Soroban Capital Partners LP Hedge Fund

CIK: 0001517857 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $14,332,029 (100.0% shares, 0.0% debt)

Holdings (29)

New Positions (3)

EFX EQUIFAX INC 1.8%

Value ($000) $261,519 Shares 1,019,449 Est. Cost $218.67 Unrealized 0.0%

PNW PINNACLE WEST CAP CORP 1.8%

Value ($000) $257,988 Shares 2,877,404 Est. Cost $89.23 Unrealized 0.0%

SPGI S&P GLOBAL INC 1.6%

Value ($000) $228,098 Shares 468,653 Est. Cost $494.21 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EFX	EQUIFAX INC	1,019,449	$261,519	1.8%	$218.67	0.0%	COM	294429105
PNW	PINNACLE WEST CAP CORP	2,877,404	$257,988	1.8%	$89.23	0.0%	COM	723484101
SPGI	S&P GLOBAL INC	468,653	$228,098	1.6%	$494.21	0.0%	COM	78409V104

Increased Positions (10)

MA MASTERCARD INCORPORATED 7.5%

Value ($000) $1,074,532 (+72.0%) Shares 1,889,087 (+72.0%) Est. Cost $498.29 Unrealized +12.2%

META META PLATFORMS INC 6.0%

Value ($000) $861,403 (+61.1%) Shares 1,172,966 (+61.1%) Est. Cost $652.48 Unrealized +2.3%

V VISA INC 5.9%

Value ($000) $848,199 (+46.9%) Shares 2,484,618 (+46.9%) Est. Cost $294.46 Unrealized +15.6%

TSM TAIWAN SEMICONDUCTOR MFG LTD 5.2%

Value ($000) $738,181 (+43.3%) Shares 2,643,064 (+43.3%) Est. Cost $210.90 Unrealized —

TDG TRANSDIGM GROUP INC 6.9%

Value ($000) $985,839 (+28.7%) Shares 747,970 (+28.7%) Est. Cost $1351.69 Unrealized -3.0%

SO SOUTHERN CO 4.0%

Value ($000) $577,491 (+43.4%) Shares 6,093,608 (+43.4%) Est. Cost $87.56 Unrealized +3.8%

DTE DTE ENERGY CO 2.0%

Value ($000) $282,649 (+135.2%) Shares 1,998,510 (+135.2%) Est. Cost $121.30 Unrealized +11.1%

BN BROOKFIELD CORP 1.8%

Value ($000) $262,685 (+50.0%) Shares 5,745,527 (+50.0%) Est. Cost $30.53 Unrealized +49.2%

WEC WEC ENERGY GROUP INC 1.1%

Value ($000) $159,013 (+26.4%) Shares 1,387,672 (+26.4%) Est. Cost $100.58 Unrealized +9.6%

NI NISOURCE INC 1.6%

Value ($000) $233,291 (+4.6%) Shares 5,387,780 (+4.6%) Est. Cost $31.97 Unrealized +33.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INCORPORATED	1,889,087 (+72.0%)	$1,074,532 (+72.0%)	7.5%	$498.29	+12.2%	CL A	57636Q104
META	META PLATFORMS INC	1,172,966 (+61.1%)	$861,403 (+61.1%)	6.0%	$652.48	+2.3%	CL A	30303M102
V	VISA INC	2,484,618 (+46.9%)	$848,199 (+46.9%)	5.9%	$294.46	+15.6%	COM CL A	92826C839
TSM	TAIWAN SEMICONDUCTOR MFG LTD	2,643,064 (+43.3%)	$738,181 (+43.3%)	5.2%	$210.90	—	SPONSORED ADS	874039100
TDG	TRANSDIGM GROUP INC	747,970 (+28.7%)	$985,839 (+28.7%)	6.9%	$1351.69	-3.0%	COM	893641100
SO	SOUTHERN CO	6,093,608 (+43.4%)	$577,491 (+43.4%)	4.0%	$87.56	+3.8%	COM	842587107
DTE	DTE ENERGY CO	1,998,510 (+135.2%)	$282,649 (+135.2%)	2.0%	$121.30	+11.1%	COM	233331107
BN	BROOKFIELD CORP	5,745,527 (+50.0%)	$262,685 (+50.0%)	1.8%	$30.53	+49.2%	CL A LTD VT SH	11271J107
WEC	WEC ENERGY GROUP INC	1,387,672 (+26.4%)	$159,013 (+26.4%)	1.1%	$100.58	+9.6%	COM	92939U106
NI	NISOURCE INC	5,387,780 (+4.6%)	$233,291 (+4.6%)	1.6%	$31.97	+33.3%	COM	65473P105

Exited Positions (4)

FE FIRSTENERGY CORP 1.1%

Value ($000) $151,799 Shares 3,312,944 Est. Cost $37.08 Unrealized +23.3%

PPL PPL CORP 0.3%

Value ($000) $44,178 Shares 1,188,847 Est. Cost $26.60 Unrealized +34.7%

TMO THERMO FISHER SCIENTIFIC INC 0.3%

Value ($000) $40,453 Shares 83,404 Est. Cost $464.78 Unrealized +21.6%

DHR DANAHER CORPORATION 0.2%

Value ($000) $29,533 Shares 148,962 Est. Cost $198.37 Unrealized +10.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FE	FIRSTENERGY CORP	3,312,944	$151,799	1.1%	$37.08	+23.3%	—	337932107
PPL	PPL CORP	1,188,847	$44,178	0.3%	$26.60	+34.7%	—	69351T106
TMO	THERMO FISHER SCIENTIFIC INC	83,404	$40,453	0.3%	$464.78	+21.6%	—	883556102
DHR	DANAHER CORPORATION	148,962	$29,533	0.2%	$198.37	+10.7%	—	235851102

