Gavilan Investment Partners LLC: COUPANG INC (CPNG): Quarterly 13F Position History
As of Q1 2026, Gavilan Investment Partners LLC reported 1,465,000 shares of COUPANG INC (CPNG), worth $27.7M and representing 7.4% of its 13F equity book. Quarter-over-quarter share count change: + 70,000 (+5.0%) . The position first appeared in Q4 2022 and has been disclosed across 14 13F-HR filings in Pactolio's tracked window.
- 1,465,000Shares Held (Latest Filing)
- $27.7MReported Market Value (Latest Filing)
- 7.4%Portfolio Weight (% of 13F Equity Book)
- +70,000Quarter-over-Quarter Share Change
- -$5.2MQuarter-over-Quarter Value Change
- 1,465,000Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 14 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,465,000 | +70,000 | +5.0% | $27.7M | 7.4% | $18.9 |
| Q4 2025 | 1,395,000 | +130,000 | +10.3% | $32.9M | 7.9% | $23.6 |
| Q3 2025 | 1,265,000 | +110,000 | +9.5% | $40.7M | 9.1% | $32.2 |
| Q2 2025 | 1,155,000 | +40,000 | +3.6% | $34.6M | 8.3% | $30.0 |
| Q1 2025 | 1,115,000 | 0 | — | $24.5M | 6.9% | $21.9 |
| Q4 2024 | 1,115,000 | +75,000 | +7.2% | $24.5M | 6.8% | $22.0 |
| Q3 2024 | 1,040,000 | 0 | — | $25.5M | 7.3% | $24.6 |
| Q2 2024 | 1,040,000 | 255,000 | -19.7% | $21.8M | 6.9% | $20.9 |
| Q1 2024 | 1,295,000 | +125,000 | +10.7% | $23.0M | 7.5% | $17.8 |
| Q4 2023 | 1,170,000 | +329,000 | +39.1% | $18.9M | 7.0% | $16.2 |
| Q3 2023 | 841,000 | +8,000 | +1.0% | $14.3M | 6.2% | $17.0 |
| Q2 2023 | 833,000 | +607 | +0.1% | $14.5M | 6.5% | $17.4 |
| Q1 2023 | 832,393 | +460,526 | +123.8% | $13.3M | 6.9% | $16.0 |
| Q4 2022 | 371,867 | — | — | $5.5M | 5.6% | $14.7 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Gavilan Investment Partners LLC first disclose a CPNG position in 13F-HR filings?
Gavilan Investment Partners LLC first reported COUPANG INC (CPNG) on its 13F-HR filing for the period ending 2022-12-31 (Q4 2022). The position has appeared on 14 reported quarters within Pactolio's tracked window.
What was Gavilan Investment Partners LLC's most recent quarter-over-quarter share-count change in CPNG?
Between Q4 2025 and Q1 2026, Gavilan Investment Partners LLC added 70,000 shares of CPNG (+5.0%), bringing the total reported position to 1,465,000 shares at a market value of $27.7M.
Does the implied price-per-share represent Gavilan Investment Partners LLC's cost basis in CPNG?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.