Q4 2025 · 13F-HR
Nitorum Capital, L.P.holdings as filed
Filed 2026-02-17 · accession 0001630243-26-000004
$452.4M
Reported value
25
Positions
2025-12-31
Period end
The Brief · Nitorum Capital, L.P. · Q4 2025
AI · grounded in 13F
Nitorum Capital, L.P. exited its position in FISV, reducing its exposure by $25.3M. The fund also closed positions in FUN and PRMB, totaling $18.7M and $17.8M in sales respectively. On the buy side, the fund established a new position in AZZ worth $9.5M and increased its stake in VMI by 9%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 171484108 | CHDN | CHURCHILL DOWNS INC | $47.1M | 10.4% | 414,062 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $45.6M | 10.1% | 73,185 | Common | SOLE |
| 56400P706 | MNKD | MANNKIND CORP | $30.2M | 6.68% | 5,325,823 | Common | SOLE |
| 74935Q107 | RBA | RB GLOBAL INC | $28.4M | 6.28% | 276,120 | Common | SOLE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $27.3M | 6.04% | 217,003 | Common | SOLE |
| 103304101 | BYD | BOYD GAMING CORP | $22.3M | 4.92% | 261,270 | Common | SOLE |
| 44930G107 | ICUI | ICU MED INC | $21.9M | 4.85% | 153,657 | Common | SOLE |
| 920253101 | VMI | VALMONT INDS INC | $21.7M | 4.80% | 53,937 | Common | SOLE |
| 518613203 | LAUR | LAUREATE EDUCATION INC | $21.6M | 4.77% | 640,918 | Common | SOLE |
| 741511109 | PSMT | PRICESMART INC | $19.7M | 4.37% | 160,976 | Common | SOLE |
| 91307C102 | UTHR | UNITED THERAPEUTICS CORP DEL | $18.0M | 3.99% | 37,022 | Common | SOLE |
| P73684113 | OSW | ONESPAWORLD HOLDINGS LIMITED | $16.6M | 3.67% | 801,393 | Common | SOLE |
| 368736104 | GNRC | GENERAC HLDGS INC | $16.0M | 3.53% | 117,201 | Common | SOLE |
| 302941109 | FCN | FTI CONSULTING INC | $14.0M | 3.09% | 81,860 | Common | SOLE |
| N72482206 | QGEN | QIAGEN NV | $11.0M | 2.43% | 244,824 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $10.8M | 2.38% | 21,423 | Common | SOLE |
| 002474104 | AZZ | AZZ INC | $9.5M | 2.10% | 88,586 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $9.4M | 2.08% | 16,465 | Common | SOLE |
| 947890109 | WBS | WEBSTER FINL CORP | $9.3M | 2.05% | 147,156 | Common | SOLE |
| 371901109 | GNTX | GENTEX CORP | $9.2M | 2.03% | 394,887 | Common | SOLE |
| 29977A105 | EVR | EVERCORE INC | $9.1M | 2.00% | 26,602 | Common | SOLE |
| 13765N107 | CNNE | CANNAE HLDGS INC | $8.9M | 1.98% | 568,685 | Common | SOLE |
| 31620M106 | FIS | FIDELITY NATL INFORMATION SV | $8.6M | 1.90% | 129,450 | Common | SOLE |
| 278642103 | EBAY | EBAY INC. | $8.2M | 1.80% | 93,681 | Common | SOLE |
| 217204106 | CPRT | COPART INC | $8.0M | 1.78% | 205,125 | 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.