Kingdon Capital Management, L.L.C. Portfolio Stock Holdings

Kingdon Capital Management, L.L.C. disclosed 52 stock positions valued at approximately $597.1 million in its latest SEC 13F filing. The largest holdings include SYNDAX PHARMACEUTICALS INC, NVIDIA CORPORATION, and NEXGEN ENERGY LTD. The filing reflects positions held as of March 31, 2026 and was filed on May 15, 2026.

Report Period
March 31, 2026
No. of Stocks
52
Portfolio Value
$597.1M
Holdings by Sector
Kingdon Capital Management, L.L.C. Portfolio Holdings in Q1 2026

47 holdings in the latest reporting period.

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CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
SYNDAX PHARMACEUTICALS INC SNDXHealthcare9.78%2,500,000+150,000+6.38%$58,400,000
NVIDIA CORPORATION NVDATechnology5.84%200,000+55,000+37.93%$34,880,000
NEXGEN ENERGY LTD NXEEnergy4.86%2,500,000--$29,000,000
KEYSIGHT TECHNOLOGIES INC KEYSTechnology3.78%80,000-50,000-38.46%$22,589,600
WARBY PARKER INC WRBYHealthcare3.72%1,053,644--$22,200,279
SOLENO THERAPEUTICS INC SLNOHealthcare3.22%575,000+175,100+43.79%$19,251,000
API GROUP CORP APGIndustrials3.05%450,000+75,000+20.00%$18,234,000
MAPLEBEAR INC CARTConsumer Cyclical2.95%470,000+80,000+20.51%$17,606,200
HOWMET AEROSPACE INC HWMIndustrials2.70%70,000-10,000-12.50%$16,132,200
TAIWAN SEMICONDUCTOR MANUFACTSMTechnology2.55%45,000+5,000+12.50%$15,207,750
AMERICAN HEALTHCARE REIT INCAHRReal Estate2.37%300,000+100,000+50.00%$14,148,000
ISHARES TR ICLNOther2.14%700,000+700,000+100.00%$12,803,000
OLEMA PHARMACEUTICALS INC OLMAHealthcare2.13%855,000-98,600-10.34%$12,748,050
GARRETT MOTION INC GTXConsumer Cyclical2.13%700,000+700,000+100.00%$12,719,000
AERCAP HOLDINGS NV AEROther2.07%90,000+90,000+100.00%$12,346,200
DARLING INGREDIENTS INC DARConsumer Defensive1.97%190,000+190,000+100.00%$11,751,500
ICON PLC ICLROther1.95%105,300+54,700+108.10%$11,652,498
BROOKDALE SR LIVING INC BKDHealthcare1.95%850,000+850,000+100.00%$11,628,000
FLEXTRONICS INTL LTD FLEXOther1.92%175,000+80,000+84.21%$11,455,500
ALIBABA GROUP HLDG LTD BABAConsumer Cyclical1.89%90,000-10,000-10.00%$11,291,400
VSE CORP VSECIndustrials1.85%60,000+60,000+100.00%$11,064,000
HEICO CORP NEW HEIIndustrials1.84%40,000--$10,968,000
AAR CORP AIRIndustrials1.83%100,000+60,000+150.00%$10,946,000
TELEDYNE TECHNOLOGIES INC TDYTechnology1.77%17,500-12,500-41.67%$10,587,675
WAYSTAR HLDG CORP WAYHealthcare1.77%438,000+23,451+5.66%$10,560,180
RALLIANT CORP RALOther1.74%250,000+30,000+13.64%$10,397,500
CRANE COMPANY CRIndustrials1.72%60,000+60,000+100.00%$10,260,000
WELLTOWER INC WELLReal Estate1.66%50,000--$9,885,500
ACADIA HEALTHCARE COMPANY INACHCHealthcare1.55%396,192+396,192+100.00%$9,266,931
ISHARES INC EWYOther1.54%75,000-40,000-34.78%$9,225,750
COGNEX CORP CGNXTechnology1.52%185,000+185,000+100.00%$9,063,150
ZEVRA THERAPEUTICS INC ZVRAHealthcare1.21%775,000+189,931+32.46%$7,223,000
WOLVERINE WORLD WIDE INC WWWConsumer Cyclical1.19%436,000-221,500-33.69%$7,115,520
GENESCO INC GCOConsumer Cyclical1.18%244,000+244,000+100.00%$7,073,560
GXO LOGISTICS INCORPORATED GXOIndustrials1.09%125,000+125,000+100.00%$6,481,250
AXON ENTERPRISE INC AXONIndustrials1.03%14,500+1,000+7.41%$6,158,005
CREDO TECHNOLOGY GROUP HOLDIG25457105Other1.02%65,000+65,000+100.00%$6,101,550
LOWES COS INC LOWConsumer Cyclical0.84%21,250+21,250+100.00%$5,020,950
ALDEYRA THERAPEUTICS INC ALDXHealthcare0.61%2,152,315+302,315+16.34%$3,637,412
THE REALREAL INC REALConsumer Cyclical0.61%400,000+400,000+100.00%$3,632,000
VICOR CORP VICRTechnology0.54%20,000+20,000+100.00%$3,220,000
ELEDON PHARMACEUTICALS INC ELDNHealthcare0.54%1,039,275--$3,200,967
TETRA TECH INC NEW TTEKIndustrials0.50%100,000-50,000-33.33%$3,012,000
ITRON INC ITRITechnology0.38%25,000-25,000-50.00%$2,240,750
NIOCORP DEVS LTD NBBasic Materials0.34%450,000+135,535+43.10%$2,007,000
SCYNEXIS INC SCYXHealthcare0.30%1,982,491+1,982,491+100.00%$1,817,746
JASPER THERAPEUTICS INC JSPRHealthcare0.20%1,352,106+1,352,106+100.00%$1,184,715
Kingdon Capital Management, L.L.C. Options Holdings in Q1 2026

15 options positions in the latest reporting period.

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QuarterSymbolCompanyOptionContractsNotional Value
Q1 2026SPYSPDR S&P 500PUT285,000$185,346,900
Q1 2026IWMiShares Russell 2000 ETFPUT100,000$24,800,000
Q1 2026MTUMiShares MSCI USA Momentum FactoPUT65,000$15,599,350
Q1 2026EWYiShares Inc iShares MSCI South PUT120,000$14,761,200
Q1 2026SMHVanEck Semiconductor ETFPUT35,000$13,419,000
Q1 2026HOODRobinhood Markets, Inc.CALL150,000$10,395,000
Q1 2026XLFSPDR Select Sector Fund - FinanPUT200,000$9,874,000
Q1 2026GEGE AerospaceCALL30,000$8,513,100
Q1 2026G6683N103Nu HoldingsCALL500,000$7,185,000
Q1 2026VICRVicor CorporationCALL40,000$6,440,000
Q1 2026TVTXTravere Therapeutics, Inc.PUT200,000$5,942,000
Q1 2026G32089107eToroCALL150,000$4,504,500
Q1 2026NOWServiceNow, Inc.CALL35,000$3,659,250
Q1 2026COMPCompass, Inc.CALL400,000$2,924,000
Q1 2026ALITAlight, Inc.CALL900,000$524,430

Notional value represents the total exposure of the options position.