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Asset Manager ← All Institutions

NEXPOINT ASSET MANAGEMENT, L.P.

Q3 2025 · Filed 2025-11-14
Market Value
$1.0B
-1.1%
Holdings
121
+14
New Purchases
39
Added To
12
Closed
33
Reduced
15
Top 10 Concentration
54.7%
Turnover
59.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VRNA 6.15% 0.00% +6.15% $62M
AL 4.80% 0.00% +4.80% $49M
COOP 3.97% 0.00% +3.97% $40M
AVDX 8.71% 4.86% +3.85% $88M
GTLS 3.77% 0.23% +3.54% $38M
PRA 3.15% 0.00% +3.15% $32M
EA 3.10% 0.00% +3.10% $31M
IAS 2.69% 0.00% +2.69% $27M
VRNT 2.28% 0.00% +2.28% $23M
TRML 2.15% 0.00% +2.15% $22M
SHCO 1.78% 0.00% +1.78% $18M
DAY 1.48% 0.00% +1.48% $15M
VMEO 1.36% 0.00% +1.36% $14M
FYBR 5.02% 3.68% +1.34% $51M
HFRO 1.77% 0.47% +1.30% $18M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SKX 0.00% 7.48% -7.48% $0
SWTX 0.00% 7.26% -7.26% $0
JNPR 0.00% 6.18% -6.18% $0
BPMC 0.00% 5.96% -5.96% $0
WBA 0.00% 4.93% -4.93% $0
HES 0.00% 4.23% -4.23% $0
SCHN 0.00% 3.84% -3.84% $0
K 1.05% 3.42% -2.37% $11M
DNB 0.00% 2.23% -2.23% $0
INFA 0.00% 1.85% -1.85% $0
BASE 0.00% 1.62% -1.62% $0
ETWO 0.00% 1.50% -1.50% $0
ET 1.29% 2.21% -0.92% $13M
AZEK 0.00% 0.80% -0.80% $0
TRGP 0.59% 1.12% -0.53% $6M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 1 $437K 0.0%
Large Cap 34 $213M 21.1%
Mid Cap 37 $342M 33.8%
Small Cap 38 $296M 29.2%
Micro Cap 11 $161M 15.9%

Portfolio Analytics

Avg Market Cap
$19.9B
Median Market Cap
$4.1B
Avg P/E
38.1
Median P/E
24.7
Avg Dividend Yield
0.01%
Avg Beta
1.04
# Stocks
118
# ETFs / Funds
3

