Latest KETTLE HILL CAPITAL MANAGEMENT, LLC Stock Portfolio

$399Million– No. of Holdings #45

KETTLE HILL CAPITAL MANAGEMENT, LLC Performance:

2026 Q1: -1.08%YTD: -1.08%2025: 1.99%

Performance for 2026 Q1 is -1.08%, and YTD is -1.08%, and 2025 is 1.99%.

About KETTLE HILL CAPITAL MANAGEMENT, LLC and 13F Hedge Fund Stock Holdings

On 2026-05-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, KETTLE HILL CAPITAL MANAGEMENT, LLC reported an equity portfolio of $399.1 Millions as of 31 Mar, 2026.

The top stock holdings of KETTLE HILL CAPITAL MANAGEMENT, LLC are CHDN, MTN, RKT. The fund has invested 6.7% of it's portfolio in CHURCHILL DOWNS INC and 6.6% of portfolio in VAIL RESORTS INC.

The fund managers got completely rid off UNITY SOFTWARE INC (U), RH (RH) and BRAZE INC (BRZE) stocks. They significantly reduced their stock positions in SENTINELONE INC (S), ELASTIC N V (ESTC) and VERIZON COMMUNICATIONS INC (VZ). KETTLE HILL CAPITAL MANAGEMENT, LLC opened new stock positions in CHURCHILL DOWNS INC (CHDN), VAIL RESORTS INC (MTN) and NXP SEMICONDUCTORS N V (NXPI). The fund showed a lot of confidence in some stocks as they added substantially to AMAZON COM INC (AMZN), FRANKLIN RESOURCES INC (BEN) and ROCKET COS INC (RKT).

KETTLE HILL CAPITAL MANAGEMENT, LLC Equity Portfolio Value

Last Reported on: 15 May, 2026

KETTLE HILL CAPITAL MANAGEMENT, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that KETTLE HILL CAPITAL MANAGEMENT, LLC made a return of -1.08% in the last quarter. In trailing 12 months, it's portfolio return was 7.05%.

Performance
S&P 500

New Buys

Ticker	$ Bought
churchill downs inc	26,646,500
vail resorts inc	26,519,500
nxp semiconductors n v	20,065,000
crown castle inc	12,161,500
globalfoundries inc	11,232,700
lululemon athletica inc	11,045,600
zions bancorporation natl as	10,994,100
toll brothers inc	10,947,900

New stocks bought by KETTLE HILL CAPITAL MANAGEMENT, LLC

Additions

Ticker	% Inc.
amazon com inc	534
franklin resources inc	139
rocket cos inc	110
international flavors&fragra	79.68
primo brands corporation	57.59
golar lng ltd	2.77

Additions to existing portfolio by KETTLE HILL CAPITAL MANAGEMENT, LLC

Reductions

Ticker	% Reduced
sentinelone inc	-90.13
elastic n v	-88.75
verizon communications inc	-81.39
commercial metals co	-78.66
kinder morgan inc del	-60.5
wynn resorts ltd	-51.47
jpmorgan chase & co	-48.42
penn entertainment inc	-36.08

KETTLE HILL CAPITAL MANAGEMENT, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
braze inc	-25,639,100
unity software inc	-29,064,100
lkq corp	-11,653,500
parsons corp del	-16,235,700
confluent inc	-7,537,920
telephone & data sys inc	-9,702,040
rh	-28,865,000
southwest airls co	-5,794,800

KETTLE HILL CAPITAL MANAGEMENT, LLC got rid off the above stocks

Sector Distribution

KETTLE HILL CAPITAL MANAGEMENT, LLC has about 31.7% of it's holdings in Consumer Cyclical sector.

Consumer Cyclical
Financial Services
Others
Real Estate
Technology
Basic Materials
Energy
Industrials
Communication Services

Sector	%
Consumer Cyclical	31.7
Financial Services	20.3
Others	13.4
Real Estate	11.6
Technology	10.3
Basic Materials	7.3
Energy	2.1
Industrials	1.8
Communication Services	1.3

Market Cap. Distribution

KETTLE HILL CAPITAL MANAGEMENT, LLC has about 48.4% of it's portfolio invested in the large-cap and mega-cap stocks.

