Shellback Capital, LP

Name: Shellback Capital, LP 13F holdings, Q1 2024
Creator: Shellback Capital, LP
Published: 2024-05-15

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Shellback Capital, LP reported 123 stock positions worth $1.5 billion. Its top holding was Hilton Worldwide (HLT) at 3.3% of the portfolio, followed by Tapestry (TPR, 3.2%) and Sharkninja (SN, 2.7%). Compared with Q4 2023, it opened 52 new positions, sold out of 26, added to 29 and reduced 30. The biggest buy was a new position in Oracle (ORCL) and the biggest sale an exit from Honeywell International (HON).

Most Recent 13F: Q2 2026
Location: Boston, MA
CIK: 0001591744
Portfolio Value: $1.5B (Q1 2024)
SEC Filing: 0000902664-24-003635 ↗ filed May 15, 2024

Holdings Value

Holdings 123 stocks · $1.5B


HLT Hilton Worldwide Holdings Inc.	3.30%	230,000	$49.1M	Add +4.5%
TPR Tapestry Inc.	3.22%	1,010,000	$48.0M	Add +43.3%
SN Sharkninja Inc.	2.73%	651,102	$40.6M	Add +30.2%
CPA Copa Holdings SA Class A	2.70%	386,194	$40.2M	Add +49.1%
PVH PVH Corp.	2.69%	285,000	$40.1M	No change
ORCL Oracle Corp.	2.64%	312,012	$39.2M	New
TGT Target Corp.	2.62%	220,000	$39.0M	Add +15.8%
PKG Packaging Corp. of America	2.48%	194,334	$36.9M	New
BKNG Booking Holdings Inc.	2.44%	10,000	$36.3M	Add +58.7%
DG Dollar General Corp.	2.40%	229,000	$35.7M	New
RL Ralph Lauren Corp.	2.21%	175,000	$32.9M	New
DKNG Draftkings Inc. Class A	1.98%	650,000	$29.5M	Add +100.0%
CROX Crocs Inc.	1.83%	189,488	$27.2M	New
WMT Walmart Inc.	1.53%	378,300	$22.8M	New
CZR Caesars Entertainment Inc.	1.50%	510,000	$22.3M	Reduce -7.3%
GPI Group 1 Automotive Inc.	1.47%	75,000	$21.9M	Add +66.7%
ATKR Atkore Inc.	1.47%	115,131	$21.9M	Add +218.9%
PYPL PayPal Holdings Inc.	1.44%	320,478	$21.5M	New
HD Home Depot Inc.	1.42%	55,000	$21.1M	New
XYZ Block Inc.	1.41%	248,372	$21.0M	Add +1.6%
DKS Dick's Sporting Goods Inc.	1.40%	92,700	$20.8M	Reduce -15.7%
DELL Dell Technologies -C	1.40%	182,219	$20.8M	New
W Wayfair Inc. Class A	1.37%	300,000	$20.4M	New
KNF Knife River Corp.	1.37%	250,522	$20.3M	No change
LEN Lennar Corp. Class A	1.33%	115,000	$19.8M	New
TJX TJX Companies Inc. filed as TJX COS INC NEW	1.33%	195,000	$19.8M	Add +39.3%
LLY Eli Lilly & Co.	1.31%	25,000	$19.4M	New
DECK Deckers Outdoor Corp.	1.27%	20,000	$18.8M	Add +40.7%
RCL Royal Caribbean Cruises Ltd.	1.26%	135,000	$18.8M	Add +35.0%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	1.24%	120,000	$18.5M	New
LPX Louisiana-Pacific Corp.	1.21%	214,138	$18.0M	Add +114.1%
SNOW Snowflake Inc.	1.20%	110,000	$17.8M	Reduce -45.7%
