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JANA Partners Management, LP 13F holdings, Q3 2025

Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →

JANA Partners Management, LP disclosed 12 US equity positions worth $2.1bn in its Q3 2025 13F filing. The largest position was MRCY at 22.3% of the reported book, followed by LW and MKL. Against the Q2 2025 filing, it opened 3 new positions, added to 2 and reduced 5 among the top 12 holdings.

← Q2 2025 · Q4 2025 →

What did JANA Partners Management, LP own in Q3 2025? Top 12 positions

#StockSectorWeightValueSharesΔ sharesvs Q2 2025
1 MRCY MERCURY SYS INC Industrials 22.3%$461.3m5,959,481 -12% reduced
2 LW LAMB WESTON HLDGS INC Consumer Defensive 14.1%$290.9m5,008,635 -31% reduced
3 MKL MARKEL GROUP INC Financial Services 13.6%$281.8m147,411 -3% reduced
4 SPY SPDR S&P 500 ETF TR 12.5%$257.6m386,637 -25% reduced
5 COO COOPER COS INC Healthcare 8.1%$166.9m2,434,607 – new
6 TRMB TRIMBLE INC Technology 7.4%$153.6m1,881,399 -48% reduced
7 RPD RAPID7 INC Technology 5.9%$121.9m6,502,108 13% added
8 THS TREEHOUSE FOODS INC 5.7%$117.6m5,821,337 0% held
9 FUN SIX FLAGS ENTERTAINMENT CORP 4.5%$92.0m4,049,940 – new
10 FRPT FRESHPET INC Consumer Defensive 2.8%$57.8m1,048,136 4% added
11 ALKT ALKAMI TECHNOLOGY INC Technology 2.3%$47.0m1,892,413 – new
12 ENHABIT INC 0.8%$17.1m2,137,145 0% held

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.