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Portfolio (Quarterly) Guide ↗

Laurion Capital Management LP

· CIK 0001390202
13F Portfolio $2.7B AUM 306 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 193 New 27 Added 61 Reduced 119 Exited
Page 1 of 2  ·  27 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 IWM PUT ISHARES TR 1,500,000.0 $369.2M 13.75% +500K +50.0% $246.16 +15.8%
2 NSC NORFOLK SOUTHN CORP Industrials 351,648.0 $101.5M 3.78% +50K +16.6% $288.72 +8.9%
3 GOOG ALPHABET INC Communication Services 314,000.0 $98.5M 3.67% +311K +9059.9% $313.80 +20.9%
4 EA ELECTRONIC ARTS INC Communication Services 443,580.0 $90.6M 3.38% +267K +151.4% $204.33 -1.6%
5 DELL CALL DELL TECHNOLOGIES INC Technology 650,000.0 $81.8M 3.05% +579K +818.1% $125.88 +134.5%
6 WBD WARNER BROS DISCOVERY INC Communication Services 2,427,610.0 $70.0M 2.60% +2.3M +1678.7% $28.82 -6.2%
7 MSFT MICROSOFT CORP Technology 102,000.0 $49.3M 1.84% +97K +1894.1% $483.62 -13.5%
8 SOFI SOFI TECHNOLOGIES INC Financial Services 810,788.0 $21.2M 0.79% +761K +1521.6% $26.18 -40.3%
9 BRIDGEBIO ONCOLOGY THERAPEUT 1,464,938.0 $18.3M 0.68% +419K +40.1% $12.52
10 BA BOEING CO Industrials 82,141.0 $17.8M 0.66% +7K +9.2% $217.12 +0.9%
11 PEPG PEPGEN INC Healthcare 2,052,133.0 $13.4M 0.50% +160K +8.4% $6.51 -76.8%
12 KKR PUT KKR & CO INC Financial Services 67,100.0 $8.6M 0.32% +32K +89.0% $127.48 -26.2%
13 CRDF CARDIFF ONCOLOGY INC Healthcare 2,646,738.0 $7.4M 0.28% +181K +7.3% $2.81 -36.7%
14 LNG CHENIERE ENERGY INC Energy 33,835.0 $6.6M 0.24% +669.0 +2.0% $194.39 +23.9%
15 CMG CALL CHIPOTLE MEXICAN GRILL INC Consumer Cyclical 152,700.0 $5.6M 0.21% +61K +66.3% $37.00 -11.1%
16 PYXS PYXIS ONCOLOGY INC Healthcare 4,796,479.0 $5.5M 0.20% +1.2M +32.3% $1.15 +70.4%
17 RCL CALL ROYAL CARIBBEAN GROUP Consumer Cyclical 10,400.0 $2.9M 0.11% +10K +10000.0% $278.92 -8.2%
18 COLB COLUMBIA BKG SYS INC Financial Services 75,210.0 $2.1M 0.08% +500.0 +0.7% $27.95 +6.4%
19 IMMUNIC INC 3,882,162.0 $2.1M 0.08% +2.0M +106.3% $0.53
20 RGLD ROYAL GOLD INC Basic Materials 7,000.0 $1.6M 0.06% +1K +17.8% $222.29 -0.9%
Page 1 of 2  ·  27 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Communication Services 30.9%
Healthcare 22.8%
Technology 21.5%
Industrials 10.8%
Financial Services 5.4%
Consumer Cyclical 5.1%
Basic Materials 1.5%
Energy 1.3%
Consumer Defensive 0.4%
Utilities 0.3%