Shellback Capital, LP
SEC Form 13F institutional filer · CIK 0001591744
13F-HR · 36 reported holdings · 2026-03-31
Reported long-US-equity value
$0.40B
Top-10 concentration
65.0%
Shellback Capital, LP — $397M AUM allocation strategy
Shellback Capital, LP files SEC Form 13F and reports $397M of long US equity value across 36 reported holdings for 2026-03-31.
Its largest sector bet is Consumer Discretionary 36.4%, followed by Information Technology 22.1% and Financials 9.8%.
The top 10 holdings account for 65% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Shellback Capital, LP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$397M
total across 36 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
65% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$CCL +100K sh · +$2.35M+$HLT +35K sh · +$11.6M+$MAR +27K sh · +$8.92M
Biggest trims (shares)
−$TPR −207K sh · −$22.8M−$ABNB −115K sh · −$15.8M−$UBER −100K sh · −$8.66M
Exited to nil (held last quarter, gone now)
$ULTA ($55.4M last qtr)$AMZN ($28.9M last qtr)$NXPI ($17.7M last qtr)$MCHP ($14.3M last qtr)$CMI ($10.2M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Apparel, Accessories & Luxury Goods17.5%—
- Hotels, Resorts & Cruise Lines9.5%—
- Apparel Retail9.3%—
- Electronic Equipment & Instruments9.2%—
- Semiconductors7.7%—
- Electronic Components5.2%—
- Interactive Media & Services4.3%—
- Diversified Banks4.3%—
- Other holdings33.0%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $TPR | Tapestry Inc | 272K | $38.3M | -207K | 9.7% |
| $ROST | Ross Stores Inc | 172K | $37.2M | -98.2K | 9.4% |
| $ZBRA | Zebra Technologies Corporation | 174K | $36.5M | — | 9.2% |
| $RL | Ralph Lauren Corporation | 90.5K | $31.1M | -64.9K | 7.8% |
| $HLT | Hilton Worldwide Holdings Inc | 90K | $27.4M | +35K | 6.9% |
| $COHR | Coherent Corp | 87.2K | $20.8M | — | 5.2% |
| $AMD | Advanced Micro Devices Inc | 100K | $20.3M | — | 5.1% |
| $C | Citigroup Inc | 150K | $17M | — | 4.3% |
| $BX | Blackstone Inc | 702K | $15.9M | — | 4.0% |
| $DHR | Danaher Corporation | 70.6K | $13.4M | — | 3.4% |
…and 26 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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