Rivulet Capital, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Rivulet Capital, LLC reported 14 stock positions worth $1.4 billion. Its top holding was Mastercard Class A (MA) at 10.6% of the portfolio, followed by Workday Class A (WDAY, 9.5%) and Nice Ltd. - Spon ADR (NICE, 9.3%). Compared with Q1 2024, it opened 1 new position, sold out of 3, added to 4 and reduced 7. The biggest buy was Workday Class A (WDAY, shares +45%) and the biggest sale an exit from Intuit (INTU).
- Most Recent 13F
- Q2 2026
- Location
- PASSAIC, NJ
- CIK
- 0001566691
- Portfolio Value
- $1.4B (Q2 2024)
- SEC Filing
- 0000919574-24-004538 ↗ filed Aug 14, 2024
Holdings Value
Holdings 14 stocks · $1.4B
| MA Mastercard Inc. Class A | 10.60% | 347,157 | $153.2M | Reduce -16.8% |
| WDAY Workday Inc. Class A | 9.52% | 615,350 | $137.6M | Add +44.7% |
| NICE Nice Ltd. - Spon ADR | 9.30% | 781,250 | $134.4M | Reduce -11.3% |
| ATR Aptargroup Inc. | 9.29% | 953,253 | $134.2M | Reduce -37.1% |
| PTC PTC Inc. | 9.10% | 723,800 | $131.5M | Reduce -13.2% |
| SBAC SBA Communications Corp. | 8.70% | 640,000 | $125.6M | Add +15.3% |
| CNI Canadian Natl Railway Co. | 7.36% | 900,000 | $106.3M | Add +9.1% |
| FISV Fiserv Inc. | 7.07% | 685,000 | $102.1M | Reduce -29.0% |
| SHW The Sherwin-Williams Co. | 6.71% | 325,000 | $97.0M | No change |
| FIS Fidelity National Info Serv | 6.52% | 1,250,000 | $94.2M | Reduce -31.3% |
| NEOG Neogen Corp. | 4.87% | 4,497,942 | $70.3M | Reduce -23.8% |
| BUD Anheuser-Busch Inbev-SPN ADR | 4.83% | 1,200,000 | $69.8M | No change |
| SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC | 4.26% | 1,300,000 | $61.5M | Add +85.7% |
| MIDD Middleby Corp. | 1.87% | 220,000 | $27.0M | New |
Portfolio Sells Q1 2024 → Q2 2024
| INTU Intuit Inc. | Sold out | 0.00% | −5.15 |
| FIVE Five Below | Sold out | 0.00% | −4.47 |
| BL Blackline Inc. | Sold out | 0.00% | −2.23 |
| NICE Nice Ltd. - Spon ADR | Reduce -11.3% | 9.30% | −2.21 |
| ATR Aptargroup Inc. | Reduce -37.1% | 9.29% | −1.64 |
| FISV Fiserv Inc. | Reduce -29.0% | 7.07% | −0.66 |
| FIS Fidelity National Info Serv | Reduce -31.3% | 6.52% | −0.24 |
| NEOG Neogen Corp. | Reduce -23.8% | 4.87% | +0.20 |
| MA Mastercard Inc. Class A | Reduce -16.8% | 10.60% | +0.53 |
| PTC PTC Inc. | Reduce -13.2% | 9.10% | +1.21 |
Portfolio Buys Q1 2024 → Q2 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 0 | $0 | |
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 3 | $91.2M | MA, PTC, WDAY |
| Q3 2025 | 15 | $852.3M | DHR, CP, WDAY, SBAC, MIDD |
| Q2 2025 | 14 | $1.0B | PTC, DHR, CP, WDAY, SGI |
| Q1 2025 | 13 | $1.0B | WDAY, PTC, SBAC, DHR, SGI |
| Q4 2024 | 12 | $966.5M | WDAY, SBAC, PTC, MA, MIDD |
| Q3 2024 | 14 | $1.4B | MA, WDAY, SBAC, PTC, NICE |
| Q2 2024 | 14 | $1.4B | MA, WDAY, NICE, ATR, PTC |
| Q1 2024 | 16 | $2.0B | NICE, ATR, MA, PTC, FISV |