Long Focus Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Long Focus Capital Management, LLC reported 88 stock positions worth $1.1 billion. Its top holding was Ftai Aviation (FTAI) at 6.6% of the portfolio, followed by Alibaba Group Holding-SP ADR (BABA, 6.0%) and PayPal (PYPL, 5.7%). Compared with Q2 2024, it opened 6 new positions, sold out of 7, added to 25 and reduced 17. The biggest buy was PayPal (PYPL, shares +1195%) and the biggest sale Insmed (INSM, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- SAN JUAN, PR
- CIK
- 0001602716
- Portfolio Value
- $1.1B (Q3 2024)
- SEC Filing
- 0001019056-24-000320 ↗ filed Nov 13, 2024
Holdings Value
Holdings 88 stocks · $1.1B
| FTAI Ftai Aviation Ltd. | 6.58% | 560,000 | $74.4M | Reduce -21.1% |
| BABA Alibaba Group Holding-SP ADR | 5.96% | 635,000 | $67.4M | No change |
| PYPL PayPal Holdings Inc. | 5.66% | 820,000 | $64.0M | Add +1195.4% |
| ET Energy Transfer LP | 4.75% | 3,342,400 | $53.6M | No change |
| CMCSA Comcast Corp. Class A | 4.16% | 1,126,900 | $47.1M | Add +4.6% |
| AR Antero Resources Corp. | 4.06% | 1,603,000 | $45.9M | No change |
| INSM Insmed Inc. | 4.06% | 628,900 | $45.9M | Reduce -15.1% |
| IOVA Iovance Biotherapeutics Inc. | 3.76% | 4,532,000 | $42.6M | Add +9.7% |
| LBTYK Liberty Global Ltd. Class C | 2.76% | 1,442,000 | $31.2M | No change |
| PENN Penn Entertainment Inc. | 2.50% | 1,500,000 | $28.3M | Add +150.0% |
| CZR Caesars Entertainment Inc. | 2.45% | 662,200 | $27.6M | Add +4.8% |
| HAPN Happen Inc. filed as LENDINGCLUB CORP | 2.44% | 2,409,725 | $27.5M | Reduce -29.4% |
| HLF Herbalife Ltd. | 2.38% | 3,738,000 | $26.9M | Add +16.7% |
| LBRDA Liberty Broadband-A | 2.11% | 310,100 | $23.8M | Reduce -16.2% |
| NXST Nexstar Media Group Inc. | 1.90% | 130,000 | $21.5M | Add +7.4% |
| AGO Assured Guaranty Ltd. | 1.86% | 265,000 | $21.1M | Add +3.9% |
| ONIT Onity Group Inc. | 1.84% | 652,088 | $20.8M | No change |
| AKRO Akero Therapeutics Inc. | 1.83% | 719,604 | $20.6M | No change |
| CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP | 1.79% | 1,843,000 | $20.2M | Add +28.9% |
| WBD Warner Bros Discovery Inc. | 1.79% | 2,450,000 | $20.2M | Add +11.4% |
| BTU Peabody Energy Corp. | 1.68% | 715,058 | $19.0M | No change |
| AZUL S A | 1.53% | 5,027,480 | $17.3M | Add +12.9% |
| INTC Intel Corp. | 1.49% | 720,000 | $16.9M | New |
| LILAK Liberty Latin Americ Class C | 1.42% | 1,695,400 | $16.1M | Reduce -6.0% |
| LVS Las Vegas Sands Corp. | 1.40% | 314,000 | $15.8M | Reduce -12.5% |
| ECHO Echostar Corp. Class A | 1.38% | 628,544 | $15.6M | Reduce -42.7% |
| WYNN WYNN Resorts Ltd. | 1.33% | 157,000 | $15.1M | New |
| JD Jd.com Inc.-ADR | 1.23% | 348,000 | $13.9M | Reduce -17.9% |
| OMF Onemain Holdings Inc. | 1.23% | 295,000 | $13.9M | Add +3.5% |
| ADAPY Adaptimmune Therapeutics-ADR | 1.12% | 13,299,890 | $12.6M | Add +7.7% |
| CPRI Capri Holdings Ltd. | 1.02% | 270,388 | $11.5M | Reduce -14.3% |
