Foxhaven Asset Management, LP — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, Foxhaven Asset Management, LP initiated 1 new position, increased allocation to 6 existing positions, trimmed 7 positions, and exited 3 positions entirely. The fund's 13F equity book declined from $4.06B to $3.19B (-21.5% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $4.06BPrior quarter
- $3.19BCurrent quarter
- $-0.87BNet delta
- -21.5%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| LIBERTY MEDIA CORP DEL | FWONK | 3.39% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| VISA INC | V | +2.50% | +39.04% | History → |
| DOORDASH INC | DASH | +0.73% | +33.86% | History → |
| ALPHABET INC | GOOG | +2.88% | +23.99% | History → |
| NU HOLDINGS LTD | NU | +0.84% | +18.74% | Holders → |
| AFFIRM HLDGS INC | AFRM | +-0.32% | +15.66% | Holders → |
| NETFLIX INC | NFLX | +1.30% | +8.33% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| AMAZON COM INC | AMZN | -1.44% | -21.62% | History → |
| ROBLOX CORP | RBLX | -1.29% | -16.17% | History → |
| COUPANG INC | CPNG | -1.20% | -13.67% | History → |
| AURORA INNOVATION INC | AUR | 0.28% | -8.36% | Holders → |
| HILTON WORLDWIDE HOLDINGS INC | HLT | 1.95% | -8.25% | History → |
| FERGUSON ENTERPRISES INC | FERG | 1.85% | -8.25% | History → |
| MERCADOLIBRE INC | MELI | 1.25% | -0.36% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| MICROSOFT CORP | MSFT | 7.11% |
| SEA LTD., CLASS A, ADR | SE | 3.13% |
| DUOLINGO INC | DUOL | 2.47% |
Methodology & FAQ
How Foxhaven Asset Management, LP Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for Foxhaven Asset Management, LP against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did Foxhaven Asset Management, LP initiate in Q1 2026?
Foxhaven Asset Management, LP established 1 new position in Q1 2026: LIBERTY MEDIA CORP DEL (FWONK, 3.39%).
Which existing positions saw the largest allocation increases for Foxhaven Asset Management, LP in Q1 2026?
The largest portfolio-weight increases in existing positions were: VISA INC (V, +2.50% weight, +39.04% shares), DOORDASH INC (DASH, +0.73% weight, +33.86% shares), ALPHABET INC (GOOG, +2.88% weight, +23.99% shares), NU HOLDINGS LTD (NU, +0.84% weight, +18.74% shares), AFFIRM HLDGS INC (AFRM, +-0.32% weight, +15.66% shares), NETFLIX INC (NFLX, +1.30% weight, +8.33% shares).
Which positions did Foxhaven Asset Management, LP fully exit in Q1 2026?
Foxhaven Asset Management, LP fully exited 3 positions in Q1 2026: MICROSOFT CORP (MSFT, last-reported weight 7.11%), SEA LTD., CLASS A, ADR (SE, last-reported weight 3.13%), DUOLINGO INC (DUOL, last-reported weight 2.47%).
Which existing positions saw the largest allocation reductions for Foxhaven Asset Management, LP in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: AMAZON COM INC (AMZN, -1.44% weight, -21.62% shares), ROBLOX CORP (RBLX, -1.29% weight, -16.17% shares), COUPANG INC (CPNG, -1.20% weight, -13.67% shares), AURORA INNOVATION INC (AUR, 0.28% weight, -8.36% shares), HILTON WORLDWIDE HOLDINGS INC (HLT, 1.95% weight, -8.25% shares), FERGUSON ENTERPRISES INC (FERG, 1.85% weight, -8.25% shares), MERCADOLIBRE INC (MELI, 1.25% weight, -0.36% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.