Hyperion Capital Advisors LP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Hyperion Capital Advisors LP reported 62 stock positions worth $187.0 million. Its top holding was Alphabet Class C (GOOG) at 10.2% of the portfolio, followed by Alphabet Class A (GOOGL, 9.0%) and Elevance Health (ELV, 8.9%). Compared with Q2 2025, it opened 2 new positions, sold out of 3, added to 10 and reduced 11. The biggest buy was a new position in Vertex Class A (VERX) and the biggest sale Meta Platforms Class A (META, shares −20%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001794499
Portfolio Value
$187.0M (Q3 2025)
SEC Filing
0000919574-25-006763 ↗ filed Nov 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $212.0M Q1 2024 Q2 2024: $213.1M Q2 2024 Q3 2024: $212.9M Q3 2024 Q4 2024: $194.7M Q4 2024 Q1 2025: $183.7M Q1 2025 Q2 2025: $159.5M Q2 2025 Q3 2025: $187.0M $187.0M Q3 2025 Q4 2025: $204.3M Q4 2025 Q1 2026: $207.7M Q1 2026 Q2 2026: $221.7M Q2 2026

Holdings 62 stocks · $187.0M
GOOG Alphabet Inc. Class C 10.19% 78,232 $19.1M Reduce -8.4%
GOOGL Alphabet Inc. Class A 9.03% 69,440 $16.9M Reduce -9.7%
ELV Elevance Health Inc. 8.92% 51,643 $16.7M Add +46.6%
VERX Vertex Inc. Class A 7.16% 540,000 $13.4M New
ICE Intercontinental Exchange Inc. 6.87% 76,272 $12.9M Reduce -2.6%
UNH Unitedhealth Group Inc. 6.65% 36,032 $12.4M Add +42.1%
META Meta Platforms Inc. Class A 5.53% 14,087 $10.3M Reduce -20.4%
AMTM Amentum Holdings Inc. 5.38% 420,008 $10.1M Add +715.8%
NFLX Netflix Inc. 5.08% 7,920 $9.5M Reduce -2.1%
SCHW Schwab (charles) Corp. 5.00% 97,880 $9.3M Reduce -4.0%
CACC Credit Acceptance Corp. 4.61% 18,480 $8.6M Reduce -2.4%
ICLR Icon PLC 4.61% 49,264 $8.6M Add +1.6%
RYAAY Ryanair Holdings PLC-SP ADR 2.30% 71,375 $4.3M No change
LBRDK Liberty Broadband-C 2.15% 63,301 $4.0M Reduce -2.6%
BIP Brookfield Infrastructure Pa 1.69% 96,019 $3.2M No change
BUR Burford Capital Ltd. 1.02% 159,000 $1.9M Add +5.3%
FWONK Liberty Media Corp. Class C 0.88% 15,742 $1.6M Add +3.8%
AAPL Apple Inc. 0.85% 6,248 $1.6M Reduce -0.8%
TSM Taiwan Semiconductor-SP ADR 0.77% 5,167 $1.4M Reduce -4.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.75% 9,665 $1.4M No change
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.64% 14,560 $1.2M Add +30.5%
UHAL.B U-Haul Holding Co.-Non Voting 0.62% 22,800 $1.2M Add +52.0%
THO Thor Industries Inc. 0.56% 10,180 $1.1M No change
CPA Copa Holdings SA Class A 0.53% 8,400 $998K No change
GLD SPDR Gold Shares 0.52% 2,738 $973K No change
BRK.B Berkshire Hathaway Inc. Class B 0.47% 1,754 $882K No change
ING ING Groep N.V.-Sponsored ADR 0.42% 29,827 $778K Add +6.6%
BRK.A Berkshire Hathaway Inc. Class A 0.40% 1 $754K No change
AMZN Amazon.com Inc. 0.39% 3,300 $725K No change
BRO Brown & Brown Inc. 0.38% 7,500 $703K No change
MSFT Microsoft Corp. 0.31% 1,127 $584K No change
WST West Pharmaceutical Services 0.30% 2,130 $559K No change
HDB HDFC Bank Ltd.-ADR 0.27% 14,840 $507K No change
WAT Waters Corp. 0.26% 1,634 $490K No change
GLIBK Liberty Capital Corp. Class C filed as GCI LIBERTY INC 0.25% 12,659 $472K Reduce -2.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.25% 9,081 $468K No change
AXP American Express Co. 0.25% 1,380 $458K No change
DE Deere & Co. 0.22% 900 $412K No change
LIN Linde PLC 0.22% 863 $410K No change
DAL Delta Air Lines Inc. 0.20% 6,750 $383K No change
AVT Avnet Inc. 0.20% 7,200 $376K Add +20.0%
SGU Star Group LP 0.19% 29,400 $348K No change
HCA HCA Healthcare Inc. 0.18% 800 $341K No change
LOW Lowe's Cos Inc. 0.17% 1,300 $327K No change
EPD Enterprise Products Partners 0.17% 10,000 $313K No change
EQH Equitable Holdings Inc. 0.16% 6,061 $308K No change
XP XP Inc. Class A 0.15% 15,000 $282K No change
CB Chubb Ltd. 0.15% 995 $281K New
FAST Fastenal Co. 0.15% 5,720 $281K No change
NBN Northeast Bank 0.15% 2,800 $280K No change
AER Aercap Holdings NV 0.15% 2,300 $278K No change
LEN Lennar Corp. Class A 0.15% 2,203 $278K No change
FERG Ferguson Enterprises Inc. 0.14% 1,200 $269K No change
SBAC SBA Communications Corp. 0.13% 1,303 $252K No change
USB US Bancorp 0.13% 5,000 $242K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.13% 352 $234K No change
PRKS United Parks & Resorts Inc. 0.12% 4,500 $233K No change
COF Capital One Financial Corp. 0.12% 1,071 $228K No change
UNP Union Pacific Corp. 0.11% 900 $213K No change
AMBP Ardagh Metal Packaging SA 0.10% 45,000 $180K No change
STLA Stellantis NV 0.07% 15,000 $140K No change
BLND Blend Labs Inc. Class A 0.06% 29,848 $109K No change

