Hestia Capital Management, LLC
Long book
$96.3M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
+51.6%
SPY +14.8%
Turnover
25%
of book per quarter
Strategy in plain words
auto-generated from filingsHestia Capital Management, LLC is a diversified fundamental manager, specialised in technology (94% of the long book), running a $96.3M US long book across 4 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: PITNEY BOWES INC, KOHLS CORP, FLOWERS FOODS INC, QVC GROUP INC.
Over the last 6 quarters its long book ran on average 12.3pp 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
+24.1%
Q1 2025
+21.2%
Q2 2025
+6.5%
Q3 2025
-5.6%
Q4 2025
+3.5%
Q1 2026
+51.6%
Sector allocation
Technology 94%
Consumer discretionary 4%
Consumer staples 2%
Long book by quarter
What does Hestia Capital own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 17 | $111.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 29, 2026 | 22 | $120.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 28, 2025 | 17 | $157.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 10 | $146.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 4 | $127.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 28, 2025 | 30 | $145.3M | canonical | SEC ↗ |