Newtyn Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Newtyn Management, LLC reported 31 stock positions worth $632.1 million. Its top holding was Cannae (CNNE) at 13.3% of the portfolio, followed by People (PPLI, 10.4%) and Millrose Properties (MRP, 8.4%). Compared with Q4 2024, it opened 4 new positions, sold out of 5, added to 8 and reduced 6. The biggest buy was a new position in Millrose Properties (MRP) and the biggest sale an exit from Solventum (SOLV).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001569241
- Portfolio Value
- $632.1M (Q1 2025)
- SEC Filing
- 0001641172-25-010922 ↗ filed May 15, 2025
Holdings Value
Holdings 31 stocks · $632.1M
| CNNE Cannae Holdings Inc. | 13.34% | 4,600,000 | $84.3M | Add +143.4% |
| PPLI People Inc. filed as IAC INC | 10.36% | 1,425,000 | $65.5M | No change |
| MRP Millrose Properties | 8.39% | 2,000,000 | $53.0M | New |
| AIV Apartment Invt & Mgmt Co. Class A | 6.96% | 5,000,000 | $44.0M | Add +32.4% |
| QDEL Quidelortho Corp. | 6.72% | 1,215,000 | $42.5M | No change |
| TBPH Theravance Biopharma Inc. | 6.72% | 4,757,403 | $42.5M | No change |
| CCOI Cogent Communications Holdin | 5.09% | 525,000 | $32.2M | No change |
| PAR Par Technology Corp. | 4.85% | 500,000 | $30.7M | No change |
| BV Brightview Holdings Inc. | 4.67% | 2,300,000 | $29.5M | Add +30.5% |
| AMN Amn Healthcare Services Inc. | 4.64% | 1,200,000 | $29.4M | Add +1.0% |
| MAGN Magnera Corp. | 3.73% | 1,300,000 | $23.6M | Add +44.4% |
| CIO City Office REIT Inc. | 3.23% | 3,938,000 | $20.4M | No change |
| SPB Spectrum Brands Holdings Inc. | 2.83% | 249,937 | $17.9M | No change |
| INDV Indivior Ltd. | 2.49% | 1,650,938 | $15.7M | Add +17.4% |
| FSP Franklin Street Properties C | 2.01% | 7,150,000 | $12.7M | No change |
| TSVT 2SEVENTY Bio Inc. | 1.98% | 2,534,836 | $12.5M | No change |
| DV Doubleverify Holdings Inc. | 1.89% | 894,000 | $12.0M | New |
| NODK Ni Holdings Inc. filed as NI HLDGS INC | 1.49% | 659,988 | $9.4M | Add +4.5% |
| CLFD Clearfield Inc. | 1.41% | 300,000 | $8.9M | Reduce -28.2% |
| FBTC Fidelity Wise Origin Bitcoin | 1.37% | 120,200 | $8.7M | No change |
| USAR USA Rare Earth Inc. | 1.21% | 692,650 | $7.6M | New |
| MITK Mitek Systems Inc. | 0.94% | 721,554 | $6.0M | No change |
| GRAL Grail Inc. | 0.94% | 232,297 | $5.9M | Reduce -41.9% |
| LKFT Lakefront Biotherapeutic-ADR filed as GALAPAGOS NV | 0.79% | 200,000 | $5.0M | Reduce -25.9% |
| WVE Wave Life Sciences Ltd. | 0.51% | 400,000 | $3.2M | Reduce -5.9% |
| ABEO Abeona Therapeutics Inc. | 0.36% | 480,000 | $2.3M | Add +26.3% |
| THRD Third Harmonic Bio Inc. | 0.35% | 635,150 | $2.2M | New |
| AVIR Atea Pharmaceuticals Inc. | 0.27% | 580,000 | $1.7M | No change |
| ETNB 89BIO Inc. | 0.23% | 200,000 | $1.5M | Reduce -16.7% |
| MURA Mural Oncology PLC | 0.11% | 570,000 | $718K | No change |
| VTOL Bristow Group Inc. | 0.09% | 18,080 | $571K | Reduce -94.4% |
Portfolio Sells Q4 2024 → Q1 2025
| SOLV Solventum Corp. | Sold out | 0.00% | −1.89 |
| VTOL Bristow Group Inc. | Reduce -94.4% | 0.09% | −1.84 |
| USAR USA Rare Earth Inc. | Sold out | 0.00% | −1.40 |
| HE Hawaiian Electric Inds | Sold out | 0.00% | −1.19 |
| RVNC Revance Therapeutics Inc. | Sold out | 0.00% | −0.96 |
| CLFD Clearfield Inc. | Reduce -28.2% | 1.41% | −0.84 |
| LKFT Lakefront Biotherapeutic-ADR | Reduce -25.9% | 0.79% | −0.50 |
| WVE Wave Life Sciences Ltd. | Reduce -5.9% | 0.51% | −0.40 |
| GRAL Grail Inc. | Reduce -41.9% | 0.94% | −0.30 |
| OLMA Olema Pharmaceuticals Inc. | Sold out | 0.00% | −0.14 |
| ETNB 89BIO Inc. | Reduce -16.7% | 0.23% | −0.10 |
Portfolio Buys Q4 2024 → Q1 2025
| MRP Millrose Properties | New | 8.39% | +8.39 |
| CNNE Cannae Holdings Inc. | Add +143.4% | 13.34% | +6.80 |
| DV Doubleverify Holdings Inc. | New | 1.89% | +1.89 |
| USAR USA Rare Earth Inc. | New | 1.21% | +1.21 |
| AIV Apartment Invt & Mgmt Co. Class A | Add +32.4% | 6.96% | +0.98 |
| MAGN Magnera Corp. | Add +44.4% | 3.73% | +0.89 |
| THRD Third Harmonic Bio Inc. | New | 0.35% | +0.35 |
| ABEO Abeona Therapeutics Inc. | Add +26.3% | 0.36% | −0.01 |
| BV Brightview Holdings Inc. | Add +30.5% | 4.67% | −0.23 |
| NODK Ni Holdings Inc. | Add +4.5% | 1.49% | −0.24 |
| AMN Amn Healthcare Services Inc. | Add +1.0% | 4.64% | −0.30 |
| INDV Indivior Ltd. | Add +17.4% | 2.49% | −0.56 |
Notes & Other Activity Q4 2024 → Q1 2025
| LFLYW Merida Merger Corp. I -CW26 | *W EXP 02/04/202 | Sold out | 634,640 | $10Kbefore exit |
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 | 34 | $800.9M | QDEL, TBPH, INDV, CNNE, PAR |
| Q1 2026 | 33 | $935.8M | NVRI, TBPH, QDEL, AD, VISN |
| Q4 2025 | 31 | $945.3M | AD, INDV, QDEL, NVRI, TBPH |
| Q3 2025 | 33 | $816.9M | INDV, QDEL, TBPH, AD, CNNE |
| Q2 2025 | 34 | $660.0M | CNNE, TBPH, QDEL, AIV, BV |
| Q1 2025 | 31 | $632.1M | CNNE, PPLI, MRP, AIV, QDEL |
| Q4 2024 | 32 | $574.3M | PPLI, QDEL, TBPH, CCOI, CNNE |
| Q3 2024 | 38 | $648.7M | PPLI, QDEL, CCOI, PAR, TBPH |
| Q2 2024 | 38 | $527.2M | PPLI, PAR, QDEL, SOLV, VTOL |
| Q1 2024 | 38 | $496.5M | PPLI, PAR, CNNE, VTOL, MACK |