1y return−0.5%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2023: $123 against $157 in the S&P 500.2
Breach Inlet Capital Management, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| PRGProg Holdings Inc | $43.0M | 14.3% | −8.4% |
| LRNStride Inc | $41.3M | 13.8% | −13.1% |
| BATRKAtlanta Braves Hldgs Inc | $40.4M | 13.5% | −10.2% |
| HGVHilton Grand Vacations Inc | $35.1M | 11.7% | −27.9% |
| DAKTDaktronics Inc | $31.0M | 10.3% | +8.3% |
| Manchester Utd PLC NewCUSIP G5784H106 | $25.3M | 8.4% | −9.6% |
| CARSCars Com Inc | $24.0M | 8.0% | +3.4% |
| NATLNcr Atleos Corporation | $23.6M | 7.9% | |
| BKTIBk Technologies Corporation | $21.3M | 7.1% | +64.0% |
| FTDRFrontdoor Inc | $15.0M | 5.0% | −53.7% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| DAKTDaktronics Inc | December 31, 2023 | +130.7% | $31.0M |
| PRGProg Holdings Inc | December 31, 2023 | +50.8% | $43.0M |
| Manchester Utd PLC NewCUSIP G5784H106 | June 30, 2024 | +42.1% | $25.3M |
| FTDRFrontdoor Inc | December 31, 2025 | +34.5% | $15.0M |
| BATRKAtlanta Braves Hldgs Inc | December 31, 2023 | +31.1% | $40.4M |
| HGVHilton Grand Vacations Inc | December 31, 2023 | +30.3% | $35.1M |
| BKTIBk Technologies Corporation | December 31, 2025 | +15.3% | $21.3M |
| NATLNcr Atleos Corporation | September 30, 2025 | +10.4% | $23.6M |
| CARSCars Com Inc | December 31, 2025 | −10.3% | $24.0M |
| LRNStride Inc | September 30, 2025 | −42.1% | $41.3M |
Sold off last quarter
- Burford Capital LimitedCUSIP G17977110 was $20.3M
- CARGCargurus Inc was $10.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +20.0% | +14.8% |
| March 31, 2026 | −2.0% | −4.6% |
| December 31, 2025 | −15.3% | +2.4% |
| September 30, 2025 | −0.1% | +7.8% |
| June 30, 2025 | +10.8% | +10.5% |
| March 31, 2025 | −9.4% | −4.6% |
| December 31, 2024 | +8.2% | +2.1% |
| September 30, 2024 | +5.0% | +5.4% |
| June 30, 2024 | +1.7% | +4.0% |
| March 31, 2024 | +6.6% | +10.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Breach Inlet Capital Management, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2009914&type=13F-HR&dateb=&owner=include&count=40CIK 2009914
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2009914/000200991426000004/Filed August 14, 2026 · accession 0002009914-26-000004