Laurion Capital Management LP
Filing Date
Global Rank
#1,134
/ 8,622
▲ 31
· as of Mar 2026
Top Industry
Biotechnology
11.4%
3Y Alpha vs SPY
+8.5%
Period ended 4 months ago
Filed May 14, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical 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 Laurion Capital Management LP's reported book is option positions, which a stock-only clone
cannot replicate. The figures below are the return of the
26% that is ordinary stock — as little as
13% in one quarter — so a manager whose options
thesis lost money can still show a large gain here.
Cloned portfolio
+105.2%
SPY
+67.9%
Annualised alpha
+8.2%
Max drawdown
−22.2%
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. It tracks 26% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
203 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
7.1%
−1.5 pts
Top 5
23.7%
−9.4 pts
Top 10
34.8%
−15.0 pts
HHI
201
Diversified−149
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 31.7% | $694,176,539 |
| Industrials | 15.9% | $348,234,954 |
| Healthcare | 14.4% | $316,271,406 |
| Communication Services | 13.6% | $298,039,069 |
| Financial Services | 13.2% | $288,860,039 |
| Consumer Cyclical | 6.2% | $134,855,462 |
| Basic Materials | 1.8% | $38,379,715 |
| Utilities | 1.4% | $30,043,831 |
| Energy | 1.0% | $21,518,442 |
| Consumer Defensive | 0.6% | $13,353,688 |
| Unclassified | 0.3% | $7,191,001 |
| Real Estate | 0.1% | $1,633,868 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| PEPG | PepGen Inc. | +698,722 | 2,750,855 | $4,869,013 | |
| WBD | Warner Bros. Discovery, Inc. | +682,873 | 3,110,483 | $85,413,863 | |
| MLYS | Mineralys Therapeutics, Inc. | +518,555 | 2,232,040 | $60,465,963 | |
| BBOT | BridgeBio Oncology Therapeutics, Inc. | +457,718 | 1,922,656 | $17,207,771 | |
| EA | Electronic Arts Inc. | +323,265 | 766,845 | $156,336,690 | |
| PYXS | Pyxis Oncology, Inc. | +200,854 | 4,997,333 | $7,296,106 | |
| PLRX | Pliant Therapeutics, Inc. | +155,396 | 412,796 | $520,122 | |
| MCHP | Microchip Technology Inc | +145,500 | 161,500 | $10,434,515 | |
| PLTR | Palantir Technologies Inc. | +112,801 | 159,846 | $23,382,272 | |
| C | Citigroup Inc | +106,357 | 301,057 | $34,142,874 | |
| CSCO | Cisco Systems, Inc. | +104,569 | 135,473 | $10,511,350 | |
| BX | Blackstone Inc. | +103,571 | 148,299 | $17,052,902 | |
| NOW | ServiceNow, Inc. | +94,476 | 133,376 | $13,944,460 | |
| AVGO | Broadcom Inc. | +92,213 | 131,019 | $40,551,690 | |
| KKR | KKR & Co. Inc. | +70,671 | 137,880 | $12,753,900 | |
| AMD | Advanced Micro Devices Inc | +64,540 | 179,644 | $36,544,978 | |
| AMAT | Applied Materials Inc /De | +56,422 | 93,822 | $32,067,421 | |
| LULU | lululemon athletica inc. | +52,652 | 54,752 | $8,382,531 | |
| RCL | Royal Caribbean Cruises Ltd | +50,600 | 61,000 | $16,785,980 | |
| TER | Teradyne, Inc | +46,873 | 51,973 | $15,407,915 | |
| MU | Micron Technology Inc | +37,311 | 73,611 | $24,868,740 | |
| CRWD | CrowdStrike Holdings, Inc. | +32,041 | 35,841 | $13,992,684 | |
| ABNB | Airbnb, Inc. | +29,200 | 36,500 | $4,609,220 | |
| AXON | Axon Enterprise, Inc. | +24,430 | 26,130 | $11,097,149 | |
| AARD | Aardvark Therapeutics, Inc. | +19,548 | 1,034,459 | $3,899,910 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| DELL | Dell Technologies Inc. | −1,399,241 | 72,215 | $11,852,647 | |
