140 Summer Partners LP — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, 140 Summer Partners LP initiated 7 new positions, increased allocation to 7 existing positions, trimmed 5 positions, and exited 6 positions entirely. The fund's 13F equity book declined from $1.28B to $1.13B (-11.6% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $1.28BPrior quarter
- $1.13BCurrent quarter
- $-0.15BNet delta
- -11.6%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| PG&E CORP | PCG | 7.65% | History → |
| KODIAK GAS SERVICES INC | KGS | 6.67% | History → |
| HUNTINGTON BANCSHARES INC | HBAN | 4.55% | Holders → |
| VIASAT INC | VSAT | 3.67% | Holders → |
| BROOKDALE SR LIVING INC | BKD | 3.47% | Holders → |
| BANK HAWAII CORP | BOH | 2.64% | Holders → |
| BITDEER TECHNOLOGIES GROUP | BTDR | 0.59% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| VISTRA CORP. | VST | +2.05% | +39.68% | History → |
| VIKING HOLDINGS LTD | VIK | +2.20% | +21.96% | History → |
| SOMNIGROUP INTERNATIONAL INC | SGI | +0.11% | +9.27% | Holders → |
| JBT MAREL CORPORATION | JBTM | +0.00% | +4.24% | Holders → |
| GAMING & LEISURE P | GLPI | +0.96% | +2.49% | History → |
| TELEPHONE & DATA SYS INC | TDS | +0.76% | +1.63% | Holders → |
| T-MOBILE US INC | TMUS | +1.14% | +1.60% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| ECHOSTAR CORP | SATS | -2.30% | -42.16% | History → |
| CAPITAL ONE FINL CORP | COF | -5.25% | -35.84% | History → |
| OPTIMUM COMMUNICATIONS INC | OPTU | -0.11% | -19.70% | Holders → |
| MASTEC INC | MTZ | 3.00% | -12.03% | History → |
| AERCAP HOLDINGS NV | AER | -0.22% | -10.50% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| PENNYMAC FINL SVCS INC NEW | PFSI | 6.90% |
| WEBSTER FINL CORP | WBS | 6.69% |
| ACUITY INC | AYI | 6.35% |
| CRH PLC (CRH) | CRH | 5.40% |
| PENTAIR PLC | PNR | 4.94% |
| CLEAR CHANNEL OUTDOOR HLDGS | CCO | 0.69% |
Methodology & FAQ
How 140 Summer Partners LP Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for 140 Summer Partners LP against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did 140 Summer Partners LP initiate in Q1 2026?
140 Summer Partners LP established 7 new positions in Q1 2026: PG&E CORP (PCG, 7.65%), KODIAK GAS SERVICES INC (KGS, 6.67%), HUNTINGTON BANCSHARES INC (HBAN, 4.55%), VIASAT INC (VSAT, 3.67%), BROOKDALE SR LIVING INC (BKD, 3.47%), BANK HAWAII CORP (BOH, 2.64%), BITDEER TECHNOLOGIES GROUP (BTDR, 0.59%).
Which existing positions saw the largest allocation increases for 140 Summer Partners LP in Q1 2026?
The largest portfolio-weight increases in existing positions were: VISTRA CORP. (VST, +2.05% weight, +39.68% shares), VIKING HOLDINGS LTD (VIK, +2.20% weight, +21.96% shares), SOMNIGROUP INTERNATIONAL INC (SGI, +0.11% weight, +9.27% shares), JBT MAREL CORPORATION (JBTM, +0.00% weight, +4.24% shares), GAMING & LEISURE P (GLPI, +0.96% weight, +2.49% shares), TELEPHONE & DATA SYS INC (TDS, +0.76% weight, +1.63% shares), T-MOBILE US INC (TMUS, +1.14% weight, +1.60% shares).
Which positions did 140 Summer Partners LP fully exit in Q1 2026?
140 Summer Partners LP fully exited 6 positions in Q1 2026: PENNYMAC FINL SVCS INC NEW (PFSI, last-reported weight 6.90%), WEBSTER FINL CORP (WBS, last-reported weight 6.69%), ACUITY INC (AYI, last-reported weight 6.35%), CRH PLC (CRH) (CRH, last-reported weight 5.40%), PENTAIR PLC (PNR, last-reported weight 4.94%), CLEAR CHANNEL OUTDOOR HLDGS (CCO, last-reported weight 0.69%).
Which existing positions saw the largest allocation reductions for 140 Summer Partners LP in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: ECHOSTAR CORP (SATS, -2.30% weight, -42.16% shares), CAPITAL ONE FINL CORP (COF, -5.25% weight, -35.84% shares), OPTIMUM COMMUNICATIONS INC (OPTU, -0.11% weight, -19.70% shares), MASTEC INC (MTZ, 3.00% weight, -12.03% shares), AERCAP HOLDINGS NV (AER, -0.22% weight, -10.50% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.