Long Focus Capital Management, LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Long Focus Capital Management, LLC disclosed 79 US equity positions worth $1.8bn in its Q3 2025 13F filing. The largest position was FTAI AVIATION LTD at 5.9% of the reported book, followed by CHTR and CNC. Against the Q2 2025 filing, it opened 6 new positions, added to 14 and reduced 16 among the top 50 holdings.
What did Long Focus Capital Management, LLC own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | FTAI AVIATION LTD | 5.9% | $102.6m | 614,953 | -35% | reduced | |
| 2 | CHTR CHARTER COMMUNICATIONS INC N | Communication Services | 4.9% | $86.3m | 313,540 | – | new |
| 3 | CNC CENTENE CORP DEL | Healthcare | 4.7% | $82.0m | 2,299,000 | 705% | added |
| 4 | PYPL PAYPAL HLDGS INC | Financial Services | 4.6% | $79.9m | 1,192,040 | -5% | reduced |
| 5 | CVS CVS HEALTH CORP | Healthcare | 3.9% | $68.2m | 904,000 | 7% | added |
| 6 | CMCSA COMCAST CORP NEW | Communication Services | 3.7% | $65.1m | 2,070,416 | 0% | held |
| 7 | ET ENERGY TRANSFER L P | Energy | 3.3% | $57.4m | 3,342,400 | 0% | held |
| 8 | MOH MOLINA HEALTHCARE INC | Healthcare | 2.8% | $49.3m | 257,465 | – | new |
| 9 | INSM INSMED INC | Healthcare | 2.8% | $48.7m | 338,000 | -35% | reduced |
| 10 | UNH UNITEDHEALTH GROUP INC | Healthcare | 2.7% | $48.1m | 139,200 | 168% | added |
| 11 | AR ANTERO RESOURCES CORP | Energy | 2.5% | $43.9m | 1,309,000 | 52% | added |
| 12 | ALIBABA GROUP HLDG LTD | 2.5% | $43.2m | 235,000 | -99% | reduced | |
| 13 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 2.4% | $42.4m | 1,568,000 | 27% | added |
| 14 | VSAT VIASAT INC | Technology | 2.2% | $39.2m | 1,339,327 | -56% | reduced |
| 15 | BNTX BIONTECH SE | Healthcare | 2.2% | $39.2m | 397,655 | 91% | added |
| 16 | PENN PENN ENTERTAINMENT INC | Consumer Cyclical | 2.1% | $36.2m | 1,880,000 | 0% | held |
| 17 | PAR PAR TECHNOLOGY CORP | Technology | 2.0% | $34.7m | 877,575 | 4211% | added |
| 18 | HUM HUMANA INC | Healthcare | 2.0% | $34.2m | 131,500 | – | new |
| 19 | AKERO THERAPEUTICS INC | 2.0% | $34.2m | 720,000 | 0% | held | |
| 20 | PINS PINTEREST INC | Communication Services | 1.9% | $33.0m | 1,026,000 | 0% | held |
| 21 | HLF HERBALIFE LTD | Consumer Defensive | 1.7% | $29.5m | 3,500,000 | -20% | reduced |
| 22 | AURA AURA BIOSCIENCES INC | 1.6% | $28.5m | 4,619,582 | 0% | held | |
| 23 | ELV ELEVANCE HEALTH INC FORMERLY | Healthcare | 1.6% | $28.1m | 87,000 | – | new |
| 24 | AGO ASSURED GUARANTY LTD | Financial Services | 1.5% | $27.1m | 320,000 | 14% | added |
| 25 | ONIT ONITY GROUP INC | 1.5% | $26.9m | 672,088 | -1% | reduced | |
| 26 | GLNG GOLAR LNG LTD | Energy | 1.5% | $25.8m | 637,351 | 43% | added |
| 27 | FIP FTAI INFRASTRUCTURE INC | 1.4% | $24.8m | 5,685,000 | -6% | reduced | |
| 28 | WOOF PETCO HEALTH & WELLNESS CO I | Consumer Cyclical | 1.4% | $24.8m | 6,400,000 | -5% | reduced |
| 29 | TIC ACUREN CORP | 1.4% | $24.3m | 1,824,000 | – | new | |
| 30 | LIBERTY BROADBAND CORP | 1.4% | $23.7m | 375,000 | 0% | held | |
| 31 | JD JD.COM INC | Consumer Cyclical | 1.3% | $22.9m | 655,380 | 36% | added |
| 32 | BIDU BAIDU INC | Communication Services | 1.2% | $21.1m | 159,800 | – | new |
| 33 | IOVA IOVANCE BIOTHERAPEUTICS INC | Healthcare | 1.1% | $19.8m | 9,116,507 | -23% | reduced |
| 34 | HAPN LENDINGCLUB CORP | Financial Services | 1.0% | $18.2m | 1,200,000 | -40% | reduced |
| 35 | LBTYB LIBERTY GLOBAL LTD | 1.0% | $17.6m | 1,494,400 | 0% | held | |
| 36 | LIBERTY LATIN AMERICA LTD | 1.0% | $16.8m | 1,995,201 | -39% | reduced | |
| 37 | NFE NEW FORTRESS ENERGY INC | Energy | 0.9% | $16.4m | 7,400,000 | 44% | added |
| 38 | UAL UNITED AIRLS HLDGS INC | Industrials | 0.9% | $15.3m | 159,000 | -41% | reduced |
| 39 | PZZA PAPA JOHNS INTL INC | Consumer Cyclical | 0.9% | $15.0m | 310,622 | 0% | held |
| 40 | LAB STANDARD BIOTOOLS INC | Healthcare | 0.8% | $14.8m | 11,362,804 | 13% | added |
| 41 | ARHS ARHAUS INC | Consumer Cyclical | 0.8% | $13.7m | 1,290,000 | -15% | reduced |
| 42 | OVV OVINTIV INC | Energy | 0.7% | $12.5m | 310,000 | 0% | held |
| 43 | TAL TAL EDUCATION GROUP | Consumer Defensive | 0.7% | $12.5m | 1,117,300 | 0% | held |
| 44 | VLRS CONTROLADORA VUELA COMP DE A | 0.7% | $12.3m | 1,715,205 | 0% | held | |
| 45 | AM ANTERO MIDSTREAM CORP | Energy | 0.7% | $11.9m | 610,000 | 0% | held |
| 46 | HHH HOWARD HUGHES HOLDINGS INC | Real Estate | 0.7% | $11.8m | 144,000 | 0% | held |
| 47 | CLLS CELLECTIS S A | 0.7% | $11.8m | 4,123,262 | -13% | reduced | |
| 48 | WYNN WYNN RESORTS LTD | Consumer Cyclical | 0.7% | $11.5m | 90,000 | -70% | reduced |
| 49 | SGHT SIGHT SCIENCES INC | 0.6% | $11.0m | 3,193,305 | 1% | added | |
| 50 | BCYC BICYCLE THERAPEUTICS PLC | Healthcare | 0.6% | $11.0m | 1,418,695 | 8% | 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.