Q1 2026 · 13F-HR
Two Creeks Capital Management, LPholdings as filed
Filed 2026-05-15 · accession 0001172661-26-002355
$973.8M
Reported value
22
Positions
2026-03-31
Period end
The Brief · Two Creeks Capital Management, LP · Q1 2026
AI · grounded in 13F
Two Creeks Capital Management, LP exited its position in LOW for a reduction of $58.1M. The fund also closed positions in CPNG and DKNG, reducing exposure by $52.6M and $38.6M respectively. On the buy side, the manager established a new position in ESE worth $50.9M and added AAP with a $26.8M investment. Additionally, the fund increased its holdings in TSM by 91.3% and TLN by 69.1%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 87422Q109 | TLN | TALEN ENERGY CORP | $71.8M | 7.37% | 224,779 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $71.1M | 7.30% | 988,442 | Common | SOLE |
| 235851102 | DHR | DANAHER CORP DEL | $67.4M | 6.92% | 355,509 | Common | SOLE |
| 92826C839 | V | VISA INC | $66.7M | 6.85% | 220,794 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $61.5M | 6.31% | 181,939 | Common | SOLE |
| 339750101 | FND | FLOOR & DECOR HLDGS INC | $58.9M | 6.05% | 1,160,390 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $58.7M | 6.03% | 158,604 | Common | SOLE |
| 296315104 | ESE | ESCO TECHNOLOGIES INC | $50.9M | 5.23% | 180,938 | Common | SOLE |
| 60471A101 | MIR | MIRION TECHNOLOGIES INC | $45.5M | 4.68% | 2,449,059 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $45.3M | 4.65% | 90,649 | Common | SOLE |
| 009066101 | ABNB | AIRBNB INC | $45.0M | 4.62% | 356,325 | Common | SOLE |
| 72703H101 | PLNT | PLANET FITNESS MASTER ISSUER | $44.9M | 4.61% | 603,926 | Common | SOLE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $44.4M | 4.56% | 1,388,269 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $43.5M | 4.47% | 1,983,683 | Common | SOLE |
| N07059210 | ASML | ASML HLDG NV | $43.5M | 4.46% | 32,909 | Common | SOLE |
| G4124C109 | GRAB | GRAB HOLDINGS LIMITED | $32.8M | 3.36% | 8,951,087 | Common | SOLE |
| 00751Y106 | AAP | ADVANCE AUTO PARTS INC | $26.8M | 2.75% | 507,900 | CALL | SOLE |
| 974155103 | WING | WINGSTOP INC | $26.8M | 2.75% | 172,808 | Common | SOLE |
| 35671D857 | FCX | FREEPORT MCMORAN INC | $23.5M | 2.41% | 399,816 | Common | SOLE |
| 21874C102 | CNM | CORE & MAIN INC | $20.0M | 2.06% | 405,639 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $14.2M | 1.46% | 571,154 | Common | SOLE |
| 760125104 | RTO | RENTOKIL INITIAL PLC | $10.5M | 1.08% | 334,758 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.