Kinetic Partners Management, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Kinetic Partners Management, LP reported 44 stock positions worth $2.1 billion. Its top holding was Nvidia (NVDA) at 8.0% of the portfolio, followed by Amazon.com (AMZN, 6.7%) and Sea Ltd.-ADR (SE, 5.8%). Compared with Q3 2025, it opened 7 new positions, sold out of 5, added to 15 and reduced 21. The biggest buy was a new position in Natera (NTRA) and the biggest sale Meta Platforms Class A (META, shares −71%).
- Most Recent 13F
- Q2 2026
- Location
- Miami, FL
- CIK
- 0001911448
- Portfolio Value
- $2.1B (Q4 2025)
- SEC Filing
- 0001172661-26-001121 ↗ filed Feb 17, 2026
Holdings Value
Holdings 44 stocks · $2.1B
| NVDA Nvidia Corp. | 8.00% | 883,925 | $164.9M | Add +15.5% |
| AMZN Amazon.com Inc. | 6.74% | 601,652 | $138.9M | Reduce -23.9% |
| SE Sea Ltd.-ADR | 5.82% | 941,056 | $120.1M | Add +53.8% |
| MSFT Microsoft Corp. | 5.18% | 220,681 | $106.7M | Add +28.5% |
| TSM Taiwan Semiconductor-SP ADR | 5.17% | 350,934 | $106.6M | Reduce -3.3% |
| AVGO Broadcom Inc. | 4.72% | 281,000 | $97.3M | Add +113.0% |
| GOOG Alphabet Inc. Class C | 4.71% | 309,200 | $97.0M | Add +35.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 4.06% | 735,973 | $83.7M | Add +26.1% |
| CRS Carpenter Technology | 3.94% | 257,800 | $81.2M | Reduce -33.3% |
| WWD Woodward Inc. | 3.87% | 263,598 | $79.7M | Add +17.8% |
| CVNA Carvana Co. | 3.08% | 150,199 | $63.4M | Reduce -33.3% |
| NTRA Natera Inc. | 3.04% | 273,300 | $62.6M | New |
| APP AppLovin Corp. Class A | 2.92% | 89,206 | $60.1M | Reduce -30.4% |
| SOLS Solstice Adv Materials Inc. | 2.88% | 1,222,400 | $59.4M | New |
| MDB Mongodb Inc. | 2.66% | 130,567 | $54.8M | Reduce -33.3% |
| FERG Ferguson Enterprises Inc. | 2.66% | 246,000 | $54.8M | Reduce -29.5% |
| SPOT Spotify Technology SA | 2.58% | 91,500 | $53.1M | Reduce -7.1% |
| DASH DoorDash Inc. Class A | 2.31% | 210,386 | $47.6M | Reduce -28.4% |
| SITE Siteone Landscape Supply Inc. | 1.93% | 319,975 | $39.9M | Add +103.2% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.88% | 2,317,528 | $38.8M | No change |
| AGX Argan Inc. | 1.78% | 117,000 | $36.7M | New |
| LPX Louisiana-Pacific Corp. | 1.75% | 447,795 | $36.2M | Reduce -47.4% |
| RDDT Reddit Inc. Class A | 1.75% | 156,560 | $36.0M | Reduce -25.1% |
| FROG Jfrog Ltd. | 1.49% | 490,427 | $30.6M | Add +9.7% |
| CPNG Coupang Inc. | 1.48% | 1,291,200 | $30.5M | Add +75.8% |
| JHX James Hardie Ind PLC | 1.28% | 1,270,000 | $26.4M | New |
| STX Seagate Technology Holdings | 1.27% | 95,200 | $26.2M | Reduce -5.1% |
| NCNO Ncino Inc. | 1.18% | 949,000 | $24.3M | Add +35.8% |
| SGI Somnigroup International Inc. | 1.08% | 249,949 | $22.3M | Add +87.4% |
| AMD Advanced Micro Devices | 1.03% | 98,900 | $21.2M | New |
| NFLX Netflix Inc. | 0.89% | 195,250 | $18.3M | Add +112.2% |
| SHOP Shopify Inc. Class A | 0.89% | 113,626 | $18.3M | Add +202.0% |
| META Meta Platforms Inc. Class A | 0.86% | 26,830 | $17.7M | Reduce -70.9% |
| PFSI Pennymac Financial Services | 0.81% | 125,900 | $16.6M | Add +43.1% |
| CRWV Coreweave Inc. Class A | 0.76% | 218,700 | $15.7M | New |
| OWL Blue Owl Capital Inc. | 0.59% | 810,548 | $12.1M | Reduce -70.7% |
| INTU Intuit Inc. | 0.56% | 17,559 | $11.6M | Reduce -76.9% |
| SNOW Snowflake Inc. | 0.53% | 49,800 | $10.9M | New |
| GTM Zoominfo Technologies Inc. | 0.52% | 1,046,480 | $10.6M | Reduce -20.6% |
| AEO American Eagle Outfitters | 0.39% | 303,300 | $8.0M | Reduce -64.5% |
| GEV GE Vernova Inc. | 0.28% | 8,965 | $5.9M | Reduce -50.6% |
