Tenor Capital Management Co., L.P.: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1346554) · Explore on the interactive board
Tenor Capital Management Co., L.P. disclosed 549 US equity positions worth $7.1bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is ON at 4.5% of the reported book, followed by TDOC, IONIS PHARMACEUTICALS INC. The top ten holdings are 22.4% of the book, and the portfolio behaves like about 97 equal-weight positions. Versus the prior filing it opened 104 new positions, added to 33, reduced 28 and exited 25. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Tenor Capital Management Co., L.P. own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 104 new, 33 added, 28 reduced, 25 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | ON ON SEMICONDUCTOR CORP | Technology | 4.5% | $321.6m | 176,537,000 | 214% | added |
| 2 | TDOC TELADOC HEALTH INC | Healthcare | 2.6% | $181.3m | 186,000,000 | -1% | reduced |
| 3 | IONIS PHARMACEUTICALS INC | 2.1% | $147.8m | 94,682,000 | 336% | added | |
| 4 | LIVE NATION ENTERTAINMENT IN | 2.0% | $143.9m | 80,000,000 | 36% | added | |
| 5 | U UNITY SOFTWARE INC | Technology | 1.9% | $133.2m | 135,378,000 | 0% | held |
| 6 | SHAK SHAKE SHACK INC | 1.6% | $115.3m | 122,919,000 | 0% | held | |
| 7 | AKAM AKAMAI TECHNOLOGIES INC | Technology | 1.6% | $111.2m | 92,500,000 | -2% | reduced |
| 8 | ZSCALER INC. | 1.6% | $110.0m | 119,000,000 | – | new | |
| 9 | BIOMARIN PHARMACEUTICAL INC | 1.5% | $108.9m | 111,500,000 | 0% | held | |
| 10 | NTNX NUTANIX INC | 1.4% | $100.9m | 102,164,000 | 36% | added | |
| 11 | IRTC IRHYTHM HOLDINGS INC | 1.4% | $97.1m | 87,500,000 | 3% | added | |
| 12 | TVTX TRAVERE THERAPEUTICS INC | 1.3% | $92.6m | 49,733,000 | 55% | added | |
| 13 | GREENBRIER COS INC | 1.3% | $92.2m | 80,000,000 | 27% | added | |
| 14 | MIRM MIRUM PHARMACEUTICALS INC | Healthcare | 1.3% | $91.7m | 24,653,000 | -44% | reduced |
| 15 | COLLEGIUM PHARMACEUTICAL INC | 1.2% | $85.8m | 68,807,000 | 0% | held | |
| 16 | SNOW SNOWFLAKE INC | Technology | 1.2% | $83.3m | 50,000,000 | -15% | reduced |
| 17 | ALIGNMENT HEALTHCARE INC | 1.2% | $81.8m | 47,500,000 | 280% | added | |
| 18 | LRN STRIDE INC | Consumer Defensive | 1.1% | $76.2m | 45,000,000 | 29% | added |
| 19 | UGI CORP NEW | 1.1% | $75.9m | 56,416,000 | -15% | reduced | |
| 20 | LANTHEUS HLDGS INC | 1.1% | $75.9m | 51,835,000 | 21% | added | |
| 21 | UPWK UPWORK INC | 1.1% | $74.8m | 75,000,000 | 0% | held | |
| 22 | ETSY INC | 1.0% | $70.8m | 74,639,000 | 0% | held | |
| 23 | CLOUDFLARE INC | 1.0% | $70.0m | 55,165,000 | – | new | |
| 24 | BENTLEY SYS INC | 1.0% | $70.0m | 72,595,000 | 0% | held | |
| 25 | CHECK POINT SOFTWARE TECH LTD | 1.0% | $69.9m | 75,000,000 | – | new | |
| 26 | RAPID7 INC | 1.0% | $67.8m | 70,000,000 | -30% | reduced | |
| 27 | RUBRIK INC. | 0.9% | $66.4m | 65,000,000 | – | new | |
| 28 | MKSI MKS INC. | Technology | 0.9% | $66.3m | 22,500,000 | -27% | reduced |
| 29 | AKAM AKAMAI TECHNOLOGIES INC | Technology | 0.9% | $65.8m | 55,000,000 | -33% | reduced |
| 30 | SNAP INC | 0.9% | $65.5m | 80,000,000 | 300% | added | |
| 31 | TRANSMEDICS GROUP INC | 0.9% | $64.8m | 59,560,000 | 24% | added | |
