Fort Baker Capital Management LP

CIK

1688382

Location

Larkspur, CA

Portfolio Value

Micro $51,502,725

Diversification

Diversified

Filing Date

Global Rank

#2,509 / 8,420 ▲ 1390

Top Industry

Shell Companies 51.7%

3Y Alpha vs SPY

-24.4%

Period ended 6 months ago

Filed Feb 17, 2026 · 4mo

24 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

-10.5%

SPY

+76.3%

Annualised alpha

-24.4%

Max drawdown

−36.1%

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

42 positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

11.3%

−8.4 pts

Top 5

40.5%

−24.7 pts

Top 10

66.5%

−18.5 pts

HHI

544

Diversified−535

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Financial Services	46.9%	$225,651,621	28
Communication Services	17.2%	$82,782,703	3
Energy	10.8%	$51,850,968	4
Technology	10.7%	$51,502,725	2
Unclassified	9.4%	$45,190,418	2
Healthcare	4.6%	$22,044,687	2
Basic Materials	0.5%	$2,350,800	1

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
DRDB	Roman DBDR Acquisition Corp. II	+610,214	1,523,746	$15,892,670
GTEN	Gores Holdings X, Inc. / CI	+573,190	1,423,190	$14,587,697
EVAC	EQV Ventures Acquisition Corp. II	+250,000	300,000	$3,009,000
CCII	Cohen Circle Acquisition Corp. II	+152,248	352,248	$3,607,019
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
HVII	Hennessy Capital Investment Corp. VII	−45,000	963,922	$9,976,592
NESR	National Energy Services Reunited Corp.	−34,103	783,649	$12,271,943
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
WBD	Warner Bros. Discovery, Inc.	1,884,395	$54,308,263
CWAN	Clearwater Analytics Holdings, Inc.	1,529,288	$36,886,426
EXAS	EXACT SCIENCES CORP	357,000	$36,256,920
BCSS	Bain Capital GSS Investment Corp.	2,779,646	$28,018,831
CGCT	Cartesian Growth Corp III	2,529,121	$26,037,300
EA	Electronic Arts Inc.	115,709	$23,642,819
HOLX	HOLOGIC INC	279,139	$20,793,064
IMXI	International Money Express, Inc.	951,582	$14,616,299
SVAC	Spring Valley Acquisition Corp. III	950,500	$9,647,575
NGD	New Gold Inc. /FI	1,025,660	$8,933,498
GRAF	Graf Global Corp.	826,358	$8,887,480
DYOR	Insight Digital Partners II	691,455	$6,852,319
LBRDA	Liberty Broadband Corp	100,075	$4,831,621
TACO	Berto Acquisition Corp.	352,163	$3,570,932
APXT	Apex Treasury Corp	350,000	$3,461,500
AXIN	Axiom Intelligence Acquisition Corp 1	300,000	$3,018,000
VACI	Viking Acquisition Corp I	300,000	$2,970,000
EVOX	Evolution Global Acquisition Corp	300,000	$2,961,000
CENX	Century Aluminum Co	60,000	$2,350,800
AACB	Artius II Acquisition Inc.	207,736	$2,139,680
TDWD	Tailwind 2.0 Acquisition Corp.	150,000	$1,477,500
RCUS	Arcus Biosciences, Inc.	52,523	$1,251,623
KGS	Kodiak Gas Services, Inc.	29,800	$1,114,520
SOC	Sable Offshore Corp.	112,047	$1,010,663
POLE	Andretti Acquisition Corp. II	50,254	$528,169
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
TGNA	TEGNA INC	2,220,588	$45,144,554
UAA	Under Armour, Inc.	1,728,303	$8,624,231
DOLE	Dole plc	553,090	$7,433,529
COMP	Compass, Inc.	557,901	$4,479,945
DLO	dLocal Ltd	175,000	$2,499,000
RAPP	Rapport Therapeutics, Inc.	81,644	$2,424,826
RDW	Redwire Corp	210,000	$1,887,900
RIG	Transocean Ltd.	500,000	$1,560,000
CEPT	Cantor Equity Partners II, Inc.	73,432	$771,770
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

2 positions · $51,502,725 total · Technology only · as of Dec 31, 2025

All sectors Basic Materials Communication Services Energy Financial Services Healthcare Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio	History
CWAN	Clearwater Analytics Holdings, Inc. Technology	NEW	1,529,288	NEW	$36,886,426	NEW	71.62%
IMXI	International Money Express, Inc. Technology	NEW	951,582	NEW	$14,616,299	NEW	28.38%