Institutional
Blacksheep Fund Management Ltd
CIK 0001800249
$247.2M
Reported AUM
8
Positions
Q1 2026
Period
2026-05-13
Filed
The Brief · Blacksheep Fund Management Ltd · Q1 2026
AI · grounded in 13F
Blacksheep Fund Management Ltd more than doubled its position in V, increasing share count by 108.7%. The fund also accumulated shares in MA by 97.8% and MSFT by 54.4%. Conversely, the fund trimmed its holding in TDG by 21.7%. These moves brought the fund's total position count to 8 with total AUM of $247.2M.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | TDG | TRANSDIGM GROUP INC | $1264.60 | -3.32% | -14.73% | 150.47% | $53.0M | 21.45% | — | HELD |
| 2 | MSFT | MICROSOFT CORP | $390.54 | -0.71% | -24.89% | 34.54% | $48.2M | 19.49% | — | HELD |
| 3 | MA | MASTERCARD INCORPORATED | $563.32 | 0.10% | 1.24% | 67.59% | $43.8M | 17.72% | — | HELD |
| 4 | V | VISA INC | $368.73 | 0.58% | 9.62% | 67.02% | $30.4M | 12.31% | — | HELD |
| 5 | FWONK | LIBERTY MEDIA CORP DEL | $101.89 | 0.68% | 2.98% | 108.52% | $29.9M | 12.10% | — | HELD |
| 6 | TCX | TUCOWS INC | $9.33 | 2.75% | -43.49% | -87.41% | $18.7M | 7.58% | — | HELD |
| 7 | GRND | GRINDR INC | $17.21 | 3.67% | -4.38% | 64.03% | $15.0M | 6.07% | — | HELD |
| 8 | FWONA | LIBERTY MEDIA CORP DEL | $93.50 | 0.65% | 5.27% | 113.74% | $8.1M | 3.29% | — | HELD |
Source: SEC EDGAR · accession 0001172661-26-001782. 13F discloses long positions only — shorts, foreign equities, and options are excluded.