683 Capital Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), 683 Capital Management, LLC reported 188 stock positions worth $1.0 billion. Its top holding was Capital One Financial (COF) at 6.7% of the portfolio, followed by Carvana (CVNA, 4.8%) and Protagonist Therapeutics (PTGX, 3.7%). Compared with Q4 2025, it opened 30 new positions, sold out of 31, added to 27 and reduced 88. The biggest buy was Becton Dickinson and (BDX, shares +150%) and the biggest sale an exit from Uwm (UWMC).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001404574
Portfolio Value
$1.0B (Q1 2026)
SEC Filing
0001404574-26-000018 ↗ filed May 15, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $907.2M Q1 2024 Q2 2024: $851.1M Q2 2024 Q3 2024: $878.6M Q3 2024 Q4 2024: $909.7M Q4 2024 Q1 2025: $898.4M Q1 2025 Q2 2025: $930.0M Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.0B $1.0B Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 188 stocks · $1.0B
COF Capital One Financial Corp. 6.69% 375,000 $68.4M Add +11.9%
CVNA Carvana Co. 4.77% 155,000 $48.7M Add +3.3%
PTGX Protagonist Therapeutics Inc. 3.66% 355,000 $37.4M Reduce -6.7%
WVE Wave Life Sciences Ltd. 3.48% 4,900,000 $35.5M Add +22.0%
BDX Becton Dickinson and Co. 3.46% 225,000 $35.4M Add +150.0%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 3.44% 475,000 $35.2M Add +79.3%
ANAB Anaptysbio Inc. 3.39% 625,000 $34.7M Reduce -3.6%
HGV Hilton Grand Vacations Inc. 2.97% 775,000 $30.3M Add +4.0%
GXO Gxo Logistics Inc. 2.54% 500,000 $25.9M Reduce -27.0%
MOH Molina Healthcare Inc. 2.09% 160,000 $21.3M Add +18.5%
AMLX Amylyx Pharmaceuticals Inc. 2.08% 1,530,000 $21.3M Reduce -7.3%
MGTX Meiragtx Holdings PLC 2.08% 2,450,000 $21.2M Reduce -4.3%
PHAT Phathom Pharmaceuticals Inc. 2.01% 1,850,000 $20.6M Add +3.6%
AMTM Amentum Holdings Inc. 1.98% 775,000 $20.2M Reduce -7.2%
IAG Iamgold Corp. 1.93% 1,050,000 $19.8M Add +16.7%
TGTX TG Therapeutics Inc. 1.92% 590,000 $19.6M Add +63.9%
ASTH Astrana Health Inc. 1.68% 700,000 $17.2M New
SRPT Sarepta Therapeutics Inc. 1.60% 750,000 $16.3M Reduce -7.4%
B Barrick Mining Corp. 1.60% 400,000 $16.3M No change
WAL Western Alliance Bancorp 1.56% 225,000 $15.9M Add +125.0%
KNOP Knot Offshore Partners LP 1.46% 1,480,000 $14.9M Add +1.4%
ARIS Aris Mining Corp. 1.45% 800,000 $14.9M Reduce -11.1%
LLY Eli Lilly & Co. 1.35% 15,000 $13.8M New
ELV Elevance Health Inc. 1.15% 40,000 $11.7M Reduce -4.8%
CPNG Coupang Inc. 1.13% 610,000 $11.5M New
SDRL Seadrill Limited 1.11% 250,000 $11.4M Add +25.0%
FOLD Amicus Therapeutics Inc. 1.10% 775,000 $11.2M Reduce -3.1%
GPC Genuine Parts Co. 1.09% 105,000 $11.1M New
GOOGL Alphabet Inc. Class A 1.01% 36,000 $10.4M No change
APLS Apellis Pharmaceuticals Inc. 0.98% 250,000 $10.1M Reduce -24.2%
LEN.B Lennar Corp. Class B 0.95% 115,000 $9.7M No change
