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

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 Q1 2025 Q2 2025: $1.8B Q2 2025 Q3 2025: $1.9B Q3 2025 Q4 2025: $2.1B $2.1B Q4 2025 Q1 2026: $2.2B Q1 2026 Q2 2026: $1.7B Q2 2026

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%
MG Mistras Group Inc. 0.29% 475,692 $6.0M Add +0.7%
ASIX Advansix Inc. 0.27% 326,227 $5.6M Add +4.4%
CLW Clearwater Paper Corp. 0.27% 320,212 $5.6M Add +113.0%
JBSS John B. Sanfilippo & Son Inc. filed as SANFILIPPO JOHN B & SON INC 0.26% 77,474 $5.5M Add +161.7%
LOVE The Lovesac Co. 0.26% 362,707 $5.3M New
FIVN FIVE9 Inc. 0.26% 266,252 $5.3M New
STT State Street Corp. 0.25% 40,641 $5.2M Reduce -58.8%
ETSY Etsy Inc. 0.25% 91,884 $5.1M New
DOW Dow Inc. 0.23% 206,331 $4.8M Reduce -2.2%
MTN Vail Resorts Inc. 0.23% 36,265 $4.8M Add +205.0%
CXW Corecivic Inc. 0.23% 246,625 $4.7M Reduce -2.2%
DAVA Endava PLC- Spon ADR 0.23% 742,260 $4.7M New
RRX Regal Rexnord Corp. 0.22% 33,070 $4.6M New
LSPD Lightspeed Commerce Inc. 0.22% 377,676 $4.6M Reduce -2.2%
OXM Oxford Industries Inc. 0.21% 128,788 $4.4M Add +141.4%
GETY Getty Images Holdings Inc. 0.21% 3,276,700 $4.4M Reduce -0.4%
UTZ Utz Brands Inc. 0.21% 411,457 $4.3M New
ALIT Alight Inc. Class A 0.20% 2,140,748 $4.2M Add +12.4%
MLR Miller Industries Inc. 0.20% 110,707 $4.1M Add +0.7%
SNBRQ Sleep Number Corp. 0.20% 483,850 $4.1M Reduce -0.4%
PPG PPG Industries Inc. 0.19% 38,710 $4.0M New
OEC Orion SA 0.16% 642,789 $3.4M Add +1.2%
RGP Resources Connection Inc. 0.16% 638,790 $3.2M Reduce -2.2%
JILL J. Jill Inc. 0.13% 203,227 $2.8M Add +1.6%
DSP Viant Technology Inc. Class A 0.13% 228,216 $2.7M New
SPT Sprout Social Inc. Class A 0.13% 243,112 $2.7M Reduce -2.2%
CMCSA Comcast Corp. Class A 0.13% 87,897 $2.6M New
MHK Mohawk Industries Inc. 0.11% 20,326 $2.2M New
TITN Titan Machinery Inc. 0.11% 146,793 $2.2M New
FORR Forrester Research Inc. 0.10% 258,733 $2.1M Reduce -2.2%
TBI Trueblue Inc. 0.10% 442,225 $2.0M Add +60.5%
HURC Hurco Companies Inc. 0.09% 124,575 $1.9M Reduce -1.3%
AVD American Vanguard Corp. 0.08% 443,297 $1.7M Reduce -2.2%
EAF Graftech International Ltd. 0.08% 105,680 $1.6M Reduce -1.3%
RMAX Re/Max Holdings Inc. Class A 0.08% 206,973 $1.6M Reduce -2.2%
UFI Unifi Inc. 0.07% 426,281 $1.5M Reduce -1.3%
IPAR Interparfums Inc. 0.06% 15,724 $1.3M New
VNT Vontier Corp. 0.06% 35,396 $1.3M New
WLY Wiley (john) & Sons Class A 0.04% 28,270 $866K New
MDY State Street SPDR S&P Midcap 0.02% 797 $481K No change
PRPL Purple Innovation Inc. 0.02% 625,646 $432K Reduce -2.2%
LEXX Lexaria Bioscience Corp. 0.01% 470,915 $291K Reduce -1.3%
ASHR Xtrackers Harvest Csi 300 CH 0.01% 7,388 $243K No change
CALF PCR US SM CP CSH CWS ETF-Usd 0.01% 4,822 $214K No change

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

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