HBK Investments L P
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), HBK Investments L P reported 160 stock positions worth $7.3 billion. Its top holding was Hologic (HOLX) at 10.1% of the portfolio, followed by Electronic Arts (EA, 9.1%) and Penumbra (PEN, 7.3%). Compared with Q4 2025, it opened 86 new positions, sold out of 38, added to 15 and reduced 18. The biggest buy was a new position in Penumbra (PEN) and the biggest sale an exit from Cyberark Software Ltd./Israel (CYBR).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001011443
- Portfolio Value
- $7.3B (Q1 2026)
- SEC Filing
- 0001011443-26-000011 ↗ filed May 15, 2026
Holdings Value
Holdings 160 stocks · $7.3B
| HOLX Hologic Inc. | 10.12% | 9,800,000 | $740.8M | Add +16.7% |
| EA Electronic Arts Inc. | 9.11% | 3,270,100 | $666.7M | Add +71.2% |
| PEN Penumbra Inc. | 7.33% | 1,634,261 | $536.6M | New |
| NSC Norfolk Southern Corp. | 6.81% | 1,736,356 | $498.3M | Reduce -18.5% |
| MASI Masimo Corp. | 6.26% | 2,576,109 | $458.2M | New |
| WBD Warner Bros Discovery Inc. | 6.14% | 16,361,200 | $449.3M | Add +83.3% |
| CTRA Coterra Energy Inc. | 5.07% | 10,568,659 | $371.4M | New |
| KVUE Kenvue Inc. | 4.95% | 21,000,001 | $362.0M | Add +728.4% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 4.90% | 5,527,242 | $358.9M | Add +20.1% |
| CWAN Clearwater Analytics HDS-A | 4.48% | 13,875,000 | $328.1M | Add +3616.8% |
| SEE Sealed Air Corp. | 4.20% | 7,305,341 | $307.2M | New |
| ACLX Arcellx Inc. | 3.57% | 2,278,517 | $261.6M | New |
| JHG Janus Henderson Group PLC | 2.97% | 4,230,723 | $217.3M | New |
| LBRDK Liberty Broadband-C | 2.95% | 4,289,014 | $215.7M | Reduce -27.4% |
| TXNM TXNM Energy Inc. | 2.43% | 3,040,938 | $177.8M | Add +79.2% |
| TERN Terns Pharmaceuticals Inc. | 2.12% | 2,950,000 | $155.5M | New |
| APLS Apellis Pharmaceuticals Inc. | 1.95% | 3,550,000 | $142.8M | New |
| GTLS Chart Industries Inc. | 1.95% | 689,092 | $142.5M | Reduce -65.0% |
| FOLD Amicus Therapeutics Inc. | 1.73% | 8,783,448 | $127.0M | Reduce -42.4% |
| TECK Teck Resources Ltd.-CLS B | 1.12% | 1,585,092 | $82.0M | New |
| ARKB ARK 21SHARES Bitcoin ETF | 0.60% | 1,966,887 | $44.2M | No change |
| CMCSA Comcast Corp. Class A | 0.42% | 1,067,001 | $30.6M | New |
| NWSA News Corp. Class A | 0.40% | 1,183,664 | $29.5M | No change |
| TRIP Tripadvisor Inc. | 0.37% | 2,526,616 | $26.9M | Add +505.7% |
| SIRI Sirius XM Holdings Inc. | 0.37% | 1,164,203 | $26.9M | Reduce -30.9% |
| SOLV Solventum Corp. | 0.35% | 388,022 | $25.3M | No change |
| FETH Fidelity Ethereum Fund | 0.32% | 1,126,139 | $23.5M | No change |
| UBER Uber Technologies Inc. | 0.29% | 298,849 | $21.5M | Add +8.0% |
| MDLN Medline Inc. Class A | 0.26% | 425,000 | $18.9M | Add +80.8% |
| MAT Mattel Inc. | 0.26% | 1,300,000 | $18.9M | New |
| CON Concentra Group Holdings Par | 0.25% | 862,750 | $18.5M | No change |
| GME Gamestop Corp. Class A | 0.25% | 782,365 | $18.0M | Add +132.5% |
| KTOS Kratos Defense & Security | 0.19% | 200,000 | $14.1M | New |
| BTSG Brightspring Health Services | 0.17% | 300,000 | $12.8M | No change |
| WELL Welltower Inc. | 0.17% | 62,515 | $12.4M | New |
| BHF Brighthouse Financial Inc. | 0.16% | 200,000 | $12.0M | Reduce -90.5% |
| LGN Legence Corp. Class A | 0.15% | 200,000 | $11.3M | Reduce -55.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.13% | 120,539 | $9.2M | Add +14.5% |
| BATRK Atlanta Braves Holdings in-C | 0.12% | 198,469 | $8.5M | Reduce -52.6% |
| TSLA Tesla Inc. | 0.11% | 21,490 | $8.0M | New |
| FVAV Fortress Value Acquis V Class A | 0.10% | 750,000 | $7.5M | New |
| ACAAU Averin Capital Acquisition C | 0.10% | 750,006 | $7.5M | New |
| KPET.U Kpet Ultra Paceline Corp. | 0.10% | 750,000 | $7.5M | New |
| AMD Advanced Micro Devices | 0.10% | 36,569 | $7.4M | New |
