13F HOLDINGS REPORT
HBK INVESTMENTS L P
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0001011443-25-000031
Total Value
$4.72B
Positions
202
Other Managers
0
Confidential Omitted
Yes
Holdings (202)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | HESS CORP | HESM | 9,000,100 | $1.25B | 26.42% |
| 2 | SPDR S&P 500 ETF TR | SPY | 587,200 | $362.8M | 7.69% |
| 3 | SPDR GOLD TR | GLD | 667,200 | $203.4M | 4.31% |
| 4 | SPDR S&P 500 ETF TR | SPY | 300,000 | $185.4M | 3.93% |
| 5 | MICROSTRATEGY INC | STRK | 365,700 | $147.8M | 3.13% |
| 6 | ARK 21SHARES BITCOIN ETF | ARKB | 3,267,144 | $116.9M | 2.48% |
| 7 | SPDR SERIES TRUST | 78468R556 | 869,000 | $109.3M | 2.32% |
| 8 | PELOTON INTERACTIVE INC | PTON | 43,244,000 | $79.5M | 1.68% |
| 9 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 338,900 | $76.8M | 1.63% |
| 10 | GMS INC | 36251C103 | 704,721 | $76.6M | 1.62% |
| 11 | FIDELITY WISE ORIGIN BITCOIN | FBTC | 780,164 | $73.3M | 1.55% |
| 12 | ISHARES TR | 464287655 | 303,200 | $65.4M | 1.39% |
| 13 | DOORDASH INC | DASH | 264,100 | $65.1M | 1.38% |
| 14 | ISHARES BITCOIN TRUST ETF | IBIT | 1,043,900 | $63.9M | 1.35% |
| 15 | TWO HARBORS INVENTMENT CORPO | 90187BAB7 | 62,077,000 | $61.7M | 1.31% |
| 16 | NVIDIA CORPORATION | NVDA | 352,300 | $55.7M | 1.18% |
| 17 | MICROSTRATEGY INC | STRK | 19,107,000 | $53.2M | 1.13% |
| 18 | UBER TECHNOLOGIES INC | UBER | 479,421 | $44.7M | 0.95% |
| 19 | CINEMARK HLDGS INC | CNK | 1,424,300 | $43.0M | 0.91% |
| 20 | FORTUNA MNG CORP | 349915AE8 | 32,000,000 | $41.5M | 0.88% |
| 21 | COMMVAULT SYS INC | CVLT | 232,900 | $40.6M | 0.86% |
| 22 | TXNM ENERGY INC | TXNM | 27,500,000 | $35.8M | 0.76% |
| 23 | CHEVRON CORP NEW | CVX | 249,300 | $35.7M | 0.76% |
| 24 | NEWS CORP NEW | NWSLL | 1,156,250 | $34.4M | 0.73% |
| 25 | LATAM AIRLINES GROUP SA | LTM | 833,300 | $33.9M | 0.72% |
| 26 | IMPINJ INC | PI | 26,500,000 | $33.1M | 0.70% |
| 27 | ANNALY CAPITAL MANAGEMENT IN | NLY-PJ | 1,725,000 | $32.5M | 0.69% |
| 28 | NEBIUS GROUP N.V. | NBIS | 576,800 | $31.9M | 0.68% |
| 29 | COSTCO WHSL CORP NEW | 22160K105 | 31,600 | $31.3M | 0.66% |
| 30 | COPA HOLDINGS SA | CPA | 277,800 | $30.5M | 0.65% |
| 31 | ALIBABA GROUP HLDG LTD | BBAAY | 23,000,000 | $29.3M | 0.62% |
| 32 | ANHEUSER BUSCH INBEV SA/NV | BUDFF | 412,652 | $28.4M | 0.60% |
| 33 | KOSMOS ENERGY LTD | KOS | 40,750,000 | $27.9M | 0.59% |
| 34 | SPIRIT AEROSYSTEMS INC | 85205TAQ3 | 19,000,000 | $27.8M | 0.59% |
| 35 | SOLVENTUM CORP | SOLV | 361,984 | $27.5M | 0.58% |
| 36 | GRAYSCALE ETHEREUM MINI TR E | 38964R203 | 1,066,160 | $25.3M | 0.54% |
| 37 | CINEMARK HLDGS INC | CNK | 826,900 | $25.0M | 0.53% |
