Hiddenite Capital Partners LP
Long book
$166.0M
Q1 2026
Positions
13
Top-10 weight
87%
concentration
Last quarter
+10.5%
SPY +14.8%
Turnover
80%
of book per quarter
Strategy in plain words
auto-generated from filingsHiddenite Capital Partners LP is a concentrated fundamental stock-picker, running a $166.0M US long book across 13 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: NRG ENERGY INC, APPLOVIN CORP-CLASS A, BROOKDALE SENIOR LIVING INC, TAIWAN SEMICONDUCTOR-SP ADR, LEGENCE CORP-CL A.
Over the last 9 quarters its long book ran on average 8.8pp per quarter ahead of the S&P 500, beating the index in 6 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
+9.6%
Q2 2024
+15.4%
Q3 2024
+30.3%
Q4 2024
-8.5%
Q1 2025
+27.9%
Q2 2025
+26.8%
Q3 2025
+1.0%
Q4 2025
+6.9%
Q1 2026
+10.5%
Sector allocation
Energy 26%
Utilities 25%
Technology 16%
Healthcare 10%
Industrials 9%
Financials 7%
Consumer discretionary 6%
Long book by quarter
What does Hiddenite Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NRG NRG ENERGY INC | Utilities | 151.0K | $22.1M | 13.3% | +67.8% |
| APP APPLOVIN CORP-CLASS A | Technology | 40.0K | $15.9M | 9.6% | New |
| BKD BROOKDALE SENIOR LIVING INC | Healthcare | 1.1M | $15.3M | 9.2% | New |
| LGN LEGENCE CORP-CL A | Industrials | 245.0K | $13.8M | 8.3% | +60.5% |
| AR ANTERO RESOURCES CORP | Energy | 325.0K | $13.8M | 8.3% | New |
| EXE EXPAND ENERGY CORP | Energy | 120.0K | $13.2M | 7.9% | New |
| EQT EQT CORP | Energy | 200.0K | $12.7M | 7.7% | New |
| VST VISTRA CORP | Utilities | 80.0K | $12.0M | 7.2% | New |
| SNEX STONEX GROUP INC | Financials | 133.4K | $10.8M | 6.5% | +50.0% |
| NVDA NVIDIA CORP | Technology | 50.0K | $8.7M | 5.3% | Held |
| SYY SYSCO CORP | Consumer discretionary | 120.0K | $8.6M | 5.2% | New |
| EE EXCELERATE ENERGY INC-A | Utilities | 125.0K | $4.2M | 2.5% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 7, 2026 | 25 | $381.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 5, 2026 | 36 | $771.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 29, 2025 | 30 | $551.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 5, 2025 | 28 | $382.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 35 | $287.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 39 | $359.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 5, 2024 | 39 | $305.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 7, 2024 | 40 | $319.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 8, 2024 | 35 | $260.3M | canonical | SEC ↗ |
Similar funds
Sanders Capital, LLCGATES FOUNDATION TRUSTEAGLE CAPITAL MANAGEMENT LLCWoodbridge Co LtdAlecta Tjanstepension OmsesidigtMubadala Investment Co PJSCH&H International Investment, LLCNewlands Management Operations LLCINVESTOR ABIndependent Franchise Partners LLPPineStone Asset Management Inc.Pentwater Capital Management LP