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CIK: 0001000097
Total reported value
$976.2M
$976.2M
65 檔
17.1%
According to the latest 13F quarterly dataset, Kingdon Capital Management, L.l.c. managed an equity portfolio of $976.2M at the end of Q2 2025, spanning 65 distinct U.S. exchange-listed positions.
Kingdon Capital Management, L.l.c. executed strategic sector rebalancing during Q2 2025, establishing 22 new positions while fully exiting 24 holdings and trimming 19 positions.
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | KRE | Ss Spdr S&p Regional Bank | ETF-Other | 8.00% | +1.92% | NEW | |
| 2 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 4.36% | -1.18% | — | |
| 3 | KKR | Kkr & Co Inc | Stock-Financials | 3.58% | — | — | |
| 4 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 3.33% | -20.34% | EXIT | |
| 5 | SNDK | Sandisk CORP | Stock-Tech | 3.24% | — | — | |
| 6 | EWJ | Ishares Msci Japan ETF | ETF-Other | 3.03% | — | — | |
| 7 | NVDA | Nvidia CORP | Stock-Tech | 2.90% | +1.09% | -9.00% | |
| 8 | SNDX | Syndax Pharmaceuticals Inc | Stock-Other | 2.65% | -0.81% | +5.00% | |
| 9 | CRH | CRH plc | Stock-Materials | 2.47% | — | -9.09% | |
| 10 | SMH | Vaneck Semiconductor ETF | ETF-Other | 2.25% | -1.47% | EXIT | |
| 11 | WM | Waste Management Inc | Stock-Industrials | 2.16% | — | +40.00% | |
| 12 | HUM | Humana Inc | Stock-Healthcare | 2.13% | — | +54.58% | |
| 13 | TOL | Toll Brothers Inc | Stock-Consumer Disc | 2.08% | — | — | |
| 14 | MMM | 3m Co | Stock-Industrials | 2.05% | — | -16.67% | |
| 15 | BLDR | Builders Firstsource Inc | Stock-Industrials | 2.02% | — | — | |
| 16 | CART | Maplebear Inc | Stock-Consumer Disc | 1.95% | -0.09% | -3.03% | |
| 17 | AJG | Arthur J Gallagher & Co | Stock-Financials | 1.94% | — | — | |
| 18 | EWY | Ishares Msci South Korea ETF | ETF-Other | 1.93% | -0.25% | — | |
| 19 | NXE | Nexgen Energy LTD | Stock-Other | 1.85% | -0.78% | +5.33% | |
| 20 | PKG | Packaging CORP Of America | Stock-Consumer Disc | 1.78% | — | +40.00% | |
| 21 | HEI | Heico CORP | Stock-Industrials | 1.77% | -0.11% | -11.11% | |
| 22 | UPST | Upstart Holdings Inc | Stock-Financials | 1.74% | — | — | |
| 23 | ECG | Everus Construction Group | Stock-Industrials | 1.71% | +0.50% | -20.00% | |
| 24 | LOAR | Loar Holdings Inc | Stock-Other | 1.68% | — | +45.00% | |
| 25 | FLEX | Flex Ltd. | Stock-Tech | 1.61% | +0.23% | -11.11% | |
| 26 | TAP | Molson Coors Beverage Co - B | Stock-Consumer Staples | 1.56% | — | — | |
| 27 | APG | Api Group CORP | Stock-Industrials | 1.55% | +0.60% | -18.18% | |
| 28 | TTEK | Tetra Tech Inc | Stock-Industrials | 1.53% | -0.33% | EXIT | |
| 29 | SRAD | Sportradar Group AG | Stock-Other | 1.51% | -1.24% | EXIT | |
| 30 | ALIT | Alight Inc - Class A | Stock-Other | 1.41% | -0.06% | EXIT | |
| 31 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.37% | — | — | |
| 32 | GMED | Globus Medical Inc - A | Stock-Healthcare | 1.35% | — | +12.36% | |
| 33 | OKTA | Okta Inc | Stock-Tech | 1.35% | — | +81.82% | |
| 34 | RDNT | Radnet Inc | Stock-Healthcare | 1.33% | — | +124.68% | |
| 35 | WMT | Walmart Inc | Stock-Consumer Staples | 1.32% | — | — | |
| 36 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 1.30% | +0.53% | -19.05% | |
| 37 | WWW | Wolverine World Wide Inc | Stock-Other | 1.28% | +0.04% | -16.01% | |
| 38 | IMAX | Imax CORP | Stock-Other | 1.28% | — | -24.66% | |
| 39 | MIR | Mirion Technologies Inc | Stock-Industrials | 1.23% | — | -5.56% | |
| 40 | CW | Curtiss-wright CORP | Stock-Industrials | 1.15% | — | -41.67% | |
| 41 | WELL | Welltower Inc | Stock-Real Estate | 1.14% | -0.51% | — | |
| 42 | ULS | Ul Solutions Inc - Class A | Stock-Industrials | 1.13% | — | — | |
| 43 | WDC | Western Digital CORP | Stock-Tech | 1.12% | +0.33% | NEW | |
| 44 | EW | Edwards Lifesciences CORP | Stock-Healthcare | 0.96% | — | — | |
| 45 | PCT | Purecycle Technologies Inc | Stock-Other | 0.91% | — | — | |
| 46 | THC | Tenet Healthcare CORP | Stock-Healthcare | 0.90% | — | -73.47% | |
| 47 | ✓ | Wns Holdings LTD | Stock-Other | 0.81% | — | +46.15% | |
| 48 | ENPH | Enphase Energy Inc | Stock-Tech | 0.80% | — | +100.00% | |
