Benchstone Capital Management LP
CIK 2016777 · View on SEC EDGAR ↗
- Portfolio value
- $827.8M
- Positions
- 37
- As of
- June 30, 2026
#2,765 of 9,443 by 13F value · top 29.3%
Portfolio value QoQ: -3.7% 13F does not disclose cash
- Top 10 holdings weight
- 42.70%
- Top 25 holdings weight
- 84.62%
- Positions above 1%
- 34
- Effective number of positions
- 30.5
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 53.21% Est. buys $448,888,288 · sells $563,494,543
Median holding: 3.0 quarters Tracked Q4 2024–Q2 2026 · 38.9% still held
- New positions
- 16
- Increased
- 10
- Decreased
- 11
- Closed
- 17
Put-notional exposure: 3.1% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
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
Annualized: +10.7% · S&P 500: +18.0%
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: 99.5% · Options excluded: 0.7%
Sector breakdown
Technology
42.4%
Retail
20.3%
Consumer Discretionary
14.8%
Communication Services
14.1%
Real Estate
8.5%
Full portfolio 37 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SNOW Snowflake Inc. Common Stock | $42,850,165 | 5.18% | 168,370 | ||||
| FWONK Liberty Media Corporation - Series C Liberty Formula One Common Stock | $42,416,552 | 5.12% | 445,833 | $4,586,648 | Up ×2 | ||
| TXN Texas Instruments Incorporated - Common Stock | $37,785,440 | 4.56% | 126,767 | ||||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $36,850,256 | 4.45% | 77,162 | $-11,691,868 | Down ×2 | ||
| WH Wyndham Hotels & Resorts, Inc. Common Stock | $34,039,703 | 4.11% | 404,224 | $12,263,808 | Up ×1 | ||
| DASH DoorDash, Inc. - Common Stock | $33,886,167 | 4.09% | 183,635 | $17,818,916 | Up ×1 | ||
| TTWO Take-Two Interactive Software, Inc. - Common Stock | $33,679,305 | 4.07% | 134,728 | $23,761,645 | Up ×1 | ||
| OUT OUTFRONT Media Inc. Common Stock | $32,117,576 | 3.88% | 980,390 | $16,481,808 | Up ×1 | ||
| W Wayfair Inc. Class A Common Stock | $30,650,354 | 3.70% | 331,642 | ||||
| BKNG Booking Holdings Inc. - Common Stock | $29,183,413 | 3.53% | 163,731 | $5,963,498 | Up ×2 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $27,569,660 | 3.33% | 13,858 | $-2,212,415 | Down ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $26,606,196 | 3.21% | 74,450 | $-6,664,208 | Down ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $26,540,827 | 3.21% | 111,357 | $5,344,356 | Up ×1 | ||
| WMT Walmart Inc. - Common Stock | $25,373,864 | 3.07% | 224,032 | $10,247,994 | Up ×1 | ||
| WH Wyndham Hotels & Resorts, Inc. Common Stock | $25,263,000 | 3.05% | 300,000 | Put option | Up ×1 | ||
| MDB MongoDB, Inc. - Class A Common Stock | $25,230,793 | 3.05% | 75,114 | ||||
| HD Home Depot, Inc. (The) Common Stock | $25,111,521 | 3.03% | 71,202 | $15,085,309 | Up ×1 | ||
