# Long Focus Capital Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1602716. Source: https://holderbook.com/funds/1602716-long-focus-capital-management-llc/

- Reported value: $3.9B
- Positions: 80
- Weight of the ten largest: 60.6%
- 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 |
|---|---|---|---|---|---|
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $621.5M | 3,785,000 | 15.9% | 19 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $434.7M | 565,000 | 11.1% | 2 |
| CHARTER COMMUNICATIONS INC | [CHTR](https://holderbook.com/stocks/CHTR/) | $386.5M | 1,230,216 | 9.9% | 9 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $199.9M | 3,342,400 | 5.1% | 19 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $167.8M | 704,155 | 4.3% | 3 |
| MOLINA HEALTHCARE INC | [MOH](https://holderbook.com/stocks/MOH/) | $139.5M | 610,000 | 3.6% | 4 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $129.4M | 0 | 3.3% | 4 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $111.3M | 586,000 | 2.8% | 7 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $93.1M | 1,450,000 | 2.4% | 7 |
| ROCKET COS INC | [RKT](https://holderbook.com/stocks/RKT/) | $85.8M | 5,445,000 | 2.2% | 3 |
| FTAI AVIATION LTD | [FTAI](https://holderbook.com/stocks/FTAI/) | $85.2M | 315,000 | 2.2% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $63.4M | 170,000 | 1.6% | 2 |
| GOLAR LNG LTD | [GLNG](https://holderbook.com/stocks/GLNG/) | $59.1M | 1,186,000 | 1.5% | 12 |
| VIASAT INC | [VSAT](https://holderbook.com/stocks/VSAT/) | $58.4M | 650,000 | 1.5% | 6 |
| BIONTECH SE | [BNTX](https://holderbook.com/stocks/BNTX/) | $58.1M | 624,000 | 1.5% | 7 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $57.8M | 630,000 | 1.5% | 2 |
| INSMED INC | [INSM](https://holderbook.com/stocks/INSM/) | $56.3M | 528,000 | 1.4% | 19 |
| BUILDERS FIRSTSOURCE INC | [BLDR](https://holderbook.com/stocks/BLDR/) | $55.2M | 617,000 | 1.4% | 5 |
| HOWARD HUGHES HOLDINGS INC | [HHH](https://holderbook.com/stocks/HHH/) | $52.5M | 733,695 | 1.3% | 5 |
| PINTEREST INC | [PINS](https://holderbook.com/stocks/PINS/) | $50.6M | 2,405,000 | 1.3% | 16 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $42.5M | 359,000 | 1.1% | 18 |
| ANTERO RESOURCES CORP | [AR](https://holderbook.com/stocks/AR/) | $41.1M | 1,170,000 | 1.1% | 19 |
| SHIFT4 PMTS INC | [FOUR](https://holderbook.com/stocks/FOUR/) | $39.5M | 812,000 | 1.0% | 3 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $36.7M | 900,000 | 0.9% | 5 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $36.6M | 88,000 | 0.9% | 5 |
| AURA BIOSCIENCES INC | [AURA](https://holderbook.com/stocks/AURA/) | $36.3M | 5,119,582 | 0.9% | 14 |
| MATTEL INC | [MAT](https://holderbook.com/stocks/MAT/) | $35.3M | 2,540,000 | 0.9% | 2 |
| HAPPEN INC | [HAPN](https://holderbook.com/stocks/HAPN/) | $34.5M | 1,665,849 | 0.9% | 17 |
