Whitebark Investors LP
Whitebark Investors LP reported 10 US-listed holdings worth $129.5 million in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: Global E Online Ltd (16.0%), Coupang Inc. Class A (14.5%) and Grocery Outlet Holding Corp. (12.5%). Against the quarter before, it opened 1 position, added to 1, trimmed 2 and sold out of 0.
The 10 largest of its 10 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 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 -26.3% over the 6 quarters to 30 June 2026, against +27.4% 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 31 March 2026; a change under 0.1% of a position counts as held
Opened 1
- Taiwan Semiconductor Manufacturing Company Limited TSM$4.1 million
Added to 1
- Coupang Inc. Class A CPNG+8,123 shares · +1%
Trimmed 2
- Shenandoah Telecommunications Co. SHEN-559,292 shares · -77%
- Microsoft Corp. MSFT-8,966 shares · -18%
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Global E Online Ltd GLBE | 595.4K | $20.7 million | 15.97% | no change |
| Coupang Inc. Class A CPNG | 1.1M | $18.7 million | 14.46% | +8.1K |
| Grocery Outlet Holding Corp. GO | 1.6M | $16.2 million | 12.48% | no change |
| Microsoft Corp. MSFT | 41.9K | $15.6 million | 12.07% | -9.0K |
| Klarna Group PLC KLAR | 690.4K | $14.0 million | 10.79% | no change |
| Flutter Entertainment plc FLUT | 134.8K | $13.8 million | 10.64% | no change |
| Goosehead Insurance Inc GSHD | 269.3K | $13.1 million | 10.09% | no change |
| Blend Labs Inc. BLND | 6.3M | $10.8 million | 8.38% | no change |
| Taiwan Semiconductor Manufacturing Company Limited TSM | 8.6K | $4.1 million | 3.17% | new |
| Shenandoah Telecommunications Co. SHEN | 167.2K | $2.5 million | 1.95% | -559.3K |