Invenomic Capital Management LP

Name: Invenomic Capital Management LP 13F holdings, Q3 2025
Creator: Invenomic Capital Management LP
Published: 2025-11-14

Q2 2026Q1 2026Q4 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Invenomic Capital Management LP reported 141 stock positions worth $1.9 billion. Its top holding was Global Payments (GPN) at 3.0% of the portfolio, followed by Dentsply Sirona (XRAY, 2.9%) and Eldorado Gold (EGO, 2.8%). Compared with Q2 2025, it opened 36 new positions, sold out of 43, added to 42 and reduced 61. The biggest buy was a new position in Upwork (UPWK) and the biggest sale an exit from Advance Auto Parts (AAP).

Most Recent 13F: Q2 2026
Location: BOSTON, MA
CIK: 0001769456
Portfolio Value: $1.9B (Q3 2025)
SEC Filing: 0001214659-25-016624 ↗ filed Nov 14, 2025

Holdings Value

Holdings 141 stocks · $1.9B


GPN Global Payments Inc.	2.96%	681,094	$56.6M	Add +11.1%
XRAY Dentsply Sirona Inc.	2.89%	4,351,199	$55.2M	Add +48.7%
EGO Eldorado Gold Corp.	2.84%	1,879,102	$54.3M	Reduce -7.5%
VTRS Viatris Inc.	2.80%	5,413,109	$53.6M	Add +16.6%
ACHC Acadia Healthcare Co. Inc.	2.51%	1,936,396	$47.9M	Add +41.6%
TFX Teleflex Inc.	2.47%	385,672	$47.2M	Add +35.6%
RNG Ringcentral Inc. Class A	2.20%	1,482,447	$42.0M	Add +3.9%
PVH PVH Corp.	2.16%	493,435	$41.3M	Add +19.1%
CNXC Concentrix Corp.	1.98%	822,345	$38.0M	Add +19.7%
AKAM Akamai Technologies Inc.	1.98%	499,097	$37.8M	Add +16.6%
SON Sonoco Products Co.	1.90%	843,451	$36.3M	Add +30.6%
ST Sensata Technologies Holdplc	1.87%	1,172,255	$35.8M	Reduce -1.8%
BILL Bill Holdings Inc.	1.77%	639,922	$33.9M	Reduce -0.7%
EQX Equinox Gold Corp.	1.75%	2,977,210	$33.4M	Reduce -17.7%
CLVT Clarivate PLC	1.74%	8,703,045	$33.3M	Reduce -7.3%
LYFT LYFT Inc. Class A	1.63%	1,411,677	$31.1M	Reduce -37.1%
PENN Penn Entertainment Inc.	1.58%	1,569,939	$30.2M	Add +6.9%
MTB M & T Bank Corp. filed as M & T BK CORP	1.52%	146,967	$29.0M	Reduce -7.0%
TNC Tennant Co.	1.40%	329,915	$26.7M	Reduce -5.9%
UPWK Upwork Inc.	1.30%	1,334,541	$24.8M	New
HAE Haemonetics Corp.	1.27%	498,317	$24.3M	Add +1691.5%
SSYS Stratasys Ltd.	1.25%	2,134,033	$23.9M	Reduce -20.1%
VZ Verizon Communications Inc.	1.24%	538,964	$23.7M	Add +280.1%
FUN Six Flags Entertainment Corp.	1.23%	1,034,288	$23.5M	New
ABM Abm Industries Inc.	1.21%	499,838	$23.1M	Add +86.6%
IOVA Iovance Biotherapeutics Inc.	1.20%	10,541,608	$22.9M	Add +27.1%
DV Doubleverify Holdings Inc.	1.13%	1,808,905	$21.7M	New
ENOV Enovis Corp.	1.13%	712,669	$21.6M	Add +22.7%
LEG Leggett & Platt Inc.	1.09%	2,344,306	$20.8M	Add +44.1%
DOLE Dole PLC	1.08%	1,540,959	$20.7M	Add +24.3%
INGM Ingram Micro Holding Corp.	1.04%	929,332	$20.0M	Add +58.2%
CNMD Conmed Corp.	1.03%	420,003	$19.8M	New
BKH Black Hills Corp.	1.03%	318,356	$19.6M	New
CHRD Chord Energy Corp.	1.03%	197,300	$19.6M	Reduce -7.7%
MATV Mativ Holdings Inc.	1.00%	1,688,881	$19.1M	Reduce -20.3%
CART Maplebear Inc.	0.92%	479,404	$17.6M	Reduce -14.9%
AIN Albany Intl Corp. Class A	0.90%	323,995	$17.3M	New
