13F
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STEADFAST CAPITAL MANAGEMENT LP

13F equity value
$2.7B
Positions
67
Top 10 concentration
47.7%
Quarters / total new picks
31 / 365
13F equity value over time
$0M$5B$10B2017201820192020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 31 quarters, returned +4.3% per quarter — versus +3.3% per quarter from simply owning every 13F stock. It beat that baseline in only 58.1% of quarters (excess t = 1.06, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+2.6%
t-stat
1.06
Quarterly win rate
58%
Annualized excess
+4.5%
$1 → follow vs universe
$3.33 vs $2.45
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180630: universe 0.95920180930: universe 1.00320181231: universe 0.99220190331: universe 0.97520190630: universe 1.04820190930: universe 1.12720191231: universe 0.90920200331: universe 1.09620200630: universe 1.21120200930: universe 1.48520201231: universe 1.55320210331: universe 1.56620210630: universe 1.69220210930: universe 1.51920220331: universe 1.63020220630: universe 1.51020220930: universe 1.62320221231: universe 1.50720230331: universe 1.58820230630: universe 1.53120230930: universe 1.73820231231: universe 1.81520240331: universe 1.85620240630: universe 2.02520240930: universe 2.00720241231: universe 1.87320250331: universe 2.04220250630: universe 2.10720250930: universe 2.36920251231: universe 2.451 20180331: follow 0.98920180630: follow 0.84420180930: follow 0.91420181231: follow 0.97520190331: follow 0.93420190630: follow 1.01120190930: follow 1.22620191231: follow 1.05820200331: follow 1.23820200630: follow 1.45120200930: follow 1.44320201231: follow 1.40320210331: follow 1.46820210630: follow 1.54620210930: follow 1.65120220331: follow 1.71420220630: follow 1.53020220930: follow 1.64620221231: follow 1.96320230331: follow 2.13920230630: follow 2.15420230930: follow 2.37220231231: follow 2.53120240331: follow 2.76720240630: follow 3.06120240930: follow 3.16120241231: follow 3.11620250331: follow 2.98620250630: follow 2.83620250930: follow 3.18520251231: follow 3.333 0.78 2.19 3.60 20182019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 67 · 2026 Q1

Ticker Value Weight QoQ
PFGC $291M
11.0%
ADD
PLNT $165M
6.2%
ADD
TXRH $150M
5.7%
TRIM
SN $130M
4.9%
NEW
LYV $102M
3.9%
ADD
CSCO $99M
3.7%
TRIM
NVDA $85M
3.2%
TRIM
TSM $84M
3.1%
TRIM
SPHR $84M
3.1%
TRIM
SGI $77M
2.9%
NEW
CMG $76M
2.9%
TRIM
INTU $76M
2.9%
NEW
CBOE $67M
2.5%
NEW
HD $67M
2.5%
TRIM
CNK $59M
2.2%
ADD
GOOGL $56M
2.1%
TRIM
SHOP $56M
2.1%
TRIM
KNX $55M
2.1%
NEW
MHK $53M
2.0%
TRIM
AIG $53M
2.0%
ADD

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.