# QVT Financial LP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1290162. Source: https://holderbook.com/funds/1290162-qvt-financial-lp/

- Reported value: $1.7B
- Positions: 79
- Weight of the ten largest: 76.7%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ROIVANT SCIENCES LTD | [ROIV](https://holderbook.com/stocks/ROIV/) | $839.6M | 23,723,074 | 49.4% | 19 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $71.6M | 95,837 | 4.2% | 2 |
| OKEANIS ECO TANKERS COR | [ECO](https://holderbook.com/stocks/ECO/) | $64.2M | 1,423,997 | 3.8% | 10 |
| JACKSON FINANCIAL INC | [JXN](https://holderbook.com/stocks/JXN/) | $63.1M | 0 | 3.7% | 1 |
| CARVANA CO | [CVNA](https://holderbook.com/stocks/CVNA/) | $54.0M | 0 | 3.2% | 5 |
| ALLOT LTD | [ALLT](https://holderbook.com/stocks/ALLT/) | $49.5M | 5,598,293 | 2.9% | 21 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $48.8M | 48,286 | 2.9% | 31 |
| ANTERIX INC | [ATEX](https://holderbook.com/stocks/ATEX/) | $39.5M | 383,941 | 2.3% | 28 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $39.1M | 53,044 | 2.3% | 5 |
| NEXSTAR MEDIA GROUP INC | [NXST](https://holderbook.com/stocks/NXST/) | $35.5M | 198,891 | 2.1% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $33.6M | 67,124 | 2.0% | 28 |
| NELNET INC | [NNI](https://holderbook.com/stocks/NNI/) | $30.9M | 231,414 | 1.8% | 20 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $26.3M | 90,765 | 1.5% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $25.0M | 125,158 | 1.5% | 5 |
| NEW YORK TIMES CO MTN BE | [NYT](https://holderbook.com/stocks/NYT/) | $22.2M | 316,947 | 1.3% | 31 |
| WHITEHAWK THERAPEUTICS INC | [WHWK](https://holderbook.com/stocks/WHWK/) | $21.1M | 4,615,709 | 1.2% | 7 |
| INFLEQTION INC | [INFQ](https://holderbook.com/stocks/INFQ/) | $15.6M | 1,170,881 | 0.9% | 2 |
| LIBERTY LATIN AMERICA LTD | [LILAK](https://holderbook.com/stocks/LILAK/) | $15.2M | 1,949,734 | 0.9% | 14 |
| REAL ASSET ACQUISITION CORP | [RAAQ](https://holderbook.com/stocks/RAAQ/) | $15.1M | 1,398,027 | 0.9% | 2 |
| MAGNITE INC | [MGNI](https://holderbook.com/stocks/MGNI/) | $14.2M | 747,437 | 0.8% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $14.1M | 37,710 | 0.8% | 3 |
| VISHAY INTERTECHNOLOGY INC | - | $12.9M | 6,500,000 | 0.8% | 1 |
| ZURA BIO LTD | [ZURA](https://holderbook.com/stocks/ZURA/) | $11.2M | 1,895,153 | 0.7% | 2 |
| CARMAX INC | [KMX](https://holderbook.com/stocks/KMX/) | $10.6M | 200,000 | 0.6% | 4 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $8.5M | 0 | 0.5% | 1 |
| NOBLE CORP PLC | [NE](https://holderbook.com/stocks/NE/) | $7.8M | 208,634 | 0.5% | 8 |
| NUVATION BIO INC | - | $7.3M | 7,000,000 | 0.4% | 1 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $6.3M | 16,675 | 0.4% | 3 |
| RADCOM LTD | [RDCM](https://holderbook.com/stocks/RDCM/) | $6.3M | 445,265 | 0.4% | 1 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $6.0M | 118,582 | 0.4% | 5 |
| ORACLE CORP | [ORCLPRD](https://holderbook.com/stocks/ORCLPRD/) | $5.6M | 125,000 | 0.3% | 2 |
| BIOHAVEN LTD | [BHVN](https://holderbook.com/stocks/BHVN/) | $5.3M | 354,206 | 0.3% | 12 |
| SUMMIT THERAPEUTICS INC | [SMMT](https://holderbook.com/stocks/SMMT/) | $5.3M | 360,524 | 0.3% | 9 |
| ARGENX SE | [ARGX](https://holderbook.com/stocks/ARGX/) | $4.8M | 5,218 | 0.3% | 31 |
| RIGETTI COMPUTING INC | [RGTI](https://holderbook.com/stocks/RGTI/) | $4.8M | 0 | 0.3% | 3 |
| BLACKSTONE SECD LENDING FD | [BXSL](https://holderbook.com/stocks/BXSL/) | $4.4M | 187,226 | 0.3% | 3 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $4.1M | 6,988 | 0.2% | 3 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $3.5M | 18,497 | 0.2% | 1 |
| COMTECH TELECOMMUNICATIONS C | [CMTL](https://holderbook.com/stocks/CMTL/) | $3.3M | 1,676,031 | 0.2% | 8 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $2.9M | 6,522 | 0.2% | 7 |
| IOVANCE BIOTHERAPEUTICS INC | [IOVA](https://holderbook.com/stocks/IOVA/) | $2.8M | 678,564 | 0.2% | 31 |
