General Equity Holdings LP
General Equity Holdings LP, managed by Andrew Bellas, reported 13 positions worth $167.49M in its 2026 Q2 13F filing: 3 new and 1 closed.
Estimated return
Since 2025 Q2 the disclosed positions returned an estimated +43.7% against +34.4% for the S&P 500. Price-only return of the fund's top 100 US longs at each quarter start, vs the S&P 500 over the same windows. Not the fund's actual return (no trades, fees, shorts, derivatives, cash).
| Quarter | Fund | S&P 500 |
|---|---|---|
| 2025 Q2 | +52.0% | +11.4% |
| 2025 Q3 | +7.4% | +7.6% |
| 2025 Q4 | +3.2% | +3.1% |
| 2026 Q1 | -24.3% | -5.8% |
| 2026 Q2 | +12.7% | +15.5% |
Top holdings, 2026 Q2
| Ticker | Company | Value | Portfolio % | Change |
|---|---|---|---|---|
| CVNA | CARVANA CO | $71.43M | 42.60% | -12.7% |
| SE | SEA LTD | $18.88M | 11.30% | +33.9% |
| APP | APPLOVIN CORP | $15.93M | 9.50% | -13.2% |
| JMIA | JUMIA TECHNOLOGIES AG | $8.21M | 4.90% | +37.9% |
| NU | NU HLDGS LTD | $7.78M | 4.60% | +11.5% |
| DASH | DOORDASH INC | $7.54M | 4.50% | +90.8% |
| NVDA | NVIDIA CORPORATION | $7.50M | 4.50% | NEW |
| ONEW | ONEWATER MARINE INC | $7.15M | 4.30% | NO CHANGE |
| OSCR | OSCAR HEALTH INC | $6.84M | 4.10% | NO CHANGE |
| FTAI | FTAI AVIATION LTD | $5.13M | 3.10% | +136.9% |
| U | UNITY SOFTWARE INC | $4.79M | 2.90% | NEW |
| HLF | HERBALIFE LTD | $4.67M | 2.80% | NEW |
| STKS | THE ONE GROUP HOSPITALITY INC | $1.64M | 0.98% | +26.1% |
All funds · Hedge Fund Tracker
Source: SEC EDGAR 13F filings, reported as of quarter end and filed up to 45 days later. Not investment advice.