Politan Capital Management LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Politan Capital Management LP reported 19 stock positions worth $1.4 billion. Its top holding was Masimo (MASI) at 57.0% of the portfolio, followed by Centene (CNC, 31.4%) and Azenta (AZTA, 10.2%). Compared with Q1 2025, it opened 14 new positions, added to 2 and reduced 2. The biggest buy was Masimo (MASI, shares +0%) and the biggest sale Centene (CNC, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001885245
- Portfolio Value
- $1.4B (Q2 2025)
- SEC Filing
- 0000902664-25-003682 ↗ filed Aug 14, 2025
Holdings Value
Holdings 19 stocks · $1.4B
| MASI Masimo Corp. | 56.98% | 4,716,536 | $793.4M | Add +0.0% |
| CNC Centene Corp. | 31.36% | 8,043,255 | $436.6M | Reduce -5.7% |
| AZTA Azenta Inc. | 10.21% | 4,616,787 | $142.1M | No change |
| IWM iShares Russell 2000 ETF | 0.30% | 19,465 | $4.2M | Reduce -45.9% |
| CSGP Costar Group Inc. | 0.14% | 24,891 | $2.0M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.11% | 11,826 | $1.5M | New |
| HON Honeywell International Inc. | 0.10% | 5,807 | $1.4M | New |
| APD Air Products & Chemicals Inc. | 0.09% | 4,617 | $1.3M | New |
| MIDD Middleby Corp. | 0.09% | 8,973 | $1.3M | New |
| PFGC Performance Food Group Co. | 0.09% | 14,515 | $1.3M | New |
| FUN Six Flags Entertainment Corp. | 0.09% | 41,086 | $1.3M | Add +22.1% |
| META Meta Platforms Inc. Class A | 0.07% | 1,243 | $917K | New |
| AMZN Amazon.com Inc. | 0.06% | 3,884 | $852K | New |
| GOOG Alphabet Inc. Class C | 0.06% | 4,789 | $850K | New |
| MSFT Microsoft Corp. | 0.06% | 1,701 | $846K | New |
| IYE iShares U.S. Energy ETF | 0.06% | 17,209 | $778K | New |
| GXO Gxo Logistics Inc. | 0.05% | 15,676 | $763K | New |
| BIO Bio-Rad Laboratories-A | 0.04% | 2,588 | $625K | New |
| GO Grocery Outlet Holding Corp. | 0.04% | 41,487 | $515K | New |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| MASI Masimo Corp. | Add +0.0% | 56.98% | +3.61 |
| CSGP Costar Group Inc. | New | 0.14% | +0.14 |
| DIS The Walt Disney Co. | New | 0.11% | +0.11 |
| HON Honeywell International Inc. | New | 0.10% | +0.10 |
| APD Air Products & Chemicals Inc. | New | 0.09% | +0.09 |
| MIDD Middleby Corp. | New | 0.09% | +0.09 |
| PFGC Performance Food Group Co. | New | 0.09% | +0.09 |
| META Meta Platforms Inc. Class A | New | 0.07% | +0.07 |
| AMZN Amazon.com Inc. | New | 0.06% | +0.06 |
| GOOG Alphabet Inc. Class C | New | 0.06% | +0.06 |
| MSFT Microsoft Corp. | New | 0.06% | +0.06 |
| IYE iShares U.S. Energy ETF | New | 0.06% | +0.06 |
| GXO Gxo Logistics Inc. | New | 0.05% | +0.05 |
| BIO Bio-Rad Laboratories-A | New | 0.04% | +0.04 |
| GO Grocery Outlet Holding Corp. | New | 0.04% | +0.04 |
| FUN Six Flags Entertainment Corp. | Add +22.1% | 0.09% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2 | $255.0M | CNC, AZTA |
| Q1 2026 | 3 | $984.9M | MASI, AZTA, CNC |
| Q4 2025 | 3 | $840.6M | MASI, AZTA, CNC |
| Q3 2025 | 21 | $1.1B | MASI, CNC, AZTA, IWM, VTWO |
| Q2 2025 | 19 | $1.4B | MASI, CNC, AZTA, IWM, CSGP |
| Q1 2025 | 5 | $1.5B | MASI, CNC, AZTA, IWM, FUN |
| Q4 2024 | 4 | $1.5B | MASI, CNC, AZTA, FUN |
| Q3 2024 | 4 | $1.8B | CNC, MASI, AZTA, FUN |
| Q2 2024 | 3 | $1.6B | CNC, MASI, AZTA |
| Q1 2024 | 3 | $1.9B | CNC, MASI, AZTA |