Hill City Capital, LP Long-Term Concentrated

Location: Boston, MA

CIK: 0001837343 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $2.649B (100.0% shares, 0.0% debt)

Holdings (23)

FSLR FIRST SOLAR INC 20.6%

Value $546M Shares 2,090,390 Share Price $261.23 * Est. Cost/Share $164.88 Unrealized @ Report Date +53.0%

MTZ MASTEC INC 17.7%

Value $468M Shares 2,155,000 Share Price $217.37 * Est. Cost/Share $76.00 Unrealized @ Report Date +176.1%

DY DYCOM INDS INC 12.9%

Value $341M Shares 1,009,784 Share Price $337.90 * Est. Cost/Share $113.53 Unrealized @ Report Date +177.7%

CRH CRH PLC 4.9%

Value $131M Shares 1,046,000 Share Price $124.80 * Est. Cost/Share $55.70 Unrealized @ Report Date +113.9%

GVA GRANITE CONSTR INC 4.8%

Value $128M Shares 1,110,048 Share Price $115.35 * Est. Cost/Share $58.74 Unrealized @ Report Date +82.9%

CX CEMEX SAB DE CV 4.7%

Value $124M Shares 10,802,750 Share Price $11.49 Est. Cost/Share $8.18 Unrealized @ Report Date —

ARRY ARRAY TECHNOLOGIES INC 4.5%

Value $119M Shares 12,891,300 Share Price $9.22 * Est. Cost/Share $14.13 Unrealized @ Report Date -39.3%

BA BOEING CO 4.2%

Value $113M Shares 518,483 Share Price $217.12 * Est. Cost/Share $205.66 Unrealized @ Report Date 0.0%

JHX JAMES HARDIE INDS PLC 4.0%

Value $106M Shares 5,120,200 Share Price $20.75 * Est. Cost/Share $23.26 Unrealized @ Report Date -13.8%

CTRI CENTURI HOLDINGS INC 3.8%

Value $102M Shares 4,030,000 Share Price $25.25 * Est. Cost/Share $20.03 Unrealized @ Report Date +11.6%

IP INTERNATIONAL PAPER CO 3.6%

Value $95.72M Shares 2,430,000 Share Price $39.39 * Est. Cost/Share $43.77 Unrealized @ Report Date -6.7%

ENS ENERSYS 2.6%

Value $68.61M Shares 467,500 Share Price $146.75 * Est. Cost/Share $78.55 Unrealized @ Report Date +69.8%

Value $59.24M Shares 370,000 Share Price $160.10 Est. Cost/Share $109.06 Unrealized @ Report Date +49.6%

ATKR ATKORE INC 1.7%

Value $46.06M Shares 728,206 Share Price $63.25 * Est. Cost/Share $64.34 Unrealized @ Report Date +0.5%

ATS ATS CORP 1.7%

Value $45.44M Shares 1,649,857 Share Price $27.54 * Est. Cost/Share $28.14 Unrealized @ Report Date -5.1%

CNM CORE & MAIN INC 1.6%

Value $41.42M Shares 797,000 Share Price $51.97 Est. Cost/Share $35.35 Unrealized @ Report Date +45.1%

BLDR BUILDERS FIRSTSOURCE INC 0.9%

Value $24.69M Shares 240,000 Share Price $102.89 * Est. Cost/Share $37.90 Unrealized @ Report Date +196.5%

WMS ADVANCED DRAIN SYS INC DEL 0.9%

Value $23.17M Shares 160,000 Share Price $144.83 Est. Cost/Share $131.91 Unrealized @ Report Date +9.7%

TREX TREX CO INC 0.7%

Value $19.36M Shares 552,000 Share Price $35.08 * Est. Cost/Share $40.45 Unrealized @ Report Date 0.0%

TFII TFI INTL INC 0.6%

Value $14.99M Shares 145,000 Share Price $103.35 * Est. Cost/Share $67.93 Unrealized @ Report Date +37.0%

