KINGDON CAPITAL MANAGEMENT, L.L.C.
13F Reported Value
ⓘ$976.2M
incl. option notional
Equity Holdings
ⓘ$741.6M
Option Notional
ⓘ$234.5M
$192.4M puts / $42.2M calls
Holdings
74
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
KINGDON CAPITAL MANAGEMENT, L.L.C. disclosed 74 positions worth $976.2M in its Form 13F-HR for Q2 2026 — $741.6M in common stock plus $234.5M of put/call option positions (reported at underlying notional value, not premium at risk), followed by $SNDX and $NVDA. During the quarter the fund opened 33 new positions and exited 26 and a full exit from $SPY. The portfolio is most concentrated in Healthcare (31.3% of disclosed assets). All figures are sourced directly from KINGDON CAPITAL MANAGEMENT, L.L.C.’s Form 13F-HR filing with the SEC under CIK 1000097.
AI Fund Analysis
DiversifyingSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
ISHARES TR - ISHARES SEMICDTR PUT
—Quality
$83.3M130,000 sh- 33.8#2,378
Quality
$54.6M2,500,000 sh - 85.9#5
Quality
$48.0M240,000 sh - 54.3
Quality
$34.2M1,126,644 sh - 65.4
Quality
$25.4M600,000 sh - 71.4
Quality
$24.5M70,000 sh - —
Quality
$23.5M2,500,000 sh ISHARES INC - MSCI STH KOR ETF PUT
—Quality
$23.2M115,000 sh- 31.6
Quality
$23.2M340,000 sh - $22.1M30,000 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| ISHARES TR - ISHARES SEMICDTR PUT | — | $83.3M | 130,000 |
 Syndax Pharmaceuticals Inc$SNDX | 33.8#2,378 | $54.6M | 2,500,000 |
 NVIDIA CORP$NVDA | 85.9#5 | $48.0M | 240,000 |
 Warby Parker Inc.$WRBY | 54.3 | $34.2M | 1,126,644 |
 APi Group Corp$APG | 65.4 | $25.4M | 600,000 |
 Keysight Technologies, Inc.$KEYS | 71.4 | $24.5M | 70,000 |
 NexGen Energy Ltd.$NXE | — | $23.5M | 2,500,000 |
| ISHARES INC - MSCI STH KOR ETF PUT | — | $23.2M | 115,000 |
 GRAIL, Inc.$GRAL | 31.6 | $23.2M | 340,000 |
 INVESCO QQQ TRUST, SERIES 1$QQQPUT | — | $22.1M | 30,000 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of KINGDON CAPITAL MANAGEMENT, L.L.C.'s 74 positions.
Showing top 10 of 74 holdings.
Sector Allocation
Healthcare
$231.9M
Technology
$227.6M
Industrials
$164.2M
Materials
$50.8M
Consumer Discretionary
$25.8M
Real Estate
$17.9M
Financials
$10.4M
Consumer Staples
$7.4M
Full Holdings — KINGDON CAPITAL MANAGEMENT, L.L.C. (Q2 2026)
All 74 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | — | ISHARES TR - ISHARES SEMICDTR | $83.3M | — | NEW | — |
| 2 | $SNDX | Syndax Pharmaceuticals Inc | $54.6M | 7.4% | +0% | 33.8 |
| 3 | $NVDA | NVIDIA CORP | $48.0M | 6.5% | +20% | 85.9 |
| 4 | $WRBY | Warby Parker Inc. | $34.2M | 4.6% | +7% | 54.3 |
| 5 | $APG | APi Group Corp | $25.4M | 3.4% | +33% | 65.4 |
