Nexpoint Asset Management, L.P.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Nexpoint Asset Management, L.P. reported 65 stock positions worth $1.5 billion. Its top holding was Nexpoint Real Estate Finance (NREF) at 9.8% of the portfolio, followed by Nuvalent Class A (NUVL, 5.1%) and Global Business Travel (GBTG, 5.1%). Compared with Q1 2026, it opened 28 new positions, sold out of 41, added to 14 and reduced 4. The biggest buy was a new position in Nuvalent Class A (NUVL) and the biggest sale an exit from Hologic (HOLX).
- Most Recent 13F
- Q2 2026
- Location
- Dallas, TX
- CIK
- 0001469877
- Portfolio Value
- $1.5B (Q2 2026)
- SEC Filing
- 0001172661-26-003458 ↗ filed Aug 14, 2026
Holdings Value
Holdings 65 stocks · $1.5B
| NREF Nexpoint Real Estate Finance | 9.82% | 9,439,635 | $146.3M | No change |
| NUVL Nuvalent Inc. Class A | 5.12% | 617,820 | $76.3M | New |
| GBTG Global Business Travel Group | 5.10% | 8,089,339 | $76.0M | New |
| TMHC Taylor Morrison Home Corp. | 5.05% | 1,049,930 | $75.3M | New |
| WTRG Essential Utilities Inc. | 4.58% | 1,780,349 | $68.2M | New |
| BLD Topbuild Corp. | 4.42% | 185,680 | $65.8M | New |
| JHG Janus Henderson Group PLC | 4.40% | 1,263,211 | $65.6M | New |
| EA Electronic Arts Inc. | 4.22% | 306,964 | $62.9M | Add +2.3% |
| SILA Sila Realty Trust Inc. | 4.01% | 1,966,063 | $59.7M | New |
| WSR Whitestone REIT | 3.88% | 3,050,205 | $57.8M | Add +248.5% |
| AVNS Avanos Medical Inc. | 3.63% | 2,177,366 | $54.2M | New |
| WBD Warner Bros Discovery Inc. | 3.46% | 1,933,000 | $51.5M | Add +121.7% |
| CPRX Catalyst Pharmaceuticals Inc. | 3.38% | 1,602,557 | $50.4M | New |
| GTLS Chart Industries Inc. | 3.10% | 220,917 | $46.2M | Add +19.3% |
| TXNM TXNM Energy Inc. | 3.09% | 811,090 | $46.1M | Add +50.1% |
| OGN Organon & Co. | 2.73% | 3,009,630 | $40.8M | New |
| ROKU Roku Inc. | 2.71% | 292,770 | $40.4M | New |
| APGE Apogee Therapeutics Inc. | 2.67% | 299,940 | $39.8M | New |
| BHF Brighthouse Financial Inc. | 2.48% | 582,977 | $36.9M | Add +1.1% |
| FRMI Fermi Inc. | 2.42% | 3,941,477 | $36.1M | Add +202.8% |
| TALK Talkspace Inc. | 2.37% | 6,786,800 | $35.3M | Add +128.1% |
| HFRO Highland Opport & Income | 2.20% | 4,599,295 | $32.8M | Add +11.4% |
| NXDT Nexpoint Diversified Real Es | 1.91% | 5,481,827 | $28.5M | Add +2.2% |
| NXRT Nexpoint Residential | 1.75% | 934,752 | $26.1M | No change |
| CCO Clear Channel Outdoor Holdin | 1.72% | 10,616,260 | $25.7M | Add +13.7% |
| TSAT Telesat Corp. | 1.35% | 396,623 | $20.1M | No change |
| ET Energy Transfer LP | 0.99% | 773,690 | $14.8M | Add +12.6% |
| GSAT Globalstar Inc. | 0.80% | 145,946 | $11.9M | New |
| ESPR Esperion Therapeutics Inc. | 0.63% | 2,955,920 | $9.3M | New |
| CCRN Cross Country Healthcare Inc. | 0.58% | 656,630 | $8.7M | New |
| APTV Aptiv PLC | 0.54% | 130,805 | $8.0M | New |
| CEPU Central Puerto-Sponsored ADR | 0.53% | 530,000 | $7.9M | No change |
