Hyperion Capital Advisors LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Hyperion Capital Advisors LP reported 65 stock positions worth $183.7 million. Its top holding was Intercontinental Exchange (ICE) at 8.9% of the portfolio, followed by Alphabet Class C (GOOG, 8.8%) and Meta Platforms Class A (META, 8.1%). Compared with Q4 2024, it opened 3 new positions, sold out of 34, added to 8 and reduced 14. The biggest buy was a new position in Vanguard S&P 500 ETF (VOO) and the biggest sale Elevance Health (ELV, shares −47%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001794499
- Portfolio Value
- $183.7M (Q1 2025)
- SEC Filing
- 0000919574-25-003033 ↗ filed May 15, 2025
Holdings Value
Holdings 65 stocks · $183.7M
| ICE Intercontinental Exchange Inc. | 8.91% | 94,883 | $16.4M | Reduce -31.6% |
| GOOG Alphabet Inc. Class C | 8.77% | 103,189 | $16.1M | Add +4.5% |
| META Meta Platforms Inc. Class A | 8.13% | 25,932 | $14.9M | No change |
| CACC Credit Acceptance Corp. | 7.04% | 25,056 | $12.9M | Reduce -3.7% |
| UNH Unitedhealth Group Inc. | 6.98% | 24,477 | $12.8M | Reduce -3.0% |
| ELV Elevance Health Inc. | 6.21% | 26,214 | $11.4M | Reduce -46.5% |
| SCHW Schwab (charles) Corp. | 5.04% | 118,254 | $9.3M | Reduce -11.9% |
| VOO Vanguard S&P 500 ETF | 4.93% | 17,609 | $9.0M | New |
| GOOGL Alphabet Inc. Class A | 4.47% | 53,122 | $8.2M | Add +6.3% |
| ICLR Icon PLC | 4.18% | 43,925 | $7.7M | No change |
| NFLX Netflix Inc. | 4.10% | 8,087 | $7.5M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 3.60% | 12,402 | $6.6M | No change |
| LBRDK Liberty Broadband-C | 3.25% | 70,099 | $6.0M | Reduce -9.1% |
| LSPD Lightspeed Commerce Inc. | 3.10% | 650,000 | $5.7M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.69% | 25,501 | $3.1M | No change |
| RYAAY Ryanair Holdings PLC-SP ADR | 1.65% | 71,375 | $3.0M | No change |
| BIP Brookfield Infrastructure Pa | 1.56% | 96,019 | $2.9M | No change |
| MA Mastercard Inc. Class A | 1.26% | 4,231 | $2.3M | No change |
| ANET Arista Networks Inc. | 1.02% | 24,228 | $1.9M | No change |
| TSM Taiwan Semiconductor-SP ADR | 1.02% | 11,258 | $1.9M | Add +2.5% |
| HG Hamilton Insurance Grou Class B | 0.99% | 87,959 | $1.8M | No change |
| BUR Burford Capital Ltd. | 0.97% | 135,000 | $1.8M | No change |
| AAPL Apple Inc. | 0.76% | 6,293 | $1.4M | No change |
| KMX Carmax Inc. | 0.69% | 16,327 | $1.3M | No change |
| BRO Brown & Brown Inc. | 0.51% | 7,500 | $933K | No change |
| WAT Waters Corp. | 0.50% | 2,473 | $911K | Reduce -6.2% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.48% | 15,000 | $888K | Reduce -2.3% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.46% | 9,200 | $854K | Add +27.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.43% | 1 | $798K | No change |
| GLD SPDR Gold Shares | 0.43% | 2,738 | $789K | No change |
| CPA Copa Holdings SA Class A | 0.42% | 8,400 | $777K | Add +180.0% |
| THO Thor Industries Inc. | 0.42% | 10,180 | $772K | No change |
| FWONK Liberty Media Corp. Class C | 0.42% | 8,563 | $771K | Add +19.1% |
| BKNG Booking Holdings Inc. | 0.39% | 155 | $714K | Reduce -35.1% |