BKNG Booking Holdings Inc. 0.91% 2,200 $9.3M New
ZVRA Zevra Therapeutics Inc. 0.89% 975,000 $9.1M Add +7.7%
VTOL Bristow Group Inc. 0.85% 186,000 $8.7M No change
UNH Unitedhealth Group Inc. 0.85% 32,000 $8.7M Reduce -28.9%
CCOI Cogent Communications Holdin 0.83% 450,300 $8.5M Reduce -24.9%
QURE Uniqure NV 0.80% 500,000 $8.2M Add +29.9%
INSE Inspired Entertainment Inc. 0.73% 1,048,496 $7.5M Reduce -1.2%
NE Noble Corp. PLC 0.72% 150,000 $7.4M Add +361.5%
ALNY Alnylam Pharmaceuticals Inc. 0.68% 21,000 $6.9M Add +455.3%
LXEO Lexeo Therapeutics Inc. 0.67% 1,200,000 $6.9M Add +7.1%
ALEC Alector Inc. 0.67% 3,200,000 $6.9M Reduce -4.5%
ICLR Icon PLC 0.67% 62,000 $6.9M New
BLDR Builders Firstsource Inc. 0.64% 80,000 $6.6M Add +122.2%
GSAT Globalstar Inc. 0.64% 98,000 $6.5M Reduce -16.2%
FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR 0.60% 561,923 $6.2M Reduce -12.3%
AIV Apartment Invt & Mgmt Co. Class A 0.58% 1,450,000 $5.9M New
ERII Energy Recovery Inc. 0.54% 550,000 $5.5M New
AMZN Amazon.com Inc. 0.54% 26,500 $5.5M No change
PAAS Pan American Silver Corp. 0.53% 100,000 $5.5M New
ENVA Enova International Inc. 0.53% 40,000 $5.4M Add +33.3%
GPK Graphic Packaging Holding Co. 0.50% 517,678 $5.1M No change
STTK Shattuck Labs Inc. 0.50% 800,000 $5.1M Reduce -42.5%
SPGI S&P Global Inc. 0.50% 12,087 $5.1M New
MCO Moody's Corp. 0.47% 11,000 $4.8M New
SVM Silvercorp Metals Inc. 0.43% 406,000 $4.4M Add +103.0%
DDI Doubledown Interactive -ADR 0.43% 514,656 $4.3M Add +2.9%
PURR Hyperliquid Strategies 0.42% 850,000 $4.3M Reduce -46.5%
VKTX Viking Therapeutics Inc. 0.41% 130,000 $4.2M Reduce -28.6%
TBPH Theravance Biopharma Inc. 0.40% 250,000 $4.1M New
RNA Atrium Therapeutics Inc. 0.39% 300,000 $4.0M New
CZR Caesars Entertainment Inc. 0.39% 150,000 $4.0M Reduce -38.5%
MREO Mereo Biopharma Group PL-ADR 0.39% 12,000,000 $4.0M Reduce -20.1%
SAAQ Space Asset Acquisition Class A 0.37% 375,000 $3.7M New
NVGS Navigator Holdings Ltd. 0.35% 186,000 $3.6M No change
ABEO Abeona Therapeutics Inc. 0.34% 770,000 $3.4M No change
BNED Barnes & Noble Education Inc. 0.33% 380,000 $3.4M Add +8.6%
IVVD Invivyd Inc. 0.32% 2,515,000 $3.3M Reduce -13.3%
GUTS Fractyl Health Inc. 0.30% 6,727,235 $3.1M Add +11.2%
CRESY Cresud S.A.-Spons ADR 0.30% 240,000 $3.1M Reduce -43.3%
IFRX Inflarx NV 0.29% 3,315,000 $3.0M No change
IMUX Immunic Inc. 0.27% 2,450,000 $2.7M New
RXO Rxo Inc. 0.26% 180,000 $2.6M Reduce -49.7%
ALDX Aldeyra Therapeutics Inc. 0.25% 1,500,000 $2.5M Reduce -2.0%
LAFA Lafayette Acquisition Corp. 0.24% 250,000 $2.5M No change
CNTB Connect Biopharma Holdings L 0.23% 900,000 $2.4M New
HHH Howard Hughes Holdings Inc. 0.22% 35,500 $2.2M Reduce -6.6%
PANL Pangaea Logistics Solutions 0.21% 309,500 $2.2M Reduce -37.5%
NTGR Netgear Inc. 0.21% 100,000 $2.2M New
CACI Caci International Inc. Class A 0.21% 4,000 $2.2M Reduce -61.9%
