Shellback Capital, LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Shellback Capital, LP reported 119 stock positions worth $1.5 billion. Its top holding was Ftai Aviation (FTAI) at 5.3% of the portfolio, followed by Tapestry (TPR, 4.5%) and Goldman Sachs (GS, 3.4%). Compared with Q3 2024, it opened 50 new positions, sold out of 30, added to 18 and reduced 39. The biggest buy was a new position in Ftai Aviation (FTAI) and the biggest sale Vertiv Class A (VRT, shares −86%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001591744
- Portfolio Value
- $1.5B (Q4 2024)
- SEC Filing
- 0000902664-25-001047 ↗ filed Feb 14, 2025
Holdings Value
Holdings 119 stocks · $1.5B
| FTAI Ftai Aviation Ltd. | 5.27% | 531,175 | $76.5M | New |
| TPR Tapestry Inc. | 4.51% | 1,002,624 | $65.5M | Add +0.3% |
| GS Goldman Sachs Group Inc. | 3.35% | 85,000 | $48.7M | New |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 3.26% | 166,634 | $47.3M | New |
| TOL Toll Brothers Inc. | 3.12% | 360,000 | $45.3M | Add +571.9% |
| DKS Dick's Sporting Goods Inc. | 3.08% | 195,274 | $44.7M | Add +160.4% |
| ACN Accenture PLC Class A | 2.79% | 115,000 | $40.5M | New |
| GPI Group 1 Automotive Inc. | 2.67% | 92,025 | $38.8M | Add +15.0% |
| AMZN Amazon.com Inc. | 2.64% | 175,000 | $38.4M | New |
| LITE Lumentum Holdings Inc. | 2.38% | 411,999 | $34.6M | Reduce -3.9% |
| DECK Deckers Outdoor Corp. | 2.38% | 170,085 | $34.5M | Reduce -15.4% |
| ROK Rockwell Automation Inc. | 2.08% | 105,888 | $30.3M | New |
| AS Amer Sports Inc. | 2.08% | 1,080,557 | $30.2M | Add +27.1% |
| RCL Royal Caribbean Cruises Ltd. | 2.07% | 130,000 | $30.0M | Reduce -63.6% |
| NFLX Netflix Inc. | 1.84% | 30,000 | $26.7M | Reduce -25.0% |
| DKNG Draftkings Inc. Class A | 1.83% | 712,500 | $26.5M | Add +140.8% |
| META Meta Platforms Inc. Class A | 1.81% | 45,000 | $26.3M | Reduce -18.2% |
| HLT Hilton Worldwide Holdings Inc. | 1.62% | 95,000 | $23.5M | Reduce -48.6% |
| SN Sharkninja Inc. | 1.51% | 224,500 | $21.9M | Reduce -40.3% |
| TSEM Tower Semiconductor Ltd. | 1.46% | 412,754 | $21.3M | New |
| CPA Copa Holdings SA Class A | 1.39% | 230,000 | $20.2M | Reduce -45.9% |
| LAD Lithia Motors Inc. | 1.31% | 53,122 | $19.0M | New |
| WMT Walmart Inc. | 1.31% | 210,000 | $19.0M | Reduce -16.0% |
| RL Ralph Lauren Corp. | 1.30% | 81,500 | $18.8M | Reduce -27.6% |
| ANF Abercrombie & Fitch Co. Class A | 1.18% | 115,000 | $17.2M | Add +48.4% |
| BOOT Boot Barn Holdings Inc. | 1.15% | 110,300 | $16.7M | Add +123.7% |
| LTH Life Time Group Holdings Inc. | 1.15% | 751,573 | $16.6M | Add +70.4% |
| SPOT Spotify Technology SA | 1.08% | 35,000 | $15.7M | Reduce -41.7% |
| OLLI Ollie's Bargain Outlet Holdi | 1.07% | 141,500 | $15.5M | Reduce -26.4% |
| PH Parker Hannifin Corp. | 1.07% | 24,386 | $15.5M | New |
| BBWI Bath & Body Works Inc. | 1.07% | 400,000 | $15.5M | New |
| ROST Ross Stores Inc. | 1.04% | 100,000 | $15.1M | Add +53.9% |
| BURL Burlington Stores Inc. | 0.98% | 50,000 | $14.3M | Reduce -38.0% |
| GAP The Gap Inc. | 0.86% | 526,200 | $12.4M | No change |
| ENS Enersys | 0.85% | 134,035 | $12.4M | Reduce -10.1% |
| CMG Chipotle Mexican Grill Inc. | 0.83% | 200,000 | $12.1M | Add +566.7% |
| PCAR Paccar Inc. | 0.82% | 114,158 | $11.9M | New |
