TIG Advisors, LLC

CIK

1358253

Location

New York, NY

Portfolio Value

Mid $1,575,307,340

Diversification

Diversified

Reports for

TIG Arbitrage Enhanced Master Fund, L.P. TIG ARBITRAGE ASSOCIATES MASTER FUND, L.P.

Filing Date

Global Rank

#1,518 / 8,700 ▲ 386

Top Industry

Entertainment 14.9%

3Y Alpha vs SPY

-16.1%

Period ended 2 months ago

Filed Aug 14, 2026 · 30d

26 quarters · since Mar 2020

Clone Performance

Sep 2023–Sep 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Not a measure of this manager's performance. Most of TIG Advisors, LLC's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 86% that is ordinary stock — as little as 44% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+14.1%

SPY

+71.2%

Annualised alpha

-15.1%

Max drawdown

−26.8%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Returns are unavailable when a held security or benchmark crosses a captured split without a certified price basis; the requested window is not shortened to hide it. It tracks 86% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

80 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

8.9%

−25.5 pts

Top 5

35.5%

−26.5 pts

Top 10

54.2%

−22.9 pts

HHI

416

Diversified−1,056

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Industrials	21.1%	$333,083,851	9
Communication Services	19.2%	$302,971,450	10
Healthcare	15.6%	$245,294,355	9
Financial Services	15.0%	$236,691,708	29
Technology	9.5%	$150,165,795	5
Consumer Cyclical	6.4%	$100,210,095	7
Consumer Defensive	4.1%	$64,723,000	2
Energy	3.0%	$46,579,169	2
Unclassified	2.7%	$42,952,716	1
Basic Materials	1.7%	$26,100,204	1
Utilities	1.4%	$22,345,531	2
Real Estate	0.3%	$4,189,466	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

24 positions

Ticker	Company	Δ Shares	Shares	Value
KVUE	Kenvue Inc.	+1,633,517	3,358,145	$64,174,150
RIG	Transocean Ltd.	+1,485,693	3,981,919	$19,471,583
DMII	Drugs Made In America Acquisition II Corp.	+500,000	1,000,000	$5,030,000
CZR	Caesars Entertainment, Inc.	+408,049	1,502,671	$45,350,610
IRHO	Iron Horse Acquisition II Corp.	+400,000	800,000	$4,012,000
—		+359,500	2,959,500	$0
UWMC	UWM Holdings Corp	+219,572	244,572	$560,069
PEN	Penumbra Inc	+155,000	215,082	$67,912,141
—		+135,762	300,146	$0
LPCV	Launchpad Cadenza Acquisition Corp I	+133,330	533,330	$4,000,000
ADAC	American Drive Acquisition Co	+133,330	533,330	$4,008,000
QXO	QXO, Inc.	+132,109	466,022	$8,052,860
IACO	Idea Acquisition Corp.	+116,665	466,665	$3,468,500
ALOV	Aldabra 4 Liquidity Opportunity Vehicle, Inc.	+116,662	466,662	$3,479,000
EVOX	Evolution Global Acquisition Corp	+111,867	335,605	$2,241,854
—		+98,893	2,005,000	$104,159,750
UNF	Unifirst Corp	+65,309	183,161	$48,438,758
PZZA	Papa Johns International Inc	+63,453	83,770	$3,080,222
HACQ	HCM IV Acquisition Corp.	+62,523	312,623	$2,508,503
ITHA	ITHAX Acquisition Corp III	+49,998	149,998	$998,000
BLRK	Bluerock Acquisition Corp.	+33,331	133,331	$998,000
MESH	Meshflow Acquisition Corp	+33,331	133,331	$1,001,000
—		+1,044	115,793	$0
SPY	Spdr S&P 500 ETF Trust	+146	57,518	$42,952,716
No positions match the current search.

