General Equity Holdings LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 18, 2025), General Equity Holdings LP reported 10 stock positions worth $132.1 million. Its top holding was Carvana (CVNA) at 60.2% of the portfolio, followed by Sea Ltd.-ADR (SE, 11.3%) and Coupang (CPNG, 5.8%). Compared with Q1 2025, it opened 4 new positions, added to 4 and reduced 1. The biggest buy was a new position in Coupang (CPNG) and the biggest sale Carvana (CVNA, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- Brooklyn, NY
- CIK
- 0001700362
- Portfolio Value
- $132.1M (Q2 2025)
- SEC Filing
- 0001999371-25-011568 ↗ filed Aug 18, 2025
Holdings Value
Holdings 10 stocks · $132.1M
| CVNA Carvana Co. | 60.21% | 236,080 | $79.5M | Reduce -41.2% |
| SE Sea Ltd.-ADR | 11.32% | 93,500 | $15.0M | Add +3.9% |
| CPNG Coupang Inc. | 5.76% | 254,100 | $7.6M | New |
| ONEW Onewater Marine Inc. Class A | 4.77% | 470,246 | $6.3M | Add +17.9% |
| FOUR SHIFT4 Payments Inc. Class A | 4.56% | 60,800 | $6.0M | New |
| OSCR Oscar Health Inc. Class A | 4.38% | 270,000 | $5.8M | No change |
| CTRN Citi Trends Inc. | 4.35% | 172,229 | $5.8M | Add +2.0% |
| ROOT Root Inc./Oh Class A | 1.91% | 19,700 | $2.5M | New |
| EYE National Vision Holdings Inc. | 1.39% | 80,000 | $1.8M | New |
| STKS One Group Hospitality Inc. filed as THE ONE GROUP HOSPITALITY IN | 1.35% | 439,107 | $1.8M | Add +37.7% |
Portfolio Sells Q1 2025 → Q2 2025
| CVNA Carvana Co. | Reduce -41.2% | 60.21% | −15.84 |
Portfolio Buys Q1 2025 → Q2 2025
| CPNG Coupang Inc. | New | 5.76% | +5.76 |
| FOUR SHIFT4 Payments Inc. Class A | New | 4.56% | +4.56 |
| ROOT Root Inc./Oh Class A | New | 1.91% | +1.91 |
| EYE National Vision Holdings Inc. | New | 1.39% | +1.39 |
| CTRN Citi Trends Inc. | Add +2.0% | 4.35% | +0.97 |
| SE Sea Ltd.-ADR | Add +3.9% | 11.32% | +0.68 |
| STKS One Group Hospitality Inc. | Add +37.7% | 1.35% | +0.48 |
| ONEW Onewater Marine Inc. Class A | Add +17.9% | 4.77% | −1.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 13 | $167.5M | CVNA, SE, APP, JMIA, NU |
| Q1 2026 | 11 | $134.7M | CVNA, APP, SE, NU, ONEW |
| Q4 2025 | 12 | $160.0M | CVNA, SE, NU, CPNG, JMIA |
| Q3 2025 | 12 | $164.4M | CVNA, NU, ONEW, APP, SE |
| Q2 2025 | 10 | $132.1M | CVNA, SE, CPNG, ONEW, FOUR |
| Q1 2025 | 6 | $110.3M | CVNA, SE, ONEW, CTRN, OSCR |
| Q4 2024 | 6 | $127.1M | CVNA, SE, ONEW, OSCR, CTRN |
| Q3 2024 | 6 | $143.9M | CVNA, SE, ONEW, OSCR, LMND |
| Q2 2024 | 5 | $163.7M | CVNA, ONEW, PDD, LMND, CDLX |
| Q1 2024 | 4 | $120.4M | CVNA, ONEW, CDLX, PGNY |