TCA
Taconic Capital Advisors Portfolio holdings
AUM
$212M
Turnover
59.09%
1-Year Est. Return
100.15%
This Fund
S&P 500
This Quarter
Est. Return
+30.75%
1 Year Est. Return
+100.15%
3 Year Est. Return
+273.22%
5 Year Est. Return
+348.02%
10 Year Est. Return
+1,268.69%
AUM
$433M
AUM Growth
-$807M
(-65%)
Cap. Flow
-$567M
Cap. Flow
% of AUM
-131.08%
Top 10 Holdings %
Top 10 Hldgs %
71.39%
Holding
82
New
13
Increased
7
Reduced
13
Closed
46
Avg Time Held Equity + Options
0.8
years
Top 10 Avg Time Held Equity + Options
0.2
years
Top 20 Avg Time Held Equity + Options
0.4
years
Avg Time Held Equity only
1.1
years
Top 10 Avg Time Held Equity only
0.3
years
Top 20 Avg Time Held Equity only
0.6
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CyberArk
CYBR
|
+$38.5M |
| 2 |
VRNA
Verona Pharma
VRNA
|
+$24.3M |
| 3 |
Mr. Cooper
COOP
|
+$21.2M |
| 4 |
Interpublic Group of Companies
IPG
|
+$16.9M |
| 5 |
Merus
MRUS
|
+$9.45M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Hess
HES
|
+$158M |
| 2 |
Ansys
ANSS
|
+$157M |
| 3 |
Juniper Networks
JNPR
|
+$126M |
| 4 |
Core Scientific
CORZ
|
+$59.8M |
| 5 |
Frontier Communications
FYBR
|
+$44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.01% |
| 2 | Communication Services | 16.55% |
| 3 | Energy | 12.03% |
| 4 | Technology | 11.88% |
| 5 | Real Estate | 10.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Bristow Group
VTOL
$1.17B
| $47.7M | 11.02% |
1,322,560
-8,513
| -0.6% | -$312K |
2021 Q1
18 quarters
|
|
|
2
DELISTED
CyberArk
CYBR
| $43.4M | 10.02% |
+89,754
| New | +$38.5M |
2025 Q3
0 quarters
|
|
3
PUT
DELISTED
Kellanova
K
| $41M | 9.48% |
+500,200
| New | +$39.8M |
2025 Q3
0 quarters
|
|
|
4
DELISTED
Kellanova
K
| $36.9M | 8.52% |
449,762
-140,780
| -24% | -$11.2M |
2025 Q2
1 quarter
|
|
|
5
DELISTED
Interpublic Group of Companies
IPG
| $35.7M | 8.25% |
1,279,463
+655,277
| +105% | +$16.9M |
2025 Q1
2 quarters
|
|
|
VRNA
6
DELISTED
Verona Pharma
VRNA
| $24.9M | 5.74% |
+232,930
| New | +$24.3M |
2025 Q3
0 quarters
|
|
|
7
DELISTED
Mr. Cooper
COOP
| $24.2M | 5.6% |
+114,900
| New | +$21.2M |
2025 Q3
0 quarters
|
|
8
CBL Properties
CBL
$1.48B
| $19M | 4.38% |
620,190
+24,890
| +4% | +$725K |
2023 Q4
7 quarters
|
|
9
EchoStar
ECHO
$25.6B
| $18.6M | 4.3% |
243,590
-38,000
| -13% | -$1.72M |
2025 Q2
1 quarter
|
|
10
Global Net Lease
GNL
$1.74B
| $17.7M | 4.09% |
2,176,972
+95,000
| +5% | +$725K |
2024 Q4
3 quarters
|
|
11
PUT
iShares S&P 100 ETF
OEF
$20.6B
| $16.2M | 3.75% |
200,000
-170,000
| -46% | -$54.1M |
2025 Q2
1 quarter
|
|
|
12
DELISTED
Frontier Communications
FYBR
| $14.3M | 3.29% |
381,865
-1,189,235
| -76% | -$44M |
2021 Q2
17 quarters
|
|
|
13
DELISTED
Merus
MRUS
| $13.7M | 3.15% |
+145,000
| New | +$9.45M |
2025 Q3
0 quarters
|
|
14
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$813B
| $13.3M | 3.08% |
20,000
-269,400
| -93% | -$173M |
2025 Q1
2 quarters
|
|
15
DELISTED
Anywhere Real Estate
HOUS
| $8.47M | 1.96% |
+800,000
| New | +$4.7M |
2025 Q3
0 quarters
|
|
16
CALL
Rocket Companies
RKT
$29.8B
| $6.82M | 1.57% |
+351,700
| New | +$6.13M |
2025 Q3
0 quarters
|
|
17
Boeing
BA
$146B
| $5.83M | 1.35% |
27,000
+19,750
| +272% | +$4.45M |
2025 Q2
1 quarter
|
|
18
PUT
Teck Resources
TECK
$31.8B
| $4.39M | 1.01% |
+100,000
| New | +$3.63M |
2025 Q3
0 quarters
|
|
19
Viasat
VSAT
$8.5B
| $4.1M | 0.95% |
140,000
+32,237
| +30% | +$771K |
2025 Q1
2 quarters
|
|
20
CALL
Palo Alto Networks
PANW
$307B
| $4.07M | 0.94% |
+20,000
| New | +$3.83M |
2025 Q3
0 quarters
|
|
|
21
Core Scientific
CORZ
$4.34B
| $3.96M | 0.92% |
221,003
-4,080,481
| -95% | -$59.8M |
2024 Q2
5 quarters
|
|
22
CALL
CSX Corp
CSX
$89.4B
| $3.55M | 0.82% |
+100,000
| New | +$3.41M |
2025 Q3
0 quarters
|
|
23
CALL
Kenvue
KVUE
$34.6B
| $3.25M | 0.75% |
+200,000
| New | +$4.08M |
2025 Q3
0 quarters
|
|
24
Performance Food Group
PFGC
$14.9B
| $3.12M | 0.72% |
+30,000
| New | +$3M |
2025 Q3
0 quarters
|
|
|
25
CSX Corp
CSX
$89.4B
| $2.84M | 0.66% |
80,000
+55,000
| +220% | +$1.88M |
2025 Q2
1 quarter
|
|
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Taconic Capital Advisors's Q3 2025 Portfolio in Review
As of Q3 2025, Taconic Capital Advisors held 82 positions worth $433M, down 65% from $1.24B the previous quarter. Its ten largest holdings account for 71% of the portfolio.
Taconic Capital Advisors withdrew a net $567M in Q3 2025, closing 46 positions and reducing 13 holdings. Its most notable exit was Hess, an estimated $158M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, down from 30% a quarter earlier, followed by Communication Services and Energy.
Against the trend, Taconic Capital Advisors opened a new position in CyberArk worth $43.4M.
- Taconic Capital Advisors's largest Q3 2025 buy was CyberArk: 89,754 shares worth $43.4M.
- Taconic Capital Advisors added most to Interpublic Group of Companies in Q3 2025, an estimated $16.9M increase.
- Taconic Capital Advisors's biggest Q3 2025 reduction was Core Scientific, cutting an estimated $59.8M.
- Taconic Capital Advisors fully exited Hess in Q3 2025, selling an estimated $158M.
- Taconic Capital Advisors's ten largest holdings make up 71% of its $433M portfolio in Q3 2025.
- Taconic Capital Advisors opened 13 new positions and closed 46 in Q3 2025.
- Taconic Capital Advisors's portfolio value fell 65% quarter-over-quarter to $433M.
Based on Taconic Capital Advisors's 13F filing for Q3 2025, filed 14 Nov 2025.