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

ARMISTICE CAPITAL, LLC

Q2 2025 · Filed 2025-08-14
Market Value
$2.6B
-29.7%
Holdings
224
+3
New Purchases
53
Added To
32
Closed
53
Reduced
69
Top 10 Concentration
38.9%
Turnover
47.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GEHC 2.18% 0.67% +1.51% $56M
PTCT 9.02% 7.59% +1.43% $231M
MCD 1.64% 0.34% +1.29% $42M
SUPN 5.91% 4.66% +1.25% $152M
IMVT 3.24% 2.11% +1.14% $83M
IBRX 0.80% 0.00% +0.80% $20M
INCY 3.55% 2.77% +0.77% $91M
GRFS 2.57% 1.81% +0.76% $66M
TVTX 5.12% 4.36% +0.76% $131M
MDB 0.85% 0.22% +0.63% $22M
AUTL 1.07% 0.47% +0.60% $27M
GTLB 0.57% 0.00% +0.57% $15M
CYTK 1.69% 1.13% +0.56% $43M
CMG 0.71% 0.16% +0.56% $18M
AMZN 1.88% 1.38% +0.50% $48M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPB 0.00% 1.36% -1.36% $0
SMPL 0.00% 1.28% -1.28% $0
SAM 0.21% 1.38% -1.17% $5M
DPZ 0.00% 1.13% -1.13% $0
KDP 0.00% 1.03% -1.03% $0
SIRO 0.31% 1.23% -0.92% $8M
MRK 0.00% 0.80% -0.80% $0
SNY 0.00% 0.80% -0.80% $0
TXRH 0.00% 0.75% -0.75% $0
SNN 0.62% 1.38% -0.75% $16M
SXT 0.40% 1.12% -0.72% $10M
SHAK 0.00% 0.69% -0.69% $0
VRTX 0.00% 0.66% -0.66% $0
EXAS 1.54% 2.10% -0.57% $39M
AUPH 0.54% 1.10% -0.56% $14M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 14 $208M 8.1%
Large Cap 81 $770M 30.0%
Mid Cap 50 $1.1B 41.2%
Small Cap 33 $443M 17.3%
Micro Cap 46 $87M 3.4%

Portfolio Analytics

Avg Market Cap
$125.4B
Median Market Cap
$5.9B
Avg P/E
26.7
Median P/E
23.1
Avg Dividend Yield
0.01%
Avg Beta
0.95
# Stocks
223
# ETFs / Funds
1

