Soroban Capital Partners LP

Fundamental concentrated ★Highest signal CIK 1517857
League rank
#627
in Fundamental concentrated · #3734 overall
Long book
$13.98B
Q1 2026
Positions
27
Top-10 weight
72%
concentration
Last quarter
+11.6%
SPY +14.8%
Turnover
17%
of book per quarter

Strategy in plain words

auto-generated from filings

Soroban Capital Partners LP is a concentrated fundamental stock-picker, running a $13.98B US long book across 27 positions.

The portfolio is concentrated: the top 10 names carry 72% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: AMAZON.COM INC, MICROSOFT CORP, MASTERCARD INC - A, TRANSDIGM GROUP INC, DOMINO'S PIZZA INC.

Over the last 9 quarters its long book ran on average 0.1pp 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
-0.5%
Q2 2024
+7.7%
Q3 2024
+3.4%
Q4 2024
-2.6%
Q1 2025
+15.1%
Q2 2025
+9.6%
Q3 2025
+2.5%
Q4 2025
-5.8%
Q1 2026
+11.6%

Sector allocation

Services media
27%
Technology
26%
Consumer discretionary
24%
Utilities
14%
Industrials
8%
Other
2%

Long book by quarter

$6.62B
Q1 2024
$6.81B
Q2 2024
$7.23B
Q3 2024
$7.47B
Q4 2024
$7.09B
Q1 2025
$10.25B
Q2 2025
$12.16B
Q3 2025
$13.67B
Q4 2025
$13.98B
Q1 2026

What does Soroban Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AMZN AMAZON.COM INCConsumer discretionary8.4M$1.74B12.5%+41.2%
MSFT MICROSOFT CORPTechnology3.6M$1.33B9.5%-7.8%
MA MASTERCARD INC - AServices media2.5M$1.23B8.8%+30.5%
TDG TRANSDIGM GROUP INCIndustrials856.2K$992.3M7.1%+14.5%
DPZ DOMINO'S PIZZA INCConsumer discretionary2.5M$895.3M6.4%New
V VISA INC-CLASS A SHARESServices media3.0M$895.0M6.4%+19.2%
META META PLATFORMS INC-CLASS ATechnology1.4M$801.0M5.7%+19.4%
EFX EQUIFAX INCServices media4.2M$753.5M5.4%+310.5%
SPGI S&P GLOBAL INCServices media1.7M$718.2M5.1%+260.3%
GOOG ALPHABET INC-CL CTechnology2.1M$611.4M4.4%-40.4%
FERG FERGUSON ENTERPRISES INCConsumer discretionary2.4M$559.4M4.0%-19.5%
PNW PINNACLE WEST CAPITALUtilities3.9M$388.4M2.8%+34.0%
WDC WESTERN DIGITAL CORPTechnology1.1M$310.1M2.2%Held
DTE DTE ENERGY COMPANYUtilities2.0M$298.1M2.1%+2.0%
SO SOUTHERN CO/THEUtilities2.4M$229.3M1.6%-61.0%
NI NISOURCE INCUtilities4.5M$209.7M1.5%-16.6%
STXN SEAGATE TECHNOLOGY HOLDINGS534.4K$209.3M1.5%Held
ETR ENTERGY CORPUtilities1.7M$193.6M1.4%-46.5%
NXPI NXP SEMICONDUCTORS NVTechnology863.3K$169.9M1.2%New
GOOGL ALPHABET INC-CL ATechnology531.9K$152.9M1.1%-36.7%
AEP AMERICAN ELECTRIC POWERUtilities1.1M$148.3M1.1%-55.9%
WEC WEC ENERGY GROUP INCUtilities1.2M$138.7M1.0%-13.7%
AEE AMEREN CORPORATIONUtilities1.2M$137.2M1.0%Held
CMS CMS ENERGY CORPUtilities1.1M$82.1M0.6%Held
QSR RESTAURANT BRANDS INTERNConsumer discretionary172.0K$12.7M0.1%-42.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202630$51.80B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202629$14.33B canonicalSEC ↗
Q3 202513F-HRNov 14, 202530$13.26B canonicalSEC ↗
Q2 202513F-HRAug 14, 202529$10.25B canonicalSEC ↗
Q1 202513F-HRMay 15, 202527$7.09B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202524$7.47B canonicalSEC ↗
Q3 202413F-HRNov 14, 202424$7.23B canonicalSEC ↗
Q2 202413F-HRAug 14, 202425$6.81B canonicalSEC ↗
Q1 202413F-HRMay 15, 202424$6.62B canonicalSEC ↗