Pinnbrook Capital Management LP In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 31, 2025), Pinnbrook Capital Management LP reported 65 stock positions worth $285.0 million . Its top holding was AT&T (T) at 3.6% of the portfolio, followed by Technipfmc (FTI, 3.5% ) and TC Energy (TRP, 3.1% ). Compared with Q3 2024, it opened 44 new positions, sold out of 43, added to 7 and reduced 14. The biggest buy was a new position in Technipfmc (FTI) and the biggest sale 3M (MMM, shares −74% ).
Location NEW YORK, NY
CIK 0001856103
Portfolio Value $285.0M (Q4 2024) Holdings 65 stocks · $285.0M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2024 T AT&T Inc. 444,490 $10.1M Add +115.9% FTI Technipfmc PLC 345,397 $10.0M New TRP TC Energy Corp. 191,428 $8.9M New PRMB Primo Brands Corp. 289,284 $8.9M New LYV Live Nation Entertainment Inc. 63,493 $8.2M New WMB Williams Cos Inc. 148,974 $8.1M New EXE Expand Energy Corp. 79,825 $7.9M New EMBJ Embraer SA-Spon ADR 190,970 $7.0M Add +137.9% APO Apollo Global Management Inc. 40,058 $6.6M New DLR Digital Realty Trust Inc. 34,890 $6.2M New WMT Walmart Inc. 67,432 $6.1M Reduce -39.2% ANET Arista Networks Inc. 54,513 $6.0M New BURL Burlington Stores Inc. 20,994 $6.0M Reduce -44.6% WAB Wabtec Corp. 31,561 $6.0M Reduce -48.5% ROST Ross Stores Inc. 38,784 $5.9M Add +18.8% GEV GE Vernova Inc. 17,507 $5.8M New CRM Salesforce Inc. 16,628 $5.6M Reduce -30.3% TSLA Tesla Inc. 13,361 $5.4M New BWXT BWX Technologies Inc. 47,200 $5.3M New LPLA LPL Financial Holdings Inc. 15,285 $5.0M New TEVA Teva Pharmaceutical-SP ADR 225,320 $5.0M New KBE SS SPDR S&P Bank ETF 89,366 $5.0M New EXPE Expedia Group Inc. 26,578 $5.0M New CNK Cinemark Holdings Inc. 159,369 $4.9M New BA The Boeing Co. 27,720 $4.9M New RDDT Reddit Inc. Class A 29,986 $4.9M New FWONK Liberty Media Corp. Class C 52,589 $4.9M New GEO The Geo Group Inc. 172,865 $4.8M New DAL Delta Air Lines Inc. 75,797 $4.6M New META Meta Platforms Inc. Class A 7,673 $4.5M Add +29.1% KKR KKR & Co. Inc. 29,620 $4.4M Reduce -40.5% VIK Viking Holdings Ltd. 98,311 $4.3M New TAC Transalta Corp. 295,782 $4.2M New FDX FedEx Corp. 14,246 $4.0M New CLS Celestica Inc. 43,341 $4.0M New MMM 3M Co. 30,872 $4.0M Reduce -73.6% FLUT Flutter Entertainment PLC-Di 15,379 $4.0M Reduce -63.7% UNP Union Pacific Corp. 17,340 $4.0M New CYBR Cyberark Software Ltd./Israel 11,864 $4.0M Add +21.5% APP AppLovin Corp. Class A 12,106 $3.9M New WTW Willis Towers Watson PLC 12,498 $3.9M New ASHR Xtrackers Harvest Csi 300 CH 145,874 $3.9M New SAP Sap SE-Sponsored ADR 14,583 $3.6M Reduce -39.8% KBR KBR Inc. 60,890 $3.5M New PNR Pentair PLC 33,296 $3.4M New CW Curtiss-Wright Corp. 9,293 $3.3M Reduce -39.6% CORZ Core Scientific Inc. 231,160 $3.2M New UAL United Airlines Holdings