Nitor Capital Management LLC

Fundamental concentrated ★Highest signal CIK 2019017
League rank
#955
in Fundamental concentrated · #7321 overall
Long book
$129.9M
Q1 2026
Positions
24
Top-10 weight
85%
concentration
Last quarter
-0.3%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Nitor Capital Management LLC is a concentrated fundamental stock-picker, running a $129.9M US long book across 24 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: ST JOE CO/THE, TEJON RANCH CO, CF INDUSTRIES HOLDINGS INC, ENTERPRISE PRODUCTS PARTNERS, NATURAL RESOURCE PARTNERS LP.

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
Q4 2025
+14.7%
Q1 2026
-0.3%

Sector allocation

Real estate
45%
Other
15%
Utilities
12%
Materials
7%
Financials
6%
Technology
5%
Industrials
4%
Services media
3%

Long book by quarter

$112.4M
Q4 2025
$129.9M
Q1 2026

What does Nitor Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
JOE ST JOE CO/THEReal estate527.6K$33.1M25.5%-1.5%
TRC TEJON RANCH COReal estate1.7M$21.2M16.3%+24.9%
CF CF INDUSTRIES HOLDINGS INCOther121.4K$15.8M12.1%+13.5%
EPD ENTERPRISE PRODUCTS PARTNERSUtilities222.6K$8.4M6.5%Held
NRP NATURAL RESOURCE PARTNERS LPMaterials64.2K$7.9M6.1%Held
VST VISTRA CORPUtilities43.6K$6.6M5.0%+11.4%
BELFB BEL FUSE INC-CL BTechnology25.4K$5.0M3.9%Held
BOC BOSTON OMAHA CORP-CL AReal estate364.4K$4.3M3.3%-1.6%
MA MASTERCARD INC - AServices media8.2K$4.1M3.2%Held
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials8.1K$3.9M3.0%+44.8%
TPL TEXAS PACIFIC LAND CORPFinancials7.7K$3.7M2.8%+4.2%
EXP EAGLE MATERIALS INCIndustrials18.9K$3.6M2.8%+153.9%
OZK BANK OZK70.8K$3.2M2.5%+68.0%
SU SUNCOR ENERGY INCEnergy42.5K$2.8M2.2%-18.6%
BC BRUNSWICK CORPIndustrials24.2K$1.8M1.4%-13.3%
BELFA BEL FUSE INC-CL ATechnology7.0K$1.3M1.0%Held
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials1$718K0.6%Held
WMB WILLIAMS COS INCUtilities8.8K$639K0.5%-20.1%
CNR CORE NATURAL RESOURCES INCMaterials4.0K$418K0.3%-38.6%
BCPC BALCHEM CORPMaterials2.4K$407K0.3%Held
MPC MARATHON PETROLEUM CORPEnergy1.4K$335K0.3%Held
RICK RCI HOSPITALITY HOLDINGS INCConsumer discretionary10.3K$235K0.2%-40.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202624$129.9M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202624$112.4M canonicalSEC ↗