Fresh conviction · rarest buys
The trades nobody else is on
Across 8 quarters of 13F filings, 716 new positions were opened in tickers currently held by two managers or fewer. 584 of them are held by zero other managers — completely alone on the trade.
Dataroma shows consensus — the tickers everyone owns. HoldLens shows rarity: the positions a single high-quality manager opened while everyone else was looking the other way. When the conviction gap is that wide, the thesis is worth reading.
716
Lonely new trades
584
Zero other owners
98
Held by one other mgr
Top 10 · the loneliest conviction
Rarest new trades, ranked
Q1 2026·NEW
DALDELTA AIR LINES INC
ALONE
in fleet today
ConvictionScore: −11Book impact: 1.0%
Q4 2025·NEW
FNDFND
ALONE
in fleet today
“New Floor & Decor position — retail bet.”
ConvictionScore: −10Book impact: 0.8%
Q4 2025·NEW
LLYVKLIBERTY LIVE HOLDINGS INC
ALONE
in fleet today
ConvictionScore: −2Book impact: 0.5%
Q4 2024·NEW
STZCONSTELLATION BRANDS INC
ALONE
in fleet today
ConvictionScore: −5Book impact: 0.5%
Q3 2024·NEW
DPZDPZ
ALONE
in fleet today
“First Domino's position.”
ConvictionScore: +6Book impact: 0.4%
Q3 2024·NEW
POOLPOOL
ALONE
in fleet today
“New Pool Corp position.”
ConvictionScore: −10Book impact: 0.4%
Q3 2025·NEW
DPZDPZ
ALONE
in fleet today
“New Domino's Pizza position — surprise entry.”
ConvictionScore: +6Book impact: 0.3%
Q2 2025·NEW
NUCORNUCOR CORP
ALONE
in fleet today
ConvictionScore: −8Book impact: 0.3%
Q4 2025·NEW
NYTNEW YORK TIMES CO
ALONE
in fleet today
ConvictionScore: +3Book impact: 0.1%
Q2 2025·NEW
DHID R HORTON INC
ALONE
in fleet today
ConvictionScore: −5Book impact: 0.1%
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Remove with Pro →Full list · every rare new trade
Every new position in a lonely name
| # | Manager | Ticker | Quarter | Others | Book % |
|---|---|---|---|---|---|
| 1 | Warren Buffett q10 · Berkshire Hathaway | DAL DELTA AIR LINES INC | Q1 2026 | 0 | 1.0% |
| 2 | Warren Buffett q10 · Berkshire Hathaway | FND FND | Q4 2025 | 0 | 0.8% |
| 3 | Warren Buffett q10 · Berkshire Hathaway | LLYVK LIBERTY LIVE HOLDINGS INC | Q4 2025 | 0 | 0.5% |
| 4 | Warren Buffett q10 · Berkshire Hathaway | STZ CONSTELLATION BRANDS INC | Q4 2024 | 0 | 0.5% |
| 5 | Warren Buffett q10 · Berkshire Hathaway | DPZ DPZ | Q3 2024 | 0 | 0.4% |
| 6 | Warren Buffett q10 · Berkshire Hathaway | POOL POOL | Q3 2024 | 0 | 0.4% |
| 7 | Warren Buffett q10 · Berkshire Hathaway | DPZ DPZ | Q3 2025 | 0 | 0.3% |
| 8 | Warren Buffett q10 · Berkshire Hathaway | NUCOR NUCOR CORP | Q2 2025 | 0 | 0.3% |
| 9 | Warren Buffett q10 · Berkshire Hathaway | NYT NEW YORK TIMES CO | Q4 2025 | 0 | 0.1% |
| 10 | Warren Buffett q10 · Berkshire Hathaway | DHI D R HORTON INC | Q2 2025 | 0 | 0.1% |
| 11 | Warren Buffett q10 · Berkshire Hathaway | LAMR LAMAR ADVERTISING CO NEW | Q2 2025 | 0 | 0.1% |
| 12 | Warren Buffett q10 · Berkshire Hathaway | DHI D R HORTON INC | Q2 2026 | 0 | 0.0% |
