Q1 2025 · 13F-HR
KINGDON CAPITAL MANAGEMENT, L.L.C.holdings as filed
Filed 2025-05-15 · accession 0001000097-25-000015
$944.9M
Reported value
67
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $307.7M | 32.6% | 550,000 | PUT | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $65.6M | 6.94% | 139,900 | PUT | SOLE |
| 87164F105 | SNDX | SYNDAX PHARMACEUTICALS INC | $24.6M | 2.60% | 2,000,000 | Common | SOLE |
| 78464A714 | XRT | SPDR SER TR | $23.8M | 2.52% | 345,000 | PUT | SOLE |
| 460146103 | IP | INTERNATIONAL PAPER CO | $19.7M | 2.09% | 370,000 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $19.4M | 2.05% | 220,000 | Common | SOLE |
| 88033G407 | THC | TENET HEALTHCARE CORP | $19.2M | 2.03% | 142,500 | Common | SOLE |
| 88579Y101 | MMM | 3M CO | $17.6M | 1.87% | 120,000 | Common | SOLE |
| 457669307 | INSM | INSMED INC | $16.4M | 1.74% | 215,000 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $16.3M | 1.72% | 150,000 | Common | SOLE |
| 60871R209 | TAP | MOLSON COORS BEVERAGE CO | $14.6M | 1.55% | 240,200 | Common | SOLE |
| 02043Q107 | ALNY | ALNYLAM PHARMACEUTICALS INC | $13.5M | 1.43% | 50,000 | PUT | SOLE |
| 92189F676 | SMH | VANECK ETF TRUST | $13.3M | 1.41% | 63,000 | PUT | SOLE |
| 565394103 | CART | MAPLEBEAR INC | $13.2M | 1.39% | 330,000 | Common | SOLE |
| 00404A109 | ACHC | ACADIA HEALTHCARE COMPANY IN | $12.8M | 1.36% | 422,800 | Common | SOLE |
| 69351T106 | PPL | PPL CORP | $12.6M | 1.34% | 350,000 | Common | SOLE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $12.5M | 1.32% | 300,000 | CALL | SOLE |
| 422806109 | HEI | HEICO CORP NEW | $12.0M | 1.27% | 45,000 | Common | SOLE |
| 45245E109 | IMAX | IMAX CORP | $11.8M | 1.25% | 449,500 | Common | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $11.6M | 1.23% | 50,000 | Common | SOLE |
| 418056107 | HAS | HASBRO INC | $11.1M | 1.18% | 181,000 | Common | SOLE |
| 379577208 | GMED | GLOBUS MED INC | $11.1M | 1.17% | 151,300 | Common | SOLE |
| 444859102 | HUM | HUMANA INC | $11.1M | 1.17% | 41,792 | Common | SOLE |
| 57667L107 | MTCH | MATCH GROUP INC NEW | $10.9M | 1.16% | 350,000 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $10.6M | 1.12% | 20,262 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $10.4M | 1.10% | 18,000 | Common | SOLE |
| 863667101 | SYK | STRYKER CORPORATION | $9.9M | 1.05% | 26,600 | Common | SOLE |
| 695156109 | PKG | PACKAGING CORP AMER | $9.9M | 1.05% | 50,000 | Common | SOLE |
| 00187Y100 | APG | API GROUP CORP | $9.8M | 1.04% | 275,000 | Common | SOLE |
| 231561101 | CW | CURTISS WRIGHT CORP | $9.5M | 1.01% | 30,000 | Common | SOLE |
| 875372203 | TNDM | TANDEM DIABETES CARE INC | $9.5M | 1.00% | 495,229 | Common | SOLE |
| 300426103 | ECG | EVERUS CONSTR GROUP | $9.3M | 0.98% | 250,000 | Common | SOLE |
