In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Slotnik Capital, LLC reported 20 stock positions worth $202.1 million . Its top holding was Frontier Communications Pare (FYBR) at 20.7% of the portfolio, followed by Kellanova (K, 19.2% ) and Playa Hotels & Resorts (PLYA, 10.8% ). Compared with Q4 2024, it opened 12 new positions, sold out of 8, added to 4 and reduced 4. The biggest buy was a new position in Playa Hotels & Resorts (PLYA) and the biggest sale an exit from Hashicorp Class A (HCP).
Location DALLAS, TX
CIK 0001963764
Portfolio Value $202.1M (Q1 2025) Holdings 20 stocks · $202.1M 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 Q4 2024 FYBR Frontier Communications Pare 1,166,000 $41.8M Add +14.8% K Kellanova 471,000 $38.9M Add +8.4% PLYA Playa Hotels & Resorts NV 1,633,509 $21.8M New HES Hess Corp. 131,700 $21.0M Reduce -21.5% HEES H&E Equipment Services Inc. 147,900 $14.0M New CHX Championx Corp. 421,615 $12.6M Reduce -30.5% LBRDK Liberty Broadband-C 123,700 $10.5M Add +32.0% CMRX Chimerix Inc. 999,846 $8.5M New AZEK The Azek Co. Inc. 108,000 $5.3M New COOP Mr Cooper Group Inc. 40,000 $4.8M New INBX Inhibrx Biosciences Inc. 286,962 $4.0M Reduce -26.0% GES Guess? Inc. 294,202 $3.3M New RDUS Radius Recycling Inc. Class A 95,000 $2.7M New OMC Omnicom Group 31,476 $2.6M New LWAY Lifeway Foods Inc. 96,746 $2.4M Add +82.5% SNPS Synopsys Inc. 4,485 $1.9M New BROOKLINE BANCORP INC 149,951 $1.6M New SWTX Springworks Therapeutics Inc. 35,000 $1.5M New RDFN Redfin Corp. 165,515 $1.5M New JNPR Juniper Networks Inc. 37,500 $1.4M Reduce -83.2%
Options reported separately and not counted above: BEACON ROOFING SUPPLY INC puts ($2.5M), UNITED STATES STL CORP NEW calls ($2.1M), AZEK CO INC puts ($489K).
Portfolio Sells Q4 2024 → Q1 2025 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 Q4 2024 % Of Portfolio Change To Portfolio ▲ HCP Hashicorp Inc. Class A Sold out 0.00% −13.27 ALTR Altair Engineering Inc. Class A Sold out 0.00% −8.84 SUM Summit Materials Inc. Class A Sold out 0.00% −7.61 AZPN Aspen Technology Inc. Sold out 0.00% −4.66 HTLF Heartland Financial USA Inc. Sold out 0.00% −3.79 JNPR Juniper Networks Inc. Reduce -83.2% 0.67% −3.14 CHX Championx Corp. Reduce -30.5% 6.22% −1.31 RVNC Revance Therapeutics Inc. Sold out 0.00% −0.93 INBX Inhibrx Biosciences Inc. Reduce -26.0% 1.99% −0.74 ALTM Arcadium Lithium PLC Sold out 0.00% −0.47 ZUO Zuora Inc. Class A Sold out 0.00% −0.31 HES Hess Corp. Reduce -21.5% 10.41% +0.24
Portfolio Buys Q4 2024 → Q1 2025 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 Q4 2024 % Of Portfolio Change To Portfolio ▼ PLYA Playa Hotels & Resorts NV New 10.77% +10.77 HEES H&E Equipment Services Inc. New 6.94% +6.94 FYBR Frontier Communications Pare Add +14.8% 20.69% +4.61 CMRX Chimerix Inc. New 4.21% +4.21 K Kellanova Add +8.4% 19.22% +3.18 AZEK The Azek Co. Inc. New 2.61% +2.61 COOP Mr Cooper Group Inc. New 2.37% +2.37 LBRDK Liberty Broadband-C Add +32.0% 5.21% +2.01 GES Guess? Inc. New 1.61% +1.61 RDUS Radius Recycling Inc. Class A New 1.36% +1.36 OMC Omnicom Group New 1.29% +1.29 SNPS Synopsys Inc. New 0.95% +0.95 BROOKLINE BANCORP INC New 0.81% +0.81 SWTX Springworks Therapeutics Inc. New 0.76% +0.76 RDFN Redfin Corp. New 0.75% +0.75 LWAY Lifeway Foods Inc. Add +82.5% 1.17% +0.57
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ BEACON ROOFING SUPPLY INC put New 20,000 $2.5M AZEK CO INC put New 10,000 $489K
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 26 $359.4M PEN, TMHC, APGE, KVUE, GSAT Q1 2026 24 $336.6M GTLS, MASI, PEN, TERN, LBRDA Q4 2025 28 $365.2M RNAM, EXAS, FYBR, WBD, CMA Q3 2025 23 $277.4M FYBR, EA, LBRDK, NSC, VRNA Q2 2025 20 $248.2M FYBR, LBRDK, BPMC, K, SKX Q1 2025 20 $202.1M FYBR, K, PLYA, HES, HEES Q4 2024 16 $219.3M FYBR, K, HCP, HES, ALTR Q3 2024 18 $284.3M HCP, FYBR, K, MRO, HES Q2 2024 17 $194.9M MRO, HCP, HES, CHX, HTLF Q1 2024 15 $154.8M DOOR, HES, AEL, INHIBRX INC, PXD