PICTON MAHONEY ASSET MANAGEMENT
Follow13F filer, CIK 1539041, Toronto, Ontario, Canada
PICTON MAHONEY ASSET MANAGEMENT reported $11,082,966,000 across 1,069 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-12. Its ten largest share positions make up 25.32% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001539041-25-000062
- Period
- 2025-09-30
- Reported value
- $11.1B
- Holdings
- 1,069
- Top 10 weight
- 25.32%
- New
- 316
- Sold out
- 210
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| VOEadded | +334,159 | $58.3M |
| Badded | +1,488,438 | $48.9M |
| CMadded | +603,540 | $48.2M |
| CYBERARK SOFTWARE LTD/ISRAELadded | +94,102 | $45.5M |
| MDBadded | +99,523 | $30.9M |
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 |
|---|---|---|
| SLFexited | -1,322,756 | -$87.7M |
| CLSreduced | -223,748 | -$55M |
| TECKreduced | -946,157 | -$41.5M |
| BMOreduced | -310,912 | -$40.5M |
| WCNreduced | -217,174 | -$38.2M |
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 2025
Share positions as resolved from 13F-HR 0001539041-25-000062, largest first. % of portfolio is the value over $7,841,452,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| INTERPUBLIC GROUP COSINTERPUBLIC GROUP COS | 37 | $1K | <0.01% | -25,037 | |||
| AVNSAVANOS MED INC | 48 | $1K | <0.01% | 0 | Timeline | ||
| LZBLA Z BOY INC | 28 | $1K | <0.01% | 0 | Timeline | ||
| INVAINNOVIVA INC | 57 | $1K | <0.01% | 0 | Timeline | ||
| PLUSEPLUS INC | 13 | $1K | <0.01% | 0 | Timeline | ||
| UFPTUFP TECHNOLOGIES INC | 4 | $1K | <0.01% | 0 | Timeline | ||
| AMPHAMPHASTAR PHARMACEUTICALS IN | 24 | $1K | <0.01% | 0 | Timeline | ||
| AOSLALPHA & OMEGA SEMICONDUCTOR | 32 | $1K | <0.01% | 0 | Timeline | ||
| OXMOXFORD INDS INC | 13 | $1K | <0.01% | 0 | Timeline | ||
| PDMPIEDMONT REALTY TRUST INC | 116 | $1K | <0.01% | 0 | Timeline | ||
| TGLSTECNOGLASS INC | 17 | $1K | <0.01% | -774 | Timeline | ||
| SRSPIRE INC | 17 | $1K | <0.01% | 0 | Timeline | ||
| OFGOFG BANCORP | 26 | $1K | <0.01% | 0 | Timeline | ||
| BKUBANKUNITED INC | 32 | $1K | <0.01% | 0 | Timeline | ||
| TNCTENNANT CO | 12 | $1K | <0.01% | 0 | Timeline | ||
| QNSTQUINSTREET INC | 59 | $1K | <0.01% | 0 | Timeline | ||
| BUSEFIRST BUSEY CORP | 44 | $1K | <0.01% | 0 | Timeline | ||
| QCRHQCR HLDGS INC | 15 | $1K | <0.01% | 0 | Timeline | ||
| SFLSFL CORPORATION LTD | 103 | $1K | <0.01% | 0 | Timeline | ||
| TNKTEEKAY TANKERS LTD | 20 | $1K | <0.01% | 0 | Timeline | ||
| GABCGERMAN AMERN BANCORP INC | 29 | $1K | <0.01% | 0 | Timeline | ||
| EIGEMPLOYERS HLDGS INC | 24 | $1K | <0.01% | 0 | Timeline | ||
| RESRPC INC | 196 | $1K | <0.01% | 0 | Timeline | ||
| TPHTRI POINTE HOMES INC | 26 | $1K | <0.01% | -12,261 | Timeline | ||
| ALEXALEXANDER & BALDWIN INC | 57 | $1K | <0.01% | 0 | Timeline | ||
| ASBPWASPIRE-LAKEWOOD HOLDINGS INC | 50,000 | $1K | <0.01% | 0 | Timeline | ||
| SLXNWSILEXION THERAPEUTICS CORP | 57,175 | $1K | <0.01% | 0 | Timeline | ||
| XBP GLOBAL HOLDINGS INCXBP GLOBAL HOLDINGS INC | 50,000 | $1K | <0.01% | 0 | |||
| WTS PHOENIX BIOTECH ACQUISI…WTS PHOENIX BIOTECH ACQUISITIO | 75,000 | $1K | <0.01% | 0 | |||
| AMWDAMERICAN WOODMARK CORP | 13 | $1K | <0.01% | 0 | Timeline | ||
| EEMISHARES TR | 25 | $0 | 0% | new | Value filed as zero, left out of ratios. | Timeline | |
