HBK Investments L P
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), HBK Investments L P reported 69 stock positions worth $4.6 billion. Its top holding was Hess (HES) at 20.8% of the portfolio, followed by Marathon Oil (MRO, 13.5%) and Kellanova (K, 11.6%). Compared with Q2 2024, it opened 31 new positions, sold out of 32, added to 21 and reduced 15. The biggest buy was a new position in Kellanova (K) and the biggest sale an exit from Westrock (WRK).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001011443
- Portfolio Value
- $4.6B (Q3 2024)
- SEC Filing
- 0001011443-24-000035 ↗ filed Nov 14, 2024
Holdings Value
Holdings 69 stocks · $4.6B
| HES Hess Corp. | 20.82% | 7,117,820 | $966.6M | Add +16.7% |
| MRO Marathon Oil Corp. | 13.55% | 23,627,030 | $629.2M | Add +108.5% |
| K Kellanova | 11.63% | 6,689,486 | $539.9M | New |
| SWN Southwestern Energy Co. | 6.29% | 41,103,725 | $292.2M | Add +1002.9% |
| SRCL Stericycle Inc. | 5.99% | 4,557,851 | $278.0M | Add +56.9% |
| SMAR Smartsheet Inc. Class A | 5.68% | 4,760,994 | $263.6M | New |
| EDR Endeavor Group Hold Class A | 5.23% | 8,501,300 | $242.8M | Reduce -34.5% |
| CTLT Catalent Inc. | 3.75% | 2,875,001 | $174.1M | Add +125.3% |
| AXONICS INC | 3.70% | 2,470,852 | $172.0M | Add +16.0% |
| HCP Hashicorp Inc. Class A | 3.02% | 4,138,573 | $140.1M | Add +159.8% |
| FBTC Fidelity Wise Origin Bitcoin | 2.93% | 2,451,020 | $136.1M | Add +13.2% |
| ENV Envestnet Inc. | 2.68% | 1,984,730 | $124.3M | New |
| PRFT Perficient Inc. | 2.44% | 1,502,694 | $113.4M | Add +66.8% |
| NVEI Nuvei Corp.-Subordinate VTG | 2.16% | 3,012,637 | $100.5M | Reduce -4.5% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.82% | 572,152 | $37.9M | Reduce -27.3% |
| NWSA News Corp. Class A | 0.64% | 1,110,000 | $29.6M | Add +34.3% |
| BITB Bitwise Bitcoin ETF | 0.63% | 850,554 | $29.4M | Add +5.7% |
| UBER Uber Technologies Inc. | 0.62% | 380,625 | $28.6M | Add +79.2% |
| CHX Championx Corp. | 0.57% | 882,600 | $26.6M | New |
| ARKB ARK 21SHARES Bitcoin ETF | 0.54% | 396,608 | $25.2M | Add +19.8% |
| PWSC Powerschool Holdings Inc. Class A | 0.54% | 1,100,000 | $25.1M | Reduce -55.7% |
| SIRI Sirius XM Holdings Inc. | 0.44% | 869,971 | $20.6M | New |
| BATRK Atlanta Braves Holdings in-C | 0.41% | 480,000 | $19.1M | Add +57.0% |
| FUN Six Flags Entertainment Corp. | 0.36% | 420,000 | $16.9M | New |
| QDEL Quidelortho Corp. | 0.32% | 329,645 | $15.0M | Add +52.3% |
| BABA Alibaba Group Holding-SP ADR | 0.29% | 125,961 | $13.4M | New |
| SOLV Solventum Corp. | 0.28% | 183,917 | $12.8M | New |
| PGRE Paramount Group Inc. | 0.25% | 2,396,622 | $11.8M | Reduce -15.0% |
| GRAYSCALE ETHEREUM MINI TR E | 0.24% | 4,610,104 | $11.2M | New |
| BROS Dutch Bros Inc. Class A | 0.24% | 350,000 | $11.2M | Reduce -30.0% |
| BTSG Brightspring Health Services | 0.24% | 750,000 | $11.0M | Add +7.1% |
