Ampersand Capital Group, L.P.
BURLINGAME, CA
$222m in 7 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 7.8% of the portfolio this quarter.
Value
$222m
Stocks
7
Top 10 share
100.0%
Turnover
7.8%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
- Global-E OnlineGLBE21.7% of the fund+10%
- MercadoLibreMELI20.2% of the fund+29%
- DoorDashDASH16.4% of the fund+43%
- Axon EnterpriseAXON12.8% of the fund+5%
- ShopifySHOP11.0% of the fund+7%
- PTCPTC10.9% of the fund+6%
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
None this quarter.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Global-E OnlineGLBE | 21.7% | $48m | 1,387,274 | +10% |
| MercadoLibreMELI | 20.2% | $45m | 26,393 | +29% |
| DoorDashDASH | 16.4% | $36m | 197,379 | +43% |
| Axon EnterpriseAXON | 12.8% | $28m | 50,456 | +5% |
| ShopifySHOP | 11.0% | $24m | 212,763 | +7% |
| PTCPTC | 10.9% | $24m | 211,998 | +6% |
| Booking HoldingsBKNG | 7.0% | $16m | 87,625 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 10.3% since 30 June 2025.
Where the money is
Technology63.8%
Retail & consumer23.5%
Industrials12.8%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.