In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Cartenna Capital, LP reported 31 stock positions worth $1.6 billion . Its top holding was Cyberark Software Ltd./Israel (CYBR) at 8.0% of the portfolio, followed by Caterpillar (CAT, 5.7% ) and Crane (CR, 5.6% ). Compared with Q1 2025, it opened 18 new positions, sold out of 18, added to 10 and reduced 3. The biggest buy was a new position in Datadog Class A (DDOG) and the biggest sale an exit from Amazon.com (AMZN).
Location STAMFORD, CT
CIK 0001808928
Portfolio Value $1.6B (Q2 2025) Holdings 31 stocks · $1.6B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2025 CYBR Cyberark Software Ltd./Israel 320,000 $130.2M Add +34.7% CAT Caterpillar Inc. 240,000 $93.2M Add +921.3% CR Crane Co. 485,000 $92.1M Add +1.0% MMM 3M Co. 600,000 $91.3M Add +9.1% DDOG Datadog Inc. Class A 670,000 $90.0M New GLW Corning Inc. 1,700,000 $89.4M Add +112.5% URI United Rentals Inc. 117,500 $88.5M Add +30.6% GLNG Golar LNG Ltd. 1,700,000 $70.0M Add +61.9% DOV Dover Corp. 375,000 $68.7M Reduce -25.0% HUBB Hubbell Inc. 165,000 $67.4M New CSX CSX Corp. 2,000,000 $65.3M Add +263.6% SGI Somnigroup International Inc. 925,000 $62.9M Add +85.0% CMG Chipotle Mexican Grill Inc. 1,000,000 $56.1M New ACI Albertsons Cos Inc. Class A 2,600,000 $55.9M Add +700.0% PH Parker Hannifin Corp. 77,500 $54.1M Reduce -29.6% MTZ Mastec Inc. 300,000 $51.1M New GVA Granite Construction Inc. 500,000 $46.8M New HD Home Depot Inc. 105,000 $38.5M New CNK Cinemark Holdings Inc. 1,275,000 $38.5M New FLEX Flex Ltd. 700,000 $34.9M New MSFT Microsoft Corp. 70,000 $34.8M New LHX L3HARRIS Technologies Inc. 135,000 $33.9M New DKS Dick's Sporting Goods Inc. 160,000 $31.6M New TPR Tapestry Inc. 340,000 $29.9M New GNRC Generac Holdings Inc. 196,500 $28.1M New EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 300,000 $24.2M New MCHP Microchip Technology Inc. 225,000 $15.8M New XPO Xpo Inc. 125,000 $15.8M Reduce -68.8% VC Visteon Corp. 160,000 $14.9M New CBRE CBRE Group Inc. Class A 65,000 $9.1M New LECO Lincoln Electric Holdings 40,000 $8.3M New
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($617.9M), SPDR SERIES TRUST puts ($154.1M), ATI INC puts ($105.8M), ARK ETF TR puts ($105.4M), BRINKER INTL INC puts ($100.9M), DOVER CORP calls ($73.3M), POLARIS INC calls ($40.6M).
