Managers / Q1 2026
Dilation Capital Management LP
CIK 0001922880 · 767 FIFTH AVENUE, 18TH FLOOR, NEW YORK, NY, 10153 · 917-912-5665
Summary
Dilation Capital Management LP reported $199M in U.S.-listed holdings across 20 positions for Q1 2026.
Its largest position, BA, represents 10.9% of the portfolio.
Compared with Q4 2025, the fund opened 9 new positions and exited 8.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 83.2% · $166M
- Other · 8.4% · $17M
- ADR · 4.3% · $9M
- ETP · 4.1% · $8M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| LITELUMENTUM HLDGS INC | NEW | +18.3K | 18.3K | +$13M | $13M |
| ECHOECHOSTAR CORP | NEW | +102.1K | 102.1K | +$12M | $12M |
| WMBWILLIAMS COS INC | NEW | +150.6K | 150.6K | +$11M | $11M |
| SNDKSANDISK CORP | NEW | +13.6K | 13.6K | +$9M | $9M |
| ISHARES INC | NEW | +65.6K | 65.6K | +$8M | $8M |
| GE AEROSPACE | NEW | +28.1K | 28.1K | +$8M | $8M |
| ASML HLDG NV | NEW | +5.6K | 5.6K | +$7M | $7M |
| WDCWESTERN DIGITAL CORP | NEW | +26.1K | 26.1K | +$7M | $7M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BABOEING COhistory → | COM | 10.88% | $22M | 108.9K |
| 2 | NVDANVIDIA CORPORATIONhistory → | COM | 7.70% | $15M | 88.0K |
| 3 | SHWSHERWIN WILLIAMS COhistory → | COM | 7.66% | $15M | 47.6K |
| 4 | CLSCELESTICA INChistory → | COM | 7.11% | $14M | 50.3K |
| 5 | LITELUMENTUM HLDGS INChistory → | COM | 6.44% | $13M | 18.3K |
| 6 | CPCANADIAN PACIFIC KANSAS CITYhistory → | COM | 6.32% | $13M | 160.1K |
| 7 | ECHOECHOSTAR CORPhistory → | CL A | 6.00% | $12M | 102.1K |
| 8 | WMBWILLIAMS COS INChistory → | COM | 5.50% | $11M | 150.6K |
| 9 | HWMHOWMET AEROSPACE INChistory → | COM | 5.44% | $11M | 47.0K |
| 10 | SNDKSANDISK CORPhistory → | COM | 4.34% | $9M | 13.6K |
| 11 | TSMTAIWAN SEMICONDUCTOR MANUFAChistory → | SPONSORED ADS | 4.32% | $9M | 25.5K |
| 12 | ISHARES INC | MSCI STH KOR ETF | 4.05% | $8M | 65.6K |
| 13 | GE AEROSPACE | COM NEW | 4.01% | $8M | 28.1K |
| 14 | ASML HLDG NV | N Y REGISTRY SHS | 3.68% | $7M | 5.6K |
| 15 | WDCWESTERN DIGITAL CORPhistory → | COM | 3.54% | $7M | 26.1K |
| 16 | AVGOBROADCOM INChistory → | COM | 3.48% | $7M | 22.4K |
| 17 | LINDE PLC | SHS | 3.15% | $6M | 12.6K |
| 18 | AFRMAFFIRM HLDGS INChistory → | COM CL A | 2.57% | $5M | 111.7K |
| 19 | HSICSCHEIN HENRY INChistory → | COM | 2.21% | $4M | 59.8K |
| 20 | NEBIUS GROUP N.V. | SHS CLASS A | 1.57% | $3M | 30.2K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $199M | 20 | Apr 29, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $217M | 19 | Feb 9, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $202M | 21 | Oct 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $188M | 20 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $82M | 15 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $108M | 20 | Feb 14, 2025 | 13F-HR | changes · 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 ↗.