Rubric Capital Management 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Rubric Capital Management disclosed 65 US equity positions worth $5.6bn in its Q1 2025 13F filing. The largest position was TLN at 21.9% of the reported book, followed by TEVA and GLNG. Against the Q4 2024 filing, it opened 7 new positions, added to 22 and reduced 8 among the top 50 holdings.
What did Rubric Capital Management own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TLN TALEN ENERGY CORP | Utilities | 21.9% | $1.2bn | 6,123,500 | 0% | held |
| 2 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 7.0% | $392.7m | 25,550,000 | 50% | added |
| 3 | GLNG GOLAR LNG LTD | Energy | 6.1% | $341.0m | 8,975,149 | 16% | added |
| 4 | FTAI AVIATION LTD | 5.3% | $293.7m | 2,645,000 | – | new | |
| 5 | QDEL QUIDELORTHO CORP | Healthcare | 3.8% | $214.7m | 6,140,000 | 11% | added |
| 6 | NFE NEW FORTRESS ENERGY INC | Energy | 3.6% | $202.3m | 24,338,675 | 62% | added |
| 7 | ROIV ROIVANT SCIENCES LTD | Healthcare | 3.2% | $179.3m | 17,767,076 | -11% | reduced |
| 8 | ARQT ARCUTIS BIOTHERAPEUTICS INC | Healthcare | 3.1% | $171.5m | 10,966,672 | 0% | held |
| 9 | BGC BGC GROUP INC | Financial Services | 2.8% | $158.0m | 17,226,380 | 1% | added |
| 10 | TAC TRANSALTA CORP | Utilities | 2.0% | $112.2m | 12,000,000 | 58% | added |
| 11 | VST VISTRA CORP | Utilities | 2.0% | $111.1m | 945,969 | – | new |
| 12 | 07WA MR COOPER GROUP INC | 2.0% | $110.2m | 921,537 | -14% | reduced | |
| 13 | ALIGHT INC | 1.9% | $105.1m | 17,720,813 | 52% | added | |
| 14 | IART INTEGRA LIFESCIENCES HLDGS C | Healthcare | 1.8% | $102.1m | 4,643,672 | 77% | added |
| 15 | MCY MERCURY GENL CORP NEW | Financial Services | 1.8% | $101.8m | 1,821,783 | – | new |
| 16 | ADPT ADAPTIVE BIOTECHNOLOGIES COR | Healthcare | 1.7% | $97.5m | 13,117,851 | -10% | reduced |
| 17 | SDGR SCHRODINGER INC | Healthcare | 1.7% | $94.8m | 4,800,000 | -4% | reduced |
| 18 | AMRX AMNEAL PHARMACEUTICALS INC | Healthcare | 1.6% | $90.0m | 10,735,977 | 0% | held |
| 19 | COLL COLLEGIUM PHARMACEUTICAL INC | Healthcare | 1.6% | $89.5m | 3,000,000 | 28% | added |
| 20 | RENEW ENERGY GLOBAL PLC | 1.5% | $85.6m | 14,527,412 | 0% | held | |
| 21 | OPK OPKO HEALTH INC | Healthcare | 1.4% | $80.9m | 48,706,640 | 0% | held |
| 22 | KINIKSA PHARMACEUTICALS INTL | 1.3% | $75.1m | 3,383,239 | 29% | added | |
| 23 | FLAGSTAR FINANCIAL INC | 1.3% | $74.7m | 6,425,000 | – | new | |
| 24 | LIBERTY GLOBAL LTD | 1.2% | $69.1m | 6,002,651 | -9% | reduced | |
| 25 | SSYS STRATASYS LTD | Technology | 1.2% | $64.6m | 6,597,333 | 7% | added |
| 26 | OFIX ORTHOFIX MED INC | Healthcare | 1.1% | $60.3m | 3,694,946 | 0% | held |
| 27 | DOLE DOLE PLC | Consumer Defensive | 1.1% | $60.0m | 4,155,656 | -20% | reduced |
| 28 | HRTX HERON THERAPEUTICS INC | Healthcare | 1.1% | $58.8m | 26,713,503 | 0% | held |
| 29 | ADEA ADEIA INC | Technology | 1.0% | $57.3m | 4,335,131 | -7% | reduced |
| 30 | WBA WALGREENS BOOTS ALLIANCE INC | 1.0% | $55.9m | 5,007,592 | 62% | added | |
| 31 | ZYME ZYMEWORKS INC | Healthcare | 0.9% | $51.7m | 4,338,444 | 11% | added |
| 32 | MD PEDIATRIX MEDICAL GROUP INC | Healthcare | 0.8% | $45.4m | 3,133,299 | -0% | held |
| 33 | DK DELEK US HLDGS INC NEW | Energy | 0.7% | $40.5m | 2,687,449 | 3% | added |
| 34 | LIBERTY GLOBAL LTD | 0.7% | $39.4m | 3,293,518 | 7% | added | |
| 35 | PLAB PHOTRONICS INC | Technology | 0.7% | $38.7m | 1,862,737 | 42% | added |
| 36 | SIMO SILICON MOTION TECHNOLOGY CO | Technology | 0.6% | $35.4m | 700,882 | 19% | added |
| 37 | MREO MEREO BIOPHARMA GROUP PLC | Healthcare | 0.6% | $34.4m | 15,307,347 | 0% | held |
| 38 | INDIVIOR PLC | 0.6% | $33.6m | 3,530,039 | 160% | added | |
| 39 | XPER XPERI INC | Technology | 0.6% | $32.0m | 4,143,744 | 0% | held |
| 40 | TRVI TREVI THERAPEUTICS INC | Healthcare | 0.5% | $28.5m | 4,538,535 | 8% | added |
| 41 | CNNE CANNAE HLDGS INC | Consumer Cyclical | 0.5% | $27.3m | 1,490,248 | 4% | added |
| 42 | INTEGRAL AD SCIENCE HLDNG CO | 0.5% | $25.5m | 3,166,949 | 60% | added | |
| 43 | MATV MATIV HOLDINGS INC | Basic Materials | 0.4% | $24.9m | 4,000,000 | 0% | held |
| 44 | PARAGON 28 INC | 0.4% | $24.5m | 1,879,635 | – | new | |
| 45 | GEO GEO GROUP INC NEW | Industrials | 0.4% | $19.7m | 675,891 | – | new |
| 46 | TSAT TELESAT CORP | 0.3% | $16.2m | 859,512 | -10% | reduced | |
| 47 | EMBC EMBECTA CORP | Healthcare | 0.2% | $13.9m | 1,087,654 | 0% | held |
| 48 | TH TARGET HOSPITALITY CORP | Industrials | 0.2% | $13.2m | 2,000,000 | 135% | added |
| 49 | SPRY ARS PHARMACEUTICALS INC | Healthcare | 0.2% | $12.9m | 1,029,101 | – | new |
| 50 | SCPHARMACEUTICALS INC | 0.2% | $12.6m | 4,775,000 | 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.