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 $1,356,974,915
Change This QTR +1.20%
Filing Period:
Last update:
No. Security Ticker Shares Value Activity % Port History
1. SPR 5,925,000 $213,714,750 +4% 15.74%
2. MTZ 2,130,000 $198,622,500 +3% 14.63%
3. ARRY 11,300,335 $168,487,995 +28% 12.41%
4. CRH 1,097,000 $94,627,220 +8% 6.97%
5. DY 644,784 $92,545,848 +8% 6.82%