Q2 2025 · 13F-HR
KINGDON CAPITAL MANAGEMENT, L.L.C.holdings as filed
Filed 2025-08-14 · accession 0001000097-25-000018
$742.5M
Reported value
67
Positions
2025-06-30
Period end
The Brief · KINGDON CAPITAL MANAGEMENT, L.L.C. · Q2 2025
AI · grounded in 13F
KINGDON CAPITAL MANAGEMENT, L.L.C. established a new position in KRE valued at $59.39M. The fund also initiated new stakes in IWM for $32.37M and KKR for $26.61M. Other new additions include SPY at $24.71M and SNDK at $24.04M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78464A698 | KRE | SPDR SERIES TRUST | $59.4M | 8.00% | 1,000,000 | CALL | SOLE |
| 464287655 | IWM | ISHARES TR | $32.4M | 4.36% | 150,000 | PUT | SOLE |
| 48251W104 | KKR | KKR & CO INC | $26.6M | 3.58% | 200,000 | CALL | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $24.7M | 3.33% | 40,000 | PUT | SOLE |
| 46434G822 | EWJ | ISHARES INC | $22.5M | 3.03% | 300,000 | PUT | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $21.6M | 2.90% | 136,500 | Common | SOLE |
| 87164F105 | SNDX | SYNDAX PHARMACEUTICALS INC | $19.7M | 2.65% | 2,100,000 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $18.4M | 2.47% | 200,000 | Common | SOLE |
| 80004C200 | SNDK | SANDISK CORP | $16.8M | 2.26% | 370,000 | Common | SOLE |
| 92189F676 | SMH | VANECK ETF TRUST | $16.7M | 2.25% | 60,000 | PUT | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $16.0M | 2.16% | 70,000 | Common | SOLE |
| 444859102 | HUM | HUMANA INC | $15.8M | 2.13% | 64,600 | Common | SOLE |
| 889478103 | TOL | TOLL BROTHERS INC | $15.4M | 2.08% | 135,000 | Common | SOLE |
| 88579Y101 | MMM | 3M CO | $15.2M | 2.05% | 100,000 | Common | SOLE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $15.0M | 2.02% | 128,500 | Common | SOLE |
| 565394103 | CART | MAPLEBEAR INC | $14.5M | 1.95% | 320,000 | Common | SOLE |
| 363576109 | AJG | GALLAGHER ARTHUR J & CO | $14.4M | 1.94% | 45,000 | Common | SOLE |
| 464286772 | EWY | ISHARES INC | $14.4M | 1.93% | 200,000 | Common | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $13.7M | 1.85% | 1,977,837 | Common | SOLE |
| 695156109 | PKG | PACKAGING CORP AMER | $13.2M | 1.78% | 70,000 | Common | SOLE |
| 422806109 | HEI | HEICO CORP NEW | $13.1M | 1.77% | 40,000 | Common | SOLE |
| 91680M107 | UPST | UPSTART HLDGS INC | $12.9M | 1.74% | 200,000 | PUT | SOLE |
| 300426103 | ECG | EVERUS CONSTR GROUP | $12.7M | 1.71% | 200,000 | Common | SOLE |
| 53947R105 | LOAR | LOAR HOLDINGS INC | $12.5M | 1.68% | 145,000 | Common | SOLE |
| Y2573F102 | FLEX | FLEX LTD | $12.0M | 1.61% | 240,000 | Common | SOLE |
| 60871R209 | TAP | MOLSON COORS BEVERAGE CO | $11.6M | 1.56% | 240,200 | Common | SOLE |
| 00187Y100 | APG | API GROUP CORP | $11.5M | 1.55% | 225,000 | Common | SOLE |
| 88162G103 | TTEK | TETRA TECH INC NEW | $11.3M | 1.53% | 315,000 | Common | SOLE |
| H8088L103 | SRAD | SPORTRADAR GROUP AG | $11.2M | 1.51% | 400,000 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $10.1M | 1.37% | 35,000 | Common | SOLE |