Top Holdings (224 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 PTCT 9.02% 4,735,464 $231M $48.84 -$46M -699,379 -12.9%
2 SUPN 5.91% 4,812,000 $152M $31.52 -$18M -384,000 -7.4%
3 TVTX 5.12% 8,876,000 $131M $14.80 -$28M +4,000 +0.1%
4 INCY 3.55% 1,336,000 $91M $68.10 -$10M -335,463 -20.1%
5 NBIX 3.31% 676,024 $85M $125.69 -$26M -324,166 -32.4%
6 IMVT 3.24% 5,200,000 $83M $16.00 $6M +700,000 +15.6%
7 GRFS 2.57% 7,298,000 $66M $9.04 $7K -1,980,000 -21.3%
8 GEHC 2.18% 756,281 $56M $74.07 $32M +453,221 +149.6%
9 REGN 2.05% 100,032 $53M $525.00 -$20M -14,041 -12.3%
10 FIVN 1.90% 1,836,000 $49M $26.48 -$8M -262,000 -12.5%
11 AMZN 1.88% 219,423 $48M $219.39 -$2M -44,703 -16.9%
12 STAA 1.84% 2,812,000 $47M $16.78 -$6M -188,000 -6.3%
13 ARGX 1.72% 80,000 $44M $551.22 -$14M -18,000 -18.4%
14 CYTK 1.69% 1,312,349 $43M $33.04 $2M +288,959 +28.2%
15 MCD 1.64% 143,580 $42M $292.17 $29M +103,580 +258.9%
16 MSFT 1.62% 83,737 $42M $497.41 -$8M -48,263 -36.6%
17 EXAS 1.54% 741,956 $39M $53.14 -$37M -1,030,413 -58.1%
18 AGIO 1.51% 1,168,000 $39M $33.26 -$21M -880,000 -43.0%
19 FRPT 1.50% 565,403 $38M $67.96 -$21M -151,557 -21.1%
20 MDGL 1.46% 124,000 $38M $302.64 -$7M -11,883 -8.8%
21 TMCI 1.44% 6,260,000 $37M $5.88 -$15M +49,000 +0.8%
22 KURA 1.39% 6,200,000 $36M $5.77 -$8M -372,000 -5.7%
23 GOOGL 1.31% 190,400 $34M $176.23 -$12M -106,600 -35.9%
24 OFIX 1.29% 2,978,000 $33M $11.15 -$15M +14,000 +0.5%
25 RIGL 1.17% 1,600,000 $30M $18.73 $3M +84,000 +5.5%
26 AUTL 1.07% 12,000,000 $27M $2.28 $10M +1,000,000 +9.1%
27 PENN 0.98% 1,413,588 $25M $17.87 -$25M -1,672,469 -54.2%
28 AVNS 0.97% 2,036,000 $25M $12.24 -$4M +36,000 +1.8%
29 PFGC 0.95% 280,000 $24M $87.47 -$1M -45,691 -14.0%
30 DYN 0.95% 2,560,000 $24M $9.52 -$5M -208,000 -7.5%
31 IRON 0.90% 436,000 $23M $52.96 $1M
32 ADBE 0.90% 59,587 $23M $386.88 -$20M -51,613 -46.4%
33 MDT 0.90% 264,000 $23M $87.17 -$26M -277,237 -51.2%
34 EAT 0.88% 125,827 $23M $180.33 $8M +28,093 +28.7%
35 S 0.88% 1,235,484 $23M $18.28 -$11M -630,317 -33.8%
36 PLNT 0.85% 200,039 $22M $109.05 -$12M -147,519 -42.4%
37 MDB 0.85% 103,496 $22M $209.99 $14M +58,531 +130.2%
38 IMCR 0.83% 678,000 $21M $31.38 -$8M -300,000 -30.7%
39 IBRX 0.80% 7,764,000 $20M $2.64 +7,764,000 NEW
40 CHDN 0.79% 200,153 $20M $101.00 $744K +24,845 +14.2%
41 DDOG 0.79% 150,000 $20M $134.33 -$4M -90,000 -37.5%
42 BCYC 0.76% 2,800,000 $19M $6.95 -$3M +128,000 +4.8%
43 CMG 0.71% 325,847 $18M $56.15 $13M +211,847 +185.8%
44 SNN 0.62% 522,038 $16M $30.63 -$34M -1,246,962 -70.5%
45 WDAY 0.60% 64,016 $15M $240.00 -$9M -39,870 -38.4%
46 ANGO 0.59% 1,527,815 $15M $9.92 -$5M -566,185 -27.0%
47 VYGR 0.58% 4,800,000 $15M $3.11 -$3M -636,000 -11.7%
48 GTLB 0.57% 323,559 $15M $45.11 +323,559 NEW
49 AUPH 0.54% 1,629,600 $14M $8.47 -$26M -3,370,400 -67.4%
50 PRTA 0.53% 2,236,000 $14M $6.07 -$14M +40,000 +1.8%
51 NPCE 0.50% 1,152,335 $13M $11.14 -$1M -1,279 -0.1%
52 ISRG 0.49% 22,995 $12M $543.41 -$2M -6,063 -20.9%
53 DT 0.48% 223,988 $12M $55.21 $579K -26,012 -10.4%
54 HUBS 0.48% 22,104 $12M $556.63 $5M +10,067 +83.6%
55 TMO 0.47% 29,964 $12M $405.46 +29,964 NEW
56 AXGN 0.47% 1,111,319 $12M $10.85 $2M +573,041 +106.5%
57 TOST 0.46% 265,504 $12M $44.29 -$17M -598,219 -69.3%
58 IRWD 0.45% 16,150,000 $12M $0.72 -$9M +2,450,000 +17.9%
59 JNJ 0.45% 75,218 $11M $152.75 +75,218 NEW
60 ENR 0.42% 536,000 $11M $20.16 -$23M -592,144 -52.5%
61 ROST 0.40% 81,018 $10M $127.58 $792K +6,332 +8.5%
62 SXT 0.40% 103,805 $10M $98.52 -$31M -446,022 -81.1%
63 CENTA 0.40% 324,000 $10M $31.29 -$23M -701,085 -68.4%
64 NVDA 0.38% 62,000 $10M $157.99 -$2M -44,110 -41.6%
65 TSM 0.36% 41,000 $9M $226.49 -$1M -21,000 -33.9%
66 LTH 0.36% 301,290 $9M $30.33 +301,290 NEW
67 0LOV.L 0.35% 2,136,000 $9M $4.15 +2,136,000 NEW
68 PATH 0.35% 692,000 $9M $12.80 -$10M -1,107,689 -61.5%
69 UBER 0.33% 91,722 $9M $93.30 -$9M -144,025 -61.1%
70 RRR 0.33% 161,179 $8M $52.03 +161,179 NEW
71 QSR 0.32% 124,391 $8M $66.29 +124,391 NEW
72 BSX 0.31% 75,000 $8M $107.41 $3M +25,238 +50.7%
73 RDDT 0.31% 53,000 $8M $150.57 $4M +17,000 +47.2%
74 SIRO 0.31% 501,413 $8M $15.88 -$37M -2,498,735 -83.3%
75 DRI 0.31% 36,443 $8M $217.97 -$5M -25,135 -40.8%
76 PII 0.28% 178,000 $7M $40.65 +178,000 NEW
77 MGNX 0.28% 5,960,000 $7M $1.21 -$784K -336,000 -5.3%
78 CCL 0.27% 246,270 $7M $28.12 +246,270 NEW
79 YNDX 0.27% 124,000 $7M $55.33 -$5M -444,092 -78.2%
80 BABA 0.26% 58,000 $7M $113.41 +58,000 NEW
81 ORLY 0.25% 70,925 $6M $90.13 $449K +66,776 +1609.5%
82 HST 0.24% 398,687 $6M $15.36 +398,687 NEW
83 NTLA 0.24% 650,000 $6M $9.38 $4M +286,000 +78.6%
84 DHR 0.23% 29,319 $6M $197.54 -$11M -51,673 -63.8%
85 ELF 0.23% 46,455 $6M $124.44 +46,455 NEW
86 FWRG 0.22% 350,000 $6M $16.04 +350,000 NEW
87 SAM 0.21% 28,000 $5M $190.81 -$45M -182,553 -86.7%
88 APP 0.21% 15,070 $5M $350.08 -$4M -18,068 -54.5%
89 CNTA 0.20% 400,000 $5M $13.14 -$1M -68,000 -14.5%
90 ULTA 0.20% 11,174 $5M $467.82 $1M +938 +9.2%
91 LOW 0.19% 21,935 $5M $221.87 -$299K -212 -1.0%
92 H 0.19% 34,779 $5M $139.65 +34,779 NEW
93 INGN 0.18% 664,000 $5M $7.03 +664,000 NEW
94 ARAY 0.17% 3,236,000 $4M $1.37 -$106K +700,000 +27.6%
95 LEN 0.17% 40,021 $4M $110.61 $409K +5,021 +14.3%
96 SHW 0.17% 12,500 $4M $343.36 -$603K -1,518 -10.8%
97 RH 0.16% 22,292 $4M $189.01 -$13M -50,274 -69.3%
98 WYNN 0.16% 44,857 $4M $93.67 +44,857 NEW
99 ARVN 0.16% 560,000 $4M $7.36 +560,000 NEW
100 DECK 0.15% 38,516 $4M $103.07 -$5M -42,970 -52.7%

