Barrier Capital Management, LLC

RIA/Wealth

Barrier Capital Management, LLC is a RIA/Wealth based in San Francisco, CA led by Christopher Bennett Kanand, managing $135.1M across 12 long positions as of Q3 2025 with 57% Technology concentration, 99% concentrated in top 10 holdings, 21% allocation to QXO, and 57% technology allocation.

Managing PartnerChristopher Bennett Kanand

Portfolio Value: $135.1M
Positions: 12
Top Holding: QXO at 20.79%
Last Reported: Q3 2025

Address595 Pacific Avenue, 4th Floor, San Francisco, CA, 94133, United States

Top Holdings

Largest long holdings in Barrier Capital Management, LLC's portfolio (99.1% of total portfolio)

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GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 QXO, Inc. QXO	Software - Application Technology	$28.1M	20.79%	+$3.5M Bought	0.22% 1.5M shares	Q3 2024 Held for 1y 2m
2 Microsoft MSFT	Software - Infrastructure Technology	$23.3M	17.28%	+$2.9M Bought	0.00% 45.1K shares	Q2 2025 Held for 5 months
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$15.7M	11.62%	+$2.1M Bought	0.00% 21.4K shares	Q4 2022 Held for 2y 11m
4 Visa V	Financial - Credit Services Financial Services	$14.8M	10.99%	+$600.5K Bought	0.00% 43.5K shares	Q3 2023 Held for 2y 2m
5 DoorDash DASH	Internet Content & Information Communication Services	$12.0M	8.89%	+$1.3M Bought	0.01% 44.2K shares	Q1 2024 Held for 1y 8m
6 Nvidia NVDA	Semiconductors Technology	$10.7M	7.93%	-$1.9M Sold	0.00% 57.4K shares	Q2 2025 Held for 5 months
7 Zillow Group, Inc. ZG	Internet Content & Information Communication Services	$10.2M	7.58%	+$1.0M Bought	0.06% 137.5K shares	Q3 2024 Held for 1y 2m
8 Wix.com WIX	Software - Infrastructure Technology	$8.0M	5.94%	+$8.0M New	0.08% 45.2K shares	Q3 2025 Held for 2 months
9 Netflix NFLX	Entertainment Communication Services	$6.0M	4.42%	+$942.4K Bought	0.00% 5.0K shares	Q4 2022 Held for 2y 11m
10 Roblox RBLX	Electronic Gaming & Multimedia Technology	$5.0M	3.67%	+$2.3M Bought	0.01% 35.8K shares	Q2 2025 Held for 5 months

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GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Barrier Capital Management, LLC's latest filing

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GthenC

Market Value

$135.1M

Prior: $146.5M

Q/Q Change

-7.79%

-$11.4M

Net Flows % of MV

-7.9%

Turnover Ratio

17.29%

New Purchases

2 stocks

$9.1M

Added To

8 stocks

+$14.8M

Sold Out Of

4 stocks

$20.8M

Reduced Holdings

2 stocks

-$13.8M

Increased Positions

Position	Shares Δ	Change
1 Wix.com WIX	New	0 → 45.2K +$8.0M
2 AppFolio APPF	New	0 → 3.9K +$1.1M
3 Roblox RBLX	+89.51%	18.9K → 35.8K +$2.3M
4 Netflix NFLX	+18.75%	4.2K → 5.0K +$942.4K
5 Meta Platforms, Inc. META	+15.63%	18.5K → 21.4K +$2.1M

Decreased Positions

Position	Shares Δ	Change
1 Spotify Technology SPOT	Sold	9.9K → 0 −$7.6M
2 Celestica CLS	Sold	37.1K → 0 −$5.8M
3 Planet Fitness PLNT	Sold	42.1K → 0 −$4.6M
4 Reddit RDDT	Sold	18.6K → 0 −$2.8M
5 ServiceNow NOW	-98.94%	13.1K → 139.0 −$11.9M