Northern Right Capital Management, L.P.

Q4 2025 13F-HR Holdings

Location
Darien, CT
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
27
Total value ($000)
$380,866
Net value change ($000)
+57,726 (17.9%)
New positions
6
Sold out positions
3
Turnover %
25.8%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
FTAI 22,441 NEW
SATS 16,997 153.5%
SRTA 13,800 NEW
FOXA 11,307 86.9%
DBRG 10,760 66.5%
FLUT 8,312 NEW
CTRI 7,290 107.2%
ARES 6,471 48.1%
TKO 6,175 29.9%
HUT 3,869 16.2%
Top Reduces (Value $000, Stocks/ETFs)
PINS -21,267 -100.0%
NCLH -19,476 -100.0%
VRT -8,853 -100.0%
APO -5,693 -22.9%
NWSA -4,609 -12.9%
GECC -2,376 -29.7%
MSGE -1,788 -8.3%
NWSA -691 -14.2%
MPLX -495 -20.9%
ET -474 -11.9%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type