Union Square Park Capital Management, LLC

CIK

1666231

Location

New York, NY

Portfolio Value

Small $143,425,901

Diversification

Diversified

Filing Date

Global Rank

#4,943 / 8,622 ▼ 617 · as of Mar 2026

Top Industry

Specialty Retail 11.9%

3Y Alpha vs SPY

-5.3%

Period ended 4 months ago

Filed May 15, 2026 · 2mo

22 quarters · since Dec 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Not a measure of this manager's performance. Most of Union Square Park Capital Management, LLC's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 67% that is ordinary stock — as little as 45% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+45.9%

SPY

+67.9%

Annualised alpha

-5.4%

Max drawdown

−30.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 67% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

15.9%

+0.5 pts

Top 5

41.8%

−3.8 pts

Top 10

57.9%

−7.4 pts

HHI

537

Diversified−143

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	30.0%	$43,063,246	13
Unclassified	25.3%	$36,223,500	3
Technology	12.8%	$18,387,925	11
Real Estate	9.3%	$13,307,244	4
Industrials	7.9%	$11,296,835	11
Utilities	6.2%	$8,878,100	5
Healthcare	4.2%	$5,961,900	1
Communication Services	2.2%	$3,112,800	1
Basic Materials	1.8%	$2,615,700	2
Financial Services	0.4%	$578,651	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
AIV	Apartment Investment & Management Co	+475,000	1,125,000	$4,578,750
PTON	Peloton Interactive, Inc.	+400,000	1,500,000	$6,435,000
SPWH	Sportsman's Warehouse Holdings, Inc.	+222,121	2,600,802	$3,667,130
ESTA	Establishment Labs Holdings Inc.	+15,000	105,000	$5,961,900
RH	Rh	+10,000	65,000	$9,088,300
DDOG	Datadog, Inc.	+7,500	15,000	$1,770,750
ANET	Arista Networks, Inc.	+5,000	15,000	$1,841,700
AVGO	Broadcom Inc.	+4,000	7,500	$2,321,325
No positions match the current search.

Trimmed

Positions the filer reduced

11 positions

Ticker	Company	Δ Shares	Shares	Value
COMP	Compass, Inc.	−392,287	575,000	$4,203,250
CZR	Caesars Entertainment, Inc.	−260,000	80,000	$2,114,400
LYFT	Lyft, Inc.	−195,000	300,000	$3,990,000
ILPT	Industrial Logistics Properties Trust	−167,162	762,838	$4,332,919
RDNW	RideNow Group, Inc.	−154,670	1,432,821	$10,115,716
LION	Lionsgate Studios Corp.	−100,000	200,000	$1,918,000
NVRI	Enviri Corp	−80,000	100,000	$0
QQQ	Invesco Qqq Trust, Series 1	−30,000	20,000	$11,543,600
ABNB	Airbnb, Inc.	−30,000	30,000	$3,788,400
FTHM	Fathom Holdings Inc.	−18,669	362,879	$192,325
SPY	Spdr S&P 500 ETF Trust	−10,000	35,000	$22,761,900
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
NBIS	Nebius Group N.V.	30,000	$3,112,800
VRT	Vertiv Holdings Co	10,000	$2,505,800
AMZN	Amazon Com Inc	10,000	$2,082,700
FCX	Freeport-Mcmoran Inc	30,000	$1,763,400
MNRO	Monro, Inc.	100,000	$1,604,000
CORZ	Core Scientific, Inc./tx	100,000	$1,496,000
DRS	Leonardo DRS, Inc.	30,000	$1,335,600
JBLU	Jetblue Airways Corp	300,000	$1,326,000
AAPL	Apple Inc.	5,000	$1,268,950
LHX	L3harris Technologies, Inc. /De/	3,500	$1,208,025
UAL	United Airlines Holdings, Inc.	12,500	$1,150,875
SKY	Champion Homes, Inc.	15,000	$1,115,550
AAL	American Airlines Group Inc.	100,000	$1,074,000
MHK	Mohawk Industries Inc	10,000	$984,600
GNRC	Generac Holdings Inc.	5,000	$976,650
ONDS	Ondas Inc.	100,000	$904,000
LEN	Lennar Corp /New/	10,000	$868,400
JHX	James Hardie Industries plc	45,000	$852,300
BLDR	Builders FirstSource, Inc.	10,000	$823,300
GRBK	Green Brick Partners, Inc.	10,000	$644,500
LASR	Nlight, Inc.	10,000	$570,200
HOV	Hovnanian Enterprises Inc	5,000	$554,550
LPTH	Lightpath Technologies Inc	50,000	$501,500
OPRT	Oportun Financial Corp	100,000	$461,000
AVAV	AeroVironment Inc	2,500	$457,625
No positions match the current search.

