WORLDLY PARTNERS MANAGEMENT, LLC

Key Holdings

The portfolio is dominated by a single mega-cap holding, Costco Wholesale Corporation (COST), which accounts for 96.49% of the total value ($77.42 million). The firm holds 84,000 shares. During the quarter, the firm reduced this position by 8.6%, selling approximately $13.18 million worth of shares. Despite this reduction, COST remains the overwhelming anchor of the strategy.

The second holding, Cardlytics Inc, represents a mere 3.51% of the portfolio ($2.81 million) with 1.16 million shares. This position is negligible in terms of portfolio impact compared to the Costco holding. The disparity between the two positions—roughly 96% vs. 4%—indicates that while the firm may maintain a "watch list" or small experimental position in smaller names like Cardlytics, the firm's performance and risk profile are almost entirely dependent on the performance of Costco.