Shellback Capital, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Shellback Capital, LP reported 85 stock positions worth $1.0 billion. Its top holding was Tapestry (TPR) at 5.8% of the portfolio, followed by Sharkninja (SN, 5.4%) and Ulta Beauty (ULTA, 5.3%). Compared with Q3 2025, it opened 26 new positions, sold out of 45, added to 23 and reduced 30. The biggest buy was Sharkninja (SN, shares +131%) and the biggest sale an exit from Citizens Financial (CFG).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001591744
- Portfolio Value
- $1.0B (Q4 2025)
- SEC Filing
- 0000902664-26-001075 ↗ filed Feb 17, 2026
Holdings Value
Holdings 85 stocks · $1.0B
| TPR Tapestry Inc. | 5.83% | 478,500 | $61.1M | Add +0.3% |
| SN Sharkninja Inc. | 5.38% | 504,261 | $56.4M | Add +130.5% |
| ULTA Ulta Beauty Inc. | 5.28% | 91,500 | $55.4M | Reduce -27.9% |
| RL Ralph Lauren Corp. | 5.24% | 155,413 | $55.0M | Add +5.7% |
| ROST Ross Stores Inc. | 4.64% | 269,700 | $48.6M | Add +26.2% |
| SPOT Spotify Technology SA | 3.88% | 70,000 | $40.6M | Add +26.7% |
| AS Amer Sports Inc. | 3.53% | 990,000 | $37.0M | Add +44.8% |
| TKR Timken Co. | 3.18% | 396,099 | $33.3M | Add +45.1% |
| AMZN Amazon.com Inc. | 2.75% | 125,000 | $28.9M | Add +525.0% |
| CHDN Churchill Downs Inc. | 2.71% | 250,000 | $28.4M | No change |
| BKNG Booking Holdings Inc. | 2.56% | 5,000 | $26.8M | Add +11.1% |
| DKS Dick's Sporting Goods Inc. | 2.54% | 134,250 | $26.6M | Reduce -13.5% |
| FIVE Five Below | 2.39% | 133,000 | $25.1M | Reduce -0.4% |
| BURL Burlington Stores Inc. | 2.30% | 83,515 | $24.1M | Add +5.7% |
| BROS Dutch Bros Inc. Class A | 2.10% | 359,000 | $22.0M | New |
| CPRI Capri Holdings Ltd. | 2.06% | 883,000 | $21.5M | Add +8.0% |
| DOV Dover Corp. | 1.85% | 99,350 | $19.4M | Add +4748.7% |
| ABNB Airbnb Inc. Class A | 1.75% | 135,000 | $18.3M | Add +126.8% |
| NXPI NXP Semiconductors NV | 1.69% | 81,585 | $17.7M | New |
| HLT Hilton Worldwide Holdings Inc. | 1.51% | 55,000 | $15.8M | New |
| BOOT Boot Barn Holdings Inc. | 1.44% | 85,300 | $15.1M | Reduce -39.5% |
| MCHP Microchip Technology Inc. | 1.37% | 225,000 | $14.3M | New |
| GOOGL Alphabet Inc. Class A | 1.34% | 45,000 | $14.1M | New |
| W Wayfair Inc. Class A | 1.23% | 128,429 | $12.9M | Reduce -68.1% |
| UBER Uber Technologies Inc. | 1.17% | 150,000 | $12.3M | Add +100.0% |
| LECO Lincoln Electric Holdings | 1.17% | 51,114 | $12.2M | New |
| GPI Group 1 Automotive Inc. | 1.13% | 30,000 | $11.8M | Reduce -36.0% |
| LYV Live Nation Entertainment Inc. | 1.11% | 81,870 | $11.7M | Add +36.5% |
| DASH DoorDash Inc. Class A | 1.08% | 50,000 | $11.3M | Reduce -58.3% |
| ROKU Roku Inc. | 1.06% | 102,474 | $11.1M | New |
| AZO AutoZone Inc. | 1.04% | 3,200 | $10.9M | Reduce -38.5% |
| CMI Cummins Inc. | 0.97% | 20,000 | $10.2M | New |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.96% | 217,000 | $10.1M | Add +21.5% |
| WMT Walmart Inc. | 0.96% | 90,000 | $10.0M | Add +63.6% |
| VSXY Victoria's Secret & Co. | 0.95% | 183,126 | $9.9M | Add +2153.6% |
| MLM Martin Marietta Materials | 0.95% | 15,920 | $9.9M | New |
