140 Summer Partners LP

Name: 140 Summer Partners LP 13F holdings, Q1 2024
Creator: 140 Summer Partners LP
Published: 2024-05-15

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), 140 Summer Partners LP reported 13 stock positions worth $711.8 million. Its top holding was Aercap (AER) at 11.2% of the portfolio, followed by Progressive (PGR, 10.7%) and Western Alliance Bancorp (WAL, 10.6%). Compared with Q4 2023, it opened 3 new positions, sold out of 1, added to 5 and reduced 4. The biggest buy was a new position in General Motors (GM) and the biggest sale Somnigroup International (SGI, shares −25%).

Most Recent 13F: Q2 2026
Location: New York, NY
CIK: 0001820788
Portfolio Value: $711.8M (Q1 2024)
SEC Filing: 0000919574-24-003010 ↗ filed May 15, 2024

Holdings Value

Holdings 13 stocks · $711.8M


AER Aercap Holdings NV	11.21%	917,991	$79.8M	Reduce -4.7%
PGR Progressive Corp.	10.74%	369,600	$76.4M	Reduce -3.1%
WAL Western Alliance Bancorp	10.64%	1,180,256	$75.8M	Add +9.1%
CZR Caesars Entertainment Inc.	9.45%	1,537,225	$67.2M	Add +1.4%
TMUS T-Mobile US Inc.	8.94%	389,820	$63.6M	No change
ELV Elevance Health Inc.	8.40%	115,359	$59.8M	Add +55.5%
V Visa Inc. Class A	7.22%	184,200	$51.4M	Add +6.3%
CRH CRH PLC	6.90%	569,472	$49.1M	Add +70.4%
GM General Motors Co.	6.52%	1,023,800	$46.4M	New
SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC	6.28%	786,391	$44.7M	Reduce -24.8%
TOL Toll Brothers Inc.	6.13%	337,244	$43.6M	New
ECHO Echostar Corp. Class A	5.28%	2,634,964	$37.5M	New
HUM Humana Inc.	2.29%	47,030	$16.3M	Reduce -9.6%

Options reported separately and not counted above: MPT puts ($3.8M).

Other holdings (3): bonds, preferreds, convertibles and warrants · $90.3M (not counted above)

Security	Class	Shares / Principal	Value	Change
UPSTART HOLDINGS INC (UPST 0.25 08/15/26)	NOTE 0.250% 8/1 · principal	63,931,000	$49.9M	No change
DISH NETWORK CORP (DISH 3.375 08/15/26)	NOTE 3.375% 8/1 · principal	40,191,000	$25.0M	New
DISH NETWORK CORP (DISH 0 12/15/25)	NOTE 12/1 · principal	21,500,000	$15.4M	New

Total filed on the 13F, all lines: $802.1M.

Portfolio Sells Q4 2023 → Q1 2024


SGI Somnigroup International Inc.	Reduce -24.8%	6.28%	−3.72
RRX Regal Rexnord Corp.	Sold out	0.00%	−3.00
AER Aercap Holdings NV	Reduce -4.7%	11.21%	−2.21
HUM Humana Inc.	Reduce -9.6%	2.29%	−2.17
PGR Progressive Corp.	Reduce -3.1%	10.74%	−0.65

Portfolio Buys Q4 2023 → Q1 2024


GM General Motors Co.	New	6.52%	+6.52
TOL Toll Brothers Inc.	New	6.13%	+6.13
ECHO Echostar Corp. Class A	New	5.28%	+5.28
CRH CRH PLC	Add +70.4%	6.90%	+2.57
ELV Elevance Health Inc.	Add +55.5%	8.40%	+1.84
V Visa Inc. Class A	Add +6.3%	7.22%	−1.24
WAL Western Alliance Bancorp	Add +9.1%	10.64%	−2.70
CZR Caesars Entertainment Inc.	Add +1.4%	9.45%	−3.87

Options Activity Q4 2023 → Q1 2024


MPT Medical Properties Trust Inc.	put	New	807,400	$3.8M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2023 → Q1 2024


DISH NETWORK CORP (DISH 3.375 08/15/26)	NOTE 3.375% 8/1 · principal	New	40,191,000	$25.0M
DISH NETWORK CORP (DISH 0 12/15/25)	NOTE 12/1 · principal	New	21,500,000	$15.4M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	20	$1.2B	VSAT, MTZ, KGS, GLPI, SGI
Q1 2026	20	$1.1B	MTZ, PCG, VIK, GLPI, TMUS
Q4 2025	19	$1.3B	COF, ECHO, PFSI, WBS, AER
Q3 2025	19	$1.1B	COF, MTZ, CRH, AER, WBS
Q2 2025	13	$772.8M	COF, AER, COOP, PGR, VST
Q1 2025	14	$740.5M	PGR, AER, UNH, TMUS, VST
Q4 2024	15	$765.8M	PGR, AER, TMUS, COF, COOP
Q3 2024	15	$753.8M	AER, PGR, WAL, TMUS, CZR
Q2 2024	13	$726.0M	PGR, AER, CZR, WAL, TMUS
Q1 2024	13	$711.8M	AER, PGR, WAL, CZR, TMUS