| ORLY O'reilly Automotive Inc. | 0.82% | 10,000 | $11.9M | New |
| VIK Viking Holdings Ltd. | 0.80% | 263,950 | $11.6M | Reduce -65.9% |
| ESI Element Solutions Inc. | 0.77% | 439,459 | $11.2M | Add +13.6% |
| CCL Carnival Corp. | 0.73% | 425,000 | $10.6M | Reduce -25.2% |
| GLW Corning Inc. | 0.72% | 219,984 | $10.5M | New |
| SHAK Shake Shack Inc. Class A | 0.72% | 80,000 | $10.4M | No change |
| CART Maplebear Inc. | 0.71% | 250,000 | $10.4M | Add +25.0% |
| FLUT Flutter Entertainment PLC-Di | 0.71% | 40,000 | $10.3M | New |
| CHDN Churchill Downs Inc. | 0.69% | 74,923 | $10.0M | No change |
| ULTA Ulta Beauty Inc. | 0.66% | 22,000 | $9.6M | New |
| ASO Academy Sports & Outdoors Inc. | 0.64% | 162,500 | $9.3M | New |
| MTH Meritage Homes Corp. | 0.64% | 60,242 | $9.3M | New |
| CCOI Cogent Communications Holdin | 0.64% | 120,089 | $9.3M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.61% | 80,000 | $8.9M | New |
| MTN Vail Resorts Inc. | 0.58% | 45,000 | $8.4M | New |
| DASH DoorDash Inc. Class A | 0.58% | 50,000 | $8.4M | New |
| HZO Marinemax Inc. | 0.56% | 282,833 | $8.2M | Reduce -4.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.54% | 64,419 | $7.8M | No change |
| PVH PVH Corp. | 0.53% | 73,200 | $7.7M | Reduce -45.8% |
| AXTA Axalta Coating Systems Ltd. | 0.53% | 226,185 | $7.7M | New |
| AES AES Corp. | 0.53% | 600,000 | $7.7M | Add +71.4% |
| DAL Delta Air Lines Inc. | 0.52% | 125,000 | $7.6M | New |
| RACE Ferrari NV | 0.51% | 17,500 | $7.4M | Reduce -35.2% |
| SBUX Starbucks Corp. | 0.50% | 80,000 | $7.3M | New |
| BA The Boeing Co. | 0.49% | 40,000 | $7.1M | New |
| BIRK Birkenstock Holding PLC | 0.47% | 120,700 | $6.8M | Add +26.1% |
| VRT Vertiv Holdings Co. Class A | 0.47% | 60,000 | $6.8M | Reduce -86.3% |
| J Jacobs Solutions Inc. | 0.46% | 50,000 | $6.7M | New |
| MMM 3M Co. | 0.45% | 50,920 | $6.6M | Reduce -21.0% |
| RDDT Reddit Inc. Class A | 0.45% | 40,000 | $6.5M | Reduce -46.7% |
| APLD Applied Digital Corp. | 0.43% | 815,388 | $6.2M | New |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.42% | 68,437 | $6.1M | Add +17.1% |
| UBER Uber Technologies Inc. | 0.42% | 100,000 | $6.0M | Reduce -50.0% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.40% | 150,464 | $5.8M | Reduce -6.2% |
| DD Dupont DE Nemours Inc. | 0.40% | 75,336 | $5.7M | Reduce -76.8% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.38% | 53,432 | $5.6M | Reduce -29.9% |
| CUBI Customers Bancorp Inc. | 0.36% | 108,000 | $5.3M | New |
| SMTC Semtech Corp. | 0.36% | 84,719 | $5.2M | New |
| NFE New Fortress Energy Inc. | 0.36% | 344,725 | $5.2M | New |
| M Macy's Inc. | 0.35% | 300,000 | $5.1M | Add +200.0% |
| OMF Onemain Holdings Inc. | 0.35% | 96,500 | $5.0M | New |
| AVGO Broadcom Inc. | 0.32% | 20,000 | $4.6M | New |
| UNP Union Pacific Corp. | 0.31% | 20,000 | $4.6M | Reduce -20.0% |
| ROKU Roku Inc. | 0.31% | 60,000 | $4.5M | New |
| NCLH Norwegian Cruise Line Holdin | 0.31% | 172,991 | $4.5M | Reduce -65.4% |
| MCD McDonald's Corp. | 0.30% | 15,000 | $4.3M | New |
| CRI Carter's Inc. | 0.29% | 77,340 | $4.2M | Reduce -54.4% |
| URBN Urban Outfitters Inc. | 0.28% | 75,000 | $4.1M | New |
| BILL Bill Holdings Inc. | 0.28% | 47,850 | $4.1M | New |
| W Wayfair Inc. Class A | 0.26% | 86,500 | $3.8M | Reduce -34.2% |
