Kettle Hill Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Kettle Hill Capital Management, LLC reported 41 stock positions worth $432.1 million. Its top holding was WYNN Resorts (WYNN) at 5.6% of the portfolio, followed by Penn Entertainment (PENN, 5.4%) and Abercrombie & Fitch Class A (ANF, 5.4%). Compared with Q1 2025, it opened 24 new positions, sold out of 24, added to 11 and reduced 6. The biggest buy was a new position in Abercrombie & Fitch Class A (ANF) and the biggest sale an exit from Kimco Realty (KIM).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001387369
- Portfolio Value
- $432.1M (Q2 2025)
- SEC Filing
- 0000919574-25-004653 ↗ filed Aug 14, 2025
Holdings Value
Holdings 41 stocks · $432.1M
| WYNN WYNN Resorts Ltd. | 5.56% | 256,701 | $24.0M | Reduce -24.2% |
| PENN Penn Entertainment Inc. | 5.43% | 1,313,344 | $23.5M | Reduce -23.6% |
| ANF Abercrombie & Fitch Co. Class A | 5.41% | 282,366 | $23.4M | New |
| JEF Jefferies Financial Group Inc. | 4.99% | 394,285 | $21.6M | New |
| HR Healthcare Realty Trust Inc. | 4.33% | 1,180,794 | $18.7M | Reduce -12.2% |
| RKT Rocket Cos Inc. Class A | 4.25% | 1,293,838 | $18.3M | New |
| WSM Williams-Sonoma Inc. | 4.23% | 111,900 | $18.3M | New |
| BLDR Builders Firstsource Inc. | 4.10% | 151,668 | $17.7M | New |
| EVR Evercore Inc. Class A | 4.09% | 65,451 | $17.7M | New |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 4.08% | 239,914 | $17.6M | New |
| U Unity Software Inc. | 3.44% | 614,143 | $14.9M | New |
| DUK Duke Energy Corp. | 3.33% | 121,801 | $14.4M | Add +18.3% |
| ED Consolidated Edison Inc. | 3.32% | 143,114 | $14.4M | Add +39.6% |
| BEN Franklin Templeton Inc. | 2.84% | 514,200 | $12.3M | Reduce -56.7% |
| SIG Signet Jewelers Ltd. | 2.81% | 152,718 | $12.1M | New |
| ZM Zoom Communications Inc. | 2.71% | 150,055 | $11.7M | Reduce -51.3% |
| TFX Teleflex Inc. | 2.57% | 93,768 | $11.1M | New |
| PEB Pebblebrook Hotel Trust | 2.36% | 1,018,660 | $10.2M | Add +248.7% |
| LUV Southwest Airlines Co. | 2.25% | 299,318 | $9.7M | Reduce -18.6% |
| PPL PPL Corp. | 2.20% | 280,762 | $9.5M | Add +31.6% |
| NXPI NXP Semiconductors NV | 2.20% | 43,536 | $9.5M | Add +45.6% |
| HII Huntington Ingalls Industrie | 1.81% | 32,469 | $7.8M | Add +37.5% |
| IWM iShares Russell 2000 ETF | 1.75% | 35,137 | $7.6M | Add +3.0% |
| PSN Parsons Corp. | 1.57% | 94,261 | $6.8M | New |
| SLG SL Green Realty Corp. | 1.43% | 99,605 | $6.2M | New |
| PINS Pinterest Inc. Class A | 1.43% | 171,745 | $6.2M | New |
| ZION Zions Bancorp NA | 1.41% | 117,634 | $6.1M | New |
| FITB Fifth Third Bancorp | 1.41% | 148,243 | $6.1M | New |
| TOL Toll Brothers Inc. | 1.40% | 52,967 | $6.0M | New |
| PHM Pultegroup Inc. | 1.39% | 56,790 | $6.0M | New |
| EXC Exelon Corp. | 1.36% | 135,332 | $5.9M | New |
| KMX Carmax Inc. | 1.33% | 85,638 | $5.8M | Add +90.1% |
| RTO Rentokil Initial PLC-SP ADR | 1.32% | 237,962 | $5.7M | New |
| AESI Atlas Energy Solutions Inc. | 1.27% | 409,369 | $5.5M | Add +227.6% |
| INSW International Seaways Inc. | 1.04% | 123,209 | $4.5M | Add +20.2% |
| GEO The Geo Group Inc. | 0.75% | 134,616 | $3.2M | New |
| MRCY Mercury Systems Inc. | 0.72% | 57,905 | $3.1M | New |
| CABO Cable One Inc. | 0.56% | 17,937 | $2.4M | New |
| HUDSON PAC PPTYS INC | 0.54% | 849,425 | $2.3M | New |
| VPG Vishay Precision Group | 0.53% | 81,769 | $2.3M | Add +44.1% |
| ENR Energizer Holdings Inc. | 0.48% | 102,894 | $2.1M | New |
Portfolio Sells Q1 2025 → Q2 2025
| KIM Kimco Realty Corp. | Sold out | 0.00% | −5.60 |
| RH RH | Sold out | 0.00% | −4.59 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −3.77 |
| DLTR Dollar Tree Inc. | Sold out | 0.00% | −3.71 |
| ADBE Adobe Inc. | Sold out | 0.00% | −3.71 |
| ZM Zoom Communications Inc. | Reduce -51.3% | 2.71% | −3.53 |
| BEN Franklin Templeton Inc. | Reduce -56.7% | 2.84% | −3.44 |
