Hiddenite Capital Partners LP

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Hiddenite Capital Partners LP reported 20 stock positions worth $135.7 million. Its top holding was AppLovin Class A (APP) at 19.1% of the portfolio, followed by Nebius (NBIS, 11.2%) and Broadcom (AVGO, 6.5%). Compared with Q3 2024, it opened 4 new positions, sold out of 5, added to 7 and reduced 2. The biggest buy was a new position in Nebius (NBIS) and the biggest sale an exit from International Paper (IP).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001823823
Portfolio Value
$135.7M (Q4 2024)
SEC Filing
0001420506-25-000555 ↗ filed Feb 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $86.9M Q1 2024 Q2 2024: $82.4M Q2 2024 Q3 2024: $96.9M Q3 2024 Q4 2024: $135.7M $135.7M Q4 2024 Q1 2025: $110.7M Q1 2025 Q2 2025: $158.6M Q2 2025 Q3 2025: $184.4M Q3 2025 Q4 2025: $191.6M Q4 2025 Q1 2026: $166.0M Q1 2026 Q2 2026: $406.9M Q2 2026

Holdings 20 stocks · $135.7M
APP AppLovin Corp. Class A 19.09% 80,000 $25.9M Reduce -30.4%
NBIS Nebius Group NV 11.23% 550,000 $15.2M New
AVGO Broadcom Inc. 6.49% 37,970 $8.8M Add +8.9%
AER Aercap Holdings NV 5.64% 80,000 $7.7M No change
CRH CRH PLC 5.45% 80,000 $7.4M Add +8.8%
FTAI Ftai Aviation Ltd. 5.31% 50,000 $7.2M Reduce -16.7%
GPN Global Payments Inc. 5.04% 61,000 $6.8M Add +93.7%
FCNCA First Citizens Bcshs Class A 5.03% 3,230 $6.8M No change
NRG NRG Energy Inc. 4.65% 70,000 $6.3M Add +40.0%
FLUT Flutter Entertainment PLC-Di 4.00% 21,000 $5.4M No change
PRMB Primo Brands Corp. 3.97% 175,000 $5.4M Add +16.7%
EQT Eqt Corp. 3.87% 114,000 $5.3M Add +103.6%
EXE Expand Energy Corp. 3.85% 52,500 $5.2M Add +320.0%
SHEL Shell PLC-ADR 3.16% 68,500 $4.3M No change
KGS Kodiak Gas Services Inc. 3.01% 100,000 $4.1M New
SE Sea Ltd.-ADR 2.97% 38,000 $4.0M New
BGC BGC Group Inc. Class A 2.67% 400,000 $3.6M No change
GTLB Gitlab Inc. Class A 2.08% 50,000 $2.8M No change
XPOF Xponential Fitness Inc. Class A 1.73% 175,000 $2.4M No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.76% 100,000 $1.0M New

Options reported separately and not counted above: SPY puts ($87.9M), EXE calls ($19.9M), APP puts ($13.0M), GPN calls ($11.2M), CRH calls ($9.3M), NRG calls ($9.0M), XLE puts ($8.6M), TQQQ puts ($7.9M), ACI calls ($7.9M), XLF calls ($7.2M), BE calls ($6.7M), SHEL calls ($6.3M), and 5 more.

Other holdings (2): bonds, preferreds, convertibles and warrants · $9.7M (not counted above)
SecurityClassShares / PrincipalValueChange
BLOOM ENERGY CORP (BE 3 06/01/28) NOTE 3.000% 6/0 · principal 6,981,000$9.7MNew
ARKOW Arko Corp. -CW25 *W EXP 12/22/202 169,650$76KReduce -48.2%

Total filed on the 13F, all lines: $145.4M.

