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

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 Q4 2024 Q1 2025: $2.0B $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 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%
B Barrick Gold Corp. 0.31% 313,515 $6.1M New
UPWK Upwork Inc. 0.31% 464,564 $6.1M Reduce -62.1%
QTRX Quanterix Corp. 0.30% 902,043 $5.9M New
GNTX Gentex Corp. 0.29% 244,966 $5.7M Add +93.1%
UDMY Udemy Inc. 0.29% 729,228 $5.7M Reduce -66.4%
LYB Lyondellbasell Indu Class A 0.28% 78,909 $5.6M New
ETSY Etsy Inc. 0.28% 117,239 $5.5M Reduce -12.7%
U Unity Software Inc. 0.28% 280,044 $5.5M New
PATH Uipath Inc. Class A 0.28% 528,839 $5.4M Add +46.8%
DINO HF Sinclair Corp. 0.27% 160,031 $5.3M Reduce -37.0%
RGP Resources Connection Inc. 0.26% 788,952 $5.2M Add +30.5%
WABC Westamerica Bancorporation 0.26% 100,282 $5.1M Reduce -3.3%
XYZ Block Inc. 0.25% 91,993 $5.0M Reduce -18.1%
AIN Albany Intl Corp. Class A 0.25% 70,611 $4.9M Reduce -51.3%
FFWM First Foundation Inc. 0.24% 908,973 $4.7M Reduce -19.1%
GETY Getty Images Holdings Inc. 0.24% 2,685,497 $4.6M New
LDOS Leidos Holdings Inc. 0.23% 33,833 $4.6M New
SHLS Shoals Technologies Group -A 0.23% 1,343,813 $4.5M Reduce -21.1%
AMG Affiliated Managers Group 0.22% 25,954 $4.4M New
ATNI Atn International Inc. 0.22% 212,640 $4.3M Reduce -2.3%
NABL N-Able Inc. 0.21% 591,233 $4.2M New
NOMD Nomad Foods Ltd. 0.21% 210,687 $4.1M Reduce -84.6%
MATW Matthews Intl Corp. Class A 0.21% 185,173 $4.1M New
CMCSA Comcast Corp. Class A 0.21% 110,152 $4.1M New
FLGT Fulgent Genetics Inc. 0.20% 236,172 $4.0M Reduce -8.8%
VC Visteon Corp. 0.20% 50,859 $3.9M New
VIVID SEATS INC 0.19% 1,292,094 $3.8M Reduce -19.0%
BXC Bluelinx Holdings Inc. 0.18% 48,228 $3.6M New
ALGN Align Technology Inc. 0.18% 22,506 $3.6M New
MLKN Millerknoll Inc. 0.18% 183,541 $3.5M Add +88.3%
BL Blackline Inc. 0.18% 71,592 $3.5M New
RSKD Riskified Ltd. Class A 0.17% 705,774 $3.3M Reduce -19.9%
CENTA Central Garden and Pet Co. Class A 0.16% 98,484 $3.2M New
TROX Tronox Holdings PLC 0.16% 450,882 $3.2M Add +114.8%
OEC Orion SA 0.16% 241,707 $3.1M New
SMP Standard Motor Prods 0.15% 122,088 $3.0M Add +34.4%
SPT Sprout Social Inc. Class A 0.15% 137,991 $3.0M New
FORR Forrester Research Inc. 0.15% 322,163 $3.0M Add +99.4%
VPG Vishay Precision Group 0.15% 120,633 $2.9M Add +130.3%
WHR Whirlpool Corp. 0.14% 31,501 $2.8M New
BKD Brookdale Senior Living Inc. 0.14% 436,170 $2.7M New
BTG B2GOLD Corp. 0.13% 872,494 $2.5M Reduce -21.9%
AVD American Vanguard Corp. 0.12% 555,069 $2.4M Reduce -13.7%
UFI Unifi Inc. 0.12% 500,832 $2.4M Reduce -2.4%
EMN Eastman Chemical Co. 0.12% 27,128 $2.4M Reduce -22.0%
HURC Hurco Companies Inc. 0.12% 146,326 $2.3M Reduce -2.4%
ACHC Acadia Healthcare Co. Inc. 0.11% 71,779 $2.2M New
MTN Vail Resorts Inc. 0.11% 13,582 $2.2M New
LOVE The Lovesac Co. 0.11% 117,896 $2.1M New
RPD RAPID7 Inc. 0.11% 79,049 $2.1M New
LSPD Lightspeed Commerce Inc. 0.10% 224,288 $2.0M New
AVDL Avadel Pharmaceuticals Ltd. 0.09% 228,026 $1.8M New
TBI Trueblue Inc. 0.09% 326,262 $1.7M Reduce -4.4%
RMAX Re/Max Holdings Inc. Class A 0.07% 175,403 $1.5M New
BOOM DMC Global Inc. 0.07% 171,259 $1.4M Reduce -12.8%
DV Doubleverify Holdings Inc. 0.07% 100,000 $1.3M New
HUCK Huckleberry AI Inc. filed as DOMO INC 0.07% 171,853 $1.3M Reduce -22.1%
KOP Koppers Holdings Inc. 0.06% 40,828 $1.1M New
EAF Graftech International Ltd. 0.06% 1,251,894 $1.1M Reduce -12.7%
RLJ RLJ Lodging Trust 0.05% 134,070 $1.1M Reduce -84.8%
ARRY Array Technologies Inc. 0.05% 202,000 $984K Reduce -89.5%
LEXX Lexaria Bioscience Corp. 0.05% 549,947 $940K Add +33.9%
SMG Scotts Miracle-Gro Co. 0.05% 16,830 $924K New
JOUT Johnson Outdoors Inc. Class A 0.04% 34,617 $860K Reduce -19.8%
LAND Gladstone Land Corp. 0.03% 60,646 $638K New
PRPL Purple Innovation Inc. 0.03% 759,953 $577K Reduce -4.4%
PETS Petmed Express Inc. 0.02% 115,740 $485K Reduce -22.0%
TCMD Tactile Systems Technology I 0.01% 22,390 $296K New

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

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