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Built from publicly disclosed institutional and insider activity. Informational purposes only - not investment advice.OpenStocks · v0.1
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  3. Jonathan Auerbach (Hound Partners)
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Hedge Fund · CIK 0001353316

Jonathan Auerbach

Hound Partners
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  • Tech-Heavy
  • Concentrated
  • Boutique

Jonathan Auerbach runs Hound Partners, a hedge fund overseeing $721.3M in disclosed equity holdings (SEC CIK 0001353316). The latest portfolio (2025Q4) discloses 36 positions across 8 sectors, with the largest positions in CCL, PLTR and NVDA. On a mark-to-market basis the tracked portfolio has returned 10.2% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track Jonathan's filingsView holdings↓
Portfolio
$721.29M
Positions
36
Quarter
2025Q4
Filings tracked
40
1Y+10.2%Since filing+68.7%Full performance →
Quarter
2025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q1
1-YearTWR
+10.16%
since 2024Q4
3-Year
—
insufficient history
5-Year
—
insufficient history
10-Year
—
insufficient history

Performance overview

We mark Jonathan Auerbach (Hound Partners)'s disclosed portfolio to current market prices and compare its growth against the S&P 500 (SPY). Jonathan’s portfolio is 10.2% over the last 12 months · 68.7% since 2016Q1.

Portfolio growth vs SPY
Rebased to 100 at 2021Q2 · through 2025Q4
Jonathan Auerbach
+11.9%
SPY
+69.5%
Alpha
-57.6pp
63921211491782021Q22023Q32025Q4
Portfolio line is the GIPS-compliant time-weighted return chain-linked across the manager's quarterly 13F filings — unaffected by capital flows. Quarters with insufficient held-through coverage are skipped, which can briefly flatten the line.
Capital flow per quarter
BuysSellsNet
+$630M+$315M$0-$315M-$630M'21Q3'21Q4'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1'24Q2'24Q3'24Q4'25Q1'25Q2
Latest · 2025Q2
+$144M
Lifetime buys
$2.94B
Lifetime sells
$3.87B
Portfolio over time
AUMPositions
$0$602M$1.20B$1.83B20612'21Q3'23Q2'25Q2
QoQ AUM
+46.7%
16Q lifetime AUM
-59.5%
QoQ positions
+11
16Q lifetime positions
-178
Position concentration
28 positions
Top 1
13%
of book
  • Top 113%$98.1MCCL
  • Top 2-539%$287.1MSE, NVDA, NORWEGIAN CR
  • Top 6-1024%$177.5MGS, BIO, GOLAR LNG LT
  • Top 11-2020%$146.8MARW, MSFT, LLYVK*
  • Rest4%$30.3MRest of port