Newtyn Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Newtyn Management, LLC reported 38 stock positions worth $648.7 million. Its top holding was People (PPLI) at 11.8% of the portfolio, followed by Quidelortho (QDEL, 8.5%) and Cogent Communications Holdin (CCOI, 6.1%). Compared with Q2 2024, it opened 4 new positions, sold out of 4, added to 9 and reduced 9. The biggest buy was a new position in Endeavor Group Hold Class A (EDR) and the biggest sale Bristow (VTOL, shares −48%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001569241
Portfolio Value
$648.7M (Q3 2024)
SEC Filing
0001493152-24-045806 ↗ filed Nov 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $496.5M Q1 2024 Q2 2024: $527.2M Q2 2024 Q3 2024: $648.7M $648.7M Q3 2024 Q4 2024: $574.3M Q4 2024 Q1 2025: $632.1M Q1 2025 Q2 2025: $660.0M Q2 2025 Q3 2025: $816.9M Q3 2025 Q4 2025: $945.3M Q4 2025 Q1 2026: $935.8M Q1 2026 Q2 2026: $800.9M Q2 2026

Holdings 38 stocks · $648.7M
PPLI People Inc. filed as IAC INC 11.82% 1,425,000 $76.7M No change
QDEL Quidelortho Corp. 8.54% 1,215,000 $55.4M Add +9.0%
CCOI Cogent Communications Holdin 6.14% 525,000 $39.9M No change
PAR Par Technology Corp. 5.62% 700,000 $36.5M Reduce -28.2%
TBPH Theravance Biopharma Inc. 5.59% 4,499,066 $36.3M Add +111.8%
SOLV Solventum Corp. 5.40% 502,617 $35.0M Reduce -28.2%
AIV Apartment Invt & Mgmt Co. Class A 5.25% 3,769,425 $34.1M No change
EDR Endeavor Group Hold Class A 4.95% 1,124,234 $32.1M New
CNNE Cannae Holdings Inc. 4.67% 1,590,000 $30.3M Add +103.2%
HE Hawaiian Electric Inds 4.30% 2,882,512 $27.9M New
BV Brightview Holdings Inc. 4.28% 1,761,889 $27.7M Add +0.7%
SPB Spectrum Brands Holdings Inc. 3.67% 249,937 $23.8M No change
CIO City Office REIT Inc. 3.55% 3,938,000 $23.0M Add +2.6%
VTOL Bristow Group Inc. 3.00% 561,526 $19.5M Reduce -48.0%
CLFD Clearfield Inc. 2.51% 417,572 $16.3M No change
LKFT Lakefront Biotherapeutic-ADR filed as GALAPAGOS NV 2.22% 500,000 $14.4M No change
OFIX Orthofix Medical Inc. 1.96% 812,792 $12.7M Reduce -51.3%
FSP Franklin Street Properties C 1.95% 7,150,000 $12.7M No change
TSVT 2SEVENTY Bio Inc. 1.85% 2,540,000 $12.0M Add +2.2%
BVFL BV Financial Inc. filed as BV FINL INC 1.62% 682,980 $10.5M Reduce -17.4%
NODK Ni Holdings Inc. filed as NI HLDGS INC 1.53% 631,827 $9.9M Add +4.3%
MITK Mitek Systems Inc. 1.37% 1,021,554 $8.9M Add +411.6%
INDV Indivior Ltd. 1.30% 868,105 $8.5M New
MBI Mbia Inc. 1.03% 1,875,000 $6.7M No change
STHO Star Holdings filed as STAR HLDGS 0.97% 455,000 $6.3M Reduce -3.1%
PCG P G & E Corp. 0.82% 268,921 $5.3M No change
GRAL Grail Inc. 0.78% 369,097 $5.1M Add +977.1%
FBTC Fidelity Wise Origin Bitcoin 0.74% 87,000 $4.8M No change
WVE Wave Life Sciences Ltd. 0.54% 425,000 $3.5M Reduce -10.5%
ABEO Abeona Therapeutics Inc. 0.37% 380,000 $2.4M No change
KOD Kodiak Sciences Inc. 0.30% 740,505 $1.9M Reduce -20.4%
MURA Mural Oncology PLC 0.28% 570,000 $1.8M No change
ETNB 89BIO Inc. 0.27% 240,000 $1.8M No change
OLMA Olema Pharmaceuticals Inc. 0.26% 140,000 $1.7M No change
GLATFELTER CORP 0.25% 889,759 $1.6M New
AVIR Atea Pharmaceuticals Inc. 0.20% 380,000 $1.3M No change
BDTX Black Diamond Therapeutics I 0.06% 95,000 $413K No change
BOLT Bolt Biotherapeutics Inc. 0.05% 468,910 $304K Reduce -65.6%
Other holdings (2): bonds, preferreds, convertibles and warrants · $2.8M (not counted above)
SecurityClassShares / PrincipalValueChange
FORUM ENERGY TECHNOLOGIE (FET 9 08/04/25) NOTE 9.000% 8/0 · principal 2,769,364$2.8MReduce -49.5%
LFLYW Merida Merger Corp. I -CW26 *W EXP 02/04/202 634,640$20KNo change