| OLLI Ollie's Bargain Outlet Holdi | 0.92% | 87,938 | $9.6M | Reduce -58.8% |
| EAT Brinker International Inc. | 0.86% | 62,800 | $9.0M | Add +71.1% |
| M Macy's Inc. | 0.75% | 357,000 | $7.9M | New |
| BBY Best Buy Co. Inc. | 0.71% | 110,800 | $7.4M | Reduce -53.6% |
| LITE Lumentum Holdings Inc. | 0.70% | 20,000 | $7.4M | New |
| LTH Life Time Group Holdings Inc. | 0.70% | 274,200 | $7.3M | No change |
| NCLH Norwegian Cruise Line Holdin | 0.69% | 325,000 | $7.3M | Add +116.7% |
| ALK Alaska Air Group Inc. | 0.67% | 140,000 | $7.0M | Reduce -36.4% |
| PUMP Propetro Holding Corp. | 0.63% | 697,349 | $6.6M | New |
| HIVE Hive Digital Technologies LT | 0.59% | 2,400,000 | $6.2M | Add +48.4% |
| CPA Copa Holdings SA Class A | 0.58% | 50,036 | $6.0M | No change |
| WYNN WYNN Resorts Ltd. | 0.57% | 50,000 | $6.0M | Reduce -58.3% |
| MKSI MKS Inc. | 0.56% | 36,407 | $5.8M | New |
| REGN Regeneron Pharmaceuticals | 0.54% | 7,384 | $5.7M | New |
| ORLY O'reilly Automotive Inc. | 0.50% | 58,000 | $5.3M | Reduce -70.4% |
| ASO Academy Sports & Outdoors Inc. | 0.50% | 105,566 | $5.3M | Reduce -63.1% |
| BRCB Black Rock Coffee Bar Inc. Class A | 0.49% | 230,000 | $5.1M | No change |
| LYFT LYFT Inc. Class A | 0.46% | 250,000 | $4.8M | Add +100.0% |
| LIF LIFE360 Inc. | 0.43% | 70,000 | $4.5M | New |
| GAP The Gap Inc. | 0.43% | 175,000 | $4.5M | New |
| PAY Paymentus Holdings Inc. Class A | 0.43% | 141,747 | $4.5M | Reduce -79.3% |
| HZO Marinemax Inc. | 0.41% | 179,056 | $4.3M | Reduce -32.0% |
| DKNG Draftkings Inc. Class A | 0.41% | 125,000 | $4.3M | Reduce -80.8% |
| LULU Lululemon Athletica Inc. | 0.40% | 20,000 | $4.2M | New |
| PTON Peloton Interactive Inc. Class A | 0.37% | 625,000 | $3.9M | Reduce -37.5% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.36% | 100,000 | $3.8M | New |
| NFLX Netflix Inc. | 0.36% | 40,000 | $3.8M | Reduce -89.2% |
| Z Zillow Group Inc. Class C | 0.33% | 50,000 | $3.4M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.29% | 20,000 | $3.1M | Reduce -50.0% |
| SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD | 0.28% | 71,000 | $3.0M | New |
| TSEM Tower Semiconductor Ltd. | 0.28% | 25,000 | $2.9M | Add +9.9% |
| GIII G-III Apparel Group Ltd. | 0.28% | 99,700 | $2.9M | New |
| BCO The Brink's Co. | 0.27% | 24,635 | $2.9M | Reduce -76.5% |
| IMAX Imax Corp. | 0.26% | 75,000 | $2.8M | New |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.21% | 50,000 | $2.2M | New |
| BIRK Birkenstock Holding PLC | 0.20% | 52,000 | $2.1M | Reduce -74.9% |
| MOD Modine Manufacturing Co. | 0.20% | 15,452 | $2.1M | Reduce -87.6% |
| CHRW C.H. Robinson Worldwide Inc. | 0.15% | 10,000 | $1.6M | Reduce -91.3% |
| CUBI Customers Bancorp Inc. | 0.15% | 21,448 | $1.6M | Reduce -91.9% |
| MAR Marriott International Class A | 0.15% | 5,000 | $1.6M | New |
| SEI Solaris Energy Infrastructur | 0.15% | 33,374 | $1.5M | New |
| WWW Wolverine World Wide Inc. | 0.15% | 84,500 | $1.5M | Reduce -55.4% |
| CCL Carnival Corp. | 0.15% | 50,000 | $1.5M | Reduce -95.7% |
