LP
Linonia Partnership LP 13F Holdings (Q2 2026) — Stock Portfolio & Buys
Linonia Partnership LPCIK: 0001985479
ContrarianQuality / disciplined sizingSector-focused
Total reported value
$5.6B
Reporting period: 2026-06-30 · Number of holdings: 12
Linonia Partnership LP disclosed 12 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $5.6B and a quarterly turnover rate of 49.4%.
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Personality snowflake
- Concentration
- 48.71
- Portfolio Stability
- 49.35
- Momentum
- 0
- Sector conviction
- 80.36
- Diversification
- 24
- Sizing Uniformity
- 92.91
Linonia Partnership LP's disclosed holdings carry a Herfindahl concentration index of 0.122 — mathematically equivalent to about 8 equally-sized positions, close to its 12 actual disclosed holdings. Value is spread relatively evenly across the portfolio rather than concentrated in a handful of names.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.71), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
Recent activity leans toward initiating meaningfully larger new positions than it adds to existing ones (a 7.5 percentage-point tilt) — a pattern consistent with a more contrarian, new-idea-driven approach.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd MELI
+325.1% $714.8M
New buy RBLX
Sold out TW
Trim GWRE
-9.4% -$291.1M
Trim FWONK
-88.1% -$201.5M
Trim SGI
-24.6% -$129.8M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | MELI | Mercadolibre Inc | Stock-Consumer Disc | 16.79% | +12.61% | +325.14% | |
| 2 | GWRE | Guidewire Software Inc | Stock-Tech | 15.24% | -6.01% | -9.38% | |
| 3 | VEEV | Veeva Systems Inc-class A | Stock-Healthcare | 13.98% | -2.09% | -10.46% | |
| 4 | RBLX | Roblox CORP -class A | Stock-Comm Services | 11.71% | +11.71% | NEW | |
| 5 | NYT | New York Times Co-a | Stock-Comm Services | 11.29% | -2.76% | — | |
| 6 | LLYVK | Liberty Live Holdings-c | Stock-Other | 11.09% | +0.26% | -5.09% | |
| 7 | SGI | Somnigroup International Inc | Stock-Consumer Disc | 9.28% | -2.78% | -24.57% | |
| 8 | LLYVA | Liberty Live Holdings-a | Stock-Other | 4.30% | +0.05% | -4.90% | |
| 9 | FWONA | Liberty Media Corp-formula-a | Stock-Other | 3.31% | +0.24% | — | |
| 10 | LYV | Live Nation Entertainment In | Stock-Comm Services | 2.20% | +0.29% | — | |
| 11 | FWONK | Liberty Media Corp-formula-c | Stock-Comm Services | 0.56% | -3.76% | -88.05% | |
| 12 | TDG | Transdigm Group Inc | Stock-Industrials | 0.26% | +0.02% | — |
Portfolio Performance
Performance for Q3 2026
+17.2%
Performance Last 4 Quarters
-6.1%
- Stdev
- +21.8%
- Beta
- +0.87
- Alpha
- 0%
- Max Drawdown
- -27.6%
- Annualized Perf
- +14.7%
- Batting Avg vs S&P
- +50%
- Sortino
- +1.34
- Stutzer
- +0.22
- Treynor
- +0.19
- Sterling
- +0.54
- Calmar
- +0.53
- Information Ratio
- -0.12
- Tracking Error
- +19.1%
- Stdev Down
- +12%
- Winning Months %
- +46.7%
- Losing Months %
- +53.3%
- Best 12 Months
- +54.3%
- Worst 12 Months
- -21.7%
- Efficiency Ratio
- +0.27
- Sharpe
- +0.74
- Stdev Sectors
- +11.7%
- Skewness
- +0.13
- Kurtosis
- -0.23
- Upside Potential
- +3.17
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
💡
Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Holding changes this quarter
Linonia Partnership LP's most significant position changes for 2026-06-30: New buy: Roblox CORP -class A (RBLX); Sold out: Tradeweb Markets Inc-class A (TW); Sold out: Echostar Corp-a (ECHO); Sold out: Shake Shack Inc - Class A (SHAK); Add: Mercadolibre Inc (MELI) — shares +325.14%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MELI | Mercadolibre Inc | +12.6% | +325.14% | Add |
