Cinctive Capital Management LP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Cinctive Capital Management LP reported 371 stock positions worth $2.0 billion. Its top holding was Vistra (VST) at 1.9% of the portfolio, followed by Cyberark Software Ltd./Israel (CYBR, 1.6%) and Ross Stores (ROST, 1.6%). Compared with Q2 2025, it opened 181 new positions, sold out of 146, added to 87 and reduced 102. The biggest buy was Cyberark Software Ltd./Israel (CYBR, shares +12587%) and the biggest sale an exit from Blueprint Medicines (BPMC).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001787258
Portfolio Value
$2.0B (Q3 2025)
SEC Filing
0001172661-25-004851 ↗ filed Nov 14, 2025

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.9B Q1 2024 Q2 2024: $1.9B Q2 2024 Q3 2024: $1.7B Q3 2024 Q4 2024: $1.9B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.8B Q2 2025 Q3 2025: $2.0B $2.0B Q3 2025 Q4 2025: $1.7B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $2.5B Q2 2026

Holdings 371 stocks · $2.0B
VST Vistra Corp. 1.92% 196,459 $38.5M Reduce -32.4%
CYBR Cyberark Software Ltd./Israel 1.60% 66,100 $31.9M Add +12587.1%
ROST Ross Stores Inc. 1.57% 206,510 $31.5M Add +149.7%
K Kellanova 1.52% 371,368 $30.5M Reduce -18.1%
FYBR Frontier Communications Pare 1.41% 756,395 $28.3M Add +25.0%
KMI Kinder Morgan Inc. 1.38% 978,015 $27.7M Add +60.8%
FLR Fluor Corp. 1.34% 637,834 $26.8M Reduce -19.6%
SRE Sempra 1.32% 292,889 $26.4M Add +3.5%
EXE Expand Energy Corp. 1.28% 240,164 $25.5M Add +256.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.26% 489,116 $25.2M Add +78.3%
VRNA Verona Pharma Ltd. 1.18% 221,054 $23.6M Add +270.6%
HD Home Depot Inc. 1.14% 56,244 $22.8M Add +35.6%
LZM Lifezone Metals Ltd. 1.14% 4,149,349 $22.7M Add +7.4%
YUM Yum! Brands Inc. 1.08% 141,561 $21.5M New
INFA Informatica Inc. Class A 1.04% 836,361 $20.8M Reduce -10.8%
NSC Norfolk Southern Corp. 0.99% 66,193 $19.9M Add +2105.0%
CSX CSX Corp. 0.97% 549,040 $19.5M Add +29.8%
SYY Sysco Corp. 0.97% 236,081 $19.4M Add +840.3%
CHDN Churchill Downs Inc. 0.95% 195,845 $19.0M Add +34.3%
TXRH Texas Roadhouse Inc. 0.95% 113,840 $18.9M New
HUBS HubSpot Inc. 0.93% 39,759 $18.6M New
MPC Marathon Petroleum Corp. 0.92% 95,615 $18.4M Add +47.7%
CEG Constellation Energy 0.92% 55,989 $18.4M Reduce -53.6%
WBI Waterbridge Infrastruc Class A 0.91% 723,808 $18.3M New
C Citigroup Inc. 0.89% 175,426 $17.8M Add +1078.1%
DUK Duke Energy Corp. 0.83% 134,763 $16.7M Reduce -24.7%
DAL Delta Air Lines Inc. 0.83% 292,731 $16.6M Add +14.5%
UAL United Airlines Holdings Inc. 0.83% 171,137 $16.5M Add +3377.0%
BIRK Birkenstock Holding PLC 0.78% 342,947 $15.5M New
PEG Public Service Enterprise GP 0.76% 183,031 $15.3M Reduce -40.1%
NVDA Nvidia Corp. 0.73% 78,473 $14.6M Reduce -29.7%
GFS Globalfoundries Inc. 0.73% 405,995 $14.6M New
BBY Best Buy Co. Inc. 0.71% 187,669 $14.2M Add +73.2%
PSMT Pricesmart Inc. 0.70% 115,799 $14.0M Add +4.1%
ESTC Elastic NV 0.68% 161,066 $13.6M New
MSFT Microsoft Corp. 0.67% 25,918 $13.4M Add +148.4%
FROG Jfrog Ltd. 0.66% 278,924 $13.2M New
CHKP Check Point Software Tech 0.65% 62,601 $13.0M Add +5896.3%
CFG Citizens Financial Group 0.64% 239,568 $12.7M Reduce -55.2%
NIQ Niq Global Intelligence PLC 0.63% 804,881 $12.6M New
STT State Street Corp. 0.63% 108,866 $12.6M Add +60.4%
CBOE Cboe Global Markets Inc. 0.63% 51,231 $12.6M New
COF Capital One Financial Corp. 0.62% 58,634 $12.5M Reduce -12.6%
AON Aon PLC Class A 0.60% 33,686 $12.0M New
UHS Universal Health Services-B 0.59% 57,292 $11.7M Add +3244.5%
