Long Focus Capital Management, LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Long Focus Capital Management, LLC disclosed 77 US equity positions worth $2.0bn in its Q4 2025 13F filing. The largest position was FTAI AVIATION LTD at 5.5% of the reported book, followed by PYPL and CHTR. Against the Q3 2025 filing, it opened 4 new positions, added to 21 and reduced 12 among the top 50 holdings.
What did Long Focus Capital Management, LLC own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | FTAI AVIATION LTD | 5.5% | $110.2m | 560,000 | -9% | reduced | |
| 2 | PYPL PAYPAL HLDGS INC | Financial Services | 4.9% | $97.6m | 1,671,493 | 40% | added |
| 3 | CHTR CHARTER COMMUNICATIONS INC N | Communication Services | 4.4% | $89.1m | 427,000 | 36% | added |
| 4 | CNC CENTENE CORP DEL | Healthcare | 4.2% | $84.2m | 2,045,000 | -11% | reduced |
| 5 | MOH MOLINA HEALTHCARE INC | Healthcare | 3.9% | $79.0m | 455,000 | 77% | added |
| 6 | CMCSA COMCAST CORP NEW | Communication Services | 3.3% | $67.0m | 2,240,416 | 8% | added |
| 7 | CVS CVS HEALTH CORP | Healthcare | 3.3% | $66.7m | 840,000 | -7% | reduced |
| 8 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 3.2% | $63.4m | 2,710,000 | 73% | added |
| 9 | GLNG GOLAR LNG LTD | Energy | 2.8% | $56.8m | 1,526,440 | 139% | added |
| 10 | ET ENERGY TRANSFER L P | Energy | 2.7% | $55.1m | 3,342,400 | 0% | held |
| 11 | RKT ROCKET COS INC | Financial Services | 2.7% | $54.6m | 2,820,000 | – | new |
| 12 | AMZN AMAZON COM INC | Consumer Cyclical | 2.4% | $49.2m | 213,155 | – | new |
| 13 | BNTX BIONTECH SE | Healthcare | 2.4% | $48.3m | 507,655 | 28% | added |
| 14 | AR ANTERO RESOURCES CORP | Energy | 2.3% | $45.2m | 1,311,540 | 0% | held |
| 15 | HUM HUMANA INC | Healthcare | 2.2% | $43.4m | 169,500 | 29% | added |
| 16 | UNH UNITEDHEALTH GROUP INC | Healthcare | 2.0% | $40.2m | 121,745 | -13% | reduced |
| 17 | ALIBABA GROUP HLDG LTD | 1.8% | $36.5m | 235,000 | 0% | held | |
| 18 | VSAT VIASAT INC | Technology | 1.8% | $36.0m | 1,044,300 | -22% | reduced |
| 19 | PAR PAR TECHNOLOGY CORP | Technology | 1.8% | $35.9m | 990,000 | 13% | added |
| 20 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 1.7% | $34.5m | 335,000 | 319% | added |
| 21 | AGO ASSURED GUARANTY LTD | Financial Services | 1.7% | $34.2m | 380,000 | 19% | added |
| 22 | PINS PINTEREST INC | Communication Services | 1.6% | $32.5m | 1,256,000 | 22% | added |
| 23 | TIC TIC SOLUTIONS INC | 1.5% | $31.1m | 3,075,000 | 69% | added | |
| 24 | HLF HERBALIFE LTD | Consumer Defensive | 1.5% | $29.6m | 2,300,000 | -34% | reduced |
| 25 | HHH HOWARD HUGHES HOLDINGS INC | Real Estate | 1.5% | $29.4m | 369,165 | 156% | added |
| 26 | ONIT ONITY GROUP INC | 1.4% | $28.3m | 617,088 | -8% | reduced | |
| 27 | PENN PENN ENTERTAINMENT INC | Consumer Cyclical | 1.4% | $27.7m | 1,880,000 | 0% | held |
| 28 | GGAL GRUPO FINANCIERO GALICIA S.A SPONSORE | Financial Services | 1.4% | $27.3m | 506,000 | – | new |
| 29 | FIP FTAI INFRASTRUCTURE INC | 1.3% | $26.2m | 5,685,000 | 0% | held | |
| 30 | SGHT SIGHT SCIENCES INC | 1.3% | $26.1m | 3,292,481 | 3% | added | |
| 31 | JD JD.COM INC | Consumer Cyclical | 1.3% | $25.7m | 896,183 | 37% | added |
| 32 | AURA AURA BIOSCIENCES INC | 1.3% | $25.2m | 4,619,582 | 0% | held | |
| 33 | IOVA IOVANCE BIOTHERAPEUTICS INC | Healthcare | 1.2% | $23.5m | 8,600,000 | -6% | reduced |
| 34 | HAPN LENDINGCLUB CORP | Financial Services | 1.1% | $22.7m | 1,200,100 | 0% | held |
| 35 | SUPV GRUPO SUPERVIELLE S.A. | Financial Services | 1.1% | $22.7m | 1,920,000 | 1428% | added |
| 36 | FOUR SHIFT4 PMTS INC | Technology | 1.1% | $22.3m | 354,000 | – | new |
| 37 | WOOF PETCO HEALTH & WELLNESS CO I | Consumer Cyclical | 1.1% | $21.8m | 7,765,024 | 21% | added |
| 38 | INSM INSMED INC | Healthcare | 1.1% | $21.8m | 125,000 | -63% | reduced |
| 39 | ELV ELEVANCE HEALTH INC FORMERLY | Healthcare | 1.1% | $21.5m | 61,200 | -30% | reduced |
| 40 | BIDU BAIDU INC | Communication Services | 1.0% | $20.9m | 159,800 | 0% | held |
| 41 | LIBERTY BROADBAND CORP | 0.9% | $18.1m | 375,000 | 0% | held | |
| 42 | LBTYB LIBERTY GLOBAL LTD | 0.8% | $16.5m | 1,494,400 | 0% | held | |
| 43 | LAB STANDARD BIOTOOLS INC | Healthcare | 0.8% | $16.2m | 12,678,403 | 12% | added |
| 44 | LAD LITHIA MTRS INC | Consumer Cyclical | 0.8% | $15.6m | 47,000 | 322% | added |
| 45 | UAL UNITED AIRLS HLDGS INC | Industrials | 0.8% | $15.5m | 139,000 | -13% | reduced |
| 46 | VLRS CONTROLADORA VUELA COMP DE A SPON | 0.8% | $15.2m | 1,715,205 | 0% | held | |
| 47 | OVV OVINTIV INC | Energy | 0.7% | $14.5m | 370,000 | 19% | added |
| 48 | ARHS ARHAUS INC | Consumer Cyclical | 0.7% | $14.5m | 1,290,000 | 0% | held |
| 49 | CLLS CELLECTIS S A | 0.7% | $13.5m | 2,787,750 | -32% | reduced | |
| 50 | TAL TAL EDUCATION GROUP | Consumer Defensive | 0.6% | $12.2m | 1,117,300 | 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.