Blacksheep Fund Management Ltd — 13F holdings

Blacksheep Fund Management Ltd reported 7 holdings worth $310M in its 13F filing for Q2 2026, filed August 25, 2026.

Largest positions

1. MA MASTERCARD INCORPORATED — $78.8M (25.5%)
2. V Visa Inc — $64.0M (20.7%)
3. TDG TRANSDIGM GROUP INC — $60.9M (19.7%)
4. MSFT MICROSOFT CORP — $48.5M (15.7%)
5. FWONK LIBERTY MEDIA CORP DEL — $33.5M (10.8%)
6. TCX TUCOWS INC — $14.7M (4.8%)
7. FWONA LIBERTY MEDIA CORP DEL — $9.11M (2.9%)