| 13 | Warren Buffett q10 · Berkshire Hathaway | MACYS MACYS INC | Q1 2026 | 0 | 0.0% |
| 14 | Warren Buffett q10 · Berkshire Hathaway | ALLE ALLEGION PLC | Q2 2025 | 0 | 0.0% |
| 15 | Howard Marks q9 · Oaktree Capital | SPG STATE STREET CORP | Q2 2026 | 0 | 14.0% |
| 16 | Seth Klarman q9 · Baupost Group | WTW WILLIS TOWERS WATSON PLC LTD | Q4 2025 | 0 | 8.5% |
| 17 | Seth Klarman q9 · Baupost Group | ELV ELEVANCE HEALTH INC FORMERLY | Q4 2025 | 0 | 8.4% |
| 18 | Seth Klarman q9 · Baupost Group | UNP UNION PAC CORP | Q4 2025 | 0 | 7.1% |
| 19 | Seth Klarman q9 · Baupost Group | WCC WESCO INTL INC | Q4 2025 | 0 | 6.6% |
| 20 | Seth Klarman q9 · Baupost Group | FERG FERGUSON ENTERPRISES INC | Q4 2024 | 0 | 5.7% |
| 21 | Stephen Mandel q9 · Lone Pine Capital | AMAT APPLIED MATLS INC | Q2 2026 | 0 | 5.3% |
| 22 | Howard Marks q9 · Oaktree Capital | QQQ INVESCO QQQ TRUST SERIES 1 | Q1 2026 | 0 | 5.2% |
| 23 | Seth Klarman q9 · Baupost Group | DG DOLLAR GEN CORP NEW | Q4 2025 | 0 | 5.2% |
| 24 | Stephen Mandel q9 · Lone Pine Capital | LINDE LINDE PLC | Q2 2026 | 0 | 4.9% |
| 25 | Seth Klarman q9 · Baupost Group | AON AON PLC | Q1 2026 | 0 | 4.9% |
| 26 | Stephen Mandel q9 · Lone Pine Capital | CVNA CARVANA CO | Q1 2025 | 0 | 4.9% |
| 27 | Seth Klarman q9 · Baupost Group | FERG FERGUSON ENTERPRISES INC | Q4 2025 | 0 | 4.8% |
| 28 | Stephen Mandel q9 · Lone Pine Capital | ASML ASML HOLDING N V | Q4 2025 | 0 | 4.8% |
| 29 | Stephen Mandel q9 · Lone Pine Capital | DASH DOORDASH INC | Q4 2025 | 0 | 4.2% |
| 30 | David Rolfe q9 · Wedgewood Partners | ZTS ZOETIS INC | Q2 2025 | 0 | 3.8% |
| 31 | Stephen Mandel q9 · Lone Pine Capital | FLUT FLUTTER ENTMT PLC | Q4 2024 | 0 | 3.7% |
| 32 | Terry Smith q9 · Fundsmith | GEV GE VERNOVA INC | Q2 2026 | 0 | 3.5% |
| 33 | David Rolfe q9 · Wedgewood Partners | PGR PROGRESSIVE CORP | Q1 2026 | 0 | 3.5% |
| 34 | Stanley Druckenmiller q9 · Duquesne Family Office | ENTG Entegris Inc | Q2 2025 | 0 | 3.3% |
| 35 | Stanley Druckenmiller q9 · Duquesne Family Office | ARM ARM | Q3 2025 | 0 | 3.2% |
| 36 | François Rochon q9 · Giverny Capital | ADP AUTOMATIC DATA PROC INC | Q1 2026 | 0 | 3.1% |
| 37 | Stephen Mandel q9 · Lone Pine Capital | EQT EQT CORP | Q2 2025 | 0 | 3.1% |
| 38 | Seth Klarman q9 · Baupost Group | ELV ELEVANCE HEALTH INC | Q1 2025 | 0 | 3.1% |
| 39 | Stephen Mandel q9 · Lone Pine Capital | CRS CARPENTER TECHNOLOGY CORP | Q4 2025 | 0 | 3.0% |
| 40 | Stephen Mandel q9 · Lone Pine Capital | NU NU HLDGS LTD | Q3 2025 | 0 | 3.0% |
| 41 | Stanley Druckenmiller q9 · Duquesne Family Office | DAL Delta Air Lines Inc Del | Q4 2024 | 0 | 2.9% |
| 42 | Stanley Druckenmiller q9 · Duquesne Family Office | PLTR PLTR | Q3 2025 | 0 | 2.8% |
| 43 | Stanley Druckenmiller q9 · Duquesne Family Office | FOX Fox Corp | Q2 2026 | 0 | 2.8% |
| 44 | David Tepper q9 · Appaloosa Management | INTC INTEL CORP | Q2 2025 | 0 | 2.8% |
| 45 | Stanley Druckenmiller q9 · Duquesne Family Office | CDW Cdw Corp | Q2 2026 | 0 | 2.7% |
