WhaleCreep

Politan Capital Management LP 13F holdings, Q4 2025

Hedge fundSEC filingsCompare with another fundHoldings as of 2025-12-31, filed 2026-02-17

Politan Capital Management LP disclosed 3 US equity positions worth $840.6m in its Q4 2025 13F filing. Its largest position is MASI* at 71.0% of the reported book, followed by AZTA and CNC. Versus Q3 2025 it opened 0 new positions, added to 0, reduced 1 and exited 18.

$841m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
3
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
71.0%
Largest position
The largest single position as a share of the reported equity book.
100%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
2
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
19
Quarters on file since Q4 2021
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2025: 0 new, 0 added, 1 reduced, 18 exited

3 rows
MASI* MASIMO CORP–71.0%$597m4.59m0.0%held
AZTA AZENTA INCHealthcare18.3%$154m4.62m0.0%held
CNC CENTENE CORP DELHealthcare10.7%$90.1m2.19m−70%reduced

Exited since Q3 2025

18 rows
IWM ISHARES TR0.4%$4.3m
VTWO VANGUARD SCOTTSDALE FDS0.3%$3.2m
CSGP COSTAR GROUP INC0.2%$2.3m
PFGC PERFORMANCE FOOD GROUP CO0.2%$1.8m
APD AIR PRODUCTS AND CHEMICALS I0.1%$1.4m
DIS DISNEY WALT CO0.1%$1.4m
MIDD MIDDLEBY CORP0.1%$1.4m
HONGBP HONEYWELL INTL INC0.1%$1.3m
GOOG ALPHABET INC0.1%$1.2m
FUN SIX FLAGS ENTERTAINMENT CORP0.10%$1.1m
MSFT MICROSOFT CORP0.09%$946k
META META PLATFORMS INC0.08%$932k
IYE ISHARES TR0.08%$931k
AMZN AMAZON COM INC0.08%$897k
TMO THERMO FISHER SCIENTIFIC INC0.08%$873k
BIO BIO RAD LABS INC0.08%$848k
GXO GXO LOGISTICS INCORPORATED0.08%$829k
GO GROCERY OUTLET HLDG CORP0.06%$608k

Sector mix

  • Unclassified71.0%
  • Healthcare29.0%

Book over time

Every quarter on file (19)
QuarterPositionsEquity book
Q2 20262$255m
Q1 20263$985m
Q4 20253$841m
Q3 202521$1.1bn
Q2 202519$1.4bn
Q1 20255$1.5bn
Q4 20244$1.5bn
Q3 20244$1.8bn
Q2 20243$1.6bn
Q1 20243$1.9bn
Q4 20233$1.8bn
Q3 20233$1.5bn
Q2 20233$1.7bn
Q1 20232$1.7bn
Q4 20222$1.8bn
Q3 20222$1.7bn
Q2 20221$1.1bn
Q1 20221$1.1bn
Q4 20211$1.0bn

Concentration and tenure

56.6%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
100%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters