Stocks/Funds/CIK 1849753

Voyager Global Management LP

long-term holderconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1849753
Assets
$2.94B
+31.0% YoY
Holdings
8
Lifetime alpha vs market
+5.41% annual
Average hold time
3.2 yr
median 3.5 yr

Quarterly history

Cum return +88% vs S&P +52% · α +36% lifetimeAUM $2.9B · peak $3.4BFlow $211M (+6%)2021-122022-092023-062024-032024-122025-092026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+44.79%
adds when stocks drop
when a holding falls −10%+
Middle response
+2.77%
steady accumulation
Rally response
-27.07%
trims into rallies
when a holding rises +10%+

Top positions · 8

Ticker$ value% portYoYHold time
NVDANVIDIA Corporation$820M27.9%+60.9%1.0 yr
MSFTMicrosoft Corporation$490M16.7%-0.6%4.5 yr
AMZNAmazon.com, Inc.$453M15.4%+9.5%4.5 yr
TSMTaiwan Semiconductor Man$389M13.2%+105.6%3.0 yr
TEAMAtlassian Corporation$263M8.9%-67.8%1.3 yr
BKNGBooking Holdings Inc.$253M8.6%-96.3%3.0 yr
GOOGLAlphabet Inc.$144M4.9%4.5 yr
METAMeta Platforms, Inc.$129M4.4%-0.4%4.0 yr

Portfolio composition (YoY)

Industry mix
Semiconductors41.1%+26.1pp$1.21B
Software - Infrastructure16.7%+1.5pp$490M
Specialty Retail15.4%+1.3pp$453M
Internet Content & Information9.3%-14.7pp$273M
Software - Application8.9%+7.3pp$263M
Travel Services8.6%-2.7pp$253M
Country
US77.8%-7.2pp
TW13.2%-1.8pp
AU8.9%
Top 5: 82.1% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
TSM$336M+0.35B105.6%
AMZN$316M+0.03B9.5%
META$89M-0.00B-0.4%
MSFT$342M-0.00B-0.6%
BKNG$253M-0.24B-96.3%

Losers

TickerPrev $PnLYoY %
BKNG$253M-0.24B-96.3%
MSFT$342M-0.00B-0.6%
META$89M-0.00B-0.4%

Top buys this quarter · 4

TEAM Atlassian Corporation+$171M
NVDA NVIDIA Corporation+$148M
MSFT Microsoft Corporation+$490M
AMZN Amazon.com, Inc.+$78M

Top sells this quarter · 6

CHTR Charter Communications, Inc.exit$399M
V Visa Inc.exit$151M
TSM Taiwan Semiconductor Manufactu$372M
META Meta Platforms, Inc.$14M
BKNG Booking Holdings Inc.$1M
GOOGL Alphabet Inc.$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$2.94B8+4.37%+17.59%-13.22%+0.21B
2025-12-31$3.42B9+26.64%+17.72%+8.92%-0.02B
2025-09-30$3.41B12+39.11%+17.52%+21.59%+0.52B
2025-06-30$2.79B11+40.43%+14.94%+25.49%-0.02B
2025-03-31$2.24B11+20.16%+8.30%+11.86%-0.18B
2024-12-31$2.50B14+38.25%+24.89%+13.36%-0.05B
2024-09-30$2.31B11+42.46%+36.04%+6.43%-0.04B
2024-06-30$2.24B14+40.73%+24.49%+16.23%+0.03B
2024-03-31$2.07B13+52.67%+29.62%+23.05%-0.26B
2023-12-31$2.09B11+74.72%+26.18%+48.54%-0.34B
2023-09-30$2.13B13+50.20%+21.57%+28.64%-0.00B
2023-06-30$2.06B14+40.21%+19.42%+20.79%-0.05B
2023-03-31$1.82B11-1.88%-7.82%+5.94%-0.24B
2022-12-31$1.61B11-2.01%+7.56%-9.57%-0.08B
2022-09-30$1.73B11-3.41%-4.93%+1.52%+0.22B
2022-06-30$1.56B11-18.69%-16.11%-2.58%+0.14B