| NEE Nextera Energy Inc. | 0.22% | 123,088 | $10.4M | Add +21.5% |
| LLYVA Liberty Media Corp.-Liberty-A | 0.19% | 181,356 | $9.0M | New |
| FTRE Fortrea Holdings Inc. | 0.19% | 443,875 | $8.9M | Reduce -14.4% |
| FETH Fidelity Ethereum Fund | 0.18% | 326,625 | $8.5M | New |
| GTES Gates Industrial Corp. UK Ltd. | 0.17% | 450,000 | $7.9M | Reduce -25.0% |
| ETHW Bitwise Ethereum ETF | 0.15% | 378,228 | $7.0M | New |
| ACHR Archer Aviation Inc. Class A | 0.15% | 2,250,000 | $6.8M | New |
| GPN Global Payments Inc. | 0.13% | 60,475 | $6.2M | Add +62.8% |
| MTH Meritage Homes Corp. | 0.12% | 26,286 | $5.4M | Add +18.4% |
| RCM R1 RCM Inc. | 0.11% | 370,300 | $5.2M | New |
| PARAA Paramount Global Class B | 0.11% | 480,001 | $5.1M | New |
| OS Onestream Inc. | 0.09% | 125,000 | $4.2M | New |
| PACS Pacs Group Inc. | 0.09% | 100,000 | $4.0M | Reduce -33.3% |
| LLYVK Liberty Media Corp.-Liberty-C | 0.08% | 76,271 | $3.9M | New |
| UMBF Umb Financial Corp. | 0.08% | 35,316 | $3.7M | New |
| IBTA Ibotta Inc. Class A | 0.08% | 60,000 | $3.7M | No change |
| JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP | 0.07% | 31,343 | $3.1M | Add +638.5% |
| BKV BKV Corporation | 0.06% | 149,233 | $2.7M | New |
| BTX BlackRock Tech & Priv Eqty | 0.06% | 338,752 | $2.6M | Reduce -13.2% |
| IONS Ionis Pharmaceuticals Inc. | 0.05% | 60,000 | $2.4M | New |
| BMEZ BlackRock HLTH Sci TRM TR II | 0.04% | 115,256 | $1.8M | Reduce -20.3% |
| ETHV Vaneck Ethereum ETF | 0.03% | 34,310 | $1.3M | New |
| RITM Rithm Capital Corp. | 0.02% | 100,000 | $1.1M | New |
| BSTZ BlackRock Sci & Tech TRM TR | 0.02% | 59,055 | $1.1M | Reduce -11.4% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.02% | 6,580 | $1.1M | New |
| HLF Herbalife Ltd. | 0.02% | 137,724 | $990K | New |
| HTLF Heartland Financial USA Inc. | 0.02% | 16,484 | $935K | New |
| ACI Albertsons Cos Inc. Class A | 0.02% | 50,100 | $926K | New |
| PTON Peloton Interactive Inc. Class A | 0.02% | 186,303 | $872K | Add +15.5% |
| RIVN Rivian Automotive Inc. Class A | 0.02% | 66,840 | $750K | New |
| PLTR Palantir Technologies Inc. Class A | 0.02% | 20,000 | $744K | New |
| IP International Paper Co. | 0.02% | 15,025 | $734K | New |
| FANG Diamondback Energy Inc. | 0.01% | 3,000 | $517K | New |
| CWST Casella Waste Systems Inc. Class A | 0.01% | 5,000 | $497K | New |
| ECAT BlackRock ESG Cap All TRM TR | 0.01% | 26,360 | $468K | Reduce -29.1% |
| WELL Welltower Inc. | 0.01% | 2,824 | $362K | Reduce -98.8% |
| MHN BlackRock Muniholding NY QLT | 0.00% | 12,382 | $138K | Reduce -49.2% |
| RKLB Rocket Lab USA Inc. | 0.00% | 10,000 | $97K | No change |
Options reported separately and not counted above: SPY calls ($1.4B), SPY puts ($1.2B), IWM puts ($247.7M), IWM calls ($110.4M), TSM puts ($64.2M), JETS puts ($57.9M), DASH puts ($43.0M), TCOM puts ($40.8M), CNK puts ($39.6M), CVX calls ($36.8M), GLD puts ($35.1M), AGNC puts ($29.6M), and 57 more.
