Steamboat Capital Partners, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Steamboat Capital Partners, LLC reported 59 stock positions worth $364.5 million. Its top holding was Acm Research Class A (ACMR) at 5.5% of the portfolio, followed by Alphabet Class C (GOOG, 4.9%) and Century Aluminum (CENX, 4.6%). Compared with Q3 2025, it opened 7 new positions, sold out of 7, added to 24 and reduced 27. The biggest buy was a new position in Ares Management Class A (ARES) and the biggest sale Apollo Global Management (APO, shares −93%).
- Most Recent 13F
- Q2 2026
- Location
- RYE, NY
- CIK
- 0001635663
- Portfolio Value
- $364.5M (Q4 2025)
- SEC Filing
- 0001635663-26-000003 ↗ filed Feb 17, 2026
Holdings Value
Holdings 59 stocks · $364.5M
| ACMR Acm Research Inc. Class A | 5.46% | 504,161 | $19.9M | Reduce -4.0% |
| GOOG Alphabet Inc. Class C | 4.88% | 56,742 | $17.8M | Add +1.5% |
| CENX Century Aluminum Company | 4.56% | 423,808 | $16.6M | Reduce -10.2% |
| AER Aercap Holdings NV | 3.95% | 100,069 | $14.4M | Reduce -9.6% |
| AVGO Broadcom Inc. | 3.39% | 35,670 | $12.3M | Reduce -15.3% |
| META Meta Platforms Inc. Class A | 3.00% | 16,579 | $10.9M | Add +1.5% |
| SAN Banco Santander SA-Spon ADR | 2.91% | 903,926 | $10.6M | Reduce -34.4% |
| REZI Resideo Technologies Inc. | 2.89% | 300,098 | $10.5M | Reduce -20.9% |
| GPN Global Payments Inc. | 2.89% | 136,140 | $10.5M | Reduce -0.3% |
| COMP Compass Inc. Class A | 2.85% | 981,344 | $10.4M | Add +17.3% |
| THC Tenet Healthcare Corp. | 2.80% | 51,326 | $10.2M | Add +0.2% |
| MHO M/I Homes Inc. | 2.70% | 76,976 | $9.8M | Reduce -0.0% |
| HALO Halozyme Therapeutics Inc. | 2.66% | 144,240 | $9.7M | Add +1.2% |
| MU Micron Technology Inc. | 2.61% | 33,282 | $9.5M | Add +0.1% |
| GPOR Gulfport Energy Corp. | 2.60% | 45,553 | $9.5M | Reduce -0.3% |
| TIPT Tiptree Inc. | 2.48% | 493,854 | $9.0M | Add +24.6% |
| TMHC Taylor Morrison Home Corp. | 2.41% | 149,343 | $8.8M | Add +0.8% |
| PRTH Priority Technology Holdings | 2.36% | 1,576,734 | $8.6M | Add +13.5% |
| TSM Taiwan Semiconductor-SP ADR | 2.33% | 27,896 | $8.5M | Reduce -0.7% |
| DELL Dell Technologies -C | 2.13% | 61,803 | $7.8M | Reduce -7.2% |
| TLN Talen Energy Corp. | 2.11% | 20,543 | $7.7M | Add +31.0% |
| TMUS T-Mobile US Inc. | 2.08% | 37,414 | $7.6M | Add +0.8% |
| MSFT Microsoft Corp. | 1.99% | 15,004 | $7.3M | Add +0.8% |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 1.93% | 18,070 | $7.0M | Reduce -0.2% |
| VCTR Victory Capital Holding - A | 1.85% | 106,933 | $6.7M | Add +0.7% |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 1.75% | 330,629 | $6.4M | Add +1.5% |
| ARES Ares Management Corp. Class A | 1.74% | 39,292 | $6.4M | New |
| PPLI People Inc. filed as IAC INC | 1.72% | 159,897 | $6.3M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 1.56% | 24,613 | $5.7M | Add +1.5% |
| HNRG Hallador Energy Co. | 1.53% | 292,029 | $5.6M | Reduce -0.3% |
| SN Sharkninja Inc. | 1.51% | 49,109 | $5.5M | Add +2.4% |
| SLM SLM Corp. | 1.36% | 183,142 | $5.0M | Reduce -0.7% |
| CRH CRH PLC | 1.19% | 34,857 | $4.4M | Add +0.8% |
