683 Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), 683 Capital Management, LLC reported 101 stock positions worth $930.0 million. Its top holding was Capital One Financial (COF) at 7.4% of the portfolio, followed by Carvana (CVNA, 5.6%) and Gxo Logistics (GXO, 4.9%). Compared with Q1 2025, it opened 17 new positions, sold out of 19, added to 32 and reduced 45. The biggest buy was a new position in Barrick Mining (B) and the biggest sale Philip Morris International (PM, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001404574
- Portfolio Value
- $930.0M (Q2 2025)
- SEC Filing
- 0001085146-25-005065 ↗ filed Aug 14, 2025
Holdings Value
Holdings 101 stocks · $930.0M
| COF Capital One Financial Corp. | 7.35% | 321,500 | $68.4M | Add +4.4% |
| CVNA Carvana Co. | 5.62% | 155,000 | $52.2M | Reduce -9.9% |
| GXO Gxo Logistics Inc. | 4.92% | 940,000 | $45.8M | Reduce -1.1% |
| AMTM Amentum Holdings Inc. | 4.14% | 1,630,000 | $38.5M | Add +60.9% |
| HGV Hilton Grand Vacations Inc. | 3.46% | 775,000 | $32.2M | Add +1.2% |
| B Barrick Mining Corp. | 3.08% | 1,375,000 | $28.6M | New |
| WVE Wave Life Sciences Ltd. | 2.87% | 4,100,000 | $26.7M | Add +4.5% |
| PTGX Protagonist Therapeutics Inc. | 2.64% | 445,000 | $24.6M | Reduce -11.0% |
| WDC Western Digital Corp. | 2.33% | 339,000 | $21.7M | Reduce -32.2% |
| PHAT Phathom Pharmaceuticals Inc. | 2.17% | 2,105,000 | $20.2M | Add +45.7% |
| UWMC Uwm Holdings Corp. | 2.14% | 4,800,000 | $19.9M | New |
| BBIO Bridgebio Pharma Inc. | 1.97% | 425,000 | $18.4M | Reduce -26.1% |
| QURE Uniqure NV | 1.93% | 1,285,000 | $17.9M | Reduce -17.1% |
| ERO Ero Copper Corp. | 1.91% | 1,050,000 | $17.7M | Reduce -41.7% |
| MGTX Meiragtx Holdings PLC | 1.89% | 2,690,000 | $17.5M | Add +4.5% |
| UNH Unitedhealth Group Inc. | 1.86% | 55,500 | $17.3M | Add +6.7% |
| AMLX Amylyx Pharmaceuticals Inc. | 1.49% | 2,160,000 | $13.8M | Reduce -10.4% |
| LLY Eli Lilly & Co. | 1.49% | 17,750 | $13.8M | Add +136.7% |
| CCOI Cogent Communications Holdin | 1.45% | 280,000 | $13.5M | Reduce -5.1% |
| IRS Irsa -SP ADR filed as IRSA INVERSIONES Y REP S A | 1.36% | 905,000 | $12.6M | Add +80.6% |
| LEN.B Lennar Corp. Class B | 1.30% | 115,000 | $12.1M | No change |
| MREO Mereo Biopharma Group PL-ADR | 1.27% | 4,350,000 | $11.8M | Reduce -6.2% |
| ASML ASML Holding NV-NY Reg SHS | 1.26% | 14,650 | $11.7M | Reduce -6.4% |
| SRPT Sarepta Therapeutics Inc. | 1.24% | 675,000 | $11.5M | Add +309.1% |
| XHR Xenia Hotels & Resorts Inc. | 1.20% | 890,000 | $11.2M | No change |
| INSE Inspired Entertainment Inc. | 1.20% | 1,365,000 | $11.2M | Reduce -12.7% |
| ANAB Anaptysbio Inc. | 1.19% | 500,000 | $11.1M | Add +155.6% |
| SAGE Sage Therapeutics Inc. | 1.13% | 1,150,000 | $10.5M | Add +15.0% |
