Rule One Partners, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Rule One Partners, LLC reported 6 stock positions worth $112.3 million. Its top holding was Netflix (NFLX) at 41.3% of the portfolio, followed by Lululemon Athletica (LULU, 16.6%) and Sprouts Farmers Market (SFM, 12.4%). Compared with Q2 2025, it added to 2. The biggest buy was Lululemon Athletica (LULU, shares +147%).

Most Recent 13F
Q2 2026
Location
MORELAND, GA
CIK
0002040263
Portfolio Value
$112.3M (Q3 2025)
SEC Filing
0002040263-25-000006 ↗ filed Nov 13, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q3 2024: $110.4M Q3 2024 Q4 2024: $124.2M Q4 2024 Q1 2025: $120.9M Q1 2025 Q2 2025: $110.7M Q2 2025 Q3 2025: $112.3M $112.3M Q3 2025 Q4 2025: $82.9M Q4 2025 Q1 2026: $100.5M Q1 2026 Q2 2026: $92.9M Q2 2026

Holdings 6 stocks · $112.3M
NFLX Netflix Inc. 41.35% 38,500 $46.4M Add +4.0%
LULU Lululemon Athletica Inc. 16.61% 104,200 $18.7M Add +146.9%
SFM Sprouts Farmers Market Inc. 12.37% 127,000 $13.9M No change
OXY Occidental Petroleum Corp. 11.80% 275,501 $13.3M No change
HHH Howard Hughes Holdings Inc. 11.79% 162,001 $13.2M No change
ASML ASML Holding NV-NY Reg SHS 6.08% 7,101 $6.8M No change

Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($513.3M), INVESCO QQQ TR puts ($63.3M), ASML HLDG NV calls ($11.1M), LAM RESEARCH CORP calls ($8.7M), AMAZON COM INC puts ($2.2M).

Portfolio Sells Q2 2025 → Q3 2025
None this quarter.

Portfolio Buys Q2 2025 → Q3 2025
LULU Lululemon Athletica Inc. Add +146.9% 16.61% +7.56
NFLX Netflix Inc. Add +4.0% 41.35% −5.23

Options Activity Q2 2025 → Q3 2025
STATE STR SPDR S&P 500 ETF T put New 770,500 $513.3M
AMAZON COM INC put New 10,000 $2.2M

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 9$92.9MNFLX, SFM, CRM, LULU, POOL
Q1 2026 10$100.5MNFLX, CRM, SFM, LULU, ASML
Q4 2025 9$82.9MNFLX, LULU, SFM, ASML, NKE
Q3 2025 6$112.3MNFLX, LULU, SFM, OXY, HHH
Q2 2025 6$110.7MNFLX, SFM, OXY, HHH, LULU
Q1 2025 12$120.9MNFLX, SFM, OXY, HHH, GOOGL
Q4 2024 10$124.2MNFLX, SFM, OXY, HHH, GOOGL
Q3 2024 9$110.4MNFLX, OXY, SFM, HHH, GOOGL