Other holdings (33): bonds, preferreds, convertibles and warrants · $799.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 33,630,000 | $67.4M | Add +17.1% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 40,914,000 | $60.2M | Reduce -3.0% |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 58,122,000 | $57.1M | Add +14.2% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 57,990,000 | $56.9M | Reduce -1.7% |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | 50,352,000 | $53.8M | New |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 25,645,000 | $53.5M | Add +3.9% |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 48,058,000 | $50.4M | Add +20.2% |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 38,730,000 | $38.7M | New |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 38,382,000 | $38.2M | Add +4.1% |
| ATLANTICA JERSEY LTD (AY 4 07/15/25) | NOTE 4.000% 7/1 · principal | 35,780,000 | $35.4M | Add +145.9% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 23,025,000 | $33.8M | Add +76.8% |
| HCI GROUP INC (HCI 4.75 06/01/42) | NOTE 4.750% 6/0 · principal | 20,780,000 | $30.0M | Add +13.7% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 29,160,000 | $23.9M | Reduce -5.2% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 24,000,000 | $22.4M | Reduce -2.4% |
| GLAUKOS CORP (GKOS 2.75 06/15/27) | NOTE 2.750% 6/1 · principal | 9,206,000 | $21.7M | Add +3751.9% |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 23,300,000 | $20.3M | New |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 18,500,000 | $19.8M | Add +72.5% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 19,500,000 | $18.0M | Add +30.0% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 14,640,000 | $13.6M | New |
| ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) | NOTE 4.000% 3/1 · principal | 13,115,000 | $13.2M | Add +4.9% |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | 10,000,000 | $10.4M | New |
| RWT HOLDINGS INC (RWT 5.75 10/01/25) | NOTE 5.750%10/0 · principal | 9,056,000 | $9.0M | No change |
| GUESS INC (GES 3.75 04/15/28) | NOTE 3.750% 4/1 · principal | 7,500,000 | $8.3M | No change |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 10,000,000 | $7.7M | New |
| ENVESTNET INC (ENV 0.75 08/15/25) | 0.75 8/15/2025 · principal | 7,000,000 | $6.9M | New |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | 5,900,000 | $6.7M | Reduce -73.8% |
| SNAP INC (SNAP 0.25 05/01/25) | NOTE 0.250% 5/0 · principal | 6,232,000 | $6.1M | No change |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 5,000,000 | $4.9M | No change |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 49,000 | $3.0M | New |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 2,500,000 | $2.5M | New |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 2,500,000 | $2.5M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 1,500,000 | $1.7M | No change |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 2,102,000 | $1.6M | New |
Total filed on the 13F, all lines: $5.4B.
