Highbridge Capital Management LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Highbridge Capital Management LLC disclosed 300 US equity positions worth $2.0bn in its Q3 2025 13F filing. The largest position was FORD MTR CO at 7.2% of the reported book, followed by ALIBABA GROUP HLDG LTD and HYG. Against the Q2 2025 filing, it opened 7 new positions, added to 16 and reduced 17 among the top 50 holdings.
What did Highbridge Capital Management LLC own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | FORD MTR CO | 7.2% | $142.1m | 140,000,000 | -3% | reduced | |
| 2 | ALIBABA GROUP HLDG LTD | 6.5% | $129.0m | 70,000,000 | -18% | reduced | |
| 3 | HYG ISHARES TR | 5.2% | $103.5m | 1,274,752 | – | new | |
| 4 | EVRG EVERGY INC | 3.2% | $62.8m | 50,000,000 | 150% | added | |
| 5 | SPOTIFY USA INC | 2.8% | $54.8m | 40,000,000 | -7% | reduced | |
| 6 | VRNA VERONA PHARMA PLC | 2.7% | $53.4m | 500,000 | – | new | |
| 7 | BENTLEY SYS INC | 2.2% | $44.0m | 44,559,000 | -25% | reduced | |
| 8 | DBX DROPBOX INC | 2.2% | $42.9m | 41,553,000 | 0% | held | |
| 9 | UBER UBER TECHNOLOGIES INC | 2.2% | $42.8m | 35,083,000 | 0% | held | |
| 10 | NIO INC | 2.1% | $42.2m | 40,000,000 | 8% | added | |
| 11 | WK WORKIVA INC | 2.1% | $42.2m | 42,734,000 | 9% | added | |
| 12 | DROPBOX INC | 2.1% | $41.6m | 42,000,000 | 0% | held | |
| 13 | BOFA FIN LLC | 2.0% | $39.4m | 40,500,000 | -5% | reduced | |
| 14 | FYBR FRONTIER COMMUNICATIONS PARE | 1.9% | $37.7m | 1,008,301 | 5% | added | |
| 15 | TXNM TXNM ENERGY INC | Utilities | 1.9% | $36.7m | 649,067 | 2064% | added |
| 16 | FOX FOX CORP | Communication Services | 1.8% | $35.6m | 621,202 | 85% | added |
| 17 | UGI CORP NEW | 1.8% | $35.1m | 27,500,000 | -45% | reduced | |
| 18 | SRPT SAREPTA THERAPEUTICS INC | 1.7% | $32.6m | 37,000,000 | -7% | reduced | |
| 19 | SOUTHERN CO | 1.6% | $31.0m | 27,904,000 | -15% | reduced | |
| 20 | FWONA LIBERTY MEDIA CORP DEL | 1.6% | $30.9m | 324,643 | -11% | reduced | |
| 21 | WEC WEC ENERGY GROUP INC | 1.5% | $29.9m | 25,000,000 | 0% | held | |
| 22 | ITRI ITRON INC | 1.5% | $28.8m | 27,173,000 | -39% | reduced | |
| 23 | HEI/A HEICO CORP NEW | 1.4% | $27.5m | 108,294 | -43% | reduced | |
| 24 | SOUTHERN CO | 1.4% | $27.1m | 24,000,000 | 0% | held | |
| 25 | IRONWOOD PHARMACEUTICALS INC | 1.4% | $26.7m | 29,842,000 | 58% | added | |
| 26 | CERENCE INC | 1.3% | $26.6m | 32,000,000 | -21% | reduced | |
| 27 | CABLE ONE INC | 1.3% | $26.1m | 26,668,000 | 82% | added | |
| 28 | GREEN PLAINS INC | 1.2% | $24.4m | 25,500,000 | 364% | added | |
| 29 | KEL KELLANOVA | 1.2% | $23.2m | 282,735 | -20% | reduced | |
| 30 | NBR NABORS INDUSTRIES LTD | Energy | 1.0% | $20.1m | 491,795 | 27% | added |
| 31 | NWSA NEWS CORP NEW | Communication Services | 1.0% | $19.8m | 645,632 | -1% | reduced |
| 32 | LIBERTY MEDIA CORP DEL | 1.0% | $19.6m | 208,179 | 16% | added | |
| 33 | GLIBK GCI LIBERTY INC | Communication Services | 1.0% | $19.5m | 523,459 | – | new |
| 34 | GUESS INC | 1.0% | $19.3m | 19,450,000 | 0% | held | |
| 35 | REDFIN CORP | 1.0% | $18.9m | 19,000,000 | 0% | held | |
| 36 | ARRY ARRAY TECHNOLOGIES INC | 0.9% | $18.4m | 21,220,000 | 31% | added | |
| 37 | VIAV VIAVI SOLUTIONS INC | 0.9% | $18.2m | 17,500,000 | -46% | reduced | |
| 38 | CHURCHILL CAP CORP X | 0.9% | $17.8m | 1,383,928 | – | new | |
| 39 | KARYOPHARM THERAPEUTICS INC | 0.9% | $17.7m | 23,625,000 | 0% | held | |
| 40 | EVENTBRITE INC | 0.9% | $17.6m | 18,722,000 | 836% | added | |
| 41 | CYBERARK SOFTWARE LTD | 0.9% | $16.8m | 34,740 | 136% | added | |
| 42 | PPLI IAC INC | Communication Services | 0.8% | $16.5m | 484,325 | 69% | added |
| 43 | BATRK ATLANTA BRAVES HLDGS INC | Communication Services | 0.8% | $16.4m | 393,633 | 35% | added |
| 44 | GRAF GLOBAL CORP | 0.8% | $15.8m | 1,500,000 | 0% | held | |
| 45 | PG&E CORP | 0.8% | $15.2m | 15,000,000 | – | new | |
| 46 | M3-BRIGADE ACQUISITION VI CO | 0.8% | $14.9m | 1,470,000 | – | new | |
| 47 | SHIFT4 PMTS INC | 0.7% | $14.6m | 14,250,000 | 0% | held | |
| 48 | HERBALIFE LTD | 0.7% | $14.3m | 15,050,000 | -37% | reduced | |
| 49 | CENTA CENTRAL GARDEN & PET CO | Consumer Defensive | 0.7% | $13.7m | 464,843 | -5% | reduced |
| 50 | MERIDIANLINK INC | 0.7% | $13.2m | 662,128 | – | 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.