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Asset Manager ← All Institutions

KINGDON CAPITAL MANAGEMENT, L.L.C.

Q1 2026 · Filed 2026-05-15
Market Value
$567M
-7.7%
Holdings
70
-7
New Purchases
17
Added To
14
Closed
23
Reduced
10
Top 10 Concentration
43.9%
Turnover
57.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SNDX 10.30% 8.04% +2.26% $58M
ICLN 2.26% 0.00% +2.26% $13M
GTX 2.24% 0.00% +2.24% $13M
AER 2.18% 0.00% +2.18% $12M
DAR 2.07% 0.00% +2.07% $12M
BKD 2.05% 0.00% +2.05% $12M
VSEC 1.95% 0.00% +1.95% $11M
CR 1.81% 0.00% +1.81% $10M
NVDA 6.15% 4.40% +1.75% $35M
ACHC 1.63% 0.00% +1.63% $9M
CGNX 1.60% 0.00% +1.60% $9M
AIR 1.93% 0.54% +1.39% $11M
NXE 5.12% 3.75% +1.37% $29M
GCO 1.25% 0.00% +1.25% $7M
GXO 1.14% 0.00% +1.14% $6M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CRH.L 0.00% 3.05% -3.05% $0
AMD 0.00% 2.44% -2.44% $0
GOOGL 0.00% 1.91% -1.91% $0
TAP 0.00% 1.83% -1.83% $0
WMT 0.00% 1.81% -1.81% $0
CARR 0.00% 1.72% -1.72% $0
LOAR 0.00% 1.66% -1.66% $0
OLMA 2.25% 3.88% -1.63% $13M
ULS 0.00% 1.61% -1.61% $0
NXPI 0.00% 1.59% -1.59% $0
BAC 0.00% 1.48% -1.48% $0
HCI 0.00% 1.40% -1.40% $0
ILMN 0.00% 1.34% -1.34% $0
RDNT 0.00% 1.28% -1.28% $0
ALC 0.00% 1.14% -1.14% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 7 $61M 10.8%
Large Cap 26 $167M 29.5%
Mid Cap 26 $237M 41.8%
Small Cap 7 $93M 16.3%
Micro Cap 4 $9M 1.5%

Portfolio Analytics

Avg Market Cap
$224.3B
Median Market Cap
$9.5B
Avg P/E
44.6
Median P/E
32.3
Avg Dividend Yield
0.00%
Avg Beta
1.30
# Stocks
67
# ETFs / Funds
3

