Laurion Capital Management LP

Registered adviser

CIK

1390202

Location

NEW YORK, NY

Portfolio Value

Mid $3,843,402,567

Diversification

Diversified

Filing Date

Global Rank

#1,065 / 8,818 ▲ 299

Top Industry

Semiconductors 16.8%

Period ended 4 months ago

Filed Aug 13, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 161278

Roster of Oct 1, 2026

Regulatory AUM

$6,764,043,000

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

3 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$10,743,587,196 gross assets

LEI

QXRBRIS8U2ZSYILE8G77

Private funds on Schedule D 7.B.(1)

As filed Mar 27, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$18,260,115,873 gross assets in 3 funds Hedge funds $18,260,115,873 (3)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$6,764,043,000	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$9,329,428,000	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$12,515,227,000	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$11,863,998,000	Pooled investment vehicles (100%)
Apr 2023	$11,863,998,000	Pooled investment vehicles (100%)
Apr 2022 to Mar 2023	$13,966,626,000	Pooled investment vehicles (100%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 65.4% of the book (60%+)

Turnover

High turnover

146.5% over the last four quarters (100%+)

Horizon

Horizon unknown

The value-weighted holding period is at least 5.0 quarters, but 0.8% of the book was already held when coverage starts

Closest benchmark: the Russell 1000 as of 2026-06-30, active share 86.1%; sector active share 36.2% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

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

Top Position

10.5%

+3.5 pts

Top 5

24.0%

+0.7 pts

Top 10

37.5%

+2.1 pts

HHI

262

Diversified+61

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	46.6%	$1,789,239,642	89
Unclassified	10.6%	$406,814,300	2
Industrials	9.1%	$348,402,928	37
Communication Services	8.8%	$339,417,000	17
Healthcare	8.3%	$320,207,490	42
Financial Services	6.4%	$247,169,336	29
Consumer Cyclical	5.1%	$196,198,887	32
Real Estate	1.8%	$69,878,779	3
Basic Materials	1.7%	$65,526,674	13
Utilities	0.6%	$24,764,896	4
Energy	0.6%	$22,952,703	11
Consumer Defensive	0.3%	$12,829,932	10

