Moore Capital Management, LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed August 12, 2025), Moore Capital Management, LP reported 348 stock positions worth $2.5 billion. Its top holding was State Street SPDR S&P Midcap (MDY) at 7.7% of the portfolio, followed by iShares Russell 2000 ETF (IWM, 6.4%) and SS SPDR S&P 500 ETF Trust-US (SPY, 4.5%). Compared with Q4 2024, it opened 143 new positions, sold out of 143, added to 64 and reduced 82. The biggest buy was iShares Russell 2000 ETF (IWM, shares +798%) and the biggest sale Nvidia (NVDA, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001448574
- Portfolio Value
- $2.5B (Q1 2025)
- SEC Filing
- 0001448574-25-000005 ↗ filed Aug 12, 2025
Holdings Value
Holdings 348 stocks · $2.5B
| MDY State Street SPDR S&P Midcap | 7.71% | 365,925 | $195.2M | Reduce -30.6% |
| IWM iShares Russell 2000 ETF | 6.38% | 810,400 | $161.7M | Add +797.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.55% | 205,968 | $115.2M | New |
| ALLY Ally Financial Inc. | 4.00% | 2,777,641 | $101.3M | Reduce -8.1% |
| TLT iShares 20+ Year Treasury BD | 2.57% | 716,176 | $65.2M | New |
| UBS UBS Group AG-Reg | 1.73% | 1,442,286 | $43.8M | New |
| GPN Global Payments Inc. | 1.44% | 371,659 | $36.4M | Add +57.5% |
| PRMB Primo Brands Corp. | 1.26% | 903,102 | $32.1M | Reduce -47.9% |
| BABA Alibaba Group Holding-SP ADR | 1.24% | 238,000 | $31.5M | Add +735.1% |
| MRP Millrose Properties | 1.17% | 1,121,093 | $29.7M | New |
| DOW Dow Inc. | 1.06% | 766,660 | $26.8M | Add +1226.2% |
| WBS Webster Financial Corp. | 1.04% | 511,031 | $26.3M | Add +62.4% |
| KRE SS SPDR S&P Regional Bank | 1.02% | 456,390 | $25.9M | Reduce -74.6% |
| SCHW Schwab (charles) Corp. | 1.00% | 323,785 | $25.3M | Reduce -47.4% |
| ALIT Alight Inc. Class A | 0.99% | 4,247,533 | $25.2M | Add +9.7% |
| COF Capital One Financial Corp. | 0.94% | 132,735 | $23.8M | Reduce -41.8% |
| CMA Comerica Inc. | 0.93% | 398,206 | $23.5M | Add +9.7% |
| DD Dupont DE Nemours Inc. | 0.92% | 311,416 | $23.3M | New |
| TRV The Travelers Cos Inc. | 0.90% | 86,343 | $22.8M | New |
| TIC Tic Solutions Inc. filed as ACUREN CORP | 0.79% | 1,800,000 | $20.0M | New |
| MMM 3M Co. | 0.78% | 133,906 | $19.7M | Add +11.9% |
| RITM Rithm Capital Corp. | 0.76% | 1,675,000 | $19.2M | Add +8.4% |
| GFL GFL Environmental Inc.-Sub VT | 0.71% | 373,698 | $18.1M | Add +13.6% |
| ATS Ats Corp. | 0.71% | 722,482 | $18.0M | New |
| THC Tenet Healthcare Corp. | 0.68% | 127,535 | $17.2M | Add +131.8% |
| TFX Teleflex Inc. | 0.67% | 123,411 | $17.1M | Add +351.2% |
