BC

Benchstone Capital Management LP

High-turnover traderContrarianQuality / disciplined sizing

Total reported value

$859.5M

Reporting period: 2026-03-31 · Number of holdings: 38

Benchstone Capital Management LP disclosed 38 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $859.5M and a quarterly turnover rate of 112.1%.

Personality snowflake

Concentration
13.2
Portfolio Stability
100
Momentum/Contrarian
0
Sector conviction
89.88
Diversification
76
Sizing Uniformity
94.89

Recent moves

  • Add ECHO

    +130.6%　$27.2M

  • Trim META

    -70.3%　-$31.6M

  • Add AVGO

    +156.5%　$25.8M

  • Add SPOT

    +313.3%　$25.3M

  • Trim AMZN

    -50.5%　-$26.3M

  • Trim ONTO

    -89.2%　-$20.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1TSMTaiwan Semiconductor-sp AdrStock-Tech5.65%—-1.78%
2AVGOBroadcom INCStock-Tech5.32%+3.17%+156.55%
3ECHOEchostar Corp-aStock-Comm Services5.30%+3.33%+130.64%
4FWONKLiberty Media Corp-formula-cStock-Comm Services4.40%—+8.24%
5SPOTSpotify Technology S.A.Stock-Comm Services4.14%+3.03%+313.26%
6HHyatt Hotels CORP - Cl AStock-Consumer Disc4.07%+2.05%+108.09%
7EQIXEquinix INCStock-Real Estate3.91%+1.94%+43.65%
8GOOGLAlphabet Inc-cl AStock-Comm Services3.87%+3.87%NEW
9ADIAnalog Devices INCStock-Tech3.87%+3.87%NEW
10BURLBurlington Stores INCStock-Consumer Disc3.68%—+14.43%
11ASMLASML Holding N.V.Stock-Tech3.46%—+14.33%
12AMATApplied Materials INCStock-Tech3.44%+2.06%+73.14%
13SNPSSynopsys INCStock-Tech3.36%-1.36%-22.08%
14AKAMAkamai Technologies INCStock-Tech2.94%+2.94%NEW
15LYVLive Nation Entertainment InStock-Comm Services2.91%—-22.76%
16BKNGBooking Holdings INCStock-Consumer Disc2.70%+1.45%+155.32%
17TGTTarget CORPStock-Consumer Disc2.65%+2.65%NEW
18WHWyndham Hotels & Resorts INCStock-Consumer Disc2.53%+2.53%NEW
19AMZNAmazon.com INCStock-Consumer Disc2.47%-2.65%-50.54%
20ROKURoku INCStock-Comm Services2.45%+2.45%NEW
21ROSTRoss Stores INCStock-Consumer Disc2.15%—+52.64%
22ZMZoom Communications INCStock-Tech2.13%+2.13%NEW
23CSCOCisco Systems INCStock-Tech2.05%+2.05%NEW
24NETCloudflare INC - Class AStock-Tech1.96%+1.96%NEW
25DASHDoordash INC - AStock-Consumer Disc1.87%-1.00%-9.09%
26OUTOutfront Media INCStock-Other1.82%+1.82%NEW
27DDOGDatadog INC - Class AStock-Tech1.80%+1.80%NEW
28WMTWalmart INCStock-Consumer Staples1.76%+1.76%NEW
29TJXTjx Companies INCStock-Consumer Disc1.75%+1.75%NEW
30TMUST-mobile US INCStock-Comm Services1.69%+1.69%NEW
31METAMeta Platforms Inc-class AStock-Comm Services1.27%-3.31%-70.35%
32CMGChipotle Mexican Grill INCStock-Consumer Disc1.21%-1.02%-42.01%
33HDHome Depot INCStock-Consumer Disc1.17%-1.66%-60.05%
34TTWOTake-two Interactive SoftwreStock-Comm Services1.15%-2.07%-57.00%
35FIXComfort Systems USA INCStock-Industrials1.12%——
36HPEHewlett Packard EnterpriseStock-Tech1.06%—-30.23%
37INTUIntuit INCStock-Tech0.53%——
38ONTOOnto Innovation INCStock-Tech0.38%-2.15%-89.18%

Holding changes this quarter

Benchstone Capital Management LP's most significant position changes for 2026-03-31: New buy: Alphabet Inc-cl A (GOOGL); New buy: Analog Devices INC (ADI); Sold out: Lumen Technologies INC (LUMN); Sold out: Shopify INC - Class A (SHOP); New buy: Akamai Technologies INC (AKAM).

