Hickory Lane Capital Management LP

CIK

1817276

Location

New York, NY

Portfolio Value

Micro $79,249,097

Diversification

Diversified

Filing Date

Global Rank

#6,454 / 7,012 ▼ 339 · as of Mar 2023

Top Industry

Telecom Services 11.4%

Period ended 3 years ago

Filed May 1, 2023 · 3y

10 quarters · since Dec 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2023, never from the firm's own description.

Style

Concentrated

The top 10 positions are 63.4% of the book (60%+)

Turnover

Low turnover

21.7% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 7.5 quarters (4 to under 12)

Closest benchmark: the Nasdaq-100 as of 2023-03-31, active share 81.3%; sector active share 44.6% against the combined 13F book's sector weights.

Over time 10 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

23 tracked positions · as of Mar 31, 2023 · Δ vs Dec 31, 2022

Top Position

9.0%

−9.9 pts

Top 5

38.3%

−9.5 pts

Top 10

63.4%

−6.6 pts

HHI

536

Diversified−223

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2023

Sector	% Portfolio	Value	Positions
Industrials	25.3%	$20,077,995	5
Communication Services	25.1%	$19,858,610	5
Financial Services	14.3%	$11,349,435	3
Consumer Cyclical	13.3%	$10,526,307	4
Technology	10.4%	$8,206,500	2
Energy	5.6%	$4,433,200	2
Basic Materials	3.5%	$2,763,000	1
Unclassified	2.6%	$2,034,050	1

Last Quarter's Activity

Export CSV

Mar 31, 2023 vs Dec 31, 2022

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
VLO	Valero Energy Corp	+1,500	12,000	$1,675,200
CHTR	Charter Communications, Inc.	+1,250	5,500	$1,966,855
GOOGL	Alphabet Inc.	+500	38,000	$3,941,740
LMT	Lockheed Martin Corp	+500	8,500	$4,018,205
SPGI	S&P Global Inc.	+500	10,500	$3,620,085
No positions match the current search.

Trimmed

Positions the filer reduced

7 positions

Ticker	Company	Δ Shares	Shares	Value
HWM	Howmet Aerospace Inc.	−50,000	90,000	$3,813,300
WSC	WillScot Holdings Corp	−31,500	140,000	$6,563,200
TMUS	T-Mobile US, Inc.	−13,000	39,750	$5,757,390
LNG	Cheniere Energy, Inc.	−5,500	17,500	$2,758,000
MSFT	Microsoft Corp	−3,750	19,000	$5,477,700
VAC	MARRIOTT VACATIONS WORLDWIDE Corp	−1,750	13,000	$1,753,180
FOUR	Shift4 Payments, Inc.	−1,500	36,000	$2,728,800
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
PYPL	PayPal Holdings, Inc.	30,000	$2,278,200
—		85,000	$2,034,050
URI	United Rentals, Inc.	3,000	$1,187,280
IRDM	Iridium Communications Inc.	17,500	$1,083,775
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
ON	On Semiconductor Corp	17,500	$1,091,475
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

23 tracked positions · $79,249,097 total · filing declares 24 positions · $81,717,268 · as of Mar 31, 2023

All sectors Basic Materials Communication Services Consumer Cyclical Energy Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
FWONK	Liberty Media Corp Communication Services	Held	95,000	0	$7,108,850	+25.2%	10	before history	8.97%
WSC	WillScot Holdings Corp Industrials	Reduced	140,000	-31,500	$6,563,200	−15.3%	9	$28.85	8.28%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	39,750	-93,000	$5,757,390	−69.0%	10	before history	7.26%
MSFT	Microsoft Corp Technology	Reduced	19,000	-3,750	$5,477,700	+0.4%	6	$318.47	6.91%
MA	Mastercard Inc Financial Services	Held	15,000	0	$5,451,150	+4.5%	7	$357.58	6.88%
APG	APi Group Corp Industrials	Held	200,000	0	$4,496,010	+19.5%	10	before history	5.67%
LMT	Lockheed Martin Corp Industrials	Added	8,500	+500	$4,018,205	+3.2%	5	$416.67	5.07%
GOOGL	Alphabet Inc. Communication Services	Added	38,000	+500	$3,941,740	+19.1%	5	$129.67	4.97%
HWM	Howmet Aerospace Inc. Industrials	Reduced	90,000	-50,000	$3,813,300	−30.9%	10	before history	4.81%
SPGI	S&P Global Inc. Financial Services	Added	10,500	+500	$3,620,085	+8.1%	7	unpriced	4.57%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	33,500	-80,000	$3,460,215	−63.7%	10	before history	4.37%
LAD	Lithia Motors Inc Consumer Cyclical	Held	12,250	0	$2,804,392	+11.8%	10	before history	3.54%
ALB	Albemarle Corp Basic Materials	Held	12,500	0	$2,763,000	+1.9%	9	$169.54	3.49%
LNG	Cheniere Energy, Inc. Energy	Reduced	17,500	-5,500	$2,758,000	−20.0%	5	$127.83	3.48%
FOUR	Shift4 Payments, Inc. Technology	Reduced	36,000	-1,500	$2,728,800	+30.1%	10	before history	3.44%
HD	Home Depot, Inc. Consumer Cyclical	Held	8,500	0	$2,508,520	−6.6%	6	$376.22	3.17%
PYPL	PayPal Holdings, Inc. Financial Services	NEW	30,000	NEW	$2,278,200	NEW	1	$77.02	2.87%
		NEW	85,000	NEW	$2,034,050	NEW	1	unpriced	2.57%
CHTR	Charter Communications, Inc. Communication Services	Reduced	5,500	-1,350	$1,966,855	−15.3%	10	before history	2.48%
VAC	MARRIOTT VACATIONS WORLDWIDE Corp Consumer Cyclical	Reduced	13,000	-1,750	$1,753,180	−11.7%	9	$159.91	2.21%
VLO	Valero Energy Corp Energy	Added	12,000	+1,500	$1,675,200	+25.8%	3	$114.37	2.11%
URI	United Rentals, Inc. Industrials	NEW	3,000	NEW	$1,187,280	NEW	1	$420.03	1.50%
IRDM	Iridium Communications Inc. Communication Services	NEW	17,500	NEW	$1,083,775	NEW	1	$59.85	1.37%

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.