Long Focus Capital Management, LLC

Name: Long Focus Capital Management, LLC 13F holdings, Q2 2024
Creator: Long Focus Capital Management, LLC
Published: 2024-08-14

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

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Long Focus Capital Management, LLC reported 89 stock positions worth $966.8 million. Its top holding was Ftai Aviation (FTAI) at 7.6% of the portfolio, followed by Energy Transfer (ET, 5.6%) and Antero Resources (AR, 5.4%). Compared with Q1 2024, it opened 4 new positions, sold out of 2, added to 30 and reduced 18. The biggest buy was Insmed (INSM, shares +72%) and the biggest sale Alibaba Group Holding-SP ADR (BABA, shares −10%).

Most Recent 13F: Q2 2026
Location: SAN JUAN, PR
CIK: 0001602716
Portfolio Value: $966.8M (Q2 2024)
SEC Filing: 0001019056-24-000240 ↗ filed Aug 14, 2024

Holdings Value

Holdings 89 stocks · $966.8M


FTAI Ftai Aviation Ltd.	7.58%	710,000	$73.3M	Reduce -22.1%
ET Energy Transfer LP	5.61%	3,342,400	$54.2M	No change
AR Antero Resources Corp.	5.41%	1,603,000	$52.3M	Reduce -14.8%
INSM Insmed Inc.	5.13%	740,900	$49.6M	Add +71.6%
BABA Alibaba Group Holding-SP ADR	4.73%	635,000	$45.7M	Reduce -9.7%
CMCSA Comcast Corp. Class A	4.36%	1,076,900	$42.2M	Add +47.2%
HLF Herbalife Ltd.	3.44%	3,202,982	$33.3M	Add +11.3%
IOVA Iovance Biotherapeutics Inc.	3.43%	4,132,000	$33.1M	Add +195.1%
HAPN Happen Inc. filed as LENDINGCLUB CORP	2.99%	3,414,725	$28.9M	No change
LBTYK Liberty Global Ltd. Class C	2.66%	1,442,000	$25.7M	Add +39.7%
CZR Caesars Entertainment Inc.	2.60%	632,200	$25.1M	Add +152.2%
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP	2.26%	1,430,000	$21.9M	No change
LBRDA Liberty Broadband-A	2.09%	370,100	$20.2M	Add +61.9%
NXST Nexstar Media Group Inc.	2.08%	121,000	$20.1M	Add +86.2%
AGO Assured Guaranty Ltd.	2.04%	255,000	$19.7M	Add +6.3%
ECHO Echostar Corp. Class A	2.02%	1,097,000	$19.5M	Reduce -14.0%
AZUL S A	1.84%	4,454,000	$17.8M	Add +106.3%
LILAK Liberty Latin Americ Class C	1.79%	1,803,600	$17.4M	Reduce -2.7%
AKRO Akero Therapeutics Inc.	1.75%	719,604	$16.9M	Add +119.0%
WBD Warner Bros Discovery Inc.	1.69%	2,200,000	$16.4M	Add +308.9%
LVS Las Vegas Sands Corp.	1.64%	359,000	$15.9M	Add +1695.0%
BTU Peabody Energy Corp.	1.64%	715,058	$15.8M	No change
ONIT Onity Group Inc.	1.62%	652,088	$15.6M	No change
PCT Purecycle Technologies Inc.	1.47%	2,403,781	$14.2M	Add +3.2%
OMF Onemain Holdings Inc.	1.43%	285,000	$13.8M	Add +3.6%
TLYS Tilly's Inc. Class A SHRS	1.34%	2,151,931	$13.0M	Add +17.5%
ADAPY Adaptimmune Therapeutics-ADR	1.25%	12,346,417	$12.0M	Add +15.6%
PENN Penn Entertainment Inc.	1.20%	600,000	$11.6M	New
JD Jd.com Inc.-ADR	1.13%	424,000	$11.0M	Reduce -32.4%
CPRI Capri Holdings Ltd.	1.08%	315,388	$10.4M	No change
AM Antero Midstream Corp.	0.93%	610,000	$9.0M	No change
APO Apollo Global Management Inc.	0.93%	76,000	$9.0M	No change
CLLS Cellectis - ADR	0.89%	4,617,293	$8.6M	Add +2.9%
COOP Mr Cooper Group Inc.	0.88%	105,000	$8.5M	Reduce -16.0%
BUD Anheuser-Busch Inbev-SPN ADR	0.86%	143,400	$8.3M	Add +4.5%
EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP	0.85%	100,300	$8.2M	No change
