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Portfolio (Quarterly) Guide ↗

Soapstone Management L.P.

· CIK 0001726948
13F Portfolio $136M AUM 13 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 2 New 1 Added 6 Reduced 2 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 CSTM CONSTELLIUM SE Basic Materials 1,350,000.0 $25.4M 18.75% -319K -19.1% $18.85 +70.0%
2 CFG CITIZENS FINL GROUP INC Financial Services 225,000.0 $13.1M 9.68% -200K -47.1% $58.41 +7.5%
3 MTN VAIL RESORTS INC Consumer Cyclical 80,000.0 $10.6M 7.83% -3K -3.6% $132.80 -4.5%
4 AWK AMERICAN WTR WKS CO INC NEW Utilities 75,000.0 $9.8M 7.21% -70K -48.3% $130.50 -5.1%
5 AMZN AMAZON COM INC Consumer Cyclical 41,250.0 $9.5M 7.02% -26K -38.9% $230.82 +16.3%
6 AEM AGNICO EAGLE MINES LTD Basic Materials 15,000.0 $2.5M 1.87% -15K -50.0% $169.53 +4.8%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Basic Materials 44.5%
Consumer Cyclical 22.7%
Real Estate 14.3%
Financial Services 9.7%
Utilities 7.2%
Industrials 1.1%
Healthcare 0.5%