Laurion Capital Management LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Laurion Capital Management LP disclosed 230 US equity positions worth $1.5bn in its Q4 2025 13F filing. The largest position was GOOGL at 9.7% of the reported book, followed by BBIO and NSC. Against the Q3 2025 filing, it opened 19 new positions, added to 14 and reduced 6 among the top 50 holdings.
What did Laurion Capital Management LP own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | GOOGL ALPHABET INC | Communication Services | 9.7% | $142.8m | 456,343 | – | new |
| 2 | BBIO BRIDGEBIO PHARMA INC | Healthcare | 7.3% | $107.3m | 1,402,150 | -20% | reduced |
| 3 | NSC NORFOLK SOUTHN CORP | Industrials | 6.9% | $101.5m | 351,648 | 17% | added |
| 4 | GOOG ALPHABET INC | Communication Services | 6.7% | $98.5m | 314,000 | 9060% | added |
| 5 | AAPL APPLE INC | Technology | 6.4% | $93.9m | 345,433 | – | new |
| 6 | EA ELECTRONIC ARTS INC | Communication Services | 6.2% | $90.6m | 443,580 | 151% | added |
| 7 | NUVB NUVATION BIO INC | Healthcare | 4.8% | $70.4m | 7,852,638 | -19% | reduced |
| 8 | WBD WARNER BROS DISCOVERY INC | Communication Services | 4.8% | $70.0m | 2,427,610 | 1679% | added |
| 9 | MLYS MINERALYS THERAPEUTICS INC | Healthcare | 4.2% | $62.2m | 1,713,485 | -0% | held |
| 10 | EXK EXACT SCIENCES CORP | Basic Materials | 3.5% | $50.7m | 499,532 | – | new |
| 11 | NVDA NVIDIA CORPORATION | Technology | 3.4% | $50.4m | 270,262 | – | new |
| 12 | MSFT MICROSOFT CORP | Technology | 3.4% | $49.3m | 102,000 | 1894% | added |
| 13 | TSLA TESLA INC | Consumer Cyclical | 3.2% | $47.3m | 105,206 | – | new |
| 14 | DELL DELL TECHNOLOGIES INC | Technology | 1.5% | $21.6m | 171,456 | – | new |
| 15 | BBIO BRIDGEBIO PHARMA INC | 1.5% | $21.5m | 19,100,000 | 0% | held | |
| 16 | SOFI SOFI TECHNOLOGIES INC | Financial Services | 1.4% | $21.2m | 810,788 | 1522% | added |
| 17 | BBOT BRIDGEBIO ONCOLOGY THERAPEUT | 1.3% | $18.3m | 1,464,938 | 40% | added | |
| 18 | BA BOEING CO | Industrials | 1.2% | $17.8m | 82,141 | 9% | added |
| 19 | NIO INC | 1.2% | $17.0m | 17,500,000 | 0% | held | |
| 20 | NIO INC | 1.0% | $14.0m | 15,500,000 | 0% | held | |
| 21 | AVGO BROADCOM INC | Technology | 0.9% | $13.4m | 38,606 | – | new |
| 22 | PEPG PEPGEN INC | Healthcare | 0.9% | $13.4m | 2,052,133 | 8% | added |
| 23 | AARD AARDVARK THERAPEUTICS INC | 0.9% | $13.3m | 1,014,911 | -3% | reduced | |
| 24 | CME CME GROUP INC | Financial Services | 0.9% | $13.3m | 48,604 | -0% | held |
| 25 | CLF CLEVELAND-CLIFFS INC NEW | Basic Materials | 0.9% | $12.6m | 947,573 | – | new |
| 26 | COIN COINBASE GLOBAL INC | Financial Services | 0.6% | $8.8m | 38,713 | – | new |
| 27 | CRDF CARDIFF ONCOLOGY INC | 0.5% | $7.4m | 2,646,738 | 7% | added | |
| 28 | FERG FERGUSON ENTERPRISES INC | Industrials | 0.5% | $6.7m | 29,995 | 0% | held |
| 29 | AUTL AUTOLUS THERAPEUTICS PLC | Healthcare | 0.5% | $6.6m | 3,316,626 | 0% | held |
| 30 | LNG CHENIERE ENERGY INC | Energy | 0.4% | $6.6m | 33,835 | 2% | added |
| 31 | TXN TEXAS INSTRS INC | Technology | 0.4% | $6.1m | 35,011 | -76% | reduced |
| 32 | C CITIGROUP INC | Financial Services | 0.4% | $6.0m | 51,500 | -39% | reduced |
| 33 | SHOP SHOPIFY INC | Technology | 0.4% | $5.9m | 36,716 | – | new |
| 34 | PYXS PYXIS ONCOLOGY INC | 0.4% | $5.5m | 4,796,479 | 32% | added | |
| 35 | COHR COHERENT CORP | Technology | 0.3% | $4.6m | 25,000 | – | new |
| 36 | VOR VOR BIOPHARMA INC | 0.3% | $4.1m | 317,243 | – | new | |
| 37 | PANW PALO ALTO NETWORKS INC | Technology | 0.3% | $4.1m | 22,078 | – | new |
| 38 | RKT ROCKET COS INC | Financial Services | 0.3% | $4.0m | 207,165 | – | new |
| 39 | AMD ADVANCED MICRO DEVICES INC | Technology | 0.2% | $2.7m | 12,704 | – | new |
| 40 | MDB MONGODB INC | Technology | 0.2% | $2.7m | 6,440 | – | new |
| 41 | LGN LEGENCE CORP | Industrials | 0.2% | $2.7m | 62,230 | -4% | reduced |
| 42 | LPLA LPL FINL HLDGS INC | Financial Services | 0.2% | $2.5m | 7,000 | 0% | held |
| 43 | FLUTTER ENTMT PLC | 0.1% | $2.2m | 10,108 | 0% | held | |
| 44 | SNDK SANDISK CORP | Technology | 0.1% | $2.1m | 8,919 | – | new |
| 45 | COLB COLUMBIA BKG SYS INC | Financial Services | 0.1% | $2.1m | 75,210 | 1% | added |
| 46 | FCNCA FIRST CTZNS BANCSHARES INC D | Financial Services | 0.1% | $2.1m | 977 | 0% | held |
| 47 | MRK MERCK & CO INC | Healthcare | 0.1% | $2.1m | 19,693 | – | new |
| 48 | IMUX IMMUNIC INC | Healthcare | 0.1% | $2.1m | 3,882,162 | 106% | added |
| 49 | NOW SERVICENOW INC | Technology | 0.1% | $1.9m | 12,300 | – | new |
| 50 | ABOS ACUMEN PHARMACEUTICALS INC | 0.1% | $1.8m | 867,046 | 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.