RDST Capital LLC: UNION PACIFIC (UNP): Quarterly 13F Position History
As of Q1 2026, RDST Capital LLC reported 291,615 shares of UNION PACIFIC (UNP), worth $70.8M and representing 6.8% of its 13F equity book. Quarter-over-quarter share count change: 128,480 (-30.6%) . The position first appeared in Q3 2023 and has been disclosed across 11 13F-HR filings in Pactolio's tracked window.
- 291,615Shares Held (Latest Filing)
- $70.8MReported Market Value (Latest Filing)
- 6.8%Portfolio Weight (% of 13F Equity Book)
- 128,480Quarter-over-Quarter Share Change
- -$26.4MQuarter-over-Quarter Value Change
- 420,095Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 11 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 291,615 | 128,480 | -30.6% | $70.8M | 6.8% | $242.6 |
| Q4 2025 | 420,095 | +83,450 | +24.8% | $97.2M | 9.2% | $231.3 |
| Q3 2025 | 336,645 | +336,645 | — | $79.6M | 7.5% | $236.4 |
| Q2 2025 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2025 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2024 | 0 | 31,250 | -100.0% | $0 | 0.0% | — |
| Q2 2024 | 31,250 | 101,505 | -76.5% | $7.1M | 1.9% | $226.3 |
| Q1 2024 | 132,755 | +7,425 | +5.9% | $32.6M | 8.1% | $245.9 |
| Q4 2023 | 125,330 | 4,215 | -3.3% | $30.8M | 9.8% | $245.6 |
| Q3 2023 | 129,545 | — | — | $26.4M | 10.0% | $203.6 |
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 RDST Capital LLC first disclose a UNP position in 13F-HR filings?
RDST Capital LLC first reported UNION PACIFIC (UNP) on its 13F-HR filing for the period ending 2023-09-30 (Q3 2023). The position has appeared on 11 reported quarters within Pactolio's tracked window.
What was RDST Capital LLC's most recent quarter-over-quarter share-count change in UNP?
Between Q4 2025 and Q1 2026, RDST Capital LLC reduced its UNP position by 128,480 shares (-30.6%), leaving 291,615 shares at a market value of $70.8M.
Does the implied price-per-share represent RDST Capital LLC's cost basis in UNP?
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.