Nekton Capital Ltd.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Nekton Capital Ltd. reported 16 stock positions worth $428.8 million. Its top holding was Pioneer Natural Resources (PXD) at 20.0% of the portfolio, followed by Union Pacific (UNP, 14.3%) and Canadian Natl Railway (CNI, 8.7%). Compared with Q4 2023, it opened 8 new positions, sold out of 5, added to 1 and reduced 7. The biggest buy was a new position in Pioneer Natural Resources (PXD) and the biggest sale Albertsons Cos Class A (ACI, shares −74%).
- Most Recent 13F
- Q3 2025
- Location
- LONDON, X0
- CIK
- 0001884716
- Portfolio Value
- $428.8M (Q1 2024)
- SEC Filing
- 0001884716-24-000003 ↗ filed May 15, 2024
Holdings Value
Holdings 16 stocks · $428.8M
| PXD Pioneer Natural Resources Co. | 20.00% | 326,650 | $85.7M | New |
| UNP Union Pacific Corp. | 14.34% | 250,029 | $61.5M | Reduce -18.4% |
| CNI Canadian Natl Railway Co. | 8.66% | 281,986 | $37.1M | Reduce -28.9% |
| UDR Udr Inc. | 8.53% | 977,632 | $36.6M | Reduce -17.9% |
| HES Hess Corp. | 8.50% | 238,713 | $36.4M | New |
| EMR Emerson Electric Co. | 8.47% | 320,272 | $36.3M | Reduce -51.4% |
| TECK Teck Resources Ltd.-CLS B | 6.46% | 605,277 | $27.7M | Reduce -35.5% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 5.74% | 159,740 | $24.6M | Add +3.6% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 4.59% | 311,892 | $19.7M | New |
| ACI Albertsons Cos Inc. Class A | 2.30% | 460,812 | $9.9M | Reduce -74.3% |
| DTE DTE Energy Company | 2.20% | 84,100 | $9.4M | New |
| NI Nisource Inc. | 2.19% | 339,040 | $9.4M | New |
| PPL PPL Corp. | 2.19% | 340,411 | $9.4M | New |
| CMS CMS Energy Corp. | 2.18% | 154,838 | $9.3M | New |
| CNP Centerpoint Energy Inc. | 2.11% | 317,849 | $9.1M | New |
| EXC Exelon Corp. | 1.54% | 175,505 | $6.6M | Reduce -77.7% |
Portfolio Sells Q4 2023 → Q1 2024
| ACI Albertsons Cos Inc. Class A | Reduce -74.3% | 2.30% | −7.17 |
| EMR Emerson Electric Co. | Reduce -51.4% | 8.47% | −6.25 |
| PTC PTC Inc. | Sold out | 0.00% | −5.27 |
| ARMK Aramark | Sold out | 0.00% | −5.18 |
| EXC Exelon Corp. | Reduce -77.7% | 1.54% | −4.96 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −3.38 |
| UNP Union Pacific Corp. | Reduce -18.4% | 14.34% | −2.96 |
| CNI Canadian Natl Railway Co. | Reduce -28.9% | 8.66% | −2.78 |
| TECK Teck Resources Ltd.-CLS B | Reduce -35.5% | 6.46% | −2.65 |
| UDR Udr Inc. | Reduce -17.9% | 8.53% | −1.94 |
| J Jacobs Solutions Inc. | Sold out | 0.00% | −1.22 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.74 |
Portfolio Buys Q4 2023 → Q1 2024
| PXD Pioneer Natural Resources Co. | New | 20.00% | +20.00 |
| HES Hess Corp. | New | 8.50% | +8.50 |
| VMRK Vivmark Residential | New | 4.59% | +4.59 |
| DTE DTE Energy Company | New | 2.20% | +2.20 |
| NI Nisource Inc. | New | 2.19% | +2.19 |
| PPL PPL Corp. | New | 2.19% | +2.19 |
| CMS CMS Energy Corp. | New | 2.18% | +2.18 |
| CNP Centerpoint Energy Inc. | New | 2.11% | +2.11 |
| EL Estee Lauder Companies Class A | Add +3.6% | 5.74% | +0.56 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 18 | $49.4M | PLD, MDT, UDR, UNP, EL |
| Q2 2025 | 13 | $49.3M | HES, TECK, UNP, EL, PLD |
| Q1 2025 | 9 | $36.1M | HES, UNP, TECK, PLD, EL |
| Q4 2024 | 7 | $38.0M | HES, AZPN, UNP, TECK, PLD |
| Q3 2024 | 4 | $22.1M | HES, UNP, TECK, EL |
| Q2 2024 | 14 | $220.2M | UNP, UDR, HES, TECK, EL |
| Q1 2024 | 16 | $428.8M | PXD, UNP, CNI, UDR, HES |