Ampersand Capital Group, L.P.

CIK

2059671

Location

BURLINGAME, CA

Portfolio Value

Small $182,754,563

Diversification

Moderately concentrated

Filing Date

Global Rank

#4,074 / 8,232 ▼ 240

Top Industry

Internet Retail 52.1%

3Y Alpha vs SPY

-43.3%

Period ended 2 months ago

Filed May 15, 2026 · 29d

6 quarters · since Dec 2024

Clone Performance

Feb 2025–Jun 2026 · vs SPY

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

Cloned portfolio

-33.7%

SPY

+23.4%

Annualised alpha

-43.9%

Max drawdown

−41.6%

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, 2026 · Δ vs Dec 31, 2025

Top Position

21.4%

−0.8 pts

Top 5

80.7%

−1.2 pts

Top 10

100.0%

0.0 pts

HHI

1,565

Moderately concentrated−4

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	60.2%	$110,038,345	4
Technology	28.6%	$52,264,847	2
Industrials	11.2%	$20,451,371	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
AXON	Axon Enterprise, Inc.	+15,450	48,156	$20,451,371
SHOP	Shopify Inc.	+15,000	199,763	$23,695,887
DASH	DoorDash, Inc.	+10,961	138,379	$20,777,606
PTC	Ptc Inc.	+6,943	200,498	$28,568,960
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
BKNG	Booking Holdings Inc.	−600	3,505	$14,757,170
MELI	Mercadolibre Inc	−195	20,521	$35,481,219
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

7 positions · $182,754,563 total · as of Mar 31, 2026

All sectors Consumer Cyclical Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GLBE	Global-E Online Ltd. Consumer Cyclical	Held	1,264,906	0	$39,022,350	−21.5%	21.35%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	20,521	-195	$35,481,219	−15.0%	19.41%
PTC	Ptc Inc. Technology	Added	200,498	+6,943	$28,568,960	−15.3%	15.63%
SHOP	Shopify Inc. Technology	Added	199,763	+15,000	$23,695,887	−20.3%	12.97%
DASH	DoorDash, Inc. Consumer Cyclical	Added	138,379	+10,961	$20,777,606	−28.0%	11.37%
AXON	Axon Enterprise, Inc. Industrials	Added	48,156	+15,450	$20,451,371	+10.1%	11.19%
BKNG	Booking Holdings Inc. Consumer Cyclical	Reduced	3,505	-600	$14,757,170	−32.9%	8.07%