KETTLE HILL CAPITAL MANAGEMENT, LLC — 13F Holdings & Portfolio
CIK 1387369 · latest 13F-HR filed 2026-05-15
KETTLE HILL CAPITAL MANAGEMENT, LLC manages $399.1M in 13F-reported U.S. long-equity assets across 45 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are CHDN (6.68%), MTN (6.64%), RKT (5.61%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 28 new positions, exited 22, added to 6, and trimmed 11.
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.
$399.1M
Long-equity book
45
Distinct positions
2026-03-31
Filed 2026-05-15
+28 / −22 / ↑6 / ↓11
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- FRANKLIN RESOURCES INC$12.7M +136.4%
- INTERNATIONAL FLAVORS&FRAGRA$8.8M +93.4%
- ROCKET COS INC$8.0M +55.3%
- PRIMO BRANDS CORPORATION$5.0M +81.5%
- AMAZON COM INC$3.9M +472.3%
Top Trims
- ELASTIC N V-$27.5M -92.5%
- SENTINELONE INC-$23.6M -91.5%
- VERIZON COMMUNICATIONS INC-$18.1M -77.1%
- WYNN RESORTS LTD-$15.3M -59.0%
- COMMERCIAL METALS CO-$9.3M -81.1%
New Positions
- CHURCHILL DOWNS INC$26.6M
- VAIL RESORTS INC$26.5M
- NXP SEMICONDUCTORS N V$20.1M
- CROWN CASTLE INC$12.2M
- GLOBALFOUNDRIES INC$11.2M
Exited Positions
- UNITY SOFTWARE INC$29.1M
- RH$28.9M
- BRAZE INC$25.6M
- PARSONS CORP DEL$16.2M
- AKAMAI TECHNOLOGIES INC$11.7M
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 | CHURCHILL DOWNS INC | CHDN | 171484108 | $26.6M | 6.68% | 296,633 | SH |
| 2 | VAIL RESORTS INC | MTN | 91879Q109 | $26.5M | 6.64% | 206,667 | SH |
| 3 | ROCKET COS INC | RKT | 77311W101 | $22.4M | 5.61% | 1,572,187 | SH |
| 4 | FRANKLIN RESOURCES INC | BEN | 354613101 | $22.0M | 5.52% | 933,204 | SH |
| 5 | NXP SEMICONDUCTORS N V | NXPI | N6596X109 | $20.1M | 5.03% | 101,925 | SH |
| 6 | INTERNATIONAL FLAVORS&FRAGRA | IFF | 459506101 | $18.2M | 4.57% | 251,203 | SH |
| 7 | HEALTHCARE RLTY TR | HR | 42226K105 | $17.8M | 4.46% | 1,048,205 | SH |
| 8 | PENN ENTERTAINMENT INC | PENN | 707569109 | $17.0M | 4.27% | 1,133,624 | SH |
| 9 | CROWN CASTLE INC | CCI | 22822V101 | $12.2M | 3.05% | 149,569 | SH |
| 10 | GLOBALFOUNDRIES INC | GFS | G39387108 | $11.2M | 2.81% | 252,534 | SH |
| 11 | PRIMO BRANDS CORPORATION | PRMB | 741623102 | $11.1M | 2.78% | 588,618 | SH |
| 12 | LULULEMON ATHLETICA INC | LULU | 550021109 | $11.0M | 2.77% | 72,146 | SH |
| 13 | ZIONS BANCORPORATION NATL AS | ZION | 989701107 | $11.0M | 2.75% | 190,803 | SH |
| 14 | TOLL BROTHERS INC | TOL | 889478103 | $10.9M | 2.74% | 80,222 | SH |
| 15 | VERSANT MEDIA GROUP INC | VSNT | 925283103 | $10.9M | 2.73% | 294,393 | SH |
