Hound Partners, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Hound Partners, LLC reported 36 stock positions worth $721.3 million. Its top holding was Carnival (CCL) at 14.9% of the portfolio, followed by Palantir Technologies Class A (PLTR, 13.4%) and Nvidia (NVDA, 12.3%). Compared with Q3 2025, it opened 11 new positions, sold out of 5, added to 4 and reduced 14. The biggest buy was a new position in Palantir Technologies Class A (PLTR) and the biggest sale an exit from Goldman Sachs (GS).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001353316
Portfolio Value
$721.3M (Q4 2025)
SEC Filing
0001353316-26-000002 ↗ filed Feb 17, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $335.5M Q1 2024 Q2 2024: $498.6M Q2 2024 Q3 2024: $399.5M Q3 2024 Q4 2024: $208.1M Q4 2024 Q1 2025: $504.3M Q1 2025 Q2 2025: $739.9M Q2 2025 Q3 2025: $778.6M Q3 2025 Q4 2025: $721.3M $721.3M Q4 2025 Q1 2026: $792.3M Q1 2026 Q2 2026: $862.9M Q2 2026

Holdings 36 stocks · $721.3M
CCL Carnival Corp. 14.94% 3,529,067 $107.8M Reduce -4.3%
PLTR Palantir Technologies Inc. Class A 13.38% 543,000 $96.5M New
NVDA Nvidia Corp. 12.27% 474,577 $88.5M Add +0.5%
NCLH Norwegian Cruise Line Holdin 11.78% 3,807,887 $85.0M Add +23.1%
SE Sea Ltd.-ADR 8.84% 500,000 $63.8M No change
META Meta Platforms Inc. Class A 7.05% 77,000 $50.8M New
GLNG Golar LNG Ltd. 3.64% 705,460 $26.3M Add +7.1%
FOX Fox Corp. Class B 2.75% 305,071 $19.8M New
MSFT Microsoft Corp. 2.30% 34,345 $16.6M Reduce -1.6%
ARW Arrow Electronics Inc. 2.07% 135,695 $15.0M Reduce -17.2%
ICLR Icon PLC 1.89% 75,000 $13.7M No change
ENTG Entegris Inc. 1.86% 159,450 $13.4M Reduce -20.4%
BIO Bio-Rad Laboratories-A 1.82% 43,268 $13.1M Reduce -58.4%
ONON On Holding AG Class A filed as ON HLDG AG 1.61% 250,000 $11.6M No change
ENSG The Ensign Group Inc. 1.58% 65,273 $11.4M Reduce -6.5%
KEX Kirby Corp. 1.52% 99,767 $11.0M Reduce -24.9%
AMZN Amazon.com Inc. 1.45% 45,436 $10.5M Reduce -17.2%
MTN Vail Resorts Inc. 1.09% 59,430 $7.9M Reduce -21.1%
WDAY Workday Inc. Class A 0.97% 32,584 $7.0M Reduce -47.8%
MHK Mohawk Industries Inc. 0.90% 59,131 $6.5M Reduce -17.2%
DG Dollar General Corp. 0.87% 47,228 $6.3M Reduce -61.1%
CALM Cal-Maine Foods Inc. 0.85% 77,341 $6.2M New
BELFA Bel Fuse Inc. Class A 0.79% 37,640 $5.7M New
UBER Uber Technologies Inc. 0.62% 55,157 $4.5M New
FISV Fiserv Inc. 0.61% 65,509 $4.4M Reduce -17.2%
NTSK Netskope Inc. Class A 0.50% 206,500 $3.6M No change
GIII G-III Apparel Group Ltd. 0.45% 112,004 $3.2M Reduce -76.6%
WBI Waterbridge Infrastruc Class A 0.28% 100,000 $2.0M No change
ALH Alliance Laundry Holdings Inc. 0.24% 85,000 $1.7M New
ANDG Andersen Group Inc. Class A 0.22% 60,000 $1.6M New
NP Neptune Insurance Holdi Class A 0.20% 50,500 $1.5M New
IVV iShares Core S&P 500 ETF 0.19% 2,000 $1.4M New
MIAX Miami International Holdings 0.15% 25,000 $1.1M No change
SBET Sharplink Inc. 0.15% 119,684 $1.1M Add +0.8%
AMBQ Ambiq Micro Inc. 0.08% 20,000 $570K No change
AERO Grupo Aeromexico Sab DE CV 0.06% 20,000 $439K New

Options reported separately and not counted above: PATH calls ($21.9M).

