Soapstone Management L.P. 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Soapstone Management L.P. disclosed 15 US equity positions worth $150.7m in its Q2 2025 13F filing. The largest position was CFG at 17.1% of the reported book, followed by CSTM and AMZN. Against the Q1 2025 filing, it opened 4 new positions, added to 4 and reduced 2 among the top 15 holdings.
What did Soapstone Management L.P. own in Q2 2025? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | CFG CITIZENS FINL GROUP INC | Financial Services | 17.1% | $25.7m | 575,000 | 92% | added |
| 2 | CSTM CONSTELLIUM SE | Basic Materials | 15.7% | $23.6m | 1,776,559 | 13% | added |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 14.6% | $21.9m | 100,000 | 0% | held |
| 4 | PSA PUBLIC STORAGE OPER CO | Real Estate | 12.7% | $19.1m | 65,000 | 21% | added |
| 5 | AWK AMERICAN WTR WKS CO INC NEW | Utilities | 10.6% | $15.9m | 114,650 | -8% | reduced |
| 6 | MTN VAIL RESORTS INC | Consumer Cyclical | 8.6% | $13.0m | 82,500 | 2% | added |
| 7 | SAIA SAIA INC | Industrials | 4.3% | $6.5m | 23,750 | – | new |
| 8 | LDOS LEIDOS HOLDINGS INC | Technology | 3.9% | $5.9m | 37,500 | 0% | held |
| 9 | AGI ALAMOS GOLD INC NEW | Basic Materials | 3.9% | $5.8m | 219,423 | – | new |
| 10 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 3.0% | $4.5m | 37,500 | -6% | reduced |
| 11 | OLN OLIN CORP | Basic Materials | 2.0% | $3.0m | 150,000 | 0% | held |
| 12 | UNH UNITEDHEALTH GROUP INC | Healthcare | 1.8% | $2.7m | 8,500 | – | new |
| 13 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 1.2% | $1.8m | 15,000 | 0% | held |
| 14 | IQV IQVIA HLDGS INC | Healthcare | 0.5% | $788.0k | 5,000 | – | new |
| 15 | NEOG NEOGEN CORP | Healthcare | 0.3% | $478.0k | 100,000 | 0% | held |
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.