Cinctive Capital Management LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Cinctive Capital Management LP reported 345 stock positions worth $1.5 billion. Its top holding was Vistra (VST) at 2.4% of the portfolio, followed by Valero Energy (VLO, 2.2%) and Forgent Power Solutions Class A (FPS, 2.1%). Compared with Q4 2025, it opened 166 new positions, sold out of 195, added to 100 and reduced 76. The biggest buy was a new position in Forgent Power Solutions Class A (FPS) and the biggest sale an exit from Chevron (CVX).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001787258
- Portfolio Value
- $1.5B (Q1 2026)
- SEC Filing
- 0001172661-26-002084 ↗ filed May 15, 2026
Holdings Value
Holdings 345 stocks · $1.5B
| VST Vistra Corp. | 2.37% | 239,692 | $36.0M | Reduce -28.2% |
| VLO Valero Energy Corp. | 2.18% | 133,878 | $33.1M | Add +9.5% |
| FPS Forgent Power Solutions Class A | 2.07% | 1,074,925 | $31.5M | New |
| HD Home Depot Inc. | 1.78% | 82,276 | $27.1M | Add +131.5% |
| LZM Lifezone Metals Ltd. | 1.70% | 7,675,231 | $25.8M | Add +10.9% |
| NVDA Nvidia Corp. | 1.61% | 140,524 | $24.5M | Add +9.8% |
| TGT Target Corp. | 1.55% | 194,010 | $23.5M | Add +82.7% |
| CEG Constellation Energy | 1.43% | 77,828 | $21.7M | Add +20.1% |
| ROST Ross Stores Inc. | 1.34% | 93,715 | $20.3M | Reduce -22.6% |
| WBD Warner Bros Discovery Inc. | 1.25% | 694,591 | $19.1M | New |
| SRE Sempra | 1.16% | 181,254 | $17.6M | Reduce -38.0% |
| KRSP Rice Acquisition Corp. 3-A | 1.12% | 1,654,849 | $17.1M | No change |
| NTRS Northern Trust Corp. | 1.06% | 115,609 | $16.1M | Add +143.7% |
| WBI Waterbridge Infrastruc Class A | 1.04% | 588,908 | $15.8M | Reduce -43.2% |
| NET Cloudflare Inc. Class A | 1.01% | 74,460 | $15.4M | New |
| TPH Tri Pointe Homes Inc. | 1.01% | 328,600 | $15.4M | New |
| OKE Oneok Inc. | 0.90% | 151,837 | $13.7M | Add +396.9% |
| WMT Walmart Inc. | 0.90% | 109,654 | $13.6M | Add +109.9% |
| AMAT Applied Materials Inc. | 0.89% | 39,469 | $13.5M | Add +331.3% |
| BLDR Builders Firstsource Inc. | 0.84% | 155,155 | $12.8M | Add +440.9% |
| RL Ralph Lauren Corp. | 0.84% | 36,993 | $12.7M | Add +22.6% |
| ANF Abercrombie & Fitch Co. Class A | 0.82% | 136,893 | $12.5M | Add +199.8% |
| INSM Insmed Inc. | 0.79% | 73,063 | $11.9M | Add +307.1% |
| TXRH Texas Roadhouse Inc. | 0.78% | 71,840 | $11.9M | Reduce -11.7% |
| C Citigroup Inc. | 0.76% | 102,100 | $11.6M | Reduce -17.8% |
| CSX CSX Corp. | 0.75% | 279,110 | $11.5M | Add +358.3% |
| MS Morgan Stanley | 0.75% | 69,001 | $11.4M | Reduce -14.8% |
