Managers / Q1 2021 · view latest →
Wishbone Management, LP
CIK 0001777734 · 444 WEST LAKE STREET, 49TH FLOOR, CHICAGO, IL, 60606 · 312-265-5560
Summary
Wishbone Management, LP reported $596M in U.S.-listed holdings across 9 positions for Q1 2021.
The portfolio is heavily concentrated: MU alone accounts for 21.9% of reported value.
Compared with Q4 2020, the fund opened 2 new positions and exited 4.
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 · 75.6% · $450M
- Other · 18.3% · $109M
- ADR · 6.1% · $36M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ELVANTHEM INC | NEW | +320.0K | 320.0K | +$115M | $115M |
| AEOAMERICAN EAGLE OUTFITTERS IN | NEW | +2.32M | 2.32M | +$68M | $68M |
| CONTEXTLOGIC INC | ADDED | +1.96M | 2.60M | +$29M | $41M |
| ANGI1EURANGI HOMESERVICES INC | SOLD OUT | −3.08M | 0 | −$41M | $0 |
| GOOSCANADA GOOSE HLDGS INC | SOLD OUT | −1.20M | 0 | −$36M | $0 |
| JWNUSDNORDSTROM INC | SOLD OUT | −840.0K | 0 | −$26M | $0 |
| REALTHE REALREAL INC | SOLD OUT | −322.4K | 0 | −$6M | $0 |
| MUMICRON TECHNOLOGY INC | ADDED | +405.0K | 1.48M | +$50M | $131M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | MUMICRON TECHNOLOGY INChistory → | COM | 21.92% | $131M | 1.48M |
| 2 | ELVANTHEM INChistory → | COM | 19.28% | $115M | 320.0K |
| 3 | UNHUNITEDHEALTH GROUP INChistory → | COM | 18.43% | $110M | 295.0K |
| 4 | AEOAMERICAN EAGLE OUTFITTERS INhistory → | COM | 11.37% | $68M | 2.32M |
| 5 | CONTEXTLOGIC INC | COM CL A | 6.90% | $41M | 2.60M |
| 6 | PROASSURANCE CORP | COM | 6.23% | $37M | 1.39M |
| 7 | BABAALIBABA GROUP HLDG LTDhistory → | SPONSORED ADS | 6.09% | $36M | 160.0K |
| 8 | YANDEX N V | SHS CLASS A | 5.22% | $31M | 485.0K |
| 9 | UBERUBER TECHNOLOGIES INChistory → | COM | 4.58% | $27M | 500.0K |
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 ↗.