SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Wishbone Management, LP

CIK 0001777734 · 444 WEST LAKE STREET, 49TH FLOOR, CHICAGO, IL, 60606 · 312-265-5560

Reported Value
$474M
Q3 2020
Positions
13
Filings on Record
26
2019–present window
Filed
Nov 16, 2020
original filing

Summary

Wishbone Management, LP reported $474M in U.S.-listed holdings across 13 positions for Q3 2020.

Its largest position, BABA, represents 19.5% of the portfolio.

Compared with Q2 2020, the fund opened 3 new positions and exited 2.

Portfolio Metrics

Turnover
+15.9%
vs prior filed quarter
Top-10 Concentration
+92.2%
share of reported value
Largest Position
+19.5%
Alibaba Group Sh Adr
New / Exited
3 / 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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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 ’19: $435MQ4 ’19Q1 ’20: $333MQ2 ’20: $404MQ3 ’20: $474MQ4 ’20: $437MQ4 ’20Q1 ’21: $596MQ2 ’21: $648MQ3 ’21: $725MQ4 ’21: $735MQ4 ’21Q1 ’22: $510MQ2 ’22: $275MQ3 ’22: $347MQ4 ’22: $323MQ4 ’22Q1 ’23: $347MQ2 ’23: $334MQ3 ’23: $282MQ4 ’23: $226MQ4 ’23Q1 ’24: $283MQ2 ’24: $310MQ3 ’24: $279MQ4 ’24: $211MQ4 ’24Q1 ’25: $167MQ2 ’25: $221MQ3 ’25: $186MQ4 ’25: $234MQ4 ’25Q1 ’26: $136Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 63.8%ADR: 25.6%Other: 10.6%
  • Common Stock · 63.8% · $303M
  • ADR · 25.6% · $121M
  • Other · 10.6% · $50M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
JWNUSDNORDSTROM INCNEW+3.60M3.60M+$43M$43M
PROASSURANCE CORPNEW+1.17M1.17M+$18M$18M
SFIXSTITCH FIX INCNEW+243.1K243.1K+$7M$7M
WWAYFAIR INCSOLD OUT215.0K0$42M$0
ANETEURARISTA NETWORKS INCSOLD OUT108.0K0$23M$0
CARGCARGURUS INCADDED+450.0K1.30M+$7M$28M
UPWKUPWORK INCADDED+279.7K1.60M+$9M$28M
BABAAlibaba Group Sh ADRTRIMMED80.0K315.0K+$7M$93M

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

Holdings — Q3 2020

13 positions
#IssuerClass% PortfolioValueShares
1BABAAlibaba Group Sh ADRhistory →SPONSORED ADS19.54%$93M315.0K
2UNHUNITEDHEALTH GROUP INChistory →COM12.83%$61M195.0K
3GOOSCANADA GOOSE HLDGS INChistory →SHS SUB VTG10.52%$50M1.55M
4UBERUBER TECHNOLOGIES INChistory →COM9.43%$45M1.23M
5JWNUSDNORDSTROM INChistory →COM9.06%$43M3.60M
6Yandex NV ShsSHS CLASS A6.68%$32M485.0K
7JECUSDJACOBS ENGR GROUP INChistory →COM6.26%$30M320.0K
8JDJD.COM INChistory →SPON ADR CL A6.06%$29M370.0K
9CARGCARGURUS INChistory →COM CL A5.93%$28M1.30M
10UPWKUPWORK INChistory →COM5.89%$28M1.60M
11PROASSURANCE CORPCOM3.88%$18M1.17M
12ANGI1EURANGI HOMESERVICES INChistory →COM CL A2.53%$12M1.08M
13SFIXSTITCH FIX INChistory →COM CL A1.39%$7M243.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$136M4May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$234M5Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$186M4Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$221M4Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$167M4May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$211M4Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$279M5Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$310M5Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$283M4May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$226M3Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$282M6Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$334M7Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$347M9May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$323M9Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$347M10Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$275M7Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$510M9May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$735M11Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$725M10Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$648M10Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$596M9May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$437M11Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$474M13Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$404M12Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$333M11May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$435M9Feb 14, 202013F-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 ↗.