PFE Pfizer Inc. 0.59% 459,455 $11.7M Add +205.4%
AR Antero Resources Corp. 0.57% 339,316 $11.4M Reduce -11.1%
IONS Ionis Pharmaceuticals Inc. 0.57% 173,819 $11.4M New
JBS JBS NV-A 0.57% 759,284 $11.3M Add +102.7%
CCL Carnival Corp. 0.56% 389,382 $11.3M Add +105.4%
ENTG Entegris Inc. 0.55% 119,932 $11.1M New
CNP Centerpoint Energy Inc. 0.53% 274,524 $10.7M Add +149.0%
VLO Valero Energy Corp. 0.51% 60,363 $10.3M Reduce -56.2%
MU Micron Technology Inc. 0.51% 61,108 $10.2M Add +2079.3%
IBKR Interactive Brokers Gro Class A 0.51% 147,894 $10.2M Add +2350.2%
HBAN Huntington Bancshares Inc. 0.49% 572,552 $9.9M Reduce -27.1%
GOOG Alphabet Inc. Class C 0.49% 40,445 $9.9M Add +178.1%
WNS WNS Holdings Ltd. filed as WNS HLDGS LTD 0.48% 125,000 $9.5M New
INSM Insmed Inc. 0.48% 66,181 $9.5M Add +101.3%
AZN Astrazeneca PLC-Spons ADR 0.47% 122,521 $9.4M Add +191.9%
A Agilent Technologies Inc. 0.47% 72,856 $9.4M Reduce -12.3%
LVS Las Vegas Sands Corp. 0.47% 173,551 $9.3M New
BIIB Biogen Inc. 0.46% 65,837 $9.2M Add +344.8%
ABBV Abbvie Inc. 0.46% 39,816 $9.2M Add +33.3%
NEE Nextera Energy Inc. 0.46% 121,541 $9.2M Add +423.9%
FHN First Horizon Corp. 0.46% 402,943 $9.1M Reduce -33.6%
ARGX Argenx SE - ADR 0.45% 12,300 $9.1M Add +435.3%
LPLA LPL Financial Holdings Inc. 0.45% 27,180 $9.0M Add +195.0%
AMZN Amazon.com Inc. 0.45% 41,005 $9.0M Reduce -28.7%
GAP The Gap Inc. 0.45% 418,523 $9.0M New
SNAP Snap Inc. Class A 0.44% 1,150,920 $8.9M New
CNC Centene Corp. 0.44% 246,151 $8.8M Add +4732.2%
MANH Manhattan Associates Inc. 0.43% 41,984 $8.6M New
EHC Encompass Health Corp. 0.42% 66,898 $8.5M Add +48.6%
ORLY O'reilly Automotive Inc. 0.42% 78,454 $8.5M Reduce -41.1%
WMT Walmart Inc. 0.42% 81,864 $8.4M Reduce -27.6%
EVR Evercore Inc. Class A 0.41% 24,607 $8.3M Reduce -19.6%
INTC Intel Corp. 0.41% 245,737 $8.2M Reduce -56.5%
BL Blackline Inc. 0.41% 152,856 $8.1M Add +26.4%
ULTA Ulta Beauty Inc. 0.41% 14,827 $8.1M Reduce -63.2%
B Barrick Mining Corp. 0.40% 244,859 $8.0M New
NCNO Ncino Inc. 0.40% 292,899 $7.9M Add +2273.4%
KVYO Klaviyo Inc. Class A 0.40% 285,473 $7.9M New
CAH Cardinal Health Inc. 0.39% 50,279 $7.9M New
TNET Trinet Group Inc. 0.39% 116,214 $7.8M Add +408.4%
XLK SS Technology Select Sector 0.38% 26,897 $7.6M New
GH Guardant Health Inc. 0.38% 121,130 $7.6M New
XLC SS Comm Select Sector SPDR 0.38% 63,467 $7.5M New
SFD Smithfield Foods Inc. 0.37% 318,975 $7.5M Add +116.4%
MRK Merck & Co. Inc. 0.37% 88,482 $7.4M Add +88.2%
SIMO Silicon Motion Technol-ADR 0.37% 77,968 $7.4M Reduce -17.8%
SPOT Spotify Technology SA 0.35% 9,919 $6.9M New
FIVE Five Below 0.34% 44,383 $6.9M Reduce -13.3%
NDAQ Nasdaq Inc. 0.34% 77,579 $6.9M Add +1939.4%
CVX Chevron Corp. 0.34% 43,768 $6.8M New
COHR Coherent Corp. 0.34% 63,034 $6.8M New
ONON On Holding AG Class A filed as ON HLDG AG 0.34% 159,941 $6.8M Add +51.7%
MNST Monster Beverage Corp. 0.34% 99,680 $6.7M New
PODD Insulet Corp. 0.33% 21,660 $6.7M New
WTTR Select Water Solutions Inc. 0.33% 623,285 $6.7M Add +55.6%
NVT Nvent Electric PLC 0.33% 67,366 $6.6M Add +109.0%
NTGR Netgear Inc. 0.32% 198,597 $6.4M New
TEVA Teva Pharmaceutical-SP ADR 0.31% 307,531 $6.2M New
TER Teradyne Inc. 0.31% 44,725 $6.2M Reduce -0.6%
MTSI Macom Technology Solutions H 0.31% 49,398 $6.1M Add +2092.5%
EW Edwards Lifesciences Corp. 0.30% 77,956 $6.1M Reduce -50.1%
VIA Via Transportation Inc. Class A 0.30% 124,180 $6.0M New
BE Bloom Energy Corp. Class A 0.30% 70,256 $5.9M Reduce -90.2%
VOYA Voya Financial Inc. 0.29% 78,660 $5.9M Reduce -3.8%
PLNT Planet Fitness Inc. Class A 0.29% 56,501 $5.9M Reduce -31.1%
