SaddleRock Capital Management LLC In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), SaddleRock Capital Management LLC reported 17 stock positions worth $93.8 million . Its top holding was Johnson Controls Internation (JCI) at 9.9% of the portfolio, followed by 3M (MMM, 9.2% ) and Coherent (COHR, 9.1% ). Compared with Q4 2025, it opened 3 new positions, sold out of 3, added to 6 and reduced 8. The biggest buy was a new position in Rayonier Advanced Materials (RYAM) and the biggest sale an exit from GoDaddy Class A (GDDY).
Location NEW YORK, NY
CIK 0002018754
Portfolio Value $93.8M (Q1 2026) Holdings 17 stocks · $93.8M Holdings quarter Q2 2026 Q1 2026 Q4 2025
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 JCI Johnson Controls Internation 70,600 $9.2M Reduce -16.2% MMM 3M Co. 59,691 $8.7M Add +4.9% COHR Coherent Corp. 35,755 $8.5M Reduce -26.5% IQV Iqvia Holdings Inc. 49,536 $8.4M Add +45.7% USFD US Foods Holding Corp. 82,792 $7.6M Add +16.6% MTCH Match Group Inc. 239,912 $7.4M Reduce -8.8% ARMK Aramark 178,135 $7.2M Reduce -11.6% RYAM Rayonier Advanced Materials 512,482 $5.7M New GIL Gildan Activewear Inc. 99,540 $5.5M Add +4.8% VSXY Victoria's Secret & Co. 115,023 $5.3M Add +5.5% TLN Talen Energy Corp. 11,764 $3.8M New APG Api Group Corp. 86,389 $3.5M Reduce -10.9% QDEL Quidelortho Corp. 196,141 $3.2M Reduce -8.4% GOOG Alphabet Inc. Class C 9,884 $2.8M Reduce -4.3% GRFS Grifols SA-ADR 348,013 $2.8M Reduce -9.6% CAE Cae Inc. 79,649 $2.1M New AMRZ Amrize Ltd. 34,743 $1.9M Add +24.5%
Options reported separately and not counted above: RYAM calls ($1.0M).
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ GDDY GoDaddy Inc. Class A Sold out 0.00% −7.90 WDAY Workday Inc. Class A Sold out 0.00% −3.75 QDEL Quidelortho Corp. Reduce -8.4% 3.44% −2.69 TIC Tic Solutions Inc. Sold out 0.00% −1.05 MTCH Match Group Inc. Reduce -8.8% 7.86% −0.65 GRFS Grifols SA-ADR Reduce -9.6% 2.98% −0.63 JCI Johnson Controls Internation Reduce -16.2% 9.86% −0.25 GOOG Alphabet Inc. Class C Reduce -4.3% 3.02% −0.23 APG Api Group Corp. Reduce -10.9% 3.73% +0.01 COHR Coherent Corp. Reduce -26.5% 9.08% +0.08 ARMK Aramark Reduce -11.6% 7.70% +0.26
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ RYAM Rayonier Advanced Materials New 6.05% +6.05 TLN Talen Energy Corp. New 4.00% +4.00 USFD US Foods Holding Corp. Add +16.6% 8.14% +2.78 CAE Cae Inc. New 2.21% +2.21 IQV Iqvia Holdings Inc. Add +45.7% 9.01% +1.33 AMRZ Amrize Ltd. Add +24.5% 2.08% +0.56 MMM 3M Co. Add +4.9% 9.24% +0.12 GIL Gildan Activewear Inc. Add +4.8% 5.91% −0.04 VSXY Victoria's Secret & Co. Add +5.5% 5.69% −0.23
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ COHR Coherent Corp. put Sold out 21,600 $4.0Mbefore exit COHR Coherent Corp. call Sold out 12,000 $2.2Mbefore exit RYAM Rayonier Advanced Materials call New 91,700 $1.0M QDEL Quidelortho Corp. call Sold out 3,100 $89Kbefore 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 16 $103.6M JCI, MMM, MTCH, IQV, ARMK Q1 2026 17 $93.8M JCI, MMM, COHR, IQV, USFD Q4 2025 17 $99.8M JCI, MMM, COHR, MTCH, GDDY