Institutional
KETTLE HILL CAPITAL MANAGEMENT, LLC
CIK 0001387369
$399.1M
Reported AUM
45
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · KETTLE HILL CAPITAL MANAGEMENT, LLC · Q1 2026
AI · grounded in 13F
Kettle Hill Capital Management, LLC exited its position in Unity Software Inc, a move totaling -$29.1M. The fund also closed positions in RH for -$28.9M and BRZE for -$25.6M. On the buy side, the manager established new positions in CHDN for $26.6M and MTN for $26.5M. Additionally, the fund added a new position in NXP Semiconductors N V valued at $20.1M.
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 | CHDN | CHURCHILL DOWNS INC | $86.92 | 0.88% | -11.03% | -4.89% | $26.6M | 6.68% | +296,633 | NEW |
| 2 | MTN | VAIL RESORTS INC | $135.37 | 0.72% | -4.27% | -45.96% | $26.5M | 6.64% | +206,667 | NEW |
| 3 | RKT | ROCKET COS INC | $12.65 | -4.38% | -0.94% | -16.53% | $22.4M | 5.61% | +827,055 | +111.0% |
| 4 | BEN | FRANKLIN RESOURCES INC | $31.33 | -2.00% | 51.45% | 34.48% | $22.0M | 5.52% | +542,858 | +139.1% |
| 5 | NXPI | NXP SEMICONDUCTORS N V | $295.96 | -8.15% | 45.22% | 56.38% | $20.1M | 5.03% | +101,925 | NEW |
| 6 | IFF | INTERNATIONAL FLAVORS&FRAGRA | $73.01 | -0.30% | -2.75% | -44.86% | $18.2M | 4.57% | +111,400 | +79.7% |
| 7 | HR | HEALTHCARE RLTY TR | $19.65 | 0.41% | 43.37% | 9.47% | $17.8M | 4.46% | −326,038 | −23.7% |
| 8 | PENN | PENN ENTERTAINMENT INC | $19.23 | -2.04% | 23.35% | -71.88% | $17.0M | 4.27% | −639,766 | −36.1% |
| 9 | CCI | CROWN CASTLE INC | $94.49 | 0.75% | -0.01% | -38.48% | $12.2M | 3.05% | +149,569 | NEW |
| 10 | GFS | GLOBALFOUNDRIES INC | $75.53 | -10.83% | 100.19% | 9.08% | $11.2M | 2.81% | +252,534 | NEW |
| 11 | PRMB | PRIMO BRANDS CORPORATION | $22.95 | -0.30% | -25.29% | 57.28% | $11.1M | 2.78% | +215,115 | +57.6% |
| 12 | LULU | LULULEMON ATHLETICA INC | $114.23 | -8.56% | -56.94% | -71.45% | $11.0M | 2.77% | +72,146 | NEW |
| 13 | ZION | ZIONS BANCORPORATION NATL AS | $63.23 | 0.29% | 32.45% | 44.14% | $11.0M | 2.75% | +190,803 | NEW |
| 14 | TOL | TOLL BROTHERS INC | $137.91 | -1.37% | 29.48% | 145.61% | $10.9M | 2.74% | +80,222 | NEW |
| 15 | VSNT | VERSANT MEDIA GROUP INC | $40.19 | -0.07% | -13.61% | 24.62% | $10.9M | 2.73% | +294,393 | NEW |
| 16 | WYNN | WYNN RESORTS LTD | $104.48 | 0.85% | 26.58% | 9.84% | $10.6M | 2.66% | −110,760 | −51.5% |
| 17 | UAA | UNDER ARMOUR INC | $5.56 | -0.36% | -17.51% | -72.81% | $10.5M | 2.64% | +1,784,741 | NEW |
| 18 | MC | MOELIS & CO | $67.86 | -1.99% | 19.55% | 49.24% | $8.9M | 2.22% | +155,446 | NEW |
| 19 | AVTR | AVANTOR INC | $9.16 | -3.78% | -29.92% | -75.63% | $8.8M | 2.22% | +1,128,537 | NEW |
| 20 | GLNG | GOLAR LNG LTD | $50.67 | -1.44% | 24.26% | 405.11% | $8.8M | 2.21% | +4,391 | +2.8% |
| 21 | KMI | KINDER MORGAN INC DEL | $31.68 | -0.06% | 17.25% | 140.30% | $8.5M | 2.13% | −388,569 | −60.5% |
| 22 | PEB | PEBBLEBROOK HOTEL TR | $16.89 | 0.30% | 76.38% | -23.88% | $7.5M | 1.87% | −198,304 | −25.1% |
| 23 | WOLF | WOLFSPEED INC | $55.06 | -17.89% | 125.93% | 109.19% | $6.0M | 1.50% | +365,868 | NEW |
| 24 | ALGM | ALLEGRO MICROSYSTEMS INC | $46.39 | -13.48% | 61.02% | 69.24% | $5.7M | 1.43% | +181,531 | NEW |
| 25 | CCL1EUR | CARNIVAL CORP | — | — | — | — | $5.7M | 1.43% | +221,099 | NEW |
| 26 | JPM | JPMORGAN CHASE & CO | $312.37 | 0.48% | 19.84% | 133.52% | $5.6M | 1.40% | −17,884 | −48.4% |
| 27 | MCHP | MICROCHIP TECHNOLOGY INC. | $88.34 | -8.27% | 39.06% | 37.28% | $5.6M | 1.39% | +86,069 | NEW |
| 28 | FITB | FIFTH THIRD BANCORP | $52.01 | 0.41% | 36.71% | 71.60% | $5.6M | 1.39% | +119,596 | NEW |
