Invenomic Capital Management LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Invenomic Capital Management LP reported 153 stock positions worth $1.8 billion. Its top holding was Global Payments (GPN) at 3.4% of the portfolio, followed by Dentsply Sirona (XRAY, 2.8%) and Eversource Energy (ES, 2.7%). Compared with Q3 2024, it opened 37 new positions, sold out of 25, added to 48 and reduced 68. The biggest buy was Dentsply Sirona (XRAY, shares +201%) and the biggest sale M & T Bank (MTB, shares −66%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001769456
- Portfolio Value
- $1.8B (Q4 2024)
- SEC Filing
- 0001214659-25-002834 ↗ filed Feb 14, 2025
Holdings Value
Holdings 153 stocks · $1.8B
| GPN Global Payments Inc. | 3.37% | 535,454 | $60.0M | Reduce -21.5% |
| XRAY Dentsply Sirona Inc. | 2.82% | 2,639,161 | $50.1M | Add +201.0% |
| ES Eversource Energy | 2.74% | 849,698 | $48.8M | Add +35.6% |
| VTRS Viatris Inc. | 2.28% | 3,260,431 | $40.6M | Reduce -13.3% |
| TAP Molson Coors Beverage Co. Class B | 2.10% | 652,121 | $37.4M | Add +25.6% |
| CHRD Chord Energy Corp. | 2.06% | 313,246 | $36.6M | Add +18.9% |
| MTCH Match Group Inc. | 2.04% | 1,106,876 | $36.2M | Add +189.7% |
| CLVT Clarivate PLC | 1.88% | 6,585,707 | $33.5M | Add +11.3% |
| SON Sonoco Products Co. | 1.83% | 666,430 | $32.6M | Add +368.6% |
| AKAM Akamai Technologies Inc. | 1.82% | 338,089 | $32.3M | Add +92.1% |
| T AT&T Inc. | 1.68% | 1,315,793 | $30.0M | Reduce -13.9% |
| CNXC Concentrix Corp. | 1.62% | 666,433 | $28.8M | Add +41.1% |
| ST Sensata Technologies Holdplc | 1.61% | 1,044,180 | $28.6M | Add +21.8% |
| SSNC Ss&c Technologies Holdings | 1.58% | 369,861 | $28.0M | Reduce -13.9% |
| PGNY Progyny Inc. | 1.57% | 1,622,129 | $28.0M | Reduce -7.9% |
| OVV Ovintiv Inc. | 1.52% | 665,671 | $27.0M | Reduce -13.2% |
| LYFT LYFT Inc. Class A | 1.49% | 2,048,165 | $26.4M | Reduce -42.3% |
| ZM Zoom Communications Inc. | 1.33% | 289,926 | $23.7M | Reduce -52.6% |
| FIVE Five Below | 1.31% | 222,401 | $23.3M | Add +11.7% |
| NOMD Nomad Foods Ltd. | 1.29% | 1,368,763 | $23.0M | Reduce -10.7% |
| DNB Dun & Bradstreet Holdings Inc. | 1.27% | 1,812,722 | $22.6M | Reduce -17.3% |
| PLD Prologis Inc. | 1.24% | 207,979 | $22.0M | New |
| SOLV Solventum Corp. | 1.19% | 320,609 | $21.2M | Reduce -45.2% |
| UPWK Upwork Inc. | 1.13% | 1,224,587 | $20.0M | Reduce -47.5% |
| COUR Coursera Inc. | 1.11% | 2,316,713 | $19.7M | Reduce -13.9% |
| PENN Penn Entertainment Inc. | 1.10% | 989,765 | $19.6M | Reduce -13.8% |
| STT State Street Corp. | 1.09% | 197,385 | $19.4M | Reduce -28.6% |
| SSTK Shutterstock Inc. | 1.03% | 601,490 | $18.3M | Add +28.1% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 1.02% | 96,475 | $18.1M | Reduce -65.8% |
| UDMY Udemy Inc. | 1.01% | 2,172,334 | $17.9M | Reduce -10.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.99% | 459,437 | $17.6M | New |
