Invenomic Capital Management LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Invenomic Capital Management LP reported 144 stock positions worth $2.1 billion. Its top holding was Viatris (VTRS) at 3.4% of the portfolio, followed by Global Payments (GPN, 3.0%) and Dentsply Sirona (XRAY, 2.8%). Compared with Q3 2025, it opened 28 new positions, sold out of 25, added to 73 and reduced 40. The biggest buy was a new position in Fiserv (FISV) and the biggest sale an exit from Haemonetics (HAE).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001769456
- Portfolio Value
- $2.1B (Q4 2025)
- SEC Filing
- 0001214659-26-001967 ↗ filed Feb 17, 2026
Holdings Value
Holdings 144 stocks · $2.1B
| VTRS Viatris Inc. | 3.36% | 5,593,608 | $69.6M | Add +3.3% |
| GPN Global Payments Inc. | 2.98% | 797,496 | $61.7M | Add +17.1% |
| XRAY Dentsply Sirona Inc. | 2.83% | 5,132,036 | $58.7M | Add +17.9% |
| AKAM Akamai Technologies Inc. | 2.83% | 671,569 | $58.6M | Add +34.6% |
| EGO Eldorado Gold Corp. | 2.60% | 1,496,283 | $53.7M | Reduce -20.4% |
| ACHC Acadia Healthcare Co. Inc. | 2.27% | 3,312,043 | $47.0M | Add +71.0% |
| RNG Ringcentral Inc. Class A | 2.14% | 1,538,034 | $44.4M | Add +3.8% |
| PVH PVH Corp. | 2.11% | 652,967 | $43.8M | Add +32.3% |
| EQX Equinox Gold Corp. | 2.05% | 3,027,489 | $42.5M | Add +1.7% |
| TFX Teleflex Inc. | 2.04% | 346,559 | $42.3M | Reduce -10.1% |
| ST Sensata Technologies Holdplc | 1.96% | 1,217,415 | $40.5M | Add +3.9% |
| BILL Bill Holdings Inc. | 1.87% | 708,912 | $38.7M | Add +10.8% |
| SON Sonoco Products Co. | 1.84% | 871,442 | $38.0M | Add +3.3% |
| OMC Omnicom Group | 1.78% | 455,671 | $36.8M | Add +127.9% |
| CNXC Concentrix Corp. | 1.76% | 874,241 | $36.4M | Add +6.3% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 1.70% | 174,507 | $35.2M | Add +18.7% |
| IOVA Iovance Biotherapeutics Inc. | 1.58% | 11,959,505 | $32.6M | Add +13.4% |
| CLVT Clarivate PLC | 1.46% | 9,029,414 | $30.2M | Add +3.8% |
| CNMD Conmed Corp. | 1.45% | 737,546 | $29.9M | Add +75.6% |
| DV Doubleverify Holdings Inc. | 1.32% | 2,383,935 | $27.3M | Add +31.8% |
| LEG Leggett & Platt Inc. | 1.29% | 2,437,519 | $26.8M | Add +4.0% |
| ABM Abm Industries Inc. | 1.29% | 629,452 | $26.6M | Add +25.9% |
| TNC Tennant Co. | 1.18% | 331,174 | $24.4M | Add +0.4% |
| DOLE Dole PLC | 1.16% | 1,597,451 | $23.9M | Add +3.7% |
| PYPL PayPal Holdings Inc. | 1.14% | 404,617 | $23.6M | Add +103.6% |
| INGM Ingram Micro Holding Corp. | 1.12% | 1,090,563 | $23.3M | Add +17.4% |
| PENN Penn Entertainment Inc. | 1.09% | 1,535,053 | $22.6M | Reduce -2.2% |
