59 North Capital Management, LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), 59 North Capital Management, LP reported 14 stock positions worth $2.8 billion. Its top holding was Aercap (AER) at 19.2% of the portfolio, followed by SPDR Gold Shares (GLD, 13.1%) and iShares Russell 2000 ETF (IWM, 12.4%). Compared with Q4 2024, it opened 3 new positions, sold out of 2, added to 8 and reduced 3. The biggest buy was a new position in Kinder Morgan (KMI) and the biggest sale an exit from Western Digital (WDC).
- Most Recent 13F
- Q2 2026
- Location
- Houston, TX
- CIK
- 0001805589
- Portfolio Value
- $2.8B (Q1 2025)
- SEC Filing
- 0000919574-25-003246 ↗ filed May 15, 2025
Holdings Value
Holdings 14 stocks · $2.8B
| AER Aercap Holdings NV | 19.17% | 5,209,534 | $532.3M | Add +40.6% |
| GLD SPDR Gold Shares | 13.11% | 1,263,196 | $364.0M | Add +76.4% |
| IWM iShares Russell 2000 ETF | 12.44% | 1,731,163 | $345.3M | Add +107.8% |
| NWSA News Corp. Class A | 10.93% | 11,147,654 | $303.4M | Add +24.4% |
| LPX Louisiana-Pacific Corp. | 8.67% | 2,618,643 | $240.9M | Add +32.1% |
| KMI Kinder Morgan Inc. | 7.05% | 6,857,982 | $195.7M | New |
| FUN Six Flags Entertainment Corp. | 4.88% | 3,801,830 | $135.6M | Add +11.2% |
| CEG Constellation Energy | 4.82% | 663,589 | $133.8M | Reduce -23.2% |
| FERG Ferguson Enterprises Inc. | 4.18% | 724,399 | $116.1M | Reduce -12.1% |
| NWS News Corp. Class B | 4.16% | 3,799,973 | $115.4M | Reduce -12.6% |
| FLUT Flutter Entertainment PLC-Di | 3.16% | 395,887 | $87.7M | Add +186.1% |
| NCLH Norwegian Cruise Line Holdin | 2.52% | 3,685,505 | $69.9M | New |
| CCL Carnival Corp. | 2.50% | 3,548,555 | $69.3M | New |
| LAMR Lamar Advertising Co. Class A | 2.42% | 591,487 | $67.3M | Add +10.0% |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| KMI Kinder Morgan Inc. | New | 7.05% | +7.05 |
| GLD SPDR Gold Shares | Add +76.4% | 13.11% | +5.01 |
| IWM iShares Russell 2000 ETF | Add +107.8% | 12.44% | +3.84 |
| AER Aercap Holdings NV | Add +40.6% | 19.17% | +2.61 |
| NCLH Norwegian Cruise Line Holdin | New | 2.52% | +2.52 |
| CCL Carnival Corp. | New | 2.50% | +2.50 |
| FLUT Flutter Entertainment PLC-Di | Add +186.1% | 3.16% | +1.49 |
| NWSA News Corp. Class A | Add +24.4% | 10.93% | −0.60 |
| LAMR Lamar Advertising Co. Class A | Add +10.0% | 2.42% | −0.63 |
| LPX Louisiana-Pacific Corp. | Add +32.1% | 8.67% | −0.91 |
| FUN Six Flags Entertainment Corp. | Add +11.2% | 4.88% | −2.81 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 19 | $4.5B | DIS, AER, FERG, KMI, LPX |
| Q1 2026 | 17 | $3.4B | AER, KMI, DTM, FERG, NWSA |
| Q4 2025 | 13 | $3.2B | AER, DTM, NWSA, KMI, LPX |
| Q3 2025 | 14 | $3.2B | AER, NWSA, DTM, KMI, FERG |
| Q2 2025 | 14 | $2.8B | AER, NWSA, KMI, LPX, DTM |
| Q1 2025 | 14 | $2.8B | AER, GLD, IWM, NWSA, LPX |
| Q4 2024 | 13 | $2.1B | AER, NWSA, LPX, CEG, IWM |
| Q3 2024 | 17 | $2.2B | AER, CEG, WDC, LPX, NWSA |
| Q2 2024 | 15 | $2.0B | AER, WDC, NWSA, FERG, CEG |
| Q1 2024 | 16 | $1.7B | IWM, AER, FERG, CEG, HCA |