Arkolith/Funds/Armistice Capital, LLC

Armistice Capital, LLC

CIK 1601086
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·One quarter behind·13F-HR
Inactive

Armistice Capital, LLC holds a diversified book of 251 reported positions worth $3.0B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter Bimergen Energy Corp first appears in 13F filings, a listing rather than a purchase; they opened Unitedhealth Group Inc and trimmed PTC Therapeutics Inc. Their largest long position is Travere Therapeutics Inc at 5% of the reported non-option book. They also disclosed $2.2B in put options (a bearish bet) and $347.8M in call options (bullish), shown separately below and excluded from the non-option book. Cloning the disclosed picks since 2015 would be +159% (+8.6%/yr). That is a simulation of the disclosed long book, not audited returns.

Opened
101
bought for the first time
+98 more · largest first
1 newly reportable · first quarter we see the security in 13F filings, a listing not a purchase
  • Bimergen Energy Corp
Sold out
202
exited the position entirely
+199 more · largest first, by prior value

Growth of $10,000: cloning the disclosed book

If you'd copied them
+159.3%
+8.6%/yr · since Feb '15
Their reported book
+136.3%
held from quarter-end
S&P 500
+335.3%
same window
$8K$17K$26K$35K$44KFeb '15Jun '17Oct '19Feb '22Jun '24Sep '26
Armistice Capital, LLC (copied at disclosure) S&P 500

Following at the filing date actually beat the quarter-end book by 23.1 points over this window.

Growth of $10,000 cloning Armistice Capital, LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~45 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

How much sits in the biggest positions

Top-heavy: diversified book

Top 5 holdings
20%
Top 10 holdings
32%
Top 20 holdings
47%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

100% mapped to company sectors

Health Care
70%
Information Technology
16%
Consumer Discretionary
5%
Industrials
5%
Consumer Staples
2%
Materials
2%

+7 sectors below the cut, 1% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited
Newly reportable· first quarter we see the security in 13F filings · position value, not a trade
  • Bimergen Energy CorpBESS/WS
    Listed$134K

Funds with the most overlap

Other tracked managers holding the same core names as Armistice Capital, LLC

Manager / fundShared namesTheir $ in those
Hoey Investments, Inc22 / 80$527.5M
Skandinaviska Enskilda Banken AB (publ)14 / 80$1.5B
OceanIQ Capital, LLC10 / 80$82.6M
Jia Investment Alliance Pte. LTD.8 / 80$525.9M
Chase Coleman8 / 80$11.5B
DSM Capital Partners LLC11 / 80$2.7B
Parus Finance (UK) Ltd9 / 80$176.5M
Yarbrough Capital, LLC9 / 80$1.3B

Ranked by the share of each fund's own book sitting in the names it shares with Armistice Capital, LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