| DDOG Datadog Inc. Class A | 0.10% | 61,649 | $7.3M | Add +23.3% |
| CRWV Coreweave Inc. Class A | 0.10% | 93,800 | $7.3M | No change |
| TTEK Tetra Tech Inc. | 0.10% | 239,028 | $7.2M | Add +212.9% |
| JENA Jena Acquisition Corp. II - A | 0.10% | 699,900 | $7.2M | No change |
| KRAQ Krakacquisition Corp. Class A | 0.09% | 700,004 | $6.9M | New |
| BA The Boeing Co. | 0.09% | 32,534 | $6.5M | New |
| AAPL Apple Inc. | 0.09% | 24,781 | $6.3M | New |
| ETH Grayscale Ethereum Staking M | 0.08% | 311,141 | $6.2M | No change |
| CHTR Charter Communications Inc. Class A | 0.08% | 26,965 | $5.8M | Reduce -5.7% |
| META Meta Platforms Inc. Class A | 0.07% | 9,304 | $5.3M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.07% | 10,879 | $5.2M | New |
| ACHR Archer Aviation Inc. Class A | 0.07% | 1,000,000 | $5.2M | Reduce -20.0% |
| AACB Artius II Acquisition Inc. Class A | 0.07% | 499,998 | $5.2M | No change |
| GTEN Gores Holdings X Inc. Class A | 0.07% | 500,000 | $5.1M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.07% | 40,188 | $5.0M | New |
| QCOM Qualcomm Inc. | 0.07% | 39,094 | $5.0M | New |
| CLBR Colombier Acq III Class A | 0.07% | 500,008 | $5.0M | New |
| EQPT Equipmentshare.com Inc. Class A | 0.07% | 245,000 | $5.0M | New |
| ALUB Alussa Energy Acquisit II-A | 0.07% | 500,001 | $5.0M | No change |
| DMII Drugs Made in America Acquis | 0.07% | 500,000 | $5.0M | No change |
| OIM Oneim Acquisition Class-A | 0.07% | 500,004 | $5.0M | New |
| ADAC American Drive Acquisit Class A | 0.07% | 500,001 | $5.0M | No change |
| BEAG Bold Eagle Acquisition Cor-A | 0.06% | 450,000 | $4.7M | No change |
| CEPF Cantor Equity Partners Class A | 0.06% | 450,000 | $4.6M | No change |
| DHR Danaher Corp. | 0.06% | 24,170 | $4.6M | New |
| COST Costco Wholesale Corp. | 0.06% | 4,530 | $4.5M | New |
| IEAG Infinite Eagle Class-A | 0.06% | 450,000 | $4.5M | New |
| JOBY Joby Aviation Inc. | 0.06% | 500,000 | $4.1M | New |
| KBON Karbon Capital Partners Class A | 0.06% | 400,004 | $4.0M | No change |
| AEXA American Exceptionalism Class A | 0.05% | 350,000 | $3.8M | No change |
| PMTR Perimeter Acquis Corp. I Class A | 0.05% | 360,000 | $3.7M | No change |
| TMS Teamshares Inc. filed as LIVE OAK ACQUISITION CORP V | 0.05% | 350,000 | $3.6M | Reduce -11.8% |
| SBXE Silverbox Corp. V Class A | 0.05% | 350,001 | $3.5M | No change |
| NVDA Nvidia Corp. | 0.05% | 18,917 | $3.3M | New |
| PLTR Palantir Technologies Inc. Class A | 0.04% | 21,983 | $3.2M | New |
| CLF Cleveland-Cliffs Inc. | 0.04% | 368,000 | $3.1M | New |
| SDHI Siddhi Acquisition Corp. Class A | 0.04% | 300,000 | $3.1M | No change |
| SOCA Solarius Capital Acquis Class A | 0.04% | 300,000 | $3.1M | No change |
| CCXI Churchill Capital Corp. Class A | 0.04% | 300,000 | $3.0M | No change |
| FCRS Futurecrest Acquisition Class A | 0.04% | 299,916 | $3.0M | No change |
| BOBS Bob's Discount Furniture | 0.04% | 250,000 | $2.9M | New |
| CB Chubb Ltd. | 0.04% | 8,736 | $2.8M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.04% | 6,721 | $2.6M | New |
| GOOG Alphabet Inc. Class C | 0.03% | 8,870 | $2.5M | New |
| PAII Pyrophyte Acquisition Corp. Class A | 0.03% | 250,000 | $2.5M | No change |
| ONCH 1RT Acquisition Corp. Class A | 0.03% | 249,304 | $2.5M | No change |
| AMZN Amazon.com Inc. | 0.03% | 12,127 | $2.5M | New |
| HVMC Highview Merger Corp. Class A | 0.03% | 250,000 | $2.5M | No change |
| HACQU HCM IV Acquisition Corp. | 0.03% | 250,000 | $2.5M | New |
| PALOU Paloma Acquisition Corp. I | 0.03% | 250,000 | $2.5M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.03% | 3,832 | $2.5M | Add +166.7% |
| ARCI Archimedes Tech Spac Partner | 0.03% | 250,004 | $2.5M | New |
| LION Lionsgate Studios Corp. | 0.03% | 242,329 | $2.3M | Reduce -58.5% |
| AGNC AGNC Investment Corp. | 0.03% | 229,829 | $2.3M | New |
