Managers / Q1 2026
H Squared Management LP
CIK 0002110996 · 888 7TH AVENUE, SUITE 2105, NEW YORK, NY, 10106 · 212-796-4956
Summary
H Squared Management LP reported $109M in U.S.-listed holdings across 14 positions for Q1 2026.
Its largest position, POST, represents 18.3% of the portfolio.
Compared with Q4 2025, the fund opened 5 new positions and exited 2.
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 · 80.3% · $87M
- ADR · 18.0% · $20M
- Tracking Stk · 1.6% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| HPEHEWLETT PACKARD ENTERPRISE C | NEW | +231.7K | 231.7K | +$6M | $6M |
| TREXTREX INC | NEW | +124.2K | 124.2K | +$5M | $5M |
| FNDFLOOR & DECOR HLDGS INC | NEW | +38.9K | 38.9K | +$2M | $2M |
| YSSYORK SPACE SYSTEMS INC | NEW | +81.3K | 81.3K | +$2M | $2M |
| FWONKLIBERTY MEDIA CORP DEL | NEW | +21.1K | 21.1K | +$2M | $2M |
| ATDATI INC | ADDED | +22.4K | 36.2K | +$4M | $5M |
| SPDR S&P 500 ETF TR | SOLD OUT | −83.0K | 0 | −$57M | $0 |
| TRMBTRIMBLE INC | SOLD OUT | −40.6K | 0 | −$3M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | POSTPOST HLDGS INChistory → | COM | 18.26% | $20M | 200.4K |
| 2 | AMZNAMAZON COM INChistory → | COM | 18.07% | $20M | 94.1K |
| 3 | TSMTAIWAN SEMICONDUCTOR MANUFAChistory → | SPONSORED ADS | 18.01% | $20M | 57.8K |
| 4 | CCKCROWN HLDGS INChistory → | COM | 9.45% | $10M | 102.3K |
| 5 | GWREGUIDEWIRE SOFTWARE INChistory → | COM | 5.79% | $6M | 42.0K |
| 6 | HPEHEWLETT PACKARD ENTERPRISE Chistory → | COM | 5.08% | $6M | 231.7K |
| 7 | ATDATI INChistory → | COM | 4.85% | $5M | 36.2K |
| 8 | GOOGLALPHABET INChistory → | CAP STK CL A | 4.52% | $5M | 17.1K |
| 9 | TREXTREX INChistory → | COM | 4.17% | $5M | 124.2K |
| 10 | TTWOTAKE-TWO INTERACTIVE SOFTWARhistory → | COM | 3.44% | $4M | 18.9K |
| 11 | CRSCARPENTER TECHNOLOGY CORPhistory → | COM | 3.23% | $4M | 8.9K |
| 12 | FNDFLOOR & DECOR HLDGS INChistory → | CL A | 1.82% | $2M | 38.9K |
| 13 | YSSYORK SPACE SYSTEMS INChistory → | COM | 1.66% | $2M | 81.3K |
| 14 | FWONKLIBERTY MEDIA CORP DELhistory → | COM LBTY ONE S C | 1.65% | $2M | 21.1K |
Filing History
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 ↗.