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CIK: 0001000097
Total reported value
$976.2M
$976.2M
74 檔
16.4%
In Q3 2025, Kingdon Capital Management, L.l.c.'s U.S. equity holdings reached a combined market value of $976.2M, distributed across 74 disclosed stock positions.
Kingdon Capital Management, L.l.c. executed strategic sector rebalancing during Q3 2025, establishing 43 new positions while fully exiting 36 holdings and trimming 14 positions.
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 6.33% | +2.26% | NEW | |
| 2 | SNDX | Syndax Pharmaceuticals Inc | Stock-Other | 4.77% | -0.81% | +19.05% | |
| 3 | EWY | Ishares Msci South Korea ETF | ETF-Other | 3.23% | -0.25% | +62.50% | |
| 4 | SMH | Vaneck Semiconductor ETF | ETF-Other | 2.84% | -1.47% | EXIT | |
| 5 | NVDA | Nvidia CORP | Stock-Tech | 2.72% | +1.09% | -13.92% | |
| 6 | KKR | Kkr & Co Inc | Stock-Financials | 2.66% | — | -17.50% | |
| 7 | MOH | Molina Healthcare Inc | Stock-Healthcare | 2.62% | — | — | |
| 8 | SLNOEUR | Soleno Therapeutics Inc | Stock-Other | 2.53% | -2.11% | EXIT | |
| 9 | EW | Edwards Lifesciences CORP | Stock-Healthcare | 2.43% | — | +175.36% | |
| 10 | NXE | Nexgen Energy LTD | Stock-Other | 2.42% | -0.78% | +10.11% | |
| 11 | HUM | Humana Inc | Stock-Healthcare | 2.28% | — | +9.29% | |
| 12 | BLDR | Builders Firstsource Inc | Stock-Industrials | 2.26% | — | +16.73% | |
| 13 | CRH | CRH plc | Stock-Materials | 2.23% | — | -25.00% | |
| 14 | HCI | Hci Group Inc | Stock-Other | 2.20% | — | +164.29% | |
| 15 | ECG | Everus Construction Group | Stock-Industrials | 2.13% | +0.50% | — | |
| 16 | CART | Maplebear Inc | Stock-Consumer Disc | 2.05% | -0.09% | +40.63% | |
| 17 | GMED | Globus Medical Inc - A | Stock-Healthcare | 1.83% | — | +51.56% | |
| 18 | MSFT | Microsoft CORP | Stock-Tech | 1.77% | — | — | |
| 19 | XLU | St Sr Utl Sl Se Spdr Etf-usd | ETF-Other | 1.62% | — | — | |
| 20 | HEI | Heico CORP | Stock-Industrials | 1.60% | -0.11% | — | |
| 21 | SRAD | Sportradar Group AG | Stock-Other | 1.58% | -1.24% | EXIT | |
| 22 | LOAR | Loar Holdings Inc | Stock-Other | 1.49% | — | +3.45% | |
| 23 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 1.47% | +0.53% | — | |
| 24 | META | Meta Platforms Inc-class A | Stock-Comm Services | 1.46% | — | — | |
| 25 | SKY | Champion Homes Inc | Stock-Consumer Disc | 1.42% | — | — | |
| 26 | APG | Api Group CORP | Stock-Industrials | 1.39% | +0.60% | +44.44% | |
| 27 | TAP | Molson Coors Beverage Co - B | Stock-Consumer Staples | 1.35% | — | — | |
| 28 | NXPI | NXP Semiconductors N.V. | Stock-Tech | 1.34% | — | — | |
| 29 | HWM | Howmet Aerospace Inc | Stock-Industrials | 1.34% | -0.12% | — | |
| 30 | ETR | Entergy CORP | Stock-Utilities | 1.33% | — | — | |
| 31 | WELL | Welltower Inc | Stock-Real Estate | 1.33% | -0.51% | +9.09% | |
| 32 | WMT | Walmart Inc | Stock-Consumer Staples | 1.28% | — | — | |
| 33 | BX | Blackstone Inc | Stock-Financials | 1.27% | — | — | |
| 34 | FLEX | Flex Ltd. | Stock-Tech | 1.26% | +0.23% | -27.08% | |
| 35 | WRBY | Warby Parker Inc-class A | Stock-Other | 1.20% | +1.06% | — | |
| 36 | RAL | Ralliant CORP | Stock-Tech | 1.19% | -0.01% | — | |
| 37 | CW | Curtiss-wright CORP | Stock-Industrials | 1.18% | — | — | |
| 38 | PANW | Palo Alto Networks Inc | Stock-Tech | 1.14% | — | — | |
| 39 | ULS | Ul Solutions Inc - Class A | Stock-Industrials | 1.10% | — | +8.70% | |
| 40 | TDY | Teledyne Technologies Inc | Stock-Tech | 1.09% | +0.55% | — | |
| 41 | MIR | Mirion Technologies Inc | Stock-Industrials | 1.08% | — | -11.76% | |
| 42 | ICE | Intercontinental Exchange In | Stock-Financials | 1.05% | — | — | |
| 43 | OLMA | Olema Pharmaceuticals Inc | Stock-Other | 1.04% | +0.14% | — | |
| 44 | FWONK | Liberty Media Corp-formula-c | Stock-Comm Services | 1.04% | — | — | |
| 45 | CNM | Core & Main Inc-class A | Stock-Industrials | 1.00% | — | — | |
| 46 | ITB | Ishares U.s. Home Constructi | ETF-Other | 1.00% | — | — | |
| 47 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.91% | — | — | |
