Institutional
Columbus Hill Capital Management, L.P.
CIK 0001384982
$672.7M
Reported AUM
24
Positions
Q1 2026
Period
2026-05-13
Filed
The Brief · Columbus Hill Capital Management, L.P. · Q1 2026
AI · grounded in 13F
Columbus Hill Capital Management, L.P. established a new position in HYG valued at $50.9M. The fund also opened new stakes in SPY for $20.2M and AAL for $9.1M. On the sell side, the manager closed its position in LTM, reducing exposure by $17.8M. Other notable activity includes increasing its holding of CPNG by 548.6% and trimming shares of META by 29.7%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | CPNG | COUPANG INC | $15.15 | -8.35% | -46.75% | -58.29% | $105.0M | 15.61% | +4,705,317 | +548.6% |
| 2 | AMZN | AMAZON COM INC | $246.03 | -3.06% | 15.20% | 47.87% | $66.9M | 9.95% | −53,500 | −14.3% |
| 3 | HYG | ISHARES TR | $79.43 | -0.50% | 6.72% | 19.17% | $50.9M | 7.57% | +640,000 | NEW |
| 4 | NCLH | NORWEGIAN CRUISE LINE HLDGS | $18.75 | -1.99% | -4.14% | -21.97% | $49.8M | 7.40% | — | HELD |
| 5 | META | META PLATFORMS INC | $593.00 | -5.51% | -14.74% | 67.74% | $40.3M | 5.99% | −29,726 | −29.7% |
| 6 | MAR | MARRIOTT INTL INC NEW | $392.51 | 1.87% | 49.07% | 179.89% | $40.0M | 5.94% | — | HELD |
| 7 | RCL | ROYAL CARIBBEAN GROUP | $280.00 | -4.53% | 3.35% | 274.56% | $38.6M | 5.74% | −8,718 | −5.8% |
| 8 | AMD | ADVANCED MICRO DEVICES INC | $466.38 | -10.86% | 301.39% | 339.19% | $36.5M | 5.43% | +53,800 | +42.8% |
| 9 | MSFT | MICROSOFT CORP | $416.67 | -2.66% | -10.71% | 52.39% | $25.0M | 3.72% | −24,200 | −26.4% |
| 10 | GOOGL | ALPHABET INC | $368.53 | -0.98% | 112.92% | 175.80% | $24.7M | 3.67% | −41,100 | −32.4% |
| 11 | SATS | ECHOSTAR CORP | $116.28 | -6.71% | 565.22% | 421.43% | $22.6M | 3.36% | −10,000 | −4.9% |
| 12 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $415.17 | -6.69% | 104.85% | 285.24% | $22.0M | 3.27% | −6,600 | −9.2% |
| 13 | SPY | STATE STR SPDR S&P 500 ETF T | $737.55 | -2.58% | 24.51% | 79.50% | $20.2M | 3.00% | +31,000 | NEW |
| 14 | MA | MASTERCARD INCORPORATED | $491.08 | 1.93% | -16.29% | 31.00% | $18.6M | 2.77% | — | HELD |
| 15 | NVDA | NVIDIA CORPORATION | $205.10 | -6.20% | 44.92% | 955.49% | $18.3M | 2.71% | −72,300 | −40.9% |
| 16 | VST | VISTRA CORP | $148.76 | -3.21% | -13.88% | 750.99% | $18.0M | 2.68% | −103,700 | −46.4% |
| 17 | SATS 3.875 11/30/30 | ECHOSTAR CORP | — | — | — | — | $16.0M | 2.38% | −7,852,000 | −63.8% |
| 18 | HUM | HUMANA INC | $350.08 | 0.08% | 54.14% | -13.78% | $15.5M | 2.30% | −7,560 | −7.8% |
| 19 | URI | UNITED RENTALS INC | $1067.77 | -1.55% | 52.37% | 235.99% | $15.1M | 2.24% | — | HELD |
| 20 | V | VISA INC | $323.57 | 1.06% | -11.91% | 36.33% | $13.5M | 2.00% | +12,500 | +39.0% |
| 21 | AAL | AMERICAN AIRLINES GROUP INC | $13.50 | 1.50% | 14.60% | -33.76% | $9.1M | 1.36% | +850,000 | NEW |
| 22 | FIGR | FIGURE TECHNOLOGY SOLUTIO | $28.49 | -9.04% | -12.34% | -28.06% | $5.1M | 0.75% | — | HELD |
| 23 | UBER | UBER TECHNOLOGIES INC | $70.71 | -2.08% | -17.39% | 62.70% | $1.2M | 0.17% | +16,000 | NEW |
| 24 | EQPT | EQUIPMENTSHARE COM INC | $19.55 | -4.35% | -39.96% | -32.63% | $20K | 0.00% | +1,000 | NEW |
| 25 | LTM | LATAM AIRLINES GROUP SA | $48.32 | -2.80% | 25.53% | 96.77% | — | — | −329,927 | EXITED |
| 26 | FYBR | FRONTIER COMMUNICATIONS PARE | — | — | — | — | — | — | −377,972 | EXITED |
| 27 | SHOP | SHOPIFY INC | $109.54 | -5.60% | -1.68% | -26.97% | — | — | −46,123 | EXITED |
| 28 | TXN | TEXAS INSTRS INC | $285.06 | -6.65% | 52.30% | 72.38% | — | — | −37,161 | EXITED |
| 29 | FICO | FAIR ISAAC CORP | $1137.33 | -2.52% | -35.93% | 117.08% | — | — | −2,738 | EXITED |
| 30 | NOW | SERVICENOW INC | $112.45 | -5.79% | -45.42% | -4.36% | — | — | −20,000 | EXITED |
Source: SEC EDGAR · accession 0001193125-26-220761. 13F discloses long positions only — shorts, foreign equities, and options are excluded.