Hill City Capital, LP: FIRST SOLAR INC (FSLR): Quarterly 13F Position History
As of Q1 2026, Hill City Capital, LP reported 2,177,540 shares of FIRST SOLAR INC (FSLR), worth $429.5M and representing 15.3% of its 13F equity book. Quarter-over-quarter share count change: + 87,150 (+4.2%) . The position first appeared in Q2 2023 and has been disclosed across 12 13F-HR filings in Pactolio's tracked window.
- 2,177,540Shares Held (Latest Filing)
- $429.5MReported Market Value (Latest Filing)
- 15.3%Portfolio Weight (% of 13F Equity Book)
- +87,150Quarter-over-Quarter Share Change
- -$116.5MQuarter-over-Quarter Value Change
- 2,177,540Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 12 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,177,540 | +87,150 | +4.2% | $429.5M | 15.3% | $197.3 |
| Q4 2025 | 2,090,390 | +390 | +0.0% | $546.1M | 20.6% | $261.2 |
| Q3 2025 | 2,090,000 | 60,000 | -2.8% | $460.9M | 19.5% | $220.5 |
| Q2 2025 | 2,150,000 | +795,000 | +58.7% | $355.9M | 19.2% | $165.5 |
| Q1 2025 | 1,355,000 | +505,000 | +59.4% | $171.3M | 12.8% | $126.4 |
| Q4 2024 | 850,000 | +390,000 | +84.8% | $149.8M | 9.6% | $176.2 |
| Q3 2024 | 460,000 | 0 | — | $114.7M | 7.6% | $249.4 |
| Q2 2024 | 460,000 | 0 | — | $103.7M | 7.5% | $225.5 |
| Q1 2024 | 460,000 | 0 | — | $77.6M | 5.7% | $168.8 |
| Q4 2023 | 460,000 | +230,000 | +100.0% | $79.2M | 7.0% | $172.3 |
| Q3 2023 | 230,000 | +10,000 | +4.5% | $37.2M | 5.0% | $161.6 |
| Q2 2023 | 220,000 | — | — | $41.8M | 6.4% | $190.1 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Hill City Capital, LP first disclose a FSLR position in 13F-HR filings?
Hill City Capital, LP first reported FIRST SOLAR INC (FSLR) on its 13F-HR filing for the period ending 2023-06-30 (Q2 2023). The position has appeared on 12 reported quarters within Pactolio's tracked window.
What was Hill City Capital, LP's most recent quarter-over-quarter share-count change in FSLR?
Between Q4 2025 and Q1 2026, Hill City Capital, LP added 87,150 shares of FSLR (+4.2%), bringing the total reported position to 2,177,540 shares at a market value of $429.5M.
Does the implied price-per-share represent Hill City Capital, LP's cost basis in FSLR?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.