| FUN Six Flags Entertainment Corp. | 1.06% | 1,436,617 | $22.0M | Add +38.9% |
| NOMD Nomad Foods Ltd. | 1.01% | 1,675,263 | $21.0M | Add +75.9% |
| MATV Mativ Holdings Inc. | 1.01% | 1,719,063 | $20.9M | Add +1.8% |
| LYFT LYFT Inc. Class A | 0.98% | 1,047,256 | $20.3M | Reduce -25.8% |
| ENOV Enovis Corp. | 0.97% | 756,717 | $20.2M | Add +6.2% |
| KRNT Kornit Digital Ltd. | 0.97% | 1,397,950 | $20.1M | Add +196.9% |
| ZD Ziff Davis Inc. | 0.95% | 557,613 | $19.6M | Add +36.5% |
| AIN Albany Intl Corp. Class A | 0.94% | 386,053 | $19.6M | Add +19.1% |
| FISV Fiserv Inc. | 0.93% | 287,266 | $19.3M | New |
| ECVT Ecovyst Inc. | 0.90% | 1,906,840 | $18.6M | Reduce -0.1% |
| SSYS Stratasys Ltd. | 0.89% | 2,127,610 | $18.5M | Reduce -0.3% |
| CHRD Chord Energy Corp. | 0.89% | 197,761 | $18.3M | Add +0.2% |
| OC Owens Corning | 0.88% | 163,765 | $18.3M | New |
| RAMP Liveramp Holdings Inc. | 0.86% | 607,797 | $17.9M | Add +29.4% |
| EMN Eastman Chemical Co. | 0.85% | 277,223 | $17.7M | Add +110.5% |
| FIS Fidelity National Info Serv | 0.83% | 258,341 | $17.2M | Add +90.8% |
| INGR Ingredion Inc. | 0.81% | 151,377 | $16.7M | New |
| RYZ Ryerson Holding Corp. | 0.79% | 653,514 | $16.4M | Add +270.5% |
| MOS The Mosaic Co. | 0.79% | 678,234 | $16.3M | New |
| LZ Legalzoomcom Inc. | 0.76% | 1,587,044 | $15.8M | Add +23.8% |
| UPWK Upwork Inc. | 0.70% | 735,100 | $14.6M | Reduce -44.9% |
| COP Conocophillips | 0.70% | 154,195 | $14.4M | Add +0.0% |
| M Macy's Inc. | 0.70% | 653,659 | $14.4M | Add +0.2% |
| BPOP Popular Inc. | 0.69% | 115,198 | $14.3M | Reduce -2.2% |
| BAX Baxter International Inc. | 0.69% | 746,651 | $14.3M | Add +103.6% |
| SSTK Shutterstock Inc. | 0.68% | 734,949 | $14.0M | Reduce -0.3% |
| CENTA Central Garden and Pet Co. Class A | 0.66% | 471,015 | $13.7M | New |
| IART Integra Lifesciences Holding | 0.63% | 1,055,941 | $13.1M | Add +78.3% |
| HELE Helen of Troy Ltd. | 0.61% | 593,310 | $12.6M | Add +6.9% |
| CAL Caleres Inc. | 0.61% | 1,031,874 | $12.6M | Add +18.4% |
| CART Maplebear Inc. | 0.58% | 269,326 | $12.1M | Reduce -43.8% |
| ZBH Zimmer Biomet Holdings Inc. | 0.58% | 133,858 | $12.0M | New |
| CRM Salesforce Inc. | 0.57% | 44,710 | $11.8M | Reduce -2.2% |
| VSTS Vestis Corp. | 0.56% | 1,731,536 | $11.5M | Add +35.1% |
| DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN | 0.55% | 1,779,895 | $11.4M | Add +71.3% |
| PRKS United Parks & Resorts Inc. | 0.54% | 309,008 | $11.2M | Add +624.8% |
| PATH Uipath Inc. Class A | 0.53% | 663,434 | $10.9M | Reduce -39.6% |