RYAAY Ryanair Holdings PLC-SP ADR	1.17%	120,000	$17.5M	Reduce -62.0%
ORLY O'reilly Automotive Inc.	1.14%	15,000	$16.9M	New
AEO American Eagle Outfitters	1.08%	625,000	$16.1M	Add +525.0%
AZO AutoZone Inc.	1.06%	5,000	$15.8M	New
DD Dupont DE Nemours Inc.	0.99%	192,500	$14.8M	New
WDC Western Digital Corp.	0.97%	211,626	$14.4M	New
CHDN Churchill Downs Inc.	0.97%	116,320	$14.4M	No change
WYNN WYNN Resorts Ltd.	0.93%	135,000	$13.8M	No change
NFLX Netflix Inc.	0.92%	22,500	$13.7M	Reduce -18.2%
AMZN Amazon.com Inc.	0.91%	75,000	$13.5M	Reduce -16.7%
ELF Elf Beauty Inc.	0.89%	67,231	$13.2M	Add +12.1%
META Meta Platforms Inc. Class A	0.82%	25,000	$12.1M	Reduce -64.3%
OLLI Ollie's Bargain Outlet Holdi	0.80%	150,000	$11.9M	Reduce -2.8%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC	0.79%	135,000	$11.8M	Reduce -51.8%
ROST Ross Stores Inc.	0.79%	80,000	$11.7M	No change
SKX Skechers USA Inc. Class A	0.79%	191,153	$11.7M	Add +52.9%
ULTA Ulta Beauty Inc.	0.78%	22,300	$11.7M	Add +11.5%
TXRH Texas Roadhouse Inc.	0.78%	75,019	$11.6M	Add +200.1%
JBHT Hunt (jb) Transprt SVCS Inc.	0.75%	56,000	$11.2M	New
MBUU Malibu Boats Inc. Class A	0.73%	252,329	$10.9M	Add +267.1%
URBN Urban Outfitters Inc.	0.73%	250,000	$10.9M	Add +92.3%
ASH Ashland Inc.	0.73%	111,167	$10.8M	New
BLDR Builders Firstsource Inc.	0.70%	50,000	$10.4M	No change
SHW The Sherwin-Williams Co.	0.63%	26,832	$9.3M	Reduce -10.6%
PINS Pinterest Inc. Class A	0.62%	265,000	$9.2M	New
HCI Hci Group Inc.	0.58%	74,922	$8.7M	Reduce -59.7%
BIDU Baidu Inc. - Spon ADR	0.57%	80,000	$8.4M	New
AS Amer Sports Inc.	0.55%	500,000	$8.2M	New
CAR Avis Budget Group Inc.	0.54%	65,000	$8.0M	Add +62.5%
OKTA Okta Inc.	0.52%	74,326	$7.8M	New
LITE Lumentum Holdings Inc.	0.52%	162,989	$7.7M	Add +562.6%
TKR Timken Co.	0.51%	87,347	$7.6M	New
CMG Chipotle Mexican Grill Inc.	0.49%	2,500	$7.3M	Reduce -70.6%
BBY Best Buy Co. Inc.	0.47%	85,000	$7.0M	New
BURL Burlington Stores Inc.	0.47%	30,000	$7.0M	Reduce -14.3%
TMO Thermo Fisher Scientific Inc.	0.46%	11,799	$6.9M	Add +979.5%
HZO Marinemax Inc.	0.46%	205,157	$6.8M	Add +668.7%
BYD Boyd Gaming Corp.	0.45%	100,000	$6.7M	Reduce -16.7%
FOUR SHIFT4 Payments Inc. Class A	0.45%	100,618	$6.6M	New
OSK Oshkosh Corp.	0.42%	50,000	$6.2M	New
EXPE Expedia Group Inc.	0.42%	45,000	$6.2M	New
MBLY Mobileye Global Inc. Class A	0.41%	191,724	$6.2M	New
SANM Sanmina Corp.	0.41%	98,086	$6.1M	New
WGO Winnebago Industries	0.41%	82,258	$6.1M	Add +21.3%
VIVID SEATS INC	0.40%	993,663	$6.0M	Add +80.7%
PLYA Playa Hotels & Resorts NV	0.40%	608,395	$5.9M	No change
