Finepoint Capital LP
Long book
$417.1M
Q1 2026
Positions
6
Top-10 weight
100%
concentration
Last quarter
+18.2%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsFinepoint Capital LP is a concentrated fundamental stock-picker, specialised in consumer_discretionary (65% of the long book), running a $417.1M US long book across 6 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: QXO INC, RXO INC, ALEANNA INC - CL A - 29, ALEANNA INC, MONEYHERO LTD-28.
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
-10.0%
Q2 2024
+21.1%
Q3 2024
-0.5%
Q4 2024
-11.9%
Q1 2025
+40.9%
Q2 2025
-11.1%
Q3 2025
-2.8%
Q4 2025
+4.3%
Q1 2026
+18.2%
Sector allocation
Consumer discretionary 65%
Industrials 35%
Energy 0%
Healthcare 0%
Long book by quarter
What does Finepoint Capital own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 9 | $1.95B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 9 | $2.00B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 9 | $1.74B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 10 | $1.36B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 25 | $1.31B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 26 | $1.64B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 26 | $1.38B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 25 | $352.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 26 | $389.9M | canonical | SEC ↗ |