XN LP

CIK

1756558

Location

New York, NY

Portfolio Value

Mid $2,637,658,493

Diversification

Diversified

Filing Date

Global Rank

#832 / 8,232 ▼ 96

Top Industry

Entertainment 16.7%

3Y Alpha vs SPY

+0.2%

Period ended 2 months ago

Filed May 15, 2026 · 30d

18 quarters · since Dec 2021

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

+77.0%

SPY

+76.3%

Annualised alpha

+0.2%

Max drawdown

−23.3%

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

14.5%

−2.8 pts

Top 5

43.0%

−1.9 pts

Top 10

70.7%

+2.4 pts

HHI

661

Diversified−33

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	36.7%	$969,073,701	8
Communication Services	20.9%	$551,004,054	3
Basic Materials	18.1%	$478,581,513	3
Industrials	12.4%	$326,998,430	5
Consumer Cyclical	9.8%	$257,786,859	2
Real Estate	2.1%	$54,213,936	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
SOLS	Solstice Advanced Materials Inc.	+1,953,594	2,665,268	$202,986,810
AMAT	Applied Materials Inc /De	+146,340	483,240	$165,166,599
FERG	Ferguson Enterprises Inc. /DE/	+32,911	245,421	$57,246,902
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
TOST	Toast, Inc.	−2,478,462	6,509,924	$172,578,085
TKO	TKO Group Holdings, Inc.	−971,430	1,895,513	$382,230,196
WBD	Warner Bros. Discovery, Inc.	−946,231	2,138,141	$58,713,351
CBRE	Cbre Group, Inc.	−514,846	400,221	$54,213,936
JCI	Johnson Controls International plc	−281,655	164,786	$21,578,726
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−242,788	571,078	$192,995,810
FIG	Figma, Inc.	−184,529	361,779	$7,648,008
PCOR	Procore Technologies, Inc.	−105,005	2,218,026	$126,427,482
SHW	Sherwin Williams Co	−88,451	571,278	$183,123,162
SPOT	Spotify Technology S.A.	−77,631	226,971	$110,060,507
NVDA	Nvidia Corp	−65,579	529,570	$92,357,008
AMZN	Amazon Com Inc	−15,526	565,228	$117,720,035
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
MOD	Modine Manufacturing Co	646,333	$140,066,824
GLW	Corning Inc /Ny	1,010,411	$137,385,583
WDC	Western Digital Corp	275,482	$74,515,126
CRS	Carpenter Technology Corp	188,797	$74,414,337
BE	Bloom Energy Corp	90,257	$12,228,920
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
UNP	Union Pacific Corp	691,658	$159,994,328
RDDT	Reddit, Inc.	686,301	$157,760,010
TRU	TransUnion	1,748,965	$149,973,748
CRM	Salesforce, Inc.	403,232	$106,820,189
MDLN	Medline Inc.	1,502,000	$63,084,000
CNM	Core & Main, Inc.	698,200	$36,285,454
META	Meta Platforms, Inc.	51,313	$33,871,198
MSFT	Microsoft Corp	56,689	$27,415,934
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

22 positions · $2,637,658,493 total · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TKO	TKO Group Holdings, Inc. Communication Services	Reduced	1,895,513	-971,430	$382,230,196	−36.2%	14.49%
SOLS	Solstice Advanced Materials Inc. Basic Materials	Added	2,665,268	+1,953,594	$202,986,810	+487.1%	7.70%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	571,078	-242,788	$192,995,810	−22.0%	7.32%
SHW	Sherwin Williams Co Basic Materials	Reduced	571,278	-88,451	$183,123,162	−14.3%	6.94%
TOST	Toast, Inc. Technology	Reduced	6,509,924	-2,478,462	$172,578,085	−45.9%	6.54%
AMAT	Applied Materials Inc /De Technology	Added	483,240	+146,340	$165,166,599	+90.8%	6.26%
GE	General Electric Co Industrials	Held	569,227	0	$161,529,545	−7.9%	6.12%
MOD	Modine Manufacturing Co Consumer Cyclical	NEW	646,333	NEW	$140,066,824	NEW	5.31%
GLW	Corning Inc /Ny Technology	NEW	1,010,411	NEW	$137,385,583	NEW	5.21%
PCOR	Procore Technologies, Inc. Technology	Reduced	2,218,026	-105,005	$126,427,482	−25.2%	4.79%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	565,228	-15,526	$117,720,035	−12.2%	4.46%
SPOT	Spotify Technology S.A. Communication Services	Reduced	226,971	-77,631	$110,060,507	−37.8%	4.17%
CRH	Crh Public Ltd Co Basic Materials	Held	879,676	0	$92,471,541	−15.8%	3.51%
NVDA	Nvidia Corp Technology	Reduced	529,570	-65,579	$92,357,008	−16.8%	3.50%
WDC	Western Digital Corp Technology	NEW	275,482	NEW	$74,515,126	NEW	2.83%
CRS	Carpenter Technology Corp Industrials	NEW	188,797	NEW	$74,414,337	NEW	2.82%
WBD	Warner Bros. Discovery, Inc. Communication Services	Reduced	2,138,141	-946,231	$58,713,351	−33.9%	2.23%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Added	245,421	+32,911	$57,246,902	+21.0%	2.17%
CBRE	Cbre Group, Inc. Real Estate	Reduced	400,221	-514,846	$54,213,936	−63.2%	2.06%
JCI	Johnson Controls International plc Industrials	Reduced	164,786	-281,655	$21,578,726	−59.6%	0.82%
BE	Bloom Energy Corp Industrials	NEW	90,257	NEW	$12,228,920	NEW	0.46%
FIG	Figma, Inc. Technology	Reduced	361,779	-184,529	$7,648,008	−62.5%	0.29%