Invenomic Capital Management LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Invenomic Capital Management LP reported 168 stock positions worth $2.0 billion. Its top holding was Viatris (VTRS) at 2.9% of the portfolio, followed by Akamai Technologies (AKAM, 2.7%) and Global Payments (GPN, 2.5%). Compared with Q4 2024, it opened 50 new positions, sold out of 35, added to 69 and reduced 49. The biggest buy was Teleflex (TFX, shares +1400%) and the biggest sale an exit from Molson Coors Beverage Class B (TAP).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001769456
- Portfolio Value
- $2.0B (Q1 2025)
- SEC Filing
- 0001214659-25-007823 ↗ filed May 15, 2025
Holdings Value
Holdings 168 stocks · $2.0B
| VTRS Viatris Inc. | 2.85% | 6,436,632 | $56.1M | Add +97.4% |
| AKAM Akamai Technologies Inc. | 2.65% | 647,665 | $52.1M | Add +91.6% |
| GPN Global Payments Inc. | 2.51% | 503,966 | $49.3M | Reduce -5.9% |
| TFX Teleflex Inc. | 2.42% | 344,732 | $47.6M | Add +1400.1% |
| LYFT LYFT Inc. Class A | 2.16% | 3,587,553 | $42.6M | Add +75.2% |
| CHRD Chord Energy Corp. | 2.05% | 357,458 | $40.3M | Add +14.1% |
| ST Sensata Technologies Holdplc | 1.95% | 1,584,088 | $38.4M | Add +51.7% |
| EGO Eldorado Gold Corp. | 1.93% | 2,262,181 | $38.0M | Add +127.2% |
| SON Sonoco Products Co. | 1.93% | 802,195 | $37.9M | Add +20.4% |
| XRAY Dentsply Sirona Inc. | 1.88% | 2,476,906 | $37.0M | Reduce -6.2% |
| MTCH Match Group Inc. | 1.82% | 1,147,791 | $35.8M | Add +3.7% |
| WBD Warner Bros Discovery Inc. | 1.78% | 3,254,123 | $34.9M | New |
| DNB Dun & Bradstreet Holdings Inc. | 1.71% | 3,757,619 | $33.6M | Add +107.3% |
| CLVT Clarivate PLC | 1.69% | 8,480,296 | $33.3M | Add +28.8% |
| PENN Penn Entertainment Inc. | 1.54% | 1,859,112 | $30.3M | Add +87.8% |
| CNXC Concentrix Corp. | 1.51% | 534,264 | $29.7M | Reduce -19.8% |
| PYPL PayPal Holdings Inc. | 1.43% | 431,490 | $28.2M | Add +188.0% |
| OVV Ovintiv Inc. | 1.39% | 639,599 | $27.4M | Reduce -3.9% |
| SSYS Stratasys Ltd. | 1.23% | 2,466,198 | $24.1M | Add +111.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.20% | 566,191 | $23.7M | Add +23.2% |
| AAP Advance Auto Parts Inc. | 1.20% | 600,895 | $23.6M | Add +281.2% |
| VZ Verizon Communications Inc. | 1.18% | 510,403 | $23.2M | Add +79.3% |
| TNC Tennant Co. | 1.13% | 279,800 | $22.3M | Add +277.1% |
| M Macy's Inc. | 1.10% | 1,724,214 | $21.7M | Add +91.6% |
| VRNT Verint Systems Inc. | 1.05% | 1,155,532 | $20.6M | Add +116.5% |
| PVH PVH Corp. | 1.02% | 310,570 | $20.1M | New |
| MUR Murphy Oil Corp. | 0.99% | 684,008 | $19.4M | Add +30.9% |
