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Asset Manager ← All Institutions

Laurion Capital Management LP

Q4 2025 · Filed 2026-02-17
Market Value
$1.4B
+108.6%
Holdings
260
-31
New Purchases
160
Added To
20
Closed
44
Reduced
21
Top 10 Concentration
63.3%
Turnover
78.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOGL 10.18% 0.00% +10.18% $143M
GOOG 7.02% 0.12% +6.90% $99M
AAPL 6.69% 0.00% +6.69% $94M
WBD 4.98% 0.40% +4.59% $70M
EXAS 3.61% 0.00% +3.61% $51M
NVDA 3.59% 0.00% +3.59% $50M
TSLA 3.37% 0.00% +3.37% $47M
MSFT 3.51% 0.39% +3.12% $49M
DELL 1.54% 0.00% +1.54% $22M
SOFI 1.51% 0.20% +1.32% $21M
EA 6.46% 5.29% +1.17% $91M
AVGO 0.95% 0.00% +0.95% $13M
CLF 0.90% 0.00% +0.90% $13M
COIN 0.62% 0.00% +0.62% $9M
SHOP 0.42% 0.00% +0.42% $6M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NSC 7.23% 13.47% -6.24% $102M
BBIO 7.64% 13.54% -5.90% $107M
MLYS 4.43% 9.70% -5.27% $62M
TXN 0.43% 3.99% -3.56% $6M
MA 0.00% 2.49% -2.49% $0
BLK 0.00% 2.31% -2.31% $0
WFC 0.00% 1.90% -1.90% $0
HON 0.07% 1.81% -1.73% $995K
SPOT 0.08% 1.56% -1.47% $1M
FICO 0.00% 1.44% -1.44% $0
BKNG 0.00% 1.38% -1.38% $0
AMZN 0.00% 1.37% -1.37% $0
IBM 0.00% 1.36% -1.36% $0
BA 1.27% 2.41% -1.14% $18M
AARD 0.95% 2.07% -1.12% $13M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 30 $521M 37.1%
Large Cap 102 $584M 41.6%
Mid Cap 79 $71M 5.1%
Small Cap 37 $180M 12.9%
Micro Cap 12 $47M 3.3%

Portfolio Analytics

Avg Market Cap
$175.8B
Median Market Cap
$10.6B
Avg P/E
36.8
Median P/E
26.1
Avg Dividend Yield
0.01%
Avg Beta
1.23
# Stocks
260
# ETFs / Funds
0

Top Holdings (260 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 GOOGL 10.18% 456,343 $143M $313.00 +456,343 NEW
2 BBIO 7.64% 1,402,150 $107M $76.49 $16M -351,394 -20.0%
3 NSC 7.23% 351,648 $102M $288.72 $11M +49,949 +16.6%
4 GOOG 7.02% 314,000 $99M $313.80 $98M +310,572 +9059.9%
5 AAPL 6.69% 345,433 $94M $271.86 +345,433 NEW
6 EA 6.46% 443,580 $91M $204.33 $55M +267,172 +151.4%
7 NUVB 5.01% 7,852,638 $70M $8.96 $34M -1,852,894 -19.1%
8 WBD 4.98% 2,427,610 $70M $28.82 $67M +2,291,128 +1678.7%
9 MLYS 4.43% 1,713,485 $62M $36.29 -$3M -6,960 -0.4%
10 EXAS 3.61% 499,532 $51M $101.56 +499,532 NEW
11 NVDA 3.59% 270,262 $50M $186.50 +270,262 NEW
12 MSFT 3.51% 102,000 $49M $483.62 $47M +96,885 +1894.1%
13 TSLA 3.37% 105,206 $47M $449.72 +105,206 NEW
14 DELL 1.54% 171,456 $22M $125.88 +171,456 NEW
15 SOFI 1.51% 810,788 $21M $26.18 $20M +760,788 +1521.6%
16 BBOT 1.31% 1,464,938 $18M $12.52 $6M +419,138 +40.1%
17 BA 1.27% 82,141 $18M $217.12 $2M +6,904 +9.2%
18 AVGO 0.95% 38,606 $13M $346.10 +38,606 NEW
19 PEPG 0.95% 2,052,133 $13M $6.51 $5M +159,977 +8.4%
20 AARD 0.95% 1,014,911 $13M $13.13 -$630K -34,810 -3.3%
21 CME 0.95% 48,604 $13M $273.08 $113K -100 -0.2%
22 CLF 0.90% 947,573 $13M $13.28 +947,573 NEW
23 COIN 0.62% 38,713 $9M $226.14 +38,713 NEW
24 CRDF 0.53% 2,646,738 $7M $2.81 $2M +180,866 +7.3%
25 FERG 0.48% 29,995 $7M $222.63 -$58K
26 AUTL 0.47% 3,316,626 $7M $1.99 $1M
27 LNG 0.47% 33,835 $7M $194.39 -$1M +669 +2.0%
28 TXN 0.43% 35,011 $6M $173.49 -$21M -111,098 -76.0%
29 C 0.43% 51,500 $6M $116.69 -$3M -32,857 -39.0%
30 SHOP 0.42% 36,716 $6M $160.97 +36,716 NEW
31 PYXS 0.39% 4,796,479 $6M $1.15 -$3M +1,170,505 +32.3%
32 COHR 0.33% 25,000 $5M $184.57 +25,000 NEW
33 VOR 0.30% 317,243 $4M $13.08 +317,243 NEW
34 PANW 0.29% 22,078 $4M $184.20 +22,078 NEW
35 RKT 0.29% 207,165 $4M $19.36 +207,165 NEW
36 AMD 0.19% 12,704 $3M $214.16 +12,704 NEW
37 MDB 0.19% 6,440 $3M $419.69 +6,440 NEW
38 LGN 0.19% 62,230 $3M $43.04 $676K -2,770 -4.3%
39 LPLA 0.18% 7,000 $3M $357.17 $171K
40 SNDK 0.15% 8,919 $2M $237.38 +8,919 NEW
41 COLB 0.15% 75,210 $2M $27.95 $179K +500 +0.7%
42 FCNCA 0.15% 977 $2M $2,146.18 $349K
43 MRK 0.15% 19,693 $2M $105.26 +19,693 NEW
44 NOW 0.13% 12,300 $2M $153.19 +12,300 NEW
45 ABOS 0.13% 867,046 $2M $2.11 $347K
46 NAVN 0.12% 100,000 $2M $17.08 +100,000 NEW
47 VEEV 0.12% 7,300 $2M $223.23 -$545K
48 CSCO 0.11% 20,904 $2M $77.03 +20,904 NEW
49 AWK 0.11% 12,000 $2M $130.50 -$104K
50 RGLD 0.11% 7,000 $2M $222.29 $364K +1,059 +17.8%
51 LMRI 0.11% 80,000 $1M $18.50 +80,000 NEW
52 EBAY 0.10% 16,700 $1M $87.10 +16,700 NEW
53 FSLR 0.10% 5,152 $1M $261.23 +5,152 NEW
54 ANF 0.09% 9,950 $1M $125.87 +9,950 NEW
55 ONON 0.08% 25,327 $1M $46.48 -$517K -14,673 -36.7%
56 SPOT 0.08% 2,000 $1M $580.71 -$9M -13,004 -86.7%
57 RDDT 0.08% 5,000 $1M $229.87 +5,000 NEW
58 0YY7.L 0.08% 72,755 $1M $15.34 +72,755 NEW
59 BX 0.08% 7,228 $1M $154.14 -$5M -30,999 -81.1%
60 WMT 0.08% 10,000 $1M $111.41 +10,000 NEW
61 TTWO 0.08% 4,218 $1M $256.03 -$354K -1,332 -24.0%
62 MXL 0.08% 60,596 $1M $17.43 $895K +50,596 +506.0%
63 MCHP 0.07% 16,000 $1M $63.72 -$1M -17,501 -52.2%
64 VERA 0.07% 20,000 $1M $50.64 +20,000 NEW
65 VRTX 0.07% 2,200 $997K $453.36 +2,200 NEW
66 HON 0.07% 5,100 $995K $195.09 -$11M -52,595 -91.2%
67 MAR 0.07% 3,200 $993K $310.24 +3,200 NEW
68 QCOM 0.07% 5,800 $992K $171.05 +5,800 NEW
69 ABNB 0.07% 7,300 $991K $135.72 +7,300 NEW
70 TER 0.07% 5,100 $987K $193.56 +5,100 NEW
71 AMGN 0.07% 3,000 $982K $327.31 +3,000 NEW
72 ROP 0.07% 2,200 $979K $445.13 +2,200 NEW
73 ADSK 0.07% 3,300 $977K $296.01 +3,300 NEW
74 NXPI 0.07% 4,500 $977K $217.06 +4,500 NEW
75 VRT 0.07% 6,000 $972K $162.01 +6,000 NEW
76 AXON 0.07% 1,700 $965K $567.93 +1,700 NEW
77 MS 0.07% 5,254 $933K $177.53 -$3M -18,091 -77.5%
78 GFS 0.06% 25,866 $903K $34.92 +25,866 NEW
79 MLKN 0.06% 48,881 $894K $18.28 +48,881 NEW
80 BIIB 0.06% 5,033 $886K $175.99 +5,033 NEW
81 JEF 0.06% 14,180 $879K $61.97 -$5M -68,495 -82.8%
82 UNF 0.06% 4,533 $874K $192.90 +4,533 NEW
83 WERN 0.06% 28,926 $868K $30.01 +28,926 NEW
84 URBN 0.06% 11,394 $858K $75.26 +11,394 NEW
85 CTRI 0.06% 33,700 $851K $25.25 +33,700 NEW
86 CWAN 0.06% 35,066 $846K $24.12 +35,066 NEW
87 TFIN 0.06% 13,404 $839K $62.63 +13,404 NEW
88 EAT 0.06% 5,822 $836K $143.52 +5,822 NEW
89 MGNI 0.06% 50,869 $826K $16.23 +50,869 NEW
90 ON 0.06% 15,195 $823K $54.15 +15,195 NEW
91 CNX 0.06% 22,359 $822K $36.77 +22,359 NEW
92 HRI 0.06% 5,457 $810K $148.38 +5,457 NEW
93 AIN 0.06% 15,964 $809K $50.70 +15,964 NEW
94 CXW 0.06% 42,127 $805K $19.11 +42,127 NEW
95 TTD 0.06% 21,098 $801K $37.96 +21,098 NEW
96 ASO 0.06% 16,026 $801K $49.96 +16,026 NEW
97 LBRT 0.06% 43,279 $799K $18.46 +43,279 NEW
98 ELY 0.06% 68,394 $798K $11.67 +68,394 NEW
99 OI 0.06% 54,046 $798K $14.76 +54,046 NEW
100 RXO 0.06% 62,448 $789K $12.64 +62,448 NEW

