Q4 2025 · 13F-HR
Polar Capital Holdings Plcholdings as filed
Filed 2026-02-17 · accession 0001172661-26-000823
$25.88B
Reported value
264
Positions
2025-12-31
Period end
The Brief · Polar Capital Holdings Plc · Q4 2025
AI · grounded in 13F
Polar Capital Holdings Plc closed its position in ORCL, reducing its holdings by $252.8M. The fund also exited its position in DASH for a loss of $146.9M. On the buy side, the fund increased its stake in AAPL by 435.5% and GOOGL by 424.2%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.81B | 6.99% | 9,693,690 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $1.54B | 5.97% | 5,680,000 | CALL | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $1.26B | 4.85% | 4,000,000 | CALL | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $1.19B | 4.59% | 2,458,600 | CALL | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $940.3M | 3.63% | 2,716,852 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $590.9M | 2.28% | 2,759,230 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $578.9M | 2.24% | 877,058 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $515.0M | 1.99% | 1,064,849 | Common | SOLE |
| 512807306 | LRCX | LAM RESEARCH CORP | $492.0M | 1.90% | 2,873,948 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $487.9M | 1.89% | 1,558,761 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $473.8M | 1.83% | 1,509,724 | Common | SOLE |
| 482480100 | KLAC | KLA CORP | $415.8M | 1.61% | 342,199 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $400.4M | 1.55% | 1,472,639 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $379.4M | 1.47% | 1,029,297 | Common | SOLE |
| G7496G103 | RNR | RENAISSANCERE HLDGS LTD | $359.9M | 1.39% | 1,279,917 | Common | SOLE |
| G7997R103 | STX | SEAGATE TECHNOLOGY HLDNGS PL | $338.6M | 1.31% | 1,229,410 | Common | SOLE |
| G0450A105 | ACGL | ARCH CAP GROUP LTD | $319.4M | 1.23% | 3,330,000 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $315.9M | 1.22% | 1,368,783 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $314.9M | 1.22% | 1,705,912 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $313.4M | 1.21% | 1,098,037 | Common | SOLE |
| 171779309 | CIEN | CIENA CORP | $301.6M | 1.17% | 1,289,427 | Common | SOLE |
| 80004C200 | SNDK | SANDISK CORP | $301.1M | 1.16% | 1,268,237 | Common | SOLE |
| 15101Q207 | CLS | CELESTICA INC | $298.9M | 1.15% | 1,011,058 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $287.7M | 1.11% | 267,662 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $270.2M | 1.04% | 1,678,793 | Common | SOLE |
| G3323L100 | FN | FABRINET | $251.3M | 0.97% | 551,916 | Common | SOLE |
| H1467J104 | CB | CHUBB LIMITED | $223.2M | 0.86% | 715,000 | Common | SOLE |
| Y2573F102 | FLEX | FLEX LTD | $223.1M | 0.86% | 3,693,141 | Common | SOLE |
| 219350105 | GLW | CORNING INC | $200.2M | 0.77% | 2,285,993 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $200.1M | 0.77% | 766,028 | Common | SOLE |
