North Peak Capital Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), North Peak Capital Management, LLC reported 7 stock positions worth $601.3 million. Its top holding was Hilton Grand Vacations (HGV) at 28.8% of the portfolio, followed by Carvana (CVNA, 22.0%) and Schwab (charles) (SCHW, 18.8%). Compared with Q4 2025, it sold out of 2, added to 4 and reduced 3. The biggest buy was Sea Ltd.-ADR (SE, shares +175%) and the biggest sale an exit from Pegasystems (PEGA).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001747888
Portfolio Value
$601.3M (Q1 2026)
SEC Filing
0001747888-26-000002 ↗ filed May 14, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $899.8M Q1 2024 Q2 2024: $851.4M Q2 2024 Q3 2024: $711.3M Q3 2024 Q4 2024: $754.9M Q4 2024 Q1 2025: $809.2M Q1 2025 Q2 2025: $1.3B Q2 2025 Q3 2025: $880.7M Q3 2025 Q4 2025: $913.5M Q4 2025 Q1 2026: $601.3M $601.3M Q1 2026 Q2 2026: $900.0M Q2 2026

Holdings 7 stocks · $601.3M
HGV Hilton Grand Vacations Inc. 28.81% 4,428,772 $173.3M Reduce -14.4%
CVNA Carvana Co. 22.01% 420,965 $132.3M Add +7.9%
SCHW Schwab (charles) Corp. 18.78% 1,201,613 $112.9M Reduce -2.7%
DRVN Driven Brands Holdings Inc. 10.60% 5,055,247 $63.7M Add +26.7%
HAE Haemonetics Corp. 9.36% 998,953 $56.3M Reduce -9.4%
SE Sea Ltd.-ADR 8.41% 610,463 $50.6M Add +175.5%
AGL Agilon Health Inc. 2.03% 1,545,537 $12.2M Add +1.3%

Portfolio Sells Q4 2025 → Q1 2026
PEGA Pegasystems Inc. Sold out 0.00% −15.69
ELV Elevance Health Inc. Sold out 0.00% −5.33
HAE Haemonetics Corp. Reduce -9.4% 9.36% −0.31
HGV Hilton Grand Vacations Inc. Reduce -14.4% 28.81% +3.48
SCHW Schwab (charles) Corp. Reduce -2.7% 18.78% +5.28

Portfolio Buys Q4 2025 → Q1 2026
SE Sea Ltd.-ADR Add +175.5% 8.41% +5.31
DRVN Driven Brands Holdings Inc. Add +26.7% 10.60% +4.13
CVNA Carvana Co. Add +7.9% 22.01% +3.99
AGL Agilon Health Inc. Add +1.3% 2.03% −0.84

Options Activity Q4 2025 → Q1 2026
RSP Invesco S&P 500 Equal Weight put Sold out 1,374,131 $263.2Mbefore exit

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 8$900.0MHGV, AGL, SCHW, CVNA, SE
Q1 2026 7$601.3MHGV, CVNA, SCHW, DRVN, HAE
Q4 2025 9$913.5MHGV, CVNA, PEGA, SCHW, HAE
Q3 2025 8$880.7MHGV, CVNA, SCHW, PEGA, ELV
Q2 2025 8$1.3BHGV, RSP, SCHW, ELV, DRVN
Q1 2025 7$809.2MHGV, SCHW, ELV, DRVN, CVNA
Q4 2024 7$754.9MHGV, SCHW, WDAY, DRVN, META
Q3 2024 7$711.3MHGV, WDAY, SCHW, DRVN, FROG
Q2 2024 8$851.4MHGV, SMAR, SCHW, WDAY, DRVN
Q1 2024 8$899.8MHGV, WDAY, SMAR, SCHW, LPLA