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Rubric Capital Management LP

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13F filer, CIK 1687509, NEW YORK, NY

Rubric Capital Management LP reported $6,619,896,192 across 66 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-14. Its ten largest share positions make up 59.86% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001104659-25-078662

Period
2025-06-30
Reported value
$6.62B
Holdings
66
Top 10 weight
59.86%
New
10
Sold out
9

Largest buys vs the previous quarter

SecurityShares changeApprox. value
FLRnew+4,000,000$205M
VTRSnew+12,000,000$107M
VSTadded+478,834$92.8M
FTAIadded+749,080$86.2M
PCGnew+3,600,000$50.2M

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.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
TLNreduced-1,618,198-$471M
MR COOPER GROUP INCreduced-583,613-$87.1M
ADPTreduced-6,861,004-$79.9M
FLGexited-6,425,000-$74.7M
DOLEexited-4,155,656-$60M

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, Q2 2025

Share positions as resolved from 13F-HR 0001104659-25-078662, largest first. % of portfolio is the value over $6,217,742,392, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
TLNTALEN ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,368,614 shares; 2024Q4: 6,123,500 shares; 2025Q1: 6,123,500 shares; 2025Q2: 4,505,302 shares 4,505,302$1.31B21.07%-1,618,198Timeline
TEVATEVA PHARMACEUTICAL INDS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,005,498 shares; 2024Q4: 17,000,000 shares; 2025Q1: 25,550,000 shares; 2025Q2: 26,000,000 shares 26,000,000$436M7.01%+450,000Timeline
FTAIFTAI AVIATION LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,645,000 shares; 2025Q2: 3,394,080 shares 3,394,080$390M6.28%+749,080Timeline
GLNGGOLAR LNG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,535,062 shares; 2024Q4: 7,710,211 shares; 2025Q1: 8,975,149 shares; 2025Q2: 9,178,978 shares 9,178,978$378M6.08%+203,829Timeline
VSTVISTRA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,125,000 shares; 2024Q4: not reported; 2025Q1: 945,969 shares; 2025Q2: 1,424,803 shares 1,424,803$276M4.44%+478,834Timeline
ROIVROIVANT SCIENCES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 22,400,000 shares; 2024Q4: 20,000,000 shares; 2025Q1: 17,767,076 shares; 2025Q2: 20,370,336 shares 20,370,336$230M3.69%+2,603,260Timeline
FLRFLUOR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,783,441 shares; 2024Q4: 1,325,000 shares; 2025Q1: not reported; 2025Q2: 4,000,000 shares 4,000,000$205M3.3%newTimeline
BGCBGC GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,972,580 shares; 2024Q4: 16,976,380 shares; 2025Q1: 17,226,380 shares; 2025Q2: 17,005,582 shares 17,005,582$174M2.8%-220,798Timeline
TACTRANSALTA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,622,961 shares; 2024Q4: 7,612,663 shares; 2025Q1: 12,000,000 shares; 2025Q2: 15,948,451 shares 15,948,451$172M2.77%+3,948,451Timeline
ARQTARCUTIS BIOTHERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,966,672 shares; 2024Q4: 10,966,672 shares; 2025Q1: 10,966,672 shares; 2025Q2: 10,749,457 shares 10,749,457$151M2.42%-217,215Timeline
MCYMERCURY GENL CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,821,783 shares; 2025Q2: 2,054,504 shares 2,054,504$138M2.23%+232,721Timeline
QDELQUIDELORTHO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,200,000 shares; 2024Q4: 5,550,000 shares; 2025Q1: 6,140,000 shares; 2025Q2: 4,637,738 shares 4,637,738$134M2.15%-1,502,262Timeline