| UHS Universal Health Services-B | 0.64% | 86,859 | $16.3M | Add +141.8% |
| IEF iShares 7-10 Year Treasury B | 0.64% | 168,800 | $16.1M | New |
| V Visa Inc. Class A | 0.63% | 45,833 | $16.1M | Reduce -4.1% |
| NFLX Netflix Inc. | 0.63% | 17,195 | $16.0M | Add +16.0% |
| META Meta Platforms Inc. Class A | 0.62% | 27,241 | $15.7M | Reduce -76.3% |
| UBER Uber Technologies Inc. | 0.62% | 214,098 | $15.6M | Reduce -68.8% |
| TFII Tfi International Inc. | 0.61% | 199,307 | $15.4M | New |
| UNM Unum Group | 0.61% | 188,875 | $15.4M | New |
| SPOT Spotify Technology SA | 0.60% | 27,852 | $15.3M | Reduce -87.3% |
| CFG Citizens Financial Group | 0.60% | 371,659 | $15.2M | Add +2.4% |
| EMLC Vaneck JPM Em Local Curr BND | 0.59% | 629,590 | $15.0M | New |
| ARGX Argenx SE - ADR | 0.58% | 25,000 | $14.8M | Reduce -26.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.57% | 31,036 | $14.6M | New |
| KDP Keurig Dr Pepper Inc. | 0.56% | 418,013 | $14.3M | New |
| ASND Ascendis Pharma A/S | 0.55% | 90,000 | $14.0M | Add +350.0% |
| CCK Crown Holdings Inc. | 0.55% | 155,709 | $13.9M | New |
| WFC Wells Fargo & Co. | 0.54% | 188,876 | $13.6M | Reduce -75.7% |
| TKO Tko Group Holdings Inc. | 0.54% | 88,705 | $13.6M | Reduce -78.8% |
| MA Mastercard Inc. Class A | 0.53% | 24,649 | $13.5M | New |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 0.53% | 277,523 | $13.4M | Add +122.5% |
| PH Parker Hannifin Corp. | 0.53% | 22,022 | $13.4M | Add +34.5% |
| DLTR Dollar Tree Inc. | 0.53% | 177,410 | $13.3M | New |
| RSP Invesco S&P 500 Equal Weight | 0.52% | 76,580 | $13.3M | Add +1459.0% |
| AON Aon PLC Class A | 0.51% | 32,379 | $12.9M | Reduce -82.7% |
| RBLX Roblox Corp. Class A | 0.51% | 219,900 | $12.8M | Reduce -77.2% |
| GEO The Geo Group Inc. | 0.50% | 435,982 | $12.7M | New |
| BWXT BWX Technologies Inc. | 0.48% | 124,566 | $12.3M | Add +73.5% |
| AVTR Avantor Inc. | 0.48% | 753,830 | $12.2M | Add +50.8% |
| CME Cme Group Inc. | 0.47% | 45,000 | $11.9M | Reduce -3.5% |
| ELV Elevance Health Inc. | 0.46% | 26,542 | $11.5M | Add +2517.6% |
| MRK Merck & Co. Inc. | 0.46% | 128,567 | $11.5M | New |
| MAN Manpowergroup Inc. | 0.44% | 191,026 | $11.1M | New |
| ICLR Icon PLC | 0.44% | 63,047 | $11.0M | Add +350.2% |
| UNH Unitedhealth Group Inc. | 0.44% | 21,059 | $11.0M | Reduce -29.8% |
| VTRS Viatris Inc. | 0.43% | 1,249,596 | $10.9M | New |
| RACE Ferrari NV | 0.43% | 25,563 | $10.8M | New |
| CCIX Churchill Capital Corp. Ix | 0.42% | 1,000,000 | $10.8M | No change |
| MOS The Mosaic Co. | 0.42% | 396,153 | $10.7M | Add +1427.6% |
| JPM JPMorgan Chase & Co. | 0.42% | 43,171 | $10.6M | New |
