Prana Capital Management LP is an SEC-registered investment adviser based in Greenwich, CT that reports managing 1 hedge fund on Form ADV. It reports $4.3 billion in regulatory assets under management. Its private funds, of all types, hold $3.3 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated -4.5% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +24.2% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $4.3 billionForm ADV Item 5.F
- Gross assets of private funds
- $3.3 billionAll private fund types, Form ADV
- Hedge funds managed
- 11 private funds in total
- Employees
- 10Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 287925
- Latest Form ADV
- 10/08/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
Estimated by AltMountain, derived from the firm’s public Form 13F filings. Not reported by the firm and not the return of any fund.
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +4.0% | +14.8% |
| Q1 2026 | -8.1% | -4.6% |
| Q4 2025 | +1.4% | +2.4% |
| Q3 2025 | +4.5% | +7.8% |
| Q2 2025 | +7.4% | +10.4% |
| Q1 2025 | -0.5% | -4.5% |
| Q4 2024 | +4.5% | +2.1% |
| Q3 2024 | +10.0% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Manager of this firm? Report your fund’s actual net return, or email hello@altmountain.com to correct or remove this estimate. Removal requests from the firm are honored.
13F holdings as of Jun 30, 2026
The 50 largest of 118 share positions ($3,279,669,575) reported by Prana Capital Management, LP on Form 13F for the quarter ended Jun 30, 2026, filed Aug 14, 2026. Shown as filed with the SEC. Original filing on SEC.gov ↗
| Stock | Value | % of 13F portfolio | Shares | Shares vs prior quarter |
|---|---|---|---|---|
| Blackrock Inc | $217,060,631 | 6.62% | 225,738 | -7.15% |
| Bank Of Amer Corp | $204,683,727 | 6.24% | 3,592,203 | -6.07% |
| Mastercard Incorporated | $183,004,925 | 5.58% | 356,318 | -5.12% |
| Chubb Limited | $166,987,815 | 5.09% | 490,074 | +3,729.60% |
| Home Depot Inc | $140,023,482 | 4.27% | 397,027 | +24.88% |
| Huntington Bancshares Inc | $140,004,590 | 4.27% | 7,896,480 | -1.64% |
| Truist Finl Corp | $126,706,160 | 3.86% | 2,543,279 | -13.63% |
| Wells Fargo & Co | $107,129,124 | 3.27% | 1,296,335 | -1.18% |
| Intercontinental Exchange In | $95,704,975 | 2.92% | 777,394 | -30.67% |
| LPL Finl Hldgs Inc | $89,826,625 | 2.74% | 318,896 | +29.04% |
| Lennar Corp | $86,445,278 | 2.64% | 955,302 | +12.59% |
| Keycorp | $84,686,876 | 2.58% | 3,674,051 | -5.73% |
| Citizens Finl Group Inc | $83,162,650 | 2.54% | 1,186,851 | +215.22% |
| Hca Healthcare Inc | $75,552,494 | 2.30% | 193,779 | +123.41% |
| Berkshire Hathaway Inc Del | $68,369,286 | 2.08% | 136,632 | New |
| S&P Global Inc | $67,768,879 | 2.07% | 166,402 | New |
| Reinsurance Group Amer Inc | $64,301,745 | 1.96% | 302,383 | +38.42% |
| Pulte Group Inc | $60,513,040 | 1.85% | 441,025 | +3,366.91% |
| Elevance Health Inc Formerly | $60,230,104 | 1.84% | 155,742 | -32.03% |
| State STR Corp | $58,253,699 | 1.78% | 343,477 | -49.43% |
| Gallagher Arthur J & Co | $51,486,353 | 1.57% | 224,273 | New |
| Regions Financial Corp New | $45,424,756 | 1.39% | 1,504,131 | +20.05% |
| Willis Towers Watson PLC LTD | $45,018,892 | 1.37% | 172,242 | +40.42% |
| Target Corp | $42,947,964 | 1.31% | 328,826 | +19.57% |
| Paychex Inc | $39,342,816 | 1.20% | 400,110 | +554.45% |
| Nasdaq Inc | $36,560,657 | 1.11% | 463,850 | +14.52% |
| American Intl Group Inc | $35,269,757 | 1.08% | 473,229 | -29.72% |
| Carlyle Group Inc | $34,261,454 | 1.04% | 813,618 | +25.06% |
| Stifel Finl Corp | $33,373,224 | 1.02% | 478,332 | +12.79% |
| Unitedhealth Group Inc | $32,400,437 | 0.99% | 77,955 | New |