| FIS Fidelity National Info Serv | 0.98% | 259,355 | $19.4M | New |
| CXW Corecivic Inc. | 0.94% | 907,390 | $18.4M | Add +99.5% |
| IOVA Iovance Biotherapeutics Inc. | 0.93% | 5,489,799 | $18.3M | New |
| EZPW Ezcorp Inc. Class A | 0.92% | 1,229,705 | $18.1M | Add +55.7% |
| MPC Marathon Petroleum Corp. | 0.90% | 121,716 | $17.7M | Add +76.1% |
| SNAP Snap Inc. Class A | 0.88% | 1,983,447 | $17.3M | Add +180.2% |
| FIVE Five Below | 0.88% | 230,258 | $17.3M | Add +3.5% |
| ENOV Enovis Corp. | 0.87% | 449,777 | $17.2M | Add +199.6% |
| SBH Sally Beauty Holdings Inc. | 0.87% | 1,889,310 | $17.1M | Add +160.3% |
| ZM Zoom Communications Inc. | 0.84% | 224,688 | $16.6M | Reduce -22.5% |
| ES Eversource Energy | 0.84% | 266,551 | $16.6M | Reduce -68.6% |
| SSTK Shutterstock Inc. | 0.84% | 885,022 | $16.5M | Add +47.1% |
| LEG Leggett & Platt Inc. | 0.80% | 1,992,319 | $15.8M | Add +31.3% |
| CART Maplebear Inc. | 0.80% | 392,995 | $15.7M | Add +11.7% |
| HII Huntington Ingalls Industrie | 0.80% | 76,699 | $15.6M | Add +45.6% |
| BPOP Popular Inc. | 0.79% | 169,183 | $15.6M | Add +136.1% |
| IQV Iqvia Holdings Inc. | 0.79% | 88,062 | $15.5M | Add +65.7% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.77% | 84,665 | $15.1M | Reduce -12.2% |
| RAMP Liveramp Holdings Inc. | 0.76% | 570,710 | $14.9M | Add +49.8% |
| DOLE Dole PLC | 0.73% | 995,855 | $14.4M | Add +539.0% |
| FLYW Flywire Corp.-Voting | 0.73% | 1,514,615 | $14.4M | Add +242.7% |
| ABNB Airbnb Inc. Class A | 0.72% | 118,757 | $14.2M | Add +59.2% |
| KHC The Kraft Heinz Co. | 0.71% | 458,702 | $14.0M | Reduce -18.9% |
| JACK Jack in the Box Inc. | 0.71% | 511,954 | $13.9M | Add +43.5% |
| COUR Coursera Inc. | 0.70% | 2,080,646 | $13.9M | Reduce -10.2% |
| VSH Vishay Intertechnology Inc. | 0.70% | 871,471 | $13.9M | Add +30.1% |
| MATV Mativ Holdings Inc. | 0.70% | 2,221,597 | $13.8M | New |
| IAS Integral Ad Science Holding | 0.68% | 1,649,983 | $13.3M | Add +84.3% |
| KGC Kinross Gold Corp. | 0.66% | 1,029,943 | $13.0M | Reduce -20.0% |
| HELE Helen of Troy Ltd. | 0.65% | 238,791 | $12.8M | Add +68.2% |
| NGD New Gold Inc. | 0.64% | 3,411,752 | $12.7M | Add +1.6% |
| DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC | 0.62% | 395,989 | $12.2M | Add +45.6% |
| MYE Myers Industries Inc. | 0.62% | 1,018,116 | $12.1M | Add +163.3% |
| CIVI Civitas Resources Inc. | 0.61% | 346,599 | $12.1M | Add +1.4% |
| FHI Federated Hermes Inc. | 0.59% | 286,885 | $11.7M | New |
| CAL Caleres Inc. | 0.59% | 673,011 | $11.6M | New |