ECVT Ecovyst Inc.	0.87%	1,909,686	$16.7M	New
OMC Omnicom Group	0.85%	199,906	$16.3M	Reduce -7.1%
DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC	0.82%	452,560	$15.7M	Reduce -6.8%
ZD Ziff Davis Inc.	0.81%	408,449	$15.6M	Add +86.0%
SEE Sealed Air Corp.	0.81%	438,282	$15.5M	Add +18.5%
SSTK Shutterstock Inc.	0.80%	736,851	$15.4M	Reduce -6.8%
FVRR Fiverr International Ltd.	0.79%	622,431	$15.2M	New
UHS Universal Health Services-B	0.78%	73,266	$15.0M	Add +174.1%
BPOP Popular Inc.	0.78%	117,817	$15.0M	Reduce -35.6%
PATH Uipath Inc. Class A	0.77%	1,098,139	$14.7M	New
COP Conocophillips	0.76%	154,135	$14.6M	Reduce -6.6%
JACK Jack in the Box Inc.	0.75%	723,147	$14.3M	Reduce -16.8%
HELE Helen of Troy Ltd.	0.73%	554,985	$14.0M	Add +68.8%
GT Goodyear Tire & Rubber Co.	0.72%	1,838,636	$13.8M	New
GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC	0.70%	519,707	$13.4M	Reduce -4.1%
PYPL PayPal Holdings Inc.	0.70%	198,761	$13.3M	Reduce -44.4%
LZ Legalzoomcom Inc.	0.70%	1,281,765	$13.3M	Add +43.9%
ACH Accendra Health Inc. filed as OWENS & MINOR INC NEW	0.69%	2,749,122	$13.2M	New
KHC The Kraft Heinz Co.	0.68%	498,384	$13.0M	New
JAMF Jamf Holding Corp. filed as JAMF HLDG CORP	0.67%	1,204,461	$12.9M	Add +274.8%
RAMP Liveramp Holdings Inc.	0.67%	469,766	$12.7M	Add +61.5%
NOMD Nomad Foods Ltd.	0.65%	952,268	$12.5M	Add +144.2%
SNAP Snap Inc. Class A	0.64%	1,575,633	$12.1M	Reduce -34.8%
M Macy's Inc.	0.61%	652,459	$11.7M	Reduce -65.2%
RPD RAPID7 Inc.	0.60%	616,700	$11.6M	Reduce -6.2%
STT State Street Corp.	0.60%	98,686	$11.4M	Reduce -5.1%
CAL Caleres Inc.	0.59%	871,600	$11.4M	Add +19.7%
SBH Sally Beauty Holdings Inc.	0.59%	691,036	$11.3M	Reduce -59.0%
VSH Vishay Intertechnology Inc.	0.57%	710,948	$10.9M	Reduce -33.7%
IQV Iqvia Holdings Inc.	0.57%	57,248	$10.9M	Reduce -55.0%
CRM Salesforce Inc.	0.57%	45,727	$10.8M	Add +140.4%
TDOC Teladoc Health Inc.	0.56%	1,372,977	$10.6M	Reduce -5.1%
MNRO Monro Inc.	0.50%	534,178	$9.6M	Reduce -14.9%
EPC Edgewell Personal Care Co.	0.47%	445,432	$9.1M	Add +30.1%
FIS Fidelity National Info Serv	0.47%	135,426	$8.9M	Reduce -7.2%
TROX Tronox Holdings PLC	0.46%	2,203,876	$8.9M	Add +72.0%
SCL Stepan Co.	0.45%	180,717	$8.6M	New
IART Integra Lifesciences Holding	0.44%	592,212	$8.5M	Add +7.2%
EVTC Evertec Inc.	0.44%	247,541	$8.4M	Add +114.4%
MYE Myers Industries Inc.	0.44%	493,301	$8.4M	Reduce -59.6%
BAX Baxter International Inc.	0.44%	366,655	$8.3M	New
EMN Eastman Chemical Co.	0.43%	131,690	$8.3M	Add +119.9%
WBD Warner Bros Discovery Inc.	0.42%	409,365	$8.0M	Reduce -78.8%
QTRX Quanterix Corp.	0.40%	1,393,005	$7.6M	Add +21.7%
ASH Ashland Inc.	0.37%	147,482	$7.1M	Add +92.9%
AVA Avista Corp.	0.37%	185,510	$7.0M	New
EGHT 8X8 Inc.	0.35%	3,160,713	$6.7M	Reduce -5.1%
GETY Getty Images Holdings Inc.	0.34%	3,291,027	$6.5M	Reduce -5.1%
OVV Ovintiv Inc.	0.34%	161,332	$6.5M	Reduce -6.5%
PRAA Pra Group Inc.	0.34%	415,481	$6.4M	Add +14.6%
B Barrick Mining Corp.	0.33%	194,931	$6.4M	Reduce -29.1%
