Castle Hook Partners LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Castle Hook Partners LP reported 54 stock positions worth $7.0 billion. Its top holding was Citigroup (C) at 8.7% of the portfolio, followed by Natera (NTRA, 7.1%) and Eli Lilly (LLY, 5.9%). Compared with Q3 2025, it opened 25 new positions, sold out of 29, added to 11 and reduced 17. The biggest buy was a new position in Danaher (DHR) and the biggest sale an exit from Vistra (VST).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001687241
- Portfolio Value
- $7.0B (Q4 2025)
- SEC Filing
- 0000902664-26-001080 ↗ filed Feb 17, 2026
Holdings Value
Holdings 54 stocks · $7.0B
| C Citigroup Inc. | 8.73% | 5,200,555 | $606.9M | Reduce -2.7% |
| NTRA Natera Inc. | 7.14% | 2,167,869 | $496.6M | Add +24.1% |
| LLY Eli Lilly & Co. | 5.93% | 383,550 | $412.2M | Reduce -3.9% |
| SHOP Shopify Inc. Class A | 4.58% | 1,979,636 | $318.7M | Add +60.8% |
| CVNA Carvana Co. | 4.22% | 695,090 | $293.3M | Reduce -48.6% |
| TSLA Tesla Inc. | 3.92% | 605,443 | $272.3M | Reduce -25.6% |
| APP AppLovin Corp. Class A | 3.82% | 393,813 | $265.4M | Reduce -34.9% |
| DHR Danaher Corp. | 3.79% | 1,152,081 | $263.7M | New |
| FIX Comfort Systems USA Inc. | 3.60% | 267,834 | $250.0M | Reduce -4.0% |
| CLF Cleveland-Cliffs Inc. | 3.45% | 18,083,029 | $240.1M | Add +572.4% |
| WELL Welltower Inc. | 3.33% | 1,249,056 | $231.8M | Reduce -3.9% |
| WDC Western Digital Corp. | 3.28% | 1,325,670 | $228.4M | Reduce -24.4% |
| WMT Walmart Inc. | 3.21% | 2,003,962 | $223.3M | Add +40.1% |
| STX Seagate Technology Holdings | 3.18% | 802,414 | $221.0M | Reduce -14.3% |
| U Unity Software Inc. | 3.16% | 4,967,901 | $219.4M | Reduce -6.6% |
| INSM Insmed Inc. | 3.14% | 1,253,568 | $218.2M | Add +14.9% |
| AA Alcoa Corp. | 3.03% | 3,968,265 | $210.9M | New |
| ALB Albemarle Corp. | 2.98% | 1,463,199 | $207.0M | New |
| GOOG Alphabet Inc. Class C | 2.86% | 634,752 | $199.2M | Add +3446.7% |
| CCJ Cameco Corp. | 2.75% | 2,088,962 | $191.1M | Reduce -12.6% |
| FCX Freeport-McMoran Inc. | 2.58% | 3,534,298 | $179.5M | New |
| DXCM Dexcom Inc. | 2.15% | 2,251,011 | $149.4M | Add +272.5% |
| TTMI TTM Technologies | 1.92% | 1,932,618 | $133.4M | New |
| DKS Dick's Sporting Goods Inc. | 1.68% | 588,331 | $116.5M | Reduce -5.1% |
| FSLR First Solar Inc. | 1.67% | 443,731 | $115.9M | Reduce -34.6% |
| TEVA Teva Pharmaceutical-SP ADR | 1.18% | 2,627,792 | $82.0M | New |
| PLD Prologis Inc. | 1.05% | 572,165 | $73.0M | New |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 1.00% | 1,006,637 | $69.3M | New |
| GEHC GE Healthcare Technology | 0.97% | 820,007 | $67.3M | Add +2552.8% |
| WMB Williams Cos Inc. | 0.89% | 1,033,774 | $62.1M | New |
| AMAT Applied Materials Inc. | 0.89% | 241,718 | $62.1M | New |
| SOLS Solstice Adv Materials Inc. | 0.83% | 1,190,374 | $57.8M | New |
| DASH DoorDash Inc. Class A | 0.76% | 232,908 | $52.7M | New |
| SHLS Shoals Technologies Group -A | 0.58% | 4,717,105 | $40.1M | New |
| NAMS Newamsterdam Pharma Co. NV | 0.55% | 1,085,008 | $38.1M | New |
| ARES Ares Management Corp. Class A | 0.40% | 173,679 | $28.1M | New |
| TSCO Tractor Supply Company | 0.16% | 225,000 | $11.3M | No change |
| MT Arcelormittal-NY Registered | 0.09% | 130,669 | $6.0M | New |
| NVDA Nvidia Corp. | 0.08% | 30,686 | $5.7M | Add +60.0% |
| COF Capital One Financial Corp. | 0.08% | 21,586 | $5.2M | Reduce -72.7% |
