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TCCM
Two Creeks Capital Management Portfolio holdings
AUM
$974M
1-Year Est. Return
2.54%
This Fund
S&P 500
This Quarter
Est. Return
-5%
1 Year Est. Return
+2.54%
3 Year Est. Return
+28.44%
5 Year Est. Return
+30.87%
10 Year Est. Return
+227.36%
AUM
$1.55B
AUM Growth
-$112M
(-6.7%)
Cap. Flow
-$22.9M
Cap. Flow
% of AUM
-1.47%
Top 10 Holdings %
Top 10 Hldgs %
77.94%
Holding
17
New
1
Increased
6
Reduced
7
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Coupang
CPNG
|
+$59M |
| 2 |
Floor & Decor
FND
|
+$31.3M |
| 3 |
ASML
ASML
|
+$16.1M |
| 4 |
Chipotle Mexican Grill
CMG
|
+$15.2M |
| 5 |
Tyler Technologies
TYL
|
+$15.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Clarivate
CLVT
|
+$54.4M |
| 2 |
AZPN
Aspen Technology Inc
AZPN
|
+$38.6M |
| 3 |
Lowe's Companies
LOW
|
+$32.2M |
| 4 |
Adobe
ADBE
|
+$31.2M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$8.74M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 41.5% |
| 2 | Financials | 28.95% |
| 3 | Technology | 20.86% |
| 4 | Communication Services | 4.82% |
| 5 | Healthcare | 3.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Floor & Decor
FND
$6.17B
| $198M | 12.75% |
2,184,135
+307,198
| +16% | +$31.3M |
|
2
HDFC Bank
HDB
$123B
| $187M | 12.09% |
6,352,896
+190,244
| +3% | +$6.2M |
|
3
Visa
V
$680B
| $178M | 11.46% |
772,403
-12,465
| -2% | -$3M |
|
|
4
Lowe's Companies
LOW
$117B
| $147M | 9.45% |
704,998
-143,061
| -17% | -$32.2M |
|
5
Airbnb
ABNB
$89.9B
| $107M | 6.92% |
781,232
+67,190
| +9% | +$9.28M |
|
6
Mastercard
MA
$504B
| $83.6M | 5.39% |
211,216
-2,691
| -1% | -$1.08M |
|
|
7
Chipotle Mexican Grill
CMG
$47.5B
| $82.1M | 5.3% |
2,241,800
+389,350
| +21% | +$15.2M |
|
|
8
ASML
ASML
$630B
| $80M | 5.16% |
135,833
+24,260
| +22% | +$16.1M |
|
|
9
Alphabet (Google) Class C
GOOG
$4.27T
| $74.7M | 4.82% |
566,694
-67,190
| -11% | -$8.74M |
|
10
VeriSign
VRSN
$26.1B
| $71.2M | 4.59% |
351,414
-27,917
| -7% | -$5.8M |
|
|
11
Adobe
ADBE
$98.2B
| $67.2M | 4.34% |
131,836
-59,427
| -31% | -$31.2M |
|
|
AZPN
12
DELISTED
Aspen Technology Inc
AZPN
| $62.1M | 4.01% |
304,120
-204,897
| -40% | -$38.6M |
|
13
Icon
ICLR
$12.6B
| $60M | 3.87% |
243,578
| – | – |
|
|
14
Coupang
CPNG
$29.2B
| $55.8M | 3.6% |
+3,280,831
| New | +$59M |
|
15
Alibaba
BABA
$292B
| $54M | 3.49% |
622,879
| – | – |
|
|
16
Tyler Technologies
TYL
$12.7B
| $42.9M | 2.77% |
110,999
+38,374
| +53% | +$15.1M |
|
|
17
Clarivate
CLVT
$1.23B
| – | – |
-5,710,943
| Closed | -$54.4M |
|
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Two Creeks Capital Management's Q3 2023 Portfolio in Review
As of Q3 2023, Two Creeks Capital Management held 17 positions worth $1.55B, down 6.7% from $1.66B the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Two Creeks Capital Management's Q3 2023 filing shows 1 new, 6 increased, 7 reduced and 1 closed positions. Its largest new stake was Coupang: 3,280,831 shares worth $55.8M. The largest sale was Clarivate, an estimated $54.4M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 42% of assets, up from 37% a quarter earlier, followed by Financials and Technology.
- Two Creeks Capital Management's largest Q3 2023 buy was Coupang: 3,280,831 shares worth $55.8M.
- Two Creeks Capital Management added most to Floor & Decor in Q3 2023, an estimated $31.3M increase.
- Two Creeks Capital Management's biggest Q3 2023 reduction was Aspen Technology Inc, cutting an estimated $38.6M.
- Two Creeks Capital Management fully exited Clarivate in Q3 2023, selling an estimated $54.4M.
- Two Creeks Capital Management's ten largest holdings make up 78% of its $1.55B portfolio in Q3 2023.
- Two Creeks Capital Management opened 1 new position and closed 1 in Q3 2023.
- Two Creeks Capital Management's portfolio value fell 6.7% quarter-over-quarter to $1.55B.
Based on Two Creeks Capital Management's 13F filing for Q3 2023, filed 14 Nov 2023.