| DLR Digital Realty Trust Inc. | 0.03% | 12,736 | $2.3M | Reduce -65.4% |
| CVX Chevron Corp. | 0.03% | 11,066 | $2.3M | New |
| ETHV Vaneck Ethereum ETF | 0.03% | 72,028 | $2.2M | No change |
| NRG NRG Energy Inc. | 0.03% | 15,000 | $2.2M | New |
| NEE Nextera Energy Inc. | 0.03% | 23,251 | $2.2M | New |
| BCSS Bain Capital GSS Inv- A | 0.03% | 200,005 | $2.0M | No change |
| CEPS Cantor Equity Partners Vi -A | 0.03% | 200,000 | $2.0M | New |
| VZ Verizon Communications Inc. | 0.03% | 39,774 | $2.0M | New |
| SAC Safeguard Acquisition C Class A | 0.03% | 200,002 | $2.0M | No change |
| GPAC General Purpose Acquisit-A | 0.03% | 200,002 | $2.0M | No change |
| BOX Box Inc. Class A | 0.03% | 81,850 | $1.9M | Reduce -56.2% |
| HNGE Hinge Health Inc. Class A | 0.03% | 50,000 | $1.9M | Reduce -28.6% |
| NFLX Netflix Inc. | 0.03% | 19,659 | $1.9M | New |
| PLD Prologis Inc. | 0.02% | 13,039 | $1.7M | New |
| TXN Texas Instruments Inc. | 0.02% | 8,524 | $1.7M | New |
| SARO Standardaero Inc. | 0.02% | 60,000 | $1.5M | New |
| KRSP Rice Acquisition Corp. 3-A | 0.02% | 149,119 | $1.5M | Reduce -0.3% |
| CEPV Cantor Equity Partners Class A | 0.02% | 150,000 | $1.5M | No change |
| BETA Beta Technologies Inc. Class A | 0.02% | 100,000 | $1.5M | No change |
| FPS Forgent Power Solutions Class A | 0.02% | 50,000 | $1.5M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.02% | 2,482 | $1.4M | New |
| APD Air Products & Chemicals Inc. | 0.02% | 4,851 | $1.4M | New |
| PDD PDD Holdings Inc. | 0.02% | 13,752 | $1.4M | New |
| HAL Halliburton Co. | 0.02% | 34,947 | $1.4M | New |
| AVGO Broadcom Inc. | 0.02% | 4,280 | $1.3M | New |
| FIGX Figx Capital Acquisition C-A | 0.02% | 125,002 | $1.3M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.02% | 25,469 | $1.2M | New |
| PH Parker Hannifin Corp. | 0.02% | 1,350 | $1.2M | New |
| SLG SL Green Realty Corp. | 0.02% | 32,074 | $1.2M | No change |
| GM General Motors Co. | 0.02% | 15,893 | $1.2M | New |
| CEPO Cantor Equity Partners I-A | 0.02% | 110,000 | $1.2M | No change |
| SPG Simon Property Group Inc. | 0.01% | 5,778 | $1.1M | New |
| CAEP Cantor Equity Partners III-A | 0.01% | 100,000 | $1.0M | Reduce -66.7% |
| PCAP Procap Acquisition Corp. Class A | 0.01% | 100,002 | $1.0M | No change |
| HCMA HCM III Acquisition Cor Class A | 0.01% | 100,002 | $1.0M | No change |
| SCHW Schwab (charles) Corp. | 0.01% | 9,856 | $926K | New |
| ISRG Intuitive Surgical Inc. | 0.01% | 2,002 | $923K | New |
| XOP SS SPDR S&P Og Exp & Prod | 0.01% | 4,403 | $801K | New |
| ADI Analog Devices Inc. | 0.01% | 2,419 | $770K | New |
| ABNB Airbnb Inc. Class A | 0.01% | 5,907 | $746K | New |
| IACOU Idea Acquisition Corp. | 0.01% | 72,867 | $722K | New |
| FUN Six Flags Entertainment Corp. | 0.01% | 40,000 | $710K | No change |
| LIN Linde PLC | 0.01% | 1,386 | $687K | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.01% | 6,803 | $656K | New |
| EZET Franklin Ethereum ETF | 0.01% | 39,678 | $631K | No change |
| ALL Allstate Corp. | 0.01% | 3,004 | $623K | New |
| HON Honeywell International Inc. | 0.01% | 2,548 | $576K | New |
| GOOGL Alphabet Inc. Class A | 0.01% | 1,950 | $561K | New |
| GEV GE Vernova Inc. | 0.01% | 610 | $532K | New |
| SO The Southern Co. | 0.01% | 5,123 | $494K | New |
| AXP American Express Co. | 0.01% | 1,501 | $454K | New |
| T AT&T Inc. | 0.01% | 15,643 | $453K | New |
| SBUX Starbucks Corp. | 0.01% | 4,642 | $416K | New |
| INGM Ingram Micro Holding Corp. | 0.00% | 15,000 | $350K | New |
| NBIS Nebius Group NV | 0.00% | 3,357 | $348K | New |
| AS Amer Sports Inc. | 0.00% | 10,000 | $329K | New |
| ETN Eaton Corp. PLC | 0.00% | 869 | $311K | New |
| PFE Pfizer Inc. | 0.00% | 10,878 | $305K | New |
| WFC Wells Fargo & Co. | 0.00% | 3,492 | $278K | New |
| VOYG Voyager Technologies Inc. Class A | 0.00% | 11,500 | $269K | No change |