| ARIS Aris Mining Corp. filed as ARIS MNG CORP | 1.09% | 1,500,000 | $10.1M | Reduce -7.7% |
| VIGL Vigil Neuroscience Inc. | 1.08% | 1,261,772 | $10.0M | Reduce -27.5% |
| KNOP Knot Offshore Partners LP | 1.07% | 1,585,000 | $9.9M | Reduce -1.6% |
| ZVRA Zevra Therapeutics Inc. | 1.07% | 1,125,000 | $9.9M | Reduce -8.2% |
| ELV Elevance Health Inc. | 1.05% | 25,000 | $9.7M | Reduce -7.4% |
| CRESY Cresud S.A.-Spons ADR | 1.03% | 889,000 | $9.6M | Add +7.1% |
| HRMY Harmony Biosciences Holdings | 1.03% | 302,000 | $9.5M | Add +0.7% |
| CNC Centene Corp. | 0.99% | 170,000 | $9.2M | Reduce -35.9% |
| WAL Western Alliance Bancorp | 0.99% | 117,500 | $9.2M | Add +6.8% |
| LEN Lennar Corp. Class A | 0.94% | 79,000 | $8.7M | Add +125.7% |
| MRP Millrose Properties | 0.93% | 303,800 | $8.7M | Reduce -14.4% |
| GOSS Gossamer Bio Inc. | 0.84% | 6,340,000 | $7.8M | Add +3.9% |
| MDGL Madrigal Pharmaceuticals Inc. | 0.81% | 24,865 | $7.5M | Add +5.5% |
| APLS Apellis Pharmaceuticals Inc. | 0.76% | 410,000 | $7.1M | Add +23.1% |
| SN Sharkninja Inc. | 0.75% | 70,000 | $6.9M | New |
| VKTX Viking Therapeutics Inc. | 0.72% | 254,000 | $6.7M | Reduce -16.7% |
| GOOGL Alphabet Inc. Class A | 0.68% | 36,000 | $6.3M | New |
| SAIC Science Applications Inte | 0.67% | 55,500 | $6.2M | Add +13.3% |
| AMZN Amazon.com Inc. | 0.66% | 28,000 | $6.1M | New |
| SNDK Sandisk Corp. | 0.64% | 132,000 | $6.0M | Reduce -5.7% |
| BNED Barnes & Noble Education Inc. | 0.62% | 487,000 | $5.7M | Reduce -5.4% |
| CZR Caesars Entertainment Inc. | 0.61% | 200,000 | $5.7M | Reduce -46.7% |
| SDRL Seadrill Limited | 0.61% | 215,000 | $5.6M | Add +258.3% |
| PAX Patria Investments Ltd. Class A | 0.60% | 400,000 | $5.6M | New |
| FOLD Amicus Therapeutics Inc. | 0.59% | 960,000 | $5.5M | Add +249.1% |
| FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR | 0.57% | 500,000 | $5.3M | No change |
| CACI Caci International Inc. Class A | 0.56% | 11,000 | $5.2M | Reduce -4.3% |
| WLAC Willow Lane Acquisition Class A | 0.55% | 500,000 | $5.1M | No change |
| SOC Sable Offshore Corp. | 0.53% | 225,000 | $4.9M | Add +72.4% |
| BTI British American Tob-SP ADR | 0.51% | 100,000 | $4.7M | No change |
| BLDR Builders Firstsource Inc. | 0.48% | 38,000 | $4.4M | New |
| GERN Geron Corp. | 0.47% | 3,100,000 | $4.4M | Add +8.8% |
| STGW Stagwell Inc. | 0.46% | 950,000 | $4.3M | Add +26.7% |
| ABEO Abeona Therapeutics Inc. | 0.46% | 750,000 | $4.3M | Add +11.1% |
| C Citigroup Inc. | 0.46% | 50,000 | $4.3M | New |
| ALDX Aldeyra Therapeutics Inc. | 0.44% | 1,080,000 | $4.1M | Add +126.9% |
| SBLK Star Bulk Carriers Corp. | 0.42% | 225,000 | $3.9M | Reduce -25.0% |
| IBIT iShares Bitcoin Trust ETF | 0.41% | 63,000 | $3.9M | Reduce -42.7% |
