59 North Capital Management, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), 59 North Capital Management, LP reported 13 stock positions worth $3.2 billion. Its top holding was Aercap (AER) at 14.8% of the portfolio, followed by DT Midstream (DTM, 11.4%) and News Class A (NWSA, 10.5%). Compared with Q3 2025, it sold out of 1, added to 4 and reduced 6. The biggest buy was Expand Energy (EXE, shares +37%) and the biggest sale News Class A (NWSA, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- Houston, TX
- CIK
- 0001805589
- Portfolio Value
- $3.2B (Q4 2025)
- SEC Filing
- 0000919574-26-001182 ↗ filed Feb 17, 2026
Holdings Value
Holdings 13 stocks · $3.2B
| AER Aercap Holdings NV | 14.82% | 3,310,609 | $475.9M | Reduce -15.8% |
| DTM DT Midstream Inc. | 11.36% | 3,050,320 | $365.1M | Reduce -0.8% |
| NWSA News Corp. Class A | 10.54% | 12,964,234 | $338.6M | Reduce -7.5% |
| KMI Kinder Morgan Inc. | 9.73% | 11,373,545 | $312.7M | No change |
| LPX Louisiana-Pacific Corp. | 8.89% | 3,536,884 | $285.6M | Add +26.3% |
| FERG Ferguson Enterprises Inc. | 8.70% | 1,255,137 | $279.4M | No change |
| CCL Carnival Corp. | 7.21% | 7,583,688 | $231.6M | Reduce -6.7% |
| CEG Constellation Energy | 6.42% | 583,500 | $206.1M | Add +25.1% |
| EXE Expand Energy Corp. | 6.33% | 1,841,634 | $203.2M | Add +37.4% |
| IBIT iShares Bitcoin Trust ETF | 6.06% | 3,921,034 | $194.7M | Add +50.7% |
| SITE Siteone Landscape Supply Inc. | 5.65% | 1,456,112 | $181.4M | Reduce -12.5% |
| LAMR Lamar Advertising Co. Class A | 2.33% | 591,487 | $74.9M | No change |
| NWS News Corp. Class B | 1.96% | 2,125,569 | $63.0M | Reduce -0.8% |
Portfolio Sells Q3 2025 → Q4 2025
| NWSA News Corp. Class A | Reduce -7.5% | 10.54% | −2.86 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −1.31 |
| SITE Siteone Landscape Supply Inc. | Reduce -12.5% | 5.65% | −1.03 |
| NWS News Corp. Class B | Reduce -0.8% | 1.96% | −0.34 |
| CCL Carnival Corp. | Reduce -6.7% | 7.21% | −0.11 |
| AER Aercap Holdings NV | Reduce -15.8% | 14.82% | −0.01 |
| DTM DT Midstream Inc. | Reduce -0.8% | 11.36% | +0.54 |
Portfolio Buys Q3 2025 → Q4 2025
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 |