— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

QVT Financial LP

Q4 2025 · Filed 2026-02-13
Market Value
$992M
+19.0%
Holdings
56
+12
New Purchases
16
Added To
11
Closed
9
Reduced
6
Top 10 Concentration
85.7%
Turnover
44.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ROIV 57.70% 53.33% +4.38% $573M
NXST 3.18% 0.00% +3.18% $32M
QQQ 2.65% 0.00% +2.65% $26M
NVDA 2.57% 0.39% +2.18% $25M
AAPL 2.09% 0.00% +2.09% $21M
CVNA 1.28% 0.00% +1.28% $13M
KMX 0.90% 0.19% +0.71% $9M
BXSL 0.62% 0.00% +0.62% $6M
AVGO 0.61% 0.00% +0.61% $6M
CMTL 0.71% 0.29% +0.42% $7M
CCCX 2.32% 2.15% +0.16% $23M
MSFT 0.11% 0.00% +0.11% $1M
AMD 0.10% 0.00% +0.10% $1M
DASH 0.22% 0.12% +0.10% $2M
MGNI 0.10% 0.00% +0.10% $995K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TRML 0.00% 12.36% -12.36% $0
IONQ 0.00% 1.76% -1.76% $0
GS 4.59% 5.50% -0.91% $46M
ALLT 5.01% 5.72% -0.70% $50M
BRK-B 2.43% 2.89% -0.46% $24M
LILAK 1.32% 1.77% -0.46% $13M
NNI 3.08% 3.45% -0.38% $31M
ARGX 0.44% 0.77% -0.33% $4M
SMMT 0.64% 0.89% -0.26% $6M
APP 0.07% 0.28% -0.21% $660K
ATEX 1.11% 1.30% -0.19% $11M
META 0.00% 0.17% -0.17% $0
JAAA 0.76% 0.91% -0.15% $8M
WBD 0.00% 0.14% -0.14% $0
GSBD 0.00% 0.12% -0.12% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 12 $152M 15.3%
Large Cap 27 $639M 64.4%
Mid Cap 6 $83M 8.4%
Small Cap 9 $101M 10.2%
Micro Cap 2 $18M 1.8%

Portfolio Analytics

Avg Market Cap
$467.2B
Median Market Cap
$29.6B
Avg P/E
47.0
Median P/E
32.8
Avg Dividend Yield
0.01%
Avg Beta
1.34
# Stocks
54
# ETFs / Funds
2