| 46 | Stephen Mandel q9 · Lone Pine Capital | MCK MCKESSON CORP | Q1 2026 | 0 | 2.7% |
| 47 | Terry Smith q9 · Fundsmith | APP APPLOVIN CORP | Q2 2026 | 0 | 2.6% |
| 48 | Stephen Mandel q9 · Lone Pine Capital | THC TENET HEALTHCARE CORP | Q4 2025 | 0 | 2.6% |
| 49 | Seth Klarman q9 · Baupost Group | CRM CME GROUP INC | Q2 2026 | 0 | 2.5% |
| 50 | Chuck Akre q9 · Akre Capital Management | CRM SALESFORCE INC | Q1 2026 | 0 | 2.5% |
| 51 | Stephen Mandel q9 · Lone Pine Capital | CIENA CIENA CORP | Q1 2026 | 0 | 2.5% |
| 52 | Seth Klarman q9 · Baupost Group | CRH CRH PLC | Q4 2025 | 0 | 2.5% |
| 53 | Stephen Mandel q9 · Lone Pine Capital | BKNG BOOKING HOLDINGS INC | Q2 2025 | 0 | 2.5% |
| 54 | Stephen Mandel q9 · Lone Pine Capital | SEA SEA LTD | Q3 2025 | 0 | 2.4% |
| 55 | Seth Klarman q9 · Baupost Group | HLF HERBALIFE LTD | Q4 2025 | 0 | 2.3% |
| 56 | Howard Marks q9 · Oaktree Capital | ORCL ORACLE CORP | Q3 2025 | 0 | 2.2% |
| 57 | Howard Marks q9 · Oaktree Capital | TDS TELEPHONE AND DATA SYSTEMS INC | Q3 2025 | 0 | 2.2% |
| 58 | Seth Klarman q9 · Baupost Group | MOH MOLINA HEALTHCARE INC | Q4 2025 | 0 | 2.1% |
| 59 | David Tepper q9 · Appaloosa Management | AMD ADVANCED MICRO DEVICES INC | Q3 2025 | 0 | 2.1% |
| 60 | Stephen Mandel q9 · Lone Pine Capital | CIENA CIENA CORP | Q3 2025 | 0 | 2.1% |
| 61 | Howard Marks q9 · Oaktree Capital | PBR PETROLEO BRASILEIRO SA - PETROBRAS | Q1 2026 | 0 | 2.0% |
| 62 | Seth Klarman q9 · Baupost Group | ICON ICON PLC | Q1 2025 | 0 | 2.0% |
| 63 | Stephen Mandel q9 · Lone Pine Capital | ENTG ENTEGRIS INC | Q4 2025 | 0 | 1.9% |
| 64 | Stephen Mandel q9 · Lone Pine Capital | EQIX ETSY INC | Q3 2025 | 0 | 1.9% |
| 65 | Stanley Druckenmiller q9 · Duquesne Family Office | SLM Slm Corp | Q4 2024 | 0 | 1.9% |
| 66 | Stanley Druckenmiller q9 · Duquesne Family Office | IVV Ishares Tr | Q2 2025 | 0 | 1.8% |
| 67 | Stephen Mandel q9 · Lone Pine Capital | ARGAN ARGAN INC | Q1 2026 | 0 | 1.7% |
| 68 | Stanley Druckenmiller q9 · Duquesne Family Office | CCCS Ccc Intelligent Solutions Hl | Q1 2025 | 0 | 1.7% |
| 69 | Stanley Druckenmiller q9 · Duquesne Family Office | ALCOA Alcoa Corp | Q4 2025 | 0 | 1.6% |
| 70 | Stanley Druckenmiller q9 · Duquesne Family Office | ENTG Entegris Inc | Q4 2025 | 0 | 1.6% |
| 71 | Stanley Druckenmiller q9 · Duquesne Family Office | EQT Eqt Corp | Q1 2025 | 0 | 1.5% |
| 72 | Stanley Druckenmiller q9 · Duquesne Family Office | SPG Spdr S&P 500 Etf Tr | Q2 2025 | 0 | 1.4% |
| 73 | Stanley Druckenmiller q9 · Duquesne Family Office | CRH Crh Plc | Q3 2025 | 0 | 1.2% |
| 74 | Stanley Druckenmiller q9 · Duquesne Family Office | GEV Ge Vernova Inc | Q3 2025 | 0 | 1.2% |
| 75 | Seth Klarman q9 · Baupost Group | AMCOR AMCOR PLC | Q2 2025 | 0 | 1.2% |
| 76 | Stanley Druckenmiller q9 · Duquesne Family Office | NU Nu Hldgs Ltd | Q2 2025 | 0 | 1.2% |
| 77 | Stanley Druckenmiller q9 · Duquesne Family Office | SEA Sea Ltd | Q2 2025 | 0 | 1.2% |