Top Holdings (121 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NREF 12.01% 8,587,364 $122M $14.18 $3M
2 AVDX 8.71% 8,869,060 $88M $9.95 $38M +3,784,507 +74.4%
3 VRNA 6.15% 584,601 $62M $106.71 +584,601 NEW
4 FYBR 5.02% 1,363,323 $51M $37.35 $13M +327,460 +31.6%
5 AL 4.80% 764,898 $49M $63.65 +764,898 NEW
6 TXNM 4.05% 725,660 $41M $56.55 -$3M -50,045 -6.5%
7 COOP 3.97% 191,117 $40M $210.79 +191,117 NEW
8 GTLS 3.77% 190,730 $38M $200.15 $36M +176,465 +1237.0%
9 PRA 3.15% 1,328,990 $32M $23.99 +1,328,990 NEW
10 EA 3.10% 155,840 $31M $201.70 +155,840 NEW
11 NXRT 2.97% 934,752 $30M $32.22 -$762K +7,993 +0.9%
12 IAS 2.69% 2,683,061 $27M $10.17 +2,683,061 NEW
13 VRNT 2.28% 1,141,840 $23M $20.25 +1,141,840 NEW
14 TRML 2.15% 455,360 $22M $47.83 +455,360 NEW
15 NXDT 1.79% 4,905,301 $18M $3.69 -$386K +493,181 +11.2%
16 SHCO 1.78% 2,038,350 $18M $8.85 +2,038,350 NEW
17 HFRO 1.77% 2,818,047 $18M $6.35 $13M +1,900,000 +207.0%
18 GHLD 1.64% 832,466 $17M $19.94 $8M +407,646 +96.0%
19 DAY 1.48% 217,839 $15M $68.89 +217,839 NEW
20 VST 1.44% 74,500 $15M $195.92 -$37K -1,000 -1.3%
21 VMEO 1.36% 1,783,001 $14M $7.75 +1,783,001 NEW
22 HBI 1.30% 1,995,792 $13M $6.59 +1,995,792 NEW
23 ET 1.29% 762,040 $13M $17.16 -$10M -488,922 -39.1%
24 TALO 1.25% 1,316,431 $13M $9.59 $516K -111,500 -7.8%
25 MRC 1.19% 839,024 $12M $14.42 +839,024 NEW
26 SCS 1.13% 665,152 $11M $17.20 +665,152 NEW
27 WSR 1.06% 875,255 $11M $12.28 -$175K
28 K 1.05% 130,300 $11M $82.02 -$24M -311,008 -70.5%
29 MLNK 1.05% 532,370 $11M $19.93 +532,370 NEW
30 TSAT 1.04% 396,623 $11M $26.50 -$3M -137,683 -25.8%
31 PRO 1.02% 450,618 $10M $22.91 +450,618 NEW
32 BHR-PB 0.84% 523,457 $9M $16.24 $1M -33,462 -6.0%
33 VSCO 0.71% 265,541 $7M $27.14 $2M
34 GES 0.69% 416,492 $7M $16.71 +416,492 NEW
35 STAA 0.62% 233,537 $6M $26.87 +233,537 NEW
36 REYN 0.59% 245,575 $6M $24.47 $4M +139,975 +132.6%
37 TRGP 0.59% 35,800 $6M $167.54 -$5M -30,000 -45.6%
38 CIO 0.52% 764,085 $5M $6.96 +764,085 NEW
39 PGRE 0.52% 812,559 $5M $6.54 +812,559 NEW
40 PSX 0.49% 36,475 $5M $136.02 $610K
41 ARE 0.46% 56,000 $5M $83.34 $600K
42 CEPU 0.42% 530,000 $4M $8.01 -$2M
43 LW 0.41% 71,417 $4M $58.08 $1M +19,030 +36.3%
44 CSX 0.40% 115,000 $4M $35.51 +115,000 NEW
45 SHC 0.37% 237,342 $4M $15.73 $390K -63,289 -21.1%
46 RC 0.33% 873,021 $3M $3.87 -$437K
47 ALE 0.32% 48,500 $3M $66.40 $723K +9,513 +24.4%
48 YETI 0.31% 95,898 $3M $33.18 -$758K -29,102 -23.3%
49 IP 0.31% 67,200 $3M $46.40 -$255K -4,830 -6.7%
50 GPRE 0.30% 348,000 $3M $8.79 $752K -34,563 -9.0%
51 KBR 0.21% 45,914 $2M $47.29 -$30K
52 ETNB 0.21% 146,100 $2M $14.70 +146,100 NEW
53 SRG 0.18% 417,500 $2M $4.25 $488K
54 ZIMV 0.17% 88,330 $2M $18.94 +88,330 NEW