| IIPRINNOVATIVE INDL PPTYS INC | 9 | $0 | 0% | 0 | Value filed as zero, left out of ratios. | Timeline | |
| AMTMAMENTUM HOLDINGS INC | 8 | $0 | 0% | 0 | Value filed as zero, left out of ratios. | Timeline | |
| MYGNMYRIAD GENETICS INC | 43 | $0 | 0% | 0 | Value filed as zero, left out of ratios. | Timeline | |
| GIIIG III APPAREL GROUP LTD | 17 | $0 | 0% | 0 | Value filed as zero, left out of ratios. | Timeline | |
| NPACUNEW PROVIDENCE ACQUISITION C | 1 | $0 | 0% | -999,999 | Value filed as zero, left out of ratios. | Timeline | |
| PCAPUPROCAP ACQUISITION CORP | 6 | $0 | 0% | -149,994 | Value filed as zero, left out of ratios. | Timeline | |
| MCGAUYORKVILLE ACQUISITION CORP. | 4 | $0 | 0% | -84,996 | Value filed as zero, left out of ratios. | Timeline | |
| EVACUEQV VENTURES AC CORP. II | 4 | $0 | 0% | new | Value filed as zero, left out of ratios. | Timeline | |
| HCMAUHCM III ACQUISITION CORP | 5 | $0 | 0% | new | Value filed as zero, left out of ratios. | Timeline | |
| RACURITHM ACQUISITION CORP | 3 | $0 | 0% | 0 | Value filed as zero, left out of ratios. | Timeline |
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 |
|---|---|---|---|---|
| ISHARES TRISHARES TR CALL | call | 15,000,000 | $1.22B | +5,000,000 |
| ISHARES TRISHARES TR PUT | put | 15,000,000 | $1.22B | +5,000,000 |
| ISHARES TRISHARES TR Option | put | 640,000 | $164M | new |
| TESLA INCTESLA INC PUT | put | 240,000 | $107M | -137,000 |
| WASTE CONNECTIONS INCWASTE CONNECTIONS INC OPTION | call | 600,000 | $105M | new |
| THOMSON REUTERS CORPTHOMSON REUTERS CORP CALL | call | 500,000 | $77.6M | new |
| SPOTIFY TECHNOLOGY S ASPOTIFY TECHNOLOGY S A CALL | call | 60,000 | $41.9M | new |
| OKLO INCOKLO INC COM CL A | put | 300,000 | $33.5M | -1,125,000 |
| GE VERNOVA INCGE VERNOVA INC Option | put | 50,000 | $30.7M | new |
| COREWEAVE INCCOREWEAVE INC CALL | call | 200,000 | $27.4M | new |
| OPENDOOR TECHNOLOGIES INCOPENDOOR TECHNOLOGIES INC COM | put | 3,400,000 | $27.1M | new |
| TECK RESOURCES LTDTECK RESOURCES LTD CL B | call | 600,000 | $26.3M | new |
| KELLOGG COKELLOGG CO COM | put | 300,000 | $24.6M | 0 |
| HUBSPOT INCHUBSPOT INC COM | put | 50,000 | $23.4M | +30,000 |
| ROCKET COS INCROCKET COS INC CALL | call | 1,000,000 | $19.4M | 0 |
| REINSURANCE GROUP AMER INCREINSURANCE GROUP AMER INC Cmn | call | 100,000 | $19.2M | new |
| CONFLUENT INCCONFLUENT INC CALL | call | 750,000 | $14.8M | new |
| SYNOPSYS INCSYNOPSYS INC CALL | call | 29,500 | $14.6M | new |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC COM | call | 400,000 | $13.7M | new |
| BELLRING BRANDS INCBELLRING BRANDS INC COMMON STOCK | call | 360,000 | $13.1M | -240,000 |
| ADMA BIOLOGICS INCADMA BIOLOGICS INC COM | call | 780,000 | $11.4M | new |
| LEMONADE INCLEMONADE INC PUT | put | 200,000 | $10.7M | new |
| LIQUIDIA CORPORATIONLIQUIDIA CORPORATION PUT | put | 3,500 | $80K | new |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 | principal | 10,000,000 | $16.2M | new |
| GRANITE CONSTR INCGRANITE CONSTR INC NOTE 3.750% 5/1 | principal | 4,000,000 | $9.64M | new |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV | principal | 10,000,000 | $9.45M | new |
| ANI PHARMACEUTICALS INCANI PHARMACEUTICALS INC NOTE 2.250% 9/0 | principal | 4,000,000 | $5.63M | new |
