Skip to main content

Soapstone Management L.P.

Location
BETHESDA, MD
Portfolio Value
Small $140,402,894
Diversification
Diversified
Filing Date
Global Rank
#4,996 / 8,623 ▲ 230 · as of Mar 2026
Top Industry
Gold 23.7%
3Y Alpha vs SPY
-2.0%
Period ended 4 months ago
Filed May 15, 2026 · 3mo
25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio
+62.0%
SPY
+65.3%
Annualised alpha
-0.8%
Max drawdown
−22.1%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

12 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025
Top Position
23.7%
+4.0 pts
Top 5
71.9%
+1.6 pts
Top 10
97.5%
+0.9 pts
HHI
1,306
Jun 2023 → Mar 2026 · range 705 – 1,306
Diversified+27

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026
Sector % Portfolio Value
Basic Materials 37.7% $52,986,500
Healthcare 15.6% $21,868,649
Real Estate 14.5% $20,316,000
Financial Services 14.0% $19,713,250
Consumer Cyclical 10.8% $15,159,945
Communication Services 4.9% $6,850,000
Technology 1.6% $2,273,600
Industrials 0.9% $1,234,950

Last Quarter's Activity

Export CSV
Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased
1 positions
Ticker Δ Shares Shares Value Open

Trimmed

Positions the filer reduced
2 positions
Ticker Δ Shares Shares Value Open

New Positions

Positions the filer opened this quarter
5 positions
Ticker Shares Value Open

Sold Out

Positions the filer fully exited
6 positions
Ticker Shares Value Open

Portfolio Positions

Export CSV View 13F filing
12 tracked positions · $140,402,894 total · filing declares 12 positions · $140,402,896 · as of Mar 31, 2026
Ticker Company Shares Value (USD) % of Portfolio History

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.