Stocks/Funds/CIK 1923934

Bond Capital Management, LP

long-term holderconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1923934
Assets
$110M
-40.9% YoY
Holdings
4
Lifetime alpha vs market
-18.79% annual
Average hold time
3.2 yr
median 4.0 yr

Quarterly history

Cum return -34% vs S&P +52% · α -86% lifetimeAUM $110M · peak $391MFlow $-4M (-3%)2022-032022-122023-092024-062025-032025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
-0.62%
trims when stocks drop
when a holding falls −10%+
Middle response
-2.69%
baseline attrition
Rally response
-5.06%
trims into rallies
when a holding rises +10%+

Top positions · 4

Ticker$ value% portYoYHold time
CRWVCoreWeave, Inc. Class A $55M49.9%+108.9%0.5 yr
$31M28.5%3.8 yr
DLODLocal Limited$12M11.0%+63.1%4.3 yr
NXDRNextdoor Holdings, Inc.$12M10.7%-8.5%4.3 yr

Portfolio composition (YoY)

Industry mix
Software - Infrastructure60.8%+56.7pp$67M
Unknown28.5%+12.0pp$31M
Internet Content & Information10.7%+9.5pp$12M
Country
US60.5%+47.8pp
Unknown28.5%+12.0pp
UY11.0%+6.8pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
DLO$8M+0.00B63.1%
NXDR$2M-0.00B-8.5%

Losers

TickerPrev $PnLYoY %
NXDR$2M-0.00B-8.5%

Top buys this quarter · 0

No buys this quarter

Top sells this quarter · 0

No sells this quarter

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$110M4-6.09%+17.59%-23.69%-0.00B
2025-12-31$117M4-20.91%+17.72%-38.63%-0.07B
2025-09-30$207M5-7.91%+17.52%-25.43%+0.01B
2025-06-30$216M5+38.72%+14.94%+23.78%-0.00B
2025-03-31$186M5+13.75%+8.30%+5.45%-0.00B
2024-12-31$233M5+60.09%+24.89%+35.20%+0.01B
2024-09-30$207M5+47.70%+36.04%+11.67%-0.04B
2024-06-30$180M5+2.24%+24.49%-22.25%-0.00B
2024-03-31$187M5+2.83%+29.62%-26.79%+0.01B
2023-12-31$157M5+18.74%+26.18%-7.43%+0.00B
2023-09-30$158M5+20.40%+21.57%-1.17%-0.01B
2023-06-30$179M5+19.71%+19.42%+0.29%-0.00B
2023-03-31$184M5-39.75%-7.82%-31.93%-0.00B
2022-12-31$142M5+0.36%+7.56%-7.20%-0.01B
2022-09-30$147M5-7.28%-4.93%-2.35%-0.08B
2022-06-30$246M5-51.01%-16.11%-34.90%+0.05B