Selkirk Management LLC

CIK 1565432 · View on SEC EDGAR ↗

Portfolio value
$321.0M
#4,986 of 9,443 by 13F value · top 52.8%
Positions
14
As of
June 30, 2026

Portfolio value QoQ: +9.1% 13F does not disclose cash

Top 10 holdings weight
96.84%
Top 25 holdings weight
100.00%
Positions above 1%
12
Effective number of positions
5.0

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

Turnover Q2 2026: 15.16% Est. buys $143,628,825 · sells $46,616,376

Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 63.6% still held

New positions
5
Increased
2
Decreased
6
Closed
2

Put-notional exposure: 10.3% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

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Performance vs S&P 500

Tracked Q4 2024–Q2 2026
-25.2%
S&P 500 total return (same window)
+28.1%
Excess return
-53.3%

Annualized: -17.7% · 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: 100.0% · Options excluded: 0.0%

Sector breakdown

Retail
64.6%
Communication Services
18.4%
Technology
14.7%
Consumer Discretionary
1.5%
Industrials
0.3%
Other/Unmapped
0.5%

Full portfolio 14 positions

Type Streak 8Q trend
CVNA Carvana Co. Class A Common Stock $118,548,402 36.94% 1,801,100 $3,730,538 Up ×1
AMZN Amazon.com, Inc. - Common Stock $55,890,730 17.41% 234,500 $3,198,420 Down ×1
CVNA Carvana Co. Class A Common Stock $32,910,000 10.25% 500,000 Put option Up ×1
GOOGL Alphabet Inc. - Class A Common Stock $29,045,247 9.05% 81,275 $4,523,568 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $25,207,228 7.85% 44,750 $-395,590
APP Applovin Corporation - Class A Common Stock $22,206,413 6.92% 43,100 $2,823,813 Down ×1
NVDA NVIDIA Corporation - Common Stock $11,405,130 3.55% 57,000 $2,336,330 Up ×1
MU Micron Technology, Inc. - Common Stock $5,886,879 1.83% 5,100 Up ×1
FLUT Flutter Entertainment plc Ordinary Shares $4,932,360 1.54% 48,276 $-3,812,504 Down ×1
NFLX Netflix, Inc. - Common Stock $4,805,220 1.50% 67,300 $-4,069,425 Down ×1
SNDK Sandisk Corporation - Common Stock $4,433,774 1.38% 1,950 Up ×1
CRDO Credo Technology Group Holding Ltd - Ordinary Shares $3,263,400 1.02% 12,000 Up ×1
Unknown issuer (CUSIP: 77926X320) $1,624,700 0.51% 22,000 Up ×1
ACVA ACV Auctions Inc. Class A Common Stock $805,280 0.25% 112,000 $-2,955,600 Down ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
CVNA $32,910,000 500,000 10.25%
MU $5,886,879 5,100 1.83%
SNDK $4,433,774 1,950 1.38%
CRDO $3,263,400 12,000 1.02%
Unknown issuer (CUSIP: 77926X320) $1,624,700 22,000 0.51%

Top movers (QoQ)

Security Action Shares Δ Value Δ
GOOGL Trimmed -4K +$4.5M
NFLX Trimmed -25K -$4.1M
FLUT Trimmed -38K -$3.8M
CVNA Bought more +1.4M +$3.7M
AMZN Trimmed -18K +$3.2M
ACVA Trimmed -775K -$3.0M
APP Trimmed -6K +$2.8M
NVDA Bought more +5K +$2.3M
META Price move only +0 -$396K

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
ZG June 30, 2026 365,800 $15,140,462 17.6%
GDS June 30, 2026 287,000 $11,563,230 12.1%
CRM Sept. 30, 2025 27,000 $7,362,630 -13.2%
V March 31, 2026 18,300 $6,417,993 21.6%
JD June 30, 2025 100,881 $4,148,227 -10.7%
AMD March 31, 2025 33,225 $4,013,248 353.6%
CART Sept. 30, 2025 68,267 $3,088,399 39.4%
CERO March 31, 2025 121,040 $7,262 No longer tracked