Gavilan Investment Partners

Louis Chang

Period

Q2 2026

Portfolio Date

Jun 30, 2026

Stocks Held

15

Market Value

$410.8M

Holdings Value Trend

Q3 2024

Q4 2024

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q2 2026

Historical Positions

SymbolQ2 2026Q1 2026Q4 2025Q3 2025
AMZN11.0%12.9%12.8%11.3%
ASML9.4%6.9%8.0%8.2%
META8.8%9.4%9.7%12.2%
TSM8.8%---
MELI8.6%9.1%9.4%7.8%
CVNA7.9%7.8%8.7%-
SPOT6.8%6.5%5.6%6.2%
MA6.7%6.6%6.4%-
SHOP6.4%7.3%8.9%10.1%
CPNG6.2%7.4%7.9%9.1%

Post-Filing Contributors

Price change since reported price, ranked by portfolio contribution

SHOP+28.90%
AMZN+9.13%
MELI+13.23%
CVNA+8.66%
MA+11.73%

Post-Filing Detractors

Price change since reported price, ranked by portfolio contribution

RBLX-28.96%
TSM-12.89%
ASML-12.02%
CPNG-6.39%

Sector Analysis

Financials11.9%
Technology34.6%
Communication Services19.8%
Consumer Discretionary33.7%

Trading Summary