EMINENCE CAPITAL, LP

Fundamental diversified ★Signal CIK 1107310
League rank
#186
in Fundamental diversified · #778 overall
Long book
$4.36B
Q1 2026
Positions
33
Top-10 weight
56%
concentration
Last quarter
+18.3%
SPY +14.8%
Turnover
47%
of book per quarter

Strategy in plain words

auto-generated from filings

EMINENCE CAPITAL, LP is a diversified fundamental manager, running a $4.36B US long book across 33 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: SEA LTD-ADR, AMAZON.COM INC, PERFORMANCE FOOD GROUP CO, COUPANG INC, ADVANCED MICRO DEVICES.

Over the last 9 quarters its long book ran on average 2.6pp per quarter behind 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
-2.5%
Q2 2024
+9.9%
Q3 2024
-0.4%
Q4 2024
-1.4%
Q1 2025
+8.8%
Q2 2025
+6.3%
Q3 2025
-4.7%
Q4 2025
-17.4%
Q1 2026
+18.3%

Sector allocation

Consumer discretionary
35%
Technology
25%
Other
10%
Services media
9%
Healthcare
7%
Communications
4%
Energy
4%
Financials
3%

Long book by quarter

$5.45B
Q1 2024
$6.20B
Q2 2024
$6.59B
Q3 2024
$6.54B
Q4 2024
$5.98B
Q1 2025
$6.79B
Q2 2025
$6.80B
Q3 2025
$6.32B
Q4 2025
$4.36B
Q1 2026

What does EMINENCE CAPITAL, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AMZN AMAZON.COM INCConsumer discretionary1.5M$321.5M7.4%+4.6%
PFGC PERFORMANCE FOOD GROUP COConsumer discretionary3.7M$318.6M7.3%+40.5%
CPNG COUPANG INCConsumer discretionary15.5M$292.8M6.7%+22.7%
AMD ADVANCED MICRO DEVICESTechnology1.2M$239.4M5.5%+21.5%
DT DYNATRACE INCTechnology5.3M$196.2M4.5%+17.2%
ABG ASBURY AUTOMOTIVE GROUPConsumer discretionary956.1K$186.8M4.3%+3.2%
LPX LOUISIANA-PACIFIC CORPOther2.5M$184.3M4.2%-37.4%
SNPS SYNOPSYS INCTechnology449.2K$178.1M4.1%+80.2%
FWONK LIBERTY MEDIA CORP-FORMULA-CCommunications2.0M$168.6M3.9%+4.6%
FERG FERGUSON ENTERPRISES INCConsumer discretionary645.8K$150.6M3.5%+29.2%
WK WORKIVA INCTechnology2.5M$150.3M3.4%-32.0%
THC TENET HEALTHCARE CORPHealthcare790.3K$149.1M3.4%+28.7%
VVV VALVOLINE INCEnergy4.4M$149.0M3.4%+5.1%
Z ZILLOW GROUP INC - CServices media3.4M$142.6M3.3%+64.6%
SGI SOMNIGROUP INTERNATIONAL INCOther1.5M$111.8M2.6%+382.2%
DHR DANAHER CORPTechnology561.2K$106.4M2.4%New
MDLN MEDLINE INC-CL AHealthcare2.3M$101.4M2.3%+51.4%
MTN VAIL RESORTS INCServices media714.1K$91.6M2.1%New
MGRC MCGRATH RENTCORPServices media805.8K$88.9M2.0%-15.1%
ATMU ATMUS FILTRATION TECHNOLOGIEIndustrials1.3M$72.8M1.7%-66.5%
AON AON PLC-CLASS AFinancials179.0K$57.8M1.3%New
MRSH MARSH & MCLENNAN COSFinancials320.4K$55.6M1.3%New
EL ESTEE LAUDER COMPANIES-CL AOther698.4K$50.1M1.1%New
PPB FLUTTER ENTERTAINMENT PLC-DI483.9K$49.3M1.1%+511.4%
MDB MONGODB INCTechnology163.0K$39.9M0.9%+4.6%
CWH CAMPING WORLD HOLDINGS INC-AConsumer discretionary5.8M$39.8M0.9%+0.9%
PLAY DAVE & BUSTER'S ENTERTAINMENConsumer discretionary2.3M$25.4M0.6%Held
RRR RED ROCK RESORTS INC-CLASS AServices media414.5K$22.1M0.5%-74.3%
MNDY MONDAY.COM LTDTechnology248.1K$17.1M0.4%New
U UNITY SOFTWARE INCTechnology724.8K$15.9M0.4%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202633$4.36B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202639$6.32B canonicalSEC ↗
Q3 202513F-HRNov 14, 202546$8.25B canonicalSEC ↗
Q2 202513F-HRAug 14, 202547$8.31B canonicalSEC ↗
Q1 202513F-HRMay 15, 202547$5.98B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202552$6.54B canonicalSEC ↗
Q3 202413F-HRNov 14, 202450$7.10B canonicalSEC ↗
Q2 202413F-HRAug 14, 202456$6.20B canonicalSEC ↗
Q1 202413F-HRMay 15, 202461$7.06B canonicalSEC ↗