Prana Capital Management, LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Prana Capital Management, LP reported 108 stock positions worth $3.0 billion. Its top holding was BlackRock (BLK) at 8.7% of the portfolio, followed by Bank of America (BAC, 5.2%) and Chubb (CB, 4.8%). Compared with Q2 2025, it opened 30 new positions, sold out of 26, added to 46 and reduced 32. The biggest buy was a new position in Ameriprise Financial (AMP) and the biggest sale Mastercard Class A (MA, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- GREENWICH, CT
- CIK
- 0001710951
- Portfolio Value
- $3.0B (Q3 2025)
- SEC Filing
- 0001420506-25-003408 ↗ filed Nov 14, 2025
Holdings Value
Holdings 108 stocks · $3.0B
| BLK BlackRock Inc. | 8.72% | 224,104 | $261.3M | Add +12.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 5.17% | 3,000,765 | $154.8M | Add +6.0% |
| CB Chubb Ltd. | 4.81% | 510,010 | $144.0M | Add +171.9% |
| USB US Bancorp | 4.06% | 2,519,210 | $121.8M | Add +1.2% |
| AON Aon PLC Class A | 4.05% | 340,562 | $121.4M | Reduce -34.2% |
| TFC Truist Financial Corp. | 4.04% | 2,648,012 | $121.1M | Add +5.4% |
| NDAQ Nasdaq Inc. | 3.65% | 1,237,683 | $109.5M | Add +75.7% |
| ICE Intercontinental Exchange Inc. | 3.18% | 564,611 | $95.1M | Add +17.9% |
| C Citigroup Inc. | 3.16% | 932,846 | $94.7M | Reduce -14.5% |
| AMP Ameriprise Financial Inc. | 2.99% | 182,586 | $89.7M | New |
| BRO Brown & Brown Inc. | 2.95% | 940,841 | $88.2M | Add +34.3% |
| ALL Allstate Corp. | 2.65% | 369,517 | $79.3M | Reduce -28.0% |
| KEY Keycorp | 2.58% | 4,135,751 | $77.3M | Add +1.8% |
| KKR KKR & Co. Inc. | 2.54% | 584,911 | $76.0M | Add +291.4% |
| LOW Lowe's Cos Inc. | 2.40% | 286,379 | $72.0M | Add +58.0% |
| CFG Citizens Financial Group | 2.33% | 1,311,675 | $69.7M | Reduce -13.5% |
| GS Goldman Sachs Group Inc. | 2.18% | 81,871 | $65.2M | Add +152.4% |
| SEIC Sei Investments Company | 2.01% | 711,311 | $60.4M | Add +60.8% |
| RGA Reinsurance Group of America | 1.93% | 300,178 | $57.7M | Add +100.8% |
| INTU Intuit Inc. | 1.67% | 73,121 | $49.9M | Add +2015.8% |
| AIG American International Group | 1.66% | 633,022 | $49.7M | Reduce -6.9% |
| LEN Lennar Corp. Class A | 1.65% | 393,027 | $49.5M | Add +17.8% |
| MA Mastercard Inc. Class A | 1.50% | 78,935 | $44.9M | Reduce -71.6% |
| SCHW Schwab (charles) Corp. | 1.47% | 461,585 | $44.1M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 1.38% | 82,030 | $41.2M | New |
| FIS Fidelity National Info Serv | 1.33% | 606,232 | $40.0M | Add +110.3% |
| SSNC Ss&c Technologies Holdings | 1.33% | 449,914 | $39.9M | Reduce -21.2% |
| SF Stifel Financial Corp. | 1.27% | 335,262 | $38.0M | Add +74.6% |
| GPN Global Payments Inc. | 1.16% | 418,095 | $34.7M | Add +36.2% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.96% | 307,960 | $28.7M | Add +69.3% |
