Institutional Manager · CIK 0002042091
Whitebark Investors LP
Incline Village, NV · File #028-25160
Latest AUM
$166.0M
Positions
9
Top-10 Concentration
100.0%
Filings
6
Portfolio Value Over Time
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 |
|---|---|---|---|---|---|
| EXITED | TELEPHONE & DATA SYS INC | 879433829 | -729,194 | -$28.6M | $0 |
| ADD | GROCERY OUTLET HLDG CORP | GO | +969,274 | +$9.8M | -$3.9M |
| EXITED | THERMO FISHER SCIENTIFIC INC | 883556102 | -15,800 | -$7.7M | $0 |
| REDUCE | MICROSOFT CORP | MSFT | -15,280 | -$7.4M | -$2.3M |
| ADD | KLARNA GROUP PLC | KLAR | +207,378 | +$6.0M | -$464,400 |
| ADD | GLOBAL E ONLINE LTD | GLBE | +145,332 | +$5.7M | +$1.6M |
| REDUCE | GOOSEHEAD INS INC | GSHD | -69,686 | -$5.1M | -$261,036 |
| NEW | SHENANDOAH TELECOMMUNICATION | SHEN | +423,063 | +$4.9M | $0 |
| ADD | COUPANG INC | CPNG | +128,565 | +$3.0M | -$7.9M |
| REDUCE | BLEND LABS INC | BLND | -496,940 | -$1.5M | -$3.4M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20259 pos · $166.0M
- 13F HOLDINGS REPORTQ/E Sep 202510 pos · $210.0M
- 13F HOLDINGS REPORT (Amended)Q/E Jun 20259 pos · $207.1M
- 13F HOLDINGS REPORTQ/E Jun 20257 pos · $158.6M
- 13F HOLDINGS REPORTQ/E Mar 20259 pos · $190.7M
- 13F HOLDINGS REPORTQ/E Dec 20249 pos · $215.8M
Top 9 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | FLUTTER ENTMT PLC | G3643J108 | 134,766 | $29.0M | 17.46% |
| 2 | COUPANG INC | CPNG | 1,050,996 | $24.8M | 14.94% |
| 3 | MICROSOFT CORP | MSFT | 50,859 | $24.6M | 14.82% |
| 4 | GLOBAL E ONLINE LTD | GLBE | 595,432 | $23.4M | 14.10% |
| 5 | GOOSEHEAD INS INC | GSHD | 269,322 | $19.8M | 11.95% |
| 6 | GROCERY OUTLET HLDG CORP | GO | 1,619,274 | $16.4M | 9.85% |
| 7 | BLEND LABS INC | BLND | 5,069,258 | $15.4M | 9.28% |
| 8 | KLARNA GROUP PLC | KLAR | 267,378 | $7.7M | 4.66% |
| 9 | SHENANDOAH TELECOMMUNICATION | SHEN | 423,063 | $4.9M | 2.95% |