We are live on
!
Find out more
5NCM
59 North Capital Management Portfolio holdings
AUM
$3.35B
1-Year Est. Return
22.14%
This Fund
S&P 500
This Quarter
Est. Return
+2.27%
1 Year Est. Return
+22.14%
3 Year Est. Return
+101.07%
5 Year Est. Return
+107.98%
10 Year Est. Return
–
AUM
$3.21B
AUM Growth
+$408M
(+15%)
Cap. Flow
+$358M
Cap. Flow
% of AUM
11.14%
Top 10 Holdings %
Top 10 Hldgs %
89.69%
Holding
16
New
2
Increased
6
Reduced
5
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SiteOne Landscape Supply
SITE
|
+$226M |
| 2 |
iShares Bitcoin Trust
IBIT
|
+$169M |
| 3 |
Ferguson
FERG
|
+$152M |
| 4 |
DT Midstream
DTM
|
+$106M |
| 5 |
EXE
Expand Energy Corp
EXE
|
+$46.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$181M |
| 2 |
Constellation Energy
CEG
|
+$72.5M |
| 3 |
News Corp Class B
NWS
|
+$47.3M |
| 4 |
AerCap
AER
|
+$39.5M |
| 5 |
Norwegian Cruise Line
NCLH
|
+$38.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 38.04% |
| 2 | Energy | 25.3% |
| 3 | Communication Services | 15.71% |
| 4 | Consumer Discretionary | 7.32% |
| 5 | Utilities | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
AerCap
AER
$23.4B
| $476M | 14.83% |
3,933,136
-338,188
| -8% | -$39.5M |
|
2
News Corp Class A
NWSA
$15.6B
| $430M | 13.41% |
14,009,242
+1,358,375
| +11% | +$40.3M |
|
|
3
DT Midstream
DTM
$13.9B
| $348M | 10.83% |
3,074,081
+1,010,965
| +49% | +$106M |
|
4
Kinder Morgan
KMI
$70.9B
| $322M | 10.03% |
11,373,545
+776,165
| +7% | +$21.2M |
|
|
5
Ferguson
FERG
$43.9B
| $282M | 8.78% |
1,255,137
+670,473
| +115% | +$152M |
|
6
Louisiana-Pacific
LPX
$5.14B
| $249M | 7.75% |
2,799,478
-8,891
| -0.3% | -$821K |
|
7
Carnival Corporation Ltd
CCL
$38.1B
| $235M | 7.32% |
8,131,170
+426,985
| +6% | +$12.9M |
|
|
8
SiteOne Landscape Supply
SITE
$4.16B
| $214M | 6.68% |
+1,664,731
| New | +$226M |
|
|
9
iShares Bitcoin Trust
IBIT
$47.2B
| $169M | 5.27% |
+2,601,533
| New | +$169M |
|
|
10
Constellation Energy
CEG
$92.1B
| $154M | 4.78% |
466,489
-224,782
| -33% | -$72.5M |
|
|
EXE
11
Expand Energy Corp
EXE
$22.1B
| $142M | 4.44% |
1,340,657
+460,298
| +52% | +$46.2M |
|
|
12
News Corp Class B
NWS
$17.7B
| $74M | 2.31% |
2,141,709
-1,402,008
| -40% | -$47.3M |
|
13
Lamar Advertising Co
LAMR
$16.7B
| $72.4M | 2.26% |
591,487
| – | – |
|
|
14
iShares Russell 2000 ETF
IWM
$79.1B
| $42.2M | 1.31% |
174,219
-789,128
| -82% | -$181M |
|
15
Core Scientific
CORZ
$5.79B
| – | – |
-2,108,356
| Closed | -$36M |
|
|
16
Norwegian Cruise Line
NCLH
$9.53B
| – | – |
-1,886,994
| Closed | -$38.3M |
|
Similar funds
TAM
DIA
QCG
BDLIB
EFM
ECA
HP
VFCM
59 North Capital Management's Q3 2025 Portfolio in Review
As of Q3 2025, 59 North Capital Management held 16 positions worth $3.21B, up 15% from $2.8B the previous quarter. Its ten largest holdings account for 90% of the portfolio.
59 North Capital Management deployed $358M of net new capital in Q3 2025, opening 2 new positions and adding to 6 existing holdings. Its largest new stake was SiteOne Landscape Supply: 1,664,731 shares worth $214M.
By sector, the portfolio is most concentrated in Industrials at 38% of assets, up from 31% a quarter earlier, followed by Energy and Communication Services.
On the sell side, the largest reduction was iShares Russell 2000 ETF, an estimated $181M trimmed.
- 59 North Capital Management's largest Q3 2025 buy was SiteOne Landscape Supply: 1,664,731 shares worth $214M.
- 59 North Capital Management added most to Ferguson in Q3 2025, an estimated $152M increase.
- 59 North Capital Management's biggest Q3 2025 reduction was iShares Russell 2000 ETF, cutting an estimated $181M.
- 59 North Capital Management fully exited Norwegian Cruise Line in Q3 2025, selling an estimated $38.3M.
- 59 North Capital Management's ten largest holdings make up 90% of its $3.21B portfolio in Q3 2025.
- 59 North Capital Management opened 2 new positions and closed 2 in Q3 2025.
- 59 North Capital Management's portfolio value rose 15% quarter-over-quarter to $3.21B.
Based on 59 North Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.