| JACK Jack in the Box Inc. | 0.52% | 568,079 | $10.8M | Reduce -21.4% |
| VSH Vishay Intertechnology Inc. | 0.49% | 695,125 | $10.1M | Reduce -2.2% |
| HLF Herbalife Ltd. | 0.48% | 768,031 | $9.9M | Add +82.6% |
| WT Wisdomtree Inc. | 0.48% | 809,902 | $9.9M | New |
| SBH Sally Beauty Holdings Inc. | 0.47% | 688,015 | $9.8M | Reduce -0.4% |
| ACH Accendra Health Inc. filed as OWENS & MINOR INC NEW | 0.47% | 3,502,345 | $9.8M | Add +27.4% |
| QTRX Quanterix Corp. | 0.46% | 1,505,208 | $9.6M | Add +8.1% |
| RPD RAPID7 Inc. | 0.46% | 627,983 | $9.5M | Add +1.8% |
| FVRR Fiverr International Ltd. | 0.46% | 477,892 | $9.4M | Reduce -23.2% |
| PINS Pinterest Inc. Class A | 0.45% | 357,859 | $9.3M | New |
| TROX Tronox Holdings PLC | 0.44% | 2,200,423 | $9.2M | Reduce -0.2% |
| AVA Avista Corp. | 0.44% | 235,920 | $9.1M | Add +27.2% |
| MYE Myers Industries Inc. | 0.44% | 481,952 | $9.0M | Reduce -2.3% |
| GT Goodyear Tire & Rubber Co. | 0.43% | 1,028,330 | $9.0M | Reduce -44.1% |
| ZEUS Olympic Steel Inc. | 0.43% | 209,187 | $9.0M | Add +2.9% |
| EPC Edgewell Personal Care Co. | 0.43% | 516,678 | $8.8M | Add +16.0% |
| JHX James Hardie Ind PLC | 0.42% | 420,705 | $8.7M | Add +72.5% |
| VZ Verizon Communications Inc. | 0.42% | 213,532 | $8.7M | Reduce -60.4% |
| SCL Stepan Co. | 0.42% | 183,264 | $8.7M | Add +1.4% |
| WIX Wix.com Ltd. | 0.41% | 81,425 | $8.5M | New |
| OLN Olin Corp. | 0.39% | 387,259 | $8.1M | Add +68.0% |
| OSISKO DEVELOPMENT CORP | 0.37% | 2,210,147 | $7.7M | New |
| PRAA Pra Group Inc. | 0.36% | 427,376 | $7.6M | Add +2.9% |
| ALGN Align Technology Inc. | 0.35% | 46,610 | $7.3M | Add +15.5% |
| CXT Crane NXT Co. | 0.35% | 154,301 | $7.3M | New |
| MTX Minerals Technologies Inc. | 0.34% | 115,799 | $7.1M | New |
| CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP | 0.33% | 586,237 | $6.8M | New |
| FFWM First Foundation Inc. | 0.33% | 1,108,456 | $6.8M | Add +0.2% |
| SNAP Snap Inc. Class A | 0.33% | 836,693 | $6.8M | Reduce -46.9% |
| COUR Coursera Inc. | 0.32% | 906,224 | $6.7M | Add +207.3% |
| FLO Flowers Foods Inc. | 0.32% | 612,455 | $6.7M | New |
| GNRC Generac Holdings Inc. | 0.32% | 47,854 | $6.5M | Add +72.4% |
| MNRO Monro Inc. | 0.31% | 325,028 | $6.5M | Reduce -39.1% |
| DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC | 0.31% | 180,662 | $6.4M | Reduce -60.1% |
| OVV Ovintiv Inc. | 0.31% | 161,707 | $6.3M | Add +0.2% |
| EGHT 8X8 Inc. | 0.29% | 3,090,479 | $6.1M | Reduce -2.2% |
Options reported separately and not counted above: AZO puts ($54.3M), ORLY puts ($22.7M), TLT calls ($305K).