| DHR Danaher Corp. | 0.41% | 50,386 | $10.3M | New |
| BEAGU Bold Eagle Acquisition Corp. | 0.41% | 1,000,000 | $10.3M | No change |
| PNR Pentair PLC | 0.40% | 115,542 | $10.1M | Add +672.6% |
| ATI Ati Inc. | 0.38% | 186,849 | $9.7M | Add +212.4% |
| AMZN Amazon.com Inc. | 0.38% | 50,497 | $9.6M | Reduce -94.8% |
| TFC Truist Financial Corp. | 0.38% | 232,287 | $9.6M | Reduce -23.2% |
| CVS CVS Health Corp. | 0.37% | 140,000 | $9.5M | Reduce -70.6% |
| ABBV Abbvie Inc. | 0.37% | 45,000 | $9.4M | New |
| URI United Rentals Inc. | 0.37% | 15,008 | $9.4M | New |
| ICE Intercontinental Exchange Inc. | 0.37% | 53,964 | $9.3M | New |
| LUV Southwest Airlines Co. | 0.37% | 275,883 | $9.3M | New |
| PKG Packaging Corp. of America | 0.37% | 46,715 | $9.3M | New |
| LPLA LPL Financial Holdings Inc. | 0.36% | 27,896 | $9.1M | Reduce -82.6% |
| AMTM Amentum Holdings Inc. | 0.36% | 498,264 | $9.1M | Reduce -15.9% |
| RTX RTX Corp. | 0.36% | 68,150 | $9.0M | Add +13.9% |
| TXT Textron Inc. | 0.36% | 124,566 | $9.0M | New |
| HUM Humana Inc. | 0.35% | 33,130 | $8.8M | New |
| RARE Ultragenyx Pharmaceutical Inc. | 0.34% | 240,000 | $8.7M | Reduce -2.0% |
| NSC Norfolk Southern Corp. | 0.33% | 35,481 | $8.4M | Reduce -62.4% |
| IP International Paper Co. | 0.33% | 155,707 | $8.3M | Add +7.6% |
| SOC Sable Offshore Corp. | 0.33% | 325,000 | $8.2M | No change |
| CSTM Constellium SE | 0.32% | 809,677 | $8.2M | Add +125.6% |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 0.32% | 518,126 | $8.1M | Add +3.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 81,993 | $8.1M | Add +50.3% |
| STLD Steel Dynamics Inc. | 0.32% | 64,506 | $8.1M | New |
| SYF Synchrony Financial | 0.31% | 146,009 | $7.7M | New |
| APO Apollo Global Management Inc. | 0.30% | 56,000 | $7.7M | Reduce -52.3% |
| BACQU Bleichroeder Acquisition Cor | 0.30% | 750,000 | $7.6M | No change |
| NDAQ Nasdaq Inc. | 0.30% | 98,667 | $7.5M | Reduce -85.0% |
| OC Owens Corning | 0.28% | 49,959 | $7.1M | New |
| WY Weyerhaeuser Co. | 0.27% | 233,431 | $6.8M | New |
| XRAY Dentsply Sirona Inc. | 0.27% | 455,927 | $6.8M | Add +285.0% |
| DHI D.R. Horton Inc. | 0.27% | 53,277 | $6.8M | New |
| ROL Rollins Inc. | 0.27% | 124,568 | $6.7M | New |
| ELAN Elanco Animal Health Inc. | 0.26% | 638,969 | $6.7M | New |
Options reported separately and not counted above: IWM puts ($367.4M), HYG puts ($248.5M), QQQ puts ($226.3M), SPY puts ($176.1M), QQQ calls ($161.5M), TLT calls ($91.0M), IWM calls ($79.8M), GDX calls ($71.2M), KRE calls ($32.2M), BAC calls ($28.1M), BABA puts ($26.5M), SLV calls ($24.8M), and 40 more.
