Columbus Hill Capital Management, L.P.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Columbus Hill Capital Management, L.P. reported 26 stock positions worth $720.1 million. Its top holding was Amazon.com (AMZN) at 11.4% of the portfolio, followed by Norwegian Cruise Line Holdin (NCLH, 9.3%) and Meta Platforms Class A (META, 7.7%). Compared with Q2 2025, it opened 5 new positions, sold out of 4, added to 7 and reduced 5. The biggest buy was a new position in Taiwan Semiconductor-SP ADR (TSM) and the biggest sale Draftkings Class A (DKNG, shares −40%).
- Most Recent 13F
- Q2 2026
- Location
- Short Hills, NJ
- CIK
- 0001384982
- Portfolio Value
- $720.1M (Q3 2025)
- SEC Filing
- 0001193125-25-280133 ↗ filed Nov 13, 2025
Holdings Value
Holdings 26 stocks · $720.1M
| AMZN Amazon.com Inc. | 11.40% | 373,911 | $82.1M | Add +15.6% |
| NCLH Norwegian Cruise Line Holdin | 9.31% | 2,720,728 | $67.0M | Add +5.6% |
| META Meta Platforms Inc. Class A | 7.69% | 75,376 | $55.4M | No change |
| RCL Royal Caribbean Cruises Ltd. | 6.85% | 152,495 | $49.3M | Reduce -22.3% |
| MSFT Microsoft Corp. | 6.72% | 93,404 | $48.4M | Reduce -3.1% |
| GOOGL Alphabet Inc. Class A | 6.67% | 197,515 | $48.0M | Add +32.2% |
| HUM Humana Inc. | 6.25% | 172,854 | $45.0M | Add +9.3% |
| VST Vistra Corp. | 6.11% | 224,610 | $44.0M | Add +60.0% |
| MAR Marriott International Class A | 4.47% | 123,575 | $32.2M | No change |
| NVDA Nvidia Corp. | 4.01% | 154,800 | $28.9M | Add +59.6% |
| AMD Advanced Micro Devices | 4.01% | 178,317 | $28.8M | Add +13.0% |
| DKNG Draftkings Inc. Class A | 3.71% | 713,580 | $26.7M | Reduce -39.7% |
| TSM Taiwan Semiconductor-SP ADR | 3.36% | 86,600 | $24.2M | New |
| MA Mastercard Inc. Class A | 3.00% | 37,939 | $21.6M | No change |
| LTM Latam Airlines Group SA-ADR | 2.93% | 466,839 | $21.1M | No change |
| URI United Rentals Inc. | 2.78% | 20,954 | $20.0M | No change |
| ECHO Echostar Corp. Class A | 2.17% | 204,460 | $15.6M | Reduce -63.2% |
| FYBR Frontier Communications Pare | 1.99% | 383,466 | $14.3M | Reduce -52.0% |
| V Visa Inc. Class A | 1.54% | 32,508 | $11.1M | No change |
| UNH Unitedhealth Group Inc. | 1.19% | 24,870 | $8.6M | No change |
| TXN Texas Instruments Inc. | 0.97% | 38,000 | $7.0M | New |
| SHOP Shopify Inc. Class A | 0.97% | 46,900 | $7.0M | No change |
| FIGR Figure Technology Solut Class A | 0.77% | 152,500 | $5.5M | New |
| AAL American Airlines Group Inc. | 0.62% | 399,200 | $4.5M | New |
| NOW ServiceNow Inc. | 0.51% | 4,000 | $3.7M | No change |
| STUB Stubhub Holdings Inc. Class A | 0.01% | 5,000 | $84K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $37.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 15,403,379 | $37.9M | No change |
Total filed on the 13F, all lines: $758.0M.
Portfolio Sells Q2 2025 → Q3 2025
| DKNG Draftkings Inc. Class A | Reduce -39.7% | 3.71% | −3.80 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −3.66 |
| FYBR Frontier Communications Pare | Reduce -52.0% | 1.99% | −2.31 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -22.3% | 6.85% | −2.23 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −1.27 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −1.23 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.40 |
| MSFT Microsoft Corp. | Reduce -3.1% | 6.72% | −0.37 |
| ECHO Echostar Corp. Class A | Reduce -63.2% | 2.17% | −0.11 |
Portfolio Buys Q2 2025 → Q3 2025
| TSM Taiwan Semiconductor-SP ADR | New | 3.36% | +3.36 |
| GOOGL Alphabet Inc. Class A | Add +32.2% | 6.67% | +2.78 |
| VST Vistra Corp. | Add +60.0% | 6.11% | +2.09 |
| NVDA Nvidia Corp. | Add +59.6% | 4.01% | +1.75 |
| NCLH Norwegian Cruise Line Holdin | Add +5.6% | 9.31% | +1.58 |
| TXN Texas Instruments Inc. | New | 0.97% | +0.97 |
| AMZN Amazon.com Inc. | Add +15.6% | 11.40% | +0.91 |
| FIGR Figure Technology Solut Class A | New | 0.77% | +0.77 |
| AMD Advanced Micro Devices | Add +13.0% | 4.01% | +0.70 |
| AAL American Airlines Group Inc. | New | 0.62% | +0.62 |
| HUM Humana Inc. | Add +9.3% | 6.25% | +0.53 |
| STUB Stubhub Holdings Inc. Class A | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $898.8M | AMD, CPNG, NCLH, AMZN, MAR |
| Q1 2026 | 20 | $576.5M | CPNG, AMZN, NCLH, META, MAR |
| Q4 2025 | 24 | $669.6M | AMZN, META, NCLH, MSFT, RCL |
| Q3 2025 | 26 | $720.1M | AMZN, NCLH, META, RCL, MSFT |
| Q2 2025 | 25 | $676.5M | AMZN, RCL, META, NCLH, DKNG |
| Q1 2025 | 23 | $457.4M | AMZN, RCL, META, NCLH, MSFT |
| Q4 2024 | 22 | $503.2M | META, AMZN, RCL, NCLH, PCG |
| Q3 2024Amended | 24 | $458.1M | AMZN, RCL, MAR, META, PCG |
| Q2 2024 | 30 | $463.7M | AMZN, RCL, HUM, MAR, META |
| Q1 2024 | 22 | $432.3M | HUM, AMZN, THC, GOOGL, RCL |