QVT Financial LP
Reported holdings as of Q2 2026, from 31 quarterly filings.
This filer last reported in Q2 2026; the most recent quarter on file across all filers is Q3 2026. Firms that restructure stop filing under one CIK and start under another, so a successor entity may hold these positions now under a similar name.
Holdings
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| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ROIVANT SCIENCES LTD | ROIV | $839.6M | 23,723,074 | -1.69pp | 19q | -5.7%-$50.9M | |
| STATE STR SPDR S&P 500 ETF T | SPY | $71.6M | 95,837 | +3.98pp | 2q | +1940.8%+$68.1M | |
| OKEANIS ECO TANKERS COR | ECO | $64.2M | 1,423,997 | -0.97pp | 10q | HELD | |
| JACKSON FINANCIAL INC PUT | JXN | $63.1M | options only | - | new | OPTIONS | |
| CARVANA CO PUT | CVNA | $54.0M | options only | -0.83pp | 5q | OPTIONS | |
| ALLOT LTD | ALLT | $49.5M | 5,598,293 | +0.18pp | 21q | HELD | |
| GOLDMAN SACHS GROUP INC | GS | $48.8M | 48,286 | -0.62pp | 31q | -14.2%-$8.1M | |
| ANTERIX INC | ATEX | $39.5M | 383,941 | +0.91pp | 28q | -23.8%-$12.4M | |
| INVESCO QQQ TR | QQQ | $39.1M | 53,044 | -0.39pp | 5q | -16.5%-$7.7M | |
| NEXSTAR MEDIA GROUP INC | NXST | $35.5M | 198,891 | +0.03pp | 31q | +28.1%+$7.8M | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $33.6M | 67,124 | +0.29pp | 28q | +40.0%+$9.6M | |
| NELNET INC | NNI | $30.9M | 231,414 | -0.37pp | 20q | HELD | |
| APPLE INC | AAPL | $26.3M | 90,765 | -0.14pp | 3q | HELD | |
| NVIDIA CORPORATION | NVDA | $25.0M | 125,158 | -0.28pp | 5q | -8.8%-$2.4M | |
| NEW YORK TIMES CO MTN BE | NYT | $22.2M | 316,947 | -0.64pp | 31q | HELD | |
| WHITEHAWK THERAPEUTICS INC | WHWK | $21.1M | 4,615,709 | +0.08pp | 7q | HELD | |
| INFLEQTION INC | INFQ | $15.6M | 1,170,881 | +0.02pp | 2q | -6.6%-$1.1M | |
| LIBERTY LATIN AMERICA LTD | LILAK | $15.2M | 1,949,734 | -0.24pp | 14q | +11.4%+$1.6M | |
| REAL ASSET ACQUISITION CORP | RAAQ | $15.1M | 1,398,027 | +0.30pp | 2q | +83.3%+$6.9M | |
| MAGNITE INC | MGNI | $14.2M | 747,437 | +0.44pp | 3q | +64.7%+$5.6M | |
| MICROSOFT CORP | MSFT | $14.1M | 37,710 | -0.41pp | 3q | -17.2%-$2.9M | |
| VISHAY INTERTECHNOLOGY INC | $12.9M | 6,500,000 | - | new | DEBT | ||
| ZURA BIO LTD | ZURA | $11.2M | 1,895,153 | +0.09pp | 2q | +44.6%+$3.4M | |
| CARMAX INC | KMX | $10.6M | 200,000 | -0.17pp | 4q | -23.3%-$3.2M | |
| METLIFE INC PUT | MET | $8.5M | options only | - | new | OPTIONS | |
| NOBLE CORP PLC | NE | $7.8M | 208,634 | -0.29pp | 8q | HELD | |
| NUVATION BIO INC | $7.3M | 7,000,000 | - | new | DEBT | ||
| BROADCOM INC | AVGO | $6.3M | 16,675 | -0.03pp | 3q | -5.9%-$398.1K | |
| RADCOM LTD | RDCM | $6.3M | 445,265 | - | new | NEW | |
| JANUS DETROIT STR TR | JAAA | $6.0M | 118,582 | -0.09pp | 5q | HELD | |
| ORACLE CORP | ORCLPRD | $5.6M | 125,000 | -0.26pp | 2q | -28.6%-$2.2M | |
| BIOHAVEN LTD | BHVN | $5.3M | 354,206 | +0.20pp | 12q | +108.3%+$2.7M | |