| 49 | VST | Vistra CORP | Stock-Utilities | 0.78% | — | +20.00% | |
| 50 | FSLR | First Solar Inc | Stock-Tech | 0.78% | — | — |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | KRE | Ss Spdr S&p Regional Bank | +7.4% | +900.00% | Add |
| 2 | IWM | Ishares Russell 2000 ETF | +4.4% | NEW | New buy |
| 3 | KKR | Kkr & Co Inc | +3.6% | NEW | New buy |
| 4 | SNDK | Sandisk CORP | +3.2% | NEW | New buy |
| 5 | EWJ | Ishares Msci Japan ETF | +3% | NEW | New buy |
| 6 | TOL | Toll Brothers Inc | +2.1% | NEW | New buy |
| 7 | BLDR | Builders Firstsource Inc | +2% | NEW | New buy |
| 8 | AJG | Arthur J Gallagher & Co | +1.9% | NEW | New buy |
| 9 | EWY | Ishares Msci South Korea ETF | +1.9% | NEW | New buy |
| 10 | UPST | Upstart Holdings Inc | +1.7% | NEW | New buy |
| 11 | TTEK | Tetra Tech Inc | +1.5% | NEW | New buy |
| 12 | SRAD | Sportradar Group AG | +1.5% | NEW | New buy |
| 13 | JPM | Jpmorgan Chase & Co | +1.4% | NEW | New buy |
| 14 | NVDA | Nvidia CORP | +1.2% | -9.00% | Trim |
| 15 | WELL | Welltower Inc | +1.1% | NEW | New buy |
| 16 | ULS | Ul Solutions Inc - Class A | +1.1% | NEW | New buy |
| 17 | ALIT | Alight Inc - Class A | +1% | +184.62% | Add |
| 18 | EW | Edwards Lifesciences CORP | +1% | NEW | New buy |
| 19 | NXE | Nexgen Energy LTD | +1% | +5.33% | Add |
| 20 | HUM | Humana Inc | +1% | +54.58% | Add |
| 21 | LOAR | Loar Holdings Inc | +0.9% | +45.00% | Add |
| 22 | WM | Waste Management Inc | +0.9% | +40.00% | Add |
| 23 | RDNT | Radnet Inc | +0.9% | +124.68% | Add |
| 24 | PCT | Purecycle Technologies Inc | +0.9% | NEW | New buy |
| 25 | SMH | Vaneck Semiconductor ETF | +0.8% | -4.76% | Trim |
| 26 | FSLR | First Solar Inc | +0.8% | NEW | New buy |
| 27 | OKTA | Okta Inc | +0.7% | +81.82% | Add |
| 28 | ECG | Everus Construction Group | +0.7% | -20.00% | Trim |
| 29 | PKG | Packaging CORP Of America | +0.7% | +40.00% | Add |
| 30 | FLEX | Flex Ltd. | +0.7% | -11.11% | Trim |
| 31 | CART | Maplebear Inc | +0.6% | -3.03% | Trim |
| 32 | MIR | Mirion Technologies Inc | +0.5% | -5.56% | Trim |
| 33 | ZVRA | Zevra Therapeutics Inc | +0.5% | NEW | New buy |
| 34 | APG | Api Group CORP | +0.5% | -18.18% | Trim |
| 35 | HEI | Heico CORP | +0.5% | -11.11% | Trim |
| 36 | WDC | Western Digital CORP | +0.5% | -13.33% | Trim |
| 37 | VST | Vistra CORP | +0.5% | +20.00% | Add |
| 38 | AI | C3.ai Inc-a | +0.4% | NEW | New buy |
| 39 | CRH | CRH plc | +0.4% | -9.09% | Trim |
| 40 | AMRC | Ameresco Inc-cl A | +0.4% | NEW | New buy |
| 41 | EBAY | Ebay Inc | +0.4% | NEW | New buy |
| 42 | ✓ | Wns Holdings LTD | +0.4% | +46.15% | Add |
| 43 | WMT | Walmart Inc | +0.4% | — | Unchanged |
| 44 | TSM | Taiwan Semiconductor-sp Adr | +0.4% | -19.05% | Trim |
| 45 | WWW | Wolverine World Wide Inc | +0.4% | -16.01% | Trim |
| 46 | HCI | Hci Group Inc | +0.3% | +34.61% | Add |
| 47 | ENPH | Enphase Energy Inc | +0.3% | +100.00% | Add |
| 48 | JSPR | Jasper Therapeutics Inc | +0.3% | +39.74% | Add |
| 49 | ✓ | Envveno Medical CORP | +0.2% | — | Unchanged |
| 50 | ALDX | Aldeyra Therapeutics Inc | +0.2% | +70.96% | Add |
According to official SEC Form 13F filings, Kingdon Capital Management, L.l.c. reported a total U.S. public equity portfolio value of $976.2M across 65 disclosed positions in Q2 2025.
Expert Analysis & Guides for Tracking Wall Street Smart Money Movements
Learn how SEC Form 13F filings work, the $100M threshold, 45-day reporting lag, and how to track top hedge fund holdings.
In terms of portfolio concentration, the top 5 core holdings (including KRE, IWM, KKR) accounted for 17.1% of total reported equity market value during Q2 2025.
Top New Position Initiated
IWM
市值: $32.4M
Top Position Liquidated / Trimmed
QQQ
前期市值: $65.6M
During Q2 2025, Kingdon Capital Management, L.l.c.'s top holdings by market value included KRE (8.0%)、IWM (4.4%)、KKR (3.6%). The largest single position, KRE, represented 8.0% of total portfolio value.
In Q2 2025, Kingdon Capital Management, L.l.c. made 82 total portfolio adjustments, initiating 22 new buys, adding to 17 positions, trimming 19 holdings, and fully liquidating 24 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
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