| GOOGL Alphabet Inc. Class A | 0.26% | 20,000 | $3.8M | New |
| VSXY Victoria's Secret & Co. | 0.26% | 90,000 | $3.7M | New |
| SIG Signet Jewelers Ltd. | 0.25% | 45,441 | $3.7M | Reduce -16.0% |
| DHI D.R. Horton Inc. | 0.24% | 25,000 | $3.5M | New |
| PFGC Performance Food Group Co. | 0.23% | 40,000 | $3.4M | No change |
| CZR Caesars Entertainment Inc. | 0.23% | 100,000 | $3.3M | Reduce -74.0% |
| DAVE Dave Inc. | 0.22% | 37,001 | $3.2M | New |
| AZO AutoZone Inc. | 0.22% | 1,000 | $3.2M | Reduce -33.3% |
| ST Sensata Technologies Holdplc | 0.20% | 104,647 | $2.9M | New |
| TXRH Texas Roadhouse Inc. | 0.19% | 15,000 | $2.7M | No change |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.18% | 15,000 | $2.6M | Reduce -81.3% |
| TILE Interface Inc. | 0.17% | 102,090 | $2.5M | New |
| SRAD Sportradar Group AG-A | 0.17% | 141,929 | $2.5M | New |
Portfolio Sells Q3 2024 → Q4 2024
| VRT Vertiv Holdings Co. Class A | Reduce -86.3% | 0.47% | −3.06 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -63.6% | 2.07% | −3.06 |
| FDX FedEx Corp. | Sold out | 0.00% | −2.43 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −1.96 |
| DD Dupont DE Nemours Inc. | Reduce -76.8% | 0.40% | −1.94 |
| KNF Knife River Corp. | Sold out | 0.00% | −1.94 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -48.6% | 1.62% | −1.83 |
| CPA Copa Holdings SA Class A | Reduce -45.9% | 1.39% | −1.83 |
| SN Sharkninja Inc. | Reduce -40.3% | 1.51% | −1.80 |
| AAOI Applied Optoelectronics Inc. | Sold out | 0.00% | −1.45 |
| VIK Viking Holdings Ltd. | Reduce -65.9% | 0.80% | −1.38 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −1.28 |
| FOUR SHIFT4 Payments Inc. Class A | Sold out | 0.00% | −1.19 |
| TGT Target Corp. | Sold out | 0.00% | −1.07 |
| CZR Caesars Entertainment Inc. | Reduce -74.0% | 0.23% | −1.07 |
| FN Fabrinet | Sold out | 0.00% | −0.99 |
| TTD Trade Desk Inc./the Class A | Reduce -88.0% | 0.12% | −0.99 |
| PINS Pinterest Inc. Class A | Reduce -87.5% | 0.10% | −0.95 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -81.3% | 0.18% | −0.94 |
| AEO American Eagle Outfitters | Reduce -77.4% | 0.15% | −0.89 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.86 |
| UBER Uber Technologies Inc. | Reduce -50.0% | 0.42% | −0.80 |
| BURL Burlington Stores Inc. | Reduce -38.0% | 0.98% | −0.74 |
| META Meta Platforms Inc. Class A | Reduce -18.2% | 1.81% | −0.73 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.71 |
| SPOT Spotify Technology SA | Reduce -41.7% | 1.08% | −0.71 |
| CROX Crocs Inc. | Sold out | 0.00% | −0.70 |
| SAIA Saia Inc. | Sold out | 0.00% | −0.64 |
| CRI Carter's Inc. | Reduce -54.4% | 0.29% | −0.60 |
| FLS Flowserve Corp. | Sold out | 0.00% | −0.57 |
| PVH PVH Corp. | Reduce -45.8% | 0.53% | −0.57 |
| NCLH Norwegian Cruise Line Holdin | Reduce -65.4% | 0.31% | −0.52 |
| RACE Ferrari NV | Reduce -35.2% | 0.51% | −0.51 |
| RL Ralph Lauren Corp. | Reduce -27.6% | 1.30% | −0.47 |
| NFLX Netflix Inc. | Reduce -25.0% | 1.84% | −0.45 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -26.4% | 1.07% | −0.44 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.42 |
| ENS Enersys | Reduce -10.1% | 0.85% | −0.38 |
| WGO Winnebago Industries | Sold out | 0.00% | −0.37 |
| MIR Mirion Technologies Inc. | Sold out | 0.00% | −0.37 |
