Linonia Partnership LP

CIK

1985479

Location

NEW YORK, NY

Portfolio Value

Mid $4,568,306,643

Diversification

Moderately concentrated

Filing Date

Global Rank

#712 / 8,603 ▲ 98 · as of Mar 2026

Top Industry

Software - Application 25.0%

3Y Alpha vs SPY

-8.5%

Period ended 3 months ago

Filed May 15, 2026 · 55d

10 quarters · since Dec 2023

Clone Performance

Feb 2024–Jul 2026 · vs SPY

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

Cloned portfolio

+27.2%

SPY

+53.6%

Annualised alpha

-9.1%

Max drawdown

−35.5%

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 Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

25.0%

−2.8 pts

Top 5

81.9%

−4.8 pts

Top 10

99.5%

−0.5 pts

HHI

1,585

Moderately concentrated−243

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Communication Services	29.2%	$1,334,912,589	5
Technology	25.0%	$1,144,303,002	1
Consumer Cyclical	19.3%	$882,839,188	3
Healthcare	18.9%	$865,059,803	1
Financial Services	7.2%	$328,418,004	1
Industrials	0.3%	$12,774,057	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
GWRE	Guidewire Software, Inc.	+2,288,402	7,651,130	$1,144,303,002
VEEV	Veeva Systems Inc	+2,124,608	4,924,626	$865,059,803
SGI	Somnigroup International Inc.	+3,964	8,782,011	$649,166,253
No positions match the current search.

Trimmed

Positions the filer reduced

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
ECHO	EchoStar CORP	−5,423,303	695,800	$81,457,306
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
NYT	New York Times Co	9,034,044	$756,420,504
TW	Tradeweb Markets Inc.	2,791,246	$328,418,004
MELI	Mercadolibre Inc	130,261	$225,223,874
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
FICO	Fair Isaac Corp	122,956	$207,871,872
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

12 positions · $4,568,306,643 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GWRE	Guidewire Software, Inc. Technology	Reduced	7,651,130	-3,074,326	$1,144,303,002	−46.9%	25.05%
VEEV	Veeva Systems Inc Healthcare	Added	4,924,626	+2,124,608	$865,059,803	+38.4%	18.94%
NYT	New York Times Co Communication Services	NEW	9,034,044	NEW	$756,420,504	NEW	16.56%
SGI	Somnigroup International Inc. Consumer Cyclical	Added	8,782,011	+3,964	$649,166,253	−17.2%	14.21%
TW	Tradeweb Markets Inc. Financial Services	NEW	2,791,246	NEW	$328,418,004	NEW	7.19%
LLYVA	Liberty Live Holdings, Inc. Communication Services	Held	2,498,950	0	$229,003,778	+12.4%	5.01%
MELI	Mercadolibre Inc Consumer Cyclical	NEW	130,261	NEW	$225,223,874	NEW	4.93%
FWONA	Liberty Media Corp Communication Services	Held	2,118,059	0	$165,378,046	−12.6%	3.62%
LYV	Live Nation Entertainment, Inc. Communication Services	Held	673,090	0	$102,652,955	+7.0%	2.25%
ECHO	EchoStar CORP Communication Services	Reduced	695,800	-5,423,303	$81,457,306	−87.8%	1.78%
TDG	TransDigm Group INC Industrials	Held	11,022	0	$12,774,057	−12.9%	0.28%
SHAK	Shake Shack Inc. Consumer Cyclical	Held	95,502	0	$8,449,061	+9.0%	0.18%