Farallon Capital Management, L.L.C.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Farallon Capital Management, L.L.C. reported 145 stock positions worth $18.0 billion. Its top holding was Hess (HES) at 4.9% of the portfolio, followed by Iqvia (IQV, 4.2%) and Exelixis (EXEL, 3.7%). Compared with Q2 2024, it opened 20 new positions, sold out of 15, added to 42 and reduced 35. The biggest buy was a new position in Woodward (WWD) and the biggest sale Salesforce (CRM, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0000909661
- Portfolio Value
- $18.0B (Q3 2024)
- SEC Filing
- 0000908834-24-000307 ↗ filed Nov 14, 2024
Holdings Value
Holdings 145 stocks · $18.0B
| HES Hess Corp. | 4.85% | 6,445,000 | $875.2M | Reduce -4.9% |
| IQV Iqvia Holdings Inc. | 4.17% | 3,171,083 | $751.5M | Add +8.5% |
| EXEL Exelixis Inc. | 3.66% | 25,410,500 | $659.4M | Reduce -6.2% |
| UNH Unitedhealth Group Inc. | 3.56% | 1,097,900 | $641.9M | Reduce -32.1% |
| MSFT Microsoft Corp. | 3.50% | 1,466,747 | $631.1M | Add +21.9% |
| AON Aon PLC Class A | 3.27% | 1,706,000 | $590.3M | Reduce -9.0% |
| NTRA Natera Inc. | 3.21% | 4,557,309 | $578.6M | Add +2.2% |
| TRU Transunion | 3.18% | 5,475,319 | $573.3M | Reduce -9.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 3.11% | 5,829,568 | $560.7M | Add +62.7% |
| CRM Salesforce Inc. | 3.10% | 2,044,938 | $559.7M | Reduce -30.6% |
| RVMD Revolution Medicines Inc. | 2.85% | 11,317,692 | $513.3M | Add +16.0% |
| CTLT Catalent Inc. | 2.82% | 8,394,000 | $508.4M | Add +10.4% |
| NYT New York Times Co. Class A | 2.70% | 8,744,846 | $486.8M | Reduce -11.8% |
| BSX Boston Scientific Corp. | 2.52% | 5,425,657 | $454.7M | Add +32.0% |
| ARMK Aramark | 2.50% | 11,636,937 | $450.7M | Reduce -31.3% |
| TMO Thermo Fisher Scientific Inc. | 2.43% | 709,456 | $438.8M | Reduce -4.0% |
| GOOG Alphabet Inc. Class C | 2.23% | 2,410,540 | $403.0M | Add +34.2% |
| WAB Wabtec Corp. | 2.23% | 2,211,398 | $402.0M | Add +1.0% |
| INTU Intuit Inc. | 2.17% | 630,697 | $391.7M | Add +0.3% |
| CBRE CBRE Group Inc. Class A | 2.05% | 2,970,400 | $369.8M | Reduce -21.3% |
| ADI Analog Devices Inc. | 1.88% | 1,472,100 | $338.8M | Add +14.6% |
| LNTH Lantheus Holdings Inc. | 1.80% | 2,955,227 | $324.3M | Add +29.7% |
| SRPT Sarepta Therapeutics Inc. | 1.79% | 2,580,000 | $322.2M | Add +12.4% |
| ABNB Airbnb Inc. Class A | 1.67% | 2,371,200 | $300.7M | Add +39.4% |
| ANSS Ansys Inc. | 1.57% | 888,000 | $282.9M | Add +248.2% |
| NDAQ Nasdaq Inc. | 1.52% | 3,762,271 | $274.7M | Reduce -49.9% |
| NOW ServiceNow Inc. | 1.46% | 295,050 | $263.9M | Reduce -35.0% |
| PTGX Protagonist Therapeutics Inc. | 1.46% | 5,861,006 | $263.7M | Add +0.3% |
| AGIO Agios Pharmaceuticals Inc. | 1.39% | 5,660,866 | $251.5M | Add +0.1% |
| MA Mastercard Inc. Class A | 1.39% | 506,671 | $250.2M | Add +9.5% |
| SPGI S&P Global Inc. | 1.36% | 475,334 | $245.6M | Reduce -39.2% |
| SHW The Sherwin-Williams Co. | 1.18% | 555,950 | $212.2M | Reduce -14.2% |
| V Visa Inc. Class A | 1.15% | 752,010 | $206.8M | Reduce -8.5% |
| BEAM Beam Therapeutics Inc. | 1.11% | 8,208,123 | $201.1M | Add +3.7% |
