# VERNIER CAPITAL PARTNERS, LP

> Institutional holdings reported to the SEC as of Q2 2019 on Form 13F. CIK 1599171. Source: https://holderbook.com/funds/1599171-vernier-capital-partners-lp/

- Reported value: $132.0M
- Positions: 21
- Weight of the ten largest: 64.8%
- Filed: 2019-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $11.2M | 5,910 | 8.5% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $10.8M | 9,930 | 8.1% | 3 |
| JD.COM INC | [JD](https://holderbook.com/stocks/JD/) | $10.4M | 295,713 | 7.9% | 1 |
| DBX ETF TR | [ASHR](https://holderbook.com/stocks/ASHR/) | $9.0M | 0 | 6.8% | 1 |
| ICICI BANK LIMITED | [IBN](https://holderbook.com/stocks/IBN/) | $8.4M | 670,000 | 6.4% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $7.9M | 27,900 | 6.0% | 2 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $7.6M | 45,000 | 5.8% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $7.6M | 0 | 5.7% | 1 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $6.8M | 91,339 | 5.1% | 3 |
| ZILLOW GROUP INC | [Z](https://holderbook.com/stocks/Z/) | $5.9M | 126,500 | 4.4% | 3 |
| SS&C TECH HLDGS | [SSNC](https://holderbook.com/stocks/SSNC/) | $5.0M | 87,254 | 3.8% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $5.0M | 19,000 | 3.8% | 2 |
| EQUIFAX INC | [EFX](https://holderbook.com/stocks/EFX/) | $4.9M | 36,000 | 3.7% | 1 |
| ZENDESK INC | [ZEN](https://holderbook.com/stocks/ZEN/) | $4.8M | 54,000 | 3.6% | 1 |
| ENVESTNET INC | [ENV](https://holderbook.com/stocks/ENV/) | $4.7M | 68,908 | 3.6% | 1 |
| SPDR INDEX SHS FDS | [GXC](https://holderbook.com/stocks/GXC/) | $4.5M | 0 | 3.4% | 1 |
| DOMINOS PIZZA INC | [DPZ](https://holderbook.com/stocks/DPZ/) | $4.4M | 15,700 | 3.3% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $4.3M | 25,000 | 3.3% | 3 |
| TWILIO INC | [TWLO](https://holderbook.com/stocks/TWLO/) | $3.3M | 24,000 | 2.5% | 1 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $3.2M | 20,000 | 2.4% | 1 |
| TESLA INC | - | $2.5M | 2,500,000 | 1.9% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2019 | +7.2% | +3.7% | +3.5% | 79% |
| Q1 2019 | +10.9% | +13.0% | -2.1% | 63% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2019 | $132.0M | 21 |
| Q1 2019 | $134.2M | 19 |
| Q4 2018 | $152.8M | 16 |