14B Captial Management LP

Q4 2025 13F-HR Holdings

Location
La Jolla, CA
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
18
Total value ($000)
$124,411
Net value change ($000)
-46,471 (-27.2%)
New positions
9
Sold out positions
1
Turnover %
22.7%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
META 6,205 NEW
MELI 3,767 NEW
RSP 2,299 NEW
AMZN 1,385 NEW
VXUS 1,056 NEW
MSFT 967 NEW
VEA 875 NEW
GOOGL 626 NEW
VTI 503 NEW
V 396 1.7%
Top Reduces (Value $000, Stocks/ETFs)
CHTR -15,727 -76.2%
CCOI -13,578 -78.7%
CABO -10,534 -100.0%
STNE -8,598 -48.8%
FOUR -6,485 -21.1%
PAGSEGURO DIGITAL LTD -5,932 -45.8%
COF -2,168 -30.9%
CIB -1,364 -23.4%
MA -162 -0.7%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type