Davidson Kempner Capital Management LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Davidson Kempner Capital Management LP reported 111 stock positions worth $3.7 billion. Its top holding was Kellanova (K) at 14.2% of the portfolio, followed by Hashicorp Class A (HCP, 7.0%) and Arko (ARKO, 4.1%). Compared with Q3 2024, it opened 55 new positions, sold out of 46, added to 26 and reduced 22. The biggest buy was Kellanova (K, shares +136%) and the biggest sale an exit from Catalent (CTLT).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001595082
- Portfolio Value
- $3.7B (Q4 2024)
- SEC Filing
- 0001595082-25-000022 ↗ filed Feb 14, 2025
Holdings Value
Holdings 111 stocks · $3.7B
| K Kellanova | 14.17% | 6,547,732 | $530.2M | Add +135.5% |
| HCP Hashicorp Inc. Class A | 6.99% | 7,644,092 | $261.5M | Add +13.2% |
| ARKO Arko Corp. | 4.08% | 23,139,671 | $152.5M | No change |
| PLYA Playa Hotels & Resorts NV | 4.02% | 11,892,519 | $150.4M | Reduce -2.9% |
| HES Hess Corp. | 3.83% | 1,077,897 | $143.4M | Add +56.1% |
| ALTM Arcadium Lithium PLC | 3.81% | 27,825,806 | $142.7M | New |
| META Meta Platforms Inc. Class A | 2.71% | 172,959 | $101.3M | Reduce -8.9% |
| FYBR Frontier Communications Pare | 2.67% | 2,881,844 | $100.0M | New |
| WDC Western Digital Corp. | 2.31% | 1,449,309 | $86.4M | Reduce -7.1% |
| AMZN Amazon.com Inc. | 2.17% | 370,000 | $81.2M | New |
| AMED Amedisys Inc. | 2.09% | 861,572 | $78.2M | Add +422.8% |
| JNPR Juniper Networks Inc. | 1.91% | 1,907,973 | $71.5M | New |
| ASML ASML Holding NV-NY Reg SHS | 1.76% | 95,175 | $66.0M | New |
| SBUX Starbucks Corp. | 1.69% | 695,001 | $63.4M | Add +71.6% |
| MSFT Microsoft Corp. | 1.64% | 145,921 | $61.5M | Add +191.8% |
| SMAR Smartsheet Inc. Class A | 1.61% | 1,075,000 | $60.2M | Add +95.5% |
| ULTA Ulta Beauty Inc. | 1.57% | 135,000 | $58.7M | New |
| BWXT BWX Technologies Inc. | 1.36% | 457,128 | $50.9M | New |
| MCD McDonald's Corp. | 1.32% | 170,000 | $49.3M | Add +240.0% |
| CAVA Cava Group Inc. | 1.31% | 435,784 | $49.2M | Add +1643.1% |
| NVDA Nvidia Corp. | 1.29% | 359,215 | $48.2M | Add +128.1% |
| AOMR Angel Oak Mortgage REIT Inc. | 1.29% | 5,181,869 | $48.1M | No change |
| HD Home Depot Inc. | 1.27% | 122,000 | $47.5M | Add +221.1% |
| MA Mastercard Inc. Class A | 1.24% | 88,000 | $46.3M | Add +76.0% |
| T AT&T Inc. | 1.22% | 2,000,000 | $45.5M | No change |
| ANSS Ansys Inc. | 1.14% | 126,442 | $42.7M | Reduce -33.9% |
| SPOT Spotify Technology SA | 1.14% | 95,089 | $42.5M | Reduce -34.5% |
| CHWY Chewy Inc. Class A | 1.04% | 1,161,226 | $38.9M | Add +1061.2% |
| BERY Berry Global Group Inc. | 1.00% | 577,342 | $37.3M | New |
| NFLX Netflix Inc. | 0.95% | 40,000 | $35.7M | Add +45.5% |
| CHRW C.H. Robinson Worldwide Inc. | 0.95% | 345,000 | $35.6M | Add +68.3% |
