We are live on ! Find out more
KCM

Kingdon Capital Management Portfolio holdings

AUM $911M
1-Year Est. Return 51.11%
This Fund
S&P 500
This Quarter Est. Return
+8.9%
1 Year Est. Return
+51.11%
3 Year Est. Return
+185.44%
5 Year Est. Return
+284.29%
10 Year Est. Return
+2,022.7%
AUM
$841M
AUM Growth
+$35.5M
Cap. Flow
-$292K
Cap. Flow %
-0.03%
Top 10 Hldgs %
34.01%
Holding
103
New
26
Increased
16
Reduced
15
Closed
35

Top Buys

Rank Stock Value
1
KEYS icon
Keysight
KEYS
+$24.1M
2
BABA icon
Alibaba
BABA
+$16.3M
3
AMD icon
Advanced Micro Devices
AMD
+$15.7M
4
WRBY icon
Warby Parker
WRBY
+$15.3M
5
WAY
Waystar Holding Corp
WAY
+$14.8M

Top Sells

Rank Stock Value
1
MOH icon
Molina Healthcare
MOH
+$21.1M
2
EW icon
Edwards Lifesciences
EW
+$19.6M
3
HUM icon
Humana
HUM
+$18.4M
4
BLDR icon
Builders FirstSource
BLDR
+$18.2M
5
GMED icon
Globus Medical
GMED
+$14.8M

Sector Composition

Rank Sector Weight
1 Healthcare 21.74%
2 Technology 18.21%
3 Industrials 13.44%
4 Consumer Discretionary 5.25%
5 Consumer Staples 3.42%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
USFD icon
51
US Foods
USFD
$24B
$6.4M 0.76%
+85,000
New +$6.38M
FLEX icon
52
Flex
FLEX
$44.8B
$5.74M 0.68%
95,000
-80,000
-46% -$4.94M
HIMS icon
53
Hims & Hers Health
HIMS
$7.31B
$5.52M 0.66%
+170,000
New +$7.28M
PRM icon
54
Perimeter Solutions
PRM
$5.77B
$5.51M 0.65%
+200,000
New +$5.05M
ZVRA icon
55
Zevra Therapeutics
ZVRA
$686M
$5.24M 0.62%
585,069
-64,931
-10% -$614K
WDC icon
56
Western Digital
WDC
$150B
$5.17M 0.61%
30,000
-30,000
-50% -$4.55M
TTEK icon
57
Tetra Tech
TTEK
$9.07B
$5.03M 0.6%
150,000
-25,000
-14% -$845K
TAN icon
58
Invesco Solar ETF
TAN
$1.49B
$4.91M 0.58%
+100,000
New +$4.82M
OKTA icon
59
Okta
OKTA
$25.8B
$4.76M 0.57%
+55,000
New +$4.8M
ITRI icon
60
Itron
ITRI
$4.54B
$4.64M 0.55%
50,000
– –
CCB icon
61
Coastal Financial
CCB
$693M
$4.58M 0.54%
+40,000
New +$4.36M
CW icon
62
Curtiss-Wright
CW
$25.5B
$3.86M 0.46%
7,000
-10,500
-60% -$5.86M
AIR icon
63
AAR Corp
AIR
$5.76B
$3.31M 0.39%
+40,000
New +$3.31M
PCT icon
64
PureCycle Technologies
PCT
$1.45B
$1.72M 0.2%
200,000
-353,000
-64% -$3.75M
NB
65
NioCorp Developments
NB
$780M
$1.67M 0.2%
314,465
– –
ELDN icon
66
Eledon Pharmaceuticals
ELDN
$285M
$1.57M 0.19%
+1,039,275
New +$2.47M
INFY icon
67
PUT
Infosys
INFY
$50.7B
$1.27M 0.15%
+71,500
New +$1.24M
NVNO
68
enVVeno Medical
NVNO
$7.08M
$406K 0.05%
36,167
-2,669
-7% -$51.9K
BLDR icon
69
Builders FirstSource
BLDR
$8.04B
– –
-150,000
Closed -$18.2M
BN icon
70
Brookfield
BN
$108B
– –
-90,000
Closed -$4.11M
BX icon
71
PUT
Blackstone
BX
$110B
– –
-60,000
Closed -$10.3M
CNM icon
72
Core & Main
CNM
$8.71B
– –
-150,000
Closed -$8.07M
CVNA icon
73
Carvana
CVNA
$77.9B
– –
-12,500
Closed -$943K
ETR icon
74
Entergy
ETR
$50B
– –
-115,000
Closed -$10.7M
EW icon
75
Edwards Lifesciences
EW
$51.7B
– –
-251,400
Closed -$19.6M
1 2
3
4 5

Similar funds

GC
Greenvale Capital London, United Kingdom $912M AUM 34.2% 1-Year Est. Return
ICP
Ironvine Capital Partners Omaha, Nebraska $910M AUM 10.64% 1-Year Est. Return
SAA
Southeast Asset Advisors Thomasville, Georgia $913M AUM 25.32% 1-Year Est. Return
GIG
Goodnow Investment Group Darien, Connecticut $913M AUM 11.84% 1-Year Est. Return
SI
Symmetry Investments St Helier, Jersey $913M AUM 30.59% 1-Year Est. Return
PAMI
Perseverance Asset Management International George Town, Cayman Islands $909M AUM 17.42% 1-Year Est. Return
BDP
Brehaut David Pascal $908M AUM
PTC
Petrus Trust Company Dallas, Texas $915M AUM 2.95% 1-Year Est. Return

Kingdon Capital Management's Q4 2025 Portfolio in Review

As of Q4 2025, Kingdon Capital Management held 103 positions worth $841M, up 4.4% from $806M the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Kingdon Capital Management's Q4 2025 filing shows 26 new, 16 increased, 15 reduced and 35 closed positions. Its largest new stake was Keysight: 130,000 shares worth $26.4M. The largest sale was Molina Healthcare, an estimated $21.1M.

By sector, the portfolio is most concentrated in Healthcare at 22% of assets, down from 22% a quarter earlier, followed by Technology and Industrials.

  • Kingdon Capital Management's largest Q4 2025 buy was Keysight: 130,000 shares worth $26.4M.
  • Kingdon Capital Management added most to Warby Parker in Q4 2025, an estimated $15.3M increase.
  • Kingdon Capital Management's biggest Q4 2025 reduction was Curtiss-Wright, cutting an estimated $5.86M.
  • Kingdon Capital Management fully exited Molina Healthcare in Q4 2025, selling an estimated $21.1M.
  • Kingdon Capital Management's ten largest holdings make up 34% of its $841M portfolio in Q4 2025.
  • Kingdon Capital Management opened 26 new positions and closed 35 in Q4 2025.
  • Kingdon Capital Management's portfolio value rose 4.4% quarter-over-quarter to $841M.

Based on Kingdon Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.