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Sachem Head Capital Management LP

The positions Sachem Head Capital Management LP reported on its Form 13F for Q2 2026, the quarter ending 30 Jun 2026, filed on 14 Aug 2026. Every figure below is the filing’s own: US-listed long equity, valued at the quarter end, with the change measured against the same manager’s previous filing.

Reported book
$4.8bn
+$669m on Q1 2026
Positions
19
7 new, 7 sold out
Top ten weight
74%
Concentrated
Quarter
Q2 2026
Filed 14 Aug 2026
Read the Q2 2026 filing on sec.gov CIK 0001582090 · Value / activist · NY
Reported book by quarter
$0$2.4bn$4.8bnQ3 24: $1.9bn$1.9bnQ3 24Q4 24: $1.8bn$1.8bnQ4 24Q1 25: $2.5bn$2.5bnQ1 25Q2 25: $3.2bn$3.2bnQ2 25Q3 25: $3.5bn$3.5bnQ3 25Q4 25: $4.3bn$4.3bnQ4 25Q1 26: $4.2bn$4.2bnQ1 26Q2 26: $4.8bn$4.8bnQ2 26
Largest positions, share of the book
Talen Energy Corp (TLN): 11%Talen Energy Corp (TLN)11%Seagate Technology Hldngs PL: 9.5%Seagate Technology Hldn…9.5%Primo Brands Corporation (PRMB): 9.0%Primo Brands Corporatio…9.0%Performance Food Group Co (PFGC): 7.8%Performance Food Group …7.8%MKS Inc. (MKSI): 7.5%MKS Inc. (MKSI)7.5%Dicks Sporting Goods Inc: 7.0%Dicks Sporting Goods Inc7.0%Carvana Co (CVNA): 6.1%Carvana Co (CVNA)6.1%Sotera Health Co (SHC): 5.7%Sotera Health Co (SHC)5.7%Celsius Hldgs Inc: 5.5%Celsius Hldgs Inc5.5%GDS Hldgs Ltd: 5.4%GDS Hldgs Ltd5.4%

Opened this quarter

A new position is the clearest thing a filing says. Somebody argued for it recently, and it is the easiest question to be ready for.

  • Seagate Technology Hldngs PL$456m · 9.5%
  • MKS Inc. (MKSI)$362m · 7.5%
  • Celsius Hldgs Inc$266m · 5.5%
  • Golar LNG LTD (GLNG)$180m · 3.7%
  • Bruker Corp$175m · 3.6%
  • STMicroelectronics N V$165m · 3.4%
  • Riot Platforms Inc (RIOT)$78m · 1.6%

Sold out of this quarter

Exits are valued at what the position was worth in the previous filing, because by this one it is gone.

  • Echostar Corp (ECHO)$352m held before
  • Weatherford Intl PLC$239m held before
  • Icon PLC (ICLR)$233m held before
  • Coherent Corp (COHR)$230m held before
  • On Semiconductor Corp (ON)$120m held before
  • Sprinklr Inc (CXM)$35m held before
  • Akamai Technologies Inc (AKAM)$27m held before

Every reported position, Q2 2026

19 positions, sorted by weight

PositionWeightValueSharesChange on the quarterAction
Invesco Exchange Traded FD T
S&P500 EQL WGT · CUSIP 46137V357
1.2%$56m265,000
+$19m
+68,500 shares
Added
Riot Platforms Inc (RIOT)
COM · CUSIP 767292105
1.6%$78m2,865,000No earlier filingNew
Six Flags Entertainment Corp (FUN)
COM · CUSIP 83001C108
2.2%$107m5,030,000
+$18m
0 shares
Held
Twilio Inc (TWLO)
CL A · CUSIP 90138F102
2.7%$128m620,000
-$161m
-1,675,000 shares
Trimmed
Bitdeer Technologies Group (BTDR)
CL A ORD SHS · CUSIP G11448100
3.2%$153m9,635,000
+$70m
0 shares
Held
STMicroelectronics N V
NY REGISTRY · CUSIP 861012102
3.4%$165m2,200,000No earlier filingNew
Bruker Corp
COM · CUSIP 116794108
3.6%$175m2,915,000No earlier filingNew
Golar LNG LTD (GLNG)
SHS · CUSIP G9456A100
3.7%$180m3,620,000No earlier filingNew
Gildan Activewear Inc (GIL)
COM · CUSIP 375916103
3.9%$188m3,640,000
-$43m
-500,000 shares
Trimmed
GDS Hldgs Ltd
Sponsored ADS · CUSIP 36165L108
5.4%$261m8,685,000
-$89m
0 shares
Held
Celsius Hldgs Inc
COM NEW · CUSIP 15118V207
5.5%$266m9,090,000No earlier filingNew
Sotera Health Co (SHC)
COM · CUSIP 83601L102
5.7%$276m15,560,000
+$109m
+3,915,000 shares
Added
Carvana Co (CVNA)
CL A · CUSIP 146869102
6.1%$295m4,475,000
+$46m
+3,685,000 shares
Added
Dicks Sporting Goods Inc
COM · CUSIP 253393102
7.0%$338m1,490,000
+$20m
-115,000 shares
Trimmed
MKS Inc. (MKSI)
COM · CUSIP 55306N104
7.5%$362m812,700No earlier filingNew
Performance Food Group Co (PFGC)
COM · CUSIP 71377A103
7.8%$375m3,350,000
+$88m
0 shares
Held
Primo Brands Corporation (PRMB)
CLASS A COM SHS · CUSIP 741623102
9.0%$435m17,795,000
+$113m
+700,000 shares
Added
Seagate Technology Hldngs PL
ORD SHS · CUSIP G7997R103
9.5%$456m472,000No earlier filingNew
Talen Energy Corp (TLN)
COM · CUSIP 87422Q109
11%$526m1,370,000
+$32m
-177,500 shares
Trimmed

Every filing on file

QuarterPeriod endFiledBookPositionsTop 10Filing
Q2 202630 Jun 202614 Aug 2026$4.8bn1974%13F-HR
Q1 202631 Mar 202615 May 2026$4.2bn1975%13F-HR
Q4 202531 Dec 202513 Feb 2026$4.3bn2074%13F-HR
Q3 202530 Sept 202514 Nov 2025$3.5bn1977%13F-HR
Q2 202530 Jun 202514 Aug 2025$3.2bn1972%13F-HR
Q1 202531 Mar 202515 May 2025$2.5bn1678%13F-HR
Q4 202431 Dec 202414 Feb 2025$1.8bn1489%13F-HR
Q3 202430 Sept 202414 Nov 2024$1.9bn1488%13F-HR

Taking this into the room

Pick one name from the top of the book and one from the new positions, and know both properly: what the company earns, what it is priced at, and what has to be true for the position to work. That is a conversation. Reciting the whole table is not, and the interviewer wrote it.

A position sold out of is worth as much preparation as one opened. Ask what changed rather than asserting the fund was wrong, and be ready for the answer that the thesis played out and the money went somewhere better.

What this filing leaves out

A 13F covers US-listed long equity at one moment in time. Shorts, bonds, cash, private positions and non-US listings never appear, and options are reported in a form that will mislead you if you read them as a position. A long/short manager showing $8bn here may run a book several times that size.

The lag matters too. Positions are as at the quarter end and the filing arrives up to forty-five days later, so what you are reading is at least six weeks old and possibly four months. Phrase it as what the filing showed, not what the fund holds today.

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