In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), TIG Advisors, LLC reported 34 stock positions worth $857.5 million . Its top holding was United States Steel (X) at 20.1% of the portfolio, followed by Pioneer Natural Resources (PXD, 10.1% ) and Endeavor Group Hold Class A (EDR, 9.9% ). Compared with Q4 2023, it opened 22 new positions, sold out of 16, added to 6 and reduced 6. The biggest buy was Hess (HES, shares +1187% ) and the biggest sale an exit from Splunk (SPLK).
Location New York, NY
CIK 0001358253
Portfolio Value $857.5M (Q1 2024) Holdings 34 stocks · $857.5M 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 Q4 2023 X United States Steel Corp. 4,235,426 $172.7M Add +51.8% PXD Pioneer Natural Resources Co. 328,841 $86.3M Add +49.8% EDR Endeavor Group Hold Class A 3,289,141 $84.6M Add +150.7% ANSS Ansys Inc. 220,273 $76.5M Add +105.0% HES Hess Corp. 460,807 $70.3M Add +1186.8% M Macy's Inc. 2,735,739 $54.7M Add +5332.9% TCN Tricon Residential Inc. 4,304,126 $48.0M New SWAV Shockwave Medical Inc. 130,744 $42.6M New ACI Albertsons Cos Inc. Class A 1,611,945 $34.6M Reduce -5.7% FUSN Fusion Pharmaceuticals Inc. 1,003,628 $21.4M New NVEI Nuvei Corp.-Subordinate VTG 657,712 $20.8M New SP SP Plus Corp. 394,644 $20.6M New SPR Spirit Aerosystems Hold Class A 449,574 $16.2M New CPRI Capri Holdings Ltd. 335,244 $15.2M Reduce -82.0% RCM R1 RCM Inc. 984,413 $12.7M New JNPR Juniper Networks Inc. 331,859 $12.3M New COF Capital One Financial Corp. 78,773 $11.7M New INHIBRX INC 333,988 $11.7M New SNPS Synopsys Inc. 17,559 $10.0M New DOOR Masonite International Corp. 50,960 $6.7M New CVX Chevron Corp. 39,560 $6.2M Reduce -71.3% EQT Eqt Corp. 137,281 $5.1M New M D C HLDGS INC 58,807 $3.7M New WRK Westrock Co. 42,203 $2.1M Reduce -43.7% OLK Olink Holding AB - ADR 83,940 $2.0M Reduce -78.3% GLD SPDR Gold Shares 8,477 $1.7M Reduce -10.0% EVBG Everbridge Inc. 49,790 $1.7M New VSTO Vista Outdoor Inc. 35,250 $1.2M New CERE Cerevel Therapeutics Holding 22,896 $968K New DFS Discover Financial Services 6,645 $871K New VZIO Vizio Holding Corp. Class A 74,739 $818K New BALY Bally's Corp. 49,752 $694K New TMO Thermo Fisher Scientific Inc. 1,000 $581K New GIL Gildan Activewear Inc. 5,576 $207K New
Options reported separately and not counted above: X puts ($76.8M), FUSN puts ($19.5M), M puts ($18.1M), EDR puts ($15.7M), NVEI puts ($11.9M), SYF puts ($10.8M), ACI puts ($10.7M), ITCI calls ($3.5M), RCM puts ($2.7M), SNPS calls ($1.4M), MOR calls ($1.2M), VZIO calls ($1.1M), and 2 more.
Portfolio Sells Q4 2023 → Q1 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 Q4 2023 % Of Portfolio Change To Portfolio ▲ SPLK Splunk Inc. Sold out 0.00% −12.30 CPRI Capri Holdings Ltd. Reduce -82.0% 1.77% −12.27 IMGN Immunogen Inc. Sold out 0.00% −10.29 CLF Cleveland-Cliffs Inc. Sold out 0.00% −5.51 CVX Chevron Corp. Reduce -71.3% 0.73% −2.36 GRCL Gracell Biotechnologies-ADR Sold out 0.00% −1.93 ACI Albertsons Cos Inc. Class A Reduce -5.7% 4.03% −1.86 SIMO Silicon Motion Technol-ADR Sold out 0.00% −1.80 OLK Olink Holding AB - ADR Reduce -78.3% 0.23% −1.23 ICVX Icosavax Inc. Sold out 0.00% −1.20 SGML Sigma Lithium Corp. Sold out 0.00% −1.15 KRTX Karuna Therapeutics Inc. Sold out 0.00% −0.31 SOVO Sovos Brands Inc. Sold out 0.00% −0.31 WRK Westrock Co. Reduce -43.7% 0.24% −0.22 NUE Nucor Corp. Sold out 0.00% −0.18 CYTK Cytokinetics Inc. Sold out 0.00% −0.16 APLS Apellis Pharmaceuticals Inc. Sold out 0.00% −0.15 PGTI PGT Innovations Inc. Sold out 0.00% −0.12 MANU Manchester United PLC Class A Sold out 0.00% −0.09 GLD SPDR Gold Shares Reduce -10.0% 0.20% −0.07 CMBT CMB Tech NV Sold out 0.00% −0.05 QSI Quantum-Si Inc. Sold out 0.00% −0.02