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
WBD	Warner Bros. Discovery, Inc.	+824,517	3,935,000	$104,907,100
CRDF	Cardiff Oncology, Inc.	+451,561	3,098,299	$4,027,788
MLYS	Mineralys Therapeutics, Inc.	+274,112	2,506,152	$67,615,980
MDLN	Medline Inc.	+148,567	348,643	$13,750,479
CMG	Chipotle Mexican Grill Inc	+141,865	146,336	$4,975,424
KTOS	Kratos Defense & Security Solutions, Inc.	+131,890	356,890	$17,794,535
BBIO	BridgeBio Pharma, Inc.	+89,583	1,352,234	$100,714,388
BBOT	BridgeBio Oncology Therapeutics, Inc.	+80,045	2,002,701	$15,260,581
B	Barrick Mining Corp	+72,640	104,308	$3,831,232
HOOD	Robinhood Markets, Inc.	+65,178	99,074	$9,935,140
FCX	Freeport-Mcmoran Inc	+57,642	97,807	$6,151,082
CEG	Constellation Energy Corp	+42,900	47,865	$11,888,230
BX	Blackstone Inc.	+41,551	45,050	$5,301,033
MO	Altria Group, Inc.	+40,369	52,376	$3,768,453
COIN	Coinbase Global, Inc.	+37,378	37,448	$5,474,523
ABBV	AbbVie Inc.	+33,773	42,168	$10,611,155
NSC	Norfolk Southern Corp	+32,701	384,349	$120,912,351
MSFT	Microsoft Corp	+32,313	34,913	$13,023,247
NEE	Nextera Energy Inc	+21,093	32,437	$2,846,995
CRM	Salesforce, Inc.	+19,113	21,513	$3,370,226
DAL	Delta Air Lines, Inc.	+15,811	15,841	$1,483,668
NEM	NEWMONT Corp	+14,635	35,592	$3,324,292
VLO	Valero Energy Corp	+9,167	15,786	$4,111,305
WDC	Western Digital Corp	+8,188	14,017	$8,952,938
DELL	Dell Technologies Inc.	+6,638	7,453	$3,215,671
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
IMUX	Immunic, Inc.	−3,271,836	610,326	$9,380,710
FPS	Forgent Power Solutions, Inc.	−406,200	293,800	$16,411,668
BOBS	Bob's Discount Furniture, Inc.	−150,000	300,000	$4,746,000
PYXS	Pyxis Oncology, Inc.	−96,445	4,900,888	$14,751,672
COLB	Columbia Banking System, Inc.	−68,763	8,694	$278,642
DASH	DoorDash, Inc.	−31,878	8,260	$1,524,217
ADBE	Adobe Inc.	−31,471	1,338	$274,316
SCHW	Schwab Charles Corp	−30,762	2,471	$227,999
SOFI	SoFi Technologies, Inc.	−30,365	24,760	$443,946
ORCL	Oracle Corp	−21,410	16,900	$2,476,695
MRVL	Marvell Technology, Inc.	−21,300	1,851	$551,394
XYZ	Block, Inc.	−17,606	15,306	$1,163,256
CDNS	Cadence Design Systems Inc	−17,383	132	$49,542
NFLX	Netflix Inc	−16,992	8,857	$632,389
EBAY	Ebay Inc	−16,979	15,921	$1,779,171
FERG	Ferguson Enterprises Inc.	−14,000	11,995	$2,846,773
CAT	Caterpillar Inc	−13,549	950	$1,011,655
LNG	Cheniere Energy, Inc.	−12,839	15,674	$3,746,242
CCJ	Cameco Corp	−12,683	1,544	$157,271
CSCO	Cisco Systems, Inc.	−11,726	4,047	$475,360
UBER	Uber Technologies, Inc	−11,599	15,985	$1,153,477
UPS	United Parcel Service Inc	−9,966	5,700	$612,750
FTNT	Fortinet, Inc.	−9,166	5,668	$870,718
BAM	Brookfield Asset Management Ltd.	−6,678	8,822	$395,666
VEEV	Veeva Systems Inc	−5,779	1,521	$269,931
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SPY	Spdr S&P 500 ETF Trust	270,000	$201,627,900
DLR	Digital Realty Trust, Inc.	386,500	$69,407,670
QCOM	Qualcomm Inc	127,570	$23,573,660
INIO	Innio N.V.	400,000	$15,820,000
CVNA	Carvana Co.	190,226	$12,520,675
MPWR	Monolithic Power Systems, Inc.	3,579	$4,947,466
OCTV	Octave Intelligence plc	270,246	$4,405,009
ON	On Semiconductor Corp	43,557	$4,117,878
CVS	CVS HEALTH Corp	39,223	$4,057,619
HUM	Humana Inc	9,323	$3,703,282
SHAZ	SharonAI Holdings Inc.	43,649	$3,695,324
SPGI	S&P Global Inc.	8,900	$3,624,613
—		110,000	$3,558,500
XOM	ExxonMobil Holdings Corp	25,950	$3,547,884
COP	Conocophillips	30,883	$3,210,596
LITE	Lumentum Holdings Inc.	3,587	$3,077,861
CVX	Chevron Corp	18,157	$3,009,704
LFTO	Liftoff Mobile, Inc.	125,000	$3,002,500
BE	Bloom Energy Corp	8,985	$2,719,759
KO	Coca Cola Co	33,378	$2,712,630
DE	Deere & Co	4,241	$2,690,193
CRDO	Credo Technology Group Holding Ltd	9,544	$2,595,490
CBRS	Cerebras Systems Inc.	10,900	$2,408,900
VRTX	Vertex Pharmaceuticals Inc	4,706	$2,337,611
FANG	Diamondback Energy, Inc.	11,100	$1,951,158
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
—		604,506	$45,694,609
SARO	StandardAero, Inc.	600,000	$15,498,000
AMAT	Applied Materials Inc	23,522	$8,039,584
NVDA	Nvidia Corp	44,399	$7,743,185
LRCX	Lam Research Corp	32,396	$6,921,729
CRWD	CrowdStrike Holdings, Inc.	16,341	$6,379,689
ASML	Asml Holding NV	4,550	$6,009,776
VOR	Vor Biopharma Inc.	318,670	$5,685,072
NOW	ServiceNow, Inc.	54,276	$5,674,555
GOOGL	Alphabet Inc.	18,810	$5,409,003
SNPS	Synopsys Inc	13,098	$5,193,095
DDOG	Datadog, Inc.	43,683	$5,156,778
AMD	Advanced Micro Devices Inc	23,744	$4,830,241
TER	Teradyne, Inc	16,173	$4,794,647
SBUX	Starbucks Corp	53,035	$4,751,405
GOOG	Alphabet Inc.	16,444	$4,717,125
TSLA	Tesla, Inc.	12,293	$4,569,922
GLW	Corning Inc	30,951	$4,208,407
AAPL	Apple Inc.	15,672	$3,977,396
LULU	lululemon athletica inc.	24,452	$3,743,601
SHOP	Shopify Inc.	30,619	$3,632,025
EL	Estee Lauder Companies Inc	48,681	$3,493,835
AXON	Axon Enterprise, Inc.	7,330	$3,112,977
URI	United Rentals, Inc.	4,126	$3,006,038
APH	Amphenol Corp	23,494	$2,968,466
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

