H Squared Management LP
New York, NY
$156m in 15 US stocks at the end of 30 June 2026. The top 10 are 89.1% of the money. It changed about 23.9% of the portfolio this quarter.
Value
$156m
Stocks
15
Top 10 share
89.1%
Turnover
23.9%
What changed this quarter
New
Bought for the first time this quarter.
- CoupangCPNG2.6% of the fund
- WoodwardWWD2.3% of the fund
- DanaherDHR2.1% of the fund
- ON SemiconductorON1.2% of the fund
Added
Bought more of a stock they already held.
- Take TWO Interactive SoftwareTTWO13.1% of the fund+332%
- Post HoldingsPOST12.2% of the fund+8%
- Crown HoldingsCCK9.0% of the fund+22%
- TrexTREX5.0% of the fund+25%
- Liberty MediaFWONK4.5% of the fund+253%
- Floor & Decor HoldingsFND2.6% of the fund+78%
Cut
Sold some of their stake.
- ATIATI3.9% of the fund-14%
- Carpenter TechnologyCRS2.7% of the fund-22%
Sold out
Sold their entire stake.
- Guidewire SoftwareGWRE-100%
- AlphabetGOOGL-100%
- York Space SystemsYSS-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Taiwan Semiconductor ManufacturingTSM | 17.7% | $28m | 57,819 | Held |
| Amazon.comAMZN | 14.4% | $22m | 94,125 | Held |
| Take TWO Interactive SoftwareTTWO | 13.1% | $20m | 81,725 | +332% |
| Post HoldingsPOST | 12.2% | $19m | 216,387 | +8% |
| Crown HoldingsCCK | 9.0% | $14m | 125,286 | +22% |
| Hewlett Packard EnterpriseHPE | 6.6% | $10m | 228,461 | Held |
| TrexTREX | 5.0% | $8m | 155,200 | +25% |
| Liberty MediaFWONK | 4.5% | $7m | 74,284 | +253% |
| ATIATI | 3.9% | $6m | 31,200 | -14% |
| Carpenter TechnologyCRS | 2.7% | $4m | 6,900 | -22% |
| Floor & Decor HoldingsFND | 2.6% | $4m | 69,369 | +78% |
| CoupangCPNG | 2.6% | $4m | 234,000 | New |
| WoodwardWWD | 2.3% | $4m | 8,600 | New |
| DanaherDHR | 2.1% | $3m | 17,500 | New |
| ON SemiconductorON | 1.2% | $2m | 20,100 | New |
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 33.8% since 31 December 2025.
Where the money is
Technology25.5%
Retail & consumer19.6%
Media & telecom17.6%
Industrials14.0%
Everyday goods12.2%
Materials9.0%
Health care2.1%
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.