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Hound Partners

Hound Partners LP

Long-short

Founded by Jonathan Auerbach, Hound Partners is a fundamentals-driven long-short hedge fund.

As of June 30, 2026, the Hound Partners portfolio (Hound Partners LP) holds 32 equity positions worth $863M. That is up 7.9% from $799M in Q1 2026. Over the quarter, the fund opened 11 new positions, exited 14, increased 9 and trimmed 8 (full breakdown below).

Portfolio
$863M
Equity positions
32
Top 10 concentration
83.3%
Weighted yield
0.7%
Dividend coverage
2.2%

Portfolio as of June 30, 2026

Company Value %
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Quarterly moves

Q1 2026 → Q2 2026

Portfolio value went from $799M to $863M (+7.9%) quarter over quarter.

New buys

Amount invested · % of portfolio

11
  • CARNIVAL CORP LTD $127M · 14.7%
  • META PLATFORMS INC $102M · 11.8%
  • GOLDMAN SACHS GROUP INC $64M · 7.4%
  • NEBIUS GROUP N.V. $55M · 6.4%
  • CRH PLC $52M · 6.0%
  • IREN LIMITED $37M · 4.3%
  • BBB FOODS INC $7M · 0.8%
  • DIGITAL RLTY TR INC $6M · 0.7%
Positions added to

Amount bought · (±%) · % of portfolio

9
  • NORWEGIAN CRUISE LINE HLDGS $21M (+17.2%) · 16.4%
  • GOLAR LNG LTD $5M (+32.2%) · 2.6%
  • AMAZON COM INC $1M (+5.3%) · 2.4%
  • ENSIGN GROUP INC $12M (+130.4%) · 2.4%
  • MICROSOFT CORP $1M (+8%) · 2.2%
  • MOHAWK INDS INC $4M (+33.6%) · 1.9%
  • FOX CORP $794K (+5.4%) · 1.8%
  • LIBERTY LIVE HOLDINGS INC $967K (+8.5%) · 1.4%
Positions trimmed

Amount sold · (±%) · % of portfolio

8
  • NVIDIA CORPORATION $1M (-1.7%) · 11.3%
  • CAL MAINE FOODS INC $4M (-27.8%) · 1.4%
  • BEL FUSE INC $1M (-19.4%) · 1.0%
  • BIO RAD LABS INC $21M (-77%) · 0.8%
  • UNITEDHEALTH GROUP INC $399K (-32.2%) · 0.2%
  • BOBS DISC FURNITURE INC $588K (-41%) · 0.1%
  • HUMANA INC $644K (-60%) · 0.1%
  • ELEVANCE HEALTH INC FORMERLY $434K (-37.7%) · 0.1%

Portfolio value over time

Top 10 holdings evolution as of June 30, 2026

Share of portfolio (%) since inception, top 10 as of the selected quarter.

Sector breakdown

Based on holdings matched to a stock referenced on the site.

Dividend aristocrats held

Stocks with at least 25 consecutive years of dividend growth.

No matching holding among stocks referenced on the site.

Frequently asked questions

What are Hound Partners's top holdings?

As of June 30, 2026, the top three holdings of Hound Partners LP are NORWEGIAN CRUISE LINE HLDGS, CARNIVAL CORP LTD, META PLATFORMS INC.

How many positions does Hound Partners hold?

Hound Partners LP reports 32 equity positions worth $863M as of June 30, 2026.

Does Hound Partners invest in dividend stocks?

The weighted dividend yield of the covered portion of the portfolio is approximately 0.7%.

Data sourced from 13F filings submitted to the SEC, published with roughly 45 days of lag. A 13F only covers long positions in U.S.-traded securities: it excludes short sales, non-U.S. holdings and cash. Provided for informational purposes only and does not constitute investment advice.