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
+21.59%
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
$352M
AUM Growth
-$80.6M
(-19%)
Cap. Flow
-$89.6M
Cap. Flow
% of AUM
-25.42%
Top 10 Holdings %
Top 10 Hldgs %
82.25%
Holding
49
New
13
Increased
4
Reduced
9
Closed
22
Avg Time Held Equity + Options
0.7
years
Top 10 Avg Time Held Equity + Options
0.2
years
Top 20 Avg Time Held Equity + Options
0.3
years
Avg Time Held Equity only
0.8
years
Top 10 Avg Time Held Equity only
0.3
years
Top 20 Avg Time Held Equity only
0.4
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Exact Sciences
EXAS
|
+$27.9M |
| 2 |
TEGNA Inc
TGNA
|
+$26.6M |
| 3 |
Hologic
HOLX
|
+$21M |
| 4 |
Confluent
CFLT
|
+$17.5M |
| 5 |
SunocoCorp LLC
SUNC
|
+$5.43M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Kellanova
K
|
+$36.9M |
| 2 |
Interpublic Group of Companies
IPG
|
+$35.7M |
| 3 |
VRNA
Verona Pharma
VRNA
|
+$24.9M |
| 4 |
Mr. Cooper
COOP
|
+$24.2M |
| 5 |
Frontier Communications
FYBR
|
+$14.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 23.06% |
| 2 | Technology | 18.16% |
| 3 | Healthcare | 16.92% |
| 4 | Energy | 15.54% |
| 5 | Communication Services | 13.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Bristow Group
VTOL
$1.17B
| $47.5M | 13.49% |
1,297,674
-24,886
| -2% | -$937K |
2021 Q1
19 quarters
|
|
2
PUT
iShares S&P 100 ETF
OEF
$20.6B
| $45.5M | 12.93% |
185,000
-15,000
| -8% | -$5.1M |
2025 Q2
2 quarters
|
|
|
3
DELISTED
Exact Sciences
EXAS
| $35.3M | 10.03% |
+347,864
| New | +$27.9M |
2025 Q4
0 quarters
|
|
4
DELISTED
CyberArk
CYBR
| $31.8M | 9.03% |
71,333
-18,421
| -21% | -$8.87M |
2025 Q3
1 quarter
|
|
|
5
DELISTED
TEGNA Inc
TGNA
| $26.1M | 7.41% |
+1,344,750
| New | +$26.6M |
2025 Q4
0 quarters
|
|
|
6
DELISTED
Hologic
HOLX
| $23.8M | 6.76% |
319,935
+287,262
| +879% | +$21M |
2025 Q2
2 quarters
|
|
7
CBL Properties
CBL
$1.48B
| $22M | 6.26% |
595,701
-24,489
| -4% | -$799K |
2023 Q4
8 quarters
|
|
|
8
DELISTED
Confluent
CFLT
| $21.6M | 6.13% |
+714,187
| New | +$17.5M |
2025 Q4
0 quarters
|
|
9
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$811B
| $18.1M | 5.13% |
26,500
+6,500
| +33% | +$4.39M |
2025 Q1
3 quarters
|
|
10
EchoStar
ECHO
$25.5B
| $17.9M | 5.09% |
164,915
-78,675
| -32% | -$6.41M |
2025 Q2
2 quarters
|
|
11
Global Net Lease
GNL
$1.75B
| $10.8M | 3.07% |
1,255,986
-920,986
| -42% | -$7.38M |
2024 Q4
4 quarters
|
|
12
CALL
Kimberly-Clark
KMB
$32.9B
| $10.1M | 2.86% |
+100,000
| New | +$10.9M |
2025 Q4
0 quarters
|
|
13
Viasat
VSAT
$8.33B
| $6.2M | 1.76% |
180,000
+40,000
| +29% | +$1.41M |
2025 Q1
3 quarters
|
|
14
DELISTED
Anywhere Real Estate
HOUS
| $5.84M | 1.66% |
412,400
-387,600
| -48% | -$4.75M |
2025 Q3
1 quarter
|
|
|
15
SunocoCorp LLC
SUNC
$3.76B
| $5.31M | 1.51% |
+107,747
| New | +$5.43M |
2025 Q4
0 quarters
|
|
16
CALL
Protagonist Therapeutics
PTGX
$8.86B
| $4.37M | 1.24% |
+50,000
| New | +$4.09M |
2025 Q4
0 quarters
|
|
17
Qualcomm
QCOM
$184B
| $3.92M | 1.11% |
+22,909
| New | +$3.93M |
2025 Q4
0 quarters
|
|
18
Unifirst Corp
UNF
$4.66B
| $3.45M | 0.98% |
+17,886
| New | +$3.02M |
2025 Q4
0 quarters
|
|
19
CALL
Skyworks Solutions
SWKS
$18B
| $3.17M | 0.9% |
+50,000
| New | +$3.49M |
2025 Q4
0 quarters
|
|
20
DELISTED
Treehouse Foods
THS
| $2.88M | 0.82% |
+122,000
| New | +$2.66M |
2025 Q4
0 quarters
|
|
21
Shutterstock
SSTK
$150M
| $2.27M | 0.64% |
118,801
+92,356
| +349% | +$1.97M |
2025 Q1
3 quarters
|
|
22
Enerflex
EFXT
$3.18B
| $1.94M | 0.55% |
125,531
-119,800
| -49% | -$1.59M |
2024 Q1
7 quarters
|
|
23
Optimum Communications Inc
OPTU
$329M
| $1.09M | 0.31% |
662,759
-376,704
| -36% | -$767K |
2024 Q2
6 quarters
|
|
|
24
Protagonist Therapeutics
PTGX
$8.86B
| $437K | 0.12% |
+5,000
| New | +$409K |
2025 Q4
0 quarters
|
|
25
Marvell Technology
MRVL
$226B
| $425K | 0.12% |
+5,000
| New | +$438K |
2025 Q4
0 quarters
|
|
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Taconic Capital Advisors's Q4 2025 Portfolio in Review
As of Q4 2025, Taconic Capital Advisors held 49 positions worth $352M, down 19% from $433M the previous quarter. Its ten largest holdings account for 82% of the portfolio.
Taconic Capital Advisors withdrew a net $89.6M in Q4 2025, closing 22 positions and reducing 9 holdings. Its most notable exit was Kellanova, an estimated $36.9M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 23% of assets, up from 22% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Taconic Capital Advisors opened a new position in Exact Sciences worth $35.3M.
- Taconic Capital Advisors's largest Q4 2025 buy was Exact Sciences: 347,864 shares worth $35.3M.
- Taconic Capital Advisors added most to Hologic in Q4 2025, an estimated $21M increase.
- Taconic Capital Advisors's biggest Q4 2025 reduction was CyberArk, cutting an estimated $8.87M.
- Taconic Capital Advisors fully exited Kellanova in Q4 2025, selling an estimated $36.9M.
- Taconic Capital Advisors's ten largest holdings make up 82% of its $352M portfolio in Q4 2025.
- Taconic Capital Advisors opened 13 new positions and closed 22 in Q4 2025.
- Taconic Capital Advisors's portfolio value fell 19% quarter-over-quarter to $352M.
Based on Taconic Capital Advisors's 13F filing for Q4 2025, filed 17 Feb 2026.