HS Management Partners, LLC
HS Management Partners, LLC reported 22 US-listed holdings worth $236.4 million in its 13F for the quarter ended 30 September 2026, filed 5 November 2026. Its largest: Alphabet Inc. (7.8%), Microsoft Corp. (7.2%) and Amazon.com Inc. (6.3%). Against the quarter before, it opened 1 position, added to 2, trimmed 19 and sold out of 3.
The 14 largest of its 22 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q2 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +4.1% over the 8 quarters to 30 September 2026, against +32.9% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 30 June 2026; a change under 0.1% of a position counts as held
Opened 1
- Charles Schwab Corp. SCHW$5.3 million
Added to 2
- Dick's Sporting Goods, Inc. DKS+38,622 shares · +65%
- American Express Co. AXP+622 shares · +1%
Trimmed 19
- Meta Platforms, Inc. META-7,549 shares · -30%
- Microsoft Corp. MSFT-9,581 shares · -22%
- Domino's Pizza, Inc. DPZ-14,518 shares · -42%
- Visa Inc. V-9,408 shares · -23%
- Coca-Cola Co. KO-35,014 shares · -22%
- Netflix Inc. NFLX-40,959 shares · -20%
- Spotify Technology S.A. SPOT-5,291 shares · -18%
- Williams Sonoma Inc. WSM-10,103 shares · -22%
and 11 more in the table below
Sold out of 3
- Kimberly Clark Corp. KMB$13.0 million last quarter
- Home Depot, Inc. HD$7.3 million last quarter
- Nike, Inc. NKE$3.3 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Alphabet Inc. GOOG | 54.1K | $18.4 million | 7.80% | -6.0K |
| Microsoft Corp. MSFT | 33.2K | $17.0 million | 7.20% | -9.6K |
| Amazon.com Inc. AMZN | 59.9K | $14.9 million | 6.31% | -8.8K |
| American Express Co. AXP | 45.7K | $13.9 million | 5.88% | +622 |
| Walt Disney Co. DIS | 127.3K | $13.3 million | 5.65% | -3.7K |
| Dick's Sporting Goods, Inc. DKS | 98.4K | $13.2 million | 5.59% | +38.6K |
| Uber Technologies, Inc. UBER | 192.1K | $13.2 million | 5.57% | -28.3K |
| Meta Platforms, Inc. META | 17.9K | $13.0 million | 5.48% | -7.5K |
| Netflix Inc. NFLX | 167.6K | $11.7 million | 4.93% | -41.0K |
| Spotify Technology S.A. SPOT | 23.9K | $11.6 million | 4.93% | -5.3K |
| Visa Inc. V | 31.8K | $11.4 million | 4.84% | -9.4K |
| Coca-Cola Co. KO | 127.3K | $11.0 million | 4.63% | -35.0K |
| McDonald's Corp. MCD | 42.4K | $9.8 million | 4.14% | -8.7K |
| Gap Inc. GAP | 394.4K | $9.0 million | 3.81% | -4.6K |
| Booking Holdings Inc. BKNG | 54.3K | $8.8 million | 3.74% | -5.3K |
| Airbnb, Inc. ABNB | 53.6K | $8.6 million | 3.64% | -13.6K |
| Williams Sonoma Inc. WSM | 36.2K | $8.3 million | 3.49% | -10.1K |
| Ralph Lauren Corp. RL | 21.6K | $7.7 million | 3.24% | -3.9K |
| Maplebear Inc. CART | 144.1K | $6.2 million | 2.63% | -27.3K |
| Domino's Pizza, Inc. DPZ | 19.7K | $5.9 million | 2.50% | -14.5K |
| Charles Schwab Corp. SCHW | 54.6K | $5.3 million | 2.26% | new |
| Starbucks Corp. SBUX | 43.8K | $4.1 million | 1.74% | -13.0K |