Searchlight Capital Partners, L.P.
Long book
$109.4M
Q1 2026
Positions
2
Top-10 weight
100%
concentration
Last quarter
+27.4%
SPY +14.8%
Turnover
33%
of book per quarter
Strategy in plain words
auto-generated from filingsSearchlight Capital Partners, L.P. is a diversified fundamental manager, specialised in communications (100% of the long book), running a $109.4M US long book across 2 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: LIBERTY LATIN AMERIC-CL C, LIBERTY LATIN AMERIC-CL A.
Over the last 9 quarters its long book ran on average 3.6pp 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
+37.6%
Q2 2024
-1.3%
Q3 2024
-33.2%
Q4 2024
-2.0%
Q1 2025
+0.1%
Q2 2025
+35.7%
Q3 2025
-11.6%
Q4 2025
+20.5%
Q1 2026
+27.4%
Sector allocation
Communications 100%
Long book by quarter
What does Searchlight Capital own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 2 | $109.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 3 | $108.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 3 | $118.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 3 | $104.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 3 | $95.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 3 | $102.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 4 | $325.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 4 | $305.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 4 | $296.4M | canonical | SEC ↗ |