Melvin Capital Management LP

CIK

1628110

Location

New York, NY

Portfolio Value

Mid $9,212,008,252

Diversification

Diversified

Filing Date

Global Rank

#433 / 6,901 ▼ 131 · as of Mar 2022

Top Industry

Software - Application 20.1%

Period ended 4 years ago

Filed May 16, 2022 · 4y

9 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2022, never from the firm's own description.

Style

Diversified active

Top 10 weight 43.3%, 30.9 effective positions, active share 89.2% against the Nasdaq-100 as of 2022-03-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

126.9% over the last four quarters (100%+)

Horizon

Horizon unknown

The value-weighted holding period is at least 4.8 quarters, but 20.3% of the book was already held when coverage starts

Closest benchmark: the Nasdaq-100 as of 2022-03-31, active share 89.2%; sector active share 47.4% against the combined 13F book's sector weights.

Over time 9 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

42 tracked positions · as of Mar 31, 2022 · Δ vs Dec 31, 2021

Top Position

6.1%

−2.9 pts

Top 5

24.5%

−4.7 pts

Top 10

43.0%

−4.4 pts

HHI

322

Diversified−37

Portfolio Trend

9 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2022

Sector	% Portfolio	Value	Positions
Consumer Cyclical	37.6%	$3,463,594,320	17
Technology	31.5%	$2,903,644,451	11
Communication Services	11.4%	$1,045,571,825	3
Consumer Defensive	5.9%	$540,473,448	3
Financial Services	5.4%	$500,096,802	2
Healthcare	3.2%	$294,852,607	2
Basic Materials	3.0%	$273,493,596	1
Real Estate	1.6%	$147,470,543	1
Industrials	0.5%	$42,810,660	1
Unclassified	0.0%	$0	1

Last Quarter's Activity

Export CSV

Mar 31, 2022 vs Dec 31, 2021

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
DT	Dynatrace, Inc.	+2,275,854	7,275,854	$342,692,723
CSGP	Costar Group, Inc.	+2,073,940	2,213,940	$147,470,543
MSFT	Microsoft Corp	+184,201	1,184,201	$365,101,010
CRL	Charles River Laboratories International, Inc.	+128,950	790,956	$224,607,775
AMZN	Amazon Com Inc	+83,884	133,884	$436,455,145
DPZ	Dominos Pizza Inc	+37,731	437,731	$178,160,894
No positions match the current search.

Trimmed

Positions the filer reduced

24 positions

Ticker	Company	Δ Shares	Shares	Value
COTY	Coty Inc.	−12,597,666	29,402,334	$264,326,982
PAGS	PagSeguro Digital Ltd.	−6,919,740	2,880,260	$57,749,213
BBWI	Bath & Body Works, Inc.	−6,286,339	3,913,661	$187,072,995
LYV	Live Nation Entertainment, Inc.	−4,990,687	4,809,313	$565,767,581
—		−4,019,113	5,480,887	$0
PRKS	United Parks & Resorts Inc.	−3,173,826	1,746,174	$129,985,192
TXRH	Texas Roadhouse, Inc.	−3,007,649	1,792,351	$150,073,549
H	Hyatt Hotels Corp	−2,272,121	2,677,879	$255,603,550
EXPE	Expedia Group, Inc.	−1,922,566	1,802,434	$352,682,260
BILL	BILL Holdings, Inc.	−1,377,993	1,622,007	$367,854,967
HLT	Hilton Worldwide Holdings Inc.	−1,281,167	3,195,833	$484,935,699
WMG	Warner Music Group Corp.	−970,880	6,514,120	$246,559,442
AAP	Advance Auto Parts Inc	−781,533	360,467	$74,602,250
MAR	Marriott International Inc	−740,320	1,704,680	$299,597,510
DDOG	Datadog, Inc.	−622,946	2,652,054	$401,706,619
FND	Floor & Decor Holdings, Inc.	−605,465	605,535	$49,048,335
SNOW	Snowflake Inc.	−472,273	952,727	$218,298,337
ALGN	Align Technology Inc	−463,888	161,112	$70,244,832
NOW	ServiceNow, Inc.	−147,319	437,681	$243,740,172
IT	Gartner Inc	−81,049	823,951	$245,092,464
UBER	Uber Technologies, Inc	−76,359	7,723,641	$275,579,510
ASML	Asml Holding NV	−67,543	257,457	$171,963,254
RACE	Ferrari N.V.	−45,821	1,444,179	$314,960,998
MRVL	Marvell Technology, Inc.	−17,624	2,982,376	$213,866,182
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
V	Visa Inc.	1,493,409	$331,193,313
MLM	Martin Marietta Materials Inc	710,576	$273,493,596
SPOT	Spotify Technology S.A.	1,544,463	$233,244,802
DLTR	Dollar Tree, Inc.	1,390,473	$222,684,250
SPGI	S&P Global Inc.	411,779	$168,903,489
MGM	MGM Resorts International	3,573,801	$149,885,213
TCOM	Trip.com Group Ltd	6,066,543	$140,258,474
AZO	Autozone Inc	61,758	$126,269,171
CPRI	Capri Holdings Ltd	2,265,637	$116,431,085
DE	Deere & Co	103,044	$42,810,660
No positions match the current search.

