Rivulet Capital, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Rivulet Capital, LLC reported 14 stock positions worth $1.4 billion. Its top holding was Mastercard Class A (MA) at 11.3% of the portfolio, followed by Workday Class A (WDAY, 11.0%) and SBA Communications (SBAC, 10.6%). Compared with Q2 2024, it opened 1 new position, sold out of 1, added to 2 and reduced 11. The biggest buy was a new position in Canadian Pacific Kansas City (CP) and the biggest sale an exit from Sherwin-Williams (SHW).
- Most Recent 13F
- Q2 2026
- Location
- PASSAIC, NJ
- CIK
- 0001566691
- Portfolio Value
- $1.4B (Q3 2024)
- SEC Filing
- 0000919574-24-006528 ↗ filed Nov 14, 2024
Holdings Value
Holdings 14 stocks · $1.4B
| MA Mastercard Inc. Class A | 11.30% | 310,007 | $153.1M | Reduce -10.7% |
| WDAY Workday Inc. Class A | 11.04% | 611,800 | $149.5M | Reduce -0.6% |
| SBAC SBA Communications Corp. | 10.57% | 594,800 | $143.2M | Reduce -7.1% |
| PTC PTC Inc. | 9.64% | 722,650 | $130.6M | Reduce -0.2% |
| NICE Nice Ltd. - Spon ADR | 7.90% | 616,050 | $107.0M | Reduce -21.1% |
| ATR Aptargroup Inc. | 7.34% | 620,903 | $99.5M | Reduce -34.9% |
| CNI Canadian Natl Railway Co. | 7.23% | 836,450 | $98.0M | Reduce -7.1% |
| SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC | 6.80% | 1,688,150 | $92.2M | Add +29.9% |
| FIS Fidelity National Info Serv | 6.69% | 1,081,700 | $90.6M | Reduce -13.5% |
| BUD Anheuser-Busch Inbev-SPN ADR | 5.46% | 1,115,250 | $73.9M | Reduce -7.1% |
| FISV Fiserv Inc. | 5.33% | 401,600 | $72.1M | Reduce -41.4% |
| MIDD Middleby Corp. | 4.66% | 453,850 | $63.1M | Add +106.3% |
| CP Canadian Pacific Kansas City | 3.95% | 625,000 | $53.5M | New |
| NEOG Neogen Corp. | 2.09% | 1,688,000 | $28.4M | Reduce -62.5% |
Portfolio Sells Q2 2024 → Q3 2024
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −6.71 |
| NEOG Neogen Corp. | Reduce -62.5% | 2.09% | −2.77 |
| ATR Aptargroup Inc. | Reduce -34.9% | 7.34% | −1.95 |
| FISV Fiserv Inc. | Reduce -41.4% | 5.33% | −1.74 |
| NICE Nice Ltd. - Spon ADR | Reduce -21.1% | 7.90% | −1.40 |
| CNI Canadian Natl Railway Co. | Reduce -7.1% | 7.23% | −0.13 |
| FIS Fidelity National Info Serv | Reduce -13.5% | 6.69% | +0.17 |
| PTC PTC Inc. | Reduce -0.2% | 9.64% | +0.54 |
| BUD Anheuser-Busch Inbev-SPN ADR | Reduce -7.1% | 5.46% | +0.63 |
| MA Mastercard Inc. Class A | Reduce -10.7% | 11.30% | +0.70 |
| WDAY Workday Inc. Class A | Reduce -0.6% | 11.04% | +1.52 |
| SBAC SBA Communications Corp. | Reduce -7.1% | 10.57% | +1.87 |
Portfolio Buys Q2 2024 → Q3 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 |