KRNT Kornit Digital Ltd.	0.33%	470,781	$6.4M	New
DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN	0.33%	1,038,897	$6.2M	Reduce -23.6%
ALIT Alight Inc. Class A	0.32%	1,905,093	$6.2M	New
ZEUS Olympic Steel Inc.	0.32%	203,312	$6.2M	New
FFWM First Foundation Inc.	0.32%	1,106,415	$6.2M	Reduce -7.0%
ASIX Advansix Inc.	0.32%	312,371	$6.1M	New
VSTS Vestis Corp.	0.30%	1,282,039	$5.8M	Add +158.3%
OLN Olin Corp.	0.30%	230,545	$5.8M	New
CXW Corecivic Inc.	0.27%	252,230	$5.1M	Reduce -19.1%
ALGN Align Technology Inc.	0.26%	40,356	$5.1M	Add +25.4%
BTG B2GOLD Corp.	0.26%	990,484	$4.9M	Add +34.1%
TCMD Tactile Systems Technology I	0.26%	353,657	$4.9M	Reduce -4.9%
DOW Dow Inc.	0.25%	211,020	$4.8M	New
OEC Orion SA	0.25%	635,158	$4.8M	Add +15.6%
VTOL Bristow Group Inc.	0.25%	132,596	$4.8M	Add +15.7%
JHX James Hardie Ind PLC	0.25%	243,929	$4.7M	New
MG Mistras Group Inc.	0.24%	472,536	$4.6M	New
GNRC Generac Holdings Inc.	0.24%	27,763	$4.6M	Reduce -62.7%
CENX Century Aluminum Company	0.24%	155,269	$4.6M	New
LSPD Lightspeed Commerce Inc.	0.23%	386,259	$4.5M	Reduce -5.1%
MLR Miller Industries Inc.	0.23%	109,900	$4.4M	New
HSII Heidrick & Struggles Intl	0.23%	88,176	$4.4M	Reduce -65.6%
RGNX Regenxbio Inc.	0.22%	426,904	$4.1M	New
RYZ Ryerson Holding Corp.	0.21%	176,376	$4.0M	New
HLF Herbalife Ltd.	0.19%	420,630	$3.6M	New
KMX Carmax Inc.	0.18%	78,349	$3.5M	New
COUR Coursera Inc.	0.18%	294,899	$3.5M	Reduce -77.1%
JILL J. Jill Inc.	0.18%	200,066	$3.4M	New
SNBRQ Sleep Number Corp.	0.18%	485,966	$3.4M	New
RGP Resources Connection Inc.	0.17%	653,308	$3.3M	Reduce -5.1%
SPT Sprout Social Inc. Class A	0.17%	248,636	$3.2M	Reduce -5.1%
CLW Clearwater Paper Corp.	0.16%	150,332	$3.1M	New
FORR Forrester Research Inc.	0.15%	264,613	$2.8M	Reduce -5.1%
ATNI Atn International Inc.	0.14%	183,505	$2.7M	Reduce -5.0%
AVD American Vanguard Corp.	0.14%	453,371	$2.6M	Reduce -5.1%
RSKD Riskified Ltd. Class A	0.14%	552,416	$2.6M	Reduce -5.1%
PRTH Priority Technology Holdings	0.12%	335,881	$2.3M	New
PRKS United Parks & Resorts Inc.	0.12%	42,633	$2.2M	New
HURC Hurco Companies Inc.	0.11%	126,237	$2.2M	Reduce -5.1%
OXM Oxford Industries Inc.	0.11%	53,341	$2.2M	Reduce -5.2%
UFI Unifi Inc.	0.11%	431,971	$2.1M	Reduce -5.1%
VRNT Verint Systems Inc.	0.11%	100,000	$2.0M	Reduce -90.6%
RMAX Re/Max Holdings Inc. Class A	0.10%	211,677	$2.0M	Reduce -5.1%
BXC Bluelinx Holdings Inc.	0.10%	27,000	$2.0M	Reduce -55.0%
JBSS John B. Sanfilippo & Son Inc. filed as SANFILIPPO JOHN B & SON INC	0.10%	29,610	$1.9M	New
MTN Vail Resorts Inc.	0.09%	11,890	$1.8M	Reduce -6.6%
TBI Trueblue Inc.	0.09%	275,565	$1.7M	Reduce -5.1%
EAF Graftech International Ltd.	0.07%	107,035	$1.4M	Reduce -3.6%
PRPL Purple Innovation Inc.	0.03%	639,864	$598K	Reduce -5.1%
MDY State Street SPDR S&P Midcap	0.02%	797	$475K	No change
LEXX Lexaria Bioscience Corp.	0.02%	477,201	$455K	Reduce -4.8%
ASHR Xtrackers Harvest Csi 300 CH	0.01%	7,388	$244K	No change
CALF PCR US SM CP CSH CWS ETF-Usd	0.01%	4,822	$211K	New