| TIC SOLUTIONS INC | [TIC](https://holderbook.com/stocks/TIC/) | $31.3M | 3,863,677 | 0.8% | 4 |
| ASSURED GUARANTY LTD | [AGO](https://holderbook.com/stocks/AGO/) | $30.5M | 380,000 | 0.8% | 19 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $28.8M | 399,000 | 0.7% | 2 |
| ALIBABA GROUP HLDG LTD | - | $27.7M | 235,000 | 0.7% | 5 |
| HUMANA INC | [HUM](https://holderbook.com/stocks/HUM/) | $27.2M | 68,400 | 0.7% | 4 |
| JD.COM INC | [JD](https://holderbook.com/stocks/JD/) | $24.0M | 942,622 | 0.6% | 11 |
| GRUPO FINANCIERO GALICIA S.A | [GGAL](https://holderbook.com/stocks/GGAL/) | $22.8M | 456,000 | 0.6% | 3 |
| PETCO HEALTH & WELLNESS CO I | [WOOF](https://holderbook.com/stocks/WOOF/) | $22.8M | 8,371,050 | 0.6% | 6 |
| HERBALIFE LTD | [HLF](https://holderbook.com/stocks/HLF/) | $22.3M | 1,699,200 | 0.6% | 13 |
| ONITY GROUP INC | [ONIT](https://holderbook.com/stocks/ONIT/) | $21.5M | 540,598 | 0.5% | 19 |
| SIGHT SCIENCES INC | [SGHT](https://holderbook.com/stocks/SGHT/) | $20.8M | 3,844,100 | 0.5% | 10 |
| ARHAUS INC | [ARHS](https://holderbook.com/stocks/ARHS/) | $20.6M | 2,450,000 | 0.5% | 7 |
| LITHIA MTRS INC | [LAD](https://holderbook.com/stocks/LAD/) | $20.6M | 71,000 | 0.5% | 4 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $20.1M | 100,000 | 0.5% | 2 |
| STANDARD BIOTOOLS INC | [LAB](https://holderbook.com/stocks/LAB/) | $19.3M | 23,500,000 | 0.5% | 6 |
| SONY GROUP CORP | [SONY](https://holderbook.com/stocks/SONY/) | $19.3M | 960,000 | 0.5% | 1 |
| BAIDU INC | [BIDU](https://holderbook.com/stocks/BIDU/) | $18.3M | 159,800 | 0.5% | 4 |
| COLLIERS INTL GROUP INC | [CIGI](https://holderbook.com/stocks/CIGI/) | $16.4M | 175,000 | 0.4% | 2 |
| FTAI INFRASTRUCTURE INC | [FIP](https://holderbook.com/stocks/FIP/) | $16.3M | 3,517,209 | 0.4% | 16 |
| WYNN RESORTS LTD | [WYNN](https://holderbook.com/stocks/WYNN/) | $16.0M | 165,000 | 0.4% | 8 |
| CONTROLADORA VUELA COMP DE A | [VLRS](https://holderbook.com/stocks/VLRS/) | $15.4M | 1,640,000 | 0.4% | 11 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $15.3M | 9,000 | 0.4% | 1 |
| MEIRAGTX HLDGS PLC | [MGTX](https://holderbook.com/stocks/MGTX/) | $14.6M | 1,080,300 | 0.4% | 7 |
| BICYCLE THERAPEUTICS PLC | [BCYC](https://holderbook.com/stocks/BCYC/) | $14.0M | 3,310,687 | 0.4% | 7 |
| GRUPO SUPERVIELLE S.A. | [SUPV](https://holderbook.com/stocks/SUPV/) | $13.8M | 1,431,131 | 0.4% | 19 |
| LIBERTY BROADBAND CORP | [LBRDA](https://holderbook.com/stocks/LBRDA/) | $12.5M | 375,000 | 0.3% | 17 |
| PAPA JOHNS INTL INC | [PZZA](https://holderbook.com/stocks/PZZA/) | $11.4M | 310,622 | 0.3% | 7 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $11.2M | 80,000 | 0.3% | 19 |
| TAL ED GROUP | [TAL](https://holderbook.com/stocks/TAL/) | $10.7M | 1,117,300 | 0.3% | 8 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $10.2M | 0 | 0.3% | 10 |
