Metavasi Capital LP

Fundamental concentrated ★Signal CIK 1864835
League rank
#35
in Fundamental concentrated · #42 overall
Long book
$168.0M
Q1 2026
Positions
20
Top-10 weight
73%
concentration
Last quarter
+50.6%
SPY +14.8%
Turnover
47%
of book per quarter

Strategy in plain words

auto-generated from filings

Metavasi Capital LP is a concentrated fundamental stock-picker, running a $168.0M US long book across 20 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: APPLOVIN CORP-CLASS A, DAVE INC, DOORDASH INC - A, TTM TECHNOLOGIES, SPHERE ENTERTAINMENT CO.

Over the last 9 quarters its long book ran on average 8.4pp per quarter ahead of the S&P 500, beating the index in 5 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
-2.6%
Q2 2024
+16.2%
Q3 2024
+23.5%
Q4 2024
-8.6%
Q1 2025
+36.9%
Q2 2025
+19.7%
Q3 2025
-5.7%
Q4 2025
-13.9%
Q1 2026
+50.6%

Sector allocation

Technology
25%
Services media
21%
Financials
19%
Communications
11%
Industrials
8%
Healthcare
7%
Consumer discretionary
5%
Real estate
5%

Long book by quarter

$161.7M
Q1 2024
$181.7M
Q2 2024
$190.6M
Q3 2024
$189.1M
Q4 2024
$157.5M
Q1 2025
$225.0M
Q2 2025
$281.8M
Q3 2025
$227.0M
Q4 2025
$168.0M
Q1 2026

What does Metavasi Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
APP APPLOVIN CORP-CLASS ATechnology61.2K$24.3M14.5%+118.9%
DAVE DAVE INCFinancials117.6K$20.5M12.2%+58.9%
DASH DOORDASH INC - AServices media82.1K$12.3M7.3%+61.0%
TTMI TTM TECHNOLOGIESTechnology122.3K$11.9M7.1%-28.6%
SPHR SPHERE ENTERTAINMENT COServices media98.1K$11.5M6.9%-55.0%
SPOT SPOTIFY TECHNOLOGY SACommunications22.7K$11.0M6.6%New
CVNA CARVANA COConsumer discretionary26.0K$8.2M4.9%+134.1%
BE BLOOM ENERGY CORP- AIndustrials58.0K$7.9M4.7%-43.1%
ECHO ECHOSTAR CORP-ACommunications66.0K$7.7M4.6%+46.7%
COMP COMPASS INC - CLASS AReal estate1.0M$7.6M4.5%-12.6%
HOOD ROBINHOOD MARKETS INC - AFinancials106.8K$7.4M4.4%Held
AKAM AKAMAI TECHNOLOGIES INCServices media51.8K$5.9M3.5%New
SN SHARKNINJA INCIndustrials54.2K$5.7M3.4%-12.9%
U UNITY SOFTWARE INCTechnology250.0K$5.5M3.3%+66.7%
XMTR XOMETRY INC-AServices media125.0K$5.1M3.0%+78.6%
TWST TWIST BIOSCIENCE CORPHealthcare100.0K$4.8M2.8%New
HIMS HIMS & HERS HEALTH INCHealthcare222.0K$4.6M2.7%New
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials279.5K$4.0M2.4%-50.0%
TALK TALKSPACE INCHealthcare382.3K$2.0M1.2%-85.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202621$276.3M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202627$245.4M canonicalSEC ↗
Q3 202513F-HRNov 14, 202535$331.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 202532$245.0M canonicalSEC ↗
Q1 202513F-HRMay 15, 202523$157.5M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202533$282.7M canonicalSEC ↗
Q3 202413F-HRNov 14, 202429$220.1M canonicalSEC ↗
Q2 202413F-HRAug 14, 202432$190.7M canonicalSEC ↗
Q1 202413F-HRMay 15, 202429$171.9M canonicalSEC ↗