ALITALIGHT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,646,679 shares; 2024Q4: 11,646,679 shares; 2025Q1: 17,720,813 shares; 2025Q2: 19,626,953 shares 19,626,953$111M1.79%+1,906,140Timeline
KNSAKINIKSA PHARMACEUTICALS INTLQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,419,103 shares; 2024Q4: 2,619,103 shares; 2025Q1: 3,383,239 shares; 2025Q2: 3,909,806 shares 3,909,806$108M1.74%+526,567Timeline
VTRSVIATRIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,144,365 shares; 2024Q4: 20,144,365 shares; 2025Q1: not reported; 2025Q2: 12,000,000 shares 12,000,000$107M1.72%newTimeline
SDGRSCHRODINGER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,685,503 shares; 2024Q4: 5,000,000 shares; 2025Q1: 4,800,000 shares; 2025Q2: 5,000,000 shares 5,000,000$101M1.62%+200,000Timeline
RNWRENEW ENERGY GLOBAL PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,706,102 shares; 2024Q4: 14,527,412 shares; 2025Q1: 14,527,412 shares; 2025Q2: 14,438,061 shares 14,438,061$99.8M1.6%-89,351Timeline
AMRXAMNEAL PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,721,778 shares; 2024Q4: 10,721,778 shares; 2025Q1: 10,735,977 shares; 2025Q2: 11,710,332 shares 11,710,332$94.7M1.52%+974,355Timeline
COLLCOLLEGIUM PHARMACEUTICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,250,000 shares; 2024Q4: 2,350,000 shares; 2025Q1: 3,000,000 shares; 2025Q2: 3,157,743 shares 3,157,743$93.4M1.5%+157,743Timeline
IARTINTEGRA LIFESCIENCES HLDGS CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 293,083 shares; 2024Q4: 2,618,341 shares; 2025Q1: 4,643,672 shares; 2025Q2: 7,353,934 shares 7,353,934$90.2M1.45%+2,710,262Timeline
SSYSSTRATASYS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,191,000 shares; 2024Q4: 6,191,000 shares; 2025Q1: 6,597,333 shares; 2025Q2: 7,803,097 shares 7,803,097$89.5M1.44%+1,205,764Timeline
NFENEW FORTRESS ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 15,000,000 shares; 2025Q1: 24,338,675 shares; 2025Q2: 24,400,000 shares 24,400,000$81M1.3%+61,325Timeline
ADPTADAPTIVE BIOTECHNOLOGIES CORQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,400,000 shares; 2024Q4: 14,600,000 shares; 2025Q1: 13,117,851 shares; 2025Q2: 6,256,847 shares 6,256,847$72.9M1.17%-6,861,004Timeline
INDIVIOR PLCINDIVIOR PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,360,000 shares; 2025Q1: 3,530,039 shares; 2025Q2: 4,647,179 shares 4,647,179$68.5M1.1%+1,117,140
OPKOPKO HEALTH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 48,706,640 shares; 2024Q4: 48,706,640 shares; 2025Q1: 48,706,640 shares; 2025Q2: 47,791,243 shares 47,791,243$63.1M1.01%-915,397Timeline
ADEAADEIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,640,009 shares; 2024Q4: 4,640,009 shares; 2025Q1: 4,335,131 shares; 2025Q2: 4,284,205 shares 4,284,205$60.6M0.97%-50,926Timeline
ZYMEZYMEWORKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,917,331 shares; 2024Q4: 3,917,331 shares; 2025Q1: 4,338,444 shares; 2025Q2: 4,710,551 shares 4,710,551$59.1M0.95%+372,107Timeline
LBTYALIBERTY GLOBAL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,530,901 shares; 2024Q4: 6,595,439 shares; 2025Q1: 6,002,651 shares; 2025Q2: 5,692,225 shares 5,692,225$57M0.92%-310,426Timeline
DKDELEK US HLDGS INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,000,000 shares; 2024Q4: 2,600,000 shares; 2025Q1: 2,687,449 shares; 2025Q2: 2,687,449 shares 2,687,449$56.9M0.92%0Timeline