| DJT Trump Media & Technology Gro | 0.00% | 24,803 | $230K | New |
| LCID Lucid Group Inc. | 0.00% | 10,403 | $99K | Reduce -19.4% |
Options reported separately and not counted above: NVDA puts ($594.9M), IWM puts ($168.7M), SPY puts ($154.7M), QQQ puts ($86.1M), QQQ calls ($79.1M), IBIT puts ($56.9M), HWM puts ($48.8M), NBIS puts ($46.7M), TSLA puts ($40.0M), XOP calls ($29.7M), TRIP puts ($25.1M), COST puts ($23.8M), and 113 more.
Other holdings (61): bonds, preferreds, convertibles and warrants · $621.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | 63,900,000 | $77.6M | Add +25.8% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 46,000,000 | $50.7M | Add +130.0% |
| WAYFAIR INC (W 3.5 11/15/28) | NOTE 3.500%11/1 · principal | 24,805,000 | $43.5M | No change |
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | NOTE 5.750% 6/0 · principal | 27,000,000 | $36.1M | Add +20.0% |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 30,700,000 | $35.2M | Add +12.9% |
| ALIGNMENT HEALTHCARE (ALHC 4.25 11/15/29) | NOTE 4.250%11/1 · principal | 24,100,000 | $34.0M | No change |
| PELOTON INTERACTIVE INC (PTON 5.5 12/01/29) | NOTE 5.500%12/0 · principal | 23,500,000 | $31.5M | Add +4.4% |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | 20,150,000 | $24.9M | Reduce -11.0% |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 24,000,000 | $23.0M | Reduce -29.4% |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 25,000,000 | $21.0M | Reduce -47.3% |
| SILVERCORP METALS INC | NOTE 4.750%12/1 · principal | 8,000,000 | $20.6M | Add +23.1% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 300,000 | $19.6M | Add +50.0% |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | 14,895,000 | $17.7M | Add +29.5% |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 20,000,000 | $17.4M | Reduce -11.1% |
| FORTUNA MINING CORP (FVICN 3.75 06/30/29) | NOTE 3.750% 6/3 · principal | 10,000,000 | $17.3M | No change |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 12,000,000 | $16.7M | No change |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 16,500,000 | $15.9M | No change |
| PENNYMAC CORP (PMT 8.5 06/01/29) | NOTE 8.500% 6/0 · principal | 15,250,000 | $15.9M | Reduce -24.7% |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | 13,005,000 | $12.2M | Reduce -29.7% |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | 12,000,000 | $11.8M | New |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 200,000 | $11.3M | Add +33.3% |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | 10,263,000 | $10.5M | New |
| NIO INC (NIO 4.625 10/15/30) | NOTE 4.625%10/1 · principal | 9,300,000 | $9.3M | No change |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | NOTE 5.875%10/0 · principal | 9,000,000 | $8.5M | Add +20.0% |
| PAR TECHNOLOGY CORP (PAR 1 01/15/30) | NOTE 1.000% 1/1 · principal | 10,200,000 | $7.9M | New |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 5,107,000 | $5.9M | Reduce -49.5% |
| NEXTERA ENERGY INC (NEE 7.375 02/15/29) | UNIT 02/15/2029 | 100,000 | $5.0M | New |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 5,000,000 | $4.6M | No change |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | 100,000 | $4.6M | New |
| PPL CORPORATION (PPL 7 02/15/29) | UNIT 02/15/2029 | 80,000 | $4.1M | New |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 2,121,000 | $2.9M | Reduce -51.5% |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 2,500,000 | $2.5M | No change |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | 167,298 | $239K | Reduce -16.4% |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | 200,000 | $138K | No change |
| AACBR Artius II Acquisition Inc. | RIGHT 11/27/2029 | 500,000 | $136K | No change |
| JENA ACQUISITION CORP II-RTS | RIGHT 03/31/2030 | 646,400 | $110K | No change |
