WestCap Management, LLC
CIK
1838470
Location
SAN FRANCISCO, CA
Portfolio Value
Small
$460,262,540
Diversification
Highly concentrated
Filing Date
Dec 31, 2025
Global Rank
#2,576
/ 8,420
Top Industry
Internet Content & Information
93.3%
3Y Alpha vs SPY
+52.1%
Period ended 6 months ago
Filed Feb 12, 2026 · 4mo
Clone Performance
Feb 2026–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+21.8%
SPY
+9.1%
Annualised alpha
+52.1%
Max drawdown
−40.6%
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
2 positions · as of Dec 31, 2025Top Position
93.3%
of portfolio value
Top 5
100.0%
of portfolio value
Top 10
100.0%
of portfolio value
HHI
8,748
Highly concentrated
Sector Breakdown
As of Dec 31, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Communication Services | 93.3% | $429,370,355 |
| Financial Services | 6.7% | $30,892,185 |
2 positions ·
$460,262,540 total
· as of Dec 31, 2025
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| STUB |
StubHub Holdings, Inc.
Communication Services
|
First | 31,734,690 | $429,370,355 | 93.29% | |
| KLAR |
Klarna Group plc
Financial Services
|
First | 1,068,564 | $30,892,185 | 6.71% |