140 Summer Partners LP

Name: 140 Summer Partners LP 13F holdings, Q2 2025
Creator: 140 Summer Partners LP
Published: 2025-08-14

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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), 140 Summer Partners LP reported 13 stock positions worth $772.8 million. Its top holding was Capital One Financial (COF) at 13.7% of the portfolio, followed by Aercap (AER, 11.5%) and Mr Cooper (COOP, 9.1%). Compared with Q1 2025, it opened 2 new positions, sold out of 3, added to 5 and reduced 6. The biggest buy was a new position in Western Alliance Bancorp (WAL) and the biggest sale an exit from Unitedhealth (UNH).

Most Recent 13F: Q2 2026
Location: New York, NY
CIK: 0001820788
Portfolio Value: $772.8M (Q2 2025)
SEC Filing: 0000919574-25-004645 ↗ filed Aug 14, 2025

Holdings Value

Holdings 13 stocks · $772.8M


COF Capital One Financial Corp.	13.72%	498,498	$106.1M	Add +93.6%
AER Aercap Holdings NV	11.54%	762,150	$89.2M	Reduce -15.1%
COOP Mr Cooper Group Inc.	9.06%	469,306	$70.0M	Add +13.4%
PGR Progressive Corp.	8.22%	238,123	$63.5M	Reduce -32.5%
VST Vistra Corp.	8.02%	319,714	$62.0M	Reduce -34.0%
WAL Western Alliance Bancorp	7.88%	780,978	$60.9M	New
SGI Somnigroup International Inc.	7.67%	870,893	$59.3M	Reduce -3.1%
TDS Telephone and Data Systems	7.58%	1,645,339	$58.5M	Add +200.4%
CRH CRH PLC	7.56%	636,710	$58.4M	Add +33.9%
VIK Viking Holdings Ltd.	6.53%	946,337	$50.4M	Reduce -7.9%
BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP	6.00%	686,865	$46.4M	Add +13.8%
TMUS T-Mobile US Inc.	4.45%	144,232	$34.4M	Reduce -39.6%
ECHO Echostar Corp. Class A	1.77%	494,352	$13.7M	New

Options reported separately and not counted above: ENPH puts ($46.0M), ECHO puts ($35.5M), VG puts ($13.9M), HE puts ($4.6M).

Portfolio Sells Q1 2025 → Q2 2025


UNH Unitedhealth Group Inc.	Sold out	0.00%	−10.75
OC Owens Corning	Sold out	0.00%	−6.33
PGR Progressive Corp.	Reduce -32.5%	8.22%	−5.26
TMUS T-Mobile US Inc.	Reduce -39.6%	4.45%	−4.15
OPTU Optimum Communications Inc. Class A	Sold out	0.00%	−0.94
AER Aercap Holdings NV	Reduce -15.1%	11.54%	−0.85
VST Vistra Corp.	Reduce -34.0%	8.02%	+0.34
SGI Somnigroup International Inc.	Reduce -3.1%	7.67%	+0.40
VIK Viking Holdings Ltd.	Reduce -7.9%	6.53%	+1.01

Portfolio Buys Q1 2025 → Q2 2025


WAL Western Alliance Bancorp	New	7.88%	+7.88
COF Capital One Financial Corp.	Add +93.6%	13.72%	+7.49
TDS Telephone and Data Systems	Add +200.4%	7.58%	+4.71
COOP Mr Cooper Group Inc.	Add +13.4%	9.06%	+2.38
CRH CRH PLC	Add +33.9%	7.56%	+1.92
ECHO Echostar Corp. Class A	New	1.77%	+1.77
BOH Bank of Hawaii Corp.	Add +13.8%	6.00%	+0.38

Options Activity Q1 2025 → Q2 2025


ENPH Enphase Energy Inc.	put	New	1,159,000	$46.0M
ECHO Echostar Corp. Class A	put	New	1,280,000	$35.5M
VG Venture Global Inc. Class A	put	New	895,000	$13.9M
RUN Sunrun Inc.	put	Sold out	2,232,000	$13.1Mbefore exit
HE Hawaiian Electric Inds	put	Reduce -26.7%	437,000	$4.6M
NFE New Fortress Energy Inc.	put	Sold out	244,600	$2.0Mbefore exit

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

Notes & Other Activity Q1 2025 → Q2 2025


SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26)	NOTE 0.250%12/0 · principal	Sold out	61,655,000	$5.5Mbefore exit
SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28)	NOTE 2.625% 2/1 · principal	Sold out	21,582,000	$1.7Mbefore exit

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