Dilation Capital Management LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Dilation Capital Management LP reported 15 stock positions worth $82.3 million. Its top holding was Boeing (BA) at 14.2% of the portfolio, followed by Howmet Aerospace (HWM, 11.1%) and Canadian Pacific Kansas City (CP, 10.4%). Compared with Q4 2024, it opened 3 new positions, sold out of 8, added to 7 and reduced 5. The biggest buy was Howmet Aerospace (HWM, shares +27%) and the biggest sale an exit from Monday.com (MNDY).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001922880
- Portfolio Value
- $82.3M (Q1 2025)
- SEC Filing
- 0001172661-25-001793 ↗ filed May 14, 2025
Holdings Value
Holdings 15 stocks · $82.3M
| BA The Boeing Co. | 14.21% | 68,588 | $11.7M | Add +10.0% |
| HWM Howmet Aerospace Inc. | 11.07% | 70,245 | $9.1M | Add +26.9% |
| CP Canadian Pacific Kansas City | 10.42% | 122,139 | $8.6M | Reduce -22.9% |
| KKR KKR & Co. Inc. | 8.55% | 60,873 | $7.0M | Add +44.9% |
| TDG Transdigm Group Inc. | 7.25% | 4,315 | $6.0M | Reduce -39.6% |
| NVDA Nvidia Corp. | 7.17% | 54,480 | $5.9M | Reduce -21.9% |
| SHW The Sherwin-Williams Co. | 6.87% | 16,186 | $5.7M | Add +24.0% |
| TEAM Atlassian Corp. Class A | 6.47% | 25,080 | $5.3M | Add +23.5% |
| VRT Vertiv Holdings Co. Class A | 6.07% | 69,180 | $5.0M | Add +72.1% |
| AFRM Affirm Holdings Inc. | 5.06% | 92,255 | $4.2M | New |
| TLN Talen Energy Corp. | 3.94% | 16,255 | $3.2M | Add +20.6% |
| META Meta Platforms Inc. Class A | 3.93% | 5,615 | $3.2M | New |
| APG Api Group Corp. | 3.83% | 88,095 | $3.2M | Reduce -6.2% |
| VST Vistra Corp. | 3.53% | 24,769 | $2.9M | Reduce -16.9% |
| AVGO Broadcom Inc. | 1.62% | 7,980 | $1.3M | New |
Portfolio Sells Q4 2024 → Q1 2025
| MNDY Monday.com Ltd. | Sold out | 0.00% | −7.96 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −5.68 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −5.29 |
| XYZ Block Inc. | Sold out | 0.00% | −2.56 |
| NBIS Nebius Group NV | Sold out | 0.00% | −2.52 |
| ORCL Oracle Corp. | Sold out | 0.00% | −1.78 |
| IREN Iren Ltd. | Sold out | 0.00% | −1.75 |
| NVDA Nvidia Corp. | Reduce -21.9% | 7.17% | −1.47 |
| CORZ Core Scientific Inc. | Sold out | 0.00% | −1.11 |
| TDG Transdigm Group Inc. | Reduce -39.6% | 7.25% | −1.10 |
| VST Vistra Corp. | Reduce -16.9% | 3.53% | −0.26 |
| CP Canadian Pacific Kansas City | Reduce -22.9% | 10.42% | −0.16 |
| APG Api Group Corp. | Reduce -6.2% | 3.83% | +0.71 |
Portfolio Buys Q4 2024 → Q1 2025
| HWM Howmet Aerospace Inc. | Add +26.9% | 11.07% | +5.49 |
| AFRM Affirm Holdings Inc. | New | 5.06% | +5.06 |
| BA The Boeing Co. | Add +10.0% | 14.21% | +4.03 |
| META Meta Platforms Inc. Class A | New | 3.93% | +3.93 |
| KKR KKR & Co. Inc. | Add +44.9% | 8.55% | +2.82 |
| SHW The Sherwin-Williams Co. | Add +24.0% | 6.87% | +2.77 |
| TEAM Atlassian Corp. Class A | Add +23.5% | 6.47% | +1.91 |
| VRT Vertiv Holdings Co. Class A | Add +72.1% | 6.07% | +1.86 |
| AVGO Broadcom Inc. | New | 1.62% | +1.62 |
| TLN Talen Energy Corp. | Add +20.6% | 3.94% | +1.44 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 20 | $247.8M | BA, SNDK, TKR, GE, SHW |
| Q1 2026 | 20 | $199.2M | BA, NVDA, SHW, CLS, LITE |
| Q4 2025 | 19 | $217.4M | BA, NVDA, CLS, AFRM, APP |
| Q3 2025 | 21 | $201.8M | BA, NVDA, DHI, AFRM, CP |
| Q2 2025 | 20 | $187.7M | BA, NVDA, CP, AFRM, CLS |
| Q1 2025 | 15 | $82.3M | BA, HWM, CP, KKR, TDG |
| Q4 2024 | 20 | $108.4M | CP, BA, NVDA, TDG, MNDY |