Northern Right Capital Management, L.P.
DARIEN, CT
$337m in 27 US stocks at the end of 30 June 2026. The top 10 are 67.9% of the money. It changed about 37.0% of the portfolio this quarter.
Value
$337m
Stocks
27
Top 10 share
67.9%
Turnover
37.0%
What changed this quarter
New
Bought for the first time this quarter.
- TerawulfWULF5.7% of the fund
- Hewlett Packard EnterpriseHPE5.4% of the fund
- Core ScientificCORZ4.7% of the fund
- Zoom CommunicationsZM4.0% of the fund
- ComstockLODE2.8% of the fund
- YUM BrandsYUM1.9% of the fund
- Hyperliquid StrategiesPURR0.8% of the fund
- Sphere EntertainmentSPHR0.8% of the fund
- AdeiaADEA0.1% of the fund
Added
Bought more of a stock they already held.
- FTAI AviationFTAI10.7% of the fund+29%
- TKO Group HoldingsTKO9.8% of the fund+40%
- Strata Critical MedicalSRTA7.6% of the fund+20%
- Duos Technologies GroupDUOT4.3% of the fund+13%
- eBayEBAY3.1% of the fund+272%
- Brookfield Renewable EnergyBEP1.9% of the fund+13%
Cut
Sold some of their stake.
- NewsNWSA9.9% of the fund-4%
- Centuri HoldingsCTRI4.8% of the fund-5%
- Hut 8HUT4.7% of the fund-24%
- EchoStarECHO4.6% of the fund-8%
- Ares ManagementARES2.8% of the fund-14%
- Nebius GroupNBIS1.3% of the fund-24%
Sold out
Sold their entire stake.
- Howard Hughes HoldingsHHH-100%
- NasdaqNDAQ-100%
- NetflixNFLX-100%
- Rithm CapitalRITM-100%
- SmartRentSMRT-100%
- Cadre HoldingsCDRE-100%
- TPG Mortgage Investment TrustMITT-100%
Holdings
- Brookfield Renewable EnergyBEP
- Share
- 1.9%
- Value
- $6m
- Shares
- 179,871
+13%
- Energy Transfer L PET
- Share
- 1.2%
- Value
- $4m
- Shares
- 212,512
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| FTAI AviationFTAI | 10.7% | $36m | 133,190 | +29% |
| NewsNWSA | 9.9% | $33m | 1,340,878 | -4% |
| TKO Group HoldingsTKO | 9.8% | $33m | 164,754 | +40% |
| Strata Critical MedicalSRTA | 7.6% | $26m | 4,890,584 | +20% |
| TerawulfWULF | 5.7% | $19m | 773,594 | New |
| Hewlett Packard EnterpriseHPE | 5.4% | $18m | 399,868 | New |
| Centuri HoldingsCTRI | 4.8% | $16m | 531,148 | -5% |
| Core ScientificCORZ | 4.7% | $16m | 622,587 | New |
| Hut 8HUT | 4.7% | $16m | 137,356 | -24% |
| EchoStarECHO | 4.6% | $16m | 153,377 | -8% |
| Duos Technologies GroupDUOT | 4.3% | $15m | 1,219,122 | +13% |
| Zoom CommunicationsZM | 4.0% | $14m | 157,049 | New |
| eBayEBAY | 3.1% | $10m | 93,000 | +272% |
| Ares ManagementARES | 2.8% | $9m | 84,903 | -14% |
| ComstockLODE | 2.8% | $9m | 2,246,637 | New |
| Great Elm GroupGEG | 2.7% | $9m | 4,243,168 | Held |
| Apollo Global ManagementAPO | 2.2% | $7m | 61,339 | Held |
| YUM BrandsYUM | 1.9% | $6m | 40,000 | New |
| Brookfield Renewable EnergyBEP | 1.9% | $6m | 179,871 | +13% |
| Nebius GroupNBIS | 1.3% | $4m | 15,290 | -24% |
| Energy Transfer L PET | 1.2% | $4m | 212,512 | Held |
| NewsNWS | 1.2% | $4m | 140,459 | Held |
| Hyperliquid StrategiesPURR | 0.8% | $3m | 350,000 | New |
| Sphere EntertainmentSPHR | 0.8% | $3m | 15,000 | New |
| Great Elm CapitalGECC | 0.6% | $2m | 383,971 | Held |
| Apartment Investment & ManagementAIV | 0.4% | $1m | 479,342 | Held |
| AdeiaADEA | 0.1% | $500,536 | 15,200 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 15.4% since 30 June 2025.
Where the money is
Technology28.4%
Media & telecom25.7%
Financial services20.9%
Health care7.6%
Retail & consumer5.8%
Utilities4.8%
Materials2.8%
Real estate0.4%
Other3.7%
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.