TIG Advisors, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), TIG Advisors, LLC reported 90 stock positions worth $2.1 billion. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 21.8% of the portfolio, followed by Clearwater Analytics HDS-A (CWAN, 5.7%) and Hologic (HOLX, 4.8%). Compared with Q4 2025, it opened 49 new positions, sold out of 16, added to 11 and reduced 8. The biggest buy was a new position in Janus Henderson (JHG) and the biggest sale an exit from Avidity Biosciences (RNAM).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001358253
Portfolio Value
$2.1B (Q1 2026)
SEC Filing
0000919574-26-003504 ↗ filed May 15, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $857.5M Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.8B Q2 2025 Q3 2025: $1.6B Q3 2025 Q4 2025: $2.1B Q4 2025 Q1 2026: $2.1B $2.1B Q1 2026 Q2 2026: $2.2B Q2 2026

Holdings 90 stocks · $2.1B
SPYM Ste STR SPDR PT S&P 500 ETF 21.78% 5,960,514 $456.3M Add +0.2%
CWAN Clearwater Analytics HDS-A 5.66% 5,017,185 $118.7M Add +92.0%
HOLX Hologic Inc. 4.82% 1,335,117 $100.9M Add +11.7%
WBD Warner Bros Discovery Inc. 4.70% 3,583,369 $98.4M Reduce -23.6%
JHG Janus Henderson Group PLC 4.67% 1,906,107 $97.9M New
NSC Norfolk Southern Corp. 4.61% 336,198 $96.5M Add +53.0%
EA Electronic Arts Inc. 3.97% 407,900 $83.2M Add +2.5%
SEE Sealed Air Corp. 3.28% 1,632,875 $68.7M Reduce -27.8%
ACLX Arcellx Inc. 2.97% 541,378 $62.2M New
FOLD Amicus Therapeutics Inc. 2.64% 3,825,445 $55.3M Add +30.7%
SUNC Sunococorp LLC 2.46% 837,399 $51.6M Reduce -24.4%
APLS Apellis Pharmaceuticals Inc. 2.41% 1,252,986 $50.4M New
DBRG Digitalbridge Group Inc. 2.21% 2,997,650 $46.2M Add +14.1%
WBS Webster Financial Corp. 2.04% 614,990 $42.7M New
OS Onestream Inc. 1.99% 1,738,231 $41.7M New
SPY SS SPDR S&P 500 ETF Trust-US 1.78% 57,372 $37.3M Add +0.3%
QRVO Qorvo Inc. 1.73% 468,225 $36.2M Reduce -8.5%
GTLS Chart Industries Inc. 1.62% 164,384 $34.0M New
KVUE Kenvue Inc. 1.42% 1,724,628 $29.7M Add +78.4%
SLAB Silicon Laboratories Inc. 1.42% 142,633 $29.7M New
UNF Unifirst Corp. 1.42% 117,852 $29.7M New
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 1.41% 453,724 $29.5M Reduce -29.7%
TERN Terns Pharmaceuticals Inc. 1.29% 511,191 $26.9M New
CNTA Centessa Pharmaceuticals Ltd. 1.23% 648,326 $25.8M New
AES AES Corp. 1.21% 1,793,244 $25.3M New
MASI Masimo Corp. 1.15% 135,197 $24.0M New
MCW Mister Car Wash Inc. 1.14% 3,439,961 $24.0M New
TECK Teck Resources Ltd.-CLS B 1.10% 445,362 $23.0M Reduce -11.6%
CZR Caesars Entertainment Inc. 0.98% 776,622 $20.5M New
PEN Penumbra Inc. 0.94% 60,082 $19.7M New
SEM Select Medical Holdings Corp. 0.83% 1,071,046 $17.4M Add +1318.7%
RIG Transocean Ltd. 0.79% 2,496,226 $16.5M New
TWO Two Harbors Investment Corp. 0.75% 1,374,084 $15.7M New
DAWN Day One Biopharmaceuticals I 0.63% 613,918 $13.2M New
GLDD Great Lakes Dredge & Dock Co. 0.52% 642,867 $10.9M New
VRE Veris Residential Inc. 0.43% 473,792 $8.9M New
TPH Tri Pointe Homes Inc. 0.39% 175,396 $8.2M New
RNA Atrium Therapeutics Inc. 0.39% 607,552 $8.1M New
KW Kennedy-Wilson Holdings Inc. 0.32% 620,846 $6.7M New
QXO Qxo Inc. 0.31% 333,913 $6.5M New
