Slotnik Capital, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Slotnik Capital, LLC reported 28 stock positions worth $365.2 million. Its top holding was Avidity Biosciences (RNAM) at 14.1% of the portfolio, followed by Exact Sciences (EXAS, 8.9%) and Frontier Communications Pare (FYBR, 8.6%). Compared with Q3 2025, it opened 18 new positions, sold out of 13, added to 3 and reduced 6. The biggest buy was a new position in Avidity Biosciences (RNAM) and the biggest sale Electronic Arts (EA, shares −67%).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001963764
Portfolio Value
$365.2M (Q4 2025)
SEC Filing
0001963764-26-000002 ↗ filed Feb 13, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $154.8M Q1 2024 Q2 2024: $194.9M Q2 2024 Q3 2024: $284.3M Q3 2024 Q4 2024: $219.3M Q4 2024 Q1 2025: $202.1M Q1 2025 Q2 2025: $248.2M Q2 2025 Q3 2025: $277.4M Q3 2025 Q4 2025: $365.2M $365.2M Q4 2025 Q1 2026: $336.6M Q1 2026 Q2 2026: $359.4M Q2 2026

Holdings 28 stocks · $365.2M
RNAM Avidity Biosciences Inc. 14.12% 715,000 $51.6M New
EXAS Exact Sciences Corp. 8.90% 320,000 $32.5M New
FYBR Frontier Communications Pare 8.56% 820,908 $31.3M Reduce -30.6%
WBD Warner Bros Discovery Inc. 6.83% 865,000 $24.9M Add +440.6%
CMA Comerica Inc. 6.34% 266,368 $23.2M New
GTLS Chart Industries Inc. 5.92% 104,780 $21.6M New
CFLT Confluent Inc. Class A 4.84% 585,000 $17.7M New
LBRDK Liberty Broadband-C 4.80% 360,524 $17.5M Reduce -41.8%
CDTX Cidara Therapeutics Inc. 4.61% 76,245 $16.8M New
CYBR Cyberark Software Ltd./Israel 4.27% 34,970 $15.6M Add +53.8%
NSC Norfolk Southern Corp. 3.94% 49,811 $14.4M Reduce -49.8%
EA Electronic Arts Inc. 3.92% 70,000 $14.3M Reduce -66.7%
SEE Sealed Air Corp. 3.67% 323,600 $13.4M New
LBRDA Liberty Broadband-A 3.49% 263,700 $12.7M New
WES Western Midstream Partners L 2.84% 262,614 $10.4M New
CWAN Clearwater Analytics HDS-A 2.11% 320,000 $7.7M New
CADE Cadence Bank 1.76% 150,000 $6.4M New
AHL Aspen Insurance Holdings Class A 1.73% 170,000 $6.3M Add +147.8%
CSGS CSG Systems Intl Inc. 1.47% 70,000 $5.4M New
DBRG Digitalbridge Group Inc. 1.13% 270,000 $4.1M New
GLIBK Liberty Capital Corp. Class C filed as GCI LIBERTY INC 0.87% 85,540 $3.2M Reduce -47.7%
LWAY Lifeway Foods Inc. 0.85% 128,581 $3.1M Reduce -9.3%
KVUE Kenvue Inc. 0.71% 150,000 $2.6M New
AXTA Axalta Coating Systems Ltd. 0.57% 65,000 $2.1M New
SEMR Semrush Holdings Inc. Class A 0.54% 166,519 $2.0M New
DVAX Dynavax Technologies Corp. 0.45% 105,900 $1.6M New
RKT Rocket Cos Inc. Class A 0.41% 77,762 $1.5M No change
NFLX Netflix Inc. 0.36% 14,000 $1.3M New

Options reported separately and not counted above: RNAM puts ($28.9M), EA calls ($20.4M), WBD puts ($13.0M), CWAN puts ($1.9M).