Options Breakdown

81 Calls $377M Call Value 69 Puts $843M Put Value 2.24 P/C Ratio

Top Calls

SymbolSharesValueStatus
DELL 650,000 $82M
MCD 130,300 $40M NEW
BMY 700,000 $38M NEW
XOM 268,000 $32M NEW
GOOGL 60,500 $19M
AAPL 55,900 $15M
CAT 26,200 $15M NEW
AMD 61,700 $13M NEW
FOXA 178,900 $13M NEW
TSLA 27,900 $13M

Top Puts

SymbolSharesValueStatus
IWM 1,500,000 $369M
DELL 650,000 $82M NEW
TXN 246,400 $43M
XOM 268,000 $32M NEW
AAPL 83,900 $23M
GOOGL 71,800 $22M
CVNA 47,900 $20M
GS 22,200 $20M
CAT 33,100 $19M NEW
BAC 324,000 $18M

New Positions

SymbolValue% Port
GOOGL $143M 10.18%
AAPL $94M 6.69%
EXAS $51M 3.61%
NVDA $50M 3.59%
TSLA $47M 3.37%
DELL $22M 1.54%
AVGO $13M 0.95%
CLF $13M 0.90%
COIN $9M 0.62%
SHOP $6M 0.42%
COHR $5M 0.33%
VOR $4M 0.30%
PANW $4M 0.29%
RKT $4M 0.29%
AMD $3M 0.19%

Sold Out Positions

SymbolValue% Port
PAC —%
ARES —%
CMG —%
DNOW —%
GS —%
APO —%
BLK —%
SPGI —%
IBM —%
EVR —%
CCL —%
JPM —%
BAC —%
TDG —%
TFC —%
View SEC EDGAR Filings for Laurion Capital Management LP →

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