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AltaRock Partners

AltaRock Partners

$4.24B
disclosed 13F portfolio · 8 positions
top-5 concentration96%
Q2 2026 · filed Aug 17, 2026

AltaRock Partners (AltaRock Partners) discloses a $4.24B portfolio across 8 US-listed positions in the latest 13F filing (2026Q2, filed Aug 17, 2026). The largest holding is AMZN at 32.2% of the book. The biggest move of the quarter: trimmed the AMZN share count by 24% (position now $1.37B). Mechanically cloning this 13F returned 16.5%/yr over the past 11.4 years, versus 13.5%/yr for the S&P 500 across that identical 11.4-year window.

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Holdings (8) · click any column to sort

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  • port32.2%
    val$1.37B
    Amazon.com Inc
    this Q -24%·18q
  • port27.5%
    val$1.17B
    Transdigm Group Inc
    this Q hold·40q
  • port20.5%
    val$871M
    Microsoft Corp
    this Q +25%·21q
  • port9.3%
    val$393M
    Mastercard Inc - A
    this Q +46%·40q
  • 5V
    port6.8%
    val$287M
    Visa Inc-class A Shares
    this Q +68%·40q
  • port3.2%
    val$137M
    Moody's Corp
    this Q -65%·40q
  • port0.4%
    val$15M
    Alphabet Inc-cl A
    this Q hold·27q
  • port0.1%
    val$5M
    Hilton Worldwide Holdings IN
    this Q hold·7q
2026Q2 moves, by size (5)(expand ↓)
  • TRIMAMZN
    32.2%
    Amazon.com Inc
    Δ -24%·$1.37B
  • ADDMSFT
    20.5%
    Microsoft Corp
    Δ +25%·$871M
  • ADDMA
    9.3%
    Mastercard Inc - A
    Δ +46%·$393M
  • TRIMMCO
    3.2%
    Moody's Corp
    Δ -65%·$137M
  • ADDV
    6.8%
    Visa Inc-class A Shares
    Δ +68%·$287M

About AltaRock Partners

AltaRock Partners is a Boston-based concentrated long-only equity manager founded by Jim Goetz and John Melas-Kyriazi, running what amounts to a high-conviction compounding portfolio: eight disclosed positions at last count, with the top five accounting for roughly 96% of a $4.1B book. The style sits in the Munger-influenced "wonderful businesses at fair prices" tradition — Amazon, TransDigm, Microsoft, Moody's, and Mastercard have been persistent core holdings, each chosen for durable pricing power and reinvestment runway. There are no known short positions, options overlays, or derivatives strategies that would create material divergence between the 13F and the actual portfolio; what you see is largely what they own. The 45-day disclosure lag is the primary friction for anyone attempting to clone the book — position-level changes can be meaningful given how few names are held, so a quarterly filing may already reflect a full turn in one of the top weights.

2026Q2 brief

2026Q2 activity: 3 conviction adds (top: MSFT, MA, V). Top 5 holdings: AMZN, TDG, MSFT, MA, V (96% of portfolio).

AI-generated. Not investment advice.

Filing history

AltaRock Partners's disclosed 13F portfolio value and position count by quarter — the trajectory across every SEC filing.

Disclosed portfolio value · Q3 2023Q2 2026now $4.24B · peak $5.48B (Q2 2025)
Q3 2023Q2 2024Q2 2025Q2 2026
QuarterPositionsPortfolio value
Q2 2026 — what changed →8
$4.24B
Q1 2026 — what changed →8
$4.13B
Q4 2025 — what changed →8
$5.10B
Q3 2025 — what changed →9
$5.47B
Q2 2025 — what changed →9
$5.48B
Q1 2025 — what changed →9
$4.97B
Q4 2024 holdings10
$4.94B
Q3 2024 holdings9
$5.08B
Q2 2024 holdings9
$4.86B
Q1 2024 holdings8
$4.65B
Q4 2023 holdings8
$4.48B
Q3 2023 holdings8
$3.99B

Values as disclosed at each quarter end. Older filings on EDGAR.

Multibaggers AltaRock Partners held

Stocks up 5x or more since AltaRock Partners first held them at conviction size — the holding record behind the returns. Longest unbroken run and largest book weight are shown for each.

  • FICO22.4xFAIR ISAAC CORP6q straight · peak 1.33%
  • AMZN13.8xAMAZON.COM INC17q straight · peak 38.2% · still holds
  • TDG12.3xTRANSDIGM GROUP INC46q straight · peak 32.29% · still holds
  • MSFT11.2xMICROSOFT CORP20q straight · peak 24.33% · still holds
  • GOOGL10.1xALPHABET INC-CL A26q straight · peak 26.19% · still holds
  • META10.0xMETA PLATFORMS INC-CLASS A6q straight · peak 24.38%

Six biggest of 11. Price multiple since the first quarter we observed a conviction holding (2014Q1 at the earliest), not AltaRock Partners's realized return — entry price and trades between filings aren't disclosed. Peak weight is share of disclosed US 13F book. All 129 multibaggers the cohort held →

Frequently asked questions

What stocks does AltaRock Partners own?
As of 2026Q2, AltaRock Partners's 13F discloses 8 positions worth $4.24B. The top five holdings: AMZN (32.2%), TDG (27.5%), MSFT (20.5%), MA (9.3%), V (6.8%). 13F filings cover long US-listed equities only — cash, bonds, shorts, and non-US positions are not disclosed.
What did AltaRock Partners buy this quarter?
In 2026Q2, the filing shows 0 new positions and 3 additions to existing holdings. The largest positions touched by buying: MSFT, MA, V.
How big is AltaRock Partners's portfolio?
$4.24B across 8 positions per the latest 13F (filed Aug 17, 2026). The top five holdings account for 96% of the disclosed book.

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Long US equity 13F-HR filings only — no shorts, no derivatives. SEC filings at EDGAR (CIK 0001631014). Not investment advice.