Hill City Capital, LP
•CIK: 1837343•Filing: Q4 2025
**Hill City Capital, LP** manages $2.6B across a concentrated portfolio of 23 positions. The fund exhibits significant conviction in renewable energy and industrials, evidenced by the top holding in FSLR at $546.1M. Further notable allocations include MTZ ($468.4M) and DY ($341.2M), suggesting a focus on secular growth themes. This structure indicates a high-conviction, sector-specific investment mandate.
Total AUM
$2.6B
QoQ Performance
+12.0%
Positions
23
Top 10 Concentration
82.2%
Latest Filing
Q4 2025
Top Holdings Allocation
FSLR
MTZ
DY
FSLR20.6%
MTZ17.7%
DY12.9%
CRH4.9%
GVA4.8%
CX4.7%
ARRY4.5%
BA4.2%
📈 Biggest Buys
📉 Biggest Sells
SITE
SITEONE LANDSCAPE SUPPLY INC
-1.0%
0.5% of portfolio
Sector Breakdown
Other88.6%
Industrial6.5%
Materials4.9%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW2 new positions
↑6 increased
↓1 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023