Options Breakdown

4 Calls $133M Call Value 2 Puts $3.0B Put Value 22.68 P/C Ratio

Top Calls

SymbolSharesValueStatus
MDGL 170,000 $51M
CYTK 1,340,000 $44M
FIVN 1,420,000 $38M NEW
IMVT $0 SOLD

Top Puts

SymbolSharesValueStatus
SPY 2,450,000 $1.5B
IWM 7,000,000 $1.5B

New Positions

SymbolValue% Port
IBRX $20M 0.80%
GTLB $15M 0.57%
TMO $12M 0.47%
JNJ $11M 0.45%
LTH $9M 0.36%
0LOV.L $9M 0.35%
RRR $8M 0.33%
QSR $8M 0.32%
PII $7M 0.28%
CCL $7M 0.27%
BABA $7M 0.26%
HST $6M 0.24%
ELF $6M 0.23%
FWRG $6M 0.22%
H $5M 0.19%

Sold Out Positions

SymbolValue% Port
YUM —%
XOM —%
WH —%
GMED —%
SPB —%
MUSA —%
BIO —%
GSK —%
SN —%
NKE —%
SPGI —%
PFE —%
TRU —%
NOMD —%
LVS —%
View SEC EDGAR Filings for ARMISTICE CAPITAL, LLC →

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