FITB Fifth Third Bancorp 0.29% 131,373 $5.9M New
PTCT PTC Therapeutics Inc. 0.29% 95,308 $5.8M New
KEX Kirby Corp. 0.29% 70,074 $5.8M New
TRP TC Energy Corp. 0.29% 107,320 $5.8M Reduce -24.2%
CYTK Cytokinetics Inc. 0.29% 105,641 $5.8M New
APPN Appian Corp. Class A 0.28% 185,921 $5.7M New
PH Parker Hannifin Corp. 0.28% 7,285 $5.5M New
MRUS Merus NV 0.27% 58,085 $5.5M Add +33.9%
TDG Transdigm Group Inc. 0.27% 4,116 $5.4M Add +46.7%
NKE Nike Inc. Class B 0.27% 77,547 $5.4M New
VRNT Verint Systems Inc. 0.27% 266,349 $5.4M New
ABT Abbott Laboratories 0.27% 40,254 $5.4M Add +87.3%
TSM Taiwan Semiconductor-SP ADR 0.27% 19,244 $5.4M Reduce -27.2%
TPR Tapestry Inc. 0.27% 47,445 $5.4M Reduce -78.0%
ROG Rogers Corp. 0.27% 66,333 $5.3M New
PTON Peloton Interactive Inc. Class A 0.26% 586,922 $5.3M New
NCLH Norwegian Cruise Line Holdin 0.26% 211,232 $5.2M New
NXST Nexstar Media Group Inc. 0.25% 25,496 $5.0M Add +14.3%
VTR Ventas Inc. 0.25% 71,878 $5.0M New
CG The Carlyle Group Inc. 0.25% 80,050 $5.0M Reduce -47.9%
BBIO Bridgebio Pharma Inc. 0.25% 95,672 $5.0M Reduce -50.8%
HON Honeywell International Inc. 0.25% 23,575 $5.0M New
CPRI Capri Holdings Ltd. 0.25% 248,919 $5.0M Reduce -27.4%
DD Dupont DE Nemours Inc. 0.25% 63,413 $4.9M New
CMA Comerica Inc. 0.24% 71,526 $4.9M New
BATRK Atlanta Braves Holdings in-C 0.24% 116,568 $4.8M Reduce -37.2%
Z Zillow Group Inc. Class C 0.24% 62,909 $4.8M New
LHX L3HARRIS Technologies Inc. 0.24% 15,842 $4.8M Add +109.3%
OI O-I Glass Inc. 0.24% 372,787 $4.8M New
IRTC Irhythm Holdings Inc. 0.24% 28,044 $4.8M New
ASML ASML Holding NV-NY Reg SHS 0.24% 4,892 $4.7M New
U Unity Software Inc. 0.24% 118,047 $4.7M New
WDC Western Digital Corp. 0.24% 39,355 $4.7M Reduce -73.4%
VNT Vontier Corp. 0.23% 111,755 $4.7M Add +97.5%
GLNG Golar LNG Ltd. 0.23% 115,263 $4.7M New
ADPT Adaptive Biotechnologies 0.23% 310,313 $4.6M Reduce -49.6%
TREX Trex Company Inc. 0.23% 89,656 $4.6M New
BX Blackstone Inc. 0.23% 26,968 $4.6M New
STE Steris PLC 0.23% 18,615 $4.6M Reduce -12.8%
ONTO Onto Innovation Inc. 0.23% 35,217 $4.6M New
JLL Jones Lang Lasalle Inc. 0.23% 15,138 $4.5M New
GPC Genuine Parts Co. 0.23% 32,479 $4.5M New
PNC PNC Financial Services Group 0.22% 22,306 $4.5M New
HOLX Hologic Inc. 0.22% 66,404 $4.5M Add +53.4%
DXCM Dexcom Inc. 0.22% 66,148 $4.5M New
PIPR Piper Sandler Cos 0.21% 12,345 $4.3M Add +25.9%
BCC Boise Cascade Co. 0.21% 54,498 $4.2M New
SHEL Shell PLC-ADR 0.21% 58,200 $4.2M Reduce -19.9%
URBN Urban Outfitters Inc. 0.21% 57,456 $4.1M New
RIO Rio Tinto PLC-Spon ADR 0.20% 60,705 $4.0M New
JEF Jefferies Financial Group Inc. 0.20% 61,021 $4.0M Reduce -54.2%
TFX Teleflex Inc. 0.20% 32,423 $4.0M New
MCK McKesson Corp. 0.20% 5,113 $3.9M Add +8.0%
FERG Ferguson Enterprises Inc. 0.20% 17,386 $3.9M Add +595.4%
ECHO Echostar Corp. Class A 0.19% 51,055 $3.9M Reduce -7.8%
NTRS Northern Trust Corp. 0.19% 28,939 $3.9M Add +113.7%
SFM Sprouts Farmers Market Inc. 0.19% 35,770 $3.9M New
TOL Toll Brothers Inc. 0.19% 27,761 $3.8M Add +49.7%
JHX James Hardie Ind PLC 0.19% 199,268 $3.8M Add +3.0%
ALHC Alignment Healthcare Inc. 0.19% 218,589 $3.8M New
WST West Pharmaceutical Services 0.19% 14,319 $3.8M New
BHF Brighthouse Financial Inc. 0.18% 68,178 $3.6M Reduce -65.9%
TAC Transalta Corp. 0.18% 264,361 $3.6M Add +190.3%
MHK Mohawk Industries Inc. 0.18% 28,001 $3.6M New
SPR Spirit Aerosystems Hold Class A 0.18% 92,800 $3.6M Reduce -0.8%
RYTM Rhythm Pharmaceuticals Inc. 0.18% 35,156 $3.6M Reduce -50.4%
AMAT Applied Materials Inc. 0.18% 17,118 $3.5M New
