Northern Right Capital Management, L.P.

CIK

1346543

Location

DARIEN, CT

Portfolio Value

Small $277,001,378

Diversification

Diversified

Filing Date

Global Rank

#3,543 / 8,607 ▼ 316 · as of Mar 2026

Top Industry

Entertainment 26.1%

3Y Alpha vs SPY

+2.4%

Period ended 3 months ago

Filed May 15, 2026 · 56d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+84.0%

SPY

+75.5%

Annualised alpha

+1.9%

Max drawdown

−27.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

24 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

12.6%

+3.7 pts

Top 5

46.1%

+6.1 pts

Top 10

74.9%

+4.1 pts

HHI

673

Diversified+67

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Communication Services	33.9%	$93,930,358	5
Financial Services	19.9%	$55,210,619	6
Real Estate	14.4%	$39,962,212	4
Industrials	10.1%	$28,008,926	2
Utilities	7.8%	$21,544,162	2
Healthcare	6.2%	$17,096,906	1
Technology	5.4%	$14,871,214	2
Energy	1.5%	$4,101,481	1
Consumer Cyclical	0.8%	$2,275,500	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

7 positions

Ticker	Company	Δ Shares	Shares	Value
SMRT	SmartRent, Inc.	+1,506,341	4,985,800	$7,478,700
SRTA	Strata Critical Medical, Inc.	+1,221,155	4,090,169	$17,096,906
DUOT	Duos Technologies Group, Inc.	+300,000	1,077,626	$7,392,514
NWSA	News Corp	+202,638	1,398,704	$34,869,690
AIV	Apartment Investment & Management Co	+116,300	479,342	$1,950,921
HHH	Howard Hughes Holdings Inc.	+45,746	382,672	$24,207,830
CTRI	Centuri Holdings, Inc.	+1,462	559,400	$16,340,074
No positions match the current search.

Trimmed

Positions the filer reduced

9 positions

Ticker	Company	Δ Shares	Shares	Value
HUT	Hut 8 Corp.	−422,932	180,269	$8,456,418
RITM	Rithm Capital Corp.	−415,112	1,406,749	$13,335,980
GECC	Great Elm Capital Corp.	−414,500	383,971	$1,923,694
ECHO	EchoStar CORP	−91,236	166,987	$19,549,168
APO	Apollo Global Management, Inc.	−70,756	61,339	$6,834,391
ARES	Ares Management Corp	−25,044	98,294	$10,723,875
FTAI	FTAI Aviation Ltd.	−10,707	103,293	$25,306,785
TKO	TKO Group Holdings, Inc.	−10,374	117,952	$23,785,020
BEP	Brookfield Renewable Partners L.P.	−2,959	159,439	$5,204,088
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
NDAQ	Nasdaq, Inc.	227,795	$19,337,517
NFLX	Netflix Inc	141,979	$13,651,280
CDRE	Cadre Holdings, Inc.	88,075	$2,702,141
EBAY	Ebay Inc	25,000	$2,275,500
NBIS	Nebius Group N.V.	20,000	$2,075,200
MITT	TPG Mortgage Investment Trust, Inc.	63,951	$467,481
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
DBRG	DigitalBridge Group, Inc.	1,756,872	$26,950,416
MSGE	Madison Square Garden Entertainment Corp.	366,377	$19,744,056
FLUT	Flutter Entertainment plc	38,654	$8,312,156
MPLX	Mplx LP	35,038	$1,869,978
CART	Maplebear Inc.	29,778	$1,339,414
LION	Lionsgate Studios Corp.	131,226	$1,198,093
SSTI	Soundthinking, Inc.	92,260	$740,847
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 positions · $277,001,378 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NWSA	News Corp Communication Services	Added	1,398,704	+202,638	$34,869,690	+11.6%	12.59%
FTAI	FTAI Aviation Ltd. Industrials	Reduced	103,293	-10,707	$25,306,785	+12.8%	9.14%
HHH	Howard Hughes Holdings Inc. Real Estate	Added	382,672	+45,746	$24,207,830	−9.9%	8.74%
TKO	TKO Group Holdings, Inc. Communication Services	Reduced	117,952	-10,374	$23,785,020	−11.3%	8.59%
ECHO	EchoStar CORP Communication Services	Reduced	166,987	-91,236	$19,549,168	−30.4%	7.06%
NDAQ	Nasdaq, Inc. Financial Services	NEW	227,795	NEW	$19,337,517	NEW	6.98%
SRTA	Strata Critical Medical, Inc. Healthcare	Added	4,090,169	+1,221,155	$17,096,906	+23.9%	6.17%
CTRI	Centuri Holdings, Inc. Utilities	Added	559,400	+1,462	$16,340,074	+16.0%	5.90%
NFLX	Netflix Inc Communication Services	NEW	141,979	NEW	$13,651,280	NEW	4.93%
RITM	Rithm Capital Corp. Real Estate	Reduced	1,406,749	-415,112	$13,335,980	−32.8%	4.81%
ARES	Ares Management Corp Financial Services	Reduced	98,294	-25,044	$10,723,875	−46.2%	3.87%
HUT	Hut 8 Corp. Financial Services	Reduced	180,269	-422,932	$8,456,418	−69.5%	3.05%
GEG	Great Elm Group, Inc. Financial Services	Held	4,243,168	0	$7,934,724	−26.7%	2.86%
SMRT	SmartRent, Inc. Technology	Added	4,985,800	+1,506,341	$7,478,700	+6.4%	2.70%
DUOT	Duos Technologies Group, Inc. Technology	Added	1,077,626	+300,000	$7,392,514	−15.5%	2.67%
APO	Apollo Global Management, Inc. Financial Services	Reduced	61,339	-70,756	$6,834,391	−64.3%	2.47%
BEP	Brookfield Renewable Partners L.P. Utilities	Reduced	159,439	-2,959	$5,204,088	+18.8%	1.88%
ET	Energy Transfer LP Energy	Held	212,512	0	$4,101,481	+17.0%	1.48%
CDRE	Cadre Holdings, Inc. Industrials	NEW	88,075	NEW	$2,702,141	NEW	0.98%
EBAY	Ebay Inc Consumer Cyclical	NEW	25,000	NEW	$2,275,500	NEW	0.82%
NBIS	Nebius Group N.V. Communication Services	NEW	20,000	NEW	$2,075,200	NEW	0.75%
AIV	Apartment Investment & Management Co Real Estate	Added	479,342	+116,300	$1,950,921	−9.5%	0.70%
GECC	Great Elm Capital Corp. Financial Services	Reduced	383,971	-414,500	$1,923,694	−65.8%	0.69%
MITT	TPG Mortgage Investment Trust, Inc. Real Estate	NEW	63,951	NEW	$467,481	NEW	0.17%