| CART Maplebear Inc. | 0.10% | 22,313 | $1.0M | Reduce -92.6% |
| SFIX Stitch Fix Inc. Class A | 0.08% | 162,500 | $853K | New |
| ONEW Onewater Marine Inc. Class A | 0.07% | 70,659 | $765K | No change |
| SRAD Sportradar Group AG-A | 0.07% | 30,150 | $717K | No change |
| SIG Signet Jewelers Ltd. | 0.04% | 5,000 | $414K | Reduce -94.7% |
| SHAK Shake Shack Inc. Class A | 0.02% | 3,000 | $244K | Reduce -90.0% |
Portfolio Sells Q3 2025 → Q4 2025
| CFG Citizens Financial Group | Sold out | 0.00% | −4.42 |
| NFLX Netflix Inc. | Reduce -89.2% | 0.36% | −2.45 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −2.33 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −2.08 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −2.02 |
| ORCL Oracle Corp. | Sold out | 0.00% | −2.01 |
| CCL Carnival Corp. | Reduce -95.7% | 0.15% | −1.97 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −1.77 |
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −1.73 |
| LFUS Littelfuse Inc. | Sold out | 0.00% | −1.71 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −1.64 |
| JCI Johnson Controls Internation | Sold out | 0.00% | −1.39 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −1.20 |
| HD Home Depot Inc. | Sold out | 0.00% | −1.18 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −1.14 |
| DKNG Draftkings Inc. Class A | Reduce -80.8% | 0.41% | −1.13 |
| W Wayfair Inc. Class A | Reduce -68.1% | 1.23% | −1.05 |
| DASH DoorDash Inc. Class A | Reduce -58.3% | 1.08% | −0.99 |
| CUBI Customers Bancorp Inc. | Reduce -91.9% | 0.15% | −0.95 |
| MOD Modine Manufacturing Co. | Reduce -87.6% | 0.20% | −0.92 |
| PAY Paymentus Holdings Inc. Class A | Reduce -79.3% | 0.43% | −0.90 |
| ORLY O'reilly Automotive Inc. | Reduce -70.4% | 0.50% | −0.83 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -58.8% | 0.92% | −0.82 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -91.3% | 0.15% | −0.81 |
| EBAY eBay Inc. | Sold out | 0.00% | −0.81 |
| VMC Vulcan Materials Co. | Sold out | 0.00% | −0.78 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.74 |
| CVNA Carvana Co. | Sold out | 0.00% | −0.72 |
| PHM Pultegroup Inc. | Sold out | 0.00% | −0.67 |
| CART Maplebear Inc. | Reduce -92.6% | 0.10% | −0.60 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −0.58 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.58 |
| GM General Motors Co. | Sold out | 0.00% | −0.58 |
| SIG Signet Jewelers Ltd. | Reduce -94.7% | 0.04% | −0.53 |
| BCO The Brink's Co. | Reduce -76.5% | 0.27% | −0.50 |
| SAIA Saia Inc. | Sold out | 0.00% | −0.47 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.46 |
| BBY Best Buy Co. Inc. | Reduce -53.6% | 0.71% | −0.44 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −0.44 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.44 |
| ASO Academy Sports & Outdoors Inc. | Reduce -63.1% | 0.50% | −0.40 |
| WYNN WYNN Resorts Ltd. | Reduce -58.3% | 0.57% | −0.40 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −0.40 |
| UMAC Unusual Machines Inc. | Sold out | 0.00% | −0.40 |
| BIRK Birkenstock Holding PLC | Reduce -74.9% | 0.20% | −0.39 |
