SEC 13F Intelligence

Managers / Q1 2023 · 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
$197M
Q1 2023
Positions
21
Filings on Record
31
2019–present window
Filed
May 15, 2023
original filing

Summary

Northern Right Capital Management, L.P. reported $197M in U.S.-listed holdings across 21 positions for Q1 2023.

Its largest position, 0J7Q, represents 16.2% of the portfolio.

Compared with Q4 2022, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+14.6%
vs prior filed quarter
Top-10 Concentration
+78.5%
share of reported value
Largest Position
+16.2%
Iac
New / Exited
4 / 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. 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: 90.4%Other: 8.2%MLP: 1.4%
  • Common Stock · 90.4% · $179M
  • Other · 8.2% · $16M
  • MLP · 1.4% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CELLEBRITE DI LTDNEW+1.03M1.03M+$6M$6M
FTAI AVIATION LTDNEW+181.3K181.3K+$5M$5M
APPAPPLOVIN CORPNEW+250.0K250.0K+$4M$4M
DUOTDUOS TECHNOLOGIES GROUP INCNEW+87.8K87.8K+$245,843$245,843
INTEVAC INCADDED+569.9K651.4K+$4M$5M
NWSANEWS CORP NEWADDED+335.0K606.5K+$6M$10M
ENDEAVOR GROUP HLDGS INCSOLD OUT−409.3K0−$9M$0
LUCKBOWLERO CORPSOLD OUT−573.4K0−$8M$0

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

Holdings — Q1 2023

20 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
10J7QIAC INChistory →COM NEW16.24%$32M621.5K
2UBERUBER TECHNOLOGIES INChistory →COM10.93%$22M680.9K
3APOAPOLLO GLOBAL MGMT INChistory →COM10.34%$20M323.4K
4MGMMGM RESORTS INTERNATIONALhistory →COM8.30%$16M369.1K
5ARESARES MANAGEMENT CORPORATIONhistory →CL A COM STK7.54%$15M178.5K
6BYDBOYD GAMING CORPhistory →COM7.09%$14M218.3K
7NWSANEWS CORP NEWCL A · CL B6.41%$13M731.9K
8DRVNDRIVEN BRANDS HLDGS INChistory →COM4.33%$9M281.9K
9BXSLBLACKSTONE SECD LENDING FDhistory →COMMON STOCK4.23%$8M334.7K
10GEGGREAT ELM GROUP INChistory →COM NEW4.20%$8M3.65M
11GECCGREAT ELM CAP CORPhistory →COM NEW3.64%$7M798.5K
12CELLEBRITE DI LTDORDINARY SHARES3.18%$6M1.03M
13FTAI AVIATION LTDSHS2.57%$5M181.3K
14MFICMIDCAP FINANCIAL INVSTMNT COhistory →COM NEW2.55%$5M442.4K
15INTEVAC INCCOM2.42%$5M651.4K
16INVNIDENTIV INChistory →COM NEW2.08%$4M669.2K
17APPAPPLOVIN CORPhistory →COM CL A1.99%$4M250.0K
18ETENERGY TRANSFER L Phistory →COM UT LTD PTN1.40%$3M221.9K
19EVAUSDENVIVA INCCOM0.43%$846,38629.3K
20DUOTDUOS TECHNOLOGIES GROUP INCCOM0.12%$245,84387.8K

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 ↗.