| ADBE Adobe Inc. | 0.89% | 75,000 | $33.4M | Add +200.0% |
| WSC Willscot Holdings Corp. | 0.87% | 970,477 | $32.5M | New |
| BKNG Booking Holdings Inc. | 0.86% | 6,500 | $32.3M | Reduce -35.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.84% | 815,595 | $31.3M | Add +62.2% |
| ALK Alaska Air Group Inc. | 0.82% | 475,000 | $30.8M | Add +295.8% |
| CEG Constellation Energy | 0.76% | 126,398 | $28.3M | Add +456.8% |
| DKNG Draftkings Inc. Class A | 0.73% | 731,374 | $27.2M | Add +38.0% |
| CP Canadian Pacific Kansas City | 0.71% | 365,000 | $26.4M | Add +204.2% |
| OC Owens Corning | 0.64% | 140,000 | $23.8M | New |
| UBER Uber Technologies Inc. | 0.64% | 394,655 | $23.8M | Reduce -21.1% |
| PH Parker Hannifin Corp. | 0.62% | 36,500 | $23.2M | Reduce -33.0% |
| ALTR Altair Engineering Inc. Class A | 0.56% | 192,694 | $21.0M | New |
| LITE Lumentum Holdings Inc. | 0.56% | 249,650 | $21.0M | New |
| NOC Northrop Grumman Corp. | 0.53% | 42,500 | $19.9M | Add +70.0% |
| IPG Interpublic Group of Cos Inc. | 0.53% | 706,465 | $19.8M | New |
| KBR KBR Inc. | 0.52% | 336,758 | $19.5M | New |
| FXI iShares China Large-Cap ETF | 0.51% | 630,000 | $19.2M | No change |
| AZO AutoZone Inc. | 0.47% | 5,500 | $17.6M | Add +83.3% |
| IP International Paper Co. | 0.45% | 315,000 | $17.0M | Reduce -1.6% |
| CRM Salesforce Inc. | 0.45% | 50,000 | $16.7M | No change |
| TMUS T-Mobile US Inc. | 0.44% | 75,000 | $16.6M | Reduce -81.0% |
| TPR Tapestry Inc. | 0.40% | 230,000 | $15.0M | New |
| TTWO Take-Two Interactive Softwre | 0.39% | 80,000 | $14.7M | New |
| USFD US Foods Holding Corp. | 0.38% | 210,000 | $14.2M | New |
| FDX FedEx Corp. | 0.38% | 50,000 | $14.1M | New |
| DRI Darden Restaurants Inc. | 0.37% | 75,000 | $14.0M | New |
| MMM 3M Co. | 0.34% | 100,000 | $12.9M | Reduce -54.5% |
| TEAM Atlassian Corp. Class A | 0.33% | 50,000 | $12.2M | Reduce -33.3% |
| IWM iShares Russell 2000 ETF | 0.32% | 55,000 | $12.2M | New |
| SUM Summit Materials Inc. Class A | 0.31% | 230,844 | $11.7M | New |
| CYBR Cyberark Software Ltd./Israel | 0.31% | 35,000 | $11.7M | Add +40.0% |
| KEX Kirby Corp. | 0.31% | 110,000 | $11.6M | Reduce -58.1% |
| SNOW Snowflake Inc. | 0.31% | 75,000 | $11.6M | No change |
| BURL Burlington Stores Inc. | 0.30% | 40,000 | $11.4M | New |
| ON On Semiconductor | 0.30% | 178,493 | $11.3M | New |
| AS Amer Sports Inc. | 0.30% | 400,000 | $11.2M | New |
| W Wayfair Inc. Class A | 0.30% | 250,000 | $11.1M | Reduce -22.7% |
| CCC CCC Intelligent Solutions Ho | 0.28% | 888,628 | $10.4M | New |
| AAPL Apple Inc. | 0.27% | 40,000 | $10.0M | New |
| SARO Standardaero Inc. | 0.27% | 402,500 | $10.0M | New |
| MNST Monster Beverage Corp. | 0.26% | 187,599 | $9.9M | New |
| Z Zillow Group Inc. Class C | 0.25% | 125,000 | $9.3M | Reduce -50.0% |
