Soapstone Management L.P. 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Soapstone Management L.P. disclosed 13 US equity positions worth $147.3m in its Q3 2025 13F filing. The largest position was CSTM at 16.9% of the reported book, followed by CFG and PSA. Against the Q2 2025 filing, it opened 2 new positions, added to 4 and reduced 4 among the top 13 holdings.
What did Soapstone Management L.P. own in Q3 2025? Top 13 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | CSTM CONSTELLIUM SE | Basic Materials | 16.9% | $24.8m | 1,669,099 | -6% | reduced |
| 2 | CFG CITIZENS FINL GROUP INC | Financial Services | 15.3% | $22.6m | 425,000 | -26% | reduced |
| 3 | PSA PUBLIC STORAGE OPER CO | Real Estate | 14.7% | $21.7m | 75,000 | 15% | added |
| 4 | AWK AMERICAN WTR WKS CO INC NEW | Utilities | 13.7% | $20.2m | 145,030 | 26% | added |
| 5 | AMZN AMAZON COM INC | Consumer Cyclical | 10.1% | $14.8m | 67,500 | -32% | reduced |
| 6 | MTN VAIL RESORTS INC | Consumer Cyclical | 8.4% | $12.4m | 83,023 | 1% | added |
| 7 | AGI ALAMOS GOLD INC NEW | Basic Materials | 7.4% | $10.8m | 310,691 | 42% | added |
| 8 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 3.4% | $5.1m | 30,000 | -20% | reduced |
| 9 | BDX BECTON DICKINSON & CO | Healthcare | 3.0% | $4.4m | 23,500 | – | new |
| 10 | COO COOPER COS INC | Healthcare | 3.0% | $4.4m | 63,750 | – | new |
| 11 | OLN OLIN CORP | Basic Materials | 2.5% | $3.7m | 150,000 | 0% | held |
| 12 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 1.2% | $1.8m | 15,000 | 0% | held |
| 13 | NEOG NEOGEN CORP | Healthcare | 0.4% | $571.0k | 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.