| 32 | UNITY SOFTWARE INC | 0.8% | $56.7m | 50,000,000 | 11% | added | |
| 33 | GRAB HOLDINGS LTD | 0.8% | $56.2m | 57,500,000 | – | new | |
| 34 | HALO HALOZYME THERAPEUTICS INC | 0.8% | $55.6m | 37,827,000 | -31% | reduced | |
| 35 | GAMESTOP CORP | 0.8% | $53.7m | 52,500,000 | – | new | |
| 36 | LCI INDS | 0.7% | $53.1m | 46,869,000 | 7% | added | |
| 37 | SNAP SNAP INC | Communication Services | 0.7% | $51.5m | 55,678,000 | 156% | added |
| 38 | SOUTHERN CO | 0.7% | $50.7m | 50,000,000 | – | new | |
| 39 | CHEESECAKE FACTORY INC | 0.7% | $48.0m | 37,500,000 | 150% | added | |
| 40 | MICROCHIP TECHNOLOGY INC. | 0.7% | $47.4m | 43,000,000 | -9% | reduced | |
| 41 | CHEFS WHSE INC | 0.7% | $47.0m | 21,000,000 | 0% | held | |
| 42 | DEXCOM INC | 0.7% | $46.7m | 50,000,000 | 0% | held | |
| 43 | ETSY INC | 0.7% | $46.5m | 40,000,000 | – | new | |
| 44 | JAZZ INVESTMENTS I LTD | 0.7% | $46.4m | 27,000,000 | – | new | |
| 45 | ETSY ETSY INC | Consumer Cyclical | 0.6% | $45.7m | 50,000,000 | – | new |
| 46 | ZIFF DAVIS INC | 0.6% | $45.6m | 45,000,000 | -25% | reduced | |
| 47 | ALPHABET INC | 0.6% | $45.4m | 900,000 | – | new | |
| 48 | GOOG ALPHABET INC | Communication Services | 0.6% | $45.1m | 900,000 | – | new |
| 49 | PEBBLEBROOK HOTEL TR | 0.6% | $44.5m | 44,734,000 | -4% | reduced | |
| 50 | SNOW SNOWFLAKE INC | Technology | 0.6% | $44.3m | 25,000,000 | – | new |
What did Tenor Capital Management Co., L.P. sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| LITE LUMENTUM HLDGS INC | 25.4% | $390.1m |
| CNMD CONMED CORP | 8.0% | $122.4m |
| VENTAS RLTY LTD PARTNERSHIP | 7.4% | $113.8m |
| JBTM JBT MAREL CORPORATION | 6.5% | $100.1m |
| JAZZ INVESTMENTS I LTD | 6.2% | $94.9m |
| QTWO Q2 HLDGS INC | 4.7% | $71.7m |
| PTC THERAPEUTICS INC | 4.4% | $66.8m |
| SEAGATE HDD CAYMAN | 4.2% | $64.7m |
| CALY CALLAWAY GOLF CO | 3.1% | $47.0m |
| WT WISDOMTREE INC | 3.0% | $46.7m |
| ADVANCED ENERGY INDS | 2.9% | $44.6m |
| PEABODY ENGR CORP | 2.1% | $33.0m |
| BBIO BRIDGEBIO PHARMA INC | 1.8% | $27.1m |
| OKTA OKTA INC | 1.7% | $26.5m |
| CSG SYS INTL INC | 1.4% | $21.4m |
| MOUNTAIN LAKE ACQUISITION CO | 1.4% | $21.1m |
| GIGCAPITAL7 CORP | 1.3% | $20.2m |
| COIN COINBASE GLOBAL INC | 1.3% | $19.9m |
| LIVE OAK ACQUISITION CORP V | 1.2% | $18.2m |
| CARTESIAN GROWTH CORP III | 1.0% | $15.4m |
| APELLIS PHARMACEUTICALS INC | 0.8% | $12.7m |
| VINE HILL CAP INVT CORP. | 0.8% | $12.5m |
| A PARADISE ACQUISITION CORP | 0.8% | $12.2m |
| TAVIA ACQUISITION CORP | 0.8% | $11.5m |
| LEGATO MERGER CORP III | 0.7% | $11.0m |
Sector mix
| Sector | Weight |
|---|---|
| Technology | 12.7% |
| Healthcare | 4.1% |
| Communication Services | 1.9% |
| Consumer Defensive | 1.1% |
| Consumer Cyclical | 1.0% |
| Utilities | 0.5% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Tenor Capital Management Co., L.P.'s portfolio?
Across every quarter Tenor Capital Management Co., L.P. has filed, its median largest position is 5.3% of the book and its median top-ten weight is 23.5%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 56.0 completed holding spells, the median lasted 1.0 quarters; 541.0 positions are still open and their final length is unknown.