| 16 | WYNN RESORTS LTD | WYNN | 983134107 | $10.6M | 2.66% | 104,425 | SH |
| 17 | UNDER ARMOUR INC | UAA | 904311107 | $10.5M | 2.64% | 1,784,741 | SH |
| 18 | MOELIS & CO | MC | 60786M105 | $8.9M | 2.22% | 155,446 | SH |
| 19 | AVANTOR INC | AVTR | 05352A100 | $8.8M | 2.22% | 1,128,537 | SH |
| 20 | GOLAR LNG LTD | GLNG | G9456A100 | $8.8M | 2.21% | 162,952 | SH |
| 21 | KINDER MORGAN INC DEL | KMI | 49456B101 | $8.5M | 2.13% | 253,690 | SH |
| 22 | PEBBLEBROOK HOTEL TR | PEB | 70509V100 | $7.5M | 1.87% | 591,428 | SH |
| 23 | WOLFSPEED INC | WOLF | 97785W106 | $6.0M | 1.50% | 365,868 | SH |
| 24 | ALLEGRO MICROSYSTEMS INC | ALGM | 01749D105 | $5.7M | 1.43% | 181,531 | SH |
| 25 | CARNIVAL CORP | CCL | 143658300 | $5.7M | 1.43% | 221,099 | SH |
| 26 | JPMORGAN CHASE & CO | JPM | 46625H100 | $5.6M | 1.40% | 19,052 | SH |
| 27 | MICROCHIP TECHNOLOGY INC. | MCHP | 595017104 | $5.6M | 1.39% | 86,069 | SH |
| 28 | FIFTH THIRD BANCORP | FITB | 316773100 | $5.6M | 1.39% | 119,596 | SH |
| 29 | ANALOG DEVICES INC | ADI | 032654105 | $5.5M | 1.39% | 17,433 | SH |
| 30 | RAYMOND JAMES FINL INC | RJF | 754730109 | $5.5M | 1.39% | 38,260 | SH |
| 31 | VERIZON COMMUNICATIONS INC | VZ | 92343V104 | $5.4M | 1.35% | 107,304 | SH |
| 32 | HUNTINGTON INGALLS INDS INC | HII | 446413106 | $4.9M | 1.24% | 13,014 | SH |
| 33 | AMAZON COM INC | AMZN | 023135106 | $4.8M | 1.19% | 22,877 | SH |
| 34 | BOBS DISC FURNITURE INC | BOBS | 09681N106 | $3.5M | 0.88% | 299,495 | SH |
| 35 | SBA COMMUNICATIONS CORP | SBAC | 78410G104 | $3.1M | 0.78% | 18,164 | SH |
| 36 | AMERICAN TOWER CORP | AMT | 03027X100 | $3.1M | 0.78% | 17,923 | SH |
| 37 | KIMCO REALTY CORP | KIM | 49446R109 | $2.7M | 0.68% | 120,064 | SH |
| 38 | FLOOR & DECOR HLDGS INC | FND | 339750101 | $2.5M | 0.64% | 49,964 | SH |
| 39 | ELASTIC N V | ESTC | N14506104 | $2.2M | 0.55% | 44,261 | SH |
| 40 | ALASKA AIR GROUP INC | ALK | 011659109 | $2.2M | 0.55% | 59,553 | SH |
| 41 | SENTINELONE INC | S | 81730H109 | $2.2M | 0.55% | 169,373 | SH |
| 42 | COMMERCIAL METALS CO | CMC | 201723103 | $2.2M | 0.54% | 35,317 | SH |
| 43 | AMRIZE LTD | AMRZ | H2927K103 | $1.9M | 0.48% | 34,526 | SH |
| 44 | MANCHESTER UTD PLC NEW | MANU | G5784H106 | $176.3K | 0.04% | 10,481 | SH |
| 45 | MATRIX SVC CO | MTRX | 576853105 | $172.3K | 0.04% | 15,005 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $399.1M | 45 | 0000919574-26-003253 |
| 2025-12-31 | 2026-02-17 | $448.4M | 39 | 0000919574-26-000979 |
| 2025-09-30 | 2025-11-14 | $444.5M | 36 | 0000919574-25-006809 |