| PLOW Douglas Dynamics Inc. | 0.58% | 490,603 | $11.4M | Add +60.5% |
| NEM Newmont Corp. | 0.55% | 225,531 | $10.9M | Reduce -11.3% |
| EVTC Evertec Inc. | 0.54% | 290,508 | $10.7M | Add +5.3% |
| TDOC Teladoc Health Inc. | 0.54% | 1,327,128 | $10.6M | Add +36.3% |
| RRX Regal Rexnord Corp. | 0.53% | 91,595 | $10.4M | New |
| FL Foot Locker Inc. | 0.53% | 737,068 | $10.4M | Add +766.9% |
| IPI Intrepid Potash Inc. | 0.52% | 347,389 | $10.2M | New |
| HSII Heidrick & Struggles Intl | 0.51% | 234,987 | $10.1M | Reduce -10.3% |
| MOS The Mosaic Co. | 0.50% | 366,738 | $9.9M | New |
| AMN Amn Healthcare Services Inc. | 0.50% | 401,248 | $9.8M | Reduce -0.1% |
| INGM Ingram Micro Holding Corp. | 0.49% | 543,709 | $9.6M | Reduce -14.2% |
| WEX Wex Inc. | 0.48% | 60,624 | $9.5M | Reduce -36.3% |
| LZ Legalzoomcom Inc. | 0.48% | 1,098,329 | $9.5M | New |
| IIIN Insteel Industries Inc. | 0.47% | 351,653 | $9.2M | Add +63.4% |
| EQX Equinox Gold Corp. | 0.46% | 1,320,532 | $9.1M | Add +8.2% |
| HAIN Hain Celestial Group Inc. | 0.46% | 2,174,523 | $9.0M | Add +7.7% |
| MNRO Monro Inc. | 0.45% | 610,784 | $8.8M | Add +27.4% |
| KSS Kohls Corp. | 0.45% | 1,080,436 | $8.8M | Add +4.0% |
| RIVN Rivian Automotive Inc. Class A | 0.45% | 709,173 | $8.8M | Add +903.2% |
| MTUS Metallus Inc. | 0.44% | 651,273 | $8.7M | New |
| GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC | 0.43% | 337,075 | $8.6M | New |
| BILL Bill Holdings Inc. | 0.41% | 174,211 | $8.0M | Add +664.1% |
| SEE Sealed Air Corp. | 0.40% | 273,897 | $7.9M | Add +356.9% |
| OXM Oxford Industries Inc. | 0.40% | 132,747 | $7.8M | Add +74.9% |
| EGHT 8X8 Inc. | 0.39% | 3,835,364 | $7.7M | Reduce -26.1% |
| PGNY Progyny Inc. | 0.39% | 340,668 | $7.6M | Reduce -79.0% |
| STT State Street Corp. | 0.37% | 81,449 | $7.3M | Reduce -58.7% |
| ROG Rogers Corp. | 0.37% | 107,251 | $7.2M | New |
| HAE Haemonetics Corp. | 0.34% | 106,730 | $6.8M | New |
| LASR Nlight Inc. | 0.34% | 870,390 | $6.8M | New |
| ADM Archer-Daniels-Midland Co. | 0.34% | 139,667 | $6.7M | New |
| CXT Crane NXT Co. | 0.33% | 125,627 | $6.5M | Reduce -10.2% |
| MHK Mohawk Industries Inc. | 0.33% | 56,023 | $6.4M | New |
| ZD Ziff Davis Inc. | 0.32% | 169,062 | $6.4M | Add +32.0% |
| PENG Penguin Solutions Inc. | 0.32% | 364,632 | $6.3M | New |
| CMP Compass Minerals Internation | 0.32% | 679,694 | $6.3M | Reduce -19.0% |
| FARO Faro Technologies Inc. | 0.32% | 230,114 | $6.3M | Reduce -32.7% |
Options reported separately and not counted above: ZION puts ($5.0M), SNV puts ($3.5M), CFG puts ($3.1M), CADE puts ($1.5M).