| IAG Iamgold Corp. | 0.40% | 510,000 | $3.7M | New |
| TVRD Tvardi Therapeutics Inc. | 0.39% | 176,030 | $3.6M | New |
| NE Noble Corp. PLC | 0.39% | 136,000 | $3.6M | Reduce -36.7% |
| SLNO Soleno Therapeutics Inc. | 0.38% | 42,000 | $3.5M | Reduce -16.0% |
| HDSN Hudson Technologies Inc. | 0.33% | 375,000 | $3.0M | Reduce -6.8% |
| VTOL Bristow Group Inc. | 0.31% | 88,133 | $2.9M | New |
| IMTX Immatics NV | 0.31% | 540,000 | $2.9M | Reduce -12.2% |
| GSAT Globalstar Inc. | 0.31% | 123,000 | $2.9M | Reduce -6.1% |
| HCC Warrior Met Coal Inc. | 0.30% | 61,000 | $2.8M | Reduce -6.2% |
| CDLX Cardlytics Inc. | 0.29% | 1,650,000 | $2.7M | Add +6.5% |
| HHH Howard Hughes Holdings Inc. | 0.29% | 40,000 | $2.7M | Reduce -66.7% |
| NVGS Navigator Holdings Ltd. | 0.29% | 190,000 | $2.7M | No change |
| PANL Pangaea Logistics Solutions | 0.29% | 565,000 | $2.7M | Reduce -7.4% |
| DDI Doubledown Interactive -ADR | 0.28% | 275,000 | $2.6M | New |
| RNAC Cartesian Therapeutics Inc. | 0.24% | 219,000 | $2.3M | Add +46.0% |
| IVVD Invivyd Inc. | 0.24% | 3,070,000 | $2.2M | Add +2.3% |
| IFRX Inflarx NV | 0.21% | 2,475,000 | $2.0M | Reduce -5.7% |
| PM Philip Morris International | 0.20% | 10,000 | $1.8M | Reduce -93.8% |
| VAL Valaris Ltd. | 0.17% | 37,500 | $1.6M | Reduce -6.3% |
| BLUWU Blue Water Acquisition III filed as BLUE WTR ACQUISITION CORP. I | 0.16% | 150,000 | $1.5M | New |
| SVM Silvercorp Metals Inc. | 0.16% | 350,000 | $1.5M | Reduce -22.2% |
| MODULAR MED INC | 0.15% | 1,919,600 | $1.4M | Reduce -3.0% |
| HYLN Hyliion Holdings Corp. | 0.12% | 850,000 | $1.1M | Reduce -10.5% |
| THRD Third Harmonic Bio Inc. | 0.12% | 200,000 | $1.1M | No change |
| GUTS Fractyl Health Inc. | 0.11% | 645,000 | $1.0M | Reduce -0.8% |
| LWACU Lightwave Acquisition Corp. | 0.11% | 100,000 | $1.0M | New |
| STTK Shattuck Labs Inc. | 0.09% | 1,095,000 | $867K | Add +4.3% |
| OYSEU Oyster Enterprises II Acquis | 0.08% | 75,000 | $759K | New |
| PYXS Pyxis Oncology Inc. | 0.06% | 545,000 | $600K | Reduce -0.9% |
| MERSANA THERAPEUTICS INC | 0.06% | 1,990,000 | $589K | Add +20.6% |
| SOLV Solventum Corp. | 0.05% | 6,500 | $493K | Reduce -87.0% |
| CYPH Cypherpunk Technologies Inc. filed as LEAP THERAPEUTICS INC | 0.05% | 1,444,143 | $429K | Reduce -0.4% |
| REVIVA PHARMACEUTCLS HLDGS I | 0.04% | 1,000,000 | $381K | New |
| SAFX XCF Global Inc. Class A | 0.01% | 41,667 | $73K | New |
| IMUX Immunic Inc. | 0.00% | 62,458 | $44K | Reduce -93.1% |
Options reported separately and not counted above: PLTR puts ($93.4M), TSLA puts ($91.5M), LLY puts ($81.9M), MSTR puts ($58.5M), ALNY puts ($46.1M), MDGL puts ($46.0M), NVO puts ($27.9M), COIN puts ($17.9M), COF puts ($16.0M), HIMS puts ($15.5M), ASML puts ($12.0M), C puts ($8.5M), and 6 more.
