Builders Union Fund LP
CIK
1772593
Location
WILMINGTON, DE
Portfolio Value
Small
$136,512,044
Diversification
Moderately concentrated
Filing Date
Mar 31, 2021
Global Rank
#3,665
/ 5,905
· as of Mar 2021
Top Industry
Internet Content & Information
30.4%
3Y Alpha vs SPY
-23.4%
Period ended 5 years ago
Filed Aug 20, 2021 · 4y
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
-6.8%
SPY
+76.5%
Annualised alpha
-23.2%
Max drawdown
−48.6%
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
7 positions · as of Mar 31, 2021Top Position
27.7%
of portfolio value
Top 5
89.9%
of portfolio value
Top 10
100.0%
of portfolio value
HHI
1,893
Moderately concentrated
Sector Breakdown
As of Mar 31, 2021| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 31.8% | $43,463,629 |
| Communication Services | 30.4% | $41,436,335 |
| Financial Services | 27.7% | $37,821,844 |
| Technology | 10.1% | $13,790,236 |
7 positions ·
$136,512,044 total
· as of Mar 31, 2021
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| PYPL |
PayPal Holdings, Inc.
Financial Services
|
First | 155,748 | $37,821,844 | 27.71% | |
| SE |
Sea Ltd
Consumer Cyclical
|
First | 133,000 | $29,689,590 | 21.75% | |
| MTCH |
Match Group, Inc.
Communication Services
|
First | 157,210 | $21,597,509 | 15.82% | |
| SNAP |
Snap Inc
Communication Services
|
First | 379,400 | $19,838,826 | 14.53% | |
| LULU |
lululemon athletica inc.
Consumer Cyclical
|
First | 44,909 | $13,774,039 | 10.09% | |
| U |
Unity Software Inc.
Technology
|
First | 128,100 | $12,849,711 | 9.41% | |
| SHOP |
Shopify Inc.
Technology
|
First | 8,500 | $940,525 | 0.69% |