SHAK Shake Shack Inc. Class A	0.38%	55,000	$5.7M	New
CSL Carlisle Cos Inc.	0.38%	14,518	$5.7M	Reduce -23.6%
KSS Kohls Corp.	0.36%	185,000	$5.4M	Reduce -11.9%
LVS Las Vegas Sands Corp.	0.35%	100,000	$5.2M	No change
PFGC Performance Food Group Co.	0.34%	68,600	$5.1M	Add +71.5%
CLS Celestica Inc.	0.33%	110,000	$4.9M	New
DAL Delta Air Lines Inc.	0.32%	100,000	$4.8M	New
ONON On Holding AG Class A filed as ON HLDG AG	0.32%	135,000	$4.8M	Reduce -25.0%
FLYW Flywire Corp.-Voting	0.31%	185,200	$4.6M	New
FOXF Fox Factory Holding Corp.	0.30%	85,000	$4.4M	No change
CRI Carter's Inc.	0.28%	49,401	$4.2M	Reduce -17.5%
LTH Life Time Group Holdings Inc.	0.28%	266,000	$4.1M	Reduce -7.0%
DHI D.R. Horton Inc.	0.28%	25,000	$4.1M	New
CCL Carnival Corp.	0.27%	250,000	$4.1M	New
SNAP Snap Inc. Class A	0.27%	350,000	$4.0M	New
SPOT Spotify Technology SA	0.27%	15,000	$4.0M	Reduce -50.0%
UNP Union Pacific Corp.	0.26%	15,600	$3.8M	Reduce -61.6%
ANF Abercrombie & Fitch Co. Class A	0.26%	30,500	$3.8M	Reduce -39.0%
VIPS Vipshop Holdings Ltd. - ADR	0.25%	225,000	$3.7M	New
MGM MGM Resorts International	0.24%	75,000	$3.5M	Reduce -50.0%
BBWI Bath & Body Works Inc.	0.24%	70,000	$3.5M	Reduce -44.0%
CRSP Crispr Therapeutics AG	0.23%	50,958	$3.5M	New
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.21%	25,000	$3.1M	New
ASO Academy Sports & Outdoors Inc.	0.20%	45,000	$3.0M	Reduce -71.9%
GOOGL Alphabet Inc. Class A	0.20%	20,000	$3.0M	Reduce -42.9%
IIIV I3 Verticals Inc. Class A	0.20%	130,087	$3.0M	New
ROKU Roku Inc.	0.20%	45,000	$2.9M	Reduce -18.2%
M Macy's Inc.	0.19%	145,000	$2.9M	Reduce -17.1%
PRKS United Parks & Resorts Inc.	0.19%	51,088	$2.9M	New
BROS Dutch Bros Inc. Class A	0.18%	81,178	$2.7M	New
BC Brunswick Corp.	0.18%	27,695	$2.7M	Reduce -26.5%
THO Thor Industries Inc.	0.16%	20,000	$2.3M	New
PAG Penske Automotive Group Inc.	0.15%	14,021	$2.3M	No change
ONEW Onewater Marine Inc. Class A	0.13%	70,659	$2.0M	No change
RRR Red Rock Resorts Inc. Class A	0.10%	24,133	$1.4M	No change
BIRK Birkenstock Holding PLC	0.10%	30,000	$1.4M	Add +11.9%
COHR Coherent Corp.	0.08%	20,000	$1.2M	New
FL Foot Locker Inc.	0.07%	36,105	$1.0M	New
SIG Signet Jewelers Ltd.	0.07%	10,000	$1.0M	New
QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC	0.06%	18,015	$947K	New
NKE Nike Inc. Class B	0.06%	10,000	$940K	Reduce -33.3%
PZZA Papa John's Intl Inc.	0.06%	13,400	$892K	New
ARHS Arhaus Inc.	0.05%	50,000	$770K	New
PTLO Portillo's Inc. Class A	0.04%	45,000	$638K	New
ODD Oddity Tech Ltd. Class A	0.03%	10,000	$435K	New