| 38 | WALMART INC | WMT | 252,900 | $24.7M | 0.52% |
| 39 | RYANAIR HOLDINGS PLC | RYAOF | 423,822 | $24.4M | 0.52% |
| 40 | AGNC INVT CORP | 00123Q104 | 2,634,200 | $24.2M | 0.51% |
| 41 | FIRST MAJESTIC SILVER CORP | AG | 24,957,000 | $24.2M | 0.51% |
| 42 | PAR TECHNOLOGY CORP | PAR | 19,882,000 | $22.9M | 0.49% |
| 43 | INVESCO QQQ TR | IVZ | 40,700 | $22.5M | 0.48% |
| 44 | LANTHEUS HLDGS INC | LNTH | 17,500,000 | $22.2M | 0.47% |
| 45 | PENNYMAC CORP | 70932AAF0 | 21,840,000 | $21.8M | 0.46% |
| 46 | SIRIUSXM HOLDINGS INC | 829933100 | 937,600 | $21.5M | 0.46% |
| 47 | DATADOG INC | DDOG | 154,000 | $20.7M | 0.44% |
| 48 | PENNYMAC CORP | 70932AAH6 | 20,250,000 | $20.6M | 0.44% |
| 49 | WARNER BROS DISCOVERY INC | WBD | 1,786,438 | $20.5M | 0.43% |
| 50 | FIDELITY ETHEREUM FD | 31613E103 | 794,238 | $20.0M | 0.42% |
| 51 | ATLANTA BRAVES HLDGS INC | BATRB | 420,898 | $19.7M | 0.42% |
| 52 | RWT HLDGS INC | 749772AD1 | 18,056,000 | $18.1M | 0.38% |
| 53 | CONCENTRA GROUP HOLDINGS PAR | CON | 876,155 | $18.0M | 0.38% |
| 54 | RIVIAN AUTOMOTIVE INC | RIVN | 20,000,000 | $18.0M | 0.38% |
| 55 | TESLA INC | TSLA | 55,700 | $17.7M | 0.37% |
| 56 | ISHARES TR | 464287655 | 80,200 | $17.3M | 0.37% |
| 57 | NIO INC | NIOIF | 24,300,000 | $15.4M | 0.33% |
| 58 | LIBERTY MEDIA CORP DEL | FWONB | 14,600,000 | $15.2M | 0.32% |
| 59 | ZTO EXPRESS CAYMAN INC | ZTOEF | 15,000,000 | $14.9M | 0.32% |
| 60 | LIBERTY MEDIA CORP DEL | FWONB | 185,431 | $14.7M | 0.31% |
| 61 | BITWISE BITCOIN ETF TR | BITB | 251,122 | $14.7M | 0.31% |
| 62 | GAMESTOP CORP NEW | GME-WT | 587,200 | $14.3M | 0.30% |
| 63 | MARRIOTT VACATIONS WORLDWIDE | VAC | 14,000,000 | $13.1M | 0.28% |
| 64 | SANDISK CORP | SNDK | 274,123 | $12.4M | 0.26% |
| 65 | FRESHPET INC | FRPT | 10,000,000 | $12.4M | 0.26% |
| 66 | SIX FLAGS ENTERTAINMENT CORP | FUN | 400,000 | $12.2M | 0.26% |
| 67 | SIX FLAGS ENTERTAINMENT CORP | FUN | 397,561 | $12.1M | 0.26% |
| 68 | VERTEX INC | VERX | 10,000,000 | $11.9M | 0.25% |
| 69 | LEIDOS HOLDINGS INC | LDOS | 74,900 | $11.8M | 0.25% |
| 70 | ETF SER SOLUTIONS | 26922A842 | 513,300 | $11.8M | 0.25% |
| 71 | MILLROSE PPTYS INC | 601137102 | 400,000 | $11.4M | 0.24% |
| 72 | ARCHER AVIATION INC | ACHR-WT | 1,000,000 | $10.8M | 0.23% |
| 73 | GRAYSCALE BITCOIN MINI TR ET | 389930207 | 226,705 | $10.8M | 0.23% |
| 74 | QXO INC | QXO-PB | 500,000 | $10.8M | 0.23% |
| 75 | BRIGHTSPRING HEALTH SVCS INC | 10950A106 | 450,000 | $10.6M | 0.22% |
| 76 | SPDR SERIES TRUST | 78468R556 | 83,300 | $10.5M | 0.22% |
| 77 | PENNYMAC MTG INVT TR | 70931T103 | 811,700 | $10.4M | 0.22% |
| 78 | GAMESTOP CORP NEW | GME-WT | 385,200 | $9.4M | 0.20% |
