14B Captial Management LP
CIK 2009911 · View on SEC EDGAR ↗
- Portfolio value
- $124.4M
- Positions
- 18
- As of
- Dec. 31, 2025 Data as of Q4 2025
Portfolio value QoQ: -27.2% 13F does not disclose cash
- Top 10 holdings weight
- 90.86%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 13
- Effective number of positions
- 7.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q4 2025: 11.98% Est. buys $17,682,037 · sells $44,628,094
Median holding: 2.0 quarters Tracked Q4 2024–Q4 2025 · 75.0% still held
- New positions
- 9
- Increased
- 0
- Decreased
- 9
- Closed
- 1
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 100.0% · Options excluded: 0.0%
Sector breakdown
Full portfolio 18 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| MA Mastercard Incorporated Common Stock | $24,296,653 | 19.53% | 42,560 | $-162,177 | Down ×4 | ||
| V Visa Inc. | $24,292,980 | 19.53% | 69,268 | $396,380 | Down ×4 | ||
| FOUR Shift4 Payments, Inc. Class A Common Stock | $24,243,450 | 19.49% | 385,000 | $-6,484,350 | Down ×3 | ||
| STNE StoneCo Ltd. - Class A Common Share | $9,007,110 | 7.24% | 609,000 | $-8,598,100 | Down ×3 | ||
| PAGS PagSeguro Digital Ltd. Class A Common Shares | $7,017,920 | 5.64% | 728,000 | $-5,932,080 | Down ×4 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $6,204,846 | 4.99% | 9,400 | ||||
| CHTR Charter Communications, Inc. - Class A Common Stock | $4,905,625 | 3.94% | 23,500 | $-15,727,250 | Down ×1 | ||
| COF Capital One Financial Corporation Common Stock | $4,847,200 | 3.90% | 20,000 | $-2,167,940 | Down ×2 | ||
| CIB Grupo Cibest S.A. American Depositary Shares each representing four Preferred Shares | $4,452,700 | 3.58% | 70,000 | $-1,364,580 | Down ×2 | ||
| MELI MercadoLibre, Inc. - Common Stock | $3,766,666 | 3.03% | 1,870 | Up ×1 | |||
| CCOI Cogent Communications Holdings, Inc. - Common Stock | $3,665,200 | 2.95% | 170,000 | $-13,578,226 | Down ×2 | ||
| RSP | $2,298,720 | 1.85% | 12,000 | Up ×1 | |||
| AMZN Amazon.com, Inc. - Common Stock | $1,384,920 | 1.11% | 6,000 | Up ×1 | |||
| VXUS Vanguard Total International Stock ETF | $1,056,160 | 0.85% | 14,000 | Up ×1 | |||
| MSFT Microsoft Corporation - Common Stock | $967,240 | 0.78% | 2,000 | Up ×1 | |||
| VEA | $874,580 | 0.70% | 14,000 | Up ×1 | |||
| GOOGL Alphabet Inc. - Class A Common Stock | $626,000 | 0.50% | 2,000 | Up ×1 | |||
| VTI | $502,905 | 0.40% | 1,500 | Up ×1 | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| PINS | June 30, 2025 | 746,000 | $23,126,000 | -34.9% |
| DFS | June 30, 2025 | 126,000 | $21,508,200 | No longer tracked |
| CIBXXXX | June 30, 2025 | 371,000 | $14,914,200 | No longer tracked |
| CABO | Dec. 31, 2025 | 59,500 | $10,534,475 | -76.7% |
| BABA | Sept. 30, 2025 | 84,000 | $9,526,440 | -29.9% |
| META | June 30, 2025 | 16,400 | $9,452,304 | -25.9% |
| PDD | June 30, 2025 | 49,000 | $5,799,150 | -15.4% |