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KINGDON CAPITAL MANAGEMENT, L.L.C.

13F filer · CIK 1000097 · New York, NY

Summary
KINGDON CAPITAL MANAGEMENT, L.L.C. reported $976.17M across 74 positions in its 13F for 2026 Q2, filed Aug 14, 2026. The largest holdings are SNDX (5.6%), NVDA (4.9%), WRBY (3.5%). Versus 2026 Q1, leaving options aside, it opened 20 new positions, added to 11, trimmed 16 and sold out of 15.
Reported value$976.17M
Positions74incl. options
Report period2026 Q2
FiledAug 14, 2026
New positions20
Added11
Trimmed16
Sold out15

Top 25 holdings

By reported value, options listed separately · change vs 2026 Q1

Weight 5.6%Value $54.65MPrice $18.24Shares 2.50MSince Jun 30 -16.58%
Weight 4.9%Value $48.02MPrice $227.21Shares 240K +20.00%Since Jun 30 +13.55%
Weight 3.5%Value $34.18MPrice $27.47Shares 1.13M +6.93%Since Jun 30 -9.46%
Weight 2.6%Value $25.41MPrice $38.75Shares 600K +33.33%Since Jun 30 -8.50%
Weight 2.5%Value $24.50MPrice $360.65Shares 70K -12.50%Since Jun 30 +3.02%
Weight 2.4%Value $23.48MPrice $9.03Shares 2.50MSince Jun 30 -3.83%
Weight 2.4%Value $23.21MPrice $136.57Shares 340KSince Jun 30 +100.04%
Weight 2.2%Value $21.49MPrice $456.94Shares 45KSince Jun 30 -4.32%
Weight 2.1%Value $20.74MPrice $117.80Shares 125KSince Jun 30 -29.01%
Weight 1.9%Value $18.81MPrice $28.70Shares 543KSince Jun 30 -17.22%
Weight 1.8%Value $17.99MPrice $43.49Shares 380K -19.15%Since Jun 30 -8.15%
Weight 1.8%Value $17.89MPrice $7.82Shares 900KSince Jun 30 -60.66%
Weight 1.8%Value $17.20MPrice $272.00Shares 98KSince Jun 30 +54.69%
Weight 1.7%Value $16.67MPrice $605.59Shares 25K +42.86%Since Jun 30 -9.19%
Weight 1.7%Value $16.13MPrice $230.94Shares 60K -14.29%Since Jun 30 -14.10%
Weight 1.5%Value $15.01MPrice $8.54Shares 1.20M +40.35%Since Jun 30 -31.73%
Weight 1.5%Value $14.75MPrice $412.18Shares 37KSince Jun 30 +3.65%
Weight 1.5%Value $14.59MPrice $113.83Shares 90K -48.57%Since Jun 30 -29.76%
Weight 1.5%Value $14.48MPrice $59.67Shares 200K +8.11%Since Jun 30 -17.61%
Weight 1.5%Value $14.31MPrice $9.10Shares 1.70MSince Jun 30 +8.08%
Weight 1.4%Value $13.59MPrice $26.24Shares 375K -46.43%Since Jun 30 -27.57%
Weight 1.4%Value $13.38MPrice $65.64Shares 157KSince Jun 30 -22.95%
Weight 1.3%Value $12.87MPrice $10.98Shares 800K -5.88%Since Jun 30 -31.76%
Weight 1.2%Value $12.00MPrice $171.59Shares 53K -12.50%Since Jun 30 -24.91%
Weight 1.2%Value $11.52MPrice $651.79Shares 16KSince Jun 30 -9.48%

Weight is the share of the reported 13F value, including options at notional value. “Since Jun 30” compares the latest close with the quarter-end price implied by the filing (value ÷ shares).

Largest buys in 2026 Q2

GRALGRALGRAIL INC≈ $23.21MNew
ILMNILMNILLUMINA INC≈ $17.20MNew

Largest sells in 2026 Q2

ICLNICLNISHARES TR≈ $12.80MSold
ICLRICLRICON PLC≈ $11.65MSold
WAYWAYWAYSTAR HLDG CORP≈ $10.56MSold

Options

Notional value, listed apart from stocks · top 10 of 17

SOXXSOXXISHARES TRPUT$83.30MNew
EWYEWYISHARES INCPUT$23.22MTrim
QQQQQQINVESCO QQQ TRPUT$22.09MNew
KREKRESPDR SERIES TRUSTCALL$18.71MNew
IWMIWMISHARES TRPUT$15.02MTrim
DHIDHID R HORTON INCPUT$8.14MNew
RUNRUNSUNRUN INCCALL$6.69MNew

Source: SEC Form 13F, values as reported by the filer. Filings lag up to 45 days after quarter end and cover only certain long positions. Research only, not investment advice.

Original filing All 13F filings on EDGAR