HBK Investments L P 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
HBK Investments L P disclosed 109 US equity positions worth $5.7bn in its Q1 2025 13F filing. The largest position was HES at 20.5% of the reported book, followed by KEL and ITCIEUR. Against the Q4 2024 filing, it opened 15 new positions, added to 14 and reduced 12 among the top 50 holdings.
What did HBK Investments L P own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | HES HESS CORP | 20.5% | $1.2bn | 7,355,900 | 2% | added | |
| 2 | KEL KELLANOVA | 14.4% | $824.4m | 9,994,462 | 16% | added | |
| 3 | ITCIEUR INTRA-CELLULAR THERAPIES INC | 10.1% | $578.5m | 4,385,000 | – | new | |
| 4 | BERYEUR BERRY GLOBAL GROUP INC | 7.0% | $400.8m | 5,741,829 | 200% | added | |
| 5 | BECNUSD BEACON ROOFING SUPPLY INC | 6.6% | $379.1m | 3,065,000 | – | new | |
| 6 | ENSTAR GROUP LIMITED | 4.3% | $244.5m | 735,752 | – | new | |
| 7 | PAYCOR HCM INC | 3.5% | $200.9m | 8,952,865 | – | new | |
| 8 | FYBR FRONTIER COMMUNICATIONS PARE | 3.3% | $186.9m | 5,212,119 | – | new | |
| 9 | DFSEUR DISCOVER FINL SVCS | 1.8% | $101.7m | 596,072 | – | new | |
| 10 | HEESEUR H & E EQUIPMENT SERVICES INC | 1.6% | $89.5m | 944,173 | – | new | |
| 11 | AZEK AZEK CO INC | 1.5% | $86.2m | 1,763,986 | – | new | |
| 12 | IPG INTERPUBLIC GROUP COS INC | 1.3% | $74.8m | 2,752,793 | – | new | |
| 13 | MICROSTRATEGY INC | 1.2% | $71.5m | 35,109,000 | – | new | |
| 14 | ARKB ARK 21SHARES BITCOIN ETF | 1.2% | $67.2m | 817,168 | -42% | reduced | |
| 15 | HCI GROUP INC | 1.1% | $65.1m | 34,539,000 | 9% | added | |
| 16 | TWO HARBORS INVENTMENT CORPO | 1.0% | $57.9m | 58,122,000 | 0% | held | |
| 17 | INFINERA CORP | 0.9% | $52.2m | 43,131,000 | -31% | reduced | |
| 18 | G2C EVERI HLDGS INC | 0.9% | $49.7m | 3,633,557 | 69% | added | |
| 19 | IWM ISHARES TR | 0.7% | $40.9m | 204,886 | 68% | added | |
| 20 | FE FIRSTENERGY CORP | 0.6% | $36.9m | 36,408,000 | 0% | held | |
| 21 | FRESHPET INC | 0.6% | $36.3m | 25,645,000 | 0% | held | |
| 22 | LANTHEUS HLDGS INC | 0.6% | $35.4m | 25,000,000 | 0% | held | |
| 23 | UBER UBER TECHNOLOGIES INC | Technology | 0.6% | $33.9m | 464,883 | 33% | added |
| 24 | FBTC FIDELITY WISE ORIGIN BITCOIN | 0.6% | $31.7m | 440,666 | -84% | reduced | |
| 25 | KOSMOS ENERGY LTD | 0.5% | $30.6m | 40,000,000 | – | new | |
| 26 | NWSA NEWS CORP NEW | Communication Services | 0.5% | $30.2m | 1,110,000 | 1% | added |
| 27 | PI IMPINJ INC | 0.5% | $27.4m | 24,130,000 | -33% | reduced | |
| 28 | SOLV SOLVENTUM CORP | Healthcare | 0.5% | $26.4m | 347,654 | 0% | held |
| 29 | SPIRIT AEROSYSTEMS INC | 0.5% | $26.0m | 19,000,000 | 65% | added | |
| 30 | BUD ANHEUSER BUSCH INBEV SA/NV | Consumer Defensive | 0.4% | $25.4m | 412,652 | -21% | reduced |
| 31 | SLB SCHLUMBERGER LTD | Energy | 0.4% | $24.4m | 584,769 | 83% | added |
| 32 | FIRST MAJESTIC SILVER CORP | 0.4% | $23.4m | 24,957,000 | 9% | added | |
| 33 | PENNYMAC CORP | 0.4% | $21.7m | 21,840,000 | – | new | |
| 34 | CSG SYS INTL INC | 0.4% | $21.6m | 20,000,000 | 0% | held | |
| 35 | PAR TECHNOLOGY CORP | 0.4% | $21.3m | 19,882,000 | -40% | reduced | |
| 36 | WAYFAIR INC | 0.4% | $21.2m | 19,805,000 | -34% | reduced | |
| 37 | EWZ ISHARES INC | 0.4% | $20.2m | 780,500 | – | new | |
| 38 | VENTAS RLTY LTD PARTNERSHIP | 0.3% | $18.7m | 14,500,000 | 16% | added | |
| 39 | MARRIOTT VACATIONS WORLDWIDE | 0.3% | $18.0m | 19,500,000 | 0% | held | |
| 40 | WBD WARNER BROS DISCOVERY INC | Communication Services | 0.3% | $17.0m | 1,580,000 | – | new |
| 41 | QDEL QUIDELORTHO CORP | Healthcare | 0.3% | $16.9m | 482,701 | -23% | reduced |
| 42 | CON CONCENTRA GROUP HOLDINGS PAR | 0.3% | $16.6m | 766,110 | -14% | reduced | |
| 43 | NIO INC | 0.3% | $16.2m | 23,300,000 | 0% | held | |
| 44 | FUN SIX FLAGS ENTERTAINMENT CORP | 0.3% | $16.0m | 449,621 | 50% | added | |
| 45 | BATRK ATLANTA BRAVES HLDGS INC | Communication Services | 0.3% | $15.9m | 398,420 | 1% | added |
| 46 | LIBERTY MEDIA CORP DEL | 0.3% | $15.1m | 14,600,000 | 0% | held | |
| 47 | ZTO EXPRESS CAYMAN INC | 0.3% | $15.1m | 15,000,000 | -19% | reduced | |
| 48 | VALE VALE S A | Basic Materials | 0.3% | $15.1m | 1,510,000 | – | new |
| 49 | SIRI SIRIUSXM HOLDINGS INC | 0.3% | $14.5m | 642,085 | -29% | reduced | |
| 50 | ENCORE CAP GROUP INC | 0.2% | $13.0m | 14,250,000 | -43% | reduced |
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.