| SPG Simon Property Group Inc. | 0.81% | 130,033 | $24.4M | Reduce -42.3% |
| IVZ Invesco Ltd. | 0.76% | 998,874 | $22.9M | Add +425.8% |
| TOL Toll Brothers Inc. | 0.72% | 155,538 | $21.5M | Reduce -42.0% |
| IBKR Interactive Brokers Gro Class A | 0.71% | 308,545 | $21.2M | Reduce -19.9% |
| CPAY Corpay Inc. | 0.68% | 71,047 | $20.5M | New |
| PFG Principal Financial Group | 0.67% | 241,339 | $20.0M | Reduce -6.9% |
| BEN Franklin Templeton Inc. | 0.66% | 860,762 | $19.9M | Add +135.8% |
| OWL Blue Owl Capital Inc. | 0.65% | 1,151,566 | $19.5M | Add +20.8% |
| PAYX Paychex Inc. | 0.64% | 151,369 | $19.2M | Add +469.5% |
| PRI Primerica Inc. | 0.62% | 66,916 | $18.6M | Add +22.8% |
| INVH Invitation Homes Inc. | 0.62% | 630,430 | $18.5M | Add +122.6% |
| PRU Prudential Financial Inc. | 0.61% | 175,490 | $18.2M | New |
| ELV Elevance Health Inc. | 0.56% | 51,633 | $16.7M | Add +798.9% |
| CRBG Corebridge Financial Inc. | 0.56% | 520,077 | $16.7M | New |
| NTRS Northern Trust Corp. | 0.53% | 118,074 | $15.9M | Reduce -31.5% |
| JLL Jones Lang Lasalle Inc. | 0.50% | 50,449 | $15.0M | Reduce -65.2% |
| CTAS Cintas Corp. | 0.48% | 69,725 | $14.3M | New |
| CSGP Costar Group Inc. | 0.47% | 166,491 | $14.0M | Add +69.2% |
| FNF Fidelity National Financial | 0.45% | 221,818 | $13.4M | Add +3.2% |
| WCN Waste Connections Inc. | 0.43% | 73,512 | $12.9M | Add +746.1% |
| HLI Houlihan Lokey Inc. | 0.42% | 61,549 | $12.6M | Add +597.1% |
| MKTX Marketaxess Holdings Inc. | 0.36% | 61,323 | $10.7M | Add +99.0% |
| EQH Equitable Holdings Inc. | 0.36% | 209,769 | $10.7M | Add +80.7% |
| AIZ Assurant Inc. | 0.31% | 42,645 | $9.2M | Reduce -17.2% |
| CG The Carlyle Group Inc. | 0.29% | 140,153 | $8.8M | Reduce -58.5% |
| V Visa Inc. Class A | 0.28% | 24,775 | $8.5M | New |
| CTSH Cognizant Tech Solutions-A | 0.28% | 125,327 | $8.4M | Reduce -51.0% |
| AFL Aflac Inc. | 0.27% | 71,270 | $8.0M | Reduce -75.2% |
| RNR Renaissancere Holdings Ltd. | 0.25% | 29,971 | $7.6M | Add +608.9% |
| EVR Evercore Inc. Class A | 0.25% | 22,416 | $7.6M | Reduce -23.4% |
| STEP Stepstone Group Inc. Class A | 0.24% | 111,101 | $7.3M | Add +99.6% |
| ALLY Ally Financial Inc. | 0.23% | 178,762 | $7.0M | Add +177.3% |
| EG Everest Group Ltd. | 0.22% | 18,428 | $6.5M | Reduce -51.2% |
| HD Home Depot Inc. | 0.20% | 15,124 | $6.1M | New |
| MKL Markel Group Inc. | 0.20% | 3,166 | $6.1M | Reduce -11.5% |
| JEF Jefferies Financial Group Inc. | 0.20% | 92,194 | $6.0M | Add +26.7% |
| COF Capital One Financial Corp. | 0.20% | 27,565 | $5.9M | Add +965.5% |
| TPG TPG Inc. | 0.19% | 98,413 | $5.7M | New |
| RKT Rocket Cos Inc. Class A | 0.18% | 284,899 | $5.5M | Add +5.9% |
| MOH Molina Healthcare Inc. | 0.17% | 27,394 | $5.2M | New |
| JHG Janus Henderson Group PLC | 0.17% | 116,319 | $5.2M | Add +158.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.16% | 48,124 | $4.9M | New |