| SOFI | SoFi Technologies, Inc. | −755,663 | 55,125 | $875,385 | |
| BMY | Bristol Myers Squibb Co | −663,900 | 36,100 | $2,189,465 | |
| GOOGL | Alphabet Inc. | −458,333 | 130,310 | $37,471,943 | |
| ABOS | Acumen Pharmaceuticals, Inc. | −341,602 | 525,444 | $1,240,047 | |
| AAPL | Apple Inc. | −332,261 | 152,972 | $38,822,763 | |
| BBIO | BridgeBio Pharma, Inc. | −139,499 | 1,262,651 | $93,764,463 | |
| BA | Boeing Co | −83,541 | 41,200 | $8,200,036 | |
| COIN | Coinbase Global, Inc. | −68,743 | 25,270 | $4,412,394 | |
| TSLA | Tesla, Inc. | −64,313 | 68,993 | $25,648,147 | |
| RKT | Rocket Companies, Inc. | −60,000 | 147,165 | $2,097,101 | |
| MXL | Maxlinear, Inc | −50,596 | 10,000 | $173,900 | |
| NUVB | Nuvation Bio Inc. | −30,000 | 7,822,638 | $33,559,117 | |
| ADI | Analog Devices Inc | −25,434 | 26,366 | $8,388,079 | |
| GS | Goldman Sachs Group Inc | −24,300 | 11,600 | $9,813,484 | |
| PANW | Palo Alto Networks Inc | −18,278 | 6,000 | $961,920 | |
| SHOP | Shopify Inc. | −9,997 | 117,119 | $13,892,655 | |
| OVV | Ovintiv Inc. | −8,965 | 4,943 | $293,416 | |
| AXP | American Express Co | −8,857 | 14,443 | $4,368,718 | |
| AWK | American Water Works Company, Inc. | −6,000 | 6,000 | $816,540 | |
| LNG | Cheniere Energy, Inc. | −5,322 | 28,513 | $8,090,848 | |
| FLUT | Flutter Entertainment plc | −4,500 | 5,608 | $571,735 | |
| FERG | Ferguson Enterprises Inc. /DE/ | −4,000 | 25,995 | $6,063,593 | |
| SNDK | Sandisk Corp | −3,629 | 5,290 | $3,360,948 | |
| CME | Cme Group Inc. | −2,171 | 46,433 | $13,713,986 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| JPM | Jpmorgan Chase & Co | 283,895 | $83,510,553 | |
| HOLX | HOLOGIC INC | 604,506 | $45,694,608 | |
| ORCL | Oracle Corp | 291,310 | $42,854,614 | |
| GEV | GE Vernova Inc. | 46,876 | $40,918,060 | |
| LRCX | Lam Research Corp | 128,896 | $27,539,919 | |
| GLW | Corning Inc /Ny | 177,551 | $24,141,609 | |
| HOOD | Robinhood Markets, Inc. | 330,396 | $22,896,442 | |
| DAL | Delta Air Lines, Inc. | 310,630 | $20,650,682 | |
| FPS | Forgent Power Solutions, Inc. | 700,000 | $20,489,000 | |
| FCX | Freeport-Mcmoran Inc | 339,765 | $19,971,386 | |
| ADBE | Adobe Inc. | 77,109 | $18,743,655 | |
| DASH | DoorDash, Inc. | 123,438 | $18,534,215 | |
| FIX | Comfort Systems USA Inc | 13,060 | $18,009,609 | |
| ARES | Ares Management Corp | 152,800 | $16,670,480 | |
| APO | Apollo Global Management, Inc. | 145,200 | $16,178,184 | |
| CDNS | Cadence Design Systems Inc | 57,815 | $16,065,054 | |
| ANET | Arista Networks, Inc. | 130,313 | $15,999,830 | |
| KTOS | Kratos Defense & Security Solutions, Inc. | 225,000 | $15,864,750 | |
| CEG | Constellation Energy Corp | 56,465 | $15,767,851 | |
| DDOG | Datadog, Inc. | 132,883 | $15,686,838 | |
| ASML | Asml Holding NV | 11,750 | $15,519,752 | |
| SARO | StandardAero, Inc. | 600,000 | $15,498,000 | |
| INTC | Intel Corp | 328,159 | $14,481,656 | |
| WFC | Wells Fargo & Company/Mn | 174,000 | $13,852,140 | |
| XYZ | Block, Inc. | 222,512 | $13,390,772 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| XOM | ExxonMobil Holdings Corp | 538,651 | $64,821,261 | |
| EXAS | EXACT SCIENCES CORP | 499,532 | $50,732,469 | |
| TXN | Texas Instruments Inc | 281,911 | $48,908,739 | |
| MCD | Mcdonalds Corp | 130,300 | $39,823,589 | |
| BAC | Bank Of America Corp /De/ | 431,000 | $23,705,000 | |
