Soapstone Management L.P.

CIK: 0001726948SEC EDGAR →

Portfolio Value

$135.7B

Holdings

13

As of

Q4 2025

New Positions

2

Closed Positions

4

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ALAMOS GOLD INC NEW

695,285$26.8B
19.77%
2

CONSTELLIUM SE

1,350,000$25.4B
18.75%
3

PUBLIC STORAGE OPER CO

75,000$19.5B
14.34%
4

CITIZENS FINL GROUP INC

225,000$13.1B
9.68%
5

VAIL RESORTS INC

80,000$10.6B
7.83%
6

BALL CORP

200,000$10.6B
7.81%
7

AMERICAN WTR WKS CO INC NEW

75,000$9.8B
7.21%
8

AMAZON COM INC

41,250$9.5B
7.02%
9

OLIN CORP

150,000$3.1B
2.30%
10

AGNICO EAGLE MINES LTD

15,000$2.5B
1.87%

Quarterly Changes

Top Buys

AGI↑ Increased
$16.0B
BALLNEW
$10.6B
KNFNEW
$2.4B

Top Sells

AWC↓ Decreased
$10.4B
CFG↓ Decreased
$9.5B
AMZN↓ Decreased
$5.3B
BDXCLOSED
$4.4B
COOCLOSED
$4.4B

New Positions (2)

$10.6B · 200K shares
$2.4B · 34K shares

Closed Positions (2)

$4.4B · 24K shares
$4.4B · 64K shares

Sector Breakdown

Sector# HoldingsValue%
Basic Materials5$60.3B44.5%
Consumer Cyclical3$30.7B22.7%
Real Estate1$19.5B14.3%
Financial Services1$13.1B9.7%
Unknown1$9.8B7.2%
Industrials1$1.5B1.1%
Healthcare1$699.0M0.5%