Soapstone Management L.P. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Soapstone Management L.P. disclosed 13 US equity positions worth $135.7m in its Q4 2025 13F filing. The largest position was AGI at 19.8% of the reported book, followed by CSTM and PSA. Against the Q3 2025 filing, it opened 2 new positions, added to 1 and reduced 6 among the top 13 holdings.
What did Soapstone Management L.P. own in Q4 2025? Top 13 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | AGI ALAMOS GOLD INC NEW | Basic Materials | 19.8% | $26.8m | 695,285 | 124% | added |
| 2 | CSTM CONSTELLIUM SE | Basic Materials | 18.8% | $25.4m | 1,350,000 | -19% | reduced |
| 3 | PSA PUBLIC STORAGE OPER CO | Real Estate | 14.3% | $19.5m | 75,000 | 0% | held |
| 4 | CFG CITIZENS FINL GROUP INC | Financial Services | 9.7% | $13.1m | 225,000 | -47% | reduced |
| 5 | MTN VAIL RESORTS INC | Consumer Cyclical | 7.8% | $10.6m | 80,000 | -4% | reduced |
| 6 | BALL BALL CORP | Consumer Cyclical | 7.8% | $10.6m | 200,000 | – | new |
| 7 | AWK AMERICAN WTR WKS CO INC NEW | Utilities | 7.2% | $9.8m | 75,000 | -48% | reduced |
| 8 | AMZN AMAZON COM INC | Consumer Cyclical | 7.0% | $9.5m | 41,250 | -39% | reduced |
| 9 | OLN OLIN CORP | Basic Materials | 2.3% | $3.1m | 150,000 | 0% | held |
| 10 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 1.9% | $2.5m | 15,000 | -50% | reduced |
| 11 | KNF KNIFE RIVER CORP | Basic Materials | 1.8% | $2.4m | 34,071 | – | new |
| 12 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 1.1% | $1.5m | 15,000 | 0% | held |
| 13 | NEOG NEOGEN CORP | Healthcare | 0.5% | $699.0k | 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.