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ AMZN Amazon.com Inc. Sold out 0.00% −6.90 PKG Packaging Corp. of America Sold out 0.00% −4.31 HON Honeywell International Inc. Sold out 0.00% −4.27 KNX Knight-Swift Transportation Sold out 0.00% −3.59 WDC Western Digital Corp. Sold out 0.00% −3.42 TTWO Take-Two Interactive Softwre Sold out 0.00% −3.17 LULU Lululemon Athletica Inc. Sold out 0.00% −2.97 DOV Dover Corp. Reduce -25.0% 4.21% −2.87 SNOW Snowflake Inc. Sold out 0.00% −2.65 XPO Xpo Inc. Reduce -68.8% 0.97% −2.50 SBUX Starbucks Corp. Sold out 0.00% −2.37 TXN Texas Instruments Inc. Sold out 0.00% −2.25 BURL Burlington Stores Inc. Sold out 0.00% −2.21 PH Parker Hannifin Corp. Reduce -29.6% 3.32% −2.07 NOC Northrop Grumman Corp. Sold out 0.00% −2.06 BIRK Birkenstock Holding PLC Sold out 0.00% −2.03 LII Lennox International Inc. Sold out 0.00% −1.92 LAD Lithia Motors Inc. Sold out 0.00% −1.66 DE Deere & Co. Sold out 0.00% −1.61 GD General Dynamics Corp. Sold out 0.00% −1.21 AZO AutoZone Inc. Sold out 0.00% −0.92
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ DDOG Datadog Inc. Class A New 5.52% +5.52 CAT Caterpillar Inc. Add +921.3% 5.71% +5.09 HUBB Hubbell Inc. New 4.13% +4.13 CMG Chipotle Mexican Grill Inc. New 3.44% +3.44 MTZ Mastec Inc. New 3.13% +3.13 GVA Granite Construction Inc. New 2.87% +2.87 ACI Albertsons Cos Inc. Class A Add +700.0% 3.43% +2.85 CSX CSX Corp. Add +263.6% 4.00% +2.70 GLW Corning Inc. Add +112.5% 5.48% +2.53 HD Home Depot Inc. New 2.36% +2.36 CNK Cinemark Holdings Inc. New 2.36% +2.36 FLEX Flex Ltd. New 2.14% +2.14 MSFT Microsoft Corp. New 2.13% +2.13 LHX L3HARRIS Technologies Inc. New 2.08% +2.08 DKS Dick's Sporting Goods Inc. New 1.94% +1.94 TPR Tapestry Inc. New 1.83% +1.83 GNRC Generac Holdings Inc. New 1.72% +1.72 CYBR Cyberark Software Ltd./Israel Add +34.7% 7.98% +1.51 EL Estee Lauder Companies Class A New 1.49% +1.49 SGI Somnigroup International Inc. Add +85.0% 3.86% +1.44 GLNG Golar LNG Ltd. Add +61.9% 4.29% +1.08 MCHP Microchip Technology Inc. New 0.97% +0.97 VC Visteon Corp. New 0.91% +0.91 URI United Rentals Inc. Add +30.6% 5.43% +0.88 CBRE CBRE Group Inc. Class A New 0.56% +0.56 LECO Lincoln Electric Holdings New 0.51% +0.51 CR Crane Co. Add +1.0% 5.64% −0.28 MMM 3M Co. Add +9.1% 5.60% −0.91
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ STATE STR SPDR S&P 500 ETF T put New 1,000,000 $617.9M SELECT SECTOR SPDR TR put Sold out 1,200,000 $157.3Mbefore exit SPDR SERIES TRUST put Add +100.0% 2,000,000 $154.1M ATI INC put New 1,225,200 $105.8M ARK ETF TR put Add +200.0% 1,500,000 $105.4M BRINKER INTL INC put New 559,300 $100.9M DOVER CORP call New 400,000 $73.3M WESTERN DIGITAL CORP call Sold out 1,700,000 $68.7Mbefore exit ISHARES TR put Sold out 500,000 $47.6Mbefore exit POLARIS INC call New 1,000,000 $40.6M AMAZON COM INC call Sold out 200,000 $38.1Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 35 $2.7B MMM, AME, ADI, LRCX, AMAT Q1 2026 41 $2.3B PH, AME, TT, GE, ASML Q4 2025 36 $1.9B MCD, GVA, V, SITE, RBC Q3 2025 31 $1.9B MMM, ETN, WMT, SAIA, CR Q2 2025 31 $1.6B CYBR, CAT, CR, MMM, DDOG Q1 2025 31 $1.2B DOV, AMZN, MMM, CYBR, CR Q4 2024 28 $1.4B PH, CSX, MMM, CYBR, WDC Q3 2024 34 $1.3B WDC, APH, PH, JCI, HUBB Q2 2024 34 $1.3B KBR, AMZN, HUBS, TTWO, FLR Q1 2024 31 $1.1B NSC, PH, CYBR, TDG, MSFT