| PCT Purecycle Technologies Inc. | 1.01% | 1,203,781 | $11.4M | Reduce -49.9% |
| TLYS Tilly's Inc. Class A SHRS | 0.97% | 2,151,931 | $11.0M | No change |
| CTRN Citi Trends Inc. | 0.96% | 591,455 | $10.9M | Add +135.9% |
| AURA Aura Biosciences Inc. | 0.89% | 1,133,546 | $10.1M | Add +7.2% |
| CLLS Cellectis - ADR | 0.87% | 4,617,293 | $9.9M | No change |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.84% | 143,400 | $9.5M | No change |
| AM Antero Midstream Corp. | 0.81% | 610,000 | $9.2M | No change |
| VLRS Controladora Vuela Cia-ADR | 0.80% | 1,426,920 | $9.0M | Add +791.8% |
| CLVT Clarivate PLC | 0.74% | 1,175,000 | $8.3M | No change |
| EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP | 0.73% | 100,300 | $8.2M | No change |
| PAGS Pagseguro Digital Ltd. Class A | 0.70% | 922,000 | $7.9M | Add +100.4% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 0.65% | 162,707 | $7.4M | No change |
| APO Apollo Global Management Inc. | 0.63% | 57,000 | $7.1M | Reduce -25.0% |
| FOUR SHIFT4 Payments Inc. Class A | 0.59% | 75,000 | $6.6M | Add +275.0% |
| PINS Pinterest Inc. Class A | 0.55% | 192,000 | $6.2M | Add +45.5% |
| COOP Mr Cooper Group Inc. | 0.53% | 65,000 | $6.0M | Reduce -38.1% |
| C Citigroup Inc. | 0.52% | 94,640 | $5.9M | No change |
| WFC Wells Fargo & Co. | 0.51% | 103,000 | $5.8M | No change |
| CEPU Central Puerto-Sponsored ADR | 0.50% | 592,696 | $5.6M | No change |
| SGHT Sight Sciences Inc. | 0.48% | 865,097 | $5.5M | Add +54.3% |
| GL Globe Life Inc. | 0.47% | 50,000 | $5.3M | Reduce -16.7% |
| OPRT Oportun Financial Corp. | 0.43% | 1,740,777 | $4.9M | No change |
| FIP Ftai Infrastructure Inc. | 0.43% | 517,659 | $4.8M | Reduce -32.6% |
| SHOP Shopify Inc. Class A | 0.43% | 60,000 | $4.8M | New |
| LAD Lithia Motors Inc. | 0.39% | 13,900 | $4.4M | No change |
| TE T1 Energy Inc. filed as FREYR BATTERY INC | 0.38% | 4,449,050 | $4.3M | Add +93.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 93,000 | $3.7M | No change |
| BCS Barclays PLC-Spons ADR | 0.27% | 252,000 | $3.1M | Reduce -54.6% |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.27% | 377,600 | $3.0M | Add +58.9% |
| TAL Tal Education Group- ADR | 0.26% | 250,000 | $3.0M | New |
| BIOX Bioceres Crop Solutions Corp. | 0.22% | 322,817 | $2.5M | Add +15.1% |
| SUPV Grupo Supervielle SA-SP ADR | 0.22% | 345,689 | $2.5M | Reduce -26.6% |
| MTG Mgic Investment Corp. | 0.22% | 95,000 | $2.4M | No change |
| JILL J. Jill Inc. | 0.17% | 76,320 | $1.9M | No change |
| GLNG Golar LNG Ltd. | 0.16% | 50,000 | $1.8M | No change |
| CMP Compass Minerals Internation | 0.16% | 150,000 | $1.8M | New |
| AMPS Altus Power Inc. | 0.15% | 549,081 | $1.7M | No change |
| QMCO Quantum Corp. | 0.15% | 477,999 | $1.7M | Add +4.2% |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.12% | 150,000 | $1.3M | No change |
| DXLG Destination XL Group Inc. | 0.11% | 438,042 | $1.3M | No change |
