Hill City Capital, LP Long-Term Concentrated

Location: Boston, MA

CIK: 0001837343 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 14, 2025

Total Value: $1.343B (100.0% shares, 0.0% debt)

Holdings (17)

MTZ MASTEC INC 18.6%

Value $250M Shares 2,145,000 Share Price $116.71 * Est. Cost/Share $76.00 Unrealized @ Report Date +77.5%

— SPIRIT AEROSYSTEMS HLDGS INC 15.3%

Value $206M Shares 5,975,000 Share Price $34.46 Est. Cost/Share $22.55 Unrealized @ Report Date —

FSLR FIRST SOLAR INC 12.8%

Value $171M Shares 1,355,000 Share Price $126.43 * Est. Cost/Share $174.99 Unrealized @ Report Date -10.8%

DY DYCOM INDS INC 11.0%

Value $148M Shares 969,784 Share Price $152.34 * Est. Cost/Share $110.09 Unrealized @ Report Date +56.5%

CRH CRH PLC 7.2%

Value $96.5M Shares 1,097,000 Share Price $87.97 * Est. Cost/Share $55.70 Unrealized @ Report Date +75.3%

IP INTERNATIONAL PAPER CO 7.1%

Value $96.03M Shares 1,800,000 Share Price $53.35 Est. Cost/Share $44.02 Unrealized @ Report Date +19.8%

GVA GRANITE CONSTR INC 6.0%

Value $79.93M Shares 1,060,048 Share Price $75.40 * Est. Cost/Share $57.52 Unrealized @ Report Date +45.2%

ARRY ARRAY TECHNOLOGIES INC 5.2%

Value $69.47M Shares 14,265,335 Share Price $4.87 * Est. Cost/Share $14.13 Unrealized @ Report Date -54.4%

Value $54.34M Shares 370,000 Share Price $146.86 Est. Cost/Share $109.06 Unrealized @ Report Date +32.6%

CNM CORE & MAIN INC 2.8%

Value $37.4M Shares 774,200 Share Price $48.31 * Est. Cost/Share $34.91 Unrealized @ Report Date +48.5%

ATS ATS CORP 2.4%

Value $32.41M Shares 1,299,857 Share Price $24.93 * Est. Cost/Share $27.91 Unrealized @ Report Date 0.0%

BLDR BUILDERS FIRSTSOURCE INC 2.2%

Value $29.99M Shares 240,000 Share Price $124.94 * Est. Cost/Share $37.90 Unrealized @ Report Date +283.9%

ENS ENERSYS 2.2%

Value $29.08M Shares 317,500 Share Price $91.58 * Est. Cost/Share $74.02 Unrealized @ Report Date +30.6%

WEX WEX INC 1.0%

Value $13.35M Shares 85,000 Share Price $157.02 * Est. Cost/Share $165.43 Unrealized @ Report Date -0.5%

SABR SABRE CORP 1.0%

Value $13.11M Shares 4,667,000 Share Price $2.81 * Est. Cost/Share $6.82 Unrealized @ Report Date -48.1%

TFII TFI INTERNATIONAL INC 0.8%

Value $11.23M Shares 145,000 Share Price $77.45 * Est. Cost/Share $67.93 Unrealized @ Report Date +62.9%

SITE SITEONE LANDSCAPE SUPPLY INC 0.4%

Value $5.131M Shares 42,250 Share Price $121.44 * Est. Cost/Share $132.62 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MTZ	MASTEC INC	2,145,000	$250M	18.6%	$116.71 *	$76.00	+77.5%	COM	576323109
—	SPIRIT AEROSYSTEMS HLDGS INC	5,975,000	$206M	15.3%	$34.46	$22.55	—	COM CL A	848574109
FSLR	FIRST SOLAR INC	1,355,000	$171M	12.8%	$126.43 *	$174.99	-10.8%	COM	336433107
DY	DYCOM INDS INC	969,784	$148M	11.0%	$152.34 *	$110.09	+56.5%	COM	267475101
CRH	CRH PLC	1,097,000	$96.5M	7.2%	$87.97 *	$55.70	+75.3%	ORD	G25508105
IP	INTERNATIONAL PAPER CO	1,800,000	$96.03M	7.1%	$53.35	$44.02	+19.8%	COM	460146103
GVA	GRANITE CONSTR INC	1,060,048	$79.93M	6.0%	$75.40 *	$57.52	+45.2%	COM	387328107
ARRY	ARRAY TECHNOLOGIES INC	14,265,335	$69.47M	5.2%	$4.87 *	$14.13	-54.4%	COM SHS	04271T100
MMM	3M CO	370,000	$54.34M	4.0%	$146.86	$109.06	+32.6%	COM	88579Y101
CNM	CORE & MAIN INC	774,200	$37.4M	2.8%	$48.31 *	$34.91	+48.5%	CL A	21874C102
ATS	ATS CORP	1,299,857	$32.41M	2.4%	$24.93 *	$27.91	0.0%	COM	00217Y104
BLDR	BUILDERS FIRSTSOURCE INC	240,000	$29.99M	2.2%	$124.94 *	$37.90	+283.9%	COM	12008R107
ENS	ENERSYS	317,500	$29.08M	2.2%	$91.58 *	$74.02	+30.6%	COM	29275Y102
WEX	WEX INC	85,000	$13.35M	1.0%	$157.02 *	$165.43	-0.5%	COM	96208T104
SABR	SABRE CORP	4,667,000	$13.11M	1.0%	$2.81 *	$6.82	-48.1%	COM	78573M104
TFII	TFI INTERNATIONAL INC	145,000	$11.23M	0.8%	$77.45 *	$67.93	+62.9%	COM	87241L109
SITE	SITEONE LANDSCAPE SUPPLY INC	42,250	$5.131M	0.4%	$121.44 *	$132.62	0.0%	COM	82982L103