Q3 2025 · 13F-HR
683 Capital Management, LLCholdings as filed
Filed 2025-11-14 · accession 0001404574-25-000002
$1.91B
Reported value
139
Positions
2025-09-30
Period end
The Brief · 683 Capital Management, LLC · Q3 2025
AI · grounded in 13F
683 Capital Management, LLC established a new position in UTHR valued at $31.5M. The fund closed several positions, including C for $12.8M, SG7 for $10.5M, and VIGL for $10M. Other notable activity includes increasing shares of INSM by 662.2% and PLTR by 65.5%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $206.9M | 10.8% | 1,134,100 | PUT | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $114.5M | 5.98% | 150,000 | PUT | SOLE |
| 88160R101 | TSLA | TESLA INC | $93.6M | 4.89% | 210,500 | PUT | SOLE |
| 558868105 | MDGL | MADRIGAL PHARMACEUTICALS INC | $69.7M | 3.64% | 152,000 | PUT | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $69.1M | 3.61% | 325,000 | Common | SOLE |
| N90064101 | QURE | UNIQURE NV | $62.5M | 3.26% | 1,070,000 | Common | SOLE |
| 02043Q107 | ALNY | ALNYLAM PHARMACEUTICALS INC | $61.9M | 3.23% | 135,700 | PUT | SOLE |
| 146869102 | CVNA | CARVANA CO | $56.6M | 2.96% | 150,000 | Common | SOLE |
| 457669307 | INSM | INSMED INC | $54.0M | 2.82% | 375,000 | PUT | SOLE |
| 91823B109 | UWMC | UWM HOLDINGS CORPORATION | $45.1M | 2.35% | 7,400,000 | Common | SOLE |
| 594972408 | MSTR | STRATEGY INC | $44.7M | 2.33% | 138,600 | PUT | SOLE |
| 36262G101 | GXO | GXO LOGISTICS INCORPORATED | $41.0M | 2.14% | 775,000 | Common | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $40.7M | 2.13% | 339,000 | Common | SOLE |
| 670100205 | NVO | NOVO-NORDISK A S | $33.2M | 1.74% | 599,200 | PUT | SOLE |
| 91307C102 | UTHR | UNITED THERAPEUTICS CORP DEL | $31.5M | 1.65% | 75,200 | PUT | SOLE |
| 023939101 | AMTM | AMENTUM HOLDINGS INC | $30.5M | 1.60% | 1,275,000 | Common | SOLE |
| 10806XAB8 | BBIO 2.5 03/15/27 | BRIDGEBIO PHARMA INC | $30.4M | 1.59% | 21,750,000 | Common | SOLE |
| Y95308105 | WVE | WAVE LIFE SCIENCES LTD | $30.4M | 1.59% | 4,150,000 | Common | SOLE |
| 74366E102 | PTGX | PROTAGONIST THERAPEUTICS INC | $27.1M | 1.41% | 407,500 | Common | SOLE |
| 43283X105 | HGV | HILTON GRAND VACATIONS INC | $26.1M | 1.37% | 625,000 | Common | SOLE |
| 19239V302 | CCOI | COGENT COMMUNICATIONS HLDGS | $24.9M | 1.30% | 650,000 | Common | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $24.6M | 1.28% | 750,000 | Common | SOLE |
| 03237H101 | AMLX | AMYLYX PHARMACEUTICALS INC | $23.9M | 1.25% | 1,760,000 | Common | SOLE |
| G59665102 | MGTX | MEIRAGTX HLDGS PLC | $21.6M | 1.13% | 2,625,000 | Common | SOLE |
| 71722W107 | PHAT | PHATHOM PHARMACEUTICALS INC | $21.4M | 1.12% | 1,820,380 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $20.6M | 1.08% | 61,000 | PUT | SOLE |
| 803607100 | SRPT | SAREPTA THERAPEUTICS INC | $19.1M | 1.00% | 990,000 | Common | SOLE |
| 433000106 | HIMS | HIMS & HERS HEALTH INC | $17.6M | 0.92% | 310,000 | PUT | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $17.4M | 0.91% | 22,750 | Common | SOLE |
