Cinctive Capital Management LP

CIK

1787258

Location

New York, NY

Portfolio Value

Mid $1,703,400,722

Diversification

Diversified

Filing Date

Global Rank

#1,173 / 8,420 ▲ 66

Top Industry

Software - Application 9.0%

3Y Alpha vs SPY

+0.4%

Period ended 6 months ago

Filed Feb 17, 2026 · 4mo

24 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

+77.9%

SPY

+76.3%

Annualised alpha

+0.4%

Max drawdown

−22.9%

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

360 positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

5.6%

+3.3 pts

Top 5

14.6%

+5.9 pts

Top 10

21.9%

+6.8 pts

HHI

103

Diversified+37

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Technology	19.6%	$333,373,726	63
Financial Services	14.7%	$250,268,159	40
Consumer Cyclical	14.4%	$246,118,033	56
Healthcare	11.6%	$196,747,974	93
Energy	9.3%	$157,963,593	19
Utilities	9.2%	$157,518,125	11
Unclassified	8.6%	$147,072,283	6
Industrials	5.0%	$85,271,163	33
Basic Materials	3.2%	$54,373,931	14
Consumer Defensive	2.9%	$50,059,312	14
Communication Services	0.7%	$12,451,913	7
Real Estate	0.7%	$12,182,510	4

