Turas Capital Management LP

Fundamental concentrated ★Signal CIK 2077058
League rank
#905
in Fundamental concentrated · #7179 overall
Long book
$391.6M
Q1 2026
Positions
37
Top-10 weight
73%
concentration
Last quarter
+3.4%
SPY +14.8%
Turnover
89%
of book per quarter

Strategy in plain words

auto-generated from filings

Turas Capital Management LP is a concentrated fundamental stock-picker, running a $391.6M US long book across 37 positions.

The portfolio is concentrated: the top 10 names carry 73% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: CANADIAN NATURAL RESOURCES, TFI INTERNATIONAL INC, DIAMONDBACK ENERGY INC, SHELL PLC-ADR, ALLEGIANT TRAVEL CO.

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
Q4 2025
+21.3%
Q1 2026
+3.4%

Sector allocation

Industrials
47%
Energy
41%
Materials
6%
Other
6%

Long book by quarter

$298.2M
Q4 2025
$391.6M
Q1 2026

What does Turas Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CNQ CANADIAN NATURAL RESOURCESEnergy913.3K$44.5M11.4%New
TFII TFI INTERNATIONAL INCIndustrials394.4K$42.8M10.9%New
FANG DIAMONDBACK ENERGY INCEnergy201.7K$39.9M10.2%New
ALGT ALLEGIANT TRAVEL COIndustrials364.2K$29.5M7.5%+2295.8%
LSTR LANDSTAR SYSTEM INCIndustrials183.5K$29.4M7.5%New
COP CONOCOPHILLIPSEnergy154.2K$20.3M5.2%+42.7%
CVX CHEVRON CORPEnergy93.5K$19.3M4.9%New
CC CHEMOURS CO/THEMaterials736.8K$16.2M4.1%New
EOG EOG RESOURCES INCEnergy67.9K$9.8M2.5%New
FLR FLUOR CORPIndustrials197.4K$9.2M2.4%New
CARR CARRIER GLOBAL CORPIndustrials163.4K$9.2M2.3%+262.3%
ALK ALASKA AIR GROUP INCIndustrials162.9K$6.0M1.5%New
LYB LYONDELLBASELL INDU-CL AOther64.5K$5.2M1.3%-40.7%
BKR BAKER HUGHES COIndustrials84.3K$5.1M1.3%-67.4%
NESR NATIONAL ENERGY SERVICES REUEnergy220.8K$4.7M1.2%New
FDX FEDEX CORPIndustrials12.0K$4.3M1.1%New
IP INTERNATIONAL PAPER COOther119.6K$4.3M1.1%+133.6%
AGCO AGCO CORPIndustrials36.5K$4.2M1.1%New
AXTA AXALTA COATING SYSTEMS LTDOther152.1K$4.2M1.1%New
DE DEERE & COIndustrials7.3K$4.1M1.1%New
B BARRICK MINING CORPMaterials91.7K$3.7M1.0%New
TSLA TESLA INCIndustrials10.0K$3.7M0.9%+354.5%
LUV SOUTHWEST AIRLINES COIndustrials96.5K$3.6M0.9%New
HESM HESS MIDSTREAM LP - CLASS AEnergy88.4K$3.4M0.9%New
KNX KNIGHT-SWIFT TRANSPORTATIONIndustrials55.9K$3.2M0.8%New
EMR EMERSON ELECTRIC COIndustrials24.5K$3.2M0.8%New
ECL ECOLAB INCOther12.0K$3.2M0.8%+114.9%
SLB SLB LTDEnergy61.1K$3.1M0.8%New
CF CF INDUSTRIES HOLDINGS INCOther22.4K$2.9M0.7%New
JCI JOHNSON CONTROLS INTERNATIONIndustrials16.3K$2.1M0.5%New
ATMU ATMUS FILTRATION TECHNOLOGIEIndustrials35.9K$2.0M0.5%New
CRH CRH PLCIndustrials16.9K$1.8M0.5%New
XPO XPO INCIndustrials5.7K$1.1M0.3%New
AMR ALPHA METALLURGICAL RESOURCEMaterials5.0K$1.0M0.3%+31.6%
CNR CORE NATURAL RESOURCES INCMaterials4.7K$496K0.1%+12.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202637$391.6M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202663$298.2M canonicalSEC ↗