Other holdings (69): bonds, preferreds, convertibles and warrants · $456.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 71,047,000 | $71.2M | New |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 50,668,000 | $67.2M | Add +0.3% |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 57,091,000 | $65.4M | New |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 51,095,000 | $49.1M | Add +538.7% |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | 43,119,000 | $42.4M | Add +55.1% |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 40,300,000 | $40.3M | New |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 36,001,000 | $34.7M | Reduce -26.5% |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 19,415,000 | $19.5M | New |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 17,026,000 | $17.0M | New |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 13,164,597 | $14.7M | Reduce -71.1% |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 11,500,000 | $12.1M | New |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 8,251,000 | $8.2M | Reduce -79.5% |
| DISH NETWORK CORP (DISH 0 12/15/25) | NOTE 12/1 · principal | 7,500,000 | $6.9M | No change |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | 5,000,000 | $6.0M | New |
| OCSAW Oculis Holding AG -30 | *W EXP 03/06/202 | 41,666 | $312K | No change |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 250,000 | $155K | No change |
| SKGRW SK Growth Opportunities -29 | *W EXP 06/28/202 | 200,000 | $130K | No change |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 300,000 | $123K | No change |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | 70,000 | $111K | No change |
| Colombier Acquisition - 29 | *W EXP 11/24/202 | 133,333 | $107K | No change |
| ALVOW Alvotech SA -27 | *W EXP 99/99/999 | 50,000 | $76K | No change |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 250,000 | $75K | No change |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 250,000 | $73K | No change |
| CCIRW Cohen Circle Acquisition-29 | *W EXP 01/31/202 | 33,333 | $60K | New |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 275,000 | $53K | No change |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 500,000 | $52K | No change |
| USA RARE EARTH INC | *W EXP 03/13/203 | 75,000 | $50K | New |
| AMBWQ Ambipar Emergency Respons-28 | *W EXP 03/03/202 | 200,000 | $50K | No change |
| DRTSW Alpha Tau Medical Ltd. -27 | *W EXP 99/99/999 | 175,000 | $42K | No change |
| CNCKW Coincheck Group NV | *W EXP 12/11/202 | 50,000 | $35K | No change |
| SATLW Satellogic Inc.-A -23 | *W EXP 01/25/202 | 66,666 | $32K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 150,000 | $31K | No change |
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 | 100,000 | $31K | No change |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | 83,333 | $29K | New |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 250,000 | $28K | No change |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | 250,000 | $28K | No change |
| MDAIW Spectral AI -CW27 | *W EXP 09/11/202 | 100,000 | $26K | No change |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | 66,666 | $22K | New |
| GPATW GP-Act III Acq Class A -CW27 | *W EXP 05/13/202 | 100,000 | $19K | No change |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | 100,000 | $18K | New |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | 50,000 | $15K | New |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | 100,000 | $14K | No change |
| LPBBW Launch Two Acquisition -29 | *W EXP 10/09/202 | 50,000 | $11K | New |