GLD SPDR Gold Shares 0.17% 9,795 $3.5M Add +157.9%
TWLO Twilio Inc. Class A 0.17% 34,601 $3.5M New
SBRA Sabra Health Care REIT Inc. 0.17% 184,001 $3.4M Add +31.1%
OLED Universal Display Corp. 0.17% 23,805 $3.4M New
HR Healthcare Realty Trust Inc. 0.17% 189,551 $3.4M Add +258.9%
RGEN Repligen Corp. 0.17% 25,420 $3.4M New
WBS Webster Financial Corp. 0.17% 57,141 $3.4M Add +3.8%
TMO Thermo Fisher Scientific Inc. 0.17% 6,938 $3.4M New
UNP Union Pacific Corp. 0.17% 14,079 $3.3M New
LH Labcorp Holdings Inc. 0.16% 11,486 $3.3M New
VNOM Viper Energy Inc. Class A 0.16% 83,323 $3.2M New
BURL Burlington Stores Inc. 0.16% 12,500 $3.2M Reduce -68.5%
BDX Becton Dickinson and Co. 0.16% 16,847 $3.2M Add +71.6%
CADE Cadence Bank 0.16% 83,884 $3.1M New
UTHR United Therapeutics Corp. 0.16% 7,507 $3.1M New
TSLA Tesla Inc. 0.16% 7,053 $3.1M Add +221.8%
TPG TPG Inc. 0.16% 54,460 $3.1M New
ATI Ati Inc. 0.16% 38,328 $3.1M New
TRGP Targa Resources Corp. 0.15% 18,285 $3.1M New
GEV GE Vernova Inc. 0.15% 4,929 $3.0M Add +147.8%
MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC 0.15% 90,000 $3.0M Add +260.0%
LB Landbridge Co. LLC-A 0.15% 55,489 $3.0M New
DECK Deckers Outdoor Corp. 0.14% 28,464 $2.9M New
BTU Peabody Energy Corp. 0.14% 108,654 $2.9M New
EFX Equifax Inc. 0.14% 11,059 $2.8M New
VERA Vera Therapeutics Inc. 0.14% 96,573 $2.8M Reduce -40.4%
WAY Waystar Holding Corp. 0.14% 73,674 $2.8M Reduce -38.1%
IPG Interpublic Group of Cos Inc. 0.14% 100,000 $2.8M Add +11.5%
MD Pediatrix Medical Group Inc. 0.14% 162,769 $2.7M Reduce -79.0%
XLV SS Health Care Select Sector 0.14% 19,545 $2.7M Add +74.1%
MLYS Mineralys Therapeutics Inc. 0.14% 71,713 $2.7M Add +345.1%
METC Ramaco Resources Inc. Class A 0.14% 81,556 $2.7M New
OC Owens Corning 0.13% 19,005 $2.7M Add +39.3%
TTI Tetra Technologies Inc. 0.13% 466,711 $2.7M Add +128.8%
PWR Quanta Services Inc. 0.13% 6,213 $2.6M Reduce -59.2%
HUBB Hubbell Inc. 0.13% 5,834 $2.5M Add +562.2%
IQV Iqvia Holdings Inc. 0.13% 13,214 $2.5M New
AAPL Apple Inc. 0.13% 9,818 $2.5M Reduce -61.8%
CFLT Confluent Inc. Class A 0.12% 123,248 $2.4M Reduce -78.1%
UNM Unum Group 0.12% 31,297 $2.4M Add +43.5%
CRDO Credo Technology Group Holdi 0.12% 16,653 $2.4M Reduce -27.5%
DHR Danaher Corp. 0.12% 12,215 $2.4M New
TLN Talen Energy Corp. 0.12% 5,684 $2.4M Reduce -75.0%
FUN Six Flags Entertainment Corp. 0.12% 105,000 $2.4M New
ELAN Elanco Animal Health Inc. 0.12% 118,239 $2.4M Reduce -53.8%
KGC Kinross Gold Corp. 0.12% 95,406 $2.4M Reduce -55.8%
BLND Blend Labs Inc. Class A 0.12% 640,912 $2.3M New
MSM MSC Industrial Direct Co. Class A 0.11% 24,945 $2.3M New
TVTX Travere Therapeutics Inc. 0.11% 94,656 $2.3M New
MKTX Marketaxess Holdings Inc. 0.11% 12,916 $2.3M Reduce -33.0%
QRVO Qorvo Inc. 0.11% 24,667 $2.2M New
CNTA Centessa Pharmaceuticals Ltd. 0.11% 92,628 $2.2M New
THC Tenet Healthcare Corp. 0.11% 10,829 $2.2M Add +35.1%
TTAN Servicetitan Inc. Class A 0.11% 21,544 $2.2M New
KRMN Karman Holdings Inc. 0.10% 28,652 $2.1M New
ICHR Ichor Holdings Ltd. 0.10% 116,014 $2.0M New
RBBN Ribbon Communications Inc. 0.10% 524,067 $2.0M New
GPRE Green Plains Inc. 0.10% 225,055 $2.0M New
CME Cme Group Inc. 0.10% 7,318 $2.0M New
HESM Hess Midstream LP Class A 0.10% 57,215 $2.0M New
UNH Unitedhealth Group Inc. 0.10% 5,689 $2.0M New
MCO Moody's Corp. 0.10% 4,060 $1.9M New
AM Antero Midstream Corp. 0.10% 99,319 $1.9M Reduce -72.4%
FORM Formfactor Inc. 0.10% 52,830 $1.9M New
BEN Franklin Templeton Inc. 0.09% 81,033 $1.9M Reduce -52.2%
EZU iShares MSCI Eurozone ETF 0.09% 30,000 $1.9M New
