One Fin Capital Management LP
Long book
$234.7M
Q1 2026
Positions
18
Top-10 weight
77%
concentration
Last quarter
+9.7%
SPY +14.8%
Turnover
48%
of book per quarter
Strategy in plain words
auto-generated from filingsOne Fin Capital Management LP is a concentrated fundamental stock-picker, running a $234.7M US long book across 18 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: NEXTPOWER INC-CL A, NORFOLK SOUTHERN CORP, WARNER BROS DISCOVERY INC, AMRIZE LTD, ROCKET COS INC-CLASS A.
Over the last 9 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 4 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
-4.6%
Q2 2024
+17.8%
Q3 2024
+1.2%
Q4 2024
-9.6%
Q1 2025
+12.3%
Q2 2025
+8.8%
Q3 2025
+10.9%
Q4 2025
-6.1%
Q1 2026
+9.7%
Sector allocation
Industrials 30%
Technology 24%
Financials 14%
Communications 9%
Materials 6%
Other 5%
Utilities 5%
Healthcare 4%
Long book by quarter
What does One Fin own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NXT NEXTPOWER INC-CL A | Technology | 300.0K | $36.2M | 15.4% | Held |
| NSC NORFOLK SOUTHERN CORP | Industrials | 80.0K | $23.0M | 9.8% | Held |
| WBD WARNER BROS DISCOVERY INC | Communications | 760.0K | $20.9M | 8.9% | +21.6% |
| AMRZ AMRIZE LTD | Industrials | 338.0K | $18.9M | 8.1% | Held |
| RKT ROCKET COS INC-CLASS A | Financials | 1.2M | $17.1M | 7.3% | -9.8% |
| APTV APTIV PLC | Industrials | 225.0K | $15.6M | 6.7% | New |
| SOLS SOLSTICE ADV MATERIALS INC | Materials | 190.0K | $14.5M | 6.2% | -41.5% |
| GNRC GENERAC HOLDINGS INC | Industrials | 67.0K | $13.1M | 5.6% | New |
| PCG P G & E CORP | Utilities | 625.0K | $11.0M | 4.7% | New |
| PINS PINTEREST INC- CLASS A | Technology | 590.0K | $10.8M | 4.6% | New |
| YETI YETI HOLDINGS INC | Other | 267.1K | $9.8M | 4.2% | -11.0% |
| PCSC PERCEPTIVE CAPITAL SOLUTIONS | Healthcare | 843.5K | $9.3M | 3.9% | +93.1% |
| UNH UNITEDHEALTH GROUP INC | Financials | 33.0K | $8.9M | 3.8% | New |
| CRNC CERENCE INC | Technology | 1.3M | $8.2M | 3.5% | +80.6% |
| DRVN DRIVEN BRANDS HOLDINGS INC | Services media | 500.0K | $6.3M | 2.7% | -69.5% |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 33.0K | $6.0M | 2.6% | -74.9% |
| PRMB PRIMO BRANDS CORP | Consumer staples | 150.0K | $2.8M | 1.2% | New |
| JELD JELD-WEN HOLDING INC | Other | 1.9M | $2.4M | 1.0% | -4.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 20 | $280.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 19 | $308.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 20 | $304.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 18 | $295.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 14 | $204.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 18 | $231.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 18 | $264.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 20 | $278.8M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 25 | $292.9M | canonical | SEC ↗ |
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