SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Carlson Capital, L.P.

CIK 0001056973 · 2100 MCKINNEY AVE, STE 1900, DALLAS, TX, 75201 · 2149329600

Reported Value
$1.1B
Q1 2023
Positions
110
Filings on Record
31
2019–present window
Filed
May 12, 2023
original filing

Summary

Carlson Capital, L.P. reported $1.1B in U.S.-listed holdings across 110 positions for Q1 2023.

Its largest position, SWKH, represents 15.3% of the portfolio.

Compared with Q4 2022, the fund opened 37 new positions and exited 43.

Portfolio Metrics

Turnover
+25.7%
vs prior filed quarter
Top-10 Concentration
+48.7%
share of reported value
Largest Position
+15.3%
Swk
New / Exited
37 / 43
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $6.5BQ4 ’18Q1 ’19: $5.6BQ2 ’19: $6.6BQ3 ’19: $5.5BQ4 ’19: $5.5BQ4 ’19Q1 ’20: $3.8BQ2 ’20: $3.6BQ3 ’20: $6.8BQ4 ’20: $2.8BQ4 ’20Q1 ’21: $2.7BQ2 ’21: $2.1BQ3 ’21: $1.9BQ4 ’21: $1.7BQ4 ’21Q1 ’22: $1.5BQ2 ’22: $1.5BQ3 ’22: $1.3BQ4 ’22: $1.3BQ4 ’22Q1 ’23: $1.1BQ2 ’23: $1.2BQ3 ’23: $1.3BQ4 ’23: $1.3BQ4 ’23Q1 ’24: $1.2BQ2 ’24: $641MQ3 ’24: $166MQ4 ’24: $170MQ4 ’24Q1 ’25: $256MQ2 ’25: $242MQ3 ’25: $271MQ4 ’25: $282MQ4 ’25Q1 ’26: $318Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 78.4%Other: 16.8%REIT: 1.9%ETP: 1.7%Tracking Stk: 1.1%Other: 0.1%
  • Common Stock · 78.4% · $835M
  • Other · 16.8% · $179M
  • REIT · 1.9% · $20M
  • ETP · 1.7% · $18M
  • Tracking Stk · 1.1% · $11M
  • Other · 0.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ARGO GROUP INTL HLDGS LTDNEW+800.0K800.0K+$23M$23M
AQUAUSDEVOQUA WATER TECHNOLOGIES CONEW+455.0K455.0K+$23M$23M
DIVERSEY HLDGS LTDNEW+1.66M1.66M+$13M$13M
LIFE STORAGE INCNEW+80.0K80.0K+$10M$10M
PBPROSPERITY BANCSHARES INCNEW+168.9K168.9K+$10M$10M
NTRSNORTHERN TR CORPNEW+107.7K107.7K+$9M$9M
7S3U S XPRESS ENTERPRISES INCNEW+1.20M1.20M+$7M$7M
LENLENNAR CORPNEW+57.3K57.3K+$6M$6M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SWKHSWK HLDGS CORPhistory →COM NEW15.26%$162M9.09M
2HORIZON THERAPEUTICS PUB LSHS8.47%$90M826.0K
3BKIEURBLACK KNIGHT INChistory →COM6.09%$65M1.13M
4FT2FIRST HORIZON CORPORATIONhistory →COM3.62%$38M2.17M
5AJRDEURAEROJET ROCKETDYNE HLDGS INChistory →COM3.51%$37M665.0K
6TOWER SEMICONDUCTOR LTDSHS NEW2.67%$28M669.1K
7WFCWELLS FARGO CO NEWhistory →COM2.56%$27M728.4K
8ARGO GROUP INTL HLDGS LTDCOM2.20%$23M800.0K
9DFSEURDISCOVER FINL SVCShistory →COM2.17%$23M233.7K
10AQUAUSDEVOQUA WATER TECHNOLOGIES COhistory →COM2.13%$23M455.0K
11GLT1EURGLATFELTER CORPORATIONhistory →COM1.77%$19M5.92M
12ATVIEURACTIVISION BLIZZARD INChistory →COM1.61%$17M200.0K
13BLKBBLACKBAUD INChistory →COM1.37%$15M210.0K
14FITBFIFTH THIRD BANCORPhistory →COM1.35%$14M540.4K
15ARMKARAMARKhistory →COM1.26%$13M375.1K
16DIVERSEY HLDGS LTDORD SHS1.26%$13M1.66M
17ORLYOREILLY AUTOMOTIVE INChistory →COM1.10%$12M13.7K
18TOLTOLL BROTHERS INChistory →COM1.08%$11M191.3K
19CNRCANADIAN NATL RY COhistory →COM1.04%$11M94.1K
20K6BKBR INChistory →COM1.04%$11M200.9K
21ISHARES TRTIPS BD ETF1.04%$11M100.0K
22LIFE STORAGE INCCOM0.99%$10M80.0K