Top Holdings (56 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 ROIV 57.70% 26,387,021 $573M $21.70 $128M -2,994,614 -10.2%
2 ALLT 5.01% 5,062,523 $50M $9.83 $2M +556,730 +12.4%
3 GS 4.59% 51,773 $46M $879.00 -$302K -5,753 -10.0%
4 NXST 3.18% 155,281 $32M $203.05 +155,281 NEW
5 NNI 3.08% 229,665 $31M $132.96 $2M
6 QQQ 2.65% 42,810 $26M $614.31 +42,810 NEW
7 NVDA 2.57% 136,645 $25M $186.50 $22M +119,405 +692.6%
8 BRK-B 2.43% 47,946 $24M $502.65 -$4K
9 CCCX 2.32% 1,472,968 $23M $15.60 $5M +77,383 +5.5%
10 NYT 2.22% 316,947 $22M $69.42 $4M
11 AAPL 2.09% 76,337 $21M $271.86 +76,337 NEW
12 LILAK 1.32% 1,749,467 $13M $7.46 -$2M
13 CVNA 1.28% 30,000 $13M $422.02 +30,000 NEW
14 ATEX 1.11% 503,941 $11M $21.83 $181K
15 WHWK 1.07% 4,615,709 $11M $2.30 $2M
16 KMX 0.90% 230,000 $9M $38.64 $7M +195,000 +557.1%
17 JAAA 0.76% 148,582 $8M $50.58 -$30K
18 CMTL 0.71% 1,392,352 $7M $5.03 $5M +407,998 +41.5%
19 SMMT 0.64% 360,524 $6M $17.49 -$1M
20 BXSL 0.62% 232,218 $6M $26.33 +232,218 NEW
21 AVGO 0.61% 17,583 $6M $346.10 +17,583 NEW
22 NE 0.59% 208,634 $6M $28.24 -$8K
23 ARGX 0.44% 5,218 $4M $840.95 -$2M -3,462 -39.9%
24 SNPS 0.28% 5,879 $3M $469.72 $87K +459 +8.5%
25 DASH 0.22% 9,786 $2M $226.48 $1M +6,042 +161.4%
26 IOVA 0.19% 678,564 $2M $2.73 $380K
27 GTN 0.14% 291,452 $1M $4.84 -$274K
28 MDB 0.14% 3,205 $1M $419.69 $350K
29 GOOGL 0.12% 3,903 $1M $313.00 -$52K -1,336 -25.5%
30 MSFT 0.11% 2,189 $1M $483.62 +2,189 NEW
31 AMD 0.10% 4,822 $1M $214.16 +4,822 NEW
32 MGNI 0.10% 61,293 $995K $16.23 +61,293 NEW
33 CYBR 0.09% 1,977 $882K $446.06 -$73K
34 ABNB 0.07% 5,159 $700K $135.72 +5,159 NEW
35 PDD 0.07% 6,042 $685K $113.39 $60K +1,314 +27.8%
36 SHOP 0.07% 4,165 $670K $160.97 +4,165 NEW
37 APP 0.07% 979 $660K $673.82 -$2M -2,274 -69.9%
38 DDOG 0.06% 4,570 $621K $135.99 $135K +1,152 +33.7%
39 MTSI 0.06% 3,534 $605K $171.28 $48K -943 -21.1%
40 NFLX 0.06% 5,920 $555K $93.76 $54K +5,502 +1316.3%
41 COHR 0.04% 2,161 $399K $184.57 +2,161 NEW
42 SE 0.04% 2,811 $360K $128.02 +2,811 NEW
43 NTNX 0.03% 5,730 $296K $51.69 +5,730 NEW
44 PANW 0.03% 1,542 $284K $184.20 +1,542 NEW
45 NOW 0.03% 1,655 $254K $153.19 -$550K +782 +89.6%
46 TCOM 0.02% 2,867 $206K $71.91 -$9K
47 U 0.02% 4,630 $205K $44.17 +4,630 NEW
48 IONQ —% -$15M -239,228 -100.0% SOLD
49 CFLT —% -$342K -17,248 -100.0% SOLD
50 WBD —% -$1M -58,555 -100.0% SOLD
51 MNDY —% -$271K -1,401 -100.0% SOLD
52 SNOW —% -$270K -1,195 -100.0% SOLD
53 TRML —% -$103M -2,154,653 -100.0% SOLD
54 ORCL —% -$302K -1,075 -100.0% SOLD
55 GSBD —% -$1M -100,000 -100.0% SOLD
56 META —% -$1M -1,976 -100.0% SOLD

Options Breakdown

1 Calls $0 Call Value 8 Puts $113M Put Value

Top Calls

SymbolSharesValueStatus
ORCL $0 SOLD

Top Puts

SymbolSharesValueStatus
CVNA 180,000 $76M
IONQ 405,000 $18M
QBTS 641,500 $17M
RGTI 100,000 $2M NEW
NXST $0 SOLD
GS $0 SOLD
QQQ $0 SOLD
HYG $0 SOLD

New Positions

SymbolValue% Port
NXST $32M 3.18%
QQQ $26M 2.65%
AAPL $21M 2.09%
CVNA $13M 1.28%
BXSL $6M 0.62%
AVGO $6M 0.61%
MSFT $1M 0.11%
AMD $1M 0.10%
MGNI $995K 0.10%
ABNB $700K 0.07%
SHOP $670K 0.07%
COHR $399K 0.04%
SE $360K 0.04%
NTNX $296K 0.03%
PANW $284K 0.03%

Sold Out Positions

SymbolValue% Port
GSBD —%
SNOW —%
IONQ —%
MNDY —%
META —%
WBD —%
ORCL —%
TRML —%
CFLT —%
View SEC EDGAR Filings for QVT Financial LP →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

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