Decreased Positions (9)

AMZN AMAZON COM INC 4.6%

Value ($000) $658,710 (-40.0%) Shares 3,000,000 (-40.0%) Est. Cost $211.98 Unrealized +7.9%

AMZN AMAZON COM INC 9.1%

Value ($000) $1,301,171 (-17.2%) Shares 5,925,996 (-17.2%) Est. Cost $211.98 Unrealized +7.9%

AEP AMERICAN ELEC PWR CO INC 2.0%

Value ($000) $288,674 (-35.9%) Shares 2,565,987 (-35.9%) Est. Cost $93.09 Unrealized +26.4%

FERG FERGUSON ENTERPRISES INC 4.7%

Value ($000) $668,842 (-18.5%) Shares 2,978,192 (-18.5%) Est. Cost $170.91 Unrealized +39.2%

CSX CSX CORP 1.0%

Value ($000) $144,617 (-47.3%) Shares 4,072,561 (-47.3%) Est. Cost $29.49 Unrealized +21.1%

GOOGL ALPHABET INC 1.4%

Value ($000) $204,172 (-33.2%) Shares 839,870 (-33.2%) Est. Cost $151.18 Unrealized +88.9%

MSFT MICROSOFT CORP 14.0%

Value ($000) $2,013,342 (-2.6%) Shares 3,887,135 (-2.6%) Est. Cost $269.11 Unrealized +86.0%

CMS CMS ENERGY CORP 0.5%

Value ($000) $77,566 (-33.3%) Shares 1,058,781 (-33.3%) Est. Cost $69.52 Unrealized +4.3%

ETR ENTERGY CORP NEW 2.1%

Value ($000) $300,308 (-6.3%) Shares 3,222,534 (-6.3%) Est. Cost $64.61 Unrealized +46.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	3,000,000 (-40.0%)	$658,710 (-40.0%)	4.6%	$211.98	+7.9%	CALL	023135106
AMZN	AMAZON COM INC	5,925,996 (-17.2%)	$1,301,171 (-17.2%)	9.1%	$211.98	+7.9%	COM	023135106
AEP	AMERICAN ELEC PWR CO INC	2,565,987 (-35.9%)	$288,674 (-35.9%)	2.0%	$93.09	+26.4%	COM	025537101
FERG	FERGUSON ENTERPRISES INC	2,978,192 (-18.5%)	$668,842 (-18.5%)	4.7%	$170.91	+39.2%	COMMON STOCK NEW	31488V107
CSX	CSX CORP	4,072,561 (-47.3%)	$144,617 (-47.3%)	1.0%	$29.49	+21.1%	COM	126408103
GOOGL	ALPHABET INC	839,870 (-33.2%)	$204,172 (-33.2%)	1.4%	$151.18	+88.9%	CAP STK CL A	02079K305
MSFT	MICROSOFT CORP	3,887,135 (-2.6%)	$2,013,342 (-2.6%)	14.0%	$269.11	+86.0%	COM	594918104
CMS	CMS ENERGY CORP	1,058,781 (-33.3%)	$77,566 (-33.3%)	0.5%	$69.52	+4.3%	COM	125896100
ETR	ENTERGY CORP NEW	3,222,534 (-6.3%)	$300,308 (-6.3%)	2.1%	$64.61	+46.3%	COM	29364G103

Unchanged Positions (7)

QSR RESTAURANT BRANDS INTL INC 0.1%

Value ($000) $19,242 Shares 300,000 Est. Cost $70.28 Unrealized -2.0%

STX SEAGATE TECHNOLOGY HLDNGS PL 0.9%

Value ($000) $126,142 Shares 534,364 Est. Cost $101.82 Unrealized +154.3%

AEE AMEREN CORP 0.9%

Value ($000) $130,289 Shares 1,248,221 Est. Cost $72.27 Unrealized +41.1%

UNP UNION PAC CORP 1.7%

Value ($000) $241,767 Shares 1,022,833 Est. Cost $223.15 Unrealized +1.9%

WDC WESTERN DIGITAL CORP 1.0%

Value ($000) $137,622 Shares 1,146,273 Est. Cost $47.45 Unrealized +219.4%

REXR REXFORD INDL RLTY INC 2.6%

Value ($000) $377,844 Shares 9,191,038 Est. Cost $37.85 Unrealized —

GOOG ALPHABET INC 6.1%

Value ($000) $870,833 Shares 3,575,580 Est. Cost $134.68 Unrealized +112.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QSR	RESTAURANT BRANDS INTL INC	300,000	$19,242	0.1%	$70.28	-2.0%	COM	76131D103
STX	SEAGATE TECHNOLOGY HLDNGS PL	534,364	$126,142	0.9%	$101.82	+154.3%	ORD SHS	G7997R103
AEE	AMEREN CORP	1,248,221	$130,289	0.9%	$72.27	+41.1%	COM	023608102
UNP	UNION PAC CORP	1,022,833	$241,767	1.7%	$223.15	+1.9%	COM	907818108
WDC	WESTERN DIGITAL CORP	1,146,273	$137,622	1.0%	$47.45	+219.4%	COM	958102105
REXR	REXFORD INDL RLTY INC	9,191,038	$377,844	2.6%	$37.85	—	COM	76169C100
GOOG	ALPHABET INC	3,575,580	$870,833	6.1%	$134.68	+112.6%	CAP STK CL C	02079K107