| HPE Hewlett Packard Enterprise | 0.23% | 407,999 | $8.7M | New |
| GXO Gxo Logistics Inc. | 0.23% | 200,000 | $8.7M | New |
| CYTK Cytokinetics Inc. | 0.23% | 179,061 | $8.4M | Reduce -11.8% |
| OLLI Ollie's Bargain Outlet Holdi | 0.22% | 75,000 | $8.2M | Add +50.0% |
| KEYS Keysight Technologies Inc. | 0.21% | 50,000 | $8.0M | New |
| APH Amphenol Corp. Class A | 0.21% | 115,000 | $8.0M | New |
| CDNS Cadence Design SYS Inc. | 0.20% | 25,000 | $7.5M | New |
| VCSA Vacasa Inc. Class A | 0.20% | 1,517,381 | $7.4M | Add +13.0% |
| GTES Gates Industrial Corp. UK Ltd. | 0.19% | 350,000 | $7.2M | New |
| COMP Compass Inc. Class A | 0.19% | 1,200,000 | $7.0M | New |
| FLS Flowserve Corp. | 0.18% | 120,000 | $6.9M | New |
| BHR Braemar Hotels & Resorts Inc. | 0.18% | 2,300,700 | $6.9M | No change |
| ACMR Acm Research Inc. Class A | 0.16% | 393,770 | $5.9M | New |
| PENG Penguin Solutions Inc. | 0.16% | 305,345 | $5.9M | New |
| AER Aercap Holdings NV | 0.15% | 60,000 | $5.7M | Reduce -83.3% |
| URBN Urban Outfitters Inc. | 0.15% | 100,000 | $5.5M | New |
| RRX Regal Rexnord Corp. | 0.15% | 35,000 | $5.4M | Reduce -63.2% |
| MSC Studio City Internationa-ADR | 0.14% | 911,306 | $5.1M | Reduce -1.0% |
| CCL Carnival Corp. | 0.13% | 200,000 | $5.0M | New |
| LIN Linde PLC | 0.13% | 11,856 | $5.0M | Reduce -77.9% |
| RSP Invesco S&P 500 Equal Weight | 0.12% | 25,000 | $4.4M | New |
| X United States Steel Corp. | 0.10% | 114,007 | $3.9M | Reduce -9.4% |
| TTAN Servicetitan Inc. Class A | 0.07% | 25,000 | $2.6M | New |
| BLND Blend Labs Inc. Class A | 0.06% | 550,000 | $2.3M | New |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 0.05% | 85,000 | $2.0M | Reduce -50.0% |
| SMCI Super Micro Computer Inc. | 0.05% | 62,539 | $1.9M | New |
| MGM MGM Resorts International | 0.05% | 50,000 | $1.7M | New |
| ATAIBECKLEY INC filed as ATAI LIFE SCIENCES NV | 0.03% | 949,373 | $1.3M | New |
| KLC Kindercare Learning Cos Inc. | 0.03% | 70,000 | $1.2M | New |
| INGM Ingram Micro Holding Corp. | 0.03% | 62,500 | $1.2M | New |
| IREN Iren Ltd. filed as IREN LIMITED | 0.03% | 96,675 | $949K | New |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.02% | 14,919 | $916K | New |
| CZR Caesars Entertainment Inc. | 0.02% | 25,000 | $836K | New |
| KWEB Kranesh Csi China Internet | 0.02% | 25,000 | $731K | New |
| ESPR Esperion Therapeutics Inc. | 0.01% | 222,482 | $489K | No change |
| AEHR Aehr Test Systems | 0.01% | 21,368 | $355K | New |
| CBLL Ceribell Inc. | 0.01% | 10,000 | $258K | New |
| UPB Upstream Bio Inc. | 0.01% | 12,500 | $205K | New |
Options reported separately and not counted above: X calls ($112.6M), SPY puts ($73.0M), GXO calls ($31.7M), ACI calls ($31.4M), WGO puts ($23.9M), SMH puts ($6.2M), LW calls ($6.0M).
