Estuary Capital Management LP
WAYZATA, MN
$589m in 21 US stocks at the end of 30 June 2026. The top 10 are 64.6% of the money. It changed about 56.3% of the portfolio this quarter.
Value
$589m
Stocks
21
Top 10 share
64.6%
Turnover
56.3%
What changed this quarter
New
Bought for the first time this quarter.
- Dollar GeneralDG6.4% of the fund
- Caci InternationalCACI6.3% of the fund
- CoupangCPNG6.2% of the fund
- Dollar TreeDLTR6.2% of the fund
- MonroMNRO4.3% of the fund
- Becton DickinsonBDX4.0% of the fund
- Remitly GlobalRELY3.8% of the fund
- Cooper CompaniesCOO3.1% of the fund
- BlackstoneBX2.5% of the fund
- FlywireFLYW1.1% of the fund
- BBB FoodsTBBB1.0% of the fund
Added
Bought more of a stock they already held.
- Global PaymentsGPN6.8% of the fund+16%
- ICF InternationalICFI6.7% of the fund+19%
- Blue Owl CapitalOWL6.6% of the fund+6%
- Ares ManagementARES6.6% of the fund+6%
- MicrosoftMSFT6.4% of the fund+85%
- KKRKKR4.3% of the fund+27%
Cut
Sold some of their stake.
- Advance Auto PartsAAP6.5% of the fund-9%
- Fox Factory HoldingFOXF4.8% of the fund-7%
- First AdvantageFA0.9% of the fund-47%
Sold out
Sold their entire stake.
- Credo Technology Group HoldingCRDO-100%
- OracleORCL-100%
- CoherentCOHR-100%
- Lumentum HoldingsLITE-100%
- Advanced Micro DevicesAMD-100%
- NvidiaNVDA-100%
- BroadcomAVGO-100%
- DaveDAVE-100%
- Meta PlatformsMETA-100%
- Amazon.comAMZN-100%
- Astera LabsALAB-100%
- U-Haul HoldingUHAL-B-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Global PaymentsGPN | 6.8% | $40m | 550,904 | +16% |
| ICF InternationalICFI | 6.7% | $39m | 539,069 | +19% |
| Blue Owl CapitalOWL | 6.6% | $39m | 4,435,135 | +6% |
| Ares ManagementARES | 6.6% | $39m | 347,115 | +6% |
| Advance Auto PartsAAP | 6.5% | $38m | 613,717 | -9% |
| Dollar GeneralDG | 6.4% | $38m | 328,830 | New |
| MicrosoftMSFT | 6.4% | $37m | 100,472 | +85% |
| Caci InternationalCACI | 6.3% | $37m | 80,672 | New |
| CoupangCPNG | 6.2% | $37m | 2,115,218 | New |
| Dollar TreeDLTR | 6.2% | $37m | 302,423 | New |
| Hinge HealthHNGE | 5.5% | $33m | 393,270 | Held |
| Fox Factory HoldingFOXF | 4.8% | $29m | 1,682,173 | -7% |
| MonroMNRO | 4.3% | $26m | 1,494,315 | New |
| KKRKKR | 4.3% | $25m | 275,738 | +27% |
| Becton DickinsonBDX | 4.0% | $23m | 155,263 | New |
| Remitly GlobalRELY | 3.8% | $22m | 996,184 | New |
| Cooper CompaniesCOO | 3.1% | $18m | 252,300 | New |
| BlackstoneBX | 2.5% | $15m | 127,400 | New |
| FlywireFLYW | 1.1% | $6m | 362,900 | New |
| BBB FoodsTBBB | 1.0% | $6m | 139,128 | New |
| First AdvantageFA | 0.9% | $5m | 294,286 | -47% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 14.9% since 30 June 2025.
Where the money is
Financial services26.8%
Retail & consumer21.9%
Technology17.7%
Everyday goods13.6%
Industrials13.0%
Health care7.1%
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.