| SUMMIT THERAPEUTICS INC | SMMT | $5.3M | 360,524 | -0.19pp | 9q | HELD | |
| ARGENX SE | ARGX | $4.8M | 5,218 | +0.01pp | 31q | HELD | |
| RIGETTI COMPUTING INC PUT | RGTI | $4.8M | options only | +0.10pp | 3q | OPTIONS | |
| BLACKSTONE SECD LENDING FD | BXSL | $4.4M | 187,226 | -1.04pp | 3q | -25.0%-$1.5M | |
| ADVANCED MICRO DEVICES INC | AMD | $4.1M | 6,988 | +0.13pp | 3q | -7.2%-$316.6K | |
| ISHARES TR | IBB | $3.5M | 18,497 | - | new | NEW | |
| COMTECH TELECOMMUNICATIONS C | CMTL | $3.3M | 1,676,031 | -0.19pp | 8q | -1.1%-$36.8K | |
| SYNOPSYS INC | SNPS | $2.9M | 6,522 | -0.05pp | 7q | -13.6%-$459.0K | |
| IOVANCE BIOTHERAPEUTICS INC | IOVA | $2.8M | 678,564 | -0.01pp | 31q | HELD | |
| DOORDASH INC | DASH | $2.7M | 14,469 | -0.02pp | 5q | -10.2%-$302.6K | |
| IONQ INC PUT | IONQ | $2.7M | options only | -0.62pp | 6q | OPTIONS | |
| D-WAVE QUANTUM INC PUT | QBTS | $2.4M | options only | -0.24pp | 4q | OPTIONS | |
| SANDISK CORP CALL | SNDK | $2.4M | 348 | +0.08pp | 2q | -74.4%-$6.9M | |
| MAYFAIR GOLD CORP | MINE | $2.1M | 909,999 | -0.07pp | 2q | HELD | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $1.9M | 4,018 | +0.02pp | 2q | +10.4%+$180.5K | |
| APPLIED MATLS INC | AMAT | $1.8M | 2,550 | +0.03pp | 2q | -22.4%-$532.1K | |
| CORNING INC | GLW | $1.6M | 6,410 | +0.01pp | 2q | +53.9%+$573.7K | |
| MICRON TECHNOLOGY INC CALL | MU | $1.5M | 610 | - | new | NEW | |
| MACOM TECH SOLUTIONS HLDGS I | MTSI | $1.5M | 3,876 | +0.01pp | 4q | -16.5%-$290.6K | |
| MKS INC. | MKSI | $1.2M | 2,686 | - | new | NEW | |
| PALO ALTO NETWORKS INC | PANW | $1.2M | 3,441 | -0.01pp | 3q | -45.9%-$996.1K | |
| GRAY MEDIA INC | GTN | $1.2M | 291,452 | -0.02pp | 31q | HELD | |
| BLACKSTONE INC | BX | $1.1M | 8,958 | -0.01pp | 2q | HELD | |
| KKR & CO INC | KKR | $1.0M | 11,245 | -0.02pp | 2q | HELD | |
| ARES MANAGEMENT CORPORATION | ARES | $1.0M | 9,219 | -0.01pp | 2q | HELD | |
| NUVATION BIO INC | NUVB | $970.1K | 170,794 | - | new | NEW | |
| TESLA INC | TSLA | $899.2K | 2,138 | - | new | NEW | |
| CROWDSTRIKE HLDGS INC | CRWD | $782.2K | 1,025 | +0.02pp | 2q | HELD | |
| CADENCE DESIGN SYSTEM INC | CDNS | $781.0K | 2,081 | -0.04pp | 2q | -51.5%-$831.0K | |
| LUMENTUM HLDGS INC | LITE | $768.0K | 895 | +0.02pp | 2q | +101.6%+$387.0K | |
| SEAGATE TECHNOLOGY HLDNGS PL | STX | $765.2K | 793 | - | new | NEW | |
| FORTINET INC | FTNT | $696.7K | 4,535 | - | new | NEW | |
| ALPHABET INC | GOOG | $683.3K | 1,934 | +0.01pp | 2q | +26.7%+$143.8K | |
| VANECK ETF TRUST PUT | SMH | $655.9K | options only | - | new | OPTIONS | |
| SNOWFLAKE INC | SNOW | $587.4K | 2,308 | flat | 2q | -29.8%-$249.2K | |
| NOKIA CORP | NOK | $586.1K | 44,132 | +0.03pp | 2q | +265.6%+$425.8K | |
| CLOUDFLARE INC | NET | $561.7K | 2,290 | flat | 2q | HELD | |
| CIENA CORP | CIEN | $431.7K | 880 | - | new | NEW | |
| TRIP COM GROUP LTD | TCOM | $382.6K | 9,604 | - | new | NEW | |
| MONGODB INC | MDB | $359.4K | 1,070 | -0.04pp | 4q | -65.9%-$696.0K | |
