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Institutional

Rubric Capital Management LP

CIK 0001687509
$9.44B
Reported AUM
83
Positions
Q1 2026
Period
2026-05-15
Filed

The Brief · Rubric Capital Management LP · Q1 2026

AI · grounded in 13F

Rubric Capital Management LP established a new position in IWM valued at $1.28B. The fund also opened a new position in ZNGA for $80.47M and increased its stake in GIL by 444.38%. On the sell side, the fund closed its position in FLR, exiting the holding for $164.22M.

Portfolio · Q1 2026

IWM$1.28BTLN$1.15BFTAI$631.2MGLNG$496.7MTEVA$459.3MVTRS$452.6MTAC$232.9MBGC$227.9MVST$225.5MCEG$199.7MARQT$194.9MMCY$189.9MOther$3.70BRL

Top holdings

QoQ vs Q4 2025

#TickerIssuerValue% of bookΔ shares (QoQ)Status
1IWMISHARES TR$1.28B13.53%+5,150,000NEW
2TLNTALEN ENERGY CORP$1.15B12.18%HELD
3FTAIFTAI AVIATION LTD$631.2M6.69%-1,123,814-30.4%
4GLNGGOLAR LNG LTD$496.7M5.26%HELD
5TEVATEVA PHARMACEUTICAL INDS LTD$459.3M4.87%-6,105,510-28.6%
6VTRSVIATRIS INC$452.6M4.79%+8,000,000+31.4%
7TACTRANSALTA CORP$232.9M2.47%HELD
8BGCBGC GROUP INC$227.9M2.41%+2,300,000+11.0%
9VSTVISTRA CORP$225.5M2.39%-500,000-25.0%
10CEGCONSTELLATION ENERGY CORP$199.7M2.12%+45,000+6.7%
11ARQTARCUTIS BIOTHERAPEUTICS INC$194.9M2.06%HELD
12MCYMERCURY GENL CORP NEW$189.9M2.01%+100,000+4.9%
13KNSAKINIKSA PHARMACEUTICALS INTL$180.6M1.91%+421,347+12.7%
14ZYMEZYMEWORKS INC$175.3M1.86%+1,250,000+21.7%
15AKAMAKAMAI TECHNOLOGIES INC$149.3M1.58%+100,000+8.3%
16LBTYALIBERTY GLOBAL LTD$142.1M1.51%+1,734,423+17.3%
17ROIVROIVANT SCIENCES LTD$138.5M1.47%-4,000,000-44.4%
18AMRXAMNEAL PHARMACEUTICALS INC$137.2M1.45%-1,297,352-10.5%
19LILAKLIBERTY LATIN AMERICA LTD$135.8M1.44%+4,738,495+44.5%
20DKDELEK US HLDGS INC NEW$121.1M1.28%HELD
21CMPRCIMPRESS PLC$118.9M1.26%+104,419+6.8%
22ECVTECOVYST INC$117.5M1.24%-1,363,933-13.0%
23LBTYKLIBERTY GLOBAL LTD$108.6M1.15%+3,137,779+51.3%
24ADEAADEIA INC$102.9M1.09%HELD
25EPCEDGEWELL PERSONAL CARE CO$85.4M0.90%+2,992,929+297.2%
26ZNGAZOOM COMMUNICATIONS INC$80.5M0.85%+1,001,006NEW
27TDSTELEPHONE & DATA SYS INC$77.9M0.83%HELD
28GILGILDAN ACTIVEWEAR INC$77.7M0.82%+1,139,392+444.4%
29IARTINTEGRA LIFESCIENCES HLDGS C$73.0M0.77%HELD
30SDGRSCHRODINGER INC$68.2M0.72%+1,828,502+43.8%
31SPRYARS PHARMACEUTICALS INC$64.2M0.68%+1,800,000+29.0%
32GEOGEO GROUP INC$62.9M0.67%+256,265+7.3%
33SSYSSTRATASYS LTD$62.5M0.66%+659,974+9.0%
34ANDEANDERSONS INC$61.4M0.65%-149,812-14.9%
35MGTXMEIRAGTX HLDGS PLC$60.6M0.64%+824,669+13.4%
36ENOVENOVIS CORPORATION$55.8M0.59%HELD
37OPKOPKO HEALTH INC$54.5M0.58%HELD
38QDELQUIDELORTHO CORP$54.3M0.58%-470,876-12.5%
39PRMBPRIMO BRANDS CORPORATION$52.4M0.56%-846,411-23.3%
