Alua Capital Management LP — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, Alua Capital Management LP initiated 5 new positions, increased allocation to 2 existing positions, trimmed 4 positions, and exited 8 positions entirely. The fund's 13F equity book declined from $1.35B to $0.92B (-32.2% 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
- $1.35BPrior quarter
- $0.92BCurrent quarter
- $-0.43BNet delta
- -32.2%% 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 |
|---|---|---|---|
| ACUITY INC | AYI | 6.93% | History → |
| ROKU INC | ROKU | 4.90% | History → |
| NVENT ELEC PLC | NVT | 2.99% | Holders → |
| ONTO INNOVATION INC | ONTO | 2.95% | Holders → |
| FLOOR & DECOR HLDGS INC | FND | 2.45% | 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 |
|---|---|---|---|---|
| AUTOZONE, INC. | AZO | +5.03% | +18.48% | History → |
| AMAZON COM INC | AMZN | +5.52% | +16.23% | 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 |
|---|---|---|---|---|
| CHURCHILL DOWNS INC | CHDN | -0.73% | -24.55% | History → |
| CAPITAL ONE FINL CORP | COF | -1.44% | -20.59% | History → |
| VALVOLINE INC | VVV | 3.91% | -15.61% | History → |
| BURLINGTON STORES INC | BURL | 1.91% | -15.24% | 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 |
|---|---|---|
| SHARKNINJA INC | SN | 9.77% |
| FLUTTER ENTMT PLC | FLUT | 6.37% |
| PROCORE TECHNOLOGIES INC | PCOR | 4.82% |
| MICROSOFT CORP | MSFT | 4.77% |
| LIBERTY MEDIA CORP DEL | FWONK | 4.35% |
| CARNIVAL CORP | CCL | 3.94% |
| LOUISIANA PAC CORP | LPX | 3.42% |
| WOLFSPEED INC | WOLF | 0.83% |
Methodology & FAQ
How Alua Capital Management LP Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for Alua Capital Management 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 Alua Capital Management LP initiate in Q1 2026?
Alua Capital Management LP established 5 new positions in Q1 2026: ACUITY INC (AYI, 6.93%), ROKU INC (ROKU, 4.90%), NVENT ELEC PLC (NVT, 2.99%), ONTO INNOVATION INC (ONTO, 2.95%), FLOOR & DECOR HLDGS INC (FND, 2.45%).
Which existing positions saw the largest allocation increases for Alua Capital Management LP in Q1 2026?
The largest portfolio-weight increases in existing positions were: AUTOZONE, INC. (AZO, +5.03% weight, +18.48% shares), AMAZON COM INC (AMZN, +5.52% weight, +16.23% shares).
Which positions did Alua Capital Management LP fully exit in Q1 2026?
Alua Capital Management LP fully exited 8 positions in Q1 2026: SHARKNINJA INC (SN, last-reported weight 9.77%), FLUTTER ENTMT PLC (FLUT, last-reported weight 6.37%), PROCORE TECHNOLOGIES INC (PCOR, last-reported weight 4.82%), MICROSOFT CORP (MSFT, last-reported weight 4.77%), LIBERTY MEDIA CORP DEL (FWONK, last-reported weight 4.35%), CARNIVAL CORP (CCL, last-reported weight 3.94%), LOUISIANA PAC CORP (LPX, last-reported weight 3.42%), WOLFSPEED INC (WOLF, last-reported weight 0.83%).
Which existing positions saw the largest allocation reductions for Alua Capital Management LP in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: CHURCHILL DOWNS INC (CHDN, -0.73% weight, -24.55% shares), CAPITAL ONE FINL CORP (COF, -1.44% weight, -20.59% shares), VALVOLINE INC (VVV, 3.91% weight, -15.61% shares), BURLINGTON STORES INC (BURL, 1.91% weight, -15.24% 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.