Columbus Hill Capital Management, L.P. Quant / Systematic

CIK: 0001384982 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $710,755 (94.2% shares, 5.8% debt)

Holdings (25)

New Positions (2)

CPNG COUPANG INC 2.8%

Value ($000) $20,233 Shares 857,683 Est. Cost $28.45 Unrealized 0.0%

FICO FAIR ISAAC CORP 0.7%

Value ($000) $4,629 Shares 2,738 Est. Cost $1721.38 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CPNG	COUPANG INC	857,683	$20,233	2.8%	$28.45	0.0%	CL A	22266T109
FICO	FAIR ISAAC CORP	2,738	$4,629	0.7%	$1721.38	0.0%	COM	303250104

Increased Positions (3)

META META PLATFORMS INC 9.3%

Value ($000) $66,078 (+19.4%) Shares 100,105 (+32.8%) Est. Cost $555.09 Unrealized +20.2%

NVDA NVIDIA CORPORATION 4.6%

Value ($000) $33,007 (+14.3%) Shares 176,979 (+14.3%) Est. Cost $149.70 Unrealized +24.3%

NOW SERVICENOW INC 0.4%

Value ($000) $3,064 (-16.8%) Shares 20,000 (+400.0%) Est. Cost $146.01 Unrealized +17.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
META	META PLATFORMS INC	100,105 (+32.8%)	$66,078 (+19.4%)	9.3%	$555.09	+20.2%	CL A	30303M102
NVDA	NVIDIA CORPORATION	176,979 (+14.3%)	$33,007 (+14.3%)	4.6%	$149.70	+24.3%	COM	67066G104
NOW	SERVICENOW INC	20,000 (+400.0%)	$3,064 (-16.8%)	0.4%	$146.01	+17.5%	COM	81762P102

Exited Positions (4)

DKNG DRAFTKINGS INC NEW 3.8%

Value ($000) $26,688 Shares 713,580 Est. Cost $36.21 Unrealized -9.2%

UNH UNITEDHEALTH GROUP INC 1.2%

Value ($000) $8,588 Shares 24,870 Est. Cost $482.48 Unrealized -30.1%

AAL AMERICAN AIRLS GROUP INC 0.6%

Value ($000) $4,487 Shares 399,200 Est. Cost $12.32 Unrealized +9.5%

STUB STUBHUB HLDGS INC 0.0%

Value ($000) $84 Shares 5,000 Est. Cost $18.34 Unrealized -14.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DKNG	DRAFTKINGS INC NEW	713,580	$26,688	3.8%	$36.21	-9.2%	—	26142V105
UNH	UNITEDHEALTH GROUP INC	24,870	$8,588	1.2%	$482.48	-30.1%	—	91324P102
AAL	AMERICAN AIRLS GROUP INC	399,200	$4,487	0.6%	$12.32	+9.5%	—	02376R102
STUB	STUBHUB HLDGS INC	5,000	$84	0.0%	$18.34	-14.3%	—	86384P109

Decreased Positions (17)

HUM HUMANA INC 3.5%

Value ($000) $24,828 (-44.8%) Shares 96,936 (-43.9%) Est. Cost $334.20 Unrealized -21.8%

GOOGL ALPHABET INC 5.6%

Value ($000) $39,712 (-17.3%) Shares 126,876 (-35.8%) Est. Cost $182.68 Unrealized +56.3%

RCL ROYAL CARIBBEAN GROUP 5.9%

Value ($000) $41,594 (-15.7%) Shares 149,125 (-2.2%) Est. Cost $124.12 Unrealized +126.9%

NCLH NORWEGIAN CRUISE LNE HLDG L 8.4%

Value ($000) $59,385 (-11.4%) Shares 2,660,601 (-2.2%) Est. Cost $19.92 Unrealized +6.0%

MAR MARRIOTT INTL INC NEW 5.3%

Value ($000) $37,914 (+17.8%) Shares 122,210 (-1.1%) Est. Cost $110.40 Unrealized +158.4%

MSFT MICROSOFT CORP 6.2%

Value ($000) $44,391 (-8.2%) Shares 91,788 (-1.7%) Est. Cost $232.94 Unrealized +114.9%

LTM LATAM AIRLINES GROUP SA 2.5%

Value ($000) $17,819 (-15.6%) Shares 329,927 (-29.3%) Est. Cost $26.75 Unrealized —

URI UNITED RENTALS INC 2.4%

Value ($000) $16,725 (-16.4%) Shares 20,666 (-1.4%) Est. Cost $242.26 Unrealized +257.9%

— ECHOSTAR CORP 5.8%

Value ($000) $41,164 (+8.6%) Shares 12,315,000 (-20.1%) Est. Cost $1.06 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 3.1%

Value ($000) $21,770 (-10.0%) Shares 71,639 (-17.3%) Est. Cost $279.29 Unrealized —

AMD ADVANCED MICRO DEVICES INC 3.8%

Value ($000) $26,915 (-6.7%) Shares 125,676 (-29.5%) Est. Cost $114.91 Unrealized +95.5%

FIGR FIGURE TECHNOLOGY SOLUTIO 0.9%

Value ($000) $6,090 (+9.8%) Shares 149,130 (-2.2%) Est. Cost $38.84 Unrealized +3.0%

TXN TEXAS INSTRS INC 0.9%

Value ($000) $6,447 (-7.7%) Shares 37,161 (-2.2%) Est. Cost $193.30 Unrealized -11.7%

SHOP SHOPIFY INC 1.0%

Value ($000) $7,424 (+6.5%) Shares 46,123 (-1.7%) Est. Cost $100.02 Unrealized +60.5%

MA MASTERCARD INCORPORATED 3.0%

Value ($000) $21,300 (-1.3%) Shares 37,310 (-1.7%) Est. Cost $208.30 Unrealized +168.3%

V VISA INC 1.6%

Value ($000) $11,248 (+1.4%) Shares 32,072 (-1.3%) Est. Cost $198.31 Unrealized +71.6%

— FRONTIER COMMUNICATIONS PARE 2.0%

Value ($000) $14,389 (+0.5%) Shares 377,972 (-1.4%) Est. Cost $30.12 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HUM	HUMANA INC	96,936 (-43.9%)	$24,828 (-44.8%)	3.5%	$334.20	-21.8%	COM	444859102
GOOGL	ALPHABET INC	126,876 (-35.8%)	$39,712 (-17.3%)	5.6%	$182.68	+56.3%	CAP STK CL A	02079K305
RCL	ROYAL CARIBBEAN GROUP	149,125 (-2.2%)	$41,594 (-15.7%)	5.9%	$124.12	+126.9%	COM	V7780T103
NCLH	NORWEGIAN CRUISE LNE HLDG L	2,660,601 (-2.2%)	$59,385 (-11.4%)	8.4%	$19.92	+6.0%	SHS	G66721104
MAR	MARRIOTT INTL INC NEW	122,210 (-1.1%)	$37,914 (+17.8%)	5.3%	$110.40	+158.4%	CL A	571903202
MSFT	MICROSOFT CORP	91,788 (-1.7%)	$44,391 (-8.2%)	6.2%	$232.94	+114.9%	COM	594918104
LTM	LATAM AIRLINES GROUP SA	329,927 (-29.3%)	$17,819 (-15.6%)	2.5%	$26.75	—	SPONSORED ADR	51817R205
URI	UNITED RENTALS INC	20,666 (-1.4%)	$16,725 (-16.4%)	2.4%	$242.26	+257.9%	COM	911363109
—	ECHOSTAR CORP	12,315,000 (-20.1%)	$41,164 (+8.6%)	5.8%	$1.06	—	NOTE 3.875%11/3	278768AB2
TSM	TAIWAN SEMICONDUCTOR MFG LTD	71,639 (-17.3%)	$21,770 (-10.0%)	3.1%	$279.29	—	SPONSORED ADS	874039100
AMD	ADVANCED MICRO DEVICES INC	125,676 (-29.5%)	$26,915 (-6.7%)	3.8%	$114.91	+95.5%	COM	007903107
FIGR	FIGURE TECHNOLOGY SOLUTIO	149,130 (-2.2%)	$6,090 (+9.8%)	0.9%	$38.84	+3.0%	COM CL A	349381103
TXN	TEXAS INSTRS INC	37,161 (-2.2%)	$6,447 (-7.7%)	0.9%	$193.30	-11.7%	COM	882508104
SHOP	SHOPIFY INC	46,123 (-1.7%)	$7,424 (+6.5%)	1.0%	$100.02	+60.5%	CL A SUB VTG SHS	82509L107
MA	MASTERCARD INCORPORATED	37,310 (-1.7%)	$21,300 (-1.3%)	3.0%	$208.30	+168.3%	CL A	57636Q104
V	VISA INC	32,072 (-1.3%)	$11,248 (+1.4%)	1.6%	$198.31	+71.6%	COM CL A	92826C839
—	FRONTIER COMMUNICATIONS PARE	377,972 (-1.4%)	$14,389 (+0.5%)	2.0%	$30.12	—	COM	35909D109

Unchanged Positions (3)

VST VISTRA CORP 5.1%

Value ($000) $36,045 Shares 223,423 Est. Cost $135.01 Unrealized +34.7%

SATS ECHOSTAR CORP 3.1%

Value ($000) $22,083 Shares 203,158 Est. Cost $21.97 Unrealized +270.7%

AMZN AMAZON COM INC 12.2%

Value ($000) $86,500 Shares 374,749 Est. Cost $161.50 Unrealized +41.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VST	VISTRA CORP	223,423	$36,045	5.1%	$135.01	+34.7%	COM	92840M102
SATS	ECHOSTAR CORP	203,158	$22,083	3.1%	$21.97	+270.7%	CL A	278768106
AMZN	AMAZON COM INC	374,749	$86,500	12.2%	$161.50	+41.7%	COM	023135106