In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Tetragon Partners GP Ltd reported 13 stock positions worth $213.8 million . Its top holding was Uipath Class A (PATH) at 35.6% of the portfolio, followed by Autolus Therapeutics (AUTL, 13.0% ) and Kolibri Global Energy (KGEI, 11.8% ). Compared with Q1 2024, it opened 2 new positions and added to 5. The biggest buy was Uipath Class A (PATH, shares +140% ).
Location GRAND CAYMAN, E9
CIK 0001515070
Portfolio Value $213.8M (Q2 2024) Holdings 13 stocks · $213.8M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 PATH Uipath Inc. Class A 6,000,000 $76.1M Add +140.0% AUTL Autolus Therapeutics PLC 8,000,000 $27.8M Add +6.3% KGEI Kolibri Global Energy Inc. 7,070,568 $25.2M No change CXM Sprinklr Inc. Class A 2,200,000 $21.2M No change BALY Bally's Corp. 1,500,000 $18.0M No change LYFT LYFT Inc. Class A 1,000,000 $14.1M Add +66.7% TARS Tarsus Pharmaceuticals Inc. 500,000 $13.6M Add +11.1% HYG Ishr Ibx Usd Hiyld CB ETF-Ui 108,959 $8.4M Add +40.0% ANNX Annexon Inc. 1,257,985 $6.2M New SNOW Snowflake Inc. 10,000 $1.4M No change TECK Teck Resources Ltd.-CLS B 25,487 $1.2M No change OTLY Oatly Group AB 373,800 $351K No change ALMS Alumis Inc. 24,350 $324K New
Options reported separately and not counted above: HYG puts ($75.5M), MPT calls ($2.8M).
Other holdings (13): bonds, preferreds, convertibles and warrants · $108.8M (not counted above) Security Class Shares / Principal Value Change FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) NOTE 0.375% 1/1 · principal 38,420,000 $31.9M Add +4.1% LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) NOTE 1.750% 1/1 · principal 28,309,000 $21.6M Reduce -9.6% CYTOKINETICS INC (CYTK 3.5 07/01/27) NOTE 3.500% 7/0 · principal 15,000,000 $19.9M Reduce -25.0% SSR MINING INC (SSRMCN 2.5 04/01/39) NOTE 2.500% 4/0 · principal 13,500,000 $12.0M No change OATLY GROUP AB (OTLY 9.25 09/14/28) NOTE 9.250% 9/1 · principal 14,489,602 $10.6M New MARCUS CORPORATION (MCS 5 09/15/25) NOTE 5.000% 9/1 · principal 8,000,000 $9.6M Add +60.0% NE.WS Noble Corp. PLC-28 *W EXP 02/04/202 45,691 $1.1M No change CUTERA INC (CUTR 4 06/01/29) NOTE 4.000% 6/0 · principal 5,019,000 $970K No change CUTERA INC (CUTR 2.25 06/01/28) NOTE 2.250% 6/0 · principal 4,000,000 $808K Reduce -70.4% DSX.WS Diana Shipping Inc.-28 *W EXP 12/14/202 300,200 $171K Add +280.6% HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 46,400 $114K Add +0.4% BLUAW Blueriver Acquisit A -CW26 *W EXP 01/04/202 16,639 $251 No change SONWQ Gores Metropoulos II -CW28 *W EXP 01/18/202 18,898 $212 No change
Total filed on the 13F, all lines: $322.6M.
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ None this quarter.
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ PATH Uipath Inc. Class A Add +140.0% 35.59% +8.85 ANNX Annexon Inc. New 2.88% +2.88 LYFT LYFT Inc. Class A Add +66.7% 6.60% +1.12 HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +40.0% 3.93% +1.08 ALMS Alumis Inc. New 0.15% +0.15 TARS Tarsus Pharmaceuticals Inc. Add +11.1% 6.36% −1.36 AUTL Autolus Therapeutics PLC Add +6.3% 13.02% −9.63
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Reduce -2.1% 979,200 $75.5M MPT Medical Properties Trust Inc. call New 640,600 $2.8M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024 Security Class Change vs Q1 2024 Shares / Principal Value ▼ FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) NOTE 0.375% 1/1 · principal Add +4.1% 38,420,000 $31.9M LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) NOTE 1.750% 1/1 · principal Reduce -9.6% 28,309,000 $21.6M CYTOKINETICS INC (CYTK 3.5 07/01/27) NOTE 3.500% 7/0 · principal Reduce -25.0% 15,000,000 $19.9M NCL CORPORATION LTD (NCLH 6 05/15/24) NOTE 6.000% 5/1 · principal Sold out 12,062,000 $18.7Mbefore exit EAGLE BULK SHIPPING INC (EGLE 5 08/01/24) NOTE 5.000% 8/0 · principal Sold out 7,031,000 $14.0Mbefore exit OATLY GROUP AB (OTLY 9.25 09/14/28) NOTE 9.250% 9/1 · principal New 14,489,602 $10.6M MARCUS CORPORATION (MCS 5 09/15/25) NOTE 5.000% 9/1 · principal Add +60.0% 8,000,000 $9.6M ATI INC (ATI 3.5 06/15/25) NOTE 3.500% 6/1 · principal Sold out 1,750,000 $5.8Mbefore exit PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) NOTE 1.000% 4/1 · principal Sold out 2,500,000 $2.6Mbefore exit CUTERA INC (CUTR 2.25 06/01/28) NOTE 2.250% 6/0 · principal Reduce -70.4% 4,000,000 $808K DSX.WS Diana Shipping Inc.-28 *W EXP 12/14/202 Add +280.6% 300,200 $171K HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 Add +0.4% 46,400 $114K JWSWF Jaws Mustang Acq C -CW26 *W EXP 01/30/202 Sold out 24,121 $5Kbefore exit SLMWF Slam Corp.-A -CW27 *W EXP 99/99/999 Sold out 25,020 $5Kbefore exit
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 32 $614.3M PATH, KGEI, AUTL, LYFT, DFTX Q1 2026 34 $508.9M PATH, KGEI, WBD, WK, LYFT Q4 2025 28 $474.3M PATH, KGEI, LYFT, AUTL, CXM Q3 2025 34 $414.0M PATH, KGEI, LYFT, CXM, AUTL Q2 2025 27 $354.0M PATH, KGEI, AUTL, CXM, LYFT Q1 2025 23 $254.6M PATH, KGEI, CXM, INFA, AUTL Q4 2024 Amended 17 $234.4M PATH, KGEI, AUTL, CXM, INFA Q3 2024 13 $222.3M PATH, AUTL, KGEI, TARS, CXM Q2 2024 13 $213.8M PATH, AUTL, KGEI, CXM, BALY Q1 2024 11 $211.9M PATH, AUTL, CXM, KGEI, BALY