In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Dendur Capital LP reported 19 stock positions worth $819.7 million . Its top holding was Ati (ATI) at 22.6% of the portfolio, followed by Six Flags Entertainment (FUN, 13.7% ) and Live Nation Entertainment (LYV, 9.0% ). Compared with Q4 2024, it opened 4 new positions, sold out of 3, added to 8 and reduced 5. The biggest buy was a new position in 3M (MMM) and the biggest sale an exit from United Airlines (UAL).
Location NEW YORK, NY
CIK 0001782124
Portfolio Value $819.7M (Q1 2025) Holdings 19 stocks · $819.7M 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 Q4 2024 ATI Ati Inc. 3,567,000 $185.6M No change FUN Six Flags Entertainment Corp. 3,141,000 $112.0M Add +13.7% LYV Live Nation Entertainment Inc. 564,000 $73.6M Add +19.0% NWSA News Corp. Class A 2,488,000 $67.7M Add +3.5% WSC Willscot Holdings Corp. 1,935,000 $53.8M Add +0.8% MMM 3M Co. 318,499 $46.8M New ACI Albertsons Cos Inc. Class A 2,100,000 $46.2M Reduce -16.0% MTH Meritage Homes Corp. 563,500 $39.9M New CZR Caesars Entertainment Inc. 1,504,500 $37.6M No change WDC Western Digital Corp. 840,000 $34.0M Add +70.0% SGI Somnigroup International Inc. 512,000 $30.7M New HHH Howard Hughes Holdings Inc. 342,524 $25.4M Reduce -57.9% FLUT Flutter Entertainment PLC-Di 110,000 $24.4M Add +10.0% MSGE Madison Square Garden Entert 578,000 $18.9M Add +291.5% MSGS Madison Square Garden Sports 32,893 $6.4M Reduce -75.0% HUT Hut 8 Corp. 457,000 $5.3M Add +74.6% ASPN Aspen Aerogels Inc. 644,045 $4.1M Reduce -16.9% RIOT Riot Platforms Inc. 550,000 $3.9M New UHG United Homes Group Inc. 1,191,105 $3.3M Reduce -0.7%
Options reported separately and not counted above: WDC calls ($14.2M), MSGS calls ($9.7M), WSC calls ($8.3M).
Portfolio Sells Q4 2024 → Q1 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 Q4 2024 % Of Portfolio Change To Portfolio ▲ UAL United Airlines Holdings Inc. Sold out 0.00% −4.16 HHH Howard Hughes Holdings Inc. Reduce -57.9% 3.10% −4.07 CVS CVS Health Corp. Sold out 0.00% −2.78 MSGS Madison Square Garden Sports Reduce -75.0% 0.78% −2.62 RPD RAPID7 Inc. Sold out 0.00% −2.20 ASPN Aspen Aerogels Inc. Reduce -16.9% 0.50% −0.55 UHG United Homes Group Inc. Reduce -0.7% 0.41% −0.17 ACI Albertsons Cos Inc. Class A Reduce -16.0% 5.63% +0.01
Portfolio Buys Q4 2024 → Q1 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 Q4 2024 % Of Portfolio Change To Portfolio ▼ MMM 3M Co. New 5.71% +5.71 MTH Meritage Homes Corp. New 4.87% +4.87 SGI Somnigroup International Inc. New 3.74% +3.74 LYV Live Nation Entertainment Inc. Add +19.0% 8.98% +1.95 MSGE Madison Square Garden Entert Add +291.5% 2.31% +1.71 WDC Western Digital Corp. Add +70.0% 4.14% +0.77 NWSA News Corp. Class A Add +3.5% 8.26% +0.68 RIOT Riot Platforms Inc. New 0.48% +0.48 HUT Hut 8 Corp. Add +74.6% 0.65% +0.03 FLUT Flutter Entertainment PLC-Di Add +10.0% 2.97% +0.01 WSC Willscot Holdings Corp. Add +0.8% 6.56% −0.80 FUN Six Flags Entertainment Corp. Add +13.7% 13.67% −1.58
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ CVS CVS Health Corp. call Sold out 753,200 $33.8Mbefore exit WDC Western Digital Corp. call New 350,000 $14.2M CHTR Charter Communications Inc. Class A put Sold out 39,300 $13.5Mbefore exit ARKK ARK Innovation ETF put Sold out 180,000 $10.2Mbefore exit MSGS Madison Square Garden Sports call Add +150.0% 50,000 $9.7M WSC Willscot Holdings Corp. call Reduce -67.4% 300,000 $8.3M AGNT Agnt Inc. put Sold out 290,000 $3.3Mbefore 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 22 $1.7B DIS, ATI, VSEC, FWONK, FUN Q1 2026 20 $1.3B DIS, ATI, FWONK, VSEC, FUN Q4 2025 14 $961.6M ATI, DIS, COF, FLUT, FUN Q3 2025 14 $897.0M ATI, FUN, LYV, DIS, NWSA Q2 2025 19 $1.1B ATI, FUN, LYV, NWSA, FLUT Q1 2025 19 $819.7M ATI, FUN, LYV, NWSA, WSC Q4 2024 18 $872.7M ATI, FUN, NWSA, WSC, HHH Q3 2024 16 $703.8M FUN, LYV, CZR, FLUT, NWSA Q2 2024 12 $539.3M HUM, LYV, USFD, CZR, NWSA Q1 2024 13 $685.1M BLDR, AER, HUM, USFD, CZR