| 18915M107 | NET | CLOUDFLARE INC | $183.4M | 0.71% | 930,366 | Common | SOLE |
| 60937P106 | MDB | MONGODB INC | $181.0M | 0.70% | 431,207 | Common | SOLE |
| 87305R109 | TTMI | TTM TECHNOLOGIES INC | $179.2M | 0.69% | 2,597,412 | Common | SOLE |
| 571748102 | MRSH | MARSH & MCLENNAN COS INC | $179.0M | 0.69% | 965,000 | Common | SOLE |
| 084423102 | WRB | BERKLEY W R CORP | $171.4M | 0.66% | 2,445,000 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $165.6M | 0.64% | 368,145 | Common | SOLE |
| 570535104 | MKL | MARKEL GROUP INC | $165.5M | 0.64% | 77,000 | Common | SOLE |
| 040413205 | ANET | ARISTA NETWORKS INC | $163.1M | 0.63% | 1,244,655 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $162.7M | 0.63% | 241,533 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $162.1M | 0.63% | 248,022 | Common | SOLE |
| 03969K108 | ARQT | ARCUTIS BIOTHERAPEUTICS INC | $161.4M | 0.62% | 5,556,169 | Common | SOLE |
| 76155X100 | RVMD | REVOLUTION MEDICINES INC | $160.4M | 0.62% | 2,013,791 | Common | SOLE |
| G3198U102 | ESNT | ESSENT GROUP LTD | $159.3M | 0.62% | 2,450,000 | Common | SOLE |
| G25457105 | CRDO | CREDO TECHNOLOGY GROUP HOLDI | $158.4M | 0.61% | 1,100,727 | Common | SOLE |
| 75886F107 | REGN | REGENERON PHARMACEUTICALS | $158.2M | 0.61% | 204,927 | Common | SOLE |
| 558868105 | MDGL | MADRIGAL PHARMACEUTICALS INC | $157.3M | 0.61% | 270,151 | Common | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $157.3M | 0.61% | 913,192 | Common | SOLE |
| 881624209 | TEVA | TEVA PHARMACEUTICAL INDS LTD | $155.7M | 0.60% | 4,987,690 | Common | SOLE |
| 670703107 | NUVL | NUVALENT INC | $154.6M | 0.60% | 1,536,859 | Common | SOLE |
| 23282W605 | CYTK | CYTOKINETICS INC | $153.9M | 0.59% | 2,422,612 | Common | SOLE |
| 89417E109 | TRV | TRAVELERS COMPANIES INC | $142.1M | 0.55% | 490,000 | Common | SOLE |
| G3223R108 | EG | EVEREST GROUP LTD | $136.9M | 0.53% | 403,500 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $134.1M | 0.52% | 827,785 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $127.4M | 0.49% | 1,654,163 | Common | SOLE |
| 76243J105 | RYTM | RHYTHM PHARMACEUTICALS INC | $126.9M | 0.49% | 1,185,392 | Common | SOLE |
| 833445109 | SNOW | SNOWFLAKE INC | $125.9M | 0.49% | 573,823 | Common | SOLE |
| 75734B100 | RDDT | REDDIT INC | $124.7M | 0.48% | 542,583 | Common | SOLE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $120.4M | 0.47% | 1,064,954 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $119.1M | 0.46% | 402,108 | Common | SOLE |
| 759351604 | RGA | REINSURANCE GRP OF AMERICA I | $117.7M | 0.45% | 578,425 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP NEW | $115.2M | 0.45% | 852,169 | Common | SOLE |
| 04626A103 | ALAB | ASTERA LABS INC | $113.9M | 0.44% | 684,453 | Common | SOLE |
