# Hickory Lane Capital Management LP

> Institutional holdings reported to the SEC as of Q1 2023 on Form 13F. CIK 1817276. Source: https://holderbook.com/funds/1817276-hickory-lane-capital-management-lp/

- Reported value: $81.7M
- Positions: 24
- Weight of the ten largest: 61.5%
- Filed: 2023-05-01

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| LIBERTY MEDIA CORP DEL | [FWONKXXXX](https://holderbook.com/stocks/FWONKXXXX/) | $7.1M | 95,000 | 8.7% | 10 |
| WILLSCOT HLDGS CORP | [WSC](https://holderbook.com/stocks/WSC/) | $6.6M | 140,000 | 8.0% | 9 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $5.8M | 39,750 | 7.0% | 10 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.5M | 19,000 | 6.7% | 6 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $5.5M | 15,000 | 6.7% | 7 |
| API GROUP CORP | [APG](https://holderbook.com/stocks/APG/) | $4.5M | 200,000 | 5.5% | 10 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $4.0M | 8,500 | 4.9% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.9M | 38,000 | 4.8% | 5 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $3.8M | 90,000 | 4.7% | 10 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $3.6M | 10,500 | 4.4% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.5M | 33,500 | 4.2% | 10 |
| LITHIA MTRS INC | [LAD](https://holderbook.com/stocks/LAD/) | $2.8M | 12,250 | 3.4% | 10 |
| ALBEMARLE CORP | [ALB](https://holderbook.com/stocks/ALB/) | $2.8M | 12,500 | 3.4% | 9 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $2.8M | 17,500 | 3.4% | 5 |
| SHIFT4 PMTS INC | [FOUR](https://holderbook.com/stocks/FOUR/) | $2.7M | 36,000 | 3.3% | 10 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.5M | 8,500 | 3.1% | 6 |
| APTIV PLC | [APTVXXXX](https://holderbook.com/stocks/APTVXXXX/) | $2.5M | 22,000 | 3.0% | 10 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $2.3M | 30,000 | 2.8% | 1 |
| ENDEAVOR GROUP HLDGS INC | [EDR](https://holderbook.com/stocks/EDR/) | $2.0M | 85,000 | 2.5% | 1 |
| CHARTER COMMUNICATIONS INC | [CHTR](https://holderbook.com/stocks/CHTR/) | $2.0M | 5,500 | 2.4% | 10 |
| MARRIOTT VACATIONS WORLDWIDE | [VAC](https://holderbook.com/stocks/VAC/) | $1.8M | 13,000 | 2.1% | 9 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $1.7M | 12,000 | 2.0% | 3 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $1.2M | 3,000 | 1.5% | 1 |
| IRIDIUM COMMUNICATIONS INC | [IRDM](https://holderbook.com/stocks/IRDM/) | $1.1M | 17,500 | 1.3% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2023 | +10.3% | +7.0% | +3.2% | 80% |
| Q4 2022 | +7.5% | +7.1% | +0.4% | 77% |
| Q3 2022 | -0.7% | -5.3% | +4.6% | 80% |
| Q2 2022 | -19.0% | -16.5% | -2.5% | 84% |
| Q1 2022 | -12.3% | -4.9% | -7.4% | 86% |
| Q4 2021 | -0.7% | +10.7% | -11.4% | 83% |
| Q3 2021 | -5.7% | +0.3% | -6.0% | 81% |
| Q2 2021 | +5.3% | +8.0% | -2.7% | 95% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2023 | $81.7M | 24 |
| Q4 2022 | $100.4M | 24 |
| Q3 2022 | $96.2M | 25 |
| Q2 2022 | $109.6M | 26 |
| Q1 2022 | $163.7M | 33 |
| Q4 2021 | $188.0M | 32 |
| Q3 2021 | $177.1M | 32 |
| Q2 2021 | $204.5M | 40 |
| Q1 2021 | $153.9M | 40 |
| Q4 2020 | $116.6M | 31 |