Tejara Capital Ltd
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Tejara Capital Ltd reported 46 stock positions worth $182.4 million. Its top holding was Diversified Energy (DEC) at 15.0% of the portfolio, followed by Core Natural Resources (CNR, 5.8%) and Arcutis Biotherapeutics (ARQT, 5.4%). Compared with Q2 2025, it opened 6 new positions, sold out of 30, added to 17 and reduced 23. The biggest buy was SLB (SLB, shares +401%) and the biggest sale an exit from National Energy Services Reu (NESR).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001879713
- Portfolio Value
- $182.4M (Q3 2025)
- SEC Filing
- 0001214659-25-015819 ↗ filed Nov 4, 2025
Holdings Value
Holdings 46 stocks · $182.4M
| DEC Diversified Energy Co. PLC | 15.00% | 1,952,906 | $27.4M | Add +2.5% |
| CNR Core Natural Resources Inc. | 5.79% | 126,589 | $10.6M | Add +0.3% |
| ARQT Arcutis Biotherapeutics Inc. | 5.38% | 520,503 | $9.8M | Reduce -40.4% |
| NOV Nov Inc. | 4.87% | 670,199 | $8.9M | Add +33.1% |
| GLNG Golar LNG Ltd. | 4.35% | 196,526 | $7.9M | Add +44.0% |
| NE Noble Corp. PLC | 4.28% | 276,148 | $7.8M | Reduce -15.3% |
| ROIV Roivant Sciences Ltd. | 4.20% | 506,095 | $7.7M | Add +9.3% |
| MRVI Maravai Lifesciences Hldgs-A | 3.86% | 2,453,441 | $7.0M | Add +26.4% |
| HRTX Heron Therapeutics Inc. | 3.17% | 4,589,715 | $5.8M | Add +1.6% |
| SDRL Seadrill Limited | 3.04% | 183,252 | $5.5M | Reduce -17.2% |
| VAL Valaris Ltd. | 2.95% | 110,392 | $5.4M | Reduce -9.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 2.62% | 138,759 | $4.8M | Add +400.9% |
| FET Forum Energy Technologies Inc. | 2.33% | 158,989 | $4.2M | Reduce -11.2% |
| ESTA Establishment Labs Holdings | 2.30% | 102,494 | $4.2M | Add +31.2% |
| VTRS Viatris Inc. | 2.29% | 422,620 | $4.2M | Reduce -6.8% |
| BORR Borr Drilling Ltd. | 2.24% | 1,518,261 | $4.1M | Add +56.5% |
| REKR Rekor Systems Inc. | 2.19% | 2,548,950 | $4.0M | Reduce -12.2% |
| MREO Mereo Biopharma Group PL-ADR | 2.15% | 1,906,844 | $3.9M | Reduce -21.5% |
| CERT Certara Inc. | 1.83% | 273,052 | $3.3M | Add +94.9% |
| HAL Halliburton Co. | 1.81% | 134,365 | $3.3M | Add +98.8% |
| QDEL Quidelortho Corp. | 1.71% | 105,627 | $3.1M | Add +20.8% |
| NXE Nexgen Energy Ltd. | 1.70% | 345,425 | $3.1M | Reduce -10.4% |
| PTEN Patterson-Uti Energy Inc. | 1.58% | 554,993 | $2.9M | Add +65.1% |
| CRDL Cardiol Therapeutics Inc. Class A | 1.54% | 2,630,122 | $2.8M | Reduce -19.5% |
| RIG Transocean Ltd. | 1.52% | 889,066 | $2.8M | Reduce -46.2% |
| NBR Nabors Industries Ltd. | 1.51% | 67,329 | $2.8M | Reduce -20.8% |
| SDGR Schrodinger Inc. | 1.43% | 129,697 | $2.6M | Reduce -20.2% |
| NFE New Fortress Energy Inc. | 1.25% | 1,029,696 | $2.3M | Reduce -0.3% |
| EXE Expand Energy Corp. | 1.19% | 20,400 | $2.2M | New |
| HUM Humana Inc. | 1.03% | 7,200 | $1.9M | New |
| IART Integra Lifesciences Holding | 0.95% | 120,513 | $1.7M | Reduce -6.1% |
| VIR Vir Biotechnology Inc. | 0.80% | 256,939 | $1.5M | Reduce -0.6% |
| ZYME Zymeworks Inc. | 0.80% | 85,163 | $1.5M | Reduce -57.5% |
| ALIT Alight Inc. Class A | 0.79% | 443,329 | $1.4M | Add +37.8% |
| SCPH Scpharmaceuticals Inc. | 0.76% | 245,209 | $1.4M | Reduce -50.7% |
| OPK Opko Health Inc. | 0.75% | 877,941 | $1.4M | Reduce -7.2% |
| AR Antero Resources Corp. | 0.73% | 39,800 | $1.3M | New |
| STNG Scorpio Tankers Inc. | 0.61% | 20,000 | $1.1M | Add +33.3% |
| TDW Tidewater Inc. | 0.57% | 19,600 | $1.0M | New |
| FIP Ftai Infrastructure Inc. | 0.56% | 235,345 | $1.0M | Add +31.3% |
| TFX Teleflex Inc. | 0.54% | 8,000 | $979K | New |
| AKAM Akamai Technologies Inc. | 0.27% | 6,500 | $492K | New |
| TXMD Therapeuticsmd Inc. | 0.20% | 344,203 | $370K | Reduce -0.0% |
| TRVI Trevi Therapeutics Inc. | 0.19% | 37,200 | $340K | Reduce -88.6% |
| DTIL Precision Biosciences Inc. | 0.18% | 58,752 | $324K | Reduce -0.2% |
| OFIX Orthofix Medical Inc. | 0.18% | 21,820 | $319K | Reduce -40.0% |
Options reported separately and not counted above: NVDA puts ($9.3M).