| 79 | BITWISE ETHEREUM ETF | ETHW | 518,337 | $9.4M | 0.20% |
| 80 | WAYFAIR INC | W | 6,805,000 | $9.2M | 0.20% |
| 81 | ISHARES TR | 464287242 | 84,000 | $9.2M | 0.20% |
| 82 | SHAKE SHACK INC | SHAK | 8,500,000 | $9.1M | 0.19% |
| 83 | ARES CAPITAL CORP | ARCC | 400,000 | $8.8M | 0.19% |
| 84 | META PLATFORMS INC | META | 11,400 | $8.4M | 0.18% |
| 85 | TRIP COM GROUP LTD | TRPCF | 138,600 | $8.1M | 0.17% |
| 86 | PARAMOUNT GROUP INC | 69924R108 | 1,316,460 | $8.0M | 0.17% |
| 87 | PAR TECHNOLOGY CORP | PAR | 4,830,000 | $8.0M | 0.17% |
| 88 | TRUMP MEDIA & TECHNOLOGY GRO | DJTWW | 438,900 | $7.9M | 0.17% |
| 89 | EOG RES INC | EOG | 61,300 | $7.3M | 0.16% |
| 90 | JENA ACQUISITION CORP II | JENA-UN | 700,000 | $7.2M | 0.15% |
| 91 | SCIENCE APPLICATIONS INTL CO | 808625107 | 62,400 | $7.0M | 0.15% |
| 92 | CACI INTL INC | 127190304 | 14,500 | $6.9M | 0.15% |
| 93 | CONOCOPHILLIPS | COP | 76,700 | $6.9M | 0.15% |
| 94 | KRANESHARES TRUST | 500767306 | 200,000 | $6.9M | 0.15% |
| 95 | TRIPADVISOR INC | TRIP | 525,000 | $6.9M | 0.15% |
| 96 | TRIPADVISOR INC | TRIP | 525,000 | $6.9M | 0.15% |
| 97 | DIGITAL RLTY TR INC | 253868103 | 37,000 | $6.5M | 0.14% |
| 98 | UBER TECHNOLOGIES INC | UBER | 64,600 | $6.0M | 0.13% |
| 99 | HEWLETT PACKARD ENTERPRISE C | HPE-PC | 100,000 | $5.9M | 0.13% |
| 100 | KKR & CO INC | KKRT | 100,000 | $5.4M | 0.11% |
| 101 | BOLD EAGLE ACQUISITION CORP | BEAGU | 500,000 | $5.2M | 0.11% |
| 102 | UBER TECHNOLOGIES INC | UBER | 56,000 | $5.2M | 0.11% |
| 103 | GORES HLDGS X INC | G4002F117 | 500,000 | $5.2M | 0.11% |
| 104 | ARTIUS II ACQUISITION INC | AACBU | 500,000 | $5.1M | 0.11% |
| 105 | ALPHABET INC | GOOG | 27,600 | $4.9M | 0.10% |
| 106 | SITIME CORP | SITM | 22,500 | $4.8M | 0.10% |
| 107 | NEXTERA ENERGY INC | NEE-PW | 100,000 | $4.7M | 0.10% |
| 108 | BOOZ ALLEN HAMILTON HLDG COR | BAH | 45,200 | $4.7M | 0.10% |
| 109 | ISHARES TR | 464287739 | 46,700 | $4.4M | 0.09% |
| 110 | PELOTON INTERACTIVE INC | PTON | 626,000 | $4.3M | 0.09% |
| 111 | LIVE OAK ACQUISITION CORP V | LOKVW | 400,000 | $4.3M | 0.09% |
| 112 | CANTOR EQUITY PARTNERS III I | G1828A108 | 400,000 | $4.2M | 0.09% |
| 113 | PERIMETER ACQUISITION CORP I | PMTRW | 400,000 | $4.2M | 0.09% |
| 114 | SL GREEN RLTY CORP | 78440X887 | 65,000 | $4.0M | 0.09% |
| 115 | ISHARES ETHEREUM TR | 46438R105 | 199,020 | $3.8M | 0.08% |
| 116 | PG&E CORP | PCG-PX | 100,000 | $3.8M | 0.08% |
| 117 | SIRIUSXM HOLDINGS INC | 829933100 | 157,904 | $3.6M | 0.08% |
| 118 | PELOTON INTERACTIVE INC | PTON | 502,400 | $3.5M | 0.07% |
| 119 | SANDISK CORP | SNDK | 75,000 | $3.4M | 0.07% |