| 2 | RBLX | Roblox CORP -class A | +11.7% | NEW | New buy |
| 3 | LYV | Live Nation Entertainment In | +0.3% | — | Unchanged |
| 4 | LLYVK | Liberty Live Holdings-c | +0.3% | -5.09% | Trim |
| 5 | FWONA | Liberty Media Corp-formula-a | +0.2% | — | Unchanged |
| 6 | LLYVA | Liberty Live Holdings-a | +0.1% | -4.90% | Trim |
| 7 | TDG | Transdigm Group Inc | 0% | — | Unchanged |
| 8 | SHAK | Shake Shack Inc - Class A | -0.2% | EXIT | Sold out |
| 9 | ECHO | Echostar Corp-a | -1.5% | EXIT | Sold out |
| 10 | VEEV | Veeva Systems Inc-class A | -2.1% | -10.46% | Trim |
| 11 | NYT | New York Times Co-a | -2.8% | — | Unchanged |
| 12 | SGI | Somnigroup International Inc | -2.8% | -24.57% | Trim |
| 13 | FWONK | Liberty Media Corp-formula-c | -3.8% | -88.05% | Trim |
| 14 | GWRE | Guidewire Software Inc | -6% | -9.38% | Trim |
| 15 | TW | Tradeweb Markets Inc-class A | -6.1% | EXIT | Sold out |
Filing History
FAQ
What is Linonia Partnership LP and what type of investor is it?
Linonia Partnership LP is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $5.6B, spread across 12 disclosed positions.
What are Linonia Partnership LP's largest equity positions?
Based on the latest 13F filing, Linonia Partnership LP's top holdings by market value are:
1. Mercadolibre Inc (MELI) — $940.0M (16.8%)
2. Guidewire Software Inc (GWRE) — $853.2M (15.2%)
3. Veeva Systems Inc-class A (VEEV) — $782.6M (14.0%)
4. Roblox CORP -class A (RBLX) — $655.5M (11.7%)
5. New York Times Co-a (NYT) — $632.2M (11.3%)
What changes did Linonia Partnership LP make in its most recent portfolio filing?
In the latest reported quarter, Linonia Partnership LP made 11 notable position adjustments: 1 new positions were initiated, 1 existing holdings were added to, 6 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: Roblox CORP -class A (RBLX); Sold out: Tradeweb Markets Inc-class A (TW); Sold out: Echostar Corp-a (ECHO); Sold out: Shake Shack Inc - Class A (SHAK); Add: Mercadolibre Inc (MELI) — shares +325.14%
What sectors does Linonia Partnership LP focus on?
Linonia Partnership LP is concentrated in the following sectors based on its current disclosed equity portfolio:
• Consumer Discretionary: 32.1%
• Communication Services: 31.7%
• Information Technology: 18.7%
• Health Care: 17.2%
• Industrials: 0.3%
Investment Profile
Linonia Partnership LP returned an annualized 14.7% over the trailing 30 months — outperforming the S&P 500 by 0.0 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.87 (less volatile than the market) and a 50% quarterly batting average against the index.
Its portfolio is moderately concentrated and moderately active, with 32.1% of the portfolio concentrated in Consumer Discretionary.
Its turnover score has risen from 0 to 49 over the past 4 quarters — a shift toward more active trading.
It has added to its LLYVK position over the past two quarters (+$143.0M, now $620.9M), while trimming SGI over the same stretch (-$264.3M, still holding $519.4M).
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Developer Access
Access Linonia Partnership LP's institutional profile programmatically:
REST API
curl https://alphasmo.com/api/v1/institutions/linonia-partnership-lpCLI
npx alphasmo institutions get linonia-partnership-lp