Sold Out

Positions the filer fully exited

16 positions

Ticker	Company	Shares	Value
EFX	Equifax Inc	1,505,000	$440,648,950
META	Meta Platforms, Inc.	850,000	$285,897,500
AFRM	Affirm Holdings, Inc.	2,700,000	$271,512,000
DASH	DoorDash, Inc.	1,800,000	$268,020,000
—		8,100,000	$235,953,000
BURL	Burlington Stores, Inc.	730,000	$212,802,300
LOW	Lowes Companies Inc	700,000	$180,936,000
SNAP	Snap Inc	3,500,000	$164,605,000
MNST	Monster Beverage Corp	1,300,000	$124,852,000
GNRC	Generac Holdings Inc.	300,000	$105,576,000
AMPL	Amplitude, Inc.	1,750,000	$92,645,000
HTZ	Hertz Global Holdings, Inc	3,200,000	$79,968,000
SIG	Signet Jewelers Ltd	675,000	$58,745,250
CELH	Celsius Holdings, Inc.	420,000	$31,319,442
TTWO	Take Two Interactive Software Inc	150,000	$26,658,000
OPEN	Opendoor Technologies Inc.	1,000,000	$14,610,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

42 tracked positions · $9,212,008,252 total · filing declares 45 positions · $9,859,904,000 · as of Mar 31, 2022

