Institutional Manager · CIK 0001346554
TENOR CAPITAL MANAGEMENT Co., L.P.
NEW YORK, NY · File #028-11620
Latest AUM
$7.10B
Positions
438
Top-10 Concentration
38.3%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | SEAGATE HDD CAYMAN | SE | -162,927,000 | -$549.4M | +$85.7M |
| EXITED | DEXCOM INC | 252131AK3 | -191,713,000 | -$190.8M | $0 |
| EXITED | NOVOCURE LTD | 67011XAB9 | -116,000,000 | -$115.4M | $0 |
| EXITED | GRANITE CONSTR INC | 387328AD9 | -38,000,000 | -$92.3M | $0 |
| EXITED | VERINT SYSTEMS INC | 92343XAC4 | -82,309,000 | -$81.1M | $0 |
| EXITED | FIVERR INTL LTD | 33835LAA3 | -78,000,000 | -$77.7M | $0 |
| EXITED | PROS HOLDINGS INC | 74346YAK9 | -56,854,000 | -$74.0M | $0 |
| ADD | SHAKE SHACK INC | SHAK | +72,528,000 | +$68.5M | -$317,832 |
| EXITED | VIAVI SOLUTIONS INC | 925550AH8 | -57,142,000 | -$60.4M | $0 |
| REDUCE | IONIS PHARMACEUTICALS INC | IONS | -40,700,000 | -$55.9M | +$9.3M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025438 pos · $7.10B
- 13F HOLDINGS REPORTQ/E Sep 2025398 pos · $7.61B
- 13F HOLDINGS REPORTQ/E Jun 2025363 pos · $7.41B
- 13F HOLDINGS REPORTQ/E Mar 2025302 pos · $7.02B
- 13F HOLDINGS REPORTQ/E Dec 2024291 pos · $7.13B
- 13F HOLDINGS REPORTQ/E Sep 2024292 pos · $7.13B
- 13F HOLDINGS REPORTQ/E Jun 2024310 pos · $6.37B
- 13F HOLDINGS REPORTQ/E Mar 2024349 pos · $6.27B
- 13F HOLDINGS REPORTQ/E Dec 2023390 pos · $4.68B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | INTERDIGITAL INC | IDCC | 80,000,000 | $331.3M | 7.22% |
| 2 | LUMENTUM HLDGS INC | LITE | 55,100,000 | $204.6M | 4.46% |
| 3 | RINGCENTRAL INC | RNG | 203,500,000 | $201.6M | 4.39% |
| 4 | TELADOC HEALTH INC | TDOC | 188,653,000 | $180.1M | 3.92% |
| 5 | AKAMAI TECHNOLOGIES INC | AKAM | 171,514,000 | $173.1M | 3.77% |
| 6 | BENTLEY SYS INC | BSY | 151,995,000 | $151.8M | 3.31% |
| 7 | JAMF HLDG CORP | 47074LAB1 | 150,000,000 | $148.2M | 3.23% |
| 8 | UNITY SOFTWARE INC | U | 135,378,000 | $130.8M | 2.85% |
| 9 | CONMED CORP | CNMD | 125,020,000 | $120.1M | 2.62% |
| 10 | HAEMONETICS CORP MASS | HAE | 119,217,000 | $118.3M | 2.58% |
| 11 | CLOUDFLARE INC | NET | 100,000,000 | $117.5M | 2.56% |
| 12 | TRIPADVISOR INC | TRIP | 115,893,000 | $114.6M | 2.50% |
| 13 | BIOMARIN PHARMACEUTICAL INC | BMRN | 116,500,000 | $112.2M | 2.45% |
| 14 | SHAKE SHACK INC | SHAK | 109,600,000 | $103.5M | 2.25% |
| 15 | CONFLUENT INC | 20717MAB9 | 105,606,000 | $102.9M | 2.24% |
| 16 | JBT MAREL CORPORATION | JBTM | 98,188,000 | $101.0M | 2.20% |
| 17 | IRHYTHM TECHNOLOGIES INC | IRTC | 68,554,000 | $96.4M | 2.10% |
| 18 | DAYFORCE INC | 15677JAD0 | 92,081,000 | $91.4M | 1.99% |
| 19 | TRANSMEDICS GROUP INC | TMDX | 60,000,000 | $90.0M | 1.96% |
| 20 | NEOGENOMICS INC | NEO | 98,050,000 | $88.0M | 1.92% |