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Funds (13F)

Tremblant Capital Group

Backtest from 16 Aug 2013 to 2 Nov 2026 · weekly · hypothetical

Watch this strategy
Return a year
+14.9%
S&P 500 +14.1%
Last 12 months
−12.2%
S&P 500 +12.1%
Sharpe ratio
0.67
S&P 500 0.78
Biggest drop
−41.1%
S&P 500 −31.8%
$10.0k$20.0k$40.0k$80.0k 2013201520172019202120232025 $62.8k$57.0k
Tremblant Capital GroupS&P 500 $10,000 in Tremblant Capital Group from 16 Aug 2013 against the S&P 500 (total return) over the same dates, marked weekly, log scale. Hypothetical: before taxes and trading costs.

About

Copies Tremblant Capital Group's quarterly 13F holdings in the companies we cover, weighted by reported value: it buys on the first trading day after each 13F is filed (up to 45 days after the quarter) and holds until the next filing. A 13F shows long US-listed positions only, at the quarter's end, so this misses shorts, cash, bonds, non-US holdings and trading within the quarter.

Tremblant Capital Group's 13F holdings →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+14.9%+14.1%
Total return+528%+470%
Last 12 months−12.2%+12.1%
Last 3 months−1.1%—
Last month−6.3%—
This year so far−10.8%—
Volatility a year21.0%16.0%
Sharpe ratio0.670.78
Biggest drop−41.1%−31.8%
Beta to the S&P 5001.121.00
Alpha a year (t-statistic)+0.1% (0.04)—
Share of weeks up58%—

Sharpe ratio uses returns above the 3-month Treasury bill rate. Alpha is the yearly return left after allowing for the strategy's exposure to the S&P 500 (CAPM); a t-statistic below about 2 means it cannot be told apart from luck.

Insights

CompanyWeightHeld sinceReturn since
VRNS4.5%——
SMTC4.1%——
LYV3.9%——
SPOT3.9%——
MKSI3.8%——
DASH3.6%——
CPNG3.5%——
AFRM3.4%——
FORM3.3%——
BE3.2%——
TKO3.1%——
RDDT3.0%——
MDB2.9%——
WING2.7%——
NET2.7%——
QTWO2.5%——
HWM2.5%——
GRAB2.5%——
LITE2.4%——
CMG2.3%——
WH2.2%——
TLN2.2%——
RKLB2.0%——
WAB2.0%——
COR1.9%——
FTAI1.8%——
EME1.6%——
TRGP1.5%——
FCFS1.3%——
CVNA1.2%——
BWXT1.2%——
ROKU1.1%——
SBUX1.1%——
VLO1.0%——
DDOG1.0%——
MNDY1.0%——
IDXX1.0%——
NCLH0.9%——
GH0.8%——
UBER0.8%——
SOFI0.8%——
ALNY0.8%——
ONDS0.8%——
DIS0.8%——
PODD0.7%——
MELI0.7%——
ATEC0.6%——
AMZN0.6%——
NTRA0.6%——
INSM0.5%——
SHOP0.5%——
NRG0.4%——
MTCH0.2%——
CSGP0.2%——
EVR0.1%——
DKNG0.1%——
PGR0.1%——
RCL0.0%——

Weighted by reported value in the latest 13F, held until the next filing.

PeriodReturn a yearS&P 500SharpeS&P 500Biggest dropBetaAlpha (t)
Whole backtest16 Aug 2013 to 2 Nov 2026+14.9%+14.1%0.670.78−41.1%1.12+0.1% (0.04)
2018 onwards5 Jan 2018 to 2 Nov 2026+11.9%+13.9%0.480.66−41.1%1.13−2.2% (−0.55)
Last three years3 Nov 2023 to 2 Nov 2026+10.2%+21.8%0.361.16−26.8%1.19−11.8% (−1.64)
Last year7 Nov 2025 to 2 Nov 2026−8.3%+14.2%−0.450.84−21.3%1.36−23.5% (−1.50)
DateCompanyAction
21 Aug 2026SMTCBought
21 Aug 2026ONDSBought
21 Aug 2026NTRABought
21 Aug 2026NRGBought
21 Aug 2026GHBought
21 Aug 2026FORMBought
21 Aug 2026DDOGBought
22 May 2026VLOBought
22 May 2026NCLHBought
22 May 2026MKSIBought
22 May 2026FTAIBought
22 May 2026FCFSBought
20 Feb 2026VEEVBought
20 Feb 2026TRGPBought
20 Feb 2026TLNBought
20 Feb 2026SOFIBought
20 Feb 2026ROLBought
20 Feb 2026RKTBought
20 Feb 2026RKLBBought
20 Feb 2026RDDTBought
20 Feb 2026RCLBought
20 Feb 2026PODDBought
20 Feb 2026PCORBought
20 Feb 2026PARBought
20 Feb 2026PANWBought

Dated at the rebalance that made the change.

DateCompanyAction
21 Aug 2026ROLSold
21 Aug 2026PANWSold
21 Aug 2026NCNOSold
21 Aug 2026LIONSold
21 Aug 2026AXONSold
22 May 2026VEEVSold
22 May 2026VSold
22 May 2026RKTSold
22 May 2026PCORSold
22 May 2026PARSold
22 May 2026OKTASold
22 May 2026MASold
22 May 2026LPLASold
22 May 2026LNGSold
22 May 2026GLBESold
22 May 2026ELSold
22 May 2026CPAYSold
22 May 2026CHTRSold
22 May 2026BBWISold
20 Feb 2026VSXYSold
20 Feb 2026KDPSold
20 Feb 2026FIVNSold
21 Nov 2025PGSold
21 Nov 2025PARSold
21 Nov 2025PANWSold

Dated at the rebalance that made the change.

Backtests are hypothetical and use today's listed companies only, which flatters results. Past performance does not predict future returns. This is research, not investment advice. How we backtest