| FIVE Five Below | 0.73% | 48,874 | $11.2M | Reduce -23.7% |
| JPM JPMorgan Chase & Co. | 0.71% | 36,810 | $10.8M | New |
| BBIO Bridgebio Pharma Inc. | 0.71% | 145,728 | $10.8M | Add +107.7% |
| ASO Academy Sports & Outdoors Inc. | 0.66% | 179,000 | $10.1M | Add +13.3% |
| WH Wyndham Hotels & Resorts Inc. | 0.66% | 124,132 | $10.1M | Add +1176.5% |
| TRP TC Energy Corp. | 0.66% | 160,114 | $10.0M | Add +117.8% |
| NTHI Neonc Technologies Holdings | 0.66% | 1,425,526 | $10.0M | New |
| ORLY O'reilly Automotive Inc. | 0.65% | 107,657 | $9.9M | Reduce -25.6% |
| MTSI Macom Technology Solutions H | 0.64% | 44,137 | $9.8M | Add +73.5% |
| DINO HF Sinclair Corp. | 0.64% | 155,360 | $9.7M | New |
| PSN Parsons Corp. | 0.64% | 178,823 | $9.7M | Add +3093.3% |
| DAWN Day One Biopharmaceuticals I | 0.63% | 450,000 | $9.6M | New |
| DHR Danaher Corp. | 0.63% | 50,796 | $9.6M | Add +118.0% |
| NIQ Niq Global Intelligence PLC | 0.61% | 820,785 | $9.3M | Add +28.4% |
| WTTR Select Water Solutions Inc. | 0.61% | 604,324 | $9.2M | Add +115.2% |
| LLY Eli Lilly & Co. | 0.61% | 10,008 | $9.2M | Add +2.7% |
| ACLX Arcellx Inc. | 0.60% | 80,000 | $9.2M | New |
| RVMD Revolution Medicines Inc. | 0.60% | 93,857 | $9.1M | Add +120.1% |
| FLG Flagstar Bank NA | 0.60% | 691,908 | $9.1M | New |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.58% | 258,329 | $8.8M | Add +93.1% |
| RBA RB Global Inc. | 0.58% | 91,666 | $8.8M | New |
| DECK Deckers Outdoor Corp. | 0.57% | 86,982 | $8.7M | Add +346.1% |
| GLDD Great Lakes Dredge & Dock Co. | 0.56% | 500,000 | $8.5M | New |
| ISRG Intuitive Surgical Inc. | 0.56% | 18,435 | $8.5M | Add +240.3% |
| SRRK Scholar Rock Holding Corp. | 0.56% | 172,535 | $8.5M | New |
| JNJ Johnson & Johnson | 0.56% | 34,668 | $8.5M | New |
| SCHW Schwab (charles) Corp. | 0.54% | 87,113 | $8.2M | Add +121.4% |
| TWLO Twilio Inc. Class A | 0.54% | 64,999 | $8.2M | Add +33.5% |
| MDGL Madrigal Pharmaceuticals Inc. | 0.53% | 15,326 | $8.0M | Add +315.7% |
| DNTH Dianthus Therapeutics Inc. | 0.52% | 94,408 | $7.9M | Add +105.7% |
| DLTR Dollar Tree Inc. | 0.51% | 70,484 | $7.7M | New |
| ROIV Roivant Sciences Ltd. | 0.50% | 274,521 | $7.6M | New |
| HLT Hilton Worldwide Holdings Inc. | 0.50% | 24,920 | $7.6M | Add +698.7% |
| AIG American International Group | 0.50% | 100,285 | $7.5M | New |
| CG The Carlyle Group Inc. | 0.49% | 155,284 | $7.5M | New |
| USB US Bancorp | 0.49% | 142,212 | $7.4M | New |
