Filed: 8/13/2025ACC: 0001011443-25-000031
📋 What this filing means
HBK INVESTMENTS L P filed this quarterly 13F‑HR report disclosing 168 equity positions with a total reported market value of $4.72B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
168
Positions
$4.72B
Total AUM (reported)
614.99M
Total Shares
Allocation by class
COM$1.87B39.7%
TR UNIT$548.16M11.6%
GOLD SHS$203.38M4.3%
SHS BEN INT$197.51M4.2%
CL A$186.20M3.9%
CL A NEW$147.83M3.1%
S&P OILGAS EXP$119.80M2.5%
Portfolio Concentration
Top 3$2.00B42.3%
4–10$700.17M14.8%
11–25$752.09M15.9%
Rest$1.27B26.9%
Top 3 weight
42.3%
Top 10 weight
57.2%
Voting Authority Distribution
Total shares with voting rights: 614.99M
Sole
Full voting authority
614.99M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole168
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings168
Rows:
HESS CORP
SOLEShares9M
TypeSH
Market value$1.25B
26.42%
Sole
9M
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares887.20K
TypeSH
Market value$548.16M
11.62%
Sole
887.20K
Shared
0.00
None
0.00
SPDR GOLD TR
SOLEShares667.20K
TypeSH
Market value$203.38M
4.31%
Sole
667.20K
Shared
0.00
None
0.00
MICROSTRATEGY INC
SOLEShares365.70K
TypeSH
Market value$147.83M
3.13%
Sole
365.70K
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares952.30K
TypeSH
Market value$119.80M
2.54%
Sole
952.30K
Shared
0.00
None
0.00
ARK 21SHARES BITCOIN ETF
SOLEShares3.27M
TypeSH
Market value$116.93M
2.48%
Sole
3.27M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares383.40K
TypeSH
Market value$82.73M
1.75%
Sole
383.40K
Shared
0.00
None
0.00
PELOTON INTERACTIVE INC
SOLEShares43.24M
TypePRN
Market value$79.48M
1.68%
Sole
43.24M
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares338.90K
TypeSH
Market value$76.76M
1.63%
Sole
338.90K
Shared
0.00
None
0.00
GMS INC
SOLEShares704.72K
TypeSH
Market value$76.64M
1.62%
Sole
704.72K
Shared
0.00
None
0.00
FIDELITY WISE ORIGIN BITCOIN
SOLEShares780.16K
TypeSH
Market value$73.33M
1.55%
Sole
780.16K
Shared
0.00
None
0.00
CINEMARK HLDGS INC
SOLEShares2.25M
TypeSH
Market value$67.94M
1.44%
Sole
2.25M
Shared
0.00
None
0.00
DOORDASH INC
SOLEShares264.10K
TypeSH
Market value$65.10M
1.38%
Sole
264.10K
Shared
0.00
None
0.00
ISHARES BITCOIN TRUST ETF
SOLEShares1.04M
TypeSH
Market value$63.90M
1.35%
Sole
1.04M
Shared
0.00
None
0.00
TWO HARBORS INVENTMENT CORPO
SOLEShares62.08M
TypePRN
Market value$61.71M
1.31%
Sole
62.08M
Shared
0.00
None
0.00
UBER TECHNOLOGIES INC
SOLEShares600.02K
TypeSH
Market value$55.98M
1.19%
Sole
600.02K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares354.12K
TypeSH
Market value$55.95M
1.19%
Sole
354.12K
Shared
0.00
None
0.00
MICROSTRATEGY INC
SOLEShares19.11M
TypePRN
Market value$53.22M
1.13%
Sole
19.11M
Shared
0.00
None
0.00
FORTUNA MNG CORP
SOLEShares32M
TypePRN
Market value$41.53M
0.88%
Sole
32M
Shared
0.00
None
0.00
COMMVAULT SYS INC
SOLEShares232.90K
TypeSH
Market value$40.60M