| 78 | François Rochon q9 · Giverny Capital | NYT NEW YORK TIMES CO-A- | Q2 2026 | 0 | 1.1% |
| 79 | Stanley Druckenmiller q9 · Duquesne Family Office | DAL Delta Air Lines Inc | Q2 2026 | 0 | 1.1% |
| 80 | David Rolfe q9 · Wedgewood Partners | IVV ISHARES TR | Q4 2025 | 0 | 1.1% |
| 81 | Howard Marks q9 · Oaktree Capital | NU NU HOLDINGS LTD/CAYMAN ISLANDS | Q3 2025 | 0 | 1.1% |
| 82 | Stanley Druckenmiller q9 · Duquesne Family Office | U Unity Software Inc | Q2 2025 | 0 | 1.1% |
| 83 | Stanley Druckenmiller q9 · Duquesne Family Office | ROKU Roku Inc | Q1 2025 | 0 | 1.1% |
| 84 | Stanley Druckenmiller q9 · Duquesne Family Office | FLUOR Fluor Corp | Q2 2026 | 0 | 1.0% |
| 85 | Stanley Druckenmiller q9 · Duquesne Family Office | DAL Delta Air Lines Inc Del | Q4 2025 | 0 | 1.0% |
| 86 | Dev Kantesaria q9 · Valley Forge Capital | EFX EQUIFAX INC | Q4 2024 | 0 | 1.0% |
| 87 | Stanley Druckenmiller q9 · Duquesne Family Office | DHI D R Horton Inc | Q2 2026 | 0 | 0.9% |
| 88 | David Tepper q9 · Appaloosa Management | BALL BALL CORP | Q4 2025 | 0 | 0.9% |
| 89 | Howard Marks q9 · Oaktree Capital | IVV ISHARES RUSSELL 2000 ETF | Q2 2025 | 0 | 0.9% |
| 90 | Stanley Druckenmiller q9 · Duquesne Family Office | CRS Carpenter Technology Corp | Q2 2025 | 0 | 0.9% |
| 91 | Howard Marks q9 · Oaktree Capital | GRAB GRAB HOLDINGS LTD | Q1 2025 | 0 | 0.9% |
| 92 | Howard Marks q9 · Oaktree Capital | VSAT VIASAT INC | Q2 2026 | 0 | 0.8% |
| 93 | Stanley Druckenmiller q9 · Duquesne Family Office | AMD Advanced Micro Devices Inc | Q2 2026 | 0 | 0.8% |
| 94 | Seth Klarman q9 · Baupost Group | DNOW DNOW INC | Q1 2026 | 0 | 0.8% |
| 95 | Stanley Druckenmiller q9 · Duquesne Family Office | CLF Cleveland-Cliffs Inc New | Q3 2025 | 0 | 0.8% |
| 96 | Terry Smith q9 · Fundsmith | YUM YUM BRANDS INC | Q2 2026 | 0 | 0.7% |
| 97 | Howard Marks q9 · Oaktree Capital | Q2 Q2 HOLDINGS INC | Q1 2026 | 0 | 0.7% |
| 98 | Howard Marks q9 · Oaktree Capital | YPF YPF SA | Q1 2026 | 0 | 0.7% |
| 99 | Stanley Druckenmiller q9 · Duquesne Family Office | LSXMA Liberty Media Corp Del | Q3 2025 | 0 | 0.7% |
| 100 | David Tepper q9 · Appaloosa Management | IQV IQVIA HLDGS INC | Q2 2025 | 0 | 0.7% |
How fresh conviction is detected
Rarity filter on top-holdings index
- 1. Action filter. Only new actions count — adds to existing positions live on /biggest-buys.
- 2. Rarity filter. The ticker must currently be held as a top holding by two or fewer managers across the entire HoldLens fleet. Above that threshold, the name has already joined a crowd.
- 3. Ranking. Loneliness (3 − current owner count) descending, tiebroken by manager quality, then book impact.
This page is deliberately the opposite of /consensus and /crowded-trades. Consensus measures agreement. Fresh conviction measures isolation — the rarest, highest-signal bets in the archive.
Not investment advice. Rarity computed against current top-holdings index. Methodology.