| LITE Lumentum Holdings Inc. | 0.06% | 10,568 | $3.9M | Add +124.1% |
| EVH Evolent Health Inc. Class A | 0.05% | 937,628 | $3.8M | New |
| KKR KKR & Co. Inc. | 0.04% | 22,303 | $2.8M | New |
| FICO Fair Isaac Corp. | 0.04% | 1,639 | $2.8M | New |
| CIEN Ciena Corp. | 0.04% | 11,479 | $2.7M | Add +556.7% |
| UPST Upstart Holdings Inc. | 0.03% | 48,545 | $2.1M | New |
| ARE Alexandria Real Estate Equit | 0.03% | 38,137 | $1.9M | New |
| SNDK Sandisk Corp. | 0.02% | 7,208 | $1.7M | Reduce -78.7% |
| RKT Rocket Cos Inc. Class A | 0.02% | 82,080 | $1.6M | New |
| AVGO Broadcom Inc. | 0.02% | 4,364 | $1.5M | Reduce -66.8% |
| COMP Compass Inc. Class A | 0.02% | 136,139 | $1.4M | New |
| ADI Analog Devices Inc. | 0.01% | 3,231 | $876K | New |
| AZN Astrazeneca PLC-Spons ADR | 0.01% | 8,233 | $757K | New |
| SNOW Snowflake Inc. | 0.01% | 2,725 | $598K | Reduce -48.5% |
Options reported separately and not counted above: GLD calls ($8.4B), SPY puts ($4.4B), QQQ puts ($3.9B), ALB calls ($391.2M), DXCM calls ($18.8M).
Portfolio Sells Q3 2025 → Q4 2025
| VST Vistra Corp. | Sold out | 0.00% | −9.96 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −6.02 |
| CVNA Carvana Co. | Reduce -48.6% | 4.22% | −3.50 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −2.80 |
| APP AppLovin Corp. Class A | Reduce -34.9% | 3.82% | −2.77 |
| INTC Intel Corp. | Sold out | 0.00% | −1.75 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −1.68 |
| TSLA Tesla Inc. | Reduce -25.6% | 3.92% | −1.56 |
| CPNG Coupang Inc. | Sold out | 0.00% | −1.56 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −1.20 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −1.14 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.84 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.83 |
| CBRE CBRE Group Inc. Class A | Sold out | 0.00% | −0.71 |
| FSLR First Solar Inc. | Reduce -34.6% | 1.67% | −0.60 |
| DKS Dick's Sporting Goods Inc. | Reduce -5.1% | 1.68% | −0.41 |
| CCJ Cameco Corp. | Reduce -12.6% | 2.75% | −0.29 |
| COF Capital One Financial Corp. | Reduce -72.7% | 0.08% | −0.18 |
| WELL Welltower Inc. | Reduce -3.9% | 3.33% | −0.17 |
| BTU Peabody Energy Corp. | Sold out | 0.00% | −0.17 |
| METC Ramaco Resources Inc. Class A | Sold out | 0.00% | −0.17 |
| STX Seagate Technology Holdings | Reduce -14.3% | 3.18% | −0.17 |
| CNR Core Natural Resources Inc. | Sold out | 0.00% | −0.16 |
| SCCO Southern Copper Corp. | Sold out | 0.00% | −0.13 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.09 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.08 |
| U Unity Software Inc. | Reduce -6.6% | 3.16% | −0.07 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.07 |
| ALK Alaska Air Group Inc. | Sold out | 0.00% | −0.07 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.05 |
| AVGO Broadcom Inc. | Reduce -66.8% | 0.02% | −0.04 |
| ZVIA Zevia PBC-A | Sold out | 0.00% | −0.04 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.04 |
| GAU Galiano Gold Inc. | Sold out | 0.00% | −0.04 |
| OWL Blue Owl Capital Inc. | Sold out | 0.00% | −0.04 |
| SNDK Sandisk Corp. | Reduce -78.7% | 0.02% | −0.03 |
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −0.03 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.03 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.03 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.02 |
