Governors Lane LP

Registered adviser

CIK

1644187

Location

NEW YORK, NY

Portfolio Value

Mid $1,209,294,760

Diversification

Diversified

Filing Date

Global Rank

#2,215 / 8,818 ▼ 510

Top Industry

Shell Companies 36.1%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

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 213511

Roster of Oct 1, 2026

Regulatory AUM

$1,785,577,173

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$1,785,577,173 gross assets

LEI

549300AKRPO86KOMZ119

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

As filed Apr 1, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$1,329,162,690 gross assets in 1 fund Hedge funds $1,329,162,690 (1)

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	$1,785,577,173	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$1,500,565,325	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$1,329,162,690	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$1,610,386,169	Pooled investment vehicles (100%)
Apr 2023	$1,610,386,169	Pooled investment vehicles (100%)
Apr 2022 to Mar 2023	$1,711,852,475	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

Diversified active

Top 10 weight 35.1%, 47.1 effective positions, active share 94.4% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

100.1% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 3.3 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 94.4%; sector active share 47.8% 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

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

Top Position

6.1%

−3.8 pts

Top 5

24.1%

−10.4 pts

Top 10

36.0%

−15.0 pts

HHI

209

Diversified−150

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	42.3%	$512,053,982	136
Technology	17.6%	$212,783,868	11
Communication Services	11.5%	$138,989,580	8
Industrials	7.8%	$94,008,140	5
Utilities	6.7%	$80,802,157	2
Consumer Cyclical	5.9%	$71,453,068	8
Basic Materials	3.2%	$38,132,835	4
Real Estate	2.6%	$31,434,868	2
Healthcare	1.1%	$12,818,023	3
Consumer Defensive	0.8%	$10,005,315	1
Unclassified	0.6%	$6,812,924	3

