TOMS Capital Investment Management LP In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), TOMS Capital Investment Management LP reported 17 stock positions worth $1.3 billion . Its top holding was Kellanova (K) at 16.6% of the portfolio, followed by Philip Morris International (PM, 12.0% ) and Adobe (ADBE, 8.7% ). Compared with Q1 2024, it opened 10 new positions, sold out of 8, added to 3 and reduced 4. The biggest buy was a new position in HubSpot (HUBS) and the biggest sale an exit from Fomento Economico Mex-SP ADR (FMX).
Location NEW YORK, NY
CIK 0001743937
Portfolio Value $1.3B (Q2 2024) Holdings 17 stocks · $1.3B 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 K Kellanova 3,862,100 $222.8M Add +2.0% PM Philip Morris International 1,589,000 $161.0M Add +1.5% ADBE Adobe Inc. 211,000 $117.2M Reduce -26.2% HUBS HubSpot Inc. 182,000 $107.3M New MSFT Microsoft Corp. 221,000 $98.8M Reduce -31.1% WRK Westrock Co. 1,722,900 $89.1M New APH Amphenol Corp. Class A 1,127,400 $76.0M New TSM Taiwan Semiconductor-SP ADR 400,467 $69.6M New SBUX Starbucks Corp. 836,662 $65.1M New AXON Axon Enterprise Inc. 209,840 $61.7M Add +13.1% FLUT Flutter Entertainment PLC-Di 327,564 $59.7M New AMZN Amazon.com Inc. 297,057 $57.4M Reduce -61.5% ILMN Illumina Inc. 470,000 $49.1M New GEV GE Vernova Inc. 241,598 $41.4M New MRVL Marvell Technology Inc. 526,435 $36.8M New STLA Stellantis NV 1,177,656 $23.4M Reduce -75.8% X United States Steel Corp. 237,567 $9.0M New
Options reported separately and not counted above: TSM puts ($490.2M), SPY puts ($337.6M), HES puts ($141.1M), APH calls ($136.8M), HUBS calls ($103.2M), VKTX calls ($40.5M), ATMU calls ($27.7M), VSTS calls ($23.2M), PENN calls ($18.2M), IVVD calls ($768K).
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 ▲ FMX Fomento Economico Mex-SP ADR Sold out 0.00% −8.30 STLA Stellantis NV Reduce -75.8% 1.74% −7.22 LYV Live Nation Entertainment Inc. Sold out 0.00% −6.31 STZ Constellation Brands Inc. Class A Sold out 0.00% −5.95 NWSA News Corp. Class A Sold out 0.00% −5.41 MNDY Monday.com Ltd. Sold out 0.00% −4.95 AMZN Amazon.com Inc. Reduce -61.5% 4.27% −4.77 ACI Albertsons Cos Inc. Class A Sold out 0.00% −2.23 AER Aercap Holdings NV Sold out 0.00% −2.08 MSFT Microsoft Corp. Reduce -31.1% 7.34% −1.44 META Meta Platforms Inc. Class A Sold out 0.00% −1.42 ADBE Adobe Inc. Reduce -26.2% 8.71% −0.67
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 ▼ HUBS HubSpot Inc. New 7.98% +7.98 WRK Westrock Co. New 6.62% +6.62 APH Amphenol Corp. Class A New 5.65% +5.65 TSM Taiwan Semiconductor-SP ADR New 5.17% +5.17 SBUX Starbucks Corp. New 4.84% +4.84 FLUT Flutter Entertainment PLC-Di New 4.44% +4.44 ILMN Illumina Inc. New 3.65% +3.65 GEV GE Vernova Inc. New 3.08% +3.08 MRVL Marvell Technology Inc. New 2.73% +2.73 PM Philip Morris International Add +1.5% 11.97% +2.65 K Kellanova Add +2.0% 16.56% +2.46 AXON Axon Enterprise Inc. Add +13.1% 4.59% +0.81 X United States Steel Corp. New 0.67% +0.67
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ TSM Taiwan Semiconductor-SP ADR put New 2,820,100 $490.2M SPY SS SPDR S&P 500 ETF Trust-US put Reduce -53.2% 620,400 $337.6M HES Hess Corp. put New 956,700 $141.1M APH Amphenol Corp. Class A call New 2,031,200 $136.8M ACI Albertsons Cos Inc. Class A call Sold out 5,710,000 $122.4Mbefore exit HUBS HubSpot Inc. call New 175,000 $103.2M VKTX Viking Therapeutics Inc. call New 763,600 $40.5M ATMU Atmus Filtration Technologie call Reduce -3.8% 962,100 $27.7M VSTS Vestis Corp. call New 1,899,600 $23.2M PENN Penn Entertainment Inc. call New 940,100 $18.2M IVVD Invivyd Inc. call Reduce -6.9% 698,500 $768K
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 16 $1.9B DVN, STX, RIOT, INTC, MKSI Q1 2026 14 $1.5B AER, NVDA, FWONK, STX, FDX Q4 2025 13 $1.4B TGT, UNP, UAL, NVDA, CRS Q3 2025 11 $1.1B KVUE, UNP, CRS, CORZ, GOOG Q2 2025 12 $1.3B KVUE, CSX, NSC, COF, SNPS Q1 2025 13 $1.4B KVUE, CSGP, X, TSM, AMZN Q4 2024 10 $857.7M PM, AER, APH, FLUT, TSM Q3 2024 19 $1.2B PM, APD, CVS, TSM, ADBE Q2 2024 17 $1.3B K, PM, ADBE, HUBS, MSFT Q1 2024 15 $1.5B K, ADBE, PM, AMZN, STLA