Institutional
KINGDON CAPITAL MANAGEMENT, L.L.C.
CIK 0001000097
$911.0M
Reported AUM
65
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · KINGDON CAPITAL MANAGEMENT, L.L.C. · Q1 2026
AI · grounded in 13F
KINGDON CAPITAL MANAGEMENT, L.L.C. established a new position in SPY valued at $185.3M. The fund also added new positions in IWM for $24.8M and MTUM for $15.6M. To fund these moves, the manager closed positions in SLV for $54.8M, AMD for $28.4M, and BAC for $25.6M.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | $729.46 | -1.54% | 20.48% | 75.54% | $185.3M | 20.34% | — | HELD |
| 2 | SNDX | SYNDAX PHARMACEUTICALS INC | $19.22 | -2.09% | 90.28% | 8.58% | $58.4M | 6.41% | — | HELD |
| 3 | NVDA | NVIDIA CORPORATION | $190.01 | -3.55% | 13.56% | 782.99% | $34.9M | 3.83% | — | HELD |
| 4 | NXE | NEXGEN ENERGY LTD | $8.93 | -2.72% | 41.20% | 94.27% | $29.0M | 3.18% | — | HELD |
| 5 | IWM | ISHARES TR | $288.57 | -1.64% | 35.66% | 35.93% | $24.8M | 2.72% | — | HELD |
| 6 | EWY | ISHARES INC | $144.21 | -4.78% | 108.70% | 84.71% | $24.0M | 2.63% | — | HELD |
| 7 | KEYS | KEYSIGHT TECHNOLOGIES INC | $296.72 | -2.77% | 89.50% | 67.63% | $22.6M | 2.48% | — | HELD |
| 8 | WRBY | WARBY PARKER INC | $26.03 | 0.12% | 10.30% | -51.80% | $22.2M | 2.44% | — | HELD |
| 9 | SLNO | SOLENO THERAPEUTICS INC | — | — | — | — | $19.3M | 2.11% | — | HELD |
| 10 | APG | API GROUP CORP | $38.45 | -2.24% | 8.65% | 146.47% | $18.2M | 2.00% | — | HELD |
| 11 | CART | MAPLEBEAR INC | $45.64 | 0.04% | -2.96% | 85.22% | $17.6M | 1.93% | — | HELD |
| 12 | HWM | HOWMET AEROSPACE INC | $272.79 | -4.63% | 48.38% | 771.25% | $16.1M | 1.77% | — | HELD |
| 13 | MTUM | ISHARES TR | $283.11 | -3.15% | 23.29% | 69.77% | $15.6M | 1.71% | — | HELD |
| 14 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $374.67 | -4.50% | 61.05% | 241.53% | $15.2M | 1.67% | — | HELD |
| 15 | ECG | EVERUS CONSTR GROUP | $109.17 | -6.88% | 67.07% | 84.15% | $14.8M | 1.62% | — | HELD |
| 16 | AHR | AMERICAN HEALTHCARE REIT INC | $57.52 | -0.35% | 51.11% | 319.20% | $14.1M | 1.55% | — | HELD |
| 17 | SMH | VANECK ETF TRUST | $504.22 | -4.79% | 78.13% | 283.76% | $13.4M | 1.47% | — | HELD |
| 18 | ICLN | ISHARES TR | $16.87 | -1.92% | 25.99% | -22.74% | $12.8M | 1.41% | — | HELD |
| 19 | OLMA | OLEMA PHARMACEUTICALS INC | $11.19 | -3.70% | 118.01% | -61.16% | $12.7M | 1.40% | — | HELD |
| 20 | GTX | GARRETT MOTION INC | $28.78 | -3.81% | 135.83% | 340.81% | $12.7M | 1.40% | — | HELD |
| 21 | AER | AERCAP HOLDINGS NV | $148.63 | -3.54% | 43.31% | 191.81% | $12.3M | 1.36% | — | HELD |
| 22 | DAR | DARLING INGREDIENTS INC | $58.62 | 0.34% | 85.60% | -21.55% | $11.8M | 1.29% | — | HELD |
| 23 | ICLR | ICON PLC | $178.18 | -1.14% | 8.29% | -29.53% | $11.7M | 1.28% | — | HELD |
| 24 | BKD | BROOKDALE SR LIVING INC | $14.86 | -3.32% | 101.97% | 110.55% | $11.6M | 1.28% | — | HELD |
| 25 | FLEX | FLEXTRONICS INTL LTD | $103.02 | -9.06% | 108.04% | 635.78% | $11.5M | 1.26% | — | HELD |
| 26 | BABA | ALIBABA GROUP HLDG LTD | $115.03 | -0.14% | -0.70% | -26.70% | $11.3M | 1.24% | — | HELD |
| 27 | SRAD | SPORTRADAR GROUP AG | $14.95 | 0.88% | -49.61% | -28.71% | $11.3M | 1.24% | — | HELD |
| 28 | VSEC | VSE CORP | $184.98 | -7.20% | 26.72% | 280.78% | $11.1M | 1.21% | — | HELD |
| 29 | HEI | HEICO CORP NEW | $355.23 | -2.26% | 8.87% | 180.32% | $11.0M | 1.20% | — | HELD |
