NEXPOINT ASSET MANAGEMENT, L.P.
Long book
$1.43B
Q1 2026
Positions
81
Top-10 weight
57%
concentration
Last quarter
+3.8%
SPY +14.8%
Turnover
50%
of book per quarter
Strategy in plain words
auto-generated from filingsNEXPOINT ASSET MANAGEMENT, L.P. is a diversified fundamental manager, running a $1.43B US long book across 81 positions.
The portfolio is concentrated: the top 10 names carry 57% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NEXPOINT REAL ESTATE FINANCE, HOLOGIC INC, LEARWATER ANALYTICS HLDGS I, SEALED AIR CORP, ONESTREAM INC.
Over the last 9 quarters its long book ran on average 2.2pp per quarter behind 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
-0.1%
Q2 2024
+12.0%
Q3 2024
+4.9%
Q4 2024
-4.5%
Q1 2025
-1.9%
Q2 2025
+3.9%
Q3 2025
+3.7%
Q4 2025
-1.5%
Q1 2026
+3.8%
Sector allocation
Other 50%
Services media 10%
Real estate 7%
Technology 7%
Financials 7%
Utilities 4%
Healthcare 4%
Industrials 4%
Long book by quarter
What does NEXPOINT ASSET own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| HO1 HOLOGIC INC | — | 1.5M | $116.5M | 8.1% | +79.5% |
| SDA SEALED AIR CORP | Services media | 2.0M | $83.8M | 5.9% | +37.9% |
| K4F ONESTREAM INC | — | 3.4M | $80.6M | 5.6% | New |
| AL AIR LEASE CORP | — | 1.2M | $75.9M | 5.3% | +52.8% |
| VICI Vici properties inc | Real estate | 896.0K | $71.6M | 5.0% | +113.2% |
| EA ELECTRONIC ARTS INC | Technology | 300.0K | $61.2M | 4.3% | +34.6% |
| MASI* MASIMO CORP | — | 310.1K | $55.2M | 3.8% | New |
| 628 SEMRUSH HOLDINGS INC-A | — | 4.6M | $54.9M | 3.8% | +32.3% |
| 430 TERNS PHARMACEUTICALS INC | — | 904.2K | $47.7M | 3.3% | New |
| ACLXGBX ARCELLX INC | — | 373.1K | $42.8M | 3.0% | New |
| GTLS CHART INDUSTRIES INC | Industrials | 185.3K | $38.3M | 2.7% | +9.6% |
| PRA PROASSURANCE CORP | Financials | 1.4M | $35.0M | 2.4% | +6.6% |
| BHF BRIGHTHOUSE FINANCIAL INC | Financials | 576.5K | $34.5M | 2.4% | Held |
| TXNM TXNM ENERGY INC | Utilities | 540.2K | $31.6M | 2.2% | +7.3% |
| AM6 AMICUS THERAPEUTICS INC | — | 2.0M | $29.5M | 2.1% | New |
| SEM SELECT MEDICAL HOLDINGS CORP | Healthcare | 1.5M | $24.1M | 1.7% | New |
| WBD WARNER BROS DISCOVERY INC | Communications | 872.0K | $23.9M | 1.7% | New |
| CCO CLEAR CHANNEL OUTDOOR HOLDIN | Services media | 9.3M | $22.1M | 1.5% | New |
| CTRA COTERRA ENERGY INC | — | 480.6K | $16.9M | 1.2% | New |
| TALK TALKSPACE INC | Healthcare | 3.0M | $15.4M | 1.1% | New |
| TSAT TELESAT CORP | Communications | 396.6K | $14.4M | 1.0% | Held |
| ET ENERGY TRANSFER LP | Utilities | 687.4K | $13.3M | 0.9% | -9.8% |
| TALO TALOS ENERGY INC | Energy | 496.6K | $7.8M | 0.5% | -3.2% |
| FRMI FERMI INC | Real estate | 1.3M | $7.6M | 0.5% | Held |
| RAL RALLIANT CORP | Technology | 155.8K | $6.5M | 0.5% | +396.2% |
| REYN REYNOLDS CONSUMER PRODUCTS I | Other | 285.9K | $6.1M | 0.4% | +16.4% |
| FBIN FORTUNE BRANDS INNOVATIONS I | Other | 153.4K | $6.0M | 0.4% | New |
| MIDD MIDDLEBY CORP | Industrials | 37.4K | $5.0M | 0.3% | New |
| SHC SOTERA HEALTH CO | Healthcare | 315.5K | $4.5M | 0.3% | Held |
| YETI YETI HOLDINGS INC | Other | 105.9K | $3.9M | 0.3% | +10.4% |
| SWX SOUTHWEST GAS HOLDINGS INC | Utilities | 38.6K | $3.4M | 0.2% | +17.5% |
| KYIV KYIVSTAR GROUP LTD | Communications | 282.8K | $2.9M | 0.2% | New |
| LION LIONSGATE STUDIOS CORP | Services media | 298.1K | $2.9M | 0.2% | +20.1% |
| RNA ATRIUM THERAPEUTICS INC | Healthcare | 150.0K | $2.0M | 0.1% | New |
| REZI RESIDEO TECHNOLOGIES INC | Consumer discretionary | 58.3K | $2.0M | 0.1% | +28.7% |
| GPC GENUINE PARTS CO | Consumer discretionary | 17.8K | $1.9M | 0.1% | Held |
| BILL BILL HOLDINGS INC | Technology | 46.3K | $1.8M | 0.1% | +43.7% |
| BRZE BRAZE INC-A | Technology | 75.0K | $1.8M | 0.1% | Held |
| AMRZ AMRIZE LTD | Industrials | 31.6K | $1.8M | 0.1% | Held |
| LEG LEGGETT & PLATT INC | Other | 161.6K | $1.6M | 0.1% | Held |
| OKTA OKTA INC | Technology | 20.2K | $1.6M | 0.1% | Held |
| GTLB GITLAB INC-CL A | Technology | 69.9K | $1.5M | 0.1% | Held |
| CSX CSX CORP | Industrials | 35.0K | $1.4M | 0.1% | Held |
| PSN PARSONS CORP | Technology | 26.0K | $1.4M | 0.1% | Held |
| FISV FISERV INC | Services media | 25.0K | $1.4M | 0.1% | Held |
| PRMB PRIMO BRANDS CORP | Consumer staples | 72.0K | $1.4M | 0.1% | Held |
| STKL SUNOPTA INC | — | 205.2K | $1.3M | 0.1% | New |
| BL BLACKLINE INC | Technology | 35.5K | $1.3M | 0.1% | Held |
| BDX BECTON DICKINSON AND CO | Healthcare | 7.7K | $1.2M | 0.1% | New |
| SRG SERITAGE GROWTH PROP- A | Real estate | 417.5K | $1.2M | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 123 | $1.49B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 116 | $1.44B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 132 | $1.15B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 118 | $1.10B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 116 | $1.14B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 126 | $890.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 130 | $857.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 117 | $770.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 114 | $665.7M | canonical | SEC ↗ |
Similar funds
DIAMANT ASSET MANAGEMENT, INC. LILLY ENDOWMENT INCBROOKFIELD Corp /ON/GQG Partners LLCMITSUBISHI UFJ FINANCIAL GROUP INCNewport Trust Company, LLCVIKING GLOBAL INVESTORS LPPARNASSUS INVESTMENTS, LLC MASTERCARD FOUNDATION ASSET MANAGEMENT CORPPZENA INVESTMENT MANAGEMENT LLCCOATUE MANAGEMENT LLCWinslow Capital Management, LLC