Ashe Capital Management, LP
•CIK: 1632715•Filing: Q4 2025
**Ashe Capital Management, LP** This $1.0B fund maintains a concentrated portfolio of six positions, exhibiting significant conviction in high-growth technology and software sectors. Top holdings include SHOP, representing $281.7M, and APPF, at $250.8M, anchoring the core equity exposure. The remaining positions, including FWONK ($186.3M) and VEEV ($104.5M), further underscore a deep-value, sector-specific allocation strategy. The current structure suggests a focused, high-conviction approach within the technology landscape.
Total AUM
$1.0B
QoQ Performance
-27.2%
Positions
5
Top 10 Concentration
100.0%
Latest Filing
Q4 2025
Top Holdings Allocation
SHOP
APPF
FWONK
FWONA
VEEV
DDOG
SHOP27.3%
APPF24.3%
FWONK18.1%
FWONA10.3%
VEEV10.1%
DDOG10.0%
📈 Biggest Buys
No new positions or increases this quarter
📉 Biggest Sells
Sector Breakdown
Other71.7%
Communication28.3%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
↓5 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023