Politan Capital Management LP Long-Term Concentrated

CIK: 0001885245 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $840,628 (100.0% shares, 0.0% debt)

Holdings (3)

Exited Positions (18)

IWM ISHARES TR 0.5%

Value ($000) $4,251 Shares 17,569 Est. Cost $199.49 Unrealized —

VTWO VANGUARD SCOTTSDALE FDS 0.4%

Value ($000) $3,161 Shares 32,315 Est. Cost $97.82 Unrealized —

CSGP COSTAR GROUP INC 0.3%

Value ($000) $2,332 Shares 27,635 Est. Cost $78.94 Unrealized -10.3%

PFGC PERFORMANCE FOOD GROUP CO 0.2%

Value ($000) $1,781 Shares 17,121 Est. Cost $85.84 Unrealized +12.5%

APD AIR PRODS & CHEMS INC 0.2%

Value ($000) $1,419 Shares 5,202 Est. Cost $270.09 Unrealized -6.8%

DIS DISNEY WALT CO 0.2%

Value ($000) $1,408 Shares 12,296 Est. Cost $103.35 Unrealized +6.0%

MIDD MIDDLEBY CORP 0.2%

Value ($000) $1,358 Shares 10,215 Est. Cost $140.64 Unrealized -6.7%

HON HONEYWELL INTL INC 0.2%

Value ($000) $1,330 Shares 6,317 Est. Cost $200.26 Unrealized -2.6%

GOOG ALPHABET INC 0.1%

Value ($000) $1,232 Shares 5,059 Est. Cost $167.25 Unrealized +71.2%

FUN SIX FLAGS ENTERTAINMENT CORP 0.1%

Value ($000) $1,070 Shares 47,092 Est. Cost $41.37 Unrealized -56.3%

MSFT MICROSOFT CORP 0.1%

Value ($000) $946 Shares 1,826 Est. Cost $437.61 Unrealized +14.4%

META META PLATFORMS INC 0.1%

Value ($000) $932 Shares 1,269 Est. Cost $619.21 Unrealized +7.8%

IYE ISHARES TR 0.1%

Value ($000) $931 Shares 19,599 Est. Cost $45.50 Unrealized —

AMZN AMAZON COM INC 0.1%

Value ($000) $897 Shares 4,086 Est. Cost $199.30 Unrealized +14.8%

TMO THERMO FISHER SCIENTIFIC INC 0.1%

Value ($000) $873 Shares 1,799 Est. Cost $464.78 Unrealized +21.6%

BIO BIO RAD LABS INC 0.1%

Value ($000) $848 Shares 3,024 Est. Cost $241.55 Unrealized +29.2%

GXO GXO LOGISTICS INCORPORATED 0.1%

Value ($000) $829 Shares 15,676 Est. Cost $39.85 Unrealized +31.9%

GO GROCERY OUTLET HLDG CORP 0.1%

Value ($000) $608 Shares 37,863 Est. Cost $14.22 Unrealized -11.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	17,569	$4,251	0.5%	$199.49	—	—	464287655
VTWO	VANGUARD SCOTTSDALE FDS	32,315	$3,161	0.4%	$97.82	—	—	92206C664
CSGP	COSTAR GROUP INC	27,635	$2,332	0.3%	$78.94	-10.3%	—	22160N109
PFGC	PERFORMANCE FOOD GROUP CO	17,121	$1,781	0.2%	$85.84	+12.5%	—	71377A103
APD	AIR PRODS & CHEMS INC	5,202	$1,419	0.2%	$270.09	-6.8%	—	009158106
DIS	DISNEY WALT CO	12,296	$1,408	0.2%	$103.35	+6.0%	—	254687106
MIDD	MIDDLEBY CORP	10,215	$1,358	0.2%	$140.64	-6.7%	—	596278101
HON	HONEYWELL INTL INC	6,317	$1,330	0.2%	$200.26	-2.6%	—	438516106
GOOG	ALPHABET INC	5,059	$1,232	0.1%	$167.25	+71.2%	—	02079K107
FUN	SIX FLAGS ENTERTAINMENT CORP	47,092	$1,070	0.1%	$41.37	-56.3%	—	83001C108
MSFT	MICROSOFT CORP	1,826	$946	0.1%	$437.61	+14.4%	—	594918104
META	META PLATFORMS INC	1,269	$932	0.1%	$619.21	+7.8%	—	30303M102
IYE	ISHARES TR	19,599	$931	0.1%	$45.50	—	—	464287796
AMZN	AMAZON COM INC	4,086	$897	0.1%	$199.30	+14.8%	—	023135106
TMO	THERMO FISHER SCIENTIFIC INC	1,799	$873	0.1%	$464.78	+21.6%	—	883556102
BIO	BIO RAD LABS INC	3,024	$848	0.1%	$241.55	+29.2%	—	090572207
GXO	GXO LOGISTICS INCORPORATED	15,676	$829	0.1%	$39.85	+31.9%	—	36262G101
GO	GROCERY OUTLET HLDG CORP	37,863	$608	0.1%	$14.22	-11.5%	—	39874R101

Decreased Positions (1)

CNC CENTENE CORP DEL 10.7%

Value ($000) $90,144 (-65.9%) Shares 2,190,611 (-70.4%) Est. Cost $73.50 Unrealized -49.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CNC	CENTENE CORP DEL	2,190,611 (-70.4%)	$90,144 (-65.9%)	10.7%	$73.50	-49.1%	COM	15135B101

Unchanged Positions (2)

MASI MASIMO CORP 71.0%

Value ($000) $596,930 Shares 4,589,648 Est. Cost $145.92 Unrealized -1.9%

AZTA AZENTA INC 18.3%

Value ($000) $153,554 Shares 4,616,787 Est. Cost $47.48 Unrealized -31.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MASI	MASIMO CORP	4,589,648	$596,930	71.0%	$145.92	-1.9%	COM	574795100
AZTA	AZENTA INC	4,616,787	$153,554	18.3%	$47.48	-31.2%	COM	114340102