Gavilan Investment Partners LLC Long-Term Concentrated

Location: BURLINGAME, CA

CIK: 0001963404 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 14, 2026

Total Value ($000): $372,298 (100.0% shares, 0.0% debt)

Holdings (14)

New Positions (1)

RBLX ROBLOX CORP 4.7%

Value ($000) $17,534 Shares 310,000 Est. Cost $71.75 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RBLX	ROBLOX CORP	310,000	$17,534	4.7%	$71.75	0.0%	CL A	771049103

Increased Positions (5)

CVNA CARVANA CO 7.8%

Value ($000) $28,923 (-20.3%) Shares 92,000 (+7.0%) Est. Cost $363.54 Unrealized +12.4%

CPNG COUPANG INC 7.4%

Value ($000) $27,659 (-16.0%) Shares 1,465,000 (+5.0%) Est. Cost $19.39 Unrealized +2.5%

MA MASTERCARD INCORPORATED 6.6%

Value ($000) $24,733 (-6.8%) Shares 49,500 (+6.5%) Est. Cost $363.70 Unrealized +48.2%

SPOT SPOTIFY TECHNOLOGY S A 6.4%

Value ($000) $24,003 (+3.3%) Shares 49,500 (+23.8%) Est. Cost $170.05 Unrealized +192.4%

GWRE GUIDEWIRE SOFTWARE INC 6.0%

Value ($000) $22,359 (-3.3%) Shares 149,500 (+30.0%) Est. Cost $86.43 Unrealized +73.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CVNA	CARVANA CO	92,000 (+7.0%)	$28,923 (-20.3%)	7.8%	$363.54	+12.4%	CL A	146869102
CPNG	COUPANG INC	1,465,000 (+5.0%)	$27,659 (-16.0%)	7.4%	$19.39	+2.5%	CL A	22266T109
MA	MASTERCARD INCORPORATED	49,500 (+6.5%)	$24,733 (-6.8%)	6.6%	$363.70	+48.2%	CL A	57636Q104
SPOT	SPOTIFY TECHNOLOGY S A	49,500 (+23.8%)	$24,003 (+3.3%)	6.4%	$170.05	+192.4%	SHS	L8681T102
GWRE	GUIDEWIRE SOFTWARE INC	149,500 (+30.0%)	$22,359 (-3.3%)	6.0%	$86.43	+73.8%	COM	40171V100

Decreased Positions (2)

PCOR PROCORE TECHNOLOGIES INC 5.9%

Value ($000) $21,945 (-28.2%) Shares 385,000 (-8.3%) Est. Cost $64.46 Unrealized -6.5%

ASML ASML HLDG NV 6.9%

Value ($000) $25,756 (-22.3%) Shares 19,500 (-37.1%) Est. Cost $785.53 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PCOR	PROCORE TECHNOLOGIES INC	385,000 (-8.3%)	$21,945 (-28.2%)	5.9%	$64.46	-6.5%	COM	74275K108
ASML	ASML HLDG NV	19,500 (-37.1%)	$25,756 (-22.3%)	6.9%	$785.53	—	N Y REGISTRY SHS	N07059210

Unchanged Positions (6)

SHOP SHOPIFY INC 7.3%

Value ($000) $27,283 Shares 230,000 Est. Cost $52.02 Unrealized +162.3%

MELI MERCADOLIBRE INC 9.1%

Value ($000) $33,716 Shares 19,500 Est. Cost $1490.55 Unrealized +38.6%

META META PLATFORMS INC 9.4%

Value ($000) $34,900 Shares 61,000 Est. Cost $142.51 Unrealized +360.0%

AMZN AMAZON COM INC 12.9%

Value ($000) $47,902 Shares 230,000 Est. Cost $107.27 Unrealized +111.5%

V VISA INC 5.1%

Value ($000) $19,041 Shares 63,000 Est. Cost $210.67 Unrealized +56.2%

UBER UBER TECHNOLOGIES INC 4.4%

Value ($000) $16,544 Shares 230,000 Est. Cost $29.68 Unrealized +165.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SHOP	SHOPIFY INC	230,000	$27,283	7.3%	$52.02	+162.3%	CL A SUB VTG SHS	82509L107
MELI	MERCADOLIBRE INC	19,500	$33,716	9.1%	$1490.55	+38.6%	COM	58733R102
META	META PLATFORMS INC	61,000	$34,900	9.4%	$142.51	+360.0%	CL A	30303M102
AMZN	AMAZON COM INC	230,000	$47,902	12.9%	$107.27	+111.5%	COM	023135106
V	VISA INC	63,000	$19,041	5.1%	$210.67	+56.2%	COM CL A	92826C839
UBER	UBER TECHNOLOGIES INC	230,000	$16,544	4.4%	$29.68	+165.3%	COM	90353T100