Arkolith/Funds/First Sabrepoint Capital Management LP

First Sabrepoint Capital Management LP

CIK 1731530
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

First Sabrepoint Capital Management LP holds a focused book of 27 stocks worth $244.6M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Matador Resources Co and trimmed Firstcash Holdings Inc. Their largest long position is Turning Point Brands Inc at 14% of the equity book. They also disclosed $322K in put options (a bearish bet) and $30.6M in call options (bullish), shown separately below and excluded from the equity book.

Build

Build on this 13F portfolio

The public view is the crawlable proof. The same sourced dataset is available through REST and MCP for agents, research scripts, and back-office tools.

Build

Ask your agent what First Sabrepoint Capital Management LP owns

This fund page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.

Copy-paste
curl -H "Authorization: Bearer YOUR_API_KEY" \
  "https://arkolith.com/api/v1/funds/1731530/holdings"
Ask your agent
Use Arkolith to show FIRST SABREPOINT CAPITAL MANAGEMENT LP's latest
holdings, largest changes, and filing provenance.
Opened
10
new positions
Added to
5
existing
Trimmed
9
reduced
Sold out
7
exited

Concentration

Top-heavy: focused book

Top 5 holdings
43%
Top 10 holdings
61%
Top 20 holdings
91%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

100% mapped to company sectors

Consumer Discretionary
34%
Consumer Staples
20%
Materials
13%
Energy
13%
Industrials
8%
Information Technology
6%
Financials
3%
Communication Services
2%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

27 positions
#SecurityValueShares% PortLast moveHistory
1Turning PT Brands Inc
COM
$34.7M400.0K
14.2%
Held
2Firstcash Holdings Inc
COM
$33.3M177.1K
13.6%
−9.2%
Reduced · −18K sh
3Cavco Inds Inc Del
COM
$16.0M33.0K
6.5%
+22%
Added · +6K sh
4Amrize Ltd
SHS
$10.5M188.0K
4.3%
−6.0%
Reduced · −12K sh
5Grand Canyon Ed Inc
COM
$9.9M58.0K
4.0%
+16%
Added · +8K sh
6Covista Inc
COM
$9.2M80.0K
3.8%
−41%
Reduced · −55K sh
7Vaalco Energy Inc
COM NEW
$8.9M1.40M
3.6%
−7.3%
Reduced · −110K sh
8British Amern Tob PLC
SPONSORED ADR
$8.8M150.0K
3.6%
Held
9Laureate Ed Inc
COMMON STOCK
$8.6M248.0K
3.5%
−50%
Reduced · −252K sh
10Matador Res Co
COM
$8.5M135.0K
3.5%
New
New position
11Autozone Inc
COM
$8.4M2.5K
3.5%
−17%
Reduced · −500 sh
12Peabody Engr Corp
COM
$8.2M250.0K
3.4%
+150%
Added · +150K sh
13Sterling Infrastructure Inc
COM
$8.1M20.0K
3.3%
−33%
Reduced · −10K sh
14NPK International Inc
COM SHS
$8.0M550.0K
3.3%
−15%
Reduced · −100K sh
15Ichor Holdings
SHS
$7.9M170.0K
3.2%
New
New position
16Ultra Clean Hldgs Inc
COM
$7.8M125.0K
3.2%
New
New position
17Build-A-Bear Workshop Inc
COM
$7.0M188.3K
2.9%
New
New position
18Triumph Financial Inc
COM
$6.6M110.7K
2.7%
+23%
Added · +21K sh
19Entegris Inc
COM
$6.4M55.0K
2.6%
New
New position
20Target Hospitality Corp
COM
$5.6M601.8K
2.3%
+301%
Added · +452K sh
21Versant Media Group Inc
COM CL A
$5.6M150.0K
2.3%
New
New position
22Sprouts FMRS MKT Inc
COM
$5.0M65.0K
2.0%
New
New position
23Par Pac Holdings Inc
COM NEW
$3.1M50.0K
1.3%
New
New position
24Topbuild Cor
COM
$2.8M8.0K
1.1%
Held
25Kosmos Energy Ltd
COM
$2.8M1.00M
1.1%
New
New position
26Americold Realty Trust Inc
COM
$2.0M171.8K
0.8%
New
New position
27Gbank Finl Hldgs Inc
COM
$757K28.3K
0.3%
−74%
Reduced · −82K sh
Showing all 27 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$322K
Call notional (bullish)$30.6M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishTURNING PT BRANDS INC$30.6M353K
PUT · bearishPROSHARES TR II$322K20K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202629$275.6M13F-HR
Q4 2025Dec 31, 2025Feb 13, 202629$259.1M13F-HR
Q3 2025Sep 30, 2025Nov 14, 202537$315.9M13F-HR
Q2 2025Jun 30, 2025Aug 14, 202535$280.6M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.