Sachem Head Capital Management LP
Long book
$4.15B
Q1 2026
Positions
19
Top-10 weight
75%
concentration
Last quarter
+20.0%
SPY +14.8%
Turnover
56%
of book per quarter
Strategy in plain words
auto-generated from filingsSachem Head Capital Management LP is an activist investor that takes positions to influence management, running a $4.15B US long book across 19 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: TALEN ENERGY CORP, ECHOSTAR CORP-A, GDS HOLDINGS LTD - ADR, PRIMO BRANDS CORP, DICK'S SPORTING GOODS 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 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
-4.1%
Q2 2024
+7.4%
Q3 2024
+6.0%
Q4 2024
-4.7%
Q1 2025
+19.9%
Q2 2025
+7.3%
Q3 2025
+7.4%
Q4 2025
-5.0%
Q1 2026
+20.0%
Sector allocation
Consumer discretionary 23%
Other 19%
Utilities 13%
Technology 12%
Healthcare 11%
Communications 9%
Consumer staples 9%
Services media 3%
Long book by quarter
What does Sachem Head own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| TLN TALEN ENERGY CORP | Utilities | 1.5M | $494.0M | 11.9% | +54.8% |
| ECHO ECHOSTAR CORP-A | Communications | 3.0M | $351.8M | 8.5% | -42.5% |
| PRMB PRIMO BRANDS CORP | Consumer staples | 17.1M | $321.9M | 7.8% | New |
| DKS DICK'S SPORTING GOODS INC | Consumer discretionary | 1.6M | $318.3M | 7.7% | +31.6% |
| TWLO TWILIO INC - A | Technology | 2.3M | $288.8M | 7.0% | Held |
| PFGC PERFORMANCE FOOD GROUP CO | Consumer discretionary | 3.4M | $287.0M | 6.9% | Held |
| CVNA CARVANA CO | Consumer discretionary | 790.0K | $248.4M | 6.0% | +26.4% |
| 0WE WEATHERFORD INTERNATIONAL PL | — | 2.5M | $238.8M | 5.8% | New |
| ICLR ICON PLC | Healthcare | 2.1M | $232.9M | 5.6% | New |
| GIL GILDAN ACTIVEWEAR INC | Other | 4.1M | $230.4M | 5.5% | New |
| COHR COHERENT CORP | Other | 965.0K | $229.9M | 5.5% | -40.1% |
| SHC SOTERA HEALTH CO | Healthcare | 11.6M | $167.0M | 4.0% | Held |
| ON ON SEMICONDUCTOR | Technology | 1.9M | $120.4M | 2.9% | New |
| FUN SIX FLAGS ENTERTAINMENT CORP | Services media | 5.0M | $89.3M | 2.2% | Held |
| BTDR BITDEER TECHNOLOGIES GROUP-A | Financials | 9.6M | $83.3M | 2.0% | New |
| CXM SPRINKLR INC-A | Technology | 5.7M | $34.5M | 0.8% | Held |
| AKAM AKAMAI TECHNOLOGIES INC | Services media | 235.0K | $27.0M | 0.7% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 19 | $4.15B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 20 | $4.27B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 19 | $3.54B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 19 | $3.20B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 16 | $2.49B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 14 | $1.82B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 14 | $1.91B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 16 | $2.01B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 12 | $2.34B | canonical | SEC ↗ |