SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Mantle Ridge LP

CIK 0001695459 · 712 FIFTH AVENUE, SUITE 17F, NEW YORK, NY, 10019 · 646-762-8540

Reported Value
$2.4B
Q2 2025
Positions
2
Filings on Record
31
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Mantle Ridge LP reported $2.4B in U.S.-listed holdings across 2 positions for Q2 2025.

The portfolio is heavily concentrated: DLTR alone accounts for 50.9% of reported value.

The book was largely unchanged from Q1 2025.

Portfolio Metrics

Turnover
+2.4%
vs prior filed quarter
Largest Position
+50.9%
Dollar Tree

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: $2.7BQ4 ’18Q1 ’19: $2.8BQ2 ’19: $2.9BQ3 ’19: $2.7BQ4 ’19: $1.0BQ4 ’19Q1 ’20: $54MQ2 ’20: $61MQ3 ’20: $72MQ4 ’20: $104MQ4 ’20Q1 ’21: $102MQ2 ’21: $101MQ3 ’21: $89MQ4 ’21: $100MQ4 ’21Q1 ’22: $1.9BQ2 ’22: $1.9BQ3 ’22: $1.6BQ4 ’22: $1.7BQ4 ’22Q1 ’23: $1.7BQ2 ’23: $1.7BQ3 ’23: $1.6BQ4 ’23: $2.2BQ4 ’23Q1 ’24: $1.6BQ2 ’24: $1.3BQ3 ’24: $851MQ4 ’24: $2.1BQ4 ’24Q1 ’25: $2.1BQ2 ’25: $2.4BQ3 ’25: $2.3BQ4 ’25: $2.5BQ4 ’25Q1 ’26: $1.3Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 100.0%
  • Common Stock · 100.0% · $2.4B

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DLTRDOLLAR TREE INCHELD+012.10M+$290M$1.2B
APDAIR PRODS & CHEMS INCHELD+04.11M−$53M$1.2B

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

Holdings — Q2 2025

2 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DLTRDOLLAR TREE INChistory →COM50.85%$1.2B12.10M
2APDAIR PRODS & CHEMS INChistory →COM49.15%$1.2B4.11M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.3B1May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.5B2Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.3B2Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.4B2Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.1B2May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.1B2Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$851M1Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.3B1Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.6B1May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.2B3Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.6B2Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.7B2Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.7B2May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.7B2Feb 15, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$1.6B2Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.9B2Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.9B2May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$100M2Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$89M1Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$101M1Aug 17, 202113F-HRchanges · EDGAR ↗
Q1 2021$102M1May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$104M1Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$72M1Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$61M1Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$54M1May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.0B1Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.7B2Nov 15, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.9B1Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.8B1May 16, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.7B1Feb 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 ↗.