HBK Investments L P 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
HBK Investments L P disclosed 127 US equity positions worth $5.6bn in its Q2 2025 13F filing. The largest position was HES at 22.2% of the reported book, followed by KEL and 2655787D. Against the Q1 2025 filing, it opened 17 new positions, added to 21 and reduced 5 among the top 50 holdings.
What did HBK Investments L P own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | HES HESS CORP | 22.2% | $1.2bn | 9,000,100 | 22% | added | |
| 2 | KEL KELLANOVA | 12.3% | $690.7m | 8,685,000 | -13% | reduced | |
| 3 | 2655787D BLUEPRINT MEDICINES CORP | 7.3% | $410.3m | 3,200,924 | – | new | |
| 4 | AZEK AZEK CO INC | 6.8% | $382.5m | 7,050,978 | 300% | added | |
| 5 | ENSTAR GROUP LIMITED | 4.4% | $250.1m | 743,533 | 1% | added | |
| 6 | APY1EUR CHAMPIONX CORPORATION | 3.8% | $211.1m | 8,498,914 | – | new | |
| 7 | INFA1EUR INFORMATICA INC | 3.6% | $202.1m | 8,298,906 | – | new | |
| 8 | DNB DUN & BRADSTREET HLDGS INC | 3.5% | $195.4m | 21,496,107 | – | new | |
| 9 | SKAA SKECHERS U S A INC | 2.6% | $148.2m | 2,347,866 | – | new | |
| 10 | IPG INTERPUBLIC GROUP COS INC | 2.6% | $146.7m | 5,990,648 | 118% | added | |
| 11 | SWTXUSD SPRINGWORKS THERAPEUTICS INC | 2.2% | $122.6m | 2,608,340 | – | new | |
| 12 | ARKB ARK 21SHARES BITCOIN ETF | 2.1% | $116.9m | 3,267,144 | 300% | added | |
| 13 | PELOTON INTERACTIVE INC | 1.4% | $79.5m | 43,244,000 | – | new | |
| 14 | GMS1EUR GMS INC | 1.4% | $76.6m | 704,721 | – | new | |
| 15 | FBTC FIDELITY WISE ORIGIN BITCOIN | 1.3% | $73.3m | 780,164 | 77% | added | |
| 16 | RDFN REDFIN CORP | 1.1% | $63.6m | 5,662,087 | – | new | |
| 17 | TWO HARBORS INVENTMENT CORPO | 1.1% | $61.7m | 62,077,000 | 7% | added | |
| 18 | G2C EVERI HLDGS INC | 1.1% | $60.3m | 4,233,491 | 17% | added | |
| 19 | AKX ANSYS INC | 1.1% | $59.9m | 170,582 | – | new | |
| 20 | MICROSTRATEGY INC | 0.9% | $53.2m | 19,107,000 | -46% | reduced | |
| 21 | UBER UBER TECHNOLOGIES INC | Technology | 0.8% | $44.7m | 479,421 | 3% | added |
| 22 | FORTUNA MNG CORP | 0.7% | $41.5m | 32,000,000 | – | new | |
| 23 | TXNM ENERGY INC | 0.6% | $35.8m | 27,500,000 | – | new | |
| 24 | NWSA NEWS CORP NEW | Communication Services | 0.6% | $34.4m | 1,156,250 | 4% | added |
| 25 | PI IMPINJ INC | 0.6% | $33.1m | 26,500,000 | 10% | added | |
| 26 | ALIBABA GROUP HLDG LTD | 0.5% | $29.3m | 23,000,000 | – | new | |
| 27 | BUD ANHEUSER BUSCH INBEV SA/NV | Consumer Defensive | 0.5% | $28.4m | 412,652 | 0% | held |
| 28 | KOSMOS ENERGY LTD | 0.5% | $27.9m | 40,750,000 | 2% | added | |
| 29 | SPIRIT AEROSYSTEMS INC | 0.5% | $27.8m | 19,000,000 | 0% | held | |
| 30 | SOLV SOLVENTUM CORP | Healthcare | 0.5% | $27.5m | 361,984 | 4% | added |
| 31 | ETH GRAYSCALE ETHEREUM MINI TR E | 0.4% | $25.3m | 1,066,160 | – | new | |
| 32 | RYAAY RYANAIR HOLDINGS PLC | Industrials | 0.4% | $24.4m | 423,822 | – | new |
| 33 | FIRST MAJESTIC SILVER CORP | 0.4% | $24.2m | 24,957,000 | 0% | held | |
| 34 | PAR TECHNOLOGY CORP | 0.4% | $22.9m | 19,882,000 | 0% | held | |
| 35 | LANTHEUS HLDGS INC | 0.4% | $22.2m | 17,500,000 | -30% | reduced | |
| 36 | PENNYMAC CORP | 0.4% | $21.8m | 21,840,000 | 0% | held | |
| 37 | PENNYMAC CORP | 0.4% | $20.6m | 20,250,000 | – | new | |
| 38 | WBD WARNER BROS DISCOVERY INC | Communication Services | 0.4% | $20.5m | 1,786,438 | 13% | added |
| 39 | FETH FIDELITY ETHEREUM FD | 0.4% | $20.0m | 794,238 | 151% | added | |
| 40 | BATRK ATLANTA BRAVES HLDGS INC | Communication Services | 0.3% | $19.7m | 420,898 | 6% | added |
| 41 | RWT HLDGS INC | 0.3% | $18.1m | 18,056,000 | 99% | added | |
| 42 | CON CONCENTRA GROUP HOLDINGS PAR | 0.3% | $18.0m | 876,155 | 14% | added | |
| 43 | RIVIAN AUTOMOTIVE INC | 0.3% | $18.0m | 20,000,000 | – | new | |
| 44 | NIO INC | 0.3% | $15.4m | 24,300,000 | 4% | added | |
| 45 | LIBERTY MEDIA CORP DEL | 0.3% | $15.2m | 14,600,000 | 0% | held | |
| 46 | ZTO EXPRESS CAYMAN INC | 0.3% | $14.9m | 15,000,000 | 0% | held | |
| 47 | LIBERTY MEDIA CORP DEL | 0.3% | $14.7m | 185,431 | 14% | added | |
| 48 | BITB BITWISE BITCOIN ETF TR | 0.3% | $14.7m | 251,122 | -3% | reduced | |
| 49 | MARRIOTT VACATIONS WORLDWIDE | 0.2% | $13.1m | 14,000,000 | -28% | reduced | |
| 50 | SNDK SANDISK CORP | Technology | 0.2% | $12.4m | 274,123 | 31% | added |
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.