Other holdings (15): bonds, preferreds, convertibles and warrants · $56.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 24,750,000 | $30.8M | No change |
| STRATEGY INC (MSTR 0.875 03/15/31) | NOTE 0.875% 3/1 · principal | 5,000,000 | $9.4M | No change |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | 13,145,000 | $6.8M | No change |
| CARDLYTICS INC (CDLX 4.25 04/01/29) | NOTE 4.250% 4/0 · principal | 15,000,000 | $6.2M | New |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 1,000,000 | $1.8M | No change |
| IRS.WS Irsa Inversiones Y Rep -CW26 | *W EXP 05/12/202 | 443,824 | $746K | Reduce -87.8% |
| CRESW Cresud Saci-CW26 | *W EXP 03/09/202 | 107,733 | $90K | Reduce -93.8% |
| WLACW Willow Lane Acquisition - 29 | *W EXP 10/31/203 | 250,000 | $90K | No change |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 775,000 | $75K | No change |
| CRGOW Freightos Ltd.-CW28 | *W EXP 99/99/999 | 195,000 | $39K | No change |
| BRLSW Oxus Acquisition Corp. -CW23 | *W EXP 02/07/202 | 200,000 | $18K | No change |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 125,000 | $7K | No change |
| APLMW Apollomics Inc.-27 | *W EXP 04/01/202 | 130,000 | $6K | No change |
| MSAIW Sportsmap Tech Acq -CW27 | *W EXP 12/19/202 | 150,000 | $5K | No change |
| IMTXW Immatics NV -CW | *W EXP 07/01/202 | 348,032 | $209 | No change |
Total filed on the 13F, all lines: $986.1M.
Portfolio Sells Q1 2025 → Q2 2025
| PM Philip Morris International | Reduce -93.8% | 0.20% | −2.63 |
| AB Alliancebernstein Holding LP | Sold out | 0.00% | −2.24 |
| HES Hess Corp. | Sold out | 0.00% | −1.91 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −1.82 |
| TGTX TG Therapeutics Inc. | Sold out | 0.00% | −1.29 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −1.25 |
| ITOS Iteos Therapeutics Inc. | Sold out | 0.00% | −1.16 |
| IOVA Iovance Biotherapeutics Inc. | Sold out | 0.00% | −0.89 |
| CNC Centene Corp. | Reduce -35.9% | 0.99% | −0.80 |
| KBR KBR Inc. | Sold out | 0.00% | −0.73 |
| HHH Howard Hughes Holdings Inc. | Reduce -66.7% | 0.29% | −0.70 |
| LDOS Leidos Holdings Inc. | Sold out | 0.00% | −0.65 |
| AGRO Adecoagro SA | Sold out | 0.00% | −0.59 |
| CCOI Cogent Communications Holdin | Reduce -5.1% | 1.45% | −0.56 |
| ERO Ero Copper Corp. | Reduce -41.7% | 1.91% | −0.52 |
| CZR Caesars Entertainment Inc. | Reduce -46.7% | 0.61% | −0.43 |
| SOLV Solventum Corp. | Reduce -87.0% | 0.05% | −0.37 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.36 |
| LKFT Lakefront Biotherapeutic-ADR | Sold out | 0.00% | −0.31 |
