140 Summer Partners LP

CIK 1820788 · View on SEC EDGAR ↗

Portfolio value
$1.4B
#1,948 of 9,443 by 13F value · top 20.6%
Positions
22
As of
June 30, 2026

Portfolio value QoQ: -14.4% 13F does not disclose cash

Top 10 holdings weight
69.98%
Top 25 holdings weight
100.00%
Positions above 1%
22
Effective number of positions
15.0

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 31.16% Est. buys $473,053,190 · sells $839,366,036

Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 37.3% still held

New positions
6
Increased
5
Decreased
9
Closed
8

Put-notional exposure: 1.6% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

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Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+35.0%
S&P 500 total return (same window)
+28.1%
Excess return
+7.0%

Annualized: +22.2% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 97.6% · Options excluded: 11.0%

Sector breakdown

Utilities
18.0%
Industrials
17.8%
Communications
14.4%
Technology
7.1%
Energy
7.0%
Real Estate
5.9%
Financials
5.9%
Consumer products
5.6%
Consumer Discretionary
5.1%
Financial Services
4.3%
Health Care
3.4%
Materials
3.0%
Telecommunication
2.6%

Full portfolio 22 positions

Type Streak 8Q trend
VSAT ViaSat, Inc. - Common Stock $201,787,712 14.41% 2,246,829 $160,202,686 Up ×1
PCG Pacific Gas & Electric Co. Common Stock $143,848,004 10.27% 8,552,200 Call option Up ×1
MTZ MasTec, Inc. Common Stock $111,573,978 7.97% 268,168 $5,650,735 Down ×3
KGS Kodiak Gas Services, Inc. Common Stock $97,829,027 6.99% 1,302,130 $22,250,856 Up ×1
GLPI Gaming and Leisure Properties, Inc. - Common Stock $83,000,491 5.93% 1,863,923 $298,227
SGI Somnigroup International Inc. Common Stock $78,030,501 5.57% 995,287 $25,040,505 Up ×2
VST Vistra Corp. Common Stock $74,116,854 5.29% 467,231 $1,547,452 Down ×1
VIK Viking Holdings Ltd Ordinary Shares $71,192,557 5.08% 680,162 $-13,275,716 Down ×1
COF Capital One Financial Corporation Common Stock $60,279,088 4.30% 300,464 $-11,292,214 Down ×2
AER AerCap Holdings N.V. Ordinary Shares $58,210,683 4.16% 399,305 $-11,554,401 Down ×5
HBAN Huntington Bancshares Incorporated - Common Stock $50,561,669 3.61% 2,851,758 $-994,392 Down ×1
BTDR Bitdeer Technologies Group - Ordinary Shares $50,075,246 3.58% 3,155,340 $43,418,682 Up ×1
CIFR Cipher Mining Inc. - Common Stock $49,762,342 3.55% 2,031,116 Up ×1
BKD Brookdale Senior Living Inc. Common Stock $47,321,012 3.38% 2,941,020 $8,073,092 Up ×1
TDS Telephone and Data Systems, Inc. Common Shares $35,849,107 2.56% 968,633 $-20,427,268 Down ×1
NVT nVent Electric plc Ordinary Shares $35,098,076 2.51% 206,934 Up ×1
PCG Pacific Gas & Electric Co. Common Stock $33,779,421 2.41% 2,008,289 $-52,889,225 Down ×1
BOH Bank of Hawaii Corporation Common Stock $31,775,151 2.27% 389,927 $1,892,125 Down ×1
AERO Grupo Aeromexico, S.A.B. de C.V. American Depositary Shares (each representing ten (10) Common Shares) $23,370,984 1.67% 1,298,388 $5,180,568
DOW Dow Inc. Common Stock $21,888,000 1.56% 800,000 Put option Up ×1
FLS Flowserve Corporation Common Stock $21,303,572 1.52% 287,265 Up ×1
BAK Braskem SA ADR $19,593,503 1.40% 8,030,124 Up ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
PCG $143,848,004 8,552,200 10.27%
CIFR $49,762,342 2,031,116 3.55%
NVT $35,098,076 206,934 2.51%
DOW $21,888,000 800,000 1.56%
FLS $21,303,572 287,265 1.52%
BAK $19,593,503 8,030,124 1.40%

Top movers (QoQ)

Security Action Shares Δ Value Δ
VSAT Bought more +1.3M +$160.2M
PCG Trimmed -2.9M -$52.9M
SGI Bought more +278K +$25.0M
KGS Bought more +6K +$22.3M
TDS Trimmed -368K -$20.4M
VIK Trimmed -469K -$13.3M
AER Trimmed -109K -$11.6M
COF Trimmed -92K -$11.3M
BKD Bought more +72K +$8.1M
MTZ Trimmed -61K +$5.7M

1 position hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
IWM June 30, 2026 1,104,000 $273,792,000 No longer tracked
UAL June 30, 2026 1,362,500 $125,445,375 -16.7%
PFSI March 31, 2026 669,892 $88,318,561 -13.3%
WBS March 31, 2026 1,360,474 $85,628,234 11.7%
AYI March 31, 2026 225,860 $81,318,634 23.3%
TMUS June 30, 2026 386,718 $81,222,382 8.8%
CRH March 31, 2026 644,044 $80,376,691 -11.2%
UNH June 30, 2025 151,935 $79,575,956 25.8%
COOP Dec. 31, 2025 331,376 $69,850,747 No longer tracked
DAL March 31, 2025 1,101,268 $66,626,714 87.7%
PNR March 31, 2026 607,112 $63,224,644 -25.6%
PGR Dec. 31, 2025 254,397 $62,823,339 -3.5%
SATS June 30, 2026 530,434 $62,097,908 No longer tracked
GSAT June 30, 2026 917,500 $60,940,350 1.3%
WAL Sept. 30, 2025 780,978 $60,900,664 -7.2%
SATS Sept. 30, 2025 1,774,352 $49,149,550 No longer tracked
MAS Dec. 31, 2025 668,746 $47,073,031 16.4%
OC June 30, 2025 328,166 $46,868,668 7.1%
TOL March 31, 2025 368,449 $46,406,152 37.8%
ENPH Sept. 30, 2025 1,159,000 $45,954,350 8.4%
CZR March 31, 2025 1,342,131 $44,854,018 18.5%
JBTM June 30, 2026 315,202 $40,304,880 -20.7%
BOH Dec. 31, 2025 558,553 $36,663,419 13.4%
ELV March 31, 2025 90,400 $33,348,560 -9.3%
NBIS March 31, 2025 815,079 $22,577,688 923.2%
ASTS Dec. 31, 2025 371,700 $18,243,036 -9.9%
VG Sept. 30, 2025 895,000 $13,944,100 1.6%
RUN June 30, 2025 2,232,000 $13,079,520 17.4%
WAL March 31, 2025 119,845 $10,011,851 4.8%
UWMC June 30, 2026 2,570,000 $9,303,400 -36.7%
CCO March 31, 2026 3,984,413 $8,805,553 0.0%
OPTU June 30, 2025 2,622,550 $6,975,983 -59.8%
HE March 31, 2026 434,100 $5,339,430 -20.2%
OPTU June 30, 2026 2,485,717 $3,231,432 -40.7%
NFE June 30, 2025 244,600 $2,032,626 -91.1%