Columbus Hill Capital Management, L.P.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Columbus Hill Capital Management, L.P. reported 25 stock positions worth $676.5 million. Its top holding was Amazon.com (AMZN) at 10.5% of the portfolio, followed by Royal Caribbean Cruises (RCL, 9.1%) and Meta Platforms Class A (META, 8.2%). Compared with Q1 2025, it opened 4 new positions, sold out of 2, added to 8 and reduced 4. The biggest buy was Draftkings Class A (DKNG, shares +1379%) and the biggest sale Nvidia (NVDA, shares −67%).

Most Recent 13F
Q2 2026
Location
Short Hills, NJ
CIK
0001384982
Portfolio Value
$676.5M (Q2 2025)
SEC Filing
0000950123-25-007720 ↗ filed Aug 13, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $432.3M Q1 2024 Q2 2024: $463.7M Q2 2024 Q3 2024: $458.1M Q3 2024 Q4 2024: $503.2M Q4 2024 Q1 2025: $457.4M Q1 2025 Q2 2025: $676.5M $676.5M Q2 2025 Q3 2025: $720.1M Q3 2025 Q4 2025: $669.6M Q4 2025 Q1 2026: $576.5M Q1 2026 Q2 2026: $898.8M Q2 2026

Holdings 25 stocks · $676.5M
AMZN Amazon.com Inc. 10.49% 323,511 $71.0M Add +42.2%
RCL Royal Caribbean Cruises Ltd. 9.08% 196,195 $61.4M No change
META Meta Platforms Inc. Class A 8.22% 75,376 $55.6M Add +10.7%
NCLH Norwegian Cruise Line Holdin 7.72% 2,576,709 $52.3M Add +27.0%
DKNG Draftkings Inc. Class A 7.50% 1,183,580 $50.8M Add +1379.5%
MSFT Microsoft Corp. 7.09% 96,404 $48.0M Add +4.9%
HUM Humana Inc. 5.72% 158,154 $38.7M Add +24.7%
MAR Marriott International Class A 4.99% 123,575 $33.8M No change
FYBR Frontier Communications Pare 4.30% 798,466 $29.1M No change
VST Vistra Corp. 4.02% 140,400 $27.2M Add +19.5%
GOOGL Alphabet Inc. Class A 3.89% 149,415 $26.3M Reduce -3.2%
MRVL Marvell Technology Inc. 3.66% 319,942 $24.8M New
AMD Advanced Micro Devices 3.31% 157,800 $22.4M New
MA Mastercard Inc. Class A 3.15% 37,939 $21.3M No change
LTM Latam Airlines Group SA-ADR 2.80% 466,839 $19.0M Reduce -2.1%
URI United Rentals Inc. 2.33% 20,954 $15.8M No change
ECHO Echostar Corp. Class A 2.27% 555,321 $15.4M New
NVDA Nvidia Corp. 2.27% 97,000 $15.3M Reduce -67.1%
V Visa Inc. Class A 1.71% 32,508 $11.5M No change
NXPI NXP Semiconductors NV 1.27% 39,300 $8.6M Reduce -14.2%
FLUT Flutter Entertainment PLC-Di 1.23% 29,178 $8.3M Add +292.0%
UNH Unitedhealth Group Inc. 1.15% 24,870 $7.8M No change
SHOP Shopify Inc. Class A 0.80% 46,900 $5.4M New
NOW ServiceNow Inc. 0.61% 4,000 $4.1M No change
CRM Salesforce Inc. 0.40% 10,000 $2.7M No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $18.2M (not counted above)
SecurityClassShares / PrincipalValueChange
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal 15,403,379$18.2MAdd +2.1%

Total filed on the 13F, all lines: $694.7M.

Portfolio Sells Q1 2025 → Q2 2025
NVDA Nvidia Corp. Reduce -67.1% 2.27% −4.72
GOOGL Alphabet Inc. Class A Reduce -3.2% 3.89% −1.33
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −1.04
MCHP Microchip Technology Inc. Sold out 0.00% −0.76
NXPI NXP Semiconductors NV Reduce -14.2% 1.27% −0.63
LTM Latam Airlines Group SA-ADR Reduce -2.1% 2.80% −0.46

Portfolio Buys Q1 2025 → Q2 2025
DKNG Draftkings Inc. Class A Add +1379.5% 7.50% +6.92
MRVL Marvell Technology Inc. New 3.66% +3.66
AMD Advanced Micro Devices New 3.31% +3.31
ECHO Echostar Corp. Class A New 2.27% +2.27
AMZN Amazon.com Inc. Add +42.2% 10.49% +1.03
VST Vistra Corp. Add +19.5% 4.02% +1.01
FLUT Flutter Entertainment PLC-Di Add +292.0% 1.23% +0.87
SHOP Shopify Inc. Class A New 0.80% +0.80
META Meta Platforms Inc. Class A Add +10.7% 8.22% −0.35
MSFT Microsoft Corp. Add +4.9% 7.09% −0.46
NCLH Norwegian Cruise Line Holdin Add +27.0% 7.72% −0.68
HUM Humana Inc. Add +24.7% 5.72% −1.62

Notes & Other Activity Q1 2025 → Q2 2025
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal Add +2.1% 15,403,379 $18.2M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 29$898.8MAMD, CPNG, NCLH, AMZN, MAR
Q1 2026 20$576.5MCPNG, AMZN, NCLH, META, MAR
Q4 2025 24$669.6MAMZN, META, NCLH, MSFT, RCL
Q3 2025 26$720.1MAMZN, NCLH, META, RCL, MSFT
Q2 2025 25$676.5MAMZN, RCL, META, NCLH, DKNG
Q1 2025 23$457.4MAMZN, RCL, META, NCLH, MSFT
Q4 2024 22$503.2MMETA, AMZN, RCL, NCLH, PCG
Q3 2024Amended 24$458.1MAMZN, RCL, MAR, META, PCG
Q2 2024 30$463.7MAMZN, RCL, HUM, MAR, META
Q1 2024 22$432.3MHUM, AMZN, THC, GOOGL, RCL