Nitorum Capital, L.P.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Nitorum Capital, L.P. reported 28 stock positions worth $982.2 million. Its top holding was Churchill Downs (CHDN) at 8.6% of the portfolio, followed by Martin Marietta Materials (MLM, 7.5%) and Fidelity National Info Serv (FIS, 6.1%). Compared with Q4 2023, it opened 2 new positions, sold out of 2, added to 6 and reduced 20. The biggest buy was a new position in Acadia Healthcare (ACHC) and the biggest sale MSC Industrial Direct Class A (MSM, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001630243
- Portfolio Value
- $982.2M (Q1 2024)
- SEC Filing
- 0001630243-24-000007 ↗ filed May 15, 2024
Holdings Value
Holdings 28 stocks · $982.2M
| CHDN Churchill Downs Inc. | 8.57% | 680,038 | $84.2M | Add +15.7% |
| MLM Martin Marietta Materials | 7.48% | 119,604 | $73.4M | Reduce -10.2% |
| FIS Fidelity National Info Serv | 6.13% | 811,019 | $60.2M | Reduce -1.9% |
| CNNE Cannae Holdings Inc. | 5.57% | 2,458,026 | $54.7M | Reduce -2.0% |
| PRMW Primo Water Corp. | 5.48% | 2,957,406 | $53.9M | Add +3.7% |
| FISV Fiserv Inc. | 5.28% | 324,748 | $51.9M | Reduce -6.2% |
| MNKD Mannkind Corp. | 4.65% | 10,079,558 | $45.7M | Reduce -6.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.34% | 101,397 | $42.6M | Reduce -8.1% |
| MA Mastercard Inc. Class A | 4.34% | 88,516 | $42.6M | Reduce -19.3% |
| BIO Bio-Rad Laboratories-A | 3.93% | 111,653 | $38.6M | Reduce -17.2% |
| UTHR United Therapeutics Corp. | 3.39% | 144,933 | $33.3M | Add +19.0% |
| ACHC Acadia Healthcare Co. Inc. | 3.36% | 416,000 | $33.0M | New |
| BYD Boyd Gaming Corp. | 3.17% | 462,168 | $31.1M | Reduce -1.9% |
| GNTX Gentex Corp. | 3.12% | 847,746 | $30.6M | Reduce -1.4% |
| FCN Fti Consulting Inc. | 3.10% | 144,990 | $30.5M | Reduce -5.4% |
| RBA RB Global Inc. | 3.08% | 397,518 | $30.3M | Reduce -1.4% |
| CPRT Copart Inc. | 2.94% | 498,616 | $28.9M | Reduce -5.6% |
| WBS Webster Financial Corp. | 2.72% | 526,388 | $26.7M | Reduce -1.9% |
| PSMT Pricesmart Inc. | 2.50% | 292,821 | $24.6M | Reduce -5.2% |
| EVR Evercore Inc. Class A | 2.36% | 120,444 | $23.2M | Reduce -22.5% |
| LAUR Laureate Education Inc. | 2.33% | 1,571,610 | $22.9M | Reduce -5.4% |
| ORLY O'reilly Automotive Inc. | 2.30% | 20,009 | $22.6M | Add +26.6% |
| EBAY eBay Inc. | 2.24% | 416,694 | $22.0M | Reduce -33.7% |
| ICUI Icu Medical Inc. | 2.11% | 193,438 | $20.8M | Add +127.3% |
| CNC Centene Corp. | 2.10% | 263,347 | $20.7M | Add +40.0% |
| VRSN Verisign Inc. | 1.72% | 89,000 | $16.9M | New |
| VMI Valmont Industries | 1.65% | 71,061 | $16.2M | Reduce -24.4% |
| MSM MSC Industrial Direct Co. Class A | 0.04% | 3,618 | $351K | Reduce -99.2% |
Portfolio Sells Q4 2023 → Q1 2024
| MSM MSC Industrial Direct Co. Class A | Reduce -99.2% | 0.04% | −4.83 |
| HSY The Hershey Co. | Sold out | 0.00% | −2.09 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −1.38 |
| BIO Bio-Rad Laboratories-A | Reduce -17.2% | 3.93% | −0.73 |
| EBAY eBay Inc. | Reduce -33.7% | 2.24% | −0.70 |
| VMI Valmont Industries | Reduce -24.4% | 1.65% | −0.69 |
| MA Mastercard Inc. Class A | Reduce -19.3% | 4.34% | −0.67 |
| EVR Evercore Inc. Class A | Reduce -22.5% | 2.36% | −0.48 |
| WBS Webster Financial Corp. | Reduce -1.9% | 2.72% | −0.19 |
| FCN Fti Consulting Inc. | Reduce -5.4% | 3.10% | −0.16 |
| LAUR Laureate Education Inc. | Reduce -5.4% | 2.33% | −0.10 |
| PSMT Pricesmart Inc. | Reduce -5.2% | 2.50% | +0.00 |
| BYD Boyd Gaming Corp. | Reduce -1.9% | 3.17% | +0.01 |
| GNTX Gentex Corp. | Reduce -1.4% | 3.12% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -8.1% | 4.34% | +0.13 |
| CPRT Copart Inc. | Reduce -5.6% | 2.94% | +0.17 |
| RBA RB Global Inc. | Reduce -1.4% | 3.08% | +0.20 |
| CNNE Cannae Holdings Inc. | Reduce -2.0% | 5.57% | +0.33 |
| FISV Fiserv Inc. | Reduce -6.2% | 5.28% | +0.37 |
| MLM Martin Marietta Materials | Reduce -10.2% | 7.48% | +0.37 |
| MNKD Mannkind Corp. | Reduce -6.9% | 4.65% | +0.43 |
| FIS Fidelity National Info Serv | Reduce -1.9% | 6.13% | +0.81 |
Portfolio Buys Q4 2023 → Q1 2024
| ACHC Acadia Healthcare Co. Inc. | New | 3.36% | +3.36 |
| VRSN Verisign Inc. | New | 1.72% | +1.72 |
| ICUI Icu Medical Inc. | Add +127.3% | 2.11% | +1.21 |
| PRMW Primo Water Corp. | Add +3.7% | 5.48% | +0.89 |
| ORLY O'reilly Automotive Inc. | Add +26.6% | 2.30% | +0.69 |
| CNC Centene Corp. | Add +40.0% | 2.10% | +0.61 |
| UTHR United Therapeutics Corp. | Add +19.0% | 3.39% | +0.52 |
| CHDN Churchill Downs Inc. | Add +15.7% | 8.57% | +0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 23 | $146.8M | MDY, DELL, MLM, RBA, RSP |
| Q1 2026 | 20 | $113.9M | MDY, MLM, DELL, RBA, CHDN |
| Q4 2025 | 25 | $452.4M | CHDN, MLM, MNKD, RBA, DELL |
| Q3 2025 | 27 | $569.3M | MLM, CHDN, MNKD, DELL, RBA |
| Q2 2025 | 28 | $674.3M | MLM, CHDN, CNNE, PRMB, FISV |
| Q1 2025 | 28 | $711.7M | PRMB, CHDN, MLM, MNKD, FISV |
| Q4 2024 | 26 | $869.6M | PRMB, CHDN, MLM, MNKD, FUN |
| Q3 2024 | 28 | $993.5M | CHDN, PRMW, MLM, MNKD, FISV |
| Q2 2024 | 27 | $917.3M | CHDN, MLM, PRMW, MNKD, FISV |
| Q1 2024 | 28 | $982.2M | CHDN, MLM, FIS, CNNE, PRMW |