Other holdings (87): bonds, preferreds, convertibles and warrants · $1.9B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 170,000,000 | $162.9M | Add +6.3% |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 70,000,000 | $155.2M | Add +2.9% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 110,000,000 | $111.1M | No change |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 85,000,000 | $102.0M | Add +13.3% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 75,000,000 | $82.5M | New |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 73,000,000 | $77.8M | Reduce -11.5% |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | 65,000,000 | $74.1M | Add +18.2% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 55,000,000 | $72.9M | New |
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | 73,000,000 | $69.3M | Reduce -2.7% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 55,000,000 | $60.4M | Add +10.0% |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 60,000,000 | $59.3M | Add +9.1% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 55,000,000 | $58.5M | Add +22.2% |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 75,000,000 | $57.5M | Reduce -9.4% |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 47,500,000 | $53.1M | Add +5.6% |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 55,000,000 | $53.0M | Add +22.2% |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 50,000,000 | $44.9M | No change |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | 45,000,000 | $42.7M | Add +7.1% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 40,000,000 | $42.3M | Add +100.0% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 45,000,000 | $39.9M | No change |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | 36,000,000 | $39.5M | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 40,000,000 | $38.7M | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 39,000,000 | $37.3M | Add +95.0% |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 82,500,000 | $34.2M | Add +10.0% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 30,000,000 | $32.9M | Add +9.1% |
| SNAP INC (SNAP 0.125 03/01/28) | NOTE 0.125% 3/0 · principal | 40,000,000 | $32.7M | No change |
| NIO INC (NIO 3.875 10/15/29) | NOTE 3.875%10/1 · principal | 40,000,000 | $29.8M | No change |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | 22,500,000 | $28.4M | New |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 30,000,000 | $27.7M | Add +30.4% |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 20,000,000 | $27.2M | No change |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 35,500,000 | $25.7M | Add +42.0% |
| ALARM COM HLDGS INC | NOTE 2.25% 6/1/29 · principal | 23,500,000 | $23.1M | Add +46.9% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 25,000,000 | $21.3M | New |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | 47,540,000 | $20.9M | Add +4.4% |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 21,000,000 | $19.8M | No change |
| LENDINGTREE INC (TREE 0.5 07/15/25) | NOTE 0.500% 7/1 · principal | 20,000,000 | $19.1M | No change |
| FARO TECHNOLOGIES INC (FARO 5.5 02/01/28) | NOTE 5.500% 2/0 · principal | 15,000,000 | $14.8M | No change |
| FASTLY INC (FSLY 0 03/15/26) | NOTE 3/1 · principal | 14,266,000 | $13.3M | Reduce -28.7% |
| FASTLY INC | NOTE 7.75% 06/01/28 · principal | 11,622,000 | $11.7M | New |
| BRAEMAR HOTELS & RESORTS (BHR 4.5 06/01/26) | NOTE 4.500% 6/0 · principal | 12,500,000 | $11.4M | No change |
| CUTERA INC (CUTR 2.25 06/01/28) | NOTE 2.250% 6/0 · principal | 50,000,000 | $7.1M | No change |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 10,000,000 | $6.9M | No change |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 375,000 | $413K | No change |