| WWD Woodward Inc. | 1.10% | 1,154,000 | $197.9M | New |
| EDU New Oriental Educatio-SP ADR | 1.07% | 2,533,600 | $192.1M | Add +72.4% |
| SRCL Stericycle Inc. | 1.06% | 3,146,000 | $191.9M | Add +22.9% |
| YMM Full Truck Alliance -SPN ADR | 1.03% | 20,665,548 | $186.2M | Reduce -20.1% |
| SWN Southwestern Energy Co. | 1.02% | 25,993,099 | $184.8M | New |
| BHVN Biohaven Ltd. | 1.01% | 3,642,589 | $182.0M | Add +62.0% |
| MASI Masimo Corp. | 0.93% | 1,258,563 | $167.8M | Add +12.4% |
| HWM Howmet Aerospace Inc. | 0.84% | 1,514,339 | $151.8M | Reduce -40.4% |
| HCP Hashicorp Inc. Class A | 0.83% | 4,445,000 | $150.5M | Reduce -24.7% |
| AMED Amedisys Inc. | 0.80% | 1,500,000 | $144.8M | Add +14.6% |
| SQSP Squarespace Inc. Class A | 0.74% | 2,891,632 | $134.3M | New |
| THC Tenet Healthcare Corp. | 0.64% | 692,442 | $115.1M | Add +0.7% |
| LBPH Longboard Pharmaceuticals Inc. | 0.58% | 3,150,857 | $105.0M | Add +7.2% |
| DFS Discover Financial Services | 0.56% | 725,000 | $101.7M | Add +353.1% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.52% | 4,740,833 | $94.4M | No change |
| X United States Steel Corp. | 0.47% | 2,405,000 | $85.0M | Add +40.6% |
| ICLR Icon PLC | 0.35% | 220,800 | $63.4M | Add +23.9% |
| CRNX Crinetics Pharmaceuticals Inc. | 0.33% | 1,162,000 | $59.4M | Add +133.8% |
| CHX Championx Corp. | 0.33% | 1,955,000 | $58.9M | Add +149.0% |
| COR Cencora Inc. | 0.29% | 235,200 | $52.9M | Reduce -3.1% |
| IBIT iShares Bitcoin Trust ETF | 0.29% | 1,440,000 | $52.0M | New |
| LBRDK Liberty Broadband-C | 0.28% | 660,000 | $51.0M | New |
| JNPR Juniper Networks Inc. | 0.28% | 1,285,000 | $50.1M | New |
| HR Healthcare Realty Trust Inc. | 0.26% | 2,603,000 | $47.2M | New |
| CNC Centene Corp. | 0.26% | 614,917 | $46.3M | Reduce -71.6% |
| EDR Endeavor Group Hold Class A | 0.25% | 1,605,000 | $45.8M | New |
| CNTA Centessa Pharmaceuticals Ltd. | 0.25% | 2,814,318 | $45.0M | Add +41.0% |
| BBIO Bridgebio Pharma Inc. | 0.25% | 1,747,000 | $44.5M | New |
| AXONICS INC | 0.20% | 517,000 | $36.0M | Add +39.7% |
| LQDA Liquidia Corp. | 0.18% | 3,290,956 | $32.9M | Add +60.1% |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 0.17% | 1,531,133 | $31.2M | Add +24.9% |
| SIMO Silicon Motion Technol-ADR | 0.17% | 514,000 | $31.2M | Reduce -9.4% |
| ENTA Enanta Pharmaceuticals Inc. | 0.12% | 2,108,262 | $21.8M | Add +0.6% |
| MTTR Matterport Inc. | 0.11% | 4,355,096 | $19.6M | New |
| SVRA Savara Inc. | 0.11% | 4,560,000 | $19.3M | No change |
| EVH Evolent Health Inc. Class A | 0.10% | 639,000 | $18.1M | New |
| ZYME Zymeworks Inc. | 0.09% | 1,361,000 | $17.1M | Reduce -15.0% |
| TAL Tal Education Group- ADR | 0.09% | 1,365,000 | $16.2M | No change |
| TECX Tectonic Therapeutic Inc. | 0.09% | 520,397 | $15.8M | Add +20.7% |
| PGNY Progyny Inc. | 0.09% | 931,307 | $15.6M | Reduce -28.8% |
| TWST Twist Bioscience Corp. | 0.09% | 340,650 | $15.4M | Add +77.4% |
| DYN Dyne Therapeutics Inc. | 0.09% | 428,000 | $15.4M | Add +7033.3% |
| NUVL Nuvalent Inc. Class A | 0.09% | 150,000 | $15.3M | New |
| AMGN Amgen Inc. | 0.08% | 47,000 | $15.1M | Reduce -79.7% |
| VYGR Voyager Therapeutics Inc. | 0.07% | 2,292,000 | $13.4M | No change |
| FLUT Flutter Entertainment PLC-Di | 0.07% | 53,270 | $12.6M | Reduce -73.5% |
| BDSX Biodesix Inc. | 0.05% | 4,636,791 | $8.3M | Add +146.9% |
| LTM Latam Airlines Group SA-ADR | 0.04% | 300,377 | $7.9M | New |
| VTYX Ventyx Biosciences Inc. | 0.04% | 3,170,000 | $6.9M | No change |
| TMDX Transmedics Group Inc. | 0.04% | 44,000 | $6.9M | Add +2100.0% |
| BBOT Bridgebio Oncology Therapeut filed as HELIX ACQUISITION CORP II | 0.03% | 600,000 | $6.3M | No change |
| ANAB Anaptysbio Inc. | 0.03% | 183,876 | $6.2M | New |
| MAC COPPER LTD filed as METALS ACQUISITION LIMITED | 0.03% | 410,197 | $5.7M | No change |
| CYTK Cytokinetics Inc. | 0.03% | 102,400 | $5.4M | No change |
| AMLX Amylyx Pharmaceuticals Inc. | 0.02% | 1,150,221 | $3.7M | No change |
| IVCP Swiftmerge Acquisition Cor-A | 0.02% | 300,000 | $3.3M | No change |
| PCVX Vaxcyte Inc. | 0.02% | 28,000 | $3.2M | Reduce -90.3% |
| PRME Prime Medicine Inc. | 0.02% | 750,000 | $2.9M | No change |
| VNET Vnet Group Inc.-ADR | 0.01% | 650,000 | $2.7M | No change |
| ALVO Alvotech SA | 0.01% | 199,675 | $2.4M | New |
| MGX Metagenomi Therapeutics Inc. | 0.01% | 1,057,201 | $2.3M | Reduce -21.3% |
| BRKR Bruker Corp. | 0.01% | 32,000 | $2.2M | New |
| ELEV Elevation Oncology Inc. | 0.01% | 3,527,482 | $2.1M | Reduce -2.0% |
| SMC Summit Midstream Corp. | 0.01% | 58,214 | $2.0M | No change |
| GATE Marblegate Acquisition Cor-A | 0.01% | 150,000 | $1.7M | No change |
| MDGL Madrigal Pharmaceuticals Inc. | 0.00% | 3,319 | $704K | No change |
| TVRD Cara Therapeutics Inc. | 0.00% | 1,556,251 | $479K | No change |
| ROIV Roivant Sciences Ltd. | 0.00% | 37,000 | $427K | Reduce -94.5% |
| HCA HCA Healthcare Inc. | 0.00% | 1,000 | $406K | No change |
| FBRX Forte Biosciences Inc. | 0.00% | 72,413 | $406K | No change |
| BPMC Blueprint Medicines Corp. | 0.00% | 4,000 | $370K | No change |
| KRYS Krystal Biotech Inc. | 0.00% | 2,000 | $364K | No change |
| AXSM Axsome Therapeutics Inc. | 0.00% | 4,000 | $359K | No change |
| UTHR United Therapeutics Corp. | 0.00% | 1,000 | $358K | Reduce -99.3% |
| IMVT Immunovant Inc. | 0.00% | 12,000 | $342K | No change |
| GKOS Glaukos Corp. | 0.00% | 2,600 | $339K | No change |
| ACLX Arcellx Inc. | 0.00% | 4,000 | $334K | No change |
| BTSG Brightspring Health Services | 0.00% | 22,000 | $323K | No change |
| SAGE Sage Therapeutics Inc. | 0.00% | 42,800 | $309K | No change |
| MMSI Merit Medical Systems Inc. | 0.00% | 3,000 | $296K | No change |
| EHC Encompass Health Corp. | 0.00% | 3,000 | $290K | No change |
| SBRA Sabra Health Care REIT Inc. | 0.00% | 14,000 | $261K | No change |
| GMED Globus Medical Inc. Class A | 0.00% | 3,600 | $258K | No change |
| ICUI Icu Medical Inc. | 0.00% | 1,400 | $255K | New |
| GRFS Grifols SA-ADR | 0.00% | 28,000 | $249K | No change |
| ONC Beone Medicines Ltd.-ADR filed as BEIGENE LTD | 0.00% | 1,100 | $247K | New |
| IOVA Iovance Biotherapeutics Inc. | 0.00% | 26,000 | $244K | No change |
| ARQT Arcutis Biotherapeutics Inc. | 0.00% | 26,000 | $242K | No change |