| INFLEQTION INC | INFQWS | $343.5K | 50,000 | flat | 2q | HELD | |
| PALANTIR TECHNOLOGIES INC | PLTR | $336.8K | 2,887 | -0.01pp | 2q | HELD | |
| ALPHABET INC | GOOGL | $297.3K | 832 | -0.09pp | 4q | -83.4%-$1.5M | |
| AKAMAI TECHNOLOGIES INC | AKAM | $280.4K | 2,372 | flat | 2q | HELD | |
| ASTERA LABS INC | ALAB | $276.3K | 572 | - | new | NEW | |
| META PLATFORMS INC | META | $251.2K | 446 | - | new | NEW | |
| ZSCALER INC | ZS | $205.9K | 1,459 | flat | 2q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Biotech & Pharma | $891.0M | 52.4% |
| Funds & ETFs | $115.1M | 6.8% |
| Telecom & Media | $113.6M | 6.7% |
| Insurance | $105.2M | 6.2% |
| Computer Hardware | $87.1M | 5.1% |
| Retail & Consumer | $64.6M | 3.8% |
| Transport & Logistics | $64.2M | 3.8% |
| Software & IT Services | $61.5M | 3.6% |
| Capital Markets | $51.9M | 3.1% |
| Semiconductors & Electronics | $47.6M | 2.8% |
| Banks & Lending | $30.9M | 1.8% |
| Other sectors | $17.0M | 1.0% |
| Not classified | $51.4M | 3.0% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| 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% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $1.7B | 79 | 17 | 13 | 24 | 11 | 76.7% | 45 |
| Q1 2026 | $1.4B | 73 | 31 | 19 | 4 | 13 | 76.6% | 45 |
| Q4 2025 | $1.2B | 55 | 14 | 11 | 7 | 10 | 80.4% | 44 |
| Q3 2025 | $1.4B | 51 | 16 | 4 | 7 | 9 | 85.2% | 45 |
| Q2 2025 | $1.1B | 44 | 16 | 8 | 3 | 11 | 78.0% | 45 |
| Q1 2025 | $1.1B | 39 | 8 | 7 | 3 | 4 | 84.5% | 45 |
| Q4 2024 | $1.1B | 35 | 4 | 1 | 3 | 4 | 88.1% | 45 |
| Q3 2024 | $1.2B | 35 | 4 | 3 | 3 | 2 | 88.4% | 45 |
| Q2 2024 | $1.1B | 33 | 3 | 4 | 4 | 4 | 89.1% | 45 |
| Q1 2024 | $1.2B | 34 | 4 | 1 | 4 | 3 | 87.7% | 45 |
| Q4 2023 | $1.8B | 33 | 1 | 1 | 4 | 5 | 91.3% | 45 |
| Q3 2023 | $1.8B | 37 | 2 | 3 | 4 | 9 | 91.2% | 45 |
| Q2 2023 | $1.8B | 44 | 1 | 0 | 3 | 8 | 91.0% | 45 |
| Q1 2023 | $2.0B | 51 | 8 | 7 | 3 | 7 | 87.1% | 45 |
| Q4 2022 | $1.9B | 50 | 10 | 7 | 7 | 13 | 87.5% | 45 |
| Q3 2022 | $1.4B | 53 | 5 | 9 | 3 | 10 | 80.2% | 45 |
| Q2 2022 | $1.6B | 58 | 2 | 10 | 2 | 8 | 81.3% | 46 |
| Q1 2022 | $2.3B | 64 | 9 | 8 | 8 | 2 | 82.2% | 46 |
| Q4 2021 | $2.9B | 57 | 7 | 14 | 3 | 9 | 86.4% | 45 |
| Q3 2021 | $1.3B | 59 | 10 | 8 | 7 | 4 | 74.3% | 47 |
| Q2 2021 | $1.5B | 53 | 4 | 8 | 4 | 2 | 80.0% | 47 |
| Q1 2021 | $1.4B | 51 | 11 | 3 | 6 | 10 | 81.0% | 47 |
| Q4 2020 | $1.8B | 50 | 8 | 3 | 2 | 7 | 84.5% | 47 |
| Q3 2020 | $819.0M | 49 | 7 | 4 | 3 | 5 | 66.5% | 47 |
| Q2 2020 | $588.2M | 47 | 7 | 7 | 4 | 7 | 57.9% | 45 |
| Q1 2020 | $428.6M | 47 | 7 | 7 | 9 | 8 | 56.9% | 45 |
| Q4 2019 | $514.0M | 48 | 5 | 6 | 6 | 8 | 57.1% | 45 |
| Q3 2019 | $486.7M | 51 | 10 | 6 | 3 | 8 | 61.0% | 45 |
| Q2 2019 | $472.8M | 49 | 6 | 4 | 2 | 4 | 64.2% | 45 |
| Q1 2019 | $397.4M | 47 | 7 | 8 | 8 | 10 | 62.7% | 45 |
| Q4 2018 | $306.6M | 50 | 0 | 0 | 0 | 0 | 55.1% | 45 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.