Soapstone Management L.P.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Soapstone Management L.P. reported 13 stock positions worth $137.5 million. Its top holding was Alamos Gold Class A (AGI) at 22.1% of the portfolio, followed by Public Storage (PSA, 13.3%) and Cooper Cos (COO, 11.7%). Compared with Q1 2026, it opened 4 new positions, sold out of 3, added to 3 and reduced 5. The biggest buy was a new position in Cooper Cos (COO) and the biggest sale an exit from Citizens Financial (CFG).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0001726948
- Portfolio Value
- $137.5M (Q2 2026)
- SEC Filing
- 0001398344-26-014653 ↗ filed Aug 14, 2026
Holdings Value
Holdings 13 stocks · $137.5M
| AGI Alamos Gold Inc. Class A | 22.07% | 1,000,000 | $30.3M | Add +33.3% |
| PSA Public Storage | 13.31% | 57,500 | $18.3M | Reduce -23.3% |
| COO The Cooper Cos Inc. | 11.73% | 225,000 | $16.1M | New |
| HDB HDFC Bank Ltd.-ADR | 9.86% | 525,000 | $13.6M | Add +110.0% |
| SCHW Schwab (charles) Corp. | 9.65% | 143,750 | $13.3M | New |
| BDX Becton Dickinson and Co. | 9.35% | 85,000 | $12.9M | Add +74.4% |
| POST Post Holdings Inc. filed as POST HLDGS INC | 6.98% | 108,750 | $9.6M | New |
| CSTM Constellium SE | 4.64% | 200,000 | $6.4M | Reduce -75.0% |
| TFX Teleflex Inc. | 4.61% | 50,000 | $6.3M | Reduce -57.9% |
| AMZN Amazon.com Inc. | 3.47% | 20,000 | $4.8M | Reduce -14.9% |
| LDOS Leidos Holdings Inc. | 1.87% | 25,000 | $2.6M | New |
| MTN Vail Resorts Inc. | 1.49% | 15,000 | $2.0M | Reduce -81.3% |
| BLDR Builders Firstsource Inc. | 0.98% | 15,000 | $1.3M | No change |
Portfolio Sells Q1 2026 → Q2 2026
| CFG Citizens Financial Group | Sold out | 0.00% | −9.61 |
| CSTM Constellium SE | Reduce -75.0% | 4.64% | −9.37 |
| MTN Vail Resorts Inc. | Reduce -81.3% | 1.49% | −5.83 |
| TFX Teleflex Inc. | Reduce -57.9% | 4.61% | −5.51 |
| ANGI Angi Inc. | Sold out | 0.00% | −4.88 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −1.62 |
| PSA Public Storage | Reduce -23.3% | 13.31% | −1.16 |
| AMZN Amazon.com Inc. | Reduce -14.9% | 3.47% | −0.02 |
Portfolio Buys Q1 2026 → Q2 2026
| COO The Cooper Cos Inc. | New | 11.73% | +11.73 |
| SCHW Schwab (charles) Corp. | New | 9.65% | +9.65 |
| POST Post Holdings Inc. | New | 6.98% | +6.98 |
| HDB HDFC Bank Ltd.-ADR | Add +110.0% | 9.86% | +5.43 |
| BDX Becton Dickinson and Co. | Add +74.4% | 9.35% | +3.90 |
| LDOS Leidos Holdings Inc. | New | 1.87% | +1.87 |
| AGI Alamos Gold Inc. Class A | Add +33.3% | 22.07% | −1.67 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 13 | $137.5M | AGI, PSA, COO, HDB, SCHW |
| Q1 2026 | 12 | $140.4M | AGI, PSA, CSTM, TFX, CFG |
| Q4 2025 | 13 | $135.7M | AGI, CSTM, PSA, CFG, MTN |
| Q3 2025 | 13 | $147.3M | CSTM, CFG, PSA, AWK, AMZN |
| Q2 2025 | 15 | $150.7M | CFG, CSTM, AMZN, PSA, AWK |
| Q1 2025 | 14 | $128.0M | AMZN, AWK, PSA, CSTM, MTN |
| Q4 2024 | 15 | $106.4M | AMZN, CSTM, MTN, HDB, AWK |
| Q3 2024 | 15 | $120.3M | AMZN, CSTM, HDB, MTN, NEM |
| Q2 2024 | 18 | $149.9M | HDB, AMZN, KVUE, CSTM, NEOG |
| Q1 2024 | 16 | $179.2M | CSTM, LDOS, KVUE, ASAIY, AMZN |