Fund Holdings

HBK INVESTMENTS L P

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
PENUMBRA INC(PEN)01,634,261+1,634,2610536,642,2856.76%+536,642,285
MASIMO CORP02,576,109+2,576,1090458,212,5085.77%+458,212,508
COTERRA ENERGY INC010,568,659+10,568,6590371,382,6774.68%+371,382,677
CLEARWATER ANALYTICS HLDGS I373,30313,875,000+13,501,6979,004,068328,143,7504.13%+319,139,682
KENVUE INC(KVUE)2,535,00121,000,001+18,465,00043,728,767362,040,0174.56%+318,311,250
SEALED AIR CORP NEW07,305,341+7,305,3410307,189,5893.87%+307,189,589
ELECTRONIC ARTS INC(EA)1,909,9823,270,100+1,360,118390,266,622666,675,2878.39%+276,408,665
ARCELLX INC
COMMON STOCK
02,278,517+2,278,5170261,619,3223.29%+261,619,322
JANUS HENDERSON GROUP PLC04,230,723+4,230,7230217,332,2412.74%+217,332,241
WARNER BROS DISCOVERY INC(WBD)8,924,17016,361,200+7,437,030257,194,579449,278,5525.66%+192,083,973
TERNS PHARMACEUTICALS INC02,950,000+2,950,0000155,524,0001.96%+155,524,000
APELLIS PHARMACEUTICALS INC
COM
03,550,000+3,550,0000142,816,5001.80%+142,816,500
HOLOGIC INC8,400,0009,800,000+1,400,000625,716,000740,782,0009.33%+115,066,000
ISHARES TR(Put)298,200680,200+382,00073,404,912168,689,600+95,284,688
TECK RESOURCES LTD(TECK)01,585,092+1,585,092082,028,5111.03%+82,028,511
TXNM ENERGY INC(TXNM)1,697,2443,040,938+1,343,69499,933,727177,773,2352.24%+77,839,508
AIR LEASE CORP
CL A
4,602,2605,527,242+924,982295,603,160358,939,0954.52%+63,335,935
HOWMET AEROSPACE INC(HWM)(Put)0211,700+211,700048,788,382+48,788,382
COMCAST CORP NEW(CCZ)01,067,001+1,067,001030,633,5990.39%+30,633,599
DUKE ENERGY CORP NEW(DUK)00020,626,12550,700,7400.64%+30,074,615
SPDR SERIES TRUST(Call)
SP O&G EXPL PRO
0163,200+163,200029,674,656+29,674,656
COSTCO WHOLESALE CORPORATION(COST)(Put)023,900+23,900023,814,677+23,814,677
TRIPADVISOR INC(TRIP)417,1602,526,616+2,109,4566,073,85026,933,7270.34%+20,859,877
TRIPADVISOR INC(TRIP)(Put)417,2002,350,600+1,933,4006,074,43225,057,396+18,982,964
MATTEL INC(MAT)01,300,000+1,300,000018,889,0000.24%+18,889,000
APPLE INC(AAPL)(Put)073,800+73,800018,729,702+18,729,702
BOEING CO(BA)(Put)093,700+93,700018,649,111+18,649,111
ADVANCED MICRO DEVICES INC(AMD)(Put)086,800+86,800017,657,724+17,657,724
CSG SYS INTL INC
NOTE
00060,071,00077,632,0130.98%+17,561,013
BERKSHIRE HATHAWAY INC DEL(Put)033,200+33,200015,909,440+15,909,440
ISHARES TR(Put)050,000+50,000015,690,500+15,690,500
QUALCOMM INC(QCOM)(Put)0109,800+109,800014,140,044+14,140,044
KRATOS DEFENSE & SEC SOLUTIO(KTOS)0200,000+200,000014,102,0000.18%+14,102,000
META PLATFORMS INC(META)(Put)024,000+24,000013,731,120+13,731,120
VELOCITY FINL INC(Put)0737,500+737,500013,341,375+13,341,375
WALMART INC(WMT)(Put)0107,000+107,000013,297,960+13,297,960
WELLTOWER INC(WELL)062,515+62,515012,359,8410.16%+12,359,841
ZIFF DAVIS INC(ZD)000011,790,0000.15%+11,790,000
GAMESTOP CORP(GME)336,553782,365+445,8126,757,98418,025,6900.23%+11,267,706
DANAHER CORP DEL(DHR)(Put)059,000+59,000011,186,400+11,186,400
SIRIUSXM HOLDINGS INC(SIRI)(Call)285,100721,600+436,5005,700,57616,654,528+10,953,952
ALIBABA GROUP HLDG LTD(BABA)(Put)087,000+87,000010,915,020+10,915,020
CAPITAL SOUTHWEST CORP(CSWC)000010,468,6900.13%+10,468,690
MEDLINE INC(MDLN)235,000425,000+190,0009,870,00018,912,5000.24%+9,042,500
CHUBB LTD SWITZ(Put)
COM
025,800+25,80008,408,994+8,408,994
PALANTIR TECHNOLOGIES INC(PLTR)(Put)056,200+56,20008,223,184+8,223,184
TESLA INC(TSLA)021,490+21,49007,988,9080.10%+7,988,908
PAR TECHNOLOGY CORP00007,901,6660.10%+7,901,666
FORTRESS VALUE ACQU CORP V
ORD SHS CL A
0750,000+750,00007,522,5000.09%+7,522,500