Portfolio Sells Q2 2025 → Q3 2025
| NESR National Energy Services Reu | Sold out | 0.00% | −2.11 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −2.04 |
| WFRD Weatherford International PL | Sold out | 0.00% | −1.80 |
| ALB Albemarle Corp. | Sold out | 0.00% | −1.79 |
| COLL Collegium Pharmaceutical Inc. | Sold out | 0.00% | −1.47 |
| FTAI Ftai Aviation Ltd. | Sold out | 0.00% | −1.41 |
| RNW Renew Energy Global PLC-A | Sold out | 0.00% | −1.32 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.93 |
| MREO Mereo Biopharma Group PL-ADR | Reduce -21.5% | 2.15% | −0.90 |
| SSYS Stratasys Ltd. | Sold out | 0.00% | −0.88 |
| VKTX Viking Therapeutics Inc. | Sold out | 0.00% | −0.84 |
| PROSHARES ULTRA BLOOMBERG NA | Sold out | 0.00% | −0.81 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.76 |
| INDV Indivior Ltd. | Sold out | 0.00% | −0.66 |
| TRVI Trevi Therapeutics Inc. | Reduce -88.6% | 0.19% | −0.64 |
| IMVT Immunovant Inc. | Sold out | 0.00% | −0.63 |
| TEVA Teva Pharmaceutical-SP ADR | Sold out | 0.00% | −0.61 |
| CVE Cenovus Energy Inc. | Sold out | 0.00% | −0.61 |
| CRDL Cardiol Therapeutics Inc. Class A | Reduce -19.5% | 1.54% | −0.52 |
| MHK Mohawk Industries Inc. | Sold out | 0.00% | −0.47 |
| RIG Transocean Ltd. | Reduce -46.2% | 1.52% | −0.46 |
| MNST Monster Beverage Corp. | Sold out | 0.00% | −0.46 |
| BP BP PLC-Spons ADR | Sold out | 0.00% | −0.46 |
| CGON CG Oncology Inc. | Sold out | 0.00% | −0.44 |
| ZYME Zymeworks Inc. | Reduce -57.5% | 0.80% | −0.37 |
| NFE New Fortress Energy Inc. | Reduce -0.3% | 1.25% | −0.34 |
| JANX Janux Therapeutics Inc. | Sold out | 0.00% | −0.32 |
| ARQT Arcutis Biotherapeutics Inc. | Reduce -40.4% | 5.38% | −0.30 |
| BTU Peabody Energy Corp. | Sold out | 0.00% | −0.29 |
| DNN Denison Mines Corp. | Sold out | 0.00% | −0.29 |
| CYTK Cytokinetics Inc. | Sold out | 0.00% | −0.28 |
| HP Helmerich & Payne | Sold out | 0.00% | −0.27 |
| URG Ur-Energy Inc. | Sold out | 0.00% | −0.27 |
| CHRS Coherus Oncology Inc. | Sold out | 0.00% | −0.24 |
| BRY Berry Corp. | Sold out | 0.00% | −0.22 |
| GPCR Structure Therapeutics Inc. | Sold out | 0.00% | −0.22 |
| SCPH Scpharmaceuticals Inc. | Reduce -50.7% | 0.76% | −0.12 |
| MSOS Advisorshares Pure US Cann | Sold out | 0.00% | −0.11 |
| SDGR Schrodinger Inc. | Reduce -20.2% | 1.43% | −0.09 |
| OFIX Orthofix Medical Inc. | Reduce -40.0% | 0.18% | −0.01 |
| TXMD Therapeuticsmd Inc. | Reduce -0.0% | 0.20% | +0.02 |
| DTIL Precision Biosciences Inc. | Reduce -0.2% | 0.18% | +0.06 |
