One Fin Capital Management LP

Name: One Fin Capital Management LP 13F holdings, Q2 2025
Creator: One Fin Capital Management LP
Published: 2025-08-14

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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), One Fin Capital Management LP reported 17 stock positions worth $271.2 million. Its top holding was Grail (GRAL) at 13.3% of the portfolio, followed by FedEx (FDX, 10.8%) and Capital One Financial (COF, 10.3%). Compared with Q1 2025, it opened 10 new positions, sold out of 6, added to 1 and reduced 4. The biggest buy was a new position in Capital One Financial (COF) and the biggest sale Capri (CPRI, shares −49%).

Most Recent 13F: Q2 2026
Location: San Francisco, CA
CIK: 0001753875
Portfolio Value: $271.2M (Q2 2025)
SEC Filing: 0000935836-25-000534 ↗ filed Aug 14, 2025

Holdings Value

Holdings 17 stocks · $271.2M


GRAL Grail Inc.	13.27%	700,000	$36.0M	Reduce -6.7%
FDX FedEx Corp.	10.77%	128,500	$29.2M	Add +73.7%
COF Capital One Financial Corp.	10.32%	131,536	$28.0M	New
DRVN Driven Brands Holdings Inc.	10.30%	1,590,000	$27.9M	No change
AMRZ Amrize Ltd.	7.58%	415,000	$20.6M	New
COOP Mr Cooper Group Inc.	7.43%	135,000	$20.1M	New
AMD Advanced Micro Devices	5.65%	108,000	$15.3M	New
SKX Skechers USA Inc. Class A	4.65%	200,000	$12.6M	New
HSIC Henry Schein Inc.	4.58%	170,000	$12.4M	No change
INTC Intel Corp.	4.54%	550,000	$12.3M	Reduce -23.6%
RITM Rithm Capital Corp.	4.37%	1,050,000	$11.9M	New
CPRI Capri Holdings Ltd.	3.92%	600,000	$10.6M	Reduce -48.5%
FWRD Forward Air Corp.	3.03%	335,000	$8.2M	Reduce -16.3%
UNH Unitedhealth Group Inc.	2.76%	24,000	$7.5M	New
WBD Warner Bros Discovery Inc.	2.64%	625,000	$7.2M	New
APTV Aptiv PLC	2.52%	100,000	$6.8M	New
AFRM Affirm Holdings Inc.	1.66%	65,000	$4.5M	New

Other holdings (1): bonds, preferreds, convertibles and warrants · $24.7M (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	$24.7M	No change

Total filed on the 13F, all lines: $295.8M.

Portfolio Sells Q1 2025 → Q2 2025


CPRI Capri Holdings Ltd.	Reduce -48.5%	3.92%	−8.82
OMC Omnicom Group	Sold out	0.00%	−7.87
DFS Discover Financial Services	Sold out	0.00%	−7.57
ACN Accenture PLC Class A	Sold out	0.00%	−6.05
J Jacobs Solutions Inc.	Sold out	0.00%	−4.69
INTC Intel Corp.	Reduce -23.6%	4.54%	−4.52
ORCL Oracle Corp.	Sold out	0.00%	−2.91
HRI Herc Holdings Inc.	Sold out	0.00%	−2.49
FWRD Forward Air Corp.	Reduce -16.3%	3.03%	−1.42
GRAL Grail Inc.	Reduce -6.7%	13.27%	+2.66

Portfolio Buys Q1 2025 → Q2 2025


COF Capital One Financial Corp.	New	10.32%	+10.32
AMRZ Amrize Ltd.	New	7.58%	+7.58
COOP Mr Cooper Group Inc.	New	7.43%	+7.43
AMD Advanced Micro Devices	New	5.65%	+5.65
SKX Skechers USA Inc. Class A	New	4.65%	+4.65
RITM Rithm Capital Corp.	New	4.37%	+4.37
UNH Unitedhealth Group Inc.	New	2.76%	+2.76
WBD Warner Bros Discovery Inc.	New	2.64%	+2.64
APTV Aptiv PLC	New	2.52%	+2.52
AFRM Affirm Holdings Inc.	New	1.66%	+1.66
FDX FedEx Corp.	Add +73.7%	10.77%	+0.77

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