Rithm Capital Corp. - Form 13F Information Table Summary
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Rithm Capital Corp. for the reporting period ending December 31, 2024. The document discloses the company's equity holdings in U.S. securities as of the period end. It does not contain financial performance data (revenue, profit, cash flow) for Rithm Capital Corp. itself, but rather a snapshot of its investment portfolio.
Key Financial Metrics and Portfolio Composition
The filing lists 23 equity positions. The total value of these specific holdings is not explicitly summed in the text, but individual position values range from approximately $288,000 to $1.1 million. The portfolio is heavily concentrated in the Industrial and Utilities sectors.
| Issuer | Shares Held | Value (USD) | Voting Authority |
|---|---|---|---|
| Clean Harbors Inc. | 4,800 | $1,104,672 | Sole |
| NextEra Energy Inc. | 14,000 | $1,003,660 | Sole |
| Eaton Corp PLC | 3,000 | $995,610 | Sole |
| GE Vernova Inc. | 2,800 | $921,004 | Sole |
| Waste Mgmt Inc. | 4,500 | $908,055 | Sole |
| Hubbell Inc. | 2,000 | $837,780 | Sole |
| Quanta Svcs Inc. | 2,500 | $790,125 | Sole |
| Primoris Svcs Corp. | 10,000 | $764,000 | Sole |
| Parker-Hannifin Corp. | 1,200 | $763,236 | Sole |
| Duke Energy Corp. | 6,500 | $700,310 | Sole |
| Dycom Inds Inc. | 4,000 | $696,240 | Sole |
| Constellation Energy Corp. | 2,500 | $559,275 | Sole |
| Emcor Group Inc. | 1,250 | $567,375 | Sole |
| Emerson Elec Co. | 3,500 | $433,755 | Sole |
| Nextracker Inc. | 11,500 | $420,095 | Sole |
| First Solar Inc. | 2,300 | $405,352 | Sole |
| Fluence Energy Inc. | 25,000 | $397,000 | Sole |
| Waste Connections Inc. | 2,000 | $343,160 | Sole |
| AECOM | 3,000 | $320,460 | Sole |
| Republic Svcs Inc. | 1,500 | $301,770 | Sole |
| Southern Co. | 3,500 | $288,120 | Sole |
| Cheniere Energy Inc. | 3,500 | $752,045 | Sole |
| Powell Inds Inc. | 2,250 | $498,713 | Sole |
Note: The filing text does not provide a clear aggregate total value for the entire portfolio, nor does it disclose debt, liquidity, or margin data for Rithm Capital Corp.
Material Changes and Guidance
Material Changes: This filing is a static snapshot of holdings as of December 31, 2024. It does not provide comparative data against the prior quarter (September 30, 2024) to determine material changes in position size or new entries/exits.
Guidance and Outlook: The filing text does not contain management commentary, forward-looking guidance, risk factors, or contingencies. Form 13F filings are strictly regulatory disclosures of holdings and do not include narrative analysis.
Investor Verification Checklist
- Portfolio Concentration: Verify the total portfolio value by summing the disclosed positions and comparing it to the company's total assets to determine if this list represents the entire equity portfolio or a subset.
- Sector Exposure: Confirm the strategic alignment of the heavy weighting in Industrial and Utility sectors with the company's stated investment thesis.
- Position Sizing: Note that the largest single position (Clean Harbors Inc.) represents over $1.1 million, while the smallest (Southern Co.) is under $300,000; verify if this dispersion aligns with risk management policies.
- Voting Rights: All listed positions show "Sole" voting authority; verify if this is consistent with the company's standard operating procedure for all equity holdings.