Sold Out

Positions the filer fully exited

17 positions

Ticker	Company	Shares	Value
PYPL	PayPal Holdings, Inc.	127,500	$7,443,450
TDOC	Teladoc Health, Inc.	1,000,000	$7,000,000
DBI	Designer Brands Inc.	500,000	$3,715,000
QCOM	Qualcomm Inc/De	15,000	$2,565,750
HGV	Hilton Grand Vacations Inc.	55,000	$2,461,250
SSTK	Shutterstock, Inc.	110,000	$2,101,000
DELL	Dell Technologies Inc.	15,000	$1,888,200
META	Meta Platforms, Inc.	2,500	$1,650,225
BILL	BILL Holdings, Inc.	30,000	$1,636,200
CHKP	Check Point Software Technologies Ltd	7,500	$1,391,700
NTAP	NetApp, Inc.	12,500	$1,338,625
CARR	CARRIER GLOBAL Corp	25,000	$1,321,000
GTEN	Gores Holdings X, Inc. / CI	100,000	$1,025,000
MSFT	Microsoft Corp	2,000	$967,240
QNCX	Quince Therapeutics, Inc.	224,746	$752,899
CTLP	Cantaloupe, Inc.	53,735	$570,665
GDEN	NEW ROYAL HOLDCO I INC.	16,190	$440,206
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

53 tracked positions · $143,425,901 total · filing declares 58 positions · $176,081,741 · as of Mar 31, 2026