| SHAK Shake Shack Inc. Class A | Sold out | 0.00% | −3.25 |
| NFLX Netflix Inc. | Sold out | 0.00% | −3.10 |
| XEL Xcel Energy Inc. | Sold out | 0.00% | −3.08 |
| AEO American Eagle Outfitters | Sold out | 0.00% | −2.38 |
| PENN Penn Entertainment Inc. | Reduce -23.6% | 5.43% | −2.27 |
| WYNN WYNN Resorts Ltd. | Reduce -24.2% | 5.56% | −2.20 |
| APA Apa Corp. | Sold out | 0.00% | −2.18 |
| HR Healthcare Realty Trust Inc. | Reduce -12.2% | 4.33% | −1.91 |
| SBLK Star Bulk Carriers Corp. | Sold out | 0.00% | −1.32 |
| LUV Southwest Airlines Co. | Reduce -18.6% | 2.25% | −1.14 |
| DHT DHT Holdings Inc. | Sold out | 0.00% | −0.97 |
| JBL Jabil Inc. | Sold out | 0.00% | −0.88 |
| NOVT Novanta Inc. | Sold out | 0.00% | −0.88 |
| RRX Regal Rexnord Corp. | Sold out | 0.00% | −0.86 |
| MQ Marqeta Inc. | Sold out | 0.00% | −0.65 |
| ALGM Allegro Microsystems Inc. | Sold out | 0.00% | −0.64 |
| PK Park Hotels & Resorts Inc. | Sold out | 0.00% | −0.64 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Sold out | 0.00% | −0.63 |
| ESTC Elastic NV | Sold out | 0.00% | −0.62 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.61 |
| FMC FMC Corp. | Sold out | 0.00% | −0.48 |
| EYE National Vision Holdings Inc. | Sold out | 0.00% | −0.42 |
| ATEX Anterix Inc. | Sold out | 0.00% | −0.30 |
Portfolio Buys Q1 2025 → Q2 2025
| ANF Abercrombie & Fitch Co. Class A | New | 5.41% | +5.41 |
| JEF Jefferies Financial Group Inc. | New | 4.99% | +4.99 |
| RKT Rocket Cos Inc. Class A | New | 4.25% | +4.25 |
| WSM Williams-Sonoma Inc. | New | 4.23% | +4.23 |
| BLDR Builders Firstsource Inc. | New | 4.10% | +4.10 |
| EVR Evercore Inc. Class A | New | 4.09% | +4.09 |
| IFF Intl Flavors & Fragrances | New | 4.08% | +4.08 |
| U Unity Software Inc. | New | 3.44% | +3.44 |
| SIG Signet Jewelers Ltd. | New | 2.81% | +2.81 |
| TFX Teleflex Inc. | New | 2.57% | +2.57 |
| PSN Parsons Corp. | New | 1.57% | +1.57 |
| PEB Pebblebrook Hotel Trust | Add +248.7% | 2.36% | +1.54 |
| SLG SL Green Realty Corp. | New | 1.43% | +1.43 |
| PINS Pinterest Inc. Class A | New | 1.43% | +1.43 |
| ZION Zions Bancorp NA | New | 1.41% | +1.41 |
| FITB Fifth Third Bancorp | New | 1.41% | +1.41 |
| TOL Toll Brothers Inc. | New | 1.40% | +1.40 |
| PHM Pultegroup Inc. | New | 1.39% | +1.39 |
| EXC Exelon Corp. | New | 1.36% | +1.36 |
| RTO Rentokil Initial PLC-SP ADR | New | 1.32% | +1.32 |
| GEO The Geo Group Inc. | New | 0.75% | +0.75 |
| MRCY Mercury Systems Inc. | New | 0.72% | +0.72 |
| AESI Atlas Energy Solutions Inc. | Add +227.6% | 1.27% | +0.65 |
| NXPI NXP Semiconductors NV | Add +45.6% | 2.20% | +0.64 |
| CABO Cable One Inc. | New | 0.56% | +0.56 |
| HUDSON PAC PPTYS INC | New | 0.54% | +0.54 |
| HII Huntington Ingalls Industrie | Add +37.5% | 1.81% | +0.49 |
| ENR Energizer Holdings Inc. | New | 0.48% | +0.48 |
| KMX Carmax Inc. | Add +90.1% | 1.33% | +0.37 |
| ED Consolidated Edison Inc. | Add +39.6% | 3.32% | +0.21 |
| VPG Vishay Precision Group | Add +44.1% | 0.53% | +0.16 |
| INSW International Seaways Inc. | Add +20.2% | 1.04% | +0.11 |
| PPL PPL Corp. | Add +31.6% | 2.20% | +0.09 |
| IWM iShares Russell 2000 ETF | Add +3.0% | 1.75% | −0.11 |
| DUK Duke Energy Corp. | Add +18.3% | 3.33% | −0.12 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 35 | $406.4M | PSN, NXPI, VZ, AVTR, IFF |
| Q1 2026 | 45 | $399.1M | CHDN, MTN, RKT, BEN, NXPI |
| Q4 2025 | 39 | $448.4M | ESTC, U, RH, PENN, WYNN |
| Q3 2025 | 36 | $444.5M | LKQ, PSN, WYNN, IFF, RKT |
| Q2 2025 | 41 | $432.1M | WYNN, PENN, ANF, JEF, HR |
| Q1 2025 | 41 | $364.3M | WYNN, PENN, BEN, ZM, HR |
| Q4 2024 | 36 | $460.3M | PENN, WYNN, RH, KIM, HR |
| Q3 2024 | 35 | $389.9M | UPS, T, VZ, PENN, DLTR |
| Q2 2024 | 47 | $396.7M | TKO, KIM, PENN, PK, ZM |
| Q1 2024 | 39 | $411.3M | TKO, RIG, KIM, PENN, ZM |