Sachem Head Capital Management LP 13F: Quarter-over-Quarter Portfolio Changes
Sachem Head Capital Management LP reported a disclosed portfolio value of approximately $4.2 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 2.7% quarter on quarter. Over the quarter, the fund initiated 7 new positions, bought more shares in 4 holdings, trimmed 3 holdings, and exited 8 positions.
Sachem Head Capital Management LP's top buy was a new stake in Primo Brands Corporation (PRMB) , equal to 7.8% of the disclosed portfolio. Its top sell was Warner Bros Discovery INC (WBD) . The fund exited the position completely after it had accounted for 5.4% of the previous portfolio.
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 |
|---|---|---|---|
| PRIMO BRANDS CORPORATION | PRMB | 7.8% | History → |
| WEATHERFORD INTL PLC | WFRD | 5.8% | History → |
| ICON PLC | ICLR | 5.6% | History → |
| GILDAN ACTIVEWEAR INC | GIL | 5.5% | Holders → |
| ON SEMICONDUCTOR CORP | ON | 2.9% | Holders → |
| BITDEER TECHNOLOGIES GROUP | BTDR | 2.0% | Holders → |
| AKAMAI TECHNOLOGIES INC | AKAM | 0.7% | 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 |
|---|---|---|---|---|
| TALEN ENERGY CORP | TLN | +3.1% | +54.8% | History → |
| DICK'S SPORTING GOODS INC | DKS | +2.0% | +31.6% | History → |
| INVESCO EXCHANGE TRADED FD T | RSP | +0.2% | +28.3% | Holders → |
| CARVANA CO | CVNA | +-0.2% | +26.4% | 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 |
|---|---|---|---|---|
| ECHOSTAR CORP | SATS | -4.8% | 42.5% | History → |
| COHERENT CORP | COHR | -1.4% | 40.1% | Holders → |
| GDS HLDGS LTD | GDS | 0.8% | 6.6% | 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 |
|---|---|---|
| WARNER BROS DISCOVERY INC | WBD | 5.4% |
| ADMA BIOLOGICS INC | ADMA | 4.9% |
| CVS HEALTH CORP | CVS | 4.8% |
| LIVE NATION ENTERTAINMENT IN | LYV | 4.1% |
| ZOOMINFO TECHNOLOGIES INC | GTM | 3.5% |
| HUT 8 CORP | HUT | 3.0% |
| KENVUE INC | KVUE | 1.3% |
| RESIDEO TECHNOLOGIES INC | REZI | 1.3% |
Net Portfolio Value ChangeQ1 2026
- $4.3BPrior quarter
- $4.2BCurrent quarter
- $-0.1BNet delta
- -2.7%% change
Methodology & FAQ
How Sachem Head Capital Management LP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Sachem Head Capital Management LP: 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 Sachem Head Capital Management LP buy in Q1 2026?
In Q1 2026, Sachem Head Capital Management LP initiated 7 new positions (PRIMO BRANDS CORPORATION (PRMB), WEATHERFORD INTL PLC (WFRD), ICON PLC (ICLR), GILDAN ACTIVEWEAR INC (GIL), ON SEMICONDUCTOR CORP (ON), BITDEER TECHNOLOGIES GROUP (BTDR), AKAMAI TECHNOLOGIES INC (AKAM)); bought more shares of TALEN ENERGY CORP (TLN), DICK'S SPORTING GOODS INC (DKS), INVESCO EXCHANGE TRADED FD T (RSP), CARVANA CO (CVNA).
What stocks did Sachem Head Capital Management LP sell in Q1 2026?
In Q1 2026, Sachem Head Capital Management LP fully sold 8 positions (WARNER BROS DISCOVERY INC (WBD), ADMA BIOLOGICS INC (ADMA), CVS HEALTH CORP (CVS), LIVE NATION ENTERTAINMENT IN (LYV), ZOOMINFO TECHNOLOGIES INC (GTM), HUT 8 CORP (HUT), KENVUE INC (KVUE), RESIDEO TECHNOLOGIES INC (REZI)); reduced holdings in ECHOSTAR CORP (SATS), COHERENT CORP (COHR), GDS HLDGS LTD (GDS).
Which positions did Sachem Head Capital Management LP initiate in Q1 2026?
Sachem Head Capital Management LP established 7 new positions in Q1 2026: PRIMO BRANDS CORPORATION (PRMB, 7.8%), WEATHERFORD INTL PLC (WFRD, 5.8%), ICON PLC (ICLR, 5.6%), GILDAN ACTIVEWEAR INC (GIL, 5.5%), ON SEMICONDUCTOR CORP (ON, 2.9%), BITDEER TECHNOLOGIES GROUP (BTDR, 2.0%), AKAMAI TECHNOLOGIES INC (AKAM, 0.7%).
Which existing positions saw the largest allocation increases for Sachem Head Capital Management LP in Q1 2026?
Of 4 existing positions with share-count increases in Q1 2026, the largest were: TALEN ENERGY CORP (TLN, +3.1% weight, +54.8% shares), DICK'S SPORTING GOODS INC (DKS, +2.0% weight, +31.6% shares), INVESCO EXCHANGE TRADED FD T (RSP, +0.2% weight, +28.3% shares), CARVANA CO (CVNA, +-0.2% weight, +26.4% shares).
Which positions did Sachem Head Capital Management LP fully exit in Q1 2026?
Sachem Head Capital Management LP fully exited 8 positions in Q1 2026: WARNER BROS DISCOVERY INC (WBD, last-reported weight 5.4%), ADMA BIOLOGICS INC (ADMA, last-reported weight 4.9%), CVS HEALTH CORP (CVS, last-reported weight 4.8%), LIVE NATION ENTERTAINMENT IN (LYV, last-reported weight 4.1%), ZOOMINFO TECHNOLOGIES INC (GTM, last-reported weight 3.5%), HUT 8 CORP (HUT, last-reported weight 3.0%), KENVUE INC (KVUE, last-reported weight 1.3%), RESIDEO TECHNOLOGIES INC (REZI, last-reported weight 1.3%).
Which existing positions saw the largest allocation reductions for Sachem Head Capital Management LP in Q1 2026?
Of 3 existing positions with share-count reductions in Q1 2026, the largest were: ECHOSTAR CORP (SATS, -4.8% weight, -42.5% shares), COHERENT CORP (COHR, -1.4% weight, -40.1% shares), GDS HLDGS LTD (GDS, 0.8% weight, -6.6% 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.