| GCTS.WS Concord Acq Class A -CW28 | *W EXP 03/01/202 | 125,000 | $9K | No change |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 50,000 | $9K | No change |
| MNYWW Moneyhero Ltd.-28 | *W EXP 09/13/202 | 233,333 | $8K | No change |
| SESCW Ivanhoe Capital Class A -CW27 | *W EXP 12/10/202 | 133,333 | $8K | No change |
| GGROW Gogoro Inc. -CW27 | *W EXP 04/04/202 | 250,000 | $8K | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | 125,000 | $7K | No change |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 150,000 | $7K | No change |
| COCHW Envoy Medical Inc.-CW27 | *W EXP 09/29/202 | 166,666 | $6K | No change |
| SPWRW Sunpower Inc.-CW27 | *W EXP 07/31/202 | 25,000 | $5K | No change |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 100,000 | $5K | No change |
| LVWR.WS Livewire Group Inc.-27 | *W EXP 09/26/202 | 250,000 | $5K | No change |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 37,500 | $5K | No change |
| PERFF Perfect Corp. | *W EXP 10/28/202 | 112,500 | $5K | No change |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | 233,333 | $4K | No change |
| PARAW 7GC & Co. Holdings Class A -CW26 | *W EXP 12/14/202 | 200,000 | $4K | No change |
| SDSTW Global Partner Acq A -CW27 | *W EXP 06/21/202 | 58,333 | $4K | No change |
| LANWF Lanvin Group Holdings Ltd.-27 | *W EXP 01/14/202 | 150,000 | $3K | No change |
| VSTWF Vast Solar PTY Ltd. -28 | *W EXP 07/01/202 | 87,500 | $3K | No change |
| LDTDF Prospector Leddartech Alm-28 | *W EXP 12/21/202 | 50,000 | $3K | No change |
| CHEB.WS Chenghe Acquisition II - 29 | *W EXP 05/30/203 | 50,000 | $3K | No change |
| SMXWW SMX Security Matters PLC-28 | *W EXP 03/07/202 | 75,000 | $2K | No change |
| ALURW Allurion Technologies-28 | *W EXP 08/01/203 | 76,562 | $2K | No change |
| SSTPW SYSTEM1 Inc.-CW | *W EXP 01/27/202 | 100,000 | $2K | No change |
| PIIIW P3 Health Partne -CW27 | *W EXP 11/19/202 | 133,333 | $2K | No change |
| SONWQ Gores Metropoulos II -CW28 | *W EXP 01/18/202 | 200,000 | $1K | No change |
| SWVLW Pivotal Holdings Corp. -CW27 | *W EXP 99/99/999 | 83,333 | $1K | No change |
Total filed on the 13F, all lines: $3.0B.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -99.8% | 0.01% | −6.03 |
| MSFT Microsoft Corp. | Reduce -98.4% | 0.12% | −4.14 |
| AMZN Amazon.com Inc. | Reduce -94.8% | 0.38% | −3.90 |
| AAPL Apple Inc. | Reduce -97.4% | 0.12% | −2.46 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −2.20 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −1.86 |
| GOOGL Alphabet Inc. Class A | Reduce -92.0% | 0.25% | −1.67 |
| SPOT Spotify Technology SA | Reduce -87.3% | 0.60% | −1.37 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −1.23 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −1.19 |
| KRE SS SPDR S&P Regional Bank | Reduce -74.6% | 1.02% | −1.17 |
| GEV GE Vernova Inc. | Reduce -89.9% | 0.25% | −1.12 |
| CVNA Carvana Co. | Reduce -99.6% | 0.01% | −1.06 |
| WMT Walmart Inc. | Reduce -99.4% | 0.01% | −1.03 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.99 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.95 |
| SBUX Starbucks Corp. | Reduce -99.5% | 0.01% | −0.92 |
| COP Conocophillips | Sold out | 0.00% | −0.88 |
| AON Aon PLC Class A | Reduce -82.7% | 0.51% | −0.85 |
| META Meta Platforms Inc. Class A | Reduce -76.3% | 0.62% | −0.74 |
| NDAQ Nasdaq Inc. | Reduce -85.0% | 0.30% | −0.73 |
| VRT Vertiv Holdings Co. Class A | Reduce -83.6% | 0.19% | −0.73 |
| FLR Fluor Corp. | Reduce -92.4% | 0.09% | −0.73 |
| LPLA LPL Financial Holdings Inc. | Reduce -82.6% | 0.36% | −0.70 |
| APP AppLovin Corp. Class A | Reduce -93.2% | 0.08% | −0.68 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.67 |
| TKO Tko Group Holdings Inc. | Reduce -78.8% | 0.54% | −0.67 |
