Q3 2026 13F · SEC CIK 1442573

Hourglass Capital, LLC

Wealth managerFiled 2026-10-26 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $487.9M
Reported positions: 125
Top holdings a year, 3 yrs: +18.0%
Assets under management: $768.9M

Hourglass Capital, LLC is a wealth manager that reported 125 positions worth $487.9M in its Q3 2026 13F, filed 2026-10-26. Its largest holdings were Alphabet Inc (GOOGL, 2.9%), Nvidia Corporation (NVDA, 2.8%), Newmont Corp (NEM, 2.7%). A portfolio copying its top holdings returned 18.0% a year over the last 3 years, against 20.4% for the S&P 500.

Hourglass Capital, LLC holdings largest 50 of 125 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 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.

Hourglass Capital, LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
GOOGLAlphabet Inc	2.9%	3.2%	41,011	-8.8%	$14.1M
NVDANvidia Corporation	2.8%	2.5%	60,240	-5.3%	$13.8M
NEMNewmont Corp	2.7%	2.2%	113,279	-6.8%	$13.1M
CCitigroup Inc	2.7%	3.0%	100,894	-6.7%	$13.1M
CNRCore Nat Res Inc	2.5%	2.5%	140,006	-10.5%	$12.0M
SPYState Str Spdr S&p 500 ETF T	2.4%	2.6%	15,125	-12.9%	$11.5M
CSCOCisco Sys Inc	2.3%	2.8%	105,571	-13.8%	$11.4M
MSFTMicrosoft Corp	2.3%	1.8%	22,144	-8.8%	$11.4M
MSMorgan Stanley	2.2%	2.6%	57,930	-8.8%	$10.9M
GSGoldman Sachs Group Inc	2.1%	2.6%	11,510	-12.3%	$10.4M
UBERUber Technologies Inc	2.1%	2.2%	148,946	-4.0%	$10.2M
FCXFreeport Mcmoran Inc	2.0%	1.8%	142,678	-4.0%	$10.0M
XOMExxonmobil Holdings Corp	2.0%	—	61,308	—	$10.0M
PFEPfizer Inc	2.0%	1.7%	344,398	-3.6%	$9.8M
PANWPalo Alto Networks Inc	1.8%	1.5%	22,625	+0.0%	$9.0M
AVGOBroadcom Inc	1.8%	1.8%	25,405	+5.9%	$8.9M
AAPLApple Inc	1.8%	1.5%	25,972	-0.6%	$8.6M
ORCLOracle Corp	1.7%	1.6%	60,678	+12.9%	$8.3M
BHPBhp Billiton Limited	1.7%	1.6%	96,170	-0.1%	$8.2M
HCAHca Healthcare Inc	1.7%	1.3%	19,110	+14.8%	$8.2M
CVXChevron Corporation	1.6%	1.4%	38,099	-10.0%	$7.8M
HPQHp Inc	1.6%	1.1%	248,659	-1.7%	$7.8M
KEXKirby Corp	1.6%	1.7%	59,115	-9.4%	$7.8M
WMBWilliams Cos	1.6%	1.6%	112,210	-0.2%	$7.6M
SLBSlb Limited	1.6%	1.6%	155,280	-8.5%	$7.6M
KHCKraft Heinz Co	1.5%	1.6%	326,630	-6.7%	$7.4M
WDSWoodside Energy Group Ltd	1.5%	1.2%	329,668	+0.9%	$7.3M
UNPUnion Pac Corp	1.5%	1.5%	26,536	-7.1%	$7.2M
KMIKinder Morgan Inc Del	1.5%	1.6%	239,199	-4.5%	$7.2M
PMPhilip Morris Intl Inc	1.5%	1.3%	37,514	-0.3%	$7.2M
GSKGsk PLC	1.4%	1.5%	144,672	+0.3%	$7.0M
WMTWalmart Inc	1.4%	1.5%	65,665	-3.8%	$6.8M
LAMRLamar Advertising Co New Cl A	1.4%	1.5%	46,850	-1.6%	$6.8M
MAINMain Str Cap Corp	1.4%	1.2%	122,050	+0.3%	$6.7M
VZVerizon Communications Inc	1.4%	1.3%	145,278	-9.9%	$6.7M
LYBLyondellbasell Industries NV	1.3%	1.3%	113,458	-6.4%	$6.5M
UPSUnited Parcel Svcs Inc	1.3%	1.5%	67,735	-2.9%	$6.3M
TAt&t Inc	1.3%	0.9%	258,490	+20.4%	$6.3M
ZBHZimmer Biomet Holdings Inc	1.3%	1.2%	70,990	-1.8%	$6.3M
SJMJ.M. Smucker Co.	1.3%	1.2%	51,730	-1.1%	$6.2M
VLYValley Natl Bancorp	1.2%	1.5%	473,300	-8.4%	$6.0M
ABBVAbbvie Inc	1.2%	1.6%	22,210	-32.7%	$5.8M
SPCXSpace Exploration Techn Corp	1.2%	—	38,307	—	$5.8M
PAYXPaychex Inc	1.2%	—	58,635	—	$5.8M
HDHome Depot Inc	1.2%	1.5%	19,995	-8.0%	$5.7M
MOAltria Group Inc	1.1%	1.1%	83,000	+6.3%	$5.6M
IBMInternational Business Machs	1.1%	1.4%	23,756	-5.5%	$5.2M
RFRegions Financial Corp New	1.0%	1.2%	184,190	-7.0%	$5.0M
QCOMQualcomm Inc	1.0%	0.9%	26,080	-0.2%	$4.8M
AMZNAmazon Com Inc	1.0%	0.9%	18,820	+0.0%	$4.7M

