Tejara Capital Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Tejara Capital Ltd reported 61 stock positions worth $240.6 million. Its top holding was Diversified Energy (DEC) at 12.1% of the portfolio, followed by Golar LNG (GLNG, 5.7%) and Seadrill (SDRL, 5.3%). Compared with Q3 2025, it opened 27 new positions, sold out of 12, added to 23 and reduced 9. The biggest buy was a new position in Dnow (DNOW) and the biggest sale an exit from Arcutis Biotherapeutics (ARQT).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001879713
- Portfolio Value
- $240.6M (Q4 2025)
- SEC Filing
- 0001214659-26-001213 ↗ filed Feb 5, 2026
Holdings Value
Holdings 61 stocks · $240.6M
| DEC Diversified Energy Co. | 12.09% | 2,007,882 | $29.1M | Add +2.8% |
| GLNG Golar LNG Ltd. | 5.71% | 369,026 | $13.7M | Add +87.8% |
| SDRL Seadrill Limited | 5.29% | 367,868 | $12.7M | Add +100.7% |
| NE Noble Corp. PLC | 4.09% | 348,648 | $9.8M | Add +26.3% |
| MRVI Maravai Lifesciences Hldgs-A | 4.08% | 3,020,209 | $9.8M | Add +23.1% |
| TFX Teleflex Inc. | 3.94% | 77,700 | $9.5M | Add +871.3% |
| ESTA Establishment Labs Holdings | 3.80% | 125,294 | $9.1M | Add +22.3% |
| DNOW Dnow Inc. | 3.78% | 685,617 | $9.1M | New |
| CNR Core Natural Resources Inc. | 3.38% | 91,883 | $8.1M | Reduce -27.4% |
| VTRS Viatris Inc. | 3.07% | 593,220 | $7.4M | Add +40.4% |
| HRTX Heron Therapeutics Inc. | 2.77% | 5,131,426 | $6.7M | Add +11.8% |
| SLB SLB Ltd. filed as SLB LIMITED | 2.77% | 173,459 | $6.7M | Add +25.0% |
| QDEL Quidelortho Corp. | 2.47% | 208,327 | $5.9M | Add +97.2% |
| STNG Scorpio Tankers Inc. | 2.34% | 110,738 | $5.6M | Add +453.7% |
| PTEN Patterson-Uti Energy Inc. | 2.26% | 890,493 | $5.4M | Add +60.5% |
| EVH Evolent Health Inc. Class A | 2.21% | 1,331,441 | $5.3M | New |
| CRDL Cardiol Therapeutics Inc. Class A | 2.03% | 5,130,122 | $4.9M | Add +95.0% |
| AR Antero Resources Corp. | 2.00% | 139,900 | $4.8M | Add +251.5% |
| NOV Nov Inc. | 1.93% | 296,399 | $4.6M | Reduce -55.8% |
| OVV Ovintiv Inc. | 1.66% | 101,700 | $4.0M | New |
| GEO The Geo Group Inc. | 1.56% | 232,700 | $3.8M | New |
| BORR Borr Drilling Ltd. | 1.55% | 926,398 | $3.7M | Reduce -39.0% |
| UNH Unitedhealth Group Inc. | 1.47% | 10,680 | $3.5M | New |
| EXE Expand Energy Corp. | 1.43% | 31,200 | $3.4M | Add +52.9% |
| CERT Certara Inc. | 1.40% | 381,552 | $3.4M | Add +39.7% |
| MAN Manpowergroup Inc. | 1.29% | 104,100 | $3.1M | New |
| TALO Talos Energy Inc. | 1.21% | 264,100 | $2.9M | New |
| ALIT Alight Inc. Class A | 1.11% | 1,367,529 | $2.7M | Add +208.5% |
| MHK Mohawk Industries Inc. | 1.04% | 23,000 | $2.5M | New |
| TDW Tidewater Inc. | 0.94% | 44,600 | $2.3M | Add +127.5% |
| SDGR Schrodinger Inc. | 0.90% | 121,697 | $2.2M | Reduce -6.2% |
| SSYS Stratasys Ltd. | 0.90% | 250,000 | $2.2M | New |
| IART Integra Lifesciences Holding | 0.89% | 171,813 | $2.1M | Add +42.6% |
| FIS Fidelity National Info Serv | 0.69% | 25,111 | $1.7M | New |
| IT Gartner Inc. | 0.67% | 6,400 | $1.6M | New |