| DAL Delta Air Lines Inc. | 1.14% | 59,680 | $4.1M | Reduce -0.3% |
| NVDA Nvidia Corp. | 1.01% | 19,644 | $3.7M | New |
| TDG Transdigm Group Inc. | 1.00% | 2,749 | $3.7M | Reduce -0.4% |
| CWAN Clearwater Analytics HDS-A | 0.97% | 147,349 | $3.6M | New |
| LOW Lowe's Cos Inc. | 0.97% | 14,714 | $3.5M | Add +0.8% |
| BX Blackstone Inc. | 0.93% | 21,942 | $3.4M | Add +0.8% |
| MED Medifast Inc. | 0.81% | 276,414 | $3.0M | New |
| LAD Lithia Motors Inc. | 0.81% | 8,867 | $2.9M | Add +1.3% |
| NRG NRG Energy Inc. | 0.81% | 18,449 | $2.9M | Reduce -0.2% |
| VST Vistra Corp. | 0.80% | 18,068 | $2.9M | Reduce -0.3% |
| ACGL Arch Capital Group Ltd. | 0.79% | 30,110 | $2.9M | Reduce -33.8% |
| CORZ Core Scientific Inc. | 0.78% | 196,433 | $2.9M | New |
| CI The Cigna Group | 0.70% | 9,290 | $2.6M | Add +0.2% |
| RHLD Resolute Holdings Manag | 0.60% | 10,547 | $2.2M | New |
| GFF Griffon Corp. | 0.55% | 26,983 | $2.0M | Reduce -0.4% |
| RDN Radian Group Inc. | 0.48% | 48,528 | $1.7M | Reduce -1.5% |
| EQH Equitable Holdings Inc. | 0.46% | 34,842 | $1.7M | Reduce -81.2% |
| TRIP Tripadvisor Inc. | 0.37% | 92,997 | $1.4M | Reduce -0.1% |
| JD Jd.com Inc.-ADR | 0.35% | 44,250 | $1.3M | Reduce -0.1% |
| TDAY USA Today Co. Inc. | 0.35% | 245,542 | $1.3M | New |
| BABA Alibaba Group Holding-SP ADR | 0.32% | 7,912 | $1.2M | Add +0.2% |
| OSUR Orasure Technologies Inc. | 0.27% | 400,000 | $968K | Reduce -70.4% |
| APO Apollo Global Management Inc. | 0.22% | 5,461 | $791K | Reduce -93.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.21% | 1 | $755K | No change |
| FISV Fiserv Inc. | 0.10% | 5,275 | $354K | Add +5.5% |
| SARO Standardaero Inc. | 0.07% | 8,868 | $254K | Add +1.1% |
Portfolio Sells Q3 2025 → Q4 2025
| APO Apollo Global Management Inc. | Reduce -93.4% | 0.22% | −2.68 |
| EQH Equitable Holdings Inc. | Reduce -81.2% | 0.46% | −2.00 |
| PM Philip Morris International | Sold out | 0.00% | −1.88 |
| REZI Resideo Technologies Inc. | Reduce -20.9% | 2.89% | −1.39 |
| OSUR Orasure Technologies Inc. | Reduce -70.4% | 0.27% | −0.87 |
| SAN Banco Santander SA-Spon ADR | Reduce -34.4% | 2.91% | −0.86 |
| GRSD Grandstand Ltd. | Sold out | 0.00% | −0.78 |
| THS Treehouse Foods Inc. | Sold out | 0.00% | −0.52 |
| PSFE Paysafe Ltd. | Sold out | 0.00% | −0.39 |
| HOV Hovnanian Enterprises-A | Sold out | 0.00% | −0.38 |
| DELL Dell Technologies -C | Reduce -7.2% | 2.13% | −0.33 |
| ACGL Arch Capital Group Ltd. | Reduce -33.8% | 0.79% | −0.29 |
| AVGO Broadcom Inc. | Reduce -15.3% | 3.39% | −0.25 |
| MHO M/I Homes Inc. | Reduce -0.0% | 2.70% | −0.20 |
| KSPI JSC Kaspi.kz ADR | Sold out | 0.00% | −0.18 |
| VST Vistra Corp. | Reduce -0.3% | 0.80% | −0.13 |
| NRDS Nerdwallet Inc. Class A | Sold out | 0.00% | −0.11 |
| GPN Global Payments Inc. | Reduce -0.3% | 2.89% | −0.07 |
| JD Jd.com Inc.-ADR | Reduce -0.1% | 0.35% | −0.06 |
| TRIP Tripadvisor Inc. | Reduce -0.1% | 0.37% | −0.02 |
| GFF Griffon Corp. | Reduce -0.4% | 0.55% | +0.01 |
| RDN Radian Group Inc. | Reduce -1.5% | 0.48% | +0.01 |
| NRG NRG Energy Inc. | Reduce -0.2% | 0.81% | +0.02 |
| SLM SLM Corp. | Reduce -0.7% | 1.36% | +0.03 |
