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Carlson Capital, L.P.

Q4 2025 · Filed 2026-02-03
Market Value
$206M
+18.3%
Holdings
86
-1
New Purchases
33
Added To
17
Closed
26
Reduced
8
Top 10 Concentration
81.1%
Turnover
68.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SEE 1.09% 0.00% +1.09% $2M
EXAS 0.99% 0.00% +0.99% $2M
RNAM 0.98% 0.00% +0.98% $2M
NSC 0.80% 0.00% +0.80% $2M
CDTX 0.75% 0.00% +0.75% $2M
ALEX 0.73% 0.00% +0.73% $1M
HOLX 0.69% 0.00% +0.69% $1M
WBD 0.56% 0.00% +0.56% $1M
HBAN 0.95% 0.40% +0.55% $2M
GTLS 0.50% 0.00% +0.50% $1M
IMXI 0.49% 0.00% +0.49% $998K
OVV 0.41% 0.00% +0.41% $839K
MTDR 0.40% 0.00% +0.40% $828K
CLX 0.40% 0.00% +0.40% $817K
GDEN 0.40% 0.00% +0.40% $816K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
K 0.00% 2.26% -2.26% $0
VRNA 0.00% 2.03% -2.03% $0
COOP 0.00% 1.82% -1.82% $0
CCRN 0.00% 0.89% -0.89% $0
MRUS 0.00% 0.87% -0.87% $0
PGRE 0.00% 0.87% -0.87% $0
MS 0.00% 0.59% -0.59% $0
CNI 0.00% 0.48% -0.48% $0
PM 0.00% 0.45% -0.45% $0
OMC 0.00% 0.45% -0.45% $0
MTB 0.00% 0.42% -0.42% $0
USB 0.00% 0.42% -0.42% $0
KRE 0.00% 0.40% -0.40% $0
TGT 0.00% 0.39% -0.39% $0
MSFT 0.00% 0.39% -0.39% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 9 $7M 3.2%
Large Cap 36 $25M 12.1%
Mid Cap 27 $22M 10.9%
Small Cap 11 $5M 2.6%
Micro Cap 3 $146M 71.2%

Portfolio Analytics

Avg Market Cap
$94.7B
Median Market Cap
$11.4B
Avg P/E
26.5
Median P/E
17.8
Avg Dividend Yield
0.03%
Avg Beta
0.89
# Stocks
84
# ETFs / Funds
2

