KINGDON CAPITAL MANAGEMENT, L.L.C.
CIK 0001000097
Annualised vol
9.550549%
Beta
0.369658
HHI
255.453467
Top-10 weight
37.090463%
VaR 95%
0.886511%
VaR 99%
1.811549%
Max drawdown
18.657752%
Matched value
65.493284%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| SNDX | UNCHANGED | 2,500,000 | 2,500,000 | 0.0% | 54,650,000 |
| NVDA | ADDED | 240,000 | 200,000 | 20.0% | 48,021,600 |
| WRBY | ADDED | 1,126,644 | 1,053,644 | 6.93% | 34,182,379 |
| KEYS | ADDED | 85,000 | 80,000 | 6.25% | 29,755,950 |
| APG | ADDED | 600,000 | 450,000 | 33.33% | 25,410,000 |
| FLNC | NEW | 1,200,000 | - | - | 23,856,000 |
| NXE | UNCHANGED | 2,500,000 | 2,500,000 | 0.0% | 23,475,000 |
| GRAL | NEW | 340,000 | - | - | 23,211,800 |
| HIMS | NEW | 542,500 | - | - | 18,808,475 |
| CART | REDUCED | 380,000 | 470,000 | -19.15% | 17,993,000 |
| ILMN | NEW | 97,800 | - | - | 17,196,174 |
| TDY | ADDED | 25,000 | 17,500 | 42.86% | 16,672,500 |
| HWM | REDUCED | 60,000 | 70,000 | -14.29% | 16,131,600 |
| OLMA | ADDED | 1,200,000 | 855,000 | 40.35% | 15,012,000 |
| ISRG | NEW | 37,100 | - | - | 14,753,928 |
| FLEX | NEW | 90,000 | - | - | 14,586,300 |
| CGNX | ADDED | 200,000 | 185,000 | 8.11% | 14,484,000 |
| BFLY | NEW | 1,700,000 | - | - | 14,314,000 |
| GTX | REDUCED | 375,000 | 700,000 | -46.43% | 13,586,250 |
| CYTK | NEW | 157,100 | - | - | 13,383,349 |
| VSEC | REDUCED | 52,500 | 60,000 | -12.5% | 11,996,250 |
| ZVRA | UNCHANGED | 775,000 | 775,000 | 0.0% | 11,113,500 |
| RAL | REDUCED | 150,000 | 250,000 | -40.0% | 11,044,500 |
| FDX | NEW | 35,000 | - | - | 10,959,550 |
| HEI | REDUCED | 30,000 | 40,000 | -25.0% | 10,685,700 |
| ITT | NEW | 50,000 | - | - | 9,888,000 |
| VICR | REDUCED | 25,000 | 60,000 | -58.33% | 9,494,500 |
| AHR | REDUCED | 175,000 | 300,000 | -41.67% | 9,126,250 |
| ENTG | NEW | 50,000 | - | - | 8,993,000 |
| CR | REDUCED | 40,000 | 60,000 | -33.33% | 8,922,800 |
| GCO | UNCHANGED | 244,000 | 244,000 | 0.0% | 8,239,880 |
| AIR | REDUCED | 52,500 | 100,000 | -47.5% | 7,503,825 |
| DAR | REDUCED | 135,000 | 190,000 | -28.95% | 7,373,700 |
| DAL | NEW | 77,000 | - | - | 7,211,820 |
| COMP | ADDED | 550,000 | 400,000 | 37.5% | 6,781,500 |
| RUN | NEW | 500,000 | - | - | 6,690,000 |
| LION | NEW | 375,000 | - | - | 5,741,250 |
| WELL | REDUCED | 25,000 | 50,000 | -50.0% | 5,674,250 |
| ALDX | ADDED | 2,652,315 | 2,152,315 | 23.23% | 5,649,431 |
| NVTS | NEW | 300,000 | - | - | 5,376,000 |
| FFIV | NEW | 12,000 | - | - | 4,991,520 |
| ELDN | UNCHANGED | 1,039,275 | 1,039,275 | 0.0% | 4,094,744 |
| EWTX | NEW | 100,000 | - | - | 4,063,000 |
