QVT Financial LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), QVT Financial LP reported 64 stock positions worth $1.3 billion. Its top holding was Roivant Sciences (ROIV) at 55.8% of the portfolio, followed by Okeanis Eco Tankers (ECO, 5.2%) and Goldman Sachs (GS, 3.8%). Compared with Q4 2025, it opened 26 new positions, sold out of 11, added to 20 and reduced 4. The biggest buy was Microsoft (MSFT, shares +1980%) and the biggest sale an exit from Infleqtion (INFQ).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001290162
- Portfolio Value
- $1.3B (Q1 2026)
- SEC Filing
- 0001193125-26-226358 ↗ filed May 15, 2026
Holdings Value
Holdings 64 stocks · $1.3B
| ROIV Roivant Sciences Ltd. | 55.75% | 25,161,237 | $697.0M | Reduce -4.7% |
| ECO Okeanis Eco Tankers Corp. | 5.19% | 1,423,997 | $64.8M | No change |
| GS Goldman Sachs Group Inc. | 3.81% | 56,302 | $47.6M | Add +8.8% |
| ALLT Allot Ltd. | 2.98% | 5,598,293 | $37.3M | Add +10.6% |
| QQQ Invesco QQQ Trust Series 1 | 2.93% | 63,495 | $36.6M | Add +48.3% |
| NNI Nelnet Inc. Class A | 2.39% | 231,414 | $29.8M | Add +0.8% |
| NXST Nexstar Media Group Inc. | 2.25% | 155,281 | $28.1M | No change |
| NYT New York Times Co. Class A | 2.12% | 316,947 | $26.5M | No change |
| NVDA Nvidia Corp. | 1.91% | 137,187 | $23.9M | Add +0.4% |
| AAPL Apple Inc. | 1.84% | 90,765 | $23.0M | Add +18.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.84% | 47,946 | $23.0M | No change |
| ATEX Anterix Inc. | 1.54% | 503,941 | $19.2M | No change |
| MSFT Microsoft Corp. | 1.35% | 45,539 | $16.9M | Add +1980.4% |
| WHWK Whitehawk Therapeutics Inc. | 1.27% | 4,615,709 | $15.9M | No change |
| LILAK Liberty Latin Americ Class C | 1.23% | 1,749,467 | $15.4M | No change |
| INFQ Infleqtion Inc. | 0.98% | 1,254,220 | $12.3M | New |
| KMX Carmax Inc. | 0.87% | 260,903 | $10.8M | Add +13.4% |
| NE Noble Corp. PLC | 0.82% | 208,634 | $10.2M | No change |
| FOLD Amicus Therapeutics Inc. | 0.81% | 699,301 | $10.1M | New |
| BIRK Birkenstock Holding PLC | 0.78% | 273,538 | $9.8M | New |
| RAAQ Real Asset Acquisiti Class A | 0.64% | 762,685 | $8.0M | New |
| ZURA Zura Bio Ltd. | 0.62% | 1,310,593 | $7.8M | New |
| SMMT Summit Therapeutics Inc. | 0.55% | 360,524 | $6.8M | No change |
| JAAA Janus Henderson Aaa Clo ETF | 0.48% | 118,582 | $6.0M | Reduce -20.2% |
| BXSL Blackstone Secured Lending F | 0.47% | 249,634 | $5.9M | Add +7.5% |
| AVGO Broadcom Inc. | 0.44% | 17,729 | $5.5M | Add +0.8% |
| MGNI Magnite Inc. | 0.43% | 453,910 | $5.4M | Add +640.6% |
| CMTL Comtech Telecommunications | 0.43% | 1,694,467 | $5.3M | Add +21.7% |
| ARGX Argenx SE - ADR | 0.30% | 5,218 | $3.8M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.24% | 4,696 | $3.1M | New |
| SNPS Synopsys Inc. | 0.24% | 7,551 | $3.0M | Add +28.4% |
| MINE Mayfair Gold Corp. | 0.21% | 909,999 | $2.7M | New |
| DASH DoorDash Inc. Class A | 0.19% | 16,109 | $2.4M | Add +64.6% |
| IOVA Iovance Biotherapeutics Inc. | 0.19% | 678,564 | $2.4M | No change |
| AMD Advanced Micro Devices | 0.12% | 7,533 | $1.5M | Add +56.2% |
| GOOGL Alphabet Inc. Class A | 0.12% | 5,008 | $1.4M | Add +28.3% |
| BHVN Biohaven Ltd. | 0.12% | 170,006 | $1.4M | No change |
| GTN Gray Media Inc. | 0.10% | 291,452 | $1.3M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.10% | 3,640 | $1.2M | New |
| CDNS Cadence Design SYS Inc. | 0.10% | 4,295 | $1.2M | New |
| CVNA Carvana Co. | 0.09% | 3,666 | $1.2M | Reduce -87.8% |
