Institutional Manager · CIK 0001666231
Union Square Park Capital Management, LLC
New York, NY · File #028-20778
Latest AUM
$208.0M
Positions
49
Top-10 Concentration
58.2%
Filings
10
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | SPDR S&P 500 ETF TR | SPY | -48,000 | -$32.7M | +$1.5M |
| REDUCE | ISHARES TR | 464287655 | -95,000 | -$23.4M | +$483,000 |
| ADD | INVESCO QQQ TR | IVZ | +25,000 | +$15.4M | +$348,500 |
| REDUCE | ESTABLISHMENT LABS HLDGS INC | ESTA | -85,000 | -$6.2M | +$5.6M |
| EXITED | UNITEDHEALTH GROUP INC | 91324P102 | -15,000 | -$5.2M | $0 |
| EXITED | MOHAWK INDS INC | 608190104 | -40,000 | -$5.2M | $0 |
| REDUCE | COMPASS INC | COMP | -482,113 | -$5.1M | +$2.9M |
| ADD | TELADOC HEALTH INC | TDOC | +700,000 | +$4.9M | -$219,000 |
| REDUCE | DESIGNER BRANDS INC | DBI | -500,000 | -$3.7M | +$3.9M |
| ADD | PELOTON INTERACTIVE INC | PTON | +600,000 | +$3.7M | -$1.4M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202549 pos · $208.0M
- 13F HOLDINGS REPORTQ/E Sep 202556 pos · $281.1M
- 13F HOLDINGS REPORTQ/E Jun 202551 pos · $238.0M
- 13F HOLDINGS REPORTQ/E Mar 202544 pos · $152.5M
- 13F HOLDINGS REPORTQ/E Dec 202433 pos · $155.1M
- 13F HOLDINGS REPORTQ/E Sep 202434 pos · $137.8M
- 13F HOLDINGS REPORTQ/E Jun 202431 pos · $112.8M
- 13F HOLDINGS REPORT (Amended)Q/E Mar 202429 pos · $125.6M
- 13F HOLDINGS REPORTQ/E Mar 202429 pos · $125.6M
- 13F HOLDINGS REPORTQ/E Dec 202330 pos · $86.9M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | INVESCO QQQ TR | IVZ | 50,000 | $30.7M | 14.77% |
| 2 | SPDR S&P 500 ETF TR | SPY | 45,000 | $30.7M | 14.75% |
| 3 | RH | RH | 55,000 | $9.9M | 4.74% |
| 4 | RIDENOW GROUP INC | RDNW | 1,587,491 | $8.8M | 4.21% |
| 5 | CAESARS ENTERTAINMENT INC NE | 12769G100 | 340,000 | $8.0M | 3.82% |
| 6 | COMPASS INC | COMP | 667,287 | $7.1M | 3.39% |
| 7 | TELADOC HEALTH INC | TDOC | 1,000,000 | $7.0M | 3.37% |
| 8 | PELOTON INTERACTIVE INC | PTON | 1,100,000 | $6.8M | 3.26% |
| 9 | ESTABLISHMENT LABS HLDGS INC | ESTA | 90,000 | $6.6M | 3.15% |
| 10 | PAYPAL HLDGS INC | PYPL | 97,500 | $5.7M | 2.74% |
| 11 | INDUSTRIAL LOGISTICS PPTYS T | 456237106 | 930,000 | $5.2M | 2.48% |
| 12 | ISHARES TR | 464287655 | 20,000 | $4.9M | 2.37% |
| 13 | LYFT INC | LYFT | 250,000 | $4.8M | 2.33% |
| 14 | LYFT INC | LYFT | 245,000 | $4.7M | 2.28% |
| 15 | AIRBNB INC | ABNB | 30,000 | $4.1M | 1.96% |
| 16 | AIRBNB INC | ABNB | 30,000 | $4.1M | 1.96% |
| 17 | APARTMENT INVT & MGMT CO | APA | 650,000 | $3.9M | 1.86% |
| 18 | DESIGNER BRANDS INC | DBI | 500,000 | $3.7M | 1.79% |
| 19 | SPORTSMANS WHSE HLDGS INC | 84920Y106 | 2,378,681 | $3.5M | 1.67% |
| 20 | ENVIRI CORP | NVRI | 180,000 | $3.2M | 1.55% |