SEC 13F Intelligence

Managers / Q4 2025 · view latest →

HS Management Partners, LLC

CIK 0001455253 · 540 MADISON AVENUE, 24TH FLOOR, NEW YORK, NY, 10022 · 212-888-0060

Reported Value
$469M
Q4 2025
Positions
24
Filings on Record
32
2019–present window
Filed
Feb 9, 2026
original filing

Summary

Hs Management Partners, LLC reported $469M in U.S.-listed holdings across 24 positions for Q4 2025.

Its largest position, GOOG, represents 7.0% of the portfolio.

Compared with Q3 2025, the fund opened 1 new position and exited 2.

Portfolio Metrics

Turnover
+4.6%
vs prior filed quarter
Top-10 Concentration
+55.9%
share of reported value
Largest Position
+7.0%
Alphabet
New / Exited
1 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.8BQ4 ’18Q1 ’19: $3.0BQ2 ’19: $3.0BQ3 ’19: $3.0BQ4 ’19: $3.1BQ4 ’19Q1 ’20: $2.3BQ2 ’20: $2.7BQ3 ’20: $3.0BQ4 ’20: $3.3BQ4 ’20Q1 ’21: $3.4BQ2 ’21: $3.6BQ3 ’21: $3.5BQ4 ’21: $3.8BQ4 ’21Q1 ’22: $3.5BQ2 ’22: $2.8BQ3 ’22: $2.2BQ4 ’22: $2.2BQ4 ’22Q1 ’23: $2.3BQ2 ’23: $2.3BQ3 ’23: $2.1BQ4 ’23: $2.2BQ4 ’23Q1 ’24: $2.2BQ2 ’24: $1.8BQ3 ’24: $1.6BQ4 ’24: $1.5BQ4 ’24Q1 ’25: $1.2BQ2 ’25: $1.2BQ3 ’25: $770MQ4 ’25: $469MQ4 ’25Q1 ’26: $286Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 100.0%
  • Common Stock · 100.0% · $469M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NFLXNETFLIX INCNEW+240.4K240.4K+$23M$23M
PGPROCTER & GAMBLESOLD OUT−204.8K0−$31M$0
LULULULULEMON ATHLETICA INCSOLD OUT−102.8K0−$18M$0
PYPLPAYPAL HOLDINGS INCTRIMMED−488.6K172.7K−$34M$10M
PEPPEPSICO INCORPORATEDTRIMMED−129.7K56.5K−$18M$8M
RLRALPH LAUREN CORP CL ATRIMMED−46.4K39.8K−$13M$14M
GOOGALPHABET INC CL CTRIMMED−106.3K103.8K−$19M$33M
ABNBAIRBNBTRIMMED−82.5K97.1K−$9M$13M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGALPHABET INC CL Chistory →COM6.95%$33M103.8K
2AMZNAMAZON.COM INChistory →COM6.37%$30M129.4K
3DISDISNEY WALT CO COMhistory →COM6.17%$29M254.2K
4METAMETA PLATFORMS INC - CL Ahistory →COM5.66%$26M40.1K
5MSFTMICROSOFT CORPhistory →COM5.61%$26M54.3K
6DKSDICKS SPORTING GOODS INChistory →COM5.34%$25M126.4K
7MCDMCDONALDS CORPhistory →COM5.33%$25M81.7K
8GAPGAP INChistory →COM4.87%$23M890.6K
9UBERUBER TECHNOLOGIES INChistory →COM4.81%$23M276.1K
10NFLXNETFLIX INChistory →COM4.81%$23M240.4K
11BKNGBOOKING HOLDINGS INChistory →COM4.75%$22M4.2K
12KOCOCA-COLA COhistory →COM4.54%$21M304.5K
13NKENIKE INC CL Bhistory →COM4.46%$21M328.0K
14SBUXSTARBUCKS CORPhistory →COM3.27%$15M181.9K
15CARTMAPLEBEAR INChistory →COM3.25%$15M338.1K
16WSMWILLIAMS-SONOMA INChistory →COM3.11%$15M81.6K
17RLRALPH LAUREN CORP CL Ahistory →COM3.00%$14M39.8K
18DPZDOMINO'S PIZZA, INC.history →COM2.95%$14M33.2K
19MATMATTEL INC COMhistory →COM2.89%$14M683.2K
20ABNBAIRBNBhistory →COM2.81%$13M97.1K
21VVISA INC CL A COMMON STOCKhistory →COM2.72%$13M36.3K
22HDHOME DEPOT INChistory →COM2.44%$11M33.2K
23PYPLPAYPAL HOLDINGS INChistory →COM2.15%$10M172.7K
24PEPPEPSICO INCORPORATEDhistory →COM1.73%$8M56.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$286M24Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$469M24Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$770M25Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.2B25Jul 22, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$1.2B23May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.5B23Feb 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.6B23Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.8B22Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.2B23Apr 16, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.2B21Jan 11, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.1B22Oct 5, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.3B22Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.3B22May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.2B23Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.2B24Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.8B24Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.5B24May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.8B25Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.5B24Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.6B24Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.4B24May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.3B23Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.0B24Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.7B21Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.3B21May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.1B21Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.0B23Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.0B24Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$3.0B23May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.8B22Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.