HRTXHERON THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 26,713,503 shares; 2024Q4: 26,713,503 shares; 2025Q1: 26,713,503 shares; 2025Q2: 26,713,503 shares 26,713,503$55.3M0.89%0Timeline
MR COOPER GROUP INCMR COOPER GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,035,998 shares; 2024Q4: 1,067,680 shares; 2025Q1: 921,537 shares; 2025Q2: 337,924 shares 337,924$50.4M0.81%-583,613
PCGPG&E CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 3,600,000 shares 3,600,000$50.2M0.81%newTimeline
TRVITREVI THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,026,931 shares; 2024Q4: 4,205,129 shares; 2025Q1: 4,538,535 shares; 2025Q2: 8,531,860 shares 8,531,860$46.7M0.75%+3,993,325Timeline
CNNECANNAE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,430,248 shares; 2024Q4: 1,430,248 shares; 2025Q1: 1,490,248 shares; 2025Q2: 2,105,864 shares 2,105,864$43.9M0.71%+615,616Timeline
OFIXORTHOFIX MED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,694,946 shares; 2024Q4: 3,694,946 shares; 2025Q1: 3,694,946 shares; 2025Q2: 3,721,715 shares 3,721,715$41.5M0.67%+26,769Timeline
MREOMEREO BIOPHARMA GROUP PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 15,307,347 shares; 2024Q4: 15,307,347 shares; 2025Q1: 15,307,347 shares; 2025Q2: 15,307,347 shares 15,307,347$41.5M0.67%0Timeline
PRLBPROTO LABS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 115,952 shares; 2025Q2: 1,034,171 shares 1,034,171$41.4M0.67%+918,219Timeline
ECVTECOVYST INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 4,707,347 shares 4,707,347$38.7M0.62%newTimeline
LBTYKLIBERTY GLOBAL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,522,428 shares; 2024Q4: 3,091,881 shares; 2025Q1: 3,293,518 shares; 2025Q2: 3,289,789 shares 3,289,789$33.9M0.55%-3,729Timeline
XPERXPERI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,143,744 shares; 2024Q4: 4,143,744 shares; 2025Q1: 4,143,744 shares; 2025Q2: 4,143,744 shares 4,143,744$32.8M0.53%0Timeline
GEOGEO GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 675,891 shares; 2025Q2: 1,247,393 shares 1,247,393$29.9M0.48%+571,502Timeline
MATVMATIV HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,000,000 shares; 2024Q4: 4,000,000 shares; 2025Q1: 4,000,000 shares; 2025Q2: 3,982,442 shares 3,982,442$27.2M0.44%-17,558Timeline
CMPRCIMPRESS PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 561,429 shares 561,429$26.4M0.42%newTimeline
INTEGRAL AD SCIENCE HLDNG COINTEGRAL AD SCIENCE HLDNG COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,973,870 shares; 2025Q1: 3,166,949 shares; 2025Q2: 2,971,951 shares 2,971,951$24.7M0.4%-194,998
MGTXMEIRAGTX HLDGS PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,776,321 shares; 2025Q2: 3,726,451 shares 3,726,451$24.3M0.39%+1,950,130Timeline
SPRYARS PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,029,101 shares; 2025Q2: 1,294,878 shares 1,294,878$22.6M0.36%+265,777Timeline
SUPNSUPERNUS PHARMACEUTICALSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 695,039 shares 695,039$21.9M0.35%newTimeline
TSATTELESAT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 959,764 shares; 2024Q4: 959,764 shares; 2025Q1: 859,512 shares; 2025Q2: 843,781 shares 843,781$20.6M0.33%-15,731Timeline
CEGCONSTELLATION ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 54,507 shares 54,507$17.6M0.28%newTimeline
