Blantyre Capital Ltd

Fundamental diversified ★Signal services_media specialist (100%) CIK 1887451
Long book
$82.8M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+31.5%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Blantyre Capital Ltd is a diversified fundamental manager, specialised in services_media (100% of the long book), running a $82.8M US long book across 1 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NATIONAL CINEMEDIA INC.

Over the last 9 quarters its long book ran on average 3.8pp per quarter behind the S&P 500, beating the index in 2 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
-11.9%
Q2 2024
+60.6%
Q3 2024
-5.8%
Q4 2024
-11.6%
Q1 2025
-16.5%
Q2 2025
-6.4%
Q3 2025
-13.1%
Q4 2025
-20.9%
Q1 2026
+31.5%

Sector allocation

Services media
100%

Long book by quarter

$164.5M
Q1 2024
$117.1M
Q2 2024
$188.0M
Q3 2024
$177.1M
Q4 2024
$158.5M
Q1 2025
$131.5M
Q2 2025
$122.4M
Q3 2025
$105.6M
Q4 2025
$82.8M
Q1 2026

What does Blantyre Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NCMI NATIONAL CINEMEDIA INCServices media27.1M$82.8M100.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20261$82.8M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20261$105.6M canonicalSEC ↗
Q3 202513F-HRNov 14, 20251$122.4M canonicalSEC ↗
Q2 202513F-HRAug 14, 20251$131.5M canonicalSEC ↗
Q1 202513F-HRMay 15, 20251$158.5M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20251$177.1M canonicalSEC ↗
Q3 202413F-HRNov 14, 20241$188.0M canonicalSEC ↗
Q2 202413F-HRAug 14, 20242$139.2M canonicalSEC ↗
Q1 202413F-HRMay 15, 20244$183.5M canonicalSEC ↗