Oakcliff Capital Partners, LP

Fundamental concentrated ★Highest signal CIK 1657335
League rank
#357
in Fundamental concentrated · #1011 overall
Long book
$226.6M
Q1 2026
Positions
8
Top-10 weight
100%
concentration
Last quarter
+14.1%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Oakcliff Capital Partners, LP is a concentrated fundamental stock-picker, running a $226.6M US long book across 8 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: INTERACTIVE BROKERS GRO-CL A, GILDAN ACTIVEWEAR INC, ALPHABET INC-CL C, TRANSDIGM GROUP INC, GUIDEWIRE SOFTWARE INC.

Over the last 9 quarters its long book ran on average 2.2pp per quarter ahead of the S&P 500, beating the index in 6 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
+5.8%
Q2 2024
+15.2%
Q3 2024
+5.0%
Q4 2024
-2.9%
Q1 2025
+12.7%
Q2 2025
+14.4%
Q3 2025
+1.2%
Q4 2025
-5.2%
Q1 2026
+14.1%

Sector allocation

Financials
31%
Technology
24%
Industrials
17%
Other
17%
Consumer discretionary
6%
Materials
5%

Long book by quarter

$166.9M
Q1 2024
$187.0M
Q2 2024
$198.9M
Q3 2024
$195.6M
Q4 2024
$189.8M
Q1 2025
$200.1M
Q2 2025
$231.7M
Q3 2025
$233.2M
Q4 2025
$226.6M
Q1 2026

What does Oakcliff Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
IBKR INTERACTIVE BROKERS GRO-CL AFinancials1.0M$69.1M30.5%Held
GIL GILDAN ACTIVEWEAR INCOther681.7K$37.9M16.7%Held
GOOG ALPHABET INC-CL CTechnology118.2K$33.9M15.0%Held
TDG TRANSDIGM GROUP INCIndustrials24.2K$28.0M12.4%Held
GWRE GUIDEWIRE SOFTWARE INCTechnology144.2K$21.6M9.5%+73.3%
SGU STAR GROUP LPConsumer discretionary1.1M$13.5M6.0%Held
NRP NATURAL RESOURCE PARTNERS LPMaterials102.1K$12.3M5.4%-19.9%
LEN LENNAR CORP-AIndustrials118.0K$10.2M4.5%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20268$226.6M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20268$233.2M canonicalSEC ↗
Q3 202513F-HRNov 14, 20258$231.7M canonicalSEC ↗
Q2 202513F-HRAug 14, 20258$200.1M canonicalSEC ↗
Q1 202513F-HRMay 15, 202510$189.8M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20259$195.6M canonicalSEC ↗
Q3 202413F-HRNov 14, 20249$198.9M canonicalSEC ↗
Q2 202413F-HRAug 14, 202410$187.0M canonicalSEC ↗
Q1 202413F-HRMay 15, 202410$166.9M canonicalSEC ↗