Decagon Asset Management LLP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Decagon Asset Management LLP reported 18 stock positions worth $216.9 million. Its top holding was Enstar (ESGR) at 15.0% of the portfolio, followed by Hess (HES, 11.2%) and Smartsheet Class A (SMAR, 11.2%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001950677
- Portfolio Value
- $216.9M (Q4 2024)
- SEC Filing
- 0001085146-25-001686 ↗ filed Feb 14, 2025
Holdings Value
Holdings 18 stocks · $216.9M
| ESGR Enstar Group Ltd. | 15.04% | 101,271 | $32.6M | — |
| HES Hess Corp. | 11.24% | 183,343 | $24.4M | — |
| SMAR Smartsheet Inc. Class A | 11.17% | 432,486 | $24.2M | — |
| AGS Playags Inc. | 8.73% | 1,642,038 | $18.9M | — |
| COLOMBIER ACQUISITION CORP | 8.04% | 1,484,634 | $17.4M | — |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 6.51% | 368,362 | $14.1M | — |
| K Kellanova | 4.67% | 125,042 | $10.1M | — |
| ATSG Air Transport Services Group | 4.66% | 459,645 | $10.1M | — |
| SUM Summit Materials Inc. Class A | 4.56% | 195,466 | $9.9M | — |
| MTTR Matterport Inc. | 4.53% | 2,071,239 | $9.8M | — |
| ZUO Zuora Inc. Class A | 4.31% | 942,721 | $9.4M | — |
| BERY Berry Global Group Inc. | 4.12% | 138,022 | $8.9M | — |
| SPR Spirit Aerosystems Hold Class A | 3.39% | 215,707 | $7.4M | — |
| OACC Oaktree Acquisition Corp. I-A | 3.26% | 709,930 | $7.1M | — |
| RANGU Range Capital Acquisition Co. | 2.86% | 618,046 | $6.2M | — |
| FRNM Freenome Inc. filed as PERCEPTIVE CAP SOLUTIONS COR | 1.41% | 300,000 | $3.1M | — |
| BBOT Bridgebio Oncology Therapeut filed as HELIX ACQUISITION CORP II | 0.90% | 186,454 | $2.0M | — |
| MLACU Mountain Lake Acquisition Co. | 0.59% | 127,801 | $1.3M | — |
Options reported separately and not counted above: AMCR calls ($175K), SPR puts ($77K), MTTR puts ($30K), ATSG calls ($3K), RVNC calls ($1K).
Other holdings (22): bonds, preferreds, convertibles and warrants · $2.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 686,442 | $505K | — |
| USARW Inflection Point Acquis-C-28 | *W EXP 08/31/202 | 759,959 | $372K | — |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | 1,181,391 | $284K | — |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 616,300 | $166K | — |
| OACCW Oaktree Acquisition III -31 | *W EXP 09/01/203 | 181,986 | $160K | — |
| MARXR Mars Acquisition Corp.-Rights | RIGHT 99/99/9999 | 225,000 | $86K | — |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 480,017 | $77K | — |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | 487,475 | $70K | — |
| ANNAW Aleanna Inc. Class A - 29 | *W EXP 12/13/202 | 500,000 | $70K | — |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 372,395 | $56K | — |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 689,516 | $48K | — |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 243,200 | $39K | — |
| GLSTR Global Star Acquisition-RTS | RIGHT 99/99/9999 | 250,000 | $37K | — |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | 100,000 | $36K | — |
| IBACR Ib Acquisition Corp.-RTS | RIGHT 09/28/2026 | 454,915 | $32K | — |
| ESHAR Esh Acquisition Corp. - Right | RIGHT 06/13/2028 | 300,702 | $27K | — |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | 150,000 | $26K | — |
| CAPNR Cayson Acquisition Corp. | RIGHT 99/99/9999 | 100,000 | $12K | — |
| FVNNR Future Vision II Acquisi-RTS | RIGHT 06/29/2029 | 30,000 | $4K | — |
| CDTTW Murphy Canyon Acq-CW27 | *W EXP 09/22/202 | 400,000 | $2K | — |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 16,189 | $2K | — |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | 13,050 | $1K | — |
Total filed on the 13F, all lines: $219.0M.
Portfolio Sells Q4 2024
No earlier filing to compare with.
Portfolio Buys Q4 2024
No earlier filing to compare with.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 38 | $493.1M | NSC, ROKU, PEN, SEM, TECH |
| Q1 2026 | 29 | $381.4M | NSC, PEN, EA, CWAN, HOLX |
| Q4 2025 | 27 | $235.4M | HOLX, EXAS, NSC, CYBR, RNAM |
| Q3 2025 | 22 | $186.2M | CYBR, GTLS, AL, MCGA, ELME |
| Q2 2025 | 21 | $126.0M | SKX, K, ARES ACQUISITION CORP II, BASE, KCHVU |
| Q1 2025 | 18 | $108.7M | HES, AZEK, COLOMBIER ACQUISITION CORP, SLB, RAC.U |
| Q4 2024Amended | 18 | $216.9M | ESGR, HES, SMAR, AGS, COLOMBIER ACQUISITION CORP |