Portfolio Sells Q4 2023 → Q1 2024


HON Honeywell International Inc.	Sold out	0.00%	−4.83
MSFT Microsoft Corp.	Sold out	0.00%	−4.78
NVDA Nvidia Corp.	Sold out	0.00%	−3.62
RYAAY Ryanair Holdings PLC-SP ADR	Reduce -62.0%	1.17%	−2.52
SNOW Snowflake Inc.	Reduce -45.7%	1.20%	−2.34
MLM Martin Marietta Materials	Sold out	0.00%	−2.14
ETN Eaton Corp. PLC	Sold out	0.00%	−1.70
META Meta Platforms Inc. Class A	Reduce -64.3%	0.82%	−1.36
CMG Chipotle Mexican Grill Inc.	Reduce -70.6%	0.49%	−1.22
VRT Vertiv Holdings Co. Class A	Sold out	0.00%	−1.20
FDX FedEx Corp.	Sold out	0.00%	−1.11
SPR Spirit Aerosystems Hold Class A	Sold out	0.00%	−1.08
ABNB Airbnb Inc. Class A	Sold out	0.00%	−1.07
MCD McDonald's Corp.	Sold out	0.00%	−1.04
ODFL Old Dominion Freight Line	Sold out	0.00%	−1.03
GD General Dynamics Corp.	Sold out	0.00%	−1.03
TTD Trade Desk Inc./the Class A	Reduce -51.8%	0.79%	−0.97
HCI Hci Group Inc.	Reduce -59.7%	0.58%	−0.84
CZR Caesars Entertainment Inc.	Reduce -7.3%	1.50%	−0.76
ANSS Ansys Inc.	Sold out	0.00%	−0.73
ASO Academy Sports & Outdoors Inc.	Reduce -71.9%	0.20%	−0.72
MAR Marriott International Class A	Sold out	0.00%	−0.69
MMM 3M Co.	Sold out	0.00%	−0.62
UNP Union Pacific Corp.	Reduce -61.6%	0.26%	−0.62
LYV Live Nation Entertainment Inc.	Sold out	0.00%	−0.62
SAIA Saia Inc.	Sold out	0.00%	−0.58
CMI Cummins Inc.	Sold out	0.00%	−0.54
BA The Boeing Co.	Sold out	0.00%	−0.46
INTC Intel Corp.	Sold out	0.00%	−0.36
MGM MGM Resorts International	Reduce -50.0%	0.24%	−0.35
AMZN Amazon.com Inc.	Reduce -16.7%	0.91%	−0.29
NFLX Netflix Inc.	Reduce -18.2%	0.92%	−0.26
ROKU Roku Inc.	Reduce -18.2%	0.20%	−0.24
BBWI Bath & Body Works Inc.	Reduce -44.0%	0.24%	−0.24
SPOT Spotify Technology SA	Reduce -50.0%	0.27%	−0.23
GOOGL Alphabet Inc. Class A	Reduce -42.9%	0.20%	−0.23
OLLI Ollie's Bargain Outlet Holdi	Reduce -2.8%	0.80%	−0.22
DPZ Domino's Pizza Inc.	Sold out	0.00%	−0.22
BYD Boyd Gaming Corp.	Reduce -16.7%	0.45%	−0.21
SHW The Sherwin-Williams Co.	Reduce -10.6%	0.63%	−0.19
KSS Kohls Corp.	Reduce -11.9%	0.36%	−0.17
BC Brunswick Corp.	Reduce -26.5%	0.18%	−0.14
TEL Te Connectivity Ltd.	Sold out	0.00%	−0.14
CSL Carlisle Cos Inc.	Reduce -23.6%	0.38%	−0.14
ANF Abercrombie & Fitch Co. Class A	Reduce -39.0%	0.26%	−0.13
BURL Burlington Stores Inc.	Reduce -14.3%	0.47%	−0.13
TGI Triumph Group Inc.	Sold out	0.00%	−0.13
WOLF Wolfspeed Inc.	Sold out	0.00%	−0.12
M Macy's Inc.	Reduce -17.1%	0.19%	−0.11
CRI Carter's Inc.	Reduce -17.5%	0.28%	−0.11