| KHC The Kraft Heinz Co. | 0.98% | 565,423 | $17.4M | Reduce -13.7% |
| UGI Ugi Corp. | 0.98% | 614,910 | $17.4M | Add +118.2% |
| WEX Wex Inc. | 0.94% | 95,123 | $16.7M | New |
| MUR Murphy Oil Corp. | 0.89% | 522,716 | $15.8M | Add +7.8% |
| CIVI Civitas Resources Inc. | 0.88% | 341,843 | $15.7M | Reduce -13.3% |
| M Macy's Inc. | 0.86% | 900,040 | $15.2M | Add +13.1% |
| JACK Jack in the Box Inc. | 0.84% | 356,757 | $14.9M | Add +40.7% |
| EGO Eldorado Gold Corp. | 0.83% | 995,852 | $14.8M | Reduce -13.5% |
| VRNT Verint Systems Inc. | 0.82% | 533,825 | $14.7M | New |
| KSS Kohls Corp. | 0.82% | 1,038,760 | $14.6M | Add +0.5% |
| CART Maplebear Inc. | 0.82% | 351,974 | $14.6M | Add +15.3% |
| LEG Leggett & Platt Inc. | 0.82% | 1,517,156 | $14.6M | Add +64.6% |
| EGHT 8X8 Inc. | 0.78% | 5,187,548 | $13.9M | Reduce -6.2% |
| EXPE Expedia Group Inc. | 0.72% | 69,099 | $12.9M | Reduce -63.3% |
| PYPL PayPal Holdings Inc. | 0.72% | 149,844 | $12.8M | Reduce -51.5% |
| HAIN Hain Celestial Group Inc. | 0.70% | 2,018,989 | $12.4M | Reduce -13.8% |
| INGM Ingram Micro Holding Corp. | 0.69% | 633,515 | $12.3M | New |
| KGC Kinross Gold Corp. | 0.67% | 1,286,785 | $11.9M | Reduce -14.0% |
| MNRO Monro Inc. | 0.67% | 479,427 | $11.9M | Add +7.5% |
| ARRY Array Technologies Inc. | 0.66% | 1,932,203 | $11.7M | Add +104.8% |
| HSII Heidrick & Struggles Intl | 0.65% | 261,933 | $11.6M | Reduce -26.3% |
| AIN Albany Intl Corp. Class A | 0.65% | 144,842 | $11.6M | New |
| RAMP Liveramp Holdings Inc. | 0.65% | 381,020 | $11.6M | Add +12.9% |
| VZ Verizon Communications Inc. | 0.64% | 284,690 | $11.4M | Reduce -53.0% |
| VSH Vishay Intertechnology Inc. | 0.64% | 669,874 | $11.3M | Add +173.5% |
| IQV Iqvia Holdings Inc. | 0.59% | 53,149 | $10.4M | New |
| SSYS Stratasys Ltd. | 0.58% | 1,163,934 | $10.3M | Reduce -11.4% |
| VRN Veren Inc. | 0.58% | 1,993,031 | $10.2M | Add +29.5% |
| CNNE Cannae Holdings Inc. | 0.57% | 512,294 | $10.2M | New |
| HII Huntington Ingalls Industrie | 0.56% | 52,681 | $10.0M | New |
| CXW Corecivic Inc. | 0.56% | 454,831 | $9.9M | Reduce -55.7% |
| ABNB Airbnb Inc. Class A | 0.55% | 74,616 | $9.8M | Add +88.9% |
| PRGO Perrigo Co. PLC | 0.55% | 378,839 | $9.7M | Reduce -13.5% |
| EZPW Ezcorp Inc. Class A | 0.54% | 789,768 | $9.7M | Add +317.1% |
| MPC Marathon Petroleum Corp. | 0.54% | 69,103 | $9.6M | New |
| AMN Amn Healthcare Services Inc. | 0.54% | 401,807 | $9.6M | Add +406.3% |
| XYZ Block Inc. | 0.54% | 112,295 | $9.5M | Add +64.4% |
| EVTC Evertec Inc. | 0.54% | 275,979 | $9.5M | Add +48.4% |
| NEM Newmont Corp. | 0.53% | 254,270 | $9.5M | Reduce -46.1% |
| CMP Compass Minerals Internation | 0.53% | 838,707 | $9.4M | Reduce -13.4% |
| SHLS Shoals Technologies Group -A | 0.53% | 1,703,506 | $9.4M | Reduce -13.4% |
| IAS Integral Ad Science Holding | 0.53% | 895,061 | $9.3M | Add +52.9% |
