HBK INVESTMENTS L P
Institutional investor · Portfolio as of Q4 2025
Top Holdings260 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
NVIDIA CORP | 5.9M | $1.1B | 8.7% | — | — | — | Increased — |
CYBERARK SOFTWARE LTD | 2.5M | $1.1B | 8.6% | $482.49 | — | 2 qtrssince 2025-Q3 | Increased 65 |
EXACT SCIENCES CORP | 7.6M | $776.6M | 6.1% | $101.90 | — | 1 qtr | New 98 |
HOLOGIC INC | 8.4M | $625.7M | 4.9% | $74.54 | 0.00% | 1 qtr | New 87 |
NORFOLK SOUTHERN CORP | 2.1M | $615M | 4.8% | $291.12 | -2.07% | 2 qtrssince 2025-Q3 | Increased 85 |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 841,400 | $573.8M | 4.5% | — | — | — | Increased — |
DAYFORCE INC | 7.9M | $542.9M | 4.3% | $69.01 | — | 2 qtrssince 2025-Q3 | Increased 89 |
CONFLUENT INC | 15M | $453.6M | 3.6% | $30.13 | +2.06% | 1 qtr | New 87 |
CHART INDS INC | 2M | $406.1M | 3.2% | $199.82 | +3.28% | 2 qtrssince 2025-Q3 | Decreased 0 |
ELECTRONIC ARTS INC | 1.9M | $390.3M | 3.1% | $204.35 | 0.00% | 1 qtr | New 86 |
COMERICA INC | 4M | $345.5M | 2.7% | $87.47 | — | 1 qtr | New 80 |
| 4.4M | $314.8M | 2.5% | $72.15 | — | 1 qtr | New 80 | |
FRONTIER COMMUNICATIONS PARE | 7.8M | $296.9M | 2.3% | $37.73 | — | 2 qtrssince 2025-Q3 | Increased 85 |
AIR LEASE CORP | 4.6M | $295.6M | 2.3% | $63.76 | +0.79% | 2 qtrssince 2025-Q3 | Increased 78 |
LIBERTY BROADBAND C-W/I | 5.9M | $287.2M | 2.3% | $62.93 | -22.42% | 2 qtrssince 2025-Q3 | Increased 55 |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 421,000 | $287.1M | 2.3% | — | — | — | Increased — |
CIDARA THERAPEUTICS INC | 1.3M | $278.3M | 2.2% | $220.80 | — | 1 qtr | New 80 |
WARNER BROS DISCOVERY INC | 8.9M | $257.2M | 2.0% | $25.32 | +14.30% | 4 qtrssince 2025-Q1 | Increased 85 |
AMICUS THERAPEUTICS INC | 15.3M | $217.2M | 1.7% | $14.25 | 0.00% | 1 qtr | New 70 |
INVESCO QQQ TRUST SERIES 1 CL USD INC | 335,400 | $206M | 1.6% | — | — | — | New — |
HBK INVESTMENTS L P manages $12.7B across 260 positions as of Q4 2025. Top holdings: NVDA (8.7%), CYBR (8.6%), EXAS (6.1%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2.5/5.0.
Active quarter - 66 new positions, 52 exits, 25 increased. Top move: EXAS (NEW, conviction 98). Portfolio: $12.7B across 260 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
Similar Funds
Funds with similar investing DNA
Explore More
Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
Continue exploring
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer