Davidson Kempner Capital Management LP
Long book
$3.66B
Q1 2026
Positions
186
Top-10 weight
45%
concentration
Last quarter
+18.6%
SPY +18.6%
Turnover
50%
of book per quarter
Strategy in plain words
auto-generated from filingsDavidson Kempner Capital Management LP is a quantitative fund whose holdings reflect models, not opinions, running a $3.66B US long book across 186 positions.
The portfolio is moderately concentrated (top 10 ≈ 45% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ELECTRONIC ARTS INC, ECHOSTAR CORP-A, CHART INDUSTRIES INC, ARKO CORP, HOLOGIC INC.
Over the last 9 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-1.6%
Q2 2024
+6.9%
Q3 2024
+0.8%
Q4 2024
-6.6%
Q1 2025
+19.4%
Q2 2025
+5.3%
Q3 2025
+0.5%
Q4 2025
+1.2%
Q1 2026
+18.6%
Sector allocation
Technology 31%
Industrials 16%
Communications 13%
Other 12%
Healthcare 7%
Consumer discretionary 7%
Services media 4%
Utilities 4%
Long book by quarter
What does Davidson Kempner own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| EA ELECTRONIC ARTS INC | Technology | 2.9M | $588.2M | 16.1% | +47.4% |
| ECHO ECHOSTAR CORP-A | Communications | 1.5M | $174.6M | 4.8% | +106.1% |
| GTLS CHART INDUSTRIES INC | Industrials | 797.4K | $164.9M | 4.5% | -44.9% |
| ARKO ARKO CORP | Consumer discretionary | 23.1M | $128.7M | 3.5% | Held |
| HO1 HOLOGIC INC | — | 1.6M | $122.4M | 3.3% | +124.7% |
| MASI* MASIMO CORP | — | 586.0K | $104.2M | 2.8% | New |
| TMUS T-MOBILE US INC | Communications | 484.9K | $101.8M | 2.8% | +84.9% |
| ALC ALCON INC | Healthcare | 1.3M | $97.9M | 2.7% | +279.3% |
| NVRI ENVIRI CORP | Utilities | 4.7M | $91.6M | 2.5% | +106.7% |
| NVDA NVIDIA CORP | Technology | 427.5K | $74.6M | 2.0% | +48.3% |
| ACLXGBX ARCELLX INC | — | 559.6K | $64.3M | 1.8% | New |
| META META PLATFORMS INC-CLASS A | Technology | 106.0K | $60.6M | 1.7% | +30.6% |
| TDS TELEPHONE AND DATA SYSTEMS | Communications | 1.4M | $59.4M | 1.6% | Held |
| B BARRICK MINING CORP | Materials | 1.4M | $56.9M | 1.6% | -15.9% |
| BA BOEING CO/THE | Industrials | 260.0K | $51.7M | 1.4% | -7.1% |
| T AT&T INC | Communications | 1.6M | $46.5M | 1.3% | -10.7% |
| FPS FORGENT POWER SOLUTIONS-CL A | Industrials | 1.4M | $40.8M | 1.1% | New |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 310.0K | $40.6M | 1.1% | New |
| ORCL ORACLE CORP | Technology | 275.0K | $40.5M | 1.1% | New |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 101.7K | $39.8M | 1.1% | +35.6% |
| SGRY SURGERY PARTNERS INC | Healthcare | 3.3M | $39.8M | 1.1% | +40.7% |
| AME AMETEK INC | Technology | 180.0K | $38.6M | 1.1% | +44.0% |
| RTX RTX CORP | Industrials | 200.0K | $38.6M | 1.1% | +166.7% |
| BLCO BAUSCH + LOMB CORP | Healthcare | 2.2M | $35.0M | 1.0% | +13.4% |
| CMCSA COMCAST CORP-CLASS A | Communications | 1.2M | $33.1M | 0.9% | +435.6% |
| CEG CONSTELLATION ENERGY | Utilities | 118.4K | $33.1M | 0.9% | +32.7% |
| MA MASTERCARD INC - A | Services media | 65.0K | $32.5M | 0.9% | +30.0% |
| BKNG BOOKING HOLDINGS INC | Industrials | 7.3K | $30.8M | 0.8% | +9.9% |
| MSFT MICROSOFT CORP | Technology | 83.0K | $30.7M | 0.8% | -43.0% |
| LIN LINDE PLC | Materials | 55.0K | $27.3M | 0.7% | -15.4% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 20.0K | $26.4M | 0.7% | -20.0% |
| CVNA CARVANA CO | Consumer discretionary | 81.3K | $25.6M | 0.7% | -38.3% |
| CPRI CAPRI HOLDINGS LTD | Other | 1.4M | $25.2M | 0.7% | +190.8% |
| LUNR INTUITIVE MACHINES INC | Technology | 1.3M | $24.6M | 0.7% | New |
