Soros Fund Management

Q2 2026 13F · by Dawn Fitzpatrick, CIO

As of: Jun 30, 2026
Filed: Aug 14, 2026
US stock: $6.1B · prev $5.5B
Positions: 238 · prev 229
Options notional: $522M
Documents: 1· no amendments

Picture74.4% US stock

Mostly picture · of what this 13F reports is US stock

US stock listed on a US exchange 74.4%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 19.2%
Puts at notional value 5.0%
Calls at notional value 1.4%

Moves304 since the prior filing

+34.4 pp in · −33.4 pp out

New 87 +24.13 pp
Added 47 +10.24 pp
Trimmed 73 −12.68 pp
Exited 78 −20.75 pp

Options: 19 moves on a notional base, in the table below.

The book

Diversified · behaves like 67 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 149% a year, about 0.7 years per position

Low
Moderate
High

Top 5 positions19% of US stock

Positions238 in this filing · 78 exited


AMZNAmazon.Com Inc	4.65%	1,182,529	$282M	trimmed−39%	−2.68 pp	23 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	4.11%	522,158	$249M	trimmed−0%	+0.92 pp	5 q
GOOGLAlphabet Inc. Class A	3.52%	596,286	$213M	added+4%	+0.53 pp	29 q
NVDANvidia Corp	3.52%	1,064,635	$213M	trimmed−1%	+0.13 pp	6 q
EAElectronic Arts Inc	3.29%	970,990	$199M	added+1%	−0.27 pp	4 q
AAPLApple Inc.	2.53%	529,538	$153M	added+6%	+0.23 pp	5 q
LINLinde plc	2.29%	267,349	$139M	added+3%	−0.04 pp	2 q
TKOTKO Group Holdings, Inc.	1.92%	578,157	$116M	trimmed−4%	−0.28 pp	6 q
SMCIPSuper Micro Computer, Inc.	1.84%	2,175,408	$111M	new	+1.84 pp	new
AEPAmerican Electric Power Company, Inc.	1.73%	768,000	$105M	new	+1.73 pp	new
ETREntergy Corporation	1.73%	913,912	$105M	added×11.8	+1.57 pp	6 q
ITRIItron Inc	1.62%	1,137,853	$98M	added+46%	+0.36 pp	3 q
DLRDigital Realty Trust, Inc.	1.60%	539,618	$97M	added×9.4	+1.41 pp	3 q
GTLSChart Inds Inc	1.44%	416,233	$87M	trimmed−11%	−0.32 pp	4 q
NBISNebius Group N.V. Class A	1.41%	310,000	$86M	new	+1.41 pp	new
WEDWebster Financial Corp	1.40%	1,113,487	$85M	added+56%	+0.51 pp	2 q
IDAIDACORP, Inc.	1.36%	546,085	$83M	trimmed−5%	−0.13 pp	5 q
NEE.PRPNextera Energy Inc	1.29%	1,627,578	$78M	added+36%	+0.20 pp	2 q
HTOH2O America	1.26%	1,254,368	$76M	added+2%	−0.04 pp	2 q
APGEApogee Therapeutics, Inc.	1.24%	564,500	$75M	new	+1.24 pp	new
CMSCMS Energy Corporation	1.22%	970,362	$74M	trimmed−6%	−0.23 pp	4 q
BHFBrighthouse Financial, Inc.	1.17%	1,116,250	$71M	added+32%	+0.25 pp	6 q
MSFTMicrosoft Corp	1.17%	189,971	$71M	trimmed−10%	−0.25 pp	5 q
SWSmurfit Westrock plc	1.15%	1,512,798	$70M	trimmed−40%	−0.67 pp	8 q
BRK.BBERKSHIRE HATHAWAY Class B	1.10%	133,277	$67M	held	—	2 q
DBRGDigitalBridge Group, Inc.	1.07%	4,118,793	$65M	new	+1.07 pp	new
MDLNMedline Inc. Class A	1.07%	1,638,244	$65M	added+27%	+0.03 pp	3 q
AVGOBroadcom Inc.	1.03%	165,246	$62M	added+7%	+0.16 pp	3 q
WECWEC Energy Group, Inc.	1.02%	528,369	$62M	added+3%	−0.05 pp	3 q
GOOGNAlphabet Inc.	0.99%	1,200,000	$60M	new	+0.99 pp	new
KVUEKenvue Inc.	0.87%	2,746,636	$52M	trimmed−13%	−0.11 pp	3 q
TMHCTaylor Morrison Home Corporation	0.86%	723,523	$52M	new	+0.86 pp	new
KDKKodiak AI, Inc.	0.82%	9,767,037	$50M	held	—	5 q
