Long Focus Capital Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Long Focus Capital Management, LLC reported 84 stock positions worth $2.2 billion. Its top holding was Amazon.com (AMZN) at 6.5% of the portfolio, followed by Charter Communications Class A (CHTR, 4.0%) and Molina Healthcare (MOH, 3.6%). Compared with Q4 2025, it opened 13 new positions, sold out of 6, added to 26 and reduced 20. The biggest buy was Amazon.com (AMZN, shares +230%) and the biggest sale an exit from PayPal (PYPL).
- Most Recent 13F
- Q2 2026
- Location
- SAN JUAN, PR
- CIK
- 0001602716
- Portfolio Value
- $2.2B (Q1 2026)
- SEC Filing
- 0001602716-26-000003 ↗ filed May 15, 2026
Holdings Value
Holdings 84 stocks · $2.2B
| AMZN Amazon.com Inc. | 6.53% | 704,155 | $146.7M | Add +230.3% |
| CHTR Charter Communications Inc. Class A | 3.99% | 415,000 | $89.6M | Reduce -2.8% |
| MOH Molina Healthcare Inc. | 3.65% | 615,000 | $82.0M | Add +35.2% |
| FTAI Ftai Aviation Ltd. | 3.43% | 315,000 | $77.2M | Reduce -43.8% |
| CZR Caesars Entertainment Inc. | 3.19% | 2,715,000 | $71.8M | Add +0.2% |
| ET Energy Transfer LP | 2.87% | 3,342,400 | $64.5M | No change |
| CMCSA Comcast Corp. Class A | 2.86% | 2,240,416 | $64.3M | No change |
| CVS CVS Health Corp. | 2.86% | 894,000 | $64.2M | Add +6.4% |
| CNC Centene Corp. | 2.81% | 1,928,000 | $63.1M | Reduce -5.7% |
| GLNG Golar LNG Ltd. | 2.78% | 1,154,000 | $62.4M | Reduce -24.4% |
| BNTX Biontech SE-ADR | 2.47% | 624,000 | $55.5M | Add +22.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.42% | 565,000 | $54.5M | New |
| APO Apollo Global Management Inc. | 2.40% | 484,000 | $53.9M | Add +2481.3% |
| UNH Unitedhealth Group Inc. | 2.26% | 188,000 | $50.9M | Add +54.4% |
| VSAT Viasat Inc. | 2.22% | 1,089,300 | $49.9M | Add +4.3% |
| AR Antero Resources Corp. | 2.21% | 1,170,000 | $49.7M | Reduce -10.8% |
| HUM Humana Inc. | 2.20% | 285,000 | $49.4M | Add +68.1% |
| PINS Pinterest Inc. Class A | 2.20% | 2,692,000 | $49.4M | Add +114.3% |
| RKT Rocket Cos Inc. Class A | 2.11% | 3,326,000 | $47.4M | Add +17.9% |
| HHH Howard Hughes Holdings Inc. | 2.07% | 733,695 | $46.4M | Add +98.7% |
| MSFT Microsoft Corp. | 2.04% | 124,000 | $45.9M | New |
| KKR KKR & Co. Inc. | 2.03% | 492,000 | $45.5M | New |
| BLDR Builders Firstsource Inc. | 1.76% | 479,000 | $39.4M | Add +43.0% |
| B Barrick Mining Corp. | 1.63% | 900,000 | $36.7M | New |
| PENN Penn Entertainment Inc. | 1.44% | 2,150,000 | $32.3M | Add +14.4% |
| AGO Assured Guaranty Ltd. | 1.38% | 380,000 | $31.0M | No change |
| AURA Aura Biosciences Inc. | 1.38% | 4,619,582 | $30.9M | No change |
| FOUR SHIFT4 Payments Inc. Class A | 1.31% | 675,000 | $29.5M | Add +90.7% |
| UBER Uber Technologies Inc. | 1.28% | 399,000 | $28.7M | New |
| MAT Mattel Inc. | 1.24% | 1,919,166 | $27.9M | New |
| JD Jd.com Inc.-ADR | 1.24% | 942,622 | $27.9M | Add +5.2% |
| HAPN Happen Inc. | 1.23% | 1,936,000 | $27.7M | Add +61.3% |
| TIC Tic Solutions Inc. | 1.20% | 4,101,212 | $27.0M | Add +33.4% |
| COF Capital One Financial Corp. | 1.18% | 145,000 | $26.5M | New |
| HLF Herbalife Ltd. | 1.11% | 1,699,200 | $25.0M | Reduce -26.1% |
| INSM Insmed Inc. | 1.06% | 145,000 | $23.7M | Add +16.0% |
| GGAL Grupo Financiero Galicia-ADR | 1.05% | 506,000 | $23.6M | No change |
| WOOF Petco Health and Wellness Co. | 0.99% | 8,010,051 | $22.3M | Add +3.2% |
| ONIT Onity Group Inc. | 0.94% | 540,598 | $21.2M | Reduce -12.4% |
| FIP Ftai Infrastructure Inc. | 0.90% | 4,073,305 | $20.1M | Reduce -28.4% |