| KRAQW Krakacq Corp. -31 | *W EXP 12/23/203 | 175,001 | $105K | New |
| IEAGR Infinite Eagle Acquis-Rights | RIGHT 01/13/2031 | 450,000 | $81K | New |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | 125,000 | $70K | No change |
| CLBR.WS Colombier Acquisition - 31 | *W EXP 12/31/203 | 62,501 | $62K | New |
| SDHIR Siddhi Acquisition Corp. | RIGHT 09/15/2029 | 300,000 | $62K | No change |
| ALUB.WS Alussa Energy Acquisition-30 | *W EXP 99/99/999 | 166,667 | $60K | Add +0.1% |
| OIMAW Oneim Acquisition - 30 | *W EXP 01/07/203 | 83,334 | $54K | New |
| KBONW Karbon Capital Partners Corp. | *W EXP 12/11/203 | 100,001 | $51K | No change |
| ADACW American Dr Acq A -30 | *W EXP 02/06/203 | 166,667 | $50K | Add +0.1% |
| SBXE.WS Silverbox Corp. V | *W EXP 09/16/203 | 116,667 | $49K | Add +0.1% |
| FCRS.WS Futurecrest Acquisition Corp. | *W EXP 09/30/203 | 75,001 | $44K | No change |
| PAII.WS Pyrophyte Acquisition Corp. I | *W EXP 07/30/203 | 125,000 | $41K | No change |
| DMIIR Drugs Made in America Acq-RT | RIGHT 09/16/2030 | 500,000 | $40K | No change |
| SAC.WS Safeguard Acquisition Corp. | *W EXP 99/99/999 | 100,001 | $40K | No change |
| SOCAW Solarius Capital Acqui -30 | *W EXP 07/10/203 | 150,000 | $39K | No change |
| ARCIW Archimedes Tech Spac Partner | *W EXP 01/23/203 | 62,501 | $33K | New |
| HVMCW Highview Merger Corp. - 30 | *W EXP 07/24/203 | 125,000 | $31K | No change |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | 62,501 | $27K | No change |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | 40,001 | $25K | No change |
| GPACW General Purpose Acquisition | *W EXP 12/03/203 | 100,001 | $24K | No change |
| CCXIW Churchill Capital Corp. Xi | *W EXP 12/10/203 | 30,000 | $23K | No change |
| KRSP.WS Rice Acquisition Corp. 3 | *W EXP 99/99/999 | 25,000 | $20K | No change |
| FIGXW Figx Capital Acquisition Cor | *W EXP 06/17/203 | 62,501 | $17K | No change |
| HCMAW HCM III Acquisition Corp. -30 | *W EXP 07/23/203 | 33,334 | $15K | No change |
| PCAPW Procap Acq Corp. A -30 | *W EXP 05/16/203 | 33,334 | $11K | No change |
Total filed on the 13F, all lines: $7.9B.
Portfolio Sells Q4 2025 → Q1 2026
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −12.88 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −9.15 |
| DAY Dayforce Inc. | Sold out | 0.00% | −6.40 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −5.34 |
| CMA Comerica Inc. | Sold out | 0.00% | −4.07 |
| RNAM Avidity Biosciences Inc. | Sold out | 0.00% | −3.71 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −3.50 |
| CDTX Cidara Therapeutics Inc. | Sold out | 0.00% | −3.28 |
| GTLS Chart Industries Inc. | Reduce -65.0% | 1.95% | −2.84 |
| SNV Synovus Financial Corp. | Sold out | 0.00% | −2.23 |
| AHL Aspen Insurance Holdings Class A | Sold out | 0.00% | −1.97 |
| BHF Brighthouse Financial Inc. | Reduce -90.5% | 0.16% | −1.44 |
| FOLD Amicus Therapeutics Inc. | Reduce -42.4% | 1.73% | −0.82 |
| SNDK Sandisk Corp. | Sold out | 0.00% | −0.66 |
| NSC Norfolk Southern Corp. | Reduce -18.5% | 6.81% | −0.44 |
| LBRDK Liberty Broadband-C | Reduce -27.4% | 2.95% | −0.44 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.28 |
| ETHW Bitwise Ethereum ETF | Sold out | 0.00% | −0.21 |
| PSKY Paramount Skydance Class B | Sold out | 0.00% | −0.16 |
| BUD Anheuser-Busch Inbev-SPN ADR | Sold out | 0.00% | −0.14 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.09 |
| BATRK Atlanta Braves Holdings in-C | Reduce -52.6% | 0.12% | −0.08 |
| LGN Legence Corp. Class A | Reduce -55.6% | 0.15% | −0.07 |
| CC The Chemours Co. | Sold out | 0.00% | −0.06 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.06 |
| CHKP Check Point Software Tech | Sold out | 0.00% | −0.05 |
| ACHR Archer Aviation Inc. Class A | Reduce -20.0% | 0.07% | −0.04 |
| BOX Box Inc. Class A | Reduce -56.2% | 0.03% | −0.04 |