MACThe Macerich Company	0.81%	1,938,506	$49M	new	+0.81 pp	new
DASHDoorDash, Inc. Class A	0.76%	249,897	$46M	added+47%	+0.30 pp	14 q
NATLNCR Atleos Corporation	0.74%	1,033,562	$45M	added+42%	+0.16 pp	2 q
AAMIAcadian Asset Management Inc.	0.72%	610,248	$44M	trimmed−6%	+0.08 pp	26 q
XELXcel Energy, Inc.	0.71%	533,324	$43M	added+5%	−0.02 pp	3 q
CORZWCore Scientific, Inc. Tranche 1	0.69%	2,235,000	$42M	added×2.6	+0.55 pp	3 q
SPGIS&P Global Inc.	0.68%	100,834	$41M	added×6.1	+0.55 pp	2 q
XEX-Energy, Inc. Class A	0.68%	2,245,454	$41M	new	+0.68 pp	new
SRESempra	0.67%	441,114	$41M	added×4.1	+0.48 pp	4 q
WBDWarner Bros. Discovery, Inc. Series A	0.65%	1,488,690	$40M	added+36%	+0.11 pp	3 q
HONHoneywell International, Inc.	0.64%	174,025	$39M	trimmed−51%	−0.82 pp	4 q
JPMJPMorgan Chase & Co.	0.64%	118,358	$39M	held	—	3 q
SUNBSunbelt Rentals Holdings, Inc.	0.64%	516,034	$39M	trimmed−6%	0.00 pp	2 q
TECHBio-Techne Corp.	0.62%	535,400	$38M	new	+0.62 pp	new
CXCemex S.A.B. de C.V.	0.62%	3,138,240	$38M	added+5%	0.00 pp	2 q
BGCBGC Group, Inc. Class A	0.61%	3,481,891	$37M	trimmed−17%	−0.13 pp	12 q
NUVLNuvalent Inc	0.61%	300,017	$37M	new	+0.61 pp	new
INIOInnio N.v.	0.61%	936,264	$37M	new	+0.61 pp	new
EMXCiShares MSCI Emerging Markets ex China ETF	0.60%	354,686	$36M	held	—	14 q
TSLATesla, Inc.	0.60%	86,846	$37M	added+64%	+0.24 pp	3 q
TEAMAtlassian Corporation Class A	0.59%	459,150	$36M	trimmed−14%	−0.07 pp	5 q
HONAHoneywell Aerospace Inc.	0.59%	162,940	$36M	new	+0.59 pp	new
FPSForgent Power Solutions, Inc.	0.58%	629,106	$35M	added×6.2	+0.53 pp	2 q
SNOWSnowflake Inc.	0.57%	136,568	$35M	added×2.9	+0.44 pp	9 q
ULSUL Solutions Inc.	0.56%	333,960	$34M	trimmed−15%	−0.05 pp	9 q
CBRSCerebras Systems Inc. Class A	0.55%	150,000	$33M	new	+0.55 pp	new
MCDMcDonald's Corporation	0.55%	123,562	$33M	held	—	2 q
Oracle Corpconvertible	0.55%	738,395	$33M	added+30%	+0.08 pp	2 q
TEXTerex Corporation	0.53%	443,008	$32M	new	+0.53 pp	new
GBTGGlobal Business Travel Group, Inc.	0.52%	3,346,860	$31M	new	+0.52 pp	new
AMDAdvanced Micro Devices	0.49%	50,757	$29M	added+47%	+0.36 pp	3 q
COFCapital One Financial	0.49%	147,062	$30M	trimmed−18%	−0.10 pp	2 q
CRWVCoreWeave, Inc. Class A	0.49%	300,000	$30M	trimmed−32%	−0.13 pp	2 q
LGNLegence Corp. Class A	0.46%	328,000	$28M	added×2.5	+0.32 pp	4 q
VSECVSE Corp	0.45%	120,327	$27M	trimmed−23%	−0.07 pp	3 q
LLYEli Lilly & Co.	0.44%	22,199	$27M	held	—	3 q
OBDCBlue Owl Capital Corporation	0.44%	2,451,136	$27M	held	—	2 q
ENRDEinride AB	0.43%	2,977,687	$26M	new	+0.43 pp	new
MUBiShares National Muni Bond ETF	0.43%	241,400	$26M	held	—	26 q
MUMicron Technology, Inc.	0.43%	22,422	$26M	added×7.9	+0.41 pp	2 q
PORPortland General Electric Company	0.43%	500,000	$26M	trimmed−1%	−0.05 pp	2 q
MAIRMadison Air Solutions Corporation	0.40%	625,004	$24M	new	+0.40 pp	new
VGNTVersigent PLC	0.40%	583,666	$25M	new	+0.40 pp	new
PAYOPayoneer Global Inc.	0.38%	3,200,000	$23M	new	+0.38 pp	new
ACAArcosa, Inc.	0.37%	155,000	$23M	new	+0.37 pp	new
ETSYEtsy, Inc.	0.37%	297,000	$22M	added+38%	+0.18 pp	2 q