Portfolio Sells Q3 2025 → Q4 2025
| HAE Haemonetics Corp. | Sold out | 0.00% | −1.27 |
| BKH Black Hills Corp. | Sold out | 0.00% | −1.03 |
| VZ Verizon Communications Inc. | Reduce -60.4% | 0.42% | −0.82 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.81 |
| UHS Universal Health Services-B | Sold out | 0.00% | −0.78 |
| GOLD Gold.com Inc. | Sold out | 0.00% | −0.70 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.68 |
| JAMF Jamf Holding Corp. | Sold out | 0.00% | −0.67 |
| LYFT LYFT Inc. Class A | Reduce -25.8% | 0.98% | −0.65 |
| UPWK Upwork Inc. | Reduce -44.9% | 0.70% | −0.59 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.57 |
| TDOC Teladoc Health Inc. | Sold out | 0.00% | −0.56 |
| DMC Del Monte Corp. | Reduce -60.1% | 0.31% | −0.51 |
| PENN Penn Entertainment Inc. | Reduce -2.2% | 1.09% | −0.49 |
| EVTC Evertec Inc. | Sold out | 0.00% | −0.44 |
| TFX Teleflex Inc. | Reduce -10.1% | 2.04% | −0.43 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.42 |
| ASH Ashland Inc. | Sold out | 0.00% | −0.37 |
| SSYS Stratasys Ltd. | Reduce -0.3% | 0.89% | −0.36 |
| STT State Street Corp. | Reduce -58.8% | 0.25% | −0.35 |
| FVRR Fiverr International Ltd. | Reduce -23.2% | 0.46% | −0.34 |
| CART Maplebear Inc. | Reduce -43.8% | 0.58% | −0.34 |
| B Barrick Mining Corp. | Sold out | 0.00% | −0.33 |
| SNAP Snap Inc. Class A | Reduce -46.9% | 0.33% | −0.31 |
| GT Goodyear Tire & Rubber Co. | Reduce -44.1% | 0.43% | −0.28 |
| BTG B2GOLD Corp. | Sold out | 0.00% | −0.26 |
| TCMD Tactile Systems Technology I | Sold out | 0.00% | −0.26 |
| VTOL Bristow Group Inc. | Sold out | 0.00% | −0.25 |
| EGO Eldorado Gold Corp. | Reduce -20.4% | 2.60% | −0.24 |
| PATH Uipath Inc. Class A | Reduce -39.6% | 0.53% | −0.24 |
| CENX Century Aluminum Company | Sold out | 0.00% | −0.24 |
| HSII Heidrick & Struggles Intl | Sold out | 0.00% | −0.23 |
| JACK Jack in the Box Inc. | Reduce -21.4% | 0.52% | −0.23 |
| RGNX Regenxbio Inc. | Sold out | 0.00% | −0.22 |
| MNRO Monro Inc. | Reduce -39.1% | 0.31% | −0.19 |
| KMX Carmax Inc. | Sold out | 0.00% | −0.18 |
| ATNI Atn International Inc. | Sold out | 0.00% | −0.14 |
| RSKD Riskified Ltd. Class A | Sold out | 0.00% | −0.14 |
| GETY Getty Images Holdings Inc. | Reduce -0.4% | 0.21% | −0.13 |
| SSTK Shutterstock Inc. | Reduce -0.3% | 0.68% | −0.13 |
| PRTH Priority Technology Holdings | Sold out | 0.00% | −0.12 |
| SBH Sally Beauty Holdings Inc. | Reduce -0.4% | 0.47% | −0.11 |
| VRNT Verint Systems Inc. | Sold out | 0.00% | −0.11 |
| BXC Bluelinx Holdings Inc. | Sold out | 0.00% | −0.10 |
| BPOP Popular Inc. | Reduce -2.2% | 0.69% | −0.09 |
| VSH Vishay Intertechnology Inc. | Reduce -2.2% | 0.49% | −0.08 |
| EGHT 8X8 Inc. | Reduce -2.2% | 0.29% | −0.06 |
| AVD American Vanguard Corp. | Reduce -2.2% | 0.08% | −0.05 |
| FORR Forrester Research Inc. | Reduce -2.2% | 0.10% | −0.05 |
| CXW Corecivic Inc. | Reduce -2.2% | 0.23% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| FISV Fiserv Inc. | New | 0.93% | +0.93 |
| OMC Omnicom Group | Add +127.9% | 1.78% | +0.92 |