| 6 | $KEYS | Keysight Technologies, Inc. | $24.5M | 3.3% | -13% | 71.4 |
| 7 | $NXE | NexGen Energy Ltd. | $23.5M | 3.2% | +0% | — |
| 8 | — | ISHARES INC - MSCI STH KOR ETF | $23.2M | — | -4% | — |
| 9 | $GRAL | GRAIL, Inc. | $23.2M | 3.1% | NEW | 31.6 |
| 10 | $QQQPUT | INVESCO QQQ TRUST, SERIES 1 | $22.1M | — | NEW | — |
| 11 |  $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $21.5M | 2.9% | +0% | — |
| 12 |  $ECG | Everus Construction Group, Inc. | $20.7M | 2.8% | +0% | 66.3 |
| 13 |  $HIMS | Hims & Hers Health, Inc. | $18.8M | 2.5% | NEW | 53.4 |
| 14 | — | SPDR SERIES TRUST - ST STR SP REGBNK | $18.7M | — | NEW | — |
| 15 |  $CART | Maplebear Inc. | $18.0M | 2.4% | -19% | 70.6 |
| 16 |  $FLNC | Fluence Energy, Inc. | $17.9M | 2.4% | NEW | 43 |
| 17 |  $ILMN | ILLUMINA, INC. | $17.2M | 2.3% | NEW | 60.4 |
| 18 |  $TDY | TELEDYNE TECHNOLOGIES INC | $16.7M | 2.3% | +43% | 67.2 |
| 19 |  $HWM | Howmet Aerospace Inc. | $16.1M | 2.2% | -14% | 73.9 |
| 20 | — | ISHARES TR - RUSSELL 2000 ETF | $15.0M | — | -50% | — |
| 21 |  $OLMA | Olema Pharmaceuticals, Inc. | $15.0M | 2.0% | +40% | — |
| 22 |  $ISRG | INTUITIVE SURGICAL INC | $14.8M | 2.0% | NEW | 79.9 |
| 23 |  $FLEX | FLEX LTD. | $14.6M | 2.0% | -49% | — |
| 24 |  $CGNX | COGNEX CORP | $14.5M | 1.9% | +8% | 66.9 |
| 25 |  $BFLY | Butterfly Network, Inc. | $14.3M | 1.9% | NEW | 33.8 |
| 26 |  $GTX | Garrett Motion Inc. | $13.6M | 1.8% | -46% | 56.8 |
| 27 |  $CYTK | CYTOKINETICS INC | $13.4M | 1.8% | NEW | 28.1 |
| 28 |  $BKD | Brookdale Senior Living Inc. | $12.9M | 1.7% | -6% | 44.1 |
| 29 |  $VSEC | VSE CORP | $12.0M | 1.6% | -13% | 56.5 |
| 30 |  $PWR | QUANTA SERVICES, INC. | $11.5M | 1.6% | NEW | 72.1 |
| 31 |  $ZVRA | ZEVRA THERAPEUTICS, INC. | $11.1M | 1.5% | +0% | 72.8 |
| 32 |  $RAL | Ralliant Corp | $11.0M | 1.5% | -40% | 37.1 |
| 33 |  $FDX | FEDEX CORP | $11.0M | 1.5% | NEW | 60.3 |
| 34 |  $HEI | HEICO CORP | $10.7M | 1.4% | -25% | 75.6 |
| 35 |  $IVZ | Invesco Ltd. | $10.4M | 1.4% | NEW | — |
| 36 | — | ROUNDHILL ETF TRUST - MEMORY ETF | $10.3M | — | NEW | — |
| 37 |  $AER | AerCap Holdings N.V. | $10.2M | 1.4% | -22% | — |
| 38 |  $ITT | ITT INC. | $9.9M | 1.3% | NEW | 63 |
| 39 |  $BABA | Alibaba Group Holding Ltd | $9.6M | 1.3% | +11% | — |
| 40 | $BABAPUT | Alibaba Group Holding Ltd | $9.6M | — | NEW | — |
| 41 |  $REAL | TheRealReal, Inc. | $9.6M | 1.3% | +103% | 36.8 |
| 42 |  $VICR | VICOR CORP | $9.5M | 1.3% | +25% | 58.1 |
| 43 |  $GE | GENERAL ELECTRIC CO | $9.3M | 1.3% | NEW | 73.8 |
| 44 |  $AHR | American Healthcare REIT, Inc. | $9.1M | 1.2% | -42% | 54 |
| 45 |  $ENTG | ENTEGRIS INC | $9.0M | 1.2% | NEW | 58 |
| 46 |  $CR | Crane Co | $8.9M | 1.2% | -33% | 66.9 |
