Columbus Hill Capital Management, L.P. 13F: Quarter-over-Quarter Portfolio Changes
Columbus Hill Capital Management, L.P. reported a disclosed portfolio value of approximately $592.5 million in its latest SEC Form 13F-HR filing for Q1 2026, down 16.6% quarter on quarter. Over the quarter, the fund initiated 2 new positions, bought more shares in 3 holdings, trimmed 11 holdings, and exited 6 positions.
Columbus Hill Capital Management, L.P.'s top buy was Coupang INC (CPNG) . The fund bought 548.6% more shares, lifting the position's portfolio weight by 14.9 percentage points. Its top sell was Echostar CORP (ECHO 3.875 11/30/30) . The fund sold 63.8% of its previously reported shares, reducing the position's portfolio weight by 3.1 percentage points.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| UBER TECHNOLOGIES INC | UBER | 0.2% | Holders → |
| EQUIPMENTSHARE COM INC | EQPT | 0.0% | Holders → |
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| COUPANG INC | CPNG | +14.9% | +548.6% | History → |
| ADVANCED MICRO DEVICES INC | AMD | +2.4% | +42.8% | History → |
| VISA | V | +0.7% | +39.0% | Holders → |
Top SellsQ1 2026
Showing the top 10 sells among 11 existing positions where the fund sold shares in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| ECHOSTAR CORP | ECHO 3.875 11/30/30 | -3.1% | 63.8% | — |
| VISTRA CORP | VST | -2.0% | 46.4% | Holders → |
| NVIDIA CORPORATION COM | NVDA | -1.6% | 40.9% | Holders → |
| ALPHABET CL A | GOOGL | -1.4% | 32.4% | History → |
| META PLATFORMS INC | META | -2.5% | 29.7% | History → |
| MICROSOFT | MSFT | -2.0% | 26.4% | History → |
| AMAZON.COM | AMZN | -0.9% | 14.3% | History → |
| TAIWAN SEMIC-ADR | TSM | 0.6% | 9.2% | Holders → |
| HUMANA INC | HUM | -0.9% | 7.8% | Holders → |
| ROYAL CARIBBEAN GROUP | RCL | 0.7% | 5.8% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| LATAM AIRLINES G | LTM | 2.5% |
| FRONTIER COMMUNICATIONS PARE | FYBR | 2.0% |
| SHOPIFY INC | SHOP | 1.0% |
| TEXAS INSTRUMENTS | TXN | 0.9% |
| FAIR ISAAC CORP | FICO | 0.7% |
| SERVICENOW | NOW | 0.4% |
Net Portfolio Value ChangeQ1 2026
- $0.7BPrior quarter
- $0.6BCurrent quarter
- $-0.1BNet delta
- -16.6%% change
Methodology & FAQ
How Columbus Hill Capital Management, L.P. Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Columbus Hill Capital Management, L.P.: 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 Columbus Hill Capital Management, L.P. buy in Q1 2026?
In Q1 2026, Columbus Hill Capital Management, L.P. initiated 2 new positions (UBER TECHNOLOGIES INC (UBER), EQUIPMENTSHARE COM INC (EQPT)); bought more shares of COUPANG INC (CPNG), ADVANCED MICRO DEVICES INC (AMD), VISA (V).
What stocks did Columbus Hill Capital Management, L.P. sell in Q1 2026?
In Q1 2026, Columbus Hill Capital Management, L.P. fully sold 6 positions (LATAM AIRLINES G (LTM), FRONTIER COMMUNICATIONS PARE (FYBR), SHOPIFY INC (SHOP), TEXAS INSTRUMENTS (TXN), FAIR ISAAC CORP (FICO), SERVICENOW (NOW)); reduced holdings in ECHOSTAR CORP (ECHO 3.875 11/30/30), VISTRA CORP (VST), NVIDIA CORPORATION COM (NVDA), ALPHABET CL A (GOOGL), META PLATFORMS INC (META) — the largest 5 of 11 reductions.
Which positions did Columbus Hill Capital Management, L.P. initiate in Q1 2026?
Columbus Hill Capital Management, L.P. established 2 new positions in Q1 2026: UBER TECHNOLOGIES INC (UBER, 0.2%), EQUIPMENTSHARE COM INC (EQPT, 0.0%).
Which existing positions saw the largest allocation increases for Columbus Hill Capital Management, L.P. in Q1 2026?
Of 3 existing positions with share-count increases in Q1 2026, the largest were: COUPANG INC (CPNG, +14.9% weight, +548.6% shares), ADVANCED MICRO DEVICES INC (AMD, +2.4% weight, +42.8% shares), VISA (V, +0.7% weight, +39.0% shares).
Which positions did Columbus Hill Capital Management, L.P. fully exit in Q1 2026?
Columbus Hill Capital Management, L.P. fully exited 6 positions in Q1 2026: LATAM AIRLINES G (LTM, last-reported weight 2.5%), FRONTIER COMMUNICATIONS PARE (FYBR, last-reported weight 2.0%), SHOPIFY INC (SHOP, last-reported weight 1.0%), TEXAS INSTRUMENTS (TXN, last-reported weight 0.9%), FAIR ISAAC CORP (FICO, last-reported weight 0.7%), SERVICENOW (NOW, last-reported weight 0.4%).
Which existing positions saw the largest allocation reductions for Columbus Hill Capital Management, L.P. in Q1 2026?
Of 11 existing positions with share-count reductions in Q1 2026, the largest were: ECHOSTAR CORP (ECHO 3.875 11/30/30, -3.1% weight, -63.8% shares), VISTRA CORP (VST, -2.0% weight, -46.4% shares), NVIDIA CORPORATION COM (NVDA, -1.6% weight, -40.9% shares), ALPHABET CL A (GOOGL, -1.4% weight, -32.4% shares), META PLATFORMS INC (META, -2.5% weight, -29.7% shares), MICROSOFT (MSFT, -2.0% weight, -26.4% shares), AMAZON.COM (AMZN, -0.9% weight, -14.3% shares), TAIWAN SEMIC-ADR (TSM, 0.6% weight, -9.2% shares), HUMANA INC (HUM, -0.9% weight, -7.8% shares), ROYAL CARIBBEAN GROUP (RCL, 0.7% weight, -5.8% 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.