Kettle Hill Capital Management
New York, NYfiles as KETTLE HILL CAPITAL MANAGEMENT, LLC
$406m in 35 US stocks at the end of 30 June 2026. The top 10 are 47.1% of the money. It changed about 52.9% of the portfolio this quarter.
Value
$406m
Stocks
35
Top 10 share
47.1%
Turnover
52.9%
What changed this quarter
New
Bought for the first time this quarter.
- ParsonsPSN5.5% of the fund
- Norwegian Cruise Line HoldingsNCLH3.6% of the fund
- e.l.f. BeautyELF3.6% of the fund
- KBRKBR3.1% of the fund
- LKQLKQ3.0% of the fund
- Sensata Technologies HoldingST2.6% of the fund
- AlphabetGOOGL1.9% of the fund
- ON SemiconductorON1.6% of the fund
- Aeva TechnologiesAEVA1.6% of the fund
- Champion HomesSKY1.3% of the fund
- ExelonEXC1.3% of the fund
- Duke EnergyDUK1.3% of the fund
- Consolidated EdisonED1.3% of the fund
- PPLPPL1.3% of the fund
- Krispy KremeDNUT<0.1% of the fund
Added
Bought more of a stock they already held.
- Verizon CommunicationsVZ5.4% of the fund+384%
- AvantorAVTR4.5% of the fund+65%
- Kinder MorganKMI4.4% of the fund+122%
- Crown CastleCCI4.4% of the fund+58%
- SBA CommunicationsSBAC4.4% of the fund+457%
- Primo BrandsPRMB4.1% of the fund+15%
- Toll BrothersTOL3.7% of the fund+13%
- Floor & Decor HoldingsFND3.1% of the fund+318%
- Amazon.comAMZN1.9% of the fund+40%
- Bob's Discount FurnitureBOBS1.5% of the fund+32%
Cut
Sold some of their stake.
- NXP SemiconductorsNXPI5.5% of the fund-23%
- International Flavors & FragrancesIFF4.5% of the fund-9%
- Churchill DownsCHDN4.4% of the fund-33%
- Vail ResortsMTN3.7% of the fund-47%
- Rocket CompaniesRKT3.6% of the fund-41%
- PENN EntertainmentPENN3.6% of the fund-40%
- Healthcare Realty TrustHR1.8% of the fund-65%
- Golar LNGGLNG1.5% of the fund-27%
- Pebblebrook Hotel TrustPEB1.2% of the fund-57%
Sold out
Sold their entire stake.
- Franklin TempletonBEN-100%
- GlobalfoundriesGFS-100%
- lululemon athleticaLULU-100%
- Zions Bancorporation, National AssociationZION-100%
- Versant Media GroupVSNT-100%
- Wynn ResortsWYNN-100%
- Under ArmourUAA-100%
- MoelisMC-100%
- WolfspeedWOLF-100%
- Allegro MicrosystemsALGM-100%
- Carnival-100%
- JPMorgan ChaseJPM-100%
- Microchip TechnologyMCHP-100%
- Fifth Third BancorpFITB-100%
- Analog DevicesADI-100%
- Raymond James FinancialRJF-100%
- Huntington Ingalls IndustriesHII-100%
- American TowerAMT-100%
- Kimco RealtyKIM-100%
- ElasticESTC-100%
- Alaska Air GroupALK-100%
- SentinelOneS-100%
- Commercial MetalsCMC-100%
- AmrizeAMRZ-100%
- Matrix ServiceMTRX-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| ParsonsPSN | 5.5% | $22m | 425,751 | New |
| NXP SemiconductorsNXPI | 5.5% | $22m | 78,952 | -23% |
| Verizon CommunicationsVZ | 5.4% | $22m | 519,304 | +384% |
| AvantorAVTR | 4.5% | $18m | 1,860,954 | +65% |
| International Flavors & FragrancesIFF | 4.5% | $18m | 229,829 | -9% |
| Kinder MorganKMI | 4.4% | $18m | 562,329 | +122% |
| Crown CastleCCI | 4.4% | $18m | 236,288 | +58% |
| Churchill DownsCHDN | 4.4% | $18m | 199,608 | -33% |
| SBA CommunicationsSBAC | 4.4% | $18m | 101,128 | +457% |
| Primo BrandsPRMB | 4.1% | $17m | 675,429 | +15% |
| Toll BrothersTOL | 3.7% | $15m | 90,764 | +13% |
| Vail ResortsMTN | 3.7% | $15m | 109,040 | -47% |
| Norwegian Cruise Line HoldingsNCLH | 3.6% | $15m | 699,167 | New |
| e.l.f. BeautyELF | 3.6% | $15m | 198,363 | New |
| Rocket CompaniesRKT | 3.6% | $15m | 930,784 | -41% |
| PENN EntertainmentPENN | 3.6% | $15m | 683,963 | -40% |
| KBRKBR | 3.1% | $13m | 367,809 | New |
| Floor & Decor HoldingsFND | 3.1% | $12m | 209,040 | +318% |
| LKQLKQ | 3.0% | $12m | 468,026 | New |
| Sensata Technologies HoldingST | 2.6% | $11m | 223,673 | New |
| AlphabetGOOGL | 1.9% | $8m | 21,526 | New |
| Amazon.comAMZN | 1.9% | $8m | 32,137 | +40% |
| Healthcare Realty TrustHR | 1.8% | $7m | 367,366 | -65% |
| ON SemiconductorON | 1.6% | $6m | 67,881 | New |
| Aeva TechnologiesAEVA | 1.6% | $6m | 222,228 | New |
| Bob's Discount FurnitureBOBS | 1.5% | $6m | 393,864 | +32% |
| Golar LNGGLNG | 1.5% | $6m | 118,889 | -27% |
| Champion HomesSKY | 1.3% | $5m | 59,367 | New |
| ExelonEXC | 1.3% | $5m | 109,642 | New |
| Duke EnergyDUK | 1.3% | $5m | 40,230 | New |
| Consolidated EdisonED | 1.3% | $5m | 46,027 | New |
| PPLPPL | 1.3% | $5m | 139,961 | New |
| Pebblebrook Hotel TrustPEB | 1.2% | $5m | 252,082 | -57% |
| Manchester UnitedMANU | <0.1% | $244,984 | 10,684 | Held |
| Krispy KremeDNUT | <0.1% | $37,895 | 10,735 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 6.0% since 30 June 2025.
Where the money is
Retail & consumer27.1%
Industrials15.7%
Real estate11.8%
Everyday goods7.7%
Media & telecom7.3%
Technology7.0%
Materials5.8%
Utilities5.0%
Health care4.5%
Energy4.4%
Financial services3.6%
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.