| UAL United Airlines Holdings Inc. | 0.49% | 80,229 | $7.4M | Add +1475.6% |
| REGN Regeneron Pharmaceuticals | 0.47% | 9,278 | $7.2M | Add +46.3% |
| RTX RTX Corp. | 0.47% | 37,129 | $7.2M | New |
| BATRK Atlanta Braves Holdings in-C | 0.47% | 167,289 | $7.1M | Add +6.3% |
| STZ Constellation Brands Inc. Class A | 0.46% | 46,618 | $7.0M | New |
| GS Goldman Sachs Group Inc. | 0.46% | 8,256 | $7.0M | New |
| TPR Tapestry Inc. | 0.46% | 49,472 | $7.0M | New |
| PEG Public Service Enterprise GP | 0.46% | 85,613 | $6.9M | Reduce -57.0% |
| UNH Unitedhealth Group Inc. | 0.45% | 25,194 | $6.8M | Add +103.8% |
| COF Capital One Financial Corp. | 0.45% | 37,328 | $6.8M | Reduce -42.1% |
| DDOG Datadog Inc. Class A | 0.45% | 57,636 | $6.8M | New |
| SBUX Starbucks Corp. | 0.45% | 75,788 | $6.8M | New |
| WYNN WYNN Resorts Ltd. | 0.44% | 66,396 | $6.7M | New |
| BMY Bristol-Myers Squibb Co. | 0.44% | 110,079 | $6.7M | New |
| JAZZ Jazz Pharmaceuticals PLC | 0.43% | 34,686 | $6.6M | Add +447.2% |
| MSCI MSCI Inc. | 0.43% | 12,008 | $6.5M | New |
| KKR KKR & Co. Inc. | 0.42% | 69,119 | $6.4M | New |
| MU Micron Technology Inc. | 0.42% | 18,901 | $6.4M | Reduce -47.5% |
| COLB Columbia Banking System Inc. | 0.42% | 232,427 | $6.4M | Reduce -17.6% |
| JBS JBS NV-A | 0.42% | 353,520 | $6.3M | Reduce -67.0% |
| WING Wingstop Inc. | 0.42% | 40,892 | $6.3M | Add +2820.9% |
| ECHO Echostar Corp. Class A | 0.41% | 53,128 | $6.2M | Add +119.8% |
| MCO Moody's Corp. | 0.41% | 14,145 | $6.2M | New |
| AZN Astrazeneca PLC | 0.40% | 30,971 | $6.1M | Add +1418.6% |
| MWH Solv Energy Inc. Class A | 0.40% | 203,039 | $6.1M | New |
| HCA HCA Healthcare Inc. | 0.40% | 12,877 | $6.1M | New |
| SNDK Sandisk Corp. | 0.39% | 9,338 | $5.9M | New |
| PNFP Pinnacle Financial Partners | 0.39% | 68,597 | $5.9M | New |
| FHN First Horizon Corp. | 0.39% | 258,940 | $5.9M | Reduce -45.7% |
| CAH Cardinal Health Inc. | 0.38% | 27,174 | $5.7M | New |
| ARGX Argenx SE - ADR | 0.37% | 7,687 | $5.6M | Add +16.4% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.37% | 152,048 | $5.6M | Add +118.2% |
| MC Moelis & Co. Class A | 0.36% | 97,015 | $5.5M | New |
| TMO Thermo Fisher Scientific Inc. | 0.36% | 10,986 | $5.4M | Add +15.9% |
| TKR Timken Co. | 0.35% | 53,316 | $5.4M | New |
| WBS Webster Financial Corp. | 0.35% | 76,839 | $5.3M | Add +278.0% |
| TW Tradeweb Markets Inc. Class A | 0.34% | 44,116 | $5.2M | Add +33.0% |
Options reported separately and not counted above: LULU calls ($6.5M), CNM calls ($3.7M), CSX calls ($3.1M), QURE calls ($491K).
