What Davidson Kempner Capital Management LP changed, 2014 to 2026
50 quarterly 13F filings, from Q1 2014 to Q2 2026, each read from the filing itself. A quarter is compared only with the quarter before it, so a quarter with no filing is a gap in the record, not a sale.