WW WW International Inc.-New filed as WW INTL INC 0.20% 150,000 $2.1M New
RNAC Cartesian Therapeutics Inc. 0.20% 330,000 $2.0M Add +17.9%
CHEC Chenghe Acquisition II Class A 0.20% 200,000 $2.0M No change
CTMX Cytomx Therapeutics Inc. 0.20% 425,000 $2.0M New
LEGO Legato Merger Corp. IV 0.19% 200,000 $2.0M New
FGII FG Imperii Acquisition Class A 0.19% 200,000 $2.0M New
ARCI Archimedes Tech Spac Partner 0.19% 200,000 $2.0M New
AMRZ Amrize Ltd. 0.19% 35,000 $2.0M No change
STGW Stagwell Inc. 0.19% 305,000 $1.9M Reduce -63.3%
HDSN Hudson Technologies Inc. 0.19% 325,000 $1.9M Reduce -3.0%
SAIC Science Applications Inte 0.18% 19,000 $1.8M Reduce -61.2%
ATEX Anterix Inc. 0.17% 46,000 $1.8M New
GOSS Gossamer Bio Inc. 0.16% 5,000,000 $1.6M Reduce -3.7%
BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I 0.15% 150,000 $1.5M No change
CDLX Cardlytics Inc. 0.15% 1,450,000 $1.5M Add +3.6%
EVAC Eqv Ventures Acquisition C-A 0.15% 150,000 $1.5M No change
MAIA Maia Biotechnology Inc. 0.15% 1,066,666 $1.5M New
ARMP Armata Pharmaceuticals Inc. 0.14% 137,000 $1.4M Reduce -2.0%
PYXS Pyxis Oncology Inc. 0.13% 896,263 $1.3M Add +0.5%
MSLE Satellos Bioscience Inc. 0.13% 230,833 $1.3M New
HYLN Hyliion Holdings Corp. 0.12% 725,000 $1.3M Reduce -12.1%
WLIIU Willow Lane Acquisition Corp. 0.12% 125,000 $1.3M New
PMN Promis Neurosciences Inc. 0.12% 92,850 $1.2M New
IRS Irsa -SP ADR filed as IRSA INVERSIONES Y REP S A 0.11% 70,000 $1.1M Reduce -54.8%
INAB IN8BIO Inc. 0.10% 724,637 $1.1M No change
LWAC Lightwave Acquisition Corp. Class A 0.10% 100,000 $1.0M No change
AMPY Amplify Energy Corp. 0.10% 160,000 $998K Reduce -15.2%
AXTI Axt Inc. 0.09% 17,000 $969K Reduce -77.3%
DIBS 1STDIBS.COM Inc. 0.09% 175,786 $967K No change
SRZN Surrozen Inc. 0.09% 33,000 $961K Reduce -21.4%
INFU Infusystem Holdings Inc. 0.09% 100,465 $927K No change
ANRO Alto Neuroscience Inc. 0.09% 40,000 $899K Reduce -38.3%
PPIH Perma-Pipe International Hol 0.09% 30,000 $894K Reduce -18.8%
RSVR Reservoir Media Inc. 0.09% 90,000 $881K Reduce -42.7%
AVTX Avalo Therapeutics Inc. 0.08% 56,850 $849K No change
XHR Xenia Hotels & Resorts Inc. 0.08% 55,000 $816K Reduce -87.9%
CRBP Corbus Pharmaceuticals Holdi 0.08% 85,543 $803K No change
IMRX Immuneering Corp. Class A 0.08% 150,697 $794K No change
CCCC C4 Therapeutics Inc. 0.08% 300,000 $789K Reduce -25.0%
OBIO Orchestra Biomed Holdings Inc. 0.08% 185,000 $786K Reduce -9.3%
ASMB Assembly Biosciences Inc. 0.08% 27,863 $773K No change
PRE Prenetics Global Ltd. Class A 0.08% 40,000 $773K Reduce -46.7%
OYSE Oyster Enterprises II Acq-A 0.07% 75,000 $763K No change
FOSL Fossil Group Inc. 0.07% 175,000 $754K Reduce -32.2%
AMTX Aemetis Inc. 0.07% 235,557 $751K No change
KYTX Kyverna Therapeutics Inc. 0.07% 85,000 $734K Reduce -26.0%
DUOT Duos Technologies Group Inc. 0.07% 106,481 $730K No change