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
TWOD	Two Harbors Investment Corp.	+742,623	1,072,123	$26,749,468
TXNM	Txnm Energy Inc	+634,756	1,079,170	$61,275,272
BEAG	Bold Eagle Acquisition Corp.	+398,785	1,000,000	$10,680,000
SVIV	Spring Valley Acquisition Corp. IV	+300,000	531,499	$5,410,659
—		+250,000	500,000	$5,245,000
ARCI	Archimedes Tech SPAC Partners III Co.	+146,610	1,146,610	$11,477,566
CEPS	Cantor Equity Partners VI, Inc.	+113,936	213,936	$2,218,516
HCAC	Hall Chadwick Acquisition Corp	+100,000	275,000	$2,761,000
TACOW	Berto Acquisition Corp.	+89,246	285,006	$209,479
TVA	Texas Ventures Acquisition III Corp	+82,942	529,000	$5,580,950
KMB	Kimberly Clark Corp	+80,335	91,148	$10,005,315
—		+68,809	85,475	$186,335
NWAX	New America Acquisition I Corp.	+66,047	1,370,684	$13,912,442
CLBR	Colombier Acquisition Corp. III	+55,737	466,269	$4,779,257
HCMAW	Hcm III Acquisition Corp.	+38,111	225,229	$146,399
COF	Capital One Financial Corp	+32,751	99,742	$20,010,240
AMZN	Amazon Com Inc	+21,683	49,483	$11,793,778
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+19,884	36,869	$17,607,528
QGEN	Qiagen N.V.	+13,698	68,720	$2,686,952
—		+12,603	266,793	$2,905,375
DKS	Dick's Sporting Goods, Inc.	+10,147	39,947	$9,060,379
SHW	Sherwin Williams Co	+8,343	76,087	$26,198,275
NSC	Norfolk Southern Corp	+5,509	234,843	$73,879,259
META	Meta Platforms, Inc.	+1,035	20,765	$11,696,716
FCRS	FutureCrest Acquisition Corp.	+701	850,701	$8,762,220
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
—		−681,282	380,000	$5,099,600
WBD	Warner Bros. Discovery, Inc.	−543,744	1,457,766	$38,864,041
—		−180,900	122,450	$443,269
ATII	Archimedes Tech SPAC Partners II Co.	−154,699	604,857	$6,520,358
AEXA	American Exceptionalism Acquisition Corp. A	−95,000	725,990	$8,581,201
SVAQW	Silicon Valley Acquisition Corp.	−91,971	408,029	$301,941
BCAR	D. Boral ARC Acquisition I Corp.	−64,931	335,069	$3,494,770
KRE	State Street(R) SPDR(R) S&P(R) Regional Banking ETF	−13,500	8,566	$641,165
CMIIW	Inflection Point Acquisition Corp. VII	−8,000	91,999	$121,439
PMTRW	Perimeter Acquisition Corp. I	−3,849	373,679	$336,311
ASML	Asml Holding NV	−3,028	5,770	$11,479,068
SVAQ	Silicon Valley Acquisition Corp.	−21	999,979	$10,089,788
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
RKT	Rocket Companies, Inc.	1,483,818	$23,370,133
WDAY	Workday, Inc.	186,926	$22,883,480
CRBG	Corebridge Financial, Inc.	722,000	$20,670,860
—		1,400,000	$14,448,000
TACO	Berto Acquisition Corp.	1,350,000	$14,161,500
GUAC	Berto Acquisition Corp. II	1,350,000	$13,662,000
RACE	Ferrari N.V.	34,314	$12,774,759
SGI	Somnigroup International Inc.	150,885	$11,829,384
OLED	Universal Display Corp \Pa\	131,172	$11,358,183
DHR	Danaher Corp	43,534	$8,292,356
HACQ	HCM IV Acquisition Corp.	616,587	$6,184,367
BZH	Beazer Homes USA Inc	217,362	$6,097,004
NVDA	Nvidia Corp	28,800	$5,762,592
AVGO	Broadcom Inc.	15,100	$5,704,025
ROKU	Roku, Inc	40,700	$5,622,298
NSTR	NorthStar Earth & Space Enterprises, Inc.	350,000	$3,577,000
XRT	State Street(R) SPDR(R) S&P(R) Retail ETF	37,228	$3,266,384
GSAT	Globalstar, Inc.	37,100	$3,015,859
CZR	Caesars Entertainment, Inc.	96,800	$2,921,424
KPET	KPET Ultra Paceline Corp	250,000	$2,495,000
RREV	RRE Ventures Acquisition Corp.	250,000	$2,467,500
RYAM	Rayonier Advanced Materials Inc.	306,700	$2,410,662
GHXI	Gores Holdings XI, Inc.	200,000	$2,030,000
IEAG	Infinite Eagle Acquisition Corp.	200,000	$2,024,000
YICCU	Yorkville International Capital Corp.	200,000	$2,008,000
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
—		532,530	$27,356,066
—		175,964	$13,301,119
NKE	NIKE, Inc.	215,000	$11,356,300
IVZ	Invesco Ltd.	427,500	$10,383,975
ECHO	EchoStar CORP	85,700	$10,032,899
ALLY	Ally Financial Inc.	239,233	$9,385,110
—		72,540	$5,798,848
PVH	Pvh Corp.	44,100	$3,076,416
CCXI	Churchill Capital Corp XI	300,000	$3,048,000
AXIN	Axiom Intelligence Acquisition Corp 1	300,000	$3,039,000
IPXG	Inflection Point Acquisition Corp. VII	300,000	$2,949,000
CCO	Clear Channel Outdoor Holdings, Inc.	1,203,000	$2,851,110
PYPL	PayPal Holdings, Inc.	61,960	$2,802,450
RSP	Victory Portfolios II	14,178	$2,721,041
RANG	Range Capital Acquisition Corp.	250,000	$2,630,000
DMAA	Drugs Made In America Acquisition Corp.	250,000	$2,620,000
TDAC	Translational Development Acquisition Corp.	204,229	$2,160,742
IEAGU	Infinite Eagle Acquisition Corp.	200,000	$2,030,000
HACQU	HCM IV Acquisition Corp.	175,000	$1,755,250
ALF	Centurion Acquisition Corp.	70,125	$754,545
OVV	Ovintiv Inc.	10,574	$627,672
ATIIW	Archimedes Tech SPAC Partners II Co.	197,403	$100,676
SZZLR	Sizzle Acquisition Corp. II	500,000	$87,550
AXINR	Axiom Intelligence Acquisition Corp 1	300,000	$51,030
BACCR	Blue Acquisition Corp	158,545	$47,564
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