| FLYW Flywire Corp.-Voting | 0.51% | 441,955 | $9.1M | Reduce -35.1% |
| RLJ RLJ Lodging Trust | 0.51% | 885,028 | $9.0M | New |
| DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC | 0.51% | 271,884 | $9.0M | Reduce -13.5% |
| DINO HF Sinclair Corp. | 0.50% | 254,115 | $8.9M | New |
| TDOC Teladoc Health Inc. | 0.50% | 973,650 | $8.9M | Reduce -34.0% |
| FARO Faro Technologies Inc. | 0.49% | 341,970 | $8.7M | Reduce -13.8% |
| BKH Black Hills Corp. | 0.48% | 146,171 | $8.6M | Add +8.2% |
| HELE Helen of Troy Ltd. | 0.48% | 141,986 | $8.5M | Reduce -38.6% |
| NGD New Gold Inc. | 0.47% | 3,359,392 | $8.3M | Reduce -16.4% |
| W Wayfair Inc. Class A | 0.47% | 187,098 | $8.3M | New |
| INTC Intel Corp. | 0.47% | 413,151 | $8.3M | Add +79.7% |
| CXT Crane NXT Co. | 0.46% | 139,888 | $8.1M | New |
| SNAP Snap Inc. Class A | 0.43% | 707,817 | $7.6M | Add +222.4% |
| SBH Sally Beauty Holdings Inc. | 0.43% | 725,691 | $7.6M | Add +43.6% |
| AAP Advance Auto Parts Inc. | 0.42% | 157,644 | $7.5M | Add +83.9% |
| VIVID SEATS INC | 0.42% | 1,595,224 | $7.4M | Reduce -13.5% |
| PLOW Douglas Dynamics Inc. | 0.41% | 305,662 | $7.2M | Add +43.1% |
| ETSY Etsy Inc. | 0.40% | 134,357 | $7.1M | Reduce -13.5% |
| FFWM First Foundation Inc. | 0.39% | 1,123,530 | $7.0M | Reduce -16.3% |
| ZD Ziff Davis Inc. | 0.39% | 128,120 | $7.0M | Add +26.6% |
| MLCO Melco Resorts & Entert-ADR | 0.39% | 1,199,375 | $6.9M | Reduce -35.7% |
| BPOP Popular Inc. | 0.38% | 71,652 | $6.7M | New |
| CPA Copa Holdings SA Class A | 0.37% | 75,220 | $6.6M | Add +98.3% |
| ENOV Enovis Corp. | 0.37% | 150,119 | $6.6M | New |
| FRSH Freshworks Inc. Class A | 0.36% | 396,278 | $6.4M | Reduce -13.5% |
| CAG Conagra Brands Inc. | 0.35% | 225,792 | $6.3M | Reduce -13.5% |
| SNX TD Synnex Corp. | 0.35% | 52,521 | $6.2M | Reduce -71.5% |
Options reported separately and not counted above: QQQ puts ($191.7M), SPY puts ($117.2M), ZION puts ($5.4M), SNV puts ($3.8M), CFG puts ($3.3M), CADE puts ($1.7M).
Portfolio Sells Q3 2024 → Q4 2024
| MTB M & T Bank Corp. | Reduce -65.8% | 1.02% | −1.75 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −1.30 |
| SOLV Solventum Corp. | Reduce -45.2% | 1.19% | −1.06 |
| ZM Zoom Communications Inc. | Reduce -52.6% | 1.33% | −1.02 |
| LYFT LYFT Inc. Class A | Reduce -42.3% | 1.49% | −1.01 |
| SNX TD Synnex Corp. | Reduce -71.5% | 0.35% | −0.87 |
| VZ Verizon Communications Inc. | Reduce -53.0% | 0.64% | −0.86 |
| NEM Newmont Corp. | Reduce -46.1% | 0.53% | −0.86 |
| EXPE Expedia Group Inc. | Reduce -63.3% | 0.72% | −0.81 |
| BILL Bill Holdings Inc. | Reduce -92.1% | 0.11% | −0.73 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.70 |
| FVRR Fiverr International Ltd. | Sold out | 0.00% | −0.68 |
| PYPL PayPal Holdings Inc. | Reduce -51.5% | 0.72% | −0.61 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.59 |
| AVA Avista Corp. | Sold out | 0.00% | −0.59 |