| TWLO Twilio Inc. Class A Common Stock | $23,160,955 | 2.80% | 112,252 | Up ×1 | |||
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $22,626,137 | 2.73% | 198,162 | ||||
| AKAM Akamai Technologies, Inc. - Common Stock | $22,066,261 | 2.67% | 186,670 | $-3,217,852 | Down ×1 | ||
| BURL Burlington Stores, Inc. Common Stock | $20,668,032 | 2.50% | 65,240 | $-10,939,381 | Down ×1 | ||
| SBAC SBA Communications Corporation - Class A Common Stock | $20,091,030 | 2.43% | 113,856 | ||||
| LOW Lowe's Companies, Inc. Common Stock | $19,422,303 | 2.35% | 88,087 | Up ×1 | |||
| AMD Advanced Micro Devices, Inc. - Common Stock | $19,115,424 | 2.31% | 32,906 | ||||
| AMT American Tower Corporation (REIT) Common Stock | $18,200,434 | 2.20% | 111,270 | ||||
| TSEM Tower Semiconductor Ltd. - Ordinary Shares | $17,454,279 | 2.11% | 66,967 | ||||
| AMAT Applied Materials, Inc. - Common Stock | $15,290,727 | 1.85% | 21,149 | $-14,283,678 | Down ×1 | ||
| ONTO Onto Innovation Inc. Common Stock | $14,331,145 | 1.73% | 37,868 | $11,025,212 | Up ×1 | ||
| SPOT Spotify Technology S.A. Ordinary Shares | $13,813,844 | 1.67% | 30,087 | $-21,792,127 | Down ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $12,591,163 | 1.52% | 33,332 | $-33,138,011 | Down ×1 | ||
| CRDO Credo Technology Group Holding Ltd - Ordinary Shares | $11,209,507 | 1.35% | 41,219 | Up ×1 | |||
| ZM Zoom Communications, Inc. - Class A Common Stock | $11,095,323 | 1.34% | 128,552 | $-7,240,189 | Down ×1 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $10,661,206 | 1.29% | 70,371 | $-4,355,545 | Down ×1 | ||
| ROST Ross Stores, Inc. - Common Stock | $9,271,320 | 1.12% | 43,558 | $-9,174,724 | Down ×1 | ||
| SNDK Sandisk Corporation - Common Stock | $6,093,596 | 0.74% | 2,680 | Up ×1 | |||
| NBIS Nebius Group N.V. - Class A Ordinary Shares | $2,902,823 | 0.35% | 10,511 | Up ×1 | |||
| NOW ServiceNow, Inc. Common Stock | $2,564,998 | 0.31% | 25,836 | ||||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| SNOW | $42,850,165 | 168,370 | 5.18% |
| TXN | $37,785,440 | 126,767 | 4.56% |
| W | $30,650,354 | 331,642 | 3.70% |
| WH | $25,263,000 | 300,000 | 3.05% |
| MDB | $25,230,793 | 75,114 | 3.05% |
| TWLO | $23,160,955 | 112,252 | 2.80% |
| SHOP | $22,626,137 | 198,162 | 2.73% |
| SBAC | $20,091,030 | 113,856 | 2.43% |
| LOW | $19,422,303 | 88,087 | 2.35% |
| AMD | $19,115,424 | 32,906 | 2.31% |
| AMT | $18,200,434 | 111,270 | 2.20% |
| TSEM | $17,454,279 | 66,967 | 2.11% |
| CRDO | $11,209,507 | 41,219 | 1.35% |
| SNDK | $6,093,596 | 2,680 | 0.74% |
| NBIS | $2,902,823 | 10,511 | 0.35% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| AVGO | Trimmed | -114K | -$33.1M |
| TTWO | Bought more | +85K | +$23.8M |
| SPOT | Trimmed | -43K | -$21.8M |
| DASH | Bought more | +77K | +$17.8M |
