# Birnam Oak Advisors, LP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1997245. Source: https://holderbook.com/funds/1997245-birnam-oak-advisors-lp/

- Reported value: $616.1M
- Positions: 39
- Weight of the ten largest: 76.8%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $60.4M | 385,076 | 9.8% | 7 |
| CHART INDS INC | [GTLS](https://holderbook.com/stocks/GTLS/) | $59.6M | 285,399 | 9.7% | 4 |
| KENVUE INC | [KVUE](https://holderbook.com/stocks/KVUE/) | $57.4M | 3,005,020 | 9.3% | 2 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $56.5M | 179,719 | 9.2% | 4 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $54.6M | 2,046,728 | 8.9% | 2 |
| PENUMBRA INC | [PEN](https://holderbook.com/stocks/PEN/) | $54.1M | 171,277 | 8.8% | 2 |
| UNIFIRST CORP MASS | [UNF](https://holderbook.com/stocks/UNF/) | $45.3M | 171,148 | 7.3% | 2 |
| ROKU INC | [ROKU](https://holderbook.com/stocks/ROKU/) | $40.1M | 290,000 | 6.5% | 1 |
| QORVO INC | [QRVO](https://holderbook.com/stocks/QRVO/) | $23.3M | 249,884 | 3.8% | 2 |
| ECHOSTAR CORP | [ECHO](https://holderbook.com/stocks/ECHO/) | $22.1M | 187,428 | 3.6% | 4 |
| REVOLUTION MEDICINES INC | [RVMD](https://holderbook.com/stocks/RVMD/) | $20.2M | 107,644 | 3.3% | 2 |
| AES CORP | [AES](https://holderbook.com/stocks/AES/) | $18.0M | 1,226,667 | 2.9% | 1 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $15.7M | 181,798 | 2.5% | 7 |
| TOPBUILD COR | [BLD](https://holderbook.com/stocks/BLD/) | $13.2M | 37,136 | 2.1% | 1 |
| TXNM ENERGY INC | [TXNM](https://holderbook.com/stocks/TXNM/) | $11.2M | 198,018 | 1.8% | 5 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $10.2M | 150,000 | 1.7% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $8.5M | 38,880 | 1.4% | 7 |
| ELECTRONIC ARTS INC | [EA](https://holderbook.com/stocks/EA/) | $8.1M | 39,412 | 1.3% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $7.5M | 15,000 | 1.2% | 7 |
| J P MORGAN EXCHANGE TRADED F | [BBJP](https://holderbook.com/stocks/BBJP/) | $4.5M | 60,343 | 0.7% | 7 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $4.4M | 49,554 | 0.7% | 7 |
| ISHARES TR | [IEUR](https://holderbook.com/stocks/IEUR/) | $4.1M | 55,000 | 0.7% | 7 |
| VIASAT INC | [VSAT](https://holderbook.com/stocks/VSAT/) | $3.7M | 40,994 | 0.6% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.3M | 9,500 | 0.4% | 7 |
| CONTROLADORA VUELA COMP DE A | [VLRS](https://holderbook.com/stocks/VLRS/) | $1.2M | 130,158 | 0.2% | 2 |
| AVIS BUDGET GROUP INC | [CAR](https://holderbook.com/stocks/CAR/) | $1.2M | 0 | 0.2% | 1 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $1.1M | 5,000 | 0.2% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.1M | 3,000 | 0.2% | 7 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.0M | 1,000 | 0.2% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $868.1K | 3,000 | 0.1% | 1 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $836.2K | 4,000 | 0.1% | 2 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $769.0K | 3,833 | 0.1% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $686.2K | 2,000 | 0.1% | 2 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $676.5K | 2,000 | 0.1% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $654.7K | 2,000 | 0.1% | 2 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $373.1K | 4,000 | 0.1% | 7 |
| CAESARS ENTERTAINMENT INC NE | [CZR](https://holderbook.com/stocks/CZR/) | $301.8K | 0 | 0.0% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $200.1K | 1,000 | 0.0% | 1 |
| FULL HSE RESORTS INC | [FLL](https://holderbook.com/stocks/FLL/) | $171.2K | 61,375 | 0.0% | 2 |

## 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 2026 | +9.7% | +14.8% | -5.2% | 79% |
| Q4 2025 | +3.4% | +2.4% | +1.0% | 77% |
| Q3 2025 | +6.8% | +7.8% | -1.0% | 80% |
| Q2 2025 | -1.8% | +10.5% | -12.2% | 100% |
| Q1 2025 | -2.1% | -4.6% | +2.4% | 94% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $616.1M | 39 |
| Q1 2026 | $440.6M | 34 |
| Q4 2025 | $446.5M | 32 |
| Q3 2025 | $435.4M | 32 |
| Q2 2025 | $338.5M | 24 |
| Q1 2025 | $552.4M | 29 |
| Q4 2024 | $206.1M | 27 |