Portfolio Sells Q2 2024 → Q3 2024
| WRK Westrock Co. | Sold out | 0.00% | −13.12 |
| ETRN Equitrans Midstream Corp. | Sold out | 0.00% | −5.29 |
| EDR Endeavor Group Hold Class A | Reduce -34.5% | 5.23% | −4.59 |
| EVBG Everbridge Inc. | Sold out | 0.00% | −2.02 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −1.75 |
| CERE Cerevel Therapeutics Holding | Sold out | 0.00% | −1.19 |
| PWSC Powerschool Holdings Inc. Class A | Reduce -55.7% | 0.54% | −1.02 |
| LSXMK Liberty Media Corp.-Liber-New | Sold out | 0.00% | −0.74 |
| NVEI Nuvei Corp.-Subordinate VTG | Reduce -4.5% | 2.16% | −0.70 |
| WELL Welltower Inc. | Reduce -98.8% | 0.01% | −0.65 |
| BUD Anheuser-Busch Inbev-SPN ADR | Reduce -27.3% | 0.82% | −0.46 |
| BROS Dutch Bros Inc. Class A | Reduce -30.0% | 0.24% | −0.34 |
| SQSP Squarespace Inc. Class A | Sold out | 0.00% | −0.29 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.23 |
| SIRI Sirius XM Holdings Inc. | Sold out | 0.00% | −0.19 |
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −0.17 |
| PI Impinj Inc. | Sold out | 0.00% | −0.15 |
| FTRE Fortrea Holdings Inc. | Reduce -14.4% | 0.19% | −0.15 |
| PGRE Paramount Group Inc. | Reduce -15.0% | 0.25% | −0.11 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.10 |
| GTES Gates Industrial Corp. UK Ltd. | Reduce -25.0% | 0.17% | −0.10 |
| SBOW Silverbow Resources Inc. | Sold out | 0.00% | −0.09 |
| NOG Northern Oil and Gas Inc. | Sold out | 0.00% | −0.09 |
| MAX Mediaalpha Inc. Class A | Sold out | 0.00% | −0.07 |
| VIVID SEATS INC | Sold out | 0.00% | −0.06 |
| CAVA Cava Group Inc. | Sold out | 0.00% | −0.05 |
| PAL Proficient Auto Logistics Inc. | Sold out | 0.00% | −0.04 |
| GAUZ Gauzy Ltd. | Sold out | 0.00% | −0.04 |
| TWO Two Harbors Investment Corp. | Sold out | 0.00% | −0.04 |
| PACS Pacs Group Inc. | Reduce -33.3% | 0.09% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.04 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.02 |
| BTX BlackRock Tech & Priv Eqty | Reduce -13.2% | 0.06% | −0.02 |
| CCC CCC Intelligent Solutions Ho | Sold out | 0.00% | −0.02 |
| BMEZ BlackRock HLTH Sci TRM TR II | Reduce -20.3% | 0.04% | −0.02 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.02 |
| JILL J. Jill Inc. | Sold out | 0.00% | −0.02 |
| LIF LIFE360 Inc. | Sold out | 0.00% | −0.02 |
| BSTZ BlackRock Sci & Tech TRM TR | Reduce -11.4% | 0.02% | −0.01 |
| IIPR Innovative Industrial Proper | Sold out | 0.00% | −0.01 |
| ZTO Zto Express Cayman Inc.-ADR | Sold out | 0.00% | −0.01 |
| ECAT BlackRock ESG Cap All TRM TR | Reduce -29.1% | 0.01% | −0.01 |
| STER Sterling Check Corp. | Sold out | 0.00% | −0.01 |
| LSXMA Liberty Media Corp. Class A New | Sold out | 0.00% | −0.01 |
| LPG Dorian LPG Ltd. | Sold out | 0.00% | −0.01 |
| RARE Ultragenyx Pharmaceutical Inc. | Sold out | 0.00% | −0.01 |
| MHN BlackRock Muniholding NY QLT | Reduce -49.2% | 0.00% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| K Kellanova | New | 11.63% | +11.63 |
| SMAR Smartsheet Inc. Class A | New | 5.68% | +5.68 |
| SWN Southwestern Energy Co. | Add +1002.9% | 6.29% | +5.59 |
| MRO Marathon Oil Corp. | Add +108.5% | 13.55% | +4.45 |