Trimmed

Positions the filer reduced

15 positions

Ticker	Company	Δ Shares	Shares	Value
TWO-PC	Two Harbors Investment Corp.	−1,312,404	61,680	$1,538,916
WBD	Warner Bros. Discovery, Inc.	−538,121	4,387,848	$116,980,027
AES	Aes Corp	−440,006	1,353,238	$19,838,469
SUNC	SunocoCorp LLC	−436,814	400,585	$27,107,586
PSKY	Paramount Skydance Corp	−328,243	371,165	$3,659,686
DBRG	DigitalBridge Group, Inc.	−232,414	2,765,236	$43,635,424
—		−140,261	268,339	$55,020,228
—		−126,352	488,638	$37,341,715
RNA	Atrium Therapeutics, Inc.	−46,019	561,533	$7,552,618
QRVO	Qorvo, Inc.	−22,911	445,314	$41,534,436
NSC	Norfolk Southern Corp	−19,690	316,508	$99,570,251
SLAB	Silicon Laboratories Inc.	−14,670	168,163	$36,753,705
NFLX	Netflix Inc	−10,666	14,144	$1,009,881
TECK	Teck Resources Ltd	−6,408	438,954	$26,100,204
BHF	Brighthouse Financial, Inc.	−955	14,045	$889,048
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
—		395,094	$140,072,675
ROKU	Roku, Inc	708,275	$97,841,108
TECH	BIO-TECHNE Corp	842,192	$59,500,864
APGE	Apogee Therapeutics, Inc.	364,250	$48,346,902
—		1,668,329	$41,508,025
NATL	NCR Atleos Corp	831,361	$36,089,381
ACA	Arcosa, Inc.	239,765	$34,835,456
MGM	MGM Resorts International	677,038	$32,369,186
PAYO	Payoneer Global Inc.	2,935,174	$20,898,438
OGN	Organon & Co.	1,400,283	$18,959,831
SYNA	SYNAPTICS Inc	119,857	$14,889,835
SGI	Somnigroup International Inc.	141,492	$11,092,972
IRDM	Iridium Communications Inc.	168,600	$9,247,710
FOXA	Fox Corp	165,497	$8,632,323
BZH	Beazer Homes USA Inc	296,510	$8,317,105
GSAT	Globalstar, Inc.	92,797	$7,543,468
MZYX	MOZAYYX Acquisition Corp.	350,100	$3,490,497
CCI	Crown Castle Inc.	35,000	$2,650,550
NEE	Nextera Energy Inc	28,564	$2,507,062
TMUS	T-Mobile US, Inc.	11,098	$1,861,467
BLFS	Biolife Solutions Inc	53,611	$1,513,974
SSTK	Shutterstock, Inc.	84,269	$1,175,552
GFL	GFL Environmental Inc.	29,705	$1,092,846
KMB	Kimberly Clark Corp	5,000	$548,850
CSL	Carlisle Companies Inc	1,500	$544,125
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	5,960,514	$456,217,741
RVMD	Revolution Medicines, Inc.	60,968	$5,929,138
HSY	Hershey Co	20,000	$4,157,800
CECO	Ceco Environmental Corp	54,234	$3,231,261
EL	Estee Lauder Companies Inc	45,000	$3,229,650
BSX	Boston Scientific Corp	36,602	$2,296,775
TTWO	Take Two Interactive Software Inc	8,932	$1,764,070
VSNT	Versant Media Group, Inc.	44,472	$1,646,353
ZIM	ZIM Integrated Shipping Services Ltd.	53,759	$1,416,549
SWKS	Skyworks Solutions, Inc.	24,423	$1,307,851
PEGA	Pegasystems Inc	27,845	$1,185,083
SGRY	Surgery Partners, Inc.	86,212	$1,027,647
BCO	Brinks Co	7,504	$777,639
RKT	Rocket Companies, Inc.	49,450	$704,662
—		69,003	$681,749
CRM	Salesforce, Inc.	2,499	$466,488
AAXJ	iShares MSCI All Country Asia ex Japan ETF	2,510	$200,925
—		642,867	$0
—		613,918	$0
—		50,000	$0
—		135,197	$0
—		473,792	$0
—		620,846	$0
—		1,071,046	$0
—		3,439,961	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