| CHE Chemed Corp. | 0.00% | 400 | $240K | No change |
| HIMS Hims & Hers Health Inc. | 0.00% | 13,000 | $239K | Add +30.0% |
| ELAN Elanco Animal Health Inc. | 0.00% | 16,000 | $235K | New |
| OSCR Oscar Health Inc. Class A | 0.00% | 11,000 | $233K | No change |
| RNAM Avidity Biosciences Inc. | 0.00% | 5,000 | $230K | No change |
| PACB Pacific Biosciences of Calif | 0.00% | 135,000 | $230K | No change |
| HQY Healthequity Inc. | 0.00% | 2,800 | $229K | No change |
| RCM R1 RCM Inc. | 0.00% | 16,000 | $227K | No change |
| RARE Ultragenyx Pharmaceutical Inc. | 0.00% | 4,000 | $222K | Reduce -96.0% |
| INSM Insmed Inc. | 0.00% | 3,000 | $219K | Reduce -99.5% |
| ASND Ascendis Pharma A/S | 0.00% | 1,400 | $209K | New |
| NVAX Novavax Inc. | 0.00% | 16,000 | $202K | Reduce -95.8% |
| GERN Geron Corp. | 0.00% | 43,000 | $195K | Reduce -99.7% |
| SNDX Syndax Pharmaceuticals Inc. | 0.00% | 10,000 | $193K | No change |
| COGT Cogent Biosciences Inc. | 0.00% | 17,000 | $184K | Reduce -96.0% |
| FOLD Amicus Therapeutics Inc. | 0.00% | 16,000 | $171K | No change |
| ALT Altimmune Inc. | 0.00% | 27,600 | $169K | No change |
| CCCC C4 Therapeutics Inc. | 0.00% | 28,000 | $160K | No change |
| ARDX Ardelyx Inc. | 0.00% | 23,000 | $158K | No change |
| CGC Canopy Growth Corp. | 0.00% | 30,000 | $145K | No change |
| BYND Beyond Meat Inc. | 0.00% | 19,000 | $129K | No change |
| IRWD Ironwood Pharmaceuticals Inc. | 0.00% | 13,000 | $54K | No change |
| LU Lufax Holding Ltd.-ADR | 0.00% | 15,000 | $52K | No change |
Options reported separately and not counted above: SPY puts ($3.0B), RSP puts ($788.3M), IBB puts ($291.2M), MRNA puts ($233.9M), IWM puts ($220.9M).
Other holdings (15): bonds, preferreds, convertibles and warrants · $175.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SUNRUN INC (RUN 0 02/01/26) | NOTE 2/0 · principal | 103,223,000 | $93.6M | Reduce -20.1% |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 75,000,000 | $80.3M | No change |
| GRND.WS Grindr Inc. -26 | *W EXP 11/18/202 | 540,000 | $1.6M | No change |
| SEDA.WS SDCL Edge Acq Class A -CW28 | *W EXP 99/99/999 | 866,250 | $87K | No change |
| IVCPW Swiftmerge Acquisition -CW23 | *W EXP 12/13/202 | 990,000 | $72K | No change |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | 405,316 | $49K | No change |
| GATEW Marblegate Acquisition -CW22 | *W EXP 08/31/202 | 1,485,000 | $48K | No change |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 175,000 | $28K | No change |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 120,085 | $17K | No change |
| PERCEPTION CAPITAL CORP IV | *W EXP 99/99/999 | 300,000 | $15K | No change |
| GHIXW Gores Holding Ix -CW24 | *W EXP 01/14/202 | 166,664 | $15K | No change |
| NVNWF Nvni Group Ltd.-28 | *W EXP 11/01/202 | 375,000 | $8K | No change |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | 200,000 | $7K | No change |
| BCSAW Blockchain Coinvestors Acqui | *W EXP 11/01/202 | 150,000 | $3K | No change |
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | 22,675 | $2K | No change |
Total filed on the 13F, all lines: $18.2B.