CTNM Contineum Therapeutics Inc. Class A 0.07% 55,000 $718K Reduce -39.9%
UMAC Unusual Machines Inc. 0.07% 55,000 $682K Reduce -35.1%
SPCE Virgin Galactic Holdings Inc. 0.07% 280,160 $681K No change
LODE Comstock Inc. 0.07% 220,000 $671K Reduce -20.4%
SGMT Sagimet Biosciences Inc. Class A 0.06% 126,349 $660K No change
MODD Modular Medical Inc. 0.06% 125,001 $660K New
ZURA Zura Bio Ltd. 0.06% 110,000 $655K Reduce -57.6%
LPTH Lightpath Technologies Inc. Class A 0.06% 65,000 $652K Reduce -51.4%
CAE Cae Inc. 0.06% 25,000 $651K No change
VTVT VTV Therapeutics Inc. Class A 0.06% 16,000 $635K Reduce -12.4%
CLYM Climb Bio Inc. 0.06% 90,000 $617K Reduce -55.4%
MRAM Everspin Technologies Inc. 0.06% 70,000 $615K Reduce -36.3%
GSIT Gsi Technology Inc. 0.06% 118,835 $611K No change
CABA Cabaletta Bio Inc. 0.06% 225,000 $605K Reduce -42.1%
ELTX Elicio Therapeutics Inc. 0.06% 56,442 $603K No change
ACHV Achieve Life Sciences Inc. 0.06% 200,000 $588K Reduce -6.9%
CCLD Carecloud Inc. 0.06% 159,761 $583K No change
LTRX Lantronix Inc. 0.06% 110,000 $576K Reduce -46.7%
FCEL Fuelcell Energy Inc. 0.05% 85,110 $556K Reduce -29.1%
BDTX Black Diamond Therapeutics I 0.05% 247,958 $528K No change
HYMC Hycroft Mining Holding Co. Class A 0.05% 15,000 $528K Reduce -70.0%
NEOV Neovolta Inc. 0.05% 170,000 $524K Reduce -12.3%
FBRX Forte Biosciences Inc. 0.05% 20,000 $518K Reduce -50.0%
LGCY Legacy Education Inc. 0.05% 40,000 $501K Reduce -13.6%
IDN Intellicheck Inc. 0.05% 70,000 $489K Reduce -9.0%
TWIN Twin Disc Inc. 0.05% 31,967 $482K No change
GEOS Geospace Technologies Corp. 0.05% 39,252 $479K No change
CAMP CAMP4 Therapeutics Corp. 0.05% 108,000 $476K Reduce -14.5%
AIFC AI Financial Corp. filed as ALT5 SIGMA CORP 0.04% 410,000 $455K Reduce -14.6%
OSS One Stop Systems Inc. 0.04% 60,000 $454K Reduce -33.5%
GALT Galectin Therapeutics Inc. 0.04% 162,484 $453K No change
ONL Orion Properties Inc. 0.04% 208,134 $447K No change
RILY BRC Group Holdings Inc. 0.04% 60,000 $439K Reduce -25.0%
RAIL Freightcar America Inc. 0.04% 55,000 $438K Reduce -16.1%
SRI Stoneridge Inc. 0.04% 90,000 $435K Reduce -11.6%
LEN Lennar Corp. Class A 0.04% 5,000 $434K Reduce -92.4%
INO Inovio Pharmaceuticals Inc. 0.04% 248,790 $433K No change
MBOT Microbot Medical Inc. 0.04% 170,000 $410K Reduce -33.6%
TAYD Taylor Devices Inc. 0.04% 7,000 $399K Reduce -32.5%
AGEN Agenus Inc. 0.04% 114,336 $382K No change
VERI Veritone Inc. 0.04% 191,517 $377K No change
IA Innovative Solutions & Supp 0.04% 18,000 $370K Reduce -60.0%
CHCI Comstock Holding Companies 0.04% 19,500 $369K Reduce -42.9%
RANI Rani Therapeutics Holdings Class A 0.04% 487,168 $358K No change
NTHI Neonc Technologies Holdings 0.03% 50,000 $351K Reduce -6.5%
OWLT Owlet Inc. 0.03% 65,000 $334K Reduce -7.1%
ORIQ Origin Investment Corp. I 0.03% 30,000 $306K No change