80 tracked positions · $1,575,307,340 total · filing declares 109 positions · $2,257,290,080 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 80 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
		NEW	395,094	NEW	$140,072,675	NEW	8.89%
WBD	Warner Bros. Discovery, Inc. PUT CALL + SHARES Communication Services	Reduced	4,387,848	-538,121	$116,980,027	−13.5%	7.43%
		Added	2,005,000	+98,893	$104,159,750	—	6.61%
NSC	Norfolk Southern Corp Industrials	Reduced	316,508	-19,690	$99,570,251	+3.2%	6.32%
ROKU	Roku, Inc Communication Services	NEW	708,275	NEW	$97,841,108	NEW	6.21%
PEN	Penumbra Inc Healthcare	Added	215,082	+155,000	$67,912,141	+244.2%	4.31%
KVUE	Kenvue Inc. Consumer Defensive	Added	3,358,145	+1,633,517	$64,174,150	+115.8%	4.07%
TECH	BIO-TECHNE Corp Healthcare	NEW	842,192	NEW	$59,500,864	NEW	3.78%
	PUT + SHARES	Reduced	268,339	-140,261	$55,020,228	−34.0%	3.49%
UNF	Unifirst Corp Industrials	Added	183,161	+65,309	$48,438,758	+63.4%	3.07%
APGE	Apogee Therapeutics, Inc. Healthcare	NEW	364,250	NEW	$48,346,902	NEW	3.07%
CZR	Caesars Entertainment, Inc. Consumer Cyclical	Added	1,502,671	+408,049	$45,350,610	+56.8%	2.88%
DBRG	DigitalBridge Group, Inc. Financial Services	Reduced	2,765,236	-232,414	$43,635,424	−5.6%	2.77%
SPY	Spdr S&P 500 ETF Trust	Added	57,518	+146	$42,952,716	+15.1%	2.73%
QRVO	Qorvo, Inc. Technology	Reduced	445,314	-22,911	$41,534,436	+14.6%	2.64%
		NEW	1,668,329	NEW	$41,508,025	NEW	2.63%
		Reduced	488,638	-126,352	$37,341,715	−12.5%	2.37%
SLAB	Silicon Laboratories Inc. Technology	Reduced	168,163	-14,670	$36,753,705	−3.4%	2.33%
NATL	NCR Atleos Corp Technology	NEW	831,361	NEW	$36,089,381	NEW	2.29%
ACA	Arcosa, Inc. Industrials	NEW	239,765	NEW	$34,835,456	NEW	2.21%
MGM	MGM Resorts International PUT + SHARES Consumer Cyclical	NEW	677,038	NEW	$32,369,186	NEW	2.05%
SUNC	SunocoCorp LLC Energy	Reduced	400,585	-436,814	$27,107,586	−47.5%	1.72%
TECK	Teck Resources Ltd Basic Materials	Reduced	438,954	-6,408	$26,100,204	+13.2%	1.66%
PAYO	Payoneer Global Inc. Technology	NEW	2,935,174	NEW	$20,898,438	NEW	1.33%
AES	Aes Corp Utilities	Reduced	1,353,238	-440,006	$19,838,469	−21.5%	1.26%
RIG	Transocean Ltd. Energy	Added	3,981,919	+1,485,693	$19,471,583	+17.7%	1.24%
OGN	Organon & Co. Healthcare	NEW	1,400,283	NEW	$18,959,831	NEW	1.20%
SYNA	SYNAPTICS Inc Technology	NEW	119,857	NEW	$14,889,835	NEW	0.95%
SGI	Somnigroup International Inc. Consumer Cyclical	NEW	141,492	NEW	$11,092,972	NEW	0.70%
IRDM	Iridium Communications Inc. CALL Communication Services	NEW	168,600	NEW	$9,247,710	NEW	0.59%
FOXA	Fox Corp CALL + SHARES Communication Services	NEW	165,497	NEW	$8,632,323	NEW	0.55%
BZH	Beazer Homes USA Inc Consumer Cyclical	NEW	296,510	NEW	$8,317,105	NEW	0.53%
QXO	QXO, Inc. CALL + SHARES Industrials	Added	466,022	+132,109	$8,052,860	+24.2%	0.51%
RNA	Atrium Therapeutics, Inc. Healthcare	Reduced	561,533	-46,019	$7,552,618	−7.0%	0.48%
GSAT	Globalstar, Inc. Communication Services	NEW	92,797	NEW	$7,543,468	NEW	0.48%
DMII	Drugs Made In America Acquisition II Corp. Financial Services	Added	1,000,000	+500,000	$5,030,000	+0.2%	0.32%
IRHO	Iron Horse Acquisition II Corp. Financial Services	Added	800,000	+400,000	$4,012,000	+0.7%	0.25%
ADAC	American Drive Acquisition Co Financial Services	Added	533,330	+133,330	$4,008,000	+0.3%	0.25%
LPCV	Launchpad Cadenza Acquisition Corp I Financial Services	Added	533,330	+133,330	$4,000,000	—	0.25%
PSKY	Paramount Skydance Corp CALL + SHARES Communication Services	Reduced	371,165	-328,243	$3,659,686	−42.0%	0.23%
MZYX	MOZAYYX Acquisition Corp. Financial Services	NEW	350,100	NEW	$3,490,497	NEW	0.22%
ALOV	Aldabra 4 Liquidity Opportunity Vehicle, Inc. Financial Services	Added	466,662	+116,662	$3,479,000	−0.1%	0.22%
IACO	Idea Acquisition Corp. Financial Services	Added	466,665	+116,665	$3,468,500	0.0%	0.22%
LWAC	LightWave Acquisition Corp. Financial Services	Held	315,406	0	$3,223,449	+0.2%	0.20%
AXIN	Axiom Intelligence Acquisition Corp 1 Financial Services	Held	300,001	0	$3,102,010	+2.1%	0.20%
PZZA	Papa Johns International Inc Consumer Cyclical	Added	83,770	+63,453	$3,080,222	+367.8%	0.20%
CCI	Crown Castle Inc. CALL Real Estate	NEW	35,000	NEW	$2,650,550	NEW	0.17%
HACQ	HCM IV Acquisition Corp. Financial Services	Added	312,623	+62,523	$2,508,503	0.0%	0.16%
NEE	Nextera Energy Inc Utilities	NEW	28,564	NEW	$2,507,062	NEW	0.16%
EVOX	Evolution Global Acquisition Corp Financial Services	Added	335,605	+111,867	$2,241,854	−1.8%	0.14%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.