Helix Partners Management LP

Portfolio Overview

Helix Partners Management LP disclosed 13 positions worth $373.8M in its Form 13F-HR for Q1 2026 — $156.7M in common stock plus $217.0M of put/call option positions (reported at underlying notional value, not premium at risk), led by $SPY (SPDR S&P 500 ETF TRUST) puts, followed by $QQQ and $CORZ. During the quarter the fund opened 4 new positions and exited 3 — including a new stake in $QQQ. The portfolio is most concentrated in Financials (61.1% of disclosed assets). All figures are sourced directly from Helix Partners Management LP’s Form 13F-HR filing with the SEC under CIK 1995612.

• 

  SPDR S&P 500 ETF TRUST

  $SPY PUT

  —

  Quality

  $146.3M225,000 sh
• 

  INVESCO QQQ TRUST, SERIES 1

  $QQQ PUT

  —

  Quality

  $70.7M122,500 sh
• 

  Core Scientific, Inc./tx

  $CORZ

  14.0#2,764

  Quality

  $66.0M4,411,000 sh
• 

  Global Net Lease, Inc.

  $GNL

  39.5

  Quality

  $28.3M3,021,832 sh
• 

  EchoStar CORP

  $ECHO

  29.5

  Quality

  $21.2M181,320 sh
• 

  CAPITAL ONE FINANCIAL CORP

  $COF

  71.0

  Quality

  $14.1M77,100 sh
• 

  PennyMac Financial Services, Inc.

  $PFSI

  54.2

  Quality

  $6.9M79,000 sh
• 

  ROYAL CARIBBEAN CRUISES LTD

  $RCL

  —

  Quality

  $5.8M20,900 sh
• 

  Synchrony Financial

  $SYF

  —

  Quality

  $5.2M77,000 sh
• 

  Cipher Digital Inc.

  $CIFR

  30.1

  Quality

  $3.6M279,200 sh

Company	Quality	Value	Shares
SPDR S&P 500 ETF TRUST$SPYPUT	—	$146.3M	225,000
INVESCO QQQ TRUST, SERIES 1$QQQPUT	—	$70.7M	122,500
Core Scientific, Inc./tx$CORZ	14.0#2,764	$66.0M	4,411,000
Global Net Lease, Inc.$GNL	39.5	$28.3M	3,021,832
EchoStar CORP$ECHO	29.5	$21.2M	181,320
CAPITAL ONE FINANCIAL CORP$COF	71.0	$14.1M	77,100
PennyMac Financial Services, Inc.$PFSI	54.2	$6.9M	79,000
ROYAL CARIBBEAN CRUISES LTD$RCL	—	$5.8M	20,900
Synchrony Financial$SYF	—	$5.2M	77,000
Cipher Digital Inc.$CIFR	30.1	$3.6M	279,200

Showing top 10 of 13 holdings.

Full Holdings — Helix Partners Management LP (Q1 2026)

All 13 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	$SPYPUT	SPDR S&P 500 ETF TRUST	$146.3M	—	+79%	—
2	$QQQPUT	INVESCO QQQ TRUST, SERIES 1	$70.7M	—	NEW	—
3	$CORZ	Core Scientific, Inc./tx	$66.0M	42.1%	-21%	14
4	$GNL	Global Net Lease, Inc.	$28.3M	18.1%	-16%	39.5
5	$ECHO	EchoStar CORP	$21.2M	13.5%	-24%	29.5
6	$COF	CAPITAL ONE FINANCIAL CORP	$14.1M	9.0%	+601%	71
7	$PFSI	PennyMac Financial Services, Inc.	$6.9M	4.4%	NEW	54.2
8	$RCL	ROYAL CARIBBEAN CRUISES LTD	$5.8M	3.7%	NEW	—
9	$SYF	Synchrony Financial	$5.2M	3.3%	+75%	—
10	$CIFR	Cipher Digital Inc.	$3.6M	2.3%	NEW	30.1
11	$PDM	Piedmont Realty Trust, Inc.	$2.9M	1.8%	-30%	—
12	$OPTU	Optimum Communications, Inc.	$2.2M	1.4%	+36%	29.7
13	$CYH	COMMUNITY HEALTH SYSTEMS INC	$588,000	0.4%	-46%	53.4