OBA Oxley Bridge Acquisitio Class A 0.29% 601,704 $6.1M No change
OLPX Olaplex Holdings Inc. 0.25% 2,600,000 $5.3M New
DMIIU Drugs Made in America Acquis 0.24% 500,000 $5.0M No change
PSKY Paramount Skydance Class B 0.22% 519,408 $4.7M Add +24.8%
NSA National Storage Affiliates 0.21% 114,749 $4.3M New
LPCVU Launchpad Cadenza Acquisitio 0.19% 400,000 $4.0M No change
ADACU American Drive Acquisition C 0.19% 400,000 $4.0M No change
IRHOU Iron Horse Acquisition II Co. 0.19% 400,000 $4.0M No change
ALOVU Aldabra 4 Liquidity Opportun 0.17% 350,000 $3.5M New
MZYX.U Mozayyx Acquisition Corp. 0.17% 350,100 $3.5M New
IACOU Idea Acquisition Corp. 0.17% 350,000 $3.5M New
CECO Ceco Environmental Corp. 0.15% 54,234 $3.2M New
LWAC Lightwave Acquisition Corp. Class A 0.15% 315,406 $3.2M No change
AXIN Axiom Intelligence Class A 0.15% 300,001 $3.0M No change
HACQU HCM IV Acquisition Corp. 0.12% 250,100 $2.5M New
NFLX Netflix Inc. 0.11% 24,810 $2.4M New
BSX Boston Scientific Corp. 0.11% 36,602 $2.3M New
EVOXU Evolution Global Acquisition 0.11% 223,738 $2.3M No change
EGHA Egh Acquisition Co. Class A 0.10% 202,523 $2.1M No change
TTWO Take-Two Interactive Softwre 0.08% 8,932 $1.8M New
CTRA Coterra Energy Inc. 0.08% 47,707 $1.7M New
VSNT Versant Media Group Inc. 0.08% 44,472 $1.6M New
PACH Pioneer Acquisition I Class A 0.07% 150,000 $1.5M No change
FIGX Figx Capital Acquisition C-A 0.07% 150,000 $1.5M No change
HVMC Highview Merger Corp. Class A 0.07% 150,000 $1.5M No change
ZIM Zim Integrated Shipping Serv 0.07% 53,759 $1.4M New
SWKS Skyworks Solutions Inc. 0.06% 24,423 $1.3M New
PEGA Pegasystems Inc. 0.06% 27,845 $1.2M New
SGRY Surgery Partners Inc. 0.05% 86,212 $1.0M Reduce -76.3%
MBVI M3-Brigade Acquisition Class A 0.05% 100,000 $1.0M No change
BLRKU Bluerock Acquisition Corp. 0.05% 100,000 $1.0M No change
ITHAU Ithax Acquisition Corp. III 0.05% 100,000 $998K No change
MESHU Meshflow Acquisition Corp. 0.05% 100,000 $996K No change
EHAB Enhabit Inc. 0.05% 69,725 $982K New
BHF Brighthouse Financial Inc. 0.04% 15,000 $898K New
BCO The Brink's Co. 0.04% 7,504 $778K New
CEPS Cantor Equity Partners Vi -A 0.04% 75,000 $758K New
CEPF Cantor Equity Partners Class A 0.03% 70,772 $721K No change
RKT Rocket Cos Inc. Class A 0.03% 49,450 $705K New
LEG Leggett & Platt Inc. 0.03% 69,003 $682K Reduce -21.0%
RVMD Revolution Medicines Inc. 0.02% 5,368 $522K New
CAEP Cantor Equity Partners III-A 0.02% 50,000 $516K No change
CEPV Cantor Equity Partners Class A 0.02% 50,000 $505K No change
BLZR Trailblazer Acquisition Class A 0.02% 50,000 $503K No change
CRM Salesforce Inc. 0.02% 2,499 $466K New
PZZA Papa John's Intl Inc. 0.02% 10,217 $331K New
FCRS.U Futurecrest Acquisition Corp. 0.01% 25,000 $255K No change
IGV iShares Expanded Tech-Softwa 0.01% 2,510 $201K New
ONCH 1RT Acquisition Corp. Class A 0.00% 10,000 $102K No change
UWMC Uwm Holdings Corp. 0.00% 25,000 $91K New

Options reported separately and not counted above: WBD puts ($26.6M), WBD calls ($10.2M), CZR puts ($8.4M), SLAB puts ($8.4M), RVMD calls ($4.8M), HSY calls ($4.2M), EL calls ($3.2M), PSKY puts ($1.6M), RVMD puts ($574K), PZZA puts ($327K), EA puts ($143K).

