Rubric Capital Management LP
Registered adviserFiling Date
Global Rank
#506
/ 8,817
▼ 4
Top Industry
Utilities - Independent Power Producers
17.9%
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
Regulatory AUM
$9,581,125,895
Main clients
Pooled investment vehicles
(100% of AUM)
Private funds
3 funds
· Private equity funds
Focus by fund count, roster of Oct 1, 2026
$8,833,113,621 gross assets
LEI
254900LG3FJB8YY8RO55
Private funds on Schedule D 7.B.(1)
As filed Oct 1, 2024; SEC's bulk Form ADV archive ends with 2024 filings.
$3,545,028,317 gross assets in 4 funds
Hedge funds
$3,545,028,317
(2)
Private equity funds
$0
(2)
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 | $9,581,125,895 | Pooled investment vehicles (100%) |
| Apr 2025 to Mar 2026 | $7,103,128,119 | Pooled investment vehicles (100%) |
| Nov 2024 to Mar 2025 | $4,125,534,703 | Pooled investment vehicles (100%) |
| Apr 2024 to Oct 2024 | $4,125,534,703 | Pooled investment vehicles (100%) |
| May 2023 to Mar 2024 | $3,993,118,243 | Pooled investment vehicles (100%) |
| Apr 2023 | $3,993,118,243 | Pooled investment vehicles (100%) |
4 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 46.4%, 26.4 effective positions, active share 96.5% against the Russell 2000 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Medium turnover
44.9% over the last four quarters (30% to under 100%)
Horizon
Horizon unknown
The value-weighted holding period is at least 8.0 quarters, but 0.4% of the book was already held when coverage starts
Closest benchmark: the Russell 2000 as of 2026-06-30, active share 96.5%; sector active share 48.1% 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 backtestPortfolio Concentration
86 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
12.7%
−1.1 pts
Top 5
34.2%
−9.2 pts
Top 10
46.4%
−11.9 pts
HHI
378
Diversified−162
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Healthcare | 33.1% | $3,608,556,349 |
| Utilities | 18.5% | $2,017,462,334 |
| Industrials | 14.5% | $1,581,493,229 |
| Consumer Cyclical | 7.7% | $838,400,357 |
| Energy | 6.0% | $655,945,462 |
| Financial Services | 5.8% | $630,902,572 |
| Technology | 4.1% | $451,498,039 |
| Communication Services | 4.1% | $451,327,638 |
| Consumer Defensive | 3.6% | $397,650,714 |
| Real Estate | 1.2% | $133,464,389 |
| Basic Materials | 1.2% | $132,385,090 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| MNKD | Mannkind Corp | +14,379,587 | 18,000,000 | $76,680,000 | |
| ARDX | Ardelyx, Inc. | +14,341,804 | 16,202,700 | $82,633,770 | |
| ADMA | Adma Biologics, Inc. | +7,530,006 | 9,339,414 | $78,170,895 | |
| NRIX | Nurix Therapeutics, Inc. | +4,753,893 | 7,227,778 | $175,345,894 | |
| COMP | Compass, Inc. | +4,471,546 | 8,218,394 | $101,332,798 | |
| AVO | Mission Produce, Inc. | +4,255,506 | 5,981,953 | $70,527,225 | |
| VG | Venture Global, Inc. | +3,910,280 | 5,410,280 | $60,216,416 | |
| GIL | Gildan Activewear Inc. | +3,104,210 | 4,500,000 | $232,200,000 | |
| AMCR | Amcor plc | +2,892,634 | 4,162,030 | $180,424,000 | |
