TSG Consumer Partners LP
Long book
$115.5M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+42.4%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsTSG Consumer Partners LP is a diversified fundamental manager, specialised in consumer_discretionary (100% of the long book), running a $115.5M US long book across 1 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: DUTCH BROS INC-CLASS A.
Over the last 9 quarters its long book ran on average 8.1pp 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
+25.5%
Q2 2024
-22.6%
Q3 2024
+63.5%
Q4 2024
+17.9%
Q1 2025
+10.7%
Q2 2025
-23.4%
Q3 2025
+17.0%
Q4 2025
-17.2%
Q1 2026
+42.4%
Sector allocation
Consumer discretionary 100%
Long book by quarter
What does TSG Consumer own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BROS DUTCH BROS INC-CLASS A | Consumer discretionary | 2.3M | $115.5M | 100.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 1 | $115.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 1 | $139.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 1 | $119.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 1 | $160.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 1 | $144.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 1 | $183.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 2 | $526.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 2 | $654.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 2 | $1.58B | canonical | SEC ↗ |