Langdon Equity Partners
Long book
$133.6M
Q1 2026
Positions
11
Top-10 weight
100%
concentration
Last quarter
+17.6%
SPY +14.8%
Turnover
29%
of book per quarter
Strategy in plain words
auto-generated from filingsLangdon Equity Partners is a concentrated fundamental stock-picker, running a $133.6M US long book across 11 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: GOOSEHEAD INSURANCE INC -A, YETI HOLDINGS INC, KINSALE CAPITAL GROUP INC, CSW INDUSTRIALS INC, ESQUIRE FINANCIAL HOLDINGS I.
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
Q4 2025
-23.8%
Q1 2026
+17.6%
Sector allocation
Financials 60%
Other 32%
Technology 4%
Real estate 4%
Industrials 0%
Long book by quarter
What does Langdon Equity own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GSHD GOOSEHEAD INSURANCE INC -A | Financials | 889.5K | $37.9M | 28.4% | +71.1% |
| YETI YETI HOLDINGS INC | Other | 595.0K | $21.8M | 16.3% | -0.1% |
| KNSL KINSALE CAPITAL GROUP INC | Financials | 63.5K | $21.7M | 16.3% | -8.1% |
| CSW CSW INDUSTRIALS INC | Other | 79.3K | $20.7M | 15.5% | -3.6% |
| ESQ ESQUIRE FINANCIAL HOLDINGS I | Financials | 140.3K | $15.1M | 11.3% | +7.3% |
| APPF APPFOLIO INC - A | Technology | 35.3K | $5.6M | 4.2% | New |
| FSV FIRSTSERVICE CORP | Real estate | 40.0K | $5.6M | 4.2% | +300.0% |
| SKWD SKYWARD SPECIALTY INSURANCE | Financials | 119.8K | $5.2M | 3.9% | -60.5% |
| BOW BOWHEAD SPECIALTY HOLDINGS I | Financials | 1.0K | $23K | 0.0% | +15.9% |
| XPEL XPEL INC | Industrials | 486 | $22K | 0.0% | Held |
| RPC RIDGEPOST CAPITAL INC-A | Financials | 2.5K | $18K | 0.0% | Held |
13F filing history
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