Other holdings (4): bonds, preferreds, convertibles and warrants · $522K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 550,000 | $275K | No change |
| KRSP.WS Rice Acquisition Corp. 3 | *W EXP 99/99/999 | 275,808 | $221K | No change |
| FBYDW Falcon's Beyond Global-27 | *W EXP 10/06/202 | 11,747 | $24K | No change |
| SESCW Ivanhoe Capital Class A -CW27 | *W EXP 12/10/202 | 67,024 | $2K | No change |
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q4 2025 → Q1 2026
| CVX Chevron Corp. | Sold out | 0.00% | −2.11 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −2.10 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −1.93 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −1.90 |
| KMI Kinder Morgan Inc. | Sold out | 0.00% | −1.50 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −1.45 |
| BAC Bank of America Corp. | Sold out | 0.00% | −1.22 |
| CVLT Commvault Systems Inc. | Sold out | 0.00% | −1.14 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −1.02 |
| FFIV F5 Inc. | Sold out | 0.00% | −0.95 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.90 |
| EXE Expand Energy Corp. | Reduce -78.9% | 0.28% | −0.89 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.79 |
| HBAN Huntington Bancshares Inc. | Reduce -71.9% | 0.30% | −0.75 |
| VST Vistra Corp. | Reduce -28.2% | 2.37% | −0.74 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.68 |
| EVR Evercore Inc. Class A | Sold out | 0.00% | −0.64 |
| BL Blackline Inc. | Sold out | 0.00% | −0.64 |
| APPN Appian Corp. Class A | Sold out | 0.00% | −0.60 |
| MRCY Mercury Systems Inc. | Reduce -95.5% | 0.03% | −0.59 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.57 |
| CHDN Churchill Downs Inc. | Reduce -73.1% | 0.17% | −0.54 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.54 |
| DT Dynatrace Inc. | Reduce -94.3% | 0.03% | −0.53 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.52 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.50 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.49 |
| SNV Synovus Financial Corp. | Sold out | 0.00% | −0.49 |
| BIRK Birkenstock Holding PLC | Reduce -60.7% | 0.31% | −0.47 |
| JBS JBS NV-A | Reduce -67.0% | 0.42% | −0.47 |
| PEG Public Service Enterprise GP | Reduce -57.0% | 0.46% | −0.47 |
| CFG Citizens Financial Group | Sold out | 0.00% | −0.46 |
| COF Capital One Financial Corp. | Reduce -42.1% | 0.45% | −0.45 |
| DIOD Diodes Inc. | Sold out | 0.00% | −0.44 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.44 |
| AKAM Akamai Technologies Inc. | Sold out | 0.00% | −0.43 |
| AMZN Amazon.com Inc. | Reduce -76.8% | 0.13% | −0.41 |
| SMTC Semtech Corp. | Sold out | 0.00% | −0.40 |
| AVT Avnet Inc. | Sold out | 0.00% | −0.39 |
| TFC Truist Financial Corp. | Sold out | 0.00% | −0.38 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.37 |
| SLAB Silicon Laboratories Inc. | Sold out | 0.00% | −0.37 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.36 |
| TER Teradyne Inc. | Sold out | 0.00% | −0.35 |
| AM Antero Midstream Corp. | Sold out | 0.00% | −0.34 |
| SRE Sempra | Reduce -38.0% | 1.16% | −0.33 |
| LB Landbridge Co. LLC-A | Reduce -95.0% | 0.03% | −0.33 |
| DAY Dayforce Inc. | Sold out | 0.00% | −0.33 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.33 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.32 |
Portfolio Buys Q4 2025 → Q1 2026
| FPS Forgent Power Solutions Class A | New | 2.07% | +2.07 |
| WBD Warner Bros Discovery Inc. | New | 1.25% | +1.25 |
| HD Home Depot Inc. | Add +131.5% | 1.78% | +1.07 |
| VLO Valero Energy Corp. | Add +9.5% | 2.18% | +1.03 |
