Keyframe Capital Partners, L.P. — 13F Holdings & Portfolio
CIK 1830175 · latest 13F-HR filed 2026-08-14
Keyframe Capital Partners, L.P. manages $202.5K in 13F-reported U.S. long-equity assets across 1 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are STEM (100.00%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions and exited 0; 0 existing positions rose in reported value and 1 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-08-14
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 100%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 31, 2026.
35TH FLOOR
NEW YORK, NY 10022-3219
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| KEYFRAME CAPITAL PARTNERS GP, L.L.C. Control | GENERAL PARTNER since Aug 2019 | Less than 5% | Domestic Entity |
| PULICK, JENNIFER, MARIE Control | CHIEF COMPLIANCE OFFICER since Aug 2022 | Less than 5% | Individual |
| RAPAPORT, JOHN, ROSS Control | CHIEF INVESTMENT OFFICER AND LIMITED PARTNER since Aug 2019 | Less than 5% | Individual |
| RAPAPORT, JOHN, ROSS Control Indirect owner via KEYFRAME CAPITAL PARTNERS GP, L.L.C. | MEMBER since Aug 2019 | 75% or more | Individual |
Ownership & leadership changes · 5 filings with changes since Sep 18, 2019
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- No longer listedKEYFRAME AVE L.P. · LIMITED PARTNER · 75% or more · control person · listed since Oct 2021
- No longer listedKEYFRAME CAPITAL PARTNERS GP, L.L.C. · GENERAL PARTNER · General partner, trustee or manager · indirect via KEYFRAME AVE L.P. · control person · listed since Oct 2021
- No longer listedRAPAPORT, JOHN, ROSS · LIMITED PARTNER · 75% or more · indirect via KEYFRAME AVE L.P. · control person · listed since Oct 2021
- ChangedRAPAPORT, JOHN, ROSS · title CHIEF INVESTMENT OFFICER → CHIEF INVESTMENT OFFICER AND LIMITED PARTNER
- No longer listedTAVAKOLIAN, HOOMAN, DAVID · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Sep 2019
- AddedPULICK, JENNIFER, MARIE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- AddedKEYFRAME AVE L.P. · LIMITED PARTNER · 75% or more · control person
- AddedKEYFRAME CAPITAL PARTNERS GP, L.L.C. · GENERAL PARTNER · General partner, trustee or manager · indirect via KEYFRAME AVE L.P. · control person
- AddedRAPAPORT, JOHN, ROSS · LIMITED PARTNER · 75% or more · indirect via KEYFRAME AVE L.P. · control person
- ChangedRAPAPORT, JOHN, ROSS · title LIMITED PARTNER AND CHIEF INVESTMENT OFFICER → CHIEF INVESTMENT OFFICER; ownership 75% or more → Less than 5%
- ChangedRAPAPORT, JOHN, ROSS · title LIMITED PARTNER → LIMITED PARTNER AND CHIEF INVESTMENT OFFICER
- No longer listedRAPAPORT THESIS DRIVEN CAPITAL GP, L.L.C. · GENERAL PARTNER · Less than 5% · control person · listed since Aug 2019
- No longer listedRAPAPORT, JOHN, ROSS · MEMBER · 75% or more · indirect via RAPAPORT THESIS DRIVEN CAPITAL GP, L.L.C. · control person · listed since Aug 2019
- AddedKEYFRAME CAPITAL PARTNERS GP, L.L.C. · GENERAL PARTNER · Less than 5% · control person
- AddedRAPAPORT, JOHN, ROSS · MEMBER · 75% or more · indirect via KEYFRAME CAPITAL PARTNERS GP, L.L.C. · control person
- ListedRAPAPORT THESIS DRIVEN CAPITAL GP, L.L.C. · GENERAL PARTNER · Less than 5% · control person
- ListedRAPAPORT, JOHN, ROSS · LIMITED PARTNER · 75% or more · control person
- ListedRAPAPORT, JOHN, ROSS · MEMBER · 75% or more · indirect via RAPAPORT THESIS DRIVEN CAPITAL GP, L.L.C. · control person
- ListedTAVAKOLIAN, HOOMAN, DAVID · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Keyframe Capital Partners, L.P. Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | STEM INC | STEM | 85859N300 | $202.5K | 100.00% | 25,924 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $202.5K | 1 | 0001172661-26-003764 |
| 2026-03-31 | 2026-05-28 | $229.2K | 1 | 0001172661-26-002444 |
| 2025-12-31 | 2026-02-17 | $21.8M | 2 | 0001172661-26-001172 |
| 2025-09-30 | 2025-11-14 | $40.8M | 3 | 0001172661-25-005083 |
35TH FLOOR
NEW YORK, NY 10022