| 30 | AIR | AAR CORP | $135.40 | -3.84% | 85.50% | 300.00% | $10.9M | 1.20% | — | HELD |
| 31 | TDY | TELEDYNE TECHNOLOGIES INC | $631.35 | -2.82% | — | — | $10.6M | 1.16% | — | HELD |
| 32 | WAY | WAYSTAR HLDG CORP | $24.52 | 3.50% | — | — | $10.6M | 1.16% | — | HELD |
| 33 | RAL | RALLIANT CORP | $66.97 | -1.14% | — | — | $10.4M | 1.14% | — | HELD |
| 34 | HOOD | ROBINHOOD MKTS INC | $89.84 | -3.15% | — | — | $10.4M | 1.14% | — | HELD |
| 35 | CR | CRANE COMPANY | $206.73 | -8.66% | — | — | $10.3M | 1.13% | — | HELD |
| 36 | WELL | WELLTOWER INC | $241.08 | -1.02% | — | — | $9.9M | 1.09% | — | HELD |
| 37 | XLF | SELECT SECTOR SPDR TR | $56.68 | -1.60% | — | — | $9.9M | 1.08% | — | HELD |
| 38 | VICR | VICOR CORP | $182.77 | -4.87% | — | — | $9.7M | 1.06% | — | HELD |
| 39 | ACHC | ACADIA HEALTHCARE COMPANY IN | $27.35 | -16.34% | — | — | $9.3M | 1.02% | — | HELD |
| 40 | CGNX | COGNEX CORP | $57.82 | -4.21% | — | — | $9.1M | 0.99% | — | HELD |
| 41 | GE | GE AEROSPACE | $350.63 | -3.56% | — | — | $8.5M | 0.93% | — | HELD |
| 42 | CNL | COLLECTIVE MINING LTD | $12.44 | -1.97% | — | — | $7.5M | 0.82% | — | HELD |
| 43 | ZVRA | ZEVRA THERAPEUTICS INC | $9.78 | 0.51% | — | — | $7.2M | 0.79% | — | HELD |
| 44 | NU | NU HLDGS LTD | $14.04 | -4.36% | — | — | $7.2M | 0.79% | — | HELD |
| 45 | WWW | WOLVERINE WORLD WIDE INC | $20.53 | -1.63% | — | — | $7.1M | 0.78% | — | HELD |
| 46 | GCO | GENESCO INC | $39.08 | 0.39% | — | — | $7.1M | 0.78% | — | HELD |
| 47 | GXO | GXO LOGISTICS INCORPORATED | $51.53 | -3.32% | — | — | $6.5M | 0.71% | — | HELD |
| 48 | AXON | AXON ENTERPRISE INC | $531.20 | -3.00% | — | — | $6.2M | 0.68% | — | HELD |
| 49 | CRDO | CREDO TECHNOLOGY GROUP HOLDI | $177.45 | -7.71% | — | — | $6.1M | 0.67% | — | HELD |
| 50 | TVTX | TRAVERE THERAPEUTICS INC | $55.56 | -0.63% | — | — | $5.9M | 0.65% | — | HELD |
| 51 | FPS | FORGENT POWER SOLUTIONS INC | $29.25 | -9.75% | — | — | $5.9M | 0.64% | — | HELD |
| 52 | LOW | LOWES COS INC | $215.68 | -1.17% | — | — | $5.0M | 0.55% | — | HELD |
| 53 | ETOR | ETORO GROUP LTD | $36.03 | -5.13% | — | — | $4.5M | 0.49% | — | HELD |
| 54 | NOW | SERVICENOW INC | $115.76 | 4.65% | — | — | $3.7M | 0.40% | — | HELD |
| 55 | ALDX | ALDEYRA THERAPEUTICS INC | $1.61 | 1.90% | — | — | $3.6M | 0.40% | — | HELD |
| 56 | REAL | THE REALREAL INC | $11.69 | -2.01% | — | — | $3.6M | 0.40% | — | HELD |
| 57 | ELDN | ELEDON PHARMACEUTICALS INC | $3.31 | -2.65% | — | — | $3.2M | 0.35% | — | HELD |
| 58 | TTEK | TETRA TECH INC NEW | $33.78 | 0.81% | — | — | $3.0M | 0.33% | — | HELD |
| 59 | COMP | COMPASS INC | $11.61 | -2.27% | — | — | $2.9M | 0.32% | — | HELD |
| 60 | ITRI | ITRON INC | $102.33 | -4.38% | — | — | $2.2M | 0.25% | — | HELD |
| 61 | NB | NIOCORP DEVS LTD | $3.86 | -4.22% | — | — | $2.0M | 0.22% | — | HELD |
| 62 | SCYX | SCYNEXIS INC | $3.77 | 3.86% | — | — | $1.8M | 0.20% | — | HELD |
| 63 | JSPR | JASPER THERAPEUTICS INC | $0.60 | -5.21% | — | — | $1.2M | 0.13% | — | HELD |
| 64 | ALIT | ALIGHT INC | $20.29 | 2.17% | — | — | $524K | 0.06% | — | HELD |
| 65 | NVNO | ENVVENO MEDICAL CORPORATION | $10.40 | 0.00% | — | — | $366K | 0.04% | — | HELD |
Source: SEC EDGAR · accession 0001000097-26-000005. 13F discloses long positions only — shorts, foreign equities, and options are excluded.