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Hill City Capital, LP 13F holdings, Q1 2025

Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →

Hill City Capital, LP disclosed 17 US equity positions worth $1.3bn in its Q1 2025 13F filing. The largest position was MTZ at 18.6% of the reported book, followed by S9Q and FSLR. Against the Q4 2024 filing, it opened 2 new positions, added to 6 and reduced 1 among the top 17 holdings.

← Q4 2024 · Q2 2025 →

What did Hill City Capital, LP own in Q1 2025? Top 17 positions

#StockSectorWeightValueSharesΔ sharesvs Q4 2024
1 MTZ MASTEC INC Industrials 18.6%$250.3m2,145,000 1% added
2 S9Q SPIRIT AEROSYSTEMS HLDGS INC 15.3%$205.9m5,975,000 0% held
3 FSLR FIRST SOLAR INC Technology 12.8%$171.3m1,355,000 59% added
4 DY DYCOM INDS INC Industrials 11.0%$147.7m969,784 14% added
5 CRH CRH PLC Basic Materials 7.2%$96.5m1,097,000 0% held
6 IP INTERNATIONAL PAPER CO Consumer Cyclical 7.1%$96.0m1,800,000 16% added
7 GVA GRANITE CONSTR INC Industrials 6.0%$79.9m1,060,048 1% added
8 ARRY ARRAY TECHNOLOGIES INC Technology 5.2%$69.5m14,265,335 0% held
9 MMM 3M CO Industrials 4.0%$54.3m370,000 0% held
10 CNM CORE & MAIN INC Industrials 2.8%$37.4m774,200 0% held
11 ATS ATS CORP 2.4%$32.4m1,299,857 – new
12 BLDR BUILDERS FIRSTSOURCE INC Industrials 2.2%$30.0m240,000 0% held
13 ENS ENERSYS Industrials 2.2%$29.1m317,500 14% added
14 WEX WEX INC Technology 1.0%$13.3m85,000 0% held
15 SABR SABRE CORP Technology 1.0%$13.1m4,667,000 -29% reduced
16 TFII TFI INTERNATIONAL INC Industrials 0.8%$11.2m145,000 0% held
17 SITE SITEONE LANDSCAPE SUPPLY INC Industrials 0.4%$5.1m42,250 – new

Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.