Portfolio Buys Q4 2023 → Q1 2024


ORCL Oracle Corp.	New	2.64%	+2.64
PKG Packaging Corp. of America	New	2.48%	+2.48
DG Dollar General Corp.	New	2.40%	+2.40
RL Ralph Lauren Corp.	New	2.21%	+2.21
CROX Crocs Inc.	New	1.83%	+1.83
WMT Walmart Inc.	New	1.53%	+1.53
PYPL PayPal Holdings Inc.	New	1.44%	+1.44
HD Home Depot Inc.	New	1.42%	+1.42
DELL Dell Technologies -C	New	1.40%	+1.40
W Wayfair Inc. Class A	New	1.37%	+1.37
LEN Lennar Corp. Class A	New	1.33%	+1.33
LLY Eli Lilly & Co.	New	1.31%	+1.31
EL Estee Lauder Companies Class A	New	1.24%	+1.24
ORLY O'reilly Automotive Inc.	New	1.14%	+1.14
AZO AutoZone Inc.	New	1.06%	+1.06
DD Dupont DE Nemours Inc.	New	0.99%	+0.99
DKNG Draftkings Inc. Class A	Add +100.0%	1.98%	+0.98
WDC Western Digital Corp.	New	0.97%	+0.97
ATKR Atkore Inc.	Add +218.9%	1.47%	+0.97
TPR Tapestry Inc.	Add +43.3%	3.22%	+0.95
AEO American Eagle Outfitters	Add +525.0%	1.08%	+0.90
JBHT Hunt (jb) Transprt SVCS Inc.	New	0.75%	+0.75
ASH Ashland Inc.	New	0.73%	+0.73
PINS Pinterest Inc. Class A	New	0.62%	+0.62
LPX Louisiana-Pacific Corp.	Add +114.1%	1.21%	+0.59
BIDU Baidu Inc. - Spon ADR	New	0.57%	+0.57
AS Amer Sports Inc.	New	0.55%	+0.55
OKTA Okta Inc.	New	0.52%	+0.52
TKR Timken Co.	New	0.51%	+0.51
TXRH Texas Roadhouse Inc.	Add +200.1%	0.78%	+0.51
SN Sharkninja Inc.	Add +30.2%	2.73%	+0.48
BKNG Booking Holdings Inc.	Add +58.7%	2.44%	+0.48
BBY Best Buy Co. Inc.	New	0.47%	+0.47
FOUR SHIFT4 Payments Inc. Class A	New	0.45%	+0.45
DECK Deckers Outdoor Corp.	Add +40.7%	1.27%	+0.43
OSK Oshkosh Corp.	New	0.42%	+0.42
EXPE Expedia Group Inc.	New	0.42%	+0.42
MBLY Mobileye Global Inc. Class A	New	0.41%	+0.41
TMO Thermo Fisher Scientific Inc.	Add +979.5%	0.46%	+0.41
SANM Sanmina Corp.	New	0.41%	+0.41
LITE Lumentum Holdings Inc.	Add +562.6%	0.52%	+0.41
MBUU Malibu Boats Inc. Class A	Add +267.1%	0.73%	+0.40
SHAK Shake Shack Inc. Class A	New	0.38%	+0.38
HZO Marinemax Inc.	Add +668.7%	0.46%	+0.37
CLS Celestica Inc.	New	0.33%	+0.33
URBN Urban Outfitters Inc.	Add +92.3%	0.73%	+0.32
DAL Delta Air Lines Inc.	New	0.32%	+0.32
FLYW Flywire Corp.-Voting	New	0.31%	+0.31
CPA Copa Holdings SA Class A	Add +49.1%	2.70%	+0.29
DHI D.R. Horton Inc.	New	0.28%	+0.28

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	89	$1.1B	HD, NXPI, TPR, DOV, DY
Q1 2026	79	$702.6M	TPR, ROST, ZBRA, RL, VIK
Q4 2025	85	$1.0B	TPR, SN, ULTA, RL, ROST
Q3 2025	104	$1.6B	CFG, ULTA, TPR, RL, NFLX
Q2 2025	104	$1.5B	ULTA, TPR, DOV, NVDA, VRT
Q1 2025	87	$1.0B	TPR, RCL, NFLX, DKS, GPI
Q4 2024	119	$1.5B	FTAI, TPR, GS, AJG, TOL
Q3 2024	99	$1.2B	RCL, TPR, VRT, HLT, SN
Q2 2024	118	$1.4B	AVGO, CPA, DD, TPR, SN
Q1 2024	123	$1.5B	HLT, TPR, SN, CPA, PVH