Shellback Capital, LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Shellback Capital, LP reported 79 stock positions worth $702.6 million. Its top holding was Tapestry (TPR) at 5.5% of the portfolio, followed by Ross Stores (ROST, 5.3%) and Zebra Technologies Class A (ZBRA, 5.2%). Compared with Q4 2025, it opened 34 new positions, sold out of 40, added to 8 and reduced 34. The biggest buy was a new position in Zebra Technologies Class A (ZBRA) and the biggest sale an exit from Ulta Beauty (ULTA).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001591744
- Portfolio Value
- $702.6M (Q1 2026)
- SEC Filing
- 0000902664-26-002514 ↗ filed May 15, 2026
Holdings Value
Holdings 79 stocks · $702.6M
| TPR Tapestry Inc. | 5.45% | 271,500 | $38.3M | Reduce -43.3% |
| ROST Ross Stores Inc. | 5.29% | 171,500 | $37.2M | Reduce -36.4% |
| ZBRA Zebra Technologies Corp. Class A | 5.19% | 174,412 | $36.5M | New |
| RL Ralph Lauren Corp. | 4.43% | 90,501 | $31.1M | Reduce -41.8% |
| VIK Viking Holdings Ltd. | 3.92% | 375,000 | $27.6M | New |
| HLT Hilton Worldwide Holdings Inc. | 3.90% | 90,000 | $27.4M | Add +63.6% |
| AS Amer Sports Inc. | 3.89% | 830,000 | $27.3M | Reduce -16.2% |
| COHR Coherent Corp. | 2.96% | 87,209 | $20.8M | New |
| SN Sharkninja Inc. | 2.94% | 195,000 | $20.7M | Reduce -61.3% |
| AMD Advanced Micro Devices | 2.90% | 100,000 | $20.3M | New |
| BROS Dutch Bros Inc. Class A | 2.50% | 347,000 | $17.6M | Reduce -3.3% |
| C Citigroup Inc. | 2.42% | 150,000 | $17.0M | New |
| BURL Burlington Stores Inc. | 2.32% | 50,000 | $16.3M | Reduce -40.1% |
| GTES Gates Industrial Corp. UK Ltd. | 2.26% | 702,082 | $15.9M | New |
| VSXY Victoria's Secret & Co. | 2.14% | 325,000 | $15.1M | Add +77.5% |
| CPA Copa Holdings SA Class A | 1.94% | 120,000 | $13.6M | Add +139.8% |
| DHR Danaher Corp. | 1.90% | 70,561 | $13.4M | New |
| CPRI Capri Holdings Ltd. | 1.80% | 715,970 | $12.6M | Reduce -18.9% |
| FDX FedEx Corp. | 1.77% | 35,000 | $12.5M | New |
| META Meta Platforms Inc. Class A | 1.63% | 20,000 | $11.4M | New |
| LYV Live Nation Entertainment Inc. | 1.52% | 70,000 | $10.7M | Reduce -14.5% |
| MAR Marriott International Class A | 1.49% | 32,000 | $10.5M | Add +540.0% |
| MU Micron Technology Inc. | 1.44% | 30,000 | $10.1M | New |
| MKSI MKS Inc. | 1.35% | 41,216 | $9.5M | Add +13.2% |
| EQPT Equipmentshare.com Inc. Class A | 1.29% | 445,749 | $9.1M | New |
| DOV Dover Corp. | 1.26% | 42,530 | $8.9M | Reduce -57.2% |
| CART Maplebear Inc. | 1.22% | 228,891 | $8.6M | Add +925.8% |
| ETN Eaton Corp. PLC | 1.20% | 23,652 | $8.5M | New |
| DKS Dick's Sporting Goods Inc. | 1.13% | 40,000 | $7.9M | Reduce -70.2% |
| LTH Life Time Group Holdings Inc. | 1.13% | 294,200 | $7.9M | Add +7.3% |
| BOOT Boot Barn Holdings Inc. | 1.11% | 53,220 | $7.8M | Reduce -37.6% |
| SPOT Spotify Technology SA | 1.10% | 16,000 | $7.8M | Reduce -77.1% |