| COP Conocophillips | Sold out | 0.00% | −0.54 |
| MD Pediatrix Medical Group Inc. | Sold out | 0.00% | −0.50 |
| GPN Global Payments Inc. | Reduce -21.5% | 3.37% | −0.48 |
| SEDG Solaredge Technologies Inc. | Sold out | 0.00% | −0.47 |
| HAIN Hain Celestial Group Inc. | Reduce -13.8% | 0.70% | −0.42 |
| MLCO Melco Resorts & Entert-ADR | Reduce -35.7% | 0.39% | −0.41 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.38 |
| RPD RAPID7 Inc. | Sold out | 0.00% | −0.37 |
| ASTL Algoma Steel Group Inc. | Sold out | 0.00% | −0.36 |
| ILMN Illumina Inc. | Sold out | 0.00% | −0.35 |
| NOMD Nomad Foods Ltd. | Reduce -10.7% | 1.29% | −0.32 |
| NVST Envista Holdings Corp. | Sold out | 0.00% | −0.32 |
| HELE Helen of Troy Ltd. | Reduce -38.6% | 0.48% | −0.31 |
| REZI Resideo Technologies Inc. | Sold out | 0.00% | −0.30 |
| KHC The Kraft Heinz Co. | Reduce -13.7% | 0.98% | −0.29 |
| EGO Eldorado Gold Corp. | Reduce -13.5% | 0.83% | −0.27 |
| STT State Street Corp. | Reduce -28.6% | 1.09% | −0.26 |
| U Unity Software Inc. | Sold out | 0.00% | −0.26 |
| TDOC Teladoc Health Inc. | Reduce -34.0% | 0.50% | −0.25 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.24 |
| CPRI Capri Holdings Ltd. | Sold out | 0.00% | −0.23 |
| MITK Mitek Systems Inc. | Sold out | 0.00% | −0.22 |
| UPWK Upwork Inc. | Reduce -47.5% | 1.13% | −0.22 |
| CIVI Civitas Resources Inc. | Reduce -13.3% | 0.88% | −0.22 |
| TRS Trimas Corp. | Sold out | 0.00% | −0.20 |
| EPD Enterprise Products Partners | Sold out | 0.00% | −0.20 |
| CMTL Comtech Telecommunications | Sold out | 0.00% | −0.19 |
| SSNC Ss&c Technologies Holdings | Reduce -13.9% | 1.58% | −0.18 |
| LKQ LKQ Corp. | Reduce -42.8% | 0.21% | −0.18 |
| DAL Delta Air Lines Inc. | Sold out | 0.00% | −0.18 |
| T AT&T Inc. | Reduce -13.9% | 1.68% | −0.17 |
| NGD New Gold Inc. | Reduce -16.4% | 0.47% | −0.17 |
| ROG Rogers Corp. | Sold out | 0.00% | −0.17 |
| CXW Corecivic Inc. | Reduce -55.7% | 0.56% | −0.16 |
| INMD Inmode Ltd. | Sold out | 0.00% | −0.15 |
Portfolio Buys Q3 2024 → Q4 2024
| XRAY Dentsply Sirona Inc. | Add +201.0% | 2.82% | +1.51 |
| SON Sonoco Products Co. | Add +368.6% | 1.83% | +1.40 |
| MTCH Match Group Inc. | Add +189.7% | 2.04% | +1.24 |
| PLD Prologis Inc. | New | 1.24% | +1.24 |
| SLB SLB Ltd. | New | 0.99% | +0.99 |
| WEX Wex Inc. | New | 0.94% | +0.94 |
| AKAM Akamai Technologies Inc. | Add +92.1% | 1.82% | +0.84 |
| VRNT Verint Systems Inc. | New | 0.82% | +0.82 |
| INGM Ingram Micro Holding Corp. | New | 0.69% | +0.69 |
| AIN Albany Intl Corp. Class A | New | 0.65% | +0.65 |
| IQV Iqvia Holdings Inc. | New | 0.59% | +0.59 |
| UGI Ugi Corp. | Add +118.2% | 0.98% | +0.59 |
| CNNE Cannae Holdings Inc. | New | 0.57% | +0.57 |
| HII Huntington Ingalls Industrie | New | 0.56% | +0.56 |
| MPC Marathon Petroleum Corp. | New | 0.54% | +0.54 |
| RLJ RLJ Lodging Trust | New | 0.51% | +0.51 |
