Shellback Capital, LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Shellback Capital, LP reported 99 stock positions worth $1.2 billion. Its top holding was Royal Caribbean Cruises (RCL) at 5.1% of the portfolio, followed by Tapestry (TPR, 3.8%) and Vertiv Class A (VRT, 3.5%). Compared with Q2 2024, it opened 23 new positions, sold out of 42, added to 37 and reduced 33. The biggest buy was Royal Caribbean Cruises (RCL, shares +88%) and the biggest sale an exit from Broadcom (AVGO).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001591744
- Portfolio Value
- $1.2B (Q3 2024)
- SEC Filing
- 0000902664-24-006632 ↗ filed Nov 14, 2024
Holdings Value
Holdings 99 stocks · $1.2B
| RCL Royal Caribbean Cruises Ltd. | 5.12% | 357,500 | $63.4M | Add +88.2% |
| TPR Tapestry Inc. | 3.80% | 1,000,000 | $47.0M | Add +3.5% |
| VRT Vertiv Holdings Co. Class A | 3.53% | 439,186 | $43.7M | Add +72.5% |
| HLT Hilton Worldwide Holdings Inc. | 3.45% | 185,000 | $42.6M | Add +8.8% |
| SN Sharkninja Inc. | 3.30% | 375,785 | $40.9M | Reduce -24.2% |
| CPA Copa Holdings SA Class A | 3.22% | 424,717 | $39.9M | Reduce -3.5% |
| DECK Deckers Outdoor Corp. | 2.59% | 201,000 | $32.0M | Add +123.3% |
| META Meta Platforms Inc. Class A | 2.54% | 55,000 | $31.5M | New |
| GPI Group 1 Automotive Inc. | 2.48% | 80,000 | $30.6M | Reduce -16.1% |
| FDX FedEx Corp. | 2.43% | 110,000 | $30.1M | New |
| DD Dupont DE Nemours Inc. | 2.34% | 324,705 | $28.9M | Reduce -36.8% |
| NFLX Netflix Inc. | 2.29% | 40,000 | $28.4M | Add +33.3% |
| LITE Lumentum Holdings Inc. | 2.20% | 428,773 | $27.2M | Add +93.9% |
| VIK Viking Holdings Ltd. | 2.19% | 775,000 | $27.0M | New |
| NVDA Nvidia Corp. | 1.96% | 200,000 | $24.3M | Reduce -20.0% |
| KNF Knife River Corp. | 1.94% | 268,402 | $24.0M | Reduce -16.5% |
| SPOT Spotify Technology SA | 1.79% | 60,000 | $22.1M | Add +300.0% |
| RL Ralph Lauren Corp. | 1.76% | 112,500 | $21.8M | Add +7.1% |
| BURL Burlington Stores Inc. | 1.72% | 80,700 | $21.3M | Add +130.6% |
| WMT Walmart Inc. | 1.63% | 250,000 | $20.2M | Reduce -19.4% |
| OLLI Ollie's Bargain Outlet Holdi | 1.51% | 192,300 | $18.7M | Add +258.8% |
| AAOI Applied Optoelectronics Inc. | 1.45% | 1,254,438 | $18.0M | Add +20.7% |
| CZR Caesars Entertainment Inc. | 1.30% | 384,800 | $16.1M | Add +26.3% |
| FXI iShares China Large-Cap ETF | 1.28% | 500,000 | $15.9M | New |
| DKS Dick's Sporting Goods Inc. | 1.26% | 75,000 | $15.7M | Add +66.7% |
| ENS Enersys | 1.23% | 149,035 | $15.2M | Add +10.1% |
| UBER Uber Technologies Inc. | 1.21% | 200,000 | $15.0M | Add +166.7% |
| FOUR SHIFT4 Payments Inc. Class A | 1.19% | 166,649 | $14.8M | New |
| JBHT Hunt (jb) Transprt SVCS Inc. | 1.11% | 80,000 | $13.8M | Add +14.3% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.11% | 125,000 | $13.7M | Add +4.2% |
| PVH PVH Corp. | 1.10% | 135,000 | $13.6M | Reduce -27.0% |
| AS Amer Sports Inc. | 1.10% | 850,000 | $13.6M | Add +61.9% |
| TGT Target Corp. | 1.07% | 85,000 | $13.2M | New |
| PINS Pinterest Inc. Class A | 1.05% | 400,000 | $12.9M | Add +300.0% |
| AEO American Eagle Outfitters | 1.04% | 575,000 | $12.9M | Reduce -34.3% |
| RACE Ferrari NV | 1.03% | 27,000 | $12.7M | Add +50.0% |
| FN Fabrinet | 0.99% | 51,925 | $12.3M | New |
| GAP The Gap Inc. | 0.94% | 526,200 | $11.6M | Reduce -16.0% |
