General Equity Holdings LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), General Equity Holdings LP reported 12 stock positions worth $164.4 million. Its top holding was Carvana (CVNA) at 59.7% of the portfolio, followed by Nu Holdings Ltd./Cayman Isl-A (NU, 6.2%) and Onewater Marine Class A (ONEW, 5.3%). Compared with Q2 2025, it opened 5 new positions, sold out of 3, added to 4 and reduced 3. The biggest buy was a new position in Nu Holdings Ltd./Cayman Isl-A (NU) and the biggest sale Sea Ltd.-ADR (SE, shares −55%).
- Most Recent 13F
- Q2 2026
- Location
- Brooklyn, NY
- CIK
- 0001700362
- Portfolio Value
- $164.4M (Q3 2025)
- SEC Filing
- 0001999371-25-017779 ↗ filed Nov 14, 2025
Holdings Value
Holdings 12 stocks · $164.4M
| CVNA Carvana Co. | 59.67% | 260,002 | $98.1M | Add +10.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 6.18% | 634,400 | $10.2M | New |
| ONEW Onewater Marine Inc. Class A | 5.27% | 546,365 | $8.7M | Add +16.2% |
| APP AppLovin Corp. Class A | 5.14% | 11,750 | $8.4M | New |
| SE Sea Ltd.-ADR | 4.59% | 42,250 | $7.6M | Reduce -54.8% |
| GOOG Alphabet Inc. Class C | 3.82% | 25,800 | $6.3M | New |
| FOUR SHIFT4 Payments Inc. Class A | 3.24% | 68,800 | $5.3M | Add +13.2% |
| CPNG Coupang Inc. | 3.21% | 164,100 | $5.3M | Reduce -35.4% |
| OSCR Oscar Health Inc. Class A | 2.99% | 260,000 | $4.9M | Reduce -3.7% |
| JMIA Jumia Technologies AG-ADR | 2.56% | 363,100 | $4.2M | New |
| FTAI Ftai Aviation Ltd. | 2.26% | 22,300 | $3.7M | New |
| STKS One Group Hospitality Inc. filed as THE ONE GROUP HOSPITALITY IN | 1.05% | 583,649 | $1.7M | Add +32.9% |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
| NU Nu Holdings Ltd./Cayman Isl-A | New | 6.18% | +6.18 |
| APP AppLovin Corp. Class A | New | 5.14% | +5.14 |
| GOOG Alphabet Inc. Class C | New | 3.82% | +3.82 |
| JMIA Jumia Technologies AG-ADR | New | 2.56% | +2.56 |
| FTAI Ftai Aviation Ltd. | New | 2.26% | +2.26 |
| ONEW Onewater Marine Inc. Class A | Add +16.2% | 5.27% | +0.50 |
| STKS One Group Hospitality Inc. | Add +32.9% | 1.05% | −0.29 |
| CVNA Carvana Co. | Add +10.1% | 59.67% | −0.54 |
| FOUR SHIFT4 Payments Inc. Class A | Add +13.2% | 3.24% | −1.32 |
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 |