Dendur Capital LP

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Dendur Capital LP reported 20 stock positions worth $1.3 billion. Its top holding was Walt Disney (DIS) at 15.8% of the portfolio, followed by Ati (ATI, 13.9%) and Liberty Media Class C (FWONK, 7.6%). Compared with Q4 2025, it opened 8 new positions, sold out of 2, added to 5 and reduced 3. The biggest buy was Liberty Media Class C (FWONK, shares +597%) and the biggest sale Ati (ATI, shares −37%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001782124
Portfolio Value
$1.3B (Q1 2026)
SEC Filing
0001892688-26-000075 ↗ filed May 15, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $685.1M Q1 2024 Q2 2024: $539.3M Q2 2024 Q3 2024: $703.8M Q3 2024 Q4 2024: $872.7M Q4 2024 Q1 2025: $819.7M Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $897.0M Q3 2025 Q4 2025: $961.6M Q4 2025 Q1 2026: $1.3B $1.3B Q1 2026 Q2 2026: $1.7B Q2 2026

Holdings 20 stocks · $1.3B
DIS The Walt Disney Co. filed as DISNEY WALT CO 15.76% 2,192,000 $211.3M Add +112.4%
ATI Ati Inc. 13.92% 1,283,103 $186.6M Reduce -37.1%
FWONK Liberty Media Corp. Class C 7.63% 1,203,000 $102.3M Add +597.0%
VSEC Vse Corp. 6.59% 479,000 $88.3M Add +90.1%
FUN Six Flags Entertainment Corp. 6.56% 4,953,500 $87.9M No change
MSGE Madison Square Garden Entert 5.36% 1,220,000 $71.9M No change
COF Capital One Financial Corp. 4.85% 356,500 $65.0M Add +4.8%
TTMI TTM Technologies 4.76% 655,000 $63.8M New
LYV Live Nation Entertainment Inc. 4.73% 416,000 $63.4M No change
MKSI MKS Inc. 3.68% 214,500 $49.3M New
GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 3.45% 1,148,000 $46.3M New
UNP Union Pacific Corp. 3.37% 186,000 $45.1M Reduce -39.0%
CNM Core & Main Inc. Class A 3.31% 898,000 $44.4M No change
AER Aercap Holdings NV 3.20% 313,000 $42.9M New
HUT Hut 8 Corp. 3.04% 869,420 $40.8M Add +83.8%
TLN Talen Energy Corp. 2.95% 124,000 $39.6M New
WBD Warner Bros Discovery Inc. 2.72% 1,330,000 $36.5M New
TDS Telephone and Data Systems 2.52% 802,000 $33.8M New
FLUT Flutter Entertainment PLC-Di 0.85% 112,000 $11.4M Reduce -70.7%
CORZ Core Scientific Inc. 0.75% 670,000 $10.0M New

Options reported separately and not counted above: CNM calls ($4.9M).

Other holdings (1): bonds, preferreds, convertibles and warrants · $19.1M (not counted above)
SecurityClassShares / PrincipalValueChange
VSE CORP (VSEC 5.75 02/01/29) UNIT 02/01/2029 380,000$19.1MNew

Total filed on the 13F, all lines: $1.4B.

Portfolio Sells Q4 2025 → Q1 2026
ATI Ati Inc. Reduce -37.1% 13.92% −10.42
FLUT Flutter Entertainment PLC-Di Reduce -70.7% 0.85% −7.69
UNP Union Pacific Corp. Reduce -39.0% 3.37% −3.97
REZI Resideo Technologies Inc. Sold out 0.00% −3.12
MIDD Middleby Corp. Sold out 0.00% −1.57

Portfolio Buys Q4 2025 → Q1 2026
FWONK Liberty Media Corp. Class C Add +597.0% 7.63% +5.86
TTMI TTM Technologies New 4.76% +4.76
MKSI MKS Inc. New 3.68% +3.68
DIS The Walt Disney Co. Add +112.4% 15.76% +3.55
GDS GDS Holdings Ltd. - ADR New 3.45% +3.45
AER Aercap Holdings NV New 3.20% +3.20
TLN Talen Energy Corp. New 2.95% +2.95
WBD Warner Bros Discovery Inc. New 2.72% +2.72
TDS Telephone and Data Systems New 2.52% +2.52
VSEC Vse Corp. Add +90.1% 6.59% +2.06
HUT Hut 8 Corp. Add +83.8% 3.04% +0.78
CORZ Core Scientific Inc. New 0.75% +0.75
COF Capital One Financial Corp. Add +4.8% 4.85% −3.72

Options Activity Q4 2025 → Q1 2026
CMCSA Comcast Corp. Class A call Sold out 1,500,000 $44.8Mbefore exit
CNM Core & Main Inc. Class A call New 100,000 $4.9M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2025 → Q1 2026
VSE CORP (VSEC 5.75 02/01/29) UNIT 02/01/2029 New 380,000 $19.1M

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 22$1.7BDIS, ATI, VSEC, FWONK, FUN
Q1 2026 20$1.3BDIS, ATI, FWONK, VSEC, FUN
Q4 2025 14$961.6MATI, DIS, COF, FLUT, FUN
Q3 2025 14$897.0MATI, FUN, LYV, DIS, NWSA
Q2 2025 19$1.1BATI, FUN, LYV, NWSA, FLUT
Q1 2025 19$819.7MATI, FUN, LYV, NWSA, WSC
Q4 2024 18$872.7MATI, FUN, NWSA, WSC, HHH
Q3 2024 16$703.8MFUN, LYV, CZR, FLUT, NWSA
Q2 2024 12$539.3MHUM, LYV, USFD, CZR, NWSA
Q1 2024 13$685.1MBLDR, AER, HUM, USFD, CZR