Columbus Hill Capital Management, L.P.
Long book
$576.5M
Q1 2026
Positions
20
Top-10 weight
78%
concentration
Last quarter
+21.4%
SPY +14.8%
Turnover
31%
of book per quarter
Strategy in plain words
auto-generated from filingsColumbus Hill Capital Management, L.P. is a concentrated fundamental stock-picker, running a $576.5M US long book across 20 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: COUPANG INC, AMAZON.COM INC, NORWEGIAN CRUISE LINE HOLDIN, META PLATFORMS INC-CLASS A, MARRIOTT INTERNATIONAL -CL A.
Over the last 9 quarters its long book ran on average 1.1pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.3%
Q2 2024
+8.2%
Q3 2024
+4.4%
Q4 2024
-11.2%
Q1 2025
+21.5%
Q2 2025
+10.0%
Q3 2025
+1.9%
Q4 2025
-9.8%
Q1 2026
+21.4%
Sector allocation
Consumer discretionary 31%
Technology 26%
Industrials 16%
Services media 16%
Communications 4%
Financials 4%
Utilities 3%
Long book by quarter
What does Columbus Hill own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| CPNG COUPANG INC | Consumer discretionary | 5.6M | $105.0M | 18.2% | +548.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 321.2K | $66.9M | 11.6% | -14.3% |
| NCLH NORWEGIAN CRUISE LINE HOLDIN | Industrials | 2.7M | $49.8M | 8.6% | Held |
| META META PLATFORMS INC-CLASS A | Technology | 70.4K | $40.3M | 7.0% | -29.7% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 122.2K | $40.0M | 6.9% | Held |
| RCL ROYAL CARIBBEAN CRUISES LTD | Industrials | 140.4K | $38.6M | 6.7% | -5.8% |
| AMD ADVANCED MICRO DEVICES | Technology | 179.5K | $36.5M | 6.3% | +42.8% |
| MSFT MICROSOFT CORP | Technology | 67.6K | $25.0M | 4.3% | -26.4% |
| GOOGL ALPHABET INC-CL A | Technology | 85.8K | $24.7M | 4.3% | -32.4% |
| ECHO ECHOSTAR CORP-A | Communications | 193.2K | $22.6M | 3.9% | -4.9% |
| MA MASTERCARD INC - A | Services media | 37.3K | $18.6M | 3.2% | Held |
| NVDA NVIDIA CORP | Technology | 104.7K | $18.3M | 3.2% | -40.9% |
| VST VISTRA CORP | Utilities | 119.7K | $18.0M | 3.1% | -46.4% |
| HUM HUMANA INC | Financials | 89.4K | $15.5M | 2.7% | -7.8% |
| URI UNITED RENTALS INC | Services media | 20.7K | $15.1M | 2.6% | Held |
| V VISA INC-CLASS A SHARES | Services media | 44.6K | $13.5M | 2.3% | +39.0% |
| FIGR FIGURE TECHNOLOGY SOLUT-CL A | Financials | 149.1K | $5.1M | 0.9% | Held |
| UBER UBER TECHNOLOGIES INC | Services media | 16.0K | $1.2M | 0.2% | New |
| EQPT EQUIPMENTSHARE.COM INC-A | Services media | 1.0K | $20K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 24 | $672.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 25 | $710.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 27 | $758.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 26 | $694.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 24 | $474.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 24 | $523.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ARESTATEMENT | Nov 14, 2024 | 26 | $489.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 26 | $516.8M | SEC ↗ | |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 32 | $488.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 24 | $459.3M | canonical | SEC ↗ |
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