Islander Capital Partners, L.P.
SAN FRANCISCO, CA
$276m in 13 US stocks at the end of 30 June 2026. The top 10 are 93.2% of the money. It changed about 24.8% of the portfolio this quarter.
Value
$276m
Stocks
13
Top 10 share
93.2%
Turnover
24.8%
What changed this quarter
New
Bought for the first time this quarter.
- Madison Square Garden SportsMSGS6.4% of the fund
- Rivian AutomotiveRIVN2.3% of the fund
Added
Bought more of a stock they already held.
- Spotify TechnologySPOT17.9% of the fund+5%
- ShopifySHOP13.5% of the fund+66%
- KlaviyoKVYO7.6% of the fund+13%
- TransDigm GroupTDG7.0% of the fund+7%
- Liberty MediaFWONK3.5% of the fund+67%
Cut
Sold some of their stake.
- Affirm HoldingsAFRM15.6% of the fund-7%
- NetflixNFLX4.8% of the fund-7%
- Madison Square Garden EntertainmentMSGE1.8% of the fund-25%
Sold out
Sold their entire stake.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Spotify TechnologySPOT | 17.9% | $49m | 107,500 | +5% |
| Affirm HoldingsAFRM | 15.6% | $43m | 529,097 | -7% |
| Sphere EntertainmentSPHR | 13.8% | $38m | 220,028 | Held |
| ShopifySHOP | 13.5% | $37m | 326,000 | +66% |
| KlaviyoKVYO | 7.6% | $21m | 1,383,304 | +13% |
| TransDigm GroupTDG | 7.0% | $19m | 14,580 | +7% |
| Madison Square Garden SportsMSGS | 6.4% | $18m | 44,122 | New |
| NetflixNFLX | 4.8% | $13m | 185,828 | -7% |
| Liberty MediaFWONK | 3.5% | $10m | 100,000 | +67% |
| DoorDashDASH | 3.0% | $8m | 45,000 | Held |
| Amazon.comAMZN | 2.8% | $8m | 32,000 | Held |
| Rivian AutomotiveRIVN | 2.3% | $6m | 363,733 | New |
| Madison Square Garden EntertainmentMSGE | 1.8% | $5m | 60,000 | -25% |
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 24.3% since 31 December 2025.
Where the money is
Retail & consumer30.1%
Media & telecom26.2%
Technology21.1%
Financial services15.6%
Industrials7.0%
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.