FACT Capital, LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 18, 2025), FACT Capital, LP reported 20 stock positions worth $229.2 million. Its top holding was Alphabet Class C (GOOG) at 10.2% of the portfolio, followed by Icici Bank Ltd.-Spon ADR (IBN, 8.3%) and Taiwan Semiconductor-SP ADR (TSM, 7.9%). Compared with Q3 2024, it opened 4 new positions, sold out of 2, added to 2 and reduced 14. The biggest buy was a new position in HubSpot (HUBS) and the biggest sale an exit from Freshworks Class A (FRSH).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001964400
- Portfolio Value
- $229.2M (Q4 2024)
- SEC Filing
- 0001420506-25-000634 ↗ filed Feb 18, 2025
Holdings Value
Holdings 20 stocks · $229.2M
| GOOG Alphabet Inc. Class C | 10.18% | 123,280 | $23.3M | Reduce -10.2% |
| IBN Icici Bank Ltd.-Spon ADR | 8.28% | 635,667 | $19.0M | Reduce -36.8% |
| TSM Taiwan Semiconductor-SP ADR | 7.85% | 91,119 | $18.0M | Reduce -19.0% |
| MSFT Microsoft Corp. | 6.56% | 35,649 | $15.0M | Reduce -10.2% |
| ICLR Icon PLC | 6.35% | 69,421 | $14.6M | Reduce -13.7% |
| BSX Boston Scientific Corp. | 6.19% | 158,879 | $14.2M | Reduce -11.9% |
| ATAT Atour Lifestyle Holdings-ADR | 5.87% | 500,440 | $13.5M | Reduce -17.6% |
| PDD PDD Holdings Inc. | 5.39% | 127,338 | $12.4M | Reduce -5.7% |
| AMZN Amazon.com Inc. | 4.83% | 50,505 | $11.1M | Reduce -13.6% |
| MYRG MYR Group Inc./Delaware | 4.76% | 73,355 | $10.9M | Add +29.0% |
| ELF Elf Beauty Inc. | 4.63% | 84,603 | $10.6M | Reduce -19.4% |
| ICE Intercontinental Exchange Inc. | 4.60% | 70,764 | $10.5M | Reduce -9.9% |
| HUBS HubSpot Inc. | 3.97% | 13,066 | $9.1M | New |
| WWD Woodward Inc. | 3.82% | 52,647 | $8.8M | Reduce -16.3% |
| ALC Alcon Inc. filed as ALCON AG | 3.78% | 101,968 | $8.7M | Reduce -27.8% |
| SNPS Synopsys Inc. | 3.52% | 16,641 | $8.1M | Reduce -32.7% |
| TME Tencent Music Entertainm-ADR | 2.71% | 547,482 | $6.2M | Add +3.2% |
| VIK Viking Holdings Ltd. | 2.66% | 138,373 | $6.1M | New |
| SPOT Spotify Technology SA | 2.55% | 13,074 | $5.8M | New |
| MMYT Makemytrip Ltd. | 1.48% | 30,181 | $3.4M | New |
Portfolio Sells Q3 2024 → Q4 2024
| FRSH Freshworks Inc. Class A | Sold out | 0.00% | −3.47 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -36.8% | 8.28% | −3.36 |
| ICLR Icon PLC | Reduce -13.7% | 6.35% | −2.61 |
| ALC Alcon Inc. | Reduce -27.8% | 3.78% | −1.70 |
| PDD PDD Holdings Inc. | Reduce -5.7% | 5.39% | −1.67 |
| SNPS Synopsys Inc. | Reduce -32.7% | 3.52% | −1.33 |
| ARHS Arhaus Inc. | Sold out | 0.00% | −1.05 |
| WWD Woodward Inc. | Reduce -16.3% | 3.82% | −0.36 |
| ICE Intercontinental Exchange Inc. | Reduce -9.9% | 4.60% | −0.29 |
| ATAT Atour Lifestyle Holdings-ADR | Reduce -17.6% | 5.87% | −0.24 |
| MSFT Microsoft Corp. | Reduce -10.2% | 6.56% | −0.07 |
| ELF Elf Beauty Inc. | Reduce -19.4% | 4.63% | +0.19 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -19.0% | 7.85% | +0.27 |
| BSX Boston Scientific Corp. | Reduce -11.9% | 6.19% | +0.33 |
| AMZN Amazon.com Inc. | Reduce -13.6% | 4.83% | +0.61 |
| GOOG Alphabet Inc. Class C | Reduce -10.2% | 10.18% | +1.35 |
Portfolio Buys Q3 2024 → Q4 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 17 | $178.0M | TSM, MYRG, ATI, GOOGL, WWD |
| Q1 2026 | 17 | $150.4M | TSM, GOOGL, MYRG, ATI, WWD |
| Q4 2025Amended | 18 | $178.8M | GOOGL, TSM, ATAT, IBN, WWD |
| Q3 2025 | 18 | $192.3M | GOOGL, TSM, IBN, TME, ATAT |
| Q2 2025 | 17 | $210.4M | IBN, TSM, MSFT, GOOGL, ATAT |
| Q1 2025 | 19 | $210.6M | IBN, GOOGL, BSX, TSM, ATAT |
| Q4 2024Amended | 20 | $229.2M | GOOG, IBN, TSM, MSFT, ICLR |
| Q3 2024 | 18 | $257.8M | IBN, ICLR, GOOG, TSM, PDD |
| Q2 2024 | 16 | $280.5M | IBN, ELF, GOOG, ICLR, TSM |
| Q1 2024 | 17 | $274.9M | GOOGL, IBN, ELF, MSFT, BSX |