DENDUR CAPITAL LP

Fundamental concentrated ★Signal CIK 1782124
League rank
#285
in Fundamental concentrated · #535 overall
Long book
$1.36B
Q1 2026
Positions
21
Top-10 weight
73%
concentration
Last quarter
+20.8%
SPY +14.8%
Turnover
48%
of book per quarter

Strategy in plain words

auto-generated from filings

DENDUR CAPITAL LP is a concentrated fundamental stock-picker, running a $1.36B US long book across 21 positions.

The portfolio is concentrated: the top 10 names carry 73% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: WALT DISNEY CO/THE, ATI INC, LIBERTY MEDIA CORP-FORMULA-C, VSE CORP, SIX FLAGS ENTERTAINMENT CORP.

Over the last 9 quarters its long book ran on average 1pp per quarter ahead of the S&P 500, beating the index in 6 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
-8.5%
Q2 2024
+8.7%
Q3 2024
+8.3%
Q4 2024
-10.0%
Q1 2025
+20.0%
Q2 2025
-2.4%
Q3 2025
+7.4%
Q4 2025
+5.3%
Q1 2026
+20.8%

Sector allocation

Services media
45%
Industrials
18%
Communications
13%
Financials
9%
Technology
9%
Consumer discretionary
3%
Utilities
3%
Other
1%

Long book by quarter

$685.1M
Q1 2024
$539.3M
Q2 2024
$703.8M
Q3 2024
$872.7M
Q4 2024
$819.7M
Q1 2025
$1.06B
Q2 2025
$897.0M
Q3 2025
$961.6M
Q4 2025
$1.36B
Q1 2026

What does DENDUR CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
DIS WALT DISNEY CO/THEServices media2.2M$211.3M15.5%+112.4%
ATI ATI INCIndustrials1.3M$186.6M13.7%-37.1%
FWONK LIBERTY MEDIA CORP-FORMULA-CCommunications1.2M$102.3M7.5%+597.0%
VSEC VSE CORPServices media479.0K$88.3M6.5%+90.1%
FUN SIX FLAGS ENTERTAINMENT CORPServices media5.0M$87.9M6.5%Held
MSGE MADISON SQUARE GARDEN ENTERTServices media1.2M$71.9M5.3%Held
COF CAPITAL ONE FINANCIAL CORPFinancials356.5K$65.0M4.8%+4.9%
TTMI TTM TECHNOLOGIESTechnology655.0K$63.8M4.7%New
LYV LIVE NATION ENTERTAINMENT INServices media416.0K$63.4M4.7%Held
MKSI MKS INCTechnology214.5K$49.3M3.6%New
UNP UNION PACIFIC CORPIndustrials186.0K$45.1M3.3%-39.0%
CNM CORE & MAIN INC-CLASS AConsumer discretionary898.0K$44.4M3.3%Held
AER AERCAP HOLDINGS NVServices media313.0K$42.9M3.2%New
HUT HUT 8 CORPFinancials869.4K$40.8M3.0%+83.8%
TLN TALEN ENERGY CORPUtilities124.0K$39.6M2.9%New
WBD WARNER BROS DISCOVERY INCCommunications1.3M$36.5M2.7%New
TDS TELEPHONE AND DATA SYSTEMSCommunications802.0K$33.8M2.5%New
VSEC VSE CORPServices media380.0K$19.1M1.4%New
PPB FLUTTER ENTERTAINMENT PLC-DI112.0K$11.4M0.8%-70.7%
CORZ CORE SCIENTIFIC INCFinancials670.0K$10.0M0.7%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202622$1.36B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202615$1.01B canonicalSEC ↗
Q3 202513F-HRNov 14, 202517$964.1M canonicalSEC ↗
Q2 202513F-HRAug 14, 202523$1.11B canonicalSEC ↗
Q1 202513F-HRMay 15, 202522$851.9M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202524$968.9M canonicalSEC ↗
Q3 202413F-HRNov 14, 202418$733.9M canonicalSEC ↗
Q2 202413F-HRAug 14, 202415$580.2M canonicalSEC ↗
Q1 202413F-HRMay 15, 202415$736.5M canonicalSEC ↗