In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Governors Lane LP reported 34 stock positions worth $628.7 million . Its top holding was Ansys (ANSS) at 11.0% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 9.8% ) and KKR (KKR, 5.9% ). Compared with Q1 2024, it opened 14 new positions, sold out of 14, added to 11 and reduced 8. The biggest buy was a new position in Hess (HES) and the biggest sale an exit from RTX (RTX).
Location NEW YORK, NY
CIK 0001644187
Portfolio Value $628.7M (Q2 2024) Holdings 34 stocks · $628.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 ANSS Ansys Inc. 214,800 $69.1M Add +32.8% TSM Taiwan Semiconductor-SP ADR 353,053 $61.4M Add +8.7% KKR KKR & Co. Inc. 353,700 $37.2M Reduce -2.4% VTR Ventas Inc. 698,390 $35.8M Reduce -1.3% WDAY Workday Inc. Class A 149,805 $33.5M Add +1.4% AMZN Amazon.com Inc. 165,700 $32.0M Add +87.9% HES Hess Corp. 191,500 $28.3M New ICE Intercontinental Exchange Inc. 198,300 $27.1M Add +37.5% DFS Discover Financial Services 159,200 $20.8M Reduce -2.6% MRO Marathon Oil Corp. 714,700 $20.5M New JLL Jones Lang Lasalle Inc. 99,695 $20.5M Add +20.1% ALE Allete Inc. 322,200 $20.1M New PLD Prologis Inc. 162,200 $18.2M New CTLT Catalent Inc. 315,600 $17.7M New IBKR Interactive Brokers Gro Class A 139,431 $17.1M Reduce -0.6% EMR Emerson Electric Co. 149,610 $16.5M Add +64.2% ADSK Autodesk Inc. 66,100 $16.4M New EDR Endeavor Group Hold Class A 570,100 $15.4M New HUBS HubSpot Inc. 25,900 $15.3M New SHEL Shell PLC-ADR 207,000 $14.9M New ASML ASML Holding NV-NY Reg SHS 12,460 $12.7M New UNH Unitedhealth Group Inc. 25,000 $12.7M Add +25.0% AMD Advanced Micro Devices 63,175 $10.2M Add +127.3% WAL Western Alliance Bancorp 131,900 $8.3M Add +59.1% CERE Cerevel Therapeutics Holding 192,700 $7.9M New SIX Six Flags Entertainment Corp. 228,224 $7.6M Reduce -64.7% PTC PTC Inc. 33,571 $6.1M No change BKNG Booking Holdings Inc. 1,400 $5.5M Reduce -75.5% CPT Camden Property Trust 47,400 $5.2M Reduce -54.2% ONON On Holding AG Class A filed as ON HLDG AG 128,000 $5.0M New HUM Humana Inc. 12,600 $4.7M Add +173.9% VSXY Victoria's Secret & Co. 142,600 $2.5M New SAM Boston Beer Company Inc. Class A 8,100 $2.5M New CALIDI BIOTHERAPEUTICS INC 47,349 $9K Reduce -50.0%
Options reported separately and not counted above: AAPL calls ($210.6M), CTVA calls ($44.9M), VTR calls ($39.2M), IBKR calls ($37.7M), WDAY calls ($37.4M), PCAR puts ($31.7M), BA calls ($29.6M), X calls ($28.4M), EMR calls ($24.8M), BXP calls ($21.5M), SIX calls ($20.9M), AMD calls ($10.7M), and 3 more.
Other holdings (3): bonds, preferreds, convertibles and warrants · $15.1M (not counted above) Total filed on the 13F, all lines: $643.7M.
