Raine Capital LLC

Fundamental diversified ★Signal CIK 1631543
Long book
$14.1M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
+8.1%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Raine Capital LLC is a diversified fundamental manager, running a $14.1M US long book across 4 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: BEACHBODY CO INC/THE, DRAFTKINGS INC-CL A, ISHARES 0-3 MONTH TREASURY B, SS SPDR S&P 500 ETF TRUST-US.

Over the last 9 quarters its long book ran on average 5.6pp per quarter behind the S&P 500, beating the index in 1 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
-14.0%
Q2 2024
+0.3%
Q3 2024
+1.3%
Q4 2024
-8.3%
Q1 2025
+10.1%
Q2 2025
-5.4%
Q3 2025
+15.9%
Q4 2025
-18.5%
Q1 2026
+8.1%

Sector allocation

Consumer discretionary
56%
Services media
44%

Long book by quarter

$235.2M
Q1 2024
$205.1M
Q2 2024
$222.7M
Q3 2024
$303.0M
Q4 2024
$214.5M
Q1 2025
$308.6M
Q2 2025
$13.8M
Q3 2025
$16.6M
Q4 2025
$14.1M
Q1 2026

What does Raine Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BODI BEACHBODY CO INC/THEConsumer discretionary671.1K$7.3M51.6%Held
DKNG DRAFTKINGS INC-CL AServices media263.4K$5.7M40.4%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20264$14.1M canonicalSEC ↗
Q4 202513F-HR/ANEW HOLDINGSMay 15, 20262$555K canonicalSEC ↗
Q4 202513F-HRFeb 17, 20262$16.0M canonicalSEC ↗
Q3 202513F-HRNov 14, 20252$13.8M canonicalSEC ↗
Q2 202513F-HRAug 14, 20254$308.6M canonicalSEC ↗
Q1 202513F-HR/ANEW HOLDINGSMay 15, 20261$252K canonicalSEC ↗
Q1 202513F-HRMay 15, 20253$214.2M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20253$303.0M canonicalSEC ↗
Q3 202413F-HRNov 14, 20245$222.7M canonicalSEC ↗
Q2 202413F-HRAug 14, 20245$205.1M canonicalSEC ↗
Q1 202413F-HR/ARESTATEMENTJul 11, 20245$235.2M canonicalSEC ↗
Q1 202413F-HRMay 15, 20245$234.6M SEC ↗