Hudson Way Capital Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Hudson Way Capital Management LLC reported 16 stock positions worth $1.0 billion. Its top holding was KKR (KKR) at 15.6% of the portfolio, followed by Churchill Downs (CHDN, 11.9%) and Transdigm (TDG, 9.4%). Compared with Q4 2024, it opened 2 new positions, sold out of 1, added to 9 and reduced 5. The biggest buy was a new position in LKQ (LKQ) and the biggest sale Interactive Brokers Gro Class A (IBKR, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001697597
- Portfolio Value
- $1.0B (Q1 2025)
- SEC Filing
- 0001085146-25-003197 ↗ filed May 15, 2025
Holdings Value
Holdings 16 stocks · $1.0B
| KKR KKR & Co. Inc. | 15.59% | 1,360,868 | $157.3M | Add +58.8% |
| CHDN Churchill Downs Inc. | 11.87% | 1,078,298 | $119.8M | Add +18.1% |
| TDG Transdigm Group Inc. | 9.43% | 68,777 | $95.1M | Add +21.8% |
| SSNC Ss&c Technologies Holdings | 8.81% | 1,064,078 | $88.9M | Add +3.5% |
| SGI Somnigroup International Inc. | 7.74% | 1,304,245 | $78.1M | Add +56.2% |
| HLT Hilton Worldwide Holdings Inc. | 6.04% | 267,622 | $60.9M | Add +6.8% |
| V Visa Inc. Class A | 5.98% | 172,139 | $60.3M | Add +41.3% |
| TYL Tyler Technologies Inc. | 5.77% | 100,199 | $58.3M | Add +40.9% |
| GWRE Guidewire Software Inc. | 5.76% | 310,164 | $58.1M | Reduce -4.6% |
| KBR KBR Inc. | 5.13% | 1,040,062 | $51.8M | Reduce -1.3% |
| LKQ LKQ Corp. | 4.25% | 1,007,549 | $42.9M | New |
| SPOT Spotify Technology SA | 3.73% | 68,493 | $37.7M | Add +5.7% |
| AXON Axon Enterprise Inc. | 2.98% | 57,244 | $30.1M | New |
| SPGI S&P Global Inc. | 2.69% | 53,386 | $27.1M | Reduce -38.2% |
| IBKR Interactive Brokers Gro Class A | 2.26% | 137,645 | $22.8M | Reduce -53.6% |
| PGR Progressive Corp. | 1.95% | 69,656 | $19.7M | Reduce -57.6% |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| LKQ LKQ Corp. | New | 4.25% | +4.25 |
| AXON Axon Enterprise Inc. | New | 2.98% | +2.98 |
| SGI Somnigroup International Inc. | Add +56.2% | 7.74% | +2.39 |
| V Visa Inc. Class A | Add +41.3% | 5.98% | +1.63 |
| TDG Transdigm Group Inc. | Add +21.8% | 9.43% | +1.34 |
| KKR KKR & Co. Inc. | Add +58.8% | 15.59% | +1.27 |
| TYL Tyler Technologies Inc. | Add +40.9% | 5.77% | +1.14 |
| SPOT Spotify Technology SA | Add +5.7% | 3.73% | +0.46 |
| SSNC Ss&c Technologies Holdings | Add +3.5% | 8.81% | +0.01 |
| HLT Hilton Worldwide Holdings Inc. | Add +6.8% | 6.04% | −0.96 |
| CHDN Churchill Downs Inc. | Add +18.1% | 11.87% | −1.90 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 18 | $1.1B | KKR, V, SGI, SPGI, WWD |
| Q1 2026 | 16 | $1.0B | KKR, V, SGI, HLT, CHDN |
| Q4 2025 | 17 | $1.3B | KKR, CHDN, SSNC, SGI, TDG |
| Q3 2025 | 16 | $1.2B | KKR, CHDN, SSNC, SGI, TDG |
| Q2 2025 | 16 | $1.1B | KKR, SGI, CHDN, HLT, TDG |
| Q1 2025 | 16 | $1.0B | KKR, CHDN, TDG, SSNC, SGI |
| Q4 2024 | 15 | $885.0M | KKR, CHDN, SSNC, TDG, HLT |
| Q3 2024 | 15 | $796.7M | KKR, CHDN, TDG, SSNC, IBKR |
| Q2 2024 | 14 | $724.3M | KKR, CHDN, TDG, IBKR, SGI |
| Q1 2024 | 14 | $547.8M | KKR, CHDN, TDG, SGI, IBKR |