Q4 2025 · 13F-HR
Decagon Asset Management LLPholdings as filed
Filed 2026-02-17 · accession 0001950677-26-000002
$260.1M
Reported value
57
Positions
2025-12-31
Period end
The Brief · Decagon Asset Management LLP · Q4 2025
AI · grounded in 13F
Decagon Asset Management LLP closed its position in GTLS for a reduction of $35.57M. The fund established new positions in HO1 for $37.1M and EXK for $35.28M. Other notable activity includes a new stake in NSC worth $33.49M and a 45.17% reduction in shares of CYBR.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 436440101 | HO1 | HOLOGIC INC | $37.1M | 14.3% | 498,125 | Common | SOLE |
| 30063P105 | EXK | EXACT SCIENCES CORP | $35.3M | 13.6% | 347,400 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $33.5M | 12.9% | 116,000 | Common | SOLE |
| 171757206 | CDTX | CIDARA THERAPEUTICS INC | $22.1M | 8.49% | 100,000 | CALL | SOLE |
| M2682V108 | CYBR | CYBERARK SOFTWARE LTD | $18.3M | 7.05% | 41,115 | Common | SOLE |
| 05370A108 | RNAGBP | AVIDITY BIOSCIENCES INC | $17.5M | 6.72% | 242,436 | Common | SOLE |
| G98659116 | MCGA | YORKVILLE ACQUISITION CORP. | $12.3M | 4.73% | 1,215,386 | Common | SOLE |
| G1169T104 | MRLN | INFLECTION POINT ACQUISITION | $8.8M | 3.37% | 816,410 | Common | SOLE |
| 57638P104 | MBC | MASTERBRAND INC | $8.4M | 3.24% | 762,926 | Common | SOLE |
| 023634207 | NWAX/U | NEW AMER ACQUISITION I CORP | $7.6M | 2.94% | 733,520 | Common | SOLE |
| G6717R104 | OACC | OAKTREE ACQUISITION CORP III | $7.1M | 2.75% | 675,637 | Common | SOLE |
| G24979109 | CHAC | CRANE HBR ACQUISITION CORP | $7.1M | 2.74% | 660,566 | Common | SOLE |
| G6301B101 | MLAC | MOUNTAIN LAKE ACQUISITION CO | $6.8M | 2.63% | 657,592 | Common | SOLE |
| G0R78B106 | BCSS | BAIN CAP GSS INVT CORP | $5.7M | 2.19% | 565,461 | Common | SOLE |
| G5225W126 | KBONU | KARBON CAP PARTNERS CORP | $5.3M | 2.03% | 524,380 | Common | SOLE |
| G5304D106 | KCHV | KOCHAV DEFENSE ACQUI CO | $4.9M | 1.88% | 480,888 | Common | SOLE |
| G8773E126 | BEBE/U | TGE VALUE CREATIVE SOLUTIONS | $4.3M | 1.67% | 436,652 | Common | SOLE |
| G6993G103 | — | PELICAN ACQUISITION CORP | $3.9M | 1.48% | 379,902 | Common | SOLE |
| G47875102 | IPCX | INFLECTION PT ACQUISITION CO | $3.6M | 1.37% | 351,374 | Common | SOLE |
| G6476A102 | NPAC | NEW PROVIDENCE ACQUISITION C | $2.8M | 1.07% | 270,437 | Common | SOLE |
| G9675P102 | WLAC | WILLOW LANE ACQUISITION CORP | $2.5M | 0.97% | 199,480 | Common | SOLE |
| G77676123 | SAC/U | SAFEGUARD ACQUISITION CORP | $2.1M | 0.81% | 209,750 | Common | SOLE |
| G8772L113 | TVACW | TEXAS VENTURES ACQUISITION I | $257,464 | 0.10% | 286,072 | Common | SOLE |
| 73245B115 | SBCWW | SBC MED GROUP HLDGS INC | $239,823 | 0.09% | 1,181,391 | Common | SOLE |
| G24979117 | CHACR | CRANE HBR ACQUISITION CORP | $226,300 | 0.09% | 282,875 | Common | SOLE |
| 138103106 | UTE0 | CANTALOUPE INC | $212,400 | 0.08% | 20,000 | CALL | SOLE |