Portfolio Sells Q2 2025 → Q3 2025
META Meta Platforms Inc. Class A Reduce -20.4% 5.53% −2.66
VOO Vanguard S&P 500 ETF Sold out 0.00% −2.65
ICE Intercontinental Exchange Inc. Reduce -2.6% 6.87% −2.14
LBRDK Liberty Broadband-C Reduce -2.6% 2.15% −1.86
NFLX Netflix Inc. Reduce -2.1% 5.08% −1.71
CACC Credit Acceptance Corp. Reduce -2.4% 4.61% −1.43
SCHW Schwab (charles) Corp. Reduce -4.0% 5.00% −0.83
ATAIBECKLEY INC Sold out 0.00% −0.23
TBRG Trubridge Inc. Sold out 0.00% −0.15
GLIBK Liberty Capital Corp. Class C Reduce -2.6% 0.25% −0.05
TSM Taiwan Semiconductor-SP ADR Reduce -4.7% 0.77% +0.00
AAPL Apple Inc. Reduce -0.8% 0.85% +0.04
GOOGL Alphabet Inc. Class A Reduce -9.7% 9.03% +0.53
GOOG Alphabet Inc. Class C Reduce -8.4% 10.19% +0.69

Portfolio Buys Q2 2025 → Q3 2025
VERX Vertex Inc. Class A New 7.16% +7.16
AMTM Amentum Holdings Inc. Add +715.8% 5.38% +4.62
UNH Unitedhealth Group Inc. Add +42.1% 6.65% +1.69
ELV Elevance Health Inc. Add +46.6% 8.92% +0.34
ICLR Icon PLC Add +1.6% 4.61% +0.19
CB Chubb Ltd. New 0.15% +0.15
UHAL.B U-Haul Holding Co.-Non Voting Add +52.0% 0.62% +0.11
KSPI JSC Kaspi.kz ADR Add +30.5% 0.64% +0.04
ING ING Groep N.V.-Sponsored ADR Add +6.6% 0.42% +0.03
AVT Avnet Inc. Add +20.0% 0.20% +0.00
FWONK Liberty Media Corp. Class C Add +3.8% 0.88% −0.11
BUR Burford Capital Ltd. Add +5.3% 1.02% −0.33

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 67$221.7MICLR, FWONK, ELV, SUNB, GOOGL
Q1 2026 68$207.7MGOOGL, ICLR, GOOG, ELV, GMED
Q4 2025 67$204.3MGOOG, ELV, GOOGL, AMTM, VERX
Q3 2025 62$187.0MGOOG, GOOGL, ELV, VERX, ICE
Q2 2025 62$159.5MGOOG, ICE, ELV, GOOGL, META
Q1 2025 65$183.7MICE, GOOG, META, CACC, UNH
Q4 2024 96$194.7MICE, GOOG, ELV, META, UNH
Q3 2024 128$212.9MICE, ELV, GOOG, META, UNH
Q2 2024 103$213.1MICE, GOOG, ELV, META, CACC
Q1 2024 110$212.0MICE, ELV, GOOG, CACC, META