| TALO Talos Energy Inc. | 0.43% | 496,596 | $6.4M | No change |
| STEL Stellar Bancorp Inc. | 0.36% | 138,128 | $5.4M | New |
| NRG NRG Energy Inc. | 0.36% | 36,300 | $5.3M | New |
| PRIM Primoris Services Corp. | 0.25% | 37,025 | $3.7M | New |
| KYIV Kyivstar Group Ltd. | 0.24% | 219,271 | $3.5M | Reduce -22.5% |
| LION Lionsgate Studios Corp. | 0.23% | 227,768 | $3.5M | Reduce -23.6% |
| SHC Sotera Health Co. | 0.23% | 190,916 | $3.4M | Reduce -39.5% |
| AMRZ Amrize Ltd. | 0.18% | 49,510 | $2.6M | Add +56.9% |
| MIDD Middleby Corp. | 0.17% | 14,825 | $2.6M | Reduce -60.3% |
| FLS Flowserve Corp. | 0.17% | 33,800 | $2.5M | New |
| REZI Resideo Technologies Inc. | 0.17% | 80,100 | $2.5M | Add +37.4% |
| ONT Onterris Inc. | 0.15% | 110,353 | $2.2M | New |
| RNA Atrium Therapeutics Inc. | 0.14% | 150,025 | $2.0M | No change |
| CRESY Cresud S.A.-Spons ADR | 0.13% | 170,852 | $1.9M | No change |
| VRRM Verra Mobility Corp. | 0.12% | 420,000 | $1.8M | New |
| BILL Bill Holdings Inc. | 0.11% | 46,300 | $1.7M | No change |
| MKC McCormick & Co.-Non VTG SHRS | 0.11% | 31,409 | $1.6M | New |
| VISN Vistance Networks Inc. | 0.10% | 122,500 | $1.6M | New |
| RC Ready Capital Corp. | 0.10% | 850,129 | $1.5M | No change |
| PSN Parsons Corp. | 0.09% | 26,000 | $1.4M | No change |
| FISV Fiserv Inc. | 0.08% | 25,000 | $1.2M | No change |
| SRG Seritage Growth Prop- A | 0.07% | 417,500 | $1.1M | No change |
| MMLP Martin Midstream Partners LP | 0.06% | 408,240 | $943K | No change |
| SUJA Suja Life Inc. Class A | 0.06% | 82,589 | $839K | New |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.05% | 64,000 | $733K | No change |
| ADBE Adobe Inc. | 0.04% | 2,896 | $594K | No change |
| HON Honeywell International Inc. | 0.04% | 2,550 | $571K | New |
| HONA Honeywell Aerospace Inc. | 0.04% | 2,550 | $564K | New |
| INDI Indie Semiconductor Inc. Class A | 0.03% | 106,100 | $476K | No change |
| CNR Core Natural Resources Inc. | 0.03% | 5,368 | $430K | No change |
| SUPV Grupo Supervielle SA-SP ADR | 0.02% | 24,300 | $235K | No change |
| HRTX Heron Therapeutics Inc. | 0.01% | 475,750 | $203K | No change |
| PAYO Payoneer Global Inc. | 0.01% | 13,700 | $98K | New |
Options reported separately and not counted above: FRMI puts ($916K), EVAC.WS calls ($27K), LWACW calls ($15K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $5.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BRAEMAR HOTELS & RESORTS (BHR 5.5 PERP b) | 5.5 CUM CV PFD B | 339,774 | $4.7M | No change |
| WHEELER REIT INC (WHLR 9 PERP B) | CV PFD SER B | 82,301 | $823K | No change |
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q1 2026 → Q2 2026
| HOLX Hologic Inc. | Sold out | 0.00% | −8.16 |
| CWAN Clearwater Analytics HDS-A | Sold out | 0.00% | −6.63 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −5.87 |
| OS Onestream Inc. | Sold out | 0.00% | −5.65 |
| AL Sumisho Air Lease Corp. | Sold out | 0.00% | −5.32 |