| INSE Inspired Entertainment Inc. | Reduce -12.7% | 1.20% | −0.29 |
| ELV Elevance Health Inc. | Reduce -7.4% | 1.05% | −0.26 |
| SLV iShares Silver Trust | Sold out | 0.00% | −0.26 |
| BBIO Bridgebio Pharma Inc. | Reduce -26.1% | 1.97% | −0.24 |
| KNOP Knot Offshore Partners LP | Reduce -1.6% | 1.07% | −0.18 |
| SMRT Smartrent Inc. | Sold out | 0.00% | −0.18 |
| NE Noble Corp. PLC | Reduce -36.7% | 0.39% | −0.18 |
| DHT DHT Holdings Inc. | Sold out | 0.00% | −0.18 |
| IBIT iShares Bitcoin Trust ETF | Reduce -42.7% | 0.41% | −0.16 |
| MRP Millrose Properties | Reduce -14.4% | 0.93% | −0.12 |
| IMUX Immunic Inc. | Reduce -93.1% | 0.00% | −0.10 |
| SBLK Star Bulk Carriers Corp. | Reduce -25.0% | 0.42% | −0.10 |
| SNDK Sandisk Corp. | Reduce -5.7% | 0.64% | −0.10 |
| VKTX Viking Therapeutics Inc. | Reduce -16.7% | 0.72% | −0.10 |
| IFRX Inflarx NV | Reduce -5.7% | 0.21% | −0.09 |
| MODULAR MED INC | Reduce -3.0% | 0.15% | −0.09 |
| PDLB Ponce Financial Group Inc. | Sold out | 0.00% | −0.08 |
| AFMDQ Affimed NV | Sold out | 0.00% | −0.05 |
| PTGX Protagonist Therapeutics Inc. | Reduce -11.0% | 2.64% | −0.05 |
| HCC Warrior Met Coal Inc. | Reduce -6.2% | 0.30% | −0.04 |
| PANL Pangaea Logistics Solutions | Reduce -7.4% | 0.29% | −0.04 |
| MTA Metalla Royalty & Streaming | Sold out | 0.00% | −0.04 |
| SVM Silvercorp Metals Inc. | Reduce -22.2% | 0.16% | −0.04 |
| HYLN Hyliion Holdings Corp. | Reduce -10.5% | 0.12% | −0.03 |
| SLNO Soleno Therapeutics Inc. | Reduce -16.0% | 0.38% | −0.02 |
| GCTS GCT Semiconductor Holding Inc. | Sold out | 0.00% | −0.01 |
| VAL Valaris Ltd. | Reduce -6.3% | 0.17% | −0.01 |
| CYPH Cypherpunk Technologies Inc. | Reduce -0.4% | 0.05% | −0.00 |
| IMTX Immatics NV | Reduce -12.2% | 0.31% | +0.00 |
| PYXS Pyxis Oncology Inc. | Reduce -0.9% | 0.06% | +0.00 |
| GSAT Globalstar Inc. | Reduce -6.1% | 0.31% | +0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| B Barrick Mining Corp. | New | 3.08% | +3.08 |
| UWMC Uwm Holdings Corp. | New | 2.14% | +2.14 |
| AMTM Amentum Holdings Inc. | Add +60.9% | 4.14% | +2.09 |
| COF Capital One Financial Corp. | Add +4.4% | 7.35% | +1.21 |
| PHAT Phathom Pharmaceuticals Inc. | Add +45.7% | 2.17% | +1.16 |
| LLY Eli Lilly & Co. | Add +136.7% | 1.49% | +0.80 |
| ANAB Anaptysbio Inc. | Add +155.6% | 1.19% | +0.79 |
| SN Sharkninja Inc. | New | 0.75% | +0.75 |
| GOOGL Alphabet Inc. Class A | New | 0.68% | +0.68 |
| AMZN Amazon.com Inc. | New | 0.66% | +0.66 |
| IRS Irsa -SP ADR | Add +80.6% | 1.36% | +0.64 |
