We are live on
!
Find out more
5NCM
59 North Capital Management Portfolio holdings
AUM
$4.49B
1-Year Est. Return
6.4%
This Fund
S&P 500
This Quarter
Est. Return
-2.11%
1 Year Est. Return
+6.4%
3 Year Est. Return
+81.4%
5 Year Est. Return
+85.56%
10 Year Est. Return
–
AUM
$2.78B
AUM Growth
+$635M
(+30%)
Cap. Flow
+$738M
Cap. Flow
% of AUM
26.56%
Top 10 Holdings %
Top 10 Hldgs %
89.4%
Holding
16
New
3
Increased
8
Reduced
3
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$195M |
| 2 |
Kinder Morgan
KMI
|
+$190M |
| 3 |
AerCap
AER
|
+$149M |
| 4 |
SPDR Gold Trust
GLD
|
+$145M |
| 5 |
Norwegian Cruise Line
NCLH
|
+$88.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Western Digital
WDC
|
+$152M |
| 2 |
American Homes 4 Rent
AMH
|
+$90.8M |
| 3 |
Constellation Energy
CEG
|
+$53.8M |
| 4 |
Ferguson
FERG
|
+$17.3M |
| 5 |
News Corp Class B
NWS
|
+$17.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 32.02% |
| 2 | Miscellaneous | 25.55% |
| 3 | Communication Services | 15.08% |
| 4 | Consumer Discretionary | 13.06% |
| 5 | Energy | 7.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
AerCap
AER
$23.2B
| $532M | 19.17% |
5,209,534
+1,504,620
| +41% | +$149M |
|
|
2
SPDR Gold Trust
GLD
$149B
| $364M | 13.11% |
1,263,196
+547,018
| +76% | +$145M |
|
|
3
iShares Russell 2000 ETF
IWM
$80.8B
| $345M | 12.44% |
1,731,163
+898,067
| +108% | +$195M |
|
4
News Corp Class A
NWSA
$16.6B
| $303M | 10.93% |
11,147,654
+2,185,542
| +24% | +$61.1M |
|
5
Louisiana-Pacific
LPX
$4.98B
| $241M | 8.67% |
2,618,643
+635,817
| +32% | +$66.4M |
|
|
6
Kinder Morgan
KMI
$70.3B
| $196M | 7.05% |
+6,857,982
| New | +$190M |
|
7
Cedar Fair
FUN
$1.66B
| $136M | 4.88% |
3,801,830
+381,721
| +11% | +$16.2M |
|
|
8
Constellation Energy
CEG
$98.1B
| $134M | 4.82% |
663,589
-200,556
| -23% | -$53.8M |
|
|
9
Ferguson
FERG
$44.2B
| $116M | 4.18% |
724,399
-100,071
| -12% | -$17.3M |
|
|
10
News Corp Class B
NWS
$18.7B
| $115M | 4.16% |
3,799,973
-545,633
| -13% | -$17.3M |
|
11
Flutter Entertainment
FLUT
$17.7B
| $87.7M | 3.16% |
395,887
+257,530
| +186% | +$66.7M |
|
|
12
Norwegian Cruise Line
NCLH
$7.65B
| $69.9M | 2.52% |
+3,685,505
| New | +$88.8M |
|
13
Carnival Corporation Ltd
CCL
$33.9B
| $69.3M | 2.5% |
+3,548,555
| New | +$84.4M |
|
14
Lamar Advertising Co
LAMR
$15.3B
| $67.3M | 2.42% |
591,487
+53,615
| +10% | +$6.53M |
|
|
15
American Homes 4 Rent
AMH
$12.1B
| – | – |
-2,427,193
| Closed | -$90.8M |
|
|
16
Western Digital
WDC
$166B
| – | – |
-3,363,974
| Closed | -$152M |
|
Similar funds
DACG
WA
WSFS
U
MAM
FIS
SV
59 North Capital Management's Q1 2025 Portfolio in Review
As of Q1 2025, 59 North Capital Management held 16 positions worth $2.78B, up 30% from $2.14B the previous quarter. Its ten largest holdings account for 89% of the portfolio.
59 North Capital Management deployed $738M of net new capital in Q1 2025, opening 3 new positions and adding to 8 existing holdings. Its largest new stake was Kinder Morgan: 6,857,982 shares worth $196M.
By sector, the portfolio is most concentrated in Industrials at 32% of assets, down from 33% a quarter earlier, followed by Miscellaneous and Communication Services.
On the sell side, the largest reduction was Constellation Energy, an estimated $53.8M trimmed.
- 59 North Capital Management's largest Q1 2025 buy was Kinder Morgan: 6,857,982 shares worth $196M.
- 59 North Capital Management added most to iShares Russell 2000 ETF in Q1 2025, an estimated $195M increase.
- 59 North Capital Management's biggest Q1 2025 reduction was Constellation Energy, cutting an estimated $53.8M.
- 59 North Capital Management fully exited Western Digital in Q1 2025, selling an estimated $152M.
- 59 North Capital Management's ten largest holdings make up 89% of its $2.78B portfolio in Q1 2025.
- 59 North Capital Management opened 3 new positions and closed 2 in Q1 2025.
- 59 North Capital Management's portfolio value rose 30% quarter-over-quarter to $2.78B.
Based on 59 North Capital Management's 13F filing for Q1 2025, filed 15 May 2025.