Affinity Partners GP LP
Long book
$634.8M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
-16.5%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsAffinity Partners GP LP is a diversified fundamental manager, specialised in consumer_discretionary (100% of the long book), running a $634.8M US long book across 1 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: QXO INC.
Over the last 6 quarters its long book ran on average 1.6pp per quarter behind the S&P 500, beating the index in 2 of 6 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
Q4 2024
-14.8%
Q1 2025
+59.1%
Q2 2025
-11.5%
Q3 2025
+1.2%
Q4 2025
+0.7%
Q1 2026
-16.5%
Sector allocation
Consumer discretionary 100%
Long book by quarter
What does Affinity Partners own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| QXO QXO INC | Consumer discretionary | 32.7M | $634.8M | 100.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 2 | $634.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 2 | $630.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 2 | $622.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 2 | $703.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 1 | $222.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Mar 7, 2025 | 1 | $260.9M | canonical | SEC ↗ |