HIGHLAND PEAK CAPITAL, LLC

The portfolio construction suggests a "barbell" or "focused value" approach, with the top three positions—SharkNinja, O-I Glass, and Silicon Motion Technology—accounting for nearly 55% of the total assets under management (AUM). With an average position size of roughly $19.3 million, the firm clearly prefers meaningful ownership in a select few companies rather than broad diversification, indicating confidence in their specific idiosyncratic theses.

2. Key Holdings

The portfolio is currently dominated by a mix of consumer goods, cyclicals, and technology, with the top nine positions comprising the entirety of the reported value.