| DNOW | DNOW Inc. | +2,631,108 | 3,898,635 | $50,565,295 | |
| TAC | Transalta Corp | +2,450,686 | 20,232,011 | $279,808,712 | |
| DRVN | Driven Brands Holdings Inc. | +2,300,613 | 5,300,613 | $73,890,545 | |
| MGTX | MeiraGTx Holdings plc | +2,100,000 | 9,100,000 | $122,941,000 | |
| ZM | Zoom Communications, Inc. | +1,765,003 | 2,766,009 | $238,734,236 | |
| PFSI | PennyMac Financial Services, Inc. | +1,645,273 | 1,700,000 | $148,070,000 | |
| ENOV | Enovis CORP | +1,446,735 | 3,900,000 | $80,730,000 | |
| ROIV | Roivant Sciences Ltd. | +1,000,000 | 6,000,000 | $212,340,000 | |
| ABUS | Arbutus Biopharma Corp | +906,548 | 7,532,937 | $36,158,097 | |
| CXW | CoreCivic, Inc. | +788,220 | 2,847,436 | $86,505,105 | |
| NWL | Newell Brands Inc. | +742,569 | 16,000,000 | $98,240,000 | |
| VTRS | Viatris Inc | +668,743 | 34,168,743 | $542,599,638 | |
| SPRY | ARS Pharmaceuticals, Inc. | +540,861 | 8,540,861 | $68,412,296 | |
| BGC | BGC Group, Inc. | +500,000 | 23,800,000 | $254,422,000 | |
| FTAI | FTAI Aviation Ltd. | +423,814 | 3,000,000 | $811,590,000 | |
| SDGR | Schrodinger, Inc. | +400,000 | 6,400,000 | $104,000,000 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
10 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ADEA | Adeia Inc. | −2,157,572 | 2,126,633 | $70,030,024 | |
| TRVI | Trevi Therapeutics, Inc. | −1,207,860 | 2,504,513 | $46,709,167 | |
| CRI | Carters Inc | −932,009 | 86,844 | $3,574,499 | |
| ECVT | Ecovyst Inc. | −924,179 | 8,211,888 | $102,238,005 | |
| AMRX | Amneal Pharmaceuticals, Inc. | −868,929 | 10,168,660 | $176,019,504 | |
| MCY | Mercury General Corp | −613,064 | 1,541,440 | $164,348,332 | |
| EPC | EDGEWELL PERSONAL CARE Co | −455,535 | 3,544,465 | $95,204,329 | |
| PRLB | Proto Labs Inc | −377,708 | 108,692 | $8,859,484 | |
| PRMB | Primo Brands Corp | −110,173 | 2,672,231 | $65,309,325 | |
| EDSA | Edesa Biotech, Inc. | −18,000 | 669,500 | $5,443,035 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
18 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| FLR | Fluor Corp | 5,017,248 | $262,853,622 | |
| AMZN | Amazon Com Inc | 900,000 | $214,506,000 | |
| SON | Sonoco Products Co | 1,143,562 | $64,439,718 | |
| STUB | StubHub Holdings, Inc. | 5,000,000 | $64,350,000 | |
| GLXY | Galaxy Digital Inc. | 2,343,169 | $64,062,240 | |
| ESTA | Establishment Labs Holdings Inc. | 688,325 | $59,065,168 | |
| ALVO | Alvotech | 15,677,093 | $57,848,473 | |
| VGNT | Versigent PLC | 855,163 | $35,925,397 | |
| TRIP | TripAdvisor, Inc. | 2,439,110 | $33,440,198 | |
| BHVN | Biohaven Ltd. | 1,721,493 | $25,615,815 | |
| ANIP | Ani Pharmaceuticals Inc | 258,131 | $21,368,084 | |
| QURE | uniQure N.V. | 408,581 | $18,819,240 | |
| HPP | Hudson Pacific Properties, Inc. | 1,019,598 | $15,487,693 | |
| GDS | GDS Holdings Ltd | 485,873 | $14,590,766 | |
| OMER | Omeros Corp | 656,874 | $6,246,871 | |
| ABEO | Abeona Therapeutics Inc. | 608,771 | $3,762,204 | |
| TTI | Tetra Technologies Inc | 150,000 | $1,699,500 | |
