One Fin Capital Management LP

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), One Fin Capital Management LP reported 18 stock positions worth $234.7 million. Its top holding was Nextpower (NXT) at 15.4% of the portfolio, followed by Norfolk Southern (NSC, 9.8%) and Warner Bros Discovery (WBD, 8.9%). Compared with Q4 2025, it opened 6 new positions, sold out of 5, added to 3 and reduced 6. The biggest buy was a new position in Aptiv (APTV) and the biggest sale Capital One Financial (COF, shares −75%).

Most Recent 13F
Q2 2026
Location
San Francisco, CA
CIK
0001753875
Portfolio Value
$234.7M (Q1 2026)
SEC Filing
0000935836-26-000269 ↗ filed May 15, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $265.7M Q1 2024 Q2 2024: $241.3M Q2 2024 Q3 2024: $254.3M Q3 2024 Q4 2024: $220.9M Q4 2024 Q1 2025: $180.4M Q1 2025 Q2 2025: $271.2M Q2 2025 Q3 2025: $268.5M Q3 2025 Q4 2025: $263.0M Q4 2025 Q1 2026: $234.7M $234.7M Q1 2026 Q2 2026: $285.8M Q2 2026

Holdings 18 stocks · $234.7M
NXT Nextpower Inc. 15.41% 300,000 $36.2M No change
NSC Norfolk Southern Corp. 9.78% 80,000 $23.0M No change
WBD Warner Bros Discovery Inc. 8.89% 760,000 $20.9M Add +21.6%
AMRZ Amrize Ltd. 8.07% 338,000 $18.9M No change
RKT Rocket Cos Inc. Class A 7.29% 1,200,000 $17.1M Reduce -9.8%
APTV Aptiv PLC 6.66% 225,000 $15.6M New
SOLS Solstice Adv Materials Inc. 6.17% 190,000 $14.5M Reduce -41.5%
GNRC Generac Holdings Inc. 5.58% 67,000 $13.1M New
PCG P G & E Corp. 4.68% 625,000 $11.0M New
PINS Pinterest Inc. Class A 4.61% 590,000 $10.8M New
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 4.16% 267,100 $9.8M Reduce -11.0%
FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR 3.94% 843,482 $9.3M Add +93.1%
UNH Unitedhealth Group Inc. 3.80% 33,000 $8.9M New
CRNC Cerence Inc. 3.50% 1,300,016 $8.2M Add +80.6%
DRVN Driven Brands Holdings Inc. 2.69% 500,000 $6.3M Reduce -69.5%
COF Capital One Financial Corp. 2.57% 33,000 $6.0M Reduce -74.9%
PRMB Primo Brands Corp. 1.20% 150,000 $2.8M New
JELD Jeld-Wen Holding Inc. 1.01% 1,912,044 $2.4M Reduce -4.4%

Options reported separately and not counted above: NVDA puts ($20.9M).

Other holdings (1): bonds, preferreds, convertibles and warrants · $24.6M (not counted above)
SecurityClassShares / PrincipalValueChange
LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) NOTE 1.750% 1/1 · principal 25,525,000$24.6MNo change

Total filed on the 13F, all lines: $259.3M.

Portfolio Sells Q4 2025 → Q1 2026
COF Capital One Financial Corp. Reduce -74.9% 2.57% −9.55
CPRT Copart Inc. Sold out 0.00% −7.52
DRVN Driven Brands Holdings Inc. Reduce -69.5% 2.69% −6.55
CYBR Cyberark Software Ltd./Israel Sold out 0.00% −4.24
BILL Bill Holdings Inc. Sold out 0.00% −3.52
RKT Rocket Cos Inc. Class A Reduce -9.8% 7.29% −2.50
PFGC Performance Food Group Co. Sold out 0.00% −2.05
RXST Rxsight Inc. Sold out 0.00% −1.01
YETI Yeti Holdings Inc. Reduce -11.0% 4.16% −0.87
JELD Jeld-Wen Holding Inc. Reduce -4.4% 1.01% −0.86
SOLS Solstice Adv Materials Inc. Reduce -41.5% 6.17% +0.16

Portfolio Buys Q4 2025 → Q1 2026
APTV Aptiv PLC New 6.66% +6.66
GNRC Generac Holdings Inc. New 5.58% +5.58
PCG P G & E Corp. New 4.68% +4.68
PINS Pinterest Inc. Class A New 4.61% +4.61
UNH Unitedhealth Group Inc. New 3.80% +3.80
WBD Warner Bros Discovery Inc. Add +21.6% 8.89% +2.04
FRNM Freenome Inc. Add +93.1% 3.94% +1.78
PRMB Primo Brands Corp. New 1.20% +1.20
CRNC Cerence Inc. Add +80.6% 3.50% +0.57

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 22$285.8MNXT, DRVN, SOLS, WBD, CRNC
Q1 2026 18$234.7MNXT, NSC, WBD, AMRZ, RKT
Q4 2025 17$263.0MCOF, NXT, RKT, DRVN, NSC
Q3 2025 17$268.5MCOOP, NXT, COF, DRVN, PFGC
Q2 2025 17$271.2MGRAL, FDX, COF, DRVN, AMRZ
Q1 2025 13$180.4MDRVN, CPRI, GRAL, FDX, INTC
Q4 2024 17$220.9MNBIS, DRVN, QXO, DFS, OMC
Q3 2024 17$254.3MQXO, DRVN, BATRK, SW, J
Q2 2024 18$241.3MEQC, SBUX, BATRK, ENV, DRVN
Q1 2024 23$265.7MPXD, KNF, BATRK, LSXMA, HES