Politan Capital Management LP

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Politan Capital Management LP reported 5 stock positions worth $1.5 billion. Its top holding was Masimo (MASI) at 53.4% of the portfolio, followed by Centene (CNC, 35.2%) and Azenta (AZTA, 10.9%). Compared with Q4 2024, it opened 1 new position, added to 1 and reduced 1. The biggest buy was a new position in iShares Russell 2000 ETF (IWM) and the biggest sale Centene (CNC, shares −3%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001885245
Portfolio Value
$1.5B (Q1 2025)
SEC Filing
0000902664-25-002392 ↗ filed May 15, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.9B Q1 2024 Q2 2024: $1.6B Q2 2024 Q3 2024: $1.8B Q3 2024 Q4 2024: $1.5B Q4 2024 Q1 2025: $1.5B $1.5B Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $840.6M Q4 2025 Q1 2026: $984.9M Q1 2026 Q2 2026: $255.0M Q2 2026

Holdings 5 stocks · $1.5B
MASI Masimo Corp. 53.37% 4,714,746 $785.5M No change
CNC Centene Corp. 35.19% 8,531,731 $518.0M Reduce -2.7%
AZTA Azenta Inc. 10.87% 4,616,787 $159.9M Add +0.1%
IWM iShares Russell 2000 ETF 0.49% 36,000 $7.2M New
FUN Six Flags Entertainment Corp. 0.08% 33,656 $1.2M No change

Portfolio Sells Q4 2024 → Q1 2025
CNC Centene Corp. Reduce -2.7% 35.19% +0.75

Portfolio Buys Q4 2024 → Q1 2025
IWM iShares Russell 2000 ETF New 0.49% +0.49
AZTA Azenta Inc. Add +0.1% 10.87% −4.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$255.0MCNC, AZTA
Q1 2026 3$984.9MMASI, AZTA, CNC
Q4 2025 3$840.6MMASI, AZTA, CNC
Q3 2025 21$1.1BMASI, CNC, AZTA, IWM, VTWO
Q2 2025 19$1.4BMASI, CNC, AZTA, IWM, CSGP
Q1 2025 5$1.5BMASI, CNC, AZTA, IWM, FUN
Q4 2024 4$1.5BMASI, CNC, AZTA, FUN
Q3 2024 4$1.8BCNC, MASI, AZTA, FUN
Q2 2024 3$1.6BCNC, MASI, AZTA
Q1 2024 3$1.9BCNC, MASI, AZTA