Decagon Asset Management LLP

CIK

1950677

Location

LONDON, X0

Portfolio Value

Small $504,939,624

Diversification

Diversified

Filing Date

Global Rank

#3,820 / 8,820 ▲ 511

Top Industry

Shell Companies 44.3%

3Y Alpha vs SPY

-24.2%

Period ended 4 months ago

Filed Aug 14, 2026 · 3mo

7 quarters · since Dec 2024

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 65.0% of the book (60%+)

Turnover

High turnover

170.2% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 1.7 quarters (under 4)

Closest benchmark: the S&P MidCap 400 as of 2026-06-30, active share 99.0%; sector active share 62.3% against the combined 13F book's sector weights.

Over time 7 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

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

Top Position

11.5%

−5.7 pts

Top 5

49.7%

−3.7 pts

Top 10

64.1%

−8.6 pts

HHI

600

Diversified−209

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	44.3%	$223,580,679	67
Healthcare	27.6%	$139,274,753	5
Industrials	14.2%	$71,815,040	3
Communication Services	13.5%	$68,325,389	2
Technology	0.2%	$1,242,300	1
Unclassified	0.1%	$701,463	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

24 positions

Ticker	Company	Δ Shares	Shares	Value
DBCAW	D. Boral Acquisition I Corp.	+345,560	475,947	$180,860
AXINR	Axiom Intelligence Acquisition Corp 1	+263,660	613,660	$230,920
HLXC	Helix Acquisition Corp. III	+245,875	1,044,766	$11,116,310
KFIIR	K&F Growth Acquisition Corp. II	+241,843	1,116,707	$139,812
CLBR	Colombier Acquisition Corp. III	+183,802	1,672,035	$17,138,358
KCHVR	Kochav Defense Acquisition Corp.	+133,057	1,212,059	$244,835
OYSER	Oyster Enterprises II Acquisition Corp	+124,451	307,542	$33,860
CHPGR	ChampionsGate Acquisition Corp	+117,150	289,253	$39,455
NWAX	New America Acquisition I Corp.	+109,252	995,209	$10,101,371
GIX	GigCapital9 Corp.	+93,565	851,940	$8,459,764
OACC	Oaktree Acquisition Corp. III Life Sciences	+88,900	1,091,327	$11,677,198
TVACW	Texas Ventures Acquisition III Corp	+82,672	303,744	$161,046
HVMCW	Highview Merger Corp.	+77,923	177,923	$62,273
KCHV	Kochav Defense Acquisition Corp.	+73,965	672,619	$6,975,059
CAPNR	Cayson Acquisition Corp	+70,757	173,392	$41,233
KBON	Karbon Capital Partners Corp.	+66,471	720,284	$7,274,868
MEVOW	M Evo Global Acquisition Corp II	+55,418	504,612	$187,211
EVOXW	Evolution Global Acquisition Corp	+35,151	404,156	$159,642
BDCIW	BTC Development Corp.	+27,990	79,481	$28,001
PCAPW	ProCap Acquisition Corp	+20,285	245,643	$78,632
KBONW	Karbon Capital Partners Corp.	+19,900	183,350	$99,009
SORNW	Soren Acquisition Corp.	+18,160	89,826	$25,870
NPACW	New Providence Acquisition Corp. III	+3,900	48,000	$13,439
APACR	StoneBridge Acquisition II Corp	+2,900	370,703	$59,312
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
GIXXR	GigCapital9 Corp.	−132,700	625,675	$162,676
XFLH	XFLH Capital Corp	−109,232	315,238	$3,142,922
MEVO	M Evo Global Acquisition Corp II	−100,000	798,398	$7,920,108
NSC	Norfolk Southern Corp	−31,677	184,363	$57,998,756
BEBE	TGE Value Creative Solutions Corp	−26,300	435,172	$4,338,664
PEN	Penumbra Inc	−25,587	142,001	$44,836,815
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ROKU	Roku, Inc	393,636	$54,376,877
—		2,715,536	$44,833,499
TECH	BIO-TECHNE Corp	564,664	$39,893,511
CUB	Lionheart Holdings	1,500,000	$16,155,000
NSTR	NorthStar Earth & Space Enterprises, Inc.	1,330,620	$13,598,936
QLEP	Quantum Leap Acquisition Corp	1,204,380	$11,959,493
ATII	Archimedes Tech SPAC Partners II Co.	937,829	$10,109,796
GLED	GalaxyEdge Acquisition Corp	990,000	$9,840,600
QRED	QuasarEdge Acquisition Corp	990,000	$9,830,700
BHAV	BHAV Acquisition Corp	990,000	$9,830,700
ATLQ	JAB Acquisition Corp I	908,000	$9,107,240
OTAI	Starlink AI Acquisition Corp	913,770	$9,046,323
DYNC	Dynamix Corp	766,533	$8,270,891
PONO	Pono Capital Four, Inc.	743,610	$7,406,355
ALPXU	Alpex Acquisition Corp	702,988	$7,043,939
MTAL	Metals Acquisition Corp. II	431,397	$4,378,679
FMAC	Future Money Acquisition Corp	425,128	$4,242,777
KEYY	Keystone Acquisition Corp.	375,000	$3,697,500
APMC	AmperCap Acquisition Co	351,990	$3,481,181
WENC	West Enclave Merger Corp.	271,780	$2,696,057
FXAC	FortuneX Acquisition Corp	163,412	$1,642,291
SAAQ	Space Asset Acquisition Corp.	154,900	$1,579,980
SYNA	SYNAPTICS Inc	10,000	$1,242,300
ATIIW	Archimedes Tech SPAC Partners II Co.	331,302	$725,519
—		334,030	$701,463
No positions match the current search.

