HBK INVESTMENTS L P

Top Holdings621 positions

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Activity:AllNewIncreasedDecreasedExitedUnchanged

Stock	Shares	Value	Weight	Price Trend	Avg Buy	Est. P&L	Held	Conviction
??STATE STREET SPDR S&P 500 ETF PUT	9.6M	$3.2B	24.1%	—	—	—	—	Increased —
??STATE STREET SPDR S&P 500 ETF CALL Delisted	2.8M	$924M	6.9%	—	—	—	—	Increased —
IMMUDelisted IMMUNOMEDICS INC	6.5M	$552.7M	4.1%	—	—	—	1 qtr	New 87
ETFCDelisted E TRADE FINANCIAL CORP	10.5M	$526.5M	3.9%	—	—	—	3 qtrssince 2020-Q1	Decreased 0
??SPDR GOLD TR PUT Delisted	2.4M	$425.1M	3.2%	—	—	—	—	New —
VARDelisted VARIAN MED SYS INC	2.5M	$421.4M	3.1%	—	—	—	1 qtr	New 86
AMTD AMTD IDEA Group	10.3M	$403.2M	3.0%	—	$42.78	-98.25%	2 qtrssince 2020-Q2	Increased 91
LVGODelisted LIVONGO HEALTH INC COM	2.8M	$390M	2.9%	—	—	—	1 qtr	New 81
??TESLA INCDelisted Bond	62.1M	$369.3M	2.8%	—	—	—	1 qtr	New 80
??INVESCO QQQ TRUST SERIES I PUT	1.3M	$361.2M	2.7%	—	—	—	—	Increased —
TIFDelisted TIFFANY & CO NEW	3M	$351M	2.6%	—	—	—	4 qtrssince 2019-Q4	Increased 56
??CAESARS ENTMT CORPDelisted Bond	165.3M	$321.5M	2.4%	—	—	—	3 qtrssince 2020-Q1	Unchanged 0
??TESLA INC COM PUT Delisted	638,000	$273.7M	2.0%	—	—	—	—	Increased —
MNTADelisted MOMENTA PHARMACEUTICALS INC	4.9M	$257.3M	1.9%	—	—	—	1 qtr	New 70
??TESLA INCDelisted Bond	25M	$172.9M	1.3%	—	—	—	2 qtrssince 2020-Q2	Unchanged 0
??UBER TECHNOLOGIES INC PUT Delisted	4.1M	$149.4M	1.1%	—	—	—	—	Decreased —
??TESLA INC CALL Delisted	328,500	$140.9M	1.1%	—	—	—	—	Increased —
??WAYFAIR INCDelisted Bond	50M	$128.5M	1.0%	—	—	—	1 qtr	New 59
MXIMDelisted MAXIM INTEGRATED PRODS INC	1.8M	$118.3M	0.9%	—	—	—	1 qtr	New 59
??ISHARES TR CALL	1.3M	$109.1M	0.8%	—	—	—	—	New —

$13.4B

AUM

621

Positions

Q3 2020

Filing

Rating · 3.5

Quarterly Portfolio Change

FilingEquity

Activity profile

$ moved · Q3'20

New47%Increased37%Decreased5%Exited11%

Composition

Equity vs derivatives

Equity45%Puts41%Calls15%

Holding period

Avg 3.1 quarters

<1Q23%1-4Q27%1-2Y50%2Y+0%

HBK INVESTMENTS L P manages $13.4B across 621 positions as of Q3 2020. Top holdings: STATE STREET SPDR S&P 500 ETF (24.1%), STATE STREET SPDR S&P 500 ETF (6.9%), IMMU (4.1%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 3.5/5.0.

Position Outcomes

Best and worst performing positions by estimated return

Top Winners

RF1Q held

REGIONS FINANCIAL CORP

Avg $9.22 · $229,611 est. P&L

Est. P&L

+243.82%

IR1Q held

INGERSOLL-RAND INC

Avg $35.39 · $587,070 est. P&L

Est. P&L

+132.56%

PTON2Q held

PELOTON INTERACTIVE INC-A

Avg $57.21 · $4.3M est. P&L

Est. P&L

+75.62%

Top Losers

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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.