TOMS Capital Investment Management LP In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), TOMS Capital Investment Management LP reported 14 stock positions worth $1.5 billion . Its top holding was Aercap (AER) at 12.6% of the portfolio, followed by Nvidia (NVDA, 10.2% ) and Liberty Media Class C (FWONK, 8.9% ). Compared with Q4 2025, it opened 7 new positions, sold out of 6, added to 4 and reduced 3. The biggest buy was a new position in Aercap (AER) and the biggest sale an exit from Target (TGT).
Location NEW YORK, NY
CIK 0001743937
Portfolio Value $1.5B (Q1 2026) Holdings 14 stocks · $1.5B 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 2025 AER Aercap Holdings NV 1,394,000 $191.2M New NVDA Nvidia Corp. 893,000 $155.7M Add +29.4% FWONK Liberty Media Corp. Class C 1,600,000 $136.0M Add +109.2% STX Seagate Technology Holdings 331,000 $129.7M New FDX FedEx Corp. 360,000 $128.2M New GLNG Golar LNG Ltd. 2,243,000 $121.4M New MSGS Madison Square Garden Sports 347,000 $111.5M Add +5.3% TSM Taiwan Semiconductor-SP ADR 328,000 $110.8M Add +14.0% UAL United Airlines Holdings Inc. 1,198,000 $110.3M Reduce -7.9% WBD Warner Bros Discovery Inc. 3,900,000 $107.1M New CRS Carpenter Technology 176,000 $69.4M Reduce -54.5% WAB Wabtec Corp. 272,000 $68.0M New SYY Sysco Corp. 850,000 $60.6M New FR First Industrial Realty TR 381,000 $22.0M Reduce -10.3%
Options reported separately and not counted above: SPY puts ($975.5M), TSM puts ($756.8M), BKLN puts ($285.7M), GLNG calls ($213.8M), QGEN calls ($60.1M).
Portfolio Sells Q4 2025 → Q1 2026 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 2025 % Of Portfolio Change To Portfolio ▲ TGT Target Corp. Sold out 0.00% −17.95 UNP Union Pacific Corp. Sold out 0.00% −15.34 FIS Fidelity National Info Serv Sold out 0.00% −7.71 KMB Kimberly-Clark Corp. Sold out 0.00% −6.43 META Meta Platforms Inc. Class A Sold out 0.00% −5.05 CRS Carpenter Technology Reduce -54.5% 4.56% −3.93 UAL United Airlines Holdings Inc. Reduce -7.9% 7.25% −2.89 APG Api Group Corp. Sold out 0.00% −0.94 FR First Industrial Realty TR Reduce -10.3% 1.45% −0.25
Portfolio Buys Q4 2025 → Q1 2026 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 2025 % Of Portfolio Change To Portfolio ▼ AER Aercap Holdings NV New 12.56% +12.56 STX Seagate Technology Holdings New 8.52% +8.52 FDX FedEx Corp. New 8.42% +8.42 GLNG Golar LNG Ltd. New 7.97% +7.97 WBD Warner Bros Discovery Inc. New 7.04% +7.04 WAB Wabtec Corp. New 4.47% +4.47 SYY Sysco Corp. New 3.98% +3.98 FWONK Liberty Media Corp. Class C Add +109.2% 8.94% +3.69 MSGS Madison Square Garden Sports Add +5.3% 7.33% +1.38 NVDA Nvidia Corp. Add +29.4% 10.23% +1.26 TSM Taiwan Semiconductor-SP ADR Add +14.0% 7.28% +1.19
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Reduce -50.0% 1,500,000 $975.5M TSM Taiwan Semiconductor-SP ADR put Add +77.1% 2,239,400 $756.8M UNP Union Pacific Corp. call Sold out 1,340,300 $310.0Mbefore exit BKLN Invesco Senior Loan ETF put New 14,000,000 $285.7M WMT Walmart Inc. put Sold out 2,000,000 $222.8Mbefore exit AIG American International Group call Sold out 2,500,000 $213.9Mbefore exit GLNG Golar LNG Ltd. call New 3,951,500 $213.8M QGEN Qiagen N.V. call New 1,500,000 $60.1M FR First Industrial Realty TR call Sold out 1,000,000 $57.3Mbefore exit RIOT Riot Platforms Inc. call Sold out 4,009,400 $50.8Mbefore exit CORZ Core Scientific Inc. call Sold out 3,000,000 $43.7Mbefore exit
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