Sold Out

Positions the filer fully exited

16 positions

Ticker	Company	Shares	Value
—		133,559	$27,228,673
—		1,139,167	$26,941,300
—		275,000	$20,787,250
—		2,924,720	$20,385,299
MBC	MasterBrand, Inc.	1,546,997	$12,855,545
—		52,856	$10,927,978
BHAVU	BHAV Acquisition Corp	990,000	$9,880,200
FMACU	Future Money Acquisition Corp	844,320	$8,434,756
BCSS	Bain Capital GSS Investment Corp.	656,944	$6,643,017
PONOU	Pono Capital Four, Inc.	661,496	$6,601,730
NBRG	Newbridge Acquisition Ltd	350,000	$3,454,500
IACOU	Idea Acquisition Corp.	318,350	$3,154,848
PTOR	Praetorian Acquisition Corp.	233,030	$2,283,694
RFAM	RF Acquisition Corp III	100,811	$986,939
—		69,665	$18,113
ALCWF	Alchemy Investments Acquisition Corp 1	13,179	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

79 tracked positions · $504,939,624 total · filing declares 104 positions · $524,724,011 · as of Jun 30, 2026

All sectors Communication Services Financial Services Healthcare Industrials Technology

Showing 1–50 of 79 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
NSC	Norfolk Southern Corp Industrials	Reduced	184,363	-31,677	$57,998,756	−6.5%	3	$292.93	11.49%
ROKU	Roku, Inc Communication Services	NEW	393,636	NEW	$54,376,877	NEW	1	$121.99	10.77%
TECH	BIO-TECHNE Corp CALL + SHARES Healthcare	NEW	693,264	NEW	$48,979,101	NEW	1	$54.00	9.70%
PEN	Penumbra Inc Healthcare	Reduced	142,001	-25,587	$44,836,815	−18.5%	2	$338.61	8.88%
		NEW	2,715,536	NEW	$44,833,499	NEW	1	unpriced	8.88%
CLBR	Colombier Acquisition Corp. III Financial Services	Added	1,672,035	+183,802	$17,138,358	+14.5%	2	unpriced	3.39%
CUB	Lionheart Holdings Financial Services	NEW	1,500,000	NEW	$16,155,000	NEW	1	$10.81	3.20%
	PUT	NEW	523,200	NEW	$13,948,512	NEW	—	—	2.76%
NSTR	NorthStar Earth & Space Enterprises, Inc. Industrials	NEW	1,330,620	NEW	$13,598,936	NEW	1	unpriced	2.69%
QLEP	Quantum Leap Acquisition Corp Financial Services	NEW	1,204,380	NEW	$11,959,493	NEW	1	unpriced	2.37%
OACC	Oaktree Acquisition Corp. III Life Sciences Financial Services	Added	1,091,327	+88,900	$11,677,198	+10.1%	7	before history	2.31%
HLXC	Helix Acquisition Corp. III Financial Services	Added	1,044,766	+245,875	$11,116,310	+37.0%	2	$10.24	2.20%
ATII	Archimedes Tech SPAC Partners II Co. Financial Services	NEW	937,829	NEW	$10,109,796	NEW	1	$10.86	2.00%
NWAX	New America Acquisition I Corp. Financial Services	Added	995,209	+109,252	$10,101,371	+13.9%	2	$10.08	2.00%
GLED	GalaxyEdge Acquisition Corp Financial Services	NEW	990,000	NEW	$9,840,600	NEW	1	$9.91	1.95%
QRED	QuasarEdge Acquisition Corp Financial Services	NEW	990,000	NEW	$9,830,700	NEW	1	$9.93	1.95%
BHAV	BHAV Acquisition Corp Financial Services	NEW	990,000	NEW	$9,830,700	NEW	1	$9.91	1.95%
ATLQ	JAB Acquisition Corp I Financial Services	NEW	908,000	NEW	$9,107,240	NEW	1	unpriced	1.80%
OTAI	Starlink AI Acquisition Corp Financial Services	NEW	913,770	NEW	$9,046,323	NEW	1	unpriced	1.79%
GIX	GigCapital9 Corp. Financial Services	Added	851,940	+93,565	$8,459,764	+13.5%	2	unpriced	1.68%
