KINGDON CAPITAL MANAGEMENT, L.L.C.

13F filer, CIK 1000097, NEW YORK, NY

KINGDON CAPITAL MANAGEMENT, L.L.C. reported $901,810,532 across 79 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 30.78% of the portfolio.

Filed 2024-11-14 (acceptance time not in the bulk data set), ingested 2026-10-07 18:26:56 UTC13F-HR 0001000097-24-000017

Period: 2024-09-30
Reported value: $902M
Holdings: 79
Top 10 weight: 30.78%
New: 30
Sold out: 33

Largest buys vs the previous quarter

Security	Shares change	Approx. value
ABTnew	+167,100	$19.1M
SAIAnew	+32,500	$14.2M
ONONnew	+280,000	$14M
ALGNnew	+52,900	$13.5M
APDnew	+41,500	$12.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
UNHexited	-39,700	-$20.2M
FTAIreduced	-125,000	-$16.6M
INSMreduced	-225,000	-$16.4M
AMZNexited	-67,500	-$13M
Vexited	-45,000	-$11.8M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2024

Share positions as resolved from 13F-HR 0001000097-24-000017, largest first. % of portfolio is the value over $681,282,532, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
INSMINSMED INC	400,000	$29.2M	4.29%	-225,000	Timeline
THCTENET HEALTHCARE CORP	166,222	$27.6M	4.06%	+27,874	Timeline
TNDMTANDEM DIABETES CARE INC	530,000	$22.5M	3.3%	+161,000	Timeline
PRAXPRAXIS PRECISION MEDICINES I	368,000	$21.2M	3.11%	-47,000	Timeline
SNDXSYNDAX PHARMACEUTICALS INC	1,000,000	$19.2M	2.83%	+105,007	Timeline
MMM3M CO	140,000	$19.1M	2.81%	+30,000	Timeline
ABTABBOTT LABORATORIES	167,100	$19.1M	2.8%	new	Timeline
AMDADVANCED MICRO DEVICES INC	110,000	$18M	2.65%	-5,000	Timeline
CRHCRH PLC	185,000	$17.2M	2.52%	-15,000	Timeline
TAPMOLSON COORS BEVERAGE CO	288,200	$16.6M	2.43%	0	Timeline
FTAIFTAI AVIATION LTD	115,000	$15.3M	2.24%	-125,000	Timeline
APGAPI GROUP CORP	450,000	$14.9M	2.18%	-175,000	Timeline
IPINTERNATIONAL PAPER CO	300,000	$14.7M	2.15%	+150,000	Timeline
CRLCHARLES RIV LABS INTL INC	74,100	$14.6M	2.14%	+4,300	Timeline
HEIHEICO CORP NEW	55,000	$14.4M	2.11%	+5,000	Timeline
SAIASAIA INC	32,500	$14.2M	2.09%	new	Timeline
CYTKCYTOKINETICS INC	266,700	$14.1M	2.07%	0	Timeline
ONONON HLDG AG	280,000	$14M	2.06%	new	Timeline
ALGNALIGN TECHNOLOGY INC	52,900	$13.5M	1.97%	new	Timeline
METAMETA PLATFORMS INC	22,500	$12.9M	1.89%	-5,000	Timeline
WMWASTE MGMT INC DEL	60,000	$12.5M	1.83%	+5,000	Timeline
APDAIR PRODUCTS AND CHEMICALS I	41,500	$12.4M	1.81%	new	Timeline
HASHASBRO INC	170,000	$12.3M	1.8%	0	Timeline
GDGENERAL DYNAMICS CORP	40,000	$12.1M	1.77%	+6,800	Timeline
PWRQUANTA SVCS INC	40,000	$11.9M	1.75%	-15,000	Timeline