| NET Cloudflare Inc. Class A | New | 1.01% | +1.01 |
| TPH Tri Pointe Homes Inc. | New | 1.01% | +1.01 |
| TGT Target Corp. | Add +82.7% | 1.55% | +0.95 |
| OKE Oneok Inc. | Add +396.9% | 0.90% | +0.77 |
| AMAT Applied Materials Inc. | Add +331.3% | 0.89% | +0.75 |
| JPM JPMorgan Chase & Co. | New | 0.71% | +0.71 |
| NTRS Northern Trust Corp. | Add +143.7% | 1.06% | +0.69 |
| BLDR Builders Firstsource Inc. | Add +440.9% | 0.84% | +0.67 |
| NTHI Neonc Technologies Holdings | New | 0.66% | +0.66 |
| DINO HF Sinclair Corp. | New | 0.64% | +0.64 |
| DAWN Day One Biopharmaceuticals I | New | 0.63% | +0.63 |
| CSX CSX Corp. | Add +358.3% | 0.75% | +0.63 |
| WH Wyndham Hotels & Resorts Inc. | Add +1176.5% | 0.66% | +0.62 |
| PSN Parsons Corp. | Add +3093.3% | 0.64% | +0.62 |
| INSM Insmed Inc. | Add +307.1% | 0.79% | +0.61 |
| ACLX Arcellx Inc. | New | 0.60% | +0.60 |
| FLG Flagstar Bank NA | New | 0.60% | +0.60 |
| RBA RB Global Inc. | New | 0.58% | +0.58 |
| WMT Walmart Inc. | Add +109.9% | 0.90% | +0.56 |
| GLDD Great Lakes Dredge & Dock Co. | New | 0.56% | +0.56 |
| SRRK Scholar Rock Holding Corp. | New | 0.56% | +0.56 |
| JNJ Johnson & Johnson | New | 0.56% | +0.56 |
| DLTR Dollar Tree Inc. | New | 0.51% | +0.51 |
| ROIV Roivant Sciences Ltd. | New | 0.50% | +0.50 |
| AIG American International Group | New | 0.50% | +0.50 |
| CG The Carlyle Group Inc. | New | 0.49% | +0.49 |
| ANF Abercrombie & Fitch Co. Class A | Add +199.8% | 0.82% | +0.49 |
| USB US Bancorp | New | 0.49% | +0.49 |
| RTX RTX Corp. | New | 0.47% | +0.47 |
| STZ Constellation Brands Inc. Class A | New | 0.46% | +0.46 |
| GS Goldman Sachs Group Inc. | New | 0.46% | +0.46 |
| TPR Tapestry Inc. | New | 0.46% | +0.46 |
| DECK Deckers Outdoor Corp. | Add +346.1% | 0.57% | +0.46 |
| UAL United Airlines Holdings Inc. | Add +1475.6% | 0.49% | +0.45 |
| DDOG Datadog Inc. Class A | New | 0.45% | +0.45 |
| HLT Hilton Worldwide Holdings Inc. | Add +698.7% | 0.50% | +0.45 |
| SBUX Starbucks Corp. | New | 0.45% | +0.45 |
| WYNN WYNN Resorts Ltd. | New | 0.44% | +0.44 |
| BMY Bristol-Myers Squibb Co. | New | 0.44% | +0.44 |
| WTTR Select Water Solutions Inc. | Add +115.2% | 0.61% | +0.44 |
| MSCI MSCI Inc. | New | 0.43% | +0.43 |
| TRP TC Energy Corp. | Add +117.8% | 0.66% | +0.42 |
| KKR KKR & Co. Inc. | New | 0.42% | +0.42 |
| DNTH Dianthus Therapeutics Inc. | Add +105.7% | 0.52% | +0.41 |
| MCO Moody's Corp. | New | 0.41% | +0.41 |
| RVMD Revolution Medicines Inc. | Add +120.1% | 0.60% | +0.40 |
Options Activity Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 140,000 | $95.5Mbefore exit |
| NRG NRG Energy Inc. | put | Sold out | 80,000 | $12.7Mbefore exit |
| LULU Lululemon Athletica Inc. | call | New | 42,500 | $6.5M |
| CNM Core & Main Inc. Class A | call | New | 75,000 | $3.7M |
| SLV iShares Silver Trust | call | Sold out | 50,000 | $3.2Mbefore exit |
| CSX CSX Corp. | call | New | 75,000 | $3.1M |
| DBC Invesco DB Commodity Index T | call | Sold out | 100,000 | $2.2Mbefore exit |
| QURE Uniqure NV | call | Reduce -14.3% | 30,000 | $491K |
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 | 396 | $2.5B | VST, IWM, APGE, PKG, HD |
| Q1 2026 | 345 | $1.5B | VST, VLO, FPS, HD, LZM |
| Q4 2025 | 374 | $1.7B | VST, CVX, FYBR, EXAS, CYBR |
| Q3 2025 | 371 | $2.0B | VST, CYBR, ROST, K, FYBR |
| Q2 2025 | 336 | $1.8B | VST, FLR, CEG, K, BPMC |
| Q1 2025 | 285 | $1.3B | K, BECN, VST, KMI, CEG |
| Q4 2024 | 321 | $1.9B | CEG, AM, WMB, DFS, K |
| Q3 2024 | 340 | $1.7B | VST, AM, SRCL, BKV, KD |
| Q2 2024 | 349 | $1.9B | VST, AM, MPC, WFC, ARES |
| Q1 2024 | 357 | $1.9B | GE, AES, PI, NEE, VST |