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Asset Manager ← All Institutions

Carlson Capital, L.P.

Q3 2025 · Filed 2025-11-05
Market Value
$174M
-1.2%
Holdings
87
+14
New Purchases
30
Added To
13
Closed
34
Reduced
6
Top 10 Concentration
83.6%
Turnover
73.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VRNA 2.03% 0.00% +2.03% $4M
CYBR 1.25% 0.00% +1.25% $2M
EA 0.99% 0.00% +0.99% $2M
MRUS 0.87% 0.00% +0.87% $2M
PGRE 0.87% 0.00% +0.87% $2M
FYBR 1.31% 0.50% +0.81% $2M
CFR 0.79% 0.00% +0.79% $1M
JPM 0.74% 0.00% +0.74% $1M
BAC 0.51% 0.00% +0.51% $887K
BHF 0.46% 0.00% +0.46% $796K
PM 0.45% 0.00% +0.45% $779K
COOP 1.82% 1.37% +0.44% $3M
UPS 0.42% 0.00% +0.42% $735K
MTB 0.42% 0.00% +0.42% $731K
USB 0.42% 0.00% +0.42% $725K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
HES 0.00% 1.73% -1.73% $0
RDFN 0.00% 1.34% -1.34% $0
NVDA 0.00% 1.22% -1.22% $0
AZEK 0.00% 1.14% -1.14% $0
GOOG 0.00% 0.87% -0.87% $0
FITB 0.00% 0.84% -0.84% $0
SSB 0.00% 0.83% -0.83% $0
TFC 0.00% 0.52% -0.52% $0
PEP 0.00% 0.50% -0.50% $0
ANSS 0.00% 0.50% -0.50% $0
IWM 0.00% 0.49% -0.49% $0
PNC 0.00% 0.47% -0.47% $0
TLT 0.00% 0.46% -0.46% $0
LOW 0.00% 0.45% -0.45% $0
MTDR 0.00% 0.44% -0.44% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 11 $6M 3.6%
Large Cap 40 $26M 14.8%
Mid Cap 26 $14M 7.8%
Small Cap 8 $4M 2.4%
Micro Cap 2 $124M 71.3%

Portfolio Analytics

Avg Market Cap
$215.2B
Median Market Cap
$21.4B
Avg P/E
29.6
Median P/E
17.9
Avg Dividend Yield
0.02%
Avg Beta
0.88
# Stocks
83
# ETFs / Funds
4

