Theleme Partners LLP 13F: Quarter-over-Quarter Portfolio Changes
Theleme Partners LLP reported a disclosed portfolio value of approximately $1.7 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 12.1% quarter on quarter. Over the quarter, the fund initiated 2 new positions, bought more shares in 6 holdings, and exited 2 positions.
Theleme Partners LLP's top buy was a new stake in Equinix, INC. REIT (EQIX) , equal to 6.5% of the disclosed portfolio. Its top sell was Flutter Entmt PLC (FLUT) . The fund exited the position completely after it had accounted for 6.6% of the previous portfolio.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| EQUINIX, INC. REIT | EQIX | 6.5% | History → |
| HDFC BANK LTD | HDB | 2.4% | History → |
Top BuysQ2 2026
The fund's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| AMAZON.COM INC | AMZN | +1.4% | +11.8% | History → |
| EQUIFAX INC | EFX | +-1.1% | +6.1% | History → |
| TRANSUNION COM | TRU | +-0.5% | +2.3% | History → |
| META PLATFORMS INC | META | +-1.8% | +1.9% | History → |
| UBER TECHNOLOGIES INC | UBER | +-1.6% | +0.4% | History → |
| MODERNA INC | MRNA | +6.3% | +0.1% | History → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| FLUTTER ENTMT PLC | FLUT | 6.6% |
| ROBINHOOD MKTS INC | HOOD | 5.3% |
Net Portfolio Value ChangeQ2 2026
- $1.5BPrior quarter
- $1.7BCurrent quarter
- +$0.2BNet delta
- +12.1%% change
Methodology & FAQ
How Theleme Partners LLP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Theleme Partners LLP: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did Theleme Partners LLP buy in Q2 2026?
In Q2 2026, Theleme Partners LLP initiated 2 new positions (EQUINIX, INC. REIT (EQIX), HDFC BANK LTD (HDB)); bought more shares of AMAZON.COM INC (AMZN), EQUIFAX INC (EFX), TRANSUNION COM (TRU), META PLATFORMS INC (META), UBER TECHNOLOGIES INC (UBER) (the largest 5 of 6 adds).
What stocks did Theleme Partners LLP sell in Q2 2026?
In Q2 2026, Theleme Partners LLP fully sold 2 positions (FLUTTER ENTMT PLC (FLUT), ROBINHOOD MKTS INC (HOOD)).
Which positions did Theleme Partners LLP initiate in Q2 2026?
Theleme Partners LLP established 2 new positions in Q2 2026: EQUINIX, INC. REIT (EQIX, 6.5%), HDFC BANK LTD (HDB, 2.4%).
Which existing positions saw the largest allocation increases for Theleme Partners LLP in Q2 2026?
Of 6 existing positions with share-count increases in Q2 2026, the largest were: AMAZON.COM INC (AMZN, +1.4% weight, +11.8% shares), EQUIFAX INC (EFX, +-1.1% weight, +6.1% shares), TRANSUNION COM (TRU, +-0.5% weight, +2.3% shares), META PLATFORMS INC (META, +-1.8% weight, +1.9% shares), UBER TECHNOLOGIES INC (UBER, +-1.6% weight, +0.4% shares), MODERNA INC (MRNA, +6.3% weight, +0.1% shares).
Which positions did Theleme Partners LLP fully exit in Q2 2026?
Theleme Partners LLP fully exited 2 positions in Q2 2026: FLUTTER ENTMT PLC (FLUT, last-reported weight 6.6%), ROBINHOOD MKTS INC (HOOD, last-reported weight 5.3%).
Which existing positions saw the largest allocation reductions for Theleme Partners LLP in Q2 2026?
Theleme Partners LLP reported no material allocation reductions in existing positions in Q2 2026.
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. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.