Q2 2025 · 13F-HR
Ashe Capital Management, LPholdings as filed
Filed 2025-08-14 · accession 0001172661-25-003334
$1.28B
Reported value
7
Positions
2025-06-30
Period end
The Brief · Ashe Capital Management, LP · Q2 2025
AI · grounded in 13F
Ashe Capital Management, LP established a new position in APPF valued at $306.6M. The fund also initiated new stakes in FWONK for $274.9M and SHOP for $252.1M. Other new additions include VEEV, DDOG, and FWONA. Total assets under management stand at $1.28B across seven positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 03783C100 | APPF | APPFOLIO INC | $306.6M | 23.9% | 1,331,260 | Common | SOLE |
| 531229755 | FWONK | LIBERTY MEDIA CORP DEL | $274.9M | 21.4% | 2,631,048 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $252.1M | 19.6% | 2,185,712 | Common | SOLE |
| 922475108 | VEEV | VEEVA SYS INC | $158.5M | 12.4% | 550,491 | Common | SOLE |
| 23804L103 | DDOG | DATADOG INC | $125.4M | 9.77% | 933,878 | Common | SOLE |
| 531229771 | FWONA | LIBERTY MEDIA CORP DEL | $112.4M | 8.76% | 1,184,179 | Common | SOLE |
| 049468101 | TEAM | ATLASSIAN CORPORATION | $53.4M | 4.16% | 262,734 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.