Institutional Manager · CIK 0002059671
Ampersand Capital Group, L.P.
BURLINGAME, CA · File #028-25482
Latest AUM
$224.3M
Positions
7
Top-10 Concentration
100.0%
Filings
5
Portfolio Value Over Time
2025-03
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 |
|---|---|---|---|---|---|
| ADD | MERCADOLIBRE INC | MELI | +3,850 | +$7.8M | -$5.4M |
| ADD | AXON ENTERPRISE INC | AXON | +9,479 | +$5.4M | -$3.5M |
| ADD | BOOKING HOLDINGS INC | BKNG | +380 | +$2.0M | -$163,676 |
| ADD | GLOBAL E ONLINE LTD | GLBE | +24,832 | +$976,146 | +$4.4M |
| REDUCE | DOORDASH INC | DASH | 0 | $0 | -$5.8M |
| REDUCE | PTC INC | PTC | 0 | $0 | -$5.6M |
| REDUCE | SHOPIFY INC | SHOP | 0 | $0 | +$2.3M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20257 pos · $224.3M
- 13F HOLDINGS REPORTQ/E Sep 20257 pos · $222.0M
- 13F HOLDINGS REPORTQ/E Jun 20257 pos · $201.0M
- 13F HOLDINGS REPORTQ/E Mar 20257 pos · $144.9M
- 13F HOLDINGS REPORTQ/E Mar 20257 pos · $149.3M
Top 7 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | GLOBAL E ONLINE LTD | GLBE | 1,264,906 | $49.7M | 22.17% |
| 2 | MERCADOLIBRE INC | MELI | 20,716 | $41.7M | 18.60% |
| 3 | PTC INC | PTC | 193,555 | $33.7M | 15.03% |
| 4 | SHOPIFY INC | SHOP | 184,763 | $29.7M | 13.26% |
| 5 | DOORDASH INC | DASH | 127,418 | $28.9M | 12.86% |
| 6 | BOOKING HOLDINGS INC | BKNG | 4,105 | $22.0M | 9.80% |
| 7 | AXON ENTERPRISE INC | AXON | 32,706 | $18.6M | 8.28% |