23HEI/AHEICO CORP NEWhistory →CL A0.98%$10M77.1K
24MHOM/I HOMES INChistory →COM0.98%$10M165.1K
25PBPROSPERITY BANCSHARES INChistory →COM0.98%$10M168.9K
26LOWLOWES COS INChistory →COM0.97%$10M51.6K
27FORFORESTAR GROUP INChistory →COM0.94%$10M644.5K
28NTRSNORTHERN TR CORPCOM0.89%$9M107.7K
29LIBERTY MEDIA CORP DELCOM A SIRIUSXM0.88%$9M333.1K
30ALSNALLISON TRANSMISSION HLDGS ICOM0.86%$9M202.4K
31LBRDKLIBERTY BROADBAND CORPCOM SER C0.81%$9M105.5K
32AXALTA COATING SYS LTDCOM0.81%$9M283.0K
33CNNECANNAE HLDGS INCCOM0.79%$8M416.0K
34UNPUNION PAC CORPCOM0.74%$8M39.3K
35CSXCSX CORPCOM0.70%$7M249.0K
36JBHTHUNT J B TRANS SVCS INCCOM0.70%$7M42.2K
377S3U S XPRESS ENTERPRISES INCCOM CL A0.67%$7M1.20M
38FISFIDELITY NATL INFORMATION SVCOM0.67%$7M130.5K
39GWWGRAINGER W W INCCOM0.65%$7M10.0K
40KBHKB HOMECOM0.61%$6M160.6K
41BRBRBELLRING BRANDS INCCOMMON STOCK0.59%$6M186.0K
42LENLENNAR CORPCL A0.57%$6M57.3K
43CHVCHEVRON CORP NEWCOM0.56%$6M36.7K
44WWDWOODWARD INCCOM0.55%$6M60.3K
45NUVAGBPNUVASIVE INCCOM0.54%$6M140.0K
46GFFGRIFFON CORPCOM0.53%$6M177.5K
47HLTHILTON WORLDWIDE HLDGS INCCOM0.53%$6M40.1K
48POOLPOOL CORPCOM0.52%$6M16.1K
49PKGPACKAGING CORP AMERCOM0.51%$5M38.8K
50HRIHERC HLDGS INCCOM0.50%$5M46.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$318M72May 28, 202613F-HRchanges · EDGAR ↗
Q4 2025$282M70Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$271M63Nov 5, 202513F-HRchanges · EDGAR ↗
Q2 2025$242M65Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$256M40May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$170M33Feb 5, 202513F-HRchanges · EDGAR ↗
Q3 2024$166M4Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$641M93Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.2B114May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.3B121Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.3B134Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.2B118Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.1B110May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.3B117Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.3B120Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.5B124Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.5B151May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.7B144Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.9B161Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.1B152Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.7B169May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.8B152Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020REVEALED$6.8B341Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.6B162Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$3.8B210May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$5.5B240Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$5.5B224Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$6.6B250Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$5.6B242May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$6.5B266Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.