SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Northern Right Capital Management, L.P.

CIK 0001346543 · 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN, CT, 06820 · (203) 951-6084

Reported Value
$276M
Q4 2020
Positions
55
Filings on Record
31
2019–present window
Filed
Feb 16, 2021
original filing

Summary

Northern Right Capital Management, L.P. reported $276M in U.S.-listed holdings across 55 positions for Q4 2020.

Its largest position, Iac Interactivecorp, represents 9.7% of the portfolio.

Compared with Q3 2020, the fund opened 32 new positions and exited 18.

Portfolio Metrics

Turnover
+37.0%
vs prior filed quarter
Top-10 Concentration
+47.6%
share of reported value
Largest Position
+9.7%
Iac Interactivecorp
New / Exited
32 / 18
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
Q4 ’18: $89MQ4 ’18Q1 ’19: $115MQ2 ’19: $113MQ3 ’19: $75MQ4 ’19: $106MQ4 ’19Q1 ’20: $69MQ2 ’20: $162MQ3 ’20: $191MQ4 ’20: $276MQ4 ’20Q1 ’21: $354MQ2 ’21: $342MQ3 ’21: $338MQ4 ’21: $330MQ4 ’21Q1 ’22: $231MQ2 ’22: $169MQ3 ’22: $189MQ4 ’22: $179MQ4 ’22Q1 ’23: $197MQ2 ’23: $248MQ3 ’23: $257MQ4 ’23: $250MQ4 ’23Q1 ’24: $278MQ2 ’24: $271MQ3 ’24: $269MQ4 ’24: $270MQ4 ’24Q1 ’25: $245MQ2 ’25: $292MQ3 ’25: $323MQ4 ’25: $381MQ4 ’25Q1 ’26: $281Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 69.7%Other: 26.7%Unit: 2.0%REIT: 1.6%
  • Common Stock · 69.7% · $193M
  • Other · 26.7% · $74M
  • Unit · 2.0% · $6M
  • REIT · 1.6% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IAC INTERACTIVECORP NEWNEW+140.9K140.9K+$27M$27M
RSIRUSH STREET INTERACTIVE INCNEW+600.0K600.0K+$13M$13M
FISVFISERV INCNEW+88.0K88.0K+$10M$10M
SVMK INCNEW+349.8K349.8K+$9M$9M
STZCONSTELLATION BRANDS INCNEW+40.0K40.0K+$9M$9M
VESPER HEALTHCARE ACQSTN CORNEW+624.5K624.5K+$7M$7M
GEGGREAT ELM GROUP INCNEW+2.40M2.40M+$7M$7M
CC NEUBERGER PRINCIPAL HLDNGNEW+450.0K450.0K+$5M$5M

