Bayberry Capital Partners LP

Fundamental concentrated ★Signal CIK 1771524
League rank
#415
in Fundamental concentrated · #1117 overall
Long book
$302.6M
Q1 2026
Positions
28
Top-10 weight
57%
concentration
Last quarter
+16.6%
SPY +14.8%
Turnover
51%
of book per quarter

Strategy in plain words

auto-generated from filings

Bayberry Capital Partners LP is a concentrated fundamental stock-picker, running a $302.6M US long book across 28 positions.

The portfolio is concentrated: the top 10 names carry 57% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: LIONSGATE STUDIOS CORP, CONSTELLIUM SE, SENSIENT TECHNOLOGIES CORP, CHURCHILL DOWNS INC, WESCO INTERNATIONAL INC.

Over the last 9 quarters its long book ran on average 1.3pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.5%
Q2 2024
+8.5%
Q3 2024
+1.3%
Q4 2024
-5.5%
Q1 2025
+18.0%
Q2 2025
+2.5%
Q3 2025
+8.6%
Q4 2025
+1.8%
Q1 2026
+16.6%

Sector allocation

Services media
29%
Industrials
24%
Consumer discretionary
14%
Other
11%
Consumer staples
11%
Materials
6%
Utilities
5%
Technology
1%

Long book by quarter

$368.2M
Q1 2024
$394.0M
Q2 2024
$296.5M
Q3 2024
$262.5M
Q4 2024
$299.6M
Q1 2025
$302.7M
Q2 2025
$347.5M
Q3 2025
$310.9M
Q4 2025
$302.6M
Q1 2026

What does Bayberry Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
LION LIONSGATE STUDIOS CORPServices media2.3M$22.3M7.4%-28.7%
CSTM CONSTELLIUM SEIndustrials874.0K$21.5M7.1%New
SXT SENSIENT TECHNOLOGIES CORPOther239.2K$20.7M6.8%+15.4%
CHDN CHURCHILL DOWNS INCServices media215.0K$19.3M6.4%+6.2%
WCC WESCO INTERNATIONAL INCConsumer discretionary62.2K$17.0M5.6%-29.4%
GLNG GOLAR LNG LTDIndustrials310.0K$16.8M5.5%New
WWD WOODWARD INCIndustrials40.1K$14.4M4.7%-28.4%
PRMB PRIMO BRANDS CORPConsumer staples740.7K$13.9M4.6%-38.3%
CLH CLEAN HARBORS INCUtilities46.2K$13.2M4.4%-4.1%
UHAL/B U-HAUL HOLDING CO-NON VOTINGServices media290.0K$13.0M4.3%-30.0%
BATRK ATLANTA BRAVES HOLDINGS IN-CServices media291.0K$12.4M4.1%-16.9%
AIR AAR CORPIndustrials110.0K$12.0M4.0%New
SOLS SOLSTICE ADV MATERIALS INCMaterials155.7K$11.9M3.9%-44.2%
PVH PVH CORPOther156.0K$10.9M3.6%New
TJX TJX COMPANIES INCConsumer discretionary64.0K$10.2M3.4%-6.2%
JBS JBS NV-AConsumer staples541.6K$9.7M3.2%-45.9%
AER AERCAP HOLDINGS NVServices media68.5K$9.4M3.1%-39.2%
MCO MOODY'S CORPServices media17.3K$7.6M2.5%New
CELH CELSIUS HOLDINGS INCConsumer staples210.0K$7.5M2.5%-28.3%
CTRN CITI TRENDS INCConsumer discretionary170.1K$7.4M2.4%New
RTX RTX CORPIndustrials36.2K$7.0M2.3%New
QDEL QUIDELORTHO CORPMaterials282.6K$4.6M1.5%-8.3%
GWRE GUIDEWIRE SOFTWARE INCTechnology28.5K$4.3M1.4%New
ROST ROSS STORES INCConsumer discretionary19.6K$4.2M1.4%New
BURL BURLINGTON STORES INCConsumer discretionary5.9K$1.9M0.6%New
FNKO FUNKO INC-CLASS AOther260.0K$819K0.3%+225.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202630$323.2M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202625$315.4M canonicalSEC ↗
Q3 202513F-HRNov 14, 202527$420.1M canonicalSEC ↗
Q2 202513F-HRAug 14, 202523$311.3M canonicalSEC ↗
Q1 202513F-HRMay 15, 202522$362.6M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202516$262.5M canonicalSEC ↗
Q3 202413F-HRNov 14, 202418$296.5M canonicalSEC ↗
Q2 202413F-HRAug 14, 202424$498.7M canonicalSEC ↗
Q1 202413F-HRMay 15, 202423$535.6M canonicalSEC ↗

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