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KENSICO CAPITAL MANAGEMENT CORP

SEC Form 13F institutional filer · CIK 0001113000

13F-HR · 14 reported holdings · 2026-03-31

Investment management firm.

Reported long-US-equity value

$4.54B

Top-10 concentration

94.6%

KENSICO CAPITAL MANAGEMENT CORP — $4.54B AUM allocation strategy

KENSICO CAPITAL MANAGEMENT CORP files SEC Form 13F and reports $4.54B of long US equity value across 14 reported holdings for 2026-03-31.

Its largest sector bet is Communication Services 38.4%, followed by Industrials 27.8% and Information Technology 12.8%.

The top 10 holdings account for 95% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

KENSICO CAPITAL MANAGEMENT CORP — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$4.54B

total across 14 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

95% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$V$APP$GOOG

+$V +175K sh · +$15.3M+$APP +166K sh · −$794M+$GOOG +112K sh · −$3.38M

Biggest trims (shares)

$HWM$ICE$HLT

−$HWM −181K sh · +$92.2M−$ICE −15.8K sh · −$5.91M−$HLT −7.2K sh · +$3.36M

Added from nil (new positions)

$UBER$BKNG$INTC

3 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$CSGP$SYK$DLTR

$CSGP ($60.6M last qtr)$SYK ($42.7M last qtr)$DLTR ($37.2M last qtr)

Sector allocation (share of reported value)

Communication Services 38%Industrials 28%Information Technology 13%Financials 12%Consumer Discretionary 9%Other holdings 0%SECTORS
  • $XLCCommunication Services38.4%
  • $XLIIndustrials27.8%
  • $XLKInformation Technology12.8%
  • $XLFFinancials12.0%
  • $XLYConsumer Discretionary8.9%
  • Other holdings0.1%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Advertising 29%Aerospace & Defense 26%Interactive Media & Services 10%Application Software 9%Transaction & Payment Processing Services 6%Broadline Retail 5%Hotels, Resorts & Cruise Lines 4%Financial Exchanges & Data 4%Other holdings 8%INDUSTRIES
  • Advertising28.8%
  • Aerospace & Defense25.8%
  • Interactive Media & Services9.6%
  • Application Software9.1%
  • Transaction & Payment Processing Services6.3%
  • Broadline Retail4.9%
  • Hotels, Resorts & Cruise Lines4.0%
  • Financial Exchanges & Data3.5%
  • Other holdings8.0%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$APPApplovin Corporation3.28M$1.31B+166K28.8%
$HWMHowmet Aerospace Inc5.08M$1.17B-181K25.8%
$GOOGAlphabet Inc. Class C Capital Stock1.51M$434M+112K9.6%
$FICOFair Isaac Corporation385K$411M+79.3K9.1%
$VVisa Inc949K$287M+175K6.3%
$AMZNAmazon.com Inc1.07M$223M+44.1K4.9%
$MSFTMicrosoft Corporation403K$149M+64.8K3.3%
$ICEIntercontinental Exchange Inc717K$113M-15.8K2.5%
$PGRProgressive Corporation499K$98.8M+02.2%
$HLTHilton Worldwide Holdings Inc323K$98.1M-7.2K2.2%

…and 4 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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