Portfolio Sells Q3 2025 → Q4 2025
EA Electronic Arts Inc. Reduce -66.7% 3.92% −11.35
LBRDK Liberty Broadband-C Reduce -41.8% 4.80% −9.39
FYBR Frontier Communications Pare Reduce -30.6% 8.56% −7.37
NSC Norfolk Southern Corp. Reduce -49.8% 3.94% −6.81
VRNA Verona Pharma Ltd. Sold out 0.00% −6.57
ARIS WATER SOLUTIONS INC-A Sold out 0.00% −6.22
STAA Staar Surgical Co. Sold out 0.00% −6.15
AL Sumisho Air Lease Corp. Sold out 0.00% −3.33
MRUS Merus NV Sold out 0.00% −3.05
HBI Hanesbrands Inc. Sold out 0.00% −2.04
CSX CSX Corp. Sold out 0.00% −1.73
GLIBK Liberty Capital Corp. Class C Reduce -47.7% 0.87% −1.33
CORZ Core Scientific Inc. Sold out 0.00% −1.10
KDP Keurig Dr Pepper Inc. Sold out 0.00% −0.92
TASK Taskus Inc. Class A Sold out 0.00% −0.90
TECK Teck Resources Ltd.-CLS B Sold out 0.00% −0.71
LWAY Lifeway Foods Inc. Reduce -9.3% 0.85% −0.57
INBX Inhibrx Biosciences Inc. Sold out 0.00% −0.50
GES Guess? Inc. Sold out 0.00% −0.48

Portfolio Buys Q3 2025 → Q4 2025
RNAM Avidity Biosciences Inc. New 14.12% +14.12
EXAS Exact Sciences Corp. New 8.90% +8.90
CMA Comerica Inc. New 6.34% +6.34
GTLS Chart Industries Inc. New 5.92% +5.92
WBD Warner Bros Discovery Inc. Add +440.6% 6.83% +5.70
CFLT Confluent Inc. Class A New 4.84% +4.84
CDTX Cidara Therapeutics Inc. New 4.61% +4.61
SEE Sealed Air Corp. New 3.67% +3.67
LBRDA Liberty Broadband-A New 3.49% +3.49
WES Western Midstream Partners L New 2.84% +2.84
CWAN Clearwater Analytics HDS-A New 2.11% +2.11
CADE Cadence Bank New 1.76% +1.76
CSGS CSG Systems Intl Inc. New 1.47% +1.47
DBRG Digitalbridge Group Inc. New 1.13% +1.13
AHL Aspen Insurance Holdings Class A Add +147.8% 1.73% +0.82
KVUE Kenvue Inc. New 0.71% +0.71
AXTA Axalta Coating Systems Ltd. New 0.57% +0.57
SEMR Semrush Holdings Inc. Class A New 0.54% +0.54
DVAX Dynavax Technologies Corp. New 0.45% +0.45
NFLX Netflix Inc. New 0.36% +0.36
CYBR Cyberark Software Ltd./Israel Add +53.8% 4.27% +0.31

Options Activity Q3 2025 → Q4 2025
EA Electronic Arts Inc. put Sold out 150,000 $30.3Mbefore exit
RNAM Avidity Biosciences Inc. put New 400,000 $28.9M
EA Electronic Arts Inc. call New 100,000 $20.4M
WBD Warner Bros Discovery Inc. put New 450,000 $13.0M
CSX CSX Corp. put Sold out 135,000 $4.8Mbefore exit
CORZ Core Scientific Inc. put Sold out 250,000 $4.5Mbefore exit
TECK Teck Resources Ltd.-CLS B call Sold out 70,000 $3.1Mbefore exit
CWAN Clearwater Analytics HDS-A put New 80,000 $1.9M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 26$359.4MPEN, TMHC, APGE, KVUE, GSAT
Q1 2026 24$336.6MGTLS, MASI, PEN, TERN, LBRDA
Q4 2025 28$365.2MRNAM, EXAS, FYBR, WBD, CMA
Q3 2025 23$277.4MFYBR, EA, LBRDK, NSC, VRNA
Q2 2025 20$248.2MFYBR, LBRDK, BPMC, K, SKX
Q1 2025 20$202.1MFYBR, K, PLYA, HES, HEES
Q4 2024 16$219.3MFYBR, K, HCP, HES, ALTR
Q3 2024 18$284.3MHCP, FYBR, K, MRO, HES
Q2 2024 17$194.9MMRO, HCP, HES, CHX, HTLF
Q1 2024 15$154.8MDOOR, HES, AEL, INHIBRX INC, PXD