SEC 13F Intelligence

Managers / Q1 2022 · view latest →

HIGHLINE CAPITAL MANAGEMENT, L.P.

CIK 0001166850 · 10 EAST 53RD STREET, 11TH FLOOR, NEW YORK, NY, 10022 · 2123322250

Reported Value
$82M
Q1 2022
Positions
12
Filings on Record
16
2019–present window
Filed
May 16, 2022
original filing

Summary

Highline Capital Management, L.P. reported $82M in U.S.-listed holdings across 12 positions for Q1 2022.

Its largest position, ASTL, represents 19.5% of the portfolio.

Compared with Q4 2021, the fund opened 1 new position and exited 3.

Portfolio Metrics

Turnover
+8.4%
vs prior filed quarter
Top-10 Concentration
+98.1%
share of reported value
Largest Position
+19.5%
Algoma Stl
New / Exited
1 / 3
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q1 ’19: $1.6BQ1 ’19Q2 ’19: $1.4BQ3 ’19: $685MQ3 ’19Q4 ’19: $631MQ1 ’20: $411MQ1 ’20Q2 ’20: $123MQ3 ’20: $100MQ3 ’20Q4 ’20: $204MQ1 ’21: $147MQ1 ’21Q2 ’21: $120MQ3 ’21: $118MQ3 ’21Q4 ’21: $114MQ1 ’22: $82MQ1 ’22Q2 ’22: $58MQ3 ’22: $54MQ3 ’22Q4 ’22: $0filingsflow.com

Portfolio Composition

By security type
Common Stock: 81.7%Other: 12.6%NY Reg Shrs: 4.1%Equity WRT: 1.6%
  • Common Stock · 81.7% · $67M
  • Other · 12.6% · $10M
  • NY Reg Shrs · 4.1% · $3M
  • Equity WRT · 1.6% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MTARCELORMITTAL SA LUXEMBOURGNEW+104.6K104.6K+$3M$3M
MTORMERITOR INCSOLD OUT−389.6K0−$10M$0
ARQIT QUANTUM INCSOLD OUT−254.6K0−$6M$0
CONCORD ACQUISITION CORPSOLD OUT−352.0K0−$4M$0
CFCF INDS HLDGS INCTRIMMED−99.7K64.0K−$5M$7M
STLDSTEEL DYNAMICS INCTRIMMED−87.0K87.0K−$4M$7M
MARKETWISE INCTRIMMED−281.4K1.06M−$5M$5M
ASTLALGOMA STL GROUP INCADDED+218.7K1.31M+$3M$15M

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

Holdings — Q1 2022

11 positions (from 12 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ASTLALGOMA STL GROUP INCCOM · *W EXP 10/19/20219.50%$16M1.71M
2AMZNAMAZON COM INChistory →COM16.14%$13M4.1K
3EXPEEXPEDIA GROUP INChistory →COM NEW15.00%$12M63.1K
4UNHUNITEDHEALTH GROUP INChistory →COM9.92%$8M16.0K
5STLDSTEEL DYNAMICS INChistory →COM8.81%$7M87.0K
6CFCF INDS HLDGS INChistory →COM8.01%$7M64.0K
7MARKETWISE INCCOM CL A6.08%$5M1.06M
8AVTRAVANTOR INChistory →COM5.92%$5M144.1K
9PASSAGE BIO INCCOM4.65%$4M1.24M
10MTARCELORMITTAL SA LUXEMBOURGhistory →NY REGISTRY SH4.07%$3M104.6K
11ATAI LIFE SCIENCES NVSHS1.91%$2M309.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2022$01Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$54M15Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$58M13Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$82M12May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$114M15Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$118M14Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$120M15Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$147M16May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$204M25Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$100M18Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$123M19Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$411M25May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$631M22Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$685M25Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.4B32Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.6B35May 15, 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 ↗.