| AMAT Applied Materials Inc. | 0.09% | 3,286 | $1.1M | New |
| KKR KKR & Co. Inc. | 0.08% | 11,245 | $1.0M | New |
| MTSI Macom Technology Solutions H | 0.08% | 4,640 | $1.0M | Add +31.3% |
| BX Blackstone Inc. | 0.08% | 8,958 | $1.0M | New |
| PANW Palo Alto Networks Inc. | 0.08% | 6,362 | $1.0M | Add +312.6% |
| ARES Ares Management Corp. Class A | 0.08% | 9,219 | $1.0M | New |
| SNDK Sandisk Corp. | 0.07% | 1,360 | $864K | New |
| MDB Mongodb Inc. | 0.06% | 3,142 | $769K | Reduce -2.0% |
| ABNB Airbnb Inc. Class A | 0.06% | 5,534 | $699K | Add +7.3% |
| SHOP Shopify Inc. Class A | 0.05% | 5,639 | $669K | Add +35.4% |
| NFLX Netflix Inc. | 0.05% | 5,920 | $569K | No change |
| GLW Corning Inc. | 0.05% | 4,164 | $566K | New |
| SNOW Snowflake Inc. | 0.04% | 3,287 | $496K | New |
| NET Cloudflare Inc. Class A | 0.04% | 2,290 | $473K | New |
| GOOG Alphabet Inc. Class C | 0.04% | 1,527 | $438K | New |
| PLTR Palantir Technologies Inc. Class A | 0.03% | 2,887 | $422K | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.03% | 1,025 | $400K | New |
| RMBS Rambus Inc. | 0.03% | 4,648 | $400K | New |
| APH Amphenol Corp. Class A | 0.03% | 2,780 | $351K | New |
| LITE Lumentum Holdings Inc. | 0.03% | 444 | $312K | New |
| AKAM Akamai Technologies Inc. | 0.02% | 2,372 | $272K | New |
| ZS Zscaler Inc. | 0.02% | 1,459 | $205K | New |
| NOK Nokia Corp.-Spon ADR | 0.01% | 12,070 | $97K | New |
Options reported separately and not counted above: CVNA puts ($53.4M), BXSL puts ($11.8M), IONQ puts ($10.7M), TRIN puts ($7.4M), QBTS puts ($5.2M), EA puts ($4.1M), TSLX puts ($3.7M), RGTI puts ($2.5M), GLW calls ($680K).
Other holdings (3): bonds, preferreds, convertibles and warrants · $15.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | 175,000 | $8.0M | New |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 6,500,000 | $7.6M | No change |
| INFQ.WS Churchill Capital Corp. X | *W EXP 02/17/203 | 50,000 | $221K | New |
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q4 2025 → Q1 2026
| INFQ Infleqtion Inc. | Sold out | 0.00% | −2.21 |
| CVNA Carvana Co. | Reduce -87.8% | 0.09% | −1.13 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -20.2% | 0.48% | −0.25 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.09 |
| MDB Mongodb Inc. | Reduce -2.0% | 0.06% | −0.07 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.07 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.06 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.06 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.04 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.03 |
| NTNX Nutanix Inc. Class A | Sold out | 0.00% | −0.03 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.02 |
| TCOM Trip.com Group Ltd.-ADR | Sold out | 0.00% | −0.02 |
| U Unity Software Inc. | Sold out | 0.00% | −0.02 |
| ROIV Roivant Sciences Ltd. | Reduce -4.7% | 55.75% | +0.57 |
Portfolio Buys Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Add +1980.4% | 1.35% | +1.25 |
| INFQ Infleqtion Inc. | New | 0.98% | +0.98 |
| FOLD Amicus Therapeutics Inc. | New | 0.81% | +0.81 |
| BIRK Birkenstock Holding PLC | New | 0.78% | +0.78 |
| RAAQ Real Asset Acquisiti Class A | New | 0.64% | +0.64 |
| ZURA Zura Bio Ltd. | New | 0.62% | +0.62 |
| QQQ Invesco QQQ Trust Series 1 | Add +48.3% | 2.93% | +0.40 |
| MGNI Magnite Inc. | Add +640.6% | 0.43% | +0.34 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.24% | +0.24 |
| MINE Mayfair Gold Corp. | New | 0.21% | +0.21 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.10% | +0.10 |
