Managers / Q1 2025 · view latest →
Rule One Partners, LLC
CIK 0002040263 · 891 BEAR CREEK RD, MORELAND, GA, 30259 · 404 433-7444
Summary
Rule One Partners, LLC reported $256M in U.S.-listed holdings across 18 positions for Q1 2025.
Its largest position, NFLX, represents 19.7% of the portfolio.
Compared with Q4 2024, the fund opened 9 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
- Other · 54.7% · $140M
- Common Stock · 45.2% · $116M
- ETP · 0.1% · $229,895
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ALPHABET INC | NEW | +84.0K | 84.0K | +$13M | $13M |
| ASML HOLDING N V | NEW | +11.5K | 11.5K | +$8M | $8M |
| ASML HOLDING N V | NEW | +7.6K | 7.6K | +$5M | $5M |
| LAM RESEARCH CORP | NEW | +65.0K | 65.0K | +$5M | $5M |
| LULULEMON ATHLETICA INC | NEW | +10.0K | 10.0K | +$3M | $3M |
| LRCXLAM RESEARCH CORP | NEW | +32.0K | 32.0K | +$2M | $2M |
| AMATAPPLIED MATLS INC | NEW | +15.0K | 15.0K | +$2M | $2M |
| PYPLPAYPAL HLDGS INC | NEW | +32.0K | 32.0K | +$2M | $2M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NFLXNETFLIX INChistory → | COM | 19.71% | $50M | 54.1K |
| 2 | SFMSPROUTS FMRS MKT INChistory → | COM | 7.57% | $19M | 127.0K |
| 3 | OXYOCCIDENTAL PETE CORPhistory → | COM | 5.31% | $14M | 275.5K |
| 4 | HHHHOWARD HUGHES HOLDINGS INChistory → | COM | 4.69% | $12M | 162.0K |
| 5 | GOOGLALPHABET INChistory → | CAP STK CL A | 3.81% | $10M | 63.0K |
| 6 | ASML HOLDING N V | N Y REGISTRY SHS | 1.97% | $5M | 7.6K |
| 7 | LRCXLAM RESEARCH CORP | COM NEW | 0.91% | $2M | 32.0K |
| 8 | AMATAPPLIED MATLS INC | COM | 0.85% | $2M | 15.0K |
| 9 | PYPLPAYPAL HLDGS INC | COM | 0.82% | $2M | 32.0K |
| 10 | LULULULULEMON ATHLETICA INC | COM | 0.77% | $2M | 7.0K |
| 11 | ULTAULTA BEAUTY INC | COM | 0.73% | $2M | 5.1K |
| 12 | VANECK ETF TRUST | GOLD MINERS ETF | 0.09% | $229,895 | 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 ↗.