Gavilan Investment Partners
BURLINGAME, CAfiles as Gavilan Investment Partners LLC
$411m in 15 US stocks at the end of 30 June 2026. The top 10 are 80.7% of the money. It changed about 12.1% of the portfolio this quarter.
Value
$411m
Stocks
15
Top 10 share
80.7%
Turnover
12.1%
What changed this quarter
New
Bought for the first time this quarter.
- Taiwan Semiconductor ManufacturingTSM8.8% of the fund
Added
Bought more of a stock they already held.
- Meta PlatformsMETA8.8% of the fund+6%
- MercadoLibreMELI8.6% of the fund+6%
- CarvanaCVNA7.9% of the fund+8%
- Spotify TechnologySPOT6.8% of the fund+23%
- MastercardMA6.7% of the fund+8%
Cut
Sold some of their stake.
- Amazon.comAMZN11.0% of the fund-17%
- Procore TechnologiesPCOR3.0% of the fund-21%
- Guidewire SoftwareGWRE2.8% of the fund-36%
Sold out
Sold their entire stake.
None this quarter.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Amazon.comAMZN | 11.0% | $45m | 190,000 | -17% |
| ASML Holding NVASML | 9.4% | $39m | 19,500 | Held |
| Meta PlatformsMETA | 8.8% | $36m | 64,500 | +6% |
| Taiwan Semiconductor ManufacturingTSM | 8.8% | $36m | 76,000 | New |
| MercadoLibreMELI | 8.6% | $35m | 20,700 | +6% |
| CarvanaCVNA | 7.9% | $33m | 495,000 | +8% |
| Spotify TechnologySPOT | 6.8% | $28m | 61,000 | +23% |
| MastercardMA | 6.7% | $27m | 53,500 | +8% |
| ShopifySHOP | 6.4% | $26m | 230,000 | Held |
| CoupangCPNG | 6.2% | $25m | 1,465,000 | Held |
| VisaV | 5.3% | $22m | 63,000 | Held |
| RobloxRBLX | 4.1% | $17m | 310,000 | Held |
| Uber TechnologiesUBER | 4.0% | $17m | 230,000 | Held |
| Procore TechnologiesPCOR | 3.0% | $12m | 305,000 | -21% |
| Guidewire SoftwareGWRE | 2.8% | $12m | 95,000 | -36% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 1.3% since 30 June 2025.
Where the money is
Technology33.7%
Retail & consumer25.2%
Media & telecom15.7%
Industrials13.5%
Financial services12.0%
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.