Portfolio Sells Q4 2024 → Q1 2025
| TAP Molson Coors Beverage Co. Class B | Sold out | 0.00% | −2.10 |
| ES Eversource Energy | Reduce -68.6% | 0.84% | −1.90 |
| T AT&T Inc. | Sold out | 0.00% | −1.68 |
| SSNC Ss&c Technologies Holdings | Sold out | 0.00% | −1.58 |
| PLD Prologis Inc. | Sold out | 0.00% | −1.24 |
| SOLV Solventum Corp. | Sold out | 0.00% | −1.19 |
| PGNY Progyny Inc. | Reduce -79.0% | 0.39% | −1.19 |
| NOMD Nomad Foods Ltd. | Reduce -84.6% | 0.21% | −1.08 |
| UGI Ugi Corp. | Sold out | 0.00% | −0.98 |
| XRAY Dentsply Sirona Inc. | Reduce -6.2% | 1.88% | −0.94 |
| GPN Global Payments Inc. | Reduce -5.9% | 2.51% | −0.87 |
| UPWK Upwork Inc. | Reduce -62.1% | 0.31% | −0.82 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.72 |
| STT State Street Corp. | Reduce -58.7% | 0.37% | −0.72 |
| UDMY Udemy Inc. | Reduce -66.4% | 0.29% | −0.72 |
| ARRY Array Technologies Inc. | Reduce -89.5% | 0.05% | −0.61 |
| VRN Veren Inc. | Sold out | 0.00% | −0.58 |
| CNNE Cannae Holdings Inc. | Sold out | 0.00% | −0.57 |
| PRGO Perrigo Co. PLC | Sold out | 0.00% | −0.55 |
| ZM Zoom Communications Inc. | Reduce -22.5% | 0.84% | −0.49 |
| BKH Black Hills Corp. | Sold out | 0.00% | −0.48 |
| W Wayfair Inc. Class A | Sold out | 0.00% | −0.47 |
| INTC Intel Corp. | Sold out | 0.00% | −0.47 |
| RLJ RLJ Lodging Trust | Reduce -84.8% | 0.05% | −0.45 |
| WEX Wex Inc. | Reduce -36.3% | 0.48% | −0.45 |
| AIN Albany Intl Corp. Class A | Reduce -51.3% | 0.25% | −0.40 |
| COUR Coursera Inc. | Reduce -10.2% | 0.70% | −0.40 |
| MLCO Melco Resorts & Entert-ADR | Sold out | 0.00% | −0.39 |
| EGHT 8X8 Inc. | Reduce -26.1% | 0.39% | −0.39 |
| CPA Copa Holdings SA Class A | Sold out | 0.00% | −0.37 |
| FRSH Freshworks Inc. Class A | Sold out | 0.00% | −0.36 |
| CAG Conagra Brands Inc. | Sold out | 0.00% | −0.35 |
| SNX TD Synnex Corp. | Sold out | 0.00% | −0.35 |
| HCSG Healthcare Services Group | Sold out | 0.00% | −0.32 |
| SHLS Shoals Technologies Group -A | Reduce -21.1% | 0.23% | −0.30 |
| INCY Incyte Corp. | Sold out | 0.00% | −0.30 |
| XYZ Block Inc. | Reduce -18.1% | 0.25% | −0.28 |
| KHC The Kraft Heinz Co. | Reduce -18.9% | 0.71% | −0.27 |
| MTB M & T Bank Corp. | Reduce -12.2% | 0.77% | −0.25 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −0.24 |
| DINO HF Sinclair Corp. | Reduce -37.0% | 0.27% | −0.23 |
| SIRI Sirius XM Holdings Inc. | Sold out | 0.00% | −0.23 |
| WRBY Warby Parker Inc. Class A | Sold out | 0.00% | −0.22 |
| VIVID SEATS INC | Reduce -19.0% | 0.19% | −0.22 |
| HXL Hexcel Corp. | Sold out | 0.00% | −0.22 |
| LEA Lear Corp. | Sold out | 0.00% | −0.22 |
| LKQ LKQ Corp. | Sold out | 0.00% | −0.21 |
| CMP Compass Minerals Internation | Reduce -19.0% | 0.32% | −0.21 |
| IPGP Ipg Photonics Corp. | Sold out | 0.00% | −0.20 |
| INGM Ingram Micro Holding Corp. | Reduce -14.2% | 0.49% | −0.20 |
Portfolio Buys Q4 2024 → Q1 2025
| TFX Teleflex Inc. | Add +1400.1% | 2.42% | +2.19 |