JBTM JBT Marel Corp. 0.09% 13,139 $1.8M Reduce -49.6%
ALAB Astera Labs Inc. 0.09% 9,409 $1.8M New
AHL Aspen Insurance Holdings Class A 0.09% 50,000 $1.8M New
NXE Nexgen Energy Ltd. 0.09% 204,088 $1.8M Reduce -75.5%
NRIX Nurix Therapeutics Inc. 0.09% 191,015 $1.8M Add +64.5%
HLI Houlihan Lokey Inc. 0.09% 8,517 $1.7M New
VIK Viking Holdings Ltd. 0.09% 27,620 $1.7M New
RMBS Rambus Inc. 0.09% 16,315 $1.7M Reduce -75.2%
ASND Ascendis Pharma A/S 0.08% 8,376 $1.7M Reduce -9.1%
MDGL Madrigal Pharmaceuticals Inc. 0.08% 3,606 $1.7M Reduce -24.4%
COGT Cogent Biosciences Inc. 0.08% 111,058 $1.6M New
KKR KKR & Co. Inc. 0.08% 12,126 $1.6M Reduce -72.6%
PEN Penumbra Inc. 0.08% 6,215 $1.6M New
BLDR Builders Firstsource Inc. 0.08% 12,869 $1.6M Reduce -83.9%
AKRO Akero Therapeutics Inc. 0.08% 31,903 $1.5M New
HBM Hudbay Minerals Inc. 0.07% 98,356 $1.5M New
H Hyatt Hotels Corp. Class A 0.07% 10,242 $1.5M Reduce -81.8%
WBD Warner Bros Discovery Inc. 0.07% 70,737 $1.4M New
IDYA Ideaya Biosciences Inc. 0.07% 49,946 $1.4M Add +193.9%
CGON CG Oncology Inc. 0.07% 32,558 $1.3M Reduce -61.6%
RNAM Avidity Biosciences Inc. 0.07% 30,077 $1.3M New
IWM iShares Russell 2000 ETF 0.07% 5,372 $1.3M New
BSX Boston Scientific Corp. 0.06% 13,254 $1.3M New
FCX Freeport-McMoran Inc. 0.06% 31,976 $1.3M Reduce -86.3%
EXAS Exact Sciences Corp. 0.06% 22,614 $1.2M New
PANW Palo Alto Networks Inc. 0.06% 6,001 $1.2M New
DRVN Driven Brands Holdings Inc. 0.06% 75,643 $1.2M Reduce -15.9%
CARR Carrier Global Corp. 0.06% 19,807 $1.2M New
CC The Chemours Co. 0.06% 74,457 $1.2M Reduce -77.6%
VSXY Victoria's Secret & Co. 0.06% 43,289 $1.2M Reduce -87.8%
CDTX Cidara Therapeutics Inc. 0.06% 12,066 $1.2M New
DKNG Draftkings Inc. Class A 0.06% 30,663 $1.1M New
SEE Sealed Air Corp. 0.06% 32,349 $1.1M New
ACLX Arcellx Inc. 0.06% 13,626 $1.1M Reduce -22.3%
NBIS Nebius Group NV 0.06% 9,859 $1.1M New
REGN Regeneron Pharmaceuticals 0.05% 1,937 $1.1M Reduce -37.7%
GDRX Goodrx Holdings Inc. Class A 0.05% 251,937 $1.1M Add +179.9%
BRKR Bruker Corp. 0.05% 32,798 $1.1M Reduce -75.5%
HSY The Hershey Co. 0.05% 5,607 $1.0M New
IOT Samsara Inc. Class A 0.05% 28,074 $1.0M Reduce -83.8%
PRMB Primo Brands Corp. 0.05% 45,670 $1.0M Reduce -79.8%
EEM iShares MSCI Emerging Market 0.05% 18,735 $1.0M New
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.05% 9,187 $998K New
LENZ Lenz Therapeutics Inc. 0.05% 21,062 $981K New
CHD Church & Dwight Co. Inc. 0.05% 11,003 $964K New
GKOS Glaukos Corp. 0.05% 11,498 $938K New
XENE Xenon Pharmaceuticals Inc. 0.05% 23,054 $926K New
ADUS Addus Homecare Corp. 0.05% 7,685 $907K New
COLM Columbia Sportswear Co. 0.04% 16,872 $882K New
ANF Abercrombie & Fitch Co. Class A 0.04% 10,137 $867K New
AS Amer Sports Inc. 0.04% 24,832 $863K New
MKC McCormick & Co.-Non VTG SHRS 0.04% 12,880 $862K New
SES Ses AI Corp. 0.04% 515,317 $861K New
PAGP Plains GP Holdings LP 0.04% 45,551 $831K New
PENN Penn Entertainment Inc. 0.04% 42,153 $812K New
WVE Wave Life Sciences Ltd. 0.04% 110,537 $809K Reduce -60.2%
AAOI Applied Optoelectronics Inc. 0.04% 30,845 $800K New
CRI Carter's Inc. 0.04% 27,617 $779K New
HLF Herbalife Ltd. 0.04% 92,138 $778K New
W Wayfair Inc. Class A 0.04% 8,654 $773K Reduce -77.7%
COIN Coinbase Global Inc. Class A 0.04% 2,285 $771K New
SYK Stryker Corp. 0.04% 2,073 $766K Reduce -47.2%
CWH Camping World Holdings Inc. Class A 0.04% 48,419 $765K New
MCD McDonald's Corp. 0.04% 2,407 $731K Reduce -91.0%
ALGN Align Technology Inc. 0.04% 5,660 $709K Add +68.7%
BHC Bausch Health Cos Inc. 0.03% 108,022 $697K New
ICUI Icu Medical Inc. 0.03% 5,779 $693K New