| DKNG Draftkings Inc. Class A | 0.94% | 295,900 | $11.6M | Reduce -67.1% |
| CRI Carter's Inc. | 0.89% | 169,709 | $11.0M | New |
| ANF Abercrombie & Fitch Co. Class A | 0.88% | 77,500 | $10.8M | New |
| LTH Life Time Group Holdings Inc. | 0.87% | 441,000 | $10.8M | Add +29.3% |
| PYPL PayPal Holdings Inc. | 0.86% | 137,074 | $10.7M | Reduce -67.5% |
| ESI Element Solutions Inc. | 0.85% | 386,896 | $10.5M | Add +41.6% |
| CCL Carnival Corp. | 0.85% | 568,312 | $10.5M | Add +3.3% |
| HZO Marinemax Inc. | 0.84% | 295,633 | $10.4M | No change |
| NCLH Norwegian Cruise Line Holdin | 0.83% | 500,000 | $10.3M | Add +66.7% |
| CHDN Churchill Downs Inc. | 0.82% | 74,923 | $10.1M | Reduce -35.6% |
| ROST Ross Stores Inc. | 0.79% | 65,000 | $9.8M | Reduce -13.3% |
| MMM 3M Co. | 0.71% | 64,454 | $8.8M | New |
| BBY Best Buy Co. Inc. | 0.71% | 85,000 | $8.8M | Add +41.7% |
| CROX Crocs Inc. | 0.70% | 60,000 | $8.7M | Reduce -0.6% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.67% | 76,195 | $8.3M | Reduce -71.2% |
| TOL Toll Brothers Inc. | 0.67% | 53,578 | $8.3M | Add +7.2% |
| SHAK Shake Shack Inc. Class A | 0.67% | 80,000 | $8.3M | Add +23.1% |
| BOOT Boot Barn Holdings Inc. | 0.67% | 49,300 | $8.2M | New |
| CART Maplebear Inc. | 0.66% | 200,000 | $8.1M | New |
| SAIA Saia Inc. | 0.64% | 18,200 | $8.0M | Add +25.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.61% | 64,419 | $7.6M | New |
| W Wayfair Inc. Class A | 0.60% | 131,500 | $7.4M | Reduce -22.9% |
| FLS Flowserve Corp. | 0.57% | 136,564 | $7.1M | New |
| AES AES Corp. | 0.57% | 350,000 | $7.0M | New |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.53% | 160,464 | $6.6M | Add +147.6% |
| UNP Union Pacific Corp. | 0.50% | 25,000 | $6.2M | Add +25.0% |
| SIG Signet Jewelers Ltd. | 0.45% | 54,100 | $5.6M | Add +441.0% |
| MGM MGM Resorts International | 0.42% | 134,132 | $5.2M | Reduce -66.5% |
| RDDT Reddit Inc. Class A | 0.40% | 75,000 | $4.9M | New |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.39% | 58,437 | $4.8M | Add +133.8% |
| AZO AutoZone Inc. | 0.38% | 1,500 | $4.7M | Reduce -25.0% |
| BIRK Birkenstock Holding PLC | 0.38% | 95,700 | $4.7M | New |
| WGO Winnebago Industries | 0.37% | 79,658 | $4.6M | No change |
| MIR Mirion Technologies Inc. | 0.37% | 408,810 | $4.5M | New |
| CAR Avis Budget Group Inc. | 0.35% | 50,000 | $4.4M | No change |
| ELF Elf Beauty Inc. | 0.35% | 40,000 | $4.4M | Add +1692.9% |
| CSL Carlisle Cos Inc. | 0.27% | 7,318 | $3.3M | Reduce -90.9% |
| LEVI Levi Strauss & Co. Class A | 0.26% | 150,000 | $3.3M | Add +500.0% |
| BYD Boyd Gaming Corp. | 0.26% | 49,900 | $3.2M | Reduce -50.1% |
| PFGC Performance Food Group Co. | 0.25% | 40,000 | $3.1M | Reduce -20.0% |
| XPO Xpo Inc. | 0.22% | 25,000 | $2.7M | New |
| TXRH Texas Roadhouse Inc. | 0.21% | 15,000 | $2.6M | Reduce -75.0% |
| WYNN WYNN Resorts Ltd. | 0.19% | 25,000 | $2.4M | Reduce -66.7% |
| PAG Penske Automotive Group Inc. | 0.18% | 14,021 | $2.3M | No change |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.18% | 50,000 | $2.3M | Add +150.0% |
| PRKS United Parks & Resorts Inc. | 0.16% | 40,000 | $2.0M | Reduce -60.0% |
| VIVID SEATS INC | 0.16% | 533,509 | $2.0M | Reduce -46.3% |
| BE Bloom Energy Corp. Class A | 0.15% | 175,300 | $1.9M | New |
| PLYA Playa Hotels & Resorts NV | 0.14% | 228,227 | $1.8M | Reduce -62.5% |