| APP | AppLovin Corp | 33,800 | $22,775,116 | |
| CVNA | Carvana Co. | 49,500 | $20,889,990 | |
| FOXA | Fox Corp | 239,500 | $17,500,265 | |
| MDB | MongoDB, Inc. | 38,640 | $16,216,821 | |
| MS | Morgan Stanley | 80,254 | $14,247,492 | |
| CLF | Cleveland-Cliffs Inc. | 947,573 | $12,583,769 | |
| FSLR | First Solar, Inc. | 26,552 | $6,936,178 | |
| AFRM | Affirm Holdings, Inc. | 90,664 | $6,748,121 | |
| D | Dominion Energy, Inc | 100,000 | $5,859,000 | |
| COHR | Coherent Corp. | 25,000 | $4,614,250 | |
| DHR | Danaher Corp /De/ | 19,011 | $4,351,998 | |
| LGN | Legence Corp. | 62,230 | $2,678,379 | |
| MRK | Merck & Co., Inc. | 19,693 | $2,072,885 | |
| NAVN | Navan, Inc. | 100,000 | $1,708,000 | |
| LMRI | Lumexa Imaging Holdings, Inc. | 80,000 | $1,480,000 | |
| OXY | Occidental Petroleum Corp /De/ | 31,300 | $1,287,056 | |
| ANF | Abercrombie & Fitch Co /De/ | 9,950 | $1,252,406 | |
| SNEX | StoneX Group Inc. | 7,947 | $1,133,997 | |
| DBRG | DigitalBridge Group, Inc. | 72,755 | $1,116,061 | |
| WMT | Walmart Inc. | 10,000 | $1,114,100 | |
| No positions match the current search. | ||||
203 tracked positions ·
$2,192,558,014 total
· filing declares
349 positions · $2,291,253,310
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 203 positions by value
· page 1 of 5
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| EA |
Electronic Arts Inc.
PUT
+ SHARES
Communication Services
|
Added | 766,845 | $156,336,690 | 7.13% | |
| NSC |
Norfolk Southern Corp
Industrials
|
Held | 351,648 | $100,922,976 | 4.60% | |
| BBIO |
BridgeBio Pharma, Inc.
Healthcare
|
Reduced | 1,262,651 | $93,764,463 | 4.28% | |
| WBD |
Warner Bros. Discovery, Inc.
Communication Services
|
Added | 3,110,483 | $85,413,863 | 3.90% | |
| JPM |
Jpmorgan Chase & Co
PUT
CALL
+ SHARES
Financial Services
|
NEW | 283,895 | $83,510,553 | 3.81% | |
| MLYS |
Mineralys Therapeutics, Inc.
Healthcare
|
Added | 2,232,040 | $60,465,963 | 2.76% | |
| NVDA |
Nvidia Corp
PUT
CALL
+ SHARES
Technology
|
Added | 278,099 | $48,500,465 | 2.21% | |
| CAT |
Caterpillar Inc
PUT
CALL
+ SHARES
Industrials
|
Added | 65,299 | $46,261,729 | 2.11% | |
| HOLX |
HOLOGIC INC
Healthcare
|
NEW | 604,506 | $45,694,608 | 2.08% | |
| ORCL |
Oracle Corp
PUT
CALL
+ SHARES
Technology
|
NEW | 291,310 | $42,854,614 | 1.95% | |
| GEV |
GE Vernova Inc.
PUT
CALL
+ SHARES
Industrials
|
NEW | 46,876 | $40,918,060 | 1.87% | |
| AVGO |
Broadcom Inc.
PUT
CALL
+ SHARES
Technology
|
Added | 131,019 | $40,551,690 | 1.85% | |
| AAPL |
Apple Inc.
PUT
CALL
+ SHARES
Technology
|
Reduced | 152,972 | $38,822,763 | 1.77% | |
| MSFT |
Microsoft Corp
CALL
+ SHARES
Technology
|
Added | 104,400 | $38,645,748 | 1.76% | |
| GOOGL |
Alphabet Inc.
PUT
CALL
+ SHARES
Communication Services
|
Reduced | 130,310 | $37,471,943 | 1.71% | |
| AMD |
Advanced Micro Devices Inc
PUT
CALL
+ SHARES
Technology
|
Added | 179,644 | $36,544,978 | 1.67% | |
| C |
Citigroup Inc
PUT
CALL
+ SHARES
Financial Services
|
Added | 301,057 | $34,142,874 | 1.56% | |
| NUVB |
Nuvation Bio Inc.
Healthcare
|
Reduced | 7,822,638 | $33,559,117 | 1.53% | |
| AMAT |
Applied Materials Inc /De
PUT
CALL
+ SHARES
Technology
|
Added | 93,822 | $32,067,421 | 1.46% | |
| LRCX |
Lam Research Corp
PUT
CALL
+ SHARES
Technology
|
NEW | 128,896 | $27,539,919 | 1.26% | |
| TSLA |
Tesla, Inc.
