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Northern Right Capital Management, L.P.

CIK:0001346543
Hedge Fund
$256M AUM
25 holdings
Darien, CT, US
Founded:2006
7 employees
Latest filing:Jun 30, 2025

Northern Right Capital Management, L.P. is an investment adviser headquartered in Darien, Connecticut. Founded in 2006, it specializes in value-oriented hedge fund strategies typically focused on small-to-mid cap public companies. The firm primarily serves institutional investors and high-net-worth individuals. Its team operates out of its Darien location and is registered with the SEC as an investment adviser.

Investment Strategy

Northern Right Capital Management, L.P. pursues activist and value-driven investments in small and mid-cap U.S. public companies. The firm employs fundamental analysis and often engages directly with management to influence operational and strategic improvements. Its philosophy emphasizes uncovering undervalued businesses where strategic action or governance changes can unlock significant shareholder value.

Top Buys
C
CORZCORE SCIENTIFIC INC NEW
+$28.3M
H
HHHHOWARD HUGHES HOLDINGS INC
+$17.6M
H
HUTHUT 8 CORP
+$10.4M
I
IACIAC INC
+$7.4M
C
CARTMAPLEBEAR INC
+$7.2M
Top Sells
F
FTAIFTAI AVIATION LTD
-$10.0M
R
RITMRITHM CAPITAL CORP
-$9.9M
T
TPBTURNING PT BRANDS INC
-$8.5M
P
PINSPINTEREST INC
-$6.4M
H
HOODROBINHOOD MKTS INC
-$5.3M

Top Holdings

N
NWSANEWS CORP NEW
+10.6%$30.8M
C
CORZCORE SCIENTIFIC INC NEW
+10.1%$29.4M
A
APOAPOLLO GLOBAL MGMT INC
+8.4%$24.5M
C
CARTMAPLEBEAR INC
+7.4%$21.6M
I
IACIAC INC
+7.3%$21.2M

Equity Positions (25)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
N
NWSA
NEWS CORP NEW10.55%$30.8M1,037,010$18.91$29.72+$2.6M
C
CORZ
CORE SCIENTIFIC INC NEW10.07%$29.4M1,723,422$16.81$17.07+$28.3M
A
APO
APOLLO GLOBAL MGMT INC8.40%$24.5M172,991$64.88$141.87+$1.2M
C
CART
MAPLEBEAR INC7.40%$21.6M478,022$41.18$45.24+$7.2M
I
IAC
IAC INC7.27%$21.2M568,409$64.61$37.34+$7.4M

Industry Allocation

SERVICES-COMPUTER PROCESSING & DATA PREPARATION
+16.6%
FINANCE SERVICES
+16.3%
INVESTMENT ADVICE
+13.4%
NEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING
+12.0%
REAL ESTATE INVESTMENT TRUSTS
+11.0%