WBI WATERBRIDGE INFRASTRUCTURE L 0.5%

Value $14.01M Shares 700,000 Share Price $20.01 * Est. Cost/Share $23.45 Unrealized @ Report Date -1.0%

SITE SITEONE LANDSCAPE SUPPLY INC 0.5%

Value $12.36M Shares 99,200 Share Price $124.56 Est. Cost/Share $124.26 Unrealized @ Report Date +1.9%

SABR SABRE CORP 0.2%

Value $6.347M Shares 4,667,000 Share Price $1.36 * Est. Cost/Share $6.82 Unrealized @ Report Date -74.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FSLR	FIRST SOLAR INC	2,090,390	$546M	20.6%	$261.23 *	$164.88	+53.0%	COM	336433107
MTZ	MASTEC INC	2,155,000	$468M	17.7%	$217.37 *	$76.00	+176.1%	COM	576323109
DY	DYCOM INDS INC	1,009,784	$341M	12.9%	$337.90 *	$113.53	+177.7%	COM	267475101
CRH	CRH PLC	1,046,000	$131M	4.9%	$124.80 *	$55.70	+113.9%	ORD	G25508105
GVA	GRANITE CONSTR INC	1,110,048	$128M	4.8%	$115.35 *	$58.74	+82.9%	COM	387328107
CX	CEMEX SAB DE CV	10,802,750	$124M	4.7%	$11.49	$8.18	—	SPON ADR NEW	151290889
ARRY	ARRAY TECHNOLOGIES INC	12,891,300	$119M	4.5%	$9.22 *	$14.13	-39.3%	COM SHS	04271T100
BA	BOEING CO	518,483	$113M	4.2%	$217.12 *	$205.66	0.0%	COM	097023105
JHX	JAMES HARDIE INDS PLC	5,120,200	$106M	4.0%	$20.75 *	$23.26	-13.8%	ORD SHS	G4253H101
CTRI	CENTURI HOLDINGS INC	4,030,000	$102M	3.8%	$25.25 *	$20.03	+11.6%	COM SHS	155923105
IP	INTERNATIONAL PAPER CO	2,430,000	$95.72M	3.6%	$39.39 *	$43.77	-6.7%	COM	460146103
ENS	ENERSYS	467,500	$68.61M	2.6%	$146.75 *	$78.55	+69.8%	COM	29275Y102
MMM	3M CO	370,000	$59.24M	2.2%	$160.10	$109.06	+49.6%	COM	88579Y101
ATKR	ATKORE INC	728,206	$46.06M	1.7%	$63.25 *	$64.34	+0.5%	COM	047649108
ATS	ATS CORP	1,649,857	$45.44M	1.7%	$27.54 *	$28.14	-5.1%	COM	00217Y104
CNM	CORE & MAIN INC	797,000	$41.42M	1.6%	$51.97	$35.35	+45.1%	CL A	21874C102
BLDR	BUILDERS FIRSTSOURCE INC	240,000	$24.69M	0.9%	$102.89 *	$37.90	+196.5%	COM	12008R107
WMS	ADVANCED DRAIN SYS INC DEL	160,000	$23.17M	0.9%	$144.83	$131.91	+9.7%	COM	00790R104
TREX	TREX CO INC	552,000	$19.36M	0.7%	$35.08 *	$40.45	0.0%	COM	89531P105
TFII	TFI INTL INC	145,000	$14.99M	0.6%	$103.35 *	$67.93	+37.0%	COM	87241L109
WBI	WATERBRIDGE INFRASTRUCTURE L	700,000	$14.01M	0.5%	$20.01 *	$23.45	-1.0%	CL A SHS REPSTG	940923105
SITE	SITEONE LANDSCAPE SUPPLY INC	99,200	$12.36M	0.5%	$124.56	$124.26	+1.9%	COM	82982L103
SABR	SABRE CORP	4,667,000	$6.347M	0.2%	$1.36 *	$6.82	-74.8%	COM	78573M104