| CHDN Churchill Downs Inc. | 1.02% | 80,000 | $7.2M | Reduce -68.0% |
| ODFL Old Dominion Freight Line | 1.01% | 36,351 | $7.1M | New |
| GPI Group 1 Automotive Inc. | 0.94% | 20,000 | $6.6M | Reduce -33.3% |
| W Wayfair Inc. Class A | 0.86% | 80,400 | $6.0M | Reduce -37.4% |
| CFG Citizens Financial Group | 0.85% | 100,000 | $6.0M | New |
| XPO Xpo Inc. | 0.83% | 30,000 | $5.8M | New |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.82% | 100,000 | $5.8M | New |
| KNX Knight-Swift Transportation | 0.82% | 100,000 | $5.8M | New |
| GOOGL Alphabet Inc. Class A | 0.82% | 20,000 | $5.8M | Reduce -55.6% |
| ROKU Roku Inc. | 0.81% | 60,000 | $5.7M | Reduce -41.5% |
| RCL Royal Caribbean Cruises Ltd. | 0.78% | 20,000 | $5.5M | New |
| AAOI Applied Optoelectronics Inc. | 0.78% | 65,000 | $5.5M | New |
| DAL Delta Air Lines Inc. | 0.76% | 80,000 | $5.3M | New |
| DASH DoorDash Inc. Class A | 0.75% | 35,000 | $5.3M | Reduce -30.0% |
| SAIA Saia Inc. | 0.69% | 13,840 | $4.9M | New |
| SPHR Sphere Entertainment Co. | 0.67% | 40,000 | $4.7M | New |
| HZO Marinemax Inc. | 0.63% | 162,758 | $4.4M | Reduce -9.1% |
| BKNG Booking Holdings Inc. | 0.60% | 1,000 | $4.2M | Reduce -80.0% |
| TOL Toll Brothers Inc. | 0.58% | 30,000 | $4.1M | New |
| RRR Red Rock Resorts Inc. Class A | 0.57% | 75,455 | $4.0M | New |
| CCL Carnival Corp. | 0.55% | 150,000 | $3.9M | Add +200.0% |
| OLLI Ollie's Bargain Outlet Holdi | 0.54% | 41,200 | $3.8M | Reduce -53.1% |
| UAL United Airlines Holdings Inc. | 0.52% | 40,000 | $3.7M | New |
| UBER Uber Technologies Inc. | 0.51% | 50,000 | $3.6M | Reduce -66.7% |
| AEO American Eagle Outfitters | 0.48% | 200,000 | $3.3M | New |
| EAT Brinker International Inc. | 0.46% | 22,800 | $3.3M | Reduce -63.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.45% | 20,000 | $3.2M | No change |
| DECK Deckers Outdoor Corp. | 0.43% | 30,000 | $3.0M | New |
| ABNB Airbnb Inc. Class A | 0.36% | 20,000 | $2.5M | Reduce -85.2% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.35% | 73,000 | $2.5M | Reduce -66.4% |
| BRCB Black Rock Coffee Bar Inc. Class A | 0.35% | 190,000 | $2.5M | Reduce -17.4% |
| PENN Penn Entertainment Inc. | 0.32% | 150,000 | $2.3M | New |
| FPS Forgent Power Solutions Class A | 0.30% | 72,500 | $2.1M | New |
| LUV Southwest Airlines Co. | 0.27% | 50,000 | $1.9M | New |
| DKNG Draftkings Inc. Class A | 0.23% | 75,000 | $1.6M | Reduce -40.0% |
| MCD McDonald's Corp. | 0.22% | 5,000 | $1.6M | New |
| CRI Carter's Inc. | 0.20% | 40,000 | $1.4M | New |
| LIF LIFE360 Inc. | 0.19% | 32,054 | $1.3M | Reduce -54.2% |
| PTON Peloton Interactive Inc. Class A | 0.18% | 300,000 | $1.3M | Reduce -52.0% |
| GIII G-III Apparel Group Ltd. | 0.16% | 39,700 | $1.1M | Reduce -60.2% |
| HCI Hci Group Inc. | 0.10% | 4,624 | $715K | New |
