Franchise GP Ltd

Fundamental concentrated ★Signal CIK 2083646
League rank
#914
in Fundamental concentrated · #7209 overall
Long book
$271.9M
Q1 2026
Positions
36
Top-10 weight
91%
concentration
Last quarter
+2.4%
SPY +14.8%
Turnover
42%
of book per quarter

Strategy in plain words

auto-generated from filings

Franchise GP Ltd is a concentrated fundamental stock-picker, running a $271.9M US long book across 36 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, PDD HOLDINGS INC, CIRCLE INTERNET GROUP INC, TAIWAN SEMICONDUCTOR-SP ADR, PETROLEO BRASILEIRO-SPON ADR.

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 2025
-6.5%
Q1 2026
+2.4%

Sector allocation

Technology
72%
Financials
27%
Healthcare
1%
Industrials
0%

Long book by quarter

$88.8M
Q4 2025
$271.9M
Q1 2026

What does Franchise GP own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology326.4K$56.9M20.9%+158.3%
CRCL CIRCLE INTERNET GROUP INCFinancials443.7K$42.3M15.6%+50901.5%
LITE LUMENTUM HOLDINGS INCTechnology19.1K$13.5M4.9%New
AVGO BROADCOM INCTechnology34.4K$10.6M3.9%New
GOOG ALPHABET INC-CL CTechnology31.7K$9.1M3.3%+82.9%
META META PLATFORMS INC-CLASS ATechnology8.6K$4.9M1.8%+39.7%
VRT VERTIV HOLDINGS CO-ATechnology12.6K$3.2M1.2%New
MU MICRON TECHNOLOGY INCTechnology8.3K$2.8M1.0%New
SNDK SANDISK CORPTechnology4.3K$2.7M1.0%New
AMD ADVANCED MICRO DEVICESTechnology10.5K$2.1M0.8%New
RBLX ROBLOX CORP -CLASS ATechnology30.0K$1.7M0.6%New
PLTR PALANTIR TECHNOLOGIES INC-ATechnology10.4K$1.5M0.6%New
TER TERADYNE INCTechnology5.0K$1.5M0.5%New
APH AMPHENOL CORP-CL ATechnology11.7K$1.5M0.5%New
LLY ELI LILLY & COHealthcare1.0K$920K0.3%New
PHM PULTEGROUP INCIndustrials2.0K$231K0.1%Held
DHI DR HORTON INCIndustrials1.1K$148K0.1%Held
APP APPLOVIN CORP-CLASS ATechnology277$110K0.0%New
BMNR BITMINE IMMERSION TECHNOLOGIFinancials4.4K$87K0.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 16, 202636$271.9M canonicalSEC ↗
Q4 202513F-HRJan 28, 202624$88.8M canonicalSEC ↗