| SNOW Snowflake Inc. | Reduce -48.5% | 0.01% | −0.01 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.00 |
| WDC Western Digital Corp. | Reduce -24.4% | 3.28% | +0.10 |
| FIX Comfort Systems USA Inc. | Reduce -4.0% | 3.60% | +0.11 |
| C Citigroup Inc. | Reduce -2.7% | 8.73% | +0.51 |
| LLY Eli Lilly & Co. | Reduce -3.9% | 5.93% | +1.32 |
Portfolio Buys Q3 2025 → Q4 2025
| DHR Danaher Corp. | New | 3.79% | +3.79 |
| AA Alcoa Corp. | New | 3.03% | +3.03 |
| ALB Albemarle Corp. | New | 2.98% | +2.98 |
| CLF Cleveland-Cliffs Inc. | Add +572.4% | 3.45% | +2.96 |
| NTRA Natera Inc. | Add +24.1% | 7.14% | +2.88 |
| GOOG Alphabet Inc. Class C | Add +3446.7% | 2.86% | +2.80 |
| FCX Freeport-McMoran Inc. | New | 2.58% | +2.58 |
| TTMI TTM Technologies | New | 1.92% | +1.92 |
| SHOP Shopify Inc. Class A | Add +60.8% | 4.58% | +1.81 |
| DXCM Dexcom Inc. | Add +272.5% | 2.15% | +1.53 |
| TEVA Teva Pharmaceutical-SP ADR | New | 1.18% | +1.18 |
| PLD Prologis Inc. | New | 1.05% | +1.05 |
| SQM Quimica Y Minera Chil-SP ADR | New | 1.00% | +1.00 |
| WMT Walmart Inc. | Add +40.1% | 3.21% | +0.98 |
| GEHC GE Healthcare Technology | Add +2552.8% | 0.97% | +0.93 |
| WMB Williams Cos Inc. | New | 0.89% | +0.89 |
| AMAT Applied Materials Inc. | New | 0.89% | +0.89 |
| SOLS Solstice Adv Materials Inc. | New | 0.83% | +0.83 |
| DASH DoorDash Inc. Class A | New | 0.76% | +0.76 |
| INSM Insmed Inc. | Add +14.9% | 3.14% | +0.76 |
| SHLS Shoals Technologies Group -A | New | 0.58% | +0.58 |
| NAMS Newamsterdam Pharma Co. NV | New | 0.55% | +0.55 |
| ARES Ares Management Corp. Class A | New | 0.40% | +0.40 |
| MT Arcelormittal-NY Registered | New | 0.09% | +0.09 |
| EVH Evolent Health Inc. Class A | New | 0.05% | +0.05 |
| LITE Lumentum Holdings Inc. | Add +124.1% | 0.06% | +0.04 |
| KKR KKR & Co. Inc. | New | 0.04% | +0.04 |
| FICO Fair Isaac Corp. | New | 0.04% | +0.04 |
| CIEN Ciena Corp. | Add +556.7% | 0.04% | +0.03 |
| UPST Upstart Holdings Inc. | New | 0.03% | +0.03 |
| NVDA Nvidia Corp. | Add +60.0% | 0.08% | +0.03 |
| ARE Alexandria Real Estate Equit | New | 0.03% | +0.03 |
| RKT Rocket Cos Inc. Class A | New | 0.02% | +0.02 |
| COMP Compass Inc. Class A | New | 0.02% | +0.02 |
| ADI Analog Devices Inc. | New | 0.01% | +0.01 |
| AZN Astrazeneca PLC-Spons ADR | New | 0.01% | +0.01 |
Options Activity Q3 2025 → Q4 2025
| GLD SPDR Gold Shares | call | Reduce -0.8% | 21,277,400 | $8.4B |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +197.5% | 6,383,200 | $4.4B |
| QQQ Invesco QQQ Trust Series 1 | put | Add +184.2% | 6,383,200 | $3.9B |
| IWM iShares Russell 2000 ETF | put | Sold out | 5,900,400 | $1.4Bbefore exit |
| IBIT iShares Bitcoin Trust ETF | call | Sold out | 20,000,000 | $1.3Bbefore exit |
| ALB Albemarle Corp. | call | New | 2,766,100 | $391.2M |
| DXCM Dexcom Inc. | call | New | 284,000 | $18.8M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 66 | $9.3B | NTRA, WDC, LLY, SNDK, STX |
| Q1 2026 | 44 | $4.9B | NTRA, FIX, EQIX, RTX, WMT |
| Q4 2025 | 54 | $7.0B | C, NTRA, LLY, SHOP, CVNA |
| Q3 2025 | 58 | $6.6B | VST, C, CVNA, APP, TLN |
| Q2 2025 | 63 | $6.8B | VST, C, EQT, CVNA, WMB |
| Q1 2025 | 34 | $3.8B | EQT, LLY, WMB, NTRA, SE |
| Q4 2024 | 43 | $4.7B | UAL, VST, DAL, WMB, AMZN |
| Q3 2024 | 35 | $3.3B | VST, CEG, GEV, UAL, TSLA |
| Q2 2024 | 46 | $2.9B | AAPL, KMI, VST, CEG, AER |
| Q1 2024 | 53 | $2.8B | VST, FCX, BAC, XBI, KMI |