Hill City Capital, LP
13F Reported Value
ⓘ$2.8B
Holdings
23
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
Hill City Capital, LP disclosed 23 positions worth $2.8B in its Form 13F-HR for Q1 2026, led by $MTZ (MASTEC INC) at 24.8% of the equity portfolio, followed by $FSLR and $DY. During the quarter the fund opened 4 new positions and exited 4 — including a new stake in $STM and a full exit from $MMM. The portfolio is most concentrated in Energy (41.9% of disclosed assets). All figures are sourced directly from Hill City Capital, LP’s Form 13F-HR filing with the SEC under CIK 1837343.
AI Fund Analysis
StableSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
- 59.7#906
Quality
$693.3M2,155,000 sh - 73.8#178
Quality
$429.5M2,177,540 sh - 62.1#759
Quality
$342.1M1,009,784 sh - 52.1
Quality
$149.9M4,200,000 sh - 56.9
Quality
$133.1M1,110,048 sh - —
Quality
$123.6M10,802,750 sh - 42.7
Quality
$117.7M4,030,000 sh - —
Quality
$113.2M1,076,400 sh - 51.8
Quality
$109.8M551,483 sh - —
Quality
$106.5M5,621,700 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 MASTEC INC$MTZ | 59.7#906 | $693.3M | 2,155,000 |
 FIRST SOLAR, INC.$FSLR | 73.8#178 | $429.5M | 2,177,540 |
 DYCOM INDUSTRIES INC$DY | 62.1#759 | $342.1M | 1,009,784 |
 INTERNATIONAL PAPER CO /NEW/$IP | 52.1 | $149.9M | 4,200,000 |
 GRANITE CONSTRUCTION INC$GVA | 56.9 | $133.1M | 1,110,048 |
 CEMEX SAB DE CV$CX | — | $123.6M | 10,802,750 |
 Centuri Holdings, Inc.$CTRI | 42.7 | $117.7M | 4,030,000 |
 CRH PUBLIC LTD CO$CRH | — | $113.2M | 1,076,400 |
 BOEING CO$BA | 51.8 | $109.8M | 551,483 |
 James Hardie Industries plc$JHX | — | $106.5M | 5,621,700 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Hill City Capital, LP's 23 positions.
Showing top 10 of 23 holdings.
Sector Allocation
Energy
$1.2B
Technology
$599.4M
Materials
$543.9M
Industrials
$347.9M
Consumer Discretionary
$136.1M
Full Holdings — Hill City Capital, LP (Q1 2026)
All 23 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $MTZ | MASTEC INC | $693.3M | 24.8% | +0% | 59.7 |
| 2 | $FSLR | FIRST SOLAR, INC. | $429.5M | 15.3% | +4% | 73.8 |
| 3 | $DY | DYCOM INDUSTRIES INC | $342.1M | 12.2% | +0% | 62.1 |
| 4 | $IP | INTERNATIONAL PAPER CO /NEW/ | $149.9M | 5.4% | +73% | 52.1 |
| 5 | $GVA | GRANITE CONSTRUCTION INC | $133.1M | 4.8% | +0% | 56.9 |
| 6 | $CX | CEMEX SAB DE CV | $123.6M | 4.4% | +0% | — |
| 7 | $CTRI | Centuri Holdings, Inc. | $117.7M | 4.2% | +0% | 42.7 |
| 8 | $CRH | CRH PUBLIC LTD CO | $113.2M | 4.0% | +3% | — |
| 9 | $BA | BOEING CO | $109.8M | 3.9% | +6% | 51.8 |
| 10 | $JHX | James Hardie Industries plc | $106.5M | 3.8% | +10% | — |
| 11 |  $ARRY | Array Technologies, Inc. | $93.2M | 3.3% | +0% | 50.3 |
| 12 |  $STM | STMicroelectronics N.V. | $79.5M | 2.8% | NEW | — |
| 13 |  $WMS | ADVANCED DRAINAGE SYSTEMS, INC. | $50.7M | 1.8% | +131% | 58 |
| 14 |  $ATS | ATS Corp /ATS | $46.5M | 1.7% | +0% | — |
| 15 |  $ATKR | Atkore Inc. | $42.9M | 1.5% | +0% | 34 |
| 16 |  $CNM | Core & Main, Inc. | $42.9M | 1.5% | +9% | 63.4 |
| 17 |  $ENS | EnerSys | $33.0M | 1.2% | -59% | 56 |
| 18 |  $TREX | TREX CO INC | $20.0M | 0.7% | -0% | 60.1 |
| 19 |  $WBI | WaterBridge Infrastructure LLC | $18.8M | 0.7% | +0% | — |
| 20 |  $TFII | TFI International Inc. | $15.8M | 0.6% | +0% | — |
| 21 |  $EQPT | EquipmentShare.com Inc | $15.3M | 0.6% | NEW | — |
| 22 |  $WOLF | WOLFSPEED, INC. | $14.4M | 0.5% | NEW | 28.4 |
| 23 |  $MWH | SOLV Energy, Inc. | $7.5M | 0.3% | NEW | — |
New Positions (4)
Browse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
Available Analysis
13F Pro tracks comprehensive institutional data for Hill City Capital, LP including:
Track Hill City Capital, LP's Full Portfolio
See every holding, quarter-over-quarter changes, sector allocation, and accumulation patterns for Hill City Capital, LP and 8,700+ other institutional investors.
Free tier includes full 13F search and fund profiles. Pro starts at $6.67/mo (billed annually).
AI-Powered Hedge Fund Analysis: Hill City Capital, LP
13F Pro is an AI hedge fund tracker and stock research platform. For Hill City Capital, LP (SEC CIK: 1837343), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Hill City Capital, LP's portfolio is scored on a 32-signal AI quality ranking (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.