Other holdings (6): bonds, preferreds, convertibles and warrants · $102K (not counted above)
SecurityClassShares / PrincipalValueChange
OBAWW Oxley Bridge Acq Ltd. -30 *W EXP 06/17/203 137,500$28KNo change
HVMCW Highview Merger Corp. - 30 *W EXP 07/24/203 74,999$22KNo change
FIGXW Figx Capital Acquisition Cor *W EXP 06/17/203 74,999$20KNo change
PACHW Pioneer Acquisition I Corp. *W EXP 06/16/203 74,999$14KNo change
MBVIW M3-Brigade Acquisition Vi Co. *W EXP 08/18/203 33,330$12KNo change
BLZRW Trailblazer Acqui Corp. -30 *W EXP 09/30/203 16,663$7KNo change

Total filed on the 13F, all lines: $2.1B.

Portfolio Sells Q4 2025 → Q1 2026
RNAM Avidity Biosciences Inc. Sold out 0.00% −6.26
CYBR Cyberark Software Ltd./Israel Sold out 0.00% −4.84
FYBR Frontier Communications Pare Sold out 0.00% −4.36
EXAS Exact Sciences Corp. Sold out 0.00% −4.33
AVDL Avadel Pharmaceuticals Ltd. Sold out 0.00% −4.01
DAY Dayforce Inc. Sold out 0.00% −3.49
CFLT Confluent Inc. Class A Sold out 0.00% −1.99
WBD Warner Bros Discovery Inc. Reduce -23.6% 4.70% −1.82
SEE Sealed Air Corp. Reduce -27.8% 3.28% −1.24
BA The Boeing Co. Sold out 0.00% −1.12
PLYM Plymouth Industrial REIT Inc. Sold out 0.00% −0.95
COMP Compass Inc. Class A Sold out 0.00% −0.94
KMB Kimberly-Clark Corp. Sold out 0.00% −0.93
AL Sumisho Air Lease Corp. Reduce -29.7% 1.41% −0.59
DVAX Dynavax Technologies Corp. Sold out 0.00% −0.55
QRVO Qorvo Inc. Reduce -8.5% 1.73% −0.35
THS Treehouse Foods Inc. Sold out 0.00% −0.31
SGRY Surgery Partners Inc. Reduce -76.3% 0.05% −0.22
TGNA Tegna Inc. Sold out 0.00% −0.18
SUNC Sunococorp LLC Reduce -24.4% 2.46% −0.17
SUN Sunoco LP Sold out 0.00% −0.09
TECK Teck Resources Ltd.-CLS B Reduce -11.6% 1.10% −0.06
SSP Ew Scripps Co./the-A Sold out 0.00% −0.02
LEG Leggett & Platt Inc. Reduce -21.0% 0.03% −0.01

