Rule One Partners, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Rule One Partners, LLC reported 9 stock positions worth $82.9 million. Its top holding was Netflix (NFLX) at 43.5% of the portfolio, followed by Lululemon Athletica (LULU, 26.1%) and Sprouts Farmers Market (SFM, 12.4%). Compared with Q3 2025, it opened 4 new positions, sold out of 1, added to 1 and reduced 1. The biggest buy was a new position in Nike Class B (NKE) and the biggest sale an exit from Occidental Petroleum (OXY).
- Most Recent 13F
- Q2 2026
- Location
- MORELAND, GA
- CIK
- 0002040263
- Portfolio Value
- $82.9M (Q4 2025)
- SEC Filing
- 0002040263-26-000001 ↗ filed Feb 11, 2026
Holdings Value
Holdings 9 stocks · $82.9M
| NFLX Netflix Inc. | 43.52% | 385,000 | $36.1M | No change |
| LULU Lululemon Athletica Inc. | 26.11% | 104,200 | $21.7M | No change |
| SFM Sprouts Farmers Market Inc. | 12.39% | 129,000 | $10.3M | Add +1.6% |
| ASML ASML Holding NV-NY Reg SHS | 9.16% | 7,101 | $7.6M | No change |
| NKE Nike Inc. Class B | 2.84% | 37,001 | $2.4M | New |
| PYPL PayPal Holdings Inc. | 2.46% | 35,001 | $2.0M | New |
| POOL Pool Corp. | 2.07% | 7,501 | $1.7M | New |
| HHH Howard Hughes Holdings Inc. | 1.15% | 12,001 | $957K | Reduce -92.6% |
| TXRH Texas Roadhouse Inc. | 0.30% | 1,501 | $249K | New |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($508.3M), INVESCO QQQ TR puts ($64.4M), ASML HLDG NV calls ($12.3M), LAM RESEARCH CORP calls ($11.1M), AMAZON COM INC puts ($5.8M).
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
Options Activity Q3 2025 → Q4 2025
| STATE STR SPDR S&P 500 ETF T | put | Reduce -1.0% | 763,000 | $508.3M |
| AMAZON COM INC | put | Add +150.0% | 25,000 | $5.8M |
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 | 9 | $92.9M | NFLX, SFM, CRM, LULU, POOL |
| Q1 2026 | 10 | $100.5M | NFLX, CRM, SFM, LULU, ASML |
| Q4 2025 | 9 | $82.9M | NFLX, LULU, SFM, ASML, NKE |
| Q3 2025 | 6 | $112.3M | NFLX, LULU, SFM, OXY, HHH |
| Q2 2025 | 6 | $110.7M | NFLX, SFM, OXY, HHH, LULU |
| Q1 2025 | 12 | $120.9M | NFLX, SFM, OXY, HHH, GOOGL |
| Q4 2024 | 10 | $124.2M | NFLX, SFM, OXY, HHH, GOOGL |
| Q3 2024 | 9 | $110.4M | NFLX, OXY, SFM, HHH, GOOGL |