TAM Capital Management Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 16, 2025), TAM Capital Management Inc. reported 3 stock positions worth $119.2 million. Its top holding was Cigna at 50.2% of the portfolio, followed by Cigna (CI, 25.0%) and JPMorgan Chase (JPM, 24.8%). Compared with Q4 2024, it opened 1 new position, sold out of 5 and reduced 2. The biggest buy was a new position in Cigna and the biggest sale Cigna (CI, shares −81%).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001594591
- Portfolio Value
- $119.2M (Q1 2025)
- SEC Filing
- 0001594591-25-000003 ↗ filed May 16, 2025
Holdings Value
Holdings 3 stocks · $119.2M
Portfolio Sells Q4 2024 → Q1 2025
| CI The Cigna Group | Reduce -80.6% | 24.99% | −21.65 |
| VISA INC | Sold out | 0.00% | −19.58 |
| BNY Bank of New York Mellon Corp. | Sold out | 0.00% | −17.79 |
| JPMORGAN CHASE & CO | Sold out | 0.00% | −2.70 |
| STT State Street Corp. | Sold out | 0.00% | −0.99 |
| MAGN Magnera Corp. | Sold out | 0.00% | −0.31 |
| JPM JPMorgan Chase & Co. | Reduce -12.8% | 24.77% | +12.76 |
Portfolio Buys Q4 2024 → Q1 2025
| THE CIGNA GROUP | New | 50.24% | +50.24 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 9 | $236.5M | THE CIGNA GROUP, CHKP, CHECK POINT SOFTWARE TECH LT, STATE STR SPDR S&P 500 ETF T, SALESFORCE INC |
| Q1 2026 | 7 | $204.8M | THE CIGNA GROUP, CRM, CI, CHTR, STATE STR SPDR S&P 500 ETF T |
| Q4 2025Amended | 8 | $166.2M | THE CIGNA GROUP, CI, STATE STR SPDR S&P 500 ETF T, CHARTER COMMUNICATIONS INC N, FISERV INC |
| Q3 2025 | 9 | $201.7M | THE CIGNA GROUP, CI, STATE STR SPDR S&P 500 ETF T, FISERV INC, FISV |
| Q2 2025 | 5 | $127.0M | THE CIGNA GROUP, CI, JPM, MAGN, CRON |
| Q1 2025 | 3 | $119.2M | THE CIGNA GROUP, CI, JPM |
| Q4 2024 | 7 | $275.7M | CI, VISA INC, BNY, JPM, JPMORGAN CHASE & CO |
| Q3 2024 | 10 | $228.5M | V, BNY, VISA INC, JPM, STATE STR SPDR S&P 500 ETF T |
| Q2 2024 | 7 | $166.6M | STT, BNY, JPM, CHKP, STATE STR CORP |
| Q1 2024 | 7 | $120.3M | BNY, JPM, STATE STR CORP, CHKP, STT |