| ARKOW Arko Corp. -CW25 | *W EXP 12/22/202 | 533,333 | $240K | No change |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 143,750 | $181K | No change |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 200,000 | $147K | No change |
| PDYNW Sarcos Technology -CW27 | *W EXP 09/24/202 | 187,499 | $144K | No change |
| FBYDW Falcon's Beyond Global-27 | *W EXP 10/06/202 | 125,000 | $114K | No change |
| LNZAW Amci Acquisition II A -CW28 | *W EXP 01/01/202 | 374,999 | $105K | No change |
| ML.WS Moneylion Inc. -CW27 | *W EXP 09/22/202 | 517,389 | $95K | No change |
| UNITED HOMES GROUP INC | *W EXP 03/30/202 | 95,296 | $86K | No change |
| TALKW Hudson Executive Inv -CW25 | *W EXP 06/21/202 | 616,450 | $79K | No change |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | 350,042 | $78K | No change |
| UWM HOLDINGS CORPORATION | *W EXP 01/21/202 | 328,700 | $67K | No change |
| ORGNW Origin Materials -CW26 | *W EXP 06/25/202 | 521,975 | $67K | No change |
| SLND.WS Legato Merger Corp. II -CW23 | *W EXP 02/14/202 | 237,500 | $57K | No change |
| BDMDW Baird Medical Investment -28 | *W EXP 10/01/202 | 250,000 | $51K | New |
| BZFDW Buzzfeed Inc. -CW27 | *W EXP 12/03/202 | 266,666 | $48K | No change |
| FLYX.WS Eg Acquisition Corp.-A -CW28 | *W EXP 99/99/999 | 266,666 | $48K | No change |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 175,000 | $47K | No change |
| RNWWW Renew Energy Global -CW26 | *W EXP 08/21/202 | 193,066 | $31K | No change |
| VLNWF Valens Semiconductor -CW26 | *W EXP 09/30/202 | 350,000 | $29K | No change |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 150,000 | $27K | No change |
| RDZNW Vahanna Tech Edge -CW24 | *W EXP 11/30/202 | 175,000 | $26K | No change |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 100,000 | $23K | No change |
| PRCWF Procaps Group SA -CW26 | *W EXP 09/29/202 | 547,600 | $23K | No change |
| VSTWF Vast Solar PTY Ltd. -28 | *W EXP 07/01/202 | 300,000 | $23K | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | 200,000 | $21K | No change |
| SDSTW Global Partner Acq A -CW27 | *W EXP 06/21/202 | 83,332 | $20K | No change |
| OUSTZ Ouster Inc. -CW25 | *W EXP 03/11/202 | 150,000 | $16K | No change |
| ABPWW Atlantic Coast Acq -CW23 | *W EXP 11/12/202 | 250,000 | $16K | New |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 250,000 | $14K | No change |
| BETRW Better Home & Finance-CW26 | *W EXP 08/22/202 | 100,000 | $12K | No change |
| BYNOW Bynordic Acquisition -CW27 | *W EXP 07/01/202 | 371,250 | $11K | No change |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 195,399 | $9K | No change |
| MLECW Moolec Science SA | *W EXP 12/30/202 | 250,000 | $6K | No change |
| VMCWF Valuence Merger Corp. -CW27 | *W EXP 99/99/999 | 150,000 | $5K | No change |
| PPYAW Papaya Growth Opportuni-CW23 | *W EXP 12/31/202 | 250,000 | $5K | No change |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 100,000 | $5K | No change |
| XOSWW Xos Inc. -CW26 | *W EXP 08/20/202 | 466,666 | $3K | No change |
| ALURW Allurion Technologies-28 | *W EXP 08/01/203 | 97,826 | $3K | No change |
| CELULARITY INC | *W EXP 07/16/202 | 150,800 | $3K | No change |
| GGROW Gogoro Inc. -CW27 | *W EXP 04/04/202 | 125,000 | $2K | No change |
| STLNW Oncology Institute Inc. CW-22 | *W EXP 99/99/999 | 318,710 | $2K | No change |
| LTRYW Sports Entertainment-CW21 | *W EXP 10/15/202 | 100,000 | $1K | No change |
| CHEER HLDG INC | *W EXP 02/13/202 | 1,080,000 | $1K | No change |
| ZCARW Zoomcar Holdings Inc. | *W EXP 05/31/202 | 50,000 | $945 | No change |
| SONWQ Gores Metropoulos II -CW28 | *W EXP 01/18/202 | 142,406 | $911 | No change |
Total filed on the 13F, all lines: $5.7B.
Portfolio Sells Q3 2024 → Q4 2024
| CTLT Catalent Inc. | Sold out | 0.00% | −8.37 |
