Helix Partners Management LP
Long book
$156.7M
Q1 2026
Positions
11
Top-10 weight
100%
concentration
Last quarter
+20.3%
SPY +14.8%
Turnover
38%
of book per quarter
Strategy in plain words
auto-generated from filingsHelix Partners Management LP is a concentrated fundamental stock-picker, specialised in financials (61% of the long book), running a $156.7M US long book across 11 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: CORE SCIENTIFIC INC, GLOBAL NET LEASE INC, ECHOSTAR CORP-A, CAPITAL ONE FINANCIAL CORP, PENNYMAC FINANCIAL SERVICES.
Over the last 6 quarters its long book ran on average 11.1pp per quarter ahead of the S&P 500, beating the index in 4 of 6 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
Q4 2024
-25.0%
Q1 2025
+64.4%
Q2 2025
+33.5%
Q3 2025
-2.6%
Q4 2025
+3.8%
Q1 2026
+20.3%
Sector allocation
Financials 76%
Communications 19%
Industrials 5%
Healthcare 0%
Long book by quarter
What does Helix Partners own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| CORZ CORE SCIENTIFIC INC | Financials | 4.4M | $66.0M | 42.1% | -21.2% |
| ECHO ECHOSTAR CORP-A | Communications | 181.3K | $21.2M | 13.5% | -24.5% |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 77.1K | $14.1M | 9.0% | +600.9% |
| PFSI PENNYMAC FINANCIAL SERVICES | Financials | 79.0K | $6.9M | 4.4% | New |
| RCL ROYAL CARIBBEAN CRUISES LTD | Industrials | 20.9K | $5.8M | 3.7% | New |
| SYF SYNCHRONY FINANCIAL | Financials | 77.0K | $5.2M | 3.3% | +75.0% |
| CIFR CIPHER DIGITAL INC | Financials | 279.2K | $3.6M | 2.3% | New |
| OPTU OPTIMUM COMMUNICATIONS INC-A | Communications | 1.7M | $2.2M | 1.4% | +36.0% |
| CYH COMMUNITY HEALTH SYSTEMS INC | Healthcare | 200.0K | $588K | 0.4% | -46.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 13 | $373.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 12 | $297.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 9 | $238.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 14 | $265.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 12 | $336.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 19 | $570.6M | canonical | SEC ↗ |