NXENEXGEN ENERGY LTD	1,777,837	$11.6M	1.7%	+600,000	Timeline
CWCURTISS WRIGHT CORP	35,000	$11.5M	1.69%	+1,022	Timeline
LOWLOWES COS INC	42,300	$11.5M	1.68%	+8,800	Timeline
TXNTEXAS INSTRS INC	55,000	$11.4M	1.67%	new	Timeline
PLAYDAVE & BUSTERS ENTMT INC	332,500	$11.3M	1.66%	new	Timeline
TSMTAIWAN SEMICONDUCTOR MANUFAC	65,000	$11.3M	1.66%	-12,500	Timeline
GHGUARDANT HEALTH INC	485,000	$11.1M	1.63%	-185,200	Timeline
CPRICAPRI HOLDINGS LIMITED	250,000	$10.6M	1.56%	new	Timeline
WMTWALMART INC	130,500	$10.5M	1.55%	0	Timeline
MTDMETTLER TOLEDO INTERNATIONAL	6,750	$10.1M	1.49%	new	Timeline
CDNSCADENCE DESIGN SYSTEM INC	35,000	$9.49M	1.39%	-2,500	Timeline
TTEKTETRA TECH INC NEW	200,000	$9.43M	1.38%	+160,000	Timeline
JSPRJASPER THERAPEUTICS INC	497,000	$9.35M	1.37%	0	Timeline
FLEXFLEX LTD	250,000	$8.36M	1.23%	-50,000	Timeline
MGPIMGP INGREDIENTS INC NEW	99,975	$8.32M	1.22%	+13,725	Timeline
PSNPARSONS CORP DEL	75,000	$7.78M	1.14%	-35,000	Timeline
MSFTMICROSOFT CORP	18,000	$7.75M	1.14%	-2,000	Timeline
WSOWATSCO INC	15,000	$7.38M	1.08%	new	Timeline
AERAERCAP HOLDINGS NV	75,000	$7.1M	1.04%	-45,000	Timeline
IMAXIMAX CORP	300,000	$6.15M	0.9%	new	Timeline
BJBJS WHSL CLUB HLDGS INC	72,700	$6M	0.88%	new	Timeline
ITRIITRON INC	55,000	$5.87M	0.86%	+5,000	Timeline
GRMNGARMIN LTD	33,000	$5.81M	0.85%	-16,600	Timeline
WWWWOLVERINE WORLD WIDE INC	295,000	$5.14M	0.75%	new	Timeline
VSTVISTRA CORP	40,000	$4.74M	0.7%	0	Timeline
CSGPCOSTAR GROUP INC	60,000	$4.53M	0.66%	new	Timeline
OWLBLUE OWL CAPITAL INC	225,000	$4.36M	0.64%	new	Timeline
OPTINOSE INCOPTINOSE INC	5,599,237	$3.75M	0.55%	0
SCPHARMACEUTICALS INCSCPHARMACEUTICALS INC	800,000	$3.65M	0.54%	new
RAPT THERAPEUTICS INCRAPT THERAPEUTICS INC	1,725,000	$3.47M	0.51%	0
ALAIR LEASE CORP	75,000	$3.4M	0.5%	+25,000	Timeline
SCYXSCYNEXIS INC	2,237,048	$3.33M	0.49%	0	Timeline
X4 PHARMACEUTICALS INCX4 PHARMACEUTICALS INC	4,638,683	$3.1M	0.46%	+15,000
ENVVENO MEDICAL CORPORATIONENVVENO MEDICAL CORPORATION	859,261	$2.89M	0.42%	+205,391
TPICQTPI COMPOSITES INC COM	600,000	$2.73M	0.4%	new	Timeline
QTRXQUANTERIX CORP	200,000	$2.59M	0.38%	new	Timeline
GEVGE VERNOVA INC	10,000	$2.55M	0.37%	new	Timeline
GEGGREAT ELM GROUP INC	1,268,907	$2.42M	0.36%	0	Timeline
TANINVESCO EXCH TRADED FD TR II	50,000	$2.16M	0.32%	new	Timeline
ONTONTERRIS INC	80,000	$2.1M	0.31%	+40,000	Timeline
NBNIOCORP DEVS LTD	314,465	$686K	0.1%	0	Timeline
CRISCURIS INC	90,000	$485K	0.07%	-255,730	Timeline
BEYOND AIR INCBEYOND AIR INC	567,526	$220K	0.03%	-790,638

