Davidson Kempner Capital Management LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Davidson Kempner Capital Management LP disclosed 218 US equity positions worth $6.8bn in its Q4 2025 13F filing. The largest position was CYBERARK SOFTWARE LTD SHS at 9.4% of the reported book, followed by EXK and EA. Against the Q3 2025 filing, it opened 10 new positions, added to 25 and reduced 11 among the top 50 holdings.
What did Davidson Kempner Capital Management LP own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | CYBERARK SOFTWARE LTD SHS | 9.4% | $644.4m | 1,444,703 | 31% | added | |
| 2 | EXK EXACT SCIENCES CORP COM | Basic Materials | 6.3% | $429.7m | 4,230,749 | – | new |
| 3 | EA ELECTRONIC ARTS INC COM | Communication Services | 5.9% | $399.9m | 1,956,941 | 287% | added |
| 4 | CHART INDS INC COM | 4.4% | $298.6m | 1,447,737 | -26% | reduced | |
| 5 | 8QR CONFLUENT INC CLASS A COM | 3.9% | $267.0m | 8,829,908 | – | new | |
| 6 | ALIBABA GROUP HLDG LTD | 2.5% | $170.8m | 110,000,000 | 0% | held | |
| 7 | RIVIAN AUTOMOTIVE INC | 1.9% | $129.7m | 103,500,000 | 3% | added | |
| 8 | DAY DAYFORCE INC COM | 1.8% | $125.5m | 1,814,721 | – | new | |
| 9 | UBER UBER TECHNOLOGIES INC | 1.7% | $116.7m | 90,000,000 | 3% | added | |
| 10 | CONFLUENT INC | 1.6% | $111.7m | 115,000,000 | 30% | added | |
| 11 | ARKO ARKO CORP COM | 1.5% | $105.1m | 23,139,671 | 0% | held | |
| 12 | NGDN NEW GOLD INC CDA COM | 1.5% | $102.6m | 11,775,006 | – | new | |
| 13 | REDFIN CORP | 1.4% | $94.2m | 100,000,000 | -4% | reduced | |
| 14 | FORD MTR CO | 1.3% | $90.9m | 87,500,000 | 35% | added | |
| 15 | ECHO ECHOSTAR CORP CL A | Communication Services | 1.2% | $78.7m | 723,678 | 164% | added |
| 16 | LI AUTO INC | 1.1% | $75.6m | 75,000,000 | 15% | added | |
| 17 | SNOW SNOWFLAKE INC | 1.1% | $74.3m | 50,000,000 | -9% | reduced | |
| 18 | TRIP COM GROUP LTD | 1.1% | $73.8m | 60,000,000 | 0% | held | |
| 19 | B BARRICK MNG CORP COM SHS | Basic Materials | 1.1% | $72.3m | 1,659,141 | 374% | added |
| 20 | MSFT MICROSOFT CORP COM | Technology | 1.0% | $70.4m | 145,584 | 45% | added |
| 21 | NVTS NAVITAS SEMICONDUCTOR CORP COM | Technology | 1.0% | $68.8m | 9,629,629 | – | new |
| 22 | ETSY INC | 1.0% | $68.4m | 67,500,000 | 80% | added | |
| 23 | JD.COM INC | 1.0% | $65.0m | 65,000,000 | -35% | reduced | |
| 24 | CSX CSX CORP COM | Industrials | 0.9% | $63.6m | 1,755,078 | 76% | added |
| 25 | HUAZHU GROUP LTD | 0.9% | $63.0m | 47,500,000 | -3% | reduced | |
| 26 | CHRW C H ROBINSON WORLDWIDE INC COM NEW | Industrials | 0.9% | $62.7m | 390,000 | 50% | added |
| 27 | ETSY ETSY INC | 0.9% | $62.4m | 70,000,000 | 40% | added | |
| 28 | BA BOEING CO COM | Industrials | 0.9% | $60.8m | 280,000 | – | new |
| 29 | TDS TELEPHONE & DATA SYS INC COM NEW | Communication Services | 0.8% | $57.9m | 1,411,700 | 0% | held |
| 30 | H WORLD GROUP LTD | 0.8% | $57.3m | 45,000,000 | 12% | added | |
| 31 | ALARM COM HLDGS INC | 0.8% | $57.1m | 60,000,000 | 9% | added | |
| 32 | CVNA CARVANA CO CL A | Consumer Cyclical | 0.8% | $55.6m | 131,750 | -13% | reduced |
| 33 | NVDA NVIDIA CORPORATION COM | Technology | 0.8% | $53.7m | 288,200 | -44% | reduced |
| 34 | HO1 HOLOGIC INC COM | 0.8% | $53.7m | 720,423 | – | new | |
| 35 | META META PLATFORMS INC CL A | Communication Services | 0.8% | $53.6m | 81,145 | -62% | reduced |
| 36 | TMUS T-MOBILE US INC COM | Communication Services | 0.8% | $53.2m | 262,178 | 50% | added |
| 37 | WEIBO CORP | 0.7% | $50.4m | 43,500,000 | 9% | added | |
| 38 | VMC VULCAN MATLS CO COM | Basic Materials | 0.7% | $49.9m | 175,000 | 218% | added |
| 39 | RAPID7 INC | 0.7% | $49.5m | 52,500,000 | 26% | added | |
| 40 | MICROCHIP TECHNOLOGY INC | 0.7% | $49.0m | 50,000,000 | -4% | reduced | |
| 41 | KBR KBR INC COM | Industrials | 0.7% | $46.0m | 1,144,884 | 23% | added |
| 42 | NIO INC | 0.7% | $44.9m | 50,000,000 | 10% | added | |
| 43 | AXTI AXT INC COM | Technology | 0.7% | $44.7m | 2,734,693 | – | new |
| 44 | TDY TELEDYNE TECHNOLOGIES INC COM | Technology | 0.7% | $44.7m | 87,500 | – | new |
| 45 | T AT&T INC COM | Communication Services | 0.7% | $44.6m | 1,794,934 | -33% | reduced |
| 46 | FYBR FRONTIER COMMUNICATIONS PARE COM | 0.6% | $42.5m | 1,116,098 | -76% | reduced | |
| 47 | Z ZILLOW GROUP INC CL C CAP STK | Communication Services | 0.6% | $41.0m | 601,600 | 62% | added |
| 48 | SNAP SNAP INC | 0.6% | $40.8m | 45,000,000 | 28% | added | |
| 49 | NVRI ENVIRI CORP COM | Industrials | 0.6% | $40.5m | 2,258,800 | 34% | added |
| 50 | DATADOG INC | 0.6% | $39.9m | 40,000,000 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.