| WBD Warner Bros Discovery Inc. | New | 1.78% | +1.78 |
| EGO Eldorado Gold Corp. | Add +127.2% | 1.93% | +1.10 |
| PVH PVH Corp. | New | 1.02% | +1.02 |
| FIS Fidelity National Info Serv | New | 0.98% | +0.98 |
| IOVA Iovance Biotherapeutics Inc. | New | 0.93% | +0.93 |
| AKAM Akamai Technologies Inc. | Add +91.6% | 2.65% | +0.83 |
| TNC Tennant Co. | Add +277.1% | 1.13% | +0.79 |
| AAP Advance Auto Parts Inc. | Add +281.2% | 1.20% | +0.78 |
| PYPL PayPal Holdings Inc. | Add +188.0% | 1.43% | +0.71 |
| MATV Mativ Holdings Inc. | New | 0.70% | +0.70 |
| LYFT LYFT Inc. Class A | Add +75.2% | 2.16% | +0.68 |
| SSYS Stratasys Ltd. | Add +111.9% | 1.23% | +0.65 |
| DOLE Dole PLC | Add +539.0% | 0.73% | +0.61 |
| FHI Federated Hermes Inc. | New | 0.59% | +0.59 |
| CAL Caleres Inc. | New | 0.59% | +0.59 |
| VTRS Viatris Inc. | Add +97.4% | 2.85% | +0.57 |
| VZ Verizon Communications Inc. | Add +79.3% | 1.18% | +0.54 |
| RRX Regal Rexnord Corp. | New | 0.53% | +0.53 |
| IPI Intrepid Potash Inc. | New | 0.52% | +0.52 |
| MOS The Mosaic Co. | New | 0.50% | +0.50 |
| ENOV Enovis Corp. | Add +199.6% | 0.87% | +0.50 |
| LZ Legalzoomcom Inc. | New | 0.48% | +0.48 |
| SNAP Snap Inc. Class A | Add +180.2% | 0.88% | +0.45 |
| MTUS Metallus Inc. | New | 0.44% | +0.44 |
| SBH Sally Beauty Holdings Inc. | Add +160.3% | 0.87% | +0.44 |
| PENN Penn Entertainment Inc. | Add +87.8% | 1.54% | +0.44 |
| DNB Dun & Bradstreet Holdings Inc. | Add +107.3% | 1.71% | +0.44 |
| GOLD Gold.com Inc. | New | 0.43% | +0.43 |
| FL Foot Locker Inc. | Add +766.9% | 0.53% | +0.42 |
| BPOP Popular Inc. | Add +136.1% | 0.79% | +0.42 |
| RIVN Rivian Automotive Inc. Class A | Add +903.2% | 0.45% | +0.40 |
| CXW Corecivic Inc. | Add +99.5% | 0.94% | +0.38 |
| EZPW Ezcorp Inc. Class A | Add +55.7% | 0.92% | +0.38 |
| MYE Myers Industries Inc. | Add +163.3% | 0.62% | +0.38 |
| ROG Rogers Corp. | New | 0.37% | +0.37 |
| MPC Marathon Petroleum Corp. | Add +76.1% | 0.90% | +0.36 |
| ST Sensata Technologies Holdplc | Add +51.7% | 1.95% | +0.35 |
| HAE Haemonetics Corp. | New | 0.34% | +0.34 |
| LASR Nlight Inc. | New | 0.34% | +0.34 |
| ADM Archer-Daniels-Midland Co. | New | 0.34% | +0.34 |
| MHK Mohawk Industries Inc. | New | 0.33% | +0.33 |
| PENG Penguin Solutions Inc. | New | 0.32% | +0.32 |
| B Barrick Gold Corp. | New | 0.31% | +0.31 |
| QTRX Quanterix Corp. | New | 0.30% | +0.30 |
| BILL Bill Holdings Inc. | Add +664.1% | 0.41% | +0.30 |
| SEE Sealed Air Corp. | Add +356.9% | 0.40% | +0.29 |
| LYB Lyondellbasell Indu Class A | New | 0.28% | +0.28 |
| U Unity Software Inc. | New | 0.28% | +0.28 |
| M Macy's Inc. | Add +91.6% | 1.10% | +0.24 |
Options Activity Q4 2024 → Q1 2025
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 375,000 | $191.7Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 200,000 | $117.2Mbefore exit |
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 |