683 Capital Management, LLC

Fundamental diversified ★Signal CIK 1404574
League rank
#167
in Fundamental diversified · #716 overall
Long book
$1.02B
Q1 2026
Positions
204
Top-10 weight
36%
concentration
Last quarter
+18.8%
SPY +14.8%
Turnover
28%
of book per quarter

Strategy in plain words

auto-generated from filings

683 Capital Management, LLC is a diversified fundamental manager, running a $1.02B US long book across 204 positions.

The portfolio is moderately concentrated (top 10 ≈ 36% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: CAPITAL ONE FINANCIAL CORP, CARVANA CO, PROTAGONIST THERAPEUTICS INC, WAVE LIFE SCIENCES LTD, BECTON DICKINSON AND CO.

Over the last 9 quarters its long book ran on average 1.8pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-3.3%
Q2 2024
+15.3%
Q3 2024
+0.7%
Q4 2024
-8.6%
Q1 2025
+9.1%
Q2 2025
+24.1%
Q3 2025
+10.2%
Q4 2025
-9.5%
Q1 2026
+18.8%

Sector allocation

Healthcare
39%
Financials
16%
Industrials
9%
Consumer discretionary
9%
Services media
9%
Materials
6%
Technology
4%
Other
3%

Long book by quarter

$951.8M
Q1 2024
$892.7M
Q2 2024
$911.3M
Q3 2024
$944.7M
Q4 2024
$905.2M
Q1 2025
$931.1M
Q2 2025
$1.05B
Q3 2025
$1.14B
Q4 2025
$1.02B
Q1 2026

What does 683 Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
COF CAPITAL ONE FINANCIAL CORPFinancials375.0K$68.4M6.7%+11.9%
CVNA CARVANA COConsumer discretionary155.0K$48.7M4.8%+3.3%
PTGX PROTAGONIST THERAPEUTICS INCHealthcare355.0K$37.4M3.7%-6.7%
WVE WAVE LIFE SCIENCES LTDHealthcare4.9M$35.5M3.5%+22.0%
BDX BECTON DICKINSON AND COHealthcare225.0K$35.4M3.5%+150.0%
ANAB ANAPTYSBIO INCHealthcare625.0K$34.7M3.4%-3.6%
HGV HILTON GRAND VACATIONS INCServices media775.0K$30.3M3.0%+4.0%
GXO GXO LOGISTICS INCIndustrials500.0K$25.9M2.5%-27.0%
MOH MOLINA HEALTHCARE INCFinancials160.0K$21.3M2.1%+18.5%
AMLX AMYLYX PHARMACEUTICALS INCHealthcare1.5M$21.3M2.1%-7.3%
MGTX MEIRAGTX HOLDINGS PLCHealthcare2.5M$21.2M2.1%-4.3%
PHAT PHATHOM PHARMACEUTICALS INCHealthcare1.9M$20.6M2.0%+3.6%
AMTM AMENTUM HOLDINGS INCServices media775.0K$20.2M2.0%-7.2%
IAG IAMGOLD CORPMaterials1.1M$19.8M1.9%+16.7%
TGTX TG THERAPEUTICS INCHealthcare590.0K$19.6M1.9%+63.9%
ASTH ASTRANA HEALTH INCServices media700.0K$17.2M1.7%New
SRPT SAREPTA THERAPEUTICS INCHealthcare750.0K$16.3M1.6%-7.4%
B BARRICK MINING CORPMaterials400.0K$16.3M1.6%Held
WAL WESTERN ALLIANCE BANCORPFinancials225.0K$15.9M1.6%+125.0%
KNOP KNOT OFFSHORE PARTNERS LPIndustrials1.5M$14.9M1.5%+1.4%
ARIS ARIS MINING CORPMaterials800.0K$14.9M1.5%-11.1%
LLY ELI LILLY & COHealthcare15.0K$13.8M1.3%New
ELV ELEVANCE HEALTH INCFinancials40.0K$11.7M1.1%-4.8%
CPNG COUPANG INCConsumer discretionary610.0K$11.5M1.1%New
SDRL SEADRILL LIMITEDEnergy250.0K$11.4M1.1%+25.0%
AM6 AMICUS THERAPEUTICS INC775.0K$11.2M1.1%-3.1%
GPC GENUINE PARTS COConsumer discretionary105.0K$11.1M1.1%New
GOOGL ALPHABET INC-CL ATechnology36.0K$10.4M1.0%Held
APLSUSD APELLIS PHARMACEUTICALS INC250.0K$10.1M1.0%-24.2%
LEN/B LENNAR CORP - B SHSIndustrials115.0K$9.7M0.9%Held
BKNG BOOKING HOLDINGS INCIndustrials2.2K$9.3M0.9%New
ZVRA ZEVRA THERAPEUTICS INCHealthcare975.0K$9.1M0.9%+7.7%
VTOL BRISTOW GROUP INCIndustrials186.0K$8.7M0.9%Held
UNH UNITEDHEALTH GROUP INCFinancials32.0K$8.7M0.8%-28.9%
CCOI COGENT COMMUNICATIONS HOLDINCommunications450.3K$8.5M0.8%-25.0%
QURE UNIQURE NVHealthcare500.0K$8.2M0.8%+29.9%
INSE INSPIRED ENTERTAINMENT INCTechnology1.0M$7.5M0.7%-1.2%
NE NOBLE CORP PLCEnergy150.0K$7.4M0.7%+361.5%
ALNY ALNYLAM PHARMACEUTICALS INCHealthcare21.0K$6.9M0.7%+455.3%
LXEO LEXEO THERAPEUTICS INCHealthcare1.2M$6.9M0.7%+7.1%
ALEC ALECTOR INCHealthcare3.2M$6.9M0.7%-4.5%
ICLR ICON PLCHealthcare62.0K$6.9M0.7%New
BLDR BUILDERS FIRSTSOURCE INCConsumer discretionary80.0K$6.6M0.6%+122.2%
GSAT GLOBALSTAR INCCommunications98.0K$6.5M0.6%-16.2%
PCSC PERCEPTIVE CAPITAL SOLUTIONSHealthcare561.9K$6.2M0.6%-12.3%
ERII ENERGY RECOVERY INCIndustrials550.0K$5.5M0.5%New
AMZN AMAZON.COM INCConsumer discretionary26.5K$5.5M0.5%Held
PAAS PAN AMERICAN SILVER CORPMaterials100.0K$5.5M0.5%New
ENVA ENOVA INTERNATIONAL INCFinancials40.0K$5.4M0.5%+33.3%
GPK GRAPHIC PACKAGING HOLDING COOther517.7K$5.1M0.5%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026237$1.92B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026234$2.30B canonicalSEC ↗
Q3 202513F-HRNov 14, 2025139$1.91B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025134$1.52B canonicalSEC ↗
Q1 202513F-HRMay 15, 2025140$1.45B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025225$1.61B canonicalSEC ↗
Q3 202413F-HRNov 14, 2024143$1.31B canonicalSEC ↗
Q2 202413F-HRAug 14, 2024145$1.32B canonicalSEC ↗
Q1 202413F-HRMay 15, 2024135$1.37B canonicalSEC ↗