Q4 2025 · 13F-HR
QVT Financial LPholdings as filed
Filed 2026-02-13 · accession 0001193125-26-051104
$1.17B
Reported value
56
Positions
2025-12-31
Period end
The Brief · QVT Financial LP · Q4 2025
AI · grounded in 13F
QVT Financial LP closed its position in HYG, reducing exposure by $243.57M. The fund also exited its position in TRML for $103.06M and established a new position in AAPL valued at $20.75M. Additionally, the fund increased its share counts in NVDA by 692.6% and KMX by 557.1%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| G76279101 | ROIV | ROIVANT SCIENCES LTD | $572.6M | 49.1% | 26,387,021 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $76.0M | 6.51% | 180,000 | PUT | SOLE |
| M0854Q105 | ALLT | ALLOT LTD | $49.8M | 4.27% | 5,062,523 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $45.5M | 3.90% | 51,773 | Common | SOLE |
| Y64177101 | ECO | OKEANIS ECO TANKERS COR | $43.4M | 3.72% | 1,423,997 | Common | SOLE |
| 65336K103 | NXST | NEXSTAR MEDIA GROUP INC | $31.5M | 2.70% | 155,281 | Common | SOLE |
| 64031N108 | NNI | NELNET INC | $30.5M | 2.62% | 229,665 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $26.3M | 2.26% | 42,810 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $25.5M | 2.19% | 136,645 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $24.1M | 2.07% | 47,946 | Common | SOLE |
| G2130T108 | INFQ | CHURCHILL CAP CORP X | $23.0M | 1.97% | 1,472,968 | Common | SOLE |
| 650111107 | NYT | NEW YORK TIMES CO | $22.0M | 1.89% | 316,947 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $20.8M | 1.78% | 76,337 | Common | SOLE |
| 46222L108 | IONQ | IONQ INC | $18.2M | 1.56% | 405,000 | PUT | SOLE |
| 26740W109 | QBTS | D-WAVE QUANTUM INC | $16.8M | 1.44% | 641,500 | PUT | SOLE |
| 56087FAB0 | MMYT 0 02/15/28 | MAKEMYTRIP LIMITED MAURITIUS | $14.0M | 1.20% | 6,500,000 | Common | SOLE |
| G9001E128 | LILAK | LIBERTY LATIN AMERICA LTD | $13.1M | 1.12% | 1,749,467 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $12.7M | 1.09% | 30,000 | Common | SOLE |
| 03676C100 | ATEX | ANTERIX INC | $11.0M | 0.94% | 503,941 | Common | SOLE |
| 00032Q104 | WHWK | WHITEHAWK THERAPEUTICS INC | $10.6M | 0.91% | 4,615,709 | Common | SOLE |
| 143130102 | KMX | CARMAX INC | $8.9M | 0.76% | 230,000 | Common | SOLE |
| 47103U845 | JAAA | JANUS DETROIT STR TR | $7.5M | 0.64% | 148,582 | Common | SOLE |
| 205826209 | CMTL | COMTECH TELECOMMUNICATIONS C | $7.0M | 0.60% | 1,392,352 | Common | SOLE |
| 86627T108 | SMMT | SUMMIT THERAPEUTICS INC | $6.3M | 0.54% | 360,524 | Common | SOLE |
| 09261X102 | BXSL | BLACKSTONE SECD LENDING FD | $6.1M | 0.52% | 232,218 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $6.1M | 0.52% | 17,583 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $5.9M | 0.51% | 208,634 | Common | SOLE |
| 04016X101 | ARGX | ARGENX SE | $4.4M | 0.38% | 5,218 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $2.8M | 0.24% | 5,879 | Common | SOLE |
| 25809K105 | DASH | DOORDASH INC | $2.2M | 0.19% | 9,786 | Common | SOLE |
| 76655K103 | RGTI | RIGETTI COMPUTING INC | $2.2M | 0.19% | 100,000 | PUT | SOLE |
| G1110E107 | BHVN | BIOHAVEN LTD | $1.9M | 0.16% | 170,006 | Common | SOLE |
| 462260100 | IOVA | IOVANCE BIOTHERAPEUTICS INC | $1.9M | 0.16% | 678,564 | Common | SOLE |
| 389375106 | GTN | GRAY MEDIA INC | $1.4M | 0.12% | 291,452 | Common | SOLE |
| 60937P106 | MDB | MONGODB INC | $1.3M | 0.12% | 3,205 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $1.2M | 0.10% | 3,903 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $1.1M | 0.09% | 2,189 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $1.0M | 0.09% | 4,822 | Common | SOLE |
| G4939KAF3 | IQ 6.5 03/15/28 | IQIYI INC | $1.0M | 0.09% | 1,000,000 | Common | SOLE |
| 55955D100 | MGNI | MAGNITE INC | $994,785 | 0.09% | 61,293 | Common | SOLE |
| M2682V108 | CYBR | CYBERARK SOFTWARE LTD | $881,861 | 0.08% | 1,977 | Common | SOLE |
| 009066101 | ABNB | AIRBNB INC | $700,179 | 0.06% | 5,159 | Common | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $685,102 | 0.06% | 6,042 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $670,440 | 0.06% | 4,165 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $659,670 | 0.06% | 979 | Common | SOLE |
| 23804L103 | DDOG | DATADOG INC | $621,474 | 0.05% | 4,570 | Common | SOLE |
| 55405Y100 | MTSI | MACOM TECH SOLUTIONS HLDGS I | $605,304 | 0.05% | 3,534 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $555,059 | 0.05% | 5,920 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $398,856 | 0.03% | 2,161 | Common | SOLE |
| G2130T116 | INFQ/WS | CHURCHILL CAP CORP X | $385,000 | 0.03% | 50,000 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $359,875 | 0.03% | 2,811 | Common | SOLE |
| 67059N108 | NTNX | NUTANIX INC | $296,184 | 0.03% | 5,730 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $284,036 | 0.02% | 1,542 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $253,529 | 0.02% | 1,655 | Common | SOLE |
| 89677Q107 | TCOM | TRIP COM GROUP LTD | $206,166 | 0.02% | 2,867 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $204,507 | 0.02% | 4,630 | 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.