40NWLNEWELL BRANDS INC$52.3M0.55%+2,257,431+17.4%
41AMCRAMCOR PLC$50.5M0.53%+1,269,396NEW
42RNWRENEW ENERGY GLOBAL PLC$50.4M0.53%HELD
43PRTAPROTHENA CORP PLC$48.6M0.51%+1,322,669+36.0%
44PTGXPROTAGONIST THERAPEUTICS INC$45.1M0.48%+427,998NEW
45TRVITREVI THERAPEUTICS INC$44.3M0.47%-54,376-1.4%
46OFIXORTHOFIX MED INC$42.7M0.45%HELD
47COLLCOLLEGIUM PHARMACEUTICAL INC$42.3M0.45%-216,825-14.5%
48CXWCORECIVIC INC$38.9M0.41%+97,770+5.0%
49NRIXNURIX THERAPEUTICS INC$38.3M0.41%HELD
50DRVNDRIVEN BRANDS HLDGS INC$37.8M0.40%+3,000,000NEW
51CVGWCALAVO GROWERS INC$36.5M0.39%+1,416,662NEW
52CRICARTERS INC$36.4M0.39%+558,853+121.5%
53VISNVISTANCE NETWORKS INC$36.4M0.39%+2,000,000NEW
54MATVMATIV HOLDINGS INC$34.6M0.37%HELD
55LILALIBERTY LATIN AMERICA LTD$32.4M0.34%+1,806,935+93.0%
56TSATTELESAT CORP$30.5M0.32%HELD
57ABUSARBUTUS BIOPHARMA CORP$29.8M0.32%+5,051,013+320.6%
58PRLBPROTO LABS INC$27.7M0.29%-636,938-56.7%
59COMPCOMPASS INC$27.4M0.29%-3,253,152-46.5%
60BMRNBIOMARIN PHARMACEUTICAL INC$24.9M0.26%+440,560NEW
61HRTXHERON THERAPEUTICS INC$24.0M0.25%HELD
62AVOMISSION PRODUCE INC$23.8M0.25%+1,726,447NEW
63VGVENTURE GLOBAL INC$23.6M0.25%+1,500,000NEW
64XPERXPERI INC$23.2M0.25%HELD
65THTARGET HOSPITALITY CORP$20.3M0.22%HELD
66INDVINDIVIOR PHARMACEUTICALS INC$20.2M0.21%+662,515NEW
67ACHCACADIA HEALTHCARE COMPANY IN$19.9M0.21%HELD
68ADMAADMA BIOLOGICS INC$16.3M0.17%+1,809,408NEW
69DNOWDNOW INC$15.1M0.16%+1,267,527NEW
70SEGSEAPORT ENTMT GROUP INC$12.2M0.13%HELD
71CPRICAPRI HOLDINGS LIMITED$11.9M0.13%HELD
72ARDXARDELYX INC$11.1M0.12%+1,860,896NEW
73EMBCEMBECTA CORP$9.2M0.10%HELD
74MNKDMANNKIND CORP$8.9M0.09%-3,856,082-51.6%
75AEROGRUPO AEROMEXICO SAB DE CV$6.5M0.07%+467,129NEW
76HELEHELEN OF TROY LTD$5.3M0.06%+109,289+42.5%
77MREOMEREO BIOPHARMA GROUP PLC$5.1M0.05%HELD
78EPRXEUPRAXIA PHARMACEUTICALS INC$5.0M0.05%+691,170NEW
79PFSIPENNYMAC FINL SVCS INC NEW$4.8M0.05%+54,727NEW
80EDSAEDESA BIOTECH INC$3.6M0.04%HELD
81TXMDTHERAPEUTICSMD INC$2.4M0.03%HELD
82OPK 3.75 01/15/29OPKO HEALTH INC$1.5M0.02%HELD
83MYPSPLAYSTUDIOS INC$1.3M0.01%HELD
84FLRFLUOR CORP NEW-4,143,808EXITED
85EOSEEOS ENERGY ENTERPRISES INC-6,500,000EXITED
86ADMARCHER DANIELS MIDLAND CO-1,101,583EXITED
87BGBUNGE GLOBAL SA-676,510EXITED
88GPKGRAPHIC PACKAGING HLDG CO-2,000,000EXITED
89NFENEW FORTRESS ENERGY INC-23,701,399EXITED
90DARDARLING INGREDIENTS INC-680,827EXITED
91INDVINDIVIOR PLC-498,527EXITED
92SWSMURFIT WESTROCK PLC-400,000EXITED
93STUBSTUBHUB HLDGS INC-784,854EXITED

Source: SEC EDGAR · accession 0001104659-26-062466. 13F discloses long positions only — shorts, foreign equities, and options are excluded.