Mantle Ridge LP 13F Filings Tracker & Analysis

CIK: 0001695459

Concentrated strategySector-focusedHigh-turnover trader

Total reported value

$1.3B

Reporting period: 2026-03-31 · Number of holdings: 1

Mantle Ridge LP disclosed 1 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.3B and a quarterly turnover rate of 61.5%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "M"

Personality snowflake

Concentration: 100
Portfolio Stability: 61.53
Momentum/Contrarian: 50
Sector conviction: 100
Diversification: 2
Sizing Uniformity: —

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Add DLTR
0.0%　-$163.4M
Sold out APD

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change	4Q Trend
1	DLTR	Dollar Tree INC	Stock-Consumer Staples	100.00%	+40.53%	—

Portfolio Performance

Performance for Q3 2026

+14.8%

Performance Last 4 Quarters

+9%

Stdev: +29.7%
Beta: +0.69
Alpha: -23.5%
Max Drawdown: -54%
Annualized Perf: -14.2%
Batting Avg vs S&P: +52.8%
Sortino: -0.45
Stutzer: -0.11
Treynor: -0.16
Sterling: -0.46
Calmar: -0.26
Information Ratio: -1.02
Tracking Error: +28.6%
Stdev Down: +23.9%
Winning Months %: +44.4%
Losing Months %: +55.6%
Best 12 Months: +24.3%
Worst 12 Months: -48.2%
Efficiency Ratio: +0.15
Sharpe: -0.36
Stdev Sectors: 0%
Skewness: -0.5
Kurtosis: -0.45
Upside Potential: +1.52

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	1	$1.3B	62	1DLTR Top holdings2026-03-31 1.DLTR
2025-12-31	2	$2.5B	19	1DLTR 2APD Top holdings2025-12-31 1.DLTR 2.APD
2025-09-30	2	$2.3B	14	1DLTR 2APD Top holdings2025-09-30 1.DLTR 2.APD
2025-06-30	2	$2.4B	0	1DLTR 2APD Top holdings2025-06-30 1.DLTR 2.APD
2025-03-31	2	$2.1B	100	1APD 2DLTR Top holdings2025-03-31 1.APD 2.DLTR
2024-12-31	2	$2.1B	0	1APD 2DLTR Top holdings2024-12-31 1.APD 2.DLTR
2024-09-30	1	$851.2M	0	1DLTR Top holdings2024-09-30 1.DLTR
2024-06-30	1	$1.3B	0	1DLTR Top holdings2024-06-30 1.DLTR
2024-03-31	1	$1.6B	0	1DLTR Top holdings2024-03-31 1.DLTR
2023-12-31	3	$2.2B	0	1DLTR 2ARMK 3VSTS Top holdings2023-12-31 1.DLTR 2.ARMK 3.VSTS
2023-09-30	2	$1.6B	0	1DLTR 2ARMK Top holdings2023-09-30 1.DLTR 2.ARMK
2023-06-30	2	$1.7B	0	1DLTR 2ARMK Top holdings2023-06-30 1.DLTR 2.ARMK
2023-03-31	2	$1.7B	0	1DLTR 2ARMK Top holdings2023-03-31 1.DLTR 2.ARMK
2022-12-31	2	$1.7B	0	1DLTR 2ARMK Top holdings2022-12-31 1.DLTR 2.ARMK
2022-09-30	2	$1.6B	0	1DLTR 2ARMK Top holdings2022-09-30 1.DLTR 2.ARMK
2022-06-30	2	$1.9B	0	1DLTR 2ARMK Top holdings2022-06-30 1.DLTR 2.ARMK
2022-03-31	2	$1.9B	0	1DLTR 2ARMK Top holdings2022-03-31 1.DLTR 2.ARMK
2021-12-31	2	$99.7M	0	1ARMK 2DLTR Top holdings2021-12-31 1.ARMK 2.DLTR
2021-09-30	1	$88.9M	0	1ARMK Top holdings2021-09-30 1.ARMK
2021-06-30	1	$100.8M	1	1ARMK Top holdings2021-06-30 1.ARMK
2021-03-31	1	$102.2M	2	1ARMK Top holdings2021-03-31 1.ARMK
2020-12-31	1	$104.1M	37	1ARMK Top holdings2020-12-31 1.ARMK
2020-09-30	1	$71.5M	16	1ARMK Top holdings2020-09-30 1.ARMK
2020-06-30	1	$61.1M	12	1ARMK Top holdings2020-06-30 1.ARMK
2020-03-31	1	$54.0M	100	1ARMK Top holdings2020-03-31 1.ARMK
2019-12-31	1	$1.0B	100	1ARMK Top holdings2019-12-31 1.ARMK
2019-09-30	2	$2.7B	15	1CSX 2ARMK Top holdings2019-09-30 1.CSX 2.ARMK
2019-06-30	1	$2.9B	3	1CSX Top holdings2019-06-30 1.CSX
2019-03-31	1	$2.8B	7	1CSX Top holdings2019-03-31 1.CSX
2018-12-31	1	$2.7B	18	1CSX Top holdings2018-12-31 1.CSX
2018-09-30	1	$3.2B	15	1CSX Top holdings2018-09-30 1.CSX
2018-06-30	1	$2.7B	14	1CSX Top holdings2018-06-30 1.CSX
2018-03-31	1	$2.4B	1	1CSX Top holdings2018-03-31 1.CSX
2017-12-31	1	$2.4B	0	1CSX Top holdings2017-12-31 1.CSX

