Freshford Capital Management, LLC

Fundamental concentrated ★Signal CIK 1459270
League rank
#129
in Fundamental concentrated · #195 overall
Long book
$200.2M
Q1 2026
Positions
19
Top-10 weight
73%
concentration
Last quarter
+30.4%
SPY +14.8%
Turnover
46%
of book per quarter

Strategy in plain words

auto-generated from filings

Freshford Capital Management, LLC is a concentrated fundamental stock-picker, running a $200.2M US long book across 19 positions.

The portfolio is concentrated: the top 10 names carry 73% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: FAIR ISAAC CORP, AMAZON.COM INC, CANADIAN PACIFIC KANSAS CITY, 10X GENOMICS INC-CLASS A, APPLOVIN CORP-CLASS A.

Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 2 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
-3.3%
Q2 2024
+4.6%
Q3 2024
+0.2%
Q4 2024
-8.1%
Q1 2025
+11.6%
Q2 2025
+7.8%
Q3 2025
-2.8%
Q4 2025
-10.5%
Q1 2026
+30.4%

Sector allocation

Technology
37%
Services media
24%
Healthcare
19%
Consumer discretionary
9%
Industrials
9%
Utilities
2%

Long book by quarter

$582.0M
Q1 2024
$531.2M
Q2 2024
$318.6M
Q3 2024
$341.1M
Q4 2024
$360.5M
Q1 2025
$413.5M
Q2 2025
$346.9M
Q3 2025
$249.3M
Q4 2025
$200.2M
Q1 2026

What does Freshford Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
FICO FAIR ISAAC CORPServices media25.4K$27.2M13.6%+37.5%
AMZN AMAZON.COM INCConsumer discretionary87.3K$18.2M9.1%-1.0%
CP CANADIAN PACIFIC KANSAS CITYIndustrials189.7K$14.9M7.5%+71.1%
TXG 10X GENOMICS INC-CLASS AHealthcare673.0K$14.3M7.1%-19.2%
APP APPLOVIN CORP-CLASS ATechnology32.7K$13.0M6.5%-23.6%
TWST TWIST BIOSCIENCE CORPHealthcare259.0K$12.3M6.1%-38.4%
UBER UBER TECHNOLOGIES INCServices media168.0K$12.1M6.0%+3835.8%
TTWO TAKE-TWO INTERACTIVE SOFTWRETechnology58.6K$11.6M5.8%New
MRCY MERCURY SYSTEMS INCTechnology154.1K$11.2M5.6%-15.5%
CACI CACI INTERNATIONAL INC -CL ATechnology20.1K$10.9M5.5%-20.7%
GOOGL ALPHABET INC-CL ATechnology37.3K$10.7M5.4%-56.5%
IQV IQVIA HOLDINGS INCHealthcare56.4K$9.6M4.8%+42.2%
GDDY GODADDY INC - CLASS ATechnology108.7K$9.0M4.5%-23.4%
BATRK ATLANTA BRAVES HOLDINGS IN-CServices media190.8K$8.1M4.1%-46.9%
VERX VERTEX INC - CLASS ATechnology565.5K$6.7M3.4%New
NEXT NEXTDECADE CORPUtilities551.1K$4.2M2.1%New
SARO STANDARDAERO INCIndustrials100.0K$2.6M1.3%New
STAA STAAR SURGICAL COHealthcare125.0K$2.3M1.2%New
NSP INSPERITY INCServices media45.1K$1.2M0.6%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202653$200.2M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202651$249.3M canonicalSEC ↗
Q3 202513F-HRNov 14, 202556$363.3M canonicalSEC ↗
Q2 202513F-HRAug 14, 202560$431.6M canonicalSEC ↗
Q1 202513F-HRMay 14, 202551$367.3M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202548$350.7M canonicalSEC ↗
Q3 202413F-HRNov 14, 202430$320.1M canonicalSEC ↗
Q2 202413F-HRAug 14, 202445$567.9M canonicalSEC ↗
Q1 202413F-HRMay 15, 202457$672.2M canonicalSEC ↗