| CTEV Claritev Corp. | Sold out | 0.00% | −0.04 |
| IMSR Terrestrial Energy Inc. | Sold out | 0.00% | −0.04 |
| DLR Digital Realty Trust Inc. | Reduce -65.4% | 0.03% | −0.04 |
| LION Lionsgate Studios Corp. | Reduce -58.5% | 0.03% | −0.03 |
| SIRI Sirius XM Holdings Inc. | Reduce -30.9% | 0.37% | −0.03 |
| CVLT Commvault Systems Inc. | Sold out | 0.00% | −0.03 |
| LMRI Lumexa Imaging Holdings Inc. | Sold out | 0.00% | −0.03 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.02 |
| XZO Exzeo Group Inc. | Sold out | 0.00% | −0.02 |
| ANDG Andersen Group Inc. Class A | Sold out | 0.00% | −0.02 |
| CAEP Cantor Equity Partners III-A | Reduce -66.7% | 0.01% | −0.02 |
| ASTS Ast Spacemobile Inc. | Sold out | 0.00% | −0.02 |
| NIO Nio Inc. - ADR | Sold out | 0.00% | −0.02 |
| CDNL Cardinal Infrastructure GR-A | Sold out | 0.00% | −0.02 |
| SKYA Skyai Inc. | Sold out | 0.00% | −0.02 |
| HIMS Hims & Hers Health Inc. | Sold out | 0.00% | −0.02 |
| LWLG Lightwave Logic Inc. | Sold out | 0.00% | −0.01 |
| PENN Penn Entertainment Inc. | Sold out | 0.00% | −0.01 |
| HNGE Hinge Health Inc. Class A | Reduce -28.6% | 0.03% | −0.01 |
| NWL Newell Brands Inc. | Sold out | 0.00% | −0.01 |
| TETH 21SHARES Etherm Stak ETF-Usd | Sold out | 0.00% | −0.01 |
| MDU Mdu Resources Group Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| PEN Penumbra Inc. | New | 7.33% | +7.33 |
| MASI Masimo Corp. | New | 6.26% | +6.26 |
| CTRA Coterra Energy Inc. | New | 5.07% | +5.07 |
| EA Electronic Arts Inc. | Add +71.2% | 9.11% | +4.51 |
| KVUE Kenvue Inc. | Add +728.4% | 4.95% | +4.43 |
| CWAN Clearwater Analytics HDS-A | Add +3616.8% | 4.48% | +4.38 |
| SEE Sealed Air Corp. | New | 4.20% | +4.20 |
| ACLX Arcellx Inc. | New | 3.57% | +3.57 |
| WBD Warner Bros Discovery Inc. | Add +83.3% | 6.14% | +3.11 |
| JHG Janus Henderson Group PLC | New | 2.97% | +2.97 |
| HOLX Hologic Inc. | Add +16.7% | 10.12% | +2.75 |
| TERN Terns Pharmaceuticals Inc. | New | 2.12% | +2.12 |
| APLS Apellis Pharmaceuticals Inc. | New | 1.95% | +1.95 |
| AL Sumisho Air Lease Corp. | Add +20.1% | 4.90% | +1.42 |
| TXNM TXNM Energy Inc. | Add +79.2% | 2.43% | +1.25 |
| TECK Teck Resources Ltd.-CLS B | New | 1.12% | +1.12 |
| CMCSA Comcast Corp. Class A | New | 0.42% | +0.42 |
| TRIP Tripadvisor Inc. | Add +505.7% | 0.37% | +0.30 |
| MAT Mattel Inc. | New | 0.26% | +0.26 |
| KTOS Kratos Defense & Security | New | 0.19% | +0.19 |
| WELL Welltower Inc. | New | 0.17% | +0.17 |
| GME Gamestop Corp. Class A | Add +132.5% | 0.25% | +0.17 |
| MDLN Medline Inc. Class A | Add +80.8% | 0.26% | +0.14 |
| TSLA Tesla Inc. | New | 0.11% | +0.11 |
| FVAV Fortress Value Acquis V Class A | New | 0.10% | +0.10 |
| ACAAU Averin Capital Acquisition C | New | 0.10% | +0.10 |
| KPET.U Kpet Ultra Paceline Corp. | New | 0.10% | +0.10 |
| AMD Advanced Micro Devices | New | 0.10% | +0.10 |
| KRAQ Krakacquisition Corp. Class A | New | 0.09% | +0.09 |
| BA The Boeing Co. | New | 0.09% | +0.09 |
| AAPL Apple Inc. | New | 0.09% | +0.09 |
| META Meta Platforms Inc. Class A | New | 0.07% | +0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.07% | +0.07 |
| BABA Alibaba Group Holding-SP ADR | New | 0.07% | +0.07 |
| QCOM Qualcomm Inc. | New | 0.07% | +0.07 |
| CLBR Colombier Acq III Class A | New | 0.07% | +0.07 |
| EQPT Equipmentshare.com Inc. Class A | New | 0.07% | +0.07 |
| TTEK Tetra Tech Inc. | Add +212.9% | 0.10% | +0.07 |
| OIM Oneim Acquisition Class-A | New | 0.07% | +0.07 |
| DHR Danaher Corp. | New | 0.06% | +0.06 |
| COST Costco Wholesale Corp. | New | 0.06% | +0.06 |
| IEAG Infinite Eagle Class-A | New | 0.06% | +0.06 |
| JOBY Joby Aviation Inc. | New | 0.06% | +0.06 |
| NVDA Nvidia Corp. | New | 0.05% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | New | 0.04% | +0.04 |
| CLF Cleveland-Cliffs Inc. | New | 0.04% | +0.04 |