| AZO AutoZone Inc. | 0.10% | 200 | $676K | Reduce -93.8% |
| ONEW Onewater Marine Inc. Class A | 0.10% | 70,659 | $668K | No change |
| WYNN WYNN Resorts Ltd. | 0.07% | 5,000 | $508K | Reduce -90.0% |
| SRAD Sportradar Group AG-A | 0.07% | 30,150 | $505K | No change |
| SIG Signet Jewelers Ltd. | 0.06% | 4,800 | $406K | Reduce -4.0% |
| OMC Omnicom Group | 0.03% | 3,000 | $226K | New |
Portfolio Sells Q4 2025 → Q1 2026
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −5.28 |
| TKR Timken Co. | Sold out | 0.00% | −3.18 |
| SPOT Spotify Technology SA | Reduce -77.1% | 1.10% | −2.78 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −2.75 |
| SN Sharkninja Inc. | Reduce -61.3% | 2.94% | −2.45 |
| FIVE Five Below | Sold out | 0.00% | −2.39 |
| BKNG Booking Holdings Inc. | Reduce -80.0% | 0.60% | −1.96 |
| CHDN Churchill Downs Inc. | Reduce -68.0% | 1.02% | −1.69 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −1.69 |
| DKS Dick's Sporting Goods Inc. | Reduce -70.2% | 1.13% | −1.41 |
| ABNB Airbnb Inc. Class A | Reduce -85.2% | 0.36% | −1.39 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −1.37 |
| LECO Lincoln Electric Holdings | Sold out | 0.00% | −1.17 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.97 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.96 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.95 |
| AZO AutoZone Inc. | Reduce -93.8% | 0.10% | −0.94 |
| RL Ralph Lauren Corp. | Reduce -41.8% | 4.43% | −0.81 |
| M Macy's Inc. | Sold out | 0.00% | −0.75 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.71 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −0.70 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −0.69 |
| ALK Alaska Air Group Inc. | Sold out | 0.00% | −0.67 |
| UBER Uber Technologies Inc. | Reduce -66.7% | 0.51% | −0.66 |
| PUMP Propetro Holding Corp. | Sold out | 0.00% | −0.63 |
| ONON On Holding AG Class A | Reduce -66.4% | 0.35% | −0.61 |
| HIVE Hive Digital Technologies LT | Sold out | 0.00% | −0.59 |
| DOV Dover Corp. | Reduce -57.2% | 1.26% | −0.59 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.54 |
| GOOGL Alphabet Inc. Class A | Reduce -55.6% | 0.82% | −0.53 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.50 |
| ASO Academy Sports & Outdoors Inc. | Sold out | 0.00% | −0.50 |
| WYNN WYNN Resorts Ltd. | Reduce -90.0% | 0.07% | −0.50 |
| LYFT LYFT Inc. Class A | Sold out | 0.00% | −0.46 |
| GAP The Gap Inc. | Sold out | 0.00% | −0.43 |
| PAY Paymentus Holdings Inc. Class A | Sold out | 0.00% | −0.43 |
| EAT Brinker International Inc. | Reduce -63.7% | 0.46% | −0.40 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.40 |
| TPR Tapestry Inc. | Reduce -43.3% | 5.45% | −0.38 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -53.1% | 0.54% | −0.38 |
| W Wayfair Inc. Class A | Reduce -37.4% | 0.86% | −0.37 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.36 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.36 |
