Altarock Partners portfolio

What changed this quarter

7 positions with a change (3 added to, 4 trimmed). 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Amazon.com−24%fewer sharesReduced
  38.2% → 32.2%
• Moody's−65%fewer sharesReduced
  9.1% → 3.2%
• Microsoft+25%more sharesIncreased
  16.8% → 20.5%
• Mastercard+46%more sharesIncreased
  6.3% → 9.3%
• Visa+68%more sharesIncreased
  3.7% → 6.8%
• TransDigm Group−3.7%fewer sharesReduced
  25.5% → 27.5%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Amazon.comAMZN32.2%Since Q1 2022 · 18 quartersDetails ▾
• TransDigm GroupTDG27.5%Since at least Q4 2014 · 47 quartersDetails ▾
• MicrosoftMSFT20.5%Since Q2 2021 · 21 quartersDetails ▾
• MastercardMA9.3%Since at least Q4 2014 · 47 quartersDetails ▾
• VisaV6.8%Since at least Q4 2014 · 47 quartersDetails ▾
• Moody'sMCO3.2%Since at least Q4 2014 · 47 quartersDetails ▾
• AlphabetGOOGL0.4%Since Q4 2019 · 27 quartersDetails ▾
• Hilton Worldwide HoldingsHLT0.1%Since Q4 2024 · 7 quartersDetails ▾

“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.