What Hourglass Capital, LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

T At&t Inc+20.4% shares
HCA Hca Healthcare Inc+14.8% shares
ORCL Oracle Corp+12.9% shares
MO Altria Group Inc+6.3% shares
AVGO Broadcom Inc+5.9% shares

Reduced

ABBV Abbvie Inc-32.7% shares
CSCO Cisco Sys Inc-13.8% shares
SPY State Str Spdr S&p 500 ETF T-12.9% shares
GS Goldman Sachs Group Inc-12.3% shares
CNR Core Nat Res Inc-10.5% shares
CVX Chevron Corporation-10.0% shares
VZ Verizon Communications Inc-9.9% shares
KEX Kirby Corp-9.4% shares

Left the top 50

Share counts compared with the Q2 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: +29.2% /yr; S&P 500 +20.1%
3 years: +18.0% /yr; S&P 500 +20.4%
5 years: +11.7% /yr; S&P 500 +11.6%

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
Q3 2026	$487.9M	125
Q2 2026	$508.4M	127
Q1 2026	$480.5M	130
Q4 2025	$463.7M	114
Q3 2025	$445.4M	106
Q2 2025	$404.5M	106
Q1 2025	$382.2M	110
Q4 2024	$362.6M	105
Q3 2024	$359.0M	106
Q2 2024	$336.4M	103
Q1 2024	$331.9M	102
Q4 2023	$310.5M	98

Questions about Hourglass Capital, LLC's portfolio

What stocks does Hourglass Capital, LLC own?

Hourglass Capital, LLC's latest 13F, for Q3 2026 and filed Oct 26, 2026, lists 125 positions worth $487.9M. The largest are Alphabet Inc (GOOGL) at 2.9%, Nvidia Corporation (NVDA) at 2.8%, Newmont Corp (NEM) at 2.7%, Citigroup Inc (C) at 2.7% and Core Nat Res Inc (CNR) at 2.5%.

What did Hourglass Capital, LLC buy last quarter?

In Q3 2026, Hourglass Capital, LLC added At&t Inc (T) (+20.4% shares), Hca Healthcare Inc (HCA) (+14.8% shares) and Oracle Corp (ORCL) (+12.9% shares), compared with its Q2 2026 filing.

What did Hourglass Capital, LLC sell last quarter?

In Q3 2026, Hourglass Capital, LLC cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Iron Mtn Inc Del (IRM), cut from its top 50 Vici Pptys Inc (VICI), Abbvie Inc (ABBV) (-32.7% shares), Cisco Sys Inc (CSCO) (-13.8% shares) and State Str Spdr S&p 500 ETF T (SPY) (-12.9% shares), compared with its Q2 2026 filing.

How has Hourglass Capital, LLC's portfolio performed?

A portfolio copying Hourglass Capital, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +29.2% against +20.1%. Over 5 years: +11.7% a year against +11.6%.

When is Hourglass Capital, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Hourglass Capital, LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Hourglass Capital, LLC manage?

Hourglass Capital, LLC reported $768.9M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $487.9M.