We are live on !
Find out more
TCCM
Two Creeks Capital Management Portfolio holdings
AUM
$140M
Turnover
47.83%
1-Year Est. Return
2.23%
This Fund
S&P 500
This Quarter Est. Return
+15.74%
1 Year Est. Return
+2.23%
3 Year Est. Return
+38.77%
5 Year Est. Return
+41.31%
10 Year Est. Return
+268%
AUM
$140M
AUM Growth
-$834M
(-86%)
Cap. Flow
-$866M
Cap. Flow % of AUM
Cap. Flow %
-620.51%
Top 10 Holdings %
Top 10 Hldgs %
96.8%
Holding
23
New
1
Increased
–
Reduced
12
Closed
10
Avg Time Held
Equity + Options
3.5
years
Top 10 Avg Time Held
Equity + Options
2.1
years
Top 20 Avg Time Held
Equity + Options
2.4
years
Avg Time Held Equity only
3.5
years
Top 10 Avg Time Held Equity only
2.1
years
Top 20 Avg Time Held Equity only
2.5
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI ACWI ETF
ACWI
|
+$89.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Talen Energy Corp
TLN
|
+$78.6M |
| 2 |
Uber
UBER
|
+$69.3M |
| 3 |
TSMC
TSM
|
+$69.1M |
| 4 |
Danaher
DHR
|
+$67.4M |
| 5 |
Visa
V
|
+$64M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 65.62% |
| 2 | Technology | 12.17% |
| 3 | Consumer Discretionary | 11.21% |
| 4 | Financials | 8.13% |
| 5 | Utilities | 2.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
iShares MSCI ACWI ETF
ACWI
$32.7B
| $91.6M | 65.62% |
+583,355
| New | +$89.1M |
2026 Q2
0 quarters
|
|
2
Floor & Decor
FND
$4.68B
| $10.2M | 7.34% |
172,479
-987,911
| -85% | -$50M |
2019 Q1
29 quarters
|
|
|
3
Visa
V
$756B
| $7.33M | 5.26% |
21,377
-199,417
| -90% | -$64M |
2014 Q4
46 quarters
|
|
|
4
TSMC
TSM
$2.18T
| $5.52M | 3.96% |
11,565
-170,374
| -94% | -$69.1M |
2025 Q4
2 quarters
|
|
5
ASML
ASML
$640B
| $5.03M | 3.6% |
2,526
-30,383
| -92% | -$48.4M |
2022 Q4
14 quarters
|
|
6
HDFC Bank
HDB
$119B
| $4.01M | 2.88% |
155,400
-415,754
| -73% | -$10.4M |
2014 Q4
46 quarters
|
|
|
7
Talen Energy Corp
TLN
$16.6B
| $3.99M | 2.86% |
10,394
-214,385
| -95% | -$78.6M |
2025 Q1
5 quarters
|
|
|
8
Uber
UBER
$143B
| $3.11M | 2.23% |
43,061
-945,381
| -96% | -$69.3M |
2024 Q4
6 quarters
|
|
9
Chipotle Mexican Grill
CMG
$37.4B
| $2.4M | 1.72% |
70,668
-1,317,601
| -95% | -$43M |
2023 Q1
13 quarters
|
|
10
Unity
U
$17.8B
| $1.87M | 1.34% |
65,563
-1,918,120
| -97% | -$51M |
2025 Q4
2 quarters
|
|
11
Wingstop
WING
$3.59B
| $1.83M | 1.31% |
10,533
-162,275
| -94% | -$25.6M |
2025 Q1
5 quarters
|
|
12
Grab
GRAB
$11.7B
| $1.46M | 1.04% |
386,481
-8,564,606
| -96% | -$31.2M |
2025 Q3
3 quarters
|
|
13
Airbnb
ABNB
$103B
| $1.18M | 0.85% |
8,246
-348,079
| -98% | -$47.5M |
2023 Q1
13 quarters
|
|
14
CALL
Advance Auto Parts
AAP
$2.68B
| – | – |
-507,900
| Closed | -$26.8M | – |
|
15
Core & Main
CNM
$7.65B
| – | – |
-405,639
| Closed | -$20M | – |
|
|
16
Danaher
DHR
$158B
| – | – |
-355,509
| Closed | -$67.4M | – |
|
17
ESCO Technologies
ESE
$6.48B
| – | – |
-180,938
| Closed | -$50.9M | – |
|
18
Freeport-McMoran
FCX
$100B
| – | – |
-399,816
| Closed | -$23.5M | – |
|
19
Mastercard
MA
$538B
| – | – |
-90,649
| Closed | -$45.3M | – |
|
20
Mirion Technologies
MIR
$3.71B
| – | – |
-2,449,059
| Closed | -$45.5M | – |
|
21
Microsoft
MSFT
$3.96T
| – | – |
-158,604
| Closed | -$58.7M | – |
|
22
Planet Fitness
PLNT
$3.86B
| – | – |
-603,926
| Closed | -$44.9M | – |
|
23
Rentokil
RTO
$10.6B
| – | – |
-334,758
| Closed | -$10.5M | – |
|
Similar funds
SMCM
PAM
BIO
NL
OCA
SAM
AUIM
CPC
Two Creeks Capital Management's Q2 2026 Portfolio in Review
As of Q2 2026, Two Creeks Capital Management held 23 positions worth $140M, down 86% from $974M the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Two Creeks Capital Management withdrew a net $866M in Q2 2026, closing 10 positions and reducing 12 holdings. Its most notable exit was Danaher, an estimated $67.4M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 66% of assets, up from 2.8% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Two Creeks Capital Management opened a new position in iShares MSCI ACWI ETF worth $91.6M.
- Two Creeks Capital Management's largest Q2 2026 buy was iShares MSCI ACWI ETF: 583,355 shares worth $91.6M.
- Two Creeks Capital Management's biggest Q2 2026 reduction was Talen Energy Corp, cutting an estimated $78.6M.
- Two Creeks Capital Management fully exited Danaher in Q2 2026, selling an estimated $67.4M.
- Two Creeks Capital Management's ten largest holdings make up 97% of its $140M portfolio in Q2 2026.
- Two Creeks Capital Management opened 1 new position and closed 10 in Q2 2026.
- Two Creeks Capital Management's portfolio value fell 86% quarter-over-quarter to $140M.
Based on Two Creeks Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.