RDNW Ridenow Group Inc. 0.03% 42,000 $297K Reduce -55.9%
COYA Coya Therapeutics Inc. 0.03% 70,000 $276K Reduce -12.6%
RPID Rapid Micro Biosystems Inc. Class A 0.03% 120,773 $274K No change
OPTU Optimum Communications Inc. Class A 0.03% 203,108 $264K New
KLRS Kalaris Therapeutics Inc. 0.03% 45,000 $260K Reduce -44.2%
SRFM Surf Air Mobility Inc. 0.02% 202,971 $233K No change
JFB JFB Construction Holdin Class A 0.02% 38,000 $233K Reduce -28.6%
PLBY Playboy Inc. 0.02% 150,000 $228K Reduce -42.7%
MDXH Mdxhealth 0.02% 97,000 $223K Reduce -9.9%
MAKO Mako Mining Corp. filed as MAKO MNG CORP 0.02% 27,368 $176K New
GNLX Genelux Corp. 0.01% 60,000 $145K Reduce -54.2%
DFDV Defi Development Corp. 0.01% 30,000 $99K Reduce -74.6%
IMDX Insight Molecular Diagnostic 0.01% 29,000 $95K Reduce -62.4%
APYX Apyx Medical Corp. 0.01% 20,000 $74K Reduce -83.9%

Options reported separately and not counted above: PLTR puts ($340.6M), LLY puts ($123.2M), NVDA puts ($79.5M), MDGL puts ($47.1M), ALNY puts ($42.4M), TSLA puts ($40.9M), PRAX puts ($36.3M), QURE calls ($20.5M), IONQ puts ($15.3M), LEN puts ($13.0M), INSM puts ($9.8M), CCOI calls ($9.4M), and 17 more.

Other holdings (20): bonds, preferreds, convertibles and warrants · $56.2M (not counted above)
SecurityClassShares / PrincipalValueChange
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) NOTE 2.500% 3/1 · principal 21,750,000$39.2MNo change
GOSSAMER BIO INC (GOSS 5 06/01/27) NOTE 5.000% 6/0 · principal 27,877,000$10.6MNew
CARDLYTICS INC (CDLX 4.25 04/01/29) NOTE 4.250% 4/0 · principal 15,500,000$4.2MAdd +3.3%
BRIDGEBIO PHARMA INC (BBIO 1.75 03/01/31) NOTE 1.750% 3/0 · principal 1,000,000$1.7MNew
GCTS.WS Concord Acq Class A -CW28 *W EXP 03/01/202 566,181$102KReduce -19.5%
SAAQW Space Asset Acquisition Corp. *W EXP 03/31/203 124,999$87KNew
BLUWW Blue Water Acquisition-CW26 *W EXP 05/23/203 75,000$38KNo change
LAFAR Lafayette Acquisition Corp. RIGHT 10/24/2030 250,000$30KNo change
ARCIW Archimedes Tech Spac Partner *W EXP 01/23/203 50,000$27KNew
CHECW Chenghe Acquisition III Co. *W EXP 09/09/203 100,000$24KNo change
LEGO.WS Legato Merger Corp. IV *W EXP 99/99/999 66,667$21KNew
FGIIW FG Imperii Acquisition Corp. *W EXP 10/14/203 100,000$20KNew
BRLSW Oxus Acquisition Corp. -CW23 *W EXP 02/07/202 200,000$16KNo change
EVAC.WS Eqv Ventures Acquisition Cor *W EXP 06/30/203 50,000$15KNo change
LWACW Lightwave Acquisition Corp. *W EXP 06/06/203 50,000$12KNo change
OYSER Oyster Enterprises II Acquis RIGHT 05/22/2030 75,000$9KNo change
ECXWW Ecarx Holdings Inc. Class A-27 *W EXP 99/99/999 125,000$7KNo change
MSAIW Sportsmap Tech Acq -CW27 *W EXP 12/19/202 150,000$6KNo change
ORIQW Origin Investment Corp. I -30 *W EXP 06/27/203 15,000$2KNo change
APLMW Apollomics Inc.-27 *W EXP 04/01/202 130,000$2KNo change

Total filed on the 13F, all lines: $1.1B.

