Two Creeks Capital Management, LP In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Two Creeks Capital Management, LP reported 13 stock positions worth $139.5 million . Its top holding was iShares MSCI Acwi ETF (ACWI) at 65.6% of the portfolio, followed by Floor & Decor Class A (FND, 7.3% ) and Visa Class A (V, 5.3% ). Compared with Q1 2026, it opened 1 new position, sold out of 9 and reduced 12. The biggest buy was a new position in iShares MSCI Acwi ETF (ACWI) and the biggest sale an exit from Danaher (DHR).
Location New York, NY
CIK 0001606430
Portfolio Value $139.5M (Q2 2026) Holdings 13 stocks · $139.5M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 ACWI iShares MSCI Acwi ETF 583,355 $91.6M New FND Floor & Decor Holdings Inc. Class A 172,479 $10.2M Reduce -85.1% V Visa Inc. Class A 21,377 $7.3M Reduce -90.3% TSM Taiwan Semiconductor-SP ADR 11,565 $5.5M Reduce -93.6% ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 2,526 $5.0M Reduce -92.3% HDB HDFC Bank Ltd.-ADR 155,400 $4.0M Reduce -72.8% TLN Talen Energy Corp. 10,394 $4.0M Reduce -95.4% UBER Uber Technologies Inc. 43,061 $3.1M Reduce -95.6% CMG Chipotle Mexican Grill Inc. 70,668 $2.4M Reduce -94.9% U Unity Software Inc. 65,563 $1.9M Reduce -96.7% WING Wingstop Inc. 10,533 $1.8M Reduce -93.9% GRAB Grab Holdings Ltd. Class A 386,481 $1.5M Reduce -95.7% ABNB Airbnb Inc. Class A 8,246 $1.2M Reduce -97.7%
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ DHR Danaher Corp. Sold out 0.00% −7.12 MSFT Microsoft Corp. Sold out 0.00% −6.20 ESE Esco Technologies Inc. Sold out 0.00% −5.38 UBER Uber Technologies Inc. Reduce -95.6% 2.23% −5.28 MIR Mirion Technologies Inc. Sold out 0.00% −4.81 MA Mastercard Inc. Class A Sold out 0.00% −4.78 PLNT Planet Fitness Inc. Class A Sold out 0.00% −4.74 TLN Talen Energy Corp. Reduce -95.4% 2.86% −4.71 ABNB Airbnb Inc. Class A Reduce -97.7% 0.85% −3.91 U Unity Software Inc. Reduce -96.7% 1.34% −3.25 CMG Chipotle Mexican Grill Inc. Reduce -94.9% 1.72% −2.97 TSM Taiwan Semiconductor-SP ADR Reduce -93.6% 3.96% −2.53 FCX Freeport-McMoran Inc. Sold out 0.00% −2.48 GRAB Grab Holdings Ltd. Class A Reduce -95.7% 1.04% −2.42 CNM Core & Main Inc. Class A Sold out 0.00% −2.12 V Visa Inc. Class A Reduce -90.3% 5.26% −1.79 WING Wingstop Inc. Reduce -93.9% 1.31% −1.52 RTO Rentokil Initial PLC-SP ADR Sold out 0.00% −1.11 ASML ASML Holding NV-NY Reg SHS Reduce -92.3% 3.60% −0.99 FND Floor & Decor Holdings Inc. Class A Reduce -85.1% 7.34% +1.11 HDB HDFC Bank Ltd.-ADR Reduce -72.8% 2.88% +1.38
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ ACWI iShares MSCI Acwi ETF New 65.62% +65.62
Options Activity Q1 2026 → Q2 2026 Security Type Change vs Q1 2026 Underlying Shares Value ▼ AAP Advance Auto Parts Inc. call Sold out 507,900 $26.8Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 13 $139.5M ACWI, FND, V, TSM, ASML Q1 2026 21 $947.0M TLN, UBER, DHR, V, TSM Q4 2025 26 $1.2B FND, V, MIR, CMG, DHR Q3 2025 25 $1.4B FND, CMG, ASML, MIR, UBER Q2 2025 25 $1.5B FND, TLN, UBER, FLUT, V Q1 2025 23 $1.6B FND, V, LOW, CMG, EQT Q4 2024 22 $1.6B V, FND, LOW, CRH, PLNT Q3 2024 18 $1.5B FND, LOW, V, PLNT, ABNB Q2 2024 18 $1.6B V, FND, LOW, CRH, ABNB Q1 2024 17 $1.7B V, FND, HDB, LOW, AZPN