Arkolith/Funds/Two Creeks Capital Management, LP

Two Creeks Capital Management, LP

CIK 1606430Hedge fund
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Two Creeks Capital Management, LP holds a focused book of 21 stocks worth $947.0M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Esco Technologies Inc and trimmed Floor & Decor Holdings Inc-A. Their largest long position is Talen Energy Corp at 8% of the equity book. They also disclosed $26.8M in call options (bullish), shown separately below and excluded from the equity book.

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holdings, largest changes, and filing provenance.
Opened
3
new positions
Added to
12
existing
Trimmed
5
reduced
Sold out
8
exited

Concentration

Top-heavy: focused book

Top 5 holdings
36%
Top 10 holdings
63%
Top 20 holdings
99%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

100% mapped to company sectors

Information Technology
27%
Industrials
19%
Consumer Discretionary
18%
Financials
13%
Utilities
8%
Health Care
7%
Communication Services
5%
Materials
2%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

21 positions
#SecurityValueShares% PortLast moveHistory
1Talen Energy Corp
COM
$71.8M224.8K
7.6%
+69%
Added · +92K sh
2Uber Technologies Inc
COM
$71.1M988.4K
7.5%
+32%
Added · +240K sh
3Danaher Corp Del
COM
$67.4M355.5K
7.1%
+33%
Added · +88K sh
4Visa Inc
COM CL A
$66.7M220.8K
7.0%
+0.7%
Added · +2K sh
5Taiwan Semiconductor Manufac
SPONSORED ADS
$61.5M181.9K
6.5%
+91%
Added · +87K sh
6Floor & Decor Hldgs Inc
CL A
$58.9M1.16M
6.2%
−16%
Reduced · −213K sh
7Microsoft Corp
COM
$58.7M158.6K
6.2%
+53%
Added · +55K sh
8Esco Technologies Inc
COM
$50.9M180.9K
5.4%
New
New position
9Mirion Technologies Inc
COM CL A
$45.5M2.45M
4.8%
−16%
Reduced · −475K sh
10Mastercard Incorporated
CL A
$45.3M90.6K
4.8%
+0.7%
Added · +651 sh
11Airbnb Inc
COM CL A
$45.0M356.3K
4.8%
+0.8%
Added · +3K sh
12Planet Fitness Master Issuer
CL A
$44.9M603.9K
4.7%
+31%
Added · +143K sh
13Chipotle Mexican Grill Inc
COM
$44.4M1.39M
4.7%
−21%
Reduced · −377K sh
14Unity Software Inc
COM
$43.5M1.98M
4.6%
+86%
Added · +920K sh
15ASML Hldg NV
N Y REGISTRY SHS
$43.5M32.9K
4.6%
−37%
Reduced · −20K sh
16Grab Holdings Limited
CLASS A ORD
$32.8M8.95M
3.5%
+0.8%
Added · +70K sh
17Wingstop Inc
COM
$26.8M172.8K
2.8%
+0.8%
Added · +1K sh
18Freeport McMoran Inc
CL B
$23.5M399.8K
2.5%
New
New position
19Core & Main Inc
CL A
$20.0M405.6K
2.1%
New
New position
20HDFC Bank Ltd
SPONSORED ADS
$14.2M571.2K
1.5%
−23%
Reduced · −172K sh
21Rentokil Initial PLC
SPONSORED ADR
$10.5M334.8K
1.1%
Held
Showing all 21 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Call notional (bullish)$26.8M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishADVANCE AUTO PARTS INCAAP$26.8M508K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202622$973.8M13F-HR
Q4 2025Dec 31, 2025Feb 17, 202626$1.2B13F-HR
Q3 2025Sep 30, 2025Nov 14, 202525$1.4B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202527$1.5B13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.