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Hound Partners, LLC

CIK:0001353316
Hedge Fund
$4B AUM
28 holdings
New York, NY, United States
Founded:2004
25 employees
Latest filing:Jun 30, 2025

Hound Partners, LLC is a hedge fund and investment adviser headquartered in New York City, United States. Founded in 2004 by Jonathan Auerbach, the firm manages public equity portfolios using long/short investment strategies and serves a global client base through private funds and separately managed accounts. Hound Partners focuses primarily on equity and equity-related instruments, managing eight private funds. The firm typically employs fewer than 25 employees.

Investment Strategy

Hound Partners utilizes long and short-term investment strategies in public equities, with a primary focus on equity and equity-related instruments. The firm manages diversified long/short portfolios and seeks to capitalize on opportunities primarily within industrial and growth sectors. Hound invests through multiple private funds and managed accounts, aiming for risk-adjusted returns through rigorous research and active portfolio management. Its approach includes fundamental analysis and sector allocation, with portfolio turnover and position sizing reflective of market conditions and investment themes.

Top Buys
S
SESEA LTD
+$80.0M
G
GSGOLDMAN SACHS GROUP INC
+$56.6M
A
AAPLAPPLE INC
+$25.2M
C
CCLCARNIVAL CORP
+$24.1M
O
ONONON HLDG AG
+$13.0M
Top Sells
E
EXPEEXPEDIA GROUP INC
-$11.9M
N
NCLHNORWEGIAN CRUISE LINE HLDG L
-$7.3M
B
BIOBIO RAD LABS INC
-$5.2M
W
WDAYWORKDAY INC
-$1.5M
D
DGDOLLAR GEN CORP NEW
-$1.4M

Top Holdings

C
CCLCARNIVAL CORP
+13.3%$98.1M
S
SESEA LTD
+10.8%$80.0M
N
NVDANVIDIA CORPORATION
+10.8%$80.0M
N
NCLHNORWEGIAN CRUISE LINE HLDG L
+9.2%$68.0M
E
EXPEEXPEDIA GROUP INC
+8.0%$59.2M

Equity Positions (28)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
C
CCL
CARNIVAL CORP13.26%$98.1M3,487,983$19.53$28.12+$24.1M
S
SE
SEA LTD10.81%$80.0M500,000$159.94$159.94+$80.0M
N
NVDA
NVIDIA CORPORATION10.81%$80.0M506,100$109.06$157.99+$1.9M
N
NCLH
NORWEGIAN CRUISE LINE HLDG L9.19%$68.0M3,352,836$18.96$20.28-$7.3M
E
EXPE
EXPEDIA GROUP INC8.00%$59.2M351,025$168.10$168.68-$11.9M

Industry Allocation

WATER TRANSPORTATION
+26.1%
SERVICES-MISCELLANEOUS BUSINESS SERVICES
+10.8%
SEMICONDUCTORS & RELATED DEVICES
+10.8%
TRANSPORTATION SERVICES
+8.0%
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
+7.7%