SCPHARMACEUTICALS INCSCPHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,775,000 shares; 2024Q4: 4,775,000 shares; 2025Q1: 4,775,000 shares; 2025Q2: 4,601,977 shares 4,601,977$17.5M0.28%-173,023
ZVRAZEVRA THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,000 shares; 2024Q4: 616,123 shares; 2025Q1: 1,217,734 shares; 2025Q2: 1,958,318 shares 1,958,318$17.3M0.28%+740,584Timeline
CXWCORECIVIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 393,889 shares; 2025Q2: 815,280 shares 815,280$17.2M0.28%+421,391Timeline
ANIPANI PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 56,671 shares; 2024Q4: 56,671 shares; 2025Q1: 56,671 shares; 2025Q2: 257,669 shares 257,669$16.8M0.27%+200,998Timeline
THTARGET HOSPITALITY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 852,505 shares; 2025Q1: 2,000,000 shares; 2025Q2: 2,189,456 shares 2,189,456$15.6M0.25%+189,456Timeline
SEGSEAPORT ENTMT GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 276,942 shares; 2024Q4: 573,408 shares; 2025Q1: 573,408 shares; 2025Q2: 568,530 shares 568,530$10.6M0.17%-4,878Timeline
EMBCEMBECTA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,085,529 shares; 2024Q4: 1,085,529 shares; 2025Q1: 1,087,654 shares; 2025Q2: 1,037,416 shares 1,037,416$10.1M0.16%-50,238Timeline
ABUSARBUTUS BIOPHARMA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,681,090 shares; 2024Q4: 1,681,090 shares; 2025Q1: 1,681,090 shares; 2025Q2: 1,575,376 shares 1,575,376$4.87M0.08%-105,714Timeline
MYPSPLAYSTUDIOS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,711,190 shares; 2024Q4: 2,711,190 shares; 2025Q1: 2,711,190 shares; 2025Q2: 2,697,384 shares 2,697,384$3.53M0.06%-13,806Timeline
EDSAEDESA BIOTECH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 687,500 shares; 2025Q2: 687,500 shares 687,500$1.4M0.02%0Timeline
TXMDTHERAPEUTICSMD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,192,191 shares; 2024Q4: 1,192,191 shares; 2025Q1: 1,192,191 shares; 2025Q2: 1,192,191 shares 1,192,191$1.38M0.02%0Timeline
CHRSCOHERUS ONCOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,400,000 shares; 2024Q4: 5,258,754 shares; 2025Q1: 5,258,754 shares; 2025Q2: 867,800 shares 867,800$635K0.01%-4,390,954Timeline
OVIDOVID THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,315,969 shares; 2024Q4: 5,315,969 shares; 2025Q1: 5,315,969 shares; 2025Q2: 478,533 shares 478,533$158K<0.01%-4,837,436Timeline

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).

SecurityTypeAmountValueChange
XBISPDR SERIES TRUST S&P BIOTECHput2,000,000$166Mnew
TSLATESLA INC COMput430,000$137Mnew
HIMSHIMS & HERS HEALTH INC COM CL Aput2,000,000$99.7Mnew

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
OPKO HEALTH INCOPKO HEALTH INC NOTE 3.750% 1/1principal1,250,000$1.72M0

Sold out in Q2 2025

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

SecurityShares beforeValue beforeType
FLGFLAGSTAR BANK NATIONAL ASSOC6,425,000$74.7Mshares
DOLEDOLE PLC4,155,656$60Mshares
WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC5,007,592$55.9Mshares
MDPEDIATRIX MEDICAL GROUP INC3,133,299$45.4Mshares
PLABPHOTRONICS INC1,862,737$38.7Mshares
SIMOSILICON MOTION TECHNOLOGY CO700,882$35.4Mshares
PARAGON 28 INCPARAGON 28 INC1,879,635$24.5Mshares
OABIOMNIAB INC2,850,588$6.84Mshares
HOWLWEREWOLF THERAPEUTICS INC1,333,893$1.3Mshares

How Q2 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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001104659-25-078662 base2025-08-14acceptance time not in the bulk data set