| DOORDASH INC | [DASH](https://holderbook.com/stocks/DASH/) | $2.7M | 14,469 | 0.2% | 5 |
| IONQ INC | [IONQ](https://holderbook.com/stocks/IONQ/) | $2.7M | 0 | 0.2% | 6 |
| D-WAVE QUANTUM INC | [QBTS](https://holderbook.com/stocks/QBTS/) | $2.4M | 0 | 0.1% | 4 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $2.4M | 348 | 0.1% | 2 |
| MAYFAIR GOLD CORP | [MINE](https://holderbook.com/stocks/MINE/) | $2.1M | 909,999 | 0.1% | 2 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.9M | 4,018 | 0.1% | 2 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.8M | 2,550 | 0.1% | 2 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $1.6M | 6,410 | 0.1% | 2 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.5M | 610 | 0.1% | 1 |
| MACOM TECH SOLUTIONS HLDGS I | [MTSI](https://holderbook.com/stocks/MTSI/) | $1.5M | 3,876 | 0.1% | 4 |
| MKS INC. | [MKSI](https://holderbook.com/stocks/MKSI/) | $1.2M | 2,686 | 0.1% | 1 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $1.2M | 3,441 | 0.1% | 3 |
| GRAY MEDIA INC | [GTN](https://holderbook.com/stocks/GTN/) | $1.2M | 291,452 | 0.1% | 31 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.1M | 8,958 | 0.1% | 2 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $1.0M | 11,245 | 0.1% | 2 |
| ARES MANAGEMENT CORPORATION | [ARES](https://holderbook.com/stocks/ARES/) | $1.0M | 9,219 | 0.1% | 2 |
| NUVATION BIO INC | [NUVB](https://holderbook.com/stocks/NUVB/) | $970.1K | 170,794 | 0.1% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $899.2K | 2,138 | 0.1% | 1 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $782.2K | 1,025 | 0.0% | 2 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $781.0K | 2,081 | 0.0% | 2 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $768.0K | 895 | 0.0% | 2 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $765.2K | 793 | 0.0% | 1 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $696.7K | 4,535 | 0.0% | 1 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $683.3K | 1,934 | 0.0% | 2 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $655.9K | 0 | 0.0% | 1 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $587.4K | 2,308 | 0.0% | 2 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $586.1K | 44,132 | 0.0% | 2 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $561.7K | 2,290 | 0.0% | 2 |
| CIENA CORP | [CIEN](https://holderbook.com/stocks/CIEN/) | $431.7K | 880 | 0.0% | 1 |
| TRIP COM GROUP LTD | [TCOM](https://holderbook.com/stocks/TCOM/) | $382.6K | 9,604 | 0.0% | 1 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $359.4K | 1,070 | 0.0% | 4 |
| INFLEQTION INC | [INFQWS](https://holderbook.com/stocks/INFQWS/) | $343.5K | 50,000 | 0.0% | 2 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $336.8K | 2,887 | 0.0% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $297.3K | 832 | 0.0% | 4 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $280.4K | 2,372 | 0.0% | 2 |
| ASTERA LABS INC | [ALAB](https://holderbook.com/stocks/ALAB/) | $276.3K | 572 | 0.0% | 1 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $251.2K | 446 | 0.0% | 1 |
| ZSCALER INC | [ZS](https://holderbook.com/stocks/ZS/) | $205.9K | 1,459 | 0.0% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +22.9% | +14.8% | +8.1% | 94% |
| Q1 2026 | +16.5% | -4.6% | +21.2% | 90% |
| Q4 2025 | +27.0% | +2.4% | +24.6% | 75% |
| Q3 2025 | +32.9% | +7.8% | +25.1% | 88% |
| Q2 2025 | +11.2% | +10.5% | +0.7% | 92% |
| Q1 2025 | -10.1% | -4.6% | -5.6% | 96% |
| Q4 2024 | -1.1% | +2.1% | -3.3% | 96% |
| Q3 2024 | +11.3% | +5.4% | +5.9% | 97% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.7B | 79 |
| Q1 2026 | $1.4B | 73 |
| Q4 2025 | $1.2B | 55 |
| Q3 2025 | $1.4B | 51 |
| Q2 2025 | $1.1B | 44 |
| Q1 2025 | $1.1B | 39 |
| Q4 2024 | $1.1B | 35 |
| Q3 2024 | $1.2B | 35 |
| Q2 2024 | $1.1B | 33 |
| Q1 2024 | $1.2B | 34 |
| Q4 2023 | $1.8B | 33 |
| Q3 2023 | $1.8B | 37 |