Northern Right Capital Management portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Northern Right Capital Management reported a $337M portfolio of 26 companies (27 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are NWSA, FTAI, TKO. During the quarter it opened Terawulf and Hewlett Packard Enterprise and exited Howard Hughes Holdings and Nasdaq.
Sections with a free account
What it reported after the quarter end (Q2 2026)
The 13F shows the portfolio as of Jun 30, 2026. Since then Northern Right Capital Management has filed these own trades with the SEC (Form 4, when it owns more than 10% of a company or holds a role in it) and stakes above 5% (13D and 13G). It is not everything it did: only what it must report before the next 13F.
Stake reported in the company · event of Jul 10, 2026 · filed Jul 14, 2026 · filing ↗
What changed this quarter
28 positions with a change (9 new, 6 added to, 6 trimmed, 7 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Howard Hughes Holdings−7.2 ppof portfolioSold out8.6% → —
- Nasdaq−5.7 ppof portfolioSold out6.9% → —
- Terawulf+5.7 ppof portfolioNew— → 5.7%
- Hewlett Packard Enterprise+5.4 ppof portfolioNew— → 5.4%
- Core Scientific+4.7 ppof portfolioNew— → 4.7%
- Netflix−4.1 ppof portfolioSold out4.9% → —
- Zoom Communications+4.0 ppof portfolioNew— → 4.0%
- Rithm Capital−4.0 ppof portfolioSold out4.7% → —
- TKO Group Holdings+40%more sharesIncreased8.5% → 9.8%
- Comstock+2.8 ppof portfolioNew— → 2.8%
- Ftai Aviation+29%more sharesIncreased9.0% → 10.7%
- eBay+272%more sharesIncreased0.8% → 3.1%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- NewsNWSA · NWS11.1%
- FTAI AviationFTAI10.7%
- TKO Group HoldingsTKO9.8%
- Strata Critical MedicalSRTA7.6%
- TerawulfWULF5.7%
- Hewlett Packard EnterpriseHPE5.4%
- Centuri HoldingsCTRI4.8%
- Core ScientificCORZ4.7%
- Hut 8HUT4.7%
- EchoStarECHO4.6%
- Duos Technologies GroupDUOT4.3%
- Zoom CommunicationsZM4.0%
- eBayEBAY3.1%
- ARES ManagementARES2.8%
- ComstockLODE2.8%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Information Technology 33%
- ● Communication Services 27%
- ● Industrials 16%
- ● Health Care 8%
- ● Financials 6%
- ● Consumer Discretionary 5%
- ● Materials 3%
- ● Utilities 2%
- ● Energy 1%
- ● No sector 1%
How its portfolio changed (8 quarters)
Q2 2026: 27
Q2 2026: 68%
Q2 2026: 31.5%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
13F filings with amendments or confidential positions
- 13F Q2 2025 ↗filed Aug 14, 2025Amendment of Aug 15, 2025 (replaces the original) ↗
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Mar 31, 2026 (high confidence).
The data, as reported: NORTHERN RIGHT CAPITAL MANAGEMENT, L.P. (CRD 133046): 7.B private funds: 2 hedge (gross assets $453M); 5.D assets by client type: pooled vehicles 82%, corporations 18% (of $553M)
The type comes from a rule applied to that data. If it looks wrong, tell us.
Similar managers by type and size
Same type of filer and a 13F portfolio value between a third and three times this one. It is not a comparison of what they hold.
- MuhlenkampInvestment firm · $345M
- Matthew 25 ManagementInvestment firm · $345M
- Dalal StreetInvestment firm · $327M
- Stonehill Capital ManagementInvestment firm · $350M
- SW Investment ManagementInvestment firm · $352M
- INCA InvestmentsInvestment firm · $353M