Holding changes this quarter

Mantle Ridge LP's most significant position changes for 2026-03-31: Sold out: Air Products & Chemicals INC (APD).

Position changes disclosed by Mantle Ridge LP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	DLTR	Dollar Tree INC	+40.5%	—	Unchanged
2	APD	Air Products & Chemicals INC	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-15	13F-HR	View on EDGAR
2025-12-31	2026-02-17	13F-HR	View on EDGAR
2025-09-30	2025-11-14	13F-HR	View on EDGAR
2025-06-30	2025-08-14	13F-HR	View on EDGAR
2025-03-31	2025-05-15	13F-HR	View on EDGAR
2024-12-31	2025-02-14	13F-HR	View on EDGAR
2024-09-30	2024-11-14	13F-HR	View on EDGAR
2024-06-30	2024-08-14	13F-HR	View on EDGAR
2024-03-31	2024-05-15	13F-HR	View on EDGAR
2023-12-31	2024-02-14	13F-HR	View on EDGAR
2023-09-30	2023-11-14	13F-HR	View on EDGAR
2023-06-30	2023-08-14	13F-HR	View on EDGAR
2023-03-31	2023-05-12	13F-HR	View on EDGAR
2022-12-31	2023-02-15	Amendment	View on EDGAR
2022-12-31	2023-02-14	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-12	13F-HR	View on EDGAR
2022-03-31	2022-05-13	13F-HR	View on EDGAR
2021-12-31	2022-02-11	13F-HR	View on EDGAR
2021-09-30	2021-11-15	13F-HR	View on EDGAR
2021-06-30	2021-08-17	13F-HR	View on EDGAR
2021-03-31	2021-05-14	13F-HR	View on EDGAR
2020-12-31	2021-02-16	13F-HR	View on EDGAR
2020-09-30	2020-11-16	13F-HR	View on EDGAR
2020-06-30	2020-08-14	13F-HR	View on EDGAR
2020-03-31	2020-05-15	13F-HR	View on EDGAR
2019-12-31	2020-02-14	13F-HR	View on EDGAR
2019-09-30	2019-11-15	13F-HR	View on EDGAR
2019-06-30	2019-08-14	13F-HR	View on EDGAR
2019-03-31	2019-05-16	13F-HR	View on EDGAR
2018-12-31	2019-02-14	13F-HR	View on EDGAR
2018-09-30	2018-11-14	13F-HR	View on EDGAR
2018-06-30	2018-08-14	13F-HR	View on EDGAR
2018-03-31	2018-05-14	13F-HR	View on EDGAR
2017-12-31	2018-02-14	13F-HR	View on EDGAR

FAQ

What is Mantle Ridge LP and what type of investor is it?

Mantle Ridge LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $1.3B, spread across 1 disclosed positions.

What are Mantle Ridge LP's largest equity positions?

Based on the latest 13F filing, Mantle Ridge LP's top holdings by market value are: 1. Dollar Tree INC (DLTR) — $1.3B (100.0%)

What changes did Mantle Ridge LP make in its most recent portfolio filing?

In the latest quarter, Mantle Ridge LP took a more defensive posture — trimming 0 positions and completely exiting 1 holdings. The largest of these moves: Sold out: Air Products & Chemicals INC (APD)

What sectors does Mantle Ridge LP focus on?