CLX Clorox Company 0.03% 5,572 $687K New
CHE Chemed Corp. 0.03% 1,478 $662K New
BCAX Bicara Therapeutics Inc. 0.03% 41,849 $661K New
BTSG Brightspring Health Services 0.03% 21,973 $650K Reduce -29.1%
USAR USA Rare Earth Inc. 0.03% 37,547 $645K New
PRVA Privia Health Group Inc. 0.03% 25,614 $638K Reduce -92.5%
GLXY Galaxy Digital Inc. Class A 0.03% 18,625 $630K Reduce -73.2%
ZTS Zoetis Inc. 0.03% 4,262 $624K New
CCJ Cameco Corp. 0.03% 7,416 $622K New
ISRG Intuitive Surgical Inc. 0.03% 1,345 $602K Reduce -92.7%
TERN Terns Pharmaceuticals Inc. 0.03% 77,555 $582K Reduce -29.5%
DGX Quest Diagnostics Inc. 0.03% 2,908 $554K New
JNJ Johnson & Johnson 0.03% 2,904 $538K New
BBWI Bath & Body Works Inc. 0.03% 20,609 $531K Reduce -68.6%
TXG 10X Genomics Inc. Class A 0.03% 44,103 $516K New
DHI D.R. Horton Inc. 0.03% 3,027 $513K New
CDZI Cadiz Inc. 0.02% 103,894 $490K New
SVCO Silvaco Group Inc. 0.02% 90,000 $487K New
DAY Dayforce Inc. 0.02% 7,000 $482K New
SNDX Syndax Pharmaceuticals Inc. 0.02% 30,440 $468K New
BKD Brookdale Senior Living Inc. 0.02% 54,512 $462K New
BOW Bowhead Specialty Holdings I 0.02% 16,757 $453K Add +0.8%
LFST Lifestance Health Group Inc. 0.02% 81,860 $450K New
TDOC Teladoc Health Inc. 0.02% 58,242 $450K Add +45.6%
SF Stifel Financial Corp. 0.02% 3,854 $437K Reduce -56.9%
BILL Bill Holdings Inc. 0.02% 8,158 $432K New
IOVA Iovance Biotherapeutics Inc. 0.02% 195,290 $424K New
LASR Nlight Inc. 0.02% 14,212 $421K Reduce -91.7%
INTU Intuit Inc. 0.02% 609 $416K New
WTFC Wintrust Financial Corp. 0.02% 3,128 $414K Reduce -92.4%
AGIO Agios Pharmaceuticals Inc. 0.02% 10,099 $405K New
DNLI Denali Therapeutics Inc. 0.02% 27,792 $404K Add +14.3%
THO Thor Industries Inc. 0.02% 3,820 $396K New
META Meta Platforms Inc. Class A 0.02% 527 $387K Reduce -91.8%
ETHA iShares Ethereum Trust ETF 0.02% 12,000 $378K New
INSP Inspire Medical Systems Inc. 0.02% 5,000 $371K New
VKTX Viking Therapeutics Inc. 0.02% 13,798 $363K Reduce -14.9%
V Visa Inc. Class A 0.02% 1,042 $356K New
S Sentinelone Inc. Class A 0.02% 20,000 $352K New
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.02% 1,076 $333K Reduce -67.9%
BWXT BWX Technologies Inc. 0.02% 1,721 $317K New
AMSC American Superconductor Corp. 0.02% 5,256 $312K New
LQDA Liquidia Corp. 0.02% 13,353 $304K Reduce -51.9%
SPGI S&P Global Inc. 0.01% 548 $267K Reduce -94.2%
WFC Wells Fargo & Co. 0.01% 2,950 $247K Reduce -95.4%
ESS Essex Property Trust Inc. 0.01% 920 $246K New
IVZ Invesco Ltd. 0.01% 10,297 $236K Reduce -85.1%
WELL Welltower Inc. 0.01% 1,317 $235K Reduce -95.8%
KLAC KLA Corp. 0.01% 207 $223K New
MS Morgan Stanley 0.01% 1,327 $211K Reduce -98.8%
CTVA Corteva Inc. 0.01% 3,102 $210K New
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.01% 212 $202K New
WYNN WYNN Resorts Ltd. 0.01% 1,567 $201K Reduce -98.0%
ANNX Annexon Inc. 0.01% 65,466 $200K Reduce -51.7%
NEXT Nextdecade Corp. 0.01% 21,595 $147K Reduce -96.8%
NB Niocorp Developments Ltd. 0.01% 21,462 $143K New
F Ford Motor Co. filed as FORD MTR CO 0.01% 11,790 $141K New
VIR Vir Biotechnology Inc. 0.01% 24,183 $138K Reduce -72.6%
ADTN Adtran Holdings Inc. 0.01% 13,522 $127K No change
FLNC Fluence Energy Inc. 0.01% 10,634 $115K New
JBLU Jetblue Airways Corp. 0.00% 17,449 $86K New

Options reported separately and not counted above: CVS puts ($11.8M), CI puts ($9.8M), SLV calls ($8.5M), S calls ($8.3M), CFLT calls ($7.9M), QRVO calls ($7.3M), VST calls ($4.9M), FLR calls ($4.4M), PTON calls ($3.6M), NKE puts ($3.5M), LUV puts ($3.2M), ONON calls ($3.2M), and 6 more.

