Islander Capital Partners, L.P. In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Islander Capital Partners, L.P. reported 13 stock positions worth $275.7 million . Its top holding was Spotify Technology (SPOT) at 17.9% of the portfolio, followed by Affirm (AFRM, 15.6% ) and Sphere Entertainment (SPHR, 13.8% ). Compared with Q1 2026, it opened 2 new positions, sold out of 4, added to 5 and reduced 3. The biggest buy was a new position in Madison Square Garden Sports (MSGS) and the biggest sale an exit from Roblox Class A (RBLX).
Location SAN FRANCISCO, CA
CIK 0002081714
Portfolio Value $275.7M (Q2 2026) Holdings 13 stocks · $275.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 SPOT Spotify Technology SA 107,500 $49.4M Add +4.7% AFRM Affirm Holdings Inc. 529,097 $43.1M Reduce -7.2% SPHR Sphere Entertainment Co. 220,028 $38.1M No change SHOP Shopify Inc. Class A 326,000 $37.2M Add +66.3% KVYO Klaviyo Inc. Class A 1,383,304 $20.9M Add +12.8% TDG Transdigm Group Inc. 14,580 $19.4M Add +7.4% MSGS Madison Square Garden Sports 44,122 $17.7M New NFLX Netflix Inc. 185,828 $13.3M Reduce -7.0% FWONK Liberty Media Corp. Class C 100,000 $9.5M Add +66.7% DASH DoorDash Inc. Class A 45,000 $8.3M No change AMZN Amazon.com Inc. 32,000 $7.6M No change RIVN Rivian Automotive Inc. Class A 363,733 $6.3M New MSGE Madison Square Garden Entert 60,000 $4.9M Reduce -25.0%
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ RBLX Roblox Corp. Class A Sold out 0.00% −10.21 TKO Tko Group Holdings Inc. Sold out 0.00% −3.97 NFLX Netflix Inc. Reduce -7.0% 4.81% −2.76 UBER Uber Technologies Inc. Sold out 0.00% −2.18 TTWO Take-Two Interactive Softwre Sold out 0.00% −2.04 MSGE Madison Square Garden Entert Reduce -25.0% 1.76% −0.10 AFRM Affirm Holdings Inc. Reduce -7.2% 15.65% +5.36
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ MSGS Madison Square Garden Sports New 6.43% +6.43 SHOP Shopify Inc. Class A Add +66.3% 13.50% +4.34 RIVN Rivian Automotive Inc. Class A New 2.29% +2.29 FWONK Liberty Media Corp. Class C Add +66.7% 3.45% +1.44 TDG Transdigm Group Inc. Add +7.4% 7.04% +0.84 SPOT Spotify Technology SA Add +4.7% 17.90% −1.73 KVYO Klaviyo Inc. Class A Add +12.8% 7.58% −1.83
Options Activity Q1 2026 → Q2 2026 Security Type Change vs Q1 2026 Underlying Shares Value ▼ AFRM Affirm Holdings Inc. call Sold out 794,800 $36.4Mbefore exit PSKY Paramount Skydance Class B put Sold out 1,964,500 $17.7Mbefore 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 13 $275.7M SPOT, AFRM, SPHR, SHOP, KVYO Q1 2026 15 $253.7M SPOT, AFRM, RBLX, SPHR, KVYO Q4 2025 14 $221.9M SPOT, NFLX, AFRM, SPHR, KVYO