| 98420N105 | XENE | XENON PHARMACEUTICALS INC | $110.5M | 0.43% | 2,465,694 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $108.4M | 0.42% | 6,472,724 | Common | SOLE |
| 462222100 | IONS | IONIS PHARMACEUTICALS INC | $105.5M | 0.41% | 1,333,424 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $103.2M | 0.40% | 453,000 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $101.2M | 0.39% | 2,741,222 | Common | SOLE |
| 74624M102 | P | PURE STORAGE INC | $99.9M | 0.39% | 1,491,444 | Common | SOLE |
| 10806X102 | BBIO | BRIDGEBIO PHARMA INC | $99.4M | 0.38% | 1,299,346 | Common | SOLE |
| N62509109 | NAMS | NEWAMSTERDAM PHARMA COMPANY | $97.4M | 0.38% | 2,776,222 | Common | SOLE |
| 02043Q107 | ALNY | ALNYLAM PHARMACEUTICALS INC | $95.7M | 0.37% | 240,606 | Common | SOLE |
| 03753U106 | APLSUSD | APELLIS PHARMACEUTICALS INC | $93.1M | 0.36% | 3,706,510 | Common | SOLE |
| 78351F107 | RYAN | RYAN SPECIALTY HOLDINGS INC | $91.9M | 0.36% | 1,780,000 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $86.6M | 0.33% | 590,917 | Common | SOLE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC | $85.4M | 0.33% | 182,246 | Common | SOLE |
| 04351P101 | ASNDUSD | ASCENDIS PHARMA A/S | $79.0M | 0.31% | 370,473 | Common | SOLE |
| 405166109 | HGTY | HAGERTY INC | $77.5M | 0.30% | 5,767,416 | Common | SOLE |
| 92243G108 | PCVX | VAXCYTE INC | $77.2M | 0.30% | 1,672,783 | Common | SOLE |
| 093712107 | BE | BLOOM ENERGY CORP | $76.2M | 0.29% | 877,359 | Common | SOLE |
| 115236101 | BRO | BROWN & BROWN INC | $73.7M | 0.28% | 925,000 | Common | SOLE |
| 89677Q107 | TCOM | TRIP COM GROUP LTD | $71.8M | 0.28% | 999,029 | Common | SOLE |
| G4124C109 | GRAB | GRAB HOLDINGS LIMITED | $71.8M | 0.28% | 14,388,355 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $67.4M | 0.26% | 117,615 | Common | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $65.5M | 0.25% | 577,391 | Common | SOLE |
| 604749101 | MIRM | MIRUM PHARMACEUTICALS INC | $62.7M | 0.24% | 793,642 | Common | SOLE |
| 457669307 | INSM | INSMED INC | $59.9M | 0.23% | 344,228 | Common | SOLE |
| G76279101 | ROIV | ROIVANT SCIENCES LTD | $58.4M | 0.23% | 2,690,124 | Common | SOLE |
| 80706P103 | SRRK | SCHOLAR ROCK HLDG CORP | $58.2M | 0.23% | 1,322,011 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $57.7M | 0.22% | 452,378 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $56.3M | 0.22% | 27,951 | Common | SOLE |
| 898202106 | TRUP | TRUPANION INC | $55.1M | 0.21% | 1,475,000 | Common | SOLE |
| 450056106 | IRTC | IRHYTHM TECHNOLOGIES INC | $54.7M | 0.21% | 308,100 | Common | SOLE |
| 29337E102 | ELVN | ENLIVEN THERAPEUTICS INC | $54.1M | 0.21% | 3,513,680 | Common | SOLE |
| 834203309 | SLNO | SOLENO THERAPEUTICS INC | $52.6M | 0.20% | 1,136,929 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $51.1M | 0.20% | 101,602 | Common | SOLE |
| 92826C839 | V | VISA INC | $51.1M | 0.20% | 145,583 | Common | SOLE |
