Latest Two Creeks Capital Management, LP Stock Portfolio

$973Million– No. of Holdings #21

Two Creeks Capital Management, LP Performance:

2026 Q1: -14.36%YTD: -14.36%2025: 1.77%

Performance for 2026 Q1 is -14.36%, and YTD is -14.36%, and 2025 is 1.77%.

About Two Creeks Capital Management, LP and 13F Hedge Fund Stock Holdings

On 2026-05-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, Two Creeks Capital Management, LP reported an equity portfolio of $973.8 Millions as of 31 Mar, 2026.

The top stock holdings of Two Creeks Capital Management, LP are , UBER, DHR. The fund has invested 7.4% of it's portfolio in TALEN ENERGY CORP and 7.3% of portfolio in UBER TECHNOLOGIES INC.

The fund managers got completely rid off LOWES COS INC (LOW), COUPANG INC (CPNG) and DRAFTKINGS INC NEW (DKNG) stocks. They significantly reduced their stock positions in ASML HLDG NV (ASML), HDFC BANK LTD (HDB) and CHIPOTLE MEXICAN GRILL INC (CMG). Two Creeks Capital Management, LP opened new stock positions in ESCO TECHNOLOGIES INC (ESE), FREEPORT MCMORAN INC (FCX) and CORE & MAIN INC (CNM). The fund showed a lot of confidence in some stocks as they added substantially to TAIWAN SEMICONDUCTOR MANUFAC (TSM), UNITY SOFTWARE INC (U) and TALEN ENERGY CORP.

Two Creeks Capital Management, LP Equity Portfolio Value

Last Reported on: 15 May, 2026

Two Creeks Capital Management, LP Annual Return Estimates Vs S&P 500

Our best estimate is that Two Creeks Capital Management, LP made a return of -14.36% in the last quarter. In trailing 12 months, it's portfolio return was -10.44%.

Performance
S&P 500

New Buys

Ticker	$ Bought
esco technologies inc	50,910,500
freeport mcmoran inc	23,501,200
core & main inc	20,038,600

New stocks bought by Two Creeks Capital Management, LP

Additions

Ticker	% Inc.
taiwan semiconductor manufac	91.29
unity software inc	86.48
talen energy corp	69.06
microsoft corp	52.53
danaher corp del	32.99
uber technologies inc	32.01
planet fitness master issuer	30.94
wingstop inc	0.79

Additions to existing portfolio by Two Creeks Capital Management, LP

Reductions

Ticker	% Reduced
asml hldg nv	-37.47
hdfc bank ltd	-23.16
chipotle mexican grill inc	-21.35
mirion technologies inc	-16.24
floor & decor hldgs inc	-15.52

Two Creeks Capital Management, LP reduced stake in above stock

Sold off

Ticker	$ Sold
coupang inc	-52,562,000
draftkings inc new	-38,611,100
eqt corp	-37,930,800
entegris inc	-36,347,200
expand energy corporation	-38,056,200
lowes cos inc	-58,073,000
amazon com inc	-34,063,300
icici bank limited	-3,430,400

Two Creeks Capital Management, LP got rid off the above stocks

Sector Distribution

Two Creeks Capital Management, LP has about 24.7% of it's holdings in Others sector.

Others
Technology
Consumer Cyclical
Financial Services
Healthcare
Industrials
Basic Materials

Sector	%
Others	24.7
Technology	23.7
Consumer Cyclical	23.2
Financial Services	11.8
Healthcare	7.1
Industrials	6.9
Basic Materials	2.5

Market Cap. Distribution

Two Creeks Capital Management, LP has about 46.7% of it's portfolio invested in the large-cap and mega-cap stocks.

LARGE-CAP
UNALLOCATED
MID-CAP
MEGA-CAP
SMALL-CAP

Category	%
LARGE-CAP	28.7
UNALLOCATED	24.7
MID-CAP	23.8
MEGA-CAP	18
SMALL-CAP	4.8

Stocks belong to which Index?

About 47.3% of the stocks held by Two Creeks Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.

Others
S&P 500
RUSSELL 2000

Index	%
Others	52.7
S&P 500	37.1
RUSSELL 2000	10.2

Top 5 Winners (%)		%
ASML	asml hldg nv	19.1 %
TSM	taiwan semiconductor manufac	8.3 %
RTO	rentokil initial plc	6.9 %

Top 5 Winners ($)		$
ASML	asml hldg nv	10.7 M
TSM	taiwan semiconductor manufac	4.7 M
RTO	rentokil initial plc	0.7 M

Top 5 Losers (%)		%
U	unity software inc	-43.8 %
WING	wingstop inc	-34.9 %
PLNT	planet fitness master issuer	-28.8 %
HDB	hdfc bank ltd	-28.2 %
GRAB	grab holdings limited	-26.6 %

Top 5 Losers ($)		$
U	unity software inc	-33.9 M
PLNT	planet fitness master issuer	-18.2 M
MSFT	microsoft corp	-14.9 M
WING	wingstop inc	-14.4 M
MIR	mirion technologies inc	-13.0 M

Two Creeks Capital Management, LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Two Creeks Capital Management, LP

Two Creeks Capital Management, LP has 21 stocks in it's portfolio. About 61.4% of the portfolio is in top 10 stocks. U proved to be the most loss making stock for the portfolio. ASML was the most profitable stock for Two Creeks Capital Management, LP last quarter.

Last Reported on: 15 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABNB	airbnb inc	4.62	356,325	44,996,700	added	0.78

AMZN	amazon com inc	0.00	0.00	0.00	sold off	-100

ASML	asml hldg nv	4.46	32,909	43,467,200	reduced	-37.47

CHK	expand energy corporation	0.00	0.00	0.00	sold off	-100

CMG	chipotle mexican grill inc	4.56	1,388,270	44,438,500	reduced	-21.35

CNM	core & main inc	2.06	405,639	20,038,600	new

CPNG	coupang inc	0.00	0.00	0.00	sold off	-100

DHR	danaher corp del	6.92	355,509	67,404,500	added	32.99

DKNG	draftkings inc new	0.00	0.00	0.00	sold off	-100

ENTG	entegris inc	0.00	0.00	0.00	sold off	-100

EQT	eqt corp	0.00	0.00	0.00	sold off	-100

ESE	esco technologies inc	5.23	180,938	50,910,500	new

FCX	freeport mcmoran inc	2.41	399,816	23,501,200	new

FND	floor & decor hldgs inc	6.05	1,160,390	58,947,800	reduced	-15.52

GRAB	grab holdings limited	3.36	8,951,090	32,761,000	added	0.78

HDB	hdfc bank ltd	1.46	571,154	14,210,300	reduced	-23.16

IBN	icici bank limited	0.00	0.00	0.00	sold off	-100

LOW	lowes cos inc	0.00	0.00	0.00	sold off	-100

MA	mastercard incorporated	4.65	90,649	45,293,700	added	0.72

MIR	mirion technologies inc	4.68	2,449,060	45,528,000	reduced	-16.24