| WDC | NEW | 5,000 | - | - | 3,193,600 |
| CMPX | NEW | 1,400,000 | - | - | 3,066,000 |
| SCYX | REDUCED | 247,811 | 1,982,491 | -87.5% | 1,008,591 |
| JSPR | UNCHANGED | 1,352,106 | 1,352,106 | 0.0% | 569,237 |
| NVNO | UNCHANGED | 36,166 | 36,166 | 0.0% | 387,338 |
| SRAD | CLOSED OUT | 0 | 674,000 | -100.0% | 0 |
| CNL | CLOSED OUT | 0 | 425,000 | -100.0% | 0 |
| FPS | CLOSED OUT | 0 | 200,000 | -100.0% | 0 |
| TVTX | CLOSED OUT | 0 | 200,000 | -100.0% | 0 |
| ETOR | CLOSED OUT | 0 | 150,000 | -100.0% | 0 |
| GXO | CLOSED OUT | 0 | 125,000 | -100.0% | 0 |
| ICLR | CLOSED OUT | 0 | 105,300 | -100.0% | 0 |
| TTEK | CLOSED OUT | 0 | 100,000 | -100.0% | 0 |
| NOW | CLOSED OUT | 0 | 35,000 | -100.0% | 0 |
| ITRI | CLOSED OUT | 0 | 25,000 | -100.0% | 0 |
| AXON | CLOSED OUT | 0 | 14,500 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | ISHARES TR | ISHARES SEMICDTR | 464287523 | 83,298,800 | 8.53 | 130000.0 | |
| SNDX | UNCHANGED | SYNDAX PHARMACEUTICALS INC | COM | 87164F105 | 54,650,000 | 5.6 | 2500000.0 |
| NVDA | ADDED | NVIDIA CORPORATION | COM | 67066G104 | 48,021,600 | 4.92 | 240000.0 |
| WRBY | ADDED | WARBY PARKER INC | CL A COM | 93403J106 | 34,182,379 | 3.5 | 1126644.0 |
| APG | ADDED | API GROUP CORP | COM STK | 00187Y100 | 25,410,000 | 2.6 | 600000.0 |
| KEYS | ADDED | KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 | 24,504,900 | 2.51 | 70000.0 |
| NXE | UNCHANGED | NEXGEN ENERGY LTD | COM | 65340P106 | 23,475,000 | 2.4 | 2500000.0 |
| - | ISHARES INC | MSCI STH KOR ETF | 464286772 | 23,218,500 | 2.38 | 115000.0 | |
| GRAL | NEW | GRAIL INC | COM | 384747101 | 23,211,800 | 2.38 | 340000.0 |
| - | INVESCO QQQ TR | UNIT SER 1 | 46090E103 | 22,092,000 | 2.26 | 30000.0 | |
| - | TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | 21,490,650 | 2.2 | 45000.0 | |
| - | EVERUS CONSTR GROUP | COM | 300426103 | 20,743,750 | 2.13 | 125000.0 | |
| HIMS | NEW | HIMS & HERS HEALTH INC | COM CL A | 433000106 | 18,808,475 | 1.93 | 542500.0 |
| - | SPDR SERIES TRUST | ST STR SP REGBNK | 78464A698 | 18,712,500 | 1.92 | 250000.0 | |
| CART | REDUCED | MAPLEBEAR INC | COM | 565394103 | 17,993,000 | 1.84 | 380000.0 |
| FLNC | NEW | FLUENCE ENERGY INC | COM CL A | 34379V103 | 17,892,000 | 1.83 | 900000.0 |
| ILMN | NEW | ILLUMINA INC | COM | 452327109 | 17,196,174 | 1.76 | 97800.0 |
| TDY | ADDED | TELEDYNE TECHNOLOGIES INC | COM | 879360105 | 16,672,500 | 1.71 | 25000.0 |
| HWM | REDUCED | HOWMET AEROSPACE INC | COM | 443201108 | 16,131,600 | 1.65 | 60000.0 |
| - | ISHARES TR | RUSSELL 2000 ETF | 464287655 | 15,022,500 | 1.54 | 50000.0 | |