| OUT | Bought more | +390K | +$16.5M |
| HD | Bought more | +41K | +$15.1M |
| AMAT | Trimmed | -65K | -$14.3M |
| WH | Bought more | +136K | +$12.3M |
| TSM | Trimmed | -66K | -$11.7M |
| ONTO | Bought more | +22K | +$11.0M |
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 |
|---|---|---|---|---|
| MSFT | Dec. 31, 2025 | 111,114 | $57,551,496 | -0.1% |
| NCLH | Dec. 31, 2025 | 2,133,322 | $52,543,721 | -24.6% |
| MCD | Dec. 31, 2025 | 163,348 | $49,639,824 | -11.4% |
| T | Sept. 30, 2025 | 1,664,371 | $48,166,897 | -10.6% |
| SBAC | June 30, 2025 | 215,726 | $47,461,877 | -22.7% |
| SATS | June 30, 2026 | 388,987 | $45,538,708 | No longer tracked |
| DIS | March 31, 2025 | 383,541 | $42,707,290 | 9.5% |
| T | March 31, 2025 | 1,870,937 | $42,601,235 | -10.7% |
| HLT | June 30, 2025 | 171,921 | $39,120,624 | 24.9% |
| LYV | Sept. 30, 2025 | 251,469 | $38,042,230 | 13.6% |
| EA | Sept. 30, 2025 | 235,417 | $37,596,095 | No longer tracked |
| H | June 30, 2026 | 243,386 | $34,996,473 | -6.8% |
| NVDA | Dec. 31, 2025 | 185,407 | $34,593,238 | 17.5% |
| ON | March 31, 2025 | 546,566 | $34,460,986 | 84.5% |
| EQIX | June 30, 2026 | 34,324 | $33,645,758 | 3.0% |
| ADI | June 30, 2026 | 104,474 | $33,237,358 | -5.9% |
| NVDA | March 31, 2025 | 247,046 | $33,175,807 | 102.2% |
| DPZ | Sept. 30, 2025 | 72,921 | $32,858,203 | -22.5% |
| PINS | Sept. 30, 2025 | 905,317 | $32,464,668 | -27.4% |
| TTWO | June 30, 2025 | 151,169 | $31,329,775 | -3.5% |
| INTU | June 30, 2025 | 49,146 | $30,175,153 | -54.0% |
| ON | Sept. 30, 2025 | 575,146 | $30,143,402 | 52.3% |
| AMT | Dec. 31, 2025 | 155,638 | $29,932,300 | 1.0% |
| OUTXXXX | March 31, 2025 | 1,636,881 | $29,038,269 | No longer tracked |
| SNPS | June 30, 2026 | 72,750 | $28,843,920 | -10.9% |
| AVGO | June 30, 2025 | 171,818 | $28,767,488 | 32.1% |
| LUMN | March 31, 2026 | 3,500,000 | $27,195,000 | -12.3% |
| BKNG | Sept. 30, 2025 | 4,520 | $26,167,365 | -96.1% |
| SHOP | March 31, 2026 | 158,023 | $25,436,962 | 23.1% |
| BURL | Sept. 30, 2025 | 108,248 | $25,182,815 | 29.9% |
| LYV | June 30, 2026 | 164,276 | $25,053,733 | 1.3% |
| ABNB | Sept. 30, 2025 | 184,834 | $24,460,932 | 53.4% |
| CRM | March 31, 2026 | 90,157 | $23,883,491 | 10.2% |
| WMT | June 30, 2025 | 262,118 | $23,011,339 | 6.7% |
| W | March 31, 2026 | 228,226 | $22,916,173 | 42.8% |
| ANET | March 31, 2025 | 206,985 | $22,878,052 | 137.3% |
| WING | Sept. 30, 2025 | 67,804 | $22,832,319 | -52.4% |
| TGT | June 30, 2026 | 188,206 | $22,810,567 | 22.7% |
| WH | Sept. 30, 2025 | 277,760 | $22,556,890 | -5.2% |
| GOOGL | Sept. 30, 2025 | 126,032 | $22,210,619 | 41.1% |
| DIS | March 31, 2026 | 192,840 | $21,939,407 | 12.1% |
| SHOP | June 30, 2025 | 228,782 | $21,844,105 | 26.6% |
| MDB | March 31, 2026 | 51,727 | $21,709,305 | 73.8% |
