KETTLE HILL CAPITAL MANAGEMENT, LLC
SEC Form 13F institutional filer · CIK 0001387369
13F-HR · 18 reported holdings · 2026-03-31
Reported long-US-equity value
$0.14B
Top-10 concentration
74.6%
KETTLE HILL CAPITAL MANAGEMENT, LLC — $138M AUM allocation strategy
KETTLE HILL CAPITAL MANAGEMENT, LLC files SEC Form 13F and reports $138M of long US equity value across 18 reported holdings for 2026-03-31.
Its largest sector bet is Consumer Discretionary 23.3%, followed by Information Technology 22.6% and Real Estate 15.3%.
The top 10 holdings account for 75% 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.
KETTLE HILL CAPITAL MANAGEMENT, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$138M
total across 18 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
75% of value
higher = narrower conviction; lower = spread / hedging
Biggest trims (shares)
−$VZ −469K sh · −$18.1M−$KMI −389K sh · −$9.15M−$WYNN −111K sh · −$15.3M
Exited to nil (held last quarter, gone now)
$AKAM ($11.7M last qtr)$EXE ($5.93M last qtr)$EQT ($5.83M last qtr)$LUV ($5.79M last qtr)$GOOG ($837K last qtr)
Sector allocation (share of reported value)
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)
- Semiconductors22.6%—
- Telecom Tower REITs13.3%—
- Specialty Chemicals13.2%—
- Apparel, Accessories & Luxury Goods8.0%—
- Casinos & Gaming7.7%—
- Oil & Gas Storage & Transportation6.2%—
- Hotels, Resorts & Cruise Lines4.1%—
- Diversified Banks4.1%—
- Other holdings20.8%—
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 ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NXPI | NXP Semiconductors N.V | 102K | $20.1M | — | 14.5% |
| $IFF | International Flavors & Fragrances Inc | 251K | $18.2M | +111K | 13.2% |
| $CCI | Crown Castle Inc | 150K | $12.2M | — | 8.8% |
| $LULU | lululemon athletica inc | 72.1K | $11M | — | 8.0% |
| $WYNN | Wynn Resorts Limited | 104K | $10.6M | -111K | 7.7% |
| $KMI | Kinder Morgan Inc | 254K | $8.51M | -389K | 6.2% |
| $CCL | Carnival Corporation Ltd | 221K | $5.72M | — | 4.1% |
| $JPM | JP Morgan Chase & Co | 19.1K | $5.6M | -17.9K | 4.1% |
| $MCHP | Microchip Technology Incorporated | 86.1K | $5.56M | — | 4.0% |
| $FITB | Fifth Third Bancorp | 120K | $5.56M | — | 4.0% |
…and 8 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 IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-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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