| 379577208 | GMED | GLOBUS MED INC | $10.0M | 1.35% | 170,000 | Common | SOLE |
| 679295105 | OKTA | OKTA INC | $10.0M | 1.35% | 100,000 | Common | SOLE |
| 750491102 | RDNT | RADNET INC | $9.8M | 1.33% | 173,000 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $9.8M | 1.32% | 100,000 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $9.6M | 1.30% | 42,500 | Common | SOLE |
| 978097103 | WWW | WOLVERINE WORLD WIDE INC | $9.5M | 1.28% | 524,700 | Common | SOLE |
| 45245E109 | IMAX | IMAX CORP | $9.5M | 1.28% | 338,654 | Common | SOLE |
| 60471A101 | MIR | MIRION TECHNOLOGIES INC | $9.2M | 1.23% | 425,000 | Common | SOLE |
| 231561101 | CW | CURTISS WRIGHT CORP | $8.5M | 1.15% | 17,500 | Common | SOLE |
| 95040Q104 | WELL | WELLTOWER INC | $8.5M | 1.14% | 55,000 | Common | SOLE |
| 903731107 | ULS | UL SOLUTIONS INC | $8.4M | 1.13% | 115,000 | Common | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $8.3M | 1.12% | 130,000 | Common | SOLE |
| 80004C200 | SNDK | SANDISK CORP | $7.3M | 0.98% | 160,000 | PUT | SOLE |
| 28176E108 | EW | EDWARDS LIFESCIENCES CORP | $7.1M | 0.96% | 91,300 | Common | SOLE |
| 74623V103 | PCT | PURECYCLE TECHNOLOGIES INC | $6.7M | 0.91% | 491,000 | Common | SOLE |
| 88033G407 | THC | TENET HEALTHCARE CORP | $6.7M | 0.90% | 37,800 | Common | SOLE |
| 01626W101 | ALIT | ALIGHT INC | $6.2M | 0.84% | 1,100,000 | Common | SOLE |
| G98196101 | W9N0 | WNS HLDGS LTD | $6.0M | 0.81% | 95,000 | Common | SOLE |
| 29355A107 | ENPH | ENPHASE ENERGY INC | $5.9M | 0.80% | 150,000 | PUT | SOLE |
| 92840M102 | VST | VISTRA CORP | $5.8M | 0.78% | 30,000 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $5.8M | 0.78% | 35,000 | CALL | SOLE |
| 57667L107 | MTCH | MATCH GROUP INC NEW | $5.6M | 0.75% | 180,000 | Common | SOLE |
| 40416E103 | HCI | HCI GROUP INC | $5.3M | 0.72% | 35,000 | Common | SOLE |
| 01438T106 | ALDX | ALDEYRA THERAPEUTICS INC | $5.1M | 0.69% | 1,331,791 | Common | SOLE |
| 01626W101 | ALIT | ALIGHT INC | $4.2M | 0.57% | 750,000 | CALL | SOLE |
| 488445206 | ZVRA | ZEVRA THERAPEUTICS INC | $4.0M | 0.53% | 450,000 | Common | SOLE |
| 471871202 | JSPR | JASPER THERAPEUTICS INC | $3.8M | 0.51% | 684,707 | Common | SOLE |
| 29415J106 | NVNO | ENVVENO MEDICAL CORPORATION | $3.4M | 0.46% | 859,261 | Common | SOLE |
| 12468P104 | AI | C3 AI INC | $3.2M | 0.43% | 130,000 | CALL | SOLE |
| 02361E108 | AMRC | AMERESCO INC | $3.0M | 0.41% | 200,000 | Common | SOLE |
| 278642103 | EBAY | EBAY INC. | $3.0M | 0.40% | 40,000 | PUT | SOLE |
| 39037G109 | GEG | GREAT ELM GROUP INC | $2.6M | 0.35% | 1,268,907 | Common | SOLE |
| 810648105 | SCPH | SCPHARMACEUTICALS INC | $2.5M | 0.34% | 659,711 | Common | SOLE |
| 811292200 | SCYX | SCYNEXIS INC | $1.5M | 0.20% | 2,237,048 | Common | SOLE |
| 654484609 | NB | NIOCORP DEVS LTD | $732,703 | 0.10% | 314,465 | Common | SOLE |
| 98420X202 | XFOR | X4 PHARMACEUTICALS INC | $443,331 | 0.06% | 233,332 | Common | SOLE |
| 08862L103 | XAIR | BEYOND AIR INC | $161,390 | 0.02% | 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.