| NSP Insperity Inc. | 0.15% | 93,260 | $4.6M | Add +60.3% |
| ORCL Oracle Corp. | 0.10% | 10,383 | $2.9M | Reduce -36.9% |
| AFG American Financial Group Inc. | 0.10% | 19,956 | $2.9M | Reduce -57.0% |
| VIRT Virtu Financial Inc. Class A | 0.10% | 80,970 | $2.9M | Add +323.6% |
| LPLA LPL Financial Holdings Inc. | 0.10% | 8,607 | $2.9M | Add +105.1% |
| MCO Moody's Corp. | 0.09% | 5,774 | $2.8M | Reduce -92.9% |
| CPRT Copart Inc. | 0.09% | 58,103 | $2.6M | Add +8.9% |
| VOYA Voya Financial Inc. | 0.08% | 32,809 | $2.5M | New |
| GFL GFL Environmental Inc.-Sub VT | 0.08% | 51,483 | $2.4M | Reduce -31.5% |
| AVB Avalonbay Communities Inc. | 0.07% | 10,417 | $2.0M | New |
| RDN Radian Group Inc. | 0.07% | 54,632 | $2.0M | New |
| FTDR Frontdoor Inc. | 0.06% | 26,187 | $1.8M | New |
| ARMK Aramark | 0.06% | 45,279 | $1.7M | New |
| BGC BGC Group Inc. Class A | 0.04% | 131,924 | $1.2M | Reduce -47.2% |
| XYZ Block Inc. | 0.04% | 16,682 | $1.2M | Reduce -89.1% |
| CRM Salesforce Inc. | 0.04% | 4,494 | $1.1M | New |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.04% | 10,360 | $1.1M | Reduce -34.7% |
| HCA HCA Healthcare Inc. | 0.03% | 2,405 | $1.0M | New |
| ADBE Adobe Inc. | 0.03% | 2,508 | $885K | New |
| DG Dollar General Corp. | 0.03% | 8,126 | $840K | New |
| FDS Factset Research Systems Inc. | 0.03% | 2,870 | $822K | New |
| ZION Zions Bancorp NA | 0.03% | 14,330 | $811K | Add +199.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.02% | 4,639 | $671K | New |
| ETOR Etoro Group Ltd. Class A | 0.02% | 15,926 | $657K | Reduce -20.9% |
| CBOE Cboe Global Markets Inc. | 0.02% | 2,611 | $640K | New |
| BILL Bill Holdings Inc. | 0.02% | 11,034 | $584K | New |
| MQ Marqeta Inc. | 0.02% | 101,319 | $535K | Reduce -26.7% |
| ORLY O'reilly Automotive Inc. | 0.02% | 4,839 | $522K | New |
Options reported separately and not counted above: FHI calls ($2.6M), RJF calls ($2.6M).
Portfolio Sells Q2 2025 → Q3 2025
| MA Mastercard Inc. Class A | Reduce -71.6% | 1.50% | −4.16 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −3.63 |
| AON Aon PLC Class A | Reduce -34.2% | 4.05% | −2.63 |
| MS Morgan Stanley | Sold out | 0.00% | −1.67 |
| AXP American Express Co. | Sold out | 0.00% | −1.41 |
| MCO Moody's Corp. | Reduce -92.9% | 0.09% | −1.38 |
| ALL Allstate Corp. | Reduce -28.0% | 2.65% | −1.09 |
| STT State Street Corp. | Sold out | 0.00% | −1.08 |
| BX Blackstone Inc. | Sold out | 0.00% | −1.07 |
| JLL Jones Lang Lasalle Inc. | Reduce -65.2% | 0.50% | −0.84 |
| AFL Aflac Inc. | Reduce -75.2% | 0.27% | −0.83 |
| TRU Transunion | Sold out | 0.00% | −0.79 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.62 |
| IT Gartner Inc. | Sold out | 0.00% | −0.60 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.55 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.53 |
