Arkolith/Funds/Armistice Capital, LLC

Armistice Capital, LLC

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

Armistice Capital, LLC holds a diversified book of 250 stocks worth $3.0B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened UNITEDHEALTH GROUP INC and trimmed PTC THERAPEUTICS INC. Their largest long position is TRAVERE THERAPEUTICS INC at 5% of the equity 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 equity book.

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Use Arkolith to show ARMISTICE CAPITAL, LLC's latest
holdings, largest changes, and filing provenance.
Opened
87
new positions
Added to
63
existing
Trimmed
84
reduced
Sold out
201
exited

Concentration

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.

Direct sector allocation

30% mapped to company sectors

ETF / fund or unclassified
70%
Health Care
24%
Consumer Staples
2%
Industrials
2%
Consumer Discretionary
1%
Materials
0%
Communication Services
0%
Financials
0%

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, no cost basis

Bought
Trimmed / exited
  • −99%$68.3M
  • IMMUNOVANT INC
    −38%$54.2M
  • DENTSPLY SIRONA INC
    −59%$49.9M
  • −26%$49.6M
  • GE HEALTHCARE TECHNOLOGIES I
    −85%$48.0M
  • SUPERNUS PHARMACEUTICALS
    −31%$44.9M

Holdings: largest first

Bars show each stock'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

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 INC$112.0M1.7M
CALL · bullishAGIOS PHARMACEUTICALS INC$108.3M3.2M
CALL · bullishIMMUNOVANT INC$47.2M1.9M
CALL · bullishPTC THERAPEUTICS INCPTCT$26.6M390K
CALL · bullishSENTINELONE INC$21.3M1.6M
CALL · bullishFIVE9 INC$19.0M1.3M
CALL · bullishPENN ENTERTAINMENT INCPENN$13.5M900K
PUT · bearishCYTOKINETICS INC$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 equity book, weighting, concentration and sector figures above.

Filing history

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

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 2026267$5.6B13F-HR
Q4 2025Dec 31, 2025Feb 17, 2026370$8.4B13F-HR
Q3 2025Sep 30, 2025Nov 17, 2025332$6.7B13F-HR
Q2 2025Jun 30, 2025Aug 14, 2025210$5.8B13F-HR
Q1 2025Mar 31, 2025May 15, 2025230$6.7B13F-HR
Q4 2024Dec 31, 2024Feb 14, 2025232$7.3B13F-HR
Q3 2024Sep 30, 2024Nov 14, 2024259$6.3B13F-HR
Q2 2024Jun 30, 2024Aug 14, 2024254$7.9B13F-HR
Q1 2024Mar 31, 2024May 15, 2024337$7.5B13F-HR
Q4 2023Dec 31, 2023Feb 13, 2024297$7.3B13F-HR
Q3 2023Sep 30, 2023Nov 14, 2023254$6.5B13F-HR
Q2 2023Jun 30, 2023Aug 14, 2023222$6.9B13F-HR
Q1 2023Mar 31, 2023May 15, 2023226$6.9B13F-HR
Q4 2022Dec 31, 2022Feb 14, 2023193$5.7B13F-HR
Q3 2022Sep 30, 2022Nov 14, 2022197$5.8B13F-HR
Q2 2022Jun 30, 2022Aug 15, 2022176$5.7B13F-HR
Q1 2022Mar 31, 2022May 16, 2022141$5.2B13F-HR
Q4 2021Dec 31, 2021Feb 14, 2022145$6.1B13F-HR
Q3 2021Sep 30, 2021Nov 15, 2021139$5.9B13F-HR
Q2 2021Jun 30, 2021Aug 16, 2021116$5.6B13F-HR
Q1 2021Mar 31, 2021May 17, 2021111$4.4B13F-HR
Q4 2020Dec 31, 2020Mar 4, 2021106$2.2B13F-HR/A
Q3 2020Sep 30, 2020Nov 16, 2020101$2.8B13F-HR
Amended / restated
  • Q4 2020 · filed Feb 16, 202113F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; 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.