| 47 |  $GCO | GENESCO INC | $8.2M | 1.1% | +0% | 54.8 |
| 48 |  $DHIPUT | HORTON D R INC /DE/ | $8.1M | — | NEW | 53.6 |
| 49 |  $WWW | WOLVERINE WORLD WIDE INC /DE/ | $8.0M | 1.1% | +11% | 46.1 |
| 50 |  $AIR | AAR CORP | $7.5M | 1.0% | -48% | 60.8 |
| 51 |  $DAR | DARLING INGREDIENTS INC. | $7.4M | 1.0% | -29% | 63.5 |
| 52 |  $DAL | DELTA AIR LINES, INC. | $7.2M | 1.0% | NEW | 57.5 |
| 53 |  $RUNCALL | Sunrun Inc. | $6.7M | — | NEW | 56.3 |
| 54 | $FLNCPUT | Fluence Energy, Inc. | $6.0M | — | NEW | 43 |
| 55 | $IVZCALL | Invesco Ltd. | $5.9M | — | NEW | — |
| 56 |  $CRDO | Credo Technology Group Holding Ltd | $5.8M | 0.8% | -67% | 55.1 |
| 57 |  $LION | Lionsgate Studios Corp. | $5.7M | 0.8% | NEW | 43.4 |
| 58 |  $WELL | WELLTOWER INC. | $5.7M | 0.8% | -50% | 59.8 |
| 59 |  $ALDX | Aldeyra Therapeutics, Inc. | $5.6M | 0.8% | +23% | — |
| 60 |  $NVTSPUT | Navitas Semiconductor Corp | $5.4M | — | NEW | 9.8 |
| 61 | $KEYSPUT | Keysight Technologies, Inc. | $5.3M | — | NEW | 71.4 |
| 62 |  $FFIV | F5, INC. | $5.0M | 0.7% | NEW | 66.9 |
| 63 |  $IVA | Inventiva S.A. | $4.8M | 0.7% | NEW | — |
| 64 |  $ELDN | Eledon Pharmaceuticals, Inc. | $4.1M | 0.6% | +0% | — |
| 65 |  $EWTXPUT | Edgewise Therapeutics, Inc. | $4.1M | — | NEW | — |
| 66 |  $SHLSCALL | Shoals Technologies Group, Inc. | $4.0M | — | NEW | 44.5 |
| 67 |  $COMPCALL | Compass, Inc. | $3.7M | — | -25% | 61.2 |
| 68 |  $WDCCALL | WESTERN DIGITAL CORP | $3.2M | — | NEW | 80.7 |
| 69 | $COMP | Compass, Inc. | $3.1M | 0.4% | NEW | 61.2 |
| 70 |  $CMPX | Compass Therapeutics, Inc. | $3.1M | 0.4% | NEW | 28.1 |
| 71 |  $NB | NIOCORP DEVELOPMENTS LTD | $2.2M | 0.3% | +0% | — |
| 72 |  $SCYX | SCYNEXIS INC | $1.0M | 0.1% | -88% | — |
| 73 |  $JSPR | Jasper Therapeutics, Inc. | $569,237 | 0.1% | +0% | — |
| 74 |  $NVNO | enVVeno Medical Corp | $387,338 | 0.1% | +0% | — |
New Positions (33)
$GRAL GRAIL, Inc.$23.2M$QQQPUT INVESCO QQQ TRUST, SERIES 1$22.1M$HIMS Hims & Hers Health, Inc.$18.8M$FLNC Fluence Energy, Inc.$17.9M$ILMN ILLUMINA, INC.$17.2M$ISRG INTUITIVE SURGICAL INC$14.8M$BFLY Butterfly Network, Inc.$14.3M$CYTK CYTOKINETICS INC$13.4M$PWR QUANTA SERVICES, INC.$11.5M$FDX FEDEX CORP$11.0M$IVZ Invesco Ltd.$10.4M$ITT ITT INC.$9.9MExited Positions (26)
$SPYPUT SPDR S&P 500 ETF TRUST
$SLNO SOLENO THERAPEUTICS INC
$ICLR ICON PLC
$SRAD Sportradar Group AG
$WAY Waystar Holding Corp.
$HOODCALL Robinhood Markets, Inc.
$ACHC Acadia Healthcare Company, Inc.$GECALL GENERAL ELECTRIC CO
$CNL Collective Mining Ltd.
$NUCALL Nu Holdings Ltd.Browse Top Institutional Investors
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