Portfolio Buys Q4 2025 → Q1 2026
JHG Janus Henderson Group PLC New 4.67% +4.67
ACLX Arcellx Inc. New 2.97% +2.97
CWAN Clearwater Analytics HDS-A Add +92.0% 5.66% +2.63
APLS Apellis Pharmaceuticals Inc. New 2.41% +2.41
WBS Webster Financial Corp. New 2.04% +2.04
OS Onestream Inc. New 1.99% +1.99
GTLS Chart Industries Inc. New 1.62% +1.62
NSC Norfolk Southern Corp. Add +53.0% 4.61% +1.55
SLAB Silicon Laboratories Inc. New 1.42% +1.42
UNF Unifirst Corp. New 1.42% +1.42
TERN Terns Pharmaceuticals Inc. New 1.29% +1.29
CNTA Centessa Pharmaceuticals Ltd. New 1.23% +1.23
AES AES Corp. New 1.21% +1.21
MASI Masimo Corp. New 1.15% +1.15
MCW Mister Car Wash Inc. New 1.14% +1.14
CZR Caesars Entertainment Inc. New 0.98% +0.98
PEN Penumbra Inc. New 0.94% +0.94
RIG Transocean Ltd. New 0.79% +0.79
SEM Select Medical Holdings Corp. Add +1318.7% 0.83% +0.78
TWO Two Harbors Investment Corp. New 0.75% +0.75
FOLD Amicus Therapeutics Inc. Add +30.7% 2.64% +0.63
DAWN Day One Biopharmaceuticals I New 0.63% +0.63
KVUE Kenvue Inc. Add +78.4% 1.42% +0.62
HOLX Hologic Inc. Add +11.7% 4.82% +0.53
GLDD Great Lakes Dredge & Dock Co. New 0.52% +0.52
VRE Veris Residential Inc. New 0.43% +0.43
TPH Tri Pointe Homes Inc. New 0.39% +0.39
RNA Atrium Therapeutics Inc. New 0.39% +0.39
KW Kennedy-Wilson Holdings Inc. New 0.32% +0.32
QXO Qxo Inc. New 0.31% +0.31
DBRG Digitalbridge Group Inc. Add +14.1% 2.21% +0.26
OLPX Olaplex Holdings Inc. New 0.25% +0.25
NSA National Storage Affiliates New 0.21% +0.21
ALOVU Aldabra 4 Liquidity Opportun New 0.17% +0.17
MZYX.U Mozayyx Acquisition Corp. New 0.17% +0.17
IACOU Idea Acquisition Corp. New 0.17% +0.17
CECO Ceco Environmental Corp. New 0.15% +0.15
HACQU HCM IV Acquisition Corp. New 0.12% +0.12
NFLX Netflix Inc. New 0.11% +0.11
BSX Boston Scientific Corp. New 0.11% +0.11
TTWO Take-Two Interactive Softwre New 0.08% +0.08
CTRA Coterra Energy Inc. New 0.08% +0.08
VSNT Versant Media Group Inc. New 0.08% +0.08
ZIM Zim Integrated Shipping Serv New 0.07% +0.07
SWKS Skyworks Solutions Inc. New 0.06% +0.06
PEGA Pegasystems Inc. New 0.06% +0.06
EA Electronic Arts Inc. Add +2.5% 3.97% +0.05
EHAB Enhabit Inc. New 0.05% +0.05
BHF Brighthouse Financial Inc. New 0.04% +0.04
BCO The Brink's Co. New 0.04% +0.04

Options Activity Q4 2025 → Q1 2026
WBD Warner Bros Discovery Inc. put Reduce -50.6% 969,500 $26.6M
WBD Warner Bros Discovery Inc. call Reduce -30.8% 373,100 $10.2M
CZR Caesars Entertainment Inc. put New 318,000 $8.4M
SLAB Silicon Laboratories Inc. put New 40,200 $8.4M
DBRG Digitalbridge Group Inc. call Sold out 346,800 $5.3Mbefore exit
RVMD Revolution Medicines Inc. call New 49,700 $4.8M
HSY The Hershey Co. call New 20,000 $4.2M
EL Estee Lauder Companies Class A call New 45,000 $3.2M
CWAN Clearwater Analytics HDS-A put Sold out 100,000 $2.4Mbefore exit
PSKY Paramount Skydance Class B put Reduce -16.3% 180,000 $1.6M
PTGX Protagonist Therapeutics Inc. call Sold out 10,000 $873Kbefore exit
RVMD Revolution Medicines Inc. put New 5,900 $574K
PZZA Papa John's Intl Inc. put New 10,100 $327K
STAA Staar Surgical Co. put Sold out 10,400 $240Kbefore exit
EA Electronic Arts Inc. put New 700 $143K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 82$2.2BSPYM, BLD, JHG, NSC, ROKU
Q1 2026 90$2.1BSPYM, CWAN, HOLX, WBD, JHG
Q4 2025 57$2.1BSPYM, WBD, RNAM, CYBR, SEE
Q3 2025 60$1.6BSPYM, CYBR, MRUS, K, EA
Q2 2025 45$1.8BSPYM, HES, SWTX, SKX, AMED
Q1 2025 50$1.5BBECN, K, ITCI, HES, AMED
Q4 2024 45$1.3BK, HES, SMAR, SUM, ANSS
Q3 2024 39$1.5BEDR, SRCL, JNPR, SQSP, NVEI
Q2 2024 42$1.2BEDR, X, HCP, CTLT, WRK
Q1 2024 34$857.5MX, PXD, EDR, ANSS, HES