EPACRIA CAPITAL PARTNERS, LLC
Long book
$129.1M
Q1 2026
Positions
29
Top-10 weight
78%
concentration
Last quarter
+7.0%
SPY +14.8%
Turnover
23%
of book per quarter
Strategy in plain words
auto-generated from filingsEPACRIA CAPITAL PARTNERS, LLC is a concentrated fundamental stock-picker, running a $129.1M US long book across 29 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: PHILIP MORRIS INTERNATIONAL, BRITISH AMERICAN TOB-SP ADR, VANGUARD FTSE DEVELOPED ETF, CANADIAN NATURAL RESOURCES, BERKSHIRE HATHAWAY INC-CL B.
Over the last 9 quarters its long book ran on average 0.9pp per quarter ahead of the S&P 500, beating the index in 4 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
+1.8%
Q2 2024
+11.1%
Q3 2024
+0.1%
Q4 2024
+7.0%
Q1 2025
+5.9%
Q2 2025
+3.4%
Q3 2025
+3.8%
Q4 2025
+8.4%
Q1 2026
+7.0%
Sector allocation
Financials 35%
Energy 24%
Consumer staples 21%
Utilities 6%
Materials 4%
Other 2%
Real estate 2%
Technology 2%
Long book by quarter
What does EPACRIA CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 106.7K | $17.6M | 13.7% | Held |
| CNQ CANADIAN NATURAL RESOURCES | Energy | 233.2K | $11.4M | 8.8% | +2.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 21.2K | $10.1M | 7.9% | Held |
| BSM BLACK STONE MINERALS LP | Energy | 580.7K | $8.8M | 6.8% | Held |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 139.4K | $5.3M | 4.1% | Held |
| IBKR INTERACTIVE BROKERS GRO-CL A | Financials | 72.0K | $4.8M | 3.7% | Held |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 6 | $4.3M | 3.3% | Held |
| HCC WARRIOR MET COAL INC | Materials | 39.1K | $3.6M | 2.8% | Held |
| VIRT VIRTU FINANCIAL INC-CLASS A | Financials | 82.6K | $3.6M | 2.8% | Held |
| MRX MAREX GROUP PLC | Financials | 65.4K | $2.9M | 2.3% | +293.8% |
| NTB BANK OF N.T. BUTTERFIELD&SON | Financials | 42.3K | $2.2M | 1.7% | Held |
| CPW CHECK POINT SOFTWARE TECH | — | 13.8K | $2.0M | 1.5% | +4.8% |
| GOOG ALPHABET INC-CL C | Technology | 5.7K | $1.6M | 1.3% | -25.9% |
| FRPH FRP HOLDINGS INC | Real estate | 58.2K | $1.3M | 1.0% | Held |
| AFL AFLAC INC | Financials | 7.5K | $823K | 0.6% | Held |
| NEN NEW ENGLAND REALTY ASSOC-LP | Real estate | 8.6K | $527K | 0.4% | Held |
| INSW INTERNATIONAL SEAWAYS INC | Industrials | 4.7K | $346K | 0.3% | -77.8% |
| EXPD EXPEDITORS INTL WASH INC | Industrials | 2.2K | $315K | 0.2% | Held |
| FRO FRONTLINE PLC | Industrials | 8.6K | $301K | 0.2% | New |
| ECO OKEANIS ECO TANKERS CORP | Industrials | 5.9K | $296K | 0.2% | New |
| DHT DHT HOLDINGS INC | Industrials | 15.8K | $289K | 0.2% | -82.5% |
| MRVI MARAVAI LIFESCIENCES HLDGS-A | Healthcare | 100.1K | $283K | 0.2% | Held |
| CLPT CLEARPOINT NEURO INC | Healthcare | 11.7K | $107K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 29 | $129.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 33 | $126.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 34 | $123.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 34 | $119.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 40 | $122.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 42 | $118.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 51 | $146.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 56 | $136.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 53 | $138.0M | canonical | SEC ↗ |
Similar funds
Sanders Capital, LLCGATES FOUNDATION TRUSTEAGLE CAPITAL MANAGEMENT LLCWoodbridge Co LtdAlecta Tjanstepension OmsesidigtMubadala Investment Co PJSCH&H International Investment, LLCNewlands Management Operations LLCINVESTOR ABIndependent Franchise Partners LLPPineStone Asset Management Inc.Pentwater Capital Management LP