Portfolio Sells Q2 2024 → Q3 2024
| CRM Salesforce Inc. | Reduce -30.6% | 3.10% | −1.46 |
| UNH Unitedhealth Group Inc. | Reduce -32.1% | 3.56% | −1.41 |
| NDAQ Nasdaq Inc. | Reduce -49.9% | 1.52% | −1.20 |
| HES Hess Corp. | Reduce -4.9% | 4.85% | −1.18 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −1.13 |
| ARMK Aramark | Reduce -31.3% | 2.50% | −0.97 |
| SPGI S&P Global Inc. | Reduce -39.2% | 1.36% | −0.74 |
| NOW ServiceNow Inc. | Reduce -35.0% | 1.46% | −0.69 |
| CNC Centene Corp. | Reduce -71.6% | 0.26% | −0.61 |
| GERN Geron Corp. | Reduce -99.7% | 0.00% | −0.43 |
| HCP Hashicorp Inc. Class A | Reduce -24.7% | 0.83% | −0.36 |
| NYT New York Times Co. Class A | Reduce -11.8% | 2.70% | −0.36 |
| AMGN Amgen Inc. | Reduce -79.7% | 0.08% | −0.35 |
| HWM Howmet Aerospace Inc. | Reduce -40.4% | 0.84% | −0.35 |
| CERE Cerevel Therapeutics Holding | Sold out | 0.00% | −0.29 |
| UTHR United Therapeutics Corp. | Reduce -99.3% | 0.00% | −0.27 |
| INSM Insmed Inc. | Reduce -99.5% | 0.00% | −0.23 |
| YMM Full Truck Alliance -SPN ADR | Reduce -20.1% | 1.03% | −0.22 |
| CRSP Crispr Therapeutics AG | Sold out | 0.00% | −0.17 |
| V Visa Inc. Class A | Reduce -8.5% | 1.15% | −0.15 |
| FLUT Flutter Entertainment PLC-Di | Reduce -73.5% | 0.07% | −0.15 |
| PGNY Progyny Inc. | Reduce -28.8% | 0.09% | −0.14 |
| PCVX Vaxcyte Inc. | Reduce -90.3% | 0.02% | −0.11 |
| SIMO Silicon Motion Technol-ADR | Reduce -9.4% | 0.17% | −0.10 |
| SYRE Spyre Therapeutics Inc. | Sold out | 0.00% | −0.09 |
| PCG P G & E Corp. | Sold out | 0.00% | −0.07 |
| RIO Rio Tinto PLC-Spon ADR | Sold out | 0.00% | −0.05 |
| ELEV Elevation Oncology Inc. | Reduce -2.0% | 0.01% | −0.05 |
| AON Aon PLC Class A | Reduce -9.0% | 3.27% | −0.05 |
| ROIV Roivant Sciences Ltd. | Reduce -94.5% | 0.00% | −0.04 |
| COR Cencora Inc. | Reduce -3.1% | 0.29% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -4.0% | 2.43% | −0.03 |
| NVAX Novavax Inc. | Reduce -95.8% | 0.00% | −0.03 |
| RARE Ultragenyx Pharmaceutical Inc. | Reduce -96.0% | 0.00% | −0.02 |
| COGT Cogent Biosciences Inc. | Reduce -96.0% | 0.00% | −0.02 |
| MGX Metagenomi Therapeutics Inc. | Reduce -21.3% | 0.01% | −0.02 |
| BACA Berenson Acquisition Co. Class A | Sold out | 0.00% | −0.02 |
| EXEL Exelixis Inc. | Reduce -6.2% | 3.66% | −0.01 |
| ARYD Arya Sciences Acquisition-A | Sold out | 0.00% | −0.01 |
| NRIX Nurix Therapeutics Inc. | Sold out | 0.00% | −0.01 |
| QTRX Quanterix Corp. | Sold out | 0.00% | −0.01 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.00 |
| APLS Apellis Pharmaceuticals Inc. | Sold out | 0.00% | −0.00 |
