ELKHORN PARTNERS LIMITED PARTNERSHIP
Filing Date
Global Rank
#5,589
/ 8,232
▲ 312
Top Industry
Real Estate Services
51.2%
3Y Alpha vs SPY
-20.5%
Period ended 2 months ago
Filed May 14, 2026 · 31d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+1.0%
SPY
+76.3%
Annualised alpha
-20.5%
Max drawdown
−33.9%
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
42 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
51.2%
+4.5 pts
Top 5
92.7%
+1.4 pts
Top 10
96.4%
+0.1 pts
HHI
3,533
Highly concentrated+323
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Real Estate | 51.3% | $45,547,472 |
| Financial Services | 30.3% | $26,875,733 |
| Communication Services | 6.1% | $5,427,620 |
| Technology | 4.8% | $4,282,933 |
| Utilities | 3.6% | $3,159,585 |
| Industrials | 1.3% | $1,145,159 |
| Basic Materials | 1.0% | $917,955 |
| Consumer Defensive | 0.7% | $655,996 |
| Healthcare | 0.6% | $550,122 |
| Consumer Cyclical | 0.2% | $189,675 |
| Energy | 0.1% | $45,500 |
| Unclassified | 0.0% | $22,320 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
16 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CRDF | Cardiff Oncology, Inc. | +6,400 | 44,500 | $72,090 | |
| NEPH | Nephros Inc | +5,000 | 12,000 | $35,760 | |
| KMB | Kimberly Clark Corp | +4,300 | 6,800 | $655,996 | |
| FORR | Forrester Research, Inc. | +2,000 | 5,000 | $28,300 | |
| BA | Boeing Co | +740 | 4,900 | $975,247 | |
| UBER | Uber Technologies, Inc | +700 | 2,600 | $187,018 | |
| NFLX | Netflix Inc | +700 | 1,700 | $163,455 | |
| AAPL | Apple Inc. | +540 | 12,100 | $3,070,859 | |
| AMZN | Amazon Com Inc | +530 | 730 | $152,037 | |
| BHVN | Biohaven Ltd. | +500 | 2,000 | $16,920 | |
| PFE | Pfizer Inc | +400 | 7,400 | $207,792 | |
| META | Meta Platforms, Inc. | +390 | 700 | $400,491 | |
| BRK-B | Berkshire Hathaway Inc | +375 | 54,420 | $26,078,064 | |
| FISV | Fiserv Inc | +270 | 400 | $22,320 | |
| CRSP | CRISPR Therapeutics AG | +240 | 1,900 | $90,383 | |
| FIG | Figma, Inc. | +100 | 600 | $12,684 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
12 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| OXY | Occidental Petroleum Corp /De/ | −37,300 | 700 | $45,500 | |
| KW | Kennedy-Wilson Holdings, Inc. | −35,500 | 4,199,000 | $45,433,180 | |
| DOW | Dow Inc. | −24,300 | 2,200 | $91,630 | |
| ACTG | Acacia Research Corp | −9,500 | 25,000 | $120,250 | |
| CDZI | Cadiz Inc | −8,500 | 643,500 | $3,159,585 | |
| CLF | Cleveland-Cliffs Inc. | −2,900 | 9,500 | $80,275 | |
| DD | DuPont de Nemours, Inc. | −1,600 | 3,300 | $151,140 | |
| IFF | International Flavors & Fragrances Inc | −900 | 8,200 | $594,910 | |
| GOOGL | Alphabet Inc. | −500 | 15,900 | $4,572,204 | |
| UNH | Unitedhealth Group Inc | −430 | 470 | $127,177 | |
| C | Citigroup Inc | −100 | 6,100 | $691,801 | |
| HHH | Howard Hughes Holdings Inc. | −100 | 200 | $12,652 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
8 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CRM | Salesforce, Inc. | 1,300 | $242,671 | |
| PANW | Palo Alto Networks Inc | 1,500 | $240,480 | |
| MAX | MediaAlpha, Inc. | 23,000 | $213,900 | |
| NOW | ServiceNow, Inc. | 1,300 | $135,915 | |
| AXP | American Express Co | 350 | $105,868 | |
| NVDA | Nvidia Corp | 300 | $52,320 | |
| DIS | Walt Disney Co | 500 | $48,190 | |
| QXO | QXO, Inc. | 1,100 | $21,362 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
11 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| Q | Qnity Electronics, Inc. | 2,500 | $204,125 | |
| COST | Costco Wholesale Corp /New | 150 | $129,351 | |
| TAYD | Taylor Devices, Inc. | 1,500 | $87,690 | |
| CTO | CTO Realty Growth, Inc. | 2,200 | $40,502 | |
| CME | Cme Group Inc. | 100 | $27,308 | |
| OSK | Oshkosh Corp | 200 | $25,126 | |
| XOM | Exxon Mobil Corp | 100 | $12,034 | |
| CABO | Cable One, Inc. | 100 | $11,285 | |
| WEN | Wendy's Co | 1,000 | $8,330 | |
| KVUE | Kenvue Inc. | 300 | $5,175 | |
| OFLX | Omega Flex, Inc. | 100 | $2,944 | |
| No positions match the current search. | ||||
10 positions ·
$4,282,933 total
· Technology only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
Added | 12,100 | $3,070,859 | 71.70% | |
| ADBE |
Adobe Inc.
Technology
|
Held | 1,200 | $291,696 | 6.81% | |
| CRM |
Salesforce, Inc.
Technology
|
NEW | 1,300 | $242,671 | 5.67% | |
| PANW |
Palo Alto Networks Inc
Technology
|
NEW | 1,500 | $240,480 | 5.61% | |
| UBER |
Uber Technologies, Inc
Technology
|
Added | 2,600 | $187,018 | 4.37% | |
| NOW |
ServiceNow, Inc.
Technology
|
NEW | 1,300 | $135,915 | 3.17% | |
| NVDA |
Nvidia Corp
Technology
|
NEW | 300 | $52,320 | 1.22% | |
| DELL |
Dell Technologies Inc.
Technology
|
Held | 300 | $49,239 | 1.15% | |
| FIG |
Figma, Inc.
Technology
|
Added | 600 | $12,684 | 0.30% | |
| CREX |
Creative Realities, Inc.
Technology
|
Held | 15 | $51 | 0.00% |