Inc. 32,654 $3.2M New RCL Royal Caribbean Cruises Ltd. 13,731 $3.2M Add +7.4% PLTR Palantir Technologies Inc. Class A 40,848 $3.1M New NOW ServiceNow Inc. 2,809 $3.0M New SPOT Spotify Technology SA 6,612 $3.0M Reduce -52.0% MSGE Madison Square Garden Entert 79,660 $2.8M Reduce -43.4% COHR Coherent Corp. 21,437 $2.0M Reduce -56.4% FTAI Ftai Aviation Ltd. 13,567 $2.0M Reduce -77.2% ALK Alaska Air Group Inc. 26,711 $1.7M New NVDA Nvidia Corp. 11,160 $1.5M New MRVL Marvell Technology Inc. 13,514 $1.5M New CCL Carnival Corp. 47,914 $1.2M Add +73.2% AR Antero Resources Corp. 28,773 $1.0M New TSM Taiwan Semiconductor-SP ADR 4,871 $962K Reduce -63.1% TMQ Trilogy Metals Inc. 529,958 $615K New AVGO Broadcom Inc. 2,616 $606K New COF Capital One Financial Corp. 2,954 $527K New EQT Eqt Corp. 8,572 $395K New
Options reported separately and not counted above: HYG puts ($161.2M), AMZN calls ($63.9M), NVDA calls ($63.1M), META calls ($52.7M), TSM puts ($39.5M), AVGO calls ($33.6M), TSM calls ($31.1M), CRM calls ($29.3M), HOOD calls ($25.0M), DAL calls ($24.8M), CCL calls ($23.7M), ALK calls ($22.7M), and 11 more.
Portfolio Sells Q3 2024 → Q4 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▲ MMM 3M Co. Reduce -73.6% 1.40% −3.43 CRS Carpenter Technology Sold out 0.00% −3.06 MAR Marriott International Class A Sold out 0.00% −3.02 NDAQ Nasdaq Inc. Sold out 0.00% −2.92 ORCL Oracle Corp. Sold out 0.00% −2.69 DHI D.R. Horton Inc. Sold out 0.00% −2.48 HWM Howmet Aerospace Inc. Sold out 0.00% −2.47 PH Parker Hannifin Corp. Sold out 0.00% −2.41 TYL Tyler Technologies Inc. Sold out 0.00% −2.26 IJH iShares Core S&P Midcap ETF Sold out 0.00% −2.18 SBUX Starbucks Corp. Sold out 0.00% −2.14 HEI Heico Corp. Sold out 0.00% −2.14 HLT Hilton Worldwide Holdings Inc. Sold out 0.00% −2.11 SSNC Ss&c Technologies Holdings Sold out 0.00% −2.05 ETN Eaton Corp. PLC Sold out 0.00% −2.05 VRNS Varonis Systems Inc. Sold out 0.00% −2.00 MSI Motorola Solutions Inc. Sold out 0.00% −1.83 MPWR Monolithic Power Systems Inc. Sold out 0.00% −1.77 FTAI Ftai Aviation Ltd. Reduce -77.2% 0.69% −1.70 FLUT Flutter Entertainment PLC-Di Reduce -63.7% 1.39% −1.65 IBKR Interactive Brokers Gro Class A Sold out 0.00% −1.57 NFLX Netflix Inc. Sold out 0.00% −1.55 GE General Electric Sold out 0.00% −1.54 PGR Progressive Corp. Sold out 0.00% −1.46 APH Amphenol Corp. Class A Sold out 0.00% −1.38 WAB Wabtec Corp. Reduce -48.5% 2.10% −1.27 AAPL Apple Inc. Sold out 0.00% −1.26 LII Lennox International Inc. Sold out 0.00% −1.24 KO The Coca-Cola Co. Sold out 0.00% −1.22 MSFT Microsoft Corp. Sold out 0.00% −1.19 AER Aercap Holdings NV Sold out 0.00% −1.03 CRH CRH PLC Sold out 0.00% −0.94 TT Trane Technologies PLC Sold out 0.00% −0.92 BURL Burlington Stores Inc. Reduce -44.6% 2.10% −0.92 MSGE Madison Square Garden Entert Reduce -43.4% 1.00% −0.81 OLED Universal Display Corp. Sold out 0.00% −0.80 TMUS T-Mobile US Inc. Sold out 0.00% −0.77 NTRA Natera Inc. Sold out 0.00% −0.67 TECK Teck Resources Ltd.