Mount Capital Ltd

Fundamental concentrated ★Highest signal CIK 1896379
League rank
#824
in Fundamental concentrated · #6835 overall
Long book
$248.2M
Q1 2026
Positions
18
Top-10 weight
89%
concentration
Last quarter
+6.4%
SPY +14.8%
Turnover
11%
of book per quarter

Strategy in plain words

auto-generated from filings

Mount Capital Ltd is a concentrated fundamental stock-picker, running a $248.2M US long book across 18 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: SCHWAB (CHARLES) CORP, WELLS FARGO & CO, CROWN HOLDINGS INC, CHARTER COMMUNICATIONS INC-A, MODERNA INC.

Over the last 9 quarters its long book ran on average 3.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-3.2%
Q2 2024
+8.5%
Q3 2024
+4.1%
Q4 2024
+5.1%
Q1 2025
+7.0%
Q2 2025
-7.7%
Q3 2025
-3.8%
Q4 2025
-6.1%
Q1 2026
+6.4%

Sector allocation

Financials
35%
Communications
20%
Industrials
17%
Consumer staples
10%
Healthcare
9%
Consumer discretionary
7%
Services media
3%

Long book by quarter

$237.2M
Q1 2024
$249.5M
Q2 2024
$285.6M
Q3 2024
$281.9M
Q4 2024
$310.3M
Q1 2025
$310.2M
Q2 2025
$278.8M
Q3 2025
$247.5M
Q4 2025
$248.2M
Q1 2026

What does Mount Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
SCHW SCHWAB (CHARLES) CORPFinancials460.3K$43.3M17.4%-12.2%
WFC WELLS FARGO & COFinancials431.2K$34.3M13.8%Held
CCK CROWN HOLDINGS INCIndustrials285.0K$28.6M11.5%-19.2%
CHTR CHARTER COMMUNICATIONS INC-ACommunications98.7K$21.3M8.6%Held
MRNA MODERNA INCHealthcare395.2K$20.1M8.1%New
LBRDK LIBERTY BROADBAND-CCommunications360.5K$18.1M7.3%Held
NOMD NOMAD FOODS LTDConsumer staples1.8M$17.1M6.9%Held
KMX CARMAX INCConsumer discretionary410.4K$17.1M6.9%Held
DCH DAUCH CORPORATIONIndustrials1.6M$9.3M3.8%New
OPTU OPTIMUM COMMUNICATIONS INC-ACommunications3.9M$5.1M2.0%Held
SPGI S&P GLOBAL INCServices media11.2K$4.8M1.9%Held
PM PHILIP MORRIS INTERNATIONALConsumer staples22.5K$3.7M1.5%Held
KHC KRAFT HEINZ CO/THEConsumer staples106.4K$2.4M1.0%Held
DIS WALT DISNEY CO/THEServices media14.0K$1.3M0.5%Held
STT STATE STREET CORPFinancials9.3K$1.2M0.5%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202618$248.2M canonicalSEC ↗
Q4 202513F-HRFeb 11, 202616$247.5M canonicalSEC ↗
Q3 202513F-HRNov 13, 202516$278.8M canonicalSEC ↗
Q2 202513F-HRAug 13, 202518$310.2M canonicalSEC ↗
Q1 202513F-HRMay 15, 202518$310.3M canonicalSEC ↗
Q4 202413F-HRFeb 13, 202517$281.9M canonicalSEC ↗
Q3 202413F-HRNov 13, 202418$285.6M canonicalSEC ↗
Q2 202413F-HRAug 9, 202418$249.5M canonicalSEC ↗
Q1 202413F-HRMay 14, 202417$237.2M canonicalSEC ↗