| PAX Patria Investments Ltd. Class A | New | 0.60% | +0.60 |
| LEN Lennar Corp. Class A | Add +125.7% | 0.94% | +0.49 |
| BLDR Builders Firstsource Inc. | New | 0.48% | +0.48 |
| C Citigroup Inc. | New | 0.46% | +0.46 |
| SDRL Seadrill Limited | Add +258.3% | 0.61% | +0.44 |
| IAG Iamgold Corp. | New | 0.40% | +0.40 |
| TVRD Tvardi Therapeutics Inc. | New | 0.39% | +0.39 |
| FOLD Amicus Therapeutics Inc. | Add +249.1% | 0.59% | +0.34 |
| VTOL Bristow Group Inc. | New | 0.31% | +0.31 |
| DDI Doubledown Interactive -ADR | New | 0.28% | +0.28 |
| HGV Hilton Grand Vacations Inc. | Add +1.2% | 3.46% | +0.27 |
| SAGE Sage Therapeutics Inc. | Add +15.0% | 1.13% | +0.24 |
| SOC Sable Offshore Corp. | Add +72.4% | 0.53% | +0.16 |
| BLUWU Blue Water Acquisition III | New | 0.16% | +0.16 |
| ALDX Aldeyra Therapeutics Inc. | Add +126.9% | 0.44% | +0.14 |
| LWACU Lightwave Acquisition Corp. | New | 0.11% | +0.11 |
| ABEO Abeona Therapeutics Inc. | Add +11.1% | 0.46% | +0.10 |
| GOSS Gossamer Bio Inc. | Add +3.9% | 0.84% | +0.09 |
| OYSEU Oyster Enterprises II Acquis | New | 0.08% | +0.08 |
| SRPT Sarepta Therapeutics Inc. | Add +309.1% | 1.24% | +0.07 |
| SAIC Science Applications Inte | Add +13.3% | 0.67% | +0.06 |
| WAL Western Alliance Bancorp | Add +6.8% | 0.99% | +0.04 |
| REVIVA PHARMACEUTCLS HLDGS I | New | 0.04% | +0.04 |
| IVVD Invivyd Inc. | Add +2.3% | 0.24% | +0.03 |
| RNAC Cartesian Therapeutics Inc. | Add +46.0% | 0.24% | +0.02 |
| SAFX XCF Global Inc. Class A | New | 0.01% | +0.01 |
| CRESY Cresud S.A.-Spons ADR | Add +7.1% | 1.03% | +0.01 |
| MERSANA THERAPEUTICS INC | Add +20.6% | 0.06% | +0.00 |
| STTK Shattuck Labs Inc. | Add +4.3% | 0.09% | −0.02 |
| CDLX Cardlytics Inc. | Add +6.5% | 0.29% | −0.02 |
| GERN Geron Corp. | Add +8.8% | 0.47% | −0.03 |
| STGW Stagwell Inc. | Add +26.7% | 0.46% | −0.05 |
| APLS Apellis Pharmaceuticals Inc. | Add +23.1% | 0.76% | −0.05 |
| MGTX Meiragtx Holdings PLC | Add +4.5% | 1.89% | −0.06 |
| MDGL Madrigal Pharmaceuticals Inc. | Add +5.5% | 0.81% | −0.06 |
| HRMY Harmony Biosciences Holdings | Add +0.7% | 1.03% | −0.08 |
| WVE Wave Life Sciences Ltd. | Add +4.5% | 2.87% | −0.66 |
| UNH Unitedhealth Group Inc. | Add +6.7% | 1.86% | −1.17 |
Options Activity Q1 2025 → Q2 2025
| PLTR Palantir Technologies Inc. Class A | put | Add +31.7% | 685,200 | $93.4M |
| TSLA Tesla Inc. | put | Reduce -12.2% | 288,000 | $91.5M |
| LLY Eli Lilly & Co. | put | Reduce -8.7% | 105,000 | $81.9M |
| MSTR Strategy Inc. | put | Reduce -20.5% | 144,800 | $58.5M |
