Hedge Fund - Hill City Capital

Herbert A. Frazier Bio, Returns, AUM, Net Worth

Hill City Capital, founded in 2020 by Herbert Frazier and based in Massachusetts, operates as a hedge fund manager. The firm implements a long-biased investment strategy, focusing on a long/short equity approach to build a portfolio primarily composed of public equity securities.

Herbert Anselem Frazier, founder and Chief Investment Officer, established Hill City Capital LP in 2019. He currently serves as a Director at Atlas Air Worldwide Holdings, Inc. since 2023. Previously, Mr. Frazier held roles at PAR Capital Management, Inc. from 2009 to 2019, where he was a Partner & Portfolio Manager. Earlier in his career, he worked as an Analyst at J.L. Kaplan Associates LLC and Trafelet & Co. LLC. Mr. Frazier earned his undergraduate degree from the University of Virginia in 1998 and an MBA from the University of Virginia Darden School of Business.

Hill City Capital, a hedge fund based in Massachusetts, manages $1,816,105,041 in discretionary assets for 6 clients.. Their Q1 2024 13F filing reported $1,356,974,915 in managed 13F securities with a top 10 holdings concentration of 84.57%. Spirit Aerosystems Holdings Inc. Class A is their largest holding, with 5,925,000 shares held.

Herbert A. Frazier
Fund Profile
Filing Period:
Fund Name: Hill City Capital
Manager Herbert A. Frazier
Portfolio Value $1,343,288,984
Change This QTR +0.86%
Filing Period:
Last update:
No. Security Ticker Shares Value Activity % Port History
1. MTZ 2,145,000 $250,342,950 +1% 18.64%
2. SPR 5,975,000 $205,898,500 15.33%
3. FSLR 1,355,000 $171,312,650 +60% 12.75%
4. DY 969,784 $147,736,895 +15% 11%
5. CRH 1,097,000 $96,503,090 7.18%