| CVNA Carvana Co. | 0.14% | 10,000 | $1.7M | New |
| CMG Chipotle Mexican Grill Inc. | 0.14% | 30,000 | $1.7M | Reduce -76.0% |
| ONEW Onewater Marine Inc. Class A | 0.14% | 70,659 | $1.7M | No change |
| SKX Skechers USA Inc. Class A | 0.14% | 25,000 | $1.7M | Reduce -90.6% |
| THO Thor Industries Inc. | 0.13% | 15,000 | $1.6M | Reduce -25.0% |
| KSS Kohls Corp. | 0.13% | 75,000 | $1.6M | New |
| M Macy's Inc. | 0.13% | 100,000 | $1.6M | Add +66.7% |
| RRR Red Rock Resorts Inc. Class A | 0.11% | 25,000 | $1.4M | Reduce -75.8% |
| FL Foot Locker Inc. | 0.10% | 50,000 | $1.3M | New |
| MBUU Malibu Boats Inc. Class A | 0.10% | 31,450 | $1.2M | Reduce -80.6% |
| SNAP Snap Inc. Class A | 0.04% | 50,000 | $535K | No change |
| CAKE The Cheesecake Factory Inc. | 0.04% | 11,700 | $474K | Reduce -59.0% |
Portfolio Sells Q2 2024 → Q3 2024
| AVGO Broadcom Inc. | Sold out | 0.00% | −4.43 |
| GLW Corning Inc. | Sold out | 0.00% | −2.53 |
| CSL Carlisle Cos Inc. | Reduce -90.9% | 0.27% | −2.12 |
| MKSI MKS Inc. | Reduce -71.2% | 0.67% | −1.87 |
| BROS Dutch Bros Inc. Class A | Sold out | 0.00% | −1.85 |
| PKG Packaging Corp. of America | Sold out | 0.00% | −1.76 |
| DG Dollar General Corp. | Sold out | 0.00% | −1.74 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −1.67 |
| DKNG Draftkings Inc. Class A | Reduce -67.1% | 0.94% | −1.58 |
| WDC Western Digital Corp. | Sold out | 0.00% | −1.55 |
| ORCL Oracle Corp. | Sold out | 0.00% | −1.54 |
| DAL Delta Air Lines Inc. | Sold out | 0.00% | −1.39 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −1.34 |
| SKX Skechers USA Inc. Class A | Reduce -90.6% | 0.14% | −1.21 |
| CLS Celestica Inc. | Sold out | 0.00% | −1.09 |
| PYPL PayPal Holdings Inc. | Reduce -67.5% | 0.86% | −0.93 |
| MGM MGM Resorts International | Reduce -66.5% | 0.42% | −0.88 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.85 |
| DD Dupont DE Nemours Inc. | Reduce -36.8% | 2.34% | −0.70 |
| BBWI Bath & Body Works Inc. | Sold out | 0.00% | −0.69 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.60 |
| VST Vistra Corp. | Sold out | 0.00% | −0.59 |
| MTZ Mastec Inc. | Sold out | 0.00% | −0.59 |
| EAT Brinker International Inc. | Sold out | 0.00% | −0.58 |
| TXRH Texas Roadhouse Inc. | Reduce -75.0% | 0.21% | −0.54 |
| MTN Vail Resorts Inc. | Sold out | 0.00% | −0.53 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.48 |
| CMG Chipotle Mexican Grill Inc. | Reduce -76.0% | 0.14% | −0.43 |
| INFN Infinera Corp. | Sold out | 0.00% | −0.43 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.40 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.40 |
| EEFT Euronet Worldwide Inc. | Sold out | 0.00% | −0.38 |
| CHDN Churchill Downs Inc. | Reduce -35.6% | 0.82% | −0.37 |
| PVH PVH Corp. | Reduce -27.0% | 1.10% | −0.34 |
| MBUU Malibu Boats Inc. Class A | Reduce -80.6% | 0.10% | −0.32 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.31 |
| RRR Red Rock Resorts Inc. Class A | Reduce -75.8% | 0.11% | −0.31 |
| NVDA Nvidia Corp. | Reduce -20.0% | 1.96% | −0.30 |
| WYNN WYNN Resorts Ltd. | Reduce -66.7% | 0.19% | −0.30 |
| IIIV I3 Verticals Inc. Class A | Sold out | 0.00% | −0.29 |
| VIVID SEATS INC | Reduce -46.3% | 0.16% | −0.26 |
| AEO American Eagle Outfitters | Reduce -34.3% | 1.04% | −0.24 |
| PRKS United Parks & Resorts Inc. | Reduce -60.0% | 0.16% | −0.23 |
