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

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.9B Q1 2024 Q2 2024: $1.9B Q2 2024 Q3 2024: $1.8B Q3 2024 Q4 2024: $1.8B $1.8B Q4 2024 Q1 2025: $2.0B Q1 2025 Q2 2025: $1.8B Q2 2025 Q3 2025: $1.9B Q3 2025 Q4 2025: $2.1B Q4 2025 Q1 2026: $2.2B Q1 2026 Q2 2026: $1.7B Q2 2026

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%
EQX Equinox Gold Corp. 0.34% 1,220,841 $6.1M Add +28.4%
TNC Tennant Co. 0.34% 74,204 $6.0M New
OXM Oxford Industries Inc. 0.34% 75,915 $6.0M Add +207.4%
IIIN Insteel Industries Inc. 0.33% 215,159 $5.8M New
HCSG Healthcare Services Group 0.32% 483,511 $5.6M Add +67.9%
WABC Westamerica Bancorporation 0.31% 103,648 $5.4M New
INCY Incyte Corp. 0.30% 76,771 $5.3M Reduce -13.5%
RGP Resources Connection Inc. 0.29% 604,617 $5.2M Add +8.8%
FLGT Fulgent Genetics Inc. 0.27% 259,010 $4.8M Add +3.7%
PATH Uipath Inc. Class A 0.26% 360,149 $4.6M Add +1.4%
NTR Nutrien Ltd. 0.24% 95,590 $4.3M Reduce -13.4%
MYE Myers Industries Inc. 0.24% 386,653 $4.3M New
RSKD Riskified Ltd. Class A 0.23% 880,786 $4.2M Add +14.0%
TFX Teleflex Inc. 0.23% 22,981 $4.1M New
SIRI Sirius XM Holdings Inc. 0.23% 178,908 $4.1M New
WRBY Warby Parker Inc. Class A 0.22% 164,946 $4.0M Reduce -57.0%
HXL Hexcel Corp. 0.22% 62,376 $3.9M New
LEA Lear Corp. 0.22% 40,400 $3.8M New
LKQ LKQ Corp. 0.21% 102,440 $3.8M Reduce -42.8%
ATNI Atn International Inc. 0.21% 217,557 $3.7M New
GNTX Gentex Corp. 0.20% 126,842 $3.6M Reduce -13.6%
IPGP Ipg Photonics Corp. 0.20% 49,805 $3.6M Add +128.7%
NAK Northern Dynasty Minerals 0.19% 5,754,834 $3.3M Reduce -17.8%
UFI Unifi Inc. 0.18% 513,014 $3.2M Reduce -10.4%
UNIT Uniti Group LLC Com SHS 0.18% 578,903 $3.2M New
EMN Eastman Chemical Co. 0.18% 34,788 $3.2M Reduce -21.6%
AVD American Vanguard Corp. 0.17% 643,092 $3.0M Reduce -9.7%
HURC Hurco Companies Inc. 0.16% 149,857 $2.9M Reduce -10.2%
TBI Trueblue Inc. 0.16% 341,383 $2.9M Add +45.5%
SMP Standard Motor Prods 0.16% 90,844 $2.8M Reduce -13.8%
NGVT Ingevity Corp. 0.16% 68,059 $2.8M New
BTG B2GOLD Corp. 0.15% 1,116,489 $2.7M Add +30.4%
TXG 10X Genomics Inc. Class A 0.15% 189,221 $2.7M New
MG Mistras Group Inc. 0.14% 283,509 $2.6M Reduce -10.0%
CVS CVS Health Corp. 0.14% 56,578 $2.5M New
FORR Forrester Research Inc. 0.14% 161,594 $2.5M New
PERI Perion Network Ltd. 0.14% 295,808 $2.5M Reduce -13.4%
EAF Graftech International Ltd. 0.14% 1,434,406 $2.5M Reduce -13.6%
MLKN Millerknoll Inc. 0.12% 97,458 $2.2M New
TROX Tronox Holdings PLC 0.12% 209,858 $2.1M New
DOLE Dole PLC 0.12% 155,841 $2.1M New
SEE Sealed Air Corp. 0.11% 59,953 $2.0M Reduce -13.6%
BILL Bill Holdings Inc. 0.11% 22,798 $1.9M Reduce -92.1%
FL Foot Locker Inc. 0.10% 85,023 $1.9M New
HUCK Huckleberry AI Inc. filed as DOMO INC 0.09% 220,475 $1.6M Reduce -13.9%
BOOM DMC Global Inc. 0.08% 196,289 $1.4M New
TBRG Trubridge Inc. 0.08% 72,483 $1.4M Reduce -63.3%
JOUT Johnson Outdoors Inc. Class A 0.08% 43,148 $1.4M Reduce -13.8%
VPG Vishay Precision Group 0.07% 52,373 $1.2M New
RIVN Rivian Automotive Inc. Class A 0.05% 70,688 $940K Reduce -13.8%
LEXX Lexaria Bioscience Corp. 0.05% 410,731 $863K Reduce -13.7%
PETS Petmed Express Inc. 0.04% 148,422 $715K Reduce -14.0%
PRPL Purple Innovation Inc. 0.03% 795,176 $620K New

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 115$1.7BGPN, UHS, WDAY, XRAY, SPSC
Q1 2026 148$2.2BCHRD, WDAY, GPN, PVH, TFX
Q4 2025 144$2.1BVTRS, GPN, XRAY, AKAM, EGO
Q3 2025 141$1.9BGPN, XRAY, EGO, VTRS, ACHC
Q2 2025 148$1.8BGPN, XRAY, VTRS, EGO, RNG
Q1 2025 168$2.0BVTRS, AKAM, GPN, TFX, LYFT
Q4 2024 153$1.8BGPN, XRAY, ES, VTRS, TAP
Q3 2024 141$1.8BGPN, MTB, LYFT, VTRS, ZM
Q2 2024 157$1.9BES, CHRD, GPN, T, VTRS
Q1 2024 145$1.9BCHRD, CLVT, VTRS, SSNC, T