AHRAmerican Healthcare REIT, Inc.	0.37%	428,630	$22M	new	+0.37 pp	new
ONON Semiconductor Corp	0.36%	228,022	$22M	new	+0.36 pp	new
PPLPPL Corporation	0.36%	607,306	$22M	added×5.2	+0.28 pp	2 q
QNTQuantinuum Inc. Class A	0.36%	266,000	$22M	new	+0.36 pp	new
ROKURoku, Inc. Class A	0.36%	155,800	$22M	new	+0.36 pp	new
CRBGCorebridge Financial, Inc.	0.35%	733,788	$21M	trimmed−66%	−0.57 pp	11 q
MIDDMiddleby Corp	0.35%	124,000	$21M	new	+0.35 pp	new
BLDTopBuild Corp.	0.35%	50,000	$21M	new	+0.35 pp	new
ALLYAlly Financial Inc.	0.34%	442,344	$20M	trimmed−39%	−0.17 pp	6 q
MCHPMicrochip Technology Inc	0.34%	227,800	$21M	new	+0.34 pp	new
PMPhilip Morris International Inc.	0.34%	112,294	$20M	held	—	2 q
CFGCitizens Financial Group, Inc.	0.33%	287,540	$20M	trimmed−4%	+0.01 pp	3 q
MFICMidCap Financial Investment Corporation	0.32%	1,944,500	$20M	held	—	2 q
FRVOFervo Energy Company Class A	0.32%	669,350	$20M	new	+0.32 pp	new
SPYState Street SPDR S&P 500 ETF Trust	0.31%	25,000	$19M	held	—	7 q
ITTITT Inc.	0.28%	84,740	$17M	trimmed−6%	−0.03 pp	3 q
Novanta Incconvertible	0.28%	250,000	$17M	new	+0.28 pp	new
MRVLMarvell Technology, Inc.	0.27%	53,962	$16M	new	+0.27 pp	new
MAMastercard Incorporated	0.26%	30,452	$16M	held	—	2 q
SAROStandardAero, Inc.	0.26%	526,440	$16M	trimmed−25%	−0.07 pp	7 q
CZRCaesars Entertainment, Inc.	0.25%	494,990	$15M	new	+0.25 pp	new
SILASila Realty Trust Inc	0.25%	507,718	$15M	new	+0.25 pp	new
MWHSOLV Energy, Inc. Class A	0.25%	436,664	$15M	added×3.1	+0.17 pp	2 q
ATIATI Inc.	0.24%	73,339	$14M	added+39%	+0.10 pp	2 q
TALKTalkspace Inc	0.24%	2,767,040	$14M	held	—	2 q
DPCDPC Holdings PLC	0.24%	296,950	$15M	new	+0.24 pp	new
INTCIntel Corp	0.23%	100,000	$14M	new	+0.23 pp	new
CTRECareTrust REIT, Inc	0.22%	325,320	$13M	new	+0.22 pp	new
HUMHumana Inc.	0.22%	33,228	$13M	trimmed−51%	+0.01 pp	4 q
IBKRInteractive Brokers Group, Inc. Class A	0.22%	151,470	$13M	trimmed−77%	−0.56 pp	18 q
CRHCRH Public Limited Company	0.22%	123,942	$13M	added+8%	0.00 pp	12 q
KOCoca-Cola Company	0.20%	150,643	$12M	held	—	2 q
METAMeta Platforms, Inc. Class A	0.20%	21,776	$12M	trimmed−37%	−0.16 pp	2 q
CNMCore & Main, Inc.	0.19%	236,431	$11M	added+2%	−0.02 pp	3 q
DDominion Energy, Inc	0.19%	165,344	$11M	new	+0.19 pp	new
FLGFlagstar Bank, National Association	0.19%	781,685	$12M	new	+0.19 pp	new
AIGAmerican International Group, Inc.	0.18%	144,410	$11M	trimmed−4%	−0.02 pp	3 q
CPRXCatalyst Pharmaceuticals Inc	0.18%	344,593	$11M	new	+0.18 pp	new
OTFBlue Owl Technology Finance Corp.	0.17%	1,005,000	$10M	held	—	2 q
EVGOEVgo Inc. Class A	0.17%	5,350,022	$10M	trimmed−11%	−0.02 pp	7 q
TKRThe Timken Company	0.17%	70,000	$10M	new	+0.17 pp	new
WWDWoodward, Inc.	0.17%	24,854	$11M	trimmed−75%	−0.48 pp	3 q
AAC.UAres Acquisition Corporation III Units, each consisting of one Class A and one-tenth of one redeemable	0.17%	1,000,000	$10M	new	+0.17 pp	new
CGThe Carlyle Group Inc.	0.16%	226,767	$10M	trimmed−7%	−0.05 pp	2 q
JANJanus Living, Inc.	0.15%	326,320	$9M	added+43%	+0.05 pp	2 q
OWLBlue Owl Capital Inc.	0.14%	973,500	$9M	trimmed−52%	−0.19 pp	3 q
