59 North Capital Management, LP

CIK

1805589

Location

Houston, TX

Portfolio Value

Mid $3,309,052,777

Diversification

Diversified

Filing Date

Global Rank

#864 / 8,603 ▲ 49 · as of Mar 2026

Top Industry

Oil & Gas Midstream 21.4%

3Y Alpha vs SPY

+1.0%

Period ended 3 months ago

Filed May 15, 2026 · 55d

22 quarters · since Dec 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

+77.9%

SPY

+76.5%

Annualised alpha

+0.3%

Max drawdown

−22.8%

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

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

Top Position

12.9%

−2.2 pts

Top 5

53.8%

−2.7 pts

Top 10

87.7%

−4.1 pts

HHI

852

Diversified−102

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	34.4%	$1,138,542,570	4
Energy	28.3%	$935,192,816	4
Communication Services	15.6%	$517,720,573	2
Consumer Cyclical	9.9%	$327,922,769	2
Utilities	6.9%	$227,062,922	1
Real Estate	3.4%	$113,873,643	2
Financial Services	1.5%	$48,737,484	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
CCL	Carnival Corp Ltd.	+1,722,114	9,305,802	$240,834,155
CEG	Constellation Energy Corp	+229,617	813,117	$227,062,922
FERG	Ferguson Enterprises Inc. /DE/	+172,204	1,427,341	$332,941,561
No positions match the current search.

Trimmed

Positions the filer reduced

7 positions

Ticker	Company	Δ Shares	Shares	Value
KMI	Kinder Morgan, Inc.	−810,145	10,563,400	$354,190,802
NWSA	News Corp	−513,516	12,450,718	$310,396,399
DTM	DT Midstream, Inc.	−428,411	2,621,909	$353,092,485
SITE	SiteOne Landscape Supply, Inc.	−406,672	1,049,440	$139,690,958
LAMR	Lamar Advertising Co/New	−400,128	191,359	$24,237,530
LPX	Louisiana-Pacific Corp	−273,074	3,263,810	$237,442,177
AER	AerCap Holdings N.V.	−187,210	3,123,399	$428,467,874
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
CVX	Chevron Corp	1,022,484	$211,551,939
DIS	Walt Disney Co	2,151,112	$207,324,174
WY	Weyerhaeuser Co	3,669,100	$89,636,113
GPC	Genuine Parts Co	823,533	$87,088,614
L	Loews Corp	456,600	$48,737,484
NFG	National Fuel Gas Co	174,091	$16,357,590
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
EXE	EXPAND ENERGY Corp	1,841,634	$203,242,728
IBIT	iShares Bitcoin Trust ETF	3,921,034	$194,679,338
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

16 positions · $3,309,052,777 total · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AER	AerCap Holdings N.V. Industrials	Reduced	3,123,399	-187,210	$428,467,874	−10.0%	12.95%
KMI	Kinder Morgan, Inc. Energy	Reduced	10,563,400	-810,145	$354,190,802	+13.3%	10.70%
DTM	DT Midstream, Inc. Energy	Reduced	2,621,909	-428,411	$353,092,485	−3.3%	10.67%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Added	1,427,341	+172,204	$332,941,561	+19.1%	10.06%
NWSA	News Corp Communication Services	Reduced	12,450,718	-513,516	$310,396,399	−8.3%	9.38%
CCL	Carnival Corp Ltd. Consumer Cyclical	Added	9,305,802	+1,722,114	$240,834,155	+4.0%	7.28%
LPX	Louisiana-Pacific Corp Industrials	Reduced	3,263,810	-273,074	$237,442,177	−16.9%	7.18%
CEG	Constellation Energy Corp Utilities	Added	813,117	+229,617	$227,062,922	+10.2%	6.86%
CVX	Chevron Corp Energy	NEW	1,022,484	NEW	$211,551,939	NEW	6.39%
DIS	Walt Disney Co Communication Services	NEW	2,151,112	NEW	$207,324,174	NEW	6.27%
SITE	SiteOne Landscape Supply, Inc. Industrials	Reduced	1,049,440	-406,672	$139,690,958	−23.0%	4.22%
WY	Weyerhaeuser Co Real Estate	NEW	3,669,100	NEW	$89,636,113	NEW	2.71%
GPC	Genuine Parts Co Consumer Cyclical	NEW	823,533	NEW	$87,088,614	NEW	2.63%
L	Loews Corp Financial Services	NEW	456,600	NEW	$48,737,484	NEW	1.47%
LAMR	Lamar Advertising Co/New Real Estate	Reduced	191,359	-400,128	$24,237,530	−67.6%	0.73%
NFG	National Fuel Gas Co Energy	NEW	174,091	NEW	$16,357,590	NEW	0.49%