COWBIRD CAPITAL LP

CIK

1761435

Location

New York, NY

Portfolio Value

Micro $75,829,774

Diversification

Diversified

Filing Date

Global Rank

#5,480 / 7,306 ▼ 324 · as of Jun 2024

Top Industry

Software - Application 15.4%

3Y Alpha vs SPY

-5.6%

Period ended 2 years ago

Filed Aug 14, 2024 · 1y

18 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+49.3%

SPY

+76.5%

Annualised alpha

-6.6%

Max drawdown

−38.5%

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

12 positions · as of Jun 30, 2024 · Δ vs Mar 31, 2024

Top Position

15.4%

+0.1 pts

Top 5

62.4%

+0.6 pts

Top 10

96.3%

−2.9 pts

HHI

1,071

Diversified+9

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2024

Sector	% Portfolio	Value	Positions
Technology	49.7%	$37,659,450	5
Healthcare	14.9%	$11,262,412	1
Financial Services	12.0%	$9,066,205	2
Consumer Cyclical	8.6%	$6,555,663	1
Industrials	7.4%	$5,637,808	1
Consumer Defensive	6.2%	$4,689,886	1
Communication Services	1.3%	$958,350	1

Last Quarter's Activity

Export CSV

Jun 30, 2024 vs Mar 31, 2024

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
PGNY	Progyny, Inc.	+32,381	393,653	$11,262,412
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
TH	Target Hospitality Corp.	−400,203	647,280	$5,637,808
GRND	Grindr Inc.	−55,510	951,802	$11,650,056
CELH	Celsius Holdings, Inc.	−13,060	82,149	$4,689,886
XPEL	XPEL, Inc.	−7,178	184,355	$6,555,663
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
MSFT	Microsoft Corp	20,525	$9,173,648
APLD	Applied Digital Corp.	1,351,296	$8,040,211
NVDA	Nvidia Corp	56,140	$6,935,535
IREN	IREN Ltd	164,850	$1,861,156
CORZ	Core Scientific, Inc./tx	200,000	$1,860,000
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
SNOW	Snowflake Inc.	50,000	$8,080,000
HDSN	Hudson Technologies Inc /Ny	573,067	$6,309,467
MOD	Modine Manufacturing Co	61,721	$5,875,221
IBIT	iShares Bitcoin Trust ETF	138,974	$5,624,277
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

12 positions · $75,829,774 total · as of Jun 30, 2024

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GRND	Grindr Inc. Technology	Reduced	951,802	-55,510	$11,650,056	+14.2%	15.36%
PGNY	Progyny, Inc. Healthcare	Added	393,653	+32,381	$11,262,412	−18.3%	14.85%
MSFT	Microsoft Corp Technology	NEW	20,525	NEW	$9,173,648	NEW	12.10%
APLD	Applied Digital Corp. Technology	NEW	1,351,296	NEW	$8,040,211	NEW	10.60%
DBRG	DigitalBridge Group, Inc. Financial Services	Held	525,916	0	$7,205,049	−28.9%	9.50%
NVDA	Nvidia Corp Technology	NEW	56,140	NEW	$6,935,535	NEW	9.15%
XPEL	XPEL, Inc. Consumer Cyclical	Reduced	184,355	-7,178	$6,555,663	−36.6%	8.65%
TH	Target Hospitality Corp. Industrials	Reduced	647,280	-400,203	$5,637,808	−50.5%	7.43%
CELH	Celsius Holdings, Inc. Consumer Defensive	Reduced	82,149	-13,060	$4,689,886	−40.6%	6.18%
IREN	IREN Ltd Financial Services	NEW	164,850	NEW	$1,861,156	NEW	2.45%
CORZ	Core Scientific, Inc./tx Technology	NEW	200,000	NEW	$1,860,000	NEW	2.45%
RDDT	Reddit, Inc. Communication Services	Held	15,000	0	$958,350	+29.5%	1.26%