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
LYV	Live Nation Entertainment, Inc. Communication Services	Reduced	4,809,313	-8,990,687	$565,767,581	−65.7%	7	$91.18	6.14%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Reduced	3,195,833	-3,781,167	$484,935,699	−55.4%	8	$110.65	5.26%
AMZN	Amazon Com Inc Consumer Cyclical	Added	133,884	+83,884	$436,455,145	+161.8%	9+	before history	4.74%
DDOG	Datadog, Inc. Technology	Reduced	2,652,054	-1,622,946	$401,706,619	−47.2%	4	$124.83	4.36%
BILL	BILL Holdings, Inc. Technology	Reduced	1,622,007	-2,277,993	$367,854,967	−62.1%	5	$201.94	3.99%
MSFT	Microsoft Corp Technology	Added	1,184,201	+184,201	$365,101,010	+8.6%	4	$267.36	3.96%
EXPE	Expedia Group, Inc. Consumer Cyclical	Reduced	1,802,434	-2,972,566	$352,682,260	−59.1%	9+	before history	3.83%
DT	Dynatrace, Inc. Technology	Reduced	7,275,854	-2,024,146	$342,692,723	−38.9%	4	$59.15	3.72%
V	Visa Inc. Financial Services	NEW	1,493,409	NEW	$331,193,313	NEW	1	$216.28	3.60%
RACE	Ferrari N.V. Consumer Cyclical	Reduced	1,444,179	-45,821	$314,960,998	−18.3%	9+	before history	3.42%
COTY	Coty Inc. CALL + SHARES Consumer Defensive	Reduced	34,554,534	-14,145,466	$310,645,260	−39.2%	6	$8.89	3.37%
MAR	Marriott International Inc Consumer Cyclical	Reduced	1,704,680	-1,540,320	$299,597,510	−44.1%	3	$141.38	3.25%
UBER	Uber Technologies, Inc Technology	Reduced	7,723,641	-8,076,359	$275,579,510	−58.4%	2	$43.11	2.99%
MLM	Martin Marietta Materials Inc Basic Materials	NEW	710,576	NEW	$273,493,596	NEW	1	$387.54	2.97%
H	Hyatt Hotels Corp Consumer Cyclical	Reduced	2,677,879	-2,272,121	$255,603,550	−46.2%	9+	before history	2.77%
WMG	Warner Music Group Corp. Communication Services	Reduced	6,514,120	-970,880	$246,559,442	−23.7%	3	$41.43	2.68%
IT	Gartner Inc Technology	Reduced	823,951	-81,049	$245,092,464	−19.0%	9+	before history	2.66%
NOW	ServiceNow, Inc. Technology	Reduced	437,681	-247,319	$243,740,172	−45.2%	9+	before history	2.65%
SPOT	Spotify Technology S.A. Communication Services	NEW	1,544,463	NEW	$233,244,802	NEW	1	$170.66	2.53%
CRL	Charles River Laboratories International, Inc. Healthcare	Added	790,956	+128,950	$224,607,775	−10.0%	3	$388.15	2.44%
DLTR	Dollar Tree, Inc. Consumer Defensive	NEW	1,390,473	NEW	$222,684,250	NEW	1	$141.45	2.42%
SNOW	Snowflake Inc. Technology	Reduced	952,727	-1,072,273	$218,298,337	−68.2%	5	$259.77	2.37%
MRVL	Marvell Technology, Inc. Technology	Reduced	2,982,376	-17,624	$213,866,182	−18.5%	2	$74.69	2.32%
BBWI	Bath & Body Works, Inc. Consumer Cyclical	Reduced	3,913,661	-7,386,339	$187,072,995	−76.3%	3	unpriced	2.03%
DPZ	Dominos Pizza Inc Consumer Cyclical	Reduced	437,731	-62,269	$178,160,894	−36.9%	4	$425.04	1.93%
ASML	Asml Holding NV Technology	Reduced	257,457	-67,543	$171,963,254	−33.5%	3	$786.67	1.87%
SPGI	S&P Global Inc. Financial Services	NEW	411,779	NEW	$168,903,489	NEW	1	unpriced	1.83%
TXRH	Texas Roadhouse, Inc. Consumer Cyclical	Reduced	1,792,351	-5,107,649	$150,073,549	−75.6%	8	$74.70	1.63%
MGM	MGM Resorts International Consumer Cyclical	NEW	3,573,801	NEW	$149,885,213	NEW	1	$43.01	1.63%
CSGP	Costar Group, Inc. Real Estate	Added	2,213,940	+2,073,940	$147,470,543	+1232.9%	2	$67.50	1.60%
TCOM	Trip.com Group Ltd Consumer Cyclical	NEW	6,066,543	NEW	$140,258,474	NEW	1	$25.20	1.52%
PRKS	United Parks & Resorts Inc. Consumer Cyclical	Reduced	1,746,174	-3,573,826	$129,985,192	−62.3%	5	$52.06	1.41%
AZO	Autozone Inc Consumer Cyclical	NEW	61,758	NEW	$126,269,171	NEW	1	$1,954.33	1.37%
CPRI	Capri Holdings Ltd Consumer Cyclical	NEW	2,265,637	NEW	$116,431,085	NEW	1	$59.89	1.26%
AAP	Advance Auto Parts Inc Consumer Cyclical	Reduced	360,467	-781,533	$74,602,250	−72.8%	2	$228.41	0.81%
ALGN	Align Technology Inc Healthcare	Reduced	161,112	-763,888	$70,244,832	−88.4%	7	$540.33	0.76%
PAGS	PagSeguro Digital Ltd. Technology	Reduced	2,880,260	-16,919,740	$57,749,213	−88.9%	6	$44.46	0.63%
FND	Floor & Decor Holdings, Inc. Consumer Cyclical	Reduced	605,535	-605,465	$49,048,335	−68.8%	3	$124.63	0.53%
DE	Deere & Co Industrials	NEW	103,044	NEW	$42,810,660	NEW	1	$383.20	0.46%
MLCO	Melco Resorts & Entertainment LTD CALL Consumer Cyclical	Held	2,300,000	0	$17,572,000	−25.0%	—	—	0.19%
LAUR	Laureate Education, Inc. Consumer Defensive	Held	602,864	0	$7,143,938	−3.2%	9+	before history	0.08%
		Reduced	5,480,887	-7,619,113	$0	—	9+	before history	0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.