| 603170101 | MLYS | MINERALYS THERAPEUTICS INC | $50.8M | 0.20% | 1,401,141 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $50.6M | 0.20% | 647,217 | Common | SOLE |
| 805111101 | SVRA | SAVARA INC | $50.1M | 0.19% | 8,306,196 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $49.9M | 0.19% | 118,287 | Common | SOLE |
| 29261A100 | EHC | ENCOMPASS HEALTH CORP | $49.8M | 0.19% | 469,514 | Common | SOLE |
| 001055102 | AFL | AFLAC INC | $49.4M | 0.19% | 448,000 | Common | SOLE |
| 750491102 | RDNT | RADNET INC | $47.0M | 0.18% | 658,051 | Common | SOLE |
| 156944100 | CGON | CG ONCOLOGY INC | $45.6M | 0.18% | 1,098,662 | Common | SOLE |
| 641288105 | NPCE | NEUROPACE INC | $44.4M | 0.17% | 2,878,523 | Common | SOLE |
| 749607107 | RLI | RLI CORP | $44.0M | 0.17% | 687,500 | Common | SOLE |
| 877619106 | TSHA | TAYSHA GENE THERAPIES INC | $43.6M | 0.17% | 7,931,403 | Common | SOLE |
| V5633W109 | MMYT | MAKEMYTRIP LIMITED MAURITIUS | $42.7M | 0.16% | 519,857 | Common | SOLE |
| 45784P101 | PODD | INSULET CORP | $42.2M | 0.16% | 148,299 | Common | SOLE |
| 252828108 | DNTH | DIANTHUS THERAPEUTICS INC | $41.4M | 0.16% | 1,004,728 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $40.8M | 0.16% | 366,034 | Common | SOLE |
| 86150R107 | STOK | STOKE THERAPEUTICS INC | $40.3M | 0.16% | 1,269,131 | Common | SOLE |
| 192446102 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $40.0M | 0.15% | 482,096 | Common | SOLE |
| 98937L105 | ZBIO | ZENAS BIOPHARMA INC | $38.4M | 0.15% | 1,057,609 | Common | SOLE |
| 03770N101 | APGE | APOGEE THERAPEUTICS INC | $38.0M | 0.15% | 503,539 | Common | SOLE |
| 46266C105 | IQV | IQVIA HLDGS INC | $36.0M | 0.14% | 159,543 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $35.4M | 0.14% | 61,164 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $35.4M | 0.14% | 109,733 | Common | SOLE |
| 10240L102 | BOW | BOWHEAD SPECIALTY HLDGS INC | $35.0M | 0.14% | 1,225,000 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $34.9M | 0.13% | 215,430 | Common | SOLE |
| 912008109 | USFD | US FOODS HLDG CORP | $34.5M | 0.13% | 458,296 | Common | SOLE |
| 68062P106 | OLMA | OLEMA PHARMACEUTICALS INC | $34.5M | 0.13% | 1,380,450 | Common | SOLE |
| M6191J100 | FROG | JFROG LTD | $34.3M | 0.13% | 548,383 | Common | SOLE |
| 31847R102 | FAF | FIRST AMERN FINL CORP | $33.2M | 0.13% | 540,000 | Common | SOLE |
| 008252108 | AMG | AFFILIATED MANAGERS GROUP IN | $30.9M | 0.12% | 107,245 | Common | SOLE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $30.6M | 0.12% | 411,776 | Common | SOLE |
| G51502105 | JCI | JOHNSON CTLS INTL PLC | $30.5M | 0.12% | 254,632 | Common | SOLE |
| 75383L102 | RAPP | RAPPORT THERAPEUTICS INC | $30.5M | 0.12% | 1,004,728 | Common | SOLE |
| 92337C203 | VSTM | VERASTEM INC | $30.3M | 0.12% | 3,925,126 | Common | SOLE |
