Whitebark Investors is an SEC-registered investment adviser based in Incline Village, NV that reports managing 2 hedge funds on Form ADV. It reports $292.4 million in regulatory assets under management. Its private funds, of all types, hold $292.4 million in gross assets. Its disclosed U.S. stock holdings returned an estimated -25.9% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated -24.1% from Q1 2025 to Q2 2026, compared with +27.4% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $292.4 millionForm ADV Item 5.F
- Gross assets of private funds
- $292.4 millionAll private fund types, Form ADV
- Hedge funds managed
- 23 private funds in total
- Employees
- 6Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 331803
- Latest Form ADV
- 05/27/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +9.5% | +14.8% |
| Q1 2026 | -32.3% | -4.6% |
| Q4 2025 | -9.2% | +2.4% |
| Q3 2025 | +3.7% | +7.8% |
| Q2 2025 | +13.2% | +10.4% |
| Q1 2025 | -3.9% | -4.5% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Global-e Online$20.7 million
- Coupang Inc CL A$18.7 million
- Grocery Outlet Hldg Corp$16.2 million
- Microsoft Corp Com$15.6 million
- Klarna Group PLC$14.0 million
- Flutter Entertainment PLC$13.8 million
- Goosehead Insurance Inc -A$13.1 million
- Blend Laboratories Inc CL A$10.8 million
- Taiwan Semiconductor MFG LTD Sponsored ADS$4.1 million
- Shenandoah Telecommunication$2.5 million
As of 2026-06-30, from 13F filing by Whitebark Investors LP.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures