59 North Capital Management, LP
59 North Capital Management, LP is a Houston, Texas-based hedge fund management firm founded in August 2018. It operates as a Delaware limited partnership and manages assets for pooled investment vehicles, with a reported employee count of 9 as of 2025. The firm primarily serves institutional and pooled investment clients, overseeing multi-billion dollar portfolios in public equities and related investment strategies.
Investment Strategy
59 North Capital Management, LP pursues an opportunistic, fundamental, and value-oriented investment strategy, focused mainly on public equity markets. The firm's approach centers on identifying mispriced or underappreciated companies across various industries, leveraging deep research and a concentrated portfolio structure. Significant portfolio weights in holdings such as Aercap Holdings, News Corp, and Kinder Morgan indicate a preference for large, liquid positions where the firm believes it has a differentiated view and can generate alpha through active management.
Top Holdings
Equity Positions (14)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AER | AERCAP HOLDINGS NV | 17.84% | $499.7M | 4,271,324 | $87.55 | $117.00 | -$32.5M |
N NWSA | NEWS CORP NEW | 13.42% | $376.0M | 12,650,867 | $26.87 | $29.72 | +$72.5M |
K KMI | KINDER MORGAN INC DEL | 11.12% | $311.6M | 10,597,380 | $28.84 | $29.40 | +$115.9M |
L LPX | LOUISIANA PAC CORP | 8.62% | $241.5M | 2,808,369 | $88.08 | $85.99 | +$628.9K |
D DTM | DT MIDSTREAM INC | 8.10% | $226.8M | 2,063,116 | $109.91 | $109.91 | +$226.8M |