| 48020Q107 | JLL | JONES LANG LASALLE INC | $29.9M | 0.12% | 88,860 | Common | SOLE |
| 687604108 | ORKA | ORUKA THERAPEUTICS INC | $29.7M | 0.11% | 978,288 | Common | SOLE |
| 126650100 | CVS | CVS HEALTH CORP | $29.4M | 0.11% | 370,982 | Common | SOLE |
| 247361702 | DAL | DELTA AIR LINES INC DEL | $28.6M | 0.11% | 411,387 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $27.7M | 0.11% | 102,231 | Common | SOLE |
| 12541W209 | CHRW | C H ROBINSON WORLDWIDE INC | $27.4M | 0.11% | 170,431 | Common | SOLE |
| 15117B202 | CLDX | CELLDEX THERAPEUTICS INC NEW | $27.4M | 0.11% | 1,008,163 | Common | SOLE |
| G0896C103 | TBBB | BBB FOODS INC | $27.4M | 0.11% | 819,901 | Common | SOLE |
| 10806XAD4 | BBIO 2.25 02/01/29 | BRIDGEBIO PHARMA INC | $27.0M | 0.10% | 24,000,000 | Common | SOLE |
| 15135B101 | CNC | CENTENE CORP DEL | $26.3M | 0.10% | 640,127 | Common | SOLE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $25.9M | 0.10% | 145,520 | Common | SOLE |
| 45841N107 | IBKR | INTERACTIVE BROKERS GROUP IN | $25.1M | 0.10% | 390,385 | Common | SOLE |
| 26818M108 | DYN | DYNE THERAPEUTICS INC | $24.8M | 0.10% | 1,269,131 | Common | SOLE |
| 773121108 | RKLB | ROCKET LAB CORP | $24.6M | 0.09% | 351,930 | Common | SOLE |
| 05722G100 | BKR | BAKER HUGHES COMPANY | $24.3M | 0.09% | 533,694 | Common | SOLE |
| 00773J202 | SYRE | SPYRE THERAPEUTICS INC | $24.3M | 0.09% | 740,326 | Common | SOLE |
| 58155Q103 | MCK | MCKESSON CORP | $24.0M | 0.09% | 29,280 | Common | SOLE |
| 199908104 | FIX | COMFORT SYS USA INC | $23.5M | 0.09% | 25,225 | Common | SOLE |
| 55306N104 | MKSI | MKS INC. | $22.9M | 0.09% | 143,498 | Common | SOLE |
| 125523100 | CI | THE CIGNA GROUP | $22.2M | 0.09% | 80,705 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $21.7M | 0.08% | 4,059 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $21.5M | 0.08% | 391,610 | Common | SOLE |
| 98423F109 | XMTR | XOMETRY INC | $21.5M | 0.08% | 361,330 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $19.9M | 0.08% | 242,969 | Common | SOLE |
| 448579102 | H | HYATT HOTELS CORP | $19.3M | 0.07% | 120,593 | Common | SOLE |
| 955306105 | WST | WEST PHARMACEUTICAL SVSC INC | $19.1M | 0.07% | 69,332 | Common | SOLE |
| 252131107 | DXCM | DEXCOM INC | $19.0M | 0.07% | 285,744 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $18.9M | 0.07% | 33,044 | Common | SOLE |
| 001084102 | AGCO | AGCO CORP | $18.7M | 0.07% | 178,965 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $18.6M | 0.07% | 421,467 | Common | SOLE |
| 531229755 | FWONK | LIBERTY MEDIA CORP DEL | $18.4M | 0.07% | 187,290 | Common | SOLE |
| 70975L107 | PEN | PENUMBRA INC | $18.1M | 0.07% | 58,168 | Common | SOLE |
| 82982T106 | SITM | SITIME CORP | $17.8M | 0.07% | 50,300 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $17.1M | 0.07% | 100,144 | Common | SOLE |
| 45257U108 | IMNM | IMMUNOME INC | $17.0M | 0.07% | 793,364 | Common | SOLE |