-CLS B Sold out 0.00% −0.62 PNC PNC Financial Services Group Sold out 0.00% −0.61 COHR Coherent Corp. Reduce -56.4% 0.71% −0.61 GS Goldman Sachs Group Inc. Sold out 0.00% −0.61 RBC RBC Bearings Inc. Sold out 0.00% −0.60 RCI Rogers Communications Inc. Class B Sold out 0.00% −0.59 WMT Walmart Inc. Reduce -39.2% 2.14% −0.57 SPOT Spotify Technology SA Reduce -52.0% 1.04% −0.49 WYNN WYNN Resorts Ltd. Sold out 0.00% −0.45 KEX Kirby Corp. Sold out 0.00% −0.43 KKR KKR & Co. Inc. Reduce -40.5% 1.54% −0.43 SAP Sap SE-Sponsored ADR Reduce -39.8% 1.26% −0.42
Portfolio Buys Q3 2024 → Q4 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▼ FTI Technipfmc PLC New 3.51% +3.51 TRP TC Energy Corp. New 3.13% +3.13 PRMB Primo Brands Corp. New 3.12% +3.12 LYV Live Nation Entertainment Inc. New 2.89% +2.89 WMB Williams Cos Inc. New 2.83% +2.83 EXE Expand Energy Corp. New 2.79% +2.79 APO Apollo Global Management Inc. New 2.32% +2.32 T AT&T Inc. Add +115.9% 3.55% +2.18 DLR Digital Realty Trust Inc. New 2.17% +2.17 ANET Arista Networks Inc. New 2.11% +2.11 GEV GE Vernova Inc. New 2.02% +2.02 TSLA Tesla Inc. New 1.89% +1.89 BWXT BWX Technologies Inc. New 1.84% +1.84 LPLA LPL Financial Holdings Inc. New 1.75% +1.75 TEVA Teva Pharmaceutical-SP ADR New 1.74% +1.74 KBE SS SPDR S&P Bank ETF New 1.74% +1.74 EXPE Expedia Group Inc. New 1.74% +1.74 CNK Cinemark Holdings Inc. New 1.73% +1.73 BA The Boeing Co. New 1.72% +1.72 RDDT Reddit Inc. Class A New 1.72% +1.72 FWONK Liberty Media Corp. Class C New 1.71% +1.71 GEO The Geo Group Inc. New 1.70% +1.70 DAL Delta Air Lines Inc. New 1.61% +1.61 EMBJ Embraer SA-Spon ADR Add +137.9% 2.46% +1.60 VIK Viking Holdings Ltd. New 1.52% +1.52 TAC Transalta Corp. New 1.47% +1.47 FDX FedEx Corp. New 1.41% +1.41 CLS Celestica Inc. New 1.40% +1.40 UNP Union Pacific Corp. New 1.39% +1.39 APP AppLovin Corp. Class A New 1.38% +1.38 WTW Willis Towers Watson PLC New 1.37% +1.37 ASHR Xtrackers Harvest Csi 300 CH New 1.35% +1.35 KBR KBR Inc. New 1.24% +1.24 PNR Pentair PLC New 1.18% +1.18 CORZ Core Scientific Inc. New 1.14% +1.14 UAL United Airlines Holdings Inc. New 1.11% +1.11 PLTR Palantir Technologies Inc. Class A New 1.08% +1.08 NOW ServiceNow Inc. New 1.04% +1.04 ALK Alaska Air Group Inc. New 0.61% +0.61 ROST Ross Stores Inc. Add +18.8% 2.06% +0.57 META Meta Platforms Inc. Class A Add +29.1% 1.58% +0.55 CYBR Cyberark Software Ltd./Israel Add +21.5% 1.39% +0.53 NVDA Nvidia Corp. New 0.53% +0.53 MRVL Marvell Technology Inc. New 0.52% +0.52 RCL Royal Caribbean Cruises Ltd. Add +7.4% 1.11% +0.43 AR Antero Resources Corp. New 0.35% +0.35 CCL Carnival Corp. Add +73.2% 0.42% +0.26 TMQ Trilogy Metals Inc. New 0.22% +0.22 AVGO Broadcom Inc. New 0.21% +0.21 COF Capital One Financial Corp. New 0.18% +0.18