| G4R12K115 | GSRFR | GSR IV ACQUISITION CORP | $198,609 | 0.08% | 83,449 | Common | SOLE |
| G0273J101 | AEXA | AMERICAN EXCEPTIONALISM ACQU | $182,241 | 0.07% | 16,000 | Common | SOLE |
| G5304D114 | KCHVR | KOCHAV DEFENSE ACQUI CO | $180,306 | 0.07% | 751,272 | Common | SOLE |
| G6993G111 | PELIR | PELICAN ACQUISITION CORP | $151,570 | 0.06% | 658,999 | Common | SOLE |
| G1771C101 | ALIS | CALISA ACQUISITION CORP | $115,649 | 0.04% | 238,203 | Common | SOLE |
| G6717R112 | OACCW | OAKTREE ACQUISITION CORP III | $104,726 | 0.04% | 147,502 | Common | SOLE |
| G52258129 | KFIIR | K&F GROWTH ACQUISITION CORP | $101,983 | 0.04% | 784,481 | Common | SOLE |
| G3226F119 | EVOXW | EVOLUTION GLOBAL ACQUISITION | $92,443 | 0.04% | 210,100 | Common | SOLE |
| G24243126 | COPL/WS | COPLEY ACQUISITION CORP | $91,167 | 0.04% | 353,910 | Common | SOLE |
| G98659124 | MCGAW | YORKVILLE ACQUISITION CORP. | $86,182 | 0.03% | 172,360 | Common | SOLE |
| G0750N112 | AXINR | AXIOM INTELLIGENCE AC CORP 1 | $73,500 | 0.03% | 350,000 | Common | SOLE |
| G0R78B114 | BCSS/WS | BAIN CAP GSS INVT CORP | $65,623 | 0.03% | 100,542 | Common | SOLE |
| G7257A121 | PCAPW | PROCAP ACQUISITION CORP | $59,613 | 0.02% | 160,638 | Common | SOLE |
| G3106N117 | FTW | EQV VENTURES ACQUISITION COR | $58,531 | 0.02% | 121,916 | Common | SOLE |
| G85096108 | APAC | STONEBRIDGE ACQUISITION II C | $57,667 | 0.02% | 346,557 | Common | SOLE |
| G7375C116 | RANGR | RANGE CAP ACQUISITION CORP | $52,458 | 0.02% | 116,572 | Common | SOLE |
| G6476A110 | NPACW | NEW PROVIDENCE ACQUISITION C | $51,316 | 0.02% | 101,555 | Common | SOLE |
| G2946P118 | EGHAR | EGH ACQUISITION CORP. | $47,535 | 0.02% | 190,134 | Common | SOLE |
| G6861F138 | OYSER | OYSTER ENTERPRISES II ACQUIS | $36,618 | 0.01% | 183,091 | Common | SOLE |
| 44934N116 | IBACR | IB ACQUISITION CORP | $36,017 | 0.01% | 459,411 | Common | SOLE |
| G0701G109 | BDCI | BTC DEV CORP | $35,014 | 0.01% | 51,491 | Common | SOLE |
| G01336109 | AIIA | AI INFRASTRUCTURE ACQUISI | $34,646 | 0.01% | 133,256 | Common | SOLE |
| G2124S116 | CHPGR | CHAMPIONSGATE ACQUISITION CO | $31,839 | 0.01% | 172,103 | Common | SOLE |
| G38268119 | TGE | GENERATION ESSENTIALS GROUP | $30,576 | 0.01% | 203,834 | Common | SOLE |
| G1000S125 | YCY/WS | AA MISSION ACQUISITION CORP | $28,740 | 0.01% | 130,692 | Common | SOLE |
| G4569C101 | HVMC | HIGHVIEW MERGER CORP | $27,030 | 0.01% | 100,000 | Common | SOLE |
| G1993W117 | CAPNR | CAYSON ACQUISITION CORP | $23,401 | 0.01% | 102,635 | Common | SOLE |
| G6301B127 | MLACR | MOUNTAIN LAKE ACQUISITION CO | $16,720 | 0.01% | 69,665 | Common | SOLE |
| G37068114 | FVNNR | FUTURE VISION II ACQUISITION | $4,012 | 0.00% | 30,790 | Common | SOLE |
| G0232F133 | ALCWF | ALCHEMY INVTS ACQUISITN CORP | $2,768 | 0.00% | 13,179 | Common | SOLE |
| 20678X114 | CDTTW | CDT EQUITY INC | $2,200 | 0.00% | 400,000 | 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.