55 SNPS 0.16% 3,229 $2M $493.39 +3,229 NEW
56 CRESY 0.15% 169,419 $2M $9.20 -$264K
57 BEP 0.15% 57,506 $1M $25.79 +57,506 NEW
58 IMXI 0.14% 99,110 $1M $13.97 +99,110 NEW
59 RAL 0.14% 31,408 $1M $43.73 $957K +22,817 +265.6%
60 FLR 0.13% 31,200 $1M $42.07 +31,200 NEW
61 CRL 0.13% 8,354 $1M $156.46 $455K +2,739 +48.8%
62 GTLB 0.13% 28,957 $1M $45.08 +28,957 NEW
63 MMLP 0.12% 408,240 $1M $3.06 $45K
64 BRZE 0.12% 42,079 $1M $28.44 +42,079 NEW
65 BILL 0.08% 16,022 $849K $52.97 +16,022 NEW
66 JAMF 0.08% 75,560 $808K $10.70 +75,560 NEW
67 WSC 0.08% 37,415 $790K $21.11 -$235K
68 CVGW 0.08% 30,586 $787K $25.74 -$26K
69 ADBE 0.07% 2,153 $759K $352.75 -$73K
70 TECK 0.07% 16,850 $740K $43.89 -$246K -7,565 -31.0%
71 FI 0.07% 5,250 $677K $128.93 +5,250 NEW
72 SMPL 0.06% 25,778 $640K $24.82 -$175K
73 SRDX 0.06% 20,742 $620K $29.89 +20,742 NEW
74 FCX 0.06% 15,750 $618K $39.22 -$204K -3,200 -16.9%
75 HRTX 0.06% 475,750 $599K $1.26 -$385K
76 LOMA 0.05% 64,000 $472K $7.37 -$230K
77 CNR 0.04% 5,368 $448K $83.48 $74K
78 GWRE 0.04% 1,915 $440K $229.86 +1,915 NEW
79 AMD 0.04% 2,700 $437K $161.79 +2,700 NEW
80 INDI 0.04% 106,100 $432K $4.07 -$159K -59,859 -36.1%
81 WDAY 0.04% 1,780 $428K $240.73 +1,780 NEW
82 DDOG 0.04% 2,980 $424K $142.40 +2,980 NEW
83 CSGP 0.04% 4,715 $398K $84.37 +4,715 NEW
84 WHLRP 0.03% 82,301 $348K $4.23 $22K
85 VERX 0.03% 11,945 $296K $24.79 +11,945 NEW
86 MAA 0.02% 1,800 $252K $139.73 -$15K
87 SUPV 0.01% 24,300 $120K $4.95 -$137K
88 CEROW —% 108,741 $1K $0.01 -$1K
89 URG —% -$16K -15,000 -100.0% SOLD
90 CACI —% -$2M -5,133 -100.0% SOLD
91 BLCO —% -$653K -50,158 -100.0% SOLD
92 HES —% -$43M -312,545 -100.0% SOLD
93 CLH —% -$231K -1,000 -100.0% SOLD
94 ETWO —% -$15M -4,767,915 -100.0% SOLD
95 TRS —% -$3M -99,600 -100.0% SOLD
96 JNPR —% -$63M -1,584,932 -100.0% SOLD
97 COTY —% -$2M -486,974 -100.0% SOLD
98 DAR —% -$212K -5,600 -100.0% SOLD
99 AMTM —% -$833K -35,263 -100.0% SOLD
100 PSN —% -$2M -32,288 -100.0% SOLD

Options Breakdown

0 Calls $0 Call Value 6 Puts $26M Put Value

Top Puts

SymbolSharesValueStatus
STAA 564,100 $15M NEW
SNPS 9,500 $5M NEW
ETNB 292,200 $4M NEW
WBD 100,000 $2M NEW
SMR 7,100 $256K NEW
JNPR $0 SOLD

New Positions

SymbolValue% Port
VRNA $62M 6.15%
AL $49M 4.80%
COOP $40M 3.97%
PRA $32M 3.15%
EA $31M 3.10%
IAS $27M 2.69%
VRNT $23M 2.28%
TRML $22M 2.15%
SHCO $18M 1.78%
DAY $15M 1.48%
VMEO $14M 1.36%
HBI $13M 1.30%
MRC $12M 1.19%
SCS $11M 1.13%
MLNK $11M 1.05%

Sold Out Positions

SymbolValue% Port
CWEN —%
DLR —%
WES —%
COTY —%
BLCO —%
DAR —%
FTV —%
HGLB —%
IRM —%
DKS —%
KVUE —%
ECVT —%
AMTM —%
CACI —%
CLH —%
View SEC EDGAR Filings for NEXPOINT ASSET MANAGEMENT, L.P. →

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