Two Creeks Capital Management, LP

CIK

1606430

Location

New York, NY

Portfolio Value

Small $973,834,291

Diversification

Diversified

Filing Date

Global Rank

#1,536 / 8,232 ▼ 88

Top Industry

Software - Application 15.1%

3Y Alpha vs SPY

-16.4%

Period ended 2 months ago

Filed May 15, 2026 · 30d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+14.5%

SPY

+76.3%

Annualised alpha

-16.2%

Max drawdown

−20.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

22 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.4%

+0.5 pts

Top 5

34.8%

+5.6 pts

Top 10

61.4%

+9.3 pts

HHI

529

Diversified+89

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	37.2%	$361,956,062	7
Consumer Cyclical	25.4%	$246,874,818	6
Financial Services	13.0%	$126,236,768	3
Industrials	7.8%	$76,104,753	3
Utilities	7.4%	$71,756,200	1
Healthcare	6.9%	$67,404,506	1
Basic Materials	2.4%	$23,501,184	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
U	Unity Software Inc.	+919,910	1,983,683	$43,522,005
UBER	Uber Technologies, Inc	+239,694	988,442	$71,098,633
PLNT	Planet Fitness, Inc.	+142,720	603,926	$44,920,015
TLN	Talen Energy Corp	+91,817	224,779	$71,756,200
DHR	Danaher Corp /De/	+88,180	355,509	$67,404,506
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+86,829	181,939	$61,486,285
GRAB	Grab Holdings Ltd	+69,703	8,951,087	$32,760,978
MSFT	Microsoft Corp	+54,624	158,604	$58,710,442
ABNB	Airbnb, Inc.	+2,775	356,325	$44,996,721
V	Visa Inc.	+1,588	220,794	$66,732,778
WING	Wingstop Inc.	+1,346	172,808	$26,780,055
MA	Mastercard Inc	+651	90,649	$45,293,679
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
MIR	Mirion Technologies, Inc.	−474,743	2,449,059	$45,528,006
CMG	Chipotle Mexican Grill Inc	−376,878	1,388,269	$44,438,490
FND	Floor & Decor Holdings, Inc.	−213,141	1,160,390	$58,947,812
HDB	Hdfc Bank Ltd	−172,177	571,154	$14,210,311
ASML	Asml Holding NV	−19,716	32,909	$43,467,194
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
ESE	Esco Technologies Inc	180,938	$50,910,525
AAP	Advance Auto Parts Inc	507,900	$26,791,725
FCX	Freeport-Mcmoran Inc	399,816	$23,501,184
CNM	Core & Main, Inc.	405,639	$20,038,566
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
LOW	Lowes Companies Inc	240,807	$58,073,016
CPNG	Coupang, Inc.	2,228,146	$52,561,964
DKNG	DraftKings Inc.	1,120,460	$38,611,051
EXE	EXPAND ENERGY Corp	344,837	$38,056,211
EQT	EQT Corp	707,665	$37,930,844
ENTG	Entegris Inc	431,421	$36,347,219
AMZN	Amazon Com Inc	147,575	$34,063,261
IBN	Icici Bank Ltd	115,114	$3,430,397
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

22 positions · $973,834,291 total · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TLN	Talen Energy Corp Utilities	Added	224,779	+91,817	$71,756,200	+44.0%	7.37%
UBER	Uber Technologies, Inc Technology	Added	988,442	+239,694	$71,098,633	+16.2%	7.30%
DHR	Danaher Corp /De/ Healthcare	Added	355,509	+88,180	$67,404,506	+10.1%	6.92%
V	Visa Inc. Financial Services	Added	220,794	+1,588	$66,732,778	−13.2%	6.85%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	181,939	+86,829	$61,486,285	+112.7%	6.31%
FND	Floor & Decor Holdings, Inc. Consumer Cyclical	Reduced	1,160,390	-213,141	$58,947,812	−29.5%	6.05%
MSFT	Microsoft Corp Technology	Added	158,604	+54,624	$58,710,442	+16.8%	6.03%
ESE	Esco Technologies Inc Technology	NEW	180,938	NEW	$50,910,525	NEW	5.23%
MIR	Mirion Technologies, Inc. Industrials	Reduced	2,449,059	-474,743	$45,528,006	−33.5%	4.68%
MA	Mastercard Inc Financial Services	Added	90,649	+651	$45,293,679	−11.8%	4.65%
ABNB	Airbnb, Inc. Consumer Cyclical	Added	356,325	+2,775	$44,996,721	−6.2%	4.62%
PLNT	Planet Fitness, Inc. Consumer Cyclical	Added	603,926	+142,720	$44,920,015	−10.2%	4.61%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Reduced	1,388,269	-376,878	$44,438,490	−32.0%	4.56%
U	Unity Software Inc. Technology	Added	1,983,683	+919,910	$43,522,005	−7.4%	4.47%
ASML	Asml Holding NV Technology	Reduced	32,909	-19,716	$43,467,194	−22.8%	4.46%
GRAB	Grab Holdings Ltd Technology	Added	8,951,087	+69,703	$32,760,978	−26.1%	3.36%
AAP	Advance Auto Parts Inc Consumer Cyclical	NEW	507,900	NEW	$26,791,725	NEW	2.75%
WING	Wingstop Inc. Consumer Cyclical	Added	172,808	+1,346	$26,780,055	−34.5%	2.75%
FCX	Freeport-Mcmoran Inc Basic Materials	NEW	399,816	NEW	$23,501,184	NEW	2.41%
CNM	Core & Main, Inc. Industrials	NEW	405,639	NEW	$20,038,566	NEW	2.06%
HDB	Hdfc Bank Ltd Financial Services	Reduced	571,154	-172,177	$14,210,311	−47.7%	1.46%
RTO	Rentokil Initial PLC /Fi Industrials	Held	334,758	0	$10,538,181	+6.9%	1.08%