KPS Global Asset Management UK
London, X0files as KPS Global Asset Management UK Ltd
$620m in 4 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 4.1% of the portfolio this quarter.
Value
$620m
Stocks
4
Top 10 share
100.0%
Turnover
4.1%
What changed this quarter
New
Bought for the first time this quarter.
- CardlyticsCDLX<0.1% of the fund
Added
Bought more of a stock they already held.
- ServiceNowNOW12.4% of the fund+11%
Cut
Sold some of their stake.
- Spotify TechnologySPOT7.9% of the fund-29%
Sold out
Sold their entire stake.
- CardlyticsCDLX-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| CarvanaCVNA | 79.6% | $494m | 7,500,000 | Held |
| ServiceNowNOW | 12.4% | $77m | 775,000 | +11% |
| Spotify TechnologySPOT | 7.9% | $49m | 106,520 | -29% |
| CardlyticsCDLX | <0.1% | $547,255 | 121,883 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 17.6% since 30 June 2025.
Where the money is
Retail & consumer79.6%
Technology12.5%
Media & telecom7.9%
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.