183 tracked positions · $1,209,294,760 total · filing declares 203 positions · $1,197,171,434 · as of Jun 30, 2026

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

Showing 1–50 of 183 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
NSC	Norfolk Southern Corp Industrials	Added	234,843	+5,509	$73,879,259	+12.2%	4	$284.23	6.11%
WBD	Warner Bros. Discovery, Inc. PUT CALL + SHARES Communication Services	Reduced	2,567,566	-168,944	$68,451,309	−8.9%	4	$18.83	5.66%
TXNM	Txnm Energy Inc Utilities	Added	1,079,170	+634,756	$61,275,272	+135.9%	5	$57.61	5.07%
MU	Micron Technology Inc PUT Technology	Added	44,000	+2,000	$50,788,760	+257.9%	—	—	4.20%
		Added	182,445	+43	$37,408,522	+0.6%	4	$197.45	3.09%
CRBG	Corebridge Financial, Inc. PUT + SHARES Financial Services	Added	1,083,000	+583,000	$31,006,290	+159.9%	1	$27.04	2.56%
ASML	Asml Holding NV CALL + SHARES Technology	Reduced	15,270	-26,528	$30,378,747	−45.0%	3	$1,043.16	2.51%
TSM	Taiwan Semiconductor Manufacturing Co Ltd CALL + SHARES Technology	Reduced	60,869	-399,116	$29,069,208	−81.3%	14	$285.97	2.40%
TWOD	Two Harbors Investment Corp. Real Estate	Added	1,072,123	+742,623	$26,749,468	+227.5%	2	unpriced	2.21%
SHW	Sherwin Williams Co Basic Materials	Reduced	76,087	-89,157	$26,198,275	−50.5%	2	$341.52	2.17%
		Held	254,976	0	$23,781,611	+20.5%	3	$85.38	1.97%
RKT	Rocket Companies, Inc. Financial Services	NEW	1,483,818	NEW	$23,370,133	NEW	1	$14.42	1.93%
WDAY	Workday, Inc. Technology	NEW	186,926	NEW	$22,883,480	NEW	1	$126.68	1.89%
AMZN	Amazon Com Inc CALL + SHARES Consumer Cyclical	Reduced	95,483	-50,817	$22,757,418	−25.3%	21	unpriced	1.88%
COF	Capital One Financial Corp Financial Services	Added	99,742	+32,751	$20,010,240	+63.7%	2	$203.30	1.65%
AES	Aes Corp Utilities	Held	1,331,984	0	$19,526,885	+4.0%	4	$14.40	1.61%
META	Meta Platforms, Inc. CALL + SHARES Communication Services	Reduced	34,265	-146,465	$19,301,131	−81.3%	2	$639.40	1.60%
INTC	Intel Corp PUT Technology	NEW	125,000	NEW	$17,453,750	NEW	—	—	1.44%
		NEW	1,400,000	NEW	$14,448,000	NEW	1	$10.36	1.19%
TACO	Berto Acquisition Corp. Financial Services	NEW	1,350,000	NEW	$14,161,500	NEW	1	$10.37	1.17%
NWAX	New America Acquisition I Corp. Financial Services	Added	1,370,684	+66,047	$13,912,442	+6.5%	2	$10.08	1.15%
GUAC	Berto Acquisition Corp. II Financial Services	NEW	1,350,000	NEW	$13,662,000	NEW	1	unpriced	1.13%
RACE	Ferrari N.V. Consumer Cyclical	NEW	34,314	NEW	$12,774,759	NEW	1	$347.82	1.06%
SGI	Somnigroup International Inc. Consumer Cyclical	NEW	150,885	NEW	$11,829,384	NEW	1	$73.30	0.98%
FERA	Fifth Era Acquisition Corp I Financial Services	Held	1,124,952	0	$11,721,999	+1.2%	5	$10.05	0.97%
