Soapstone Management L.P. Diversified Active

Location: BETHESDA, MD

CIK: 0001726948 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $140M (100.0% shares, 0.0% debt)

Holdings (12)

New Positions (5)

TFX TELEFLEX INCORPORATED 10.1%

Value $14.2M Shares 118,750 Est. Cost — Unrealized —

BDX BECTON DICKINSON & CO 5.5%

Value $7.665M Shares 48,750 Est. Cost — Unrealized —

ANGI ANGI INC 4.9%

Value $6.85M Shares 1,000,000 Est. Cost — Unrealized —

HDB HDFC BANK LTD 4.4%

Value $6.22M Shares 250,000 Est. Cost — Unrealized —

WDAY WORKDAY INC 1.6%

Value $2.274M Shares 17,500 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TFX	TELEFLEX INCORPORATED	118,750	$14.2M	10.1%	—	—	COM	879369106
BDX	BECTON DICKINSON & CO	48,750	$7.665M	5.5%	—	—	COM	075887109
ANGI	ANGI INC	1,000,000	$6.85M	4.9%	—	—	CL A NEW	00183L201
HDB	HDFC BANK LTD	250,000	$6.22M	4.4%	—	—	SPONSORED ADS	40415F101
WDAY	WORKDAY INC	17,500	$2.274M	1.6%	—	—	CL A	98138H101

Increased Positions (1)

AGI ALAMOS GOLD INC 23.7%

Value $33.32M (+24.2%) Shares 750,000 (+7.9%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AGI	ALAMOS GOLD INC	750,000 (+7.9%)	$33.32M (+24.2%)	23.7%	—	—	COM CL A	011532108

Exited Positions (6)

BALL BALL CORP 7.5%

Value $10.59M Shares 200,000 Est. Cost — Unrealized —

AWK AMERICAN WTR WKS CO INC NEW 7.0%

Value $9.787M Shares 75,000 Est. Cost — Unrealized —

OLN OLIN CORP 2.2%

Value $3.124M Shares 150,000 Est. Cost — Unrealized —

AEM AGNICO EAGLE MINES LTD 1.8%

Value $2.543M Shares 15,000 Est. Cost — Unrealized —

KNF KNIFE RIVER CORP 1.7%

Value $2.397M Shares 34,071 Est. Cost — Unrealized —

NEOG NEOGEN CORP 0.5%

Value $699K Shares 100,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BALL	BALL CORP	200,000	$10.59M	7.5%	—	—	—	058498106
AWK	AMERICAN WTR WKS CO INC NEW	75,000	$9.787M	7.0%	—	—	—	030420103
OLN	OLIN CORP	150,000	$3.124M	2.2%	—	—	—	680665205
AEM	AGNICO EAGLE MINES LTD	15,000	$2.543M	1.8%	—	—	—	008474108
KNF	KNIFE RIVER CORP	34,071	$2.397M	1.7%	—	—	—	498894104
NEOG	NEOGEN CORP	100,000	$699K	0.5%	—	—	—	640491106

Decreased Positions (2)

CSTM CONSTELLIUM SE 14.0%

Value $19.66M (-22.7%) Shares 800,000 (-40.7%) Est. Cost — Unrealized —

AMZN AMAZON COM INC 3.5%

Value $4.894M (-48.6%) Shares 23,500 (-43.0%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CSTM	CONSTELLIUM SE	800,000 (-40.7%)	$19.66M (-22.7%)	14.0%	—	—	CL A SHS	F21107101
AMZN	AMAZON COM INC	23,500 (-43.0%)	$4.894M (-48.6%)	3.5%	—	—	COM	023135106

Unchanged Positions (4)

PSA PUBLIC STORAGE OPER CO 14.5%

Value $20.32M Shares 75,000 Est. Cost — Unrealized —

MTN VAIL RESORTS INC 7.3%

Value $10.27M Shares 80,000 Est. Cost — Unrealized —

CFG CITIZENS FINL GROUP INC 9.6%

Value $13.49M Shares 225,000 Est. Cost — Unrealized —

BLDR BUILDERS FIRSTSOURCE INC 0.9%

Value $1.235M Shares 15,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PSA	PUBLIC STORAGE OPER CO	75,000	$20.32M	14.5%	—	—	COM	74460D109
MTN	VAIL RESORTS INC	80,000	$10.27M	7.3%	—	—	COM	91879Q109
CFG	CITIZENS FINL GROUP INC	225,000	$13.49M	9.6%	—	—	COM	174610105
BLDR	BUILDERS FIRSTSOURCE INC	15,000	$1.235M	0.9%	—	—	COM	12008R107