| DINO HF Sinclair Corp. | New | 0.50% | +0.50 |
| W Wayfair Inc. Class A | New | 0.47% | +0.47 |
| CXT Crane NXT Co. | New | 0.46% | +0.46 |
| TAP Molson Coors Beverage Co. Class B | Add +25.6% | 2.10% | +0.45 |
| EZPW Ezcorp Inc. Class A | Add +317.1% | 0.54% | +0.43 |
| ES Eversource Energy | Add +35.6% | 2.74% | +0.39 |
| VSH Vishay Intertechnology Inc. | Add +173.5% | 0.64% | +0.38 |
| BPOP Popular Inc. | New | 0.38% | +0.38 |
| ENOV Enovis Corp. | New | 0.37% | +0.37 |
| AMN Amn Healthcare Services Inc. | Add +406.3% | 0.54% | +0.35 |
| FIVE Five Below | Add +11.7% | 1.31% | +0.34 |
| TNC Tennant Co. | New | 0.34% | +0.34 |
| IIIN Insteel Industries Inc. | New | 0.33% | +0.33 |
| ARRY Array Technologies Inc. | Add +104.8% | 0.66% | +0.31 |
| WABC Westamerica Bancorporation | New | 0.31% | +0.31 |
| SNAP Snap Inc. Class A | Add +222.4% | 0.43% | +0.30 |
| CNXC Concentrix Corp. | Add +41.1% | 1.62% | +0.29 |
| XYZ Block Inc. | Add +64.4% | 0.54% | +0.28 |
| ABNB Airbnb Inc. Class A | Add +88.9% | 0.55% | +0.27 |
| MYE Myers Industries Inc. | New | 0.24% | +0.24 |
| AAP Advance Auto Parts Inc. | Add +83.9% | 0.42% | +0.23 |
| TFX Teleflex Inc. | New | 0.23% | +0.23 |
| SIRI Sirius XM Holdings Inc. | New | 0.23% | +0.23 |
| HXL Hexcel Corp. | New | 0.22% | +0.22 |
| OXM Oxford Industries Inc. | Add +207.4% | 0.34% | +0.22 |
| LEA Lear Corp. | New | 0.22% | +0.22 |
| ATNI Atn International Inc. | New | 0.21% | +0.21 |
| RAMP Liveramp Holdings Inc. | Add +12.9% | 0.65% | +0.19 |
| EVTC Evertec Inc. | Add +48.4% | 0.54% | +0.19 |
| JACK Jack in the Box Inc. | Add +40.7% | 0.84% | +0.18 |
| UNIT Uniti Group LLC Com SHS | New | 0.18% | +0.18 |
| IAS Integral Ad Science Holding | Add +52.9% | 0.53% | +0.18 |
| CPA Copa Holdings SA Class A | Add +98.3% | 0.37% | +0.18 |
| INTC Intel Corp. | Add +79.7% | 0.47% | +0.17 |
Options Activity Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | put | New | 375,000 | $191.7M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 200,000 | $117.2M |
| LYFT LYFT Inc. Class A | call | Sold out | 650,000 | $8.3Mbefore exit |
| ZION Zions Bancorp NA | put | New | 100,000 | $5.4M |
| SNV Synovus Financial Corp. | put | New | 75,000 | $3.8M |
| CFG Citizens Financial Group | put | New | 75,000 | $3.3M |
| CADE Cadence Bank | put | New | 50,000 | $1.7M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 115 | $1.7B | GPN, UHS, WDAY, XRAY, SPSC |
| Q1 2026 | 148 | $2.2B | CHRD, WDAY, GPN, PVH, TFX |
| Q4 2025 | 144 | $2.1B | VTRS, GPN, XRAY, AKAM, EGO |
| Q3 2025 | 141 | $1.9B | GPN, XRAY, EGO, VTRS, ACHC |
| Q2 2025 | 148 | $1.8B | GPN, XRAY, VTRS, EGO, RNG |
| Q1 2025 | 168 | $2.0B | VTRS, AKAM, GPN, TFX, LYFT |
| Q4 2024 | 153 | $1.8B | GPN, XRAY, ES, VTRS, TAP |
| Q3 2024 | 141 | $1.8B | GPN, MTB, LYFT, VTRS, ZM |
| Q2 2024 | 157 | $1.9B | ES, CHRD, GPN, T, VTRS |
| Q1 2024 | 145 | $1.9B | CHRD, CLVT, VTRS, SSNC, T |