DYNC	Dynamix Corp Financial Services	NEW	766,533	NEW	$8,270,891	NEW	1	$10.75	1.64%
MEVO	M Evo Global Acquisition Corp II Financial Services	Reduced	798,398	-100,000	$7,920,108	−10.5%	2	$9.86	1.57%
PONO	Pono Capital Four, Inc. Financial Services	NEW	743,610	NEW	$7,406,355	NEW	1	$9.92	1.47%
KBON	Karbon Capital Partners Corp. Financial Services	Added	720,284	+66,471	$7,274,868	+10.6%	2	$10.07	1.44%
ALPXU	Alpex Acquisition Corp Financial Services	NEW	702,988	NEW	$7,043,939	NEW	1	unpriced	1.40%
KCHV	Kochav Defense Acquisition Corp. Financial Services	Added	672,619	+73,965	$6,975,059	+13.7%	4	$10.10	1.38%
MTAL	Metals Acquisition Corp. II Financial Services	NEW	431,397	NEW	$4,378,679	NEW	1	$10.13	0.87%
BEBE	TGE Value Creative Solutions Corp Financial Services	Reduced	435,172	-26,300	$4,338,664	−4.8%	2	unpriced	0.86%
FMAC	Future Money Acquisition Corp Financial Services	NEW	425,128	NEW	$4,242,777	NEW	1	$9.97	0.84%
KEYY	Keystone Acquisition Corp. Financial Services	NEW	375,000	NEW	$3,697,500	NEW	1	unpriced	0.73%
APMC	AmperCap Acquisition Co Financial Services	NEW	351,990	NEW	$3,481,181	NEW	1	unpriced	0.69%
XFLH	XFLH Capital Corp Financial Services	Reduced	315,238	-109,232	$3,142,922	−25.0%	2	unpriced	0.62%
WENC	West Enclave Merger Corp. Financial Services	NEW	271,780	NEW	$2,696,057	NEW	1	$9.91	0.53%
FXAC	FortuneX Acquisition Corp Financial Services	NEW	163,412	NEW	$1,642,291	NEW	1	unpriced	0.33%
SAAQ	Space Asset Acquisition Corp. Financial Services	NEW	154,900	NEW	$1,579,980	NEW	1	$10.27	0.31%
SYNA	SYNAPTICS Inc Technology	NEW	10,000	NEW	$1,242,300	NEW	1	$112.90	0.25%
ATIIW	Archimedes Tech SPAC Partners II Co. Financial Services	NEW	331,302	NEW	$725,519	NEW	1	unpriced	0.14%
		NEW	334,030	NEW	$701,463	NEW	1	unpriced	0.14%
IACO	Idea Acquisition Corp. Financial Services	NEW	64,442	NEW	$638,620	NEW	1	$9.88	0.13%
OGN	Organon & Co. CALL Healthcare	NEW	45,700	NEW	$618,778	NEW	—	—	0.12%
HCACR	Hall Chadwick Acquisition Corp Financial Services	NEW	985,911	NEW	$285,914	NEW	1	unpriced	0.06%
GSRFR	GSR IV Acquisition Corp. Financial Services	Held	109,028	0	$262,757	−1.6%	3	unpriced	0.05%
KCHVR	Kochav Defense Acquisition Corp. Financial Services	Added	1,212,059	+133,057	$244,835	−4.5%	4	unpriced	0.05%
EGHAR	EGH Acquisition Corp. Financial Services	Held	646,873	0	$242,706	+50.1%	5	unpriced	0.05%
AXINR	Axiom Intelligence Acquisition Corp 1 Financial Services	Added	613,660	+263,660	$230,920	+247.4%	4	unpriced	0.05%
BHAVR	BHAV Acquisition Corp Financial Services	NEW	990,000	NEW	$227,701	NEW	1	unpriced	0.05%
SBCWW	SBC Medical Group Holdings Inc Industrials	Held	944,992	0	$217,348	−16.4%	7	before history	0.04%
MEVOW	M Evo Global Acquisition Corp II Financial Services	Added	504,612	+55,418	$187,211	+22.6%	2	unpriced	0.04%
DBCAW	D. Boral Acquisition I Corp. Financial Services	Added	475,947	+345,560	$180,860	+362.4%	2	unpriced	0.04%
GIXXR	GigCapital9 Corp. Financial Services	Reduced	625,675	-132,700	$162,676	−2.5%	2	unpriced	0.03%

Showing the top 50 of 79 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.