| SVC | Service Properties Trust | 900,000 | $1,521,000 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
13 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CEG | Constellation Energy Corp | 715,000 | $199,663,750 | |
| AKAM | Akamai Technologies Inc | 1,300,000 | $149,305,000 | |
| TDS | Telephone & Data Systems Inc | 1,850,000 | $77,885,000 | |
| PTGX | Protagonist Therapeutics, Inc | 427,998 | $45,110,989 | |
| TSAT | Telesat Corp | 843,781 | $30,544,872 | |
| BMRN | Biomarin Pharmaceutical Inc | 440,560 | $24,887,234 | |
| INDV | Indivior Pharmaceuticals, Inc. | 662,515 | $20,193,457 | |
| ACHC | Acadia Healthcare Company, Inc. | 850,000 | $19,881,500 | |
| CPRI | Capri Holdings Ltd | 675,000 | $11,893,500 | |
| EMBC | Embecta Corp. | 1,037,416 | $9,170,757 | |
| HELE | Helen Of Troy Ltd | 366,226 | $5,280,978 | |
| MYPS | PLAYSTUDIOS, Inc. | 2,697,384 | $1,265,073 | |
| — | 1,416,662 | $0 | ||
| No positions match the current search. | ||||
86 tracked positions ·
$10,899,086,173 total
· filing declares
87 positions · $10,900,839,423
· 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 86 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TLN |
Talen Energy Corp
Utilities
|
Held | 3,602,171 | $1,384,170,228 | 12.70% | |
| FTAI |
FTAI Aviation Ltd.
Industrials
|
Added | 3,000,000 | $811,590,000 | 7.45% | |
| VTRS |
Viatris Inc
Healthcare
|
Added | 34,168,743 | $542,599,638 | 4.98% | |
| TEVA |
Teva Pharmaceutical Industries Ltd
Healthcare
|
Added | 15,575,000 | $527,681,000 | 4.84% | |
| GLNG |
Golar Lng Ltd
Energy
|
Held | 9,178,978 | $457,480,263 | 4.20% | |
| VST |
Vistra Corp.
Utilities
|
Added | 1,794,953 | $284,733,394 | 2.61% | |
| TAC |
Transalta Corp
Utilities
|
Added | 20,232,011 | $279,808,712 | 2.57% | |
| FLR |
Fluor Corp
Industrials
|
NEW | 5,017,248 | $262,853,622 | 2.41% | |
| KNSA |
Kiniksa Pharmaceuticals International, plc
Healthcare
|
Added | 3,999,800 | $255,787,210 | 2.35% | |
| BGC |
BGC Group, Inc.
Financial Services
|
Added | 23,800,000 | $254,422,000 | 2.33% | |
| ZM |
Zoom Communications, Inc.
Technology
|
Added | 2,766,009 | $238,734,236 | 2.19% | |
| GIL |
Gildan Activewear Inc.
Consumer Cyclical
|
Added | 4,500,000 | $232,200,000 | 2.13% | |
| ARQT |
Arcutis Biotherapeutics, Inc.
Healthcare
|
Held | 8,271,577 | $216,880,748 | 1.99% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
NEW | 900,000 | $214,506,000 | 1.97% | |
| ROIV |
Roivant Sciences Ltd.
Healthcare
|
Added | 6,000,000 | $212,340,000 | 1.95% | |
| ZYME |
Zymeworks Inc.
Healthcare
|
Held | 7,000,000 | $182,980,000 | 1.68% | |
| AMCR |
Amcor plc
Consumer Cyclical
|
Added | 4,162,030 | $180,424,000 | 1.66% | |
| CMPR |
CIMPRESS plc
Industrials
|
Added | 1,750,000 | $177,975,000 | 1.63% | |
| AMRX |
Amneal Pharmaceuticals, Inc.
Healthcare
|
Reduced | 10,168,660 | $176,019,504 | 1.61% | |
| NRIX |
Nurix Therapeutics, Inc.
Healthcare
|
Added | 7,227,778 | $175,345,894 | 1.61% | |
| MCY |
Mercury General Corp
Financial Services
|
Reduced | 1,541,440 | $164,348,332 | 1.51% | |
| PFSI |
PennyMac Financial Services, Inc.
