SEC 13F Intelligence

Managers / Q1 2026

HS Management Partners, LLC

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

Reported Value
$286M
Q1 2026
Positions
24
Filings on Record
32
2019–present window
Filed
Apr 27, 2026
original filing

Summary

Hs Management Partners, LLC reported $286M in U.S.-listed holdings across 24 positions for Q1 2026.

Its largest position, GOOG, represents 7.2% of the portfolio.

Compared with Q4 2025, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+6.1%
vs prior filed quarter
Top-10 Concentration
+58.7%
share of reported value
Largest Position
+7.2%
Alphabet
New / Exited
3 / 3
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: 97.7%Other: 2.3%
  • Common Stock · 97.7% · $279M
  • Other · 2.3% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AXPAMERICAN EXPRESS COMPANYNEW+34.1K34.1K+$10M$10M
SPOTIFY TECHNOLOGY SANEW+13.3K13.3K+$6M$6M
KMBKIMBERLY CLARK CORPNEW+66.0K66.0K+$6M$6M
MATMATTEL INC COMSOLD OUT−683.2K0−$14M$0
PYPLPAYPAL HOLDINGS INCSOLD OUT−172.7K0−$10M$0
PEPPEPSICO INCORPORATEDSOLD OUT−56.5K0−$8M$0
HDHOME DEPOT INCTRIMMED−23.9K9.3K−$8M$3M
SBUXSTARBUCKS CORPTRIMMED−106.3K75.6K−$9M$7M

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

Holdings — Q1 2026

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGALPHABET INC CL Chistory →COM7.23%$21M72.0K
2AMZNAMAZON.COM INChistory →COM7.12%$20M97.7K
3NFLXNETFLIX INChistory →COM6.84%$20M203.3K
4DKSDICKS SPORTING GOODS INChistory →COM6.08%$17M87.7K
5METAMETA PLATFORMS INC - CL Ahistory →COM5.89%$17M29.4K
6MSFTMICROSOFT CORPhistory →COM5.76%$16M44.4K
7DISDISNEY WALT CO COMhistory →COM5.56%$16M164.8K
8UBERUBER TECHNOLOGIES INChistory →COM5.52%$16M219.5K
9BKNGBOOKING HOLDINGS INChistory →COM4.52%$13M3.1K
10NKENIKE INC CL Bhistory →COM4.17%$12M225.6K
11KOCOCA-COLA COhistory →COM3.98%$11M149.5K
12MCDMCDONALDS CORPhistory →COM3.88%$11M35.7K
13DPZDOMINO'S PIZZA, INC.history →COM3.80%$11M30.3K
14AXPAMERICAN EXPRESS COMPANYhistory →COM3.61%$10M34.1K
15GAPGAP INChistory →COM3.45%$10M407.9K
16WSMWILLIAMS-SONOMA INChistory →COM3.39%$10M53.1K
17VVISA INC CL A COMMON STOCKhistory →COM3.34%$10M31.6K
18RLRALPH LAUREN CORP CL Ahistory →COM3.08%$9M25.6K
19CARTMAPLEBEAR INChistory →COM2.43%$7M185.6K
20ABNBAIRBNBhistory →COM2.41%$7M54.6K
21SBUXSTARBUCKS CORPhistory →COM2.37%$7M75.6K
22SPOTIFY TECHNOLOGY SACOM2.26%$6M13.3K
23KMBKIMBERLY CLARK CORPhistory →COM2.23%$6M66.0K
24HDHOME DEPOT INChistory →COM1.07%$3M9.3K

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 ↗.