Estuary Capital Management LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Estuary Capital Management LP reported 13 stock positions worth $513.0 million. Its top holding was Advance Auto Parts (AAP) at 9.2% of the portfolio, followed by Booz Allen Hamilton (BAH, 9.2%) and Global Payments (GPN, 9.2%). Compared with Q1 2025, it opened 5 new positions, sold out of 6, added to 5 and reduced 3. The biggest buy was a new position in Booz Allen Hamilton (BAH) and the biggest sale an exit from Apple (AAPL).
- Most Recent 13F
- Q2 2026
- Location
- WAYZATA, MN
- CIK
- 0001965005
- Portfolio Value
- $513.0M (Q2 2025)
- SEC Filing
- 0001965005-25-000006 ↗ filed Aug 14, 2025
Holdings Value
Holdings 13 stocks · $513.0M
| AAP Advance Auto Parts Inc. | 9.23% | 1,018,737 | $47.4M | Reduce -19.0% |
| BAH Booz Allen Hamilton Holdings | 9.23% | 454,514 | $47.3M | New |
| GPN Global Payments Inc. | 9.18% | 588,202 | $47.1M | Add +84.7% |
| UHS Universal Health Services-B | 9.16% | 259,331 | $47.0M | Add +276.9% |
| CACI Caci International Inc. Class A | 9.14% | 98,366 | $46.9M | New |
| JAZZ Jazz Pharmaceuticals PLC | 9.05% | 437,643 | $46.4M | Add +41.3% |
| DLTR Dollar Tree Inc. | 8.97% | 464,353 | $46.0M | Reduce -31.5% |
| DG Dollar General Corp. | 8.04% | 360,357 | $41.2M | Reduce -26.3% |
| ICFI Icf International Inc. | 7.60% | 460,013 | $39.0M | New |
| UNH Unitedhealth Group Inc. | 7.00% | 115,016 | $35.9M | Add +20.7% |
| FICO Fair Isaac Corp. | 6.74% | 18,914 | $34.6M | Add +73.7% |
| SWK Stanley Black & Decker Inc. | 3.90% | 295,533 | $20.0M | New |
| TER Teradyne Inc. | 2.77% | 158,116 | $14.2M | New |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Sold out | 0.00% | −9.30 |
| DAWN Day One Biopharmaceuticals I | Sold out | 0.00% | −6.40 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −5.30 |
| RPD RAPID7 Inc. | Sold out | 0.00% | −3.50 |
| DLTR Dollar Tree Inc. | Reduce -31.5% | 8.97% | −3.38 |
| AAP Advance Auto Parts Inc. | Reduce -19.0% | 9.23% | −2.74 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −2.54 |
| DG Dollar General Corp. | Reduce -26.3% | 8.04% | −2.39 |
| TAP Molson Coors Beverage Co. Class B | Sold out | 0.00% | −1.20 |
Portfolio Buys Q1 2025 → Q2 2025
| BAH Booz Allen Hamilton Holdings | New | 9.23% | +9.23 |
| CACI Caci International Inc. Class A | New | 9.14% | +9.14 |
| ICFI Icf International Inc. | New | 7.60% | +7.60 |
| UHS Universal Health Services-B | Add +276.9% | 9.16% | +6.02 |
| SWK Stanley Black & Decker Inc. | New | 3.90% | +3.90 |
| TER Teradyne Inc. | New | 2.77% | +2.77 |
| FICO Fair Isaac Corp. | Add +73.7% | 6.74% | +1.87 |
| GPN Global Payments Inc. | Add +84.7% | 9.18% | +1.61 |
| JAZZ Jazz Pharmaceuticals PLC | Add +41.3% | 9.05% | −0.28 |
| UNH Unitedhealth Group Inc. | Add +20.7% | 7.00% | −5.12 |
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 |