| Y2573F102 | FLEX | FLEX LTD | $8.9M | 0.95% | 270,000 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $8.8M | 0.93% | 100,000 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $8.7M | 0.92% | 52,500 | Common | SOLE |
| 978097103 | WWW | WOLVERINE WORLD WIDE INC | $8.7M | 0.92% | 624,700 | Common | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $8.4M | 0.89% | 1,877,837 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $8.2M | 0.87% | 62,000 | Common | SOLE |
| 36266G107 | GEHC | GE HEALTHCARE TECHNOLOGIES I | $7.9M | 0.83% | 97,500 | Common | SOLE |
| 377322102 | GKOS | GLAUKOS CORP | $7.3M | 0.77% | 74,400 | Common | SOLE |
| 53947R105 | LOAR | LOAR HOLDINGS INC | $7.1M | 0.75% | 100,000 | Common | SOLE |
| 60471A101 | MIR | MIRION TECHNOLOGIES INC | $6.5M | 0.69% | 450,000 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $6.3M | 0.66% | 30,000 | CALL | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $6.1M | 0.64% | 150,000 | Common | SOLE |
| 679295105 | OKTA | OKTA INC | $5.8M | 0.61% | 55,000 | Common | SOLE |
| 78464A698 | KRE | SPDR SER TR | $5.7M | 0.60% | 100,000 | PUT | SOLE |
| 29355A107 | ENPH | ENPHASE ENERGY INC | $4.7M | 0.49% | 75,000 | PUT | SOLE |
| 74967X103 | RH | RH | $4.6M | 0.48% | 19,519 | Common | SOLE |
| 01438T106 | ALDX | ALDEYRA THERAPEUTICS INC | $4.5M | 0.47% | 779,000 | Common | SOLE |
| G98196101 | W9N0 | WNS HLDGS LTD | $4.0M | 0.42% | 65,000 | Common | SOLE |
| 40416E103 | HCI | HCI GROUP INC | $3.9M | 0.41% | 26,001 | Common | SOLE |
| 01626W101 | ALIT | ALIGHT INC | $3.9M | 0.41% | 650,000 | Common | SOLE |
| 750491102 | RDNT | RADNET INC | $3.8M | 0.41% | 77,000 | Common | SOLE |
| 68404V209 | OPTNUSD | OPTINOSE INC | $3.4M | 0.36% | 373,281 | Common | SOLE |
| 00912X302 | AL | AIR LEASE CORP | $3.4M | 0.36% | 70,000 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $3.1M | 0.32% | 10,000 | CALL | SOLE |
| 92840M102 | VST | VISTRA CORP | $2.9M | 0.31% | 25,000 | CALL | SOLE |
| 810648105 | SCPH | SCPHARMACEUTICALS INC | $2.6M | 0.28% | 1,000,000 | Common | SOLE |
| 39037G109 | GEG | GREAT ELM GROUP INC | $2.4M | 0.25% | 1,268,907 | Common | SOLE |
| 29415J106 | — | ENVVENO MEDICAL CORPORATION | $2.3M | 0.24% | 859,261 | Common | SOLE |
| 811292200 | SCYX | SCYNEXIS INC | $2.1M | 0.23% | 2,237,048 | Common | SOLE |
| 471871202 | JSPR | JASPER THERAPEUTICS INC | $2.1M | 0.22% | 490,000 | Common | SOLE |
| 20717M103 | 8QR | CONFLUENT INC | $1.8M | 0.19% | 77,000 | CALL | SOLE |
| 98420X103 | ASNSUSD | X4 PHARMACEUTICALS INC | $1.7M | 0.18% | 7,000,000 | Common | SOLE |
| 86800U302 | SMCI | SUPER MICRO COMPUTER INC | $1.4M | 0.14% | 40,000 | CALL | SOLE |
| 654484609 | NB | NIOCORP DEVS LTD | $619,496 | 0.07% | 314,465 | Common | SOLE |
| 08862L103 | — | BEYOND AIR INC | $255,246 | 0.03% | 936,683 | 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.