Position changes disclosed by Benchstone Capital Management LP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1ECHOEchostar Corp-a+3.3%+130.64%Add
2AVGOBroadcom INC+3.2%+156.55%Add
3SPOTSpotify Technology S.A.+3%+313.26%Add
4AMATApplied Materials INC+2.1%+73.14%Add
5HHyatt Hotels CORP - Cl A+2.1%+108.09%Add
6EQIXEquinix INC+1.9%+43.65%Add
7BKNGBooking Holdings INC+1.5%+155.32%Add
8DASHDoordash INC - A-1%-9.09%Trim
9CMGChipotle Mexican Grill INC-1%-42.01%Trim
10SNPSSynopsys INC-1.4%-22.08%Trim
11HDHome Depot INC-1.7%-60.05%Trim
12TTWOTake-two Interactive Softwre-2.1%-57.00%Trim
13ONTOOnto Innovation INC-2.2%-89.18%Trim
14AMZNAmazon.com INC-2.7%-50.54%Trim
15METAMeta Platforms Inc-class A-3.3%-70.35%Trim
16GOOGLAlphabet Inc-cl A—NEWNew buy
17ADIAnalog Devices INC—NEWNew buy
18LUMNLumen Technologies INC—EXITSold out
19SHOPShopify INC - Class A—EXITSold out
20AKAMAkamai Technologies INC—NEWNew buy
21CRMSalesforce INC—EXITSold out
22WWayfair Inc- Class A—EXITSold out
23TGTTarget CORP—NEWNew buy
24DISWalt Disney Co/the—EXITSold out
25WHWyndham Hotels & Resorts INC—NEWNew buy
26MDBMongodb INC—EXITSold out
27NOWServicenow INC—EXITSold out
28ROKURoku INC—NEWNew buy
29ORCLOracle CORP—EXITSold out
30ZMZoom Communications INC—NEWNew buy
31ANETArista Networks INC—EXITSold out
32CSCOCisco Systems INC—NEWNew buy
33NETCloudflare INC - Class A—NEWNew buy
34TXNTexas Instruments INC—EXITSold out
35OUTOutfront Media INC—NEWNew buy
36DDOGDatadog INC - Class A—NEWNew buy
37UBERUber Technologies INC—EXITSold out
38WMTWalmart INC—NEWNew buy
39TJXTjx Companies INC—NEWNew buy
40RRRRed Rock Resorts Inc-class A—EXITSold out
41BYDBoyd Gaming CORP—EXITSold out
42TMUST-mobile US INC—NEWNew buy
43PSKYParamount Skydance Cl B—EXITSold out
44SNOWSnowflake INC—EXITSold out
45RCLRoyal Caribbean Cruises Ltd.—EXITSold out
46TSEMTower Semiconductor Ltd.—EXITSold out
47CMCSAComcast Corp-class A—EXITSold out
48TEAMAtlassian Corp-cl A—EXITSold out
49ONOn Semiconductor—EXITSold out
50CHDNChurchill Downs INC—EXITSold out

FAQ

What is Benchstone Capital Management LP and what type of investor is it?
Benchstone Capital Management LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $859.5M, spread across 38 disclosed positions.
What are Benchstone Capital Management LP's largest equity positions?
Based on the latest 13F filing, Benchstone Capital Management LP's top holdings by market value are: 1. Taiwan Semiconductor-sp Adr (TSM) — $48.5M (5.7%) 2. Broadcom INC (AVGO) — $45.7M (5.3%) 3. Echostar Corp-a (ECHO) — $45.5M (5.3%) 4. Liberty Media Corp-formula-c (FWONK) — $37.8M (4.4%) 5. Spotify Technology S.A. (SPOT) — $35.6M (4.1%)
What changes did Benchstone Capital Management LP make in its most recent portfolio filing?
In the latest reported quarter, Benchstone Capital Management LP made 50 notable position adjustments: 14 new positions were initiated, 7 existing holdings were added to, 8 positions were partially reduced, and 21 were completely exited. The largest of these moves: New buy: Alphabet Inc-cl A (GOOGL); New buy: Analog Devices INC (ADI); Sold out: Lumen Technologies INC (LUMN); Sold out: Shopify INC - Class A (SHOP); New buy: Akamai Technologies INC (AKAM)
What sectors does Benchstone Capital Management LP focus on?
Benchstone Capital Management LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 38.6% • Communication Services: 27.7% • Consumer Discretionary: 26.7% • Real Estate: 4.0% • Consumer Staples: 1.8% • Industrials: 1.1%