JNJJohnson & Johnson	0.14%	34,019	$9M	trimmed−2%	−0.01 pp	2 q
MGEEMGE Energy Inc	0.14%	106,813	$9M	new	+0.14 pp	new
TPGTPG Inc. Class A	0.14%	204,488	$8M	added+18%	+0.01 pp	2 q
ARXSArxis, Inc. Class A	0.13%	175,000	$8M	new	+0.13 pp	new
KKRKKR & Co. Inc.	0.13%	88,715	$8M	trimmed−64%	−0.28 pp	2 q
CBChubb Limited	0.13%	22,890	$8M	held	—	2 q
KWEBKraneShares CSI China Internet ETF	0.12%	300,404	$7M	held	—	2 q
RDNTRadNet, Inc.	0.12%	116,588	$7M	trimmed−73%	−0.32 pp	4 q
WMTWalmart Inc.	0.12%	63,099	$7M	held	—	3 q
CMECME Group Inc.	0.11%	30,028	$7M	held	—	39 q
RSIRush Street Interactive, Inc.	0.11%	226,680	$7M	new	+0.11 pp	new
UBERUber Technologies, Inc.	0.11%	90,337	$7M	trimmed−71%	−0.30 pp	17 q
ARESAres Management Corporation Class A	0.10%	54,026	$6M	trimmed−72%	−0.29 pp	2 q
BXBlackstone Inc.	0.10%	51,080	$6M	trimmed−71%	−0.26 pp	2 q
SHAZSharonAI Holdings, Inc. Class A	0.10%	72,748	$6M	new	+0.10 pp	new
VRSKVerisk Analytics, Inc.	0.10%	33,267	$6M	trimmed−38%	−0.08 pp	2 q
EROCERock, Inc.	0.09%	376,206	$5M	new	+0.09 pp	new
GLXYGalaxy Digital Inc. Class A	0.09%	204,478	$6M	trimmed−25%	0.00 pp	5 q
INGMIngram Micro Holding Corporation	0.09%	208,600	$6M	trimmed−48%	−0.08 pp	2 q
EWCiShares MSCI Canada ETF	0.09%	97,700	$6M	held	—	12 q
NPNeptune Insurance Holdings Inc.	0.09%	172,280	$5M	added+1%	+0.02 pp	3 q
SITMSiTime Corporation	0.09%	7,000	$5M	new	+0.09 pp	new
VSHVishay Intertechnology, Inc.	0.09%	100,000	$5M	new	+0.09 pp	new
AKRAcadia Realty Trust	0.08%	228,650	$5M	new	+0.08 pp	new
ADBEAdobe Inc.	0.08%	23,419	$5M	new	+0.08 pp	new
LCLNLincoln International, Inc.	0.08%	200,000	$5M	new	+0.08 pp	new
MCBMetropolitan Bank Holding Corp., $0.01 par value per share	0.08%	50,000	$5M	trimmed−33%	−0.03 pp	2 q
NOCNorthrop Grumman Corp.	0.08%	9,660	$5M	held	—	2 q
PNFPPinnacle Financial Partners, Inc.	0.08%	49,273	$5M	new	+0.08 pp	new
NOWServicenow, Inc.	0.08%	48,570	$5M	trimmed−69%	−0.21 pp	2 q
ABTAbbott Laboratories	0.07%	44,750	$4M	held	—	2 q
APOApollo Global Management, Inc.	0.07%	35,000	$4M	trimmed−73%	−0.19 pp	2 q
MSMorgan Stanley	0.07%	19,096	$4M	new	+0.07 pp	new
RBCRBC Bearings Incorporated	0.07%	6,610	$4M	added+36%	+0.02 pp	2 q
ACMRACM Research, Inc. Class A	0.06%	30,122	$4M	new	+0.06 pp	new
ADMArcher Daniels Midland Company	0.06%	46,071	$4M	new	+0.06 pp	new
FCXFreeport-McMoran Inc.	0.06%	62,294	$4M	new	+0.06 pp	new
MTZMasTec, Inc.	0.06%	8,275	$3M	added×2.1	+0.04 pp	3 q
PZZAPapa John's International Inc	0.06%	100,000	$4M	new	+0.06 pp	new
VRNSVaronis Systems, Inc.	0.06%	80,000	$3M	new	+0.06 pp	new
BGBunge Global SA	0.06%	33,054	$4M	trimmed−52%	−0.10 pp	3 q
AKTSAktis Oncology, Inc.	0.05%	100,000	$3M	held	—	2 q
ANDGAndersen Group Inc.	0.05%	72,600	$3M	added+45%	+0.03 pp	3 q
FIGRFigure Technology Solutions, Inc. Class A	0.05%	100,000	$3M	trimmed−90%	−0.56 pp	4 q
NFLXNetFlix Inc	0.05%	46,451	$3M	trimmed−3%	−0.03 pp	2 q
AMTMAmentum Holdings, Inc.	0.04%	118,276	$2M	added+10%	−0.01 pp	3 q
AADXApplied Aerospace & Defense, Inc.	0.04%	100,000	$2M	new	+0.04 pp	new
CRSCarpenter Technology Corp	0.04%	4,308	$3M	trimmed−49%	−0.02 pp	2 q
