59 North Capital Management, LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), 59 North Capital Management, LP reported 14 stock positions worth $3.2 billion. Its top holding was Aercap (AER) at 14.8% of the portfolio, followed by News Class A (NWSA, 13.4%) and DT Midstream (DTM, 10.8%). Compared with Q2 2025, it opened 2 new positions, sold out of 2, added to 6 and reduced 5. The biggest buy was a new position in Siteone Landscape Supply (SITE) and the biggest sale iShares Russell 2000 ETF (IWM, shares −82%).
- Most Recent 13F
- Q2 2026
- Location
- Houston, TX
- CIK
- 0001805589
- Portfolio Value
- $3.2B (Q3 2025)
- SEC Filing
- 0000919574-25-007002 ↗ filed Nov 14, 2025
Holdings Value
Holdings 14 stocks · $3.2B
| AER Aercap Holdings NV | 14.83% | 3,933,136 | $475.9M | Reduce -7.9% |
| NWSA News Corp. Class A | 13.41% | 14,009,242 | $430.2M | Add +10.7% |
| DTM DT Midstream Inc. | 10.83% | 3,074,081 | $347.6M | Add +49.0% |
| KMI Kinder Morgan Inc. | 10.03% | 11,373,545 | $322.0M | Add +7.3% |
| FERG Ferguson Enterprises Inc. | 8.78% | 1,255,137 | $281.9M | Add +114.7% |
| LPX Louisiana-Pacific Corp. | 7.75% | 2,799,478 | $248.7M | Reduce -0.3% |
| CCL Carnival Corp. | 7.32% | 8,131,170 | $235.1M | Add +5.5% |
| SITE Siteone Landscape Supply Inc. | 6.68% | 1,664,731 | $214.4M | New |
| IBIT iShares Bitcoin Trust ETF | 5.27% | 2,601,533 | $169.1M | New |
| CEG Constellation Energy | 4.78% | 466,489 | $153.5M | Reduce -32.5% |
| EXE Expand Energy Corp. | 4.44% | 1,340,657 | $142.4M | Add +52.3% |
| NWS News Corp. Class B | 2.31% | 2,141,709 | $74.0M | Reduce -39.6% |
| LAMR Lamar Advertising Co. Class A | 2.26% | 591,487 | $72.4M | No change |
| IWM iShares Russell 2000 ETF | 1.31% | 174,219 | $42.2M | Reduce -81.9% |
Portfolio Sells Q2 2025 → Q3 2025
| IWM iShares Russell 2000 ETF | Reduce -81.9% | 1.31% | −6.11 |
| CEG Constellation Energy | Reduce -32.5% | 4.78% | −3.18 |
| AER Aercap Holdings NV | Reduce -7.9% | 14.83% | −3.01 |
| NWS News Corp. Class B | Reduce -39.6% | 2.31% | −2.04 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −1.37 |
| CORZ Core Scientific Inc. | Sold out | 0.00% | −1.28 |
| LPX Louisiana-Pacific Corp. | Reduce -0.3% | 7.75% | −0.87 |
Portfolio Buys Q2 2025 → Q3 2025
| SITE Siteone Landscape Supply Inc. | New | 6.68% | +6.68 |
| IBIT iShares Bitcoin Trust ETF | New | 5.27% | +5.27 |
| FERG Ferguson Enterprises Inc. | Add +114.7% | 8.78% | +4.24 |
| DTM DT Midstream Inc. | Add +49.0% | 10.83% | +2.73 |
| EXE Expand Energy Corp. | Add +52.3% | 4.44% | +0.76 |
| NWSA News Corp. Class A | Add +10.7% | 13.41% | −0.02 |
| CCL Carnival Corp. | Add +5.5% | 7.32% | −0.41 |
| KMI Kinder Morgan Inc. | Add +7.3% | 10.03% | −1.09 |
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 |