| CSGS CSG Systems Intl Inc. | Sold out | 0.00% | −5.02 |
| MASI Masimo Corp. | Sold out | 0.00% | −3.86 |
| SEMR Semrush Holdings Inc. Class A | Sold out | 0.00% | −3.85 |
| TERN Terns Pharmaceuticals Inc. | Sold out | 0.00% | −3.34 |
| ACLX Arcellx Inc. | Sold out | 0.00% | −3.00 |
| PRA Proassurance Corp. | Sold out | 0.00% | −2.45 |
| FOLD Amicus Therapeutics Inc. | Sold out | 0.00% | −2.07 |
| SEM Select Medical Holdings Corp. | Sold out | 0.00% | −1.69 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −1.18 |
| TWO Two Harbors Investment Corp. | Sold out | 0.00% | −0.83 |
| VRE Veris Residential Inc. | Sold out | 0.00% | −0.58 |
| RAL Ralliant Corp. | Sold out | 0.00% | −0.45 |
| REYN Reynolds Consumer Products I | Sold out | 0.00% | −0.42 |
| FBIN Fortune Brands Innovations I | Sold out | 0.00% | −0.42 |
| YETI Yeti Holdings Inc. | Sold out | 0.00% | −0.27 |
| SWX Southwest Gas Holdings Inc. | Sold out | 0.00% | −0.24 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | −0.18 |
| MIDD Middleby Corp. | Reduce -60.3% | 0.17% | −0.18 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.13 |
| BEP Brookfield Renewable Partner | Sold out | 0.00% | −0.13 |
| BRZE Braze Inc. Class A | Sold out | 0.00% | −0.12 |
| LEG Leggett & Platt Inc. | Sold out | 0.00% | −0.11 |
| OKTA Okta Inc. | Sold out | 0.00% | −0.11 |
| GTLB Gitlab Inc. Class A | Sold out | 0.00% | −0.11 |
| CSX CSX Corp. | Sold out | 0.00% | −0.10 |
| PRMB Primo Brands Corp. | Sold out | 0.00% | −0.10 |
| STKL Sunopta Inc. | Sold out | 0.00% | −0.09 |
| MCW Mister Car Wash Inc. | Sold out | 0.00% | −0.09 |
| BL Blackline Inc. | Sold out | 0.00% | −0.09 |
| SHC Sotera Health Co. | Reduce -39.5% | 0.23% | −0.09 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.09 |
| LWAC Lightwave Acquisition Corp. Class A | Sold out | 0.00% | −0.07 |
| WK Workiva Inc. | Sold out | 0.00% | −0.06 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −0.06 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.05 |
| DHIL Diamond Hill Investment Grp | Sold out | 0.00% | −0.05 |
| KW Kennedy-Wilson Holdings Inc. | Sold out | 0.00% | −0.04 |
| EHAB Enhabit Inc. | Sold out | 0.00% | −0.01 |
| LION Lionsgate Studios Corp. | Reduce -23.6% | 0.23% | +0.03 |
| KYIV Kyivstar Group Ltd. | Reduce -22.5% | 0.24% | +0.04 |
Portfolio Buys Q1 2026 → Q2 2026
| NUVL Nuvalent Inc. Class A | New | 5.12% | +5.12 |
| GBTG Global Business Travel Group | New | 5.10% | +5.10 |
| TMHC Taylor Morrison Home Corp. | New | 5.05% | +5.05 |
| WTRG Essential Utilities Inc. | New | 4.58% | +4.58 |
| BLD Topbuild Corp. | New | 4.42% | +4.42 |
| JHG Janus Henderson Group PLC | New | 4.40% | +4.40 |
| SILA Sila Realty Trust Inc. | New | 4.01% | +4.01 |
| AVNS Avanos Medical Inc. | New | 3.63% | +3.63 |
| CPRX Catalyst Pharmaceuticals Inc. | New | 3.38% | +3.38 |
| WSR Whitestone REIT | Add +248.5% | 3.88% | +2.89 |