| DASH DoorDash Inc. Class A | Reduce -30.0% | 0.75% | −0.33 |
| BOOT Boot Barn Holdings Inc. | Reduce -37.6% | 1.11% | −0.33 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −0.33 |
| SHOO Steven Madden Ltd. | Sold out | 0.00% | −0.28 |
| TSEM Tower Semiconductor Ltd. | Sold out | 0.00% | −0.28 |
| BCO The Brink's Co. | Sold out | 0.00% | −0.27 |
| IMAX Imax Corp. | Sold out | 0.00% | −0.26 |
Portfolio Buys Q4 2025 → Q1 2026
| ZBRA Zebra Technologies Corp. Class A | New | 5.19% | +5.19 |
| VIK Viking Holdings Ltd. | New | 3.92% | +3.92 |
| COHR Coherent Corp. | New | 2.96% | +2.96 |
| AMD Advanced Micro Devices | New | 2.90% | +2.90 |
| C Citigroup Inc. | New | 2.42% | +2.42 |
| HLT Hilton Worldwide Holdings Inc. | Add +63.6% | 3.90% | +2.39 |
| GTES Gates Industrial Corp. UK Ltd. | New | 2.26% | +2.26 |
| DHR Danaher Corp. | New | 1.90% | +1.90 |
| FDX FedEx Corp. | New | 1.77% | +1.77 |
| META Meta Platforms Inc. Class A | New | 1.63% | +1.63 |
| MU Micron Technology Inc. | New | 1.44% | +1.44 |
| CPA Copa Holdings SA Class A | Add +139.8% | 1.94% | +1.36 |
| MAR Marriott International Class A | Add +540.0% | 1.49% | +1.34 |
| EQPT Equipmentshare.com Inc. Class A | New | 1.29% | +1.29 |
| ETN Eaton Corp. PLC | New | 1.20% | +1.20 |
| VSXY Victoria's Secret & Co. | Add +77.5% | 2.14% | +1.20 |
| CART Maplebear Inc. | Add +925.8% | 1.22% | +1.12 |
| ODFL Old Dominion Freight Line | New | 1.01% | +1.01 |
| CFG Citizens Financial Group | New | 0.85% | +0.85 |
| XPO Xpo Inc. | New | 0.83% | +0.83 |
| RYAAY Ryanair Holdings PLC-SP ADR | New | 0.82% | +0.82 |
| KNX Knight-Swift Transportation | New | 0.82% | +0.82 |
| MKSI MKS Inc. | Add +13.2% | 1.35% | +0.79 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.78% | +0.78 |
| AAOI Applied Optoelectronics Inc. | New | 0.78% | +0.78 |
| DAL Delta Air Lines Inc. | New | 0.76% | +0.76 |
| SAIA Saia Inc. | New | 0.69% | +0.69 |
| SPHR Sphere Entertainment Co. | New | 0.67% | +0.67 |
| TOL Toll Brothers Inc. | New | 0.58% | +0.58 |
| RRR Red Rock Resorts Inc. Class A | New | 0.57% | +0.57 |
| UAL United Airlines Holdings Inc. | New | 0.52% | +0.52 |
| AEO American Eagle Outfitters | New | 0.48% | +0.48 |
| LTH Life Time Group Holdings Inc. | Add +7.3% | 1.13% | +0.43 |
| DECK Deckers Outdoor Corp. | New | 0.43% | +0.43 |
| CCL Carnival Corp. | Add +200.0% | 0.55% | +0.41 |
| PENN Penn Entertainment Inc. | New | 0.32% | +0.32 |
| FPS Forgent Power Solutions Class A | New | 0.30% | +0.30 |
| LUV Southwest Airlines Co. | New | 0.27% | +0.27 |
| MCD McDonald's Corp. | New | 0.22% | +0.22 |
| CRI Carter's Inc. | New | 0.20% | +0.20 |
| HCI Hci Group Inc. | New | 0.10% | +0.10 |
| OMC Omnicom Group | New | 0.03% | +0.03 |
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 |