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

Showing 1–50 of 53 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust PUT	Reduced	35,000	-10,000	$22,761,900	−25.8%	15.87%
QQQ	Invesco Qqq Trust, Series 1 PUT	Reduced	20,000	-30,000	$11,543,600	−62.4%	8.05%
RDNW	RideNow Group, Inc. Consumer Cyclical	Reduced	1,432,821	-154,670	$10,115,716	+15.4%	7.05%
RH	Rh Consumer Cyclical	Added	65,000	+10,000	$9,088,300	−7.8%	6.34%
PTON	Peloton Interactive, Inc. Consumer Cyclical	Added	1,500,000	+400,000	$6,435,000	−5.0%	4.49%
ESTA	Establishment Labs Holdings Inc. Healthcare	Added	105,000	+15,000	$5,961,900	−9.1%	4.16%
AIV	Apartment Investment & Management Co Real Estate	Added	1,125,000	+475,000	$4,578,750	+18.6%	3.19%
ILPT	Industrial Logistics Properties Trust Real Estate	Reduced	762,838	-167,162	$4,332,919	−15.9%	3.02%
COMP	Compass, Inc. Real Estate	Reduced	575,000	-392,287	$4,203,250	−58.9%	2.93%
LYFT	Lyft, Inc. Technology	Reduced	300,000	-195,000	$3,990,000	−58.4%	2.78%
ABNB	Airbnb, Inc. Consumer Cyclical	Reduced	30,000	-30,000	$3,788,400	−53.5%	2.64%
SPWH	Sportsman's Warehouse Holdings, Inc. Consumer Cyclical	Reduced	2,600,802	-2,160,938	$3,667,130	−47.3%	2.56%
NBIS	Nebius Group N.V. Communication Services	NEW	30,000	NEW	$3,112,800	NEW	2.17%
CTRI	Centuri Holdings, Inc. Utilities	Held	100,000	0	$2,921,000	+15.7%	2.04%
VRT	Vertiv Holdings Co Industrials	NEW	10,000	NEW	$2,505,800	NEW	1.75%
AVGO	Broadcom Inc. Technology	Added	7,500	+4,000	$2,321,325	+91.6%	1.62%
CZR	Caesars Entertainment, Inc. Consumer Cyclical	Reduced	80,000	-260,000	$2,114,400	−73.4%	1.47%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	10,000	NEW	$2,082,700	NEW	1.45%
AMD	Advanced Micro Devices Inc Technology	Held	10,000	0	$2,034,300	−5.0%	1.42%
LION	Lionsgate Studios Corp.	Reduced	200,000	-100,000	$1,918,000	−30.0%	1.34%
ANET	Arista Networks, Inc. Technology	Added	15,000	+5,000	$1,841,700	+40.6%	1.28%
DDOG	Datadog, Inc. Technology	Added	15,000	+7,500	$1,770,750	+73.6%	1.23%
FCX	Freeport-Mcmoran Inc Basic Materials	NEW	30,000	NEW	$1,763,400	NEW	1.23%
MU	Micron Technology Inc Technology	Held	5,000	0	$1,689,200	+18.4%	1.18%
MNRO	Monro, Inc. Consumer Cyclical	NEW	100,000	NEW	$1,604,000	NEW	1.12%
TLN	Talen Energy Corp Utilities	Held	5,000	0	$1,596,150	−14.8%	1.11%
VST	Vistra Corp. Utilities	Held	10,000	0	$1,503,300	−6.8%	1.05%
CORZ	Core Scientific, Inc./tx Technology	NEW	100,000	NEW	$1,496,000	NEW	1.04%
NRG	Nrg Energy, Inc. Utilities	Held	10,000	0	$1,461,400	−8.2%	1.02%
CEG	Constellation Energy Corp Utilities	Held	5,000	0	$1,396,250	−21.0%	0.97%
DRS	Leonardo DRS, Inc. Industrials	NEW	30,000	NEW	$1,335,600	NEW	0.93%
JBLU	Jetblue Airways Corp CALL + SHARES Industrials	NEW	300,000	NEW	$1,326,000	NEW	0.92%
AAPL	Apple Inc. Technology	NEW	5,000	NEW	$1,268,950	NEW	0.88%
LHX	L3harris Technologies, Inc. /De/ Industrials	NEW	3,500	NEW	$1,208,025	NEW	0.84%
UAL	United Airlines Holdings, Inc. Industrials	NEW	12,500	NEW	$1,150,875	NEW	0.80%
SKY	Champion Homes, Inc. Consumer Cyclical	NEW	15,000	NEW	$1,115,550	NEW	0.78%
AAL	American Airlines Group Inc. Industrials	NEW	100,000	NEW	$1,074,000	NEW	0.75%
MHK	Mohawk Industries Inc Consumer Cyclical	NEW	10,000	NEW	$984,600	NEW	0.69%
GNRC	Generac Holdings Inc. Industrials	NEW	5,000	NEW	$976,650	NEW	0.68%
ONDS	Ondas Inc. Technology	NEW	100,000	NEW	$904,000	NEW	0.63%
LEN	Lennar Corp /New/ Consumer Cyclical	NEW	10,000	NEW	$868,400	NEW	0.61%
JHX	James Hardie Industries plc Basic Materials	NEW	45,000	NEW	$852,300	NEW	0.59%
BLDR	Builders FirstSource, Inc. Industrials	NEW	10,000	NEW	$823,300	NEW	0.57%
GRBK	Green Brick Partners, Inc. Consumer Cyclical	NEW	10,000	NEW	$644,500	NEW	0.45%
LASR	Nlight, Inc. Technology	NEW	10,000	NEW	$570,200	NEW	0.40%
HOV	Hovnanian Enterprises Inc Consumer Cyclical	NEW	5,000	NEW	$554,550	NEW	0.39%
LPTH	Lightpath Technologies Inc Technology	NEW	50,000	NEW	$501,500	NEW	0.35%
OPRT	Oportun Financial Corp Financial Services	NEW	100,000	NEW	$461,000	NEW	0.32%
AVAV	AeroVironment Inc Industrials	NEW	2,500	NEW	$457,625	NEW	0.32%
MOG-A	Moog Inc. Industrials	NEW	1,500	NEW	$438,960	NEW	0.31%

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.