We are live on
!
Find out more
NRCM
Northern Right Capital Management Portfolio holdings
AUM
$281M
1-Year Est. Return
56.22%
This Fund
S&P 500
This Quarter
Est. Return
+11.39%
1 Year Est. Return
+56.22%
3 Year Est. Return
+150.09%
5 Year Est. Return
+127.08%
10 Year Est. Return
+1,511.03%
AUM
$381M
AUM Growth
+$57.7M
(+18%)
Cap. Flow
+$26.8M
Cap. Flow
% of AUM
7.05%
Top 10 Holdings %
Top 10 Hldgs %
66.75%
Holding
30
New
6
Increased
11
Reduced
5
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
FTAI Aviation
FTAI
|
+$19.4M |
| 2 |
SRTA
Strata Critical Medical Inc
SRTA
|
+$13.9M |
| 3 |
ECHO
EchoStar
ECHO
|
+$9.22M |
| 4 |
Flutter Entertainment
FLUT
|
+$8.69M |
| 5 |
Fox Class B
FOX
|
+$8.61M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pinterest
PINS
|
+$21.3M |
| 2 |
Norwegian Cruise Line
NCLH
|
+$19.5M |
| 3 |
Vertiv
VRT
|
+$8.85M |
| 4 |
Apollo Global Management
APO
|
+$7.19M |
| 5 |
Madison Square Garden
MSGE
|
+$5.27M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 35.59% |
| 2 | Financials | 28.92% |
| 3 | Real Estate | 12.84% |
| 4 | Industrials | 5.89% |
| 5 | Utilities | 4.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
News Corp Class A
NWSA
$14.9B
| $31.2M | 8.2% |
1,196,066
+28,694
| +2% | +$753K |
|
|
ECHO
2
EchoStar
ECHO
$24.4B
| $28.1M | 7.37% |
258,223
+113,223
| +78% | +$9.22M |
|
|
HUT
3
Hut 8
HUT
$12.1B
| $27.7M | 7.28% |
603,201
-81,704
| -12% | -$3.6M |
|
4
DigitalBridge
DBRG
$2.93B
| $27M | 7.08% |
1,756,872
+373,149
| +27% | +$4.48M |
|
5
Howard Hughes
HHH
$3.81B
| $26.9M | 7.06% |
336,926
+34,476
| +11% | +$2.86M |
|
6
TKO Group
TKO
$13.6B
| $26.8M | 7.04% |
128,326
+26,102
| +26% | +$5.07M |
|
|
7
Fox Class B
FOX
$21.8B
| $24.3M | 6.39% |
374,629
+147,403
| +65% | +$8.61M |
|
|
8
FTAI Aviation
FTAI
$21.1B
| $22.4M | 5.89% |
+114,000
| New | +$19.4M |
|
9
Ares Management
ARES
$28.9B
| $19.9M | 5.23% |
123,338
+39,133
| +46% | +$6.1M |
|
10
Rithm Capital
RITM
$5.52B
| $19.9M | 5.21% |
1,821,861
+123,858
| +7% | +$1.37M |
|
|
11
Madison Square Garden
MSGE
$3.66B
| $19.7M | 5.18% |
366,377
-109,565
| -23% | -$5.27M |
|
|
12
Apollo Global Management
APO
$72.4B
| $19.1M | 5.02% |
132,095
-54,109
| -29% | -$7.19M |
|
13
Centuri Holdings
CTRI
$2.81B
| $14.1M | 3.7% |
557,938
+236,809
| +74% | +$5.29M |
|
|
SRTA
14
Strata Critical Medical Inc
SRTA
$433M
| $13.8M | 3.62% |
+2,869,014
| New | +$13.9M |
|
15
Great Elm Group
GEG
$67.4M
| $10.8M | 2.84% |
4,243,168
| – | – |
|
16
Duos Technologies
DUOT
$271M
| $8.75M | 2.3% |
777,626
| – | – |
|
|
17
Flutter Entertainment
FLUT
$18.1B
| $8.31M | 2.18% |
+38,654
| New | +$8.69M |
|
18
SmartRent
SMRT
$195M
| $7.03M | 1.85% |
3,479,459
+827,943
| +31% | +$1.36M |
|
19
Great Elm Capital Corp
GECC
$71.1M
| $5.63M | 1.48% |
798,471
| – | – |
|
20
Brookfield Renewable
BEP
$9.96B
| $4.38M | 1.15% |
162,398
+85,782
| +112% | +$2.44M |
|
21
News Corp Class B
NWS
$16.9B
| $4.16M | 1.09% |
140,459
| – | – |
|
22
Energy Transfer Partners
ET
$70.1B
| $3.5M | 0.92% |
212,512
-19,309
| -8% | -$321K |
|
|
AIV
23
Aimco
AIV
$388M
| $2.16M | 0.57% |
+363,042
| New | +$2.17M |
|
24
MPLX
MPLX
$59.3B
| $1.87M | 0.49% |
35,038
-12,312
| -26% | -$642K |
|
25
Maplebear
CART
$10.5B
| $1.34M | 0.35% |
29,778
| – | – |
|
Similar funds
SA
IP
IB
RCP
FFP
VP
MFG
PHC
Northern Right Capital Management's Q4 2025 Portfolio in Review
As of Q4 2025, Northern Right Capital Management held 30 positions worth $381M, up 18% from $323M the previous quarter. Its ten largest holdings account for 67% of the portfolio.
Northern Right Capital Management deployed $26.8M of net new capital in Q4 2025, opening 6 new positions and adding to 11 existing holdings. Its largest new stake was FTAI Aviation: 114,000 shares worth $22.4M.
By sector, the portfolio is most concentrated in Communication Services at 36% of assets, down from 40% a quarter earlier, followed by Financials and Real Estate.
On the sell side, the largest reduction was Apollo Global Management, an estimated $7.19M trimmed.
- Northern Right Capital Management's largest Q4 2025 buy was FTAI Aviation: 114,000 shares worth $22.4M.
- Northern Right Capital Management added most to EchoStar in Q4 2025, an estimated $9.22M increase.
- Northern Right Capital Management's biggest Q4 2025 reduction was Apollo Global Management, cutting an estimated $7.19M.
- Northern Right Capital Management fully exited Pinterest in Q4 2025, selling an estimated $21.3M.
- Northern Right Capital Management's ten largest holdings make up 67% of its $381M portfolio in Q4 2025.
- Northern Right Capital Management opened 6 new positions and closed 3 in Q4 2025.
- Northern Right Capital Management's portfolio value rose 18% quarter-over-quarter to $381M.
Based on Northern Right Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.