| 780087102 | RY | ROYAL BK CDA | $16.7M | 0.06% | 97,748 | Common | SOLE |
| 871829107 | SYY | SYSCO CORP | $16.5M | 0.06% | 223,714 | Common | SOLE |
| G8068L108 | SN | SHARKNINJA INC | $16.4M | 0.06% | 146,694 | Common | SOLE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $16.2M | 0.06% | 34,755 | Common | SOLE |
| 40131M109 | GH | GUARDANT HEALTH INC | $16.1M | 0.06% | 157,485 | Common | SOLE |
| 036752103 | ELV | ELEVANCE HEALTH INC FORMERLY | $15.8M | 0.06% | 45,068 | Common | SOLE |
| 501575104 | KYMR | KYMERA THERAPEUTICS INC | $15.6M | 0.06% | 200,946 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $15.2M | 0.06% | 786,838 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $14.9M | 0.06% | 40,360 | Common | SOLE |
| 925550105 | VIAV | VIAVI SOLUTIONS INC | $14.9M | 0.06% | 836,504 | Common | SOLE |
| G02602103 | DOX | AMDOCS LTD | $14.4M | 0.06% | 179,344 | Common | SOLE |
| 537008104 | LFUS | LITTELFUSE INC | $14.4M | 0.06% | 57,085 | Common | SOLE |
| 278865100 | ECL | ECOLAB INC | $14.1M | 0.05% | 53,782 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $13.8M | 0.05% | 118,672 | Common | SOLE |
| 225310101 | CACC | CREDIT ACCEP CORP MICH | $13.8M | 0.05% | 31,041 | Common | SOLE |
| 21874C102 | CNM | CORE & MAIN INC | $13.6M | 0.05% | 262,079 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $13.4M | 0.05% | 52,000 | Common | SOLE |
| 05464C101 | AXON | AXON ENTERPRISE INC | $12.9M | 0.05% | 22,718 | Common | SOLE |
| 90400D108 | RARE | ULTRAGENYX PHARMACEUTICAL IN | $12.8M | 0.05% | 556,628 | Common | SOLE |
| 37959E102 | GL | GLOBE LIFE INC | $12.8M | 0.05% | 91,164 | Common | SOLE |
| 942749102 | WTS | WATTS WATER TECHNOLOGIES INC | $12.5M | 0.05% | 45,248 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $12.1M | 0.05% | 142,000 | Common | SOLE |
| 617446448 | MS | MORGAN STANLEY | $12.0M | 0.05% | 67,532 | Common | SOLE |
| 00217D100 | ASTS | AST SPACEMOBILE INC | $11.9M | 0.05% | 164,483 | Common | SOLE |
| 90138F102 | TWLO | TWILIO INC | $11.9M | 0.05% | 83,794 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $10.9M | 0.04% | 20,777 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $10.8M | 0.04% | 48,428 | Common | SOLE |
| N6596X109 | NXPI | NXP SEMICONDUCTORS N V | $10.7M | 0.04% | 49,500 | Common | SOLE |
| 00827BAD8 | AFRM 0.75 12/15/29 | AFFIRM HLDGS INC | $10.6M | 0.04% | 9,500,000 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $10.6M | 0.04% | 702,794 | Common | SOLE |
| 911363109 | URI | UNITED RENTALS INC | $10.4M | 0.04% | 12,891 | Common | SOLE |
| 29286M105 | — | ENGENE HOLDINGS INC | $10.3M | 0.04% | 1,142,982 | Common | SOLE |
| 29415C101 | EOSE | EOS ENERGY ENTERPRISES INC | $10.1M | 0.04% | 878,000 | Common | SOLE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $10.0M | 0.04% | 86,226 | Common | SOLE |
