ALTAROCK PARTNERS LLC Long-Term Concentrated

CIK: 0001631014 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $5,100,068 (100.0% shares, 0.0% debt)

Holdings (8)

Exited Positions (1)

FICO FAIR ISAAC INC 0.0%

Value ($000) $998 Shares 667 Est. Cost $1292.47 Unrealized +33.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FICO	FAIR ISAAC INC	667	$998	0.0%	$1292.47	+33.2%	—	303250104

Decreased Positions (6)

MSFT MICROSOFT CORP 19.7%

Value ($000) $1,007,069 (-24.3%) Shares 2,082,357 (-19.0%) Est. Cost $317.64 Unrealized +57.6%

MCO MOODYS CORP 8.2%

Value ($000) $416,089 (-8.0%) Shares 814,503 (-14.1%) Est. Cost $324.10 Unrealized +50.4%

GOOGL ALPHABET INC-CL A 1.0%

Value ($000) $53,019 (-36.7%) Shares 169,391 (-50.8%) Est. Cost $111.13 Unrealized +157.0%

AMZN AMAZON.COM INC 33.1%

Value ($000) $1,688,341 (+1.7%) Shares 7,314,534 (-3.2%) Est. Cost $156.18 Unrealized +46.5%

MA MASTERCARD INC-CLASS A 6.1%

Value ($000) $309,323 (-6.9%) Shares 541,836 (-7.2%) Est. Cost $353.27 Unrealized +58.2%

V VISA INC-CLASS A SHRS 3.6%

Value ($000) $181,204 (-0.5%) Shares 516,677 (-3.2%) Est. Cost $210.50 Unrealized +61.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	2,082,357 (-19.0%)	$1,007,069 (-24.3%)	19.7%	$317.64	+57.6%	COMM	594918104
MCO	MOODYS CORP	814,503 (-14.1%)	$416,089 (-8.0%)	8.2%	$324.10	+50.4%	COMM	615369105
GOOGL	ALPHABET INC-CL A	169,391 (-50.8%)	$53,019 (-36.7%)	1.0%	$111.13	+157.0%	COMM	02079K305
AMZN	AMAZON.COM INC	7,314,534 (-3.2%)	$1,688,341 (+1.7%)	33.1%	$156.18	+46.5%	COMM	023135106
MA	MASTERCARD INC-CLASS A	541,836 (-7.2%)	$309,323 (-6.9%)	6.1%	$353.27	+58.2%	COMM	57636Q104
V	VISA INC-CLASS A SHRS	516,677 (-3.2%)	$181,204 (-0.5%)	3.6%	$210.50	+61.7%	COMM	92826C839

Unchanged Positions (2)

HLT HILTON WORLDWIDE 3.1%

Value ($000) $155,866 Shares 542,613 Est. Cost $242.43 Unrealized +12.3%

TDG TRANSDIGM GROUP INC 25.3%

Value ($000) $1,289,157 Shares 969,400 Est. Cost $377.19 Unrealized +247.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HLT	HILTON WORLDWIDE	542,613	$155,866	3.1%	$242.43	+12.3%	COMM	43300A203
TDG	TRANSDIGM GROUP INC	969,400	$1,289,157	25.3%	$377.19	+247.5%	COMM	893641100