Top Holdings (87 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SWKH 71.09% 8,493,088 $124M $14.55 -$2M
2 K 2.26% 48,000 $4M $82.02 $120K
3 VRNA 2.03% 33,000 $4M $106.71 +33,000 NEW
4 COOP 1.82% 15,000 $3M $210.79 $745K -1,200 -7.4%
5 FYBR 1.31% 61,000 $2M $37.35 $1M +37,000 +154.2%
6 CYBR 1.25% 4,500 $2M $483.15 +4,500 NEW
7 SNV 1.08% 38,400 $2M $49.08 $700K +15,500 +67.7%
8 EA 0.99% 8,500 $2M $201.70 +8,500 NEW
9 CCRN 0.89% 109,389 $2M $14.20 $248K +9,389 +9.4%
10 MRUS 0.87% 16,000 $2M $94.15 +16,000 NEW
11 PGRE 0.87% 230,000 $2M $6.54 +230,000 NEW
12 CFR 0.79% 10,900 $1M $126.77 +10,900 NEW
13 JPM 0.74% 4,100 $1M $315.43 +4,100 NEW
14 MS 0.59% 6,500 $1M $158.96 $118K
15 PSX 0.55% 7,000 $952K $136.02 $117K
16 LOCO 0.51% 92,000 $892K $9.70 $221K +31,000 +50.8%
17 BAC 0.51% 17,200 $887K $51.59 +17,200 NEW
18 TXN 0.51% 4,800 $882K $183.73 $446K +2,700 +128.6%
19 STT 0.51% 7,600 $882K $116.01 $414K +3,200 +72.7%
20 KNF 0.49% 11,000 $846K $76.87 $601K +8,000 +266.7%
21 CNI 0.48% 8,900 $839K $94.30 $329K +4,000 +81.6%
22 ONB 0.47% 37,600 $825K $21.95 $232K +9,800 +35.2%
23 ACI 0.47% 47,000 $823K $17.51 $23K +9,800 +26.3%
24 BHF 0.46% 15,000 $796K $53.08 +15,000 NEW
25 PM 0.45% 4,800 $779K $162.20 +4,800 NEW
26 OMC 0.45% 9,540 $778K $81.53 $283K +2,660 +38.7%
27 UPS 0.42% 8,800 $735K $83.53 +8,800 NEW
28 MTB 0.42% 3,700 $731K $197.62 +3,700 NEW
29 FANG 0.42% 5,100 $730K $143.10 -$232K -1,900 -27.1%
30 USB 0.42% 15,000 $725K $48.33 +15,000 NEW
31 MDLZ 0.40% 11,200 $700K $62.47 +11,200 NEW
32 CVX 0.40% 4,500 $699K $155.29 +4,500 NEW
33 HBAN 0.40% 40,400 $698K $17.27 +40,400 NEW
34 KRE 0.40% 10,900 $690K $63.30 $161K +2,000 +22.5%
35 TGT 0.39% 7,600 $682K $89.70 +7,600 NEW
36 MSFT 0.39% 1,300 $673K $517.95 -$73K -200 -13.3%
37 OII 0.37% 25,900 $642K $24.78 $68K -1,800 -6.5%
38 AMTM 0.33% 24,000 $575K $23.95 +24,000 NEW
39 AR 0.31% 15,900 $534K $33.56 $115K +5,500 +52.9%
40 XLE 0.30% 5,800 $518K $89.34 +5,800 NEW
41 EXE 0.29% 4,800 $510K $106.24 +4,800 NEW
42 CAG 0.28% 26,300 $482K $18.31 -$59K -100 -0.4%
43 CCL 0.23% 14,000 $405K $28.91 +14,000 NEW
44 ANNA 0.21% 86,000 $362K $4.21 +86,000 NEW
45 MIDD 0.20% 2,600 $346K $132.93 +2,600 NEW
46 BILL 0.17% 5,600 $297K $52.97 +5,600 NEW
47 MBC 0.16% 20,600 $271K $13.17 +20,600 NEW
48 CYTK 0.15% 4,700 $258K $54.96 -$419K -15,800 -77.1%
49 AJG 0.12% 700 $217K $309.74 +700 NEW
50 AON 0.12% 600 $214K $356.58 +600 NEW
51 WTW 0.12% 600 $207K $345.45 +600 NEW
52 MMC 0.12% 1,000 $202K $201.53 +1,000 NEW
53 SLDP 0.02% 10,000 $35K $3.47 +10,000 NEW
54 WMT —% -$733K -7,500 -100.0% SOLD
55 HES —% -$3M -22,000 -100.0% SOLD
56 FI —% -$621K -3,600 -100.0% SOLD
57 ALMS —% -$90K -30,000 -100.0% SOLD
58 SSB —% -$1M -15,900 -100.0% SOLD
59 SFNC —% -$624K -32,900 -100.0% SOLD
60 SNPS —% -$246K -480 -100.0% SOLD
61 FITB —% -$1M -36,000 -100.0% SOLD
62 LOW —% -$799K -3,600 -100.0% SOLD
63 ORLY —% -$577K -6,400 -100.0% SOLD
64 DECK —% -$608K -5,900 -100.0% SOLD
65 GPN —% -$648K -8,100 -100.0% SOLD
66 LWAY —% -$246K -10,000 -100.0% SOLD
67 ROST —% -$600K -4,700 -100.0% SOLD
68 IGT —% -$711K -45,000 -100.0% SOLD
69 TLT —% -$812K -9,200 -100.0% SOLD
70 MTDR —% -$783K -16,400 -100.0% SOLD
71 FND —% -$509K -6,700 -100.0% SOLD
72 CLX —% -$444K -3,700 -100.0% SOLD
73 ZION —% -$561K -10,800 -100.0% SOLD
74 BJ —% -$593K -5,500 -100.0% SOLD
75 RDFN —% -$2M -210,000 -100.0% SOLD
76 BOKF —% -$771K -7,900 -100.0% SOLD
77 PEP —% -$885K -6,700 -100.0% SOLD
78 IWM —% -$863K -4,000 -100.0% SOLD
79 TFC —% -$911K -21,200 -100.0% SOLD
80 DNB —% -$682K -75,000 -100.0% SOLD
81 SKX —% -$379K -6,000 -100.0% SOLD
82 CVAC —% -$299K -55,000 -100.0% SOLD
83 AZEK —% -$2M -37,000 -100.0% SOLD
84 ANSS —% -$878K -2,500 -100.0% SOLD
85 GOOG —% -$2M -8,600 -100.0% SOLD
86 NVDA —% -$2M -13,600 -100.0% SOLD
87 PNC —% -$820K -4,400 -100.0% SOLD

Options Breakdown

1 Calls $4M Call Value 9 Puts $91M Put Value 25.42 P/C Ratio

Top Calls

SymbolSharesValueStatus
TLT 40,000 $4M NEW

Top Puts

SymbolSharesValueStatus
HYG 900,000 $73M
TLT 70,000 $6M NEW
TSLA 14,000 $6M
AFRM 30,000 $2M
SOFI 65,000 $2M
QS 100,000 $1M
SLDP 50,000 $174K
ENVX $0 SOLD
NVDA $0 SOLD

New Positions

SymbolValue% Port
VRNA $4M 2.03%
CYBR $2M 1.25%
EA $2M 0.99%
MRUS $2M 0.87%
PGRE $2M 0.87%
CFR $1M 0.79%
JPM $1M 0.74%
BAC $887K 0.51%
BHF $796K 0.46%
PM $779K 0.45%
UPS $735K 0.42%
MTB $731K 0.42%
USB $725K 0.42%
MDLZ $700K 0.40%
CVX $699K 0.40%

Sold Out Positions

SymbolValue% Port
DECK —%
MTDR —%
BJ —%
LOW —%
CLX —%
TFC —%
FND —%
GPN —%
SSB —%
PNC —%
ALMS —%
LWAY —%
BOKF —%
FITB —%
ORLY —%
View SEC EDGAR Filings for Carlson Capital, L.P. →

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