Portfolio Sells Q4 2025 → Q1 2026
UWMC Uwm Holdings Corp. Sold out 0.00% −2.70
WDC Western Digital Corp. Sold out 0.00% −2.16
HRMY Harmony Biosciences Holdings Sold out 0.00% −1.36
GOSS Gossamer Bio Inc. Reduce -3.7% 0.16% −1.25
SUNC Sunococorp LLC Sold out 0.00% −1.01
VTYX Ventyx Biosciences Inc. Sold out 0.00% −0.82
SOLS Solstice Adv Materials Inc. Sold out 0.00% −0.69
GXO Gxo Logistics Inc. Reduce -27.0% 2.54% −0.62
LEN Lennar Corp. Class A Reduce -92.4% 0.04% −0.55
PAX Patria Investments Ltd. Class A Sold out 0.00% −0.51
SNDK Sandisk Corp. Sold out 0.00% −0.50
XHR Xenia Hotels & Resorts Inc. Reduce -87.9% 0.08% −0.48
UNH Unitedhealth Group Inc. Reduce -28.9% 0.85% −0.45
RARE Ultragenyx Pharmaceutical Inc. Sold out 0.00% −0.45
ALDX Aldeyra Therapeutics Inc. Reduce -2.0% 0.25% −0.45
RNAM Avidity Biosciences Inc. Sold out 0.00% −0.44
COIN Coinbase Global Inc. Class A Sold out 0.00% −0.31
IVVD Invivyd Inc. Reduce -13.3% 0.32% −0.31
CCOI Cogent Communications Holdin Reduce -24.9% 0.83% −0.30
CACI Caci International Inc. Class A Reduce -61.9% 0.21% −0.28
SAIC Science Applications Inte Reduce -61.2% 0.18% −0.26
MBC Masterbrand Inc. Sold out 0.00% −0.19
CRESY Cresud S.A.-Spons ADR Reduce -43.3% 0.30% −0.17
STGW Stagwell Inc. Reduce -63.3% 0.19% −0.17
MREO Mereo Biopharma Group PL-ADR Reduce -20.1% 0.39% −0.16
VAL Valaris Ltd. Sold out 0.00% −0.15
VKTX Viking Therapeutics Inc. Reduce -28.6% 0.41% −0.15
ELV Elevance Health Inc. Reduce -4.8% 1.15% −0.14
AMTM Amentum Holdings Inc. Reduce -7.2% 1.98% −0.14
RXO Rxo Inc. Reduce -49.7% 0.26% −0.14
INSE Inspired Entertainment Inc. Reduce -1.2% 0.73% −0.14
FRNM Freenome Inc. Reduce -12.3% 0.60% −0.13
IRS Irsa -SP ADR Reduce -54.8% 0.11% −0.11
CZR Caesars Entertainment Inc. Reduce -38.5% 0.39% −0.11
PEPG Pepgen Inc. Sold out 0.00% −0.11
PANL Pangaea Logistics Solutions Reduce -37.5% 0.21% −0.08
HCC Warrior Met Coal Inc. Sold out 0.00% −0.08
PURR Hyperliquid Strategies Reduce -46.5% 0.42% −0.07
QUINCE THERAPEUTICS INC Sold out 0.00% −0.07
MCRB Seres Therapeutics Inc. Sold out 0.00% −0.07
OWLT Owlet Inc. Reduce -7.1% 0.03% −0.07
LPTH Lightpath Technologies Inc. Class A Reduce -51.4% 0.06% −0.06
XGN Exagen Inc. Sold out 0.00% −0.06
REKR Rekor Systems Inc. Sold out 0.00% −0.06
MODULAR MED INC Sold out 0.00% −0.06
ZURA Zura Bio Ltd. Reduce -57.6% 0.06% −0.05
HYMC Hycroft Mining Holding Co. Class A Reduce -70.0% 0.05% −0.05
LHAI Linkhome Holdings Inc. Sold out 0.00% −0.05
LTRX Lantronix Inc. Reduce -46.7% 0.06% −0.05
HHH Howard Hughes Holdings Inc. Reduce -6.6% 0.22% −0.05

Portfolio Buys Q4 2025 → Q1 2026
BDX Becton Dickinson and Co. Add +150.0% 3.46% +1.93
ASTH Astrana Health Inc. New 1.68% +1.68