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ RTX RTX Corp. Sold out 0.00% −5.17 BALL Ball Corp. Sold out 0.00% −5.09 CRM Salesforce Inc. Sold out 0.00% −4.08 ATMU Atmus Filtration Technologie Sold out 0.00% −2.91 PXD Pioneer Natural Resources Co. Sold out 0.00% −2.68 X United States Steel Corp. Sold out 0.00% −2.57 BKNG Booking Holdings Inc. Reduce -75.5% 0.88% −2.49 HXL Hexcel Corp. Sold out 0.00% −2.35 CTVA Corteva Inc. Sold out 0.00% −2.35 PCG P G & E Corp. Sold out 0.00% −2.29 SPR Spirit Aerosystems Hold Class A Sold out 0.00% −2.18 ETRN Equitrans Midstream Corp. Sold out 0.00% −1.79 AGR Avangrid Inc. Sold out 0.00% −1.66 MSFT Microsoft Corp. Sold out 0.00% −1.66 SIX Six Flags Entertainment Corp. Reduce -64.7% 1.20% −1.56 CPT Camden Property Trust Reduce -54.2% 0.82% −0.83 HCP Hashicorp Inc. Class A Sold out 0.00% −0.83 DFS Discover Financial Services Reduce -2.6% 3.31% −0.17 KKR KKR & Co. Inc. Reduce -2.4% 5.92% −0.01 CALIDI BIOTHERAPEUTICS INC Reduce -50.0% 0.00% −0.01 IBKR Interactive Brokers Gro Class A Reduce -0.6% 2.72% +0.17 VTR Ventas Inc. Reduce -1.3% 5.69% +0.68
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ HES Hess Corp. New 4.49% +4.49 MRO Marathon Oil Corp. New 3.26% +3.26 ALE Allete Inc. New 3.20% +3.20 PLD Prologis Inc. New 2.90% +2.90 CTLT Catalent Inc. New 2.82% +2.82 ADSK Autodesk Inc. New 2.60% +2.60 TSM Taiwan Semiconductor-SP ADR Add +8.7% 9.76% +2.57 AMZN Amazon.com Inc. Add +87.9% 5.09% +2.50 EDR Endeavor Group Hold Class A New 2.45% +2.45 HUBS HubSpot Inc. New 2.43% +2.43 SHEL Shell PLC-ADR New 2.38% +2.38 ASML ASML Holding NV-NY Reg SHS New 2.03% +2.03 ANSS Ansys Inc. Add +32.8% 10.98% +1.85 CERE Cerevel Therapeutics Holding New 1.25% +1.25 ICE Intercontinental Exchange Inc. Add +37.5% 4.32% +1.09 EMR Emerson Electric Co. Add +64.2% 2.62% +0.94 AMD Advanced Micro Devices Add +127.3% 1.63% +0.81 ONON On Holding AG Class A New 0.79% +0.79 JLL Jones Lang Lasalle Inc. Add +20.1% 3.26% +0.62 HUM Humana Inc. Add +173.9% 0.75% +0.49 WAL Western Alliance Bancorp Add +59.1% 1.32% +0.45 UNH Unitedhealth Group Inc. Add +25.0% 2.03% +0.41 VSXY Victoria's Secret & Co. New 0.40% +0.40 SAM Boston Beer Company Inc. Class A New 0.39% +0.39 WDAY Workday Inc. Class A Add +1.4% 5.33% −1.23
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ AAPL Apple Inc. call Add +370.6% 1,000,000 $210.6M TLT iShares 20+ Year Treasury BD call Sold out 1,301,500 $123.1Mbefore exit CTVA Corteva Inc. call Add +7.1% 832,500 $44.9M RTX RTX Corp. call Sold out 452,000 $44.1Mbefore exit TSM Taiwan Semiconductor-SP ADR call Sold out 320,000 $43.5Mbefore exit VTR Ventas Inc. call Add +64.5% 765,000 $39.2M IBKR Interactive Brokers Gro Class A call Reduce -16.9% 307,500 $37.7M WDAY Workday Inc. Class A call New 167,500 $37.4M PCAR Paccar Inc. put New 307,500 $31.7M XBI SS SPDR S&P Biotech ETF call Sold out 315,000 $29.9Mbefore exit BA The Boeing Co. call New 162,500 $29.6M SHEL Shell PLC-ADR call Sold out 425,000 $28.5Mbefore exit EMR Emerson Electric Co. call Add +9.2% 225,000 $24.8M BXP BXP Inc. call New 350,000 $21.5M SIX Six Flags Entertainment Corp. call Add +582.5% 631,300 $20.9M KRE SS SPDR S&P Regional Bank call Sold out 360,000 $18.1Mbefore exit ATMU Atmus Filtration Technologie call Sold out 457,200 $14.7Mbefore exit GOOGL Alphabet Inc. Class A call Sold out 92,000 $13.9Mbefore exit AMD Advanced Micro Devices call Reduce -32.6% 66,000 $10.7M KKR KKR & Co. Inc. call Sold out 105,000 $10.6Mbefore exit SPR Spirit Aerosystems Hold Class A put New 297,000 $9.8M UMC United Microelectron-SP ADR put Sold out 810,000 $6.6Mbefore exit RXT Rackspace Technology Inc. put Reduce -37.4% 787,500 $2.3M Z Zillow Group Inc. Class C put Sold out 47,500 $2.3Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024 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 125 $992.8M NSC, TXNM, WBD, EA, SHW Q1 2026 110 $797.2M NSC, WBD, EA, JHG, TXNM Q4 2025 114 $1.1B WBD, NSC, TXNM, EA, TSM Q3 2025 94 $715.5M NSC, TXNM, VTR, BAC, TSM Q2 2025 84 $723.9M GMS, UBS, AMZN, KKR, JLL Q1 2025 39 $449.2M ITCI, HES, DFS, TSM, VTR Q4 2024 35 $649.7M DFS, AMZN, VTR, K, HES Q3 2024 33 $621.9M TSM, AMD, KKR, VTR, DFS Q2 2024 34 $628.7M ANSS, TSM, KKR, VTR, WDAY Q1 2024 34 $614.5M ANSS, TSM, WDAY, KKR, RTX