LongTSLAAug 2026
Tesla, Inc.
Rowan Street's Tesla thesis is centered on the integrated system the company is building rather than on any single product. Record Q2 deliveries, a large order backlog…
Rowan Street Capital, LLC
Long-term concentrated ownership of exceptional businesses with durable competitive advantages, strong owner-operators and long reinvestment runways.5 published ideas
Rowan Street Capital is a long-term investment partnership that evaluates holdings as business owners rather than trading around short-term market narratives. The fund emphasizes durable competitive advantages, strong management and capital allocation, and the ability to reinvest at attractive rates over long periods.
Ideas from Rowan Street Capital, LLC
LongMETAAug 2026
Meta Platforms, Inc.
Meta continues to grow at an exceptional rate despite its enormous scale, with trailing twelve-month revenue above $228 billion and growth near 30%. Rowan Street sees measurable…
LongSHOPAug 2026
Shopify Inc.
Shopify's operating momentum remained strong, with revenue up 34%, GMV up 35%, B2B revenue up 80% and Shop Pay revenue up 59% in the reported quarter. Rowan Street believes AI…
LongCSUAug 2026
Constellation Software Inc.
Rowan Street initiated Constellation Software in the first quarter of 2026 after years of experience owning Topicus. The fund is attracted to a record of approximately 28% annual…
LongTOIAug 2026
Topicus.com Inc.
Topicus combines steady organic growth with a capital-allocation model focused on acquiring vertical-market software businesses. The fund highlights the roughly 25% stake in…
Letters covered
- Rowan Street Q2 2026 Letter - Business Owner's ReportAugust 1, 2026
Source PDFs are not republished here; only extracted ideas and quotes.