Managers / Q4 2024 · view latest →
Rule One Partners, LLC
CIK 0002040263 · 891 BEAR CREEK RD, MORELAND, GA, 30259 · 404 433-7444
Summary
Rule One Partners, LLC reported $259M in U.S.-listed holdings across 13 positions for Q4 2024.
The portfolio is heavily concentrated: NFLX alone accounts for 21.1% of reported value.
Compared with Q3 2024, the fund opened 5 new positions and exited 3.
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
- Other · 52.1% · $135M
- Common Stock · 46.5% · $120M
- ETP · 1.4% · $4M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ULTA BEAUTY INC | NEW | +10.0K | 10.0K | +$4M | $4M |
| NKENIKE INC | NEW | +52.0K | 52.0K | +$4M | $4M |
| VANECK ETF TRUST | NEW | +105.0K | 105.0K | +$4M | $4M |
| LULULULULEMON ATHLETICA INC | NEW | +7.0K | 7.0K | +$3M | $3M |
| SLVISHARES SILVER TR | NEW | +5.0K | 5.0K | +$131,676 | $131,676 |
| RGRSTURM RUGER & CO INC | SOLD OUT | −219.3K | 0 | −$9M | $0 |
| CAPRI HOLDINGS LIMITED | SOLD OUT | −58.5K | 0 | −$2M | $0 |
| OZKBANK OZK LITTLE ROCK ARK | SOLD OUT | −40.0K | 0 | −$2M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NFLXNETFLIX INChistory → | COM | 21.14% | $55M | 61.5K |
| 2 | SFMSPROUTS FMRS MKT INChistory → | COM | 6.22% | $16M | 127.0K |
| 3 | OXYOCCIDENTAL PETE CORPhistory → | COM | 6.20% | $16M | 325.5K |
| 4 | HHHHOWARD HUGHES HOLDINGS INChistory → | COM | 4.80% | $12M | 162.0K |
| 5 | GOOGLALPHABET INChistory → | CAP STK CL A | 4.60% | $12M | 63.0K |
| 6 | NKENIKE INChistory → | CL B | 1.52% | $4M | 52.0K |
| 7 | VANECK ETF TRUST | GOLD MINERS ETF | 1.37% | $4M | 105.0K |
| 8 | LULULULULEMON ATHLETICA INChistory → | COM | 1.03% | $3M | 7.0K |
| 9 | ULTAULTA BEAUTY INC | COM | 0.94% | $2M | 5.6K |
| 10 | SLVISHARES SILVER TR | ISHARES | 0.05% | $131,676 | 5.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $101M | 12 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $685M | 14 | Feb 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $711M | 11 | Nov 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $184M | 9 | Aug 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $256M | 18 | May 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $259M | 13 | Jan 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $234M | 11 | Nov 22, 2024 | 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 ↗.