Boundary Creek Advisors LP
Long book
$15.3M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+68.5%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsBoundary Creek Advisors LP is a concentrated fundamental stock-picker, specialised in industrials (100% of the long book), running a $15.3M 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: GLOBAL BUSINESS TRAVEL GROUP.
Over the last 9 quarters its long book ran on average 3.8pp per quarter ahead of the S&P 500, beating the index in 3 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
-9.5%
Q2 2024
+2.8%
Q3 2024
-6.2%
Q4 2024
-10.9%
Q1 2025
+28.2%
Q2 2025
+33.8%
Q3 2025
-5.3%
Q4 2025
-27.1%
Q1 2026
+68.5%
Sector allocation
Industrials 100%
Long book by quarter
What does Boundary Creek own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GBTG GLOBAL BUSINESS TRAVEL GROUP | Industrials | 2.7M | $15.3M | 100.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 1 | $15.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 1 | $20.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 1 | $22.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 8 | $456.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 16, 2025 | 20 | $375.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 32 | $1.53B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 8, 2024 | 25 | $1.29B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 29 | $1.09B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 31 | $1.66B | canonical | SEC ↗ |