SEC 13F Intelligence

Managers / Q1 2021 · 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
$354M
Q1 2021
Positions
87
Filings on Record
31
2019–present window
Filed
May 17, 2021
original filing

Summary

Northern Right Capital Management, L.P. reported $354M in U.S.-listed holdings across 87 positions for Q1 2021.

Its largest position, Iac Interactivecorp, represents 7.4% of the portfolio.

Compared with Q4 2020, the fund opened 62 new positions and exited 30.

Portfolio Metrics

Turnover
+42.8%
vs prior filed quarter
Top-10 Concentration
+41.4%
share of reported value
Largest Position
+7.4%
Iac Interactivecorp
New / Exited
62 / 30
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: $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: 58.3%Other: 39.3%ETP: 1.9%Unit: 0.4%
  • Common Stock · 58.3% · $206M
  • Other · 39.3% · $139M
  • ETP · 1.9% · $7M
  • Unit · 0.4% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NORTHERN STAR INVSTMNT CORPNEW+1.62M1.62M+$16M$16M
NWSNEWS CORP NEWNEW+640.5K640.5K+$15M$15M
APOEURAPOLLO GLOBAL MGMT INCNEW+298.1K298.1K+$14M$14M
EXPEEXPEDIA GROUP INCNEW+52.1K52.1K+$9M$9M
TWTRUSDTWITTER INCNEW+119.4K119.4K+$8M$8M
ARTIUS ACQUISITION INCNEW+706.6K706.6K+$7M$7M
HPX CORPNEW+718.7K718.7K+$7M$7M
SPDR SER TRNEW+73.3K73.3K+$7M$7M

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

Holdings — Q1 2021

46 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IAC INTERACTIVECORP NEWCOM7.38%$26M120.9K
2NORTHERN STAR INVSTMNT CORPCOM CLASS A4.59%$16M1.62M
3CB1ACONSTELLATION BRANDS INChistory →CL A4.31%$15M67.0K
4NWSNEWS CORP NEWhistory →CL B4.24%$15M640.5K
5BYDBOYD GAMING CORPhistory →COM4.09%$14M245.6K
6APOEURAPOLLO GLOBAL MGMT INChistory →COM CL A3.96%$14M298.1K
7MGMMGM RESORTS INTERNATIONALhistory →COM3.75%$13M350.0K
8ONON SEMICONDUCTOR CORPhistory →COM3.23%$11M275.0K
9MORNMORNINGSTAR INChistory →COM3.12%$11M49.1K
10AESAES CORPhistory →COM2.70%$10M357.3K
11ATVIEURACTIVISION BLIZZARD INChistory →COM2.51%$9M95.7K
12TWTRUSDTWITTER INChistory →COM2.15%$8M119.4K
13ARTIUS ACQUISITION INCCOM CL A2.02%$7M706.6K
14ARESARES MANAGEMENT CORPORATIONhistory →CL A COM STK1.99%$7M126.0K
15HPX CORPSHS CL A1.99%$7M718.7K
16CAPRI HOLDINGS LIMITEDSHS1.71%$6M118.9K
17VESPER HEALTHCARE ACQSTN CORCOM CL A1.71%$6M559.6K
18TDAYGANNETT CO INChistory →COM1.69%$6M1.11M
19GEGGREAT ELM GROUP INChistory →COM NEW1.66%$6M2.40M
20RSIRUSH STREET INTERACTIVE INChistory →COM1.61%$6M350.0K
21BLMNBLOOMIN BRANDS INChistory →COM1.56%$6M204.5K
22WMGWARNER MUSIC GROUP CORPhistory →COM CL A1.48%$5M153.1K
23AEA-BRIDGES IMPACT CORPSHS CL A1.43%$5M515.0K
24MTCHMATCH GROUP INC NEWhistory →COM1.33%$5M34.2K
25GECCUSDGREAT ELM CAP CORPhistory →COM1.30%$5M1.36M
26TPBTURNING PT BRANDS INChistory →COM1.28%$5M87.1K
27COHN ROBBINS HOLDINGS CORPCOM CL A1.23%$4M444.6K
28TPRTAPESTRY INChistory →COM1.16%$4M100.0K
29POPULATION HEALTH INVS CO INSHS CL A1.11%$4M398.9K
30JAWS ACQUISITION CORPSHS1.11%$4M296.4K
31HORIZON ACQUISITION CORPCOM CL A0.91%$3M326.8K
32FTCHQFARFETCH LTDORD SH CL A0.90%$3M60.0K
33HH&L ACQUISITION COUNIT 99/99/99990.86%$3M300.0K
34RADIGUSDRADIUS GLOBAL INFRASTRCTRE ICOM CL A0.83%$3M200.0K
35IVANHOE CAPITAL ACQUISTIN COUNIT 99/99/99990.82%$3M281.1K
36DECARBONIZATION PLUS ACQU IIUNIT 01/19/20260.80%$3M280.0K
37YETIYETI HLDGS INCCOM0.75%$3M36.9K
38BROADSCALE ACQUISITION CORPUNIT 02/02/20260.71%$3M255.0K
39STAR PEAK CORP IIUNIT 99/99/99990.68%$2M231.3K
40SPARTAN ACQUISITION CORP IIIUNIT 99/99/99990.65%$2M230.3K
41KL ACQUISITION CORPUNIT 99/99/99990.64%$2M230.0K
42ECP ENVIRONMENTAL GW OPT CORUNIT 03/01/20260.63%$2M220.0K
43GROUP NINE ACQUISITION CORPUNIT 01/15/20260.62%$2M215.0K
44SUSTAINABLE DEVELP ACQU I COUNIT 02/04/20260.60%$2M215.0K
45KHOSLA VENTURES ACQUT CO IIICOM CL A0.60%$2M213.9K
46MEDAVAIL HOLDINGS INCCOM0.59%$2M150.0K

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 ↗.