Q2 2026 13F · SEC CIK 1353312

Tremblant Capital Group

Asset managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $3.5B
Reported positions: 58
Top holdings a year, 3 yrs: +16.1%
Assets under management: $744.6M

Tremblant Capital Group is an asset manager that reported 58 positions worth $3.5B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Varonis Systems Inc (VRNS, 4.5%), Semtech Corp (SMTC, 4.1%), Live Nation Entertainment in (LYV, 3.9%). A portfolio copying its top holdings returned 16.1% a year over the last 3 years, against 20.4% for the S&P 500.

Tremblant Capital Group holdings largest 50 of 58 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Tremblant Capital Group 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
VRNSVaronis Systems Inc	4.5%	2.5%	3,749,840	+4.8%	$157.3M
SMTCSemtech Corp	4.1%	—	887,268	—	$143.6M
LYVLive Nation Entertainment in	3.9%	3.7%	741,878	-1.8%	$135.8M
SPOTSpotify Technology S A	3.9%	4.4%	293,314	+4.6%	$134.7M
MKSIMks Inc.	3.8%	2.4%	295,385	-10.4%	$131.4M
DASHDoordash Inc	3.6%	3.3%	672,273	-0.7%	$124.1M
CPNGCoupang Inc	3.5%	3.0%	6,950,075	+40.8%	$120.7M
AFRMAffirm Hldgs Inc	3.4%	2.1%	1,464,129	+4.8%	$119.4M
FORMFormfactor Inc	3.3%	—	713,450	—	$114.1M
BEBloom Energy Corp	3.2%	2.4%	366,911	-32.7%	$111.1M
TKOTko Group Holdings Inc	3.1%	3.9%	540,968	-9.6%	$108.9M
RDDTReddit Inc	3.0%	2.5%	600,346	+4.6%	$104.2M
MDBMongodb Inc	2.9%	2.1%	303,538	+13.5%	$102.0M
WINGWingstop Inc	2.7%	2.4%	546,553	+14.6%	$94.8M
NETCloudflare Inc	2.7%	2.0%	384,993	+30.9%	$94.4M
QTWOQ2 Holdings, Inc.	2.5%	2.6%	1,842,165	+8.2%	$88.6M
HWMHowmet Aerospace Inc	2.5%	2.6%	324,954	-8.2%	$87.4M
GRABGrab Holdings Limited	2.5%	2.9%	23,045,100	-5.4%	$86.9M
LITELumentum Hldgs Inc Com	2.4%	3.5%	96,453	-36.8%	$82.8M
CMGChipotle Mexican Grill Inc	2.3%	2.4%	2,319,529	-0.0%	$78.9M
WHWyndham Hotels and Resorts Inc	2.2%	2.6%	919,053	-9.2%	$77.4M
TLNTalen Energy Corp	2.2%	1.6%	197,712	+25.5%	$76.0M
RKLBRocket Lab Corp Com	2.0%	1.6%	676,072	-10.3%	$68.7M
WABWabtec Corp	2.0%	2.2%	252,814	-5.6%	$68.2M
CORCencora Inc Com	1.9%	2.2%	237,486	+11.2%	$67.2M
FTAIFtai Aviation Ltd	1.8%	1.9%	233,414	-0.8%	$63.1M
EMEEmcor Group Inc	1.6%	1.6%	67,255	-1.7%	$55.8M
TRGPTarga Res Corp	1.5%	1.6%	195,782	-1.7%	$52.5M
FCFSFirstcash Holdings Inc	1.3%	0.8%	203,059	+45.7%	$43.9M
CVNACarvana Co	1.2%	1.3%	630,952	+391.5%	$41.5M
BWXTBwx Technologies Inc	1.2%	1.7%	208,548	-18.4%	$40.6M
ROKURoku Inc	1.1%	2.9%	283,003	-70.6%	$39.1M
SBUXStarbucks Corp Com	1.1%	1.6%	379,456	-33.1%	$38.8M
VLOValero Energy Corp	1.0%	1.1%	139,187	-1.7%	$36.2M
DDOGDatadog Inc	1.0%	—	134,035	—	$34.9M
MNDYMonday Com Ltd	1.0%	—	464,851	—	$33.7M
IDXXIdexx Labs Inc	1.0%	1.2%	63,437	-1.7%	$33.4M
NCLHNorwegian Cruise Line Hldg L	0.9%	1.6%	1,512,176	-41.8%	$31.9M
GHGuardant Health Inc	0.9%	—	197,795	—	$29.7M
UBERUber Technologies Inc	0.8%	3.0%	400,556	-69.4%	$28.9M
SOFISofi Technologies Inc	0.8%	0.8%	1,578,915	-1.7%	$28.3M
ALNYAlnylam Pharmaceuticals Inc	0.8%	1.0%	92,940	-1.7%	$28.0M
ONDSOndas Inc	0.8%	—	3,366,218	—	$27.7M
DISDisney Walt Co	0.8%	0.8%	271,194	+3.0%	$26.1M
PODDInsulet Corp	0.7%	0.7%	156,111	+45.6%	$23.8M
MELIMercadolibre Inc	0.7%	0.7%	13,372	-0.3%	$22.7M
ATECAlphatec Hldgs Inc	0.6%	0.8%	2,577,799	+17.6%	$22.3M
AMZNAmazon Com Inc Com	0.6%	0.8%	88,686	-21.1%	$21.1M
NTRANatera Inc Com	0.6%	—	71,016	—	$19.3M
INSMInsmed Inc	0.5%	0.9%	170,670	-1.7%	$18.2M