| HUM Humana Inc. | Sold out | 0.00% | −0.00 |
| IONS Ionis Pharmaceuticals Inc. | Sold out | 0.00% | −0.00 |
| MRUS Merus NV | Sold out | 0.00% | −0.00 |
| SHW The Sherwin-Williams Co. | Reduce -14.2% | 1.18% | +0.01 |
| ZYME Zymeworks Inc. | Reduce -15.0% | 0.09% | +0.01 |
| CBRE CBRE Group Inc. Class A | Reduce -21.3% | 2.05% | +0.02 |
| TRU Transunion | Reduce -9.3% | 3.18% | +0.48 |
Portfolio Buys Q2 2024 → Q3 2024
| WWD Woodward Inc. | New | 1.10% | +1.10 |
| ANSS Ansys Inc. | Add +248.2% | 1.57% | +1.07 |
| SWN Southwestern Energy Co. | New | 1.02% | +1.02 |
| DIS The Walt Disney Co. | Add +62.7% | 3.11% | +0.97 |
| SQSP Squarespace Inc. Class A | New | 0.74% | +0.74 |
| LNTH Lantheus Holdings Inc. | Add +29.7% | 1.80% | +0.70 |
| BSX Boston Scientific Corp. | Add +32.0% | 2.52% | +0.61 |
| RVMD Revolution Medicines Inc. | Add +16.0% | 2.85% | +0.56 |
| BHVN Biohaven Ltd. | Add +62.0% | 1.01% | +0.54 |
| IQV Iqvia Holdings Inc. | Add +8.5% | 4.17% | +0.44 |
| DFS Discover Financial Services | Add +353.1% | 0.56% | +0.44 |
| EDU New Oriental Educatio-SP ADR | Add +72.4% | 1.07% | +0.38 |
| NTRA Natera Inc. | Add +2.2% | 3.21% | +0.30 |
| IBIT iShares Bitcoin Trust ETF | New | 0.29% | +0.29 |
| LBRDK Liberty Broadband-C | New | 0.28% | +0.28 |
| JNPR Juniper Networks Inc. | New | 0.28% | +0.28 |
| HR Healthcare Realty Trust Inc. | New | 0.26% | +0.26 |
| MSFT Microsoft Corp. | Add +21.9% | 3.50% | +0.26 |
| EDR Endeavor Group Hold Class A | New | 0.25% | +0.25 |
| GOOG Alphabet Inc. Class C | Add +34.2% | 2.23% | +0.25 |
| BBIO Bridgebio Pharma Inc. | New | 0.25% | +0.25 |
| CTLT Catalent Inc. | Add +10.4% | 2.82% | +0.24 |
| PTGX Protagonist Therapeutics Inc. | Add +0.3% | 1.46% | +0.24 |
| CRNX Crinetics Pharmaceuticals Inc. | Add +133.8% | 0.33% | +0.20 |
| CHX Championx Corp. | Add +149.0% | 0.33% | +0.17 |
| SRCL Stericycle Inc. | Add +22.9% | 1.06% | +0.17 |
| MA Mastercard Inc. Class A | Add +9.5% | 1.39% | +0.16 |
| WAB Wabtec Corp. | Add +1.0% | 2.23% | +0.14 |
| CNTA Centessa Pharmaceuticals Ltd. | Add +41.0% | 0.25% | +0.14 |
| ABNB Airbnb Inc. Class A | Add +39.4% | 1.67% | +0.11 |
| ADI Analog Devices Inc. | Add +14.6% | 1.88% | +0.11 |
| MTTR Matterport Inc. | New | 0.11% | +0.11 |
| GDS GDS Holdings Ltd. - ADR | Add +24.9% | 0.17% | +0.10 |
| LBPH Longboard Pharmaceuticals Inc. | Add +7.2% | 0.58% | +0.10 |
| EVH Evolent Health Inc. Class A | New | 0.10% | +0.10 |
| THC Tenet Healthcare Corp. | Add +0.7% | 0.64% | +0.09 |
| NUVL Nuvalent Inc. Class A | New | 0.09% | +0.09 |
| DYN Dyne Therapeutics Inc. | Add +7033.3% | 0.09% | +0.08 |
