Rule One Partners, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Rule One Partners, LLC reported 10 stock positions worth $100.5 million. Its top holding was Netflix (NFLX) at 36.8% of the portfolio, followed by Salesforce (CRM, 16.2%) and Sprouts Farmers Market (SFM, 16.0%). Compared with Q4 2025, it opened 3 new positions, sold out of 2, added to 2 and reduced 1. The biggest buy was a new position in Salesforce (CRM) and the biggest sale Nike Class B (NKE, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- MORELAND, GA
- CIK
- 0002040263
- Portfolio Value
- $100.5M (Q1 2026)
- SEC Filing
- 0002040263-26-000003 ↗ filed May 15, 2026
Holdings Value
Holdings 10 stocks · $100.5M
| NFLX Netflix Inc. | 36.83% | 385,000 | $37.0M | No change |
| CRM Salesforce Inc. | 16.16% | 87,000 | $16.2M | New |
| SFM Sprouts Farmers Market Inc. | 16.04% | 209,000 | $16.1M | Add +62.0% |
| LULU Lululemon Athletica Inc. | 15.87% | 104,200 | $16.0M | No change |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 9.33% | 7,101 | $9.4M | No change |
| LOW Lowe's Cos Inc. | 2.35% | 10,001 | $2.4M | New |
| POOL Pool Corp. | 1.71% | 8,501 | $1.7M | Add +13.3% |
| PYPL PayPal Holdings Inc. | 1.57% | 35,001 | $1.6M | No change |
| NKE Nike Inc. Class B | 0.11% | 2,001 | $106K | Reduce -94.6% |
| CMG Chipotle Mexican Grill Inc. | 0.03% | 1,000 | $32K | New |
Options reported separately and not counted above: INVESCO QQQ TR puts ($96K), POOL CORP calls ($76K).
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
Options Activity Q4 2025 → Q1 2026
| STATE STR SPDR S&P 500 ETF T | put | Sold out | 763,000 | $508.3Mbefore exit |
| ASML HLDG NV | call | Sold out | 11,500 | $12.3Mbefore exit |
| LAM RESEARCH CORP | call | Sold out | 65,000 | $11.1Mbefore exit |
| AMAZON COM INC | put | Sold out | 25,000 | $5.8Mbefore exit |
| INVESCO QQQ TR | put | Reduce -99.0% | 1,054 | $96K |
| POOL CORP | call | New | 220 | $76K |
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 |