DDOGDatadog, Inc. Class A	0.04%	9,662	$3M	trimmed−90%	−0.18 pp	12 q
ESPREsperion Therapeutics Inc Ne	0.04%	757,358	$2M	new	+0.04 pp	new
HAWKHawkEye 360, Inc.	0.04%	116,280	$2M	new	+0.04 pp	new
KRGKite Realty Group Trust	0.04%	85,000	$2M	new	+0.04 pp	new
LFTOLiftoff Mobile, Inc.	0.04%	106,980	$3M	new	+0.04 pp	new
ALMRAlamar Biosciences, Inc.	0.03%	60,000	$2M	new	+0.03 pp	new
MGMMgm Resorts International	0.03%	38,752	$2M	new	+0.03 pp	new
PONYPony AI Inc.	0.03%	302,795	$2M	trimmed−77%	−0.19 pp	7 q
PGRProgressive Corporation	0.03%	9,472	$2M	held	—	2 q
RDDTReddit, Inc.	0.03%	11,003	$2M	trimmed−54%	−0.03 pp	2 q
TXNTexas Instruments Incorporated	0.03%	6,640	$2M	new	+0.03 pp	new
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.03%	3,885	$2M	trimmed−94%	−0.29 pp	7 q
VZVerizon Communications	0.03%	43,292	$2M	held	—	2 q
ZTSZoetis Inc.	0.03%	27,808	$2M	new	+0.03 pp	new
WIXWIX.com Ltd.	0.03%	35,000	$2M	trimmed−86%	−0.38 pp	2 q
BILLBILL Holdings, Inc.	0.02%	25,662	$927,938	trimmed−76%	−0.05 pp	2 q
BWABorgWarner Inc.	0.02%	19,400	$1M	new	+0.02 pp	new
NETCloudflare, Inc. Class A, par value $0.001 per share	0.02%	4,467	$1M	trimmed−59%	−0.02 pp	2 q
DISThe Walt Disney Company	0.02%	10,518	$1M	held	—	4 q
ESEversource Energy	0.02%	14,890	$1M	trimmed−0%	0.00 pp	3 q
FSLRFirst Solar, Inc.	0.02%	3,925	$926,143	new	+0.02 pp	new
FEFirstEnergy Corp.	0.02%	20,946	$995,773	held	—	2 q
COAGHemab Therapeutics Holdings, Inc.	0.02%	25,000	$918,250	new	+0.02 pp	new
HTZHertz Global Holdings, Inc	0.02%	445,207	$1M	new	+0.02 pp	new
HUBGHUB Group Inc	0.02%	27,049	$1M	new	+0.02 pp	new
LCIDLucid Group, Inc.	0.02%	205,470	$1M	added+19%	−0.01 pp	3 q
PRIMPrimoris Services Corporation	0.02%	10,339	$1M	new	+0.02 pp	new
SPSBState Street SPDR Portfolio Short Term Corporate Bond ETF	0.02%	46,979	$1M	added+55%	0.00 pp	25 q
STMSTMicroelectronics N.V.	0.02%	18,322	$1M	new	+0.02 pp	new
RUNSunrun Inc	0.02%	100,000	$1M	added×5.1	+0.02 pp	4 q
SGISomnigroup International Inc.	0.02%	13,542	$1M	trimmed−92%	−0.22 pp	6 q
YSWYYesway, Inc. Class A	0.02%	50,000	$1M	new	+0.02 pp	new
ZETAZeta Global Holdings Corp.	0.02%	46,667	$918,407	new	+0.02 pp	new
CEPVCantor Equity Partners V, Inc. Class A	0.02%	100,000	$1M	held	—	3 q
ADEAAdeia Inc.	0.01%	11,087	$365,095	trimmed−78%	−0.01 pp	2 q
AVLNAvalyn Pharma Inc.	0.01%	10,000	$329,200	new	+0.01 pp	new
BKUBankunited, Inc.	0.01%	11,165	$540,944	trimmed−64%	−0.02 pp	3 q
CCJCameco Corporation	0.01%	7,071	$720,252	new	+0.01 pp	new
CEGConstellation Energy Corporation	0.01%	3,259	$809,438	new	+0.01 pp	new
CORZCore Scientific, Inc.	0.01%	35,147	$899,412	trimmed−89%	−0.08 pp	3 q
CPNGCoupang, Inc.	0.01%	26,154	$454,295	trimmed−64%	−0.01 pp	3 q
TET1 Energy Inc.	0.01%	45,982	$435,909	trimmed−48%	0.00 pp	2 q
GFLGFL Environmental Inc. Subordinate Voting Shares	0.01%	9,287	$341,669	trimmed−98%	−0.39 pp	10 q
HUNHuntsman Corporation	0.01%	56,759	$602,781	added+38%	0.00 pp	3 q
PIImpinj, Inc.	0.01%	2,129	$304,937	trimmed−45%	0.00 pp	2 q
KLRAKailera Therapeutics, Inc.	0.01%	20,000	$440,600	new	+0.01 pp	new