| Hartford Insurance Group Inc | $31,258,818 | 0.95% | 235,880 | New |
| Humana Inc | $29,137,279 | 0.89% | 73,353 | New |
| Fiserv Inc | $27,233,933 | 0.83% | 555,228 | -1.46% |
| First Ctzns Bancshares Inc D | $27,208,410 | 0.83% | 13,076 | +14.27% |
| Waste Connections Inc | $23,557,298 | 0.72% | 141,324 | +9.83% |
| Rocket Cos Inc | $22,734,290 | 0.69% | 1,443,447 | +4.69% |
| Global Pmts Inc | $21,728,963 | 0.66% | 299,462 | -20.39% |
| Northern TR Corp | $21,580,845 | 0.66% | 124,142 | -65.33% |
| Fidelity Natl Information SV | $20,891,585 | 0.64% | 537,335 | -27.76% |
| Dicks Sporting Goods Inc | $20,286,340 | 0.62% | 89,442 | +550.20% |
| Equitable Hldgs Inc | $19,562,933 | 0.60% | 445,828 | New |
| Cintas Corp | $19,281,970 | 0.59% | 113,370 | +2,810.65% |
| American Homes 4 Rent | $19,269,274 | 0.59% | 574,859 | -45.44% |
| Citigroup Inc | $17,330,407 | 0.53% | 123,824 | +1,084.24% |
| Henry Jack & Assoc Inc | $16,821,635 | 0.51% | 122,126 | -14.99% |
| Ss&c Tech Hldgs | $14,998,168 | 0.46% | 241,711 | -40.29% |
| Everest Group LTD | $14,881,130 | 0.45% | 41,657 | -36.60% |
| Moelis & Co | $14,344,316 | 0.44% | 219,265 | +20.98% |
| Tradeweb Mkts Inc | $13,288,166 | 0.41% | 133,335 | +16.44% |
| Lincoln Natl Corp Ind | $13,127,435 | 0.40% | 371,356 | +408.01% |
Changes since Mar 31, 2026
Comparing the share counts in the two quarter-end filings: 31 new positions, 39 sold out, 44 increased, 43 reduced and 0 unchanged.
New positions
| Stock | Value | Shares |
|---|---|---|
| Berkshire Hathaway Inc Del | $68,369,286 | 136,632 |
| S&P Global Inc | $67,768,879 | 166,402 |
| Gallagher Arthur J & Co | $51,486,353 | 224,273 |
| Unitedhealth Group Inc | $32,400,437 | 77,955 |
| Hartford Insurance Group Inc | $31,258,818 | 235,880 |
| Humana Inc | $29,137,279 | 73,353 |
| Equitable Hldgs Inc | $19,562,933 | 445,828 |
| Salesforce Inc | $12,719,069 | 81,189 |
| Cincinnati Finl Corp | $12,664,317 | 68,404 |
| Cbre Group Inc | $11,785,510 | 87,501 |
| Block Inc | $11,415,504 | 150,204 |
| Houlihan Lokey Inc | $9,641,533 | 71,882 |
| Equifax Inc | $4,064,184 | 25,606 |
| Albertsons Companies Inc | $3,544,657 | 261,985 |
| Gartner Inc | $2,097,900 | 16,185 |
| BJS Whsl Club Hldgs Inc | $1,989,227 | 22,807 |
| State STR SPDR S&P 500 ETF T | $1,491,300 | 1,997 |
| Shopify Inc | $1,062,331 | 9,304 |
| Invitation Homes Inc | $1,012,669 | 33,521 |
| Servicenow Inc | $983,666 | 9,908 |
Sold out
| Stock | Value at Mar 31, 2026 | Shares held then |
|---|---|---|
| Aon PLC | $104,405,773 | 323,458 |
| Moodys Corp | $81,224,079 | 186,187 |
| The Cigna Group | $57,087,701 | 214,012 |
| Capital One Finl Corp | $33,936,906 | 186,027 |
| Assurant Inc | $25,598,774 | 117,528 |
| Voya Financial Inc | $19,559,743 | 286,296 |
| Affiliated Managers Group | $17,014,006 | 61,489 |
| Arch Cap Group LTD | $16,266,945 | 169,465 |
| Costco Wholesale Corporation | $16,116,259 | 16,174 |
| Paypal Hldgs Inc | $12,448,110 | 275,218 |
| Morgan Stanley | $9,480,713 | 57,609 |
| Markel Group Inc | $8,833,433 | 4,615 |
| Ameriprise Finl Inc | $6,990,412 | 15,730 |
| Ally Finl Inc | $6,918,720 | 176,363 |
| Affirm Hldgs Inc | $6,625,205 | 144,592 |
| TPG Inc | $6,226,387 | 153,700 |
| Jones Lang Lasalle Inc | $6,053,533 | 19,892 |
| Dollar Gen Corp | $5,600,732 | 47,172 |
| Miami Intl Hldgs Inc | $4,800,899 | 123,353 |
| Radian Group Inc | $4,655,216 | 140,726 |
Largest increases
| Stock | Change in shares | Change | Value now | Shares now |
|---|---|---|---|---|
| Chubb Limited | +477,277 | +3,729.60% | $166,987,815 | 490,074 |
| Pulte Group Inc | +428,304 | +3,366.91% | $60,513,040 | 441,025 |
| Citizens Finl Group Inc | +810,335 | +215.22% | $83,162,650 | 1,186,851 |