| OPK Opko Health Inc. | Reduce -7.2% | 0.75% | +0.17 |
| VIR Vir Biotechnology Inc. | Reduce -0.6% | 0.80% | +0.20 |
| IART Integra Lifesciences Holding | Reduce -6.1% | 0.95% | +0.22 |
| NE Noble Corp. PLC | Reduce -15.3% | 4.28% | +0.27 |
| SDRL Seadrill Limited | Reduce -17.2% | 3.04% | +0.34 |
| NBR Nabors Industries Ltd. | Reduce -20.8% | 1.51% | +0.41 |
| VTRS Viatris Inc. | Reduce -6.8% | 2.29% | +0.42 |
| NXE Nexgen Energy Ltd. | Reduce -10.4% | 1.70% | +0.46 |
Portfolio Buys Q2 2025 → Q3 2025
| SLB SLB Ltd. | Add +400.9% | 2.62% | +2.18 |
| DEC Diversified Energy Co. PLC | Add +2.5% | 15.00% | +2.05 |
| NOV Nov Inc. | Add +33.1% | 4.87% | +1.97 |
| ROIV Roivant Sciences Ltd. | Add +9.3% | 4.20% | +1.78 |
| GLNG Golar LNG Ltd. | Add +44.0% | 4.35% | +1.75 |
| CNR Core Natural Resources Inc. | Add +0.3% | 5.79% | +1.71 |
| MRVI Maravai Lifesciences Hldgs-A | Add +26.4% | 3.86% | +1.69 |
| BORR Borr Drilling Ltd. | Add +56.5% | 2.24% | +1.42 |
| EXE Expand Energy Corp. | New | 1.19% | +1.19 |
| HAL Halliburton Co. | Add +98.8% | 1.81% | +1.17 |
| CERT Certara Inc. | Add +94.9% | 1.83% | +1.07 |
| HUM Humana Inc. | New | 1.03% | +1.03 |
| ESTA Establishment Labs Holdings | Add +31.2% | 2.30% | +0.76 |
| AR Antero Resources Corp. | New | 0.73% | +0.73 |
| PTEN Patterson-Uti Energy Inc. | Add +65.1% | 1.58% | +0.65 |
| TDW Tidewater Inc. | New | 0.57% | +0.57 |
| QDEL Quidelortho Corp. | Add +20.8% | 1.71% | +0.54 |
| TFX Teleflex Inc. | New | 0.54% | +0.54 |
| STNG Scorpio Tankers Inc. | Add +33.3% | 0.61% | +0.34 |
| AKAM Akamai Technologies Inc. | New | 0.27% | +0.27 |
| FIP Ftai Infrastructure Inc. | Add +31.3% | 0.56% | +0.05 |
| ALIT Alight Inc. Class A | Add +37.8% | 0.79% | −0.05 |
| HRTX Heron Therapeutics Inc. | Add +1.6% | 3.17% | −1.16 |
Options Activity Q2 2025 → Q3 2025
| NVDA Nvidia Corp. | put | New | 50,000 | $9.3M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 66 | $243.3M | DEC, FIS, ESTA, AR, MRVI |
| Q1 2026 | 73 | $303.4M | DEC, ESTA, DNOW, TFX, GPN |
| Q4 2025 | 61 | $240.6M | DEC, GLNG, SDRL, NE, MRVI |
| Q3 2025 | 46 | $182.4M | DEC, CNR, ARQT, NOV, GLNG |
| Q2 2025 | 70 | $215.7M | DEC, ARQT, HRTX, CNR, NE |
| Q1 2025 | 74 | $202.9M | ARQT, HRTX, ROIV, NOV, NE |
| Q4 2024 | 54 | $152.6M | ARQT, ROIV, BORR, NOV, MREO |
| Q3 2024 | 55 | $209.6M | ROIV, MREO, ARQT, HRTX, STNG |
| Q2 2024 | 67 | $274.7M | ROIV, HRTX, ARQT, LBTYA, RIG |
| Q1 2024 | 72 | $270.0M | ROIV, STNG, HRTX, GLNG, NBR |