Northern Right Capital Management, L.P. — 13F Holdings & Portfolio

CIK 1346543 · latest 13F-HR filed 2026-08-14

Northern Right Capital Management, L.P. manages $336.9M in 13F-reported U.S. long-equity assets across 27 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are FTAI (10.69%), NWSA (9.88%), TKO (9.84%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 9 new positions, exited 7, added to 11, and trimmed 3.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
9 OLD KINGS HWY. S.
4TH FLOOR
DARIEN, CT 06820
Phone
(203) 951-6084
Filing Manager
Northern Right Capital Management, L.P.
DARIEN, CT
Signatory
Richard Billig
Chief Compliance Officer & Chief Operating Officer
Loading holdings…
AUM

$336.9M

Long-equity book

Holdings

27

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+9 / −7 / ↑11 / ↓3

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • FTAI AVIATION LTD$10.7M +42.4%
  • TKO GROUP HOLDINGS INC$9.4M +39.4%
  • STRATA CRITICAL MEDICAL INC$8.7M +50.7%
  • EBAY INC.$8.1M +356.7%
  • HUT 8 CORP$7.4M +87.5%
Show all 11

Top Trims

  • ECHOSTAR CORP-$4.0M -20.4%
  • ARES MANAGEMENT CORPORATION-$1.3M -11.9%
  • APARTMENT INVT & MGMT CO-$527.3K -27.0%
Show all 3

New Positions

  • TERAWULF INC$19.1M
  • HEWLETT PACKARD ENTERPRISE C$18.0M
  • CORE SCIENTIFIC INC NEW$15.9M
  • ZOOM COMMUNICATIONS INC$13.6M
  • COMSTOCK INC$9.3M
Show all 9

Exited Positions

  • HOWARD HUGHES HOLDINGS INC$24.2M
  • NASDAQ INC$19.3M
  • NETFLIX INC.$13.7M
  • RITHM CAPITAL CORP$13.3M
  • SMARTRENT INC$7.5M
Show all 7
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 FTAI AVIATION LTD FTAI G3730V105 $36.0M 10.69% 133,190 SH
2 NEWS CORP NEW NWSA 65249B109 $33.3M 9.88% 1,340,878 SH
3 TKO GROUP HOLDINGS INC TKO 87256C101 $33.2M 9.84% 164,754 SH
4 STRATA CRITICAL MEDICAL INC SRTA 092667104 $25.8M 7.65% 4,890,584 SH
5 TERAWULF INC WULF 88080T104 $19.1M 5.67% 773,594 SH
6 HEWLETT PACKARD ENTERPRISE C HPE 42824C109 $18.0M 5.35% 399,868 SH
7 CENTURI HOLDINGS INC CTRI 155923105 $16.1M 4.77% 531,148 SH
8 CORE SCIENTIFIC INC NEW CORZ 21874A106 $15.9M 4.73% 622,587 SH
9 HUT 8 CORP HUT 44812J104 $15.9M 4.71% 137,356 SH
10 ECHOSTAR CORP ECHO 278768106 $15.6M 4.62% 153,377 SH
11 DUOS TECHNOLOGIES GROUP INC DUOT 266042407 $14.6M 4.34% 1,219,122 SH
12 ZOOM COMMUNICATIONS INC ZM 98980L101 $13.6M 4.02% 157,049 SH
13 EBAY INC. EBAY 278642103 $10.4M 3.08% 93,000 SH
14 ARES MANAGEMENT CORPORATION ARES 03990B101 $9.5M 2.80% 84,903 SH
15 COMSTOCK INC LODE 205750409 $9.3M 2.77% 2,246,637 SH
16 GREAT ELM GROUP INC GEG 39037G109 $9.3M 2.75% 4,243,168 SH
17 APOLLO GLOBAL MGMT INC APO 03769M106 $7.3M 2.15% 61,339 SH
18 YUM BRANDS INC YUM 988498101 $6.4M 1.90% 40,000 SH
19 BROOKFIELD RENEWABLE ENERGY BEP G16258108 $6.2M 1.85% 179,871 SH
20 NEBIUS GROUP N.V. NBIS N97284108 $4.2M 1.25% 15,290 SH
21 ENERGY TRANSFER L P ET 29273V100 $4.1M 1.21% 212,512 SH
22 NEWS CORP NEW NWS 65249B208 $3.9M 1.17% 140,459 SH
23 HYPERLIQUID STRATEGIES INC PURR 44916Y106 $2.8M 0.82% 350,000 SH
24 SPHERE ENTERTAINMENT CO SPHR 55826T102 $2.6M 0.77% 15,000 SH
25 GREAT ELM CAP CORP GECC 390320703 $2.1M 0.62% 383,971 SH
26 APARTMENT INVT & MGMT CO AIV 03748R747 $1.4M 0.42% 479,342 SH
27 ADEIA INC ADEA 00676P107 $500.5K 0.15% 15,200 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $336.9M 27 0001346543-26-000005
2026-03-31 2026-05-15 $281.0M 25 0001346543-26-000003
2025-12-31 2026-02-17 $380.9M 27 0001346543-26-000002
2025-09-30 2025-11-14 $323.1M 24 0001346543-25-000009