| X United States Steel Corp. | Add +40.6% | 0.47% | +0.08 |
| MASI Masimo Corp. | Add +12.4% | 0.93% | +0.08 |
| AMED Amedisys Inc. | Add +14.6% | 0.80% | +0.08 |
| AXONICS INC | Add +39.7% | 0.20% | +0.05 |
| TECX Tectonic Therapeutic Inc. | Add +20.7% | 0.09% | +0.04 |
| LTM Latam Airlines Group SA-ADR | New | 0.04% | +0.04 |
| TMDX Transmedics Group Inc. | Add +2100.0% | 0.04% | +0.04 |
| ANAB Anaptysbio Inc. | New | 0.03% | +0.03 |
| LQDA Liquidia Corp. | Add +60.1% | 0.18% | +0.03 |
| BDSX Biodesix Inc. | Add +146.9% | 0.05% | +0.03 |
| TWST Twist Bioscience Corp. | Add +77.4% | 0.09% | +0.03 |
| ICLR Icon PLC | Add +23.9% | 0.35% | +0.02 |
Options Activity Q2 2024 → Q3 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -40.3% | 5,312,500 | $3.0B |
| RSP Invesco S&P 500 Equal Weight | put | New | 4,400,000 | $788.3M |
| IBB iShares Biotechnology ETF | put | Reduce -42.9% | 2,000,000 | $291.2M |
| MRNA Moderna Inc. | put | Add +169.2% | 3,500,000 | $233.9M |
| IWM iShares Russell 2000 ETF | put | Reduce -76.5% | 1,000,000 | $220.9M |
| SRPT Sarepta Therapeutics Inc. | call | Sold out | 133,300 | $21.1Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| IQIYI INC (IQ 4 12/15/26) | NOTE 4.000%12/1 · principal | Sold out | 163,100,000 | $162.1Mbefore exit |
| SUNRUN INC (RUN 0 02/01/26) | NOTE 2/0 · principal | Reduce -20.1% | 103,223,000 | $93.6M |
| LUNRW Intuitive Machines Inc.-CW | *W EXP 99/99/999 | Sold out | 440,965 | $299Kbefore exit |
| CVIIW Churchill Capital Vii -CW28 | *W EXP 02/29/202 | Sold out | 200,000 | $70Kbefore exit |
| KCGI.WS Kensington Capital Acq -CW23 | *W EXP 99/99/999 | Sold out | 581,400 | $15Kbefore exit |
| SEPAW Sep Acquisition Corp. -CW23 | *W EXP 99/99/999 | Sold out | 866,250 | $6Kbefore exit |
| SLMWF Slam Corp.-A -CW27 | *W EXP 99/99/999 | Sold out | 17,627 | $4Kbefore exit |
| NUVWQ Holdco Nuvo Group DG Ltd. | *W EXP 05/01/202 | Sold out | 200,000 | $4Kbefore exit |
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 | 77 | $16.9B | RVMD, EA, BBIO, PTGX, EXEL |
| Q1 2026Amended | 163 | $16.8B | EA, RVMD, AMZN, MSFT, AON |
| Q4 2025Amended | 143 | $19.2B | RVMD, MSFT, AMZN, EA, AON |
| Q3 2025Amended | 134 | $17.7B | MSFT, AON, EXEL, AMZN, NTRA |
| Q2 2025Amended | 138 | $21.9B | SPY, MSFT, NTRA, HES, AON |
| Q1 2025Amended | 139 | $18.5B | HES, MSFT, EXEL, DFS, UNH |
| Q4 2024Amended | 138 | $18.9B | HES, EXEL, UNH, DFS, NTRA |
| Q3 2024Amended | 145 | $18.0B | HES, IQV, EXEL, UNH, MSFT |
| Q2 2024Amended | 140 | $16.6B | HES, UNH, CRM, IQV, EXEL |
| Q1 2024Amended | 144 | $16.6B | HES, PXD, UNH, IQV, EXEL |