LARGE-CAP
MID-CAP
UNALLOCATED
SMALL-CAP
MEGA-CAP

Category	%
LARGE-CAP	44.5
MID-CAP	31.9
UNALLOCATED	13.4
SMALL-CAP	6.2
MEGA-CAP	3.9

Stocks belong to which Index?

About 50.2% of the stocks held by KETTLE HILL CAPITAL MANAGEMENT, LLC either belong to S&P 500 or RUSSELL 2000 index.

Others
S&P 500
RUSSELL 2000

Index	%
Others	49.7
S&P 500	43.4
RUSSELL 2000	6.8

Top 5 Winners (%)		%
GLNG	golar lng ltd	44.5 %
KMI	kinder morgan inc del	15.3 %
VZ	verizon communications inc	13.8 %
	primo brands corporation	12.1 %
PEB	pebblebrook hotel tr	10.1 %

Top 5 Winners ($)		$
VZ	verizon communications inc	3.2 M
GLNG	golar lng ltd	2.7 M
KMI	kinder morgan inc del	2.7 M
	primo brands corporation	1.2 M
IFF	international flavors&fragra	1.0 M

Top 5 Losers (%)		%
RKT	rocket cos inc	-20.9 %
ESTC	elastic n v	-18.8 %
WYNN	wynn resorts ltd	-11.6 %
S	sentinelone inc	-7.8 %
CMC	commercial metals co	-6.8 %

Top 5 Losers ($)		$
RKT	rocket cos inc	-5.9 M
ESTC	elastic n v	-5.6 M
WYNN	wynn resorts ltd	-3.0 M
S	sentinelone inc	-2.0 M
JPM	jpmorgan chase & co	-0.8 M

KETTLE HILL CAPITAL MANAGEMENT, LLC Holdings Map

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

Current Stock Holdings of KETTLE HILL CAPITAL MANAGEMENT, LLC

KETTLE HILL CAPITAL MANAGEMENT, LLC has 45 stocks in it's portfolio. About 48.6% of the portfolio is in top 10 stocks. RKT proved to be the most loss making stock for the portfolio. VZ was the most profitable stock for KETTLE HILL CAPITAL MANAGEMENT, LLC last quarter.

Last Reported on: 15 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAON	aaon inc	0.00	0.00	0.00	sold off	-100

ADI	analog devices inc	1.39	17,433	5,546,140	new

AKAM	akamai technologies inc	0.00	0.00	0.00	sold off	-100

ALGM	allegro microsystems inc	1.43	181,531	5,723,670	new

ALK	alaska air group inc	0.55	59,553	2,190,360	new

AMR	alpha metallurgical resour i	0.00	0.00	0.00	sold off	-100

AMT	american tower corp	0.78	17,923	3,093,150	new

AMZN	amazon com inc	1.19	22,877	4,764,590	added	534

AVTR	avantor inc	2.22	1,128,540	8,847,730	new

BEN	franklin resources inc	5.52	933,204	22,042,300	added	139

BRZE	braze inc	0.00	0.00	0.00	sold off	-100

CCI	crown castle inc	3.05	149,569	12,161,500	new

CCL	carnival corp	1.43	221,099	5,722,040	new

CFLT	confluent inc	0.00	0.00	0.00	sold off	-100

CHDN	churchill downs inc	6.68	296,633	26,646,500	new

CHK	expand energy corporation	0.00	0.00	0.00	sold off	-100

CMC	commercial metals co	0.54	35,317	2,169,520	reduced	-78.66

CPRI	capri holdings limited	0.00	0.00	0.00	sold off	-100

ENPH	enphase energy inc	0.00	0.00	0.00	sold off	-100

EQT	eqt corp	0.00	0.00	0.00	sold off	-100