Hill City Capital, LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Hill City Capital, LP disclosed 19 US equity positions worth $1.9bn in its Q2 2025 13F filing. The largest position was MTZ at 19.8% of the reported book, followed by FSLR and DY. Against the Q1 2025 filing, it opened 2 new positions, added to 6 and reduced 2 among the top 19 holdings.
What did Hill City Capital, LP own in Q2 2025? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | MTZ MASTEC INC | Industrials | 19.8% | $367.3m | 2,155,000 | 0% | held |
| 2 | FSLR FIRST SOLAR INC | Technology | 19.2% | $355.9m | 2,150,000 | 59% | added |
| 3 | DY DYCOM INDS INC | Industrials | 13.3% | $246.8m | 1,009,784 | 4% | added |
| 4 | S9Q SPIRIT AEROSYSTEMS HLDGS INC | 8.1% | $150.7m | 3,949,299 | -34% | reduced | |
| 5 | GVA GRANITE CONSTR INC | Industrials | 5.6% | $103.8m | 1,110,548 | 5% | added |
| 6 | CRH CRH PLC | Basic Materials | 5.4% | $100.7m | 1,097,000 | 0% | held |
| 7 | IP INTERNATIONAL PAPER CO | Consumer Cyclical | 4.9% | $90.4m | 1,930,000 | 7% | added |
| 8 | ARRY ARRAY TECHNOLOGIES INC | Technology | 4.5% | $84.2m | 14,265,335 | 0% | held |
| 9 | CTRI CENTURI HOLDINGS INC | Utilities | 3.7% | $68.0m | 3,030,000 | – | new |
| 10 | MMM 3M CO | Industrials | 3.0% | $56.3m | 370,000 | 0% | held |
| 11 | CNM CORE & MAIN INC | Industrials | 2.5% | $46.7m | 774,200 | 0% | held |
| 12 | ATS ATS CORP | 2.1% | $39.0m | 1,224,857 | -6% | reduced | |
| 13 | ENS ENERSYS | Industrials | 2.1% | $38.4m | 447,500 | 41% | added |
| 14 | CX CEMEX SAB DE CV | Basic Materials | 1.6% | $29.5m | 4,252,500 | – | new |
| 15 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 1.5% | $28.0m | 240,000 | 0% | held |
| 16 | SABR SABRE CORP | Technology | 0.8% | $14.7m | 4,667,000 | 0% | held |
| 17 | TFII TFI INTERNATIONAL INC | Industrials | 0.7% | $13.0m | 145,000 | 0% | held |
| 18 | WEX WEX INC | Technology | 0.7% | $12.5m | 85,000 | 0% | held |
| 19 | SITE SITEONE LANDSCAPE SUPPLY INC | Industrials | 0.7% | $12.1m | 100,250 | 137% | added |
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.