Mantle Ridge LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Consumer Staples: 100.0%

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CIK 0001807060

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$1.3B

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Concentration35.6

Portfolio Stability25.5

Sector conviction55.3

AUM within 0.0% of this institution

View detail

Gamble Jones Investment Counsel

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Total reported value

$1.3B

202 stks

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Portfolio Stability0.0

Sector conviction70.1

AUM within 0.0% of this institution

View detail

Marco Investment Management LLC

CIK 0001080493

Total reported value

$1.3B

232 stks

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Concentration8.5

Portfolio Stability16.6

Sector conviction52.7

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View detail

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CIK 0001014894

Total reported value

$274.5M

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Portfolio Stability0.0

Sector conviction51.1

1 of the top 5 holdings overlap, including Dollar Tree INC

View detail

Madison Investment Holdings INC

CIK 0001138060

Total reported value

$6.2B

283 stks

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Concentration3.9

Portfolio Stability21.1

Sector conviction48.2

1 of the top 5 holdings overlap, including Dollar Tree INC

View detail

EdgePoint Investment Group Inc.

CIK 0001481669

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1 of the top 5 holdings overlap, including Dollar Tree INC

View detail

Mantle Ridge LP 13F Filings Tracker & Analysis

CIK: 0001695459

Concentrated strategySector-focusedHigh-turnover trader

Total reported value

$1.3B

Reporting period: 2026-03-31 · Number of holdings: 1

Mantle Ridge LP disclosed 1 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.3B and a quarterly turnover rate of 61.5%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "M"

Personality snowflake

Concentration: 100
Portfolio Stability: 61.53
Momentum/Contrarian: 50
Sector conviction: 100
Diversification: 2
Sizing Uniformity: —

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Add DLTR
0.0%　-$163.4M
Sold out APD

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change	4Q Trend
1	DLTR	Dollar Tree INC	Stock-Consumer Staples	100.00%	+40.53%	—

Portfolio Performance

Performance for Q3 2026

+14.8%

Performance Last 4 Quarters

+9%

Stdev: +29.7%
Beta: +0.69
Alpha: -23.5%
Max Drawdown: -54%
Annualized Perf: -14.2%
Batting Avg vs S&P: +52.8%
Sortino: -0.45
Stutzer: -0.11
Treynor: -0.16
Sterling: -0.46
Calmar: -0.26
Information Ratio: -1.02
Tracking Error: +28.6%
Stdev Down: +23.9%
Winning Months %: +44.4%
Losing Months %: +55.6%
Best 12 Months: +24.3%
Worst 12 Months: -48.2%
Efficiency Ratio: +0.15
Sharpe: -0.36
Stdev Sectors: 0%
Skewness: -0.5
Kurtosis: -0.45
Upside Potential: +1.52

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	1	$1.3B	62	1DLTR Top holdings2026-03-31 1.DLTR
2025-12-31	2	$2.5B	19	1DLTR 2APD Top holdings2025-12-31 1.DLTR 2.APD
2025-09-30	2	$2.3B	14	1DLTR 2APD Top holdings2025-09-30 1.DLTR 2.APD
2025-06-30	2	$2.4B	0	1DLTR 2APD Top holdings2025-06-30 1.DLTR 2.APD
2025-03-31	2	$2.1B	100	1APD 2DLTR Top holdings2025-03-31 1.APD 2.DLTR
2024-12-31	2	$2.1B	0	1APD 2DLTR Top holdings2024-12-31 1.APD 2.DLTR
2024-09-30	1	$851.2M	0	1DLTR Top holdings2024-09-30 1.DLTR
2024-06-30	1	$1.3B	0	1DLTR Top holdings2024-06-30 1.DLTR
2024-03-31	1	$1.6B	0	1DLTR Top holdings2024-03-31 1.DLTR
2023-12-31	3	$2.2B	0	1DLTR 2ARMK 3VSTS Top holdings2023-12-31 1.DLTR 2.ARMK 3.VSTS
2023-09-30	2	$1.6B	0	1DLTR 2ARMK Top holdings2023-09-30 1.DLTR 2.ARMK
2023-06-30	2	$1.7B	0	1DLTR 2ARMK Top holdings2023-06-30 1.DLTR 2.ARMK
2023-03-31	2	$1.7B	0	1DLTR 2ARMK Top holdings2023-03-31 1.DLTR 2.ARMK
2022-12-31	2	$1.7B	0	1DLTR 2ARMK Top holdings2022-12-31 1.DLTR 2.ARMK
2022-09-30	2	$1.6B	0	1DLTR 2ARMK Top holdings2022-09-30 1.DLTR 2.ARMK
2022-06-30	2	$1.9B	0	1DLTR 2ARMK Top holdings2022-06-30 1.DLTR 2.ARMK
2022-03-31	2	$1.9B	0	1DLTR 2ARMK Top holdings2022-03-31 1.DLTR 2.ARMK
2021-12-31	2	$99.7M	0	1ARMK 2DLTR Top holdings2021-12-31 1.ARMK 2.DLTR
2021-09-30	1	$88.9M	0	1ARMK Top holdings2021-09-30 1.ARMK
2021-06-30	1	$100.8M	1	1ARMK Top holdings2021-06-30 1.ARMK
2021-03-31	1	$102.2M	2	1ARMK Top holdings2021-03-31 1.ARMK
2020-12-31	1	$104.1M	37	1ARMK Top holdings2020-12-31 1.ARMK
2020-09-30	1	$71.5M	16	1ARMK Top holdings2020-09-30 1.ARMK
2020-06-30	1	$61.1M	12	1ARMK Top holdings2020-06-30 1.ARMK
2020-03-31	1	$54.0M	100	1ARMK Top holdings2020-03-31 1.ARMK
2019-12-31	1	$1.0B	100	1ARMK Top holdings2019-12-31 1.ARMK
2019-09-30	2	$2.7B	15	1CSX 2ARMK Top holdings2019-09-30 1.CSX 2.ARMK
2019-06-30	1	$2.9B	3	1CSX Top holdings2019-06-30 1.CSX
2019-03-31	1	$2.8B	7	1CSX Top holdings2019-03-31 1.CSX
2018-12-31	1	$2.7B	18	1CSX Top holdings2018-12-31 1.CSX
2018-09-30	1	$3.2B	15	1CSX Top holdings2018-09-30 1.CSX
2018-06-30	1	$2.7B	14	1CSX Top holdings2018-06-30 1.CSX
2018-03-31	1	$2.4B	1	1CSX Top holdings2018-03-31 1.CSX
2017-12-31	1	$2.4B	0	1CSX Top holdings2017-12-31 1.CSX

