Kingdon Capital Management, L.L.C. Top Holdings and 13F Report (2025) About Kingdon Capital Management, L.L.C.Investment ActivityKingdon Capital Management, L.L.C. has $742.52 million in total holdings as of June 30, 2025.Kingdon Capital Management, L.L.C. owns shares of 65 different stocks, but just 37 companies or ETFs make up 80% of its holdings.Approximately 48.69% of the portfolio was purchased this quarter.About 87.51% of the portfolio was sold this quarter.This quarter, Kingdon Capital Management, L.L.C. has purchased 67 new stocks and bought additional shares in 17 stocks.Kingdon Capital Management, L.L.C. sold shares of 19 stocks and completely divested from 24 stocks this quarter.Largest Holdings SPDR S&P Regional Banking ETF $59,390,000iShares Russell 2000 ETF $32,368,500KKR & Co. Inc. $26,606,000SPDR S&P 500 ETF Trust $24,714,000SANDISK CORP $24,035,500 Largest New Holdings this Quarter 464287655 - iShares Russell 2000 ETF $32,368,500 Holding48251W104 - KKR & Co. Inc. $26,606,000 Holding80004C200 - SANDISK CORP $24,035,500 Holding46434G822 - iShares MSCI Japan ETF $22,491,000 Holding889478103 - Toll Brothers $15,407,550 Holding Largest Purchases this Quarter SPDR S&P Regional Banking ETF 900,000 shares (about $53.45M)iShares Russell 2000 ETF 150,000 shares (about $32.37M)KKR & Co. Inc. 200,000 shares (about $26.61M)SANDISK CORP 530,000 shares (about $24.04M)iShares MSCI Japan ETF 300,000 shares (about $22.49M) Largest Sales this Quarter SPDR S&P 500 ETF Trust 510,000 shares (about $315.10M)Tenet Healthcare 104,700 shares (about $18.43M)Curtiss-Wright 12,500 shares (about $6.11M)Match Group 170,000 shares (about $5.25M)EVERUS CONSTR GROUP 50,000 shares (about $3.18M) Sector Allocation Over TimeMap of 500 Largest Holdings ofKingdon Capital Management, L.L.C. Selling Neutral Buying Latest 13F Holdings and Changes Since Previous Quarterly FilingIssuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSectorKRESPDR S&P Regional Banking ETF$59,390,000$53,451,000 ▲900.0%1,000,0008.0%ETFIWMiShares Russell 2000 ETF$32,368,500$32,368,500 ▲New Holding150,0004.4%FinanceKKRKKR & Co. Inc.$26,606,000$26,606,000 ▲New Holding200,0003.6%FinanceSPYSPDR S&P 500 ETF Trust$24,714,000$315,103,500 ▼-92.7%40,0003.3%FinanceSANDISK CORP$24,035,500$24,035,500 ▲New Holding530,0003.2%COMEWJiShares MSCI Japan ETF$22,491,000$22,491,000 ▲New Holding300,0003.0%ETFNVDANVIDIA$21,565,635$2,132,865 ▼-9.0%136,5002.9%Computer and TechnologySNDXSyndax Pharmaceuticals$19,666,500$936,500 ▲5.0%2,100,0002.6%MedicalCRH PLC$18,360,000$1,836,000 ▼-9.1%200,0002.5%ORDSMHVanEck Semiconductor ETF$16,732,800$836,640 ▼-4.8%60,0002.3%ManufacturingWMWaste Management$16,017,400$4,576,400 ▲40.0%70,0002.2%Business ServicesHUMHumana$15,793,408$5,576,100 ▲54.6%64,6002.1%MedicalTOLToll Brothers$15,407,550$15,407,550 ▲New Holding135,0002.1%ConstructionMMM3M$15,224,000$3,044,800 ▼-16.7%100,0002.1%Multi-Sector ConglomeratesBLDRBuilders FirstSource$14,994,665$14,994,665 ▲New Holding128,5002.0%Retail/WholesaleMAPLEBEAR INC$14,476,800$452,400 ▼-3.0%320,0001.9%COMAJGArthur J. Gallagher & Co.$14,405,400$14,405,400 ▲New Holding45,0001.9%FinanceEWYiShares MSCI South Korea ETF$14,356,000$14,356,000 ▲New Holding200,0001.9%ETFNXENexGen Energy$13,726,189$694,000 ▲5.3%1,977,8371.8%Basic MaterialsPKGPackaging Corporation of America$13,191,500$3,769,000 ▲40.0%70,0001.8%IndustrialsHEIHeico$13,120,000$1,640,000 ▼-11.1%40,0001.8%AerospaceUPSTUpstart$12,936,000$12,936,000 ▲New Holding200,0001.7%FinanceEVERUS CONSTR GROUP$12,706,000$3,176,500 ▼-20.0%200,0001.7%COMLOAR HOLDINGS INC$12,494,650$3,877,650 ▲45.0%145,0001.7%COM SHSFLEXFlex$11,980,800$1,497,600 ▼-11.1%240,0001.6%Computer and TechnologyTAPMolson Coors Beverage$11,551,2180.0%240,2001.6%Consumer StaplesAPGAPi Group$11,486,250$2,552,500 ▼-18.2%225,0001.5%Business ServicesTTEKTetra Tech$11,327,400$11,327,400 ▲New Holding315,0001.5%IndustrialsSRADSportradar Group$11,232,000$11,232,000 ▲New Holding400,0001.5%Consumer DiscretionaryALITAlight$10,471,000$6,792,000 ▲184.6%1,850,0001.4%Computer and TechnologyJPMJPMorgan Chase & Co.$10,146,850$10,146,850 ▲New Holding35,0001.4%FinanceGMEDGlobus Medical$10,033,400$1,103,674 ▲12.4%170,0001.4%MedicalOKTAOkta$9,997,000$4,498,650 ▲81.8%100,0001.3%Computer and TechnologyRDNTRadNet$9,845,430$5,463,360 ▲124.7%173,0001.3%MedicalWMTWalmart$9,778,0000.0%100,0001.3%Retail/WholesaleTSMTaiwan Semiconductor Manufacturing$9,625,825$2,264,900 ▼-19.0%42,5001.3%Computer and TechnologyWWWWolverine World Wide$9,486,576$1,808,000 ▼-16.0%524,7001.3%Consumer DiscretionaryIMAXIMAX$9,468,766$3,099,254 ▼-24.7%338,6541.3%Consumer DiscretionaryMIRMirion Technologies$9,150,250$538,250 ▼-5.6%425,0001.2%Business ServicesCWCurtiss-Wright$8,549,625$6,106,875 ▼-41.7%17,5001.2%AerospaceWELLWelltower$8,455,150$8,455,150 ▲New Holding55,0001.1%FinanceUL SOLUTIONS INC$8,378,900$8,378,900 ▲New Holding115,0001.1%CLASS A COM SHSWDCWestern Digital$8,318,700$1,279,800 ▼-13.3%130,0001.1%Computer and TechnologyEWEdwards Lifesciences$7,140,573$7,140,573 ▲New Holding91,3001.0%MedicalPURECYCLE TECHNOLOGIES INC$6,726,700$6,726,700 ▲New Holding491,0000.9%COMTHCTenet Healthcare$6,652,800$18,427,200 ▼-73.5%37,8000.9%MedicalWNS HLDGS LTD$6,007,800$1,897,200 ▲46.2%95,0000.8%COM SHSENPHEnphase Energy$5,947,500$2,973,750 ▲100.0%150,0000.8%EnergyVSTVistra$5,814,300$969,050 ▲20.0%30,0000.8%UtilitiesFSLRFirst Solar$5,793,900$5,793,900 ▲New Holding35,0000.8%EnergyMTCHMatch Group$5,560,200$5,251,300 ▼-48.6%180,0000.7%Computer and TechnologyHCIHCI Group$5,327,000$1,369,648 ▲34.6%35,0000.7%FinanceALDXAldeyra Therapeutics$5,100,760$2,117,190 ▲71.0%1,331,7910.7%MedicalZVRAZevra Therapeutics$3,964,500$3,964,500 ▲New Holding450,0000.5%MedicalJASPER THERAPEUTICS INC$3,800,124$1,080,624 ▲39.7%684,7070.5%COM NEWNVNOenVVeno Medical$3,428,4510.0%859,2610.5%MedicalAIC3.ai$3,194,100$3,194,100 ▲New Holding130,0000.4%Computer and TechnologyAMRCAmeresco$3,038,000$3,038,000 ▲New Holding200,0000.4%EnergyEBAYeBay$2,978,400$2,978,400 ▲New Holding40,0000.4%Retail/WholesaleGEGGreat Elm Group$2,626,7640.0%1,268,9070.4%Multi-Sector ConglomeratesSCPHscPharmaceuticals$2,513,499$1,296,501 ▼-34.0%659,7110.3%MedicalSCYXSCYNEXIS$1,509,5600.0%2,237,0480.2%MedicalNBNioCorp Developments$732,7030.0%314,4650.1%Basic MaterialsX4 PHARMACEUTICALS INC$443,331$443,331 ▲New Holding233,3320.1%COM NEWXAIRBeyond Air$161,3900.0%936,6830.0%MedicalQQQInvesco QQQ$0$65,601,908 ▼-100.0%00.0%FinanceXRTSPDR S&P Retail ETF$0$23,836,050 ▼-100.0%00.0%ETFIPInternational Paper$0$19,739,500 ▼-100.0%00.0%Basic MaterialsINSMInsmed$0$16,402,350 ▼-100.0%00.0%MedicalALNYAlnylam Pharmaceuticals$0$13,501,000 ▼-100.0%00.0%MedicalACHCAcadia Healthcare$0$12,819,296 ▼-100.0%00.0%MedicalPPLPPL$0$12,638,500 ▼-100.0%00.0%UtilitiesHOODRobinhood Markets$0$12,486,000 ▼-100.0%00.0%FinanceHASHasbro$0$11,129,690 ▼-100.0%00.0%Consumer DiscretionaryUNHUnitedHealth Group$0$10,612,223 ▼-100.0%00.0%MedicalMETAMeta Platforms$0$10,374,480 ▼-100.0%00.0%Computer and TechnologySYKStryker$0$9,901,850 ▼-100.0%00.0%MedicalTNDMTandem Diabetes Care$0$9,488,588 ▼-100.0%00.0%MedicalBABAAlibaba Group$0$8,198,260 ▼-100.0%00.0%Retail/WholesaleGEHCGE HealthCare Technologies$0$7,869,225 ▼-100.0%00.0%MedicalGKOSGlaukos$0$7,322,448 ▼-100.0%00.0%MedicalCVNACarvana$0$6,272,400 ▼-100.0%00.0%Retail/WholesaleRHRH$0$4,575,449 ▼-100.0%00.0%Consumer StaplesOPTINOSE INC$0$3,422,987 ▼-100.0%00.0%COM NEWALAir Lease$0$3,381,700 ▼-100.0%00.0%TransportationGE VERNOVA INC$0$3,052,800 ▼-100.0%00.0%COMCFLTConfluent$0$1,804,880 ▼-100.0%00.0%Computer and TechnologyXFORX4 Pharmaceuticals$0$1,654,800 ▼-100.0%00.0%MedicalSUPER MICRO COMPUTER INC$0$1,369,600 ▼-100.0%00.0%COM NEWShowing largest 100 holdings. View all holdings. More Institutional Buying and Selling Information SEC Filings and Trading Data SEC Filings 13F Filings Top 13F Buys Top 13F Sells Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
MarketBeat All Access