FACT Capital, LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), FACT Capital, LP reported 18 stock positions worth $192.3 million. Its top holding was Alphabet Class A (GOOGL) at 8.6% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 8.0%) and Icici Bank Ltd.-Spon ADR (IBN, 8.0%). Compared with Q2 2025, it opened 3 new positions, sold out of 2 and reduced 14. The biggest buy was a new position in Ati (ATI) and the biggest sale an exit from Uber Technologies (UBER).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001964400
- Portfolio Value
- $192.3M (Q3 2025)
- SEC Filing
- 0001420506-25-003415 ↗ filed Nov 14, 2025
Holdings Value
Holdings 18 stocks · $192.3M
| GOOGL Alphabet Inc. Class A | 8.58% | 67,820 | $16.5M | Reduce -26.2% |
| TSM Taiwan Semiconductor-SP ADR | 8.05% | 55,391 | $15.5M | Reduce -23.8% |
| IBN Icici Bank Ltd.-Spon ADR | 7.95% | 505,650 | $15.3M | Reduce -15.8% |
| TME Tencent Music Entertainm-ADR | 7.12% | 586,839 | $13.7M | Reduce -28.3% |
| ATAT Atour Lifestyle Holdings-ADR | 7.10% | 363,150 | $13.7M | Reduce -26.2% |
| MSFT Microsoft Corp. | 6.56% | 24,348 | $12.6M | Reduce -26.3% |
| WWD Woodward Inc. | 6.55% | 49,843 | $12.6M | Reduce -12.7% |
| MYRG MYR Group Inc./Delaware | 6.47% | 59,793 | $12.4M | Reduce -19.0% |
| VIK Viking Holdings Ltd. | 5.70% | 176,161 | $11.0M | Reduce -14.0% |
| SPOT Spotify Technology SA | 4.89% | 13,478 | $9.4M | Reduce -1.4% |
| BSX Boston Scientific Corp. | 4.87% | 95,907 | $9.4M | Reduce -33.4% |
| ICE Intercontinental Exchange Inc. | 4.68% | 53,448 | $9.0M | Reduce -24.5% |
| ATI Ati Inc. | 4.29% | 101,400 | $8.2M | New |
| PDD PDD Holdings Inc. | 4.19% | 60,926 | $8.1M | New |
| SNPS Synopsys Inc. | 3.93% | 15,332 | $7.6M | Reduce -13.3% |
| MMYT Makemytrip Ltd. | 3.38% | 69,349 | $6.5M | No change |
| BABA Alibaba Group Holding-SP ADR | 3.03% | 32,620 | $5.8M | Reduce -55.3% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 2.66% | 29,391 | $5.1M | New |
Portfolio Sells Q2 2025 → Q3 2025
| UBER Uber Technologies Inc. | Sold out | 0.00% | −2.79 |
| BSX Boston Scientific Corp. | Reduce -33.4% | 4.87% | −2.48 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -15.8% | 7.95% | −1.65 |
| ICE Intercontinental Exchange Inc. | Reduce -24.5% | 4.68% | −1.49 |
| MSFT Microsoft Corp. | Reduce -26.3% | 6.56% | −1.26 |
| BABA Alibaba Group Holding-SP ADR | Reduce -55.3% | 3.03% | −0.90 |
| BJ Bj's Wholesale Club Holdings | Sold out | 0.00% | −0.89 |
| ATAT Atour Lifestyle Holdings-ADR | Reduce -26.2% | 7.10% | −0.50 |
| TME Tencent Music Entertainm-ADR | Reduce -28.3% | 7.12% | −0.46 |
| SNPS Synopsys Inc. | Reduce -13.3% | 3.93% | −0.38 |
| WWD Woodward Inc. | Reduce -12.7% | 6.55% | −0.10 |
| SPOT Spotify Technology SA | Reduce -1.4% | 4.89% | −0.09 |
| MYRG MYR Group Inc./Delaware | Reduce -19.0% | 6.47% | +0.10 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -23.8% | 8.05% | +0.22 |
| VIK Viking Holdings Ltd. | Reduce -14.0% | 5.70% | +0.50 |
| GOOGL Alphabet Inc. Class A | Reduce -26.2% | 8.58% | +0.88 |
Portfolio Buys Q2 2025 → Q3 2025
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 |