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Portfolio (Quarterly) Guide ↗

Blacksheep Fund Management Ltd

· CIK 0001800249
13F Portfolio $247M AUM 8 positions Filed May 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 3 Added 1 Reduced
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 MSFT MICROSOFT CORP Technology 130,140.0 $48.2M 19.49% +46K +54.4% $370.17 +2.5%
2 MA MASTERCARD INCORPORATED Financial Services 87,650.0 $43.8M 17.72% +43K +97.8% $499.66 -2.0%
3 V VISA INC Financial Services 100,710.0 $30.4M 12.31% +52K +108.7% $302.24 +8.3%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 39.2%
Financial Services 35.5%
Industrials 25.4%