Top Holdings (86 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SWKH 71.04% 8,493,088 $146M $17.20 $23M
2 CYBR 1.43% 6,600 $3M $446.06 $770K +2,100 +46.7%
3 SNV 1.32% 54,300 $3M $50.05 $833K +15,900 +41.4%
4 FYBR 1.26% 68,000 $3M $38.07 $310K +7,000 +11.5%
5 EA 1.19% 12,000 $2M $204.33 $738K +3,500 +41.2%
6 SEE 1.09% 54,000 $2M $41.43 +54,000 NEW
7 EXAS 0.99% 20,000 $2M $101.56 +20,000 NEW
8 RNAM 0.98% 28,000 $2M $72.13 +28,000 NEW
9 HBAN 0.95% 112,300 $2M $17.35 $1M +71,900 +178.0%
10 CFR 0.81% 13,100 $2M $126.63 $277K +2,200 +20.2%
11 NSC 0.80% 5,700 $2M $288.72 +5,700 NEW
12 JPM 0.80% 5,100 $2M $322.22 $350K +1,000 +24.4%
13 CDTX 0.75% 7,000 $2M $220.89 +7,000 NEW
14 ALEX 0.73% 72,496 $1M $20.64 +72,496 NEW
15 CVX 0.70% 9,500 $1M $152.41 $749K +5,000 +111.1%
16 HOLX 0.69% 19,000 $1M $74.49 +19,000 NEW
17 TXN 0.59% 7,000 $1M $173.49 $333K +2,200 +45.8%
18 WBD 0.56% 40,000 $1M $28.82 +40,000 NEW
19 GTLS 0.50% 5,000 $1M $206.23 +5,000 NEW
20 BHF 0.49% 15,500 $1M $64.79 $208K +500 +3.3%
21 IMXI 0.49% 65,000 $998K $15.36 +65,000 NEW
22 ACI 0.42% 50,000 $858K $17.17 $36K +3,000 +6.4%
23 ONB 0.41% 38,000 $848K $22.31 $22K +400 +1.1%
24 OVV 0.41% 21,400 $839K $39.19 +21,400 NEW
25 MTDR 0.40% 19,500 $828K $42.44 +19,500 NEW
26 CLX 0.40% 8,100 $817K $100.83 +8,100 NEW
27 GDEN 0.40% 30,000 $816K $27.19 +30,000 NEW
28 BAC 0.40% 14,800 $814K $55.00 -$73K -2,400 -13.9%
29 EOG 0.39% 7,700 $809K $105.01 +7,700 NEW
30 LW 0.39% 19,200 $804K $41.89 +19,200 NEW
31 PNC 0.39% 3,800 $793K $208.73 +3,800 NEW
32 HD 0.38% 2,300 $791K $344.10 +2,300 NEW
33 RL 0.38% 2,200 $778K $353.61 +2,200 NEW
34 STT 0.38% 6,000 $774K $129.01 -$108K -1,600 -21.1%
35 OII 0.37% 32,000 $769K $24.03 $127K +6,100 +23.6%
36 FND 0.36% 12,200 $743K $60.89 +12,200 NEW
37 SUNC 0.36% 15,000 $739K $49.28 +15,000 NEW
38 FHN 0.34% 29,100 $695K $23.90 +29,100 NEW
39 XLE 0.34% 15,500 $693K $44.71 $175K +9,700 +167.2%
40 FRGE 0.34% 15,500 $691K $44.56 +15,500 NEW
41 COST 0.34% 800 $690K $862.34 +800 NEW
42 AZO 0.33% 200 $678K $3,391.50 +200 NEW
43 KNF 0.33% 9,600 $675K $70.35 -$170K -1,400 -12.7%
44 MDLZ 0.32% 12,400 $667K $53.83 -$32K +1,200 +10.7%
45 FANG 0.32% 4,400 $661K $150.33 -$68K -700 -13.7%
46 NVRI 0.31% 35,000 $627K $17.92 +35,000 NEW
47 IGT 0.29% 38,700 $599K $15.48 +38,700 NEW
48 AMTM 0.27% 19,000 $551K $29.00 -$24K -5,000 -20.8%
49 UPS 0.26% 5,300 $526K $99.19 -$209K -3,500 -39.8%
50 SFNC 0.25% 27,000 $509K $18.85 +27,000 NEW
51 USM 0.25% 9,400 $504K $53.62 +9,400 NEW
52 NGD 0.21% 50,000 $436K $8.71 +50,000 NEW
53 PSX 0.21% 3,300 $426K $129.04 -$526K -3,700 -52.9%
54 LOCO 0.20% 40,000 $418K $10.46 -$474K -52,000 -56.5%
55 TDS 0.18% 9,000 $369K $41.00 +9,000 NEW
56 CYTK 0.17% 5,600 $356K $63.54 $98K +900 +19.1%
57 ANNA 0.13% 92,000 $265K $2.88 -$97K +6,000 +7.0%
58 LEG 0.11% 20,000 $220K $11.00 +20,000 NEW
59 AON 0.10% 600 $212K $352.88 -$2K
60 TRUE 0.04% 32,007 $72K $2.26 +32,007 NEW
61 MBC —% -$271K -20,600 -100.0% SOLD
62 MMC —% -$202K -1,000 -100.0% SOLD
63 AR —% -$534K -15,900 -100.0% SOLD
64 KRE —% -$690K -10,900 -100.0% SOLD
65 EXE —% -$510K -4,800 -100.0% SOLD
66 CNI —% -$839K -8,900 -100.0% SOLD
67 PM —% -$779K -4,800 -100.0% SOLD
68 PGRE —% -$2M -230,000 -100.0% SOLD
69 K —% -$4M -48,000 -100.0% SOLD
70 SLDP —% -$35K -10,000 -100.0% SOLD
71 MTB —% -$731K -3,700 -100.0% SOLD
72 MS —% -$1M -6,500 -100.0% SOLD
73 MSFT —% -$673K -1,300 -100.0% SOLD
74 CCRN —% -$2M -109,389 -100.0% SOLD
75 WTW —% -$207K -600 -100.0% SOLD
76 AJG —% -$217K -700 -100.0% SOLD
77 CAG —% -$482K -26,300 -100.0% SOLD
78 CCL —% -$405K -14,000 -100.0% SOLD
79 MRUS —% -$2M -16,000 -100.0% SOLD
80 OMC —% -$778K -9,540 -100.0% SOLD
81 USB —% -$725K -15,000 -100.0% SOLD
82 MIDD —% -$346K -2,600 -100.0% SOLD
83 COOP —% -$3M -15,000 -100.0% SOLD
84 BILL —% -$297K -5,600 -100.0% SOLD
85 TGT —% -$682K -7,600 -100.0% SOLD
86 VRNA —% -$4M -33,000 -100.0% SOLD

Options Breakdown

3 Calls $2M Call Value 8 Puts $73M Put Value 34.4 P/C Ratio

Top Calls

SymbolSharesValueStatus
IBIT 30,000 $1M NEW
CYTK 10,000 $635K NEW
TLT $0 SOLD

Top Puts

SymbolSharesValueStatus
HYG 760,000 $61M
AFRM 60,000 $4M
CVNA 7,000 $3M NEW
SOFI 90,000 $2M
QS 110,000 $1M
TSLA 2,000 $899K
TLT $0 SOLD
SLDP $0 SOLD

New Positions

SymbolValue% Port
SEE $2M 1.09%
EXAS $2M 0.99%
RNAM $2M 0.98%
NSC $2M 0.80%
CDTX $2M 0.75%
ALEX $1M 0.73%
HOLX $1M 0.69%
WBD $1M 0.56%
GTLS $1M 0.50%
IMXI $998K 0.49%
OVV $839K 0.41%
MTDR $828K 0.40%
CLX $817K 0.40%
GDEN $816K 0.40%
EOG $809K 0.39%

Sold Out Positions

SymbolValue% Port
AR —%
MS —%
AJG —%
MTB —%
PM —%
CCL —%
CNI —%
CAG —%
OMC —%
BILL —%
USB —%
TGT —%
CCRN —%
MIDD —%
EXE —%
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