Q2 2026 13F · SEC CIK 1056973

Carlson Capital, L.P.

Hedge fundFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $485.2M
Reported positions: 67
Top holdings a year, 3 yrs: +9.7%
Assets under management: $529.9M

Carlson Capital, L.P. is a hedge fund that reported 67 positions worth $485.2M in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Huntington Bancshares Inc (HBAN, 7.5%), Wells Fargo & Co (WFC, 5.6%), Pinnacle Finl Partners Inc (PNFP, 5.4%). A portfolio copying its top holdings returned 9.7% a year over the last 3 years, against 17.4% for the S&P 500.

Carlson Capital, L.P. holdings largest 50 of 67 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Carlson Capital, L.P. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
HBANHuntington Bancshares Inc	7.5%	1.8%	2,054,001	+622.0%	$36.4M
WFCWells Fargo & Co	5.6%	1.4%	330,615	+626.2%	$27.3M
PNFPPinnacle Finl Partners Inc	5.4%	2.0%	259,538	+331.6%	$26.2M
COFCapital One Finl Corp	5.1%	—	122,855	—	$24.6M
JPMJpmorgan Chase & Co	4.6%	0.8%	68,285	+948.1%	$22.4M
PGProcter & Gamble Co	4.4%	0.7%	144,934	+1068.8%	$21.3M
BACBank of Amer Corp	3.7%	0.9%	316,147	+556.5%	$18.0M
TFCTruist Finl Corp	3.4%	0.8%	330,162	+640.3%	$16.4M
MCDMcdonalds Corp	3.1%	—	55,976	—	$15.1M
DVNDevon Energy Corp New	2.8%	—	331,738	—	$13.7M
FHNFirst Horizon Corporation	2.7%	0.5%	516,678	+795.4%	$13.2M
EXEExpand Energy Corporation	2.6%	1.0%	138,214	+482.3%	$12.6M
PMPhilip Morris Intl Inc	2.6%	—	69,538	—	$12.6M
HALHalliburton Co	2.6%	0.7%	370,090	+736.8%	$12.6M
ONBOld Natl Bancorp Ind	2.5%	0.7%	464,159	+491.7%	$12.0M
SSBSouthstate Bk Corp	2.5%	0.7%	119,913	+562.6%	$12.0M
MAMastercard Incorporated	2.4%	—	22,575	—	$11.6M
COLBColumbia Bkg Sys Inc Com	2.3%	0.7%	347,529	+422.5%	$11.1M
ARAntero Resources Corp	2.3%	—	311,065	—	$10.9M
CVXChevron Corporation	2.0%	1.0%	58,775	+362.3%	$9.7M
CBRECbre Group Inc	2.0%	0.6%	71,147	+498.8%	$9.6M
MTDRMatador Resources Co.	2.0%	0.8%	190,138	+463.3%	$9.5M
PSXPhillips 66	1.9%	0.8%	55,375	+371.0%	$9.4M
UPSUnited Parcel Svcs Inc	1.8%	0.8%	79,432	+283.6%	$8.5M
CLXClorox Company	1.7%	0.7%	86,855	+381.2%	$8.3M
NSCNorfolk Southn Corporation	1.6%	1.0%	23,958	+175.4%	$7.5M
WMTWalmart Inc	1.4%	—	59,324	—	$6.7M
METAMeta Platforms Inc	1.4%	—	11,926	—	$6.7M
FISVFiserv Inc	1.4%	—	134,686	—	$6.6M
SNPSSynopsys Inc	1.3%	—	14,205	—	$6.3M
AZOAutozone Inc	1.3%	0.8%	1,950	+225.0%	$6.2M
13057Q305California Res Corp	1.2%	—	112,748	—	$6.0M
MDLZMondelez International	1.2%	0.6%	100,948	+265.8%	$5.8M
BURLBurlington Stores	1.1%	—	17,199	—	$5.4M
ICEIntercontinental Exchange Inc	0.9%	0.8%	36,568	+183.5%	$4.5M
ACIAlbertsons Cos Inc	0.8%	0.8%	304,938	+155.8%	$4.1M
SAIASaia Inc	0.7%	—	7,772	—	$3.3M
WBDWarner Bros Discovery Inc	0.6%	1.0%	112,000	+16.7%	$3.0M
WBSWebster Finl Corp	0.5%	1.1%	34,756	-10.9%	$2.7M
NVDANvidia Corporation	0.5%	—	13,198	—	$2.6M
EAElectronic Arts Inc	0.5%	1.1%	12,500	-7.4%	$2.6M
JHGJanus Henderson Group PLC	0.4%	0.5%	38,000	+65.2%	$2.0M
APGEApogee Therapeutics Inc	0.4%	—	14,000	—	$1.9M
IMXIInternational Money Express	0.3%	0.4%	111,000	+70.8%	$1.6M
BHFBrighthouse Finl Inc	0.3%	0.5%	25,000	+13.6%	$1.6M
TMHCTaylor Morrison Home Corp	0.3%	—	19,000	—	$1.4M
NUVLNuvalent Inc	0.3%	—	10,500	—	$1.3M
PENPenumbra, Inc.	0.2%	0.3%	3,100	+19.2%	$979K
WLFCWillis Lease Finance Corp	0.2%	—	4,100	—	$938K
TPXSomnigroup International Inc	0.2%	—	11,640	—	$913K

