59 North Capital Management, LP
Houston, TX
$4.5bn in 19 US stocks at the end of 30 June 2026. The top 10 are 74.5% of the money. It changed about 35.3% of the portfolio this quarter.
Value
$4.5bn
Stocks
19
Top 10 share
74.5%
Turnover
35.3%
What changed this quarter
New
Bought for the first time this quarter.
- CarnivalCCL6.6% of the fund
- Vulcan MaterialsVMC4.2% of the fund
- Capital One FinancialCOF3.7% of the fund
- Martin Marietta MaterialsMLM2.7% of the fund
- FlowserveFLS2.6% of the fund
- Sunbelt Rentals HoldingsSUNB2.0% of the fund
- FluorFLR1.5% of the fund
Added
Bought more of a stock they already held.
- Walt DisneyDIS11.3% of the fund+144%
- Ferguson EnterprisesFERG8.5% of the fund+12%
- Louisiana-PacificLPX7.4% of the fund+29%
- NewsNWSA7.3% of the fund+6%
- Genuine PartsGPC5.4% of the fund+150%
- SiteOne Landscape SupplySITE5.2% of the fund+96%
- LoewsL4.1% of the fund+260%
- ChevronCVX3.9% of the fund+2%
Cut
Sold some of their stake.
- AerCap HoldingsAER9.1% of the fund-11%
- DT MidstreamDTM6.4% of the fund-25%
- NewsNWS0.7% of the fund-25%
Sold out
Sold their entire stake.
- Carnival-100%
- Constellation EnergyCEG-100%
- WeyerhaeuserWY-100%
- Lamar AdvertisingLAMR-100%
- National Fuel GasNFG-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Walt DisneyDIS | 11.3% | $506m | 5,255,314 | +144% |
| AerCap HoldingsAER | 9.1% | $407m | 2,794,436 | -11% |
| Ferguson EnterprisesFERG | 8.5% | $380m | 1,602,541 | +12% |
| Kinder MorganKMI | 7.4% | $332m | 10,399,659 | Held |
| Louisiana-PacificLPX | 7.4% | $331m | 4,209,054 | +29% |
| NewsNWSA | 7.3% | $329m | 13,232,481 | +6% |
| CarnivalCCL | 6.6% | $296m | 10,351,493 | New |
| DT MidstreamDTM | 6.4% | $290m | 1,974,250 | -25% |
| Genuine PartsGPC | 5.4% | $243m | 2,061,340 | +150% |
| SiteOne Landscape SupplySITE | 5.2% | $235m | 2,057,212 | +96% |
| Vulcan MaterialsVMC | 4.2% | $190m | 643,887 | New |
| LoewsL | 4.1% | $186m | 1,644,711 | +260% |
| ChevronCVX | 3.9% | $173m | 1,043,921 | +2% |
| Capital One FinancialCOF | 3.7% | $166m | 825,152 | New |
| Martin Marietta MaterialsMLM | 2.7% | $123m | 214,146 | New |
| FlowserveFLS | 2.6% | $115m | 1,552,748 | New |
| Sunbelt Rentals HoldingsSUNB | 2.0% | $91m | 1,212,270 | New |
| FluorFLR | 1.5% | $68m | 1,290,963 | New |
| NewsNWS | 0.7% | $32m | 1,148,333 | -25% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 60.4% since 30 June 2025.
Where the money is
Industrials25.1%
Media & telecom19.3%
Energy17.7%
Retail & consumer12.0%
Technology11.1%
Financial services7.8%
Materials7.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.