| OGN Organon & Co. | New | 2.73% | +2.73 |
| ROKU Roku Inc. | New | 2.71% | +2.71 |
| APGE Apogee Therapeutics Inc. | New | 2.67% | +2.67 |
| FRMI Fermi Inc. | Add +202.8% | 2.42% | +1.89 |
| WBD Warner Bros Discovery Inc. | Add +121.7% | 3.46% | +1.78 |
| TALK Talkspace Inc. | Add +128.1% | 2.37% | +1.29 |
| TXNM TXNM Energy Inc. | Add +50.1% | 3.09% | +0.88 |
| GSAT Globalstar Inc. | New | 0.80% | +0.80 |
| ESPR Esperion Therapeutics Inc. | New | 0.63% | +0.63 |
| CCRN Cross Country Healthcare Inc. | New | 0.58% | +0.58 |
| HFRO Highland Opport & Income | Add +11.4% | 2.20% | +0.55 |
| APTV Aptiv PLC | New | 0.54% | +0.54 |
| GTLS Chart Industries Inc. | Add +19.3% | 3.10% | +0.41 |
| STEL Stellar Bancorp Inc. | New | 0.36% | +0.36 |
| NRG NRG Energy Inc. | New | 0.36% | +0.36 |
| PRIM Primoris Services Corp. | New | 0.25% | +0.25 |
| CCO Clear Channel Outdoor Holdin | Add +13.7% | 1.72% | +0.17 |
| FLS Flowserve Corp. | New | 0.17% | +0.17 |
| NXDT Nexpoint Diversified Real Es | Add +2.2% | 1.91% | +0.15 |
| ONT Onterris Inc. | New | 0.15% | +0.15 |
| VRRM Verra Mobility Corp. | New | 0.12% | +0.12 |
| MKC McCormick & Co.-Non VTG SHRS | New | 0.11% | +0.11 |
| VISN Vistance Networks Inc. | New | 0.10% | +0.10 |
| ET Energy Transfer LP | Add +12.6% | 0.99% | +0.06 |
| BHF Brighthouse Financial Inc. | Add +1.1% | 2.48% | +0.06 |
| SUJA Suja Life Inc. Class A | New | 0.06% | +0.06 |
| AMRZ Amrize Ltd. | Add +56.9% | 0.18% | +0.05 |
| HON Honeywell International Inc. | New | 0.04% | +0.04 |
| HONA Honeywell Aerospace Inc. | New | 0.04% | +0.04 |
| REZI Resideo Technologies Inc. | Add +37.4% | 0.17% | +0.03 |
| PAYO Payoneer Global Inc. | New | 0.01% | +0.01 |
| EA Electronic Arts Inc. | Add +2.3% | 4.22% | −0.06 |
Options Activity Q1 2026 → Q2 2026
| DBRG Digitalbridge Group Inc. | call | Sold out | 2,181,000 | $33.6Mbefore exit |
| WBD Warner Bros Discovery Inc. | put | Sold out | 872,000 | $23.9Mbefore exit |
| FRMI Fermi Inc. | put | New | 100,000 | $916K |
| EVAC.WS Eqv Ventures Acquisition Cor | call | New | 67,000 | $27K |
| LWACW Lightwave Acquisition Corp. | call | New | 50,000 | $15K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2026 → Q2 2026
| LWACW Lightwave Acquisition Corp. | *W EXP 06/06/203 | Sold out | 50,000 | $12Kbefore 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 | 65 | $1.5B | NREF, NUVL, GBTG, TMHC, WTRG |
| Q1 2026 | 78 | $1.4B | NREF, HOLX, CWAN, SEE, OS |
| Q4 2025 | 81 | $1.4B | NREF, DAY, CYBR, RNAM, HOLX |
| Q3 2025 | 90 | $1.1B | NREF, WNS, AVDX, VRNA, FYBR |
| Q2 2025 | 82 | $1.0B | NREF, SKX, SWTX, JNPR, BPMC |
| Q1 2025 | 78 | $1.0B | NREF, ITCI, PDCO, JWN, PYCR |
| Q4 2024 | 86 | $851.4M | NREF, NXRT, SMAR, BARNES GROUP INC, ROIC |
| Q3 2024 | 85 | $824.2M | NREF, ENV, RCM, EDR, NVEI |
| Q2 2024 | 78 | $747.1M | NREF, WIRE, EVBG, SLCA, EDR |
| Q1 2024 | 77 | $642.8M | NREF, TCN, M D C HLDGS INC, NWLI, DOOR |