SEC 13F Intelligence

Managers / Q3 2024 · 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
$269M
Q3 2024
Positions
27
Filings on Record
31
2019–present window
Filed
Nov 14, 2024
original filing

Summary

Northern Right Capital Management, L.P. reported $269M in U.S.-listed holdings across 27 positions for Q3 2024.

Its largest position, APO, represents 10.5% of the portfolio.

Compared with Q2 2024, the fund opened 7 new positions and exited 9.

Portfolio Metrics

Turnover
+22.7%
vs prior filed quarter
Top-10 Concentration
+73.5%
share of reported value
Largest Position
+10.5%
Apollo Global Mgmt
New / Exited
7 / 9
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: 81.4%REIT: 9.8%Other: 6.3%MLP: 2.5%
  • Common Stock · 81.4% · $219M
  • REIT · 9.8% · $26M
  • Other · 6.3% · $17M
  • MLP · 2.5% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PINSPINTEREST INCNEW+311.1K311.1K+$10M$10M
MTCHMATCH GROUP INC NEWNEW+255.1K255.1K+$10M$10M
TLSTELOS CORP MDNEW+1.04M1.04M+$4M$4M
GAPGAP INCNEW+112.0K112.0K+$2M$2M
TPBTURNING PT BRANDS INCNEW+29.4K29.4K+$1M$1M
RDDTREDDIT INCNEW+15.0K15.0K+$988,800$988,800
TDUPTHREDUP INCNEW+190.2K190.2K+$160,148$160,148
CHTRCORE SCIENTIFIC INC NEWADDED+323.6K323.7K+$3M$4M

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

Holdings — Q3 2024

26 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NWSANEWS CORP NEWCL A · CL B11.46%$31M1.15M
2APOAPOLLO GLOBAL MGMT INChistory →COM10.53%$28M226.4K
30J7QIAC INChistory →COM NEW9.39%$25M468.9K
4MSGEMADISON SQUARE GARDEN ENTMThistory →COM CL A8.18%$22M516.9K
5ARESARES MANAGEMENT CORPORATIONhistory →CL A COM STK7.68%$21M132.4K
6RITMRITHM CAPITAL CORPhistory →COM NEW7.39%$20M1.75M
7HHHHOWARD HUGHES HOLDINGS INChistory →COM6.59%$18M228.6K
8FTAI AVIATION LTDSHS6.29%$17M127.2K
9PINSPINTEREST INChistory →CL A3.75%$10M311.1K
10MTCHMATCH GROUP INC NEWhistory →COM3.59%$10M255.1K
11GECCGREAT ELM CAP CORPhistory →COM NEW3.02%$8M798.5K
12GEGGREAT ELM GROUP INChistory →COM NEW3.02%$8M4.24M
13MITTAG MTG INVT TR INChistory →COM NEW2.37%$6M848.8K
14BYDBOYD GAMING CORPhistory →COM2.37%$6M98.5K
15TRUTRANSUNIONhistory →COM2.30%$6M59.0K
16HUTHUT 8 CORPhistory →COM1.90%$5M416.7K
17ETENERGY TRANSFER LPhistory →COM UT LTD PTN1.67%$4M279.7K
18UBERUBER TECHNOLOGIES INChistory →COM1.65%$4M58.9K
19CHTRCORE SCIENTIFIC INC NEWhistory →CL A1.43%$4M323.7K
20TLSTELOS CORP MDhistory →COM1.39%$4M1.04M
21APLDAPPLIED DIGITAL CORPhistory →COM NEW1.36%$4M442.5K
22GAPGAP INCCOM0.92%$2M112.0K
23MPLXMPLX LPCOM UNIT REP LTD0.85%$2M51.2K
24TPBTURNING PT BRANDS INCCOM0.47%$1M29.4K
25RDDTREDDIT INCCL A0.37%$988,80015.0K
26TDUPTHREDUP INCCL A0.06%$160,148190.2K

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 ↗.