| AZO AutoZone Inc. | Reduce -38.5% | 1.04% | −0.38 |
| XYZ Block Inc. | Sold out | 0.00% | −0.34 |
| MTH Meritage Homes Corp. | Sold out | 0.00% | −0.29 |
| LTM Latam Airlines Group SA-ADR | Sold out | 0.00% | −0.29 |
| CZR Caesars Entertainment Inc. | Sold out | 0.00% | −0.26 |
Portfolio Buys Q3 2025 → Q4 2025
| SN Sharkninja Inc. | Add +130.5% | 5.38% | +3.96 |
| ROST Ross Stores Inc. | Add +26.2% | 4.64% | +2.57 |
| AMZN Amazon.com Inc. | Add +525.0% | 2.75% | +2.48 |
| TPR Tapestry Inc. | Add +0.3% | 5.83% | +2.41 |
| RL Ralph Lauren Corp. | Add +5.7% | 5.24% | +2.32 |
| BROS Dutch Bros Inc. Class A | New | 2.10% | +2.10 |
| AS Amer Sports Inc. | Add +44.8% | 3.53% | +2.02 |
| TKR Timken Co. | Add +45.1% | 3.18% | +1.88 |
| DOV Dover Corp. | Add +4748.7% | 1.85% | +1.83 |
| NXPI NXP Semiconductors NV | New | 1.69% | +1.69 |
| HLT Hilton Worldwide Holdings Inc. | New | 1.51% | +1.51 |
| SPOT Spotify Technology SA | Add +26.7% | 3.88% | +1.44 |
| MCHP Microchip Technology Inc. | New | 1.37% | +1.37 |
| GOOGL Alphabet Inc. Class A | New | 1.34% | +1.34 |
| ABNB Airbnb Inc. Class A | Add +126.8% | 1.75% | +1.29 |
| LECO Lincoln Electric Holdings | New | 1.17% | +1.17 |
| ROKU Roku Inc. | New | 1.06% | +1.06 |
| BURL Burlington Stores Inc. | Add +5.7% | 2.30% | +1.03 |
| CPRI Capri Holdings Ltd. | Add +8.0% | 2.06% | +1.02 |
| BKNG Booking Holdings Inc. | Add +11.1% | 2.56% | +1.02 |
| CMI Cummins Inc. | New | 0.97% | +0.97 |
| MLM Martin Marietta Materials | New | 0.95% | +0.95 |
| VSXY Victoria's Secret & Co. | Add +2153.6% | 0.95% | +0.93 |
| M Macy's Inc. | New | 0.75% | +0.75 |
| UBER Uber Technologies Inc. | Add +100.0% | 1.17% | +0.70 |
| LITE Lumentum Holdings Inc. | New | 0.70% | +0.70 |
| PUMP Propetro Holding Corp. | New | 0.63% | +0.63 |
| WMT Walmart Inc. | Add +63.6% | 0.96% | +0.60 |
| EAT Brinker International Inc. | Add +71.1% | 0.86% | +0.57 |
| MKSI MKS Inc. | New | 0.56% | +0.56 |
| REGN Regeneron Pharmaceuticals | New | 0.54% | +0.54 |
| LYV Live Nation Entertainment Inc. | Add +36.5% | 1.11% | +0.49 |
| ONON On Holding AG Class A | Add +21.5% | 0.96% | +0.48 |
| NCLH Norwegian Cruise Line Holdin | Add +116.7% | 0.69% | +0.46 |
| LIF LIFE360 Inc. | New | 0.43% | +0.43 |
| GAP The Gap Inc. | New | 0.43% | +0.43 |
| LULU Lululemon Athletica Inc. | New | 0.40% | +0.40 |
| TTD Trade Desk Inc./the Class A | New | 0.36% | +0.36 |
| Z Zillow Group Inc. Class C | New | 0.33% | +0.33 |
| LYFT LYFT Inc. Class A | Add +100.0% | 0.46% | +0.29 |
| SHOO Steven Madden Ltd. | New | 0.28% | +0.28 |
| GIII G-III Apparel Group Ltd. | New | 0.28% | +0.28 |
| IMAX Imax Corp. | New | 0.26% | +0.26 |
| YETI Yeti Holdings Inc. | New | 0.21% | +0.21 |
| HIVE Hive Digital Technologies LT | Add +48.4% | 0.59% | +0.18 |
| TSEM Tower Semiconductor Ltd. | Add +9.9% | 0.28% | +0.18 |
| MAR Marriott International Class A | New | 0.15% | +0.15 |
| SEI Solaris Energy Infrastructur | New | 0.15% | +0.15 |
| SFIX Stitch Fix Inc. Class A | New | 0.08% | +0.08 |
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 |