| AXONICS INC | Sold out | 0.00% | −3.82 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −2.55 |
| TMUS T-Mobile US Inc. | Reduce -81.0% | 0.44% | −2.46 |
| WDC Western Digital Corp. | Reduce -7.1% | 2.31% | −1.47 |
| MTCH Match Group Inc. | Sold out | 0.00% | −1.37 |
| META Meta Platforms Inc. Class A | Reduce -8.9% | 2.71% | −1.15 |
| AER Aercap Holdings NV | Reduce -83.3% | 0.15% | −1.06 |
| ANSS Ansys Inc. | Reduce -33.9% | 1.14% | −1.02 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −1.01 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.95 |
| KEX Kirby Corp. | Reduce -58.1% | 0.31% | −0.83 |
| LIN Linde PLC | Reduce -77.9% | 0.13% | −0.77 |
| SPOT Spotify Technology SA | Reduce -34.5% | 1.14% | −0.76 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.73 |
| MMM 3M Co. | Reduce -54.5% | 0.34% | −0.72 |
| UBER Uber Technologies Inc. | Reduce -21.1% | 0.64% | −0.70 |
| CLDT Chatham Lodging Trust | Sold out | 0.00% | −0.70 |
| BKNG Booking Holdings Inc. | Reduce -35.0% | 0.86% | −0.63 |
| PH Parker Hannifin Corp. | Reduce -33.0% | 0.62% | −0.60 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.59 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.51 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −0.49 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.46 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.46 |
| ROST Ross Stores Inc. | Sold out | 0.00% | −0.43 |
| ZBRA Zebra Technologies Corp. Class A | Sold out | 0.00% | −0.43 |
| RRX Regal Rexnord Corp. | Reduce -63.2% | 0.15% | −0.41 |
| JCI Johnson Controls Internation | Sold out | 0.00% | −0.41 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.38 |
| W Wayfair Inc. Class A | Reduce -22.7% | 0.30% | −0.35 |
| Z Zillow Group Inc. Class C | Reduce -50.0% | 0.25% | −0.32 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.28 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.27 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −0.26 |
| ALC Alcon Inc. | Sold out | 0.00% | −0.25 |
| CPRI Capri Holdings Ltd. | Sold out | 0.00% | −0.25 |
| BA The Boeing Co. | Sold out | 0.00% | −0.22 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.20 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −0.20 |
| UNIT Uniti Group LLC Com SHS | Sold out | 0.00% | −0.18 |
| CYTK Cytokinetics Inc. | Reduce -11.8% | 0.23% | −0.16 |
| MOND Mondee Holdings Inc. | Sold out | 0.00% | −0.15 |
| TRMD Torm PLC-A | Sold out | 0.00% | −0.15 |
| TBBB BBB Foods Inc. Class A | Sold out | 0.00% | −0.14 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.14 |
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −0.14 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.14 |
| ELAN Elanco Animal Health Inc. | Sold out | 0.00% | −0.12 |
| UPBD Upbound Group Inc. | Sold out | 0.00% | −0.11 |
Portfolio Buys Q3 2024 → Q4 2024
| K Kellanova | Add +135.5% | 14.17% | +6.21 |
| ALTM Arcadium Lithium PLC | New | 3.81% | +3.81 |
| FYBR Frontier Communications Pare | New | 2.67% | +2.67 |
| AMZN Amazon.com Inc. | New | 2.17% | +2.17 |
| JNPR Juniper Networks Inc. | New | 1.91% | +1.91 |
| ASML ASML Holding NV-NY Reg SHS | New | 1.76% | +1.76 |
| ULTA Ulta Beauty Inc. | New | 1.57% | +1.57 |
| AMED Amedisys Inc. | Add +422.8% | 2.09% | +1.53 |
| BWXT BWX Technologies Inc. | New | 1.36% | +1.36 |
| CAVA Cava Group Inc. | Add +1643.1% | 1.31% | +1.20 |
| BERY Berry Global Group Inc. | New | 1.00% | +1.00 |
| CHWY Chewy Inc. Class A | Add +1061.2% | 1.04% | +0.94 |
| MSFT Microsoft Corp. | Add +191.8% | 1.64% | +0.88 |
| WSC Willscot Holdings Corp. | New | 0.87% | +0.87 |
| MCD McDonald's Corp. | Add +240.0% | 1.32% | +0.78 |
| HD Home Depot Inc. | Add +221.1% | 1.27% | +0.72 |
| OC Owens Corning | New | 0.64% | +0.64 |
| ALK Alaska Air Group Inc. | Add +295.8% | 0.82% | +0.63 |
