SEC 13F Intelligence

Managers / Q4 2024 · view latest →

Shellback Capital, LP

CIK 0001591744 · 260 FRANKLIN STREET, SUITE 1901, BOSTON, MA, 02110 · 617-204-5500

Reported Value
$1.5B
Q4 2024
Positions
119
Filings on Record
31
2019–present window
Filed
Feb 14, 2025
original filing

Summary

Shellback Capital, LP reported $1.5B in U.S.-listed holdings across 119 positions for Q4 2024.

Its largest position, Ftai Aviation, represents 5.3% of the portfolio.

Compared with Q3 2024, the fund opened 50 new positions and exited 30.

Portfolio Metrics

Turnover
+41.0%
vs prior filed quarter
Top-10 Concentration
+33.1%
share of reported value
Largest Position
+5.3%
Ftai Aviation
New / Exited
50 / 30
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: $553MQ4 ’18Q1 ’19: $841MQ2 ’19: $803MQ3 ’19: $956MQ4 ’19: $894MQ4 ’19Q1 ’20: $452MQ2 ’20: $959MQ3 ’20: $1.3BQ4 ’20: $1.2BQ4 ’20Q1 ’21: $1.7BQ2 ’21: $1.8BQ3 ’21: $1.7BQ4 ’21: $1.7BQ4 ’21Q1 ’22: $755MQ2 ’22: $575MQ3 ’22: $692MQ4 ’22: $558MQ4 ’22Q1 ’23: $887MQ2 ’23: $1.1BQ3 ’23: $1.0BQ4 ’23: $1.1BQ4 ’23Q1 ’24: $1.5BQ2 ’24: $1.4BQ3 ’24: $1.2BQ4 ’24: $1.5BQ4 ’24Q1 ’25: $1.0BQ2 ’25: $1.5BQ3 ’25: $1.6BQ4 ’25: $1.0BQ4 ’25Q1 ’26: $703Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 78.1%Other: 21.7%ADR: 0.2%
  • Common Stock · 78.1% · $1.1B
  • Other · 21.7% · $315M
  • ADR · 0.2% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FTAI AVIATION LTDNEW+531.2K531.2K+$77M$77M
GSGOLDMAN SACHS GROUP INCNEW+85.0K85.0K+$49M$49M
AJGGALLAGHER ARTHUR J & CONEW+166.6K166.6K+$47M$47M
ACCENTURE PLC IRELANDNEW+115.0K115.0K+$40M$40M
AMZNAMAZON COM INCNEW+175.0K175.0K+$38M$38M
ROKROCKWELL AUTOMATION INCNEW+105.9K105.9K+$30M$30M
TOWER SEMICONDUCTOR LTDNEW+412.8K412.8K+$21M$21M
LADLITHIA MTRS INCNEW+53.1K53.1K+$19M$19M

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

Holdings — Q4 2024

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FTAI AVIATION LTDSHS5.27%$77M531.2K
2TPRTAPESTRY INChistory →COM4.51%$66M1.00M
3GSGOLDMAN SACHS GROUP INChistory →COM3.35%$49M85.0K
4AJGGALLAGHER ARTHUR J & COhistory →COM3.26%$47M166.6K
5TOLTOLL BROTHERS INChistory →COM3.12%$45M360.0K
6DKSDICKS SPORTING GOODS INChistory →COM3.08%$45M195.3K
7ACCENTURE PLC IRELANDSHS CLASS A2.79%$40M115.0K
8GPIGROUP 1 AUTOMOTIVE INChistory →COM2.67%$39M92.0K
9AMZNAMAZON COM INChistory →COM2.64%$38M175.0K
10LITELUMENTUM HLDGS INChistory →COM2.38%$35M412.0K
11DECKDECKERS OUTDOOR CORPhistory →COM2.38%$35M170.1K
12ROKROCKWELL AUTOMATION INChistory →COM2.08%$30M105.9K
13AMER SPORTS INCCOM SHS2.08%$30M1.08M
14ROYAL CARIBBEAN GROUPCOM2.07%$30M130.0K
15NFLXNETFLIX INChistory →COM1.84%$27M30.0K
16DKNGDRAFTKINGS INC NEWhistory →COM CL A1.83%$27M712.5K
17METAMETA PLATFORMS INChistory →CL A1.82%$26M45.0K
18HLTHILTON WORLDWIDE HLDGS INChistory →COM1.62%$23M95.0K
19SHARKNINJA INCCOM SHS1.51%$22M224.5K
20TOWER SEMICONDUCTOR LTDSHS NEW1.46%$21M412.8K
21COPA HOLDINGS SACL A1.39%$20M230.0K
22LADLITHIA MTRS INChistory →COM1.31%$19M53.1K
23WMTWALMART INChistory →COM1.31%$19M210.0K
24RLRALPH LAUREN CORPhistory →CL A1.30%$19M81.5K
25ANFABERCROMBIE & FITCH COhistory →CL A1.18%$17M115.0K
26BOOTBOOT BARN HLDGS INChistory →COM1.15%$17M110.3K
27LTHLIFE TIME GROUP HOLDINGS INChistory →COMMON STOCK1.15%$17M751.6K
28SPOTIFY TECHNOLOGY S ASHS1.08%$16M35.0K
29OLLIOLLIES BARGAIN OUTLET HLDGShistory →COM1.07%$16M141.5K
30PHPARKER-HANNIFIN CORPhistory →COM1.07%$16M24.4K
31BBWIBATH & BODY WORKS INChistory →COM1.07%$16M400.0K
32ROSTROSS STORES INChistory →COM1.04%$15M100.0K
33BURLBURLINGTON STORES INChistory →COM0.98%$14M50.0K
34GAPGAP INChistory →COM0.86%$12M526.2K
35ENSENERSYShistory →COM0.85%$12M134.0K
36CMGCHIPOTLE MEXICAN GRILL INChistory →COM0.83%$12M200.0K
37PCARPACCAR INChistory →COM0.82%$12M114.2K
38ORLYOREILLY AUTOMOTIVE INChistory →COM0.82%$12M10.0K
39VIKING HOLDINGS LTDORD SHS0.80%$12M263.9K
40PAHUSDELEMENT SOLUTIONS INChistory →COM0.77%$11M439.5K
41CCL1EURCARNIVAL CORPhistory →UNIT 99/99/99990.73%$11M425.0K
42GLWCORNING INChistory →COM0.72%$10M220.0K
43SHAKSHAKE SHACK INChistory →CL A0.72%$10M80.0K
44CARTMAPLEBEAR INChistory →COM0.71%$10M250.0K
45FLUTTER ENTMT PLCSHS0.71%$10M40.0K
46CHRCHURCHILL DOWNS INChistory →COM0.69%$10M74.9K
47ULTAULTA BEAUTY INCCOM0.66%$10M22.0K
48ASOACADEMY SPORTS & OUTDOORS INCOM0.64%$9M162.5K
49MTHMERITAGE HOMES CORPCOM0.64%$9M60.2K
50OGM1COGENT COMMUNICATIONS HLDGSCOM NEW0.64%$9M120.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$703M79May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.0B85Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.6B104Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.5B104Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.0B87May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.5B119Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.2B99Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.4B118Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.5B123May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.1B97Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.0B90Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.1B84Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$887M86May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$558M74Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$692M82Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$575M70Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$755M81May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.7B102Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.7B109Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.8B114Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.7B114May 27, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2020$1.2B95Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.3B89Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$959M90Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$452M60May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$894M52Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$956M54Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$803M87Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$841M97May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$553M68Feb 14, 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 ↗.