AURA Aura Biosciences Inc.	0.83%	1,057,188	$8.0M	Add +113.4%
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP	0.80%	162,707	$7.7M	No change
CLVT Clarivate PLC	0.69%	1,175,000	$6.7M	Add +2.2%
FIP Ftai Infrastructure Inc.	0.69%	767,659	$6.6M	Reduce -50.2%
TKO Tko Group Holdings Inc.	0.67%	60,000	$6.5M	Reduce -25.0%
WFC Wells Fargo & Co.	0.63%	103,000	$6.1M	No change
C Citigroup Inc.	0.62%	94,640	$6.0M	No change
BCS Barclays PLC-Spons ADR	0.61%	555,000	$5.9M	Reduce -47.6%
PINS Pinterest Inc. Class A	0.60%	132,000	$5.8M	Reduce -24.1%
PAGS Pagseguro Digital Ltd. Class A	0.56%	460,000	$5.4M	No change
CEPU Central Puerto-Sponsored ADR	0.56%	592,696	$5.4M	Reduce -16.8%
CTRN Citi Trends Inc.	0.55%	250,673	$5.3M	Add +24.9%
OPRT Oportun Financial Corp.	0.52%	1,740,777	$5.0M	Add +6.0%
GL Globe Life Inc.	0.51%	60,000	$4.9M	New
HYZON MOTORS INC	0.50%	15,016,544	$4.8M	Reduce -21.0%
TE T1 Energy Inc. filed as FREYR BATTERY INC	0.40%	2,298,550	$3.9M	Reduce -6.1%
QMCO Quantum Corp.	0.39%	9,174,122	$3.8M	Add +0.1%
SGHT Sight Sciences Inc.	0.39%	560,594	$3.7M	Add +86.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.38%	93,000	$3.7M	No change
PYPL PayPal Holdings Inc.	0.38%	63,300	$3.7M	Add +18.8%
LAD Lithia Motors Inc.	0.36%	13,900	$3.5M	No change
SUPV Grupo Supervielle SA-SP ADR	0.33%	470,689	$3.2M	Reduce -27.1%
BIOX Bioceres Crop Solutions Corp.	0.33%	280,547	$3.1M	Add +19.9%
JILL J. Jill Inc.	0.28%	76,320	$2.7M	Reduce -41.9%
AMPS Altus Power Inc.	0.22%	549,081	$2.2M	Add +427.6%
MTG Mgic Investment Corp.	0.21%	95,000	$2.0M	No change
AKR Acadia Realty Trust	0.20%	108,000	$1.9M	No change
IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L	0.19%	132,700	$1.9M	Reduce -20.1%
LOMA Loma Negra Cia Ind-Spon ADR	0.17%	237,600	$1.6M	Add +9.2%
DXLG Destination XL Group Inc.	0.16%	438,042	$1.6M	Add +19.0%
GLNG Golar LNG Ltd.	0.16%	50,000	$1.6M	No change
FOUR SHIFT4 Payments Inc. Class A	0.15%	20,000	$1.5M	New
MRO Marathon Oil Corp.	0.15%	50,000	$1.4M	Reduce -85.2%
ARCO Arcos Dorados Holdings Inc. Class A	0.14%	150,000	$1.4M	No change
XPL Solitario Resources Corp.	0.13%	1,409,700	$1.2M	No change
ACHV Achieve Life Sciences Inc.	0.12%	248,099	$1.2M	No change
GOOGL Alphabet Inc. Class A	0.11%	5,980	$1.1M	No change
VLRS Controladora Vuela Cia-ADR	0.11%	160,000	$1.0M	No change
NXTC Nextcure Inc.	0.09%	556,105	$884K	No change
LUMN Lumen Technologies Inc.	0.06%	500,000	$550K	No change
FINANCE OF AMERICA COMPAN	0.06%	1,104,348	$544K	No change
PAR Par Technology Corp.	0.05%	10,357	$488K	No change
GPRO Gopro Inc. Class A	0.04%	280,700	$399K	No change
SGMOQ Sangamo Therapeutics Inc.	0.04%	1,098,000	$393K	No change
ANIX Anixa Biosciences Inc.	0.04%	165,701	$366K	No change
TELL Tellurian Inc.	0.04%	500,750	$347K	No change
SFST Southern First Bancshares	0.03%	10,000	$292K	New
IRIX Iridex Corp.	0.02%	100,000	$216K	No change
LCTX Lineage Cell Therapeutics Inc.	0.02%	215,000	$214K	No change
TUSK Mammoth Energy Services Inc.	0.02%	57,681	$189K	No change
MBI Mbia Inc.	0.02%	30,000	$165K	No change
OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC	0.01%	10,000	$128K	No change
ONCY Oncolytics Biotech Inc.	0.00%	40,000	$40K	No change