| OLMA | ADDED | OLEMA PHARMACEUTICALS INC | COM | 68062P106 | 15,012,000 | 1.54 | 1200000.0 |
| ISRG | NEW | INTUITIVE SURGICAL INC | COM NEW | 46120E602 | 14,753,928 | 1.51 | 37100.0 |
| FLEX | NEW | FLEX LTD | ORD | Y2573F102 | 14,586,300 | 1.49 | 90000.0 |
| CGNX | ADDED | COGNEX CORP | COM | 192422103 | 14,484,000 | 1.48 | 200000.0 |
| BFLY | NEW | BUTTERFLY NETWORK INC | COM CL A | 124155102 | 14,314,000 | 1.47 | 1700000.0 |
| GTX | REDUCED | GARRETT MOTION INC | COM | 366505105 | 13,586,250 | 1.39 | 375000.0 |
| CYTK | NEW | CYTOKINETICS INC | COM NEW | 23282W605 | 13,383,349 | 1.37 | 157100.0 |
| - | BROOKDALE SR LIVING INC | COM | 112463104 | 12,872,000 | 1.32 | 800000.0 | |
| VSEC | REDUCED | VSE CORP | COM | 918284100 | 11,996,250 | 1.23 | 52500.0 |
| - | QUANTA SVCS INC | COM | 74762E102 | 11,520,640 | 1.18 | 16000.0 | |
| ZVRA | UNCHANGED | ZEVRA THERAPEUTICS INC | COM NEW | 488445206 | 11,113,500 | 1.14 | 775000.0 |
| RAL | REDUCED | RALLIANT CORP | COM | 750940108 | 11,044,500 | 1.13 | 150000.0 |
| FDX | NEW | FEDEX CORP | COM | 31428X106 | 10,959,550 | 1.12 | 35000.0 |
| HEI | REDUCED | HEICO CORP NEW | COM | 422806109 | 10,685,700 | 1.09 | 30000.0 |
| - | INVESCO EXCH TRADED FD TR II | SOLAR ETF | 46138G706 | 10,351,250 | 1.06 | 175000.0 | |
| - | ROUNDHILL ETF TRUST | MEMORY ETF | 77926X320 | 10,339,000 | 1.06 | 140000.0 | |
| - | AERCAP HOLDINGS NV | SHS | N00985106 | 10,204,600 | 1.05 | 70000.0 | |
| ITT | NEW | ITT INC | COM | 45073V108 | 9,888,000 | 1.01 | 50000.0 |
| - | ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 | 9,598,000 | 0.98 | 100000.0 | |
| - | ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 | 9,598,000 | 0.98 | 100000.0 | |
| - | THE REALREAL INC | COM | 88339P101 | 9,585,270 | 0.98 | 813000.0 | |
| VICR | REDUCED | VICOR CORP | COM | 925815102 | 9,494,500 | 0.97 | 25000.0 |
| - | GE AEROSPACE | COM NEW | 369604301 | 9,343,250 | 0.96 | 25000.0 | |
| AHR | REDUCED | AMERICAN HEALTHCARE REIT INC | COM SHS | 398182303 | 9,126,250 | 0.93 | 175000.0 |
| ENTG | NEW | ENTEGRIS INC | COM | 29362U104 | 8,993,000 | 0.92 | 50000.0 |
| CR | REDUCED | CRANE COMPANY | COMMON STOCK | 224408104 | 8,922,800 | 0.91 | 40000.0 |
| GCO | UNCHANGED | GENESCO INC | COM | 371532102 | 8,239,880 | 0.84 | 244000.0 |
| - | D R HORTON INC | COM | 23331A109 | 8,144,000 | 0.83 | 50000.0 | |
| - | WOLVERINE WORLD WIDE INC | COM | 978097103 | 8,017,050 | 0.82 | 485000.0 | |
| AIR | REDUCED | AAR CORP | COM | 000361105 | 7,503,825 | 0.77 | 52500.0 |