Total filed on the 13F, all lines: $651.5M.

Portfolio Sells Q2 2024 → Q3 2024
VTOL Bristow Group Inc. Reduce -48.0% 3.00% −3.86
PAR Par Technology Corp. Reduce -28.2% 5.62% −3.09
OFIX Orthofix Medical Inc. Reduce -51.3% 1.96% −2.24
SHC Sotera Health Co. Sold out 0.00% −2.14
SOLV Solventum Corp. Reduce -28.2% 5.40% −1.62
EQC Equity Commonwealth Sold out 0.00% −0.60
BVFL BV Financial Inc. Reduce -17.4% 1.62% −0.25
BOLT Bolt Biotherapeutics Inc. Reduce -65.6% 0.05% −0.15
KOD Kodiak Sciences Inc. Reduce -20.4% 0.30% −0.12
STHO Star Holdings Reduce -3.1% 0.97% −0.10
FET Forum Energy Technologies Inc. Sold out 0.00% −0.05
ALGS Aligos Therapeutics Inc. Sold out 0.00% −0.05
WVE Wave Life Sciences Ltd. Reduce -10.5% 0.54% +0.09

Portfolio Buys Q2 2024 → Q3 2024
EDR Endeavor Group Hold Class A New 4.95% +4.95
HE Hawaiian Electric Inds New 4.30% +4.30
TBPH Theravance Biopharma Inc. Add +111.8% 5.59% +2.17
CNNE Cannae Holdings Inc. Add +103.2% 4.67% +1.98
QDEL Quidelortho Corp. Add +9.0% 8.54% +1.51
INDV Indivior Ltd. New 1.30% +1.30
MITK Mitek Systems Inc. Add +411.6% 1.37% +0.94
GRAL Grail Inc. Add +977.1% 0.78% +0.68
GLATFELTER CORP New 0.25% +0.25
TSVT 2SEVENTY Bio Inc. Add +2.2% 1.85% +0.03
CIO City Office REIT Inc. Add +2.6% 3.55% −0.08
BV Brightview Holdings Inc. Add +0.7% 4.28% −0.14
NODK Ni Holdings Inc. Add +4.3% 1.53% −0.23

Notes & Other Activity Q2 2024 → Q3 2024
FORUM ENERGY TECHNOLOGIE (FET 9 08/04/25) NOTE 9.000% 8/0 · principal Reduce -49.5% 2,769,364 $2.8M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 34$800.9MQDEL, TBPH, INDV, CNNE, PAR
Q1 2026 33$935.8MNVRI, TBPH, QDEL, AD, VISN
Q4 2025 31$945.3MAD, INDV, QDEL, NVRI, TBPH
Q3 2025 33$816.9MINDV, QDEL, TBPH, AD, CNNE
Q2 2025 34$660.0MCNNE, TBPH, QDEL, AIV, BV
Q1 2025 31$632.1MCNNE, PPLI, MRP, AIV, QDEL
Q4 2024 32$574.3MPPLI, QDEL, TBPH, CCOI, CNNE
Q3 2024 38$648.7MPPLI, QDEL, CCOI, PAR, TBPH
Q2 2024 38$527.2MPPLI, PAR, QDEL, SOLV, VTOL
Q1 2024 38$496.5MPPLI, PAR, CNNE, VTOL, MACK