| ENV Envestnet Inc. | New | 2.68% | +2.68 |
| CTLT Catalent Inc. | Add +125.3% | 3.75% | +1.74 |
| HCP Hashicorp Inc. Class A | Add +159.8% | 3.02% | +1.51 |
| SRCL Stericycle Inc. | Add +56.9% | 5.99% | +1.26 |
| CHX Championx Corp. | New | 0.57% | +0.57 |
| PRFT Perficient Inc. | Add +66.8% | 2.44% | +0.56 |
| SIRI Sirius XM Holdings Inc. | New | 0.44% | +0.44 |
| FUN Six Flags Entertainment Corp. | New | 0.36% | +0.36 |
| BABA Alibaba Group Holding-SP ADR | New | 0.29% | +0.29 |
| SOLV Solventum Corp. | New | 0.28% | +0.28 |
| GRAYSCALE ETHEREUM MINI TR E | New | 0.24% | +0.24 |
| LLYVA Liberty Media Corp.-Liberty-A | New | 0.19% | +0.19 |
| UBER Uber Technologies Inc. | Add +79.2% | 0.62% | +0.18 |
| FETH Fidelity Ethereum Fund | New | 0.18% | +0.18 |
| ETHW Bitwise Ethereum ETF | New | 0.15% | +0.15 |
| ACHR Archer Aviation Inc. Class A | New | 0.15% | +0.15 |
| QDEL Quidelortho Corp. | Add +52.3% | 0.32% | +0.12 |
| RCM R1 RCM Inc. | New | 0.11% | +0.11 |
| PARAA Paramount Global Class B | New | 0.11% | +0.11 |
| OS Onestream Inc. | New | 0.09% | +0.09 |
| LLYVK Liberty Media Corp.-Liberty-C | New | 0.08% | +0.08 |
| UMBF Umb Financial Corp. | New | 0.08% | +0.08 |
| BATRK Atlanta Braves Holdings in-C | Add +57.0% | 0.41% | +0.07 |
| BKV BKV Corporation | New | 0.06% | +0.06 |
| JBTM JBT Marel Corp. | Add +638.5% | 0.07% | +0.06 |
| IONS Ionis Pharmaceuticals Inc. | New | 0.05% | +0.05 |
| GPN Global Payments Inc. | Add +62.8% | 0.13% | +0.03 |
| ETHV Vaneck Ethereum ETF | New | 0.03% | +0.03 |
| RITM Rithm Capital Corp. | New | 0.02% | +0.02 |
| MSTR Strategy Inc. | New | 0.02% | +0.02 |
| NEE Nextera Energy Inc. | Add +21.5% | 0.22% | +0.02 |
| HLF Herbalife Ltd. | New | 0.02% | +0.02 |
| HTLF Heartland Financial USA Inc. | New | 0.02% | +0.02 |
| ACI Albertsons Cos Inc. Class A | New | 0.02% | +0.02 |
| RIVN Rivian Automotive Inc. Class A | New | 0.02% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | New | 0.02% | +0.02 |
| IP International Paper Co. | New | 0.02% | +0.02 |
| MTH Meritage Homes Corp. | Add +18.4% | 0.12% | +0.02 |
| BTSG Brightspring Health Services | Add +7.1% | 0.24% | +0.01 |
| FANG Diamondback Energy Inc. | New | 0.01% | +0.01 |
| CWST Casella Waste Systems Inc. Class A | New | 0.01% | +0.01 |
| PTON Peloton Interactive Inc. Class A | Add +15.5% | 0.02% | +0.00 |
| NWSA News Corp. Class A | Add +34.3% | 0.64% | −0.00 |
| ARKB ARK 21SHARES Bitcoin ETF | Add +19.8% | 0.54% | −0.01 |
| BITB Bitwise Bitcoin ETF | Add +5.7% | 0.63% | −0.10 |
| FBTC Fidelity Wise Origin Bitcoin | Add +13.2% | 2.93% | −0.25 |
Options Activity Q2 2024 → Q3 2024
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -73.4% | 2,477,200 | $1.4B |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -88.6% | 2,156,600 | $1.2B |
| IWM iShares Russell 2000 ETF | put | Reduce -86.3% | 1,121,200 | $247.7M |
| IWM iShares Russell 2000 ETF | call | Reduce -87.0% | 500,000 | $110.4M |
| TSM Taiwan Semiconductor-SP ADR | put | Reduce -12.0% | 369,700 | $64.2M |
| DASH DoorDash Inc. Class A | put | Reduce -10.6% | 301,200 | $43.0M |
