Hound Partners 13F, Q2 2025
Jonathan Auerbach · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 1353316
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 28 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| CARNIVAL CORP | CCL1EUR | $98.08M | 13.3% | -8% shares |
| SEA LTD | SE | $79.97M | 10.8% | new |
| NVIDIA CORPORATION | NVDA | $79.96M | 10.8% | -30% shares |
| NORWEGIAN CRUISE LINE HLDG L | $68.00M | 9.2% | -16% shares | |
| EXPEDIA GROUP INC | EXPE | $59.21M | 8.0% | -17% shares |
| GOLDMAN SACHS GROUP INC | GS | $56.62M | 7.7% | new |
| BIO RAD LABS INC | BIO | $43.90M | 5.9% | -10% shares |
| GOLAR LNG LTD | $26.92M | 3.6% | +29% shares | |
| APPLE INC | AAPL | $25.24M | 3.4% | new |
| ENTEGRIS INC | ENTG | $24.82M | 3.4% | +33% shares |
| ARROW ELECTRS INC | ARW | $20.69M | 2.8% | -10% shares |
| MICROSOFT CORP | MSFT | $19.94M | 2.7% | -10% shares |
| LIBERTY MEDIA CORP DEL | $17.79M | 2.4% | +85% shares | |
| WORKDAY INC | WDAY | $14.86M | 2.0% | -12% shares |
| DOLLAR GEN CORP NEW | DG | $13.79M | 1.9% | -30% shares |
| ON HLDG AG | $13.01M | 1.8% | new | |
| HCA HEALTHCARE INC | HCA | $12.19M | 1.6% | -10% shares |
| AMAZON COM INC | AMZN | $11.94M | 1.6% | -5% shares |
| VAIL RESORTS INC | MTN | $11.72M | 1.6% | +49% shares |
| ICON PLC | $10.91M | 1.5% | new | |
| MOHAWK INDS INC | MHK | $10.81M | 1.5% | +82% shares |
| FISERV INC | FISV | $5.75M | 0.8% | new |
| UNITEDHEALTH GROUP INC | UNH | $4.19M | 0.6% | new |
| RAPID7 INC | RPD | $3.54M | 0.5% | -10% shares |
| G III APPAREL GROUP LTD | GIII | $2.82M | 0.4% | new |
What changed since Q1 2025
Against the Q1 2025 filing, Hound Partners opened 11 new positions, added to 5, trimmed 12, left 0 unchanged and exited 0. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 3 more
Exited
Nothing from the previous filing was sold outright.
Added to
Other quarters
Source: SEC Form 13F-HR, accession 0001375836-25-000008, filed by Hound Partners, LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.