Gavilan Investment Partners LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Gavilan Investment Partners LLC reported 13 stock positions worth $447.6 million. Its top holding was Meta Platforms Class A (META) at 12.2% of the portfolio, followed by Amazon.com (AMZN, 11.3%) and Shopify Class A (SHOP, 10.1%). Compared with Q2 2025, it opened 1 new position, added to 1 and reduced 3. The biggest buy was a new position in Carvana (CVNA) and the biggest sale Spotify Technology (SPOT, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- BURLINGAME, CA
- CIK
- 0001963404
- Portfolio Value
- $447.6M (Q3 2025)
- SEC Filing
- 0001398344-25-020818 ↗ filed Nov 13, 2025
Holdings Value
Holdings 13 stocks · $447.6M
| META Meta Platforms Inc. Class A | 12.22% | 74,500 | $54.7M | Reduce -7.5% |
| AMZN Amazon.com Inc. | 11.28% | 230,000 | $50.5M | No change |
| SHOP Shopify Inc. Class A | 10.13% | 305,000 | $45.3M | Reduce -7.6% |
| CPNG Coupang Inc. | 9.10% | 1,265,000 | $40.7M | Add +9.5% |
| ASML ASML Holding NV-NY Reg SHS | 8.22% | 38,000 | $36.8M | No change |
| MELI MercadoLibre Inc. | 7.83% | 15,000 | $35.1M | No change |
| PCOR Procore Technologies Inc. | 6.84% | 420,000 | $30.6M | No change |
| SPOT Spotify Technology SA | 6.24% | 40,000 | $27.9M | Reduce -13.0% |
| UBER Uber Technologies Inc. | 6.02% | 275,000 | $26.9M | No change |
| GWRE Guidewire Software Inc. | 5.91% | 115,000 | $26.4M | No change |
| CVNA Carvana Co. | 5.82% | 69,000 | $26.0M | New |
| MA Mastercard Inc. Class A | 5.59% | 44,000 | $25.0M | No change |
| V Visa Inc. Class A | 4.80% | 63,000 | $21.5M | No change |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 15 | $410.8M | AMZN, ASML, META, TSM, MELI |
| Q1 2026 | 14 | $372.3M | AMZN, META, MELI, CVNA, CPNG |
| Q4 2025 | 13 | $416.4M | AMZN, META, MELI, SHOP, CVNA |
| Q3 2025 | 13 | $447.6M | META, AMZN, SHOP, CPNG, ASML |
| Q2 2025 | 12 | $416.1M | META, AMZN, MELI, SHOP, SPOT |
| Q1 2025 | 13 | $355.5M | META, AMZN, SHOP, SPOT, MELI |
| Q4 2024 | 13 | $360.6M | AMZN, META, SHOP, SPOT, MELI |
| Q3 2024 | 13 | $348.1M | META, AMZN, SHOP, GWRE, UBER |
| Q2 2024 | 13 | $315.0M | AMZN, META, GWRE, MELI, UBER |
| Q1 2024 | 13 | $307.2M | META, AMZN, GWRE, UBER, SPOT |