Parsifal Capital Management, LP

Fundamental concentrated ★Highest signal CIK 1776090
League rank
#214
in Fundamental concentrated · #371 overall
Long book
$774.6M
Q1 2026
Positions
17
Top-10 weight
76%
concentration
Last quarter
+23.7%
SPY +14.8%
Turnover
40%
of book per quarter

Strategy in plain words

auto-generated from filings

Parsifal Capital Management, LP is a concentrated fundamental stock-picker, running a $774.6M US long book across 17 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: COMPASS INC - CLASS A, HILTON GRAND VACATIONS INC, SHARKNINJA INC, AKAMAI TECHNOLOGIES INC, AXALTA COATING SYSTEMS LTD.

Over the last 9 quarters its long book ran on average 0.8pp 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
-1.8%
Q2 2024
+10.3%
Q3 2024
+2.1%
Q4 2024
-5.6%
Q1 2025
+11.9%
Q2 2025
-1.5%
Q3 2025
+9.0%
Q4 2025
-0.2%
Q1 2026
+23.7%

Sector allocation

Industrials
29%
Services media
25%
Technology
13%
Real estate
12%
Healthcare
10%
Other
8%
Consumer discretionary
4%

Long book by quarter

$1.45B
Q1 2024
$1.37B
Q2 2024
$1.29B
Q3 2024
$1.20B
Q4 2024
$956.2M
Q1 2025
$1.05B
Q2 2025
$1.07B
Q3 2025
$992.6M
Q4 2025
$774.6M
Q1 2026

What does Parsifal Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
COMP COMPASS INC - CLASS AReal estate11.9M$87.1M11.2%New
HGV HILTON GRAND VACATIONS INCServices media2.2M$84.6M10.9%-12.7%
SN SHARKNINJA INCIndustrials793.1K$84.0M10.8%-33.9%
AKAM AKAMAI TECHNOLOGIES INCServices media475.7K$54.6M7.1%New
AXTA AXALTA COATING SYSTEMS LTDOther1.9M$51.6M6.7%-14.7%
CZR CAESARS ENTERTAINMENT INCServices media1.9M$51.1M6.6%New
ATMU ATMUS FILTRATION TECHNOLOGIEIndustrials789.0K$44.8M5.8%-36.1%
GXO GXO LOGISTICS INCIndustrials851.1K$44.1M5.7%-41.0%
IESC IES HOLDINGS INCIndustrials90.1K$42.9M5.5%-10.1%
VIAV VIAVI SOLUTIONS INCTechnology1.3M$42.8M5.5%-62.0%
MMM 3M COHealthcare268.0K$38.9M5.0%-35.8%
AVPT AVEPOINT INCTechnology3.8M$36.2M4.7%+1.6%
GMED GLOBUS MEDICAL INC - AHealthcare387.1K$33.4M4.3%-68.3%
ACI ALBERTSONS COS INC - CLASS AConsumer discretionary1.7M$29.3M3.8%-30.3%
TDC TERADATA CORPTechnology714.9K$18.3M2.4%New
LPX LOUISIANA-PACIFIC CORPOther91.9K$6.7M0.9%-49.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202618$849.1M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202618$1.22B canonicalSEC ↗
Q3 202513F-HRNov 14, 202516$1.07B canonicalSEC ↗
Q2 202513F-HRAug 14, 202515$1.18B canonicalSEC ↗
Q1 202513F-HRMay 15, 202521$1.16B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202516$1.20B canonicalSEC ↗
Q3 202413F-HRNov 14, 202415$1.46B canonicalSEC ↗
Q2 202413F-HRAug 14, 202419$1.39B canonicalSEC ↗
Q1 202413F-HRMay 15, 202419$1.45B canonicalSEC ↗