What Tremblant Capital Group bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

CVNA Carvana Co+391.5% shares
FCFS Firstcash Holdings Inc+45.7% shares
PODD Insulet Corp+45.6% shares
CPNG Coupang Inc+40.8% shares
NET Cloudflare Inc+30.9% shares
TLN Talen Energy Corp+25.5% shares
ATEC Alphatec Hldgs Inc+17.6% shares
WING Wingstop Inc+14.6% shares

Reduced

ROKU Roku Inc-70.6% shares
UBER Uber Technologies Inc-69.4% shares
NCLH Norwegian Cruise Line Hldg L-41.8% shares
LITE Lumentum Hldgs Inc Com-36.8% shares
SBUX Starbucks Corp Com-33.1% shares
BE Bloom Energy Corp-32.7% shares
AMZN Amazon Com Inc Com-21.1% shares
BWXT Bwx Technologies Inc-18.4% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: -5.7% /yr; S&P 500 +20.1%
3 years: +16.1% /yr; S&P 500 +20.4%
5 years: +4.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$3.5B	58
Q1 2026	$3.1B	57
Q4 2025	$3.9B	68
Q3 2025	$969.0M	39
Q2 2025	$1.0B	43
Q1 2025	$815.9M	44
Q4 2024	$953.1M	44
Q3 2024	$885.3M	39
Q2 2024	$877.9M	39
Q1 2024	$889.7M	38
Q4 2023	$875.0M	37
Q3 2023	$833.0M	38

Questions about Tremblant Capital Group's portfolio

What stocks does Tremblant Capital Group own?

Tremblant Capital Group's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 58 positions worth $3.5B. The largest are Varonis Systems Inc (VRNS) at 4.5%, Semtech Corp (SMTC) at 4.1%, Live Nation Entertainment in (LYV) at 3.9%, Spotify Technology S A (SPOT) at 3.9% and Mks Inc. (MKSI) at 3.8%.

What did Tremblant Capital Group buy last quarter?

In Q2 2026, Tremblant Capital Group added Carvana Co (CVNA) (+391.5% shares), Firstcash Holdings Inc (FCFS) (+45.7% shares) and Insulet Corp (PODD) (+45.6% shares), compared with its Q1 2026 filing.

What did Tremblant Capital Group sell last quarter?

In Q2 2026, Tremblant Capital Group cut from its top 50 Palo Alto Networks Inc (PANW), cut from its top 50 Royal Caribbean Group (RCL), cut from its top 50 Costar Group Inc (CSGP), cut from its top 50 Rollins Inc (ROL), cut from its top 50 Axon Enterprise Inc (AXON), Roku Inc (ROKU) (-70.6% shares), Uber Technologies Inc (UBER) (-69.4% shares) and Norwegian Cruise Line Hldg L (NCLH) (-41.8% shares), compared with its Q1 2026 filing.

How has Tremblant Capital Group's portfolio performed?

A portfolio copying Tremblant Capital Group's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: -5.7% against +20.1%. Over 5 years: +4.3% a year against +11.6%.

When is Tremblant Capital Group's next 13F filing due?

13F filings are due 45 days after each quarter ends. Tremblant Capital Group's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Tremblant Capital Group manage?

Tremblant Capital Group reported $744.6M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $3.5B.