PUT
CALL
+ SHARES
Consumer Cyclical
|
Reduced | 68,993 | $25,648,147 | 1.17% | |
| MU |
Micron Technology Inc
PUT
CALL
+ SHARES
Technology
|
Added | 73,611 | $24,868,740 | 1.13% | |
| GLW |
Corning Inc /Ny
PUT
CALL
+ SHARES
Technology
|
NEW | 177,551 | $24,141,609 | 1.10% | |
| PLTR |
Palantir Technologies Inc.
PUT
CALL
+ SHARES
Technology
|
Added | 159,846 | $23,382,272 | 1.07% | |
| HOOD |
Robinhood Markets, Inc.
PUT
CALL
+ SHARES
Financial Services
|
NEW | 330,396 | $22,896,442 | 1.04% | |
| DAL |
Delta Air Lines, Inc.
PUT
CALL
+ SHARES
Industrials
|
NEW | 310,630 | $20,650,682 | 0.94% | |
| FPS |
Forgent Power Solutions, Inc.
Industrials
|
NEW | 700,000 | $20,489,000 | 0.93% | |
| FCX |
Freeport-Mcmoran Inc
PUT
CALL
+ SHARES
Basic Materials
|
NEW | 339,765 | $19,971,386 | 0.91% | |
| ADBE |
Adobe Inc.
PUT
CALL
+ SHARES
Technology
|
NEW | 77,109 | $18,743,655 | 0.85% | |
| DASH |
DoorDash, Inc.
PUT
CALL
+ SHARES
Consumer Cyclical
|
NEW | 123,438 | $18,534,215 | 0.85% | |
| FIX |
Comfort Systems USA Inc
PUT
CALL
+ SHARES
Industrials
|
NEW | 13,060 | $18,009,609 | 0.82% | |
| BBOT |
BridgeBio Oncology Therapeutics, Inc.
Healthcare
|
Added | 1,922,656 | $17,207,771 | 0.78% | |
| BX |
Blackstone Inc.
PUT
CALL
+ SHARES
Financial Services
|
Added | 148,299 | $17,052,902 | 0.78% | |
| RCL |
Royal Caribbean Cruises Ltd
PUT
CALL
Consumer Cyclical
|
Added | 61,000 | $16,785,980 | 0.77% | |
| ARES |
Ares Management Corp
PUT
CALL
Financial Services
|
NEW | 152,800 | $16,670,480 | 0.76% | |
| APO |
Apollo Global Management, Inc.
PUT
CALL
Financial Services
|
NEW | 145,200 | $16,178,184 | 0.74% | |
| SNPS |
Synopsys Inc
PUT
CALL
+ SHARES
Technology
|
Added | 40,598 | $16,096,295 | 0.73% | |
| CDNS |
Cadence Design Systems Inc
PUT
CALL
+ SHARES
Technology
|
NEW | 57,815 | $16,065,054 | 0.73% | |
| ANET |
Arista Networks, Inc.
PUT
CALL
+ SHARES
Technology
|
NEW | 130,313 | $15,999,830 | 0.73% | |
| KTOS |
Kratos Defense & Security Solutions, Inc.
Industrials
|
NEW | 225,000 | $15,864,750 | 0.72% | |
| CEG |
Constellation Energy Corp
PUT
CALL
+ SHARES
Utilities
|
NEW | 56,465 | $15,767,851 | 0.72% | |
| DDOG |
Datadog, Inc.
PUT
CALL
+ SHARES
Technology
|
NEW | 132,883 | $15,686,838 | 0.72% | |
| ASML |
Asml Holding NV
PUT
+ SHARES
Technology
|
NEW | 11,750 | $15,519,752 | 0.71% | |
| SARO |
StandardAero, Inc.
Industrials
|
NEW | 600,000 | $15,498,000 | 0.71% | |
| TER |
Teradyne, Inc
PUT
CALL
+ SHARES
Technology
|
Added | 51,973 | $15,407,915 | 0.70% | |
| CMG |
Chipotle Mexican Grill Inc
PUT
CALL
+ SHARES
Consumer Cyclical
|
Added | 452,671 | $14,489,998 | 0.66% | |
| INTC |
Intel Corp
PUT
CALL
+ SHARES
Technology
|
NEW | 328,159 | $14,481,656 | 0.66% | |
| CRWD |
CrowdStrike Holdings, Inc.
PUT
+ SHARES
Technology
|
Added | 35,841 | $13,992,684 | 0.64% | |
| NOW |
ServiceNow, Inc.
PUT
+ SHARES
Technology
|
Added | 133,376 | $13,944,460 | 0.64% | |
| SHOP |
Shopify Inc.
PUT
CALL
+ SHARES
Technology
|
Reduced | 117,119 | $13,892,655 | 0.63% |
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.