| Hca Healthcare Inc | +107,041 | +123.41% | $75,552,494 | 193,779 |
| Paychex Inc | +338,973 | +554.45% | $39,342,816 | 400,110 |
| Home Depot Inc | +79,098 | +24.88% | $140,023,482 | 397,027 |
| LPL Finl Hldgs Inc | +71,773 | +29.04% | $89,826,625 | 318,896 |
| Cintas Corp | +109,475 | +2,810.65% | $19,281,970 | 113,370 |
| Reinsurance Group Amer Inc | +83,931 | +38.42% | $64,301,745 | 302,383 |
| Dicks Sporting Goods Inc | +75,686 | +550.20% | $20,286,340 | 89,442 |
| Citigroup Inc | +113,368 | +1,084.24% | $17,330,407 | 123,824 |
| Willis Towers Watson PLC LTD | +49,581 | +40.42% | $45,018,892 | 172,242 |
| Lincoln Natl Corp Ind | +298,256 | +408.01% | $13,127,435 | 371,356 |
| Lennar Corp | +106,847 | +12.59% | $86,445,278 | 955,302 |
| Unum Group | +102,588 | +447.18% | $11,222,293 | 125,529 |
| Regions Financial Corp New | +251,246 | +20.05% | $45,424,756 | 1,504,131 |
| Target Corp | +53,825 | +19.57% | $42,947,964 | 328,826 |
| Carlyle Group Inc | +163,032 | +25.06% | $34,261,454 | 813,618 |
| Blackstone Inc | +45,709 | +284.86% | $7,266,711 | 61,755 |
| Ares Management Corporation | +48,240 | +169.82% | $8,531,578 | 76,647 |
Largest reductions
| Stock | Change in shares | Change | Value now | Shares now |
|---|---|---|---|---|
| State STR Corp | -335,718 | -49.43% | $58,253,699 | 343,477 |
| Raymond James Finl Inc | -356,019 | -99.08% | $504,740 | 3,320 |
| Intercontinental Exchange In | -343,975 | -30.67% | $95,704,975 | 777,394 |
| Northern TR Corp | -233,975 | -65.33% | $21,580,845 | 124,142 |
| Accenture PLC Ireland | -276,320 | -79.87% | $8,664,135 | 69,625 |
| Sei Invts Co | -325,018 | -70.01% | $12,211,249 | 139,223 |
| Elevance Health Inc Formerly | -73,403 | -32.03% | $60,230,104 | 155,742 |
| Simon Ppty Group Inc New | -98,725 | -74.23% | $7,664,486 | 34,270 |
| Truist Finl Corp | -401,189 | -13.63% | $126,706,160 | 2,543,279 |
| Lowes Cos Inc | -81,310 | -70.46% | $7,517,386 | 34,094 |
| Blackrock Inc | -17,372 | -7.15% | $217,060,631 | 225,738 |
| American Homes 4 Rent | -478,738 | -45.44% | $19,269,274 | 574,859 |
| American Intl Group Inc | -200,086 | -29.72% | $35,269,757 | 473,229 |
| Bank Of Amer Corp | -231,951 | -6.07% | $204,683,727 | 3,592,203 |
| Jefferies Financial Group In | -222,973 | -86.23% | $1,779,688 | 35,608 |
| Oracle Corp | -72,475 | -92.94% | $807,344 | 5,509 |
| Cognizant Technology Solutio | -268,260 | -94.61% | $592,066 | 15,287 |
| Ss&c Tech Hldgs | -163,103 | -40.29% | $14,998,168 | 241,711 |
| Globe Life Inc | -56,102 | -52.10% | $9,217,923 | 51,589 |
| Mastercard Incorporated | -19,237 | -5.12% | $183,004,925 | 356,318 |
Each list shows up to 20 positions, largest first by dollar amount. Changes compare two quarter-end snapshots, with the earlier share count adjusted for stock splits AltMountain detected. They do not show when, or at what price, anything was bought or sold.
From public Form 13F filings, not verified. Form 13F is filed up to 45 days after the quarter ends, so positions may have changed. It lists only certain long positions in U.S.-listed stocks and exchange-traded funds; options are not shown here, and short positions, most bonds, cash, non-U.S. securities and private investments are not reported at all, so a holding may be one side of a hedge. A filing covers the manager as a whole, not any single fund, and filings contain errors. This is not investment advice or a recommendation to buy or sell any security. Disclosures
Hedge funds filing Form D (2)
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
Private funds reported on Form ADV (1)
As reported in the adviser's Form ADV filed Mar 21, 2024. Funds also listed from Form D are shown above.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures