Robert Vinall

Robert Vinall runs one of the most concentrated books in the universe, and 2026Q1 reinforced that — CVNA was added to again (+24% to a staggering 31.1% of the $380M portfolio), making it by far the single largest position among tracked super-investors. Combined with META at 21.8%, CACC at 13.8%, and IBKR at 13.4%, the top four names consume over 79% of the fund. The most notable structural move was exiting WIX.COM (previously 7.6%) entirely, freeing capital that appears partly recycled into a near-doubling of MSFT (+119% to 2.46%) and a +73% add to PAYC — both suggesting Vinall is broadening his software exposure while staying firmly in high-ROIC digital businesses. Tiny new positions in MORN (0.17%) and Spotify (0.06%) look like early-stage research stakes. The CVNA concentration is an extraordinary single-stock bet; watch whether Vinall begins trimming after what has been a multi-quarter building phase, or if it breaches 35% in the next filing.