Alta Park Capital, LP

Fundamental concentrated ★Signal CIK 1621855
League rank
#76
in Fundamental concentrated · #96 overall
Long book
$621.9M
Q1 2026
Positions
24
Top-10 weight
56%
concentration
Last quarter
+38.2%
SPY +14.8%
Turnover
47%
of book per quarter

Strategy in plain words

auto-generated from filings

Alta Park Capital, LP is a concentrated fundamental stock-picker, running a $621.9M US long book across 24 positions.

The portfolio is concentrated: the top 10 names carry 56% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NETFLIX INC, NU HOLDINGS LTD/CAYMAN ISL-A, APPLE INC, APPLIED MATERIALS INC, WESTERN DIGITAL CORP.

Over the last 9 quarters its long book ran on average 4.2pp 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
-0.3%
Q2 2024
+2.5%
Q3 2024
+5.0%
Q4 2024
-8.6%
Q1 2025
+17.6%
Q2 2025
+14.3%
Q3 2025
+3.9%
Q4 2025
+6.1%
Q1 2026
+38.2%

Sector allocation

Technology
58%
Services media
13%
Other
10%
Financials
7%
Industrials
4%
Real estate
4%
Communications
4%

Long book by quarter

$922.9M
Q1 2024
$762.4M
Q2 2024
$713.6M
Q3 2024
$764.2M
Q4 2024
$515.3M
Q1 2025
$811.1M
Q2 2025
$993.3M
Q3 2025
$831.1M
Q4 2025
$621.9M
Q1 2026

What does Alta Park own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NFLX NETFLIX INCServices media496.8K$47.8M7.7%+50.9%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials3.1M$44.4M7.1%-8.6%
AAPL APPLE INCTechnology147.0K$37.3M6.0%New
AMAT APPLIED MATERIALS INCTechnology101.5K$34.7M5.6%-17.7%
WDC WESTERN DIGITAL CORPTechnology126.6K$34.2M5.5%-67.8%
SNDK SANDISK CORPTechnology52.1K$33.1M5.3%-73.7%
NVDA NVIDIA CORPTechnology182.6K$31.8M5.1%-19.2%
ASML ASML HOLDING NV-NY REG SHSIndustrials21.1K$27.9M4.5%+16.2%
TER TERADYNE INCTechnology93.5K$27.7M4.5%-42.7%
TSEM TOWER SEMICONDUCTOR LTDTechnology151.7K$26.6M4.3%-8.5%
PANW PALO ALTO NETWORKS INCTechnology160.6K$25.7M4.1%+12.2%
COMP COMPASS INC - CLASS AReal estate3.4M$24.8M4.0%-5.8%
SPOT SPOTIFY TECHNOLOGY SACommunications47.8K$23.2M3.7%-7.9%
LITE LUMENTUM HOLDINGS INCTechnology32.1K$22.5M3.6%New
META META PLATFORMS INC-CLASS ATechnology39.3K$22.5M3.6%-24.9%
COHR COHERENT CORPOther94.1K$22.4M3.6%New
S SENTINELONE INC -CLASS ATechnology1.7M$21.3M3.4%+10.4%
ONTO ONTO INNOVATION INCOther101.7K$20.9M3.4%-17.0%
AVGO BROADCOM INCTechnology61.9K$19.2M3.1%+11.1%
LYV LIVE NATION ENTERTAINMENT INServices media120.2K$18.3M2.9%New
MIR MIRION TECHNOLOGIES INCOther977.1K$18.2M2.9%+73.7%
TWLO TWILIO INC - ATechnology118.0K$14.9M2.4%-16.0%
MELI MERCADOLIBRE INCServices media8.6K$14.8M2.4%+11.0%
NTSK NETSKOPE INC-CL ATechnology909.1K$7.7M1.2%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202625$641.7M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202634$831.1M canonicalSEC ↗
Q3 202513F-HRNov 14, 202540$1.14B canonicalSEC ↗
Q2 202513F-HRAug 14, 202532$881.1M canonicalSEC ↗
Q1 202513F-HRMay 15, 202521$515.3M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202534$764.2M canonicalSEC ↗
Q3 202413F-HRNov 14, 202434$786.6M canonicalSEC ↗
Q2 202413F-HRAug 14, 202429$802.0M canonicalSEC ↗
Q1 202413F-HRMay 15, 202437$995.3M canonicalSEC ↗

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