| 032724106 | ANAB | ANAPTYSBIO INC | $16.7M | 0.88% | 547,000 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $16.6M | 0.87% | 48,000 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $15.9M | 0.83% | 75,000 | PUT | SOLE |
| 10806X102 | BBIO | BRIDGEBIO PHARMA INC | $15.6M | 0.81% | 300,000 | Common | SOLE |
| 60855R100 | MOH | MOLINA HEALTHCARE INC | $15.5M | 0.81% | 81,000 | Common | SOLE |
| 526057302 | LEN/B | LENNAR CORP | $13.8M | 0.72% | 115,000 | Common | SOLE |
| 38341P102 | GOSS | GOSSAMER BIO INC | $13.3M | 0.70% | 5,059,200 | Common | SOLE |
| Y48125101 | KNOP | KNOT OFFSHORE PARTNERS LP | $12.9M | 0.67% | 1,460,402 | Common | SOLE |
| 46222L108 | IONQ | IONQ INC | $12.6M | 0.66% | 205,000 | PUT | SOLE |
| 296006109 | ERO | ERO COPPER CORP | $12.1M | 0.63% | 600,000 | Common | SOLE |
| 80004C200 | SNDK | SANDISK CORP | $11.9M | 0.62% | 106,000 | Common | SOLE |
| 88322Q108 | TGTX | TG THERAPEUTICS INC | $11.7M | 0.61% | 325,000 | Common | SOLE |
| 450913108 | IAG | IAMGOLD CORP | $11.6M | 0.61% | 900,000 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $10.6M | 0.56% | 11,000 | Common | SOLE |
| 45782N108 | INSE | INSPIRED ENTMT INC | $10.6M | 0.55% | 1,125,000 | Common | SOLE |
| 58506Q109 | MEDP | MEDPACE HLDGS INC | $10.3M | 0.54% | 20,000 | PUT | SOLE |
| 589492107 | MREO | MEREO BIOPHARMA GROUP PLC | $10.0M | 0.52% | 4,875,000 | Common | SOLE |
| 526057104 | LEN | LENNAR CORP | $10.0M | 0.52% | 79,000 | Common | SOLE |
| 488445206 | ZVRA | ZEVRA THERAPEUTICS INC | $9.3M | 0.48% | 975,000 | Common | SOLE |
| 984017103 | XHR | XENIA HOTELS & RESORTS INC | $8.8M | 0.46% | 645,000 | Common | SOLE |
| 04040Y109 | ARIS | ARIS MNG CORP | $8.8M | 0.46% | 900,000 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $8.8M | 0.46% | 36,000 | Common | SOLE |
| 957638109 | WAL | WESTERN ALLIANCE BANCORP | $8.7M | 0.45% | 100,000 | Common | SOLE |
| 594972AL5 | MSTR 0.875 03/15/31 | STRATEGY INC | $7.9M | 0.41% | 5,000,000 | Common | SOLE |
| 413197104 | HRMY | HARMONY BIOSCIENCES HLDGS IN | $7.8M | 0.41% | 282,000 | Common | SOLE |
| 14161WAD7 | CDLX 4.25 04/01/29 | CARDLYTICS INC | $7.8M | 0.41% | 15,000,000 | Common | SOLE |
| 733245104 | PRCH | PORCH GROUP INC | $7.6M | 0.39% | 450,000 | Common | SOLE |
| 35168W103 | GUTS | FRACTYL HEALTH INC | $7.4M | 0.39% | 4,650,000 | Common | SOLE |
| 00534A102 | IVVD | INVIVYD INC | $6.9M | 0.36% | 6,300,000 | Common | SOLE |
| 140755307 | TVRD | TVARDI THERAPEUTICS INC | $6.8M | 0.35% | 176,030 | Common | SOLE |
| 03152W109 | AM6 | AMICUS THERAPEUTICS INC | $6.6M | 0.34% | 835,000 | Common | SOLE |
| 03753U106 | APLSUSD | APELLIS PHARMACEUTICALS INC | $6.5M | 0.34% | 288,000 | Common | SOLE |
| 11040G103 | VTOL | BRISTOW GROUP INC | $6.3M | 0.33% | 175,300 | Common | SOLE |
| 92686J106 | VKTX | VIKING THERAPEUTICS INC | $6.3M | 0.33% | 240,000 | Common | SOLE |
| 526057104 | LEN | LENNAR CORP | $6.3M | 0.33% | 50,000 | PUT | SOLE |
| 52886X107 | LXEO | LEXEO THERAPEUTICS INC | $6.1M | 0.32% | 922,662 | Common | SOLE |
| G7997W102 | SDRL | SEADRILL LTD | $6.0M | 0.32% | 200,000 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $5.8M | 0.30% | 26,500 | Common | SOLE |