Other holdings (4): bonds, preferreds, convertibles and warrants · $2.6M (not counted above)
SecurityClassShares / PrincipalValueChange
CVE.WS Cenovus Energy Inc. -CW26 *W EXP 01/01/202 181,700$2.2MNo change
LZM.WS Lifezone Metals Ltd. -28 *W EXP 07/05/202 550,000$347KNo change
FBYDW Falcon's Beyond Global-27 *W EXP 10/06/202 11,747$17KNo change
SESCW Ivanhoe Capital Class A -CW27 *W EXP 12/10/202 67,024$12KNo change

Total filed on the 13F, all lines: $2.0B.

Portfolio Sells Q2 2025 → Q3 2025
BPMC Blueprint Medicines Corp. Sold out 0.00% −1.90
CEG Constellation Energy Reduce -53.6% 0.92% −1.26
WMB Williams Cos Inc. Sold out 0.00% −1.25
VST Vistra Corp. Reduce -32.4% 1.92% −1.22
DLTR Dollar Tree Inc. Sold out 0.00% −1.20
FLR Fluor Corp. Reduce -19.6% 1.34% −0.93
KEY Keycorp Sold out 0.00% −0.92
MS Morgan Stanley Reduce -98.8% 0.01% −0.86
TPR Tapestry Inc. Reduce -78.0% 0.27% −0.79
RKT Rocket Cos Inc. Class A Sold out 0.00% −0.79
CFG Citizens Financial Group Reduce -55.2% 0.64% −0.70
JPM JPMorgan Chase & Co. Sold out 0.00% −0.69
FLEX Flex Ltd. Sold out 0.00% −0.69
PEG Public Service Enterprise GP Reduce -40.1% 0.76% −0.67
LNG Cheniere Energy Inc. Sold out 0.00% −0.67
BE Bloom Energy Corp. Class A Reduce -90.2% 0.30% −0.66
CFLT Confluent Inc. Class A Reduce -78.1% 0.12% −0.66
ULTA Ulta Beauty Inc. Reduce -63.2% 0.41% −0.65
AMD Advanced Micro Devices Sold out 0.00% −0.62
BRO Brown & Brown Inc. Sold out 0.00% −0.62
GMS GMS Inc. Sold out 0.00% −0.61
DDOG Datadog Inc. Class A Sold out 0.00% −0.59
OKE Oneok Inc. Sold out 0.00% −0.54
ISRG Intuitive Surgical Inc. Reduce -92.7% 0.03% −0.53
VLO Valero Energy Corp. Reduce -56.2% 0.51% −0.52
MXL Maxlinear Inc. Sold out 0.00% −0.51
FCX Freeport-McMoran Inc. Reduce -86.3% 0.06% −0.50
AGI Alamos Gold Inc. Class A Sold out 0.00% −0.50
K Kellanova Reduce -18.1% 1.52% −0.49
ICE Intercontinental Exchange Inc. Sold out 0.00% −0.49
BG Bunge Global SA Sold out 0.00% −0.49
MD Pediatrix Medical Group Inc. Reduce -79.0% 0.14% −0.49
TXN Texas Instruments Inc. Sold out 0.00% −0.45
SPTN Spartannash Co. Sold out 0.00% −0.44
BLDR Builders Firstsource Inc. Reduce -83.9% 0.08% −0.44
MASI Masimo Corp. Sold out 0.00% −0.44
LRCX Lam Research Corp. Sold out 0.00% −0.44
MDB Mongodb Inc. Sold out 0.00% −0.44
BHF Brighthouse Financial Inc. Reduce -65.9% 0.18% −0.42
ALNY Alnylam Pharmaceuticals Inc. Sold out 0.00% −0.42
PRVA Privia Health Group Inc. Reduce -92.5% 0.03% −0.41
WYNN WYNN Resorts Ltd. Reduce -98.0% 0.01% −0.41
CNK Cinemark Holdings Inc. Sold out 0.00% −0.41
MCD McDonald's Corp. Reduce -91.0% 0.04% −0.40
EW Edwards Lifesciences Corp. Reduce -50.1% 0.30% −0.38
ORCL Oracle Corp. Sold out 0.00% −0.38
H Hyatt Hotels Corp. Class A Reduce -81.8% 0.07% −0.37
CRL Charles River Laboratories Sold out 0.00% −0.36
BURL Burlington Stores Inc. Reduce -68.5% 0.16% −0.36
CVS CVS Health Corp. Sold out 0.00% −0.35

Portfolio Buys Q2 2025 → Q3 2025
CYBR Cyberark Software Ltd./Israel Add +12587.1% 1.60% +1.58
YUM Yum! Brands Inc. New 1.08% +1.08
ROST Ross Stores Inc. Add +149.7% 1.57% +0.98
NSC Norfolk Southern Corp. Add +2105.0% 0.99% +0.95
TXRH Texas Roadhouse Inc. New 0.95% +0.95
HUBS HubSpot Inc. New 0.93% +0.93
WBI Waterbridge Infrastruc Class A New 0.91% +0.91
SYY Sysco Corp. Add +840.3% 0.97% +0.87
VRNA Verona Pharma Ltd. Add +270.6% 1.18% +0.86
EXE Expand Energy Corp. Add +256.2% 1.28% +0.83
C Citigroup Inc. Add +1078.1% 0.89% +0.82
UAL United Airlines Holdings Inc. Add +3377.0% 0.83% +0.80
BIRK Birkenstock Holding PLC New 0.78% +0.78
GFS Globalfoundries Inc. New 0.73% +0.73
ESTC Elastic NV New 0.68% +0.68