| MIR MIRION TECHNOLOGIES INC | Other | 1.3M | $24.4M | 0.7% | +41.6% |
| KOS KOSMOS ENERGY LTD | Energy | 8.4M | $23.4M | 0.6% | New |
| Q QNITY ELECTRONICS INC | Technology | 200.0K | $23.1M | 0.6% | New |
| GWW WW GRAINGER INC | Consumer discretionary | 21.0K | $22.9M | 0.6% | New |
| TTWO TAKE-TWO INTERACTIVE SOFTWRE | Technology | 115.6K | $22.8M | 0.6% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 100.0K | $20.8M | 0.6% | Held |
| DASH DOORDASH INC - A | Services media | 137.8K | $20.7M | 0.6% | +37.8% |
| UMAC UNUSUAL MACHINES INC /US | Technology | 1.7M | $20.5M | 0.6% | +726.0% |
| PH PARKER HANNIFIN CORP | Industrials | 22.5K | $20.1M | 0.6% | New |
| JHX JAMES HARDIE IND PLC | Industrials | 1.1M | $19.9M | 0.5% | New |
| SNPS SYNOPSYS INC | Technology | 50.0K | $19.8M | 0.5% | Held |
| DIS WALT DISNEY CO/THE | Services media | 200.0K | $19.3M | 0.5% | -20.0% |
| CHRW C.H. ROBINSON WORLDWIDE INC | Industrials | 115.0K | $19.1M | 0.5% | -70.5% |
| RR RICHTECH ROBOTICS INC-CL B | Industrials | 8.5M | $17.8M | 0.5% | +142.9% |
| DE DEERE & CO | Industrials | 30.0K | $16.9M | 0.5% | New |
| 430 TERNS PHARMACEUTICALS INC | — | 311.6K | $16.4M | 0.4% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR/ANEW HOLDINGS | Aug 14, 2026 | 4 | $394.7M | canonical | SEC ↗ |
| Q1 2026 | 13F-HR/ANEW HOLDINGS | Aug 14, 2026 | 1 | $588.2M | canonical | SEC ↗ |
| Q1 2026 | 13F-HR | May 15, 2026 | 233 | $7.33B | confidential canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ANEW HOLDINGS | Aug 14, 2026 | 1 | $399.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ANEW HOLDINGS | Aug 14, 2026 | 2 | $332.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ANEW HOLDINGS | May 15, 2026 | 5 | $879.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ANEW HOLDINGS | May 15, 2026 | 2 | $645.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 214 | $6.30B | confidential canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ANEW HOLDINGS | Aug 14, 2026 | 1 | $101.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ANEW HOLDINGS | Aug 14, 2026 | 1 | $390.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ANEW HOLDINGS | May 15, 2026 | 2 | $554.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ANEW HOLDINGS | May 15, 2026 | 1 | $53.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ANEW HOLDINGS | Feb 17, 2026 | 2 | $286.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ANEW HOLDINGS | Feb 17, 2026 | 4 | $489.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 225 | $5.95B | confidential canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ANEW HOLDINGS | Feb 17, 2026 | 2 | $533.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ANEW HOLDINGS | Feb 17, 2026 | 1 | $268.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ANEW HOLDINGS | Nov 14, 2025 | 1 | $32.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ANEW HOLDINGS | Nov 14, 2025 | 1 | $16.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ANEW HOLDINGS | Nov 14, 2025 | 1 | $48.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 193 | $6.06B | confidential canonical | SEC ↗ |
| Q1 2025 | 13F-HR/ANEW HOLDINGS | Feb 17, 2026 | 1 | $395.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR/ANEW HOLDINGS | Feb 17, 2026 | 1 | $349.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR/ANEW HOLDINGS | Feb 17, 2026 | 1 | $366.3M | canonical | SEC ↗ |
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