Maren Capital LLC: CANADIAN PACIFIC KANSAS CITY (CP): Quarterly 13F Position History
As of Q1 2026, Maren Capital LLC reported 1,047,986 shares of CANADIAN PACIFIC KANSAS CITY (CP), worth $82.4M and representing 4.3% of its 13F equity book. Quarter-over-quarter share count change: 227,187 (-17.8%) . The position first appeared in Q4 2023 and has been disclosed across 10 13F-HR filings in Pactolio's tracked window.
- 1,047,986Shares Held (Latest Filing)
- $82.4MReported Market Value (Latest Filing)
- 4.3%Portfolio Weight (% of 13F Equity Book)
- 227,187Quarter-over-Quarter Share Change
- -$11.5MQuarter-over-Quarter Value Change
- 1,347,398Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 10 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,047,986 | 227,187 | -17.8% | $82.4M | 4.3% | $78.7 |
| Q4 2025 | 1,275,173 | 72,225 | -5.4% | $93.9M | 5.0% | $73.6 |
| Q3 2025 | 1,347,398 | +64,940 | +5.1% | $100.4M | 5.6% | $74.5 |
| Q2 2025 | 1,282,458 | +7,706 | +0.6% | $101.7M | 6.1% | $79.3 |
| Q1 2025 | 1,274,752 | +75,338 | +6.3% | $89.5M | 6.1% | $70.2 |
| Q4 2024 | 1,199,414 | +128,916 | +12.0% | $86.8M | 6.6% | $72.4 |
| Q3 2024 | 1,070,498 | +48,640 | +4.8% | $91.6M | 7.5% | $85.5 |
| Q2 2024 | 1,021,858 | +70,178 | +7.4% | $80.5M | 7.7% | $78.7 |
| Q1 2024 | 951,680 | +138,090 | +17.0% | $83.9M | 8.1% | $88.2 |
| Q4 2023 | 813,590 | — | — | $64.3M | 8.2% | $79.1 |
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 Maren Capital LLC first disclose a CP position in 13F-HR filings?
Maren Capital LLC first reported CANADIAN PACIFIC KANSAS CITY (CP) on its 13F-HR filing for the period ending 2023-12-31 (Q4 2023). The position has appeared on 10 reported quarters within Pactolio's tracked window.
What was Maren Capital LLC's most recent quarter-over-quarter share-count change in CP?
Between Q4 2025 and Q1 2026, Maren Capital LLC reduced its CP position by 227,187 shares (-17.8%), leaving 1,047,986 shares at a market value of $82.4M.
Does the implied price-per-share represent Maren Capital LLC's cost basis in CP?
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.