NEXPOINT ASSET MANAGEMENT, L.P.

CIK

1469877

Location

Dallas, TX

Portfolio Value

Small $223,149,546

Diversification

Diversified

Filing Date

Global Rank

#1,174 / 8,232 ▲ 577

Top Industry

Software - Application 15.4%

3Y Alpha vs SPY

-12.0%

Period ended 2 months ago

Filed May 15, 2026 · 29d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+28.9%

SPY

+76.5%

Annualised alpha

-12.0%

Max drawdown

−23.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

79 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.6%

−6.3 pts

Top 5

33.9%

−5.9 pts

Top 10

55.3%

−6.3 pts

HHI

412

Diversified−136

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	22.9%	$339,522,141	12
Technology	22.5%	$334,653,696	16
Real Estate	15.0%	$223,149,546	11
Communication Services	9.0%	$134,041,597	4
Industrials	8.8%	$130,699,775	7
Financial Services	8.7%	$128,654,480	7
Consumer Cyclical	6.6%	$98,571,949	6
Utilities	3.1%	$45,737,950	4
Energy	2.7%	$39,672,670	5
Unclassified	0.3%	$4,254,162	2
Basic Materials	0.2%	$3,349,290	3
Consumer Defensive	0.2%	$2,685,326	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

19 positions

Ticker	Company	Δ Shares	Shares	Value
CWAN	Clearwater Analytics Holdings, Inc.	+2,512,010	4,004,230	$94,700,039
SEMR	SEMrush Holdings, Inc.	+1,123,620	4,597,870	$54,898,567
HOLX	HOLOGIC INC	+682,820	1,541,860	$116,549,196
SEE	SEALED AIR CORP/DE	+548,490	1,993,800	$83,839,290
CSGS	Csg Systems International Inc	+475,701	895,961	$71,623,121
HFRO	Highland Opportunities & Income Fund	+455,848	4,128,895	$23,575,989
AL	SUMISHO AIR LEASE CORP	+403,758	1,168,656	$75,892,519
NXDT	Nexpoint Diversified Real Estate Trust	+336,175	5,365,110	$25,055,062
RAL	Ralliant Corp	+124,441	155,849	$6,481,759
PRA	Proassurance Corp	+87,591	1,416,581	$35,017,881
EA	Electronic Arts Inc.	+77,090	300,010	$61,163,038
LION	Lionsgate Studios Corp.	+50,000	298,140	$2,859,162
REYN	Reynolds Consumer Products Inc.	+40,375	285,950	$6,056,421
TXNM	Txnm Energy Inc	+36,836	540,239	$31,582,371
GTLS	Chart Industries Inc	+16,250	185,260	$38,302,505
BILL	BILL Holdings, Inc.	+14,075	46,300	$1,773,290
REZI	Resideo Technologies, Inc.	+13,000	58,300	$1,965,293
YETI	YETI Holdings, Inc.	+10,000	105,898	$3,874,807
SWX	Southwest Gas Holdings, Inc.	+5,750	38,650	$3,358,685
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
ET	Energy Transfer LP	−74,600	687,440	$13,267,592
TALO	Talos Energy Inc.	−16,502	496,596	$7,826,352
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
OS	OneStream, Inc.	3,358,217	$80,597,208
MASI	Masimo Corp	310,130	$55,162,823
WBD	Warner Bros. Discovery, Inc.	1,744,000	$47,890,240
TERN	Terns Pharmaceuticals, Inc.	904,200	$47,669,423
ACLX	Arcellx, Inc.	373,150	$42,845,082
DBRG	DigitalBridge Group, Inc.	2,181,000	$33,631,020
FOLD	AMICUS THERAPEUTICS, INC.	2,039,280	$29,487,988
SEM	Select Medical Holdings Corp	1,478,770	$24,089,163
CCO	Clear Channel Outdoor Holdings, Inc.	9,336,070	$22,126,485
CTRA	Coterra Energy Inc.	480,643	$16,889,794
TALK	Talkspace, Inc.	2,975,170	$15,396,504
TWO	Two Harbors Investment Corp.	1,043,637	$11,918,334
VRE	Veris Residential, Inc.	435,503	$8,217,941
FBIN	Fortune Brands Innovations, Inc.	153,390	$5,977,608
MIDD	MIDDLEBY Corp	37,350	$4,951,863
KYIV	Kyivstar Group Ltd.	282,790	$2,861,834
CRESY	Cresud Inc	170,852	$2,173,237
RNA	Atrium Therapeutics, Inc.	150,025	$2,005,833
STKL	SunOpta Inc.	205,180	$1,329,566
MCW	Mister Car Wash, Inc.	190,440	$1,327,366
BDX	Becton Dickinson & Co	7,742	$1,217,274
LWAC	LightWave Acquisition Corp.	100,000	$1,020,000
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima	64,000	$709,760
DHIL	DIAMOND HILL INVESTMENT GROUP INC	3,830	$659,143
KW	Kennedy-Wilson Holdings, Inc.	50,982	$551,625
No positions match the current search.

Sold Out

Positions the filer fully exited

15 positions

Ticker	Company	Shares	Value
EXAS	EXACT SCIENCES CORP	485,990	$49,357,144
VST	Vistra Corp.	74,500	$12,019,085
NVO	Novo Nordisk A S	229,960	$11,700,364
HESM	Hess Midstream LP	221,900	$7,655,550
JHX	James Hardie Industries plc	326,700	$6,779,025
PSX	Phillips 66	36,475	$4,706,734
GPRE	Green Plains Inc.	348,000	$3,410,400
SW	Smurfit Westrock plc	79,700	$3,081,999
IP	International Paper Co /New/	57,750	$2,274,772
FLR	Fluor Corp	43,650	$1,729,849
NPB	Northpointe Bancshares Inc	100,000	$1,678,000
KMB	Kimberly Clark Corp	14,280	$1,440,709
CVGW	Calavo Growers Inc	30,586	$665,245
EVAC	EQV Ventures Acquisition Corp. II	51,000	$511,530
SAFE	Safehold Inc.	37,256	$510,034
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

11 positions · $223,149,546 total · Real Estate only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NREF	NexPoint Real Estate Finance, Inc. Real Estate	Held	9,439,635	0	$127,151,882	−4.3%	56.98%
NXDT	Nexpoint Diversified Real Estate Trust Real Estate	Added	5,365,110	+336,175	$25,055,062	+30.1%	11.23%
NXRT	NexPoint Residential Trust, Inc. Real Estate	Held	934,752	0	$23,368,800	−16.9%	10.47%
WSR	Whitestone REIT Real Estate	Held	875,255	0	$14,135,368	+16.3%	6.33%
TWO	Two Harbors Investment Corp. Real Estate	NEW	1,043,637	NEW	$11,918,334	NEW	5.34%
VRE	Veris Residential, Inc. Real Estate	NEW	435,503	NEW	$8,217,941	NEW	3.68%
FRMI	Fermi Inc. Real Estate	Held	1,301,478	0	$7,600,631	−27.0%	3.41%
ARE	Alexandria Real Estate Equities, Inc. Real Estate	Held	56,000	0	$2,599,520	−5.1%	1.16%
RC	Ready Capital Corp Real Estate	Held	850,129	0	$1,377,208	−25.7%	0.62%
SRG	Seritage Growth Properties Real Estate	Held	417,500	0	$1,173,175	−13.5%	0.53%
KW	Kennedy-Wilson Holdings, Inc. Real Estate	NEW	50,982	NEW	$551,625	NEW	0.25%