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ HYG Ishr Ibx Usd Hiyld CB ETF-Ui put New 2,050,000 $161.2M AMZN Amazon.com Inc. call Add +547.3% 291,300 $63.9M NVDA Nvidia Corp. call Add +261.5% 470,000 $63.1M META Meta Platforms Inc. Class A call New 90,000 $52.7M FTI Technipfmc PLC call Sold out 1,900,000 $49.8Mbefore exit FXI iShares China Large-Cap ETF call Sold out 1,486,000 $47.2Mbefore exit FCX Freeport-McMoran Inc. call Sold out 850,000 $42.4Mbefore exit AVGO Broadcom Inc. call Add +147.9% 145,000 $33.6M TSM Taiwan Semiconductor-SP ADR call Add +57.5% 157,500 $31.1M CRM Salesforce Inc. call New 87,500 $29.3M XOP SS SPDR S&P Og Exp & Prod put Sold out 190,000 $25.0Mbefore exit HOOD Robinhood Markets Inc. Class A call New 670,000 $25.0M DAL Delta Air Lines Inc. call New 410,000 $24.8M MMM 3M Co. call Sold out 175,000 $23.9Mbefore exit CCL Carnival Corp. call Add +265.4% 950,000 $23.7M ALK Alaska Air Group Inc. call New 350,000 $22.7M UBER Uber Technologies Inc. call Sold out 300,000 $22.5Mbefore exit APO Apollo Global Management Inc. call New 120,000 $19.8M COF Capital One Financial Corp. call New 102,400 $18.3M XYZ Block Inc. put New 207,500 $17.6M ASHR Xtrackers Harvest Csi 300 CH call New 653,500 $17.3M UAL United Airlines Holdings Inc. call New 170,000 $16.5M SPOT Spotify Technology SA call Sold out 42,000 $15.5Mbefore exit WYNN WYNN Resorts Ltd. call Sold out 160,000 $15.3Mbefore exit KKR KKR & Co. Inc. call New 100,000 $14.8M EQT Eqt Corp. call New 304,600 $14.0M EMBJ Embraer SA-Spon ADR call Sold out 330,000 $11.7Mbefore exit PNR Pentair PLC call New 100,000 $10.1M WAB Wabtec Corp. call New 50,000 $9.5M CORZ Core Scientific Inc. call New 670,000 $9.4M RCL Royal Caribbean Cruises Ltd. call Sold out 45,000 $8.0Mbefore exit AMD Advanced Micro Devices call Sold out 47,500 $7.8Mbefore exit WMT Walmart Inc. call New 60,000 $5.4M ORCL Oracle Corp. call Sold out 27,500 $4.7Mbefore exit GEV GE Vernova Inc. call Sold out 17,500 $4.5Mbefore exit VST Vistra Corp. call Sold out 24,000 $2.8Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 88 $601.0M CSX, KGS, JBL, NTRA, WAB Q1 2026 33 $122.4M MTZ, KGS, CW, SLB, LRCX Q4 2025 84 $386.8M IEF, CHRW, RBC, XLV, AME Q3 2025 115 $540.5M CHRW, MSFT, META, MLM, SPOT Q2 2025 69 $382.0M ORCL, PRMB, PGR, CW, HAS Q1 2025 37 $154.9M PRMB, WWD, HEI, TDG, WTW Q4 2024 65 $285.0M T, FTI, TRP, PRMB, LYV Q3 2024 64 $331.0M MMM, WAB, CRS, FLUT, MAR Q2 2024 48 $331.3M AMZN, AAPL, TDG, OLED, COHR Q1 2024 78 $578.3M MSFT, NVDA, AMZN, NVT, BLDR