Steamboat Capital Partners, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Steamboat Capital Partners, LLC reported 55 stock positions worth $322.3 million. Its top holding was Gpgi (GPGI) at 7.9% of the portfolio, followed by Apollo Global Management (APO, 6.3%) and Alphabet Class C (GOOG, 6.2%). Compared with Q3 2024, it opened 12 new positions, sold out of 5, added to 8 and reduced 34. The biggest buy was a new position in Priority Technology (PRTH) and the biggest sale Acm Research Class A (ACMR, shares −24%).

Most Recent 13F
Q2 2026
Location
RYE, NY
CIK
0001635663
Portfolio Value
$322.3M (Q4 2024)
SEC Filing
0001635663-25-000002 ↗ filed Feb 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $290.3M Q1 2024 Q2 2024: $272.5M Q2 2024 Q3 2024: $316.1M Q3 2024 Q4 2024: $322.3M $322.3M Q4 2024 Q1 2025: $329.9M Q1 2025 Q2 2025: $350.0M Q2 2025 Q3 2025: $382.6M Q3 2025 Q4 2025: $364.5M Q4 2025 Q1 2026: $402.5M Q1 2026 Q2 2026: $467.6M Q2 2026

Holdings 55 stocks · $322.3M
GPGI Gpgi Inc. filed as COMPOSECURE INC 7.86% 1,653,402 $25.3M Reduce -3.9%
APO Apollo Global Management Inc. 6.25% 122,002 $20.1M Reduce -30.1%
GOOG Alphabet Inc. Class C 6.24% 105,604 $20.1M Reduce -2.0%
AVGO Broadcom Inc. 6.22% 86,437 $20.0M Reduce -2.0%
META Meta Platforms Inc. Class A 6.10% 33,600 $19.7M Reduce -2.0%
FISV Fiserv Inc. 5.73% 89,879 $18.5M Add +14.7%
WFRD Weatherford International PL 4.00% 180,183 $12.9M Reduce -2.1%
HALO Halozyme Therapeutics Inc. 3.70% 249,751 $11.9M Add +43.6%
ACMR Acm Research Inc. Class A 3.51% 748,925 $11.3M Reduce -23.5%
THC Tenet Healthcare Corp. 3.49% 89,234 $11.3M Reduce -1.4%
TMHC Taylor Morrison Home Corp. 3.18% 167,488 $10.3M Add +11.0%
TMUS T-Mobile US Inc. 2.92% 42,669 $9.4M Reduce -2.0%
PRTH Priority Technology Holdings 2.91% 798,509 $9.4M New
AER Aercap Holdings NV 2.85% 95,952 $9.2M Reduce -2.0%
DELL Dell Technologies -C 2.75% 76,824 $8.9M Reduce -2.0%
MHO M/I Homes Inc. 2.38% 57,610 $7.7M Reduce -2.0%
VCTR Victory Capital Holding - A 2.37% 116,868 $7.7M Reduce -2.0%
MSFT Microsoft Corp. 2.14% 16,396 $6.9M Reduce -2.0%
HES Hess Corp. 1.93% 46,649 $6.2M Reduce -2.0%
