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
+7.61%
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
$3.14B
AUM Growth
+$841M
Cap. Flow
+$630M
Cap. Flow %
20.09%
Top 10 Hldgs %
47.21%
Holding
351
New
83
Increased
35
Reduced
28
Closed
54

Top Buys

Rank Stock Value
1
EA icon
Electronic Arts
EA
+$106M
2
ELME
Elme Communities
ELME
+$95.6M
3
CYBR
CyberArk
CYBR
+$62.9M
4
NGD
New Gold Inc
NGD
+$47M
5
HOLX
Hologic
HOLX
+$44.7M

Top Sells

Rank Stock Value
1
HYG icon
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
+$103M
2
VRNA
Verona Pharma
VRNA
+$53.4M
3
TXNM
TXNM Energy Inc
TXNM
+$36.7M
4
K
Kellanova
K
+$23.2M
5
CCCX
Churchill Capital Corp X
CCCX
+$17.8M

Sector Composition

Rank Sector Weight
1 Communication Services 10.46%
2 Healthcare 7.11%
3 Financials 5.38%
4 Industrials 4.56%
5 Real Estate 3.44%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BGLWW
126
Blue Gold Ltd Warrant
BGLWW
$518K
– –
0
– –
AIIA.RT
127
AI Infrastructure Acquisition Corp Rights
AIIA.RT
$175K 0.01%
+674,389
New +$180K
LEGT.WS
128
DELISTED
Legato Merger Corp III Warrants
LEGT.WS
– –
0
– –
BDMD
129
Baird Medical Investment Holdings
BDMD
$37.7M
$170K 0.01%
125,000
– –
MBVIW
130
M3-Brigade Acquisition VI Corp Warrant
MBVIW
– –
0
– –
APXTW
131
Apex Treasury Corp Warrants
APXTW
$5.17M
– –
0
– –
ESHAR
132
DELISTED
ESH Acquisition Corp Right
ESHAR
$165K 0.01%
803,560
+26,855
+3% +$5.28K
DMAAR
133
Drugs Made In America Acquisition Corp Rights
DMAAR
$162K 0.01%
1,024,112
+40,512
+4% +$7.86K
BAYAR
134
DELISTED
Bayview Acquisition Corp Right
BAYAR
$160K 0.01%
809,082
– –
BRRWW
135
ProCap Financial Inc
BRRWW
$2.57M
– –
0
– –
HPAI
136
Helport AI
HPAI
$17.5M
$157K 0.01%
37,375
– –
NMPAR
137
NMP Acquisition Corp Right
NMPAR
$147K ﹤0.01%
731,280
+500
+0.1% +$117
ALCYW
138
DELISTED
Alchemy Investments Acquisition Corp 1 Warrants
ALCYW
– –
0
– –
QUMSR
139
Quantumsphere Acquisition Corp Rights
QUMSR
$144K ﹤0.01%
684,037
-15,963
-2% -$4.16K
OPEN icon
140
Opendoor
OPEN
$3.34B
$143K ﹤0.01%
+24,540
New +$176K
GTERR
141
Globa Terra Acquisition Corp Rights
GTERR
$139K ﹤0.01%
1,066,316
-184,752
-15% -$29.5K
SSEAR
142
Starry Sea Acquisition Corp Rights
SSEAR
$133K ﹤0.01%
+466,132
New +$121K
APADR
143
DELISTED
A Paradise Acquisition Corp Rights
APADR
$133K ﹤0.01%
530,657
-69,343
-12% -$15.9K
VACHW
144
DELISTED
Voyager Acquisition Corp Warrants
VACHW
– –
0
– –
FLDDW
145
Fold Holdings Warrant
FLDDW
$959K
– –
0
– –
AAM.WS
146
DELISTED
AA Mission Acquisition Corp Warrants
AAM.WS
– –
0
– –
CAPNR
147
Cayson Acquisition Corp Right
CAPNR
$123K ﹤0.01%
540,845
+832
+0.2% +$161
SDHIR
148
Siddhi Acquisition Corp Right
SDHIR
$121K ﹤0.01%
483,666
-67,246
-12% -$17.5K
TVAIR
149
Thayer Ventures Acquisition Corporation II Rights
TVAIR
$119K ﹤0.01%
564,913
– –
BACCR
150
Blue Acquisition Corp Right
BACCR
$116K ﹤0.01%
385,733
-249,267
-39% -$66.5K
4 5
6
7 8

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 Q4 2025 Portfolio in Review

As of Q4 2025, Highbridge Capital Management held 351 positions worth $3.14B, up 37% from $2.3B the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Highbridge Capital Management deployed $630M of net new capital in Q4 2025, opening 83 new positions and adding to 35 existing holdings. Its largest new stake was Elme Communities: 5,638,128 shares worth $98.1M.

By sector, the portfolio is most concentrated in Communication Services at 10% of assets, up from 8.6% a quarter earlier, followed by Healthcare and Financials.

On the sell side, the largest reduction was Churchill Capital Corp X, an estimated $17.8M trimmed.

  • Highbridge Capital Management's largest Q4 2025 buy was Elme Communities: 5,638,128 shares worth $98.1M.
  • Highbridge Capital Management added most to Electronic Arts in Q4 2025, an estimated $106M increase.
  • Highbridge Capital Management's biggest Q4 2025 reduction was Churchill Capital Corp X, cutting an estimated $17.8M.
  • Highbridge Capital Management fully exited iShares iBoxx $ High Yield Corporate Bond ETF in Q4 2025, selling an estimated $103M.
  • Highbridge Capital Management's ten largest holdings make up 47% of its $3.14B portfolio in Q4 2025.
  • Highbridge Capital Management opened 83 new positions and closed 54 in Q4 2025.
  • Highbridge Capital Management's portfolio value rose 37% quarter-over-quarter to $3.14B.

Based on Highbridge Capital Management's 13F filing for Q4 2025, filed 11 Feb 2026.