Two Creeks Capital Management, LP

CIK 1606430 · View on SEC EDGAR ↗

Portfolio value
$139.5M
#7,615 of 9,443 by 13F value · top 80.6%
Positions
13
As of
June 30, 2026

Portfolio value QoQ: -85.7% 13F does not disclose cash

Top 10 holdings weight
96.80%
Top 25 holdings weight
100.00%
Positions above 1%
12
Effective number of positions
2.2

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

Turnover Q2 2026: 16.45% Est. buys $91,569,234 · sells $1,033,702,174

Median holding: 3.0 quarters Tracked Q4 2024–Q2 2026 · 28.9% still held

New positions
1
Increased
0
Decreased
12
Closed
10
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+3.1%
S&P 500 total return (same window)
+28.1%
Excess return
-24.9%

Annualized: +2.1% · 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: 99.4% · Options excluded: 0.6%

Sector breakdown

Technology
8.9%
Retail
7.3%
Financial Services
5.3%
Consumer Discretionary
3.9%
Industrials
3.3%
Financials
2.9%
Utilities
2.9%
Other/Unmapped
65.6%

Full portfolio 13 positions

Type Streak 8Q trend
ACWI iShares MSCI ACWI ETF $91,569,234 65.62% 583,355 Up ×1
FND Floor & Decor Holdings, Inc. Common Stock $10,238,353 7.34% 172,479 $-48,709,459 Down ×5
V Visa Inc. $7,334,235 5.26% 21,377 $-59,398,544 Down ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $5,523,097 3.96% 11,565 $-55,963,188 Down ×1
ASML ASML Holding N.V. - New York Registry Shares $5,025,325 3.60% 2,526 $-38,441,869 Down ×3
HDB HDFC Bank Limited Common Stock $4,013,982 2.88% 155,400 $-10,196,330 Down ×2
TLN Talen Energy Corporation - Common Stock $3,993,998 2.86% 10,394 $-67,762,202 Down ×1
UBER Uber Technologies, Inc. Common Stock $3,107,282 2.23% 43,061 $-67,991,351 Down ×1
CMG Chipotle Mexican Grill, Inc. Common Stock $2,402,712 1.72% 70,668 $-42,035,779 Down ×3
U Unity Software Inc. Common Stock $1,873,791 1.34% 65,563 $-41,648,214 Down ×1
WING Wingstop Inc. - Common Stock $1,826,528 1.31% 10,533 $-24,953,528 Down ×1
GRAB Grab Holdings Limited - Class A Ordinary Shares $1,457,033 1.04% 386,481 $-31,303,945 Down ×1
ABNB Airbnb, Inc. - Class A Common Stock $1,180,003 0.85% 8,246 $-43,816,718 Down ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
ACWI $91,569,234 583,355 65.62%

Top movers (QoQ)

Security Action Shares Δ Value Δ
HDB Trimmed -416K -$10.2M

11 positions hidden (data completeness check)

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
ADBE June 30, 2025 210,203 $80,619,157 -29.4%
DHR June 30, 2026 355,509 $67,404,506 12.4%
GOOG March 31, 2025 340,910 $64,922,900 117.0%
IDXX Sept. 30, 2025 114,459 $61,388,940 -14.4%
FLUT Dec. 31, 2025 235,362 $59,781,948 -53.6%
MSFT June 30, 2026 158,604 $58,710,443 29.2%
LOW March 31, 2026 240,807 $58,073,016 -7.9%
CPNG March 31, 2026 2,228,146 $52,561,964 -14.7%
ESE June 30, 2026 180,938 $50,910,525 -19.0%
TEAM Dec. 31, 2025 305,032 $48,713,610 5.0%
ICLR June 30, 2025 276,531 $48,390,160 18.7%
CRH Dec. 31, 2025 394,350 $47,282,565 -24.2%
MIR June 30, 2026 2,449,059 $45,528,007 -15.1%
AZPN March 31, 2025 181,899 $45,407,447 No longer tracked
MA June 30, 2026 90,649 $45,293,679 12.0%
PLNT June 30, 2026 603,926 $44,920,016 2.4%
DKNG March 31, 2026 1,120,460 $38,611,052 15.6%
EXE March 31, 2026 344,837 $38,056,211 -13.2%
EQT March 31, 2026 707,665 $37,930,844 -15.4%
ENTG March 31, 2026 431,421 $36,347,219 23.6%
AMZN March 31, 2026 147,575 $34,063,262 23.8%
AAP June 30, 2026 507,900 $26,791,725 -30.4%
KLAC Sept. 30, 2025 29,089 $26,056,181 -82.8%
TYL Dec. 31, 2025 47,983 $25,102,786 -24.3%
CDW March 31, 2025 139,559 $24,288,848 -17.0%
FCX June 30, 2026 399,816 $23,501,184 22.6%
MLM Sept. 30, 2025 39,913 $21,910,640 -15.9%
CNM June 30, 2026 405,639 $20,038,567 -7.5%
IRDM Sept. 30, 2025 525,700 $15,860,369 178.1%
RTO June 30, 2026 334,758 $10,538,182 -17.4%
SAM Sept. 30, 2025 30,000 $5,724,300 -12.5%
IBN March 31, 2026 115,114 $3,430,397 15.3%