Options reported separately and not counted above: ARKK puts ($103.6M), SPY puts ($50.2M).

Portfolio Sells Q2 2025 → Q3 2025


AAP Advance Auto Parts Inc.	Sold out	0.00%	−1.66
NGD New Gold Inc.	Sold out	0.00%	−1.19
VRNT Verint Systems Inc.	Reduce -90.6%	0.11%	−1.08
WBD Warner Bros Discovery Inc.	Reduce -78.8%	0.42%	−0.84
FIVE Five Below	Sold out	0.00%	−0.82
PYPL PayPal Holdings Inc.	Reduce -44.4%	0.70%	−0.81
IAS Integral Ad Science Holding	Sold out	0.00%	−0.75
FHI Federated Hermes Inc.	Sold out	0.00%	−0.74
U Unity Software Inc.	Sold out	0.00%	−0.67
MTCH Match Group Inc.	Sold out	0.00%	−0.67
NEM Newmont Corp.	Sold out	0.00%	−0.64
M Macy's Inc.	Reduce -65.2%	0.61%	−0.63
MTUS Metallus Inc.	Sold out	0.00%	−0.61
RRX Regal Rexnord Corp.	Sold out	0.00%	−0.59
PHIN Phinia Inc.	Sold out	0.00%	−0.58
IQV Iqvia Holdings Inc.	Reduce -55.0%	0.57%	−0.57
MYE Myers Industries Inc.	Reduce -59.6%	0.44%	−0.57
RYN Rayonier Inc.	Sold out	0.00%	−0.56
SNAP Snap Inc. Class A	Reduce -34.8%	0.64%	−0.56
CLVT Clarivate PLC	Reduce -7.3%	1.74%	−0.55
CART Maplebear Inc.	Reduce -14.9%	0.92%	−0.52
SSYS Stratasys Ltd.	Reduce -20.1%	1.25%	−0.49
ZBH Zimmer Biomet Holdings Inc.	Sold out	0.00%	−0.46
COUR Coursera Inc.	Reduce -77.1%	0.18%	−0.46
MPC Marathon Petroleum Corp.	Sold out	0.00%	−0.46
HSII Heidrick & Struggles Intl	Reduce -65.6%	0.23%	−0.44
WEX Wex Inc.	Sold out	0.00%	−0.42
FLYW Flywire Corp.-Voting	Sold out	0.00%	−0.42
GEHC GE Healthcare Technology	Sold out	0.00%	−0.41
AVDL Avadel Pharmaceuticals Ltd.	Sold out	0.00%	−0.40
VSH Vishay Intertechnology Inc.	Reduce -33.7%	0.57%	−0.40
CXT Crane NXT Co.	Sold out	0.00%	−0.39
LYFT LYFT Inc. Class A	Reduce -37.1%	1.63%	−0.38
BPOP Popular Inc.	Reduce -35.6%	0.78%	−0.36
GNRC Generac Holdings Inc.	Reduce -62.7%	0.24%	−0.36
BDC Belden Inc.	Sold out	0.00%	−0.35
VC Visteon Corp.	Sold out	0.00%	−0.33
MHK Mohawk Industries Inc.	Sold out	0.00%	−0.33
SBH Sally Beauty Holdings Inc.	Reduce -59.0%	0.59%	−0.30
LDOS Leidos Holdings Inc.	Sold out	0.00%	−0.26
RPD RAPID7 Inc.	Reduce -6.2%	0.60%	−0.26
KWR Quaker Chemical Corporation	Sold out	0.00%	−0.26
AMG Affiliated Managers Group	Sold out	0.00%	−0.25
NABL N-Able Inc.	Sold out	0.00%	−0.23
MD Pediatrix Medical Group Inc.	Sold out	0.00%	−0.23
HALO Halozyme Therapeutics Inc.	Sold out	0.00%	−0.23
KSS Kohls Corp.	Sold out	0.00%	−0.23
MTB M & T Bank Corp.	Reduce -7.0%	1.52%	−0.22
PLOW Douglas Dynamics Inc.	Sold out	0.00%	−0.21
FIS Fidelity National Info Serv	Reduce -7.2%	0.47%	−0.21