PMTR	Perimeter Acquisition Corp. I Financial Services	Held	1,116,900	0	$11,638,098	+1.6%	5	unpriced	0.96%
ARCI	Archimedes Tech SPAC Partners III Co. Financial Services	Added	1,146,610	+146,610	$11,477,566	+16.5%	2	unpriced	0.95%
OLED	Universal Display Corp \Pa\ Technology	NEW	131,172	NEW	$11,358,183	NEW	1	$92.31	0.94%
KBON	Karbon Capital Partners Corp. Financial Services	Held	1,100,000	0	$11,110,000	+0.4%	2	$10.07	0.92%
PCAP	ProCap Acquisition Corp Financial Services	Held	1,063,797	0	$10,935,833	+0.9%	4	$10.31	0.90%
BEAG	Bold Eagle Acquisition Corp. Financial Services	Added	1,000,000	+398,785	$10,680,000	+68.3%	6	$10.38	0.88%
	CALL + SHARES	Reduced	780,000	-281,282	$10,467,600	−9.4%	5	unpriced	0.87%
EVOX	Evolution Global Acquisition Corp Financial Services	Held	1,039,500	0	$10,415,790	+0.6%	3	unpriced	0.86%
HCMA	Hcm III Acquisition Corp. Financial Services	Held	1,009,055	0	$10,373,085	+2.0%	4	unpriced	0.86%
RDAG	Republic Digital Acquisition Co Financial Services	Held	997,199	0	$10,291,093	+0.9%	5	unpriced	0.85%
SVAQ	Silicon Valley Acquisition Corp. Financial Services	Reduced	999,979	-21	$10,089,788	+2.0%	2	$9.89	0.83%
MSFT	Microsoft Corp CALL Technology	NEW	27,000	NEW	$10,071,540	NEW	—	—	0.83%
CEPV	Cantor Equity Partners V, Inc. Financial Services	Held	971,570	0	$10,019,801	+2.1%	3	$10.25	0.83%
KMB	Kimberly Clark Corp Consumer Defensive	Added	91,148	+80,335	$10,005,315	+859.2%	3	$100.33	0.83%
KRAQ	KRAKacquisition Corp Financial Services	Held	1,000,000	0	$10,000,000	+1.4%	2	unpriced	0.83%
RTAC	Renatus Tactical Acquisition Corp I Financial Services	Held	879,582	0	$9,218,019	+1.9%	5	unpriced	0.76%
CEPF	Cantor Equity Partners IV, Inc. Financial Services	Held	877,821	0	$9,129,338	+2.1%	4	$10.30	0.75%
CRAN	Crane Harbor Acquisition Corp. II Financial Services	Added	900,100	+100	$9,118,013	+2.2%	2	$9.95	0.75%
NPAC	New Providence Acquisition Corp. III Financial Services	Held	874,820	0	$9,081,506	+1.2%	5	unpriced	0.75%
DKS	Dick's Sporting Goods, Inc. Consumer Cyclical	Added	39,947	+10,147	$9,060,379	+53.3%	2	$207.55	0.75%
FCRS	FutureCrest Acquisition Corp. Financial Services	Added	850,701	+701	$8,762,220	+2.5%	3	$10.11	0.72%
AEXA	American Exceptionalism Acquisition Corp. A Financial Services	Reduced	725,990	-95,000	$8,581,201	−3.5%	4	unpriced	0.71%
DHR	Danaher Corp Healthcare	NEW	43,534	NEW	$8,292,356	NEW	1	$181.57	0.69%
ONCH	1RT Acquisition Corp. Financial Services	Held	750,000	0	$7,687,500	+1.1%	4	unpriced	0.64%
TECK	Teck Resources Ltd Basic Materials	Held	127,151	0	$7,560,398	+14.9%	3	$43.32	0.63%

Showing the top 50 of 183 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.