HC

Hourglass Capital, LLC

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$480.5M

Reporting period: 2026-03-31 · Number of holdings: 130

HOURGLASS CAPITAL, LLC disclosed 130 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $480.5M and a quarterly turnover rate of 50.3%.

Personality snowflake

Concentration
6.25
Portfolio Stability
50.27
Momentum/Contrarian
100
Sector conviction
36.61
Diversification
100
Sizing Uniformity
89.8

Recent moves

  • Add SPY

    +1644.3%　$10.5M

  • Add UBER

    +2936.8%　$9.8M

  • Trim DAL

    -73.2%　-$5.9M

  • Trim VLO

    -97.4%　-$5.3M

  • Add UNP

    +328.4%　$5.3M

  • Add LYB

    +19.4%　$5.4M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1CNRCore Natural Resources INCStock-Energy2.71%+0.32%-0.65%
2GOOGLAlphabet Inc-cl AStock-Comm Services2.71%-0.55%-6.28%
3NEMNewmont CORPStock-Materials2.65%-0.70%-24.33%
4CCitigroup INCStock-Financials2.61%—-4.74%
5SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth2.32%+2.18%+1644.31%
6GSGoldman Sachs Group INCStock-Financials2.32%—-6.49%
7NVDANvidia CORPStock-Tech2.32%+0.67%+55.89%
8CSCOCisco Systems INCStock-Tech2.27%—-5.73%
9MSMorgan StanleyStock-Financials2.20%-0.49%-8.62%
10XOMExxon Mobil CORPStock-Energy2.13%+0.73%+11.84%
11FCXFreeport-mcmoran INCStock-Materials2.12%+0.42%+11.92%
12UBERUber Technologies INCStock-Industrials2.12%+2.04%+2936.85%
13LYBLyondellBasell Industries N.V.Stock-Materials2.03%+1.08%+19.43%
14PFEPfizer INCStock-Healthcare2.03%—-20.67%
15MSFTMicrosoft CORPStock-Tech1.87%+0.49%+83.73%
16SLBSlb LTDStock-Energy1.85%—-26.49%
17KEXKirby CORPStock-Industrials1.81%—-12.67%
18CVXChevron CORPStock-Energy1.81%+0.29%-9.14%
19WMTWalmart INCStock-Consumer Staples1.79%—-8.53%
20KMIKinder Morgan INCStock-Energy1.75%—-10.28%
21WMBWilliams Cos INCStock-Energy1.71%—-6.09%
22GSKGsk Plc-spon AdrStock-Healthcare1.66%—+4.19%
23HCAHca Healthcare INCStock-Healthcare1.64%—-7.95%
24AVGOBroadcom INCStock-Tech1.62%—+20.87%
25WDSWoodside Energy Group-adrStock-Other1.61%+0.57%+4.87%
26HDHome Depot INCStock-Consumer Disc1.57%—+13.56%
27ABBVAbbvie INCStock-Healthcare1.54%-0.38%-12.45%
28KHCKraft Heinz Co/theStock-Consumer Staples1.54%+0.50%+65.15%
29ORCLOracle CORPStock-Tech1.51%-0.56%+0.02%
30IRMIron Mountain INCStock-Real Estate1.48%—-12.94%
31ZBHZimmer Biomet Holdings INCStock-Healthcare1.47%—-0.12%
32BHPBhp Group Ltd-spon AdrStock-Materials1.46%—+1.51%
33UNPUnion Pacific CORPStock-Industrials1.42%+1.09%+328.39%
34AAPLApple INCStock-Tech1.39%—-5.99%
35MAINMain Street Capital CORPStock-Financials1.36%—-1.05%
36VLYValley National BancorpStock-Financials1.33%—-0.39%
37UPSUnited Parcel Service-cl BStock-Industrials1.31%+0.43%+55.50%
38PMPhilip Morris InternationalStock-Consumer Staples1.31%-0.54%-28.86%
39TAt&t INCStock-Comm Services1.30%—+2.79%
40LAMRLamar Advertising Co-aStock-Real Estate1.28%—+1.03%
41IBMIntl Business Machines CORPStock-Tech1.27%—+1.20%
42VICIVici Properties INCStock-Real Estate1.26%—+5.88%
43VZVerizon Communications INCStock-Comm Services1.24%+0.70%+91.01%
44RFRegions Financial CORPStock-Financials1.09%—-3.82%
45SJMJm Smucker Co/theStock-Consumer Staples1.03%—+4.17%
46HPQHp INCStock-Tech1.01%—+1.72%
47AMZNAmazon.com INCStock-Consumer Disc0.82%+0.82%NEW
48MOAltria Group INCStock-Consumer Staples0.80%+0.68%+490.74%
49QCOMQualcomm INCStock-Tech0.76%—+4.24%
50PANWPalo Alto Networks INCStock-Tech0.75%+0.75%NEW
1–50 of 130

Holding changes this quarter

Hourglass Capital, LLC's most significant position changes for 2026-03-31: Sold out: General Motors Co (GM); Sold out: Nrg Energy INC (NRG); Sold out: Mckesson CORP (MCK); New buy: Amazon.com INC (AMZN); New buy: Palo Alto Networks INC (PANW).