| CDNS Cadence Design SYS Inc. | New | 0.10% | +0.10 |
| AMAT Applied Materials Inc. | New | 0.09% | +0.09 |
| KKR KKR & Co. Inc. | New | 0.08% | +0.08 |
| BX Blackstone Inc. | New | 0.08% | +0.08 |
| ARES Ares Management Corp. Class A | New | 0.08% | +0.08 |
| SNDK Sandisk Corp. | New | 0.07% | +0.07 |
| PANW Palo Alto Networks Inc. | Add +312.6% | 0.08% | +0.05 |
| GLW Corning Inc. | New | 0.05% | +0.05 |
| SNOW Snowflake Inc. | New | 0.04% | +0.04 |
| NET Cloudflare Inc. Class A | New | 0.04% | +0.04 |
| GOOG Alphabet Inc. Class C | New | 0.04% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | New | 0.03% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.03% | +0.03 |
| RMBS Rambus Inc. | New | 0.03% | +0.03 |
| APH Amphenol Corp. Class A | New | 0.03% | +0.03 |
| LITE Lumentum Holdings Inc. | New | 0.03% | +0.03 |
| MTSI Macom Technology Solutions H | Add +31.3% | 0.08% | +0.02 |
| AMD Advanced Micro Devices | Add +56.2% | 0.12% | +0.02 |
| AKAM Akamai Technologies Inc. | New | 0.02% | +0.02 |
| ZS Zscaler Inc. | New | 0.02% | +0.02 |
| KMX Carmax Inc. | Add +13.4% | 0.87% | +0.01 |
| NOK Nokia Corp.-Spon ADR | New | 0.01% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +28.3% | 0.12% | −0.00 |
| SHOP Shopify Inc. Class A | Add +35.4% | 0.05% | −0.01 |
| ABNB Airbnb Inc. Class A | Add +7.3% | 0.06% | −0.01 |
| DASH DoorDash Inc. Class A | Add +64.6% | 0.19% | −0.02 |
| SNPS Synopsys Inc. | Add +28.4% | 0.24% | −0.03 |
| BXSL Blackstone Secured Lending F | Add +7.5% | 0.47% | −0.12 |
| AVGO Broadcom Inc. | Add +0.8% | 0.44% | −0.15 |
| AAPL Apple Inc. | Add +18.9% | 1.84% | −0.16 |
| CMTL Comtech Telecommunications | Add +21.7% | 0.43% | −0.25 |
| NVDA Nvidia Corp. | Add +0.4% | 1.91% | −0.54 |
| NNI Nelnet Inc. Class A | Add +0.8% | 2.39% | −0.56 |
| GS Goldman Sachs Group Inc. | Add +8.8% | 3.81% | −0.58 |
| ALLT Allot Ltd. | Add +10.6% | 2.98% | −1.81 |
Options Activity Q4 2025 → Q1 2026
| CVNA Carvana Co. | put | Reduce -5.6% | 170,000 | $53.4M |
| BXSL Blackstone Secured Lending F | put | New | 500,000 | $11.8M |
| IONQ Ionq Inc. | put | Reduce -8.6% | 370,000 | $10.7M |
| TRIN Trinity Capital Inc. | put | New | 503,500 | $7.4M |
| QBTS D-Wave Quantum Inc. | put | Reduce -43.9% | 360,000 | $5.2M |
| EA Electronic Arts Inc. | put | New | 20,000 | $4.1M |
| TSLX Sixth Street Specialty Lendi | put | New | 200,000 | $3.7M |
| RGTI Rigetti Computing Inc. | put | Add +80.0% | 180,000 | $2.5M |
| GLW Corning Inc. | call | New | 5,000 | $680K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | New | 175,000 | $8.0M |
| IQIYI INC (IQ 6.5 03/15/28) | NOTE 6.500% 3/1 · principal | Sold out | 1,000,000 | $1.0Mbefore exit |
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | Sold out | 50,000 | $385Kbefore exit |
| INFQ.WS Churchill Capital Corp. X | *W EXP 02/17/203 | New | 50,000 | $221K |
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 | 68 | $1.5B | ROIV, SPY, ECO, ALLT, GS |
| Q1 2026 | 64 | $1.3B | ROIV, ECO, GS, ALLT, QQQ |
| Q4 2025 | 49 | $1.0B | ROIV, ALLT, GS, ECO, NXST |
| Q3 2025 | 42 | $873.7M | ROIV, TRML, ALLT, GS, ECO |
| Q2 2025 | 34 | $688.4M | ROIV, GS, ALLT, TRML, ECO |
| Q1 2025 | 30 | $973.7M | ROIV, GS, MP, ECO, BRK.B |
| Q4 2024 | 29 | $1.1B | ROIV, GS, ECO, NNI, MP |
| Q3 2024 | 28 | $1.1B | ROIV, MP, ECO, GS, NXST |
| Q2 2024 | 27 | $1.0B | ROIV, MP, ECO, GS, NXST |
| Q1 2024 | 27 | $1.0B | ROIV, MP, ECO, GS, NXST |