Newtyn Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Newtyn Management, LLC reported 34 stock positions worth $660.0 million. Its top holding was Cannae (CNNE) at 14.0% of the portfolio, followed by Theravance Biopharma (TBPH, 8.3%) and Quidelortho (QDEL, 7.4%). Compared with Q1 2025, it opened 9 new positions, sold out of 6, added to 8 and reduced 8. The biggest buy was a new position in Compass Minerals Internation (CMP) and the biggest sale Millrose Properties (MRP, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001569241
- Portfolio Value
- $660.0M (Q2 2025)
- SEC Filing
- 0001641172-25-024002 ↗ filed Aug 14, 2025
Holdings Value
Holdings 34 stocks · $660.0M
| CNNE Cannae Holdings Inc. | 13.98% | 4,425,000 | $92.3M | Reduce -3.8% |
| TBPH Theravance Biopharma Inc. | 8.27% | 4,950,000 | $54.6M | Add +4.0% |
| QDEL Quidelortho Corp. | 7.45% | 1,705,668 | $49.2M | Add +40.4% |
| AIV Apartment Invt & Mgmt Co. Class A | 6.80% | 5,190,472 | $44.9M | Add +3.8% |
| BV Brightview Holdings Inc. | 6.28% | 2,487,572 | $41.4M | Add +8.2% |
| INDV Indivior Ltd. | 5.82% | 2,607,018 | $38.4M | Add +57.9% |
| PPLI People Inc. filed as IAC INC | 5.66% | 1,000,000 | $37.3M | Reduce -29.8% |
| CCOI Cogent Communications Holdin | 4.57% | 625,000 | $30.1M | Add +19.1% |
| PAR Par Technology Corp. | 4.47% | 425,000 | $29.5M | Reduce -15.0% |
| MAGN Magnera Corp. | 4.16% | 2,271,500 | $27.4M | Add +74.7% |
| CMP Compass Minerals Internation | 3.89% | 1,277,183 | $25.7M | New |
| MRP Millrose Properties | 3.49% | 807,135 | $23.0M | Reduce -59.6% |
| CIO City Office REIT Inc. | 3.19% | 3,938,000 | $21.0M | No change |
| SPB Spectrum Brands Holdings Inc. | 2.01% | 249,937 | $13.2M | No change |
| SITC Site Centers Corp. filed as SITE CTRS CORP | 1.89% | 1,100,000 | $12.4M | New |
| FSP Franklin Street Properties C | 1.78% | 7,150,000 | $11.7M | No change |
| FBTC Fidelity Wise Origin Bitcoin | 1.71% | 120,200 | $11.3M | No change |
| DV Doubleverify Holdings Inc. | 1.59% | 700,000 | $10.5M | Reduce -21.7% |
| GRAL Grail Inc. | 1.56% | 200,000 | $10.3M | Reduce -13.9% |
| RHLD Resolute Holdings Manag | 1.33% | 275,000 | $8.8M | New |
| NVRI Enviri Corp. | 1.32% | 1,001,018 | $8.7M | New |
| NODK Ni Holdings Inc. filed as NI HLDGS INC | 1.29% | 670,000 | $8.5M | Add +1.5% |
| FLWS 1-800-Flowers.com Inc. Class A | 1.20% | 1,609,555 | $7.9M | New |
| SAGE Sage Therapeutics Inc. | 0.97% | 700,000 | $6.4M | New |
| AMN Amn Healthcare Services Inc. | 0.90% | 287,038 | $5.9M | Reduce -76.1% |
| ITOS Iteos Therapeutics Inc. | 0.86% | 567,416 | $5.7M | New |
| RCKT Rocket Pharmaceuticals Inc. | 0.74% | 2,000,000 | $4.9M | New |
| MITK Mitek Systems Inc. | 0.73% | 484,954 | $4.8M | Reduce -32.8% |
| KROS Keros Therapeutics Inc. | 0.50% | 246,857 | $3.3M | New |
| ABEO Abeona Therapeutics Inc. | 0.41% | 480,000 | $2.7M | No change |
| WVE Wave Life Sciences Ltd. | 0.39% | 400,000 | $2.6M | No change |
| AVIR Atea Pharmaceuticals Inc. | 0.32% | 580,000 | $2.1M | No change |
| ETNB 89BIO Inc. | 0.30% | 200,000 | $2.0M | No change |
| MURA Mural Oncology PLC | 0.21% | 570,000 | $1.4M | No change |
Portfolio Sells Q1 2025 → Q2 2025
| MRP Millrose Properties | Reduce -59.6% | 3.49% | −4.90 |
| PPLI People Inc. | Reduce -29.8% | 5.66% | −4.70 |
| AMN Amn Healthcare Services Inc. | Reduce -76.1% | 0.90% | −3.74 |
| TSVT 2SEVENTY Bio Inc. | Sold out | 0.00% | −1.98 |
| CLFD Clearfield Inc. | Sold out | 0.00% | −1.41 |
| USAR USA Rare Earth Inc. | Sold out | 0.00% | −1.21 |
| LKFT Lakefront Biotherapeutic-ADR | Sold out | 0.00% | −0.79 |
| PAR Par Technology Corp. | Reduce -15.0% | 4.47% | −0.39 |
| THRD Third Harmonic Bio Inc. | Sold out | 0.00% | −0.35 |
| DV Doubleverify Holdings Inc. | Reduce -21.7% | 1.59% | −0.30 |
| MITK Mitek Systems Inc. | Reduce -32.8% | 0.73% | −0.21 |
| VTOL Bristow Group Inc. | Sold out | 0.00% | −0.09 |
| GRAL Grail Inc. | Reduce -13.9% | 1.56% | +0.62 |
| CNNE Cannae Holdings Inc. | Reduce -3.8% | 13.98% | +0.64 |
Portfolio Buys Q1 2025 → Q2 2025
| CMP Compass Minerals Internation | New | 3.89% | +3.89 |
| INDV Indivior Ltd. | Add +57.9% | 5.82% | +3.33 |
| SITC Site Centers Corp. | New | 1.89% | +1.89 |
| BV Brightview Holdings Inc. | Add +8.2% | 6.28% | +1.60 |
| TBPH Theravance Biopharma Inc. | Add +4.0% | 8.27% | +1.55 |
| RHLD Resolute Holdings Manag | New | 1.33% | +1.33 |
| NVRI Enviri Corp. | New | 1.32% | +1.32 |
| FLWS 1-800-Flowers.com Inc. Class A | New | 1.20% | +1.20 |
| SAGE Sage Therapeutics Inc. | New | 0.97% | +0.97 |
| ITOS Iteos Therapeutics Inc. | New | 0.86% | +0.86 |
| RCKT Rocket Pharmaceuticals Inc. | New | 0.74% | +0.74 |
| QDEL Quidelortho Corp. | Add +40.4% | 7.45% | +0.73 |
| KROS Keros Therapeutics Inc. | New | 0.50% | +0.50 |
| MAGN Magnera Corp. | Add +74.7% | 4.16% | +0.42 |
| AIV Apartment Invt & Mgmt Co. Class A | Add +3.8% | 6.80% | −0.16 |
| NODK Ni Holdings Inc. | Add +1.5% | 1.29% | −0.20 |
| CCOI Cogent Communications Holdin | Add +19.1% | 4.57% | −0.53 |
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 |