Options reported separately and not counted above: BABA calls ($324.7M), CMCSA calls ($306.4M), B calls ($227.7M), INTC calls ($197.3M), C calls ($182.2M), BUD calls ($144.8M), ET calls ($92.0M), CHTR calls ($83.7M), BAC calls ($35.8M), PFE calls ($32.5M), BA calls ($10.9M), BCS calls ($6.7M).

Other holdings (1): bonds, preferreds, convertibles and warrants · $12K (not counted above)

Security	Class	Shares / Principal	Value	Change
HYZON MOTORS INC	*W EXP 10/02/202	600,700	$12K	No change

Total filed on the 13F, all lines: $966.8M.

Portfolio Sells Q1 2024 → Q2 2024


BABA Alibaba Group Holding-SP ADR	Reduce -9.7%	4.73%	−1.15
HYZON MOTORS INC	Reduce -21.0%	0.50%	−1.12
FSLR First Solar Inc.	Sold out	0.00%	−1.07
MRO Marathon Oil Corp.	Reduce -85.2%	0.15%	−0.95
AR Antero Resources Corp.	Reduce -14.8%	5.41%	−0.89
JD Jd.com Inc.-ADR	Reduce -32.4%	1.13%	−0.85
FLEX Flex Ltd.	Sold out	0.00%	−0.73
BCS Barclays PLC-Spons ADR	Reduce -47.6%	0.61%	−0.54
FIP Ftai Infrastructure Inc.	Reduce -50.2%	0.69%	−0.43
COOP Mr Cooper Group Inc.	Reduce -16.0%	0.88%	−0.24
JILL J. Jill Inc.	Reduce -41.9%	0.28%	−0.21
CEPU Central Puerto-Sponsored ADR	Reduce -16.8%	0.56%	−0.20
TKO Tko Group Holdings Inc.	Reduce -25.0%	0.67%	−0.13
SUPV Grupo Supervielle SA-SP ADR	Reduce -27.1%	0.33%	−0.10
PINS Pinterest Inc. Class A	Reduce -24.1%	0.60%	−0.10
ECHO Echostar Corp. Class A	Reduce -14.0%	2.02%	−0.08
TE T1 Energy Inc.	Reduce -6.1%	0.40%	−0.07
IGIC International General Insura	Reduce -20.1%	0.19%	−0.07
LILAK Liberty Latin Americ Class C	Reduce -2.7%	1.79%	+0.30
FTAI Ftai Aviation Ltd.	Reduce -22.1%	7.58%	+0.50

