Q2 2025 · 13F-HR
Hill City Capital, LPholdings as filed
Filed 2025-08-14 · accession 0001837343-25-000005
$2.02B
Reported value
20
Positions
2025-06-30
Period end
The Brief · Hill City Capital, LP · Q2 2025
AI · grounded in 13F
Hill City Capital, LP established a new position in First Solar Inc FSLR valued at $519.8M. The fund also initiated new stakes in MasTec Inc MTZ for $367.3M and Dycom Inds Inc DY for $246.8M. Other new additions include Spirit Aerosystems Hldgs Inc S9Q, Granite Constr Inc GVA, and CRH PLC CRH. The fund ended the period with 19 positions and total AUM of $2.02B.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 576323109 | MTZ | MASTEC INC | $367.3M | 18.2% | 2,155,000 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $355.9M | 17.6% | 2,150,000 | Common | SOLE |
| 267475101 | DY | DYCOM INDS INC | $246.8M | 12.2% | 1,009,784 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $163.9M | 8.11% | 990,000 | CALL | SOLE |
| 848574109 | S9Q | SPIRIT AEROSYSTEMS HLDGS INC | $150.7M | 7.45% | 3,949,299 | Common | SOLE |
| 387328107 | GVA | GRANITE CONSTR INC | $103.8M | 5.14% | 1,110,548 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $100.7M | 4.98% | 1,097,000 | Common | SOLE |
| 460146103 | IP | INTERNATIONAL PAPER CO | $90.4M | 4.47% | 1,930,000 | Common | SOLE |
| 04271T100 | ARRY | ARRAY TECHNOLOGIES INC | $84.2M | 4.16% | 14,265,335 | Common | SOLE |
| 155923105 | CTRI | CENTURI HOLDINGS INC | $68.0M | 3.36% | 3,030,000 | Common | SOLE |
| 88579Y101 | MMM | 3M CO | $56.3M | 2.79% | 370,000 | Common | SOLE |
| 21874C102 | CNM | CORE & MAIN INC | $46.7M | 2.31% | 774,200 | Common | SOLE |
| 00217Y104 | ATS | ATS CORP | $39.0M | 1.93% | 1,224,857 | Common | SOLE |
| 29275Y102 | ENS | ENERSYS | $38.4M | 1.90% | 447,500 | Common | SOLE |
| 151290889 | CX | CEMEX SAB DE CV | $29.5M | 1.46% | 4,252,500 | Common | SOLE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $28.0M | 1.39% | 240,000 | Common | SOLE |
| 78573M104 | SABR | SABRE CORP | $14.7M | 0.73% | 4,667,000 | Common | SOLE |
| 87241L109 | TFII | TFI INTERNATIONAL INC | $13.0M | 0.64% | 145,000 | Common | SOLE |
| 96208T104 | WEX | WEX INC | $12.5M | 0.62% | 85,000 | Common | SOLE |
| 82982L103 | SITE | SITEONE LANDSCAPE SUPPLY INC | $12.1M | 0.60% | 100,250 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.