289 tracked positions · $3,843,402,567 total · filing declares 420 positions · $3,898,679,350 · 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 289 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
SPY	Spdr S&P 500 ETF Trust PUT + SHARES	NEW	540,000	NEW	$403,255,800	NEW	1	$725.01	10.49%
AMD	Advanced Micro Devices Inc PUT CALL Technology	Added	288,300	+108,656	$167,476,353	+358.3%	—	—	4.36%
NSC	Norfolk Southern Corp Industrials	Added	384,349	+32,701	$120,912,351	+19.8%	4	$281.89	3.15%
		Reduced	563,574	-203,271	$115,555,212	−26.1%	4	$190.54	3.01%
AMAT	Applied Materials Inc PUT CALL Technology	Added	158,800	+64,978	$114,812,400	+258.0%	—	—	2.99%
DELL	Dell Technologies Inc. PUT CALL + SHARES Technology	Added	259,453	+187,238	$111,943,591	+844.5%	3	$273.01	2.91%
WBD	Warner Bros. Discovery, Inc. Communication Services	Added	3,935,000	+824,517	$104,907,100	+22.8%	5	$24.57	2.73%
GLW	Corning Inc PUT CALL Technology	Added	396,600	+219,049	$101,303,538	+319.6%	—	—	2.64%
BBIO	BridgeBio Pharma, Inc. Healthcare	Added	1,352,234	+89,583	$100,714,388	+7.4%	18	$17.94	2.62%
HOOD	Robinhood Markets, Inc. PUT CALL + SHARES Financial Services	Added	996,274	+665,878	$99,906,356	+336.3%	2	$85.11	2.60%
DDOG	Datadog, Inc. PUT CALL Technology	Added	348,300	+215,417	$90,683,388	+478.1%	—	—	2.36%
CVNA	Carvana Co. PUT CALL + SHARES Consumer Cyclical	NEW	1,343,326	NEW	$88,417,717	NEW	1	unpriced	2.30%
QCOM	Qualcomm Inc PUT CALL + SHARES Technology	NEW	478,170	NEW	$88,361,034	NEW	1	$187.00	2.30%
INTC	Intel Corp PUT CALL Technology	Added	624,500	+296,341	$87,198,935	+502.1%	—	—	2.27%
NET	Cloudflare, Inc. PUT CALL Technology	Added	307,000	+277,271	$75,300,960	+1127.5%	—	—	1.96%
SNOW	Snowflake Inc. PUT CALL Technology	NEW	289,700	NEW	$73,728,650	NEW	—	—	1.92%
LRCX	Lam Research Corp PUT CALL Technology	Added	168,000	+39,104	$72,799,440	+164.3%	—	—	1.89%
FIX	Comfort Systems USA Inc PUT CALL + SHARES Industrials	Added	35,157	+22,097	$69,679,416	+286.9%	2	$1,269.64	1.81%
DLR	Digital Realty Trust, Inc. Real Estate	NEW	386,500	NEW	$69,407,670	NEW	1	$191.52	1.81%
MLYS	Mineralys Therapeutics, Inc. Healthcare	Added	2,506,152	+274,112	$67,615,980	+11.8%	14	$18.22	1.76%
APP	AppLovin Corp PUT CALL Communication Services	NEW	125,600	NEW	$64,712,888	NEW	—	—	1.68%
COHR	Coherent Corp. PUT CALL + SHARES Technology	NEW	146,628	NEW	$57,840,347	NEW	1	$353.72	1.50%
KLAC	Kla Corp PUT CALL Technology	Added	155,700	+148,800	$46,976,247	+362.4%	—	—	1.22%
PLTR	Palantir Technologies Inc. PUT CALL Technology	Added	391,400	+231,554	$45,664,638	+95.3%	—	—	1.19%
NUVB	Nuvation Bio Inc. Healthcare	Reduced	7,820,013	-2,625	$44,417,673	+32.4%	9	$2.53	1.16%
AVGO	Broadcom Inc. PUT CALL + SHARES Technology	Reduced	111,322	-19,697	$42,051,885	+3.7%	3	$357.61	1.09%
