Solel Partners LP

Fundamental concentrated ★Highest signal CIK 1790604
League rank
#212
in Fundamental concentrated · #366 overall
Long book
$467.7M
Q1 2026
Positions
19
Top-10 weight
78%
concentration
Last quarter
+23.8%
SPY +14.8%
Turnover
22%
of book per quarter

Strategy in plain words

auto-generated from filings

Solel Partners LP is a concentrated fundamental stock-picker, running a $467.7M US long book across 19 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: UNITEDHEALTH GROUP INC, SYNCHRONY FINANCIAL, BRAZE INC-A, TRAVEL + LEISURE CO, CVS HEALTH CORP.

Over the last 9 quarters its long book ran on average 3pp per quarter behind the S&P 500, beating the index in 4 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
-4.3%
Q2 2024
-4.1%
Q3 2024
-6.1%
Q4 2024
+2.5%
Q1 2025
+3.3%
Q2 2025
+8.2%
Q3 2025
+5.0%
Q4 2025
-15.1%
Q1 2026
+23.8%

Sector allocation

Financials
33%
Services media
27%
Technology
16%
Consumer discretionary
14%
Healthcare
9%
Other
1%

Long book by quarter

$561.9M
Q1 2024
$594.0M
Q2 2024
$490.9M
Q3 2024
$492.9M
Q4 2024
$540.1M
Q1 2025
$574.5M
Q2 2025
$519.8M
Q3 2025
$618.2M
Q4 2025
$467.7M
Q1 2026

What does Solel Partners own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
UNH UNITEDHEALTH GROUP INCFinancials206.5K$55.9M11.9%Held
SYF SYNCHRONY FINANCIALFinancials739.0K$50.3M10.7%Held
BRZE BRAZE INC-ATechnology1.7M$39.5M8.4%+31.4%
TNL TRAVEL + LEISURE COServices media552.6K$38.2M8.2%Held
CVS CVS HEALTH CORPHealthcare493.7K$35.5M7.6%-16.8%
AMZN AMAZON.COM INCConsumer discretionary148.3K$30.9M6.6%New
HUM HUMANA INCFinancials169.6K$29.4M6.3%+49.4%
HLF HERBALIFE LTDConsumer discretionary1.9M$27.4M5.9%Held
WEX WEX INCServices media167.0K$25.6M5.5%Held
CXM SPRINKLR INC-ATechnology3.6M$21.9M4.7%+15.9%
DKNG DRAFTKINGS INC-CL AServices media897.2K$19.4M4.1%-23.9%
BRSL BRIGHTSTAR LOTTERY PLCServices media1.4M$18.1M3.9%-49.2%
XPOF XPONENTIAL FITNESS INC-AServices media1.2M$7.5M1.6%Held
LAW CS DISCO INCTechnology1.0M$4.0M0.9%Held
BIOX BIOCERES CROP SOLUTIONS CORPOther4.6M$2.0M0.4%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202619$467.7M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202622$618.2M canonicalSEC ↗
Q3 202513F-HRNov 14, 202519$519.8M canonicalSEC ↗
Q2 202513F-HRAug 14, 202520$574.5M canonicalSEC ↗
Q1 202513F-HRMay 15, 202521$540.1M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202522$510.7M canonicalSEC ↗
Q3 202413F-HRNov 14, 202418$509.7M canonicalSEC ↗
Q2 202413F-HRAug 14, 202422$613.9M canonicalSEC ↗
Q1 202413F-HRMay 15, 202420$603.6M canonicalSEC ↗