| IOVANCE BIOTHERAPEUTICS INC | [IOVA](https://holderbook.com/stocks/IOVA/) | $8.7M | 2,100,000 | 0.2% | 19 |
| OPORTUN FINL CORP | [OPRT](https://holderbook.com/stocks/OPRT/) | $8.7M | 1,515,777 | 0.2% | 14 |
| CELLECTIS S A | [CLLS](https://holderbook.com/stocks/CLLS/) | $8.2M | 2,741,853 | 0.2% | 19 |
| LIBERTY LATIN AMERICA LTD | [LILAK](https://holderbook.com/stocks/LILAK/) | $7.5M | 960,000 | 0.2% | 19 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $5.0M | 0 | 0.1% | 6 |
| LOMA NEGRA CORP | [LOMA](https://holderbook.com/stocks/LOMA/) | $4.3M | 377,600 | 0.1% | 19 |
| UNITED AIRLS HLDGS INC | [UAL](https://holderbook.com/stocks/UAL/) | $3.9M | 29,000 | 0.1% | 6 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $3.3M | 36,000 | 0.1% | 4 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $3.0M | 30,000 | 0.1% | 2 |
| CLARIVATE PLC | [CLVT](https://holderbook.com/stocks/CLVT/) | $2.5M | 1,175,000 | 0.1% | 14 |
| USA TODAY CO INC | [TDAY](https://holderbook.com/stocks/TDAY/) | $2.3M | 268,863 | 0.1% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.1M | 5,980 | 0.1% | 19 |
| DYNATRACE INC | [DT](https://holderbook.com/stocks/DT/) | $1.8M | 40,398 | 0.0% | 1 |
| POWERFLEET INC | [AIOT](https://holderbook.com/stocks/AIOT/) | $1.3M | 337,504 | 0.0% | 5 |
| SOLITARIO RESOURCES CORP | [XPL](https://holderbook.com/stocks/XPL/) | $1.1M | 1,409,700 | 0.0% | 19 |
| CABLE ONE INC | [CABO](https://holderbook.com/stocks/CABO/) | $1.1M | 19,777 | 0.0% | 3 |
| ANHEUSER BUSCH INBEV SA/NV | [BUD](https://holderbook.com/stocks/BUD/) | $824.0K | 0 | 0.0% | 19 |
| LIBERTY CAP CORP | [GLIBK](https://holderbook.com/stocks/GLIBK/) | $679.4K | 31,514 | 0.0% | 3 |
| NEXSTAR MEDIA GROUP INC | [NXST](https://holderbook.com/stocks/NXST/) | $448.6K | 2,512 | 0.0% | 1 |
| COINSHARES PLC | [CSHRW](https://holderbook.com/stocks/CSHRW/) | $412.5K | 109,422 | 0.0% | 1 |
| DESTINATION XL GROUP INC | [DXLG](https://holderbook.com/stocks/DXLG/) | $333.7K | 498,042 | 0.0% | 17 |
| BIOCERES CROP SOLUTIONS CORP | [BIOX](https://holderbook.com/stocks/BIOX/) | $290.5K | 829,748 | 0.0% | 15 |

## 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 | +14.8% | +14.8% | -0.1% | 63% |
| Q1 2026 | -6.4% | -4.6% | -1.8% | 61% |
| Q4 2025 | +1.6% | +2.4% | -0.7% | 62% |
| Q3 2025 | +11.4% | +7.8% | +3.6% | 74% |
| Q2 2025 | +7.7% | +10.5% | -2.8% | 72% |
| Q4 2022 | +10.0% | +7.1% | +2.9% | 98% |
| Q3 2022 | -7.2% | -5.3% | -1.9% | 100% |
| Q2 2022 | -18.8% | -16.5% | -2.3% | 68% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.9B | 80 |
| Q1 2026 | $3.8B | 88 |
| Q4 2025 | $3.8B | 84 |
| Q3 2025 | $3.0B | 88 |
| Q2 2025 | $2.6B | 87 |
| Q1 2025 | $3.0B | 92 |
| Q4 2024 | $3.1B | 95 |
| Q3 2024 | $2.9B | 93 |
| Q2 2024 | $2.6B | 95 |
| Q1 2024 | $2.0B | 91 |
| Q4 2023 | $3.0B | 102 |
| Q3 2023 | $2.8B | 106 |