| FOA Finance of America Cos Inc. Class A | 0.11% | 110,434 | $1.3M | Reduce -2.3% |
| ACHV Achieve Life Sciences Inc. | 0.10% | 248,099 | $1.2M | No change |
| PAR Par Technology Corp. | 0.09% | 20,357 | $1.1M | Add +96.5% |
| GOOGL Alphabet Inc. Class A | 0.09% | 5,980 | $992K | No change |
| APG Api Group Corp. | 0.09% | 30,000 | $991K | New |
| XPL Solitario Resources Corp. | 0.09% | 1,409,700 | $987K | No change |
| NXTC Nextcure Inc. | 0.07% | 556,105 | $762K | No change |
| HYZN Hyzon Motors Inc. | 0.06% | 300,330 | $730K | No change |
| ANIX Anixa Biosciences Inc. | 0.05% | 165,701 | $522K | No change |
| GPRO Gopro Inc. Class A | 0.03% | 280,700 | $382K | No change |
| SFST Southern First Bancshares | 0.03% | 10,000 | $341K | No change |
| TUSK Mammoth Energy Services Inc. | 0.02% | 57,681 | $236K | No change |
| LCTX Lineage Cell Therapeutics Inc. | 0.02% | 215,000 | $195K | No change |
| IRIX Iridex Corp. | 0.02% | 100,000 | $175K | No change |
| OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC | 0.01% | 10,000 | $112K | No change |
| MBI Mbia Inc. | 0.01% | 30,000 | $107K | No change |
| ONCY Oncolytics Biotech Inc. | 0.00% | 40,000 | $35K | No change |
Options reported separately and not counted above: CMCSA calls ($392.0M), INTC calls ($284.4M), B calls ($273.5M), BUD calls ($248.6M), BABA calls ($241.9M), C calls ($131.5M), ET calls ($96.1M), CHTR calls ($32.4M), PFE calls ($10.5M), BA calls ($9.9M), BAC calls ($2.0M), BCS calls ($1.5M).
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: $1.1B.
Portfolio Sells Q2 2024 → Q3 2024
| INSM Insmed Inc. | Reduce -15.1% | 4.06% | −1.07 |
| FTAI Ftai Aviation Ltd. | Reduce -21.1% | 6.58% | −1.00 |
| TKO Tko Group Holdings Inc. | Sold out | 0.00% | −0.67 |
| ECHO Echostar Corp. Class A | Reduce -42.7% | 1.38% | −0.64 |
| HAPN Happen Inc. | Reduce -29.4% | 2.44% | −0.55 |
| PCT Purecycle Technologies Inc. | Reduce -49.9% | 1.01% | −0.46 |
| LILAK Liberty Latin Americ Class C | Reduce -6.0% | 1.42% | −0.37 |
| COOP Mr Cooper Group Inc. | Reduce -38.1% | 0.53% | −0.35 |
| BCS Barclays PLC-Spons ADR | Reduce -54.6% | 0.27% | −0.34 |
| APO Apollo Global Management Inc. | Reduce -25.0% | 0.63% | −0.30 |
| FIP Ftai Infrastructure Inc. | Reduce -32.6% | 0.43% | −0.26 |
| LVS Las Vegas Sands Corp. | Reduce -12.5% | 1.40% | −0.24 |
| AKR Acadia Realty Trust | Sold out | 0.00% | −0.20 |
| IGIC International General Insura | Sold out | 0.00% | −0.19 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −0.15 |
| SUPV Grupo Supervielle SA-SP ADR | Reduce -26.6% | 0.22% | −0.11 |
| CPRI Capri Holdings Ltd. | Reduce -14.3% | 1.02% | −0.06 |
| LUMN Lumen Technologies Inc. | Sold out | 0.00% | −0.06 |
| GL Globe Life Inc. | Reduce -16.7% | 0.47% | −0.04 |
| SGMOQ Sangamo Therapeutics Inc. | Sold out | 0.00% | −0.04 |
| TELL Tellurian Inc. | Sold out | 0.00% | −0.04 |
| LBRDA Liberty Broadband-A | Reduce -16.2% | 2.11% | +0.02 |