AMZN Amazon.com Inc. 1.78% 26,103 $5.7M Reduce -1.4%
CONTEXTLOGIC INC - A 1.71% 783,420 $5.5M Reduce -2.0%
SN Sharkninja Inc. 1.60% 52,818 $5.1M Reduce -2.0%
BX Blackstone Inc. 1.28% 23,980 $4.1M Reduce -2.0%
LOW Lowe's Cos Inc. 1.23% 16,078 $4.0M Reduce -2.0%
ACGL Arch Capital Group Ltd. 1.10% 38,502 $3.6M Add +31.4%
CRH CRH PLC 1.09% 38,095 $3.5M Reduce -2.0%
LAD Lithia Motors Inc. 1.07% 9,632 $3.4M Reduce -1.9%
EQH Equitable Holdings Inc. 1.05% 71,938 $3.4M Reduce -2.1%
DAL Delta Air Lines Inc. 0.94% 49,905 $3.0M New
CI The Cigna Group 0.85% 9,980 $2.8M New
IESC Ies Holdings Inc. filed as IES HLDGS INC 0.74% 11,833 $2.4M Add +142.0%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.72% 24,383 $2.3M Reduce -2.1%
TIPT Tiptree Inc. 0.62% 96,033 $2.0M Reduce -2.0%
TLN Talen Energy Corp. 0.61% 9,798 $2.0M Add +96.5%
TDG Transdigm Group Inc. 0.57% 1,462 $1.9M Reduce -2.3%
PPLI People Inc. filed as IAC INC 0.53% 39,384 $1.7M Add +97.8%
JD Jd.com Inc.-ADR 0.53% 48,844 $1.7M Reduce -2.2%
MU Micron Technology Inc. 0.52% 20,002 $1.7M Reduce -58.8%
GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED 0.44% 99,905 $1.4M New
NBIS Nebius Group NV 0.43% 49,869 $1.4M New
SLM SLM Corp. 0.43% 49,808 $1.4M New
PM Philip Morris International 0.37% 9,961 $1.2M New
JPM JPMorgan Chase & Co. 0.37% 4,981 $1.2M New
PSFE Paysafe Ltd. 0.36% 67,295 $1.2M New
CEG Constellation Energy 0.34% 4,875 $1.1M Reduce -2.2%
GFF Griffon Corp. 0.33% 14,943 $1.1M New
NRG NRG Energy Inc. 0.33% 11,763 $1.1M Add +20.3%
CENX Century Aluminum Company 0.27% 48,016 $875K Reduce -2.0%
IMXI International Money Express 0.27% 41,121 $857K New
BRK.A Berkshire Hathaway Inc. Class A 0.21% 1 $681K No change
VST Vistra Corp. 0.21% 4,875 $672K Reduce -2.2%
BUR Burford Capital Ltd. 0.17% 43,297 $552K Reduce -2.0%
NRDS Nerdwallet Inc. Class A 0.17% 40,000 $532K Reduce -83.7%
BABA Alibaba Group Holding-SP ADR 0.15% 5,861 $497K Reduce -2.2%
SARO Standardaero Inc. 0.08% 9,788 $242K New
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.5M (not counted above)
SecurityClassShares / PrincipalValueChange
CMPOW Composecure Inc. -CW25 *W EXP 12/27/202 316,413$1.5MReduce -0.2%