KSPI JSC Kaspi.kz ADR Add +79.3% 3.44% +1.63
LLY Eli Lilly & Co. New 1.35% +1.35
CPNG Coupang Inc. New 1.13% +1.13
GPC Genuine Parts Co. New 1.09% +1.09
TGTX TG Therapeutics Inc. Add +63.9% 1.92% +0.98
BKNG Booking Holdings Inc. New 0.91% +0.91
WAL Western Alliance Bancorp Add +125.0% 1.56% +0.82
ICLR Icon PLC New 0.67% +0.67
NE Noble Corp. PLC Add +361.5% 0.72% +0.64
IAG Iamgold Corp. Add +16.7% 1.93% +0.63
AIV Apartment Invt & Mgmt Co. Class A New 0.58% +0.58
ALNY Alnylam Pharmaceuticals Inc. Add +455.3% 0.68% +0.55
ERII Energy Recovery Inc. New 0.54% +0.54
PAAS Pan American Silver Corp. New 0.53% +0.53
SDRL Seadrill Limited Add +25.0% 1.11% +0.51
SPGI S&P Global Inc. New 0.50% +0.50
MCO Moody's Corp. New 0.47% +0.47
TBPH Theravance Biopharma Inc. New 0.40% +0.40
RNA Atrium Therapeutics Inc. New 0.39% +0.39
SAAQ Space Asset Acquisition Class A New 0.37% +0.37
BLDR Builders Firstsource Inc. Add +122.2% 0.64% +0.32
SVM Silvercorp Metals Inc. Add +103.0% 0.43% +0.28
IMUX Immunic Inc. New 0.27% +0.27
CNTB Connect Biopharma Holdings L New 0.23% +0.23
NTGR Netgear Inc. New 0.21% +0.21
WW WW International Inc.-New New 0.20% +0.20
CTMX Cytomx Therapeutics Inc. New 0.20% +0.20
LEGO Legato Merger Corp. IV New 0.19% +0.19
FGII FG Imperii Acquisition Class A New 0.19% +0.19
ARCI Archimedes Tech Spac Partner New 0.19% +0.19
ZVRA Zevra Therapeutics Inc. Add +7.7% 0.89% +0.18
ATEX Anterix Inc. New 0.17% +0.17
MAIA Maia Biotechnology Inc. New 0.15% +0.15
KNOP Knot Offshore Partners LP Add +1.4% 1.46% +0.14
MSLE Satellos Bioscience Inc. New 0.13% +0.13
WLIIU Willow Lane Acquisition Corp. New 0.12% +0.12
ENVA Enova International Inc. Add +33.3% 0.53% +0.12
PMN Promis Neurosciences Inc. New 0.12% +0.12
MODD Modular Medical Inc. New 0.06% +0.06
DDI Doubledown Interactive -ADR Add +2.9% 0.43% +0.05
HGV Hilton Grand Vacations Inc. Add +4.0% 2.97% +0.05
BNED Barnes & Noble Education Inc. Add +8.6% 0.33% +0.05
PYXS Pyxis Oncology Inc. Add +0.5% 0.13% +0.04
MOH Molina Healthcare Inc. Add +18.5% 2.09% +0.04
OPTU Optimum Communications Inc. Class A New 0.03% +0.03
RNAC Cartesian Therapeutics Inc. Add +17.9% 0.20% +0.02
MAKO Mako Mining Corp. New 0.02% +0.02
CDLX Cardlytics Inc. Add +3.6% 0.15% +0.01

Options Activity Q4 2025 → Q1 2026
LLY Eli Lilly & Co. put Reduce -13.0% 134,000 $123.2M
MDGL Madrigal Pharmaceuticals Inc. put Reduce -9.1% 90,000 $47.1M
ALNY Alnylam Pharmaceuticals Inc. put Reduce -9.2% 128,100 $42.4M
TSLA Tesla Inc. put Reduce -47.6% 110,000 $40.9M
PRAX Praxis Precision Medicines I put Reduce -33.6% 112,700 $36.3M
QURE Uniqure NV call Add +67.1% 1,253,600 $20.5M
COF Capital One Financial Corp. put Sold out 75,000 $18.2Mbefore exit
IONQ Ionq Inc. put Reduce -2.3% 531,700 $15.3M