COIN	Coinbase Global, Inc. PUT CALL + SHARES Financial Services	Added	278,948	+253,678	$40,779,408	+824.2%	3	$180.74	1.06%
ANET	Arista Networks, Inc. PUT CALL Technology	Added	239,200	+108,887	$40,635,296	+154.0%	—	—	1.06%
TSM	Taiwan Semiconductor Manufacturing Co Ltd PUT CALL Technology	Added	81,700	+55,100	$39,017,469	+334.0%	—	—	1.02%
LITE	Lumentum Holdings Inc. PUT CALL + SHARES Technology	NEW	44,287	NEW	$38,000,903	NEW	1	$892.05	0.99%
GS	Goldman Sachs Group Inc PUT CALL Financial Services	Added	35,200	+23,600	$35,600,224	+262.8%	—	—	0.93%
ALAB	Astera Labs, Inc. PUT CALL + SHARES Technology	NEW	67,241	NEW	$32,478,747	NEW	1	$265.37	0.85%
MRVL	Marvell Technology, Inc. PUT CALL + SHARES Technology	Added	108,551	+85,400	$32,336,257	+1310.2%	2	$83.99	0.84%
WDC	Western Digital Corp PUT CALL + SHARES Technology	Added	48,317	+42,488	$30,861,034	+1857.3%	2	$392.59	0.80%
FCX	Freeport-Mcmoran Inc PUT CALL + SHARES Basic Materials	Added	440,207	+100,442	$27,684,618	+38.6%	2	$62.70	0.72%
MPWR	Monolithic Power Systems, Inc. PUT CALL + SHARES Technology	Added	19,579	+14,979	$27,065,226	+438.1%	1	$1,501.40	0.70%
IBM	International Business Machines Corp PUT CALL Technology	Added	93,500	+80,895	$26,293,135	+760.6%	—	—	0.68%
VRT	Vertiv Holdings Co PUT CALL + SHARES Industrials	Added	77,722	+66,922	$26,022,880	+861.6%	3	$206.81	0.68%
HPE	Hewlett Packard Enterprise Co PUT CALL Technology	Added	547,600	+209,421	$24,702,236	+206.8%	—	—	0.64%
MCHP	Microchip Technology Inc PUT CALL + SHARES Technology	Added	244,263	+82,763	$22,276,785	+113.5%	1	$89.18	0.58%
CIEN	Ciena Corp PUT CALL + SHARES Technology	NEW	43,763	NEW	$21,468,377	NEW	1	$509.94	0.56%
C	Citigroup Inc PUT CALL Financial Services	Reduced	141,700	-159,357	$19,832,332	−41.9%	—	—	0.52%
TSLA	Tesla, Inc. PUT CALL Consumer Cyclical	Reduced	45,300	-23,693	$19,053,180	−25.7%	—	—	0.50%
BX	Blackstone Inc. PUT CALL + SHARES Financial Services	Added	161,750	+13,451	$19,033,122	+11.6%	4	$124.13	0.50%
BE	Bloom Energy Corp PUT CALL + SHARES Industrials	NEW	62,785	NEW	$19,005,019	NEW	1	$256.21	0.49%
RKLB	Rocket Lab Corp PUT CALL + SHARES Industrials	NEW	184,888	NEW	$18,793,865	NEW	1	$99.63	0.49%
CRWV	CoreWeave, Inc. PUT CALL + SHARES Technology	Added	187,400	+177,411	$18,653,796	+2310.5%	4	$116.59	0.49%
SNDK	Sandisk Corp PUT CALL + SHARES Technology	Added	8,191	+2,901	$18,624,122	+454.1%	3	$200.29	0.48%
CRM	Salesforce, Inc. PUT CALL + SHARES Technology	Added	114,013	+68,913	$17,861,276	+112.2%	2	$179.34	0.46%
KTOS	Kratos Defense & Security Solutions, Inc. Industrials	Added	356,890	+131,890	$17,794,535	+12.2%	2	$82.81	0.46%

Showing the top 50 of 289 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.