FROG Jfrog Ltd. New 0.66% +0.66
CHKP Check Point Software Tech Add +5896.3% 0.65% +0.63
NIQ Niq Global Intelligence PLC New 0.63% +0.63
CBOE Cboe Global Markets Inc. New 0.63% +0.63
AON Aon PLC Class A New 0.60% +0.60
IONS Ionis Pharmaceuticals Inc. New 0.57% +0.57
UHS Universal Health Services-B Add +3244.5% 0.59% +0.57
ENTG Entegris Inc. New 0.55% +0.55
BAC Bank of America Corp. Add +78.3% 1.26% +0.54
MU Micron Technology Inc. Add +2079.3% 0.51% +0.49
IBKR Interactive Brokers Gro Class A Add +2350.2% 0.51% +0.49
WNS WNS Holdings Ltd. New 0.48% +0.48
LVS Las Vegas Sands Corp. New 0.47% +0.47
GAP The Gap Inc. New 0.45% +0.45
SNAP Snap Inc. Class A New 0.44% +0.44
MANH Manhattan Associates Inc. New 0.43% +0.43
CNC Centene Corp. Add +4732.2% 0.44% +0.42
B Barrick Mining Corp. New 0.40% +0.40
KVYO Klaviyo Inc. Class A New 0.40% +0.40
CAH Cardinal Health Inc. New 0.39% +0.39
KMI Kinder Morgan Inc. Add +60.8% 1.38% +0.38
ARGX Argenx SE - ADR Add +435.3% 0.45% +0.38
PFE Pfizer Inc. Add +205.4% 0.59% +0.38
MSFT Microsoft Corp. Add +148.4% 0.67% +0.38
XLK SS Technology Select Sector New 0.38% +0.38
GH Guardant Health Inc. New 0.38% +0.38
NCNO Ncino Inc. Add +2273.4% 0.40% +0.38
XLC SS Comm Select Sector SPDR New 0.38% +0.38
NEE Nextera Energy Inc. Add +423.9% 0.46% +0.37
BIIB Biogen Inc. Add +344.8% 0.46% +0.36
GOOG Alphabet Inc. Class C Add +178.1% 0.49% +0.35
SPOT Spotify Technology SA New 0.35% +0.35
CVX Chevron Corp. New 0.34% +0.34
COHR Coherent Corp. New 0.34% +0.34
MNST Monster Beverage Corp. New 0.34% +0.34

Options Activity Q2 2025 → Q3 2025
QQQ Invesco QQQ Trust Series 1 put Sold out 40,000 $22.1Mbefore exit
MCD McDonald's Corp. call Sold out 70,000 $20.5Mbefore exit
CVS CVS Health Corp. put New 156,000 $11.8M
CI The Cigna Group put New 34,000 $9.8M
VSXY Victoria's Secret & Co. call Sold out 475,000 $8.8Mbefore exit
SLV iShares Silver Trust call Add +300.0% 200,000 $8.5M
SOXX iShares Semiconductor ETF put Sold out 35,000 $8.4Mbefore exit
S Sentinelone Inc. Class A call New 471,700 $8.3M
CFLT Confluent Inc. Class A call Reduce -11.1% 400,000 $7.9M
ON On Semiconductor put Sold out 150,000 $7.9Mbefore exit
QRVO Qorvo Inc. call New 80,000 $7.3M
ROST Ross Stores Inc. call Sold out 45,000 $5.7Mbefore exit
XBI SS SPDR S&P Biotech ETF call Sold out 60,000 $5.0Mbefore exit
VST Vistra Corp. call New 25,000 $4.9M
FLR Fluor Corp. call New 103,600 $4.4M
ONON On Holding AG Class A put Sold out 70,000 $3.6Mbefore exit
PTON Peloton Interactive Inc. Class A call New 400,000 $3.6M
NKE Nike Inc. Class B put New 50,000 $3.5M
LUV Southwest Airlines Co. put New 100,000 $3.2M
ONON On Holding AG Class A call New 75,000 $3.2M
HIMS Hims & Hers Health Inc. put Sold out 60,000 $3.0Mbefore exit
FUN Six Flags Entertainment Corp. call New 125,000 $2.8M
HUM Humana Inc. call New 9,800 $2.5M
TGT Target Corp. call New 25,000 $2.2M
SEE Sealed Air Corp. call New 50,000 $1.8M
W Wayfair Inc. Class A put Sold out 31,500 $1.6Mbefore exit
WBD Warner Bros Discovery Inc. call New 75,000 $1.5M
PFE Pfizer Inc. call New 50,000 $1.3M
OSCR Oscar Health Inc. Class A call Sold out 34,000 $729Kbefore exit
CWAN Clearwater Analytics HDS-A call Sold out 20,000 $439Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 396$2.5BVST, IWM, APGE, PKG, HD
Q1 2026 345$1.5BVST, VLO, FPS, HD, LZM
Q4 2025 374$1.7BVST, CVX, FYBR, EXAS, CYBR
Q3 2025 371$2.0BVST, CYBR, ROST, K, FYBR
Q2 2025 336$1.8BVST, FLR, CEG, K, BPMC
Q1 2025 285$1.3BK, BECN, VST, KMI, CEG
Q4 2024 321$1.9BCEG, AM, WMB, DFS, K
Q3 2024 340$1.7BVST, AM, SRCL, BKV, KD
Q2 2024 349$1.9BVST, AM, MPC, WFC, ARES
Q1 2024 357$1.9BGE, AES, PI, NEE, VST