Parsifal Capital Management, LP In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Parsifal Capital Management, LP reported 15 stock positions worth $992.6 million . Its top holding was Sharkninja (SN) at 13.5% of the portfolio, followed by Hilton Grand Vacations (HGV, 11.2% ) and Globus Medical Class A (GMED, 10.8% ). Compared with Q3 2025, it opened 3 new positions, sold out of 4, added to 5 and reduced 7. The biggest buy was a new position in Axalta Coating Systems (AXTA) and the biggest sale an exit from Dollar Tree (DLTR).
Location GREENWICH, CT
CIK 0001776090
Portfolio Value $992.6M (Q4 2025) Holdings 15 stocks · $992.6M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2025 SN Sharkninja Inc. 1,199,937 $134.3M Add +10.7% HGV Hilton Grand Vacations Inc. 2,475,501 $110.8M Add +12.7% GMED Globus Medical Inc. Class A 1,222,717 $106.8M Add +10.7% TEVA Teva Pharmaceutical-SP ADR 2,819,933 $88.0M Add +40.3% GXO Gxo Logistics Inc. 1,441,613 $75.9M Reduce -2.8% AXTA Axalta Coating Systems Ltd. 2,184,355 $70.6M New MMM 3M Co. 417,358 $66.8M Reduce -28.5% ATMU Atmus Filtration Technologie 1,234,287 $64.1M Reduce -0.7% VIAV Viavi Solutions Inc. 3,385,700 $60.3M New AVPT Avepoint Inc. 3,752,179 $52.1M Reduce -56.0% UNH Unitedhealth Group Inc. 150,258 $49.6M Reduce -2.8% ACI Albertsons Cos Inc. Class A 2,469,593 $42.4M Reduce -63.2% IESC Ies Holdings Inc. filed as IES HLDGS INC 100,180 $39.0M Add +54.6% CORZ Core Scientific Inc. 1,197,600 $17.4M New LPX Louisiana-Pacific Corp. 180,168 $14.6M Reduce -65.3%
Options reported separately and not counted above: COMP calls ($106.9M), WBD calls ($96.7M), Z puts ($23.0M).
Portfolio Sells Q3 2025 → Q4 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▲ DLTR Dollar Tree Inc. Sold out 0.00% −9.24 ACI Albertsons Cos Inc. Class A Reduce -63.2% 4.27% −6.66 AVPT Avepoint Inc. Reduce -56.0% 5.25% −6.65 SXT Sensient Technologies Corp. Sold out 0.00% −4.35 LPX Louisiana-Pacific Corp. Reduce -65.3% 1.47% −2.83 MMM 3M Co. Reduce -28.5% 6.73% −1.70 CVS CVS Health Corp. Sold out 0.00% −1.28 HUM Humana Inc. Sold out 0.00% −1.07 UNH Unitedhealth Group Inc. Reduce -2.8% 5.00% +0.03 GXO Gxo Logistics Inc. Reduce -2.8% 7.65% +0.35 ATMU Atmus Filtration Technologie Reduce -0.7% 6.46% +1.24
Portfolio Buys Q3 2025 → Q4 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▼ AXTA Axalta Coating Systems Ltd. New 7.11% +7.11 VIAV Viavi Solutions Inc. New 6.08% +6.08 TEVA Teva Pharmaceutical-SP ADR Add +40.3% 8.87% +5.09 GMED Globus Medical Inc. Class A Add +10.7% 10.76% +4.87 SN Sharkninja Inc. Add +10.7% 13.53% +3.13 HGV Hilton Grand Vacations Inc. Add +12.7% 11.16% +2.61 CORZ Core Scientific Inc. New 1.76% +1.76 IESC Ies Holdings Inc. Add +54.6% 3.93% +1.53
Options Activity Q3 2025 → Q4 2025 Security Type Change vs Q3 2025 Underlying Shares Value ▼ COMP Compass Inc. Class A call New 10,110,100 $106.9M WBD Warner Bros Discovery Inc. call New 3,356,800 $96.7M Z Zillow Group Inc. Class C put New 337,800 $23.0M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 14 $816.5M COMP, HGV, SN, AXTA, AKAM Q1 2026 17 $774.6M COMP, HGV, SN, AKAM, AXTA Q4 2025 15 $992.6M SN, HGV, GMED, TEVA, GXO Q3 2025 16 $1.1B AVPT, ACI, SN, DLTR, HGV Q2 2025 13 $1.0B ACI, DLTR, MMM, SN, HGV Q1 2025 15 $956.2M ACI, HGV, MMM, SN, AVPT Q4 2024 16 $1.2B ACI, HGV, SN, MMM, CLX Q3 2024 14 $1.3B ACI, SN, HGV, CLX, TEVA Q2 2024 18 $1.4B SN, HGV, ACI, CLX, TEVA Q1 2024 19 $1.4B SN, HGV, ACI, CLX, BRSL