SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Highlander Partners, L.P.

CIK 0001903866 · 300 CRESCENT COURT, SUITE 550, DALLAS, TX, 75201 · 214-245-5000

Reported Value
$162M
Q1 2025
Positions
48
Filings on Record
18
2019–present window
Filed
May 6, 2025
original filing

Summary

Highlander Partners, L.P. reported $162M in U.S.-listed holdings across 48 positions for Q1 2025.

Its largest position, VRT, represents 15.8% of the portfolio.

Compared with Q4 2024, the fund opened 6 new positions and exited 0.

Portfolio Metrics

Turnover
+12.0%
vs prior filed quarter
Top-10 Concentration
+82.3%
share of reported value
Largest Position
+15.8%
Vertiv

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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 ’21: $82MQ4 ’21Q1 ’22: $80MQ2 ’22: $76MQ3 ’22: $67MQ3 ’22Q4 ’22: $74MQ1 ’23: $74MQ2 ’23: $89MQ2 ’23Q3 ’23: $101MQ4 ’23: $125MQ1 ’24: $144MQ1 ’24Q2 ’24: $150MQ3 ’24: $169MQ4 ’24: $176MQ4 ’24Q1 ’25: $162MQ2 ’25: $260MQ3 ’25: $287MQ3 ’25Q4 ’25: $279MQ1 ’26: $256Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 75.9%ADR: 18.9%ETP: 3.0%MLP: 1.7%Other: 0.3%Unit: 0.2%
  • Common Stock · 75.9% · $123M
  • ADR · 18.9% · $31M
  • ETP · 3.0% · $5M
  • MLP · 1.7% · $3M
  • Other · 0.3% · $539,227
  • Unit · 0.2% · $284,200

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BABAALIBABA GROUP HLDG LTDNEW+87.2K87.2K+$12M$12M
INVESCO EXCHANGE TRADED FD TNEW+9.9K9.9K+$2M$2M
DMLPDORCHESTER MINERALS LPNEW+33.1K33.1K+$994,956$994,956
NEOGNEOGEN CORPNEW+100.0K100.0K+$867,000$867,000
ISHARES TRNEW+6.0K6.0K+$215,040$215,040
SLBSCHLUMBERGER LTDNEW+5.0K5.0K+$210,672$210,672
SPDR S&P 500 ETF TRTRIMMED−2.5K4.0K−$2M$2M
VRTVERTIV HOLDINGS COTRIMMED−25.0K353.6K−$17M$26M

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

Holdings — Q1 2025

44 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VRTVERTIV HOLDINGS COhistory →COM CL A15.79%$26M353.6K
2BXBLACKSTONE INChistory →COM14.18%$23M164.0K
3AMZNAMAZON COM INChistory →COM12.12%$20M103.0K
4YMMFULL TRUCK ALLIANCE CO LTDhistory →SPONSORED ADS11.76%$19M1.49M
5BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS7.13%$12M87.2K
6TCBITEXAS CAP BANCSHARES INChistory →COM5.56%$9M120.4K
7WSCWILLSCOT HLDGS CORPhistory →COM CL A4.30%$7M249.8K
8SSNCSS&C TECHNOLOGIES HLDGS INChistory →COM4.23%$7M81.8K
9KEYSKEYSIGHT TECHNOLOGIES INChistory →COM3.82%$6M41.2K
10MIRMMIRUM PHARMACEUTICALS INChistory →COM3.43%$6M123.0K
11DAKTDAKTRONICS INChistory →COM3.01%$5M400.0K
12AMDADVANCED MICRO DEVICES INChistory →COM2.29%$4M36.0K
13DELLDELL TECHNOLOGIES INChistory →CL C1.69%$3M30.0K
14SPDR S&P 500 ETF TRTR UNIT1.38%$2M4.0K
15INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT1.06%$2M9.9K
16BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.68%$1M2.0K
17MDAISPECTRAL AI INCCOM CL A0.64%$1M900.0K
18DMLPDORCHESTER MINERALS LPCOM UNIT0.62%$994,95633.1K
19NEOGNEOGEN CORPCOM0.54%$867,000100.0K
20MPLXMPLX LPCOM UNIT REP LTD0.47%$764,85414.3K
21CWSTCASELLA WASTE SYS INCCL A0.41%$669,0606.0K
22WHITE MTNS INS GROUP LTDCOM0.33%$539,227280
23GHCGRAHAM HLDGS COCOM CL B0.32%$514,060535
24ACWIISHARES TRMSCI ACWI ETF · CHINA LG-CAP ETF0.30%$489,7208.4K
25EPDENTERPRISE PRODS PARTNERS LCOM0.30%$477,96014.0K
26FISVFISERV INCCOM0.26%$419,5771.9K
274I1PHILIP MORRIS INTL INCCOM0.25%$396,8252.5K
28MSFTMICROSOFT CORPCOM0.24%$394,1601.1K
29ADBEADOBE INCCOM0.24%$383,5301.0K
30JPMJPMORGAN CHASE & CO.COM0.23%$367,9501.5K
31GOOGLALPHABET INCCAP STK CL A0.21%$340,2082.2K
32GQ9SPDR GOLD TRGOLD SHS0.21%$334,2421.2K
33PAGPEURPLAINS GP HLDGS L PLTD PARTNR INT A0.20%$320,40015.0K
34ETENERGY TRANSFER L PCOM UT LTD PTN0.20%$317,51717.1K
35METAMETA PLATFORMS INCCL A0.20%$316,998550
36ARCCARES CAPITAL CORPCOM0.19%$310,24014.0K
37MRKMERCK & CO INCCOM0.18%$296,2083.3K
38KRPKIMBELL RTY PARTNERS LPUNIT0.18%$284,20020.3K
39WESWESTERN MIDSTREAM PARTNERS LCOM UNIT LP INT0.15%$249,8566.1K
40VVISA INCCOM CL A0.15%$245,322700
41RSGREPUBLIC SVCS INCCOM0.15%$242,1601.0K
42EXMOCEXXON MOBIL CORPCOM0.15%$237,8602.0K
43HDHOME DEPOT INCCOM0.14%$229,056625
44SLBSCHLUMBERGER LTDCOM STK0.13%$210,6725.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$256M47Apr 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$279M68Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$287M52Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$260M53Aug 6, 202513F-HRchanges · EDGAR ↗
Q1 2025$162M48May 6, 202513F-HRchanges · EDGAR ↗
Q4 2024$176M41Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$169M45Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$150M40Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$144M42May 1, 202413F-HRchanges · EDGAR ↗
Q4 2023$125M25Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$101M26Nov 6, 202313F-HRchanges · EDGAR ↗
Q2 2023$89M26Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$74M23May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$74M22Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$67M21Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$76M24Aug 2, 202213F-HRchanges · EDGAR ↗
Q1 2022$80M23Apr 27, 202213F-HRchanges · EDGAR ↗
Q4 2021$82M26Jan 28, 202213F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • Wallace Capital Management Inc.028-14310
  • STIFEL FINANCIAL CORP028-04621

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 ↗.