We are live on
!
Find out more
LCM
Laurion Capital Management Portfolio holdings
AUM
$2.29B
1-Year Est. Return
75.73%
This Fund
S&P 500
This Quarter
Est. Return
+21%
1 Year Est. Return
+75.73%
3 Year Est. Return
+162.63%
5 Year Est. Return
+130.38%
10 Year Est. Return
+388.8%
AUM
$2.69B
AUM Growth
-$3.13B
(-54%)
Cap. Flow
-$3.39B
Cap. Flow
% of AUM
-126.08%
Top 10 Holdings %
Top 10 Hldgs %
46.1%
Holding
425
New
193
Increased
27
Reduced
64
Closed
119
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$130M |
| 2 |
Apple
AAPL
|
+$92.7M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$89M |
| 4 |
EA
Electronic Arts
EA
|
+$53.9M |
| 5 |
Warner Bros
WBD
|
+$53.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BridgeBio Pharma
BBIO
|
+$23.1M |
| 2 |
Texas Instruments
TXN
|
+$19M |
| 3 |
Mastercard
MA
|
+$16.8M |
| 4 |
Blackrock
BLK
|
+$15.5M |
| 5 |
Wells Fargo
WFC
|
+$12.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 15.3% |
| 2 | Healthcare | 13.97% |
| 3 | Technology | 10.75% |
| 4 | Industrials | 5.38% |
| 5 | Financials | 2.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
KKR & Co
KKR
$93.2B
| $13.9K | ﹤0.01% |
109
-51,453
| -100% | -$6.4M |
|
|
SPWRW
302
SunPower Inc Warrants
SPWRW
$761K
| $3.38K | ﹤0.01% |
12,500
| – | – |
|
|
TBLAW
303
DELISTED
Taboola.com Ltd Warrant
TBLAW
| $3.11K | ﹤0.01% |
85,000
| – | – |
|
304
PUT
AbbVie
ABBV
$438B
| – | – |
-1,055,000
| Closed | -$244M |
|
305
CALL
Airbnb
ABNB
$111B
| – | – |
-13,700
| Closed | -$1.66M |
|
306
CALL
Amazon
AMZN
$3T
| – | – |
-59,300
| Closed | -$13M |
|
|
307
Amazon
AMZN
$3T
| – | – |
-41,892
| Closed | -$9.2M |
|
|
308
PUT
Amazon
AMZN
$3T
| – | – |
-199,600
| Closed | -$43.8M |
|
309
CALL
Apollo Global Management
APO
$76B
| – | – |
-900
| Closed | -$120K |
|
|
310
Apollo Global Management
APO
$76B
| – | – |
-5,901
| Closed | -$786K |
|
|
311
PUT
Apollo Global Management
APO
$76B
| – | – |
-18,500
| Closed | -$2.47M |
|
312
Ares Management
ARES
$31B
| – | – |
-7,375
| Closed | -$1.18M |
|
313
CALL
ASML
ASML
$666B
| – | – |
-4,500
| Closed | -$4.36M |
|
|
314
ASML
ASML
$666B
| – | – |
-2,008
| Closed | -$1.94M |
|
315
Bank of America
BAC
$447B
| – | – |
-30,083
| Closed | -$1.59M |
|
316
CALL
Booking.com
BKNG
$160B
| – | – |
-10,000
| Closed | -$2.16M |
|
|
317
Booking.com
BKNG
$160B
| – | – |
-42,950
| Closed | -$9.28M |
|
|
318
PUT
Booking.com
BKNG
$160B
| – | – |
-92,500
| Closed | -$20M |
|
|
319
CALL
Blackrock
BLK
$175B
| – | – |
-12,100
| Closed | -$14.1M |
|
|
320
Blackrock
BLK
$175B
| – | – |
-13,315
| Closed | -$15.5M |
|
|
321
PUT
Blackrock
BLK
$175B
| – | – |
-178,600
| Closed | -$208M |
|
322
CALL
Citigroup
C
$227B
| – | – |
-164,800
| Closed | -$16.7M |
|
323
CALL
Carnival Corporation Ltd
CCL
$38B
| – | – |
-100
| Closed | -$2.89K |
|
|
324
Carnival Corporation Ltd
CCL
$38B
| – | – |
-12,400
| Closed | -$358K |
|
|
325
PUT
Carnival Corporation Ltd
CCL
$38B
| – | – |
-62,900
| Closed | -$1.82M |
|
Similar funds
AFM
GCP
LCM
MAP
MA
NSAM
ABI
OCM
Laurion Capital Management's Q4 2025 Portfolio in Review
As of Q4 2025, Laurion Capital Management held 425 positions worth $2.69B, down 54% from $5.82B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
Laurion Capital Management withdrew a net $3.39B in Q4 2025, closing 119 positions and reducing 64 holdings. Its most notable exit was Mastercard, an estimated $16.8M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 15% of assets, up from 1% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Laurion Capital Management opened a new position in Alphabet (Google) Class A worth $143M.
- Laurion Capital Management's largest Q4 2025 buy was Alphabet (Google) Class A: 456,343 shares worth $143M.
- Laurion Capital Management added most to Alphabet (Google) Class C in Q4 2025, an estimated $89M increase.
- Laurion Capital Management's biggest Q4 2025 reduction was BridgeBio Pharma, cutting an estimated $23.1M.
- Laurion Capital Management fully exited Mastercard in Q4 2025, selling an estimated $16.8M.
- Laurion Capital Management's ten largest holdings make up 46% of its $2.69B portfolio in Q4 2025.
- Laurion Capital Management opened 193 new positions and closed 119 in Q4 2025.
- Laurion Capital Management's portfolio value fell 54% quarter-over-quarter to $2.69B.
Based on Laurion Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.