Windward Management LP

CIK

1880817

Location

MIAMI BEACH, FL

Portfolio Value

Small $329,454,806

Diversification

Highly concentrated

Filing Date

Global Rank

#3,555 / 8,700 ▲ 3776

Top Industry

Internet Content & Information 43.9%

3Y Alpha vs SPY

+22.9%

Period ended 2 months ago

Filed Aug 17, 2026 · 27d

3 quarters · since Dec 2025

Clone Performance

Feb 2026–Sep 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Not a measure of this manager's performance. Most of Windward Management LP's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 63% that is ordinary stock — as little as 42% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+23.4%

SPY

+12.1%

Annualised alpha

+21.9%

Max drawdown

−21.9%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Returns are unavailable when a held security or benchmark crosses a captured split without a certified price basis; the requested window is not shortened to hide it. It tracks 63% of reported value on average across 3 quarters. Past performance does not predict future results.

Portfolio Concentration

9 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

45.3%

+15.0 pts

Top 5

93.6%

−4.1 pts

Top 10

100.0%

0.0 pts

HHI

2,851

Highly concentrated+646

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	45.3%	$149,354,000	1
Communication Services	26.8%	$88,157,100	2
Technology	18.5%	$60,860,840	3
Consumer Cyclical	7.2%	$23,692,411	2
Industrials	2.2%	$7,390,455	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
GRPN	Groupon, Inc.	+316,559	3,285,000	$79,037,100
TBCH	Turtle Beach Corp	+100,000	1,957,989	$24,376,963
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
GEO	Geo Group Inc	−850,600	250,100	$7,390,455
NTGR	Netgear, Inc.	−311,658	1,494,256	$34,890,877
BNED	Barnes & Noble Education, Inc.	−43,264	1,656,736	$20,808,604
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
SPY	Spdr S&P 500 ETF Trust	200,000	$149,354,000
PLAY	Dave & Buster's Entertainment, Inc.	800,000	$9,120,000
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

9 tracked positions · $329,454,806 total · filing declares 13 positions · $329,454,807 · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust PUT	NEW	200,000	NEW	$149,354,000	NEW	45.33%
GRPN	Groupon, Inc. CALL + SHARES Communication Services	Added	3,285,000	+316,559	$79,037,100	+123.7%	23.99%
NTGR	Netgear, Inc. CALL + SHARES Technology	Reduced	1,494,256	-311,658	$34,890,877	−11.5%	10.59%
TBCH	Turtle Beach Corp CALL + SHARES Technology	Added	1,957,989	+100,000	$24,376,963	+29.4%	7.40%
BNED	Barnes & Noble Education, Inc. Consumer Cyclical	Reduced	1,656,736	-43,264	$20,808,604	+38.6%	6.32%
PLAY	Dave & Buster's Entertainment, Inc. CALL + SHARES Communication Services	NEW	800,000	NEW	$9,120,000	NEW	2.77%
GEO	Geo Group Inc CALL Industrials	Reduced	250,100	-850,600	$7,390,455	−60.1%	2.24%
JACK	Jack In The Box Inc Consumer Cyclical	Held	182,404	0	$2,883,807	+63.5%	0.88%
ALLT	Allot Ltd. Technology	Held	180,000	0	$1,593,000	+32.9%	0.48%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.