Equal-WT
WhaleScore 2.0
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HILL CITY CAPITAL, LP
BOSTON MA
Investment Advisor
Hedge Fund
Hill City Capital is based out of Boston. Hill City Capital is a hedge fund with 6 clients and discretionary assets under management (AUM) of $1,816,105,041 (Form ADV from 2024-03-28). Their last reported 13F filing for Q4 2024 included $1,561,245,252 in managed 13F securities
and a top 10 holdings concentration of 84.11%. Hill City Capital's largest holding is Mastec Inc. with shares held of 2,130,000. Whalewisdom has at least 18 13F filings, and 12 13G filings
Business Description
Hill City Capital LP may offer any advisory services, engage in any investment strategy, and make any investment that they consider appropriate, subject to each client’s investment objectives and guidelines as set forth in the Offering Documents. The investment strategies they pursue are speculative and entail substantial risks, and investors should be prepared to bear a substantial loss of capital. There can be no assurance that the investment objectives of any client will be achieved.
Neither Hill City Capital LP nor its management persons are registered as broker-dealers, futures commission merchants, commodity pool operators, commodity trading advisors or associated persons of the foregoing entities, and they do not recommend or select other investment advisers for their clients. To the best of their knowledge, there are no legal or disciplinary events that are material to an Investor’s or prospective investor’s evaluation of their advisory business or the integrity of their management.
Investment Strategy
Hill City's investment strategy aims to generate attractive absolute net returns for investors over multiple years while minimizing the risk of permanent capital loss. This strategy involves a concentrated portfolio, a long-duration investment horizon, a rigorous fundamental investment process, and active engagement with management.
However, investment strategies may evolve over time due to market developments, new investment products, changing industry practices, and technological innovation. The investment strategies are speculative and entail substantial risks, and there is no assurance that the investment objectives of any client will be achieved. The securities industry and the strategies engaged in by the Investment Manager are extremely competitive and involve a degree of risk.
Owners
- HILL CITY GP LLC - GENERAL PARTNER
- FRAZIER, HERBERT, ANSELEM - CHIEF INVESTMENT OFFICER/ LIMITED PARTNER/ MANAGING PARTNER
- Richards, Michael, Tate - CHIEF COMPLIANCE OFFICER/ CHIEF FINANCIAL OFFICER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2024-12-31
Top Buys (13F)
Name | % Change |
---|---|
FSLR First Solar Inc | 2.02% |
GVA Granite Construction | 0.77% |
DY Dycom Industries Inc | 0.63% |

2024-12-31
Top Sells (13F)
Name | % Change |
---|---|
ENS Enersys | 2.79% |
BLDR Builders FirstSource | 1.64% |
ROG Rogers Corp | 0.6% |
JBI Janus International | 0.54% |
SABR Sabre Corp | 0.3% |

2024-12-31
13F Holdings Summary
Name | $ Change |
---|---|
MTZ Mastec Inc. | 18.57% |
SPR Spirit Aerosystems H | 13.04% |
FSLR First Solar Inc | 9.6% |
DY Dycom Industries Inc | 9.47% |
TGI Triumph Group, Inc | 7.11% |

2024-12-31
13F Activity
Market Value | $1.56b, Prior: $1.51b |
Inflows (Outflows) as % of Total MV | +0.7689% |
New Purchases | 0 stocks |
Added To | 3 stocks |
Sold out of | 3 stocks |
Reduced holdings in | 5 stocks |
Top 10 Holdings % | 84.11% |
Turnover %[1] | 13.64% |
Turnover Alt %[2] | 5.66% |
Time Held Top 20 | 9.2105 quarters |
Time Held Top 10 | 7 quarters |
Time Held All | 9.58 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.

2024-12-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data

2024-12-31
Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31