Position changes disclosed by Hourglass Capital, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1SPYSs Spdr S&p 500 ETF Trust-us+2.2%+1644.31%Add
2UBERUber Technologies INC+2%+2936.85%Add
3UNPUnion Pacific CORP+1.1%+328.39%Add
4LYBLyondellBasell Industries N.V.+1.1%+19.43%Add
5XOMExxon Mobil CORP+0.7%+11.84%Add
6VZVerizon Communications INC+0.7%+91.01%Add
7MOAltria Group INC+0.7%+490.74%Add
8NVDANvidia CORP+0.7%+55.89%Add
9WDSWoodside Energy Group-adr+0.6%+4.87%Add
10KHCKraft Heinz Co/the+0.5%+65.15%Add
11SOFISofi Technologies INC+0.5%+1598.00%Add
12MSFTMicrosoft CORP+0.5%+83.73%Add
13UPSUnited Parcel Service-cl B+0.4%+55.50%Add
14FCXFreeport-mcmoran INC+0.4%+11.92%Add
15VWOVanguard Ftse Emerging Marke+0.4%+640.90%Add
16CNRCore Natural Resources INC+0.3%-0.65%Trim
17CVXChevron CORP+0.3%-9.14%Trim
18ABBVAbbvie INC-0.4%-12.45%Trim
19MSMorgan Stanley-0.5%-8.62%Trim
20PMPhilip Morris International-0.5%-28.86%Trim
21GOOGLAlphabet Inc-cl A-0.6%-6.28%Trim
22ORCLOracle CORP-0.6%+0.02%Add
23NEMNewmont CORP-0.7%-24.33%Trim
24BKRBaker Hughes Co-0.8%-65.33%Trim
25VLOValero Energy CORP-1.1%-97.42%Trim
26DALDelta Air Lines INC-1.3%-73.16%Trim
27GMGeneral Motors Co—EXITSold out
28NRGNrg Energy INC—EXITSold out
29MCKMckesson CORP—EXITSold out
30AMZNAmazon.com INC—NEWNew buy
31PANWPalo Alto Networks INC—NEWNew buy
32MMM3m Co—EXITSold out
33HPEHewlett Packard Enterprise—EXITSold out
34CMCSAComcast Corp-class A—EXITSold out
35UGIUgi CORP—EXITSold out
36IGSBIshares 1-5y Inv Grade CORP—NEWNew buy
37CPRICapri Holdings Limited—EXITSold out
38BIIBBiogen INC—EXITSold out
39CXWCorecivic INC—EXITSold out
40BACBank Of America CORP—EXITSold out
41TNLTravel + Leisure Co—EXITSold out
42QQQInvesco Qqq Trust Series 1—NEWNew buy
43OIO-i Glass INC—EXITSold out
44CAGConagra Brands INC—EXITSold out
45RSPInvesco S&p 500 Equal Weight—NEWNew buy
46LNGCheniere Energy INC—EXITSold out
47METAMeta Platforms Inc-class A—NEWNew buy
48JFRNuveen Floating Rate Income—NEWNew buy
49SYYSysco CORP—EXITSold out
50MPLXMplx LP—NEWNew buy

FAQ

What is Hourglass Capital, LLC and what type of investor is it?
Hourglass Capital, LLC 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 $480.5M, spread across 130 disclosed positions.
What are Hourglass Capital, LLC's largest equity positions?
Based on the latest 13F filing, Hourglass Capital, LLC's top holdings by market value are: 1. Core Natural Resources INC (CNR) — $13.0M (2.7%) 2. Alphabet Inc-cl A (GOOGL) — $13.0M (2.7%) 3. Newmont CORP (NEM) — $12.7M (2.6%) 4. Citigroup INC (C) — $12.6M (2.6%) 5. Ss Spdr S&p 500 ETF Trust-us (SPY) — $11.2M (2.3%)
What changes did Hourglass Capital, LLC make in its most recent portfolio filing?
In the latest reported quarter, Hourglass Capital, LLC made 50 notable position adjustments: 8 new positions were initiated, 16 existing holdings were added to, 10 positions were partially reduced, and 16 were completely exited. The largest of these moves: Sold out: General Motors Co (GM); Sold out: Nrg Energy INC (NRG); Sold out: Mckesson CORP (MCK); New buy: Amazon.com INC (AMZN); New buy: Palo Alto Networks INC (PANW)
What sectors does Hourglass Capital, LLC focus on?
Hourglass Capital, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 17.8% • Energy: 16.0% • Financials: 15.5% • Materials: 10.2% • Health Care: 9.9% • Industrials: 8.7%