| SPG Simon Property Group Inc. | Reduce -42.3% | 0.81% | −0.50 |
| AIG American International Group | Reduce -6.9% | 1.66% | −0.45 |
| CTSH Cognizant Tech Solutions-A | Reduce -51.0% | 0.28% | −0.44 |
| PLD Prologis Inc. | Sold out | 0.00% | −0.44 |
| TOL Toll Brothers Inc. | Reduce -42.0% | 0.72% | −0.39 |
| ACN Accenture PLC Class A | Reduce -96.3% | 0.01% | −0.38 |
| SSNC Ss&c Technologies Holdings | Reduce -21.2% | 1.33% | −0.38 |
| XYZ Block Inc. | Reduce -89.1% | 0.04% | −0.34 |
| CG The Carlyle Group Inc. | Reduce -58.5% | 0.29% | −0.34 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.28 |
| NTRS Northern Trust Corp. | Reduce -31.5% | 0.53% | −0.26 |
| EG Everest Group Ltd. | Reduce -51.2% | 0.22% | −0.25 |
| C Citigroup Inc. | Reduce -14.5% | 3.16% | −0.20 |
| FCNCA First Citizens Bcshs Class A | Sold out | 0.00% | −0.20 |
| TGT Target Corp. | Reduce -92.1% | 0.01% | −0.16 |
| CFG Citizens Financial Group | Reduce -13.5% | 2.33% | −0.13 |
| AFG American Financial Group Inc. | Reduce -57.0% | 0.10% | −0.12 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.10 |
| CNC Centene Corp. | Sold out | 0.00% | −0.08 |
| PFG Principal Financial Group | Reduce -6.9% | 0.67% | −0.08 |
| IBKR Interactive Brokers Gro Class A | Reduce -19.9% | 0.71% | −0.06 |
| UHS Universal Health Services-B | Sold out | 0.00% | −0.06 |
| AIZ Assurant Inc. | Reduce -17.2% | 0.31% | −0.06 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.06 |
| MKL Markel Group Inc. | Reduce -11.5% | 0.20% | −0.06 |
| GFL GFL Environmental Inc.-Sub VT | Reduce -31.5% | 0.08% | −0.06 |
| BGC BGC Group Inc. Class A | Reduce -47.2% | 0.04% | −0.05 |
| BAM Brookfield Asset Mgmt-A | Sold out | 0.00% | −0.05 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.04 |
| BR Broadridge Financial Solutio | Sold out | 0.00% | −0.04 |
| EVR Evercore Inc. Class A | Reduce -23.4% | 0.25% | −0.03 |
| ORCL Oracle Corp. | Reduce -36.9% | 0.10% | −0.03 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.03 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| AMP Ameriprise Financial Inc. | New | 2.99% | +2.99 |
| CB Chubb Ltd. | Add +171.9% | 4.81% | +2.84 |
| KKR KKR & Co. Inc. | Add +291.4% | 2.54% | +1.82 |
| INTU Intuit Inc. | Add +2015.8% | 1.67% | +1.57 |
| SCHW Schwab (charles) Corp. | New | 1.47% | +1.47 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 1.38% | +1.38 |
| NDAQ Nasdaq Inc. | Add +75.7% | 3.65% | +1.37 |
| GS Goldman Sachs Group Inc. | Add +152.4% | 2.18% | +1.35 |
| BLK BlackRock Inc. | Add +12.1% | 8.72% | +1.13 |
| LOW Lowe's Cos Inc. | Add +58.0% | 2.40% | +0.95 |
| RGA Reinsurance Group of America | Add +100.8% | 1.93% | +0.85 |
| CPAY Corpay Inc. | New | 0.68% | +0.68 |
| IVZ Invesco Ltd. | Add +425.8% | 0.76% | +0.66 |
| PRU Prudential Financial Inc. | New | 0.61% | +0.61 |
| SEIC Sei Investments Company | Add +60.8% | 2.01% | +0.58 |
