Foxhaven Asset Management, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Foxhaven Asset Management, LP reported 16 stock positions worth $4.1 billion. Its top holding was Amazon.com (AMZN) at 14.5% of the portfolio, followed by MercadoLibre (MELI, 13.9%) and Coupang (CPNG, 10.0%). Compared with Q3 2025, it opened 3 new positions, sold out of 6, added to 8 and reduced 5. The biggest buy was a new position in DoorDash Class A (DASH) and the biggest sale an exit from Shopify Class A (SHOP).
- Most Recent 13F
- Q2 2026
- Location
- Charlottesville, VA
- CIK
- 0001590531
- Portfolio Value
- $4.1B (Q4 2025)
- SEC Filing
- 0001172661-26-001097 ↗ filed Feb 17, 2026
Holdings Value
Holdings 16 stocks · $4.1B
| AMZN Amazon.com Inc. | 14.50% | 2,550,407 | $588.7M | Add +11.2% |
| MELI MercadoLibre Inc. | 13.89% | 279,941 | $563.9M | Add +40.0% |
| CPNG Coupang Inc. | 10.00% | 17,200,310 | $405.8M | Add +60.7% |
| HLT Hilton Worldwide Holdings Inc. | 8.23% | 1,162,590 | $334.0M | Reduce -1.3% |
| FERG Ferguson Enterprises Inc. | 8.22% | 1,498,065 | $333.5M | Reduce -1.3% |
| MSFT Microsoft Corp. | 7.11% | 596,657 | $288.6M | Add +18.5% |
| GOOG Alphabet Inc. Class C | 6.49% | 840,186 | $263.7M | Reduce -15.3% |
| DASH DoorDash Inc. Class A | 5.60% | 1,003,963 | $227.4M | New |
| RBLX Roblox Corp. Class A | 5.07% | 2,542,163 | $206.0M | Add +3.2% |
| V Visa Inc. Class A | 4.75% | 549,336 | $192.7M | Add +2.2% |
| AFRM Affirm Holdings Inc. | 3.50% | 1,906,882 | $141.9M | Reduce -1.3% |
| SE Sea Ltd.-ADR | 3.13% | 996,430 | $127.1M | Add +26.1% |
| NFLX Netflix Inc. | 3.12% | 1,352,870 | $126.8M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 2.81% | 6,817,430 | $114.1M | New |
| DUOL Duolingo | 2.47% | 571,840 | $100.4M | Add +14.4% |
| AUR Aurora Innovation Inc. | 1.11% | 11,712,708 | $45.0M | Reduce -1.3% |
Portfolio Sells Q3 2025 → Q4 2025
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −3.91 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −3.06 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −2.92 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −1.53 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.72 |
| AUR Aurora Innovation Inc. | Reduce -1.3% | 1.11% | −0.49 |
| CART Maplebear Inc. | Sold out | 0.00% | −0.41 |
| FERG Ferguson Enterprises Inc. | Reduce -1.3% | 8.22% | −0.31 |
| AFRM Affirm Holdings Inc. | Reduce -1.3% | 3.50% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -15.3% | 6.49% | +0.45 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -1.3% | 8.23% | +0.58 |
Portfolio Buys Q3 2025 → Q4 2025
| DASH DoorDash Inc. Class A | New | 5.60% | +5.60 |
| NFLX Netflix Inc. | New | 3.12% | +3.12 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 2.81% | +2.81 |
| MELI MercadoLibre Inc. | Add +40.0% | 13.89% | +2.20 |
| AMZN Amazon.com Inc. | Add +11.2% | 14.50% | +1.91 |
| CPNG Coupang Inc. | Add +60.7% | 10.00% | +1.38 |
| MSFT Microsoft Corp. | Add +18.5% | 7.11% | +0.59 |
| V Visa Inc. Class A | Add +2.2% | 4.75% | +0.16 |
| SE Sea Ltd.-ADR | Add +26.1% | 3.13% | −0.40 |
| DUOL Duolingo | Add +14.4% | 2.47% | −1.55 |
| RBLX Roblox Corp. Class A | Add +3.2% | 5.07% | −3.46 |
Options Activity Q3 2025 → Q4 2025
| ARKK ARK Innovation ETF | put | Sold out | 4,000,000 | $345.2Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $3.7B | MELI, AMZN, GOOG, FERG, HLT |
| Q1 2026 | 14 | $3.2B | MELI, AMZN, HLT, FERG, GOOG |
| Q4 2025 | 16 | $4.1B | AMZN, MELI, CPNG, HLT, FERG |
| Q3 2025 | 19 | $4.0B | AMZN, MELI, CPNG, RBLX, FERG |
| Q2 2025 | 18 | $4.1B | MELI, AMZN, FERG, CPNG, HLT |
| Q1 2025 | 18 | $3.3B | AMZN, MELI, HLT, FERG, CPNG |
| Q4 2024 | 20 | $3.7B | AMZN, MELI, HLT, TEAM, FERG |
| Q3 2024 | 20 | $3.6B | MELI, AMZN, HLT, FERG, CPNG |
| Q2 2024 | 19 | $3.6B | AMZN, MELI, HLT, MSFT, FERG |
| Q1 2024 | 25 | $3.7B | AMZN, HLT, MELI, FERG, MSFT |