KENSICO CAPITAL MANAGEMENT CORP 13F: Quarter-over-Quarter Portfolio Changes
KENSICO CAPITAL MANAGEMENT CORP reported a disclosed portfolio value of approximately $4.9 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 16.8% quarter on quarter. Over the quarter, the fund initiated 5 new positions, bought more shares in 8 holdings, trimmed 5 holdings, and exited 7 positions.
KENSICO CAPITAL MANAGEMENT CORP's top buy was a new stake in Uber Technologies INC (UBER) , equal to 1.9% of the disclosed portfolio. Its top sell was Sea LTD (SE) . The fund sold 59.2% of its previously reported shares, reducing the position's portfolio weight by 2.8 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 | 1.9% | Holders → |
| BOOKING HLDGS INC | BKNG | 1.7% | Holders → |
| CORE SCIENTIFIC INC NEW | CORZ | 0.7% | Holders → |
| MORNINGSTAR INC | MORN | 0.5% | Holders → |
| INTEL CORP | INTC | 0.4% | 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 |
|---|---|---|---|---|
| S&P GLOBAL INC | SPGI | +0.6% | +140.0% | Holders → |
| TRADEWEB MKTS | TW | +1.1% | +38.4% | History → |
| FAIR ISAAC CORP | FICO | +-0.4% | +25.9% | History → |
| VISA | V | +1.2% | +22.6% | History → |
| MICROSOFT | MSFT | +0.3% | +19.1% | History → |
| ALPHABET CL A | GOOGL | +1.4% | +8.0% | History → |
| APPLOVIN CORP | APP | +-9.0% | +5.3% | History → |
| AMAZON.COM | AMZN | +0.5% | +4.3% | History → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| SEA LTD | SE | -2.8% | 59.2% | Holders → |
| HOWMET AEROSPACE | HWM | 5.6% | 3.4% | History → |
| HILTON WORLDWIDE HLDGS INC | HLT | 0.4% | 2.2% | Holders → |
| INTERCONTINENTAL EXCHANGE IN | ICE | 0.3% | 2.2% | History → |
| NET POWER INC | NPWR/WS | -0.0% | 2.1% | — |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| SPOTIFY TECHNOLOGY S A | SPOT | 1.4% |
| COSTAR GROUP INC | CSGP | 1.0% |
| RYAN SPECIALTY HOLDINGS | RYAN | 0.8% |
| RB GLOBAL INC | RBA | 0.8% |
| STRYKER CORPORATION | SYK | 0.7% |
| DOLLAR TREE INC | DLTR | 0.6% |
| BRUNSWICK CORP | BC | 0.2% |
Net Portfolio Value ChangeQ1 2026
- $5.9BPrior quarter
- $4.9BCurrent quarter
- $-1.0BNet delta
- -16.8%% change
Methodology & FAQ
How KENSICO CAPITAL MANAGEMENT CORP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for KENSICO CAPITAL MANAGEMENT CORP: 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 KENSICO CAPITAL MANAGEMENT CORP buy in Q1 2026?
In Q1 2026, KENSICO CAPITAL MANAGEMENT CORP initiated 5 new positions (UBER TECHNOLOGIES INC (UBER), BOOKING HLDGS INC (BKNG), CORE SCIENTIFIC INC NEW (CORZ), MORNINGSTAR INC (MORN), INTEL CORP (INTC)); bought more shares of S&P GLOBAL INC (SPGI), TRADEWEB MKTS (TW), FAIR ISAAC CORP (FICO), VISA (V), MICROSOFT (MSFT) — the largest 5 of 8 adds.
What stocks did KENSICO CAPITAL MANAGEMENT CORP sell in Q1 2026?
In Q1 2026, KENSICO CAPITAL MANAGEMENT CORP fully sold 7 positions (SPOTIFY TECHNOLOGY S A (SPOT), COSTAR GROUP INC (CSGP), RYAN SPECIALTY HOLDINGS (RYAN), RB GLOBAL INC (RBA), STRYKER CORPORATION (SYK), DOLLAR TREE INC (DLTR), BRUNSWICK CORP (BC)); reduced holdings in SEA LTD (SE), HOWMET AEROSPACE (HWM), HILTON WORLDWIDE HLDGS INC (HLT), INTERCONTINENTAL EXCHANGE IN (ICE), NET POWER INC (NPWR/WS).
Which positions did KENSICO CAPITAL MANAGEMENT CORP initiate in Q1 2026?
KENSICO CAPITAL MANAGEMENT CORP established 5 new positions in Q1 2026: UBER TECHNOLOGIES INC (UBER, 1.9%), BOOKING HLDGS INC (BKNG, 1.7%), CORE SCIENTIFIC INC NEW (CORZ, 0.7%), MORNINGSTAR INC (MORN, 0.5%), INTEL CORP (INTC, 0.4%).
Which existing positions saw the largest allocation increases for KENSICO CAPITAL MANAGEMENT CORP in Q1 2026?
Of 8 existing positions with share-count increases in Q1 2026, the largest were: S&P GLOBAL INC (SPGI, +0.6% weight, +140.0% shares), TRADEWEB MKTS (TW, +1.1% weight, +38.4% shares), FAIR ISAAC CORP (FICO, +-0.4% weight, +25.9% shares), VISA (V, +1.2% weight, +22.6% shares), MICROSOFT (MSFT, +0.3% weight, +19.1% shares), ALPHABET CL A (GOOGL, +1.4% weight, +8.0% shares), APPLOVIN CORP (APP, +-9.0% weight, +5.3% shares), AMAZON.COM (AMZN, +0.5% weight, +4.3% shares).
Which positions did KENSICO CAPITAL MANAGEMENT CORP fully exit in Q1 2026?
KENSICO CAPITAL MANAGEMENT CORP fully exited 7 positions in Q1 2026: SPOTIFY TECHNOLOGY S A (SPOT, last-reported weight 1.4%), COSTAR GROUP INC (CSGP, last-reported weight 1.0%), RYAN SPECIALTY HOLDINGS (RYAN, last-reported weight 0.8%), RB GLOBAL INC (RBA, last-reported weight 0.8%), STRYKER CORPORATION (SYK, last-reported weight 0.7%), DOLLAR TREE INC (DLTR, last-reported weight 0.6%), BRUNSWICK CORP (BC, last-reported weight 0.2%).
Which existing positions saw the largest allocation reductions for KENSICO CAPITAL MANAGEMENT CORP in Q1 2026?
Of 5 existing positions with share-count reductions in Q1 2026, the largest were: SEA LTD (SE, -2.8% weight, -59.2% shares), HOWMET AEROSPACE (HWM, 5.6% weight, -3.4% shares), HILTON WORLDWIDE HLDGS INC (HLT, 0.4% weight, -2.2% shares), INTERCONTINENTAL EXCHANGE IN (ICE, 0.3% weight, -2.2% shares), NET POWER INC (NPWR/WS, -0.0% weight, -2.1% 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.