KARDKardigan, Inc.	0.01%	15,000	$357,750	new	+0.01 pp	new
KEELKeel Infrastructure Corp.	0.01%	151,400	$869,036	new	+0.01 pp	new
MTRNMaterion Corporation	0.01%	1,437	$427,349	trimmed−93%	−0.05 pp	2 q
REARare Earths Americas, Inc.	0.01%	20,000	$305,600	new	+0.01 pp	new
RUSHARush Enterprises Inc	0.01%	4,574	$333,833	trimmed−67%	−0.01 pp	2 q
XLFState Street Financial Select Sector SPDR ETF	0.01%	12,270	$657,795	held	—	3 q
QXOQXO, Inc.	0.01%	49,835	$861,149	new	+0.01 pp	new
SFSTSouthern First Bancshares, Inc.	0.01%	14,448	$882,773	new	+0.01 pp	new
TLNTalen Energy Corporation	0.01%	1,833	$704,349	new	+0.01 pp	new
TNCTennant Company	0.01%	8,540	$747,592	trimmed−67%	−0.02 pp	2 q
USARUSA Rare Earth, Inc. Class A	0.01%	31,221	$673,749	added+49%	0.00 pp	2 q
VSTVistra Corp.	0.01%	4,223	$669,894	trimmed−98%	−0.65 pp	2 q
ASAmer Sports, Inc.	0.01%	12,711	$430,140	trimmed−69%	−0.01 pp	2 q
STLAStellantis N.V.	0.01%	132,828	$762,433	trimmed−65%	−0.04 pp	2 q
EMEEMCOR Group, Inc.	0.00%	259	$214,939	trimmed−21%	0.00 pp	3 q
JJacobs Solutions Inc.	0.00%	2,082	$262,332	trimmed−18%	−0.01 pp	3 q
OPENWOpendoor Technologies Inc Series K Warrants, each whole warrant exercisable to purchase one share of at an exercise price of $9.00 per	0.00%	19,069	$9,439	held	—	3 q
OPENLOpendoor Technologies Inc Series A Warrants, each whole warrant exercisable to purchase one share of at an exercise price of $13.00 per	0.00%	1,102	$312	held	—	3 q
YSSYork Space Systems Inc.	0.00%	11,245	$276,852	new	0.00 pp	new
SEESealed Air Corp New	—	−2,751,799	—	exited	−2.09 pp	—
AM6Amicus Therapeutics Inc	—	−5,753,186	—	exited	−1.50 pp	—
HOLXHologic Inc	—	−1,013,552	—	exited	−1.39 pp	—
CWANClearwater Analytics Hds-a	—	−2,941,405	—	exited	−1.26 pp	—
CRMSalesforce, Inc.	—	−361,291	—	exited	−1.22 pp	—
PENPenumbra, Inc.	—	−203,434	—	exited	−1.21 pp	—
TPHTri Pointe Homes, Inc.	—	−1,041,426	—	exited	−0.88 pp	—
OSOneStream, Inc. Class A	—	−1,830,222	—	exited	−0.79 pp	—
APLSApellis Pharmaceuticals, Inc.	—	−1,056,000	—	exited	−0.77 pp	—
DAWNDay One Biopharmaceuticals, Inc.	—	−1,539,100	—	exited	−0.60 pp	—
SEMSelect Medical Holdings Corp	—	−1,833,473	—	exited	−0.54 pp	—
unresolvedVeris Residential Inc	—	−1,533,840	—	exited	−0.52 pp	—
ACNAccenture PLC	—	−134,640	—	exited	−0.48 pp	—
ACLXArcellx, Inc.	—	−200,000	—	exited	−0.42 pp	—
8TGThermon Group Holdings Inc	—	−448,088	—	exited	−0.41 pp	—
AESAES Corporation	—	−1,557,000	—	exited	−0.40 pp	—
FWONKLiberty Media Corporation Series C	—	−246,933	—	exited	−0.38 pp	—
BXSLBlackstone Secured Lending Fund	—	−867,500	—	exited	−0.37 pp	—
HYGiShares iBoxx $ High Yield Corporate Bond ETF	—	−250,000	—	exited	−0.36 pp	—
GFSGlobalFoundries Inc.	—	−444,362	—	exited	−0.36 pp	—
MASIMasimo Corporation	—	−100,838	—	exited	−0.32 pp	—
628Semrush Holdings Inc-a	—	−1,482,627	—	exited	−0.32 pp	—
430Terns Pharmaceuticals Inc	—	−321,905	—	exited	−0.31 pp	—
DDDuPont de Nemours, Inc.	—	−122,667	—	exited	−0.30 pp	—
Vse Corpconvertible	—	−336,856	—	exited	−0.30 pp	—
EHABEnhabit, Inc.	—	−1,118,674	—	exited	−0.29 pp	—
