Q2 2026 13F · SEC CIK 1794499

Hyperion Capital Advisors LP

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $221.7M
Reported positions: 67
Top holdings a year, 3 yrs: +17.9%
Assets under management: $581.3M

Hyperion Capital Advisors LP is a hedge fund that reported 67 positions worth $221.7M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Icon Plc (ICLR, 17.6%), Liberty Media Corp Del (FWONK, 8.0%), Elevance Health Inc Formerly (ELV, 7.5%). A portfolio copying its top holdings returned 17.9% a year over the last 3 years, against 20.4% for the S&P 500.

Hyperion Capital Advisors LP 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.

Hyperion Capital Advisors LP 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
ICLRIcon Plc	17.6%	7.6%	224,665	+57.7%	$39.0M
FWONKLiberty Media Corp Del	8.0%	4.2%	186,680	+80.6%	$17.8M
ELVElevance Health Inc Formerly	7.5%	7.2%	42,924	-15.4%	$16.6M
SUNBSunbelt Rentals Holdings Inc	7.0%	3.9%	207,305	+65.6%	$15.5M
GOOGLAlphabet Inc	6.8%	9.0%	42,224	-34.9%	$15.1M
GOOGAlphabet Inc	6.1%	7.3%	38,128	-27.4%	$13.5M
TSMTaiwan Semiconductor Manufac	5.9%	4.5%	27,515	+0.0%	$13.1M
AONAon PLC	4.5%	3.6%	30,001	+30.4%	$10.0M
ROPRoper Technologies Inc	3.4%	3.8%	22,500	+0.0%	$7.6M
UNHUnitedhealth Group Inc	3.3%	4.4%	17,416	-48.9%	$7.2M
VERXVertex Inc	3.3%	2.7%	630,000	+31.3%	$7.2M
GMEDGlobus Med Inc	2.5%	5.8%	71,476	-49.3%	$5.6M
KSPIKaspi Kz Jsc	2.2%	2.0%	55,810	+0.0%	$4.8M
ZTSZoetis Inc	2.2%	3.8%	66,787	+0.0%	$4.8M
RYAAYRyanair Holdings PLC Sponsored	2.1%	2.0%	71,375	+0.0%	$4.6M
CACCCredit Accep Corp Mich	2.1%	2.9%	7,150	-49.1%	$4.6M
BIPBrookfield Infrastructure Pa	1.6%	1.7%	96,019	+0.0%	$3.5M
ICEIntercontinental Exchange Inc	1.4%	4.9%	24,961	-61.6%	$3.1M
NFLXNetflix Inc.	1.3%	3.5%	39,516	-47.6%	$2.8M
AAPLApple Inc	0.8%	0.8%	6,458	+0.0%	$1.9M
TJXTjx Cos Inc New	0.7%	0.7%	9,567	-1.0%	$1.4M
UHALBU Haul Holding Company	0.7%	0.6%	24,973	-15.6%	$1.4M
CPACopa Holdings SA	0.6%	0.5%	8,400	+0.0%	$1.3M
AMZNAmazon Com Inc	0.5%	0.3%	4,900	+48.5%	$1.2M
MSFTMicrosoft Corp	0.4%	0.2%	2,371	+86.5%	$884K
BRK-BBerkshire Hathaway Inc Del	0.4%	0.4%	1,754	+0.0%	$878K
BURBurford Capital Limited	0.4%	0.4%	203,000	+0.0%	$832K
SCHWCharles Schwab Corp (the)	0.4%	0.4%	8,767	+0.0%	$809K
THOThor Inds Inc	0.3%	0.4%	10,180	+0.0%	$765K
BRK-ABerkshire Hathaway Inc Del	0.3%	0.3%	1	+0.0%	$749K
GLDSpdr Gold Tr	0.3%	0.4%	1,988	+0.0%	$732K
WSTWest Pharmaceutical Svsc Inc	0.3%	0.3%	2,029	-4.7%	$728K
AVTAvnet Inc	0.3%	0.2%	7,200	+0.0%	$640K
WATWaters Corp	0.3%	0.2%	1,653	+0.0%	$620K
BROBrown & Brown Inc Com	0.3%	0.3%	8,900	+0.0%	$571K
RBLXRoblox Corp	0.3%	0.3%	10,350	+0.0%	$563K
EPDEnterprise Prods Partners L	0.2%	0.2%	13,300	+0.0%	$489K
EXPEagle Matls Inc	0.2%	0.2%	2,000	+0.0%	$450K
LINLinde PLC	0.2%	0.2%	863	+0.0%	$448K
TDYTeledyne Technologies Inc	0.2%	0.2%	650	+0.0%	$433K
BSMBlack Stone Minerals L P	0.2%	0.2%	27,222	+0.0%	$380K
EQHEquitable Hldgs Inc	0.2%	0.2%	8,611	+0.0%	$378K
NBNNortheast Bk Portland Me	0.2%	0.2%	2,800	+0.0%	$371K
BACBank of Amer Corp	0.2%	—	6,400	—	$365K
FNDFloor & Decor Hldgs Inc	0.2%	—	6,000	—	$356K
MSAMsa Safety Inc	0.2%	0.2%	2,000	+0.0%	$349K
CBChubb Limited	0.2%	0.2%	995	+0.0%	$339K
AERAercap Holdings NV	0.2%	0.2%	2,300	+0.0%	$335K
SGUStar Group L.P.	0.1%	—	25,400	—	$326K
ADIAnalog Devices Inc	0.1%	—	800	—	$318K