| TCOM Trip.com Group Ltd.-ADR | put | Reduce -0.3% | 685,800 | $40.8M |
| CNK Cinemark Holdings Inc. | put | Add +41.5% | 1,421,800 | $39.6M |
| CVX Chevron Corp. | call | Add +27.3% | 250,200 | $36.8M |
| GLD SPDR Gold Shares | put | Reduce -56.5% | 144,500 | $35.1M |
| AGNC AGNC Investment Corp. | put | Add +466.9% | 2,834,300 | $29.6M |
| ELV Elevance Health Inc. | put | Sold out | 53,400 | $28.9Mbefore exit |
| CNK Cinemark Holdings Inc. | call | Reduce -42.2% | 940,500 | $26.2M |
| XOP SS SPDR S&P Og Exp & Prod | put | New | 193,800 | $25.5M |
| ELV Elevance Health Inc. | call | Sold out | 39,600 | $21.5Mbefore exit |
| CPRI Capri Holdings Ltd. | call | New | 500,000 | $21.2M |
| MSTR Strategy Inc. | put | Add +793.3% | 107,200 | $18.1M |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | put | Add +52.3% | 198,100 | $17.9M |
| BSY Bentley Systems Inc. Class B | call | New | 300,000 | $15.2M |
| SLV iShares Silver Trust | put | New | 520,000 | $14.8M |
| EWZ iShares MSCI Brazil ETF | call | Sold out | 497,000 | $13.6Mbefore exit |
| CPRI Capri Holdings Ltd. | put | New | 300,000 | $12.7M |
| PMT Pennymac Mortgage Investment | put | Add +162.3% | 836,700 | $11.9M |
| ISRG Intuitive Surgical Inc. | put | Sold out | 23,000 | $10.2Mbefore exit |
| TRIP Tripadvisor Inc. | put | Reduce -19.5% | 701,300 | $10.2M |
| RSP Invesco S&P 500 Equal Weight | put | New | 52,000 | $9.3M |
| PLD Prologis Inc. | put | New | 70,000 | $8.8M |
| KWEB Kranesh Csi China Internet | put | New | 200,000 | $6.8M |
| TWO Two Harbors Investment Corp. | put | Sold out | 482,400 | $6.4Mbefore exit |
| EXAS Exact Sciences Corp. | call | Reduce -42.3% | 93,100 | $6.3M |
| ARCC Ares Capital Corp. | put | New | 300,000 | $6.3M |
| HLF Herbalife Ltd. | put | Reduce -72.0% | 863,700 | $6.2M |
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 11,200 | $5.4Mbefore exit |
| STWD Starwood Property Trust Inc. | put | Sold out | 200,000 | $3.8Mbefore exit |
| X United States Steel Corp. | call | New | 100,000 | $3.5M |
| SCCO Southern Copper Corp. | put | New | 30,000 | $3.5M |
| INFN Infinera Corp. | put | New | 500,000 | $3.4M |
| UAL United Airlines Holdings Inc. | put | Add +440.0% | 51,300 | $2.9M |
| ABR Arbor Realty Trust Inc. | put | Sold out | 200,000 | $2.9Mbefore exit |
| LSXMA Liberty Media Corp. Class A New | put | Sold out | 122,600 | $2.7Mbefore exit |
| DHI D.R. Horton Inc. | put | Add +84.2% | 14,000 | $2.7M |
| DAL Delta Air Lines Inc. | put | Add +452.6% | 52,500 | $2.7M |
| REXR Rexford Industrial Realty Inc. | put | New | 50,000 | $2.5M |
| CHTR Charter Communications Inc. Class A | put | Reduce -48.0% | 7,600 | $2.5M |
| COIN Coinbase Global Inc. Class A | put | Add +40.8% | 13,800 | $2.5M |
| COIN Coinbase Global Inc. Class A | call | Add +40.8% | 13,800 | $2.5M |
| BABA Alibaba Group Holding-SP ADR | call | New | 21,500 | $2.3M |
| AAL American Airlines Group Inc. | put | Add +606.0% | 200,500 | $2.3M |
| TRIP Tripadvisor Inc. | call | Reduce -14.6% | 149,100 | $2.2M |
| BABA Alibaba Group Holding-SP ADR | put | New | 20,000 | $2.1M |
Showing the first 50 of 74.
