One Fin Capital Management LP

Name: One Fin Capital Management LP 13F holdings, Q1 2025
Creator: One Fin Capital Management LP
Published: 2025-05-15

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), One Fin Capital Management LP reported 13 stock positions worth $180.4 million. Its top holding was Driven Brands (DRVN) at 15.1% of the portfolio, followed by Capri (CPRI, 12.7%) and Grail (GRAL, 10.6%). Compared with Q4 2024, it opened 7 new positions, sold out of 11, added to 2 and reduced 2. The biggest buy was a new position in Capri (CPRI) and the biggest sale an exit from Nebius (NBIS).

Most Recent 13F: Q2 2026
Location: San Francisco, CA
CIK: 0001753875
Portfolio Value: $180.4M (Q1 2025)
SEC Filing: 0000935836-25-000379 ↗ filed May 15, 2025

Holdings Value

Holdings 13 stocks · $180.4M


DRVN Driven Brands Holdings Inc.	15.10%	1,590,000	$27.3M	Add +6.0%
CPRI Capri Holdings Ltd.	12.74%	1,165,000	$23.0M	New
GRAL Grail Inc.	10.62%	750,000	$19.2M	No change
FDX FedEx Corp.	10.00%	74,000	$18.0M	New
INTC Intel Corp.	9.06%	720,000	$16.4M	New
OMC Omnicom Group	7.87%	171,299	$14.2M	No change
DFS Discover Financial Services	7.57%	80,000	$13.7M	Reduce -20.0%
HSIC Henry Schein Inc.	6.45%	170,000	$11.6M	New
ACN Accenture PLC Class A	6.05%	35,000	$10.9M	New
J Jacobs Solutions Inc.	4.69%	70,000	$8.5M	Reduce -30.0%
FWRD Forward Air Corp.	4.45%	400,000	$8.0M	Add +19.1%
ORCL Oracle Corp.	2.91%	37,500	$5.2M	New
HRI Herc Holdings Inc. filed as HERC HLDGS INC	2.49%	33,462	$4.5M	New

Other holdings (1): bonds, preferreds, convertibles and warrants · $24.4M (not counted above)

Security	Class	Shares / Principal	Value	Change
LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27)	NOTE 1.750% 1/1 · principal	29,500,000	$24.4M	Add +118.5%

Total filed on the 13F, all lines: $204.9M.

Portfolio Sells Q4 2024 → Q1 2025


NBIS Nebius Group NV	Sold out	0.00%	−13.79
QXO Qxo Inc.	Sold out	0.00%	−10.08
SEE Sealed Air Corp.	Sold out	0.00%	−5.44
BATRK Atlanta Braves Holdings in-C	Sold out	0.00%	−5.41
LNTH Lantheus Holdings Inc.	Sold out	0.00%	−4.86
KNX Knight-Swift Transportation	Sold out	0.00%	−4.80
LBTYA Liberty Global Ltd. Class A	Sold out	0.00%	−4.45
K Kellanova	Sold out	0.00%	−3.67
MQ Marqeta Inc.	Sold out	0.00%	−2.57
WLFC Willis Lease Finance Corp.	Sold out	0.00%	−1.55
J Jacobs Solutions Inc.	Reduce -30.0%	4.69%	−1.36
LBTYK Liberty Global Ltd. Class C	Sold out	0.00%	−0.89
DFS Discover Financial Services	Reduce -20.0%	7.57%	−0.27

Portfolio Buys Q4 2024 → Q1 2025


CPRI Capri Holdings Ltd.	New	12.74%	+12.74
FDX FedEx Corp.	New	10.00%	+10.00
INTC Intel Corp.	New	9.06%	+9.06
HSIC Henry Schein Inc.	New	6.45%	+6.45
ACN Accenture PLC Class A	New	6.05%	+6.05
DRVN Driven Brands Holdings Inc.	Add +6.0%	15.10%	+4.14
ORCL Oracle Corp.	New	2.91%	+2.91
HRI Herc Holdings Inc.	New	2.49%	+2.49
FWRD Forward Air Corp.	Add +19.1%	4.45%	−0.45

Notes & Other Activity Q4 2024 → Q1 2025


LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27)	NOTE 1.750% 1/1 · principal	Add +118.5%	29,500,000	$24.4M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	22	$285.8M	NXT, DRVN, SOLS, WBD, CRNC
Q1 2026	18	$234.7M	NXT, NSC, WBD, AMRZ, RKT
Q4 2025	17	$263.0M	COF, NXT, RKT, DRVN, NSC
Q3 2025	17	$268.5M	COOP, NXT, COF, DRVN, PFGC
Q2 2025	17	$271.2M	GRAL, FDX, COF, DRVN, AMRZ
Q1 2025	13	$180.4M	DRVN, CPRI, GRAL, FDX, INTC
Q4 2024	17	$220.9M	NBIS, DRVN, QXO, DFS, OMC
Q3 2024	17	$254.3M	QXO, DRVN, BATRK, SW, J
Q2 2024	18	$241.3M	EQC, SBUX, BATRK, ENV, DRVN
Q1 2024	23	$265.7M	PXD, KNF, BATRK, LSXMA, HES