251 positions
#SecurityValueShares% PortLast moveHistory
1Travere Therapeutics Inc
COM
$145.5M4.90M
4.8%
+30%
Added · +1.1M sh
2PTC Therapeutics Inc
COM
$141.3M2.07M
4.7%
−26%
Reduced · −727K sh
3Madrigal Pharmaceuticals Inc
COM
$138.5M264.6K
4.6%
−0.4%
Reduced · −1K sh
4Supernus Pharmaceuticals
COM
$98.0M1.90M
3.2%
−31%
Reduced · −869K sh
5Neurocrine Biosciences Inc
COM
$95.4M724.0K
3.1%
−12%
Reduced · −96K sh
6Agios Pharmaceuticals Inc
COM
$91.9M2.72M
3.0%
−11%
Reduced · −320K sh
7Immunovant Inc
COM
$88.6M3.56M
2.9%
−38%
Reduced · −2.2M sh
8Freshpet Inc
COM
$64.5M1.09M
2.1%
−16%
Reduced · −203K sh
9Incyte Corp
COM
$61.8M656.8K
2.0%
−40%
Reduced · −441K sh
10Dyne Therapeutics Inc
COM
$57.6M3.18M
1.9%
−2.3%
Reduced · −75K sh
11Amazon Com Inc
COM
$54.6M262.1K
1.8%
−29%
Reduced · −105K sh
12Ironwood Pharmaceuticals Inc
COM CL A
$52.7M15.03M
1.7%
−6.2%
Reduced · −997K sh
13Cytokinetics Inc
COM NEW
$50.4M764.5K
1.7%
−23%
Reduced · −228K sh
14Harmony Biosciences Hldgs In
COM
$45.5M1.62M
1.5%
+225%
Added · +1.1M sh
15Thermo Fisher Scientific Inc
COM
$45.0M91.5K
1.5%
+46%
Added · +29K sh
16Nektar Therapeutics
COM NEW
$41.6M578.0K
1.4%
−3.0%
Reduced · −18K sh
17Unitedhealth Group Inc
COM
$40.0M148.0K
1.3%
New
New position
18Uber Technologies Inc
COM
$37.3M518.8K
1.2%
+83%
Added · +236K sh
19Immunocore Hldgs PLC
ADS
$35.8M1.19M
1.2%
+8.2%
Added · +90K sh
20Dentsply Sirona Inc
COM
$34.8M3.00M
1.1%
−59%
Reduced · −4.3M sh
21Rigel Pharmaceuticals Inc
COM
$34.6M1.28M
1.1%
+53%
Added · +444K sh
22Disc Medicine Inc
COM
$34.3M536.0K
1.1%
+7.3%
Added · +37K sh
23Alphabet Inc
CAP STK CL A
$34.1M118.5K
1.1%
−40%
Reduced · −78K sh
24Mineralys Therapeutics Inc
COM
$31.9M1.18M
1.1%
+74%
Added · +500K sh
25Hubspot Inc
COM
$31.4M128.6K
1.0%
+89%
Added · +61K sh
26Axogen Inc
COM
$31.0M936.0K
1.0%
Held
27Orthofix Med Inc
COM
$31.0M2.70M
1.0%
+2.0%
Added · +52K sh
28Kura Oncology Inc
COM
$30.4M3.74M
1.0%
−24%
Reduced · −1.2M sh
29Avanos Med Inc
COM
$28.0M2.00M
0.9%
−38%
Reduced · −1.2M sh
30Regeneron Pharmaceuticals
COM
$27.9M36.1K
0.9%
−57%
Reduced · −48K sh
31Align Technology Inc
COM
$27.1M158.0K
0.9%
+108%
Added · +82K sh
32Mongodb Inc
CL A
$26.3M107.3K
0.9%
+118%
Added · +58K sh
33Alibaba Group Hldg Ltd
SPONSORED ADS
$25.6M204.0K
0.8%
−36%
Reduced · −115K sh
34Medline Inc
COM CL A
$25.1M564.9K
0.8%
+874%
Added · +507K sh
35Kalvista Pharmaceuticals Inc
COM
$24.9M1.24M
0.8%
+55%
Added · +436K sh
36Datadog Inc
CL A COM
$24.6M208.6K
0.8%
−15%
Reduced · −36K sh
37Humana Inc
COM
$24.5M141.3K
0.8%
+97%
Added · +70K sh
38Sentinelone Inc
CL A
$24.4M1.90M
0.8%
−22%
Reduced · −524K sh
39Verastem Inc
COM NEW
$24.3M4.59M
0.8%
+30%
Added · +1.1M sh
40Five9 Inc
COM
$24.2M1.59M
0.8%
−20%
Reduced · −408K sh
41Intuitive Surgical Inc
COM NEW
$24.0M52.0K
0.8%
−15%
Reduced · −9K sh
42Grifols S A
SP ADR REP B NVT
$24.0M2.99M
0.8%
+7.9%
Added · +220K sh
43Penn Entertainment Inc
COM
$23.7M1.58M
0.8%
−49%
Reduced · −1.5M sh
44Solid Biosciences Inc
COM NEW
$23.0M3.20M
0.8%
+23%
Added · +588K sh
45Gitlab Inc
CLASS A COM
$22.3M1.03M
0.7%
+20%
Added · +170K sh
46Autolus Therapeutics Ltd
SPON ADS
$21.8M15.80M
0.7%
−9.7%
Reduced · −1.7M sh
47Angiodynamics Inc
COM
$21.3M1.87M
0.7%
+9.9%
Added · +169K sh
48Arvinas Inc
COM
$21.0M1.98M
0.7%
+9.9%
Added · +178K sh
49Taiwan Semiconductor Manufac
SPONSORED ADS
$20.7M61.3K
0.7%
+23%
Added · +11K sh
50Alto Neuroscience Inc
COM SHS
$20.5M912.0K
0.7%
−41%
Reduced · −624K sh
Showing 50 of 251 positions
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Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$2.2B
Call notional (bullish)$347.8M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishSS SPDR S&P 500 ETF TRUST-USSPY$1.4B2.1M
PUT · bearishISHARES RUSSELL 2000 ETFIWM$868.0M3.5M
CALL · bullishCYTOKINETICS INCCYTK$112.0M1.7M
CALL · bullishAGIOS PHARMACEUTICALS INCAGIO$108.3M3.2M
CALL · bullishIMMUNOVANT INCIMVT$47.2M1.9M
CALL · bullishPTC THERAPEUTICS INCPTCT$26.6M390K
CALL · bullishSENTINELONE INC -CLASS AS$21.3M1.6M
CALL · bullishFIVE9 INCFIVN$19.0M1.3M
CALL · bullishPENN ENTERTAINMENT INCPENN$13.5M900K
PUT · bearishCYTOKINETICS INCCYTK$13.2M200K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the non-option book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

