Soapstone Management L.P. Diversified Active

Location: Bethesda, MD

CIK: 0001726948 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $136M (100.0% shares, 0.0% debt)

Holdings (13)

AGI ALAMOS GOLD INC NEW 19.8%

Value $26.82M Shares 695,285 Share Price $38.58 * Est. Cost/Share $31.45 Unrealized @ Report Date +10.8%

CSTM CONSTELLIUM SE 18.8%

Value $25.45M Shares 1,350,000 Share Price $18.85 * Est. Cost/Share $14.55 Unrealized @ Report Date +14.1%

PSA PUBLIC STORAGE OPER CO 14.3%

Value $19.46M Shares 75,000 Share Price $259.50 * Est. Cost/Share $286.76 Unrealized @ Report Date -3.3%

CFG CITIZENS FINL GROUP INC 9.7%

Value $13.14M Shares 225,000 Share Price $58.41 * Est. Cost/Share $36.94 Unrealized @ Report Date +45.0%

MTN VAIL RESORTS INC 7.8%

Value $10.62M Shares 80,000 Share Price $132.80 * Est. Cost/Share $180.48 Unrealized @ Report Date -18.5%

BALL BALL CORP 7.8%

Value $10.59M Shares 200,000 Share Price $52.97 * Est. Cost/Share $49.09 Unrealized @ Report Date 0.0%

AWK AMERICAN WTR WKS CO INC NEW 7.2%

Value $9.787M Shares 75,000 Share Price $130.50 * Est. Cost/Share $132.70 Unrealized @ Report Date +0.4%

AMZN AMAZON COM INC 7.0%

Value $9.521M Shares 41,250 Share Price $230.82 Est. Cost/Share $150.22 Unrealized @ Report Date +52.3%

OLN OLIN CORP 2.3%

Value $3.124M Shares 150,000 Share Price $20.83 * Est. Cost/Share $27.59 Unrealized @ Report Date -22.3%

AEM AGNICO EAGLE MINES LTD 1.9%

Value $2.543M Shares 15,000 Share Price $169.53 Est. Cost/Share $81.14 Unrealized @ Report Date +106.9%

KNF KNIFE RIVER CORP 1.8%

Value $2.397M Shares 34,071 Share Price $70.35 Est. Cost/Share $70.23 Unrealized @ Report Date 0.0%

BLDR BUILDERS FIRSTSOURCE INC 1.1%

Value $1.543M Shares 15,000 Share Price $102.89 * Est. Cost/Share $26.60 Unrealized @ Report Date +322.5%

NEOG NEOGEN CORP 0.5%

Value $699K Shares 100,000 Share Price $6.99 * Est. Cost/Share $14.35 Unrealized @ Report Date -56.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AGI	ALAMOS GOLD INC NEW	695,285	$26.82M	19.8%	$38.58 *	$31.45	+10.8%	COM CL A	011532108
CSTM	CONSTELLIUM SE	1,350,000	$25.45M	18.8%	$18.85 *	$14.55	+14.1%	CL A SHS	F21107101
PSA	PUBLIC STORAGE OPER CO	75,000	$19.46M	14.3%	$259.50 *	$286.76	-3.3%	COM	74460D109
CFG	CITIZENS FINL GROUP INC	225,000	$13.14M	9.7%	$58.41 *	$36.94	+45.0%	COM	174610105
MTN	VAIL RESORTS INC	80,000	$10.62M	7.8%	$132.80 *	$180.48	-18.5%	COM	91879Q109
BALL	BALL CORP	200,000	$10.59M	7.8%	$52.97 *	$49.09	0.0%	COM	058498106
AWK	AMERICAN WTR WKS CO INC NEW	75,000	$9.787M	7.2%	$130.50 *	$132.70	+0.4%	COM	030420103
AMZN	AMAZON COM INC	41,250	$9.521M	7.0%	$230.82	$150.22	+52.3%	COM	023135106
OLN	OLIN CORP	150,000	$3.124M	2.3%	$20.83 *	$27.59	-22.3%	COM PAR $1	680665205
AEM	AGNICO EAGLE MINES LTD	15,000	$2.543M	1.9%	$169.53	$81.14	+106.9%	COM	008474108
KNF	KNIFE RIVER CORP	34,071	$2.397M	1.8%	$70.35	$70.23	0.0%	COMMON STOCK	498894104
BLDR	BUILDERS FIRSTSOURCE INC	15,000	$1.543M	1.1%	$102.89 *	$26.60	+322.5%	COM	12008R107
NEOG	NEOGEN CORP	100,000	$699K	0.5%	$6.99 *	$14.35	-56.2%	COM	640491106