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
LZM	Lifezone Metals Ltd	+2,773,575	6,922,924	$29,560,885
HBAN	Huntington Bancshares Inc /Md/	+480,515	1,053,067	$18,270,712
WBI	WaterBridge Infrastructure LLC	+313,481	1,037,289	$20,756,152
JBS	Jbs N.V.	+311,233	1,070,517	$15,436,855
EXAS	EXACT SCIENCES CORP	+307,386	330,000	$33,514,800
ANNX	Annexon, Inc.	+293,520	358,986	$1,802,109
AM	Antero Midstream Corp	+234,320	333,639	$5,935,437
CVX	Chevron Corp	+196,117	239,885	$36,560,872
BEN	Franklin Resources Inc	+175,328	256,361	$6,124,464
HOLX	HOLOGIC INC	+143,596	210,000	$15,642,900
AS	Amer Sports, Inc.	+122,158	146,990	$5,490,076
VST	Vistra Corp.	+112,265	333,724	$53,839,692
APPN	Appian Corp	+109,682	295,603	$10,470,258
CDZI	Cadiz Inc	+89,108	193,002	$1,082,741
KGC	Kinross Gold Corp	+81,220	176,626	$4,973,788
TGT	Target Corp	+81,217	106,217	$10,382,711
MS	Morgan Stanley	+79,664	80,991	$14,378,332
FHN	First Horizon Corp	+74,206	477,149	$11,403,861
SF	Stifel Financial Corp	+73,557	77,411	$6,462,270
LB	LandBridge Co LLC	+71,425	126,914	$6,217,516
ORLY	O Reilly Automotive Inc	+66,183	144,637	$13,192,340
VLO	Valero Energy Corp/Tx	+61,881	122,244	$19,900,100
NVDA	Nvidia Corp	+49,458	127,931	$23,859,131
BBWI	Bath & Body Works, Inc.	+49,338	69,947	$1,404,535
BL	Blackline, Inc.	+46,688	199,544	$11,032,787
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CSX	Csx Corp	−488,143	60,897	$2,207,516
TTI	Tetra Technologies Inc	−401,302	65,409	$612,882
GFS	GLOBALFOUNDRIES Inc.	−389,304	16,691	$582,849
OI	O-I Glass, Inc. /DE/	−342,787	30,000	$442,800
WTTR	Select Water Solutions, Inc.	−342,469	280,816	$2,954,184
CCL	Carnival Corp Ltd.	−309,691	79,691	$2,433,763
AR	ANTERO RESOURCES Corp	−292,721	46,595	$1,605,663
GAP	Gap Inc	−291,740	126,783	$3,245,644
DAL	Delta Air Lines, Inc.	−251,375	41,356	$2,870,106
SYY	Sysco Corp	−218,686	17,395	$1,281,837
SES	SES AI Corp	−179,491	335,826	$604,486
ALHC	Alignment Healthcare, Inc.	−170,413	48,176	$951,476
TEVA	Teva Pharmaceutical Industries Ltd	−170,151	137,380	$4,287,629
UAL	United Airlines Holdings, Inc.	−166,045	5,092	$569,387
NIQ	NIQ Global Intelligence plc	−165,612	639,269	$10,541,545
CNP	Centerpoint Energy Inc	−163,702	110,822	$4,248,915
IONS	Ionis Pharmaceuticals Inc	−160,093	13,726	$1,085,863
LVS	Las Vegas Sands Corp	−151,797	21,754	$1,415,967
SLV	iShares Silver Trust	−150,000	50,000	$3,221,000
NRIX	Nurix Therapeutics, Inc.	−143,308	47,707	$905,001
INTC	Intel Corp	−136,425	109,312	$4,033,612
B	Barrick Mining Corp	−116,288	128,571	$5,599,267
KVYO	Klaviyo, Inc.	−110,703	174,770	$5,674,781
GH	Guardant Health, Inc.	−110,319	10,811	$1,104,235
CVS	CVS HEALTH Corp	−109,246	46,754	$3,710,397
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	140,000	$95,468,800
TEAM	Atlassian Corp	154,988	$25,129,754
CVLT	Commvault Systems Inc	157,815	$19,783,688
KRSP	Rice Acquisition Corp 3	1,654,849	$16,962,202
FFIV	F5, Inc.	64,186	$16,384,118
NRG	Nrg Energy, Inc.	80,000	$12,739,200
MRCY	Mercury Systems Inc	147,444	$10,764,886
RL	Ralph Lauren Corp	30,161	$10,665,231
LLY	ELI LILLY & Co	9,746	$10,473,832
DT	Dynatrace, Inc.	224,666	$9,737,024
APO	Apollo Global Management, Inc.	64,607	$9,352,509
ADSK	Autodesk, Inc.	30,606	$9,059,682
KEY	Keycorp /New/	426,559	$8,804,177
LULU	lululemon athletica inc.	40,951	$8,510,027
ASO	Academy Sports & Outdoors, Inc.	157,962	$7,891,781
COLB	Columbia Banking System, Inc.	282,188	$7,887,154
ALSN	Allison Transmission Holdings Inc	79,411	$7,774,336
DIOD	Diodes Inc /Del/	156,060	$7,700,000
ICE	Intercontinental Exchange, Inc.	47,454	$7,685,649
AKAM	Akamai Technologies Inc	86,006	$7,504,023
AEO	American Eagle Outfitters Inc	278,646	$7,347,895
COST	Costco Wholesale Corp /New	8,329	$7,182,429
SMTC	Semtech Corp	94,424	$6,958,104
AVT	Avnet Inc	142,265	$6,840,101
TFC	Truist Financial Corp	133,908	$6,589,612
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
FLR	Fluor Corp	741,434	$31,192,128
MPC	Marathon Petroleum Corp	95,615	$18,428,835
FROG	JFrog Ltd	278,924	$13,201,472
PFE	Pfizer Inc	509,455	$12,980,913
CHKP	Check Point Software Technologies Ltd	62,601	$12,952,772
STT	State Street Corp	108,866	$12,629,544
CBOE	Cboe Global Markets, Inc.	51,231	$12,564,402
AON	Aon plc	33,686	$12,011,753
ENTG	Entegris Inc	119,932	$11,088,912
CI	Cigna Group	34,000	$9,800,500
QRVO	Qorvo, Inc.	104,667	$9,533,070
ABBV	AbbVie Inc.	39,816	$9,218,996
LPLA	LPL Financial Holdings Inc.	27,180	$9,042,514
NKE	NIKE, Inc.	127,547	$8,893,852
PTON	Peloton Interactive, Inc.	986,922	$8,882,298
SNAP	Snap Inc	1,150,920	$8,873,593
CNC	Centene Corp	246,151	$8,782,667
S	SentinelOne, Inc.	491,700	$8,658,837
MANH	Manhattan Associates Inc	41,984	$8,605,880
NCNO	nCino, Inc.	292,899	$7,940,491
CAH	Cardinal Health Inc	50,279	$7,891,791
SFD	Smithfield Foods Inc	318,975	$7,489,533
SIMO	Silicon Motion Technology CORP	77,968	$7,392,146
SPOT	Spotify Technology S.A.	9,919	$6,923,462
NDAQ	Nasdaq, Inc.	77,579	$6,861,862
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

