Gillson Capital LP

Fundamental diversified ★Signal CIK 1698055
League rank
#346
in Fundamental diversified · #1760 overall
Long book
$1.22B
Q1 2026
Positions
69
Top-10 weight
39%
concentration
Last quarter
+14.6%
SPY +14.8%
Turnover
62%
of book per quarter

Strategy in plain words

auto-generated from filings

Gillson Capital LP is a diversified fundamental manager, running a $1.22B US long book across 69 positions.

The portfolio is moderately concentrated (top 10 ≈ 39% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ASSURANT INC, MASTERCARD INC - A, NASDAQ INC, AMERICAN INTERNATIONAL GROUP, PUBLIC STORAGE.

Over the last 9 quarters its long book ran on average 2.4pp 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
-1.9%
Q2 2024
+12.6%
Q3 2024
+0.9%
Q4 2024
-0.9%
Q1 2025
-0.6%
Q2 2025
+0.7%
Q3 2025
+1.5%
Q4 2025
-8.3%
Q1 2026
+14.6%

Sector allocation

Financials
67%
Services media
23%
Technology
6%
Utilities
2%
Healthcare
1%
Industrials
0%

Long book by quarter

$1.05B
Q1 2024
$1.04B
Q2 2024
$1.10B
Q3 2024
$1.11B
Q4 2024
$1.17B
Q1 2025
$1.31B
Q2 2025
$1.15B
Q3 2025
$1.53B
Q4 2025
$1.22B
Q1 2026

What does Gillson Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AIZ ASSURANT INCFinancials393.0K$85.6M7.0%+0.7%
MA MASTERCARD INC - AServices media118.2K$59.1M4.8%New
NDAQ NASDAQ INCFinancials648.5K$55.0M4.5%+10.0%
AIG AMERICAN INTERNATIONAL GROUPFinancials701.3K$52.8M4.3%+209.1%
WH WYNDHAM HOTELS & RESORTS INCServices media496.4K$40.3M3.3%+43.0%
MCO MOODY'S CORPServices media90.4K$39.4M3.2%-29.1%
PCTY PAYLOCITY HOLDING CORPTechnology341.9K$36.9M3.0%+6.2%
ICE INTERCONTINENTAL EXCHANGE INFinancials214.9K$33.8M2.8%+12.3%
CB CHUBB LTDFinancials102.7K$33.5M2.7%-48.7%
AON AON PLC-CLASS AFinancials102.7K$33.2M2.7%-45.7%
COF CAPITAL ONE FINANCIAL CORPFinancials167.2K$30.5M2.5%+15.3%
MSCI MSCI INCServices media54.3K$29.3M2.4%New
UNM UNUM GROUPFinancials372.8K$27.2M2.2%+2.8%
AJG ARTHUR J GALLAGHER & COFinancials115.7K$25.1M2.1%New
RNR RENAISSANCERE HOLDINGS LTDFinancials77.6K$23.1M1.9%New
SCHW SCHWAB (CHARLES) CORPFinancials227.6K$21.4M1.8%+428.1%
AXS AXIS CAPITAL HOLDINGS LTDFinancials203.2K$20.6M1.7%-15.6%
CPAY CORPAY INCServices media69.3K$20.2M1.7%+592.2%
GPN GLOBAL PAYMENTS INCServices media272.4K$18.3M1.5%New
AFRM AFFIRM HOLDINGS INCFinancials329.8K$15.1M1.2%+24.4%
WCN WASTE CONNECTIONS INCUtilities92.7K$15.1M1.2%New
VOYA VOYA FINANCIAL INCFinancials208.4K$14.2M1.2%New
SKWD SKYWARD SPECIALTY INSURANCEFinancials281.3K$12.3M1.0%+53.1%
SIGI SELECTIVE INSURANCE GROUPFinancials160.7K$12.1M1.0%+107.4%
AXP AMERICAN EXPRESS COFinancials36.5K$11.0M0.9%New
ENSG ENSIGN GROUP INC/THEHealthcare53.4K$10.8M0.9%-24.8%
JXN JACKSON FINANCIAL INC-AFinancials100.9K$10.7M0.9%New
IREN IREN LTDFinancials308.9K$10.6M0.9%-0.1%
BOW BOWHEAD SPECIALTY HOLDINGS IFinancials436.2K$9.8M0.8%+10.0%
BX BLACKSTONE INCFinancials80.6K$9.3M0.8%-39.2%
CTSH COGNIZANT TECH SOLUTIONS-ATechnology149.1K$9.1M0.7%New
TRU TRANSUNIONServices media130.7K$9.0M0.7%+5.2%
CBOE CBOE GLOBAL MARKETS INCFinancials31.7K$8.9M0.7%-77.9%
RGA REINSURANCE GROUP OF AMERICAFinancials41.2K$8.4M0.7%New
THG HANOVER INSURANCE GROUP INC/Financials46.8K$8.1M0.7%-34.0%
EQH EQUITABLE HOLDINGS INCFinancials210.0K$7.8M0.6%New
KKR KKR & CO INCFinancials78.4K$7.3M0.6%+146.5%
AFG AMERICAN FINANCIAL GROUP INCFinancials53.8K$6.9M0.6%+38.0%
LPLA LPL FINANCIAL HOLDINGS INCFinancials22.0K$6.6M0.5%New
HUT HUT 8 CORPFinancials132.0K$6.2M0.5%-46.4%
APLD APPLIED DIGITAL CORPTechnology254.9K$6.1M0.5%+152.9%
NP NEPTUNE INSURANCE HOLDI-CL AFinancials229.0K$5.5M0.5%+5.7%
TPG TPG INCFinancials127.5K$5.2M0.4%-82.9%
RIOT RIOT PLATFORMS INCFinancials341.1K$4.2M0.3%New
QTWO Q2 HOLDINGS INCTechnology88.3K$4.2M0.3%New
RCL ROYAL CARIBBEAN CRUISES LTDIndustrials10.4K$2.9M0.2%New
TWFG TWFG INCFinancials128.7K$2.4M0.2%-23.9%
WULF TERAWULF INCFinancials160.6K$2.3M0.2%-77.7%
HGTY HAGERTY INC-AFinancials202.0K$2.1M0.2%Held
QNST QUINSTREET INCServices media161.0K$1.9M0.2%-73.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202669$1.22B $K fixed canonicalSEC ↗
Q4 202513F-HRFeb 17, 202676$1.53B $K fixed canonicalSEC ↗
Q3 202513F-HRNov 14, 202565$1.15B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 14, 202571$1.31B $K fixed canonicalSEC ↗
Q1 202513F-HRMay 15, 202564$1.17B $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 14, 202563$1.11B $K fixed canonicalSEC ↗
Q3 202413F-HRNov 14, 202463$11.8M $K fixed canonicalSEC ↗
Q2 202413F-HRAug 14, 202457$1.04B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 15, 202450$1.05B $K fixed canonicalSEC ↗