Filed: 2/13/2026ACC: 0001172661-26-000795
📋 What this filing means
BLACKSHEEP FUND MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 8 equity positions with a total reported market value of $245.96M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
8
Positions
$245.96M
Total AUM (reported)
3.02M
Total Shares
Allocation by class
COM$135.31M55.0%
COM LBTY ONE S C$34.65M14.1%
CL A$25.30M10.3%
COM NEW$24.48M10.0%
COM CL A$16.92M6.9%
COM LBTY ONE S A$9.30M3.8%
Portfolio Concentration
Top 3$153.15M62.3%
4–10$92.81M37.7%
Top 3 weight
62.3%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 3.02M
Sole
Full voting authority
3.02M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole8
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings8
Rows:
TRANSDIGM GROUP INC
SOLEShares58.46K
TypeSH
Market value$77.75M
31.61%
Sole
58.46K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares84.28K
TypeSH
Market value$40.76M
16.57%
Sole
84.28K
Shared
0.00
None
0.00
LIBERTY MEDIA CORP DEL
SOLEShares351.71K
TypeSH
Market value$34.65M
14.09%
Sole
351.71K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares44.32K
TypeSH
Market value$25.30M
10.29%
Sole
44.32K
Shared
0.00
None
0.00
TUCOWS INC
SOLEShares1.09M
TypeSH
Market value$24.48M
9.95%
Sole
1.09M
Shared
0.00
None
0.00
VISA INC
SOLEShares48.25K
TypeSH
Market value$16.92M
6.88%
Sole
48.25K
Shared
0.00
None
0.00
GRINDR INC
SOLEShares1.24M
TypeSH
Market value$16.80M
6.83%
Sole
1.24M
Shared
0.00
None
0.00
LIBERTY MEDIA CORP DEL
SOLEShares104.01K
TypeSH
Market value$9.30M
3.78%
Sole
104.01K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TRANSDIGM GROUP INCSOLE | COM | 58.46K | SH | $77.75M 31.61% | 58.46K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 84.28K | SH | $40.76M 16.57% | 84.28K | 0.00 | 0.00 |
LIBERTY MEDIA CORP DELSOLE | COM LBTY ONE S C | 351.71K | SH | $34.65M 14.09% | 351.71K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 44.32K | SH | $25.30M 10.29% | 44.32K | 0.00 | 0.00 |
TUCOWS INCSOLE | COM NEW | 1.09M | SH | $24.48M 9.95% | 1.09M | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 48.25K | SH | $16.92M 6.88% | 48.25K | 0.00 | 0.00 |
GRINDR INCSOLE | COM | 1.24M | SH | $16.80M 6.83% | 1.24M | 0.00 | 0.00 |
LIBERTY MEDIA CORP DELSOLE | COM LBTY ONE S A | 104.01K | SH | $9.30M 3.78% | 104.01K | 0.00 | 0.00 |