| CAR Avis Budget Group Inc. | Sold out | 0.00% | −0.35 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.35 |
| W Wayfair Inc. Class A | Reduce -34.2% | 0.26% | −0.33 |
| WMT Walmart Inc. | Reduce -16.0% | 1.31% | −0.32 |
| MKSI MKS Inc. | Reduce -29.9% | 0.38% | −0.29 |
| HZO Marinemax Inc. | Reduce -4.3% | 0.56% | −0.28 |
| CSL Carlisle Cos Inc. | Sold out | 0.00% | −0.27 |
| LEVI Levi Strauss & Co. Class A | Sold out | 0.00% | −0.26 |
| BYD Boyd Gaming Corp. | Sold out | 0.00% | −0.26 |
| MMM 3M Co. | Reduce -21.0% | 0.45% | −0.26 |
Portfolio Buys Q3 2024 → Q4 2024
| FTAI Ftai Aviation Ltd. | New | 5.27% | +5.27 |
| GS Goldman Sachs Group Inc. | New | 3.35% | +3.35 |
| AJG Arthur J Gallagher & Co. | New | 3.26% | +3.26 |
| ACN Accenture PLC Class A | New | 2.79% | +2.79 |
| AMZN Amazon.com Inc. | New | 2.64% | +2.64 |
| TOL Toll Brothers Inc. | Add +571.9% | 3.12% | +2.45 |
| ROK Rockwell Automation Inc. | New | 2.08% | +2.08 |
| DKS Dick's Sporting Goods Inc. | Add +160.4% | 3.08% | +1.81 |
| TSEM Tower Semiconductor Ltd. | New | 1.46% | +1.46 |
| LAD Lithia Motors Inc. | New | 1.31% | +1.31 |
| PH Parker Hannifin Corp. | New | 1.07% | +1.07 |
| BBWI Bath & Body Works Inc. | New | 1.07% | +1.07 |
| AS Amer Sports Inc. | Add +27.1% | 2.08% | +0.99 |
| DKNG Draftkings Inc. Class A | Add +140.8% | 1.83% | +0.89 |
| PCAR Paccar Inc. | New | 0.82% | +0.82 |
| ORLY O'reilly Automotive Inc. | New | 0.82% | +0.82 |
| GLW Corning Inc. | New | 0.72% | +0.72 |
| TPR Tapestry Inc. | Add +0.3% | 4.51% | +0.72 |
| FLUT Flutter Entertainment PLC-Di | New | 0.71% | +0.71 |
| CMG Chipotle Mexican Grill Inc. | Add +566.7% | 0.83% | +0.69 |
| ULTA Ulta Beauty Inc. | New | 0.66% | +0.66 |
| ASO Academy Sports & Outdoors Inc. | New | 0.64% | +0.64 |
| MTH Meritage Homes Corp. | New | 0.64% | +0.64 |
| CCOI Cogent Communications Holdin | New | 0.64% | +0.64 |
| DIS The Walt Disney Co. | New | 0.61% | +0.61 |
| MTN Vail Resorts Inc. | New | 0.58% | +0.58 |
| DASH DoorDash Inc. Class A | New | 0.58% | +0.58 |
| AXTA Axalta Coating Systems Ltd. | New | 0.53% | +0.53 |
| DAL Delta Air Lines Inc. | New | 0.52% | +0.52 |
| SBUX Starbucks Corp. | New | 0.50% | +0.50 |
| BA The Boeing Co. | New | 0.49% | +0.49 |
| BOOT Boot Barn Holdings Inc. | Add +123.7% | 1.15% | +0.49 |
| J Jacobs Solutions Inc. | New | 0.46% | +0.46 |
| APLD Applied Digital Corp. | New | 0.43% | +0.43 |
| CUBI Customers Bancorp Inc. | New | 0.36% | +0.36 |
| SMTC Semtech Corp. | New | 0.36% | +0.36 |
| NFE New Fortress Energy Inc. | New | 0.36% | +0.36 |
| OMF Onemain Holdings Inc. | New | 0.35% | +0.35 |
| AVGO Broadcom Inc. | New | 0.32% | +0.32 |
| ANF Abercrombie & Fitch Co. Class A | Add +48.4% | 1.18% | +0.31 |
| ROKU Roku Inc. | New | 0.31% | +0.31 |
| MCD McDonald's Corp. | New | 0.30% | +0.30 |
| URBN Urban Outfitters Inc. | New | 0.28% | +0.28 |
| BILL Bill Holdings Inc. | New | 0.28% | +0.28 |
| LTH Life Time Group Holdings Inc. | Add +70.4% | 1.15% | +0.28 |
| GOOGL Alphabet Inc. Class A | New | 0.26% | +0.26 |
| VSXY Victoria's Secret & Co. | New | 0.26% | +0.26 |
| ROST Ross Stores Inc. | Add +53.9% | 1.04% | +0.25 |
| DHI D.R. Horton Inc. | New | 0.24% | +0.24 |
| M Macy's Inc. | Add +200.0% | 0.35% | +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 |