RV Capital

Q1 2024 13F · by Robert Vinall, portfolio manager

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

+9.5 pp in · −16.8 pp out

Very concentrated · behaves like 5 equal-sized positions

Low turnover · 24% a year, about 4.2 years per position


METAMeta Platforms, Inc. Class A	25.73%	198,383	$96M	held	—	22 q
CACCCredit Acceptance Corp	20.28%	137,688	$76M	trimmed−6%	−2.20 pp	22 q
CVNACarvana Co.	19.90%	847,531	$75M	added+18%	+8.94 pp	10 q
WIXWIX.com Ltd.	15.83%	431,280	$59M	trimmed−4%	−0.12 pp	18 q
IBKRInteractive Brokers Group, Inc. Class A	9.25%	309,947	$35M	held	—	5 q
PDDPDD Holdings Inc.	9.02%	290,400	$34M	added+46%	+0.59 pp	3 q
CRMSalesforce, Inc.	—	−186,849	—	exited	−14.22 pp	—
TRUPTrupanion, Inc.	—	−25,000	—	exited	−0.22 pp	—