We are live on ! Find out more
HCM

Highbridge Capital Management Portfolio holdings

AUM $3.09B
1-Year Est. Return 31.21%
This Fund
S&P 500
This Quarter Est. Return
+16.6%
1 Year Est. Return
+31.21%
3 Year Est. Return
+54.52%
5 Year Est. Return
+78.37%
10 Year Est. Return
+191.37%
AUM
$2.3B
AUM Growth
-$158M
Cap. Flow
-$1.36B
Cap. Flow %
-59.29%
Top 10 Hldgs %
37.61%
Holding
364
New
63
Increased
22
Reduced
27
Closed
57

Top Buys

Rank Stock Value
1
HYG icon
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
+$103M
2
VRNA
Verona Pharma
VRNA
+$52.2M
3
TXNM
TXNM Energy Inc
TXNM
+$35.1M
4
GLIBK
Liberty Capital Corp Series C GCI Group Common Stock
GLIBK
+$18.5M
5
FOX icon
Fox Class B
FOX
+$15.1M

Top Sells

Rank Stock Value
1
HES
Hess
HES
+$79M
2
ALE
Allete
ALE
+$57.5M
3
AMED
Amedisys
AMED
+$33.3M
4
SKX
Skechers
SKX
+$25.2M
5
BPMC
Blueprint Medicines
BPMC
+$24.3M

Sector Composition

Rank Sector Weight
1 Communication Services 8.64%
2 Financials 3.1%
3 Healthcare 2.77%
4 Technology 2.29%
5 Consumer Staples 1.78%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IWM icon
276
iShares Russell 2000 ETF
IWM
$83B
– –
-34,000
Closed -$7.34M
LBRDK icon
277
Liberty Broadband Class C
LBRDK
$5.15B
– –
-112,815
Closed -$11.1M
LCID icon
278
Lucid Motors
LCID
$2.77B
– –
-153,799
Closed -$3.25M
LLYVK icon
279
Liberty Live Group Series C
LLYVK
$9.46B
– –
-131,960
Closed -$10.7M
MIR icon
280
Mirion Technologies
MIR
$3.91B
– –
-57,352
Closed -$1.23M
MSTR icon
281
CALL
Strategy Inc
MSTR
$38.4B
– –
-125,000
Closed -$50.5M
OEF icon
282
PUT
iShares S&P 100 ETF
OEF
$20.6B
– –
-1,750,000
Closed -$378M
SKX
283
DELISTED
Skechers
SKX
– –
-399,893
Closed -$25.2M
SPY icon
284
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$823B
– –
-70,000
Closed -$43.2M
VFS icon
285
VinFast Auto
VFS
$7.84B
– –
-180
Closed -$643
VIGL
286
DELISTED
Vigil Neuroscience
VIGL
– –
-865,036
Closed -$6.88M
WDC icon
287
Western Digital
WDC
$150B
– –
-1,000
Closed -$64K
DJT icon
288
PUT
Trump Media & Technology Group
DJT
$2.83B
– –
-300,000
Closed -$5.41M
SDST
289
Stardust Power Inc
SDST
$7.04M
– –
-89
Closed -$176
SBXD
290
SilverBox Corp IV
SBXD
$275M
– –
-948,800
Closed -$10.4M
RANGR
291
Range Capital Acquisition Corp Rights
RANGR
– –
-127,199
Closed -$31.8K
FGMCU
292
DELISTED
FG Merger II Corp Unit
FGMCU
– –
-42,219
Closed -$427K
IPEXR
293
Inflection Point Acquisition Corp V Rights
IPEXR
– –
-250,000
Closed -$85K
FOUR.PRA
294
Shift4 Payments Inc 6.00% Series A Preferred Stock
FOUR.PRA
$540M
– –
-100,000
Closed -$11.6M
CCCXU
295
DELISTED
Churchill Capital Corp X Unit
CCCXU
– –
-100,000
Closed -$1.03M
TVAIU
296
Thayer Ventures Acquisition Corporation II Unit
TVAIU
– –
-322,400
Closed -$3.28M
WENNU
297
Wen Acquisition Corp Unit
WENNU
– –
-1,000
Closed -$10.6K
PCAPU
298
ProCap Acquisition Corp Unit
PCAPU
$213M
– –
-1,000
Closed -$10.7K
OYSEU
299
Oyster Enterprises II Acquisition Corp Units
OYSEU
– –
-1,000
Closed -$10.1K
JENA.U
300
Jena Acquisition Corp II Units
JENA.U
– –
-667,999
Closed -$6.87M
9 10 11
12
13

Similar funds

CAM
Contour Asset Management New York $3.08B AUM 21.94% 1-Year Est. Return
MRCP
Maple Rock Capital Partners Toronto, Ontario, Canada $3.07B AUM 157.2% 1-Year Est. Return
ECP
Empyrean Capital Partners Los Angeles, California $3.07B AUM 34.24% 1-Year Est. Return
TCG
Tremblant Capital Group West Palm Beach, Florida $3.11B AUM 18.12% 1-Year Est. Return
PC
Paulson & Co New York $3.11B AUM 94.93% 1-Year Est. Return
CCI
Cevian Capital II St. Helier, Jersey $3.12B AUM 25.62% 1-Year Est. Return
DIG
DeepCurrents Investment Group New York $3.12B AUM 12.93% 1-Year Est. Return
CLG
Cooperman Leon G $3.05B AUM 42.78% 1-Year Est. Return

Highbridge Capital Management's Q3 2025 Portfolio in Review

As of Q3 2025, Highbridge Capital Management held 364 positions worth $2.3B, down 6.4% from $2.45B the previous quarter. Its ten largest holdings account for 38% of the portfolio.

Highbridge Capital Management withdrew a net $1.36B in Q3 2025, closing 57 positions and reducing 27 holdings. Its most notable exit was Hess, an estimated $79M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 8.6% of assets, up from 6.8% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Highbridge Capital Management opened a new position in iShares iBoxx $ High Yield Corporate Bond ETF worth $103M.

  • Highbridge Capital Management's largest Q3 2025 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 1,274,752 shares worth $103M.
  • Highbridge Capital Management added most to TXNM Energy Inc in Q3 2025, an estimated $35.1M increase.
  • Highbridge Capital Management's biggest Q3 2025 reduction was HEICO Corp Class A, cutting an estimated $20.8M.
  • Highbridge Capital Management fully exited Hess in Q3 2025, selling an estimated $79M.
  • Highbridge Capital Management's ten largest holdings make up 38% of its $2.3B portfolio in Q3 2025.
  • Highbridge Capital Management opened 63 new positions and closed 57 in Q3 2025.
  • Highbridge Capital Management's portfolio value fell 6.4% quarter-over-quarter to $2.3B.

Based on Highbridge Capital Management's 13F filing for Q3 2025, filed 10 Nov 2025.