$8.4B · Q4 2025Q3 2020 · $2.8BQ1 2026 · $5.6B

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202645d267$5.6B13F-HR
Q4 2025Dec 31, 2025Feb 17, 202648d370$8.4B13F-HR
Q3 2025Sep 30, 2025Nov 17, 202548d332$6.7B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202545d210$5.8B13F-HR
Q1 2025Mar 31, 2025May 15, 202545d230$6.7B13F-HR
Q4 2024Dec 31, 2024Feb 14, 202545d232$7.3B13F-HR
Q3 2024Sep 30, 2024Nov 14, 202445d259$6.3B13F-HR
Q2 2024Jun 30, 2024Aug 14, 202445d254$7.9B13F-HR
Q1 2024Mar 31, 2024May 15, 202445d337$7.5B13F-HR
Q4 2023Dec 31, 2023Feb 13, 202444d297$7.3B13F-HR
Q3 2023Sep 30, 2023Nov 14, 202345d254$6.5B13F-HR
Q2 2023Jun 30, 2023Aug 14, 202345d222$6.9B13F-HR
Q1 2023Mar 31, 2023May 15, 202345d226$6.9B13F-HR
Q4 2022Dec 31, 2022Feb 14, 202345d193$5.7B13F-HR
Q3 2022Sep 30, 2022Nov 14, 202245d197$5.8B13F-HR
Q2 2022Jun 30, 2022Aug 15, 202246d176$5.7B13F-HR
Q1 2022Mar 31, 2022May 16, 202246d141$5.2B13F-HR
Q4 2021Dec 31, 2021Feb 14, 202245d145$6.1B13F-HR
Q3 2021Sep 30, 2021Nov 15, 202146d139$5.9B13F-HR
Q2 2021Jun 30, 2021Aug 16, 202147d116$5.6B13F-HR
Q1 2021Mar 31, 2021May 17, 202147d111$4.4B13F-HR
Q4 2020Dec 31, 2020Mar 4, 202163d106$2.2B13F-HR/A
Q3 2020Sep 30, 2020Nov 16, 202047d101$2.8B13F-HR
Amended / restated
  • Q4 2020 · filed Feb 16, 202113F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.