| LBRDA Liberty Broadband-A | 0.84% | 375,000 | $18.8M | No change |
| CIGI Colliers Intl GR-Subord Vot | 0.83% | 175,000 | $18.7M | New |
| BIDU Baidu Inc. - Spon ADR | 0.79% | 159,800 | $17.8M | No change |
| SUPV Grupo Supervielle SA-SP ADR | 0.77% | 1,840,000 | $17.4M | Reduce -4.2% |
| WYNN WYNN Resorts Ltd. | 0.75% | 165,000 | $16.8M | Add +83.3% |
| CRM Salesforce Inc. | 0.73% | 88,000 | $16.4M | New |
| BCYC Bicycle Therapeutics PLC-ADR | 0.68% | 3,310,687 | $15.4M | Add +102.7% |
| LAB Standard Biotools Inc. | 0.66% | 16,015,721 | $14.7M | Add +26.3% |
| LAD Lithia Motors Inc. | 0.62% | 56,000 | $14.0M | Add +19.1% |
| LBTYK Liberty Global Ltd. Class C | 0.62% | 1,182,980 | $13.9M | Reduce -20.8% |
| SGHT Sight Sciences Inc. | 0.60% | 3,594,100 | $13.5M | Add +9.2% |
| ARHS Arhaus Inc. | 0.59% | 1,969,310 | $13.4M | Add +52.7% |
| PAR Par Technology Corp. | 0.59% | 990,000 | $13.2M | No change |
| TAL Tal Education Group- ADR filed as TAL ED GROUP | 0.57% | 1,117,300 | $12.7M | No change |
| VLRS Controladora Vuela Cia-ADR | 0.53% | 1,640,000 | $11.9M | Reduce -4.4% |
| UAL United Airlines Holdings Inc. | 0.49% | 119,000 | $11.0M | Reduce -14.4% |
| LILAK Liberty Latin Americ Class C | 0.47% | 1,200,000 | $10.6M | Reduce -23.0% |
| PZZA Papa John's Intl Inc. | 0.45% | 310,622 | $10.1M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.45% | 80,000 | $10.0M | New |
| ELV Elevance Health Inc. | 0.41% | 31,100 | $9.1M | Reduce -49.2% |
| CLLS Cellectis - ADR | 0.39% | 2,744,098 | $8.7M | Reduce -1.6% |
| IOVA Iovance Biotherapeutics Inc. | 0.33% | 2,100,000 | $7.4M | Reduce -75.6% |
| NOW ServiceNow Inc. | 0.33% | 70,000 | $7.3M | New |
| APG Api Group Corp. | 0.31% | 172,764 | $7.0M | Reduce -13.3% |
| OPRT Oportun Financial Corp. | 0.31% | 1,515,777 | $7.0M | No change |
| WDAY Workday Inc. Class A | 0.30% | 52,000 | $6.8M | New |
| MGTX Meiragtx Holdings PLC | 0.20% | 524,745 | $4.5M | No change |
| C Citigroup Inc. | 0.20% | 40,000 | $4.5M | Reduce -59.9% |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.19% | 377,600 | $4.2M | No change |
| EXE Expand Energy Corp. | 0.18% | 36,000 | $4.0M | No change |
| NFE New Fortress Energy Inc. | 0.16% | 6,047,477 | $3.6M | Reduce -40.5% |
| CLVT Clarivate PLC | 0.13% | 1,175,000 | $3.0M | No change |
| LYFT LYFT Inc. Class A | 0.09% | 150,000 | $2.0M | New |
| TDAY USA Today Co. Inc. | 0.08% | 268,863 | $1.9M | No change |
| CABO Cable One Inc. | 0.08% | 19,777 | $1.8M | No change |
| WSC Willscot Holdings Corp. | 0.08% | 99,562 | $1.7M | No change |
| GOOGL Alphabet Inc. Class A | 0.08% | 5,980 | $1.7M | No change |
| GLIBK Liberty Capital Corp. Class C filed as GCI LIBERTY INC | 0.05% | 31,514 | $1.2M | No change |
| XPL Solitario Resources Corp. | 0.05% | 1,409,700 | $1.2M | No change |
| AIOT Powerfleet Inc. | 0.05% | 337,504 | $1.0M | No change |
| GLIBA Liberty Capital Corp. filed as GCI LIBERTY INC | 0.04% | 21,600 | $796K | Reduce -71.2% |
| BIOX Bioceres Crop Solutions Corp. | 0.02% | 829,748 | $369K | No change |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | 0.01% | 235,000 | $326K | No change |
| DXLG Destination XL Group Inc. | 0.01% | 498,042 | $254K | No change |
Options reported separately and not counted above: CMCSA calls ($484.8M), CHTR calls ($273.5M), DIS calls ($264.8M), BP calls ($169.3M), ET calls ($125.4M), CVS calls ($104.2M), PYPL calls ($43.5M), BUD calls ($17.7M), UNH calls ($16.2M), HUM calls ($8.0M), GM calls ($5.6M), B calls ($4.1M), and 1 more.
