Blacksheep Fund Management Ltd
•CIK: 1800249•Filing: Q4 2025
**Blacksheep Fund Management Ltd** manages $246M across a focused portfolio of eight positions. The fund exhibits significant concentration in technology and industrials, with its largest holding in T7D accounting for $77.7M. Further notable allocations include MSFT at $40.8M and FWONK at $34.6M, suggesting a tactical, high-conviction approach to market opportunities. This structure indicates a concentrated bet on specific sector leaders within its current mandate.
Total AUM
$246.0M
QoQ Performance
+109.7%
Positions
7
Top 10 Concentration
100.0%
Latest Filing
Q4 2025
Top Holdings Allocation
T7D
MSFT
FWONK
MA
TUQ1
V
GRND
T7D31.6%
MSFT16.6%
FWONK14.1%
MA10.3%
TUQ110.0%
V6.9%
GRND6.8%
FWONA3.8%
📈 Biggest Buys
📉 Biggest Sells
No reductions this quarter
Sector Breakdown
Other48.4%
Communication17.9%
Financial17.2%
Technology16.6%
Changes from Q3 2025
NEW4 new positions
↑1 increased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023