MSD Partners, L.P.
NEW YORK, NY
$77m in 9 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 29.3% of the portfolio this quarter.
Value
$77m
Stocks
9
Top 10 share
100.0%
Turnover
29.3%
What changed this quarter
New
Bought for the first time this quarter.
- Azul S AAZUL13.4% of the fund
- Office Properties Income TrustOPI0.2% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- Lindblad Expeditions HoldingsLIND12.8% of the fund-79%
Sold out
Sold their entire stake.
- Emerald Holding-100%
Holdings
- Azul S AAZUL
- Share
- 13.4%
- Value
- $10m
- Shares
- 1,147,091
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Oddity TechODD | 35.1% | $27m | 1,781,661 | Held |
| ReNew Energy GlobalRNW | 17.0% | $13m | 2,091,480 | Held |
| Xponential FitnessXPOF | 14.9% | $11m | 1,655,390 | Held |
| Azul S AAZUL | 13.4% | $10m | 1,147,091 | New |
| Lindblad Expeditions HoldingsLIND | 12.8% | $10m | 347,234 | -79% |
| SafeholdSAFE | 4.6% | $3m | 222,644 | Held |
| ServiceTitanTTAN | 1.7% | $1m | 18,388 | Held |
| Office Properties Income TrustOPI | 0.2% | $182,019 | 10,707 | New |
| TriSalus Life SciencesTLSI | 0.2% | $181,995 | 39,999 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 55.4% since 30 June 2025.
Where the money is
Materials35.1%
Utilities17.0%
Retail & consumer14.9%
Industrials12.8%
Real estate4.8%
Technology1.7%
Health care0.2%
Other13.4%
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.