| PLYA Playa Hotels & Resorts NV | Reduce -62.5% | 0.14% | −0.23 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −0.22 |
| FOXF Fox Factory Holding Corp. | Sold out | 0.00% | −0.21 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −0.20 |
| TEL Te Connectivity Ltd. | Sold out | 0.00% | −0.20 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.19 |
| SANM Sanmina Corp. | Sold out | 0.00% | −0.19 |
Portfolio Buys Q2 2024 → Q3 2024
| RCL Royal Caribbean Cruises Ltd. | Add +88.2% | 5.12% | +2.90 |
| META Meta Platforms Inc. Class A | New | 2.54% | +2.54 |
| FDX FedEx Corp. | New | 2.43% | +2.43 |
| VIK Viking Holdings Ltd. | New | 2.19% | +2.19 |
| VRT Vertiv Holdings Co. Class A | Add +72.5% | 3.53% | +1.91 |
| DECK Deckers Outdoor Corp. | Add +123.3% | 2.59% | +1.52 |
| SPOT Spotify Technology SA | Add +300.0% | 1.79% | +1.44 |
| LITE Lumentum Holdings Inc. | Add +93.9% | 2.20% | +1.37 |
| FXI iShares China Large-Cap ETF | New | 1.28% | +1.28 |
| FOUR SHIFT4 Payments Inc. Class A | New | 1.19% | +1.19 |
| OLLI Ollie's Bargain Outlet Holdi | Add +258.8% | 1.51% | +1.12 |
| BURL Burlington Stores Inc. | Add +130.6% | 1.72% | +1.10 |
| TGT Target Corp. | New | 1.07% | +1.07 |
| FN Fabrinet | New | 0.99% | +0.99 |
| CRI Carter's Inc. | New | 0.89% | +0.89 |
| ANF Abercrombie & Fitch Co. Class A | New | 0.88% | +0.88 |
| AAOI Applied Optoelectronics Inc. | Add +20.7% | 1.45% | +0.82 |
| UBER Uber Technologies Inc. | Add +166.7% | 1.21% | +0.81 |
| NFLX Netflix Inc. | Add +33.3% | 2.29% | +0.81 |
| TPR Tapestry Inc. | Add +3.5% | 3.80% | +0.76 |
| HLT Hilton Worldwide Holdings Inc. | Add +8.8% | 3.45% | +0.72 |
| PINS Pinterest Inc. Class A | Add +300.0% | 1.05% | +0.72 |
| MMM 3M Co. | New | 0.71% | +0.71 |
| BOOT Boot Barn Holdings Inc. | New | 0.67% | +0.67 |
| CART Maplebear Inc. | New | 0.66% | +0.66 |
| TJX TJX Companies Inc. | New | 0.61% | +0.61 |
| AS Amer Sports Inc. | Add +61.9% | 1.10% | +0.61 |
| FLS Flowserve Corp. | New | 0.57% | +0.57 |
| AES AES Corp. | New | 0.57% | +0.57 |
| DKS Dick's Sporting Goods Inc. | Add +66.7% | 1.26% | +0.56 |
| RACE Ferrari NV | Add +50.0% | 1.03% | +0.49 |
| NCLH Norwegian Cruise Line Holdin | Add +66.7% | 0.83% | +0.42 |
| RL Ralph Lauren Corp. | Add +7.1% | 1.76% | +0.41 |
| CZR Caesars Entertainment Inc. | Add +26.3% | 1.30% | +0.41 |
| RDDT Reddit Inc. Class A | New | 0.40% | +0.40 |
| LTH Life Time Group Holdings Inc. | Add +29.3% | 0.87% | +0.40 |
| SIG Signet Jewelers Ltd. | Add +441.0% | 0.45% | +0.39 |
| BIRK Birkenstock Holding PLC | New | 0.38% | +0.38 |
| MIR Mirion Technologies Inc. | New | 0.37% | +0.37 |
| YETI Yeti Holdings Inc. | Add +147.6% | 0.53% | +0.35 |
| BBY Best Buy Co. Inc. | Add +41.7% | 0.71% | +0.34 |
| ELF Elf Beauty Inc. | Add +1692.9% | 0.35% | +0.32 |
| ESI Element Solutions Inc. | Add +41.6% | 0.85% | +0.31 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Add +14.3% | 1.11% | +0.29 |
| TTD Trade Desk Inc./the Class A | Add +4.2% | 1.11% | +0.25 |
| TOL Toll Brothers Inc. | Add +7.2% | 0.67% | +0.25 |
| SHAK Shake Shack Inc. Class A | Add +23.1% | 0.67% | +0.24 |
| LEVI Levi Strauss & Co. Class A | Add +500.0% | 0.26% | +0.23 |
| BJ Bj's Wholesale Club Holdings | Add +133.8% | 0.39% | +0.23 |
| XPO Xpo Inc. | New | 0.22% | +0.22 |
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 |