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

Security	Type	Amount	Value	Change
SPYSTATE STR SPDR S&P 500 ETF T SHS	put	150,000	$86.1M	new
XLFSELECT SECTOR SPDR TR SHS	put	750,000	$34M	-50,000
VSTVISTRA CORP Stock	put	200,000	$23.7M	new
MUMICRON TECHNOLOGY INC COM	put	125,000	$13M	new
ZZILLOW GROUP INC Stock	put	200,000	$12.8M	new
GSGOLDMAN SACHS GROUP INC COM	put	25,000	$12.4M	new
TANINVESCO EXCH TRADED FD TR II SOLAR ETF	call	250,000	$10.8M	new
AMDADVANCED MICRO DEVICES INC COM	put	62,500	$10.3M	new
FLNCFLUENCE ENERGY INC COM CL A	call	300,000	$6.81M	new
ITBISHARES TR US HOME CONS ETF	put	50,000	$6.36M	new
INFYINFOSYS LTD ADR	call	200,000	$4.45M	new

Sold out in Q3 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
RSPINVESCO EXCHANGE TRADED FD T	440,000	$72.3M	put
VVISA INC	100,000	$26.2M	call
BACBANK OF AMER CORP	550,000	$21.9M	call
EEMISHARES TR	500,000	$21.3M	call
IWMISHARES TR	100,000	$20.3M	put
UNHUNITEDHEALTH GROUP INC	39,700	$20.2M	shares
SMHVANECK ETF TRUST	65,000	$16.9M	put
XHBSPDR SERIES TRUST	150,000	$15.2M	put
AMZNAMAZON COM INC	67,500	$13M	shares
VVISA INC	45,000	$11.8M	shares
INSPINSPIRE MED SYS INC	86,300	$11.5M	shares
KKRKKR & CO INC	100,000	$10.5M	call
TAT&T INC	550,000	$10.5M	shares
XLUSELECT SECTOR SPDR TR	150,000	$10.2M	call
HSYHERSHEY CO	51,800	$9.52M	shares
MAMASTERCARD INCORPORATED	20,000	$8.82M	shares
DELLDELL TECHNOLOGIES INC	62,500	$8.62M	shares
AMEAMETEK INC	50,000	$8.34M	shares
NVTNVENT ELEC PLC	100,000	$7.66M	shares
DELLDELL TECHNOLOGIES INC	55,000	$7.59M	put
CAGCONAGRA BRANDS INC	253,000	$7.19M	shares
METAMETA PLATFORMS INC	12,500	$6.3M	put
AFRMAFFIRM HLDGS INC	200,000	$6.04M	put
EXPEEXPEDIA GROUP INC	47,500	$5.98M	shares
CEGCONSTELLATION ENERGY CORP	25,000	$5.01M	call
ALAIR LEASE CORP	100,000	$4.75M	call
BEKEKE HLDGS INC	315,000	$4.46M	shares
KKRKKR & CO INC	35,000	$3.68M	shares
INSMINSMED INC	47,800	$3.2M	call
NEW YORK COMMUNITY BANCORPNEW YORK COMMUNITY BANCORP	750,000	$2.42M	call
BITOPROSHARES TR	100,000	$2.25M	call
ALITALIGHT INC	250,000	$1.84M	shares
SOL GEL TECHNOLOGIESSOL GEL TECHNOLOGIES	121,706	$108K	shares

How Q3 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001000097-24-000017	base		2024-11-14	acceptance time not in the bulk data set	2026-10-07 18:26:56 UTC