| 48 | PCT | Purecycle Technologies Inc | Stock-Other | 0.90% | — | +12.63% | |
| 49 | WDC | Western Digital CORP | Stock-Tech | 0.89% | +0.33% | NEW | |
| 50 | AXON | Axon Enterprise Inc | Stock-Industrials | 0.89% | -0.68% | EXIT |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | SNDX | Syndax Pharmaceuticals Inc | +2.2% | +19.05% | Add |
| 2 | HCI | Hci Group Inc | +1.8% | +164.29% | Add |
| 3 | NXE | Nexgen Energy LTD | +1.5% | +10.11% | Add |
| 4 | SMH | Vaneck Semiconductor ETF | +1.4% | +16.67% | Add |
| 5 | ECG | Everus Construction Group | +1.2% | — | Trim |
| 6 | HUM | Humana Inc | +1.1% | +9.29% | Add |
| 7 | NVDA | Nvidia CORP | +1% | -13.92% | Trim |
| 8 | LOAR | Loar Holdings Inc | +0.7% | +3.45% | Add |
| 9 | GMED | Globus Medical Inc - A | +0.7% | +51.56% | Add |
| 10 | CART | Maplebear Inc | +0.7% | +40.63% | Add |
| 11 | TSM | Taiwan Semiconductor-sp Adr | +0.6% | — | Trim |
| 12 | GEV | GE Vernova Inc | +0.4% | — | Unchanged |
| 13 | ALDX | Aldeyra Therapeutics Inc | +0.4% | — | Add |
| 14 | MIR | Mirion Technologies Inc | +0.4% | -11.76% | Trim |
| 15 | META | Meta Platforms Inc-class A | +0.4% | — | Trim |
| 16 | WMT | Walmart Inc | +0.4% | — | Unchanged |
| 17 | APG | Api Group CORP | +0.4% | +44.44% | Add |
| 18 | HEI | Heico CORP | +0.3% | — | Trim |
| 19 | FLEX | Flex Ltd. | +0.3% | -27.08% | Trim |
| 20 | WDC | Western Digital CORP | +0.3% | -53.85% | Trim |
| 21 | NB | Niocorp Developments LTD | +0.2% | — | Unchanged |
| 22 | CRH | CRH plc | +0.2% | -25.00% | Trim |
| 23 | JSPR | Jasper Therapeutics Inc | +0.2% | +93.49% | Add |
| 24 | CW | Curtiss-wright CORP | +0.2% | — | Trim |
| 25 | GEG | Great Elm Group Inc | +0.1% | -7.88% | Trim |
| 26 | SCYXEUR | Scynexis Inc | 0% | — | Unchanged |
| 27 | ✓ | Envveno Medical CORP | -0.1% | +58.19% | Add |
| 28 | TAP | Molson Coors Beverage Co - B | -0.2% | — | Unchanged |
| 29 | WWW | Wolverine World Wide Inc | -0.5% | -75.32% | Trim |
| 30 | CVNA | Carvana Co | -0.5% | — | Trim |
| 31 | QQQ | Invesco Qqq Trust Series 1 | -0.6% | — | Trim |
| 32 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | EXIT | Sold out |
| 33 | EWY | Ishares Msci South Korea ETF | — | NEW | New buy |
| 34 | XRT | Ss Spdr S&p Retail ETF | — | EXIT | Sold out |
| 35 | KKR | Kkr & Co Inc | — | NEW | New buy |
| 36 | MOH | Molina Healthcare Inc | — | NEW | New buy |
| 37 | SLNOEUR | Soleno Therapeutics Inc | — | NEW | New buy |
| 38 | IP | International Paper Co | — | EXIT | Sold out |
| 39 | EW | Edwards Lifesciences CORP | — | NEW | New buy |
| 40 | THC | Tenet Healthcare CORP | — | EXIT | Sold out |
| 41 | BLDR | Builders Firstsource Inc | — | NEW | New buy |
| 42 | MMM | 3m Co | — | EXIT | Sold out |
| 43 | INSM | Insmed Inc | — | EXIT | Sold out |
| 44 | MSFT | Microsoft CORP | — | NEW | New buy |
| 45 | ALNY | Alnylam Pharmaceuticals Inc | — | EXIT | Sold out |
| 46 | XLU | St Sr Utl Sl Se Spdr Etf-usd | — | NEW | New buy |
| 47 | ACHC | Acadia Healthcare Co Inc | — | EXIT | Sold out |
| 48 | SRAD | Sportradar Group AG | — | NEW | New buy |
| 49 | PPL | Ppl CORP | — | EXIT | Sold out |
| 50 | HOOD | Robinhood Markets Inc - A | — | EXIT | Sold out |
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 74 disclosed positions in Q3 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 QQQ, SNDX, EWY) accounted for 16.4% of total reported equity market value during Q3 2025.
Top New Position Initiated
EWY
市值: $26.0M
Top Position Liquidated / Trimmed
SPY
前期市值: $307.7M
During Q3 2025, Kingdon Capital Management, L.l.c.'s top holdings by market value included QQQ (6.3%)、SNDX (4.8%)、EWY (3.2%). The largest single position, QQQ, represented 6.3% of total portfolio value.
In Q3 2025, Kingdon Capital Management, L.l.c. made 105 total portfolio adjustments, initiating 43 new buys, adding to 12 positions, trimming 14 holdings, and fully liquidating 36 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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