Q2 2026 13F · SEC CIK 1842361
Jones Road Capital Management, L.P.
Hedge fundFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $10.4M
- Reported positions
- 16
- Top holdings a year, 3 yrs
- +18.6%
- Assets under management
- $350.4M
Jones Road Capital Management, L.P. is a hedge fund that reported 16 positions worth $10.4M in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Meta Platforms Inc (META, 28.1%), Carpenter Technology Corp (CRS, 19.6%), Firstenergy Corp (FE, 12.2%). A portfolio copying its top holdings returned 18.6% a year over the last 3 years, against 20.4% for the S&P 500.
Jones Road Capital Management, L.P. holdings all 16 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.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| METAMeta Platforms Inc | 28.1% | -51.0% | $2.9M |
| CRSCarpenter Technology Corp | 19.6% | -82.2% | $2.0M |
| FEFirstenergy Corp | 12.2% | — | $1.3M |
| ATIAti Inc | 9.5% | -50.0% | $986K |
| 68389X204Oracle Corp | 5.8% | — | $607K |
| ORCLOracle Corp | 5.7% | -89.5% | $596K |
| DCODucommun Inc Del | 5.2% | — | $537K |
| 097023204Boeing Co | 4.5% | -86.7% | $471K |
| RTXRtx Corporation | 3.5% | — | $360K |
| AVBAvalonBay Communities Inc | 2.4% | -77.2% | $245K |
| CCLCarnival Corp Ltd | 1.4% | — | $143K |
| ECHOEchoStar Corp | 1.0% | — | $102K |
| CYHCommunity Health Systems Inc | 0.5% | -86.3% | $47K |
| MSDLMorgan Stanley Direct Lending Fund | 0.3% | — | $30K |
| GSBDGoldman Sachs BDC Inc | 0.3% | — | $28K |
| NFENew Fortress Energy Inc | 0.2% | -70.8% | $17K |
What Jones Road Capital Management, L.P. bought and sold in Q2 2026, against Q1 2026.
New positions
- FE Firstenergy Corp12.2% of 13F
- Oracle Corp5.8% of 13F
- DCO Ducommun Inc Del5.2% of 13F
- RTX Rtx Corporation3.5% of 13F
- CCL Carnival Corp Ltd1.4% of 13F
- ECHO EchoStar Corp1.0% of 13F
- MSDL Morgan Stanley Direct Lending Fund0.3% of 13F
- GSBD Goldman Sachs BDC Inc0.3% of 13F
Added to
No position grew by more than 5%.
Reduced
- ORCL Oracle Corp-89.5% shares
- Boeing Co-86.7% shares
- CYH Community Health Systems Inc-86.3% shares
- CRS Carpenter Technology Corp-82.2% shares
- AVB AvalonBay Communities Inc-77.2% shares
- NFE New Fortress Energy Inc-70.8% shares
- META Meta Platforms Inc-51.0% shares
- ATI Ati Inc-50.0% shares
Sold out
- VISN Vistance Networks Incwas 3.4%
- MSFT Microsoft Corpwas 2.3%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +7.9% /yr
- S&P 500 +20.1%
- 3 years
- +18.6% /yr
- S&P 500 +20.4%
- 5 years
- +14.3% /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.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $10.4M | 16 |
| Q1 2026 | $26.8M | 10 |
| Q4 2025 | $37.6M | 10 |
| Q3 2025 | $48.3M | 12 |
| Q2 2025 | $54.0M | 12 |
| Q1 2025 | $86.4M | 20 |
| Q4 2024 | $111.3M | 24 |
| Q3 2024 | $98.6M | 21 |
| Q2 2024 | $94.3M | 23 |
| Q1 2024 | $97.6M | 25 |
| Q4 2023 | $82.2M | 27 |
| Q3 2023 | $63.1M | 27 |
Questions about Jones Road Capital Management, L.P.'s portfolio
What stocks does Jones Road Capital Management, L.P. own?
Jones Road Capital Management, L.P.'s latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 16 positions worth $10.4M. The largest are Meta Platforms Inc (META) at 28.1%, Carpenter Technology Corp (CRS) at 19.6%, Firstenergy Corp (FE) at 12.2%, Ati Inc (ATI) at 9.5% and Oracle Corp at 5.8%.
What did Jones Road Capital Management, L.P. buy last quarter?
In Q2 2026, Jones Road Capital Management, L.P. added a new position in Firstenergy Corp (FE), a new position in Oracle Corp, a new position in Ducommun Inc Del (DCO), a new position in Rtx Corporation (RTX) and a new position in Carnival Corp Ltd (CCL), compared with its Q1 2026 filing.
What did Jones Road Capital Management, L.P. sell last quarter?
In Q2 2026, Jones Road Capital Management, L.P. sold all of Vistance Networks Inc (VISN), sold all of Microsoft Corp (MSFT), Oracle Corp (ORCL) (-89.5% shares), Boeing Co (-86.7% shares) and Community Health Systems Inc (CYH) (-86.3% shares), compared with its Q1 2026 filing.
How has Jones Road Capital Management, L.P.'s portfolio performed?
A portfolio copying Jones Road Capital Management, L.P.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +7.9% against +20.1%. Over 5 years: +14.3% a year against +11.6%.
When is Jones Road Capital Management, L.P.'s next 13F filing due?
13F filings are due 45 days after each quarter ends. Jones Road Capital Management, 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 Jones Road Capital Management, L.P. manage?
Jones Road Capital Management, L.P. reported $350.4M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $10.4M.