| MKS INC.MKS INC. NOTE 1.250% 6/0 | principal | 2,000,000 | $2.19M | new |
Sold out in Q3 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
The largest 100 of 210. All 210
| Security | Shares before | Value before | Type |
|---|---|---|---|
| ISHARES TRISHARES TR | 1,234,000 | $266M | call |
| SLFSUN LIFE FINANCIAL INC. | 1,322,756 | $87.7M | shares |
| UNITEDHEALTH GROUP INCUNITEDHEALTH GROUP INC | 234,000 | $73M | call |
| COREWEAVE INCCOREWEAVE INC | 332,100 | $54.2M | put |
| DATADOG INCDATADOG INC | 350,000 | $47M | call |
| BROOKFIELD ASSET MANAGMT LTDBROOKFIELD ASSET MANAGMT LTD | 800,000 | $44.1M | call |
| STRATEGY INCSTRATEGY INC | 100,000 | $40.4M | put |
| HIMS & HERS HEALTH INCHIMS & HERS HEALTH INC | 800,000 | $39.9M | put |
| MAPLEBEAR INCMAPLEBEAR INC | 800,000 | $36.2M | put |
| DUN & BRADSTREET HLDGS INCDUN & BRADSTREET HLDGS INC | 3,866,832 | $35.1M | shares |
| DOORDASH INCDOORDASH INC | 136,000 | $33.5M | call |
| AZEK CO INCAZEK CO INC | 582,100 | $31.6M | shares |
| SKXSKECHERS U S A INC | 480,017 | $30.3M | shares |
| MARVELL TECHNOLOGY INCMARVELL TECHNOLOGY INC | 390,000 | $30.2M | call |
| METMETLIFE INC | 350,484 | $28.2M | shares |
| ISHARES TRISHARES TR | 125,000 | $27M | put |
| EWGISHARES INC | 637,361 | $27M | shares |
| HESS CORPHESS CORP | 185,000 | $25.6M | shares |
| BLUEPRINT MEDICINES CORPBLUEPRINT MEDICINES CORP | 170,000 | $21.8M | shares |
| CARTESIAN GROWTH CORP IIICARTESIAN GROWTH CORP III | 2,000,000 | $20.3M | shares |
| PNFPPINNACLE FINANCIAL PARTNERS | 183,086 | $20.2M | shares |
| ENSTAR GROUP LIMITEDENSTAR GROUP LIMITED | 60,134 | $20.2M | shares |
| UNMUNUM GROUP | 249,885 | $20.2M | shares |
| DDOGDATADOG INC | 133,943 | $18M | shares |
| MTBM & T BK CORP | 91,631 | $17.8M | shares |
| SNPSSYNOPSYS INC | 32,128 | $16.5M | shares |
| ARES ACQUISITION CORP IIARES ACQUISITION CORP II | 1,384,000 | $15.7M | shares |
| ITGARTNER INC | 35,170 | $14.2M | shares |
| CMECME GROUP INC | 50,519 | $13.9M | shares |
| FICOFAIR ISAAC CORP | 7,197 | $13.2M | shares |
| MAG SILVER CORPMAG SILVER CORP | 605,054 | $12.8M | shares |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC | 12,000,000 | $11.2M | shares |
| QCOMQUALCOMM INC | 70,529 | $11.2M | shares |
| ROPROPER TECHNOLOGIES INC | 19,264 | $10.9M | shares |
| AES CORPAES CORP | 1,000,000 | $10.5M | call |
| OYSEUOYSTER ENTERPRISES II ACQUIS | 1,000,000 | $10.1M | shares |
| FIGXUFIGX CAP ACQUISITION CORP. | 1,000,000 | $10M | shares |
| OBAWUOXLEY BRIDGE ACQ LTD | 1,000,000 | $10M | shares |
| NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION COR | 900,000 | $9.99M | shares |
| SAPSAP SE | 31,130 | $9.47M | shares |
| MUMICRON TECHNOLOGY INC | 72,406 | $8.92M | shares |
| ATSATS CORPORATION | 279,805 | $8.89M | shares |
| PNCPNC FINL SVCS GROUP INC | 46,559 | $8.68M | shares |
| TTDTHE TRADE DESK INC | 118,786 | $8.55M | shares |
| GTENUGORES HLDGS X INC | 800,000 | $8.31M | shares |
| SPRINGWORKS THERAPEUTICS INCSPRINGWORKS THERAPEUTICS INC | 175,000 | $8.22M | shares |
| IPCXUINFLECTION PT ACQUISITION CO | 750,000 | $7.88M | shares |
| IAMGOLD CORPIAMGOLD CORP | 1,000,000 | $7.34M | call |
| EVERI HLDGS INCEVERI HLDGS INC | 499,700 | $7.12M | shares |
