Rule One Partners, LLC Hedge Fund

CIK: 0002040263 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 11, 2026

Total Value ($000): $684,803 (100.0% shares, 0.0% debt)

Holdings (14)

New Positions (4)

NKE NIKE INC 0.3%

Value ($000) $2,357 Shares 37,001 Est. Cost $64.91 Unrealized 0.0%

PYPL PAYPAL HLDGS INC 0.3%

Value ($000) $2,043 Shares 35,001 Est. Cost $64.84 Unrealized 0.0%

POOL POOL CORP 0.3%

Value ($000) $1,716 Shares 7,501 Est. Cost $259.46 Unrealized 0.0%

TXRH TEXAS ROADHOUSE INC 0.0%

Value ($000) $249 Shares 1,501 Est. Cost $168.76 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NKE	NIKE INC	37,001	$2,357	0.3%	$64.91	0.0%	CL B	654106103
PYPL	PAYPAL HLDGS INC	35,001	$2,043	0.3%	$64.84	0.0%	COM	70450Y103
POOL	POOL CORP	7,501	$1,716	0.3%	$259.46	0.0%	COM	73278L105
TXRH	TEXAS ROADHOUSE INC	1,501	$249	0.0%	$168.76	0.0%	COM	882681109

Increased Positions (3)

NFLX NETFLIX INC 5.3%

Value ($000) $36,098 (-22.3%) Shares 385,000 (+900.0%) Est. Cost $103.93 Unrealized +3.7%

SFM SPROUTS FMRS MKT INC 1.5%

Value ($000) $10,277 (-26.1%) Shares 129,000 (+1.6%) Est. Cost $95.29 Unrealized -5.8%

— AMAZON COM INC 0.8%

Value ($000) $5,771 (+162.8%) Shares 25,000 (+150.0%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NFLX	NETFLIX INC	385,000 (+900.0%)	$36,098 (-22.3%)	5.3%	$103.93	+3.7%	COM	64110L106
SFM	SPROUTS FMRS MKT INC	129,000 (+1.6%)	$10,277 (-26.1%)	1.5%	$95.29	-5.8%	COM	85208M102
—	AMAZON COM INC	25,000 (+150.0%)	$5,771 (+162.8%)	0.8%	—	—	PUT	023135956

Exited Positions (1)

OXY OCCIDENTAL PETE CORP 1.9%

Value ($000) $13,252 Shares 275,501 Est. Cost $54.45 Unrealized -23.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OXY	OCCIDENTAL PETE CORP	275,501	$13,252	1.9%	$54.45	-23.7%	—	674599105

Decreased Positions (1)

HHH HOWARD HUGHES HOLDINGS INC 0.1%

Value ($000) $957 (-92.8%) Shares 12,001 (-92.6%) Est. Cost $70.63 Unrealized +17.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HHH	HOWARD HUGHES HOLDINGS INC	12,001 (-92.6%)	$957 (-92.8%)	0.1%	$70.63	+17.3%	COM	44267T102

Unchanged Positions (6)

— SPDR S&P 500 ETF TR 74.2%

Value ($000) $508,295 Shares 763,000 Est. Cost — Unrealized —

LULU LULULEMON ATHLETICA INC 3.2%

Value ($000) $21,654 Shares 104,200 Est. Cost $234.21 Unrealized -22.7%

— LAM RESEARCH CORP 1.6%

Value ($000) $11,127 Shares 65,000 Est. Cost — Unrealized —

— ASML HOLDING N V 1.8%

Value ($000) $12,303 Shares 11,500 Est. Cost — Unrealized —

— INVESCO QQQ TR 9.4%

Value ($000) $64,358 Shares 105,400 Est. Cost — Unrealized —

ASML ASML HOLDING N V 1.1%

Value ($000) $7,597 Shares 7,101 Est. Cost $662.63 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR S&P 500 ETF TR	763,000	$508,295	74.2%	—	—	PUT	78462F953
LULU	LULULEMON ATHLETICA INC	104,200	$21,654	3.2%	$234.21	-22.7%	COM	550021109
—	LAM RESEARCH CORP	65,000	$11,127	1.6%	—	—	CALL	512807906
—	ASML HOLDING N V	11,500	$12,303	1.8%	—	—	CALL	N07059900
—	INVESCO QQQ TR	105,400	$64,358	9.4%	—	—	PUT	46090E953
ASML	ASML HOLDING N V	7,101	$7,597	1.1%	$662.63	—	N Y REGISTRY SHS	N07059210