| RNW Renew Energy Global PLC-A | 0.65% | 274,800 | $1.6M | New |
| CC The Chemours Co. | 0.61% | 125,300 | $1.5M | New |
| NBR Nabors Industries Ltd. | 0.61% | 26,941 | $1.5M | Reduce -60.0% |
| LYB Lyondellbasell Indu Class A | 0.59% | 32,900 | $1.4M | New |
| VIR Vir Biotechnology Inc. | 0.58% | 231,246 | $1.4M | Reduce -10.0% |
| CSANY Cosan SA -ADR | 0.58% | 351,000 | $1.4M | New |
| SAM Boston Beer Company Inc. Class A | 0.56% | 6,900 | $1.3M | New |
| FOUR SHIFT4 Payments Inc. Class A | 0.56% | 21,200 | $1.3M | New |
| RHI Robert Half Inc. | 0.52% | 45,700 | $1.2M | New |
| FIP Ftai Infrastructure Inc. | 0.50% | 259,146 | $1.2M | Add +10.1% |
| NFE New Fortress Energy Inc. | 0.48% | 1,019,696 | $1.2M | Reduce -1.0% |
| TDOC Teladoc Health Inc. | 0.46% | 159,200 | $1.1M | New |
| OPK Opko Health Inc. | 0.46% | 877,941 | $1.1M | No change |
| FET Forum Energy Technologies Inc. | 0.46% | 29,793 | $1.1M | Reduce -81.3% |
| TNET Trinet Group Inc. | 0.44% | 18,000 | $1.1M | New |
| BDX Becton Dickinson and Co. | 0.44% | 5,400 | $1.0M | New |
| QURE Uniqure NV | 0.42% | 42,000 | $1.0M | New |
| HUM Humana Inc. | 0.41% | 3,880 | $994K | Reduce -46.1% |
| KLC Kindercare Learning Cos Inc. | 0.39% | 214,646 | $927K | New |
| MREO Mereo Biopharma Group PL-ADR | 0.37% | 2,159,681 | $900K | Add +13.3% |
| TXMD Therapeuticsmd Inc. | 0.24% | 350,852 | $572K | Add +1.9% |
| CRK Comstock Resources Inc. | 0.22% | 23,200 | $538K | New |
| CMCSA Comcast Corp. Class A | 0.21% | 17,100 | $511K | New |
| FND Floor & Decor Holdings Inc. Class A | 0.20% | 7,900 | $481K | New |
| ECOR Electrocore Inc. | 0.19% | 100,378 | $450K | New |
| OFIX Orthofix Medical Inc. | 0.14% | 21,820 | $331K | No change |
Options reported separately and not counted above: QQQ puts ($184.3M).
Portfolio Sells Q3 2025 → Q4 2025
| ARQT Arcutis Biotherapeutics Inc. | Sold out | 0.00% | −5.38 |
| ROIV Roivant Sciences Ltd. | Sold out | 0.00% | −4.20 |
| VAL Valaris Ltd. | Sold out | 0.00% | −2.95 |
| NOV Nov Inc. | Reduce -55.8% | 1.93% | −2.94 |
| CNR Core Natural Resources Inc. | Reduce -27.4% | 3.38% | −2.41 |
| REKR Rekor Systems Inc. | Sold out | 0.00% | −2.19 |
| FET Forum Energy Technologies Inc. | Reduce -81.3% | 0.46% | −1.87 |
| HAL Halliburton Co. | Sold out | 0.00% | −1.81 |
| NXE Nexgen Energy Ltd. | Sold out | 0.00% | −1.70 |
| RIG Transocean Ltd. | Sold out | 0.00% | −1.52 |
| NBR Nabors Industries Ltd. | Reduce -60.0% | 0.61% | −0.90 |
| ZYME Zymeworks Inc. | Sold out | 0.00% | −0.80 |
| NFE New Fortress Energy Inc. | Reduce -1.0% | 0.48% | −0.76 |
| SCPH Scpharmaceuticals Inc. | Sold out | 0.00% | −0.76 |
| BORR Borr Drilling Ltd. | Reduce -39.0% | 1.55% | −0.69 |
| HUM Humana Inc. | Reduce -46.1% | 0.41% | −0.61 |
| SDGR Schrodinger Inc. | Reduce -6.2% | 0.90% | −0.52 |
| AKAM Akamai Technologies Inc. | Sold out | 0.00% | −0.27 |
| VIR Vir Biotechnology Inc. | Reduce -10.0% | 0.58% | −0.22 |
| TRVI Trevi Therapeutics Inc. | Sold out | 0.00% | −0.19 |
| DTIL Precision Biosciences Inc. | Sold out | 0.00% | −0.18 |
