13F HOLDINGS REPORT
KINGDON CAPITAL MANAGEMENT, L.L.C.
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001000097-25-000022
Total Value
$805.7M
Positions
77
Other Managers
0
Confidential Omitted
No
Holdings (77)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | INVESCO QQQ TR | IVZ | 85,000 | $51.0M | 6.33% |
| 2 | SYNDAX PHARMACEUTICALS INC | SNDX | 2,500,000 | $38.5M | 4.77% |
| 3 | VANECK ETF TRUST | 92189F676 | 70,000 | $22.8M | 2.84% |
| 4 | NVIDIA CORPORATION | NVDA | 117,500 | $21.9M | 2.72% |
| 5 | MOLINA HEALTHCARE INC | MOH | 110,200 | $21.1M | 2.62% |
| 6 | SOLENO THERAPEUTICS INC | SLNO | 301,000 | $20.3M | 2.53% |
| 7 | EDWARDS LIFESCIENCES CORP | EW | 251,400 | $19.6M | 2.43% |
| 8 | NEXGEN ENERGY LTD | NXE | 2,177,837 | $19.5M | 2.42% |
| 9 | HUMANA INC | HUM | 70,600 | $18.4M | 2.28% |
| 10 | BUILDERS FIRSTSOURCE INC | BLDR | 150,000 | $18.2M | 2.26% |
| 11 | CRH PLC | CRH | 150,000 | $18.0M | 2.23% |
| 12 | EVERUS CONSTR GROUP | EVEX-WT | 200,000 | $17.1M | 2.13% |
| 13 | MAPLEBEAR INC | CART | 450,000 | $16.5M | 2.05% |
| 14 | KKR & CO INC | KKRT | 125,000 | $16.2M | 2.02% |
| 15 | ISHARES INC | 464286772 | 190,000 | $15.2M | 1.89% |
| 16 | GLOBUS MED INC | GMED | 257,650 | $14.8M | 1.83% |
| 17 | MICROSOFT CORP | MSFT | 27,500 | $14.2M | 1.77% |
| 18 | SELECT SECTOR SPDR TR | 81369Y886 | 150,000 | $13.1M | 1.62% |
| 19 | HEICO CORP NEW | HEI-A | 40,000 | $12.9M | 1.60% |
| 20 | SPORTRADAR GROUP AG | SRAD | 474,000 | $12.8M | 1.58% |
| 21 | LOAR HOLDINGS INC | LOAR | 150,000 | $12.0M | 1.49% |
| 22 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 42,500 | $11.9M | 1.47% |
| 23 | META PLATFORMS INC | META | 16,000 | $11.8M | 1.46% |
| 24 | CHAMPION HOMES INC | SKY | 150,000 | $11.5M | 1.42% |
| 25 | API GROUP CORP | APG | 325,000 | $11.2M | 1.39% |
| 26 | MOLSON COORS BEVERAGE CO | TAP-A | 240,200 | $10.9M | 1.35% |
| 27 | NXP SEMICONDUCTORS N V | NXPI | 47,500 | $10.8M | 1.34% |
| 28 | ISHARES INC | 464286772 | 135,000 | $10.8M | 1.34% |
| 29 | HOWMET AEROSPACE INC | HWM | 55,000 | $10.8M | 1.34% |
| 30 | ENTERGY CORP NEW | ENO | 115,000 | $10.7M | 1.33% |
| 31 | WELLTOWER INC | WELL | 60,000 | $10.7M | 1.33% |
| 32 | WALMART INC | WMT | 100,000 | $10.3M | 1.28% |
| 33 | BLACKSTONE INC | BX | 60,000 | $10.3M | 1.27% |
| 34 | FLEX LTD | FLEX | 175,000 | $10.1M | 1.26% |
| 35 | WARBY PARKER INC | WRBY | 350,000 | $9.7M | 1.20% |
| 36 | RALLIANT CORP | RAL | 220,000 | $9.6M | 1.19% |
