Latest Northern Right Capital Management, L.P. Stock Portfolio

Northern Right Capital Management, L.P. Performance:

2025 Q4: 6.85%YTD: 19%2024: 19.2%

Performance for 2025 Q4 is 6.85%, and YTD is 19%, and 2024 is 19.2%.

About Northern Right Capital Management, L.P. and 13F Hedge Fund Stock Holdings

Northern Right Capital Management, L.P. is a hedge fund based in Darien, CT. On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Northern Right Capital Management, L.P. reported an equity portfolio of $380.9 Millions as of 31 Dec, 2025.

The top stock holdings of Northern Right Capital Management, L.P. are NWS, SATS, . The fund has invested 8.2% of it's portfolio in NEWS CORP NEW and 7.4% of portfolio in ECHOSTAR CORP.

The fund managers got completely rid off PINTEREST INC (PINS), NORWEGIAN CRUISE LINE HLDG L (NCLH) and VERTIV HOLDINGS CO (VRT) stocks. They significantly reduced their stock positions in APOLLO GLOBAL MGMT INC, MPLX LP (MPLX) and MADISON SQUARE GARDEN ENTMT (MSGE). Northern Right Capital Management, L.P. opened new stock positions in FTAI AVIATION LTD (FTAI), STRATA CRITICAL MEDICAL INC (BLDE) and FLUTTER ENTMT PLC. The fund showed a lot of confidence in some stocks as they added substantially to BROOKFIELD RENEWABLE PARTNER (BEP), ECHOSTAR CORP (SATS) and CENTURI HOLDINGS INC.

Northern Right Capital Management, L.P. Annual Return Estimates Vs S&P 500

Our best estimate is that Northern Right Capital Management, L.P. made a return of 6.85% in the last quarter. In trailing 12 months, it's portfolio return was 19%.

Performance
S&P 500

New Buys

Ticker	$ Bought
ftai aviation ltd	22,440,900
strata critical medical inc	13,800,000
flutter entmt plc	8,312,160
apartment invt & mgmt co	2,156,470
lionsgate studios corp	1,198,090
soundthinking inc	740,848

New stocks bought by Northern Right Capital Management, L.P.

Additions

Ticker	% Inc.
brookfield renewable partner	111
echostar corp	78.08
centuri holdings inc	73.74
fox corp	64.87
ares management corporation	46.47
smartrent inc	31.23
digitalbridge group inc	26.97
tko group holdings inc	25.53

Additions to existing portfolio by Northern Right Capital Management, L.P.

Reductions

Ticker	% Reduced
apollo global mgmt inc	-29.06
mplx lp	-26.00
madison square garden entmt	-23.02
hut 8 corp	-11.93
energy transfer l p	-8.33

Northern Right Capital Management, L.P. reduced stake in above stock

Sold off

Ticker	$ Sold
norwegian cruise line hldg l	-19,476,400
pinterest inc	-21,267,500
vertiv holdings co	-8,853,070

Northern Right Capital Management, L.P. got rid off the above stocks

Sector Distribution

Northern Right Capital Management, L.P. has about 34.1% of it's holdings in Others sector.

Sector	%
Others	34.1
Communication Services	15.7
Real Estate	12.9
Technology	11.7
Financial Services	9.6
Industrials	9.5
Consumer Cyclical	5.2
Energy	1.4

Market Cap. Distribution

Northern Right Capital Management, L.P. has about 28.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	34.1
LARGE-CAP	28.2
MID-CAP	17.5
NANO-CAP	7.4
MICRO-CAP	6.8
SMALL-CAP	6

Stocks belong to which Index?

About 47.5% of the stocks held by Northern Right Capital Management, L.P. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	52.6
RUSSELL 2000	31.8
S&P 500	15.7

Top 5 Winners (%)		%
DUOT	duos technologies group inc	52.9 %
SMRT	smartrent inc	36.3 %
SATS	echostar corp	30.3 %
	hut 8 corp	30.1 %
DBRG	digitalbridge group inc	26.9 %

Top 5 Winners ($)		$
	hut 8 corp	7.2 M
SATS	echostar corp	6.5 M
DBRG	digitalbridge group inc	5.7 M
MSGE	madison square garden entmt	3.6 M
DUOT	duos technologies group inc	3.0 M

Top 5 Losers (%)		%
GECC	great elm cap corp	-29.7 %
NWS	news corp new	-14.8 %
NWS	news corp new	-14.2 %
RITM	rithm capital corp	-4.2 %
ET	energy transfer l p	-3.7 %

Top 5 Losers ($)		$
NWS	news corp new	-5.4 M
GECC	great elm cap corp	-2.4 M
RITM	rithm capital corp	-0.9 M
	howard hughes holdings inc	-0.8 M
NWS	news corp new	-0.7 M

Northern Right Capital Management, L.P. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Northern Right Capital Management, L.P.

Northern Right Capital Management, L.P. has 27 stocks in it's portfolio. About 66.7% of the portfolio is in top 10 stocks. NWS proved to be the most loss making stock for the portfolio. was the most profitable stock for Northern Right Capital Management, L.P. last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AIV	apartment invt & mgmt co	0.57	363,042	2,156,470	new

ARES	ares management corporation	5.23	123,338	19,935,100	added	46.47

BEP	brookfield renewable partner	1.15	162,398	4,379,870	added	111

BLDE	strata critical medical inc	3.62	2,869,010	13,800,000	new

DBRG	digitalbridge group inc	7.08	1,756,870	26,950,400	added	26.97

DUOT	duos technologies group inc	2.30	777,626	8,748,290	unchanged	0.00

ET	energy transfer l p	0.92	212,512	3,504,320	reduced	-8.33

FOX	fox corp	6.39	374,629	24,324,700	added	64.87

FTAI	ftai aviation ltd	5.89	114,000	22,440,900	new

GECC	great elm cap corp	1.48	798,471	5,625,230	unchanged	0.00

GEG	great elm group inc	2.84	4,243,170	10,820,100	unchanged	0.00

MPLX	mplx lp	0.49	35,038	1,869,980	reduced	-26.00

MSGE	madison square garden entmt	5.18	366,377	19,744,100	reduced	-23.02

NCLH	norwegian cruise line hldg l	0.00	0.00	0.00	sold off	-100

NWS	news corp new	8.20	1,196,070	31,241,200	added	2.46

NWS	news corp new	1.09	140,459	4,161,800	unchanged	0.00

PINS	pinterest inc	0.00	0.00	0.00	sold off	-100

RITM	rithm capital corp	5.21	1,821,860	19,858,300	added	7.29

SATS	echostar corp	7.37	258,223	28,068,800	added	78.08

SMRT	smartrent inc	1.84	3,479,460	7,028,510	added	31.23