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
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | Add +17.1% | 33,630,000 | $67.4M |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | Reduce -3.0% | 40,914,000 | $60.2M |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | Add +14.2% | 58,122,000 | $57.1M |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Reduce -1.7% | 57,990,000 | $56.9M |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | New | 50,352,000 | $53.8M |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | Add +3.9% | 25,645,000 | $53.5M |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | Add +20.2% | 48,058,000 | $50.4M |
| NATERA INC (NTRA 2.25 05/01/27) | NOTE 2.250% 5/0 · principal | Sold out | 16,830,000 | $47.9Mbefore exit |
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | New | 38,730,000 | $38.7M |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | Add +4.1% | 38,382,000 | $38.2M |
| ATLANTICA JERSEY LTD (AY 4 07/15/25) | NOTE 4.000% 7/1 · principal | Add +145.9% | 35,780,000 | $35.4M |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Add +76.8% | 23,025,000 | $33.8M |
| HCI GROUP INC (HCI 4.75 06/01/42) | NOTE 4.750% 6/0 · principal | Add +13.7% | 20,780,000 | $30.0M |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Reduce -5.2% | 29,160,000 | $23.9M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Reduce -2.4% | 24,000,000 | $22.4M |
| GLAUKOS CORP (GKOS 2.75 06/15/27) | NOTE 2.750% 6/1 · principal | Add +3751.9% | 9,206,000 | $21.7M |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | New | 23,300,000 | $20.3M |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | Add +72.5% | 18,500,000 | $19.8M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | Sold out | 18,310,000 | $18.1Mbefore exit |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Add +30.0% | 19,500,000 | $18.0M |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | New | 14,640,000 | $13.6M |
| ENCORE CAPITAL GROUP INC (ECPG 4 03/15/29) | NOTE 4.000% 3/1 · principal | Add +4.9% | 13,115,000 | $13.2M |
| SIRIUS XM HOLDINGS (SIRI 3.75 03/15/28) | NOTE 3.750% 3/1 · principal | New | 10,000,000 | $10.4M |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | New | 10,000,000 | $7.7M |
| ENVESTNET INC (ENV 0.75 08/15/25) | 0.75 8/15/2025 · principal | New | 7,000,000 | $6.9M |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | Reduce -73.8% | 5,900,000 | $6.7M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | New | 49,000 | $3.0M |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | New | 2,500,000 | $2.5M |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Sold out | 4,000,000 | $2.2Mbefore exit |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | New | 2,102,000 | $1.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 128 | $7.8B | BLD, EA, PEN, NSC, KVUE |
| Q1 2026 | 160 | $7.3B | HOLX, EA, PEN, NSC, MASI |
| Q4 2025 | 112 | $8.5B | CYBR, EXAS, HOLX, NSC, DAY |
| Q3 2025Amended | 105 | $6.0B | CYBR, VRNA, GTLS, NSC, LBRDK |
| Q2 2025Amended | 91 | $5.0B | HES, K, BPMC, AZEK, ESGR |
| Q1 2025Amended | 74 | $5.0B | HES, K, ITCI, BERY, BECN |
| Q4 2024Amended | 74 | $4.3B | HES, K, SMAR, ALTR, EDR |
| Q3 2024Amended | 69 | $4.6B | HES, MRO, K, SWN, SRCL |
| Q2 2024Amended | 70 | $3.6B | HES, WRK, EDR, MRO, ETRN |
| Q1 2024Amended | 61 | $3.5B | PXD, HES, WRK, FBTC, AXONICS INC |