| CRBG Corebridge Financial Inc. | New | 0.56% | +0.56 |
| SF Stifel Financial Corp. | Add +74.6% | 1.27% | +0.55 |
| PAYX Paychex Inc. | Add +469.5% | 0.64% | +0.50 |
| FIS Fidelity National Info Serv | Add +110.3% | 1.33% | +0.48 |
| CTAS Cintas Corp. | New | 0.48% | +0.48 |
| ELV Elevance Health Inc. | Add +798.9% | 0.56% | +0.48 |
| WCN Waste Connections Inc. | Add +746.1% | 0.43% | +0.37 |
| HLI Houlihan Lokey Inc. | Add +597.1% | 0.42% | +0.36 |
| BEN Franklin Templeton Inc. | Add +135.8% | 0.66% | +0.35 |
| BAC Bank of America Corp. | Add +6.0% | 5.17% | +0.32 |
| LEN Lennar Corp. Class A | Add +17.8% | 1.65% | +0.32 |
| V Visa Inc. Class A | New | 0.28% | +0.28 |
| INVH Invitation Homes Inc. | Add +122.6% | 0.62% | +0.28 |
| GPN Global Payments Inc. | Add +36.2% | 1.16% | +0.27 |
| BJ Bj's Wholesale Club Holdings | Add +69.3% | 0.96% | +0.25 |
| RNR Renaissancere Holdings Ltd. | Add +608.9% | 0.25% | +0.22 |
| HD Home Depot Inc. | New | 0.20% | +0.20 |
| TPG TPG Inc. | New | 0.19% | +0.19 |
| CSGP Costar Group Inc. | Add +69.2% | 0.47% | +0.18 |
| COF Capital One Financial Corp. | Add +965.5% | 0.20% | +0.18 |
| MOH Molina Healthcare Inc. | New | 0.17% | +0.17 |
| TROW T Rowe Price Group Inc. | New | 0.16% | +0.16 |
| ALLY Ally Financial Inc. | Add +177.3% | 0.23% | +0.14 |
| BRO Brown & Brown Inc. | Add +34.3% | 2.95% | +0.13 |
| STEP Stepstone Group Inc. Class A | Add +99.6% | 0.24% | +0.13 |
| TFC Truist Financial Corp. | Add +5.4% | 4.04% | +0.13 |
| EQH Equitable Holdings Inc. | Add +80.7% | 0.36% | +0.12 |
| JHG Janus Henderson Group PLC | Add +158.2% | 0.17% | +0.11 |
| MKTX Marketaxess Holdings Inc. | Add +99.0% | 0.36% | +0.11 |
| VOYA Voya Financial Inc. | New | 0.08% | +0.08 |
| PRI Primerica Inc. | Add +22.8% | 0.62% | +0.08 |
| AVB Avalonbay Communities Inc. | New | 0.07% | +0.07 |
| RDN Radian Group Inc. | New | 0.07% | +0.07 |
| VIRT Virtu Financial Inc. Class A | Add +323.6% | 0.10% | +0.07 |
| FTDR Frontdoor Inc. | New | 0.06% | +0.06 |
Options Activity Q2 2025 → Q3 2025
| BAC Bank of America Corp. | put | Sold out | 700,000 | $33.1Mbefore exit |
| NDAQ Nasdaq Inc. | put | Sold out | 100,000 | $8.9Mbefore exit |
| FHI Federated Hermes Inc. | call | New | 50,000 | $2.6M |
| RJF Raymond James Financial Inc. | call | New | 15,000 | $2.6M |
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 | 118 | $3.3B | BLK, BAC, MA, CB, HD |
| Q1 2026 | 126 | $3.3B | BLK, MA, BAC, ICE, TFC |
| Q4 2025 | 113 | $2.8B | BLK, BAC, C, TFC, AMP |
| Q3 2025 | 108 | $3.0B | BLK, BAC, CB, USB, AON |
| Q2 2025 | 104 | $2.8B | BLK, AON, MA, BAC, USB |
| Q1 2025 | 93 | $2.5B | BLK, MA, BAC, ICE, KKR |
| Q4 2024 | 94 | $2.1B | AIG, BLK, TFC, C, USB |
| Q3 2024 | 85 | $2.2B | AIG, WTW, USB, TFC, C |
| Q2 2024 | 93 | $2.1B | C, WTW, TFC, MA, AON |
| Q1 2024 | 86 | $2.2B | C, EG, TFC, WTW, AON |