| 036752103 | ELV | ELEVANCE HEALTH INC FORMERLY | $5.8M | 0.30% | 18,000 | Common | SOLE |
| G69451105 | PAX | PATRIA INVESTMENTS LIMITED | $5.5M | 0.29% | 380,000 | Common | SOLE |
| G70077105 | PCSC | PERCEPTIVE CAP SOLUTIONS COR | $5.3M | 0.28% | 500,000 | Common | SOLE |
| 127190304 | CACI | CACI INTL INC | $5.2M | 0.27% | 10,500 | Common | SOLE |
| 808625107 | SAIC | SCIENCE APPLICATIONS INTL CO | $5.2M | 0.27% | 52,500 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $5.1M | 0.27% | 190,000 | Common | SOLE |
| 85256A109 | STGW | STAGWELL INC | $5.0M | 0.26% | 890,000 | Common | SOLE |
| 55287L101 | MBX | MBX BIOSCIENCES INC | $5.0M | 0.26% | 283,800 | PUT | SOLE |
| 550021109 | LULU | LULULEMON ATHLETICA INC | $4.4M | 0.23% | 25,000 | PUT | SOLE |
| N44445109 | IMTX | IMMATICS N.V | $4.4M | 0.23% | 520,000 | Common | SOLE |
| 378973507 | GSAT | GLOBALSTAR INC | $4.4M | 0.23% | 120,000 | Common | SOLE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $4.4M | 0.23% | 36,000 | Common | SOLE |
| 01438T106 | ALDX | ALDEYRA THERAPEUTICS INC | $4.3M | 0.22% | 820,000 | Common | SOLE |
| 374163103 | GERN | GERON CORP | $4.1M | 0.22% | 3,010,000 | Common | SOLE |
| 00289Y206 | ABEO | ABEONA THERAPEUTICS INC | $4.1M | 0.21% | 770,000 | Common | SOLE |
| 226406106 | CRESY | CRESUD S A C I F Y A | $4.1M | 0.21% | 440,775 | Common | SOLE |
| 450047303 | IRS | IRSA INVERSIONES Y REP S A | $4.0M | 0.21% | 334,179 | Common | SOLE |
| 82024L103 | STTK | SHATTUCK LABS INC | $3.7M | 0.19% | 1,532,216 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $3.6M | 0.19% | 128,000 | Common | SOLE |
| 38341PAA0 | GOSS 5 06/01/27 | GOSSAMER BIO INC | $3.6M | 0.19% | 5,145,000 | Common | SOLE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $3.5M | 0.18% | 55,000 | Common | SOLE |
| 06777U200 | BNED | BARNES & NOBLE ED INC | $3.5M | 0.18% | 350,000 | Common | SOLE |
| 444144109 | HDSN | HUDSON TECHNOLOGIES INC | $3.5M | 0.18% | 350,000 | Common | SOLE |
| 00214Q104 | ARKK | ARK ETF TR | $3.2M | 0.17% | 37,500 | PUT | SOLE |
| 90400D108 | RARE | ULTRAGENYX PHARMACEUTICAL IN | $3.2M | 0.17% | 106,000 | Common | SOLE |
| 44267T102 | HHH | HOWARD HUGHES HOLDINGS INC | $3.1M | 0.16% | 38,000 | Common | SOLE |
| 92332V107 | VTYXUSD | VENTYX BIOSCIENCES INC | $3.1M | 0.16% | 1,000,000 | Common | SOLE |
| N44821101 | IFRX | INFLARX NV | $3.0M | 0.16% | 2,250,000 | Common | SOLE |
| 110448107 | BTI | BRITISH AMERN TOB PLC | $3.0M | 0.16% | 56,000 | Common | SOLE |
| 014442107 | ALEC | ALECTOR INC | $3.0M | 0.15% | 1,000,000 | Common | SOLE |
| 14161W105 | CDLX | CARDLYTICS INC | $2.9M | 0.15% | 1,175,000 | Common | SOLE |
| 25862B109 | DDI | DOUBLEDOWN INTERACTIVE CO LT | $2.8M | 0.15% | 300,000 | Common | SOLE |
| Y62132108 | NVGS | NAVIGATOR HLDGS LTD | $2.8M | 0.15% | 180,000 | Common | SOLE |
| G6891L105 | PANL | PANGAEA LOGISTICS SOLUTION L | $2.7M | 0.14% | 535,000 | Common | SOLE |
| 57638P104 | MBC | MASTERBRAND INC | $2.6M | 0.14% | 200,000 | Common | SOLE |
| 92686J106 | VKTX | VIKING THERAPEUTICS INC | $2.6M | 0.14% | 100,000 | CALL | SOLE |
| 816212302 | RNAC | CARTESIAN THERAPEUTICS INC | $2.4M | 0.12% | 230,000 | Common | SOLE |