| ALNY Alnylam Pharmaceuticals Inc. | put | Add +176.0% | 141,300 | $46.1M |
| NVO Novo-Nordisk A/S-Spons ADR | put | Add +0.4% | 404,200 | $27.9M |
| COIN Coinbase Global Inc. Class A | put | Reduce -49.5% | 51,000 | $17.9M |
| COF Capital One Financial Corp. | put | Reduce -40.0% | 75,000 | $16.0M |
| HIMS Hims & Hers Health Inc. | put | Add +106.7% | 310,000 | $15.5M |
| ASML ASML Holding NV-NY Reg SHS | put | New | 15,000 | $12.0M |
| C Citigroup Inc. | put | New | 100,000 | $8.5M |
| IONQ Ionq Inc. | put | Add +106.7% | 155,000 | $6.7M |
| LDOS Leidos Holdings Inc. | call | Sold out | 48,800 | $6.6Mbefore exit |
| LDOS Leidos Holdings Inc. | put | Sold out | 48,800 | $6.6Mbefore exit |
| SAIC Science Applications Inte | call | Sold out | 50,000 | $5.6Mbefore exit |
| SAIC Science Applications Inte | put | Sold out | 50,000 | $5.6Mbefore exit |
| LEN Lennar Corp. Class A | put | Reduce -33.3% | 50,000 | $5.5M |
| KBR KBR Inc. | put | Sold out | 100,000 | $5.0Mbefore exit |
| KBR KBR Inc. | call | Sold out | 100,000 | $5.0Mbefore exit |
| INSM Insmed Inc. | put | New | 49,200 | $5.0M |
| PRAX Praxis Precision Medicines I | put | Reduce -21.2% | 74,300 | $3.1M |
| AMTM Amentum Holdings Inc. | call | Sold out | 100,000 | $1.8Mbefore exit |
| CZR Caesars Entertainment Inc. | put | Sold out | 50,000 | $1.3Mbefore exit |
| QURE Uniqure NV | put | New | 37,500 | $523K |
| GOSS Gossamer Bio Inc. | call | New | 300,100 | $369K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | Sold out | 15,428,000 | $36.4Mbefore exit |
| CARDLYTICS INC (CDLX 4.25 04/01/29) | NOTE 4.250% 4/0 · principal | New | 15,000,000 | $6.2M |
| IRS.WS Irsa Inversiones Y Rep -CW26 | *W EXP 05/12/202 | Reduce -87.8% | 443,824 | $746K |
| NUVB.WS Nuvation Bio Inc. -CW27 | *W EXP 02/10/202 | Sold out | 335,754 | $107Kbefore exit |
| CRESW Cresud Saci-CW26 | *W EXP 03/09/202 | Reduce -93.8% | 107,733 | $90K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 107 | $1.0B | COF, CVNA, ANAB, KSPI, BDX |
| Q1 2026 | 188 | $1.0B | COF, CVNA, PTGX, WVE, BDX |
| Q4 2025 | 189 | $1.1B | COF, WVE, CVNA, GXO, HGV |
| Q3 2025 | 102 | $1.1B | COF, QURE, CVNA, UWMC, GXO |
| Q2 2025 | 101 | $930.0M | COF, CVNA, GXO, AMTM, HGV |
| Q1 2025 | 103 | $898.4M | COF, GXO, CVNA, WVE, HGV |
| Q4 2024 | 191 | $909.7M | COF, WVE, CVNA, HGV, ERO |
| Q3 2024 | 93 | $878.6M | COF, ERO, HGV, CVNA, WVE |
| Q2 2024 | 88 | $851.1M | HGV, COF, SN, ERO, BWA |
| Q1 2024 | 80 | $907.2M | HGV, COF, ERO, SN, BWA |