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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 4  ·  61 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 BBIO BRIDGEBIO PHARMA INC Healthcare 1,402,150.0 $107.3M 3.99% -351K -20.0% $76.49 -9.6%
2 NUVB NUVATION BIO INC Healthcare 7,852,638.0 $70.4M 2.62% -1.9M -19.1% $8.96 -47.3%
3 TXN PUT TEXAS INSTRS INC Technology 246,400.0 $42.7M 1.59% -246K -49.9% $173.49 +78.2%
4 AAPL PUT APPLE INC Technology 83,900.0 $22.8M 0.85% -579K -87.3% $271.86 +13.6%
5 GOOGL PUT ALPHABET INC Communication Services 71,800.0 $22.5M 0.84% -331K -82.2% $313.00 +22.4%
6 CVNA PUT CARVANA CO Consumer Cyclical 47,900.0 $20.2M 0.75% -13K -21.7% $422.02 -83.8%
7 GS PUT GOLDMAN SACHS GROUP INC Financial Services 22,200.0 $19.5M 0.73% -135K -85.8% $879.00 +13.4%
8 GOOGL CALL ALPHABET INC Communication Services 60,500.0 $18.9M 0.70% -450K -88.1% $313.00 +22.4%
9 BAC PUT BANK AMERICA CORP Financial Services 324,000.0 $17.8M 0.66% -127K -28.2% $55.00 -5.8%
10 C PUT CITIGROUP INC Financial Services 143,200.0 $16.7M 0.62% -189K -56.8% $116.69 +7.2%
11 AAPL CALL APPLE INC Technology 55,900.0 $15.2M 0.57% -264K -82.5% $271.86 +13.6%
12 SHOP PUT SHOPIFY INC Technology 90,400.0 $14.6M 0.54% -74K -45.2% $160.97 -36.0%
13 AARD AARDVARK THERAPEUTICS INC Healthcare 1,014,911.0 $13.3M 0.50% -35K -3.3% $13.13 -65.4%
14 GS CALL GOLDMAN SACHS GROUP INC Financial Services 13,700.0 $12.0M 0.45% -86K -86.3% $879.00 +13.4%
15 COIN PUT COINBASE GLOBAL INC Financial Services 53,100.0 $12.0M 0.45% -43K -44.8% $226.14 -18.2%
16 APP CALL APPLOVIN CORP Technology 17,500.0 $11.8M 0.44% -46K -72.6% $673.82 -28.5%
17 ADI PUT ANALOG DEVICES INC Technology 41,500.0 $11.3M 0.42% -18K -30.0% $271.20 +46.4%
18 APP PUT APPLOVIN CORP Technology 16,300.0 $11.0M 0.41% -51K -75.8% $673.82 -28.5%
19 GOOG PUT ALPHABET INC Communication Services 32,300.0 $10.1M 0.38% -454K -93.4% $313.80 +20.9%
20 MS PUT MORGAN STANLEY Financial Services 55,700.0 $9.9M 0.37% -232K -80.6% $177.53 +13.2%
Page 1 of 4  ·  61 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%