| RBLX Roblox Corp. Class A | Reduce -77.2% | 0.51% | −0.62 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −0.58 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.57 |
| WFC Wells Fargo & Co. | Reduce -75.7% | 0.54% | −0.57 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -96.6% | 0.03% | −0.50 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −0.49 |
| VST Vistra Corp. | Reduce -88.5% | 0.11% | −0.48 |
| BECN Beacon Roofing Supply Inc. | Sold out | 0.00% | −0.46 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −0.46 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.45 |
| HUT Hut 8 Corp. | Sold out | 0.00% | −0.45 |
| WST West Pharmaceutical Services | Sold out | 0.00% | −0.42 |
| DASH DoorDash Inc. Class A | Reduce -97.3% | 0.02% | −0.41 |
| TRP TC Energy Corp. | Sold out | 0.00% | −0.39 |
| CRM Salesforce Inc. | Reduce -92.1% | 0.05% | −0.37 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −0.37 |
| AFRM Affirm Holdings Inc. | Sold out | 0.00% | −0.37 |
| WULF Terawulf Inc. | Reduce -82.6% | 0.07% | −0.37 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.35 |
| TS Tenaris SA-ADR | Sold out | 0.00% | −0.34 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.33 |
| FLS Flowserve Corp. | Reduce -82.1% | 0.14% | −0.33 |
| CI The Cigna Group | Sold out | 0.00% | −0.32 |
Portfolio Buys Q4 2024 → Q1 2025
| IWM iShares Russell 2000 ETF | Add +797.8% | 6.38% | +5.98 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 4.55% | +4.55 |
| TLT iShares 20+ Year Treasury BD | New | 2.57% | +2.57 |
| UBS UBS Group AG-Reg | New | 1.73% | +1.73 |
| BABA Alibaba Group Holding-SP ADR | Add +735.1% | 1.24% | +1.19 |
| MRP Millrose Properties | New | 1.17% | +1.17 |
| DOW Dow Inc. | Add +1226.2% | 1.06% | +1.01 |
| DD Dupont DE Nemours Inc. | New | 0.92% | +0.92 |
| GPN Global Payments Inc. | Add +57.5% | 1.44% | +0.90 |
| TRV The Travelers Cos Inc. | New | 0.90% | +0.90 |
| TIC Tic Solutions Inc. | New | 0.79% | +0.79 |
| ATS Ats Corp. | New | 0.71% | +0.71 |
| WBS Webster Financial Corp. | Add +62.4% | 1.04% | +0.69 |
| IEF iShares 7-10 Year Treasury B | New | 0.64% | +0.64 |
| TFII Tfi International Inc. | New | 0.61% | +0.61 |
| UNM Unum Group | New | 0.61% | +0.61 |
| EMLC Vaneck JPM Em Local Curr BND | New | 0.59% | +0.59 |
| TFX Teleflex Inc. | Add +351.2% | 0.67% | +0.57 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.57% | +0.57 |
| KDP Keurig Dr Pepper Inc. | New | 0.56% | +0.56 |
| CCK Crown Holdings Inc. | New | 0.55% | +0.55 |
| THC Tenet Healthcare Corp. | Add +131.8% | 0.68% | +0.54 |
| MA Mastercard Inc. Class A | New | 0.53% | +0.53 |
| DLTR Dollar Tree Inc. | New | 0.53% | +0.53 |
| UHS Universal Health Services-B | Add +141.8% | 0.64% | +0.51 |
| RSP Invesco S&P 500 Equal Weight | Add +1459.0% | 0.52% | +0.51 |
| GEO The Geo Group Inc. | New | 0.50% | +0.50 |
| ASND Ascendis Pharma A/S | Add +350.0% | 0.55% | +0.50 |
| CMA Comerica Inc. | Add +9.7% | 0.93% | +0.47 |
| MMM 3M Co. | Add +11.9% | 0.78% | +0.46 |
| MRK Merck & Co. Inc. | New | 0.46% | +0.46 |
| ALIT Alight Inc. Class A | Add +9.7% | 0.99% | +0.45 |
| ELV Elevance Health Inc. | Add +2517.6% | 0.46% | +0.45 |
| MAN Manpowergroup Inc. | New | 0.44% | +0.44 |
| VTRS Viatris Inc. | New | 0.43% | +0.43 |
| RACE Ferrari NV | New | 0.43% | +0.43 |
| RITM Rithm Capital Corp. | Add +8.4% | 0.76% | +0.42 |
| JPM JPMorgan Chase & Co. | New | 0.42% | +0.42 |
| GFL GFL Environmental Inc.-Sub VT | Add +13.6% | 0.71% | +0.42 |
| MOS The Mosaic Co. | Add +1427.6% | 0.42% | +0.41 |
| AL Sumisho Air Lease Corp. | Add +122.5% | 0.53% | +0.41 |
| DHR Danaher Corp. | New | 0.41% | +0.41 |
| ICLR Icon PLC | Add +350.2% | 0.44% | +0.38 |
