HBK INVESTMENTS L P
Institutional investor · Portfolio as of Q2 2025
Top Holdings215 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
HESS CORP | 9M | $1.2B | 16.3% | — | — | 7 qtrssince 2023-Q4 | Increased 75 |
KELLANOVA | 8.7M | $690.7M | 9.0% | $78.87 | -1.26% | 2 qtrssince 2024-Q4 | Decreased 0 |
BLUEPRINT MEDICINES CORP | 3.2M | $410.3M | 5.4% | — | — | 1 qtr | New 96 |
AZEK CO INC | 7.1M | $382.5M | 5.0% | — | — | 2 qtrssince 2025-Q1 | Increased 92 |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 587,200 | $362.8M | 4.7% | — | — | — | Increased — |
ENSTAR GROUP LIMITED | 743,533 | $250.1M | 3.3% | — | — | 2 qtrssince 2025-Q1 | Increased 57 |
CHAMPIONX CORPORATION | 8.5M | $211.1M | 2.8% | — | — | 1 qtr | New 79 |
SPDR GOLD TRUST | 667,200 | $203.4M | 2.7% | — | — | — | Increased — |
INFORMATICA INC | 8.3M | $202.1M | 2.6% | — | — | — | New 79 |
DUN & BRADSTREET HLDGS INC | 21.5M | $195.4M | 2.5% | — | — | 1 qtr | New 79 |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 300,000 | $185.4M | 2.4% | — | — | — | Increased — |
SKECHERS U S A INC | 2.3M | $148.2M | 1.9% | — | — | 1 qtr | New 69 |
STRATEGY INC | 365,700 | $147.8M | 1.9% | — | — | — | Increased — |
INTERPUBLIC GROUP COS INC | 6M | $146.7M | 1.9% | — | — | 1 qtr | Increased 77 |
SPRINGWORKS THERAPEUTICS INC | 2.6M | $122.6M | 1.6% | — | — | 1 qtr | New 69 |
ARK 21SHARES BITCOIN ETF | 3.3M | $116.9M | 1.5% | $33.89 | +4.84% | 6 qtrssince 2024-Q1 | Increased 76 |
SPDR SERIES TRUST | 869,000 | $109.3M | 1.4% | — | — | — | Increased — |
| 43.2M | $79.5M | 1.0% | — | — | 1 qtr | New 68 | |
TAIWAN SEMICONDUCTOR SPONSORED ADR /1 ADR REPS 5 ORD SHS/ | 338,900 | $76.8M | 1.0% | — | — | — | Decreased — |
GMS INC | 704,721 | $76.6M | 1.0% | — | — | 1 qtr | New 68 |
HBK INVESTMENTS L P manages $7.7B across 215 positions as of Q2 2025. Top holdings: HES (16.3%), K (9.0%), BPMC (5.4%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2.5/5.0.
Active quarter - 62 new positions, 46 exits, 27 increased. Top move: BPMC (NEW, conviction 96). Portfolio: $7.7B across 215 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer