Fivespan Partners, LP

CIK 0002040262 · Q2 2026

13F Equity AUM

$424.3M

+12.4% QoQ

Positions

+2 QoQ

AUM Rank

#4,115

Top 47%

Skill Alpha (FF)

—

Building track record (2q)

Quarters Tracked

~0 years

Portfolio Concentration

Top 5: 95.6%Top 10: 100.0%Top 20: 100.0%

QIAGEN NV24.8%

BL22.3%

APPN18.9%

OUT18.3%

LRN11.2%

SSD4.4%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Technology41.2%

Unclassified24.8%

Real Estate18.3%

Consumer Defensive11.2%

Industrials4.4%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 6Median: 18.64%Avg: 16.67%

0–0.5%

0(0.0%)

0.5–1%

0(0.0%)

1–3%

0(0.0%)

3–5%

1(4.4%)

5%+

5(95.6%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 0Unique: 6vs 20 funds

0%Low

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Loading overlap analysis...

Position Changes This Quarter

New2Increased1Decreased1Exited0

New Positions

LRN11.2%

+553K

SSD4.4%

+90K

Increased

BL22.3%

+350K(+12%)

Decreased

OUT18.3%

-400,000(-14%)

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...