Portfolio Buys Q3 2025 → Q4 2025
| DNOW Dnow Inc. | New | 3.78% | +3.78 |
| TFX Teleflex Inc. | Add +871.3% | 3.94% | +3.41 |
| SDRL Seadrill Limited | Add +100.7% | 5.29% | +2.26 |
| EVH Evolent Health Inc. Class A | New | 2.21% | +2.21 |
| STNG Scorpio Tankers Inc. | Add +453.7% | 2.34% | +1.73 |
| OVV Ovintiv Inc. | New | 1.66% | +1.66 |
| GEO The Geo Group Inc. | New | 1.56% | +1.56 |
| ESTA Establishment Labs Holdings | Add +22.3% | 3.80% | +1.49 |
| UNH Unitedhealth Group Inc. | New | 1.47% | +1.47 |
| GLNG Golar LNG Ltd. | Add +87.8% | 5.71% | +1.35 |
| MAN Manpowergroup Inc. | New | 1.29% | +1.29 |
| AR Antero Resources Corp. | Add +251.5% | 2.00% | +1.27 |
| TALO Talos Energy Inc. | New | 1.21% | +1.21 |
| MHK Mohawk Industries Inc. | New | 1.04% | +1.04 |
| SSYS Stratasys Ltd. | New | 0.90% | +0.90 |
| VTRS Viatris Inc. | Add +40.4% | 3.07% | +0.78 |
| QDEL Quidelortho Corp. | Add +97.2% | 2.47% | +0.77 |
| FIS Fidelity National Info Serv | New | 0.69% | +0.69 |
| PTEN Patterson-Uti Energy Inc. | Add +60.5% | 2.26% | +0.69 |
| IT Gartner Inc. | New | 0.67% | +0.67 |
| RNW Renew Energy Global PLC-A | New | 0.65% | +0.65 |
| CC The Chemours Co. | New | 0.61% | +0.61 |
| LYB Lyondellbasell Indu Class A | New | 0.59% | +0.59 |
| CSANY Cosan SA -ADR | New | 0.58% | +0.58 |
| SAM Boston Beer Company Inc. Class A | New | 0.56% | +0.56 |
| FOUR SHIFT4 Payments Inc. Class A | New | 0.56% | +0.56 |
| RHI Robert Half Inc. | New | 0.52% | +0.52 |
| CRDL Cardiol Therapeutics Inc. Class A | Add +95.0% | 2.03% | +0.49 |
| TDOC Teladoc Health Inc. | New | 0.46% | +0.46 |
| TNET Trinet Group Inc. | New | 0.44% | +0.44 |
| BDX Becton Dickinson and Co. | New | 0.44% | +0.44 |
| QURE Uniqure NV | New | 0.42% | +0.42 |
| KLC Kindercare Learning Cos Inc. | New | 0.39% | +0.39 |
| TDW Tidewater Inc. | Add +127.5% | 0.94% | +0.36 |
| ALIT Alight Inc. Class A | Add +208.5% | 1.11% | +0.32 |
| EXE Expand Energy Corp. | Add +52.9% | 1.43% | +0.24 |
| CRK Comstock Resources Inc. | New | 0.22% | +0.22 |
| MRVI Maravai Lifesciences Hldgs-A | Add +23.1% | 4.08% | +0.22 |
| CMCSA Comcast Corp. Class A | New | 0.21% | +0.21 |
| FND Floor & Decor Holdings Inc. Class A | New | 0.20% | +0.20 |
| ECOR Electrocore Inc. | New | 0.19% | +0.19 |
| SLB SLB Ltd. | Add +25.0% | 2.77% | +0.15 |
| TXMD Therapeuticsmd Inc. | Add +1.9% | 0.24% | +0.03 |
| IART Integra Lifesciences Holding | Add +42.6% | 0.89% | −0.06 |
| FIP Ftai Infrastructure Inc. | Add +10.1% | 0.50% | −0.07 |
| NE Noble Corp. PLC | Add +26.3% | 4.09% | −0.19 |
| HRTX Heron Therapeutics Inc. | Add +11.8% | 2.77% | −0.40 |
| CERT Certara Inc. | Add +39.7% | 1.40% | −0.43 |
| MREO Mereo Biopharma Group PL-ADR | Add +13.3% | 0.37% | −1.78 |
| DEC Diversified Energy Co. | Add +2.8% | 12.09% | −2.92 |
Options Activity Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | put | New | 300,000 | $184.3M |
| NVDA Nvidia Corp. | put | Sold out | 50,000 | $9.3Mbefore exit |
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 |