RiverPark Funds
RiverPark Large Growth Fund
US Mega-cap Growth
Jun 2025 → Mar 2026
Our archive holds 4 letters from this strategy, behind 10 investment theses and positions in 22 companies. Every quote below is copied verbatim from the letter it came from.
4 letters in 2 years · follow all of RiverPark Funds for every strategy.
Performance
as of Mar 31, 2026 · net of fees · USD · Institutional Class (RPXIX)
- 1Y+9.4%index +18.8%
- 3Y · /yr+17.4%index +21.2%
- 5Y · /yr+1.4%index +12.8%
- 10Y · /yr+11.6%index +16.8%
- Inception · /yr+11.7%index +16.1%
Index: Russell 1000 Growth Total Return Index
| 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|
| RiverPark Large Growth Fund | +9.4% | +17.4% | +1.4% | +11.6% | +11.7% |
| Russell 1000 Growth Total Return Index | +18.8% | +21.2% | +12.8% | +16.8% | +16.1% |
Disclaimer
These figures are copied from the manager’s latest letter, as of Mar 31, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
Given the severity and uncertainty of the near-term headwinds and the seeming lack of uptake on the company’s multiple growth initiatives, we exited our position in Pinterest during the quarter.
Also held
- Netflix, Inc.
- Shopify Inc.
- Applied Materials, Inc.
- Amazon.com, Inc.
- Lockheed Martin Corporation
- KKR & Co. Inc.
- Costco Wholesale Corporation
- Adobe Inc.
- Taiwan Semiconductor Manufacturing Company Limited
- Alphabet Inc.
- Eli Lilly and Company
- Autodesk, Inc.
- ServiceNow, Inc.
- Microsoft Corp.
- Datadog, Inc.
- Meta Platforms, Inc.
- Microsoft Corporation
- Intuit Inc.
Its investment theses
- KKR & Co Inc.Mar 2026KKR is portrayed as a differentiated alternative asset compounder with a diversified platform, record fundraising, and strong earnings trajectory.
- Applied Materials, Inc.Mar 2026Applied Materials is positioned as a structurally advantaged semiconductor equipment company benefiting from AI-driven demand and strong cash generation.
- Eli Lilly and CompanyMar 2026Eli Lilly is viewed as a premier healthcare growth franchise with leadership in obesity and diabetes and strong multi-year revenue growth.
- Netflix, Inc.Mar 2026Netflix is portrayed as the dominant global streaming platform with durable competitive advantages, pricing power, and long-term earnings compounding.
- Costco Wholesale Corp.Mar 2026Costco Wholesale is presented as a resilient membership-driven retailer with durable traffic, recurring revenue, and long-term compounding potential.
- Taiwan Semiconductor ManufacturingMar 2026Taiwan Semiconductor Manufacturing is viewed as the key advanced foundry benefiting from secular AI compute growth, pricing power, and margin expansion.
- Lockheed MartinMar 2026Lockheed Martin is described as a high-quality defense franchise with durable earnings, strong cash generation, and long revenue visibility.
- Walt Disney CompanySep 2025Disney is a high-quality EPS compounder with strong growth potential from its DTC segment and successful Experiences business.
- Apple Inc.Jun 2025Apple is well-positioned for long-term growth due to its large installed base, strong cash flow, and a focused AI strategy emphasizing security and performance.
- UnitedHealth GroupJun 2025UnitedHealth is a robust healthcare franchise with a strong integrated model poised for long-term value creation despite short-term volatility.