| AAPL Apple Inc. | 9.30% | 172,500 | $38.3M | New |
| GPN Global Payments Inc. | 7.57% | 318,433 | $31.2M | Add +32.5% |
| DAWN Day One Biopharmaceuticals I | 6.40% | 3,326,849 | $26.4M | Reduce -10.5% |
| META Meta Platforms Inc. Class A | 5.30% | 37,900 | $21.8M | New |
| FICO Fair Isaac Corp. | 4.87% | 10,890 | $20.1M | New |
| RPD RAPID7 Inc. | 3.50% | 544,083 | $14.4M | Add +5.7% |
| UHS Universal Health Services-B | 3.14% | 68,800 | $12.9M | New |
| NVDA Nvidia Corp. | 2.54% | 96,627 | $10.5M | New |
| TAP Molson Coors Beverage Co. Class B | 1.20% | 81,109 | $4.9M | Reduce -88.1% |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| UNH Unitedhealth Group Inc. | New | 12.11% | +12.11 |
| AAPL Apple Inc. | New | 9.30% | +9.30 |
| META Meta Platforms Inc. Class A | New | 5.30% | +5.30 |
| FICO Fair Isaac Corp. | New | 4.87% | +4.87 |
| UHS Universal Health Services-B | New | 3.14% | +3.14 |
| NVDA Nvidia Corp. | New | 2.54% | +2.54 |
| JAZZ Jazz Pharmaceuticals PLC | Add +33.2% | 9.33% | +0.96 |
| GPN Global Payments Inc. | Add +32.5% | 7.57% | −0.30 |
| DLTR Dollar Tree Inc. | Add +10.7% | 12.34% | −1.05 |
| AAP Advance Auto Parts Inc. | Add +31.7% | 11.97% | −1.23 |
| RPD RAPID7 Inc. | Add +5.7% | 3.50% | −2.55 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $589.3M | GPN, ICFI, OWL, ARES, AAP |
| Q1 2026 | 22 | $597.7M | CRDO, ORCL, OWL, COHR, LITE |
| Q4 2025 | 23 | $562.4M | AAP, AMZN, TDG, MSFT, AMD |
| Q3 2025 | 16 | $563.2M | DG, DLTR, JAZZ, ICFI, BAH |
| Q2 2025 | 13 | $513.0M | AAP, BAH, GPN, UHS, CACI |
| Q1 2025 | 14 | $412.1M | DLTR, UNH, AAP, DG, JAZZ |
| Q4 2024 | 10 | $342.3M | DAWN, DLTR, AAP, DG, COKE |
| Q3 2024 | 16 | $372.8M | GPN, DAWN, AAP, NVDA, TSM |
| Q2 2024 | 17 | $310.1M | DAWN, AAP, DG, DLTR, JAZZ |
| Q1 2024 | 16 | $246.1M | DLTR, DAWN, DG, JAZZ, CLH |