Portfolio Sells Q3 2025 → Q4 2025
GS Goldman Sachs Group Inc. Sold out 0.00% −11.86
EXPE Expedia Group Inc. Sold out 0.00% −6.21
BIO Bio-Rad Laboratories-A Reduce -58.4% 1.82% −1.93
LLYVK Liberty Media Corp.-Liberty-C Sold out 0.00% −1.79
GIII G-III Apparel Group Ltd. Reduce -76.6% 0.45% −1.19
HCA HCA Healthcare Inc. Sold out 0.00% −1.00
WDAY Workday Inc. Class A Reduce -47.8% 0.97% −0.96
DG Dollar General Corp. Reduce -61.1% 0.87% −0.74
FISV Fiserv Inc. Reduce -17.2% 0.61% −0.70
ENTG Entegris Inc. Reduce -20.4% 1.86% −0.52
ARW Arrow Electronics Inc. Reduce -17.2% 2.07% −0.47
RPD RAPID7 Inc. Sold out 0.00% −0.37
MTN Vail Resorts Inc. Reduce -21.1% 1.09% −0.35
MHK Mohawk Industries Inc. Reduce -17.2% 0.90% −0.29
AMZN Amazon.com Inc. Reduce -17.2% 1.45% −0.09
MSFT Microsoft Corp. Reduce -1.6% 2.30% −0.02
ENSG The Ensign Group Inc. Reduce -6.5% 1.58% +0.03
KEX Kirby Corp. Reduce -24.9% 1.52% +0.10
CCL Carnival Corp. Reduce -4.3% 14.94% +1.25

Portfolio Buys Q3 2025 → Q4 2025
PLTR Palantir Technologies Inc. Class A New 13.38% +13.38
META Meta Platforms Inc. Class A New 7.05% +7.05
FOX Fox Corp. Class B New 2.75% +2.75
NCLH Norwegian Cruise Line Holdin Add +23.1% 11.78% +2.00
NVDA Nvidia Corp. Add +0.5% 12.27% +0.95
CALM Cal-Maine Foods Inc. New 0.85% +0.85
BELFA Bel Fuse Inc. Class A New 0.79% +0.79
UBER Uber Technologies Inc. New 0.62% +0.62
ALH Alliance Laundry Holdings Inc. New 0.24% +0.24
GLNG Golar LNG Ltd. Add +7.1% 3.64% +0.22
ANDG Andersen Group Inc. Class A New 0.22% +0.22
NP Neptune Insurance Holdi Class A New 0.20% +0.20
IVV iShares Core S&P 500 ETF New 0.19% +0.19
AERO Grupo Aeromexico Sab DE CV New 0.06% +0.06
SBET Sharplink Inc. Add +0.8% 0.15% −0.11

Options Activity Q3 2025 → Q4 2025
PATH Uipath Inc. Class A call New 1,337,900 $21.9M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 32$862.9MNCLH, CCL, META, NVDA, GS
Q1 2026 34$792.3MCCL, NCLH, NVDA, PLTR, HOOD
Q4 2025 36$721.3MCCL, PLTR, NVDA, NCLH, SE
Q3 2025 30$778.6MCCL, GS, SE, NVDA, NCLH
Q2 2025 28$739.9MCCL, SE, NVDA, NCLH, EXPE
Q1 2025 17$504.3MNVDA, NCLH, CCL, EXPE, BIO
Q4 2024 18$208.1MMSFT, DG, BIO, ENTG, ARW
Q3 2024 17$399.5MIBIT, BKNG, FTNT, MSFT, GLNG
Q2 2024 16$498.6MFTNT, IBIT, BKNG, BIO, GLNG
Q1 2024 15$335.5MBIO, GLNG, HCA, IBIT, MSFT