CCOClear Channel Outdoor Holdings, Inc.	—	−5,407,175	—	exited	−0.23 pp	—
NSANational Storage Affiliates Trust	—	−317,432	—	exited	−0.22 pp	—
GDENGolden Entertainment, Inc.	—	−430,101	—	exited	−0.21 pp	—
VMRKVivmark Residential	—	−161,288	—	exited	−0.17 pp	—
UDMYUdemy, Inc.	—	−1,921,574	—	exited	−0.16 pp	—
GLGlobe Life Inc.	—	−59,695	—	exited	−0.15 pp	—
CFCF Industries Holding, Inc.	—	−57,849	—	exited	−0.14 pp	—
CRCLCircle Internet Group, Inc.	—	−75,686	—	exited	−0.13 pp	—
LBRDKLiberty Broadband Corporation Class C	—	−127,235	—	exited	−0.12 pp	—
EXCExelon Corporation	—	−104,734	—	exited	−0.09 pp	—
PKSTPeakstone Realty Trust	—	−247,802	—	exited	−0.09 pp	—
MDAMDA Space Ltd.	—	−200,000	—	exited	−0.09 pp	—
MKCMcCormick & Company, Incorporated Non-VTG CS	—	−102,761	—	exited	−0.09 pp	—
MIAXMiami International Holdings, Inc.	—	−132,600	—	exited	−0.09 pp	—
AMRZAmrize Ltd	—	−88,889	—	exited	−0.09 pp	—
BRCBBlack Rock Coffee Bar, Inc. Class A	—	−322,760	—	exited	−0.08 pp	—
ENSEnerSys, Inc.	—	−23,885	—	exited	−0.08 pp	—
WOLFWolfspeed, Inc.	—	−251,320	—	exited	−0.07 pp	—
BLSHBullish	—	−108,200	—	exited	−0.07 pp	—
EQPTEquipmentShare.com Inc Class A	—	−150,000	—	exited	−0.06 pp	—
DYDycom Industries, Inc.	—	−8,198	—	exited	−0.05 pp	—
GFUZGeneral Fusion Group Ltd.	—	−295,261	—	exited	−0.05 pp	—
ARRYArray Technologies, Inc.	—	−275,286	—	exited	−0.04 pp	—
CBCCentral Bancompany, Inc. Class A	—	−92,846	—	exited	−0.04 pp	—
FLRFluor Corporation	—	−50,814	—	exited	−0.04 pp	—
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF	—	−20,000	—	exited	−0.04 pp	—
OFRMOnce Upon a Farm, PBC	—	−150,000	—	exited	−0.04 pp	—
BOBSBobs Discount Furniture, Inc.	—	−120,000	—	exited	−0.03 pp	—
SHLSShoals Technologies Group, Inc. Class A	—	−288,976	—	exited	−0.03 pp	—
LNTAlliant Energy Corporation	—	−18,452	—	exited	−0.02 pp	—
BLLNBillionToOne, Inc. Class A	—	−14,500	—	exited	−0.02 pp	—
VOYGVoyager Technologies, Inc.	—	−51,600	—	exited	−0.02 pp	—
ACHCAcadia Healthcare Company, Inc.	—	−22,536	—	exited	−0.01 pp	—
AAAlcoa Corporation	—	−6,482	—	exited	−0.01 pp	—
CMCSAComcast Corp	—	−14,389	—	exited	−0.01 pp	—
DTEDTE Energy Company	—	−4,424	—	exited	−0.01 pp	—
KTOSKratos Defense & Security Solutions, Inc.	—	−5,000	—	exited	−0.01 pp	—
LULUlululemon athletica inc.	—	−2,450	—	exited	−0.01 pp	—
MPMP Materials Corp.	—	−9,442	—	exited	−0.01 pp	—
SMRNuScale Power Corporation	—	−70,360	—	exited	−0.01 pp	—
RPDRapid7, Inc.	—	−125,000	—	exited	−0.01 pp	—
STUBStubHub Holdings, Inc.	—	−125,000	—	exited	−0.01 pp	—
unresolvedCantor Equity Partners II In	—	−50,000	—	exited	−0.01 pp	—
BLDRBuilders FirstSource, Inc.	—	−2,656	—	exited	0.00 pp	—
CDZICADIZ, Inc.	—	−29,206	—	exited	0.00 pp	—
CODICompass Diversified	—	−24,616	—	exited	0.00 pp	—
FRMIFermi Inc.	—	−15,805	—	exited	0.00 pp	—
GOGrocery Outlet Holding Corp.	—	−36,891	—	exited	0.00 pp	—
LNCLincoln National Corp.	—	−7,287	—	exited	0.00 pp	—
PCTPureCycle Technologies, Inc.	—	−20,797	—	exited	0.00 pp	—
RKTRocket Companies, Inc.	—	−13,467	—	exited	0.00 pp	—
GRABGrab Holdings Limited Class A	—	−19,418	—	exited	0.00 pp	—

