Rivermont Capital Management LP

Fundamental concentrated ★Signal CIK 1965613
League rank
#280
in Fundamental concentrated · #518 overall
Long book
$474.7M
Q1 2026
Positions
20
Top-10 weight
65%
concentration
Last quarter
+21.0%
SPY +14.8%
Turnover
60%
of book per quarter

Strategy in plain words

auto-generated from filings

Rivermont Capital Management LP is a concentrated fundamental stock-picker, running a $474.7M US long book across 20 positions.

The portfolio is concentrated: the top 10 names carry 65% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SEAGATE TECHNOLOGY HOLDINGS, SENSIENT TECHNOLOGIES CORP, WESTERN DIGITAL CORP, SPOTIFY TECHNOLOGY SA, WILLIAMS COS INC.

Over the last 9 quarters its long book ran on average 1.5pp per quarter ahead of the S&P 500, beating the index in 5 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
-7.1%
Q2 2024
+10.7%
Q3 2024
-0.2%
Q4 2024
-6.3%
Q1 2025
+19.1%
Q2 2025
+12.8%
Q3 2025
+2.2%
Q4 2025
+2.1%
Q1 2026
+21.0%

Sector allocation

Technology
27%
Consumer discretionary
23%
Other
23%
Industrials
7%
Communications
7%
Utilities
6%
Materials
5%
Consumer staples
2%

Long book by quarter

$272.8M
Q1 2024
$233.6M
Q2 2024
$212.2M
Q3 2024
$265.5M
Q4 2024
$434.7M
Q1 2025
$313.7M
Q2 2025
$378.6M
Q3 2025
$421.0M
Q4 2025
$474.7M
Q1 2026

What does Rivermont Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
STXN SEAGATE TECHNOLOGY HOLDINGS122.1K$47.8M10.1%+4.8%
SXT SENSIENT TECHNOLOGIES CORPOther552.4K$47.8M10.1%+61.5%
WDC WESTERN DIGITAL CORPTechnology115.7K$31.3M6.6%-25.0%
SPOT SPOTIFY TECHNOLOGY SACommunications63.9K$31.0M6.5%+25.7%
WMB WILLIAMS COS INCUtilities372.1K$27.1M5.7%New
ROST ROSS STORES INCConsumer discretionary123.1K$26.7M5.6%+0.2%
LITE LUMENTUM HOLDINGS INCTechnology35.6K$25.0M5.3%New
FERG FERGUSON ENTERPRISES INCConsumer discretionary103.1K$24.0M5.1%+24.1%
FND FLOOR & DECOR HOLDINGS INC-AConsumer discretionary450.6K$22.9M4.8%+106.3%
TTMI TTM TECHNOLOGIESTechnology224.5K$21.9M4.6%-40.6%
LIN LINDE PLCMaterials43.0K$21.3M4.5%New
CLS CELESTICA INCTechnology74.3K$20.9M4.4%-7.0%
MKSI MKS INCTechnology87.5K$20.1M4.2%New
SITE SITEONE LANDSCAPE SUPPLY INCConsumer discretionary139.7K$18.6M3.9%New
CHRW C.H. ROBINSON WORLDWIDE INCIndustrials109.3K$18.2M3.8%+2.7%
WWD WOODWARD INCIndustrials38.8K$13.9M2.9%-49.6%
WING WINGSTOP INCConsumer discretionary82.0K$12.7M2.7%+32.3%
JBS JBS NV-AConsumer staples550.0K$9.9M2.1%New
ONON ON HOLDING AG-CLASS AOther256.9K$8.7M1.8%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202620$474.7M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202622$421.0M canonicalSEC ↗
Q3 202513F-HRNov 13, 202519$378.6M canonicalSEC ↗
Q2 202513F-HRAug 14, 202517$313.7M canonicalSEC ↗
Q1 202513F-HR/ANEW HOLDINGSMay 16, 202518$237.0M canonicalSEC ↗
Q1 202513F-HRMay 14, 202517$197.7M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202519$265.5M canonicalSEC ↗
Q3 202413F-HRNov 13, 202417$212.2M canonicalSEC ↗
Q2 202413F-HRAug 14, 202419$233.6M canonicalSEC ↗
Q1 202413F-HRMay 14, 202419$272.8M canonicalSEC ↗