AVERIN CAP ACQUISITION CORP
UNIT 01/30/2031
0750,006+750,00607,500,0600.09%+7,500,060
KPET ULTRA PACELINE CORP0750,000+750,00007,500,0000.09%+7,500,000
ADVANCED MICRO DEVICES INC(AMD)036,569+36,56907,439,2320.09%+7,439,232
AMAZON COM INC(AMZN)(Put)035,300+35,30007,351,931+7,351,931
SILVERCORP METALS INC(SVM)00013,291,89820,616,4640.26%+7,324,566
ENCORE CAP GROUP INC(ECPG)(Put)0102,000+102,00007,152,240+7,152,240
CROWDSTRIKE HLDGS INC(CRWD)(Put)018,300+18,30007,144,503+7,144,503
AGNC INVT CORP(AGNC)(Call)0700,000+700,00007,021,000+7,021,000
CHEVRON CORPORATION(CVX)(Put)033,800+33,80006,993,220+6,993,220
KRAKACQUISITION CORPORATION0700,004+700,00406,902,0390.09%+6,902,039
NEXTERA ENERGY INC(NEE)(Put)12,50084,700+72,2001,003,5007,866,936+6,863,436
BOEING CO(BA)032,534+32,53406,475,2420.08%+6,475,242
ICAHN ENTERPRISES LP(IEP)(Put)0844,500+844,50006,375,975+6,375,975
HEWLETT PACKARD ENTERPRISE C(HPE)200,000300,000+100,00013,236,23719,563,4180.25%+6,327,181
APPLE INC(AAPL)024,781+24,78106,289,1700.08%+6,289,170
GAMESTOP CORP(GME)(Call)453,200666,800+213,6009,100,25615,363,072+6,262,816
UBER TECHNOLOGIES INC(UBER)(Put)64,000158,000+94,0005,229,44011,364,940+6,135,500
TXNM ENERGY INC(TXNM)00030,259,30136,116,1590.45%+5,856,858
ALPHABET INC(GOOG)(Put)14,70036,000+21,3004,612,86010,326,960+5,714,100
NETFLIX INC.(NFLX)(Put)056,300+56,30005,413,245+5,413,245
META PLATFORMS INC(META)09,304+9,30405,323,0980.07%+5,323,098
SIXTH STREET SPECIALTY LENDI(TSLX)(Call)0284,000+284,00005,219,920+5,219,920
BERKSHIRE HATHAWAY INC DEL010,879+10,87905,213,2170.07%+5,213,217
TEXAS INSTRS INC(TXN)(Put)026,100+26,10005,067,054+5,067,054
CENTERPOINT ENERGY INC(CNP)00012,592,97517,659,1720.22%+5,066,197
ALIBABA GROUP HLDG LTD(BABA)040,188+40,18805,041,9860.06%+5,041,986
NEXTERA ENERGY INC(NEE)0100,000+100,00005,035,1740.06%+5,035,174
QUALCOMM INC(QCOM)039,094+39,09405,034,5250.06%+5,034,525
COLOMBIER ACQUISITION CORP I
ORD SHS CL A
0500,008+500,00805,030,0800.06%+5,030,080
EQUIPMENTSHARE COM INC(EQPT)0245,000+245,00004,990,6500.06%+4,990,650
ALUSSA ENERGY ACQUISIT CORP
ORD SHS CL A
0500,001+500,00104,990,0100.06%+4,990,010
ONEIM ACQUISITION CORP0500,004+500,00404,980,0400.06%+4,980,040
AMERICAN DRIVE ACQUISITION C
USD CL A ORD SHS
0500,001+500,00104,950,0100.06%+4,950,010
ARES CAPITAL CORP(ARCC)(Call)0266,400+266,40004,800,528+4,800,528
VERIZON COMMUNICATIONS INC(VZ)(Put)095,600+95,60004,799,120+4,799,120
TETRA TECH INC NEW(TTEK)76,400239,028+162,6282,562,4567,199,5230.09%+4,637,067
ORACLE CORP(ORCL)0100,000+100,00004,583,7550.06%+4,583,755
DANAHER CORP DEL(DHR)024,170+24,17004,582,6320.06%+4,582,632
COSTCO WHOLESALE CORPORATION(COST)04,530+4,53004,513,8280.06%+4,513,828
INFINITE EAGLE ACQUISITION C
CL A
0450,000+450,00004,500,0000.06%+4,500,000
JOBY AVIATION INC(JOBY)0500,000+500,00004,130,0000.05%+4,130,000
PPL CORP(PPL)080,000+80,00004,079,9860.05%+4,079,986
PARKER-HANNIFIN CORP(PH)(Put)04,500+4,50004,028,580+4,028,580
KARBON CAP PARTNERS CORP
ORD SHS CL A
0400,004+400,00404,024,0400.05%+4,024,040
BLACKSTONE MORTGAGE TRUST IN(BXMT)(Put)0200,000+200,00003,830,000+3,830,000
BROADCOM INC(AVGO)(Put)012,100+12,10003,745,071+3,745,071
NEXTERA ENERGY INC(NEE)150,000200,000+50,0007,708,34511,295,8250.14%+3,587,480
SIMON PPTY GROUP INC NEW(SPG)(Put)019,100+19,10003,562,723+3,562,723
SILVERBOX CORP V0350,001+350,00103,472,0100.04%+3,472,010
STARWOOD PPTY TR INC(STWD)(Put)0200,000+200,00003,444,000+3,444,000
PDD HOLDINGS INC(PDD)(Put)033,500+33,50003,423,030+3,423,030
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