Portfolio Sells Q4 2025 → Q1 2026
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −4.86 |
| FTAI Ftai Aviation Ltd. | Reduce -43.8% | 3.43% | −2.05 |
| CNC Centene Corp. | Reduce -5.7% | 2.81% | −1.38 |
| IOVA Iovance Biotherapeutics Inc. | Reduce -75.6% | 0.33% | −0.84 |
| OVV Ovintiv Inc. | Sold out | 0.00% | −0.72 |
| ELV Elevance Health Inc. | Reduce -49.2% | 0.41% | −0.66 |
| AM Antero Midstream Corp. | Sold out | 0.00% | −0.54 |
| ONIT Onity Group Inc. | Reduce -12.4% | 0.94% | −0.46 |
| CHTR Charter Communications Inc. Class A | Reduce -2.8% | 3.99% | −0.45 |
| NFE New Fortress Energy Inc. | Reduce -40.5% | 0.16% | −0.42 |
| FIP Ftai Infrastructure Inc. | Reduce -28.4% | 0.90% | −0.41 |
| TE T1 Energy Inc. | Sold out | 0.00% | −0.38 |
| C Citigroup Inc. | Reduce -59.9% | 0.20% | −0.38 |
| HLF Herbalife Ltd. | Reduce -26.1% | 1.11% | −0.36 |
| SUPV Grupo Supervielle SA-SP ADR | Reduce -4.2% | 0.77% | −0.36 |
| UAL United Airlines Holdings Inc. | Reduce -14.4% | 0.49% | −0.29 |
| CLLS Cellectis - ADR | Reduce -1.6% | 0.39% | −0.28 |
| VLRS Controladora Vuela Cia-ADR | Reduce -4.4% | 0.53% | −0.23 |
| LBTYK Liberty Global Ltd. Class C | Reduce -20.8% | 0.62% | −0.20 |
| TLYS Tilly's Inc. Class A SHRS | Sold out | 0.00% | −0.17 |
| LILAK Liberty Latin Americ Class C | Reduce -23.0% | 0.47% | −0.11 |
| GLIBA Liberty Capital Corp. | Reduce -71.2% | 0.04% | −0.10 |
| PAGS Pagseguro Digital Ltd. Class A | Sold out | 0.00% | −0.07 |
| APG Api Group Corp. | Reduce -13.3% | 0.31% | −0.07 |
| GLNG Golar LNG Ltd. | Reduce -24.4% | 2.78% | −0.05 |
| AR Antero Resources Corp. | Reduce -10.8% | 2.21% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| AMZN Amazon.com Inc. | Add +230.3% | 6.53% | +4.08 |
| DIS The Walt Disney Co. | New | 2.42% | +2.42 |
| APO Apollo Global Management Inc. | Add +2481.3% | 2.40% | +2.27 |
| MSFT Microsoft Corp. | New | 2.04% | +2.04 |
| KKR KKR & Co. Inc. | New | 2.03% | +2.03 |
| B Barrick Mining Corp. | New | 1.63% | +1.63 |
| UBER Uber Technologies Inc. | New | 1.28% | +1.28 |
| MAT Mattel Inc. | New | 1.24% | +1.24 |
| COF Capital One Financial Corp. | New | 1.18% | +1.18 |
| CIGI Colliers Intl GR-Subord Vot | New | 0.83% | +0.83 |
| CRM Salesforce Inc. | New | 0.73% | +0.73 |
| HHH Howard Hughes Holdings Inc. | Add +98.7% | 2.07% | +0.60 |
| PINS Pinterest Inc. Class A | Add +114.3% | 2.20% | +0.58 |
| BABA Alibaba Group Holding-SP ADR | New | 0.45% | +0.45 |
| VSAT Viasat Inc. | Add +4.3% | 2.22% | +0.43 |
| NOW ServiceNow Inc. | New | 0.33% | +0.33 |
