GOODNOW INVESTMENT GROUP, LLC

Fundamental concentrated ★Highest signal CIK 1362255
League rank
#591
in Fundamental concentrated · #3199 overall
Long book
$912.9M
Q1 2026
Positions
29
Top-10 weight
73%
concentration
Last quarter
+12.2%
SPY +14.8%
Turnover
35%
of book per quarter

Strategy in plain words

auto-generated from filings

GOODNOW INVESTMENT GROUP, LLC is a concentrated fundamental stock-picker, running a $912.9M US long book across 29 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: CARVANA CO, GODADDY INC - CLASS A, MAPLEBEAR INC, EXPEDIA GROUP INC, CREDIT ACCEPTANCE CORP.

Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+5.1%
Q2 2024
+14.1%
Q3 2024
+11.2%
Q4 2024
-7.1%
Q1 2025
+20.1%
Q2 2025
+3.8%
Q3 2025
+3.3%
Q4 2025
-20.5%
Q1 2026
+12.2%

Sector allocation

Consumer discretionary
37%
Services media
19%
Industrials
18%
Technology
9%
Financials
9%
Other
7%
Healthcare
1%

Long book by quarter

$833.1M
Q1 2024
$864.1M
Q2 2024
$942.9M
Q3 2024
$1.02B
Q4 2024
$927.5M
Q1 2025
$1.07B
Q2 2025
$1.04B
Q3 2025
$1.07B
Q4 2025
$912.9M
Q1 2026

What does GOODNOW INVESTMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CVNA CARVANA COConsumer discretionary724.4K$227.7M24.9%+2.0%
GDDY GODADDY INC - CLASS ATechnology745.2K$61.6M6.7%+0.5%
CART MAPLEBEAR INCServices media1.4M$51.8M5.7%+0.4%
EXPE EXPEDIA GROUP INCIndustrials217.8K$50.3M5.5%-17.2%
CACC CREDIT ACCEPTANCE CORPFinancials116.4K$49.3M5.4%-0.4%
W WAYFAIR INC- CLASS AConsumer discretionary638.6K$48.0M5.3%+0.9%
SUNB SUNBELT RENTALS HOLDINGS INCServices media733.9K$47.8M5.2%New
APTV APTIV PLCIndustrials678.9K$47.1M5.2%-9.8%
SGI SOMNIGROUP INTERNATIONAL INCOther609.8K$45.1M4.9%-4.7%
FOUR SHIFT4 PAYMENTS INC-CLASS AServices media854.2K$37.4M4.1%+0.4%
CNM CORE & MAIN INC-CLASS AConsumer discretionary754.0K$37.2M4.1%-0.9%
APO APOLLO GLOBAL MANAGEMENT INCFinancials257.4K$28.7M3.1%+0.6%
DKS DICK'S SPORTING GOODS INCConsumer discretionary126.8K$25.1M2.8%New
IR INGERSOLL-RAND INCIndustrials308.4K$24.7M2.7%-10.3%
TDG TRANSDIGM GROUP INCIndustrials18.0K$20.9M2.3%+16.6%
GIL GILDAN ACTIVEWEAR INCOther300.7K$16.7M1.8%-12.6%
SN SHARKNINJA INCIndustrials148.2K$15.7M1.7%+0.4%
V VISA INC-CLASS A SHARESServices media43.7K$13.2M1.4%New
SPGI S&P GLOBAL INCServices media24.1K$10.2M1.1%New
ZBRA ZEBRA TECHNOLOGIES CORP-CL AIndustrials45.3K$9.5M1.0%+53.6%
IT GARTNER INCServices media59.4K$9.4M1.0%+22.7%
COO COOPER COS INC/THEHealthcare116.9K$8.4M0.9%New
VEEV VEEVA SYSTEMS INC-CLASS ATechnology35.7K$6.3M0.7%New
CARG CARGURUS INCTechnology171.8K$5.9M0.6%+0.5%
KVYO KLAVIYO INC-ATechnology293.1K$5.7M0.6%-21.8%
U UNITY SOFTWARE INCTechnology154.5K$3.4M0.4%New
DKNG DRAFTKINGS INC-CL AServices media122.4K$2.6M0.3%New
FTAI FTAI AVIATION LTDServices media7.5K$1.8M0.2%New
QXO QXO INCConsumer discretionary67.6K$1.3M0.1%-1.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202629$912.9M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202622$1.07B canonicalSEC ↗
Q3 202513F-HRNov 14, 202523$1.04B canonicalSEC ↗
Q2 202513F-HRAug 14, 202524$1.07B canonicalSEC ↗
Q1 202513F-HRMay 15, 202523$927.5M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202527$1.02B canonicalSEC ↗
Q3 202413F-HRNov 14, 202424$942.9M canonicalSEC ↗
Q2 202413F-HRAug 14, 202423$864.1M canonicalSEC ↗
Q1 202413F-HRMay 15, 202426$833.1M canonicalSEC ↗