| 37 | HCI GROUP INC | HCIIP | 50,000 | $9.6M | 1.19% |
| 38 | CURTISS WRIGHT CORP | CW | 17,500 | $9.5M | 1.18% |
| 39 | PALO ALTO NETWORKS INC | PANW | 45,000 | $9.2M | 1.14% |
| 40 | UL SOLUTIONS INC | ULS | 125,000 | $8.9M | 1.10% |
| 41 | TELEDYNE TECHNOLOGIES INC | TDY | 15,000 | $8.8M | 1.09% |
| 42 | MIRION TECHNOLOGIES INC | MIR | 375,000 | $8.7M | 1.08% |
| 43 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 50,000 | $8.4M | 1.05% |
| 44 | OLEMA PHARMACEUTICALS INC | OLMA | 854,000 | $8.4M | 1.04% |
| 45 | LIBERTY MEDIA CORP DEL | FWONB | 80,000 | $8.4M | 1.04% |
| 46 | HCI GROUP INC | HCIIP | 42,500 | $8.2M | 1.01% |
| 47 | CORE & MAIN INC | CNM | 150,000 | $8.1M | 1.00% |
| 48 | ISHARES TR | 464288752 | 75,000 | $8.0M | 1.00% |
| 49 | ALPHABET INC | GOOG | 30,000 | $7.3M | 0.91% |
| 50 | PURECYCLE TECHNOLOGIES INC | PCTTW | 553,000 | $7.3M | 0.90% |
| 51 | WESTERN DIGITAL CORP | WDC | 60,000 | $7.2M | 0.89% |
| 52 | AXON ENTERPRISE INC | AXON | 10,000 | $7.2M | 0.89% |
| 53 | ALDEYRA THERAPEUTICS INC | ALDX | 1,331,791 | $7.0M | 0.86% |
| 54 | CORNING INC | GLW | 80,000 | $6.6M | 0.81% |
| 55 | ITRON INC | ITRI | 50,000 | $6.2M | 0.77% |
| 56 | ZEVRA THERAPEUTICS INC | ZVRA | 650,000 | $6.2M | 0.77% |
| 57 | GE VERNOVA INC | GEV | 10,000 | $6.1M | 0.76% |
| 58 | TETRA TECH INC NEW | TTEK | 175,000 | $5.8M | 0.73% |
| 59 | HOME DEPOT INC | HD | 14,300 | $5.8M | 0.72% |
| 60 | ORACLE CORP | ORCL-PD | 20,000 | $5.6M | 0.70% |
| 61 | LOWES COS INC | 548661107 | 22,250 | $5.6M | 0.69% |
| 62 | SYNCHRONY FINANCIAL | SYF-PB | 75,000 | $5.3M | 0.66% |
| 63 | KKR & CO INC | KKRT | 40,000 | $5.2M | 0.65% |
| 64 | ALCON AG | ALC | 57,500 | $4.3M | 0.53% |
| 65 | BROOKFIELD CORP | 11271J107 | 60,000 | $4.1M | 0.51% |
| 66 | SAMSARA INC | IOT | 100,000 | $3.7M | 0.46% |
| 67 | WOLVERINE WORLD WIDE INC | WWW | 129,500 | $3.6M | 0.44% |
| 68 | X4 PHARMACEUTICALS INC | XFOR | 933,332 | $3.2M | 0.40% |
| 69 | JASPER THERAPEUTICS INC | JSPRW | 1,324,845 | $3.2M | 0.39% |
| 70 | GREAT ELM GROUP INC | GEGGL | 1,168,907 | $2.9M | 0.36% |
| 71 | NIOCORP DEVS LTD | 654484609 | 314,465 | $2.1M | 0.26% |
| 72 | SCYNEXIS INC | SCYX | 2,237,048 | $1.7M | 0.21% |
| 73 | ENVVENO MEDICAL CORPORATION | NVNO | 1,359,261 | $1.2M | 0.15% |
| 74 | CARVANA CO | CVNA | 2,500 | $943,100 | 0.12% |
| 75 | PARSONS CORP DEL | PSN | 10,000 | $829,200 | 0.10% |
| 76 | MOONLAKE IMMUNOTHERAPEUTICS | MLTX | 50,000 | $358,500 | 0.04% |
| 77 | BEYOND AIR INC | XAIR | 46,833 | $108,184 | 0.01% |