LEN Lennar Corp. Class A put Add +200.0% 150,000 $13.0M
MEDP Medpace Holdings Inc. put Sold out 20,000 $11.2Mbefore exit
INSM Insmed Inc. put New 60,000 $9.8M
CCOI Cogent Communications Holdin call New 500,000 $9.4M
ARKG ARK Genomic Revolution ETF put Add +40.0% 350,000 $9.2M
MSTR Strategy Inc. put Reduce -41.6% 65,200 $8.1M
MRNA Moderna Inc. put New 156,000 $7.9M
NVO Novo-Nordisk A/S-Spons ADR put Reduce -59.9% 150,000 $5.5M
MBX MBX Biosciences Inc. put Sold out 158,800 $5.0Mbefore exit
RVMD Revolution Medicines Inc. put New 50,100 $4.9M
HIMS Hims & Hers Health Inc. put Reduce -35.3% 220,000 $4.6M
MLTX Moonlake Immunotherapeutics put Sold out 255,400 $3.4Mbefore exit
COIN Coinbase Global Inc. Class A put Reduce -67.6% 17,000 $3.0M
IOVA Iovance Biotherapeutics Inc. put New 644,300 $2.3M
VKTX Viking Therapeutics Inc. call Reduce -56.0% 60,000 $2.0M
PYPL PayPal Holdings Inc. call New 42,300 $1.9M
KVUE Kenvue Inc. put Sold out 100,000 $1.7Mbefore exit
PTGX Protagonist Therapeutics Inc. call Reduce -70.0% 15,100 $1.6M
AMLX Amylyx Pharmaceuticals Inc. call New 96,600 $1.3M
GOSS Gossamer Bio Inc. call Sold out 300,100 $930Kbefore exit
MLTX Moonlake Immunotherapeutics call Sold out 41,500 $547Kbefore exit
HRMY Harmony Biosciences Holdings put New 14,700 $412K
ARCT Arcturus Therapeutics Holdin put Sold out 24,000 $147Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2025 → Q1 2026
GOSSAMER BIO INC (GOSS 5 06/01/27) NOTE 5.000% 6/0 · principal New 27,877,000 $10.6M
STRATEGY INC (MSTR 0 12/01/29) NOTE 12/0 · principal Sold out 10,000,000 $8.2Mbefore exit
STRATEGY INC (MSTR 0.875 03/15/31) NOTE 0.875% 3/1 · principal Sold out 5,000,000 $5.1Mbefore exit
CARDLYTICS INC (CDLX 4.25 04/01/29) NOTE 4.250% 4/0 · principal Add +3.3% 15,500,000 $4.2M
BRIDGEBIO PHARMA INC (BBIO 1.75 03/01/31) NOTE 1.750% 3/0 · principal New 1,000,000 $1.7M
GCTS.WS Concord Acq Class A -CW28 *W EXP 03/01/202 Reduce -19.5% 566,181 $102K
SAAQW Space Asset Acquisition Corp. *W EXP 03/31/203 New 124,999 $87K
ARCIW Archimedes Tech Spac Partner *W EXP 01/23/203 New 50,000 $27K
LEGO.WS Legato Merger Corp. IV *W EXP 99/99/999 New 66,667 $21K
FGIIW FG Imperii Acquisition Corp. *W EXP 10/14/203 New 100,000 $20K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 107$1.0BCOF, CVNA, ANAB, KSPI, BDX
Q1 2026 188$1.0BCOF, CVNA, PTGX, WVE, BDX
Q4 2025 189$1.1BCOF, WVE, CVNA, GXO, HGV
Q3 2025 102$1.1BCOF, QURE, CVNA, UWMC, GXO
Q2 2025 101$930.0MCOF, CVNA, GXO, AMTM, HGV
Q1 2025 103$898.4MCOF, GXO, CVNA, WVE, HGV
Q4 2024 191$909.7MCOF, WVE, CVNA, HGV, ERO
Q3 2024 93$878.6MCOF, ERO, HGV, CVNA, WVE
Q2 2024 88$851.1MHGV, COF, SN, ERO, BWA
Q1 2024 80$907.2MHGV, COF, ERO, SN, BWA