13F Insight
DOSSIER · 13F-HR · Q2 2026

Crow's Nest Holdings LP

$331M in tracked AUM across 11 positions as of Q2 2026.

CN
CIK 0001898772 · last filed Jun 30, 2026
Total AUM
$331M
as of Q2 2026
Holdings
11
—
positions
Whale Score
69
69
tracked
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Based on the SEC 13F filing for Crow's Nest Holdings LP for the period ending September 30, 2025, here is a comprehensive financial analysis.

1. Portfolio Overview

Crow's Nest Holdings LP has undergone a significant transformation in the third quarter of 2025, characterized by aggressive capital deployment and portfolio consolidation. The total portfolio value decreased by 51.0%, dropping from $453.50 million to $222.26 million. This drastic reduction in assets under management (AUM) is not...

The fund has shifted from a moderately diversified portfolio to an extremely concentrated strategy. With only 5 holdings remaining, the fund demonstrates a high-conviction approach. The portfolio is heavily top-heavy, with the largest position (Ensign Group) accounting for over a third of total assets (33.59%), and the top three positions comprising nearly 74% of the portfolio. This structure indicates a preference for specific idiosyncratic winners over broad market exposure.

2. Key Holdings

The portfolio is dominated by five distinct positions, each representing a significant capital allocation:

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
TSM
TAIWAN SEMICONDUCTOR MFG ADS LTD ADS 1ADS EQUALS 5ORDS
$88M185K26.7%02
AMZN
AMAZON COM INC
$42M175K12.6%03
ENSG
ENSIGN GROUP, INC. (THE) CMN
$37M230K11.2%04
GOOG
ALPHABET INC
$30M85K9.0%05
LPX
LOUISIANA PACIF
$25M320K7.6%06
META
META PLATFORMS INC
$24M42K7.2%07
FERG
FERGUSON ENTERPRISES INC
$18M76K5.5%08
TDG
TRANSDIGM GROUP INC
$18M13K5.3%09
SUNB
SUNBELT RENTALS HOLDINGS INC
$17M225K5.1%10
N07059210
ASML HOLDING N.V. NEW YORK REGISTRY SHAR
$17M8K5.0%

Filing history

2026Q2Jun 30
$331M▼ 22.7%
11 positionsView →2026Q1Mar 31
$428M▼ 2.6%
11 positionsView →2025Q4Dec 31
$439M▲ 97.6%
9 positionsView →2025Q3Sep 30
$222M▼ 51.0%
5 positionsLocked2025Q2Jun 30
$453M▲ 199.3%
9 positionsLocked2025Q1Mar 31
$151M▼ 68.0%
4 positionsLocked2024Q4Dec 31
$474M▼ 12.5%
9 positionsLocked2024Q3Sep 30
$542M▲ 21.8%
9 positionsLocked2024Q2Jun 30
$445M▼ 14.3%
8 positionsLocked2024Q1Mar 31
$519M▲ 15.7%
10 positionsLocked2023Q4Dec 31
$449M▲ 14.1%
9 positionsLocked2023Q3Sep 30
$393M▼ 6.8%
9 positionsLocked
Showing 12 of 19