Q2 2026 13F · SEC CIK 1726948
Soapstone Management L.P.
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $137.5M
- Reported positions
- 13
- Top holdings a year, 3 yrs
- +16.8%
- Assets under management
- $610.1M
Soapstone Management L.P. is a hedge fund that reported 13 positions worth $137.5M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Alamos Gold Inc (AGI, 22.1%), Public Storage (PSA, 13.3%), Cooper Cos Inc (COO, 11.7%). A portfolio copying its top holdings returned 16.8% a year over the last 3 years, against 20.4% for the S&P 500.
Soapstone Management L.P. holdings all 13 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 |
|---|---|---|---|
| AGIAlamos Gold Inc | 22.1% | +33.3% | $30.3M |
| PSAPublic Storage | 13.3% | -23.3% | $18.3M |
| COOCooper Cos Inc | 11.7% | — | $16.1M |
| HDBHdfc Bank Ltd | 9.9% | +110.0% | $13.6M |
| SCHWCharles Schwab Corp (the) | 9.6% | — | $13.3M |
| BDXBecton Dickinson & Co | 9.4% | +74.4% | $12.9M |
| POSTPost Hldgs Inc | 7.0% | — | $9.6M |
| CSTMConstellium SE | 4.6% | -75.0% | $6.4M |
| TFXTeleflex Incorporated | 4.6% | -57.9% | $6.3M |
| AMZNAmazon Com Inc | 3.5% | -14.9% | $4.8M |
| LDOSLeidos Holdings Inc | 1.9% | — | $2.6M |
| MTNVail Resorts Inc | 1.5% | -81.3% | $2.0M |
| BLDRBuilders Firstsource Inc | 1.0% | +0.0% | $1.3M |
What Soapstone Management L.P. bought and sold in Q2 2026, against Q1 2026.
New positions
- COO Cooper Cos Inc11.7% of 13F
- SCHW Charles Schwab Corp (the)9.6% of 13F
- POST Post Hldgs Inc7.0% of 13F
- LDOS Leidos Holdings Inc1.9% of 13F
Added to
- HDB Hdfc Bank Ltd+110.0% shares
- BDX Becton Dickinson & Co+74.4% shares
- AGI Alamos Gold Inc+33.3% shares
Reduced
- MTN Vail Resorts Inc-81.3% shares
- CSTM Constellium SE-75.0% shares
- TFX Teleflex Incorporated-57.9% shares
- PSA Public Storage-23.3% shares
- AMZN Amazon Com Inc-14.9% shares
Sold out
- CFG Citizens Finl Group Incwas 9.6%
- ANGI Angi Incwas 4.9%
- WDAY Workday Inc Cl Awas 1.6%
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
- +26.9% /yr
- S&P 500 +20.1%
- 3 years
- +16.8% /yr
- S&P 500 +20.4%
- 5 years
- +14.2% /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 | $137.5M | 13 |
| Q1 2026 | $140.4M | 12 |
| Q4 2025 | $135.7M | 13 |
| Q3 2025 | $147.3M | 13 |
| Q2 2025 | $150.7M | 15 |
| Q1 2025 | $128.0M | 14 |
| Q4 2024 | $106.4M | 15 |
| Q3 2024 | $120.3M | 15 |
| Q2 2024 | $149.9M | 18 |
| Q1 2024 | $179.2M | 16 |
| Q4 2023 | $182.8M | 19 |
| Q3 2023 | $216.3M | 18 |
Questions about Soapstone Management L.P.'s portfolio
What stocks does Soapstone Management L.P. own?
Soapstone Management L.P.'s latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 13 positions worth $137.5M. The largest are Alamos Gold Inc (AGI) at 22.1%, Public Storage (PSA) at 13.3%, Cooper Cos Inc (COO) at 11.7%, Hdfc Bank Ltd (HDB) at 9.9% and Charles Schwab Corp (the) (SCHW) at 9.6%.
What did Soapstone Management L.P. buy last quarter?
In Q2 2026, Soapstone Management L.P. added a new position in Cooper Cos Inc (COO), a new position in Charles Schwab Corp (the) (SCHW), a new position in Post Hldgs Inc (POST), a new position in Leidos Holdings Inc (LDOS), Hdfc Bank Ltd (HDB) (+110.0% shares), Becton Dickinson & Co (BDX) (+74.4% shares) and Alamos Gold Inc (AGI) (+33.3% shares), compared with its Q1 2026 filing.
What did Soapstone Management L.P. sell last quarter?
In Q2 2026, Soapstone Management L.P. sold all of Citizens Finl Group Inc (CFG), sold all of Angi Inc (ANGI), sold all of Workday Inc Cl A (WDAY), Vail Resorts Inc (MTN) (-81.3% shares), Constellium SE (CSTM) (-75.0% shares) and Teleflex Incorporated (TFX) (-57.9% shares), compared with its Q1 2026 filing.
How has Soapstone Management L.P.'s portfolio performed?
A portfolio copying Soapstone Management L.P.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +26.9% against +20.1%. Over 5 years: +14.2% a year against +11.6%.
When is Soapstone Management L.P.'s next 13F filing due?
13F filings are due 45 days after each quarter ends. Soapstone 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 Soapstone Management L.P. manage?
Soapstone Management L.P. reported $610.1M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $137.5M.