Top Holdings (70 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SNDX 10.30% 2,500,000 $58M $23.36 $9M +150,000 +6.4%
2 NVDA 6.15% 200,000 $35M $174.40 $8M +55,000 +37.9%
3 NXE 5.12% 2,500,000 $29M $11.60 $6M
4 KEYS 3.99% 80,000 $23M $282.37 -$4M -50,000 -38.5%
5 WRBY 3.92% 1,053,644 $22M $21.07 -$759K
6 APG 3.22% 450,000 $18M $40.52 $4M +75,000 +20.0%
7 CART 3.11% 470,000 $18M $37.46 $64K +80,000 +20.5%
8 HWM 2.85% 70,000 $16M $230.46 -$269K -10,000 -12.5%
9 TSM 2.68% 45,000 $15M $337.95 $3M +5,000 +12.5%
10 ECG 2.60% 125,000 $15M $118.06 -$2M -75,000 -37.5%
11 AHR 2.50% 300,000 $14M $47.16 $5M +100,000 +50.0%
12 ICLN 2.26% 700,000 $13M $18.29 +700,000 NEW
13 OLMA 2.25% 855,000 $13M $14.91 -$11M -98,600 -10.3%
14 GTX 2.24% 700,000 $13M $18.17 +700,000 NEW
15 AER 2.18% 90,000 $12M $137.18 +90,000 NEW
16 DAR 2.07% 190,000 $12M $61.85 +190,000 NEW
17 ICLR 2.06% 105,300 $12M $110.66 $2M +54,700 +108.1%
18 BKD 2.05% 850,000 $12M $13.68 +850,000 NEW
19 FLEX 2.02% 175,000 $11M $65.46 $6M +80,000 +84.2%
20 BABA 1.99% 90,000 $11M $125.46 -$3M -10,000 -10.0%
21 SRAD 1.99% 674,000 $11M $16.74 -$5M
22 VSEC 1.95% 60,000 $11M $184.40 +60,000 NEW
23 HEI 1.93% 40,000 $11M $274.20 -$2M
24 AIR 1.93% 100,000 $11M $109.46 $8M +60,000 +150.0%
25 TDY 1.87% 17,500 $11M $605.01 -$5M -12,500 -41.7%
26 WAY 1.86% 438,000 $11M $24.11 -$3M +23,451 +5.7%
27 RAL 1.83% 250,000 $10M $41.59 -$803K +30,000 +13.6%
28 CR 1.81% 60,000 $10M $171.00 +60,000 NEW
29 WELL 1.74% 50,000 $10M $197.71 $605K
30 ACHC 1.63% 396,192 $9M $23.39 +396,192 NEW
31 EWY 1.63% 75,000 $9M $123.01 -$2M -40,000 -34.8%
32 CGNX 1.60% 185,000 $9M $48.99 +185,000 NEW
33 ZVRA 1.27% 775,000 $7M $9.32 $2M +189,931 +32.5%
34 WWW 1.26% 436,000 $7M $16.32 -$5M -221,500 -33.7%
35 GCO 1.25% 244,000 $7M $28.99 +244,000 NEW
36 GXO 1.14% 125,000 $6M $51.85 +125,000 NEW
37 AXON 1.09% 14,500 $6M $424.69 -$2M +1,000 +7.4%
38 CRDO 1.08% 65,000 $6M $93.87 +65,000 NEW
39 FPS 1.03% 200,000 $6M $29.27 +200,000 NEW
40 LOW 0.89% 21,250 $5M $236.28 +21,250 NEW
41 ALDX 0.64% 2,152,315 $4M $1.69 -$6M +302,315 +16.3%
42 REAL 0.64% 400,000 $4M $9.08 +400,000 NEW
43 VICR 0.57% 20,000 $3M $161.00 +20,000 NEW
44 ELDN 0.56% 1,039,275 $3M $3.08 $2M
45 TTEK 0.53% 100,000 $3M $30.12 -$2M -50,000 -33.3%
46 ITRI 0.40% 25,000 $2M $89.63 -$2M -25,000 -50.0%
47 SCYX 0.32% 1,982,491 $2M $0.92 +1,982,491 NEW
48 ILMN —% -$8M -62,700 -100.0% SOLD
49 NXPI —% -$10M -45,000 -100.0% SOLD
50 CCB —% -$5M -40,000 -100.0% SOLD
51 LOAR —% -$10M -150,000 -100.0% SOLD
52 CRH.L —% -$19M -150,000 -100.0% SOLD
53 AMD —% -$15M -70,000 -100.0% SOLD
54 USFD —% -$6M -85,000 -100.0% SOLD
55 HIMS —% -$6M -170,000 -100.0% SOLD
56 ALC —% -$7M -88,480 -100.0% SOLD
57 CARR —% -$11M -200,000 -100.0% SOLD
58 BAC —% -$9M -165,000 -100.0% SOLD
59 CW —% -$4M -7,000 -100.0% SOLD
60 WMT —% -$11M -100,000 -100.0% SOLD
61 NVNO —% -$406K -1,265,845 -100.0% SOLD
62 PCT —% -$2M -200,000 -100.0% SOLD
63 ULS —% -$10M -125,000 -100.0% SOLD
64 OKTA —% -$5M -55,000 -100.0% SOLD
65 RDNT —% -$8M -110,000 -100.0% SOLD
66 GOOGL —% -$12M -37,500 -100.0% SOLD
67 WDC —% -$5M -30,000 -100.0% SOLD
68 HCI —% -$9M -45,000 -100.0% SOLD
69 TAP —% -$11M -240,200 -100.0% SOLD
70 TAN —% -$5M -100,000 -100.0% SOLD

Options Breakdown

12 Calls $44M Call Value 12 Puts $270M Put Value 6.11 P/C Ratio

Top Calls

SymbolSharesValueStatus
HOOD 150,000 $10M NEW
GE 30,000 $9M NEW
NU 500,000 $7M NEW
VICR 40,000 $6M NEW
ETOR 150,000 $5M NEW
NOW 35,000 $4M NEW
COMP 400,000 $3M NEW
ALIT 900,000 $524K NEW
UPST $0 SOLD
TAN $0 SOLD

Top Puts

SymbolSharesValueStatus
SPY 285,000 $185M NEW
IWM 100,000 $25M NEW
MTUM 65,000 $16M NEW
EWY 120,000 $15M
SMH 35,000 $13M
XLF 200,000 $10M NEW
TVTX 200,000 $6M NEW
AMD $0 SOLD
INFY $0 SOLD
SLV $0 SOLD

New Positions

SymbolValue% Port
ICLN $13M 2.26%
GTX $13M 2.24%
AER $12M 2.18%
DAR $12M 2.07%
BKD $12M 2.05%
VSEC $11M 1.95%
CR $10M 1.81%
ACHC $9M 1.63%
CGNX $9M 1.60%
GCO $7M 1.25%
GXO $6M 1.14%
CRDO $6M 1.08%
FPS $6M 1.03%
LOW $5M 0.89%
REAL $4M 0.64%

Sold Out Positions

SymbolValue% Port
CARR —%
HCI —%
HIMS —%
LOAR —%
ALC —%
BAC —%
CW —%
TAP —%
ULS —%
USFD —%
CCB —%
AMD —%
ILMN —%
PCT —%
TAN —%
View SEC EDGAR Filings for KINGDON CAPITAL MANAGEMENT, L.L.C. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms