FACT Capital, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed March 9, 2026), FACT Capital, LP reported 18 stock positions worth $178.8 million. Its top holding was Alphabet Class A (GOOGL) at 10.3% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 9.4%) and Atour Lifestyle Holdings-ADR (ATAT, 7.8%). Compared with Q3 2025, it opened 2 new positions, sold out of 2, added to 5 and reduced 9. The biggest buy was a new position in Wesco International (WCC) and the biggest sale an exit from Intercontinental Exchange (ICE).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001964400
- Portfolio Value
- $178.8M (Q4 2025)
- SEC Filing
- 0001420506-26-000633 ↗ filed Mar 9, 2026
Holdings Value
Holdings 18 stocks · $178.8M
| GOOGL Alphabet Inc. Class A | 10.32% | 58,960 | $18.5M | Reduce -13.1% |
| TSM Taiwan Semiconductor-SP ADR | 9.37% | 55,164 | $16.8M | Reduce -0.4% |
| ATAT Atour Lifestyle Holdings-ADR | 7.80% | 354,084 | $14.0M | Reduce -2.5% |
| IBN Icici Bank Ltd.-Spon ADR | 7.19% | 431,346 | $12.9M | Reduce -14.7% |
| WWD Woodward Inc. | 6.81% | 40,290 | $12.2M | Reduce -19.2% |
| ATI Ati Inc. | 6.62% | 103,102 | $11.8M | Add +1.7% |
| MYRG MYR Group Inc./Delaware | 6.56% | 53,683 | $11.7M | Reduce -10.2% |
| TME Tencent Music Entertainm-ADR | 5.75% | 586,839 | $10.3M | No change |
| VIK Viking Holdings Ltd. | 5.72% | 143,175 | $10.2M | Reduce -18.7% |
| MSFT Microsoft Corp. | 5.49% | 20,292 | $9.8M | Reduce -16.7% |
| BSX Boston Scientific Corp. | 5.11% | 95,907 | $9.1M | No change |
| PDD PDD Holdings Inc. | 4.64% | 73,156 | $8.3M | Add +20.1% |
| SPOT Spotify Technology SA | 4.47% | 13,754 | $8.0M | Add +2.0% |
| WCC Wesco International Inc. | 4.04% | 29,506 | $7.2M | New |
| MMYT Makemytrip Ltd. | 3.20% | 69,641 | $5.7M | Add +0.4% |
| SNPS Synopsys Inc. | 2.80% | 10,662 | $5.0M | Reduce -30.5% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 2.74% | 29,866 | $4.9M | Add +1.6% |
| SN Sharkninja Inc. | 1.38% | 21,977 | $2.5M | New |
Portfolio Sells Q3 2025 → Q4 2025
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −4.68 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −3.03 |
| SNPS Synopsys Inc. | Reduce -30.5% | 2.80% | −1.13 |
| MSFT Microsoft Corp. | Reduce -16.7% | 5.49% | −1.07 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -14.7% | 7.19% | −0.76 |
| VIK Viking Holdings Ltd. | Reduce -18.7% | 5.72% | +0.02 |
| MYRG MYR Group Inc./Delaware | Reduce -10.2% | 6.56% | +0.09 |
| WWD Woodward Inc. | Reduce -19.2% | 6.81% | +0.26 |
| ATAT Atour Lifestyle Holdings-ADR | Reduce -2.5% | 7.80% | +0.70 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.4% | 9.37% | +1.33 |
| GOOGL Alphabet Inc. Class A | Reduce -13.1% | 10.32% | +1.74 |
Portfolio Buys Q3 2025 → Q4 2025
| WCC Wesco International Inc. | New | 4.04% | +4.04 |
| ATI Ati Inc. | Add +1.7% | 6.62% | +2.33 |
| SN Sharkninja Inc. | New | 1.38% | +1.38 |
| PDD PDD Holdings Inc. | Add +20.1% | 4.64% | +0.45 |
| FUTU Futu Holdings Ltd.-ADR | Add +1.6% | 2.74% | +0.08 |
| MMYT Makemytrip Ltd. | Add +0.4% | 3.20% | −0.18 |
| SPOT Spotify Technology SA | Add +2.0% | 4.47% | −0.43 |
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 |