| ABBV Abbvie Inc. | New | 0.37% | +0.37 |
| URI United Rentals Inc. | New | 0.37% | +0.37 |
| PNR Pentair PLC | Add +672.6% | 0.40% | +0.37 |
| ICE Intercontinental Exchange Inc. | New | 0.37% | +0.37 |
| NFLX Netflix Inc. | Add +16.0% | 0.63% | +0.37 |
| LUV Southwest Airlines Co. | New | 0.37% | +0.37 |
| PKG Packaging Corp. of America | New | 0.37% | +0.37 |
Options Activity Q4 2024 → Q1 2025
| IWM iShares Russell 2000 ETF | put | Add +925.9% | 1,841,500 | $367.4M |
| NVDA Nvidia Corp. | put | Sold out | 1,961,000 | $263.3Mbefore exit |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +600.0% | 3,150,000 | $248.5M |
| QQQ Invesco QQQ Trust Series 1 | put | New | 482,600 | $226.3M |
| MSFT Microsoft Corp. | put | Sold out | 500,000 | $210.8Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -28.9% | 314,800 | $176.1M |
| AMZN Amazon.com Inc. | call | Sold out | 737,500 | $161.8Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | call | New | 344,400 | $161.5M |
| AMZN Amazon.com Inc. | put | Sold out | 700,000 | $153.6Mbefore exit |
| RSP Invesco S&P 500 Equal Weight | call | Sold out | 718,700 | $125.9Mbefore exit |
| AMD Advanced Micro Devices | put | Sold out | 900,000 | $108.7Mbefore exit |
| QCOM Qualcomm Inc. | put | Sold out | 600,000 | $92.2Mbefore exit |
| TLT iShares 20+ Year Treasury BD | call | New | 1,000,000 | $91.0M |
| XLF SS Financial Select Sector | call | Sold out | 1,700,000 | $82.2Mbefore exit |
| IWM iShares Russell 2000 ETF | call | Reduce -41.5% | 400,000 | $79.8M |
| GDX Vaneck Gold Miners ETF | call | New | 1,547,800 | $71.2M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 120,000 | $70.3Mbefore exit |
| GOOGL Alphabet Inc. Class A | call | Sold out | 363,400 | $68.8Mbefore exit |
| XLV SS Health Care Select Sector | put | Sold out | 415,600 | $57.2Mbefore exit |
| BA The Boeing Co. | call | Sold out | 289,300 | $51.2Mbefore exit |
| AMAT Applied Materials Inc. | put | Sold out | 300,000 | $48.8Mbefore exit |
| MSTR Strategy Inc. | put | Sold out | 166,200 | $48.1Mbefore exit |
| FXI iShares China Large-Cap ETF | call | Sold out | 1,500,000 | $45.7Mbefore exit |
| SBUX Starbucks Corp. | put | Sold out | 500,000 | $45.6Mbefore exit |
| WMT Walmart Inc. | put | Sold out | 500,000 | $45.2Mbefore exit |
| COF Capital One Financial Corp. | call | Sold out | 242,100 | $43.2Mbefore exit |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | put | Sold out | 400,000 | $42.7Mbefore exit |
| XLF SS Financial Select Sector | put | Sold out | 800,000 | $38.7Mbefore exit |
| IEF iShares 7-10 Year Treasury B | put | Sold out | 400,000 | $37.0Mbefore exit |
| XLE SS Energy Select Sector | put | Sold out | 400,000 | $34.3Mbefore exit |
| COP Conocophillips | call | Sold out | 334,400 | $33.2Mbefore exit |
| AAPL Apple Inc. | call | Sold out | 130,000 | $32.6Mbefore exit |
| KRE SS SPDR S&P Regional Bank | call | Reduce -6.4% | 566,500 | $32.2M |
| XRT SS SPDR S&P Retail ETF | call | Sold out | 396,800 | $31.6Mbefore exit |
| TSM Taiwan Semiconductor-SP ADR | put | Sold out | 153,500 | $30.3Mbefore exit |
| FCX Freeport-McMoran Inc. | call | Sold out | 780,200 | $29.7Mbefore exit |
| STLD Steel Dynamics Inc. | call | Sold out | 250,900 | $28.6Mbefore exit |
| BAC Bank of America Corp. | call | New | 672,200 | $28.1M |
| XLB SS Materials Select Sector | call | Sold out | 332,400 | $28.0Mbefore exit |
| XLB SS Materials Select Sector | put | Sold out | 332,400 | $28.0Mbefore exit |
| BABA Alibaba Group Holding-SP ADR | put | New | 200,500 | $26.5M |
| XOP SS SPDR S&P Og Exp & Prod | call | Sold out | 200,000 | $26.5Mbefore exit |