Portfolio Buys Q4 2023 → Q1 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 Q4 2023 % Of Portfolio Change To Portfolio ▼ HES Hess Corp. Add +1186.8% 8.20% +7.43 M Macy's Inc. Add +5332.9% 6.38% +6.23 TCN Tricon Residential Inc. New 5.60% +5.60 EDR Endeavor Group Hold Class A Add +150.7% 9.87% +5.20 SWAV Shockwave Medical Inc. New 4.97% +4.97 ANSS Ansys Inc. Add +105.0% 8.92% +3.07 PXD Pioneer Natural Resources Co. Add +49.8% 10.07% +2.67 FUSN Fusion Pharmaceuticals Inc. New 2.50% +2.50 NVEI Nuvei Corp.-Subordinate VTG New 2.43% +2.43 SP SP Plus Corp. New 2.40% +2.40 SPR Spirit Aerosystems Hold Class A New 1.89% +1.89 RCM R1 RCM Inc. New 1.48% +1.48 JNPR Juniper Networks Inc. New 1.43% +1.43 COF Capital One Financial Corp. New 1.37% +1.37 INHIBRX INC New 1.36% +1.36 SNPS Synopsys Inc. New 1.17% +1.17 DOOR Masonite International Corp. New 0.78% +0.78 EQT Eqt Corp. New 0.59% +0.59 M D C HLDGS INC New 0.43% +0.43 EVBG Everbridge Inc. New 0.20% +0.20 VSTO Vista Outdoor Inc. New 0.13% +0.13 CERE Cerevel Therapeutics Holding New 0.11% +0.11 DFS Discover Financial Services New 0.10% +0.10 VZIO Vizio Holding Corp. Class A New 0.10% +0.10 BALY Bally's Corp. New 0.08% +0.08 TMO Thermo Fisher Scientific Inc. New 0.07% +0.07 GIL Gildan Activewear Inc. New 0.02% +0.02 X United States Steel Corp. Add +51.8% 20.14% −0.22
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ X United States Steel Corp. put Add +794.6% 1,884,100 $76.8M FUSN Fusion Pharmaceuticals Inc. put New 914,400 $19.5M M Macy's Inc. put Add +1714.2% 907,100 $18.1M EDR Endeavor Group Hold Class A put Reduce -25.5% 611,900 $15.7M ARGX Argenx SE - ADR call Sold out 37,600 $14.3Mbefore exit NBIX Neurocrine Biosciences Inc. call Sold out 92,100 $12.1Mbefore exit NVEI Nuvei Corp.-Subordinate VTG put New 376,600 $11.9M SYF Synchrony Financial put New 250,000 $10.8M ACI Albertsons Cos Inc. Class A put Add +1655.1% 500,200 $10.7M CYTK Cytokinetics Inc. put Sold out 122,500 $10.2Mbefore exit APLS Apellis Pharmaceuticals Inc. call Sold out 156,100 $9.3Mbefore exit ANSS Ansys Inc. put Sold out 20,900 $7.6Mbefore exit SAVEQ Spirit Airlines Inc. put Sold out 313,000 $5.1Mbefore exit BMRN Biomarin Pharmaceutical Inc. call Sold out 53,100 $5.1Mbefore exit CYTK Cytokinetics Inc. call Sold out 60,000 $5.0Mbefore exit ANSS Ansys Inc. call Sold out 13,000 $4.7Mbefore exit ITCI Intra-Cellular Therapies Inc. call Reduce -60.9% 50,500 $3.5M APLS Apellis Pharmaceuticals Inc. put Sold out 53,400 $3.2Mbefore exit XENE Xenon Pharmaceuticals Inc. call Sold out 64,200 $3.0Mbefore exit PFE Pfizer Inc. call Sold out 100,000 $2.9Mbefore exit RCM R1 RCM Inc. put New 206,300 $2.7M CLF Cleveland-Cliffs Inc. put Sold out 106,100 $2.2Mbefore exit SNPS Synopsys Inc. call New 2,500 $1.4M MOR Morphosys AG ADR call Reduce -73.6% 64,700 $1.2M VZIO Vizio Holding Corp. Class A call New 96,700 $1.1M EDR Endeavor Group Hold Class A call New 39,200 $1.0M MLTX Moonlake Immunotherapeutics call Reduce -95.2% 5,100 $256K
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 82 $2.2B SPYM, BLD, JHG, NSC, ROKU Q1 2026 90 $2.1B SPYM, CWAN, HOLX, WBD, JHG Q4 2025 57 $2.1B SPYM, WBD, RNAM, CYBR, SEE Q3 2025 60 $1.6B SPYM, CYBR, MRUS, K, EA Q2 2025 45 $1.8B SPYM, HES, SWTX, SKX, AMED Q1 2025 50 $1.5B BECN, K, ITCI, HES, AMED Q4 2024 45 $1.3B K, HES, SMAR, SUM, ANSS Q3 2024 39 $1.5B EDR, SRCL, JNPR, SQSP, NVEI Q2 2024 42 $1.2B EDR, X, HCP, CTLT, WRK Q1 2024 34 $857.5M X, PXD, EDR, ANSS, HES