Holding changes this quarter

Mantle Ridge LP's most significant position changes for 2026-03-31: Sold out: Air Products & Chemicals INC (APD).

Position changes disclosed by Mantle Ridge LP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	DLTR	Dollar Tree INC	+40.5%	—	Unchanged
2	APD	Air Products & Chemicals INC	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-15	13F-HR	View on EDGAR
2025-12-31	2026-02-17	13F-HR	View on EDGAR
2025-09-30	2025-11-14	13F-HR	View on EDGAR
2025-06-30	2025-08-14	13F-HR	View on EDGAR
2025-03-31	2025-05-15	13F-HR	View on EDGAR
2024-12-31	2025-02-14	13F-HR	View on EDGAR
2024-09-30	2024-11-14	13F-HR	View on EDGAR
2024-06-30	2024-08-14	13F-HR	View on EDGAR
2024-03-31	2024-05-15	13F-HR	View on EDGAR
2023-12-31	2024-02-14	13F-HR	View on EDGAR
2023-09-30	2023-11-14	13F-HR	View on EDGAR
2023-06-30	2023-08-14	13F-HR	View on EDGAR
2023-03-31	2023-05-12	13F-HR	View on EDGAR
2022-12-31	2023-02-15	Amendment	View on EDGAR
2022-12-31	2023-02-14	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-12	13F-HR	View on EDGAR
2022-03-31	2022-05-13	13F-HR	View on EDGAR
2021-12-31	2022-02-11	13F-HR	View on EDGAR
2021-09-30	2021-11-15	13F-HR	View on EDGAR
2021-06-30	2021-08-17	13F-HR	View on EDGAR
2021-03-31	2021-05-14	13F-HR	View on EDGAR
2020-12-31	2021-02-16	13F-HR	View on EDGAR
2020-09-30	2020-11-16	13F-HR	View on EDGAR
2020-06-30	2020-08-14	13F-HR	View on EDGAR
2020-03-31	2020-05-15	13F-HR	View on EDGAR
2019-12-31	2020-02-14	13F-HR	View on EDGAR
2019-09-30	2019-11-15	13F-HR	View on EDGAR
2019-06-30	2019-08-14	13F-HR	View on EDGAR
2019-03-31	2019-05-16	13F-HR	View on EDGAR
2018-12-31	2019-02-14	13F-HR	View on EDGAR
2018-09-30	2018-11-14	13F-HR	View on EDGAR
2018-06-30	2018-08-14	13F-HR	View on EDGAR
2018-03-31	2018-05-14	13F-HR	View on EDGAR
2017-12-31	2018-02-14	13F-HR	View on EDGAR