| GOOGL | March 31, 2025 | 112,818 | $21,356,447 | 121.8% |
| NOW | March 31, 2026 | 137,591 | $21,077,565 | 24.0% |
| ROKU | June 30, 2026 | 222,735 | $21,075,186 | 13.9% |
| LBRDK | Dec. 31, 2025 | 319,911 | $20,327,145 | -25.9% |
| ROST | March 31, 2025 | 133,730 | $20,229,337 | 81.1% |
| WBD | Dec. 31, 2025 | 1,026,645 | $20,050,377 | -1.6% |
| DIS | Sept. 30, 2025 | 160,539 | $19,908,441 | -5.7% |
| ORCL | March 31, 2026 | 101,498 | $19,782,975 | -3.1% |
| BRBR | Sept. 30, 2025 | 333,195 | $19,301,986 | -69.9% |
| MNDY | Dec. 31, 2025 | 97,787 | $18,940,364 | -38.5% |
| ANET | March 31, 2026 | 134,652 | $17,643,452 | 49.7% |
| CSCO | June 30, 2026 | 227,275 | $17,634,267 | -6.2% |
| NET | June 30, 2026 | 81,483 | $16,813,202 | 15.9% |
| TXN | March 31, 2026 | 94,590 | $16,410,419 | 37.0% |
| ADBE | June 30, 2025 | 42,066 | $16,133,573 | -29.2% |
| TXN | June 30, 2025 | 88,572 | $15,916,388 | 28.1% |
| DDOG | June 30, 2026 | 131,258 | $15,495,007 | -10.6% |
| UBER | March 31, 2026 | 187,212 | $15,297,093 | 10.8% |
| UBER | March 31, 2025 | 250,736 | $15,124,396 | 9.4% |
| RRR | March 31, 2026 | 240,733 | $14,913,409 | 14.3% |
| BYD | March 31, 2026 | 173,401 | $14,780,701 | -0.2% |
| TMUS | June 30, 2026 | 69,222 | $14,538,697 | 8.8% |
| CCI | Sept. 30, 2025 | 141,320 | $14,517,804 | -21.3% |
| PSKY | March 31, 2026 | 1,000,000 | $13,400,000 | 16.9% |
| SNOW | March 31, 2026 | 60,804 | $13,337,965 | 112.7% |
| W | June 30, 2025 | 404,585 | $12,958,858 | 110.0% |
| CDNS | June 30, 2025 | 47,985 | $12,204,025 | 2.3% |
| DLTR | June 30, 2025 | 156,465 | $11,745,828 | 30.9% |
| RCL | March 31, 2026 | 41,720 | $11,636,542 | 7.1% |
| TSEM | March 31, 2026 | 96,225 | $11,298,740 | 26.2% |
| CMCSA | March 31, 2026 | 366,713 | $10,961,052 | -7.2% |
| META | June 30, 2026 | 19,098 | $10,926,539 | -2.9% |
| TEAM | March 31, 2026 | 66,049 | $10,709,185 | 157.5% |
| ON | March 31, 2026 | 194,080 | $10,509,432 | 21.2% |
| DDOG | March 31, 2025 | 73,518 | $10,504,987 | 134.6% |
| CHDN | March 31, 2026 | 91,618 | $10,424,296 | 2.1% |
| CMG | June 30, 2026 | 324,163 | $10,376,458 | 0.8% |
| FUN | Sept. 30, 2025 | 331,957 | $10,101,452 | -24.6% |
| NFLX | Dec. 31, 2025 | 8,380 | $10,046,950 | -13.9% |
| AMD | March 31, 2026 | 46,681 | $9,997,203 | 129.1% |
| FIX | June 30, 2026 | 6,996 | $9,647,414 | -15.9% |
| OUT | June 30, 2025 | 567,161 | $9,153,979 | 86.0% |
| HPE | June 30, 2026 | 381,243 | $9,077,396 | 17.1% |
| BROS | March 31, 2026 | 134,584 | $8,239,232 | -1.5% |
| INTU | June 30, 2026 | 10,473 | $4,528,316 | 38.7% |
| SMPL | Dec. 31, 2025 | 180,899 | $4,489,913 | -42.6% |
| MCO | June 30, 2025 | 8,144 | $3,792,579 | -0.4% |
| PENN | June 30, 2025 | 83,168 | $1,356,470 | 3.2% |
| MRVL | Dec. 31, 2025 | 11,947 | $1,004,384 | 186.2% |