| BOBS Bob's Discount Furniture | New | 0.04% | +0.04 |
| CB Chubb Ltd. | New | 0.04% | +0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.04% | +0.04 |
| GOOG Alphabet Inc. Class C | New | 0.03% | +0.03 |
Options Activity Q4 2025 → Q1 2026
| NVDA Nvidia Corp. | put | Reduce -42.6% | 3,410,900 | $594.9M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 841,400 | $573.8Mbefore exit |
| GLD SPDR Gold Shares | put | Sold out | 488,900 | $193.8Mbefore exit |
| IWM iShares Russell 2000 ETF | put | Add +128.1% | 680,200 | $168.7M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -43.5% | 237,800 | $154.7M |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -38.9% | 149,200 | $86.1M |
| QQQ Invesco QQQ Trust Series 1 | call | Reduce -59.1% | 137,000 | $79.1M |
| IBIT iShares Bitcoin Trust ETF | put | Reduce -57.4% | 1,480,500 | $56.9M |
| HWM Howmet Aerospace Inc. | put | New | 211,700 | $48.8M |
| NBIS Nebius Group NV | put | Reduce -19.2% | 450,000 | $46.7M |
| GS Goldman Sachs Group Inc. | put | Sold out | 50,800 | $44.7Mbefore exit |
| TSLA Tesla Inc. | put | Reduce -4.1% | 107,700 | $40.0M |
| LTM Latam Airlines Group SA-ADR | put | Sold out | 625,000 | $33.8Mbefore exit |
| WBD Warner Bros Discovery Inc. | put | Sold out | 1,086,900 | $31.3Mbefore exit |
| OMF Onemain Holdings Inc. | put | Sold out | 453,800 | $30.7Mbefore exit |
| XOP SS SPDR S&P Og Exp & Prod | call | New | 163,200 | $29.7M |
| TRIP Tripadvisor Inc. | put | Add +463.4% | 2,350,600 | $25.1M |
| WBD Warner Bros Discovery Inc. | call | Sold out | 851,800 | $24.5Mbefore exit |
| COST Costco Wholesale Corp. | put | New | 23,900 | $23.8M |
| AAPL Apple Inc. | put | New | 73,800 | $18.7M |
| BA The Boeing Co. | put | New | 93,700 | $18.6M |
| AMD Advanced Micro Devices | put | New | 86,800 | $17.7M |
| SIRI Sirius XM Holdings Inc. | call | Add +153.1% | 721,600 | $16.7M |
| BRK.B Berkshire Hathaway Inc. Class B | put | New | 33,200 | $15.9M |
| CNK Cinemark Holdings Inc. | put | Reduce -33.3% | 557,000 | $15.9M |
| IWO iShares Russell 2000 Growth | put | New | 50,000 | $15.7M |
| GME Gamestop Corp. Class A | call | Add +47.1% | 666,800 | $15.4M |
| QCOM Qualcomm Inc. | put | New | 109,800 | $14.1M |
| META Meta Platforms Inc. Class A | put | New | 24,000 | $13.7M |
| VEL Velocity Financial Inc. | put | New | 737,500 | $13.3M |
| WMT Walmart Inc. | put | New | 107,000 | $13.3M |
| UBER Uber Technologies Inc. | put | Add +146.9% | 158,000 | $11.4M |
| GME Gamestop Corp. Class A | put | Reduce -60.6% | 485,600 | $11.2M |
| DHR Danaher Corp. | put | New | 59,000 | $11.2M |
| BABA Alibaba Group Holding-SP ADR | put | New | 87,000 | $10.9M |
| BAC Bank of America Corp. | put | Add +27.8% | 213,100 | $10.4M |
| GOOG Alphabet Inc. Class C | put | Add +144.9% | 36,000 | $10.3M |
| AGNC AGNC Investment Corp. | put | Reduce -44.4% | 1,000,000 | $10.0M |
| HIMS Hims & Hers Health Inc. | put | Sold out | 300,800 | $9.8Mbefore exit |
| TSM Taiwan Semiconductor-SP ADR | put | Reduce -91.5% | 28,700 | $9.7M |
| TCOM Trip.com Group Ltd.-ADR | put | Sold out | 123,600 | $8.9Mbefore exit |
| CVLT Commvault Systems Inc. | put | Sold out | 68,100 | $8.5Mbefore exit |
| CB Chubb Ltd. | put | New | 25,800 | $8.4M |
| ECHO Echostar Corp. Class A | put | Sold out | 75,800 | $8.2Mbefore exit |
| PLTR Palantir Technologies Inc. Class A | put | New | 56,200 | $8.2M |
| NEE Nextera Energy Inc. | put | Add +577.6% | 84,700 | $7.9M |
| AMZN Amazon.com Inc. | put | New | 35,300 | $7.4M |
| ECPG Encore Capital Group Inc. | put | New | 102,000 | $7.2M |
| CRWD CrowdStrike Holdings Inc. Class A | put | New | 18,300 | $7.1M |
| AGNC AGNC Investment Corp. | call | New | 700,000 | $7.0M |