| 120 | DATADOG INC | DDOG | 25,024 | $3.4M | 0.07% |
| 121 | ISHARES SILVER TR | SLV | 101,800 | $3.3M | 0.07% |
| 122 | ENCORE CAP GROUP INC | ECR | 3,250,000 | $3.1M | 0.07% |
| 123 | SIDDHI ACQUISITION CORP | SDHIU | 300,000 | $3.0M | 0.06% |
| 124 | NABORS INDS INC | 62957HAL9 | 5,000,000 | $2.9M | 0.06% |
| 125 | TRIPADVISOR INC | TRIP | 210,000 | $2.7M | 0.06% |
| 126 | LUCID GROUP INC | LCID | 1,259,500 | $2.7M | 0.06% |
| 127 | REDWOOD TRUST INC | RWTQ | 2,500,000 | $2.5M | 0.05% |
| 128 | AMAZON COM INC | AMZN | 11,300 | $2.5M | 0.05% |
| 129 | ALPHABET INC | GOOG | 13,700 | $2.4M | 0.05% |
| 130 | MNTN INC | MNTN | 100,000 | $2.2M | 0.05% |
| 131 | LIONSGATE STUDIOS CORP | LION | 369,690 | $2.1M | 0.05% |
| 132 | ALIGNMENT HEALTHCARE INC | ALHC | 150,000 | $2.1M | 0.04% |
| 133 | CANTOR EQUITY PARTNERS I INC | CEPO | 175,000 | $2.1M | 0.04% |
| 134 | HINGE HEALTH INC | HNGE | 40,000 | $2.1M | 0.04% |
| 135 | EMPIRE ST RLTY TR INC | 292104106 | 250,000 | $2.0M | 0.04% |
| 136 | KARAT PACKAGING INC | KRT | 70,000 | $2.0M | 0.04% |
| 137 | CIMPRESS PLC | CMPR | 41,000 | $1.9M | 0.04% |
| 138 | MICROSOFT CORP | MSFT | 3,500 | $1.7M | 0.04% |
| 139 | APPLE INC | AAPL | 8,400 | $1.7M | 0.04% |
| 140 | GLOBAL PMTS INC | 37940X102 | 20,926 | $1.7M | 0.04% |
| 141 | WESTERN DIGITAL CORP | WDC | 26,041 | $1.7M | 0.04% |
| 142 | CANTOR EQUITY PARTNERS II IN | G1827P106 | 150,000 | $1.7M | 0.04% |
| 143 | SOUTHERN COPPER CORP | SCCO | 15,000 | $1.5M | 0.03% |
| 144 | SOUTHERN COPPER CORP | SCCO | 15,000 | $1.5M | 0.03% |
| 145 | REDWOOD TRUST INC | RWTQ | 250,000 | $1.5M | 0.03% |
| 146 | WELLTOWER INC | WELL | 9,244 | $1.4M | 0.03% |
| 147 | AGNC INVT CORP | 00123Q104 | 150,000 | $1.4M | 0.03% |
| 148 | OMADA HEALTH INC | OMDA | 75,000 | $1.4M | 0.03% |
| 149 | NIO INC | NIOIF | 377,000 | $1.3M | 0.03% |
| 150 | FIGX CAP ACQUISITION CORP. | G3473K126 | 125,000 | $1.3M | 0.03% |
| 151 | WELLTOWER INC | WELL | 7,800 | $1.2M | 0.03% |
| 152 | WELLTOWER INC | WELL | 7,800 | $1.2M | 0.03% |
| 153 | CHIME FINL INC | 16935C109 | 34,500 | $1.2M | 0.03% |
| 154 | LIVE NATION ENTERTAINMENT IN | LYV | 7,501 | $1.1M | 0.02% |
| 155 | DIGITAL RLTY TR INC | 253868103 | 6,500 | $1.1M | 0.02% |
| 156 | DIGITAL RLTY TR INC | 253868103 | 6,500 | $1.1M | 0.02% |
| 157 | MERITAGE HOMES CORP | MTH | 16,189 | $1.1M | 0.02% |
| 158 | BLACKROCK SCIENCE & TECHNOLO | BLK | 52,222 | $1.1M | 0.02% |
| 159 | PROCAP ACQUISITION CORP | PCAPW | 100,000 | $1.1M | 0.02% |
| 160 | ALLOT LTD | ALLT | 125,000 | $1.1M | 0.02% |
| 161 | VIKING HOLDINGS LTD | VIK | 20,000 | $1.1M | 0.02% |
| 162 | NEXTERA ENERGY INC | NEE-PW | 15,100 | $1.0M | 0.02% |