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

Holdings — Q4 2020

53 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IAC INTERACTIVECORP NEWCOM9.65%$27M140.9K
2PRGXPRGX GLOBAL INChistory →COM NEW5.60%$15M2.03M
3MORNMORNINGSTAR INChistory →COM5.14%$14M61.4K
4RSIRUSH STREET INTERACTIVE INCCOM · *W EXP 02/21/2024.84%$13M650.0K
5OPTUALTICE USA INChistory →CL A4.21%$12M307.3K
6TPBTURNING PT BRANDS INChistory →COM3.83%$11M237.5K
7BYDBOYD GAMING CORPhistory →COM3.81%$11M245.6K
8FISVFISERV INChistory →COM3.63%$10M88.0K
9GLUUGLU MOBILE INChistory →COM3.49%$10M1.07M
10MGMMGM RESORTS INTERNATIONALhistory →COM3.42%$9M300.0K
11ONON SEMICONDUCTOR CORPhistory →COM3.26%$9M275.0K
12SVMK INCCOM3.23%$9M349.8K
13STZCONSTELLATION BRANDS INChistory →CL A3.17%$9M40.0K
14AESAES CORPhistory →COM3.16%$9M372.0K
15VESPER HEALTHCARE ACQSTN CORCOM CL A2.56%$7M624.5K
16ARESARES MANAGEMENT CORPORATIONhistory →CL A COM STK2.54%$7M149.0K
17QSRRESTAURANT BRANDS INTL INChistory →COM2.51%$7M113.5K
18GEGGREAT ELM GROUP INChistory →COM NEW2.50%$7M2.40M
19ENVIVA PARTNERS LPCOM UNIT2.20%$6M134.1K
20MTCHMATCH GROUP INC NEWhistory →COM1.87%$5M34.2K
21CC NEUBERGER PRINCIPAL HLDNGCOM1.76%$5M450.0K
22JAWS ACQUISITION CORPSHS · UNIT 99/99/99991.75%$5M359.7K
23GREAT ELM CAP CORPCOM1.73%$5M1.33M
24CHANGE HEALTHCARE INCCOM1.69%$5M250.0K
25COHN ROBBINS HOLDINGS CORPCOM CL A1.60%$4M424.6K
26RITMNEW RESIDENTIAL INVT CORPhistory →COM NEW1.55%$4M431.9K
27SPGIS&P GLOBAL INChistory →COM1.38%$4M11.6K
28ACTIVISION BLIZZARD INCCOM1.34%$4M40.0K
29TWCTTWC TECH HLDGS II CORPhistory →COM1.12%$3M293.1K
30ONECOM CL A1.10%$3M282.5K
31APOLLO STRATEGIC GROWTH CAPTSHS CL A1.09%$3M289.5K
32CF FINANCE ACQUISITION CORPCOM CL A0.94%$3M235.0K
33OSPREY TECHNLGY AQUISTION COCOM CL A0.86%$2M228.2K
34CHURCHILL CAPITAL CORP IVUNIT 99/99/99990.74%$2M197.2K
35FAR PEAK ACQUISITION CORPUNIT 99/99/99990.72%$2M191.1K
36DMY TECHNOLOGY GROUP INC IIUNIT 99/99/99990.68%$2M100.0K
37GO ACQUISITION CORPUNIT 08/31/20270.67%$2M175.0K
38SUPERNOVA PARTNERS ACQUISITIUNIT 99/99/99990.63%$2M150.0K
39EQUITY DISTR ACQUISITION CORCOM CL A0.52%$1M141.6K
40VECTOR ACQUISITION CORPCOM CL A0.46%$1M126.9K
41TEKKORP DIGITAL ACQUISITN COUNIT 09/29/20270.39%$1M99.5K
42TREBIA ACQUISITION CORPCOM CL A0.37%$1M95.7K
43MOTIVE CAPITAL CORPUNIT 99/99/99990.37%$1M96.2K
44H I G ACQUISITION CORPCOM CL A0.37%$1M100.0K
45DECARBONIZATION PLUS ACQU COCOM CL A0.36%$995,00093.9K
46GS ACQUISITION HLDGS CORP IIUNIT 99/99/99990.25%$698,00061.2K
47HORIZON ACQUISITION CORPORATSHS CL A0.25%$682,00066.0K
48CHPMCHP MERGER CORPCOM CL A0.19%$519,00050.6K
49FALCON CAPITAL ACQUISITN CORCOM CL A0.15%$425,00040.3K
50SARISSA CAPITAL ACQUISITN COUNIT 10/23/20270.15%$409,00038.4K
51SCVX CORPCOM0.07%$186,00018.1K
52THUNDER BRDG ACQUISTION II LCL A SHS0.06%$176,00013.3K
53ARTIUS ACQUISITION INCUNIT 99/99/99990.06%$156,00013.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$281M25May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$381M27Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$323M24Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$292M24Aug 15, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$245M23May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$270M24Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$269M27Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$271M29Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$278M30May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$250M28Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$257M27Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$248M26Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$197M21May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$179M20Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$189M24Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$169M21Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$231M31May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$330M79Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$338M87Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$342M79Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$354M87May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$276M55Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$191M41Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$162M29Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$69M20May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$106M24Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$75M16Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$113M22Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$115M19May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$89M14Feb 14, 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 ↗.