In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Lodge Hill Capital, LLC reported 18 stock positions worth $260.6 million . Its top holding was Olin (OLN) at 11.5% of the portfolio, followed by Brunswick (BC, 10.6% ) and Caesars Entertainment (CZR, 9.4% ). Compared with Q4 2023, it opened 2 new positions, sold out of 5, added to 9 and reduced 7. The biggest buy was a new position in BP PLC-Spons ADR (BP) and the biggest sale an exit from Callon Petroleum (CPE).
Location NEW YORK, NY
CIK 0001598245
Portfolio Value $260.6M (Q1 2024) Holdings 18 stocks · $260.6M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 OLN Olin Corp. 510,000 $30.0M Add +79.0% BC Brunswick Corp. 285,500 $27.6M Add +55.5% CZR Caesars Entertainment Inc. 560,600 $24.5M Add +69.3% OC Owens Corning 144,200 $24.1M Add +83.9% ARCH Arch Resources Inc. 131,100 $21.1M Add +54.2% BP BP PLC-Spons ADR 475,000 $17.9M New NOV Nov Inc. 916,400 $17.9M Add +30.9% BLDR Builders Firstsource Inc. 75,300 $15.7M Reduce -39.4% MHK Mohawk Industries Inc. 110,000 $14.4M Reduce -33.3% COOP Mr Cooper Group Inc. 165,100 $12.9M Add +34.6% WMS Advanced Drainage Systems Inc. 71,700 $12.3M Reduce -28.7% APO Apollo Global Management Inc. 99,768 $11.2M Reduce -38.8% XLI SS Industrial Select Sector 84,200 $10.6M Add +115.9% WTTR Select Water Solutions Inc. 760,600 $7.0M Add +4.9% GFF Griffon Corp. 86,700 $6.4M Reduce -30.6% XLV SS Health Care Select Sector 23,500 $3.5M New MCRI Monarch Casino & Resort Inc. 27,582 $2.1M Reduce -71.5% XLP SS Consumer Staples Sel Sect 19,900 $1.5M Reduce -43.1%
Options reported separately and not counted above: SPY puts ($156.9M).
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ CPE Callon Petroleum Co. Sold out 0.00% −3.93 DKNG Draftkings Inc. Class A Sold out 0.00% −3.34 DOOR Masonite International Corp. Sold out 0.00% −3.17 BLDR Builders Firstsource Inc. Reduce -39.4% 6.03% −3.12 VNT Vontier Corp. Sold out 0.00% −3.04 PRKS United Parks & Resorts Inc. Sold out 0.00% −2.59 APO Apollo Global Management Inc. Reduce -38.8% 4.31% −2.39 MCRI Monarch Casino & Resort Inc. Reduce -71.5% 0.79% −2.15 MHK Mohawk Industries Inc. Reduce -33.3% 5.53% −2.00 WMS Advanced Drainage Systems Inc. Reduce -28.7% 4.74% −1.49 GFF Griffon Corp. Reduce -30.6% 2.44% −0.92 XLP SS Consumer Staples Sel Sect Reduce -43.1% 0.58% −0.53
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ BP BP PLC-Spons ADR New 6.87% +6.87 OLN Olin Corp. Add +79.0% 11.51% +4.73 OC Owens Corning Add +83.9% 9.23% +4.11 BC Brunswick Corp. Add +55.5% 10.58% +2.75 CZR Caesars Entertainment Inc. Add +69.3% 9.41% +2.57 XLI SS Industrial Select Sector Add +115.9% 4.07% +2.11 ARCH Arch Resources Inc. Add +54.2% 8.09% +1.88 COOP Mr Cooper Group Inc. Add +34.6% 4.94% +1.42 XLV SS Health Care Select Sector New 1.33% +1.33 NOV Nov Inc. Add +30.9% 6.87% +0.61 WTTR Select Water Solutions Inc. Add +4.9% 2.69% +0.27
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put New 300,000 $156.9M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 27 $596.4M OC, NDSN, RKT, CSL, BCO Q1 2026 Amended 22 $517.9M OC, OSK, RKT, HRB, BCO Q4 2025 22 $529.3M RKT, APO, BCO, OC, HRB Q3 2025 20 $559.8M OC, APO, MHK, CSL, BLDR Q2 2025 18 $434.3M COOP, MHK, APO, CSL, BLDR Q1 2025 22 $422.8M CSL, BDX, MHK, BC, COOP Q4 2024 22 $362.7M CSL, BLDR, BDX, MHK, BC Q3 2024 25 $321.2M ATKR, APO, BC, OC, BP Q2 2024 24 $316.8M BLDR, BC, MHK, OC, OLN Q1 2024 18 $260.6M OLN, BC, CZR, OC, ARCH