| AMZN Amazon.com Inc. | 0.34% | 3,300 | $628K | Reduce -11.8% |
| HDB HDFC Bank Ltd.-ADR | 0.27% | 7,420 | $493K | No change |
| WST West Pharmaceutical Services | 0.26% | 2,130 | $477K | No change |
| DE Deere & Co. | 0.23% | 900 | $422K | No change |
| LIN Linde PLC | 0.22% | 863 | $402K | No change |
| FERG Ferguson Enterprises Inc. | 0.21% | 2,450 | $393K | Add +96.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.21% | 9,081 | $379K | No change |
| MSFT Microsoft Corp. | 0.21% | 1,007 | $378K | No change |
| ING ING Groep N.V.-Sponsored ADR | 0.20% | 19,068 | $374K | No change |
| AXP American Express Co. | 0.20% | 1,380 | $371K | No change |
| IBKR Interactive Brokers Gro Class A | 0.19% | 2,113 | $350K | Reduce -36.2% |
| EPD Enterprise Products Partners | 0.19% | 10,000 | $341K | No change |
| AMTM Amentum Holdings Inc. | 0.18% | 18,586 | $338K | Reduce -5.0% |
| EQH Equitable Holdings Inc. | 0.17% | 6,061 | $316K | No change |
| LOW Lowe's Cos Inc. | 0.17% | 1,300 | $303K | No change |
| AVT Avnet Inc. | 0.16% | 6,000 | $289K | No change |
| SBAC SBA Communications Corp. | 0.16% | 1,303 | $287K | No change |
| HCA HCA Healthcare Inc. | 0.15% | 800 | $276K | Reduce -20.0% |
| TBRG Trubridge Inc. | 0.15% | 10,000 | $275K | New |
| COF Capital One Financial Corp. | 0.15% | 1,501 | $269K | No change |
| NBN Northeast Bank | 0.14% | 2,800 | $256K | No change |
| LEN Lennar Corp. Class A | 0.14% | 2,203 | $253K | No change |
| AER Aercap Holdings NV | 0.13% | 2,300 | $235K | No change |
| ATAIBECKLEY INC filed as ATAI LIFE SCIENCES NV | 0.12% | 168,416 | $229K | No change |
| FAST Fastenal Co. | 0.12% | 2,860 | $222K | No change |
| UNP Union Pacific Corp. | 0.12% | 900 | $213K | No change |
| USB US Bancorp | 0.11% | 5,000 | $211K | No change |
| XP XP Inc. Class A | 0.11% | 15,000 | $206K | Add +50.0% |
| STLA Stellantis NV | 0.09% | 15,000 | $168K | Reduce -4.6% |
| AMBP Ardagh Metal Packaging SA | 0.07% | 45,000 | $136K | No change |
| BLND Blend Labs Inc. Class A | 0.05% | 29,848 | $100K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| ELV Elevance Health Inc. | Reduce -46.5% | 6.21% | −3.08 |
| ICE Intercontinental Exchange Inc. | Reduce -31.6% | 8.91% | −1.71 |
| BKNG Booking Holdings Inc. | Reduce -35.1% | 0.39% | −0.22 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.21 |
| IDCC Interdigital Inc. | Sold out | 0.00% | −0.19 |
| WSM Williams-Sonoma Inc. | Sold out | 0.00% | −0.19 |
| GM General Motors Co. | Sold out | 0.00% | −0.18 |
| ALSN Allison Transmission Holding | Sold out | 0.00% | −0.18 |
| DKS Dick's Sporting Goods Inc. | Sold out | 0.00% | −0.17 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.17 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.17 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.17 |
| FLEX Flex Ltd. | Sold out | 0.00% | −0.16 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.15 |
| GIL Gildan Activewear Inc. | Sold out | 0.00% | −0.15 |
| CONSOL ENERGY INC | Sold out | 0.00% | −0.15 |
| MUSA Murphy USA Inc. | Sold out | 0.00% | −0.15 |