Portfolio Buys Q1 2024 → Q2 2024


INSM Insmed Inc.	Add +71.6%	5.13%	+3.78
LVS Las Vegas Sands Corp.	Add +1695.0%	1.64%	+1.52
CZR Caesars Entertainment Inc.	Add +152.2%	2.60%	+1.33
PENN Penn Entertainment Inc.	New	1.20%	+1.20
WBD Warner Bros Discovery Inc.	Add +308.9%	1.69%	+1.15
IOVA Iovance Biotherapeutics Inc.	Add +195.1%	3.43%	+1.03
AKRO Akero Therapeutics Inc.	Add +119.0%	1.75%	+0.79
NXST Nexstar Media Group Inc.	Add +86.2%	2.08%	+0.78
CMCSA Comcast Corp. Class A	Add +47.2%	4.36%	+0.70
LBRDA Liberty Broadband-A	Add +61.9%	2.09%	+0.58
LBTYK Liberty Global Ltd. Class C	Add +39.7%	2.66%	+0.56
GL Globe Life Inc.	New	0.51%	+0.51
AURA Aura Biosciences Inc.	Add +113.4%	0.83%	+0.38
SGHT Sight Sciences Inc.	Add +86.9%	0.39%	+0.20
AMPS Altus Power Inc.	Add +427.6%	0.22%	+0.17
FOUR SHIFT4 Payments Inc. Class A	New	0.15%	+0.15
HLF Herbalife Ltd.	Add +11.3%	3.44%	+0.10
OPRT Oportun Financial Corp.	Add +6.0%	0.52%	+0.06
SFST Southern First Bancshares	New	0.03%	+0.03
DXLG Destination XL Group Inc.	Add +19.0%	0.16%	+0.01
LOMA Loma Negra Cia Ind-Spon ADR	Add +9.2%	0.17%	−0.00
BIOX Bioceres Crop Solutions Corp.	Add +19.9%	0.33%	−0.02
PYPL PayPal Holdings Inc.	Add +18.8%	0.38%	−0.03
CTRN Citi Trends Inc.	Add +24.9%	0.55%	−0.08
AZUL S A	Add +106.3%	1.84%	−0.09
TLYS Tilly's Inc. Class A SHRS	Add +17.5%	1.34%	−0.10
BUD Anheuser-Busch Inbev-SPN ADR	Add +4.5%	0.86%	−0.10
OMF Onemain Holdings Inc.	Add +3.6%	1.43%	−0.19
PCT Purecycle Technologies Inc.	Add +3.2%	1.47%	−0.20
QMCO Quantum Corp.	Add +0.1%	0.39%	−0.24
CLVT Clarivate PLC	Add +2.2%	0.69%	−0.30
AGO Assured Guaranty Ltd.	Add +6.3%	2.04%	−0.38
CLLS Cellectis - ADR	Add +2.9%	0.89%	−0.48
ADAPY Adaptimmune Therapeutics-ADR	Add +15.6%	1.25%	−0.70

Options Activity Q1 2024 → Q2 2024


BABA Alibaba Group Holding-SP ADR	call	Reduce -19.5%	4,509,900	$324.7M
CMCSA Comcast Corp. Class A	call	Add +339.6%	7,824,500	$306.4M
B Barrick Gold Corp.	call	Add +301.5%	13,651,000	$227.7M
INTC Intel Corp.	call	Add +632.7%	6,369,300	$197.3M
C Citigroup Inc.	call	Reduce -14.1%	2,870,600	$182.2M
BUD Anheuser-Busch Inbev-SPN ADR	call	Add +88.6%	2,490,100	$144.8M
ET Energy Transfer LP	call	Reduce -13.0%	5,672,800	$92.0M
CHTR Charter Communications Inc. Class A	call	New	280,000	$83.7M
BAC Bank of America Corp.	call	Reduce -43.8%	900,000	$35.8M
PFE Pfizer Inc.	call	Add +1.2%	1,163,300	$32.5M
BA The Boeing Co.	call	New	60,000	$10.9M
BCS Barclays PLC-Spons ADR	call	Reduce -75.8%	621,500	$6.7M

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	76	$2.4B	CHTR, AMZN, MOH, CNC, CMCSA
Q1 2026	84	$2.2B	AMZN, CHTR, MOH, FTAI, CZR
Q4 2025	77	$2.0B	FTAI, PYPL, CHTR, CNC, MOH
Q3 2025	79	$1.8B	FTAI, CHTR, CNC, PYPL, CVS
Q2 2025	81	$1.5B	FTAI, PYPL, CMCSA, ET, CVS
Q1 2025	86	$1.5B	FTAI, PYPL, CMCSA, CVS, ET
Q4 2024	87	$1.3B	CMCSA, FTAI, PYPL, ET, BABA
Q3 2024Amended	88	$1.1B	FTAI, BABA, PYPL, ET, CMCSA
Q2 2024	89	$966.8M	FTAI, ET, AR, INSM, BABA
Q1 2024	87	$865.7M	FTAI, AR, ET, BABA, CMCSA