| G9675P102 | WLAC | WILLOW LANE ACQUISITION CORP | $2.3M | 0.12% | 200,000 | Common | SOLE |
| 89377M109 | TMDX | TRANSMEDICS GROUP INC | $2.2M | 0.12% | 20,000 | PUT | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $2.1M | 0.11% | 33,000 | Common | SOLE |
| 82835P103 | SVM | SILVERCORP METALS INC | $2.1M | 0.11% | 325,000 | Common | SOLE |
| 601137102 | MRP | MILLROSE PPTYS INC | $2.0M | 0.11% | 60,000 | Common | SOLE |
| G2086N113 | CHECU | CHENGHE ACQUISITION III CO | $2.0M | 0.10% | 200,000 | Common | SOLE |
| Y8162K204 | SBLK | STAR BULK CARRIERS CORP. | $1.9M | 0.10% | 100,000 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $1.8M | 0.09% | 5,000 | CALL | SOLE |
| G9460G101 | VAL | VALARIS LTD | $1.7M | 0.09% | 35,000 | Common | SOLE |
| H2927K103 | AMRZ | AMRIZE LTD | $1.7M | 0.09% | 35,000 | Common | SOLE |
| 449109107 | HYLN | HYLIION HOLDINGS CORP | $1.6M | 0.08% | 825,000 | Common | SOLE |
| G1368E106 | BLUW | BLUE WTR ACQUISITION CORP. I | $1.5M | 0.08% | 150,000 | Common | SOLE |
| G3106Q102 | EVAC | EQV VENTURES AC CORP. II | $1.5M | 0.08% | 150,000 | Common | SOLE |
| 14817C107 | FLNA | CASSAVA SCIENCES INC | $1.2M | 0.06% | 425,000 | Common | SOLE |
| 747324101 | PYXS | PYXIS ONCOLOGY INC | $1.2M | 0.06% | 525,000 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $1.0M | 0.05% | 3,000 | Common | SOLE |
| G5490M100 | LWAC | LIGHTWAVE ACQUISITION CORP | $995,000 | 0.05% | 100,000 | Common | SOLE |
| 38341P102 | GOSS | GOSSAMER BIO INC | $789,263 | 0.04% | 300,100 | CALL | SOLE |
| 59045L205 | MRSN | MERSANA THERAPEUTICS INC | $776,000 | 0.04% | 100,000 | Common | SOLE |
| G6861F104 | OYSE | OYSTER ENTERPRISES II ACQUIS | $751,650 | 0.04% | 75,000 | Common | SOLE |
| 124765108 | CAE | CAE INC | $741,000 | 0.04% | 25,000 | Common | SOLE |
| 60785L207 | — | MODULAR MED INC | $687,276 | 0.04% | 982,103 | Common | SOLE |
| G67751100 | ORIQ | ORIGIN INVT CORP I | $301,500 | 0.02% | 30,000 | Common | SOLE |
| G9675P110 | — | WILLOW LANE ACQUISITION CORP | $238,051 | 0.01% | 85,000 | Common | SOLE |
| 36170N115 | GCTS/WS | GCT SEMICONDUCTOR HLDG INC | $143,324 | 0.01% | 764,391 | Common | SOLE |
| 98400U103 | SAFX | XCF GLOBAL INC | $54,584 | 0.00% | 41,667 | Common | SOLE |
| 09973D113 | BRLSW | BOREALIS FOODS INC | $15,300 | 0.00% | 200,000 | Common | SOLE |
| G6861F138 | OYSER | OYSTER ENTERPRISES II ACQUIS | $12,750 | 0.00% | 75,000 | Common | SOLE |
| G3106Q128 | EVAC/WS | EQV VENTURES AC CORP. II | $12,000 | 0.00% | 50,000 | Common | SOLE |
| G1368E114 | BLUWW | BLUE WTR ACQUISITION CORP. I | $10,643 | 0.00% | 75,000 | Common | SOLE |
| G5490M126 | LWACW | LIGHTWAVE ACQUISITION CORP | $9,595 | 0.00% | 50,000 | Common | SOLE |
| G29201111 | ECXWW | ECARX HOLDINGS INC | $7,500 | 0.00% | 125,000 | Common | SOLE |
| 456948116 | MSAIW | MULTISENSOR AI HOLDINGS INC | $5,701 | 0.00% | 150,000 | Common | SOLE |
| G67751126 | ORIQW | ORIGIN INVT CORP I | $2,700 | 0.00% | 15,000 | Common | SOLE |
| G0411D115 | APLMW | APOLLOMICS INC | $2,483 | 0.00% | 130,000 | 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.