What Hyperion Capital Advisors LP 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

MSFT Microsoft Corp+86.5% shares
FWONK Liberty Media Corp Del+80.6% shares
SUNB Sunbelt Rentals Holdings Inc+65.6% shares
ICLR Icon Plc+57.7% shares
AMZN Amazon Com Inc+48.5% shares
VERX Vertex Inc+31.3% shares
AON Aon PLC+30.4% shares

Reduced

ICE Intercontinental Exchange Inc-61.6% shares
GMED Globus Med Inc-49.3% shares
CACC Credit Accep Corp Mich-49.1% shares
UNH Unitedhealth Group Inc-48.9% shares
NFLX Netflix Inc.-47.6% shares
GOOGL Alphabet Inc-34.9% shares
GOOG Alphabet Inc-27.4% shares
UHALB U Haul Holding Company-15.6% 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: +15.7% /yr; S&P 500 +20.1%
3 years: +17.9% /yr; S&P 500 +20.4%
5 years: +15.4% /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
Q2 2026	$221.7M	67
Q1 2026	$207.7M	68
Q4 2025	$204.3M	67
Q3 2025	$187.0M	62
Q2 2025	$159.5M	62
Q1 2025	$183.7M	65
Q4 2024	$194.7M	96
Q3 2024	$212.9M	128
Q2 2024	$213.1M	103
Q1 2024	$212.0M	110
Q4 2023	$185.1M	62
Q3 2023	$182.4M	62

Questions about Hyperion Capital Advisors LP's portfolio

What stocks does Hyperion Capital Advisors LP own?

Hyperion Capital Advisors LP's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 67 positions worth $221.7M. The largest are Icon Plc (ICLR) at 17.6%, Liberty Media Corp Del (FWONK) at 8.0%, Elevance Health Inc Formerly (ELV) at 7.5%, Sunbelt Rentals Holdings Inc (SUNB) at 7.0% and Alphabet Inc (GOOGL) at 6.8%.

What did Hyperion Capital Advisors LP buy last quarter?

In Q2 2026, Hyperion Capital Advisors LP added Microsoft Corp (MSFT) (+86.5% shares), Liberty Media Corp Del (FWONK) (+80.6% shares) and Sunbelt Rentals Holdings Inc (SUNB) (+65.6% shares), compared with its Q1 2026 filing.

What did Hyperion Capital Advisors LP sell last quarter?

In Q2 2026, Hyperion Capital Advisors LP cut from its top 50 Amentum Holdings Inc (AMTM), cut from its top 50 Liberty Cap Corp (GLBKV), cut from its top 50 Delta Air Lines Inc (DAL), cut from its top 50 Ing Groep N.v. (ING), Intercontinental Exchange Inc (ICE) (-61.6% shares), Globus Med Inc (GMED) (-49.3% shares) and Credit Accep Corp Mich (CACC) (-49.1% shares), compared with its Q1 2026 filing.

How has Hyperion Capital Advisors LP's portfolio performed?

A portfolio copying Hyperion Capital Advisors LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.9% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +15.7% against +20.1%. Over 5 years: +15.4% a year against +11.6%.

When is Hyperion Capital Advisors LP's next 13F filing due?

13F filings are due 45 days after each quarter ends. Hyperion Capital Advisors LP'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 Hyperion Capital Advisors LP manage?

Hyperion Capital Advisors LP reported $581.3M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $221.7M.