Q4 2025 · 13F-HR
KETTLE HILL CAPITAL MANAGEMENT, LLCholdings as filed
Filed 2026-02-17 · accession 0000919574-26-000979
$448.4M
Reported value
39
Positions
2025-12-31
Period end
The Brief · KETTLE HILL CAPITAL MANAGEMENT, LLC · Q4 2025
AI · grounded in 13F
KETTLE HILL CAPITAL MANAGEMENT, LLC established a new position in ELASTIC N V valued at $29.7M. The fund also opened new stakes in RH for $28.9M and S for $25.7M. On the sell side, the manager closed its position in EVR, reducing exposure by $22.3M. Other notable exits included KIM and ZNGA.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| N14506104 | ESTC | ELASTIC N V | $29.7M | 6.62% | 393,556 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $29.1M | 6.48% | 658,005 | Common | SOLE |
| 74967X103 | RH | RH | $28.9M | 6.44% | 161,122 | Common | SOLE |
| 707569109 | PENN | PENN ENTERTAINMENT INC | $26.2M | 5.83% | 1,773,390 | Common | SOLE |
| 983134107 | WYNN | WYNN RESORTS LTD | $25.9M | 5.78% | 215,185 | Common | SOLE |
| 81730H109 | S | SENTINELONE INC | $25.7M | 5.74% | 1,716,381 | Common | SOLE |
| 10576N102 | BRZE | BRAZE INC | $25.6M | 5.72% | 747,715 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $23.5M | 5.24% | 576,603 | Common | SOLE |
| 42226K105 | HR | HEALTHCARE RLTY TR | $23.3M | 5.20% | 1,374,243 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $17.7M | 3.94% | 642,259 | Common | SOLE |
| 70202L102 | PSN | PARSONS CORP DEL | $16.2M | 3.62% | 262,713 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $14.4M | 3.22% | 745,132 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $11.9M | 2.65% | 36,936 | Common | SOLE |
| 00971T101 | AKAM | AKAMAI TECHNOLOGIES INC | $11.7M | 2.60% | 133,688 | Common | SOLE |
| 501889208 | LKQ | LKQ CORP | $11.7M | 2.60% | 385,879 | Common | SOLE |
| 201723103 | CMC | COMMERCIAL METALS CO | $11.5M | 2.56% | 165,515 | Common | SOLE |
| 879433829 | TDS | TELEPHONE & DATA SYS INC | $9.7M | 2.16% | 236,635 | Common | SOLE |
| 459506101 | IFF | INTERNATIONAL FLAVORS&FRAGRA | $9.4M | 2.10% | 139,803 | Common | SOLE |
| 354613101 | BEN | FRANKLIN RESOURCES INC | $9.3M | 2.08% | 390,346 | Common | SOLE |
| 70509V100 | PEB | PEBBLEBROOK HOTEL TR | $8.9M | 1.99% | 789,732 | Common | SOLE |
| 20717M103 | 8QR | CONFLUENT INC | $7.5M | 1.68% | 249,270 | Common | SOLE |
| 446413106 | HII | HUNTINGTON INGALLS INDS INC | $6.1M | 1.37% | 18,057 | Common | SOLE |
| 741623102 | PRMB | PRIMO BRANDS CORPORATION | $6.1M | 1.36% | 373,503 | Common | SOLE |
| 835495102 | SON | SONOCO PRODS CO | $6.0M | 1.34% | 137,805 | Common | SOLE |
| 830830105 | SKY | CHAMPION HOMES INC | $5.9M | 1.33% | 70,343 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $5.9M | 1.32% | 53,730 | Common | SOLE |
| G9456A100 | GLNG | GOLAR LNG LTD | $5.9M | 1.32% | 158,561 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $5.8M | 1.30% | 108,791 | Common | SOLE |
| 844741108 | LUV | SOUTHWEST AIRLS CO | $5.8M | 1.29% | 140,208 | Common | SOLE |
| 819047101 | SHAK | SHAKE SHACK INC | $5.8M | 1.29% | 71,284 | Common | SOLE |
| 020764106 | AMR | ALPHA METALLURGICAL RESOUR I | $4.8M | 1.08% | 24,127 | Common | SOLE |
| G1890L107 | CPRI | CAPRI HOLDINGS LIMITED | $2.9M | 0.65% | 120,091 | Common | SOLE |
| 29355A107 | ENPH | ENPHASE ENERGY INC | $2.3M | 0.52% | 72,794 | Common | SOLE |
| 000360206 | AAON | AAON INC | $2.3M | 0.51% | 30,053 | Common | SOLE |
| 74982T103 | RXO | RXO INC | $1.7M | 0.38% | 136,015 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $836,649 | 0.19% | 2,673 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $832,568 | 0.19% | 3,607 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $831,713 | 0.19% | 1,260 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $553,605 | 0.12% | 1,231 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.