| OC Owens Corning | New | 0.88% | +0.88 |
| AKAM Akamai Technologies Inc. | Add +34.6% | 2.83% | +0.85 |
| INGR Ingredion Inc. | New | 0.81% | +0.81 |
| MOS The Mosaic Co. | New | 0.79% | +0.79 |
| CENTA Central Garden and Pet Co. Class A | New | 0.66% | +0.66 |
| KRNT Kornit Digital Ltd. | Add +196.9% | 0.97% | +0.64 |
| RYZ Ryerson Holding Corp. | Add +270.5% | 0.79% | +0.58 |
| ZBH Zimmer Biomet Holdings Inc. | New | 0.58% | +0.58 |
| VTRS Viatris Inc. | Add +3.3% | 3.36% | +0.56 |
| WT Wisdomtree Inc. | New | 0.48% | +0.48 |
| PINS Pinterest Inc. Class A | New | 0.45% | +0.45 |
| PYPL PayPal Holdings Inc. | Add +103.6% | 1.14% | +0.44 |
| PRKS United Parks & Resorts Inc. | Add +624.8% | 0.54% | +0.43 |
| EMN Eastman Chemical Co. | Add +110.5% | 0.85% | +0.42 |
| CNMD Conmed Corp. | Add +75.6% | 1.45% | +0.41 |
| WIX Wix.com Ltd. | New | 0.41% | +0.41 |
| IOVA Iovance Biotherapeutics Inc. | Add +13.4% | 1.58% | +0.38 |
| OSISKO DEVELOPMENT CORP | New | 0.37% | +0.37 |
| FIS Fidelity National Info Serv | Add +90.8% | 0.83% | +0.36 |
| NOMD Nomad Foods Ltd. | Add +75.9% | 1.01% | +0.36 |
| CXT Crane NXT Co. | New | 0.35% | +0.35 |
| MTX Minerals Technologies Inc. | New | 0.34% | +0.34 |
| CALY Callaway Golf Company | New | 0.33% | +0.33 |
| FLO Flowers Foods Inc. | New | 0.32% | +0.32 |
| EQX Equinox Gold Corp. | Add +1.7% | 2.05% | +0.31 |
| HLF Herbalife Ltd. | Add +82.6% | 0.48% | +0.29 |
| LOVE The Lovesac Co. | New | 0.26% | +0.26 |
| FIVN FIVE9 Inc. | New | 0.26% | +0.26 |
| VSTS Vestis Corp. | Add +35.1% | 0.56% | +0.25 |
| BAX Baxter International Inc. | Add +103.6% | 0.69% | +0.25 |
| ETSY Etsy Inc. | New | 0.25% | +0.25 |
| DAVA Endava PLC- Spon ADR | New | 0.23% | +0.23 |
| DCH Dauch Corporation | Add +71.3% | 0.55% | +0.22 |
| RRX Regal Rexnord Corp. | New | 0.22% | +0.22 |
| UTZ Utz Brands Inc. | New | 0.21% | +0.21 |
| LEG Leggett & Platt Inc. | Add +4.0% | 1.29% | +0.21 |
| RAMP Liveramp Holdings Inc. | Add +29.4% | 0.86% | +0.20 |
| PPG PPG Industries Inc. | New | 0.19% | +0.19 |
| IART Integra Lifesciences Holding | Add +78.3% | 0.63% | +0.19 |
| DV Doubleverify Holdings Inc. | Add +31.8% | 1.32% | +0.18 |
| MTB M & T Bank Corp. | Add +18.7% | 1.70% | +0.18 |
| JHX James Hardie Ind PLC | Add +72.5% | 0.42% | +0.18 |
| JBSS John B. Sanfilippo & Son Inc. | Add +161.7% | 0.26% | +0.16 |
| COUR Coursera Inc. | Add +207.3% | 0.32% | +0.14 |
| MTN Vail Resorts Inc. | Add +205.0% | 0.23% | +0.14 |
| DSP Viant Technology Inc. Class A | New | 0.13% | +0.13 |
| ZD Ziff Davis Inc. | Add +36.5% | 0.95% | +0.13 |
| CMCSA Comcast Corp. Class A | New | 0.13% | +0.13 |
Options Activity Q3 2025 → Q4 2025
| ARKK ARK Innovation ETF | put | Sold out | 1,200,000 | $103.6Mbefore exit |
| AZO AutoZone Inc. | put | New | 16,000 | $54.3M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 75,400 | $50.2Mbefore exit |
| ORLY O'reilly Automotive Inc. | put | New | 249,200 | $22.7M |
| TLT iShares 20+ Year Treasury BD | call | New | 3,500 | $305K |
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 |