| TSLA Tesla Inc. | 0.28% | 12,648 | $5.7M | Reduce -27.5% |
| SHW The Sherwin-Williams Co. | 0.26% | 16,633 | $5.4M | Reduce -65.5% |
| ORCL Oracle Corp. | 0.18% | 19,200 | $3.7M | Reduce -83.8% |
Portfolio Sells Q3 2025 → Q4 2025
| META Meta Platforms Inc. Class A | Reduce -70.9% | 0.86% | −2.42 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −2.19 |
| INTU Intuit Inc. | Reduce -76.9% | 0.56% | −1.95 |
| LPX Louisiana-Pacific Corp. | Reduce -47.4% | 1.75% | −1.91 |
| OWL Blue Owl Capital Inc. | Reduce -70.7% | 0.59% | −1.68 |
| AMZN Amazon.com Inc. | Reduce -23.9% | 6.74% | −1.67 |
| DASH DoorDash Inc. Class A | Reduce -28.4% | 2.31% | −1.56 |
| APP AppLovin Corp. Class A | Reduce -30.4% | 2.92% | −1.54 |
| ORCL Oracle Corp. | Reduce -83.8% | 0.18% | −1.43 |
| FERG Ferguson Enterprises Inc. | Reduce -29.5% | 2.66% | −1.14 |
| CVNA Carvana Co. | Reduce -33.3% | 3.08% | −1.04 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −0.83 |
| AER Aercap Holdings NV | Sold out | 0.00% | −0.80 |
| SPOT Spotify Technology SA | Reduce -7.1% | 2.58% | −0.75 |
| CRS Carpenter Technology | Reduce -33.3% | 3.94% | −0.66 |
| RDDT Reddit Inc. Class A | Reduce -25.1% | 1.75% | −0.58 |
| SHW The Sherwin-Williams Co. | Reduce -65.5% | 0.26% | −0.55 |
| ATI Ati Inc. | Sold out | 0.00% | −0.52 |
| AEO American Eagle Outfitters | Reduce -64.5% | 0.39% | −0.32 |
| MDB Mongodb Inc. | Reduce -33.3% | 2.66% | −0.28 |
| GEV GE Vernova Inc. | Reduce -50.6% | 0.28% | −0.26 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −0.24 |
| GTM Zoominfo Technologies Inc. | Reduce -20.6% | 0.52% | −0.18 |
| TSLA Tesla Inc. | Reduce -27.5% | 0.28% | −0.10 |
| STX Seagate Technology Holdings | Reduce -5.1% | 1.27% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -3.3% | 5.17% | +0.26 |
Portfolio Buys Q3 2025 → Q4 2025
| NTRA Natera Inc. | New | 3.04% | +3.04 |
| SOLS Solstice Adv Materials Inc. | New | 2.88% | +2.88 |
| AVGO Broadcom Inc. | Add +113.0% | 4.72% | +2.61 |
| GOOG Alphabet Inc. Class C | Add +35.3% | 4.71% | +2.01 |
| AGX Argan Inc. | New | 1.78% | +1.78 |
| JHX James Hardie Ind PLC | New | 1.28% | +1.28 |
| WWD Woodward Inc. | Add +17.8% | 3.87% | +1.13 |
| NVDA Nvidia Corp. | Add +15.5% | 8.00% | +1.08 |
| AMD Advanced Micro Devices | New | 1.03% | +1.03 |
| SITE Siteone Landscape Supply Inc. | Add +103.2% | 1.93% | +0.95 |
| MSFT Microsoft Corp. | Add +28.5% | 5.18% | +0.87 |
| DIS The Walt Disney Co. | Add +26.1% | 4.06% | +0.83 |
| CRWV Coreweave Inc. Class A | New | 0.76% | +0.76 |
| SHOP Shopify Inc. Class A | Add +202.0% | 0.89% | +0.62 |
| SGI Somnigroup International Inc. | Add +87.4% | 1.08% | +0.54 |
| SNOW Snowflake Inc. | New | 0.53% | +0.53 |
| SE Sea Ltd.-ADR | Add +53.8% | 5.82% | +0.53 |
| FROG Jfrog Ltd. | Add +9.7% | 1.49% | +0.46 |
| NFLX Netflix Inc. | Add +112.2% | 0.89% | +0.35 |
| CPNG Coupang Inc. | Add +75.8% | 1.48% | +0.33 |
| PFSI Pennymac Financial Services | Add +43.1% | 0.81% | +0.28 |
| NCNO Ncino Inc. | Add +35.8% | 1.18% | +0.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $4.2B | SPCX, DPC, SNOW, AMZN, NVDA |
| Q1 2026 | 49 | $1.8B | AMZN, NVDA, TSM, AVGO, SE |
| Q4 2025 | 44 | $2.1B | NVDA, AMZN, SE, MSFT, TSM |
| Q3 2025 | 42 | $2.1B | AMZN, NVDA, SE, TSM, CRS |
| Q2 2025 | 39 | $1.8B | AMZN, NVDA, SE, AVGO, DASH |
| Q1 2025 | 32 | $1.4B | AMZN, AVGO, LPX, AER, DASH |
| Q4 2024 | 34 | $1.5B | AMZN, AVGO, LPX, DASH, MSFT |
| Q3 2024 | 28 | $1.4B | AMZN, TRU, DASH, LPX, MSFT |
| Q2 2024 | 27 | $1.4B | AMZN, MSFT, LPX, CRM, CVNA |
| Q1 2024 | 27 | $1.4B | AMZN, CRM, MSFT, FERG, SGI |