| 29 | ADI | ANALOG DEVICES INC | $401.39 | -6.38% | 83.85% | 160.94% | $5.5M | 1.39% | +17,433 | NEW |
| 30 | RJF | RAYMOND JAMES FINL INC | $151.45 | 0.62% | 4.58% | 87.83% | $5.5M | 1.39% | +38,260 | NEW |
| 31 | VZ | VERIZON COMMUNICATIONS INC | $45.37 | 1.11% | — | — | $5.4M | 1.35% | −469,299 | −81.4% |
| 32 | HII | HUNTINGTON INGALLS INDS INC | $293.04 | -0.51% | — | — | $4.9M | 1.24% | −5,043 | −27.9% |
| 33 | AMZN | AMAZON COM INC | $246.03 | -3.06% | — | — | $4.8M | 1.19% | +19,270 | +534.2% |
| 34 | BOBS | BOBS DISC FURNITURE INC | $12.29 | -6.47% | — | — | $3.5M | 0.88% | +299,495 | NEW |
| 35 | SBAC | SBA COMMUNICATIONS CORP | $208.02 | 0.08% | — | — | $3.1M | 0.78% | +18,164 | NEW |
| 36 | AMT | AMERICAN TOWER CORP | $194.12 | 0.11% | — | — | $3.1M | 0.78% | +17,923 | NEW |
| 37 | KIM | KIMCO REALTY CORP | $24.23 | 0.92% | — | — | $2.7M | 0.68% | +120,064 | NEW |
| 38 | FND | FLOOR & DECOR HLDGS INC | $47.41 | -3.05% | — | — | $2.5M | 0.64% | +49,964 | NEW |
| 39 | ESTC | ELASTIC N V | $61.79 | -5.07% | — | — | $2.2M | 0.55% | −349,295 | −88.8% |
| 40 | ALK | ALASKA AIR GROUP INC | $42.82 | 0.30% | — | — | $2.2M | 0.55% | +59,553 | NEW |
| 41 | S | SENTINELONE INC | $15.95 | -3.51% | — | — | $2.2M | 0.55% | −1,547,008 | −90.1% |
| 42 | CMC | COMMERCIAL METALS CO | $74.15 | -2.78% | — | — | $2.2M | 0.54% | −130,198 | −78.7% |
| 43 | AMRZ | AMRIZE LTD | $53.58 | -1.43% | — | — | $1.9M | 0.48% | +34,526 | NEW |
| 44 | MANU | MANCHESTER UTD PLC NEW | $21.95 | -2.96% | — | — | $176K | 0.04% | +10,481 | NEW |
| 45 | MTRX | MATRIX SVC CO | $13.56 | -4.91% | — | — | $172K | 0.04% | +15,005 | NEW |
| 46 | U | UNITY SOFTWARE INC | $29.17 | -2.86% | — | — | — | — | −658,005 | EXITED |
| 47 | RH | RH | $146.63 | -4.32% | — | — | — | — | −161,122 | EXITED |
| 48 | BRZE | BRAZE INC | $22.91 | -0.99% | — | — | — | — | −747,715 | EXITED |
| 49 | PSN | PARSONS CORP DEL | $58.72 | -3.17% | — | — | — | — | −262,713 | EXITED |
| 50 | AKAM | AKAMAI TECHNOLOGIES INC | $149.32 | -6.08% | — | — | — | — | −133,688 | EXITED |
| 51 | LKQ | LKQ CORP | $25.22 | -0.16% | — | — | — | — | −385,879 | EXITED |
| 52 | TDS | TELEPHONE & DATA SYS INC | $39.16 | -1.26% | — | — | — | — | −236,635 | EXITED |
| 53 | 8QR | CONFLUENT INC | — | — | — | — | — | — | −249,270 | EXITED |
| 54 | SON | SONOCO PRODS CO | $47.49 | -0.73% | — | — | — | — | −137,805 | EXITED |
| 55 | SKY | CHAMPION HOMES INC | $74.77 | 0.25% | — | — | — | — | −70,343 | EXITED |
| 56 | EXE | EXPAND ENERGY CORPORATION | $92.07 | -1.42% | — | — | — | — | −53,730 | EXITED |
| 57 | EQT | EQT CORP | $53.75 | -2.70% | — | — | — | — | −108,791 | EXITED |
| 58 | LUV | SOUTHWEST AIRLS CO | $41.54 | 0.56% | — | — | — | — | −140,208 | EXITED |
| 59 | SHAK | SHAKE SHACK INC | $52.34 | -1.91% | — | — | — | — | −71,284 | EXITED |
| 60 | AMR | ALPHA METALLURGICAL RESOUR I | $202.38 | -5.96% | — | — | — | — | −24,127 | EXITED |
| 61 | CPRI | CAPRI HOLDINGS LIMITED | $18.87 | 0.21% | — | — | — | — | −120,091 | EXITED |
| 62 | ENPH | ENPHASE ENERGY INC | $56.07 | -18.01% | — | — | — | — | −72,794 | EXITED |
| 63 | AAON | AAON INC | $132.62 | -7.68% | — | — | — | — | −30,053 | EXITED |
| 64 | RXO | RXO INC | $26.86 | -2.79% | — | — | — | — | −136,015 | EXITED |
| 65 | GOOGL | ALPHABET INC | $368.53 | -0.98% | — | — | — | — | −2,673 | EXITED |
| 66 | META | META PLATFORMS INC | $593.00 | -5.51% | — | — | — | — | −1,260 | EXITED |
| 67 | TSLA | TESLA INC | $391.00 | -6.56% | — | — | — | — | −1,231 | EXITED |
Source: SEC EDGAR · accession 0000919574-26-003253. 13F discloses long positions only — shorts, foreign equities, and options are excluded.