| SLV iShares Silver Trust | call | Add +60.0% | 800,000 | $24.8M |
| MAN Manpowergroup Inc. | call | New | 413,500 | $23.9M |
| VST Vistra Corp. | call | Sold out | 167,200 | $23.1Mbefore exit |
| XBI SS SPDR S&P Biotech ETF | call | Sold out | 245,500 | $22.1Mbefore exit |
| TFC Truist Financial Corp. | call | New | 530,900 | $21.8M |
| XYZ Block Inc. | put | Sold out | 242,100 | $20.6Mbefore exit |
| XBI SS SPDR S&P Biotech ETF | put | Sold out | 200,000 | $18.0Mbefore exit |
| LMND Lemonade Inc. | put | Sold out | 484,100 | $17.8Mbefore exit |
Showing the first 50 of 114.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | New | 71,047,000 | $71.2M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Add +0.3% | 50,668,000 | $67.2M |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | New | 57,091,000 | $65.4M |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | Add +538.7% | 51,095,000 | $49.1M |
| WIX LTD (WIX 0 08/15/25) | NOTE 8/1 · principal | Add +55.1% | 43,119,000 | $42.4M |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | New | 40,300,000 | $40.3M |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | Reduce -26.5% | 36,001,000 | $34.7M |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Sold out | 38,285,000 | $34.5Mbefore exit |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Sold out | 30,000,000 | $29.8Mbefore exit |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Sold out | 22,500,000 | $22.7Mbefore exit |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Sold out | 370,000 | $22.5Mbefore exit |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | New | 19,415,000 | $19.5M |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | Sold out | 18,585,000 | $18.5Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | New | 17,026,000 | $17.0M |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Reduce -71.1% | 13,164,597 | $14.7M |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | Sold out | 12,500,000 | $12.3Mbefore exit |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | New | 11,500,000 | $12.1M |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | Reduce -79.5% | 8,251,000 | $8.2M |
| PEGASYSTEMS INC (PEGA 0.75 03/01/25) | NOTE 0.750% 3/0 · principal | Sold out | 8,000,000 | $7.9Mbefore exit |
| SEAGATE HDD CAYMAN (STX 3.5 06/01/28) | NOTE 3.500% 6/0 · principal | New | 5,000,000 | $6.0M |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | Sold out | 6,419,000 | $5.0Mbefore exit |
| CCIRW Cohen Circle Acquisition-29 | *W EXP 01/31/202 | New | 33,333 | $60K |
| USA RARE EARTH INC | *W EXP 03/13/203 | New | 75,000 | $50K |
| USARW Inflection Point Acquis-C-28 | *W EXP 08/31/202 | Sold out | 75,000 | $37Kbefore exit |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | New | 83,333 | $29K |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | New | 66,666 | $22K |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | New | 100,000 | $18K |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | New | 50,000 | $15K |
| LPBBW Launch Two Acquisition -29 | *W EXP 10/09/202 | New | 50,000 | $11K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 515 | $4.2B | NVDA, UBS, AMAT, HUT, IEF |
| Q1 2026 | 429 | $2.5B | BAC, UBS, ALLY, APO, TSM |
| Q4 2025 | 482 | $4.7B | RSP, BAC, SPY, GOOGL, AMZN |
| Q3 2025 | 438 | $4.9B | MSFT, MDY, BAC, NVDA, SPY |
| Q2 2025 | 396 | $4.7B | MDY, MSFT, NVDA, BAC, AMZN |
| Q1 2025Amended | 348 | $2.5B | MDY, IWM, SPY, ALLY, TLT |
| Q4 2024 | 348 | $5.0B | MDY, NVDA, AMZN, MSFT, AAPL |
| Q3 2024 | 319 | $3.1B | ALLY, META, EQIX, NVDA, ABNB |
| Q2 2024 | 330 | $4.4B | AMZN, ALLY, GEV, ADBE, CVNA |
| Q1 2024 | 295 | $4.7B | AMZN, META, MSFT, VRT, DLR |