Think Investments LP

Fundamental concentrated ★Highest signal CIK 1635999
League rank
#250
in Fundamental concentrated · #452 overall
Long book
$741.6M
Q1 2026
Positions
30
Top-10 weight
55%
concentration
Last quarter
+22.0%
SPY +14.8%
Turnover
56%
of book per quarter

Strategy in plain words

auto-generated from filings

Think Investments LP is a concentrated fundamental stock-picker, running a $741.6M US long book across 30 positions.

The portfolio is concentrated: the top 10 names carry 55% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: AMAZON.COM INC, MARVELL TECHNOLOGY INC, ALIBABA GROUP HOLDING-SP ADR, CELESTICA INC, CIRCLE INTERNET GROUP INC.

Over the last 9 quarters its long book ran on average 2.7pp 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
+6.8%
Q2 2024
+2.3%
Q3 2024
+12.0%
Q4 2024
-4.1%
Q1 2025
+20.0%
Q2 2025
+15.4%
Q3 2025
-3.5%
Q4 2025
-6.6%
Q1 2026
+22.0%

Sector allocation

Technology
40%
Financials
23%
Consumer discretionary
16%
Healthcare
9%
Services media
5%
Utilities
3%
Industrials
3%
Real estate
1%

Long book by quarter

$448.2M
Q1 2024
$485.8M
Q2 2024
$511.7M
Q3 2024
$454.5M
Q4 2024
$512.7M
Q1 2025
$576.9M
Q2 2025
$756.6M
Q3 2025
$782.0M
Q4 2025
$741.6M
Q1 2026

What does Think Investments own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AMZN AMAZON.COM INCConsumer discretionary377.3K$78.6M10.6%+16.0%
MRVL MARVELL TECHNOLOGY INCTechnology514.6K$51.0M6.9%-31.2%
CLS CELESTICA INCTechnology135.4K$38.1M5.1%+46.7%
CRCL CIRCLE INTERNET GROUP INCFinancials364.7K$34.8M4.7%Held
TSEM TOWER SEMICONDUCTOR LTDTechnology185.4K$32.5M4.4%New
MELI MERCADOLIBRE INCServices media18.3K$31.6M4.3%Held
RKT ROCKET COS INC-CLASS AFinancials2.0M$28.9M3.9%+45.1%
RDDT REDDIT INC-CL ATechnology198.4K$26.7M3.6%Held
TASK TASKUS INC-ATechnology3.7M$25.1M3.4%Held
OGN ORGANON & COHealthcare4.0M$24.0M3.2%New
XP XP INC - CLASS AFinancials1.1M$21.6M2.9%New
BRKR BRUKER CORPHealthcare550.0K$19.9M2.7%New
META META PLATFORMS INC-CLASS ATechnology34.0K$19.5M2.6%New
SMTC SEMTECH CORPTechnology217.2K$16.7M2.3%-67.4%
BKH BLACK HILLS CORPUtilities237.5K$16.5M2.2%-55.8%
AEVA AEVA TECHNOLOGIES INCIndustrials1.2M$15.8M2.1%New
SHAK SHAKE SHACK INC - CLASS AConsumer discretionary178.1K$15.8M2.1%New
EA ELECTRONIC ARTS INCTechnology70.0K$14.3M1.9%New
SCHW SCHWAB (CHARLES) CORPFinancials146.0K$13.7M1.9%New
GS GOLDMAN SACHS GROUP INCFinancials16.0K$13.5M1.8%New
MSFT MICROSOFT CORPTechnology35.0K$13.0M1.7%New
C CITIGROUP INCFinancials107.0K$12.1M1.6%New
MS MORGAN STANLEYFinancials67.8K$11.2M1.5%New
BSX BOSTON SCIENTIFIC CORPHealthcare136.0K$8.5M1.2%New
COMP COMPASS INC - CLASS AReal estate816.6K$6.0M0.8%-61.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202631$762.5M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202626$897.3M canonicalSEC ↗
Q3 202513F-HRNov 14, 202520$756.6M canonicalSEC ↗
Q2 202513F-HRAug 14, 202521$576.9M canonicalSEC ↗
Q1 202513F-HRMay 15, 202521$512.7M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202518$454.5M canonicalSEC ↗
Q3 202413F-HRNov 14, 202417$511.7M canonicalSEC ↗
Q2 202413F-HRAug 14, 202420$485.8M canonicalSEC ↗
Q1 202413F-HRMay 15, 202420$448.2M canonicalSEC ↗

Similar funds

Sanders Capital, LLCGATES FOUNDATION TRUSTEAGLE CAPITAL MANAGEMENT LLCWoodbridge Co LtdAlecta Tjanstepension OmsesidigtMubadala Investment Co PJSCH&H International Investment, LLCNewlands Management Operations LLCINVESTOR ABIndependent Franchise Partners LLPPineStone Asset Management Inc.Pentwater Capital Management LP