Total filed on the 13F, all lines: $323.8M.

Portfolio Sells Q3 2024 → Q4 2024
ACMR Acm Research Inc. Class A Reduce -23.5% 3.51% −2.78
NTES Netease Inc.-ADR Sold out 0.00% −2.18
THC Tenet Healthcare Corp. Reduce -1.4% 3.49% −1.26
MU Micron Technology Inc. Reduce -58.8% 0.52% −1.07
WFRD Weatherford International PL Reduce -2.1% 4.00% −0.94
NRDS Nerdwallet Inc. Class A Reduce -83.7% 0.17% −0.82
MHO M/I Homes Inc. Reduce -2.0% 2.38% −0.81
BIDU Baidu Inc. - Spon ADR Sold out 0.00% −0.67
APO Apollo Global Management Inc. Reduce -30.1% 6.25% −0.64
UTHR United Therapeutics Corp. Sold out 0.00% −0.57
ASO Academy Sports & Outdoors Inc. Sold out 0.00% −0.37
SN Sharkninja Inc. Reduce -2.0% 1.60% −0.26
DELL Dell Technologies -C Reduce -2.0% 2.75% −0.19
ECVT Ecovyst Inc. Sold out 0.00% −0.19
LOW Lowe's Cos Inc. Reduce -2.0% 1.23% −0.17
MSFT Microsoft Corp. Reduce -2.0% 2.14% −0.13
HES Hess Corp. Reduce -2.0% 1.93% −0.12
KSPI JSC Kaspi.kz ADR Reduce -2.1% 0.72% −0.12
JD Jd.com Inc.-ADR Reduce -2.2% 0.53% −0.11
META Meta Platforms Inc. Class A Reduce -2.0% 6.10% −0.11
TDG Transdigm Group Inc. Reduce -2.3% 0.57% −0.10
AER Aercap Holdings NV Reduce -2.0% 2.85% −0.09
CEG Constellation Energy Reduce -2.2% 0.34% −0.07
BABA Alibaba Group Holding-SP ADR Reduce -2.2% 0.15% −0.05
CRH CRH PLC Reduce -2.0% 1.09% −0.05
BUR Burford Capital Ltd. Reduce -2.0% 0.17% −0.01
TIPT Tiptree Inc. Reduce -2.0% 0.62% +0.01
CENX Century Aluminum Company Reduce -2.0% 0.27% +0.02
VST Vistra Corp. Reduce -2.2% 0.21% +0.02
EQH Equitable Holdings Inc. Reduce -2.1% 1.05% +0.08
TMUS T-Mobile US Inc. Reduce -2.0% 2.92% +0.08
LAD Lithia Motors Inc. Reduce -1.9% 1.07% +0.08
BX Blackstone Inc. Reduce -2.0% 1.28% +0.10
AMZN Amazon.com Inc. Reduce -1.4% 1.78% +0.22
GPGI Gpgi Inc. Reduce -3.9% 7.86% +0.23
VCTR Victory Capital Holding - A Reduce -2.0% 2.37% +0.28
CONTEXTLOGIC INC - A Reduce -2.0% 1.71% +0.33
GOOG Alphabet Inc. Class C Reduce -2.0% 6.24% +0.54
AVGO Broadcom Inc. Reduce -2.0% 6.22% +1.40

Portfolio Buys Q3 2024 → Q4 2024
PRTH Priority Technology Holdings New 2.91% +2.91
FISV Fiserv Inc. Add +14.7% 5.73% +1.28
DAL Delta Air Lines Inc. New 0.94% +0.94
CI The Cigna Group New 0.85% +0.85
HALO Halozyme Therapeutics Inc. Add +43.6% 3.70% +0.56
GRSD Grandstand Ltd. New 0.44% +0.44
IESC Ies Holdings Inc. Add +142.0% 0.74% +0.43
NBIS Nebius Group NV New 0.43% +0.43
SLM SLM Corp. New 0.43% +0.43
PM Philip Morris International New 0.37% +0.37
JPM JPMorgan Chase & Co. New 0.37% +0.37
PSFE Paysafe Ltd. New 0.36% +0.36
TLN Talen Energy Corp. Add +96.5% 0.61% +0.33
GFF Griffon Corp. New 0.33% +0.33
IMXI International Money Express New 0.27% +0.27
PPLI People Inc. Add +97.8% 0.53% +0.19
SARO Standardaero Inc. New 0.08% +0.08
ACGL Arch Capital Group Ltd. Add +31.4% 1.10% +0.07
NRG NRG Energy Inc. Add +20.3% 0.33% +0.05
TMHC Taylor Morrison Home Corp. Add +11.0% 3.18% −0.17

Notes & Other Activity Q3 2024 → Q4 2024
CMPOW Composecure Inc. -CW25 *W EXP 12/27/202 Reduce -0.2% 316,413 $1.5M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 59$467.6MACMR, GOOG, AVGO, MU, AER
Q1 2026 56$402.5MGOOG, CRC, CENX, AVGO, ZM
Q4 2025 59$364.5MACMR, GOOG, CENX, AER, AVGO
Q3 2025 59$382.6MACMR, REZI, SAN, AVGO, CENX
Q2 2025 57$350.0MACMR, PRTH, AER, META, APO
Q1 2025 54$329.9MPRTH, GOOG, FISV, APO, AVGO
Q4 2024 55$322.3MGPGI, APO, GOOG, AVGO, META
Q3 2024 48$316.1MGPGI, APO, ACMR, META, GOOG
Q2 2024 41$272.5MGOOG, WFRD, META, ACMR, APO
Q1 2024 37$290.3MWFRD, ACMR, GOOG, META, AVGO