Managers / Q4 2020 · view latest →
Wishbone Management, LP
CIK 0001777734 · 444 WEST LAKE STREET, 49TH FLOOR, CHICAGO, IL, 60606 · 312-265-5560
Summary
Wishbone Management, LP reported $437M in U.S.-listed holdings across 11 positions for Q4 2020.
The portfolio is heavily concentrated: UNH alone accounts for 23.7% of reported value.
Compared with Q3 2020, the fund opened 3 new positions and exited 5.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 72.9% · $319M
- Other · 18.5% · $81M
- ADR · 8.5% · $37M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MUMICRON TECHNOLOGY INC | NEW | +1.07M | 1.07M | +$81M | $81M |
| CONTEXTLOGIC INC | NEW | +640.0K | 640.0K | +$12M | $12M |
| REALTHE REALREAL INC | NEW | +322.4K | 322.4K | +$6M | $6M |
| ANGI1EURANGI HOMESERVICES INC | ADDED | +2.00M | 3.08M | +$29M | $41M |
| JECUSDJACOBS ENGR GROUP INC | SOLD OUT | −320.0K | 0 | −$30M | $0 |
| JDJD.COM INC | SOLD OUT | −370.0K | 0 | −$29M | $0 |
| CARGCARGURUS INC | SOLD OUT | −1.30M | 0 | −$28M | $0 |
| UPWKUPWORK INC | SOLD OUT | −1.60M | 0 | −$28M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | UNHUNITEDHEALTH GROUP INChistory → | COM | 23.68% | $103M | 295.0K |
| 2 | MUMICRON TECHNOLOGY INChistory → | COM | 18.50% | $81M | 1.07M |
| 3 | ANGI1EURANGI HOMESERVICES INChistory → | COM CL A | 9.30% | $41M | 3.08M |
| 4 | BABAALIBABA GROUP HLDG LTDhistory → | SPONSORED ADS | 8.52% | $37M | 160.0K |
| 5 | GOOSCANADA GOOSE HLDGS INChistory → | SHS SUB VTG | 8.18% | $36M | 1.20M |
| 6 | PROASSURANCE CORP | COM | 8.14% | $36M | 2.00M |
| 7 | YANDEX N V | SHS CLASS A | 7.72% | $34M | 485.0K |
| 8 | JWNUSDNORDSTROM INChistory → | COM | 6.00% | $26M | 840.0K |
| 9 | UBERUBER TECHNOLOGIES INChistory → | COM | 5.84% | $26M | 500.0K |
| 10 | CONTEXTLOGIC INC | COM CL A | 2.67% | $12M | 640.0K |
| 11 | REALTHE REALREAL INChistory → | COM | 1.44% | $6M | 322.4K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $136M | 4 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $234M | 5 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $186M | 4 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $221M | 4 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $167M | 4 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $211M | 4 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $279M | 5 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $310M | 5 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $283M | 4 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $226M | 3 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $282M | 6 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $334M | 7 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $347M | 9 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $323M | 9 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $347M | 10 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $275M | 7 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $510M | 9 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $735M | 11 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $725M | 10 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $648M | 10 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $596M | 9 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $437M | 11 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $474M | 13 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $404M | 12 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $333M | 11 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $435M | 9 | Feb 14, 2020 | 13F-HR | changes · 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 ↗.