14B Captial Management LP
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Dec 31, 2025, never from the firm's own description.
Closest benchmark: the Nasdaq-100 as of 2025-12-31, active share 93.0%; sector active share 44.6% against the combined 13F book's sector weights.
Over time 9 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
18 tracked positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025Portfolio Trend
Sector Breakdown
As of Dec 31, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 46.5% | $57,889,532 |
| Technology | 33.1% | $41,235,720 |
| Communication Services | 12.4% | $15,401,671 |
| Consumer Cyclical | 4.1% | $5,151,586 |
| Unclassified | 3.8% | $4,732,365 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedTrimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| PAGS | PagSeguro Digital Ltd. | −567,000 | 728,000 | $7,017,920 | |
| STNE | StoneCo Ltd. | −322,000 | 609,000 | $9,007,110 | |
| CCOI | Cogent Communications Holdings, Inc. | −279,633 | 170,000 | $3,665,200 | |
| CHTR | Charter Communications, Inc. | −51,500 | 23,500 | $4,905,625 | |
| CIB | Grupo Cibest S.A. | −42,000 | 70,000 | $4,452,700 | |
| COF | Capital One Financial Corp | −13,000 | 20,000 | $4,847,200 | |
| FOUR | Shift4 Payments, Inc. | −12,000 | 385,000 | $24,243,450 | |
| V | Visa Inc. | −732 | 69,268 | $24,292,980 | |
| MA | Mastercard Inc | −440 | 42,560 | $24,296,652 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| META | Meta Platforms, Inc. | 9,400 | $6,204,846 | |
| MELI | Mercadolibre Inc | 1,870 | $3,766,666 | |
| RSP | Victory Portfolios II | 12,000 | $2,298,720 | |
| AMZN | Amazon Com Inc | 6,000 | $1,384,920 | |
| VXUS | Vanguard Total International Stock ETF | 14,000 | $1,056,160 | |
| MSFT | Microsoft Corp | 2,000 | $967,240 | |
| VEA | Vanguard FTSE Developed Markets ETF | 14,000 | $874,580 | |
| GOOGL | Alphabet Inc. | 2,000 | $626,000 | |
| VTI | VANGUARD TOTAL STOCK MARKET INDEX FUND | 1,500 | $502,905 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CABO | Cable One, Inc. | 59,500 | $10,534,475 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MA |
Mastercard Inc
Financial Services
|
Reduced | 42,560 | $24,296,652 | 19.53% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 69,268 | $24,292,980 | 19.53% | |
| FOUR |
Shift4 Payments, Inc.
Technology
|
Reduced | 385,000 | $24,243,450 | 19.49% | |
| STNE |
StoneCo Ltd.
Technology
|
Reduced | 609,000 | $9,007,110 | 7.24% | |
| PAGS |
PagSeguro Digital Ltd.
Technology
|
Reduced | 728,000 | $7,017,920 | 5.64% | |
| META |
Meta Platforms, Inc.
Communication Services
|
NEW | 9,400 | $6,204,846 | 4.99% | |
| CHTR |
Charter Communications, Inc.
Communication Services
|
Reduced | 23,500 | $4,905,625 | 3.94% | |
| COF |
Capital One Financial Corp
Financial Services
|
Reduced | 20,000 | $4,847,200 | 3.90% | |
| CIB |
Grupo Cibest S.A.
Financial Services
|
Reduced | 70,000 | $4,452,700 | 3.58% | |
| MELI |
Mercadolibre Inc
Consumer Cyclical
|
NEW | 1,870 | $3,766,666 | 3.03% | |
| CCOI |
Cogent Communications Holdings, Inc.
Communication Services
|
Reduced | 170,000 | $3,665,200 | 2.95% | |
| RSP |
Victory Portfolios II
|
NEW | 12,000 | $2,298,720 | 1.85% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
NEW | 6,000 | $1,384,920 | 1.11% | |
| VXUS |
Vanguard Total International Stock ETF
|
NEW | 14,000 | $1,056,160 | 0.85% | |
| MSFT |
Microsoft Corp
Technology
|
NEW | 2,000 | $967,240 | 0.78% | |
| VEA |
Vanguard FTSE Developed Markets ETF
|
NEW | 14,000 | $874,580 | 0.70% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
NEW | 2,000 | $626,000 | 0.50% | |
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
NEW | 1,500 | $502,905 | 0.40% |
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.