Teca Partners, LP

Fundamental concentrated ★Highest signal CIK 1910154
League rank
#720
in Fundamental concentrated · #6986 overall
Long book
$125.3M
Q1 2026
Positions
9
Top-10 weight
100%
concentration
Last quarter
+4.9%
SPY +14.8%
Turnover
18%
of book per quarter

Strategy in plain words

auto-generated from filings

Teca Partners, LP is a concentrated fundamental stock-picker, running a $125.3M US long book across 9 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: VIKING HOLDINGS LTD, OPTION CARE HEALTH INC, THERMO FISHER SCIENTIFIC INC, CHIPOTLE MEXICAN GRILL INC, LPL FINANCIAL HOLDINGS INC.

Over the last 9 quarters its long book ran on average 1.7pp per quarter behind the S&P 500, beating the index in 2 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
+12.9%
Q3 2024
-0.3%
Q4 2024
-6.1%
Q1 2025
+16.1%
Q2 2025
+4.5%
Q3 2025
-0.4%
Q4 2025
-8.5%
Q1 2026
+4.9%

Sector allocation

Consumer discretionary
35%
Industrials
18%
Healthcare
15%
Other
13%
Financials
12%
Technology
7%

Long book by quarter

$157.5M
Q1 2024
$143.5M
Q2 2024
$142.8M
Q3 2024
$157.0M
Q4 2024
$139.5M
Q1 2025
$143.2M
Q2 2025
$158.5M
Q3 2025
$164.5M
Q4 2025
$125.3M
Q1 2026

What does Teca Partners, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
VIK VIKING HOLDINGS LTDIndustrials311.6K$22.9M18.3%Held
OPCH OPTION CARE HEALTH INCHealthcare691.1K$18.6M14.8%+20.6%
TMO THERMO FISHER SCIENTIFIC INCOther31.9K$15.7M12.5%+81.5%
CMG CHIPOTLE MEXICAN GRILL INCConsumer discretionary484.6K$15.5M12.4%+50.4%
LPLA LPL FINANCIAL HOLDINGS INCFinancials50.1K$15.1M12.0%+20.6%
FERG FERGUSON ENTERPRISES INCConsumer discretionary55.9K$13.0M10.4%-0.1%
ROST ROSS STORES INCConsumer discretionary54.4K$11.8M9.4%-24.9%
GWRE GUIDEWIRE SOFTWARE INCTechnology59.1K$8.8M7.1%-53.2%
TJX TJX COMPANIES INCConsumer discretionary24.2K$3.9M3.1%-75.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202610$145.0M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202612$175.3M canonicalSEC ↗
Q3 202513F-HRNov 13, 202511$158.5M canonicalSEC ↗
Q2 202513F-HRAug 13, 202511$143.2M canonicalSEC ↗
Q1 202513F-HRMay 14, 202510$139.5M canonicalSEC ↗
Q4 202413F-HRFeb 13, 202511$157.0M canonicalSEC ↗
Q3 202413F-HRNov 13, 202410$142.8M canonicalSEC ↗
Q2 202413F-HRAug 13, 202411$143.5M canonicalSEC ↗
Q1 202413F-HR/ARESTATEMENTMay 31, 202413$157.5M canonicalSEC ↗
Q1 202413F-HRMay 14, 202413$157.5M SEC ↗