| NVDA Nvidia Corp. | Add +128.1% | 1.29% | +0.61 |
| ALTR Altair Engineering Inc. Class A | New | 0.56% | +0.56 |
| LITE Lumentum Holdings Inc. | New | 0.56% | +0.56 |
| CEG Constellation Energy | Add +456.8% | 0.76% | +0.55 |
| IPG Interpublic Group of Cos Inc. | New | 0.53% | +0.53 |
| SMAR Smartsheet Inc. Class A | Add +95.5% | 1.61% | +0.53 |
| KBR KBR Inc. | New | 0.52% | +0.52 |
| HES Hess Corp. | Add +56.1% | 3.83% | +0.50 |
| ADBE Adobe Inc. | Add +200.0% | 0.89% | +0.43 |
| TPR Tapestry Inc. | New | 0.40% | +0.40 |
| TTWO Take-Two Interactive Softwre | New | 0.39% | +0.39 |
| USFD US Foods Holding Corp. | New | 0.38% | +0.38 |
| FDX FedEx Corp. | New | 0.38% | +0.38 |
| DRI Darden Restaurants Inc. | New | 0.37% | +0.37 |
| MA Mastercard Inc. Class A | Add +76.0% | 1.24% | +0.36 |
| CP Canadian Pacific Kansas City | Add +204.2% | 0.71% | +0.34 |
| IWM iShares Russell 2000 ETF | New | 0.32% | +0.32 |
| SUM Summit Materials Inc. Class A | New | 0.31% | +0.31 |
| BURL Burlington Stores Inc. | New | 0.30% | +0.30 |
| ON On Semiconductor | New | 0.30% | +0.30 |
| AS Amer Sports Inc. | New | 0.30% | +0.30 |
| SBUX Starbucks Corp. | Add +71.6% | 1.69% | +0.29 |
| CCC CCC Intelligent Solutions Ho | New | 0.28% | +0.28 |
| AAPL Apple Inc. | New | 0.27% | +0.27 |
| SARO Standardaero Inc. | New | 0.27% | +0.27 |
| MNST Monster Beverage Corp. | New | 0.26% | +0.26 |
| NFLX Netflix Inc. | Add +45.5% | 0.95% | +0.26 |
| HPE Hewlett Packard Enterprise | New | 0.23% | +0.23 |
| GXO Gxo Logistics Inc. | New | 0.23% | +0.23 |
| KEYS Keysight Technologies Inc. | New | 0.21% | +0.21 |
| APH Amphenol Corp. Class A | New | 0.21% | +0.21 |
| CDNS Cadence Design SYS Inc. | New | 0.20% | +0.20 |
Options Activity Q3 2024 → Q4 2024
| X United States Steel Corp. | call | Add +209.5% | 3,311,500 | $112.6M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -23.6% | 124,500 | $73.0M |
| GXO Gxo Logistics Inc. | call | New | 729,700 | $31.7M |
| ACI Albertsons Cos Inc. Class A | call | Add +14.3% | 1,600,000 | $31.4M |
| EL Estee Lauder Companies Class A | call | Sold out | 100,000 | $10.0Mbefore exit |
| SMH Vaneck Semiconductor ETF | put | New | 25,500 | $6.2M |
| LW Lamb Weston Holdings Inc. | call | New | 90,000 | $6.0M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | Add +6.3% | 170,000,000 | $162.9M |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | Add +2.9% | 70,000,000 | $155.2M |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | Add +13.3% | 85,000,000 | $102.0M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | New | 75,000,000 | $82.5M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Reduce -11.5% | 73,000,000 | $77.8M |
| LI AUTO INC (LI 0.25 05/01/28) | NOTE 0.250% 5/0 · principal | Add +18.2% | 65,000,000 | $74.1M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | New | 55,000,000 | $72.9M |
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | Reduce -2.7% | 73,000,000 | $69.3M |
| MARA HOLDINGS INC (MARA 1 12/01/26) | NOTE 1.000%12/0 · principal | Sold out | 75,001,000 | $66.4Mbefore exit |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Add +10.0% | 55,000,000 | $60.4M |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | Add +9.1% | 60,000,000 | $59.3M |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Add +22.2% | 55,000,000 | $58.5M |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | Reduce -9.4% | 75,000,000 | $57.5M |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | Add +5.6% | 47,500,000 | $53.1M |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | Add +22.2% | 55,000,000 | $53.0M |
| FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25) | NOTE 11/0 · principal | Add +7.1% | 45,000,000 | $42.7M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | Add +100.0% | 40,000,000 | $42.3M |