| DAR | REDUCED | DARLING INGREDIENTS INC | COM | 237266101 | 7,373,700 | 0.76 | 135000.0 |
| DAL | NEW | DELTA AIR LINES INC | COM NEW | 247361702 | 7,211,820 | 0.74 | 77000.0 |
| RUN | NEW | SUNRUN INC | COM | 86771W105 | 6,690,000 | 0.69 | 500000.0 |
| FLNC | NEW | FLUENCE ENERGY INC | COM CL A | 34379V103 | 5,964,000 | 0.61 | 300000.0 |
| - | INVESCO EXCH TRADED FD TR II | SOLAR ETF | 46138G706 | 5,915,000 | 0.61 | 100000.0 | |
| - | CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 | 5,846,925 | 0.6 | 21500.0 | |
| LION | NEW | LIONSGATE STUDIOS CORP | COM | 53626N102 | 5,741,250 | 0.59 | 375000.0 |
| WELL | REDUCED | WELLTOWER INC | COM | 95040Q104 | 5,674,250 | 0.58 | 25000.0 |
| ALDX | ADDED | ALDEYRA THERAPEUTICS INC | COM | 01438T106 | 5,649,431 | 0.58 | 2652315.0 |
| NVTS | NEW | NAVITAS SEMICONDUCTOR CORP | COM | 63942X106 | 5,376,000 | 0.55 | 300000.0 |
| KEYS | ADDED | KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 | 5,251,050 | 0.54 | 15000.0 |
| FFIV | NEW | F5 INC | COM | 315616102 | 4,991,520 | 0.51 | 12000.0 |
| - | INVENTIVA SA | ADS | 46124U107 | 4,800,600 | 0.49 | 1270000.0 | |
| ELDN | UNCHANGED | ELEDON PHARMACEUTICALS INC | COM | 28617K101 | 4,094,744 | 0.42 | 1039275.0 |
| EWTX | NEW | EDGEWISE THERAPEUTICS INC | COM | 28036F105 | 4,063,000 | 0.42 | 100000.0 |
| - | SHOALS TECHNOLOGIES GROUP IN | CL A | 82489W107 | 3,960,000 | 0.41 | 400000.0 | |
| COMP | ADDED | COMPASS INC | CL A | 20464U100 | 3,699,000 | 0.38 | 300000.0 |
| WDC | NEW | WESTERN DIGITAL CORP | COM | 958102105 | 3,193,600 | 0.33 | 5000.0 |
| COMP | ADDED | COMPASS INC | CL A | 20464U100 | 3,082,500 | 0.32 | 250000.0 |
| CMPX | NEW | COMPASS THERAPEUTICS INC | COM | 20454B104 | 3,066,000 | 0.31 | 1400000.0 |
| - | NIOCORP DEVS LTD | COM NEW | 654484609 | 2,169,000 | 0.22 | 450000.0 | |
| SCYX | REDUCED | SCYNEXIS INC | COM | 811292309 | 1,008,591 | 0.1 | 247811.0 |
| JSPR | UNCHANGED | JASPER THERAPEUTICS INC | COM NEW | 471871202 | 569,237 | 0.06 | 1352106.0 |
| NVNO | UNCHANGED | ENVVENO MEDICAL CORPORATION | COM NEW | 29415J205 | 387,338 | 0.04 | 36166.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 976,167,326 | 74 | 9.550549 | 0.369658 | 18.657752 |
| 2026-03-31 | 2026-05-15 | 911,027,890 | 67 | 6.469989 | 0.240654 | 11.986077 |
| 2025-12-31 | 2026-02-17 | 841,184,013 | 68 | 9.978512 | 0.417834 | 17.924153 |
| 2025-09-30 | 2025-11-14 | 805,723,229 | 77 | 9.733847 | 0.427055 | 17.322725 |
| 2025-03-31 | 2025-05-15 | 944,921,825 | 67 | 6.7036 | 0.290258 | 13.468219 |
| 2024-12-31 | 2025-02-14 | 701,972,741 | 70 | 9.585985 | 0.393384 | 18.444867 |