| 45258DAB1 | IMCR 2.5 02/01/30 | IMMUNOCORE HLDGS PLC | $10.0M | 0.04% | 11,000,000 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $9.9M | 0.04% | 40,961 | Common | SOLE |
| 78464A698 | KRE | SPDR SERIES TRUST | $9.7M | 0.04% | 150,000 | CALL | SOLE |
| 46124U107 | IVA | INVENTIVA SA | $9.3M | 0.04% | 1,998,880 | Common | SOLE |
| 57638P104 | MBC | MASTERBRAND INC | $9.2M | 0.04% | 833,400 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE INC | $8.8M | 0.03% | 57,003 | Common | SOLE |
| 416515104 | HIG | HARTFORD INSURANCE GROUP INC | $8.4M | 0.03% | 61,294 | Common | SOLE |
| 983793100 | XPO | XPO INC | $8.4M | 0.03% | 61,700 | Common | SOLE |
| 31620M106 | FIS | FIDELITY NATL INFORMATION SV | $8.4M | 0.03% | 125,676 | Common | SOLE |
| 609839105 | MPWR | MONOLITHIC PWR SYS INC | $8.3M | 0.03% | 9,180 | Common | SOLE |
| 683715106 | OTEX | OPEN TEXT CORP | $8.2M | 0.03% | 280,780 | Common | SOLE |
| 771049103 | RBLX | ROBLOX CORP | $8.2M | 0.03% | 100,706 | Common | SOLE |
| 12504L109 | CBRE | CBRE GROUP INC | $8.0M | 0.03% | 49,991 | Common | SOLE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $7.5M | 0.03% | 72,518 | Common | SOLE |
| F92124100 | TTE | TOTALENERGIES SE | $7.4M | 0.03% | 112,719 | Common | SOLE |
| M87915274 | TSEM | TOWER SEMICONDUCTOR LTD | $7.3M | 0.03% | 62,559 | Common | SOLE |
| 04351PAD3 | ASND 2.25 04/01/28 | ASCENDIS PHARMA A/S | $7.1M | 0.03% | 5,000,000 | Common | SOLE |
| 74164F103 | PRIM | PRIMORIS SVCS CORP | $7.1M | 0.03% | 57,050 | Common | SOLE |
| 61023L207 | MNPR | MONOPAR THERAPEUTICS INC | $6.9M | 0.03% | 105,750 | Common | SOLE |
| 861896108 | SNEX | STONEX GROUP INC | $6.8M | 0.03% | 71,055 | Common | SOLE |
| N69605108 | PHVS | PHARVARIS N V | $6.6M | 0.03% | 237,962 | Common | SOLE |
| 19240QAA0 | COGT 1.625 11/15/31 | COGENT BIOSCIENCES INC | $6.4M | 0.02% | 5,500,000 | Common | SOLE |
| 343412AJ1 | FLR 1.125 08/15/29 | FLUOR CORP | $6.3M | 0.02% | 5,500,000 | Common | SOLE |
| 67059NAH1 | NTNX 0.25 10/01/27 | NUTANIX INC | $5.6M | 0.02% | 5,000,000 | Common | SOLE |
| 36118L106 | FUTU | FUTU HLDGS LTD | $5.5M | 0.02% | 33,605 | Common | SOLE |
| 59356Q108 | MIAX | MIAMI INTL HLDGS INC | $5.5M | 0.02% | 123,992 | Common | SOLE |
| 55826TAB8 | SPHR 3.5 12/01/28 | SPHERE ENTERTAINMENT CO | $5.5M | 0.02% | 2,000,000 | Common | SOLE |
| 453204109 | PI | IMPINJ INC | $5.2M | 0.02% | 30,105 | Common | SOLE |
| 682189105 | ON | ON SEMICONDUCTOR CORP | $5.1M | 0.02% | 94,600 | Common | SOLE |
| 947890109 | WBS | WEBSTER FINL CORP | $5.1M | 0.02% | 81,202 | Common | SOLE |
| 19260QAB3 | COIN 0.5 06/01/26 | COINBASE GLOBAL INC | $5.0M | 0.02% | 5,000,000 | Common | SOLE |
| 090043AF7 | BILL 0 04/01/30 | BILL HOLDINGS INC | $4.6M | 0.02% | 5,000,000 | Common | SOLE |
| 163086AE1 | CHEF 2.375 12/15/28 | CHEFS WHSE INC | $4.5M | 0.02% | 3,000,000 | Common | SOLE |
| 03990B101 | ARES | ARES MANAGEMENT CORPORATION | $4.4M | 0.02% | 27,313 | Common | SOLE |
| 68622P109 | ORIC | ORIC PHARMACEUTICALS INC | $4.1M | 0.02% | 502,364 | Common | SOLE |
| 29786AAN6 | ETSY 0.25 06/15/28 | ETSY INC | $4.0M | 0.02% | 4,500,000 | Common | SOLE |
| 89055F103 | BLD | TOPBUILD CORP | $3.9M | 0.01% | 9,250 | Common | SOLE |
| 35834FAB0 | TE 5.25 12/01/30 | T1 ENERGY INC | $3.8M | 0.01% | 3,000,000 | Common | SOLE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $3.6M | 0.01% | 6,317 | Common | SOLE |
| 89422GAA5 | TVTX 2.25 03/01/29 | TRAVERE THERAPEUTICS INC | $3.5M | 0.01% | 2,500,000 | Common | SOLE |
| 686688AB8 | ORA 2.5 07/15/27 | ORMAT TECHNOLOGIES INC | $3.4M | 0.01% | 2,500,000 | Common | SOLE |
| 349915AE8 | FVICN 3.75 06/30/29 | FORTUNA MNG CORP | $3.4M | 0.01% | 2,000,000 | Common | SOLE |
| 006739106 | ADUS | ADDUS HOMECARE CORP | $3.2M | 0.01% | 29,459 | Common | SOLE |
| 345370CZ1 | F 0 03/15/26 | FORD MTR CO | $3.1M | 0.01% | 3,000,000 | Common | SOLE |
| 477143AR2 | JBLU 2.5 09/01/29 | JETBLUE AIRWAYS CORP | $2.9M | 0.01% | 3,000,000 | Common | SOLE |
| 29358P101 | ENSG | ENSIGN GROUP INC | $2.9M | 0.01% | 16,619 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $2.6M | 0.01% | 11,407 | Common | SOLE |
| 50202MAB8 | LI 0.25 05/01/28 | LI AUTO INC | $2.5M | 0.01% | 2,500,000 | Common | SOLE |
| 47215PAJ5 | JD 0.25 06/01/29 | JD.COM INC | $2.5M | 0.01% | 2,500,000 | Common | SOLE |
| 553368101 | MP | MP MATERIALS CORP | $2.3M | 0.01% | 46,500 | Common | SOLE |
| 16359R103 | CHE | CHEMED CORP NEW | $2.2M | 0.01% | 5,098 | Common | SOLE |
| 23282W605 | CYTK | CYTOKINETICS INC | $2.1M | 0.01% | 33,000 | PUT | SOLE |
| 632307104 | NTRA | NATERA INC | $1.9M | 0.01% | 8,351 | Common | SOLE |
| 76954AAB9 | RIVN 4.625 03/15/29 | RIVIAN AUTOMOTIVE INC | $1.9M | 0.01% | 1,500,000 | Common | SOLE |
| 74275K108 | PCOR | PROCORE TECHNOLOGIES INC | $1.7M | 0.01% | 23,200 | Common | SOLE |
| 30212PBE4 | EXPE 0 02/15/26 | EXPEDIA GROUP INC | $1.7M | 0.01% | 1,500,000 | Common | SOLE |
| 15102KAA8 | CELC 2.75 08/01/31 | CELCUITY INC | $1.6M | 0.01% | 750,000 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $1.3M | 0.00% | 3,020 | Common | SOLE |
| 531229AQ5 | FWONK 2.25 08/15/27 | LIBERTY MEDIA CORP DEL | $1.3M | 0.00% | 1,000,000 | Common | SOLE |
| 52490G102 | LEGN | LEGEND BIOTECH CORP | $1.1M | 0.00% | 52,893 | Common | SOLE |
| 23804LAD5 | DDOG 0 12/01/29 | DATADOG INC | $601,092 | 0.00% | 600,000 | Common | SOLE |
| 64110W102 | NTES | NETEASE INC | $240,835 | 0.00% | 1,750 | Common | SOLE |
| 759916109 | RGEN | REPLIGEN CORP | $201,548 | 0.00% | 1,230 | Common | SOLE |
| 53228F101 | LFST | LIFESTANCE HEALTH GROUP INC | $146,925 | 0.00% | 20,870 | Common | SOLE |
| 85916J409 | STXS | STEREOTAXIS INC | $40,630 | 0.00% | 17,665 | Common | SOLE |
| 38246G108 | GDRX | GOODRX HLDGS INC | $27,100 | 0.00% | 10,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.