| CELHCELSIUS HLDGS INC | 151,177 | $7.01M | shares |
| JUNIPER NETWORKS INCJUNIPER NETWORKS INC | 174,900 | $6.98M | shares |
| MRVLMARVELL TECHNOLOGY INC | 87,360 | $6.76M | shares |
| CRAQUCAL REDWOOD ACQUISITION CORP | 650,000 | $6.67M | shares |
| BJBJS WHSL CLUB HLDGS INC | 58,912 | $6.35M | shares |
| INTCINTEL CORP | 274,616 | $6.15M | shares |
| ALLYALLY FINL INC | 149,729 | $5.83M | shares |
| APPLIED DIGITAL CORPAPPLIED DIGITAL CORP | 550,000 | $5.54M | put |
| KVUEKENVUE INC | 262,294 | $5.49M | shares |
| RDAGUREPUBLIC DIGITAL ACQUISITION | 500,000 | $5.35M | shares |
| SITIO ROYALTIES CORPSITIO ROYALTIES CORP | 287,058 | $5.28M | shares |
| SDHIUSIDDHI ACQUISITION CORP | 500,000 | $5.16M | shares |
| CHURCHILL CAP CORP XCHURCHILL CAP CORP X | 500,000 | $5.15M | shares |
| JENAUJENA ACQUISITION CORP II | 500,000 | $5.14M | shares |
| SZZLUSIZZLE ACQUISITION CORP. II | 500,000 | $5.14M | shares |
| WLACWILLOW LANE ACQUISITION CORP | 500,000 | $5.12M | shares |
| SOULUSOULPOWER ACQUISITION CORP | 500,000 | $5.08M | shares |
| BLUWUBLUE WTR ACQUISITION CORP. I | 500,000 | $5M | shares |
| PACHUPIONEER ACQUISITION I CORP | 500,000 | $5M | shares |
| COHRCOHERENT CORP | 52,020 | $4.64M | shares |
| PGRPROGRESSIVE CORP | 15,580 | $4.16M | shares |
| JUNIPER NETWORKS INCJUNIPER NETWORKS INC | 100,000 | $3.99M | put |
| COSTCOSTCO WHOLESALE CORPORATION | 3,614 | $3.58M | shares |
| CCAQUCOLLECTIVE ACQUISITION CORP | 350,000 | $3.57M | shares |
| RVLVREVOLVE GROUP INC | 177,767 | $3.56M | shares |
| ABNBAIRBNB INC | 26,048 | $3.45M | shares |
| PMTRUPERIMETER ACQUISITION CORP I | 325,000 | $3.43M | shares |
| ORLAORLA MNG LTD NEW | 329,364 | $3.29M | shares |
| E2OPEN PARENT HOLDINGS INCE2OPEN PARENT HOLDINGS INC | 1,000,000 | $3.23M | shares |
| TVAIUTHAYER VENTURES ACQ CORP II | 300,000 | $3.05M | shares |
| D-WAVE QUANTUM INCD-WAVE QUANTUM INC | 200,000 | $2.93M | put |
| GSR III ACQUISITION CORPGSR III ACQUISITION CORP | 250,000 | $2.7M | shares |
| WENNUWEN ACQUISITION CORP | 250,000 | $2.64M | shares |
| BACCUBLUE ACQUISITION CORP. | 250,000 | $2.51M | shares |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP | 2,000,000 | $2.32M | shares |
| WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC | 200,000 | $2.3M | shares |
| BYDBOYD GAMING CORP | 28,722 | $2.25M | shares |
| HYACHAYMAKER ACQUISITION CORP IV | 200,000 | $2.22M | shares |
| CINEMARK HLDGS INCCINEMARK HLDGS INC | 1,000,000 | $2.12M | shares |
| EBAYEBAY INC. | 28,260 | $2.1M | shares |
| CHENGHE ACQUISITION II COCHENGHE ACQUISITION II CO | 200,000 | $2.08M | shares |
| XRPNUARMADA ACQUISITION CORP II | 200,000 | $2.04M | shares |
| LWACULIGHTWAVE ACQUISITION CORP | 200,000 | $2.01M | shares |
| NDAQNASDAQ INC | 20,900 | $1.87M | shares |
| DHRDANAHER CORP DEL | 9,300 | $1.84M | shares |
| MSIMOTOROLA SOLUTIONS INC | 4,310 | $1.81M | shares |
| AXINUAXIOM INTELLIGENCE AC CORP 1 | 175,000 | $1.77M | shares |
| PROFPROFOUND MED CORP | 254,329 | $1.5M | shares |
| GEVGE VERNOVA INC | 2,812 | $1.49M | shares |
| MELIMERCADOLIBRE INC | 546 | $1.43M | shares |
| APHAMPHENOL CORP | 14,146 | $1.4M | shares |
How Q3 2025 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 0001539041-25-000062 | base | 2025-11-12 | acceptance time not in the bulk data set |