Great Mountain Partners LLC

Fundamental diversified ★Signal utilities specialist (100%) CIK 1815467
Long book
$15.1M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
-39.0%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Great Mountain Partners LLC is a diversified fundamental manager, specialised in utilities (100% of the long book), running a $15.1M US long book across 1 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NEW FORTRESS ENERGY INC.

Over the last 9 quarters its long book ran on average 36.1pp per quarter behind the S&P 500, beating the index in 1 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
-13.1%
Q2 2024
-30.3%
Q3 2024
+32.0%
Q4 2024
-44.1%
Q1 2025
-60.0%
Q2 2025
-33.4%
Q3 2025
-48.4%
Q4 2025
-48.2%
Q1 2026
-39.0%

Sector allocation

Utilities
100%

Long book by quarter

$953.9M
Q1 2024
$825.6M
Q2 2024
$572.0M
Q3 2024
$403.9M
Q4 2024
$212.4M
Q1 2025
$84.9M
Q2 2025
$56.5M
Q3 2025
$29.1M
Q4 2025
$15.1M
Q1 2026

What does Great Mountain own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NFE NEW FORTRESS ENERGY INCUtilities25.6M$15.1M100.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 20261$15.1M canonicalSEC ↗
Q4 202513F-HRFeb 9, 20261$29.1M canonicalSEC ↗
Q3 202513F-HRNov 13, 20251$56.5M canonicalSEC ↗
Q2 202513F-HRAug 11, 20251$84.9M canonicalSEC ↗
Q1 202513F-HRApr 24, 20251$212.4M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20252$403.9M canonicalSEC ↗
Q3 202413F-HRNov 12, 20242$572.0M canonicalSEC ↗
Q2 202413F-HRAug 12, 20242$825.6M canonicalSEC ↗
Q1 202413F-HRMay 15, 20242$953.9M canonicalSEC ↗