3G Capital Partners LP

Fundamental concentrated ★Signal CIK 1421669
League rank
#501
in Fundamental concentrated · #1943 overall
Long book
$281.7M
Q1 2026
Positions
10
Top-10 weight
100%
concentration
Last quarter
+14.3%
SPY +14.8%
Turnover
56%
of book per quarter

Strategy in plain words

auto-generated from filings

3G Capital Partners LP is a concentrated fundamental stock-picker, running a $281.7M US long book across 10 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: META PLATFORMS INC-CLASS A, CARVANA CO, APPLOVIN CORP-CLASS A, ALPHABET INC-CL A, MERCADOLIBRE INC.

Over the last 9 quarters its long book ran on average 1.9pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+6.2%
Q2 2024
+17.6%
Q3 2024
+12.5%
Q4 2024
-1.4%
Q1 2025
+21.4%
Q2 2025
+8.8%
Q3 2025
-0.7%
Q4 2025
-21.3%
Q1 2026
+14.3%

Sector allocation

Technology
61%
Consumer discretionary
27%
Services media
12%

Long book by quarter

$238.1M
Q1 2024
$260.0M
Q2 2024
$296.5M
Q3 2024
$348.7M
Q4 2024
$348.2M
Q1 2025
$407.4M
Q2 2025
$422.0M
Q3 2025
$424.1M
Q4 2025
$281.7M
Q1 2026

What does 3G Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
META META PLATFORMS INC-CLASS ATechnology105.0K$60.1M21.3%+16.7%
CVNA CARVANA COConsumer discretionary137.5K$43.2M15.3%-8.3%
APP APPLOVIN CORP-CLASS ATechnology95.0K$37.8M13.4%Held
GOOGL ALPHABET INC-CL ATechnology112.5K$32.4M11.5%+40.6%
MELI MERCADOLIBRE INCServices media17.5K$30.3M10.7%-30.0%
AMZN AMAZON.COM INCConsumer discretionary125.0K$26.0M9.2%-3.8%
ADI ANALOG DEVICES INCTechnology40.0K$12.7M4.5%New
AMAT APPLIED MATERIALS INCTechnology35.0K$12.0M4.2%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202610$281.7M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202613$424.1M canonicalSEC ↗
Q3 202513F-HRNov 14, 202516$422.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 202511$407.4M canonicalSEC ↗
Q1 202513F-HRMay 15, 202516$348.2M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202516$348.7M canonicalSEC ↗
Q3 202413F-HRNov 14, 202413$296.5M canonicalSEC ↗
Q2 202413F-HRAug 14, 202414$260.0M canonicalSEC ↗
Q1 202413F-HRMay 15, 202410$238.1M canonicalSEC ↗