Eric Mandelblatt Soroban Capital Partners
Eric Mandelblatt is the founder of Soroban Capital Partners, a fundamental long/short equity firm. Soroban is known for research-intensive positions and a flexible approach across sectors. Mandelblatt’s public portfolio is followed among large fundamental hedge fund managers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ferguson
FERG
|
+$625M |
| 2 |
Amazon
AMZN
|
+$384M |
| 3 |
Microsoft
MSFT
|
+$274M |
| 4 |
Rexford Industrial Realty
REXR
|
+$234M |
| 5 |
Southern Company
SO
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CSX Corp
CSX
|
+$320M |
| 2 |
Union Pacific
UNP
|
+$303M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$244M |
| 4 |
Yum! Brands
YUM
|
+$220M |
| 5 |
Visa
V
|
+$179M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.49% |
| 2 | Financials | 21.26% |
| 3 | Utilities | 20.71% |
| 4 | Communication Services | 12.06% |
| 5 | Industrials | 11.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.59T
| $1.54B | 21.79% |
4,111,841
+672,431
| +20% | +$274M |
|
|
2
Ferguson
FERG
$46.9B
| $578M | 8.15% |
+3,604,497
| New | +$625M |
|
|
3
Alphabet (Google) Class C
GOOG
$4.18T
| $559M | 7.88% |
3,575,580
| – | – |
|
|
4
Visa
V
$693B
| $523M | 7.38% |
1,492,992
-527,687
| -26% | -$179M |
|
5
Mastercard
MA
$509B
| $505M | 7.13% |
922,216
-58,820
| -6% | -$32M |
|
6
Brookfield
BN
$93.1B
| $478M | 6.74% |
13,674,557
-1,735,636
| -11% | -$65.6M |
|
|
7
Amazon
AMZN
$2.79T
| $337M | 4.75% |
+1,770,300
| New | +$384M |
|
|
8
Alphabet (Google) Class A
GOOGL
$4.22T
| $296M | 4.18% |
1,915,370
-1,347,945
| -41% | -$244M |
|
9
TSMC
TSM
$2.17T
| $249M | 3.52% |
1,500,256
+538,300
| +56% | +$105M |
|
10
Entergy
ETR
$48.8B
| $239M | 3.38% |
2,797,681
-77,077
| -3% | -$6.35M |
|
|
11
Rexford Industrial Realty
REXR
$8.3B
| $229M | 3.23% |
+5,846,361
| New | +$234M |
|
|
12
Southern Company
SO
$102B
| $205M | 2.89% |
+2,229,510
| New | +$193M |
|
|
13
CSX Corp
CSX
$95.6B
| $204M | 2.87% |
6,917,571
-10,085,280
| -59% | -$320M |
|
14
FirstEnergy
FE
$26.6B
| $171M | 2.42% |
4,235,948
-4,104,812
| -49% | -$163M |
|
15
DTE Energy
DTE
$28.1B
| $166M | 2.34% |
1,197,088
+218,839
| +22% | +$27.9M |
|
16
American Electric Power
AEP
$65.8B
| $158M | 2.24% |
1,449,271
+201,849
| +16% | +$20.4M |
|
17
NiSource
NI
$19.5B
| $117M | 1.65% |
2,917,949
-70,700
| -2% | -$2.72M |
|
18
Ameren
AEE
$29.4B
| $113M | 1.6% |
1,128,514
-1,576,411
| -58% | -$152M |
|
19
WEC Energy
WEC
$34.5B
| $95.6M | 1.35% |
877,344
-271,134
| -24% | -$27.7M |
|
20
CoStar Group
CSGP
$13.1B
| $83.3M | 1.18% |
1,050,747
+577,835
| +122% | +$44M |
|
21
Duke Energy
DUK
$93.4B
| $59.2M | 0.84% |
+485,677
| New | +$55.4M |
|
|
PPL
22
PPL Corp
PPL
$25.9B
| $56.8M | 0.8% |
1,572,134
-374,816
| -19% | -$12.7M |
|
23
CenterPoint Energy
CNP
$25.5B
| $52.1M | 0.74% |
1,439,105
-763,990
| -35% | -$25.6M |
|
24
CMS Energy
CMS
$21.4B
| $34.1M | 0.48% |
+454,437
| New | +$31.7M |
|
25
Restaurant Brands International
QSR
$28.2B
| $20M | 0.28% |
300,000
| – | – |
|
Similar funds
Eric Mandelblatt's Q1 2025 Portfolio in Review
As of Q1 2025, Eric Mandelblatt held 32 positions worth $7.09B, down 5.1% from $7.47B the previous quarter. Its ten largest holdings account for 75% of the portfolio.
Eric Mandelblatt's Q1 2025 filing shows 8 new, 5 increased, 12 reduced and 5 closed positions. Its largest new stake was Ferguson: 3,604,497 shares worth $578M. The largest sale was CSX Corp, an estimated $320M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 23% a quarter earlier, followed by Financials and Utilities.
- Eric Mandelblatt's largest Q1 2025 buy was Ferguson: 3,604,497 shares worth $578M.
- Eric Mandelblatt added most to Microsoft in Q1 2025, an estimated $274M increase.
- Eric Mandelblatt's biggest Q1 2025 reduction was CSX Corp, cutting an estimated $320M.
- Eric Mandelblatt fully exited Union Pacific in Q1 2025, selling an estimated $303M.
- Eric Mandelblatt's ten largest holdings make up 75% of its $7.09B portfolio in Q1 2025.
- Eric Mandelblatt opened 8 new positions and closed 5 in Q1 2025.
- Eric Mandelblatt's portfolio value fell 5.1% quarter-over-quarter to $7.09B.
Based on Soroban Capital Partners's 13F filing for Q1 2025, filed 15 May 2025.