| FOA Finance of America Cos Inc. Class A | Reduce -2.3% | 0.11% | +0.06 |
| JD Jd.com Inc.-ADR | Reduce -17.9% | 1.23% | +0.10 |
Portfolio Buys Q2 2024 → Q3 2024
| PYPL PayPal Holdings Inc. | Add +1195.4% | 5.66% | +5.28 |
| INTC Intel Corp. | New | 1.49% | +1.49 |
| WYNN WYNN Resorts Ltd. | New | 1.33% | +1.33 |
| PENN Penn Entertainment Inc. | Add +150.0% | 2.50% | +1.30 |
| VLRS Controladora Vuela Cia-ADR | Add +791.8% | 0.80% | +0.69 |
| FOUR SHIFT4 Payments Inc. Class A | Add +275.0% | 0.59% | +0.44 |
| SHOP Shopify Inc. Class A | New | 0.43% | +0.43 |
| CTRN Citi Trends Inc. | Add +135.9% | 0.96% | +0.41 |
| IOVA Iovance Biotherapeutics Inc. | Add +9.7% | 3.76% | +0.34 |
| TAL Tal Education Group- ADR | New | 0.26% | +0.26 |
| CMP Compass Minerals Internation | New | 0.16% | +0.16 |
| PAGS Pagseguro Digital Ltd. Class A | Add +100.4% | 0.70% | +0.15 |
| LOMA Loma Negra Cia Ind-Spon ADR | Add +58.9% | 0.27% | +0.10 |
| SGHT Sight Sciences Inc. | Add +54.3% | 0.48% | +0.10 |
| WBD Warner Bros Discovery Inc. | Add +11.4% | 1.79% | +0.10 |
| APG Api Group Corp. | New | 0.09% | +0.09 |
| AURA Aura Biosciences Inc. | Add +7.2% | 0.89% | +0.07 |
| PAR Par Technology Corp. | Add +96.5% | 0.09% | +0.04 |
| TE T1 Energy Inc. | Add +93.6% | 0.38% | −0.02 |
| PINS Pinterest Inc. Class A | Add +45.5% | 0.55% | −0.05 |
| BIOX Bioceres Crop Solutions Corp. | Add +15.1% | 0.22% | −0.10 |
| ADAPY Adaptimmune Therapeutics-ADR | Add +7.7% | 1.12% | −0.13 |
| CZR Caesars Entertainment Inc. | Add +4.8% | 2.45% | −0.15 |
| AGO Assured Guaranty Ltd. | Add +3.9% | 1.86% | −0.17 |
| NXST Nexstar Media Group Inc. | Add +7.4% | 1.90% | −0.18 |
| CMCSA Comcast Corp. Class A | Add +4.6% | 4.16% | −0.20 |
| OMF Onemain Holdings Inc. | Add +3.5% | 1.23% | −0.20 |
| QMCO Quantum Corp. | Add +4.2% | 0.15% | −0.24 |
| AZUL S A | Add +12.9% | 1.53% | −0.31 |
| CALY Callaway Golf Company | Add +28.9% | 1.79% | −0.47 |
| HLF Herbalife Ltd. | Add +16.7% | 2.38% | −1.06 |
Options Activity Q2 2024 → Q3 2024
| CMCSA Comcast Corp. Class A | call | Add +19.9% | 9,385,100 | $392.0M |
| INTC Intel Corp. | call | Add +90.3% | 12,120,800 | $284.4M |
| B Barrick Gold Corp. | call | Add +0.7% | 13,751,000 | $273.5M |
| BUD Anheuser-Busch Inbev-SPN ADR | call | Add +50.6% | 3,750,000 | $248.6M |
| BABA Alibaba Group Holding-SP ADR | call | Reduce -49.5% | 2,279,800 | $241.9M |
| C Citigroup Inc. | call | Reduce -26.8% | 2,100,600 | $131.5M |
| ET Energy Transfer LP | call | Add +5.5% | 5,987,000 | $96.1M |
| CHTR Charter Communications Inc. Class A | call | Reduce -64.3% | 100,000 | $32.4M |
| PFE Pfizer Inc. | call | Reduce -68.8% | 363,300 | $10.5M |
| BA The Boeing Co. | call | Add +8.3% | 65,000 | $9.9M |
| BAC Bank of America Corp. | call | Reduce -94.4% | 50,000 | $2.0M |
| BCS Barclays PLC-Spons ADR | call | Reduce -80.5% | 121,500 | $1.5M |
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 |