14B Captial Management LP Diversified Active

CIK: 0002009911 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $124,411 (100.0% shares, 0.0% debt)

Holdings (18)

New Positions (9)

META META PLATFORMS 5.0%

Value ($000) $6,205 Shares 9,400 Est. Cost $667.32 Unrealized 0.0%

MELI MERCADOLIBRE INC 3.0%

Value ($000) $3,767 Shares 1,870 Est. Cost $2100.46 Unrealized 0.0%

RSP INVESCO EXCHANGE TRADED FD T 1.8%

Value ($000) $2,299 Shares 12,000 Est. Cost $191.56 Unrealized —

AMZN AMAZON COM INC 1.1%

Value ($000) $1,385 Shares 6,000 Est. Cost $228.79 Unrealized 0.0%

VXUS VANGUARD STAR FDS 0.8%

Value ($000) $1,056 Shares 14,000 Est. Cost $75.44 Unrealized —

MSFT MICROSOFT CORP 0.8%

Value ($000) $967 Shares 2,000 Est. Cost $500.58 Unrealized 0.0%

VEA VANGUARD TAX-MANAGED FDS 0.7%

Value ($000) $875 Shares 14,000 Est. Cost $62.47 Unrealized —

GOOGL ALPHABET INC 0.5%

Value ($000) $626 Shares 2,000 Est. Cost $285.60 Unrealized 0.0%

VTI VANGUARD INDEX FDS 0.4%

Value ($000) $503 Shares 1,500 Est. Cost $335.27 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
META	META PLATFORMS	9,400	$6,205	5.0%	$667.32	0.0%	CLASS A	30303M102
MELI	MERCADOLIBRE INC	1,870	$3,767	3.0%	$2100.46	0.0%	COM	58733R102
RSP	INVESCO EXCHANGE TRADED FD T	12,000	$2,299	1.8%	$191.56	—	S&P500 EQL WGT	46137V357
AMZN	AMAZON COM INC	6,000	$1,385	1.1%	$228.79	0.0%	COM	023135106
VXUS	VANGUARD STAR FDS	14,000	$1,056	0.8%	$75.44	—	VG TL INTL STK F	921909768
MSFT	MICROSOFT CORP	2,000	$967	0.8%	$500.58	0.0%	COM	594918104
VEA	VANGUARD TAX-MANAGED FDS	14,000	$875	0.7%	$62.47	—	VAN FTSE DEV MKT	921943858
GOOGL	ALPHABET INC	2,000	$626	0.5%	$285.60	0.0%	CLASS A	02079K305
VTI	VANGUARD INDEX FDS	1,500	$503	0.4%	$335.27	—	TOTAL STK MKT	922908769

Exited Positions (1)

CABO CABLE ONE INC 8.5%

Value ($000) $10,534 Shares 59,500 Est. Cost $187.69 Unrealized -27.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CABO	CABLE ONE INC	59,500	$10,534	8.5%	$187.69	-27.3%	—	12685J105

Decreased Positions (9)

CHTR CHARTER COMMUNICATIONS INC 3.9%

Value ($000) $4,906 (-76.2%) Shares 23,500 (-68.7%) Est. Cost $363.44 Unrealized -38.1%

CCOI COGENT COMMUNICATIONS HLDGS 2.9%

Value ($000) $3,665 (-78.7%) Shares 170,000 (-62.2%) Est. Cost $64.83 Unrealized -54.5%

STNE STONECO LTD 7.2%

Value ($000) $9,007 (-48.8%) Shares 609,000 (-34.6%) Est. Cost $15.49 Unrealized —

FOUR SHIFT4 PAYMENTS INC 19.5%

Value ($000) $24,243 (-21.1%) Shares 385,000 (-3.0%) Est. Cost $67.21 Unrealized +5.1%

PAGS PAGSEGURO DIGITAL LTD 5.6%

Value ($000) $7,018 (-45.8%) Shares 728,000 (-43.8%) Est. Cost $9.25 Unrealized +3.7%

COF CAPITAL ONE FINANCIAL CORP 3.9%

Value ($000) $4,847 (-30.9%) Shares 20,000 (-39.4%) Est. Cost $185.05 Unrealized +20.1%

CIB GRUPO CIBEST SA 3.6%

Value ($000) $4,453 (-23.5%) Shares 70,000 (-37.5%) Est. Cost $46.19 Unrealized —

V VISA INC 19.5%

Value ($000) $24,293 (+1.7%) Shares 69,268 (-1.0%) Est. Cost $246.94 Unrealized +37.8%

MA MASTERCARD INC 19.5%

Value ($000) $24,297 (-0.7%) Shares 42,560 (-1.0%) Est. Cost $404.14 Unrealized +38.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CHTR	CHARTER COMMUNICATIONS INC	23,500 (-68.7%)	$4,906 (-76.2%)	3.9%	$363.44	-38.1%	CLASS A	16119P108
CCOI	COGENT COMMUNICATIONS HLDGS	170,000 (-62.2%)	$3,665 (-78.7%)	2.9%	$64.83	-54.5%	COM NEW	19239V302
STNE	STONECO LTD	609,000 (-34.6%)	$9,007 (-48.8%)	7.2%	$15.49	—	COM CLASS A	G85158106
FOUR	SHIFT4 PAYMENTS INC	385,000 (-3.0%)	$24,243 (-21.1%)	19.5%	$67.21	+5.1%	CLASS A	82452J109
PAGS	PAGSEGURO DIGITAL LTD	728,000 (-43.8%)	$7,018 (-45.8%)	5.6%	$9.25	+3.7%	COM CLASS A	G68707101
COF	CAPITAL ONE FINANCIAL CORP	20,000 (-39.4%)	$4,847 (-30.9%)	3.9%	$185.05	+20.1%	COM	14040H105
CIB	GRUPO CIBEST SA	70,000 (-37.5%)	$4,453 (-23.5%)	3.6%	$46.19	—	SPONSORED ADS	40090E106
V	VISA INC	69,268 (-1.0%)	$24,293 (+1.7%)	19.5%	$246.94	+37.8%	COM CLASS A	92826C839
MA	MASTERCARD INC	42,560 (-1.0%)	$24,297 (-0.7%)	19.5%	$404.14	+38.3%	CLASS A	57636Q104