| LOPE Grand Canyon Education Inc. | Sold out | 0.00% | −0.14 |
| OC Owens Corning | Sold out | 0.00% | −0.14 |
| FTDR Frontdoor Inc. | Sold out | 0.00% | −0.14 |
| DBX Dropbox Inc. Class A | Sold out | 0.00% | −0.14 |
| LPX Louisiana-Pacific Corp. | Sold out | 0.00% | −0.14 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.13 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.13 |
| HPQ HP Inc. | Sold out | 0.00% | −0.13 |
| RL Ralph Lauren Corp. | Sold out | 0.00% | −0.13 |
| PRKS United Parks & Resorts Inc. | Sold out | 0.00% | −0.13 |
| MATX Matson Inc. | Sold out | 0.00% | −0.13 |
| IHG Intercontinental Hotels-ADR | Sold out | 0.00% | −0.12 |
| CNQ Canadian Natural Resources | Sold out | 0.00% | −0.11 |
| APOG Apogee Enterprises Inc. | Sold out | 0.00% | −0.11 |
| IBKR Interactive Brokers Gro Class A | Reduce -36.2% | 0.19% | −0.11 |
| IMO Imperial Oil Ltd. | Sold out | 0.00% | −0.11 |
| CVE Cenovus Energy Inc. | Sold out | 0.00% | −0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.11 |
| GOLF Acushnet Holdings Corp. | Sold out | 0.00% | −0.11 |
| MTCH Match Group Inc. | Sold out | 0.00% | −0.10 |
| SSNC Ss&c Technologies Holdings | Sold out | 0.00% | −0.10 |
| AMZN Amazon.com Inc. | Reduce -11.8% | 0.34% | −0.08 |
| SCHW Schwab (charles) Corp. | Reduce -11.9% | 5.04% | −0.07 |
| AMTM Amentum Holdings Inc. | Reduce -5.0% | 0.18% | −0.03 |
| UHAL.B U-Haul Holding Co.-Non Voting | Reduce -2.3% | 0.48% | −0.02 |
| STLA Stellantis NV | Reduce -4.6% | 0.09% | −0.01 |
| WAT Waters Corp. | Reduce -6.2% | 0.50% | −0.01 |
| HCA HCA Healthcare Inc. | Reduce -20.0% | 0.15% | −0.00 |
| LBRDK Liberty Broadband-C | Reduce -9.1% | 3.25% | +0.28 |
| UNH Unitedhealth Group Inc. | Reduce -3.0% | 6.98% | +0.42 |
| CACC Credit Acceptance Corp. | Reduce -3.7% | 7.04% | +0.77 |
Portfolio Buys Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | New | 4.93% | +4.93 |
| LSPD Lightspeed Commerce Inc. | New | 3.10% | +3.10 |
| CPA Copa Holdings SA Class A | Add +180.0% | 0.42% | +0.29 |
| TBRG Trubridge Inc. | New | 0.15% | +0.15 |
| KSPI JSC Kaspi.kz ADR | Add +27.8% | 0.46% | +0.11 |
| FERG Ferguson Enterprises Inc. | Add +96.0% | 0.21% | +0.10 |
| FWONK Liberty Media Corp. Class C | Add +19.1% | 0.42% | +0.08 |
| XP XP Inc. Class A | Add +50.0% | 0.11% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.5% | 1.02% | −0.10 |
| GOOGL Alphabet Inc. Class A | Add +6.3% | 4.47% | −0.39 |
| GOOG Alphabet Inc. Class C | Add +4.5% | 8.77% | −0.89 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 67 | $221.7M | ICLR, FWONK, ELV, SUNB, GOOGL |
| Q1 2026 | 68 | $207.7M | GOOGL, ICLR, GOOG, ELV, GMED |
| Q4 2025 | 67 | $204.3M | GOOG, ELV, GOOGL, AMTM, VERX |
| Q3 2025 | 62 | $187.0M | GOOG, GOOGL, ELV, VERX, ICE |
| Q2 2025 | 62 | $159.5M | GOOG, ICE, ELV, GOOGL, META |
| Q1 2025 | 65 | $183.7M | ICE, GOOG, META, CACC, UNH |
| Q4 2024 | 96 | $194.7M | ICE, GOOG, ELV, META, UNH |
| Q3 2024 | 128 | $212.9M | ICE, ELV, GOOG, META, UNH |
| Q2 2024 | 103 | $213.1M | ICE, GOOG, ELV, META, CACC |
| Q1 2024 | 110 | $212.0M | ICE, ELV, GOOG, CACC, META |