Route One Investment Company, L.P.

CIK 1512171 · View on SEC EDGAR ↗

Portfolio value
$2.5B
#1,323 of 9,443 by 13F value · top 14.0%
Positions
20
As of
June 30, 2026

Portfolio value QoQ: +6.0% 13F does not disclose cash

Top 10 holdings weight
77.43%
Top 25 holdings weight
100.00%
Positions above 1%
20
Effective number of positions
14.4

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 5.29% Est. buys $208,971,240 · sells $127,970,649

Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 71.4% still held

New positions
2
Increased
7
Decreased
2
Closed
1

Put-notional exposure: 3.0% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+5.0%
S&P 500 total return (same window)
+28.1%
Excess return
-23.1%

Annualized: +3.3% · 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: 98.6% · Options excluded: 3.7%

Sector breakdown

Retail
18.1%
Health Care
15.3%
Communication Services
15.2%
Financial Services
11.0%
Technology
10.6%
Consumer Staples
10.5%
Real Estate
6.4%
Consumer products
4.4%
Energy
3.1%
Financials
2.4%
Other/Unmapped
3.0%

Full portfolio 20 positions

Type Streak 8Q trend
POST Post Holdings, Inc. Common Stock $260,417,132 10.46% 2,950,568 $-31,276,020
AMZN Amazon.com, Inc. - Common Stock $246,014,548 9.88% 1,032,200 $31,038,254
GWRE Guidewire Software, Inc. Common Stock $227,564,240 9.14% 1,849,364 $-49,026,640
GOOG Alphabet Inc. - Class C Capital Stock $206,362,387 8.29% 584,050 $8,692,898 Down ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $202,713,142 8.14% 487,725 $58,522,496 Down ×1
SCHW Charles Schwab Corporation (The) Common Stock $202,061,427 8.11% 2,189,893 $43,964,230 Up ×1
NYT New York Times Company (The) Common Stock $172,056,957 6.91% 2,458,659 $-33,806,561
KRC Kilroy Realty Corporation Common Stock $159,180,541 6.39% 4,248,213 $44,942,369 Up ×4
TMO Thermo Fisher Scientific Inc Common Stock $140,581,344 5.65% 280,400 $13,422,533 Up ×1
MELI MercadoLibre, Inc. - Common Stock $111,280,888 4.47% 65,560 $33,846,727 Up ×1
HLF Herbalife Ltd. Common Shares $109,786,720 4.41% 8,348,800 $-11,319,136 Up ×6
TBBB BBB Foods Inc. Class A Common Shares $92,682,456 3.72% 2,224,201 $38,591,256 Up ×3
VIST Vista Energy S.A.B. de C.V. American Depositary Shares, each representing one series A share, with no par value $77,625,460 3.12% 1,216,700 $-14,198,889
SPY SPY $74,677,000 3.00% 100,000 Put option $9,643,000
VEEV Veeva Systems Inc. Class A Common Stock $37,508,285 1.51% 211,350 $5,503,033 Up ×2
PCOR Procore Technologies, Inc. Common Stock $37,297,487 1.50% 918,205 $-15,040,198
V Visa Inc. $36,607,703 1.47% 106,700 Up ×1
MA Mastercard Incorporated Common Stock $36,208,800 1.45% 70,500 Up ×1
BMA Banco Macro S.A. ADR (representing Ten Class B Common Shares) $30,750,157 1.23% 332,111 $5,054,729
GGAL Grupo Financiero Galicia S.A. - American Depositary Shares, Class B Shares underlying $28,984,881 1.16% 579,350 $1,923,442

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
KRC $159,180,541 6.39% up ×4
HLF $109,786,720 4.41% up ×6
TBBB $92,682,456 3.72% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
V $36,607,703 106,700 1.47%
MA $36,208,800 70,500 1.45%

Top movers (QoQ)

Security Action Shares Δ Value Δ
UNH Trimmed -45K +$58.5M
GWRE Price move only +0 -$49.0M
KRC Bought more +199K +$44.9M
SCHW Bought more +508K +$44.0M
TBBB Bought more +695K +$38.6M
MELI Bought more +21K +$33.8M
NYT Price move only +0 -$33.8M
POST Price move only +0 -$31.3M
AMZN Price move only +0 +$31.0M
PCOR Price move only +0 -$15.0M

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.

SecurityQuarter Shares before Value before Price since exit
IWM March 31, 2026 1,200,000 $295,392,000 No longer tracked
GOOGL Dec. 31, 2025 819,960 $199,332,276 9.3%
AGRO June 30, 2025 8,511,838 $95,077,230 18.1%
BRBR Dec. 31, 2025 2,302,856 $83,708,816 -61.6%
CRM Dec. 31, 2025 338,650 $80,260,050 -22.4%
ESS June 30, 2026 297,912 $72,094,704 -0.9%