0.86%
Sole
232.90K
Shared
0.00
None
0.00
TXNM ENERGY INC
SOLEShares27.50M
TypePRN
Market value$35.83M
0.76%
Sole
27.50M
Shared
0.00
None
0.00
CHEVRON CORP NEW
SOLEShares249.30K
TypeSH
Market value$35.70M
0.76%
Sole
249.30K
Shared
0.00
None
0.00
NEWS CORP NEW
SOLEShares1.16M
TypeSH
Market value$34.36M
0.73%
Sole
1.16M
Shared
0.00
None
0.00
LATAM AIRLINES GROUP SA
SOLEShares833.30K
TypeSH
Market value$33.87M
0.72%
Sole
833.30K
Shared
0.00
None
0.00
IMPINJ INC
SOLEShares26.50M
TypePRN
Market value$33.07M
0.70%
Sole
26.50M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
HESS CORPSOLE | COM | 9M | SH | $1.25B 26.42% | 9M | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 887.20K | SH | $548.16M 11.62% | 887.20K | 0.00 | 0.00 |
SPDR GOLD TRSOLE | GOLD SHS | 667.20K | SH | $203.38M 4.31% | 667.20K | 0.00 | 0.00 |
MICROSTRATEGY INCSOLE | CL A NEW | 365.70K | SH | $147.83M 3.13% | 365.70K | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | S&P OILGAS EXP | 952.30K | SH | $119.80M 2.54% | 952.30K | 0.00 | 0.00 |
ARK 21SHARES BITCOIN ETFSOLE | SHS BEN INT | 3.27M | SH | $116.93M 2.48% | 3.27M | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 383.40K | SH | $82.73M 1.75% | 383.40K | 0.00 | 0.00 |
PELOTON INTERACTIVE INCSOLE | NOTE 5.500%12/0 | 43.24M | PRN | $79.48M 1.68% | 43.24M | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 338.90K | SH | $76.76M 1.63% | 338.90K | 0.00 | 0.00 |
GMS INCSOLE | COM | 704.72K | SH | $76.64M 1.62% | 704.72K | 0.00 | 0.00 |
FIDELITY WISE ORIGIN BITCOINSOLE | SHS | 780.16K | SH | $73.33M 1.55% | 780.16K | 0.00 | 0.00 |
CINEMARK HLDGS INCSOLE | COM | 2.25M | SH | $67.94M 1.44% | 2.25M | 0.00 | 0.00 |
DOORDASH INCSOLE | CL A | 264.10K | SH | $65.10M 1.38% | 264.10K | 0.00 | 0.00 |
ISHARES BITCOIN TRUST ETFSOLE | SHS BEN INT | 1.04M | SH | $63.90M 1.35% | 1.04M | 0.00 | 0.00 |
TWO HARBORS INVENTMENT CORPOSOLE | NOTE 6.250% 1/1 | 62.08M | PRN | $61.71M 1.31% | 62.08M | 0.00 | 0.00 |
UBER TECHNOLOGIES INCSOLE | COM | 600.02K | SH | $55.98M 1.19% | 600.02K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 354.12K | SH | $55.95M 1.19% | 354.12K | 0.00 | 0.00 |
MICROSTRATEGY INCSOLE | NOTE 0.625% 3/1 | 19.11M | PRN | $53.22M 1.13% | 19.11M | 0.00 | 0.00 |
FORTUNA MNG CORPSOLE | NOTE 3.750% 6/3 | 32M | PRN | $41.53M 0.88% | 32M | 0.00 | 0.00 |
COMMVAULT SYS INCSOLE | COM | 232.90K | SH | $40.60M 0.86% | 232.90K | 0.00 | 0.00 |
TXNM ENERGY INCSOLE | NOTE 5.750% 6/0 | 27.50M | PRN | $35.83M 0.76% | 27.50M | 0.00 | 0.00 |
CHEVRON CORP NEWSOLE | COM | 249.30K | SH | $35.70M 0.76% | 249.30K | 0.00 | 0.00 |
NEWS CORP NEWSOLE | CL A | 1.16M | SH | $34.36M 0.73% | 1.16M | 0.00 | 0.00 |
LATAM AIRLINES GROUP SASOLE | SPONSORED ADR | 833.30K | SH | $33.87M 0.72% | 833.30K | 0.00 | 0.00 |
IMPINJ INCSOLE | NOTE 1.125% 5/1 | 26.50M | PRN | $33.07M 0.70% | 26.50M | 0.00 | 0.00 |
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