Portfolio Buys Q2 2025 → Q3 2025


UPWK Upwork Inc.	New	1.30%	+1.30
FUN Six Flags Entertainment Corp.	New	1.23%	+1.23
HAE Haemonetics Corp.	Add +1691.5%	1.27%	+1.15
DV Doubleverify Holdings Inc.	New	1.13%	+1.13
CNMD Conmed Corp.	New	1.03%	+1.03
BKH Black Hills Corp.	New	1.03%	+1.03
AIN Albany Intl Corp. Class A	New	0.90%	+0.90
VZ Verizon Communications Inc.	Add +280.1%	1.24%	+0.89
ECVT Ecovyst Inc.	New	0.87%	+0.87
FVRR Fiverr International Ltd.	New	0.79%	+0.79
PATH Uipath Inc. Class A	New	0.77%	+0.77
ACHC Acadia Healthcare Co. Inc.	Add +41.6%	2.51%	+0.75
GT Goodyear Tire & Rubber Co.	New	0.72%	+0.72
ACH Accendra Health Inc.	New	0.69%	+0.69
KHC The Kraft Heinz Co.	New	0.68%	+0.68
TFX Teleflex Inc.	Add +35.6%	2.47%	+0.56
PVH PVH Corp.	Add +19.1%	2.16%	+0.55
UHS Universal Health Services-B	Add +174.1%	0.78%	+0.51
JAMF Jamf Holding Corp.	Add +274.8%	0.67%	+0.50
ABM Abm Industries Inc.	Add +86.6%	1.21%	+0.49
SCL Stepan Co.	New	0.45%	+0.45
VTRS Viatris Inc.	Add +16.6%	2.80%	+0.45
BAX Baxter International Inc.	New	0.44%	+0.44
ZD Ziff Davis Inc.	Add +86.0%	0.81%	+0.44
IOVA Iovance Biotherapeutics Inc.	Add +27.1%	1.20%	+0.39
AVA Avista Corp.	New	0.37%	+0.37
INGM Ingram Micro Holding Corp.	Add +58.2%	1.04%	+0.35
KRNT Kornit Digital Ltd.	New	0.33%	+0.33
ALIT Alight Inc. Class A	New	0.32%	+0.32
ZEUS Olympic Steel Inc.	New	0.32%	+0.32
ASIX Advansix Inc.	New	0.32%	+0.32
SON Sonoco Products Co.	Add +30.6%	1.90%	+0.30
OLN Olin Corp.	New	0.30%	+0.30
NOMD Nomad Foods Ltd.	Add +144.2%	0.65%	+0.28
CRM Salesforce Inc.	Add +140.4%	0.57%	+0.27
LEG Leggett & Platt Inc.	Add +44.1%	1.09%	+0.26
DOW Dow Inc.	New	0.25%	+0.25
XRAY Dentsply Sirona Inc.	Add +48.7%	2.89%	+0.25
LZ Legalzoomcom Inc.	Add +43.9%	0.70%	+0.25
JHX James Hardie Ind PLC	New	0.25%	+0.25
MG Mistras Group Inc.	New	0.24%	+0.24
CENX Century Aluminum Company	New	0.24%	+0.24
MLR Miller Industries Inc.	New	0.23%	+0.23
RGNX Regenxbio Inc.	New	0.22%	+0.22
RYZ Ryerson Holding Corp.	New	0.21%	+0.21
HELE Helen of Troy Ltd.	Add +68.8%	0.73%	+0.20
EVTC Evertec Inc.	Add +114.4%	0.44%	+0.20
HLF Herbalife Ltd.	New	0.19%	+0.19
KMX Carmax Inc.	New	0.18%	+0.18
EMN Eastman Chemical Co.	Add +119.9%	0.43%	+0.18

Options Activity Q2 2025 → Q3 2025


ARKK ARK Innovation ETF	put	New	1,200,000	$103.6M
SPY SS SPDR S&P 500 ETF Trust-US	put	New	75,400	$50.2M

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