59 North Capital Management, LP 13F: Quarter-over-Quarter Portfolio Changes
59 North Capital Management, LP reported a disclosed portfolio value of approximately $4.5 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 34.0% quarter on quarter. Over the quarter, the fund initiated 6 new positions, bought more shares in 9 holdings, trimmed 4 holdings, and exited 4 positions.
59 North Capital Management, LP's top buy was a new stake in Vulcan Matls CO (VMC) , equal to 4.2% of the disclosed portfolio. Its top sell was Constellation Energy (CEG) . The fund exited the position completely after it had accounted for 6.8% of the previous portfolio.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| VULCAN MATLS CO | VMC | 4.2% | Holders → |
| CAPITAL ONE FINL CORP | COF | 3.7% | Holders → |
| MARTIN MARIETTA MATLS INC | MLM | 2.7% | Holders → |
| FLOWSERVE CORP | FLS | 2.6% | Holders → |
| SUNBELT RENTALS HOLDINGS INC | SUNB | 2.0% | Holders → |
| FLUOR CORP | FLR | 1.5% | Holders → |
Top BuysQ2 2026
The fund's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| LOEWS CORP | L | +2.7% | +260.2% | Holders → |
| GENUINE PARTS CO | GPC | +2.8% | +150.3% | History → |
| DISNEY WALT CO | DIS | +5.1% | +144.3% | History → |
| SITEONE LANDSCAPE SUPPLY INC | SITE | +1.1% | +96.0% | History → |
| LOUISIANA PAC CORP | LPX | +0.3% | +29.0% | History → |
| FERGUSON ENTERPRISES INC | FERG | +-1.5% | +12.3% | History → |
| CARNIVAL CORP LTD | CCL | +-0.6% | +11.2% | History → |
| NEWS CORP NEW | NWSA | +-1.9% | +6.3% | History → |
| CHEVRON CORPORATION | CVX | +-2.5% | +2.1% | Holders → |
Top SellsQ2 2026
The fund's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| NEWS CORP NEW | NWS | -0.6% | 24.9% | Holders → |
| DT MIDSTREAM INC | DTM | -4.1% | 24.7% | History → |
| AERCAP HOLDINGS NV | AER | -3.7% | 10.5% | History → |
| KINDER MORGAN INC DEL | KMI | -3.2% | 1.6% | History → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| CONSTELLATION ENERGY | CEG | 6.8% |
| WEYERHAEUSER CO | WY | 2.7% |
| LAMAR ADVERTISING COMPANY CLASS A | LAMR | 0.7% |
| NATIONAL FUEL GAS COMPANY | NFG | 0.5% |
Net Portfolio Value ChangeQ2 2026
- $3.4BPrior quarter
- $4.5BCurrent quarter
- +$1.1BNet delta
- +34.0%% change
Methodology & FAQ
How 59 North Capital Management, LP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for 59 North Capital Management, LP: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did 59 North Capital Management, LP buy in Q2 2026?
In Q2 2026, 59 North Capital Management, LP initiated 6 new positions (VULCAN MATLS CO (VMC), CAPITAL ONE FINL CORP (COF), MARTIN MARIETTA MATLS INC (MLM), FLOWSERVE CORP (FLS), SUNBELT RENTALS HOLDINGS INC (SUNB), FLUOR CORP (FLR)); bought more shares of LOEWS CORP (L), GENUINE PARTS CO (GPC), DISNEY WALT CO (DIS), SITEONE LANDSCAPE SUPPLY INC (SITE), LOUISIANA PAC CORP (LPX) (the largest 5 of 9 adds).
What stocks did 59 North Capital Management, LP sell in Q2 2026?
In Q2 2026, 59 North Capital Management, LP fully sold 4 positions (CONSTELLATION ENERGY (CEG), WEYERHAEUSER CO (WY), LAMAR ADVERTISING COMPANY CLASS A (LAMR), NATIONAL FUEL GAS COMPANY (NFG)); reduced holdings in NEWS CORP NEW (NWS), DT MIDSTREAM INC (DTM), AERCAP HOLDINGS NV (AER), KINDER MORGAN INC DEL (KMI).
Which positions did 59 North Capital Management, LP initiate in Q2 2026?
59 North Capital Management, LP established 6 new positions in Q2 2026: VULCAN MATLS CO (VMC, 4.2%), CAPITAL ONE FINL CORP (COF, 3.7%), MARTIN MARIETTA MATLS INC (MLM, 2.7%), FLOWSERVE CORP (FLS, 2.6%), SUNBELT RENTALS HOLDINGS INC (SUNB, 2.0%), FLUOR CORP (FLR, 1.5%).
Which existing positions saw the largest allocation increases for 59 North Capital Management, LP in Q2 2026?
Of 9 existing positions with share-count increases in Q2 2026, the largest were: LOEWS CORP (L, +2.7% weight, +260.2% shares), GENUINE PARTS CO (GPC, +2.8% weight, +150.3% shares), DISNEY WALT CO (DIS, +5.1% weight, +144.3% shares), SITEONE LANDSCAPE SUPPLY INC (SITE, +1.1% weight, +96.0% shares), LOUISIANA PAC CORP (LPX, +0.3% weight, +29.0% shares), FERGUSON ENTERPRISES INC (FERG, +-1.5% weight, +12.3% shares), CARNIVAL CORP LTD (CCL, +-0.6% weight, +11.2% shares), NEWS CORP NEW (NWSA, +-1.9% weight, +6.3% shares), CHEVRON CORPORATION (CVX, +-2.5% weight, +2.1% shares).
Which positions did 59 North Capital Management, LP fully exit in Q2 2026?
59 North Capital Management, LP fully exited 4 positions in Q2 2026: CONSTELLATION ENERGY (CEG, last-reported weight 6.8%), WEYERHAEUSER CO (WY, last-reported weight 2.7%), LAMAR ADVERTISING COMPANY CLASS A (LAMR, last-reported weight 0.7%), NATIONAL FUEL GAS COMPANY (NFG, last-reported weight 0.5%).
Which existing positions saw the largest allocation reductions for 59 North Capital Management, LP in Q2 2026?
Of 4 existing positions with share-count reductions in Q2 2026, the largest were: NEWS CORP NEW (NWS, -0.6% weight, -24.9% shares), DT MIDSTREAM INC (DTM, -4.1% weight, -24.7% shares), AERCAP HOLDINGS NV (AER, -3.7% weight, -10.5% shares), KINDER MORGAN INC DEL (KMI, -3.2% weight, -1.6% 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. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.