Dendur Capital 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.
Dendur Capital reported a $1.7 bn portfolio of 22 companies (23 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are DIS, VSEC, ATI. During the quarter it opened GFL Environmental and Compass and exited Capital One Financial and Core & Main.
Sections with a free account
What changed this quarter
24 positions with a change (7 new, 5 added to, 6 trimmed, 6 sold); also, 1 entered through an IPO. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Newly listedDPC HoldingsDPC2.2% of the portfolio
It started trading this quarter: it appears in a 13F for the first time. The filing does not say whether the manager already held it before the listing, so it is not counted as a purchase.
- VSE+4.4 ppof portfolioIncreased7.9% → 12.1%
- GFL Environmental+4.3 ppof portfolioNew— → 4.3%
- Compass+3.9 ppof portfolioNew— → 3.9%
- Capital One Financial−3.8 ppof portfolioSold out4.8% → —
- ATI−21%fewer sharesReduced13.7% → 11.6%
- Sotera Health+2.9 ppof portfolioNew— → 2.9%
- Core & Main−2.6 ppof portfolioSold out3.3% → —
- AerCap Holdings−2.5 ppof portfolioSold out3.2% → —
- MKS−42%fewer sharesReduced3.6% → 3.2%
- Hut 8−34%fewer sharesReduced3.0% → 3.9%
- Telephone and Data Systems−2.0 ppof portfolioSold out2.5% → —
- TTM Technologies−27%fewer sharesReduced4.7% → 5.2%
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
- Walt DisneyDIS12.3%
- VSEVSEC12.1%
- ATIATI11.6%
- Liberty MediaFWONK7.9%
- Six Flags EntertainmentFUN6.2%
- TTM TechnologiesTTMI5.2%
- Live Nation EntertainmentLYV4.7%
- GFL EnvironmentalGFL4.3%
- Madison Square Garden EntertainmentMSGE4.1%
- CompassCOMP3.9%
- Hut 8HUT3.9%
- Warner Bros. DiscoveryWBD3.5%
- MKSMKSI3.2%
- Union PacificUNP3.0%
- Sotera HealthSHC2.9%
“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
- ● Communication Services 34%
- ● Industrials 30%
- ● Information Technology 18%
- ● Consumer Discretionary 6%
- ● Real Estate 4%
- ● Health Care 3%
- ● Utilities 3%
- ● Materials 2%
- ● No sector 1%
How its portfolio changed (8 quarters)
Q2 2026: 23
Q2 2026: 71%
Q2 2026: 24.2%
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.
Declared options (1)
Besides stocks, Dendur Capital declared 1 put (they gain if the stock falls) with a notional of $195M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- PUTiShares Russell 2000 ETFIWMnew this quarter$195M
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 19, 2026 (high confidence).
The data, as reported: DENDUR CAPITAL LP (CRD 300823): 7.B private funds: 2 hedge (gross assets $1.3 bn); 5.D assets by client type: pooled vehicles 89%, governments 11% (of $1.5 bn)
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.
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