| HNRG Hallador Energy Co. | Reduce -0.3% | 1.53% | +0.03 |
| IESC Ies Holdings Inc. | Reduce -0.2% | 1.93% | +0.05 |
| TDG Transdigm Group Inc. | Reduce -0.4% | 1.00% | +0.05 |
| ACMR Acm Research Inc. Class A | Reduce -4.0% | 5.46% | +0.09 |
| DAL Delta Air Lines Inc. | Reduce -0.3% | 1.14% | +0.25 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.7% | 2.33% | +0.28 |
| PPLI People Inc. | Reduce -0.2% | 1.72% | +0.29 |
| GPOR Gulfport Energy Corp. | Reduce -0.3% | 2.60% | +0.44 |
| AER Aercap Holdings NV | Reduce -9.6% | 3.95% | +0.45 |
| CENX Century Aluminum Company | Reduce -10.2% | 4.56% | +0.93 |
Portfolio Buys Q3 2025 → Q4 2025
| ARES Ares Management Corp. Class A | New | 1.74% | +1.74 |
| GOOG Alphabet Inc. Class C | Add +1.5% | 4.88% | +1.33 |
| MU Micron Technology Inc. | Add +0.1% | 2.61% | +1.15 |
| COMP Compass Inc. Class A | Add +17.3% | 2.85% | +1.09 |
| NVDA Nvidia Corp. | New | 1.01% | +1.01 |
| CWAN Clearwater Analytics HDS-A | New | 0.97% | +0.97 |
| MED Medifast Inc. | New | 0.81% | +0.81 |
| CORZ Core Scientific Inc. | New | 0.78% | +0.78 |
| RHLD Resolute Holdings Manag | New | 0.60% | +0.60 |
| TIPT Tiptree Inc. | Add +24.6% | 2.48% | +0.49 |
| TLN Talen Energy Corp. | Add +31.0% | 2.11% | +0.37 |
| TDAY USA Today Co. Inc. | New | 0.35% | +0.35 |
| SN Sharkninja Inc. | Add +2.4% | 1.51% | +0.21 |
| AMZN Amazon.com Inc. | Add +1.5% | 1.56% | +0.17 |
| CRH CRH PLC | Add +0.8% | 1.19% | +0.11 |
| LAD Lithia Motors Inc. | Add +1.3% | 0.81% | +0.09 |
| THC Tenet Healthcare Corp. | Add +0.2% | 2.80% | +0.08 |
| VCTR Victory Capital Holding - A | Add +0.7% | 1.85% | +0.05 |
| LOW Lowe's Cos Inc. | Add +0.8% | 0.97% | +0.01 |
| SARO Standardaero Inc. | Add +1.1% | 0.07% | +0.01 |
| CI The Cigna Group | Add +0.2% | 0.70% | +0.00 |
| GPGI Gpgi Inc. | Add +1.5% | 1.75% | −0.02 |
| MSFT Microsoft Corp. | Add +0.8% | 1.99% | −0.02 |
| BX Blackstone Inc. | Add +0.8% | 0.93% | −0.04 |
| BABA Alibaba Group Holding-SP ADR | Add +0.2% | 0.32% | −0.05 |
| HALO Halozyme Therapeutics Inc. | Add +1.2% | 2.66% | −0.07 |
| FISV Fiserv Inc. | Add +5.5% | 0.10% | −0.07 |
| META Meta Platforms Inc. Class A | Add +1.5% | 3.00% | −0.13 |
| PRTH Priority Technology Holdings | Add +13.5% | 2.36% | −0.14 |
| TMHC Taylor Morrison Home Corp. | Add +0.8% | 2.41% | −0.14 |
| TMUS T-Mobile US Inc. | Add +0.8% | 2.08% | −0.24 |
Notes & Other Activity Q3 2025 → Q4 2025
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | Sold out | 120,980 | $1.5Mbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 59 | $467.6M | ACMR, GOOG, AVGO, MU, AER |
| Q1 2026 | 56 | $402.5M | GOOG, CRC, CENX, AVGO, ZM |
| Q4 2025 | 59 | $364.5M | ACMR, GOOG, CENX, AER, AVGO |
| Q3 2025 | 59 | $382.6M | ACMR, REZI, SAN, AVGO, CENX |
| Q2 2025 | 57 | $350.0M | ACMR, PRTH, AER, META, APO |
| Q1 2025 | 54 | $329.9M | PRTH, GOOG, FISV, APO, AVGO |
| Q4 2024 | 55 | $322.3M | GPGI, APO, GOOG, AVGO, META |
| Q3 2024 | 48 | $316.1M | GPGI, APO, ACMR, META, GOOG |
| Q2 2024 | 41 | $272.5M | GOOG, WFRD, META, ACMR, APO |
| Q1 2024 | 37 | $290.3M | WFRD, ACMR, GOOG, META, AVGO |