TOMS Capital Investment Management LP In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), TOMS Capital Investment Management LP reported 10 stock positions worth $857.7 million . Its top holding was Philip Morris International (PM) at 15.8% of the portfolio, followed by Aercap (AER, 15.6% ) and Amphenol Class A (APH, 12.1% ). Compared with Q3 2024, it opened 4 new positions, sold out of 13, added to 4 and reduced 2. The biggest buy was Aercap (AER, shares +119% ) and the biggest sale an exit from Air Products & Chemicals (APD).
Location NEW YORK, NY
CIK 0001743937
Portfolio Value $857.7M (Q4 2024) Holdings 10 stocks · $857.7M 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 Q3 2024 PM Philip Morris International 1,127,000 $135.6M Reduce -28.4% AER Aercap Holdings NV 1,398,000 $133.8M Add +118.8% APH Amphenol Corp. Class A 1,492,400 $103.6M Add +6.5% FLUT Flutter Entertainment PLC-Di 378,200 $97.7M Add +2.1% TSM Taiwan Semiconductor-SP ADR 435,000 $85.9M Reduce -35.5% AMZN Amazon.com Inc. 374,000 $82.1M New ROIV Roivant Sciences Ltd. 5,885,000 $69.6M Add +46.6% CSL Carlisle Cos Inc. 147,000 $54.2M New WSC Willscot Holdings Corp. 1,449,801 $48.5M New CVX Chevron Corp. 322,000 $46.6M New
Options reported separately and not counted above: SPY puts ($820.5M), TSM puts ($596.7M), HSY calls ($169.3M), HES calls ($133.0M), WSC calls ($100.3M), RIOT calls ($51.0M), X calls ($17.0M).
Portfolio Sells Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▲ APD Air Products & Chemicals Inc. Sold out 0.00% −13.12 CVS CVS Health Corp. Sold out 0.00% −10.01 ADBE Adobe Inc. Sold out 0.00% −8.82 MRVL Marvell Technology Inc. Sold out 0.00% −5.69 VRT Vertiv Holdings Co. Class A Sold out 0.00% −3.95 SBUX Starbucks Corp. Sold out 0.00% −3.11 VSTS Vestis Corp. Sold out 0.00% −2.85 AXON Axon Enterprise Inc. Sold out 0.00% −1.74 LINE Lineage Inc. Sold out 0.00% −1.29 CCJ Cameco Corp. Sold out 0.00% −0.19 USO United States Oil Fund LP Sold out 0.00% −0.19 PDD PDD Holdings Inc. Sold out 0.00% −0.16 DDOG Datadog Inc. Class A Sold out 0.00% −0.16 PM Philip Morris International Reduce -28.4% 15.81% +0.15 TSM Taiwan Semiconductor-SP ADR Reduce -35.5% 10.02% +0.41
Portfolio Buys Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▼ AER Aercap Holdings NV Add +118.8% 15.60% +10.63 AMZN Amazon.com Inc. New 9.57% +9.57 CSL Carlisle Cos Inc. New 6.32% +6.32 WSC Willscot Holdings Corp. New 5.65% +5.65 CVX Chevron Corp. New 5.44% +5.44 APH Amphenol Corp. Class A Add +6.5% 12.08% +4.59 ROIV Roivant Sciences Ltd. Add +46.6% 8.12% +4.32 FLUT Flutter Entertainment PLC-Di Add +2.1% 11.40% +4.19
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Add +16.7% 1,400,000 $820.5M TSM Taiwan Semiconductor-SP ADR put Add +10.4% 3,021,400 $596.7M XRT SS SPDR S&P Retail ETF put Sold out 3,500,000 $271.9Mbefore exit HSY The Hershey Co. call New 1,000,000 $169.3M HES Hess Corp. call New 1,000,000 $133.0M WSC Willscot Holdings Corp. call New 3,000,000 $100.3M RIOT Riot Platforms Inc. call New 5,000,000 $51.0M APH Amphenol Corp. Class A call Sold out 500,000 $32.6Mbefore exit X United States Steel Corp. call New 500,000 $17.0M
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