SEC 13F Intelligence

Managers / Q2 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
$248M
Q2 2023
Positions
26
Filings on Record
31
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Northern Right Capital Management, L.P. reported $248M in U.S.-listed holdings across 26 positions for Q2 2023.

Its largest position, 0J7Q, represents 15.9% of the portfolio.

Compared with Q1 2023, the fund opened 7 new positions and exited 2.

Portfolio Metrics

Turnover
+5.3%
vs prior filed quarter
Top-10 Concentration
+71.2%
share of reported value
Largest Position
+15.9%
Iac
New / Exited
7 / 2
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: 92.0%Other: 6.8%MLP: 1.2%
  • Common Stock · 92.0% · $228M
  • Other · 6.8% · $17M
  • MLP · 1.2% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ATVIEURACTIVISION BLIZZARD INCNEW+90.0K90.0K+$8M$8M
MSGEMADISON SQUARE GARDEN ENTMTNEW+165.0K165.0K+$6M$6M
PYPLPAYPAL HLDGS INCNEW+70.0K70.0K+$5M$5M
SRTABLADE AIR MOBILITY INCNEW+1.15M1.15M+$5M$5M
IONQIONQ INCNEW+250.0K250.0K+$3M$3M
MSGSMADISON SQUARE GRDN SPRT CORNEW+16.7K16.7K+$3M$3M
ENDEAVOR GROUP HLDGS INCNEW+100.0K100.0K+$2M$2M
APPAPPLOVIN CORPSOLD OUT−250.0K0−$4M$0

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

Holdings — Q2 2023

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
10J7QIAC INChistory →COM NEW15.88%$39M627.5K
2UBERUBER TECHNOLOGIES INChistory →COM10.33%$26M593.6K
3APOAPOLLO GLOBAL MGMT INChistory →COM10.09%$25M326.0K
4NWSANEWS CORP NEWCL A · CL B6.67%$17M846.9K
5ARESARES MANAGEMENT CORPORATIONhistory →CL A COM STK6.55%$16M168.6K
6MGMMGM RESORTS INTERNATIONALhistory →COM6.39%$16M361.0K
7BYDBOYD GAMING CORPhistory →COM5.74%$14M205.4K
8BXSLBLACKSTONE SECD LENDING FDhistory →COMMON STOCK3.69%$9M334.7K
9CELLEBRITE DI LTDORDINARY SHARES3.58%$9M1.23M
10GEGGREAT ELM GROUP INChistory →COM NEW3.28%$8M3.97M
11FTAI AVIATION LTDSHS3.14%$8M246.3K
12DRVNDRIVEN BRANDS HLDGS INChistory →COM3.07%$8M281.9K
13ATVIEURACTIVISION BLIZZARD INChistory →COM3.06%$8M90.0K
14INVNIDENTIV INChistory →COM NEW2.59%$6M765.2K
15GECCGREAT ELM CAP CORPhistory →COM NEW2.50%$6M798.5K
16MFICMIDCAP FINANCIAL INVSTMNT COhistory →COM NEW2.24%$6M442.4K
17MSGEMADISON SQUARE GARDEN ENTMThistory →COM CL A2.24%$6M165.0K
18PYPLPAYPAL HLDGS INChistory →COM1.88%$5M70.0K
19SRTABLADE AIR MOBILITY INChistory →CL A COM1.82%$5M1.15M
20MSGSMADISON SQUARE GRDN SPRT CORhistory →CL A1.27%$3M16.7K
21ETENERGY TRANSFER L Phistory →COM UT LTD PTN1.19%$3M231.8K
22ENDEAVOR GROUP HLDGS INCCL A COM0.96%$2M100.0K
23DUOTDUOS TECHNOLOGIES GROUP INCCOM0.36%$897,920151.2K
24INTEVAC INCCOM0.11%$262,50070.0K

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 ↗.