| MANNKIND CORP (MNKD 2.5 03/01/26) | NOTE 2.500% 3/0 · principal | Sold out | 30,000,000 | $39.8Mbefore exit |
| WEIBO CORP (WB 1.375 12/01/30) | NOTE 1.375%12/0 · principal | New | 36,000,000 | $39.5M |
| ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27) | NOTE 1.750% 6/1 · principal | Sold out | 27,500,000 | $39.1Mbefore exit |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | New | 40,000,000 | $38.7M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +95.0% | 39,000,000 | $37.3M |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Add +10.0% | 82,500,000 | $34.2M |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Add +9.1% | 30,000,000 | $32.9M |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | New | 22,500,000 | $28.4M |
| CHEGG INC (CHGG 0 09/01/26) | NOTE 9/0 · principal | Sold out | 37,000,000 | $28.0Mbefore exit |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | Add +30.4% | 30,000,000 | $27.7M |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | Add +42.0% | 35,500,000 | $25.7M |
| ESPERION THERAPEUTICS (ESPR 4 11/15/25) | NOTE 4.000%11/1 · principal | Sold out | 25,000,000 | $23.7Mbefore exit |
| ALARM COM HLDGS INC | NOTE 2.25% 6/1/29 · principal | Add +46.9% | 23,500,000 | $23.1M |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | New | 25,000,000 | $21.3M |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | Add +4.4% | 47,540,000 | $20.9M |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Sold out | 20,000,000 | $17.3Mbefore exit |
| FASTLY INC (FSLY 0 03/15/26) | NOTE 3/1 · principal | Reduce -28.7% | 14,266,000 | $13.3M |
| FASTLY INC | NOTE 7.75% 06/01/28 · principal | New | 11,622,000 | $11.7M |
| CENTURY ALUMINUM COMPANY (CENX 2.75 05/01/28) | NOTE 2.750% 5/0 · principal | Sold out | 9,500,000 | $10.5Mbefore exit |
| ADSEW ADS-Tec Energy PLC-WRNT | *W EXP 99/99/999 | Sold out | 137,500 | $319Kbefore exit |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | Sold out | 425,000 | $84Kbefore exit |
| RRAWF Rigel Resource Acquisi -CW23 | *W EXP 99/99/999 | Sold out | 225,000 | $79Kbefore exit |
| BDMDW Baird Medical Investment -28 | *W EXP 10/01/202 | New | 250,000 | $51K |
| GHIXW Gores Holding Ix -CW24 | *W EXP 01/14/202 | Sold out | 333,333 | $25Kbefore exit |
| EVE.WS Eve Mobility Acquisit A -23 | *W EXP 12/31/202 | Sold out | 375,000 | $18Kbefore exit |
| ABPWW Atlantic Coast Acq -CW23 | *W EXP 11/12/202 | New | 250,000 | $16K |
| XFINW Excelfin Acquisition -CW23 | *W EXP 10/25/202 | Sold out | 250,000 | $14Kbefore exit |
| PERCEPTION CAPITAL CORP IV | *W EXP 99/99/999 | Sold out | 250,000 | $13Kbefore exit |
| PHYWF PHYT WS -CW | *W EXP 05/03/202 | Sold out | 200,000 | $12Kbefore exit |
| TLGWF TLGY Acquisition Corp. -23 | *W EXP 11/09/202 | Sold out | 350,000 | $11Kbefore exit |
| BFQWF Battery Future Acquis A -23 | *W EXP 99/99/999 | Sold out | 500,000 | $10Kbefore exit |
| FIACW Focus Impact Acquisit -CW23 | *W EXP 99/99/999 | Sold out | 250,000 | $8Kbefore exit |
| ZPTAW Zapata Computing Hol- CW23 | *W EXP 02/14/202 | Sold out | 225,000 | $8Kbefore exit |
Showing the first 50 of 65.
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 | 146 | $4.1B | EA, SPCX, ECHO, ARKO, CBRS |
| Q1 2026Amended | 142 | $3.7B | EA, ECHO, GTLS, ARKO, HOLX |
| Q4 2025Amended | 134 | $4.9B | CYBR, EXAS, EA, GTLS, CFLT |
| Q3 2025Amended | 144 | $4.7B | CYBR, GTLS, K, VRNA, FYBR |
| Q2 2025Amended | 104 | $4.2B | HES, K, AZEK, FYBR, IPG |
| Q1 2025Amended | 118 | $5.2B | ITCI, K, HES, IPG, FYBR |
| Q4 2024Amended | 111 | $3.7B | K, HCP, ARKO, PLYA, HES |
| Q3 2024Amended | 102 | $2.8B | CTLT, HCP, K, ARKO, META |
| Q2 2024Amended | 133 | $4.3B | WRK, HES, CTLT, EDR, HCP |
| Q1 2024Amended | 122 | $5.0B | PXD, HES, WRK, ARKO, CTLT |