Portfolio Sells Q3 2024 → Q4 2024
IP International Paper Co. Sold out 0.00% −3.78
DOCN Digitalocean Holdings Inc. Sold out 0.00% −3.33
FMC FMC Corp. Sold out 0.00% −3.20
OXY Occidental Petroleum Corp. Sold out 0.00% −2.97
FTAI Ftai Aviation Ltd. Reduce -16.7% 5.31% −2.92
AR Antero Resources Corp. Sold out 0.00% −2.22
APP AppLovin Corp. Class A Reduce -30.4% 19.09% +3.60

Portfolio Buys Q3 2024 → Q4 2024
NBIS Nebius Group NV New 11.23% +11.23
KGS Kodiak Gas Services Inc. New 3.01% +3.01
SE Sea Ltd.-ADR New 2.97% +2.97
EXE Expand Energy Corp. Add +320.0% 3.85% +2.79
EQT Eqt Corp. Add +103.6% 3.87% +1.76
GPN Global Payments Inc. Add +93.7% 5.04% +1.71
NU Nu Holdings Ltd./Cayman Isl-A New 0.76% +0.76
AVGO Broadcom Inc. Add +8.9% 6.49% +0.28
PRMB Primo Brands Corp. Add +16.7% 3.97% +0.06
NRG NRG Energy Inc. Add +40.0% 4.65% −0.05
CRH CRH PLC Add +8.8% 5.45% −1.58

Options Activity Q3 2024 → Q4 2024
SPY SS SPDR S&P 500 ETF Trust-US put Add +87.5% 150,000 $87.9M
EXE Expand Energy Corp. call New 200,000 $19.9M
MTUM iShares MSCI USA Momentum Fa put Sold out 75,000 $15.2Mbefore exit
FMC FMC Corp. call Sold out 225,000 $14.8Mbefore exit
APP AppLovin Corp. Class A put Reduce -60.0% 40,000 $13.0M
DE Deere & Co. put Sold out 30,000 $12.5Mbefore exit
GM General Motors Co. call Sold out 250,000 $11.2Mbefore exit
GPN Global Payments Inc. call Reduce -77.8% 100,000 $11.2M
BGC BGC Group Inc. Class A call Sold out 1,200,000 $11.0Mbefore exit
CRH CRH PLC call New 100,000 $9.3M
NRG NRG Energy Inc. call New 100,000 $9.0M
XLE SS Energy Select Sector put New 100,000 $8.6M
ACI Albertsons Cos Inc. Class A call New 400,000 $7.9M
XLF SS Financial Select Sector call New 150,000 $7.2M
BE Bloom Energy Corp. Class A call New 300,000 $6.7M
AVGO Broadcom Inc. put Sold out 35,000 $6.0Mbefore exit
AR Antero Resources Corp. call Add +50.0% 150,000 $5.3M
EWZ iShares MSCI Brazil ETF call New 200,000 $4.5M
KGS Kodiak Gas Services Inc. call Sold out 150,000 $4.3Mbefore exit
GTLB Gitlab Inc. Class A call Sold out 75,000 $3.9Mbefore exit
DOCN Digitalocean Holdings Inc. call Sold out 75,000 $3.0Mbefore exit
NCLH Norwegian Cruise Line Holdin call New 100,000 $2.6M
AMTM Amentum Holdings Inc. call New 100,000 $2.1M
LAC Lithium Americas Corp. call Sold out 300,000 $810Kbefore exit

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

Notes & Other Activity Q3 2024 → Q4 2024
BLOOM ENERGY CORP (BE 3 06/01/28) NOTE 3.000% 6/0 · principal New 6,981,000 $9.7M
ARKOW Arko Corp. -CW25 *W EXP 12/22/202 Reduce -48.2% 169,650 $76K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 27$406.9MAPP, BRUN, BKD, NRG, TSM
Q1 2026 13$166.0MNRG, APP, BKD, TSM, LGN
Q4 2025 17$191.6MCRH, FIX, FSLR, NRG, SEI
Q3 2025 17$184.4MFIX, SEI, AVGO, DKS, FTAI
Q2 2025 17$158.6MFIX, APP, AVGO, AMRZ, DKS
Q1 2025 20$110.7MAPP, AER, FIX, AVGO, FTAI
Q4 2024 20$135.7MAPP, NBIS, AVGO, AER, CRH
Q3 2024 21$96.9MAPP, FTAI, AER, CRH, AVGO
Q2 2024 20$82.4MAPP, FTAI, AER, AVGO, CRH
Q1 2024 19$86.9MAPP, AER, GM, CRH, AVGO