13F HOLDINGS REPORT
KINGDON CAPITAL MANAGEMENT, L.L.C.
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001000097-26-000002
Total Value
$841.2M
Positions
68
Other Managers
0
Confidential Omitted
No
Holdings (68)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES SILVER TR | SLV | 850,000 | $54.8M | 6.51% |
| 2 | SYNDAX PHARMACEUTICALS INC | SNDX | 2,350,000 | $49.4M | 5.87% |
| 3 | NVIDIA CORPORATION | NVDA | 145,000 | $27.0M | 3.21% |
| 4 | KEYSIGHT TECHNOLOGIES INC | KEYS | 130,000 | $26.4M | 3.14% |
| 5 | OLEMA PHARMACEUTICALS INC | OLMA | 953,600 | $23.8M | 2.83% |
| 6 | NEXGEN ENERGY LTD | NXE | 2,500,000 | $23.0M | 2.73% |
| 7 | WARBY PARKER INC | WRBY | 1,053,644 | $23.0M | 2.73% |
| 8 | NVIDIA CORPORATION | NVDA | 115,000 | $21.4M | 2.55% |
| 9 | CRH PLC | CRH | 150,000 | $18.7M | 2.23% |
| 10 | SOLENO THERAPEUTICS INC | SLNO | 399,900 | $18.5M | 2.20% |
| 11 | VANECK ETF TRUST | 92189F676 | 50,000 | $18.0M | 2.14% |
| 12 | MAPLEBEAR INC | CART | 390,000 | $17.5M | 2.09% |
| 13 | INVESCO EXCH TRADED FD TR II | IVZ | 350,000 | $17.2M | 2.04% |
| 14 | EVERUS CONSTR GROUP | EVEX-WT | 200,000 | $17.1M | 2.03% |
| 15 | BANK AMERICA CORP | 060505104 | 300,000 | $16.5M | 1.96% |
| 16 | HOWMET AEROSPACE INC | HWM | 80,000 | $16.4M | 1.95% |
| 17 | SPORTRADAR GROUP AG | SRAD | 674,000 | $16.0M | 1.90% |
| 18 | KKR & CO INC | KKRT | 125,000 | $15.9M | 1.89% |
| 19 | TELEDYNE TECHNOLOGIES INC | TDY | 30,000 | $15.3M | 1.82% |
| 20 | ADVANCED MICRO DEVICES INC | AMD | 70,000 | $15.0M | 1.78% |
| 21 | ALIBABA GROUP HLDG LTD | BBAAY | 100,000 | $14.7M | 1.74% |
| 22 | API GROUP CORP | APG | 375,000 | $14.3M | 1.71% |
| 23 | LIBERTY MEDIA CORP DEL | FWONB | 140,000 | $13.8M | 1.64% |
| 24 | WAYSTAR HLDG CORP | WAY | 414,549 | $13.6M | 1.61% |
| 25 | ADVANCED MICRO DEVICES INC | AMD | 62,500 | $13.4M | 1.59% |
| 26 | HEICO CORP NEW | HEI-A | 40,000 | $12.9M | 1.54% |
| 27 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 40,000 | $12.2M | 1.45% |
| 28 | WOLVERINE WORLD WIDE INC | WWW | 657,500 | $11.9M | 1.42% |
| 29 | ALPHABET INC | GOOG | 37,500 | $11.7M | 1.40% |
| 30 | MOLSON COORS BEVERAGE CO | TAP-A | 240,200 | $11.2M | 1.33% |
| 31 | RALLIANT CORP | RAL | 220,000 | $11.2M | 1.33% |
| 32 | ISHARES INC | 464286772 | 115,000 | $11.2M | 1.33% |
| 33 | WALMART INC | WMT | 100,000 | $11.1M | 1.32% |
| 34 | ALIBABA GROUP HLDG LTD | BBAAY | 75,000 | $11.0M | 1.31% |
| 35 | UPSTART HLDGS INC | UPST | 250,000 | $10.9M | 1.30% |
| 36 | CARRIER GLOBAL CORPORATION | CARR | 200,000 | $10.6M | 1.26% |
| 37 | LOAR HOLDINGS INC | LOAR | 150,000 | $10.2M | 1.21% |
| 38 | UL SOLUTIONS INC | ULS | 125,000 | $9.9M | 1.17% |
| 39 | NXP SEMICONDUCTORS N V | NXPI | 45,000 | $9.8M | 1.16% |
| 40 | ALDEYRA THERAPEUTICS INC | ALDX | 1,850,000 | $9.6M | 1.14% |
| 41 | AMERICAN HEALTHCARE REIT INC | AHR | 200,000 | $9.4M | 1.12% |
| 42 | WELLTOWER INC | WELL | 50,000 | $9.3M | 1.10% |
| 43 | ICON PLC | ICLR | 50,600 | $9.2M | 1.10% |
| 44 | BANK AMERICA CORP | 060505104 | 165,000 | $9.1M | 1.08% |
| 45 | HCI GROUP INC | HCIIP | 45,000 | $8.6M | 1.03% |
| 46 | ILLUMINA INC | ILMN | 62,700 | $8.2M | 0.98% |
| 47 | RADNET INC | RDNT | 110,000 | $7.8M | 0.93% |
| 48 | AXON ENTERPRISE INC | AXON | 13,500 | $7.7M | 0.91% |
| 49 | ISHARES INC | 464286772 | 75,000 | $7.3M | 0.87% |
| 50 | ALCON AG | ALC | 88,480 | $7.0M | 0.83% |
| 51 | US FOODS HLDG CORP | USFD | 85,000 | $6.4M | 0.76% |
| 52 | FLEX LTD | FLEX | 95,000 | $5.7M | 0.68% |
| 53 | HIMS & HERS HEALTH INC | HIMS | 170,000 | $5.5M | 0.66% |
| 54 | PERIMETER SOLUTIONS INC | PRM | 200,000 | $5.5M | 0.65% |
| 55 | ZEVRA THERAPEUTICS INC | ZVRA | 585,069 | $5.2M | 0.62% |
| 56 | WESTERN DIGITAL CORP | WDC | 30,000 | $5.2M | 0.61% |
| 57 | TETRA TECH INC NEW | TTEK | 150,000 | $5.0M | 0.60% |
| 58 | INVESCO EXCH TRADED FD TR II | IVZ | 100,000 | $4.9M | 0.58% |
| 59 | OKTA INC | OKTA | 55,000 | $4.8M | 0.57% |
| 60 | ITRON INC | ITRI | 50,000 | $4.6M | 0.55% |
| 61 | COASTAL FINL CORP WA | 19046P209 | 40,000 | $4.6M | 0.54% |
| 62 | CURTISS WRIGHT CORP | CW | 7,000 | $3.9M | 0.46% |
| 63 | AAR CORP | AIR | 40,000 | $3.3M | 0.39% |
| 64 | PURECYCLE TECHNOLOGIES INC | PCTTW | 200,000 | $1.7M | 0.20% |
| 65 | NIOCORP DEVS LTD | 654484609 | 314,465 | $1.7M | 0.20% |
| 66 | ELEDON PHARMACEUTICALS INC | ELDN | 1,039,275 | $1.6M | 0.19% |
| 67 | INFOSYS LTD | INFY | 71,500 | $1.3M | 0.15% |
| 68 | ENVVENO MEDICAL CORPORATION | NVNO | 1,265,845 | $406,083 | 0.05% |