XN LP 13F: Quarter-over-Quarter Portfolio Changes
XN LP reported a disclosed portfolio value of approximately $2.7 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 23.7% quarter on quarter. Over the quarter, the fund initiated 5 new positions, bought more shares in 3 holdings, trimmed 13 holdings, and exited 8 positions.
XN LP's top buy was Solstice Advanced Matls INC (SOLS) . The fund bought 274.5% more shares, lifting the position's portfolio weight by 6.5 percentage points. Its top sell was Union Pacific (UNP) . The fund exited the position completely after it had accounted for 4.5% 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 |
|---|---|---|---|
| MODINE MFG CO | MOD | 5.1% | History → |
| CORNING INC | GLW | 5.0% | History → |
| WESTERN DIGITAL CORP | WDC | 2.7% | Holders → |
| CARPENTER TECHNOLOGY CORP | CRS | 2.7% | Holders → |
| BLOOM ENERGY | BE | 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 |
|---|---|---|---|---|
| SOLSTICE ADVANCED MATLS INC | SOLS | +6.5% | +274.5% | History → |
| APPLIED MATLS INC | AMAT | +3.6% | +43.4% | History → |
| FERGUSON ENTERPRISES INC | FERG | +0.8% | +15.5% | Holders → |
Top SellsQ1 2026
Showing the top 10 sells among 13 existing positions where the fund sold shares in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| JOHNSON CONTROLS INTERNATION | JCI | -0.7% | 63.1% | Holders → |
| CBRE GROUP INC | CBRE | -2.1% | 56.3% | Holders → |
| TKO GROUP HOLDINGS INC | TKO | -2.7% | 33.9% | History → |
| FIGMA INC | FIG | -0.3% | 33.8% | Holders → |
| WARNER BROS DISCOVERY INC | WBD | -0.3% | 30.7% | Holders → |
| TAIWAN SEMIC-ADR | TSM | 0.2% | 29.8% | History → |
| TOAST INC | TOST | -2.6% | 27.6% | History → |
| SPOTIFY TECHNOLOGY S A | SPOT | -0.9% | 25.5% | Holders → |
| SHERWIN WILLIAMS | SHW | 0.7% | 13.4% | History → |
| NVIDIA CORPORATION COM | NVDA | 0.3% | 11.0% | Holders → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| UNION PACIFIC | UNP | 4.5% |
| REDDIT INC | RDDT | 4.4% |
| TRANSUNION | TRU | 4.2% |
| SALESFORCE INC | CRM | 3.0% |
| MEDLINE INC | MDLN | 1.8% |
| CORE & MAIN INC | CNM | 1.0% |
| META PLATFORMS INC | META | 0.9% |
| MICROSOFT | MSFT | 0.8% |
Net Portfolio Value ChangeQ1 2026
- $3.6BPrior quarter
- $2.7BCurrent quarter
- $-0.8BNet delta
- -23.7%% change
Methodology & FAQ
How XN LP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for XN 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 XN LP buy in Q1 2026?
In Q1 2026, XN LP initiated 5 new positions (MODINE MFG CO (MOD), CORNING INC (GLW), WESTERN DIGITAL CORP (WDC), CARPENTER TECHNOLOGY CORP (CRS), BLOOM ENERGY (BE)); bought more shares of SOLSTICE ADVANCED MATLS INC (SOLS), APPLIED MATLS INC (AMAT), FERGUSON ENTERPRISES INC (FERG).
What stocks did XN LP sell in Q1 2026?
In Q1 2026, XN LP fully sold 8 positions (UNION PACIFIC (UNP), REDDIT INC (RDDT), TRANSUNION (TRU), SALESFORCE INC (CRM), MEDLINE INC (MDLN), CORE & MAIN INC (CNM), META PLATFORMS INC (META), MICROSOFT (MSFT)); reduced holdings in JOHNSON CONTROLS INTERNATION (JCI), CBRE GROUP INC (CBRE), TKO GROUP HOLDINGS INC (TKO), FIGMA INC (FIG), WARNER BROS DISCOVERY INC (WBD) — the largest 5 of 13 reductions.
Which positions did XN LP initiate in Q1 2026?
XN LP established 5 new positions in Q1 2026: MODINE MFG CO (MOD, 5.1%), CORNING INC (GLW, 5.0%), WESTERN DIGITAL CORP (WDC, 2.7%), CARPENTER TECHNOLOGY CORP (CRS, 2.7%), BLOOM ENERGY (BE, 0.4%).
Which existing positions saw the largest allocation increases for XN LP in Q1 2026?
Of 3 existing positions with share-count increases in Q1 2026, the largest were: SOLSTICE ADVANCED MATLS INC (SOLS, +6.5% weight, +274.5% shares), APPLIED MATLS INC (AMAT, +3.6% weight, +43.4% shares), FERGUSON ENTERPRISES INC (FERG, +0.8% weight, +15.5% shares).
Which positions did XN LP fully exit in Q1 2026?
XN LP fully exited 8 positions in Q1 2026: UNION PACIFIC (UNP, last-reported weight 4.5%), REDDIT INC (RDDT, last-reported weight 4.4%), TRANSUNION (TRU, last-reported weight 4.2%), SALESFORCE INC (CRM, last-reported weight 3.0%), MEDLINE INC (MDLN, last-reported weight 1.8%), CORE & MAIN INC (CNM, last-reported weight 1.0%), META PLATFORMS INC (META, last-reported weight 0.9%), MICROSOFT (MSFT, last-reported weight 0.8%).
Which existing positions saw the largest allocation reductions for XN LP in Q1 2026?
Of 13 existing positions with share-count reductions in Q1 2026, the largest were: JOHNSON CONTROLS INTERNATION (JCI, -0.7% weight, -63.1% shares), CBRE GROUP INC (CBRE, -2.1% weight, -56.3% shares), TKO GROUP HOLDINGS INC (TKO, -2.7% weight, -33.9% shares), FIGMA INC (FIG, -0.3% weight, -33.8% shares), WARNER BROS DISCOVERY INC (WBD, -0.3% weight, -30.7% shares), TAIWAN SEMIC-ADR (TSM, 0.2% weight, -29.8% shares), TOAST INC (TOST, -2.6% weight, -27.6% shares), SPOTIFY TECHNOLOGY S A (SPOT, -0.9% weight, -25.5% shares), SHERWIN WILLIAMS (SHW, 0.7% weight, -13.4% shares), NVIDIA CORPORATION COM (NVDA, 0.3% weight, -11.0% 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.