What Carlson Capital, L.P. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

PG Procter & Gamble Co+1068.8% shares
JPM Jpmorgan Chase & Co+948.1% shares
FHN First Horizon Corporation+795.4% shares
HAL Halliburton Co+736.8% shares
TFC Truist Finl Corp+640.3% shares
WFC Wells Fargo & Co+626.2% shares
HBAN Huntington Bancshares Inc+622.0% shares
SSB Southstate Bk Corp+562.6% shares

Reduced

WBS Webster Finl Corp-10.9% shares
EA Electronic Arts Inc-7.4% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +15.3% /yr; S&P 500 +20.2%
3 years: +9.7% /yr; S&P 500 +17.4%
5 years: +3.0% /yr; S&P 500 +11.1%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$485.2M	67
Q1 2026	$253.1M	66
Q4 2025	$206.8M	62
Q3 2025	$176.5M	55
Q2 2025	$175.9M	57
Q1 2025	$179.0M	35
Q4 2024	$169.6M	32
Q2 2024	$640.4M	92
Q1 2024	$1.2B	110
Q4 2023	$1.2B	118
Q3 2023	$1.3B	131
Q2 2023	$1.2B	116

Questions about Carlson Capital, L.P.'s portfolio

What stocks does Carlson Capital, L.P. own?

Carlson Capital, L.P.'s latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 67 positions worth $485.2M. The largest are Huntington Bancshares Inc (HBAN) at 7.5%, Wells Fargo & Co (WFC) at 5.6%, Pinnacle Finl Partners Inc (PNFP) at 5.4%, Capital One Finl Corp (COF) at 5.1% and Jpmorgan Chase & Co (JPM) at 4.6%.

What did Carlson Capital, L.P. buy last quarter?

In Q2 2026, Carlson Capital, L.P. added Procter & Gamble Co (PG) (+1068.8% shares), Jpmorgan Chase & Co (JPM) (+948.1% shares) and First Horizon Corporation (FHN) (+795.4% shares), compared with its Q1 2026 filing.

What did Carlson Capital, L.P. sell last quarter?

In Q2 2026, Carlson Capital, L.P. cut from its top 50 Swk Hldgs Corp (SWKH), cut from its top 50 Cullen Frost Bankers Inc (CFR), cut from its top 50 Sealed Air Corp New (SEE), cut from its top 50 Home Depot Inc (HD), cut from its top 50 Slb Limited (SLB), Webster Finl Corp (WBS) (-10.9% shares) and Electronic Arts Inc (EA) (-7.4% shares), compared with its Q1 2026 filing.

How has Carlson Capital, L.P.'s portfolio performed?

A portfolio copying Carlson Capital, L.P.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +9.7% a year over the last 3 years, against +17.4% for the S&P 500. Over 1 year: +15.3% against +20.2%. Over 5 years: +3.0% a year against +11.1%.

When is Carlson Capital, L.P.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Carlson Capital, L.P.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Carlson Capital, L.P. manage?

Carlson Capital, L.P. reported $529.9M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $485.2M.