| WDAY Workday Inc. Class A | New | 0.30% | +0.30 |
| UNH Unitedhealth Group Inc. | Add +54.4% | 2.26% | +0.26 |
| WYNN WYNN Resorts Ltd. | Add +83.3% | 0.75% | +0.21 |
| FOUR SHIFT4 Payments Inc. Class A | Add +90.7% | 1.31% | +0.20 |
| BCYC Bicycle Therapeutics PLC-ADR | Add +102.7% | 0.68% | +0.11 |
| HAPN Happen Inc. | Add +61.3% | 1.23% | +0.10 |
| LYFT LYFT Inc. Class A | New | 0.09% | +0.09 |
| BNTX Biontech SE-ADR | Add +22.9% | 2.47% | +0.06 |
| PENN Penn Entertainment Inc. | Add +14.4% | 1.44% | +0.06 |
| BLDR Builders Firstsource Inc. | Add +43.0% | 1.76% | +0.04 |
| CZR Caesars Entertainment Inc. | Add +0.2% | 3.19% | +0.04 |
| HUM Humana Inc. | Add +68.1% | 2.20% | +0.04 |
| INSM Insmed Inc. | Add +16.0% | 1.06% | −0.03 |
| JD Jd.com Inc.-ADR | Add +5.2% | 1.24% | −0.04 |
| WOOF Petco Health and Wellness Co. | Add +3.2% | 0.99% | −0.10 |
| ARHS Arhaus Inc. | Add +52.7% | 0.59% | −0.13 |
| LAB Standard Biotools Inc. | Add +26.3% | 0.66% | −0.15 |
| LAD Lithia Motors Inc. | Add +19.1% | 0.62% | −0.16 |
| MOH Molina Healthcare Inc. | Add +35.2% | 3.65% | −0.28 |
| TIC Tic Solutions Inc. | Add +33.4% | 1.20% | −0.35 |
| CVS CVS Health Corp. | Add +6.4% | 2.86% | −0.46 |
| RKT Rocket Cos Inc. Class A | Add +17.9% | 2.11% | −0.61 |
| SGHT Sight Sciences Inc. | Add +9.2% | 0.60% | −0.70 |
Options Activity Q4 2025 → Q1 2026
| CMCSA Comcast Corp. Class A | call | Reduce -27.8% | 16,885,400 | $484.8M |
| CHTR Charter Communications Inc. Class A | call | Reduce -3.4% | 1,267,000 | $273.5M |
| DIS The Walt Disney Co. | call | New | 2,747,700 | $264.8M |
| CVX Chevron Corp. | call | Sold out | 1,115,000 | $169.9Mbefore exit |
| BP BP PLC-Spons ADR | call | Reduce -29.4% | 3,602,700 | $169.3M |
| ET Energy Transfer LP | call | Add +4.2% | 6,496,200 | $125.4M |
| CVS CVS Health Corp. | call | Add +28.3% | 1,450,200 | $104.2M |
| PYPL PayPal Holdings Inc. | call | Add +47.9% | 961,000 | $43.5M |
| BUD Anheuser-Busch Inbev-SPN ADR | call | Reduce -79.8% | 255,000 | $17.7M |
| UNH Unitedhealth Group Inc. | call | New | 60,000 | $16.2M |
| CZR Caesars Entertainment Inc. | call | Sold out | 500,500 | $11.7Mbefore exit |
| PFE Pfizer Inc. | call | Sold out | 363,300 | $9.0Mbefore exit |
| GM General Motors Co. | call | Reduce -65.9% | 75,000 | $5.6M |
| B Barrick Mining Corp. | call | Reduce -94.8% | 100,000 | $4.1M |
| BABA Alibaba Group Holding-SP ADR | call | Reduce -80.7% | 30,000 | $3.8M |
| C Citigroup Inc. | call | Sold out | 30,000 | $3.5Mbefore exit |
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 |