SEC 13F Intelligence

Managers / Q1 2022 · 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
$231M
Q1 2022
Positions
31
Filings on Record
31
2019–present window
Filed
May 16, 2022
original filing

Summary

Northern Right Capital Management, L.P. reported $231M in U.S.-listed holdings across 31 positions for Q1 2022.

Its largest position, APO, represents 11.0% of the portfolio.

Compared with Q4 2021, the fund opened 9 new positions and exited 57.

Portfolio Metrics

Turnover
+22.6%
vs prior filed quarter
Top-10 Concentration
+72.9%
share of reported value
Largest Position
+11.0%
Apollo Global Mgmt
New / Exited
9 / 57
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: 90.0%Other: 6.3%ETP: 2.0%Equity WRT: 1.7%
  • Common Stock · 90.0% · $208M
  • Other · 6.3% · $14M
  • ETP · 2.0% · $5M
  • Equity WRT · 1.7% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
APOAPOLLO GLOBAL MGMT INCNEW+408.2K408.2K+$25M$25M
EVAUSDENVIVA INCNEW+140.2K140.2K+$11M$11M
ARK ETF TRNEW+69.5K69.5K+$5M$5M
GECCGREAT ELM CAP CORPNEW+227.1K227.1K+$3M$3M
AFRMAFFIRM HLDGS INCNEW+48.3K48.3K+$2M$2M
APPHARVEST INCNEW+411.7K411.7K+$2M$2M
BRLTBRILLIANT EARTH GROUP INCNEW+139.2K139.2K+$1M$1M
FORGE GLOBAL HOLDINGS INCNEW+793.4K793.4K+$1M$1M

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

Holdings — Q1 2022

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NWSNEWS CORP NEWCL B · CL A10.96%$25M1.13M
2APOAPOLLO GLOBAL MGMT INChistory →COM10.95%$25M408.2K
30J7QIAC INTERACTIVECORP NEWhistory →COM NEW10.69%$25M246.3K
4DRVNDRIVEN BRANDS HLDGS INChistory →COM8.41%$19M739.3K
5BYDBOYD GAMING CORPhistory →COM6.58%$15M231.2K
6MGMMGM RESORTS INTERNATIONALhistory →COM6.35%$15M350.0K
7UBERUBER TECHNOLOGIES INChistory →COM5.96%$14M385.9K
8GCMGGCM GROSVENOR INCCOM CL A · *W EXP 11/17/2025.83%$13M3.44M
9EVAUSDENVIVA INChistory →COM4.80%$11M140.2K
10ARESARES MANAGEMENT CORPORATIONhistory →CL A COM STK4.43%$10M126.0K
11AESAES CORPhistory →COM3.98%$9M357.3K
12CAPRI HOLDINGS LIMITEDSHS3.98%$9M178.9K
13MTCHMATCH GROUP INC NEWhistory →COM2.53%$6M53.8K
14FLLFULL HSE RESORTS INChistory →COM2.07%$5M498.7K
15GEGGREAT ELM GROUP INChistory →COM NEW2.01%$5M2.57M
16GENIUS SPORTS LIMITEDSHARES CL A · *W EXP 04/30/2021.54%$4M797.7K
17GECCGREAT ELM CAP CORPhistory →COM NEW1.44%$3M227.1K
18BRLTBRILLIANT EARTH GROUP INCCL A COM0.62%$1M139.2K
19FORGE GLOBAL HOLDINGS INC*W EXP 03/29/2020.57%$1M793.4K
20INVNIDENTIV INCCOM NEW0.28%$647,00040.0K
21SONDER HOLDINGS INC*W EXP 01/31/2020.27%$626,000868.9K
22G SQUARED ASCEND I INC*W EXP 02/01/2020.08%$184,000461.1K
23B RILEY PRINCIPAL 150 MERGER*W EXP 03/01/2020.08%$177,000196.7K
24INTERPRIVATE III FINANCIAL P*W EXP 99/99/9990.02%$36,00054.4K

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 ↗.