13F

Investor

Blacksheep Fund Management Ltd

CIK 0001800249 · filed 2026-05-13 · SEC filing

13F book

$247.2M

Positions

8

Largest name

21.5%

Transdigm Group Inc · TDG

Est. mark

−$36.3M

Price effect on 8 names still held. Flow $37.6M.
NameTickerSharesValueWeightEst. markChange
Transdigm Group IncTDG45.8K$53M21.5%−$7.82MCut−$24.7M
Microsoft CorpMSFT130.1K$48.2M19.5%−$9.56MAdded$7.41M
Mastercard IncMA87.7K$43.8M17.7%−$3.16MAdded$18.5M
Visa Inc.V100.7K$30.4M12.3%−$2.34MAdded$13.5M
Liberty Media Corp Del351.7K$29.9M12.1%−$4.74MHeld
Tucows Inc1.09M$18.7M7.6%−$5.74MHeld
Grindr Inc.GRND1.24M$15M6.1%−$1.8MHeld
Liberty Media Corp Del104K$8.12M3.3%−$1.18MHeld

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.