59 North Capital Management, LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), 59 North Capital Management, LP reported 14 stock positions worth $2.8 billion. Its top holding was Aercap (AER) at 17.8% of the portfolio, followed by News Class A (NWSA, 13.4%) and Kinder Morgan (KMI, 11.1%). Compared with Q1 2025, it opened 3 new positions, sold out of 3, added to 5 and reduced 5. The biggest buy was a new position in DT Midstream (DTM) and the biggest sale an exit from SPDR Gold Shares (GLD).
- Most Recent 13F
- Q2 2026
- Location
- Houston, TX
- CIK
- 0001805589
- Portfolio Value
- $2.8B (Q2 2025)
- SEC Filing
- 0000919574-25-004893 ↗ filed Aug 14, 2025
Holdings Value
Holdings 14 stocks · $2.8B
| AER Aercap Holdings NV | 17.84% | 4,271,324 | $499.7M | Reduce -18.0% |
| NWSA News Corp. Class A | 13.42% | 12,650,867 | $376.0M | Add +13.5% |
| KMI Kinder Morgan Inc. | 11.12% | 10,597,380 | $311.6M | Add +54.5% |
| LPX Louisiana-Pacific Corp. | 8.62% | 2,808,369 | $241.5M | Add +7.3% |
| DTM DT Midstream Inc. | 8.10% | 2,063,116 | $226.8M | New |
| CEG Constellation Energy | 7.97% | 691,271 | $223.1M | Add +4.2% |
| CCL Carnival Corp. | 7.73% | 7,704,185 | $216.6M | Add +117.1% |
| IWM iShares Russell 2000 ETF | 7.42% | 963,347 | $207.9M | Reduce -44.4% |
| FERG Ferguson Enterprises Inc. | 4.55% | 584,664 | $127.3M | Reduce -19.3% |
| NWS News Corp. Class B | 4.34% | 3,543,717 | $121.6M | Reduce -6.7% |
| EXE Expand Energy Corp. | 3.68% | 880,359 | $102.9M | New |
| LAMR Lamar Advertising Co. Class A | 2.56% | 591,487 | $71.8M | No change |
| NCLH Norwegian Cruise Line Holdin | 1.37% | 1,886,994 | $38.3M | Reduce -48.8% |
| CORZ Core Scientific Inc. | 1.28% | 2,108,356 | $36.0M | New |
Portfolio Sells Q1 2025 → Q2 2025
| GLD SPDR Gold Shares | Sold out | 0.00% | −13.11 |
| IWM iShares Russell 2000 ETF | Reduce -44.4% | 7.42% | −5.02 |
| FUN Six Flags Entertainment Corp. | Sold out | 0.00% | −4.88 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −3.16 |
| AER Aercap Holdings NV | Reduce -18.0% | 17.84% | −1.33 |
| NCLH Norwegian Cruise Line Holdin | Reduce -48.8% | 1.37% | −1.15 |
| NWS News Corp. Class B | Reduce -6.7% | 4.34% | +0.18 |
| FERG Ferguson Enterprises Inc. | Reduce -19.3% | 4.55% | +0.36 |
Portfolio Buys Q1 2025 → Q2 2025
| DTM DT Midstream Inc. | New | 8.10% | +8.10 |
| CCL Carnival Corp. | Add +117.1% | 7.73% | +5.24 |
| KMI Kinder Morgan Inc. | Add +54.5% | 11.12% | +4.08 |
| EXE Expand Energy Corp. | New | 3.68% | +3.68 |
| CEG Constellation Energy | Add +4.2% | 7.97% | +3.15 |
| NWSA News Corp. Class A | Add +13.5% | 13.42% | +2.49 |
| CORZ Core Scientific Inc. | New | 1.28% | +1.28 |
| LPX Louisiana-Pacific Corp. | Add +7.3% | 8.62% | −0.05 |
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 |