Financial Services
|
Added | 1,700,000 | $148,070,000 | 1.36% | |
| IART |
Integra Lifesciences Holdings Corp
Healthcare
|
Held | 7,753,934 | $139,260,654 | 1.28% | |
| DK |
Delek US Holdings, Inc.
Energy
|
Held | 2,687,449 | $136,549,283 | 1.25% | |
| LBTYA |
Liberty Global Ltd.
Communication Services
|
Held | 11,752,855 | $133,629,961 | 1.23% | |
| MGTX |
MeiraGTx Holdings plc
Healthcare
|
Added | 9,100,000 | $122,941,000 | 1.13% | |
| GEO |
Geo Group Inc
Industrials
|
Added | 4,131,219 | $122,077,521 | 1.12% | |
| LILAK |
Liberty Latin America Ltd.
Communication Services
|
Added | 15,645,430 | $121,877,899 | 1.12% | |
| SDGR |
Schrodinger, Inc.
Healthcare
|
Added | 6,400,000 | $104,000,000 | 0.95% | |
| ECVT |
Ecovyst Inc.
Basic Materials
|
Reduced | 8,211,888 | $102,238,005 | 0.94% | |
| LBTYK |
Liberty Global Ltd.
Communication Services
|
Held | 9,259,361 | $101,852,971 | 0.93% | |
| COMP |
Compass, Inc.
Real Estate
|
Added | 8,218,394 | $101,332,798 | 0.93% | |
| NWL |
Newell Brands Inc.
Consumer Defensive
|
Added | 16,000,000 | $98,240,000 | 0.90% | |
| EPC |
EDGEWELL PERSONAL CARE Co
Consumer Defensive
|
Reduced | 3,544,465 | $95,204,329 | 0.87% | |
| CXW |
CoreCivic, Inc.
Industrials
|
Added | 2,847,436 | $86,505,105 | 0.79% | |
| ARDX |
Ardelyx, Inc.
Healthcare
|
Added | 16,202,700 | $82,633,770 | 0.76% | |
| ENOV |
Enovis CORP
Healthcare
|
Added | 3,900,000 | $80,730,000 | 0.74% | |
| ADMA |
Adma Biologics, Inc.
Healthcare
|
Added | 9,339,414 | $78,170,895 | 0.72% | |
| MNKD |
Mannkind Corp
Healthcare
|
Added | 18,000,000 | $76,680,000 | 0.70% | |
| DRVN |
Driven Brands Holdings Inc.
Consumer Cyclical
|
Added | 5,300,613 | $73,890,545 | 0.68% | |
| OPK |
Opko Health, Inc.
Healthcare
|
Held | 47,791,243 | $71,686,864 | 0.66% | |
| AVO |
Mission Produce, Inc.
Consumer Defensive
|
Added | 5,981,953 | $70,527,225 | 0.65% | |
| ADEA |
Adeia Inc.
Technology
|
Reduced | 2,126,633 | $70,030,024 | 0.64% | |
| RNW |
ReNew Energy Global plc
Utilities
|
Held | 11,000,000 | $68,750,000 | 0.63% | |
| SSYS |
Stratasys Ltd.
Technology
|
Held | 8,000,000 | $68,480,000 | 0.63% | |
| SPRY |
ARS Pharmaceuticals, Inc.
Healthcare
|
Added | 8,540,861 | $68,412,296 | 0.63% | |
| ANDE |
Andersons, Inc.
Consumer Defensive
|
Added | 999,559 | $68,369,835 | 0.63% | |
| PRMB |
Primo Brands Corp
Consumer Defensive
|
Reduced | 2,672,231 | $65,309,325 | 0.60% | |
| SON |
Sonoco Products Co
Consumer Cyclical
|
NEW | 1,143,562 | $64,439,718 | 0.59% | |
| STUB |
StubHub Holdings, Inc.
Communication Services
|
NEW | 5,000,000 | $64,350,000 | 0.59% |
Showing the top 50 of 86 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.