Showing the first 50 of 149.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) | NOTE 3.875% 9/1 · principal | Add +25.8% | 63,900,000 | $77.6M |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | Sold out | 62,077,000 | $62.2Mbefore exit |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Add +130.0% | 46,000,000 | $50.7M |
| COINBASE GLOBAL INC (COIN 0.25 04/01/30) | NOTE 0.250% 4/0 · principal | Sold out | 37,200,000 | $38.2Mbefore exit |
| TXNM ENERGY INC (TXNM 5.75 06/01/54) | NOTE 5.750% 6/0 · principal | Add +20.0% | 27,000,000 | $36.1M |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | Add +12.9% | 30,700,000 | $35.2M |
| PELOTON INTERACTIVE INC (PTON 5.5 12/01/29) | NOTE 5.500%12/0 · principal | Add +4.4% | 23,500,000 | $31.5M |
| ANI PHARMACEUTICALS INC (ANIP 2.25 09/01/29) | NOTE 2.250% 9/0 · principal | Reduce -11.0% | 20,150,000 | $24.9M |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Reduce -29.4% | 24,000,000 | $23.0M |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | Sold out | 21,840,000 | $21.8Mbefore exit |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | Reduce -47.3% | 25,000,000 | $21.0M |
| SILVERCORP METALS INC | NOTE 4.750%12/1 · principal | Add +23.1% | 8,000,000 | $20.6M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Add +50.0% | 300,000 | $19.6M |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Add +29.5% | 14,895,000 | $17.7M |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | Reduce -11.1% | 20,000,000 | $17.4M |
| KOSMOS ENERGY LTD (KOS 3.125 03/15/30) | NOTE 3.125% 3/1 · principal | Sold out | 38,250,000 | $16.3Mbefore exit |
| PENNYMAC CORP (PMT 8.5 06/01/29) | NOTE 8.500% 6/0 · principal | Reduce -24.7% | 15,250,000 | $15.9M |
| BLACKLINE INC (BL 1 06/01/29) | NOTE 1.000% 6/0 · principal | Reduce -29.7% | 13,005,000 | $12.2M |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | New | 12,000,000 | $11.8M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Add +33.3% | 200,000 | $11.3M |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | New | 10,263,000 | $10.5M |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | NOTE 5.875%10/0 · principal | Add +20.0% | 9,000,000 | $8.5M |
| PAR TECHNOLOGY CORP (PAR 1 01/15/30) | NOTE 1.000% 1/1 · principal | New | 10,200,000 | $7.9M |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Sold out | 150,000 | $7.5Mbefore exit |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | Sold out | 6,382,000 | $6.3Mbefore exit |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | Reduce -49.5% | 5,107,000 | $5.9M |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | Sold out | 5,250,000 | $5.7Mbefore exit |
| NEXTERA ENERGY INC (NEE 7.375 02/15/29) | UNIT 02/15/2029 | New | 100,000 | $5.0M |
| PAR TECHNOLOGY CORP (PAR 2.875 04/15/26) | NOTE 2.875% 4/1 · principal | Sold out | 4,830,000 | $4.9Mbefore exit |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | New | 100,000 | $4.6M |
| PPL CORPORATION (PPL 7 02/15/29) | UNIT 02/15/2029 | New | 80,000 | $4.1M |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Reduce -51.5% | 2,121,000 | $2.9M |
| NOVANTA INC (NOVT 6.5 11/01/28) | UNIT 11/01/2028 | Sold out | 50,000 | $2.7Mbefore exit |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | Reduce -16.4% | 167,298 | $239K |
| KRAQW Krakacq Corp. -31 | *W EXP 12/23/203 | New | 175,001 | $105K |
| IEAGR Infinite Eagle Acquis-Rights | RIGHT 01/13/2031 | New | 450,000 | $81K |
| CLBR.WS Colombier Acquisition - 31 | *W EXP 12/31/203 | New | 62,501 | $62K |
| ALUB.WS Alussa Energy Acquisition-30 | *W EXP 99/99/999 | Add +0.1% | 166,667 | $60K |
| OIMAW Oneim Acquisition - 30 | *W EXP 01/07/203 | New | 83,334 | $54K |
| ADACW American Dr Acq A -30 | *W EXP 02/06/203 | Add +0.1% | 166,667 | $50K |
| SBXE.WS Silverbox Corp. V | *W EXP 09/16/203 | Add +0.1% | 116,667 | $49K |
| ARCIW Archimedes Tech Spac Partner | *W EXP 01/23/203 | New | 62,501 | $33K |
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 |