360 positions · $1,703,400,722 total · as of Dec 31, 2025

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

Showing 1–50 of 360 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	NEW	140,000	NEW	$95,468,800	NEW	5.60%
VST	Vistra Corp. Utilities	Added	333,724	+112,265	$53,839,692	+24.1%	3.16%
CVX	Chevron Corp Energy	Added	239,885	+196,117	$36,560,872	+437.9%	2.15%
EXAS	EXACT SCIENCES CORP	Added	330,000	+307,386	$33,514,800	+2608.9%	1.97%
LZM	Lifezone Metals Ltd Basic Materials	Added	6,922,924	+2,773,575	$29,560,885	+30.0%	1.74%
KMI	Kinder Morgan, Inc. Energy	Reduced	942,600	-35,415	$25,912,074	−6.4%	1.52%
SRE	Sempra Utilities	Reduced	292,101	-788	$25,789,597	−2.1%	1.51%
TEAM	Atlassian Corp Technology	NEW	154,988	NEW	$25,129,754	NEW	1.48%
NVDA	Nvidia Corp Technology	Added	127,931	+49,458	$23,859,131	+63.0%	1.40%
CEG	Constellation Energy Corp Utilities	Added	64,811	+8,822	$22,895,781	+24.3%	1.34%
ROST	Ross Stores, Inc. Consumer Cyclical	Reduced	121,060	-85,450	$21,807,748	−30.7%	1.28%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	383,251	-105,865	$21,078,805	−16.5%	1.24%
WBI	WaterBridge Infrastructure LLC Energy	Added	1,037,289	+313,481	$20,756,152	+13.7%	1.22%
EXE	EXPAND ENERGY Corp Energy	Reduced	183,073	-57,091	$20,203,936	−20.8%	1.19%
VLO	Valero Energy Corp/Tx Energy	Added	122,244	+61,881	$19,900,100	+93.6%	1.17%
CVLT	Commvault Systems Inc Technology	NEW	157,815	NEW	$19,783,688	NEW	1.16%
HBAN	Huntington Bancshares Inc /Md/ Financial Services	Added	1,053,067	+480,515	$18,270,712	+84.8%	1.07%
HUBS	Hubspot Inc Technology	Added	43,875	+4,116	$17,607,037	−5.3%	1.03%
KRSP	Rice Acquisition Corp 3 Financial Services	NEW	1,654,849	NEW	$16,962,202	NEW	1.00%
FFIV	F5, Inc. Technology	NEW	64,186	NEW	$16,384,118	NEW	0.96%
PEG	Public Service Enterprise Group Inc Utilities	Added	198,854	+15,823	$15,967,976	+4.5%	0.94%
HOLX	HOLOGIC INC Healthcare	Added	210,000	+143,596	$15,642,900	+249.0%	0.92%
COF	Capital One Financial Corp Financial Services	Added	64,491	+5,857	$15,630,038	+25.4%	0.92%
JBS	Jbs N.V. Consumer Defensive	Added	1,070,517	+311,233	$15,436,855	+36.2%	0.91%
C	Citigroup Inc Financial Services	Reduced	124,253	-51,173	$14,499,082	−18.6%	0.85%
MS	Morgan Stanley Financial Services	Added	80,991	+79,664	$14,378,332	+6716.3%	0.84%
BIRK	Birkenstock Holding plc Consumer Cyclical	Reduced	330,442	-12,505	$13,515,077	−12.9%	0.79%
TXRH	Texas Roadhouse, Inc. Consumer Cyclical	Reduced	81,357	-32,483	$13,505,262	−28.6%	0.79%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Added	144,637	+66,183	$13,192,340	+56.0%	0.77%
NRG	Nrg Energy, Inc. Utilities	NEW	80,000	NEW	$12,739,200	NEW	0.75%
CHDN	Churchill Downs Inc Consumer Cyclical	Reduced	109,296	-86,549	$12,435,698	−34.5%	0.73%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	35,539	-20,705	$12,228,969	−46.3%	0.72%
FIVE	Five Below, Inc Consumer Cyclical	Added	64,084	+19,701	$12,070,862	+75.8%	0.71%
NSC	Norfolk Southern Corp Industrials	Reduced	40,745	-25,448	$11,763,896	−40.8%	0.69%
FHN	First Horizon Corp Financial Services	Added	477,149	+74,206	$11,403,861	+25.2%	0.67%
EVR	Evercore Inc. Financial Services	Added	32,661	+8,054	$11,112,905	+33.9%	0.65%
BL	Blackline, Inc. Technology	Added	199,544	+46,688	$11,032,787	+35.9%	0.65%
MRCY	Mercury Systems Inc Industrials	NEW	147,444	NEW	$10,764,886	NEW	0.63%
RL	Ralph Lauren Corp Consumer Cyclical	NEW	30,161	NEW	$10,665,231	NEW	0.63%
NIQ	NIQ Global Intelligence plc	Reduced	639,269	-165,612	$10,541,545	−16.6%	0.62%
LLY	ELI LILLY & Co Healthcare	NEW	9,746	NEW	$10,473,832	NEW	0.61%
APPN	Appian Corp Technology	Added	295,603	+109,682	$10,470,258	+84.2%	0.61%
TGT	Target Corp Consumer Defensive	Added	106,217	+81,217	$10,382,711	+363.0%	0.61%
MU	Micron Technology Inc Technology	Reduced	35,981	-25,127	$10,269,337	+0.4%	0.60%
NEE	Nextera Energy Inc Utilities	Added	122,303	+762	$9,818,484	+7.0%	0.58%
DT	Dynatrace, Inc. Technology	NEW	224,666	NEW	$9,737,024	NEW	0.57%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	40,667	-338	$9,386,756	+4.3%	0.55%
APO	Apollo Global Management, Inc. Financial Services	NEW	64,607	NEW	$9,352,509	NEW	0.55%
BIIB	Biogen Inc. Healthcare	Reduced	52,173	-13,664	$9,181,926	−0.4%	0.54%
ADSK	Autodesk, Inc. Technology	NEW	30,606	NEW	$9,059,682	NEW	0.53%