| 163 | NEXTERA ENERGY INC | NEE-PW | 15,100 | $1.0M | 0.02% |
| 164 | TESLA INC | TSLA | 3,183 | $1.0M | 0.02% |
| 165 | TARGET HOSPITALITY CORP | TH | 140,500 | $1.0M | 0.02% |
| 166 | MIRION TECHNOLOGIES INC | MIR | 42,998 | $925,747 | 0.02% |
| 167 | BLACKROCK TECH AND PRIVATE E | BLK | 119,957 | $880,484 | 0.02% |
| 168 | DELTA AIR LINES INC DEL | DAL | 16,500 | $811,470 | 0.02% |
| 169 | PARAMOUNT GROUP INC | 69924R108 | 125,000 | $762,500 | 0.02% |
| 170 | GAMESTOP CORP NEW | GME-WT | 28,528 | $695,798 | 0.01% |
| 171 | VOYAGER TECHNOLOGIES INC | VOYG | 17,500 | $686,875 | 0.01% |
| 172 | SOUTHWEST AIRLS CO | 844741108 | 20,000 | $648,800 | 0.01% |
| 173 | OAKTREE SPECIALTY LENDING CO | OCSL | 44,400 | $606,504 | 0.01% |
| 174 | AURORA INNOVATION INC | AUROW | 110,000 | $576,400 | 0.01% |
| 175 | DATADOG INC | DDOG | 4,000 | $537,320 | 0.01% |
| 176 | SERVICETITAN INC | TTAN | 5,000 | $535,900 | 0.01% |
| 177 | AMERICAN AIRLS GROUP INC | 02376R102 | 38,700 | $434,214 | 0.01% |
| 178 | LOAR HOLDINGS INC | LOAR | 5,000 | $430,850 | 0.01% |
| 179 | OKLO INC | OKLO | 7,500 | $419,925 | 0.01% |
| 180 | GRAB HOLDINGS LIMITED | GRABW | 72,600 | $365,178 | 0.01% |
| 181 | GRAB HOLDINGS LIMITED | GRABW | 72,600 | $365,178 | 0.01% |
| 182 | ROCKET LAB CORP | RKLB | 10,000 | $357,700 | 0.01% |
| 183 | MERITAGE HOMES CORP | MTH | 4,900 | $328,153 | 0.01% |
| 184 | MERITAGE HOMES CORP | MTH | 4,900 | $328,153 | 0.01% |
| 185 | GLOBAL PMTS INC | 37940X102 | 3,900 | $312,156 | 0.01% |
| 186 | GLOBAL PMTS INC | 37940X102 | 3,900 | $312,156 | 0.01% |
| 187 | CARIS LIFE SCIENCES INC | CAI | 11,000 | $293,920 | 0.01% |
| 188 | NVIDIA CORPORATION | NVDA | 1,821 | $287,700 | 0.01% |
| 189 | ATEGRITY SPECIALTY IN CO HO | 04681Y103 | 12,002 | $258,283 | 0.01% |
| 190 | KLAVIYO INC | KVYO | 7,500 | $251,850 | 0.01% |
| 191 | LIBERTY MEDIA CORP DEL | FWONB | 2,976 | $241,532 | 0.01% |
| 192 | AIRO GROUP HLDGS INC | 009422106 | 10,000 | $240,700 | 0.01% |
| 193 | ROCKET LAB CORP | RKLB | 6,300 | $225,351 | 0.00% |
| 194 | NEXTERA ENERGY INC | NEE-PW | 3,217 | $223,324 | 0.00% |
| 195 | AMAZON COM INC | AMZN | 1,011 | $221,803 | 0.00% |
| 196 | GALAXY DIGITAL INC. | GLXY | 10,000 | $219,000 | 0.00% |
| 197 | SLIDE INS HLDGS INC | 831349105 | 10,000 | $216,600 | 0.00% |
| 198 | ARTIUS II ACQUISITION INC | AACBU | 500,000 | $140,000 | 0.00% |
| 199 | LIVE OAK ACQUISITION CORP V | LOKVW | 200,000 | $140,000 | 0.00% |
| 200 | SIDDHI ACQUISITION CORP | SDHIU | 300,000 | $69,000 | 0.00% |
| 201 | BOLD EAGLE ACQUISITION CORP | BEAGU | 125,000 | $39,250 | 0.00% |
| 202 | WOLFSPEED INC | WOLF | 86,000 | $34,297 | 0.00% |