59 North Capital Management, LP
SEC Form 13F institutional filer · CIK 0001805589
13F-HR · 11 reported holdings · 2026-03-31
SEC-registered institutional investment manager.
Reported long-US-equity value
$2.15B
Top-10 concentration
98.0%
59 North Capital Management, LP — $2.15B AUM allocation strategy
59 North Capital Management, LP files SEC Form 13F and reports $2.15B of long US equity value across 11 reported holdings for 2026-03-31.
Its largest sector bet is Energy 26.3%, followed by Communication Services 26.1% and Industrials 15.5%.
The top 10 holdings account for 98% 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.
59 North Capital Management, LP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$2.15B
total across 11 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
98% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$CCL +1.72M sh · +$9.23M+$CEG +230K sh · +$20.9M+$FERG +172K sh · +$53.5M
Biggest trims (shares)
−$KMI −810K sh · +$41.5M−$NWSA −597K sh · −$19.4M−$NWS −514K sh · −$28.2M
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)
- Oil & Gas Storage & Transportation16.4%—
- Publishing16.4%—
- Building Products15.5%—
- Hotels, Resorts & Cruise Lines11.2%—
- Electric Utilities10.5%—
- Integrated Oil & Gas9.8%—
- Movies & Entertainment9.6%—
- Timber REITs4.2%—
- Other holdings6.4%—
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 |
|---|---|---|---|---|---|
| $KMI | Kinder Morgan Inc | 10.6M | $354M | -810K | 16.4% |
| $FERG | Ferguson Enterprises Inc | 1.43M | $333M | +172K | 15.5% |
| $NWS | News Corporation | 12.5M | $310M | -514K | 14.4% |
| $CCL | Carnival Corporation Ltd | 9.31M | $241M | +1.72M | 11.2% |
| $CEG | Constellation Energy Corporation | 813K | $227M | +230K | 10.5% |
| $CVX | Chevron Corporation | 1.02M | $212M | — | 9.8% |
| $DIS | Walt Disney Company | 2.15M | $207M | — | 9.6% |
| $WY | Weyerhaeuser Company | 3.67M | $89.6M | — | 4.2% |
| $GPC | Genuine Parts Company | 824K | $87.1M | — | 4.0% |
| $L | Loews Corporation | 457K | $48.7M | — | 2.3% |
…and 1 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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