Other 13(f) securities

Options 12

Contract	% of notional	Shares	Notional
XLE PUT	20.37%	2,000,000	$106M
TSM PUT	15.57%	170,000	$81M
NVDA PUT	15.35%	400,000	$80M
CRWV PUT	12.41%	650,000	$65M
ESTC CALL	10.91%	997,700	$57M
SPY PUT	10.74%	75,000	$56M
FSLR CALL	4.52%	100,000	$24M
PEG PUT	3.89%	250,000	$20M
RIVN CALL	2.50%	750,000	$13M
HUN CALL	2.04%	1,000,000	$11M
RUN CALL	1.28%	500,000	$7M
VRNS CALL	0.43%	53,700	$2M

Notes 16

Issue	% of notes	Principal	Value
Global Payments Inc	14.26%	247,500,000	$223M
Bill Holdings Inc	11.61%	209,679,000	$181M
PG&E Corp	11.50%	175,000,000	$180M
Rivian Auto Inc	9.98%	131,565,000	$156M
Lumentum Holdings Inc	7.64%	18,256,000	$119M
Dropbox Inc	6.70%	103,500,000	$105M
Jd.com Inc	6.31%	100,000,000	$99M
Blackline Inc	5.97%	101,000,000	$93M
Lumentum Holdings Inc	5.65%	10,250,000	$88M
Snap Inc	4.61%	88,000,000	$72M
Southern Co	4.21%	65,000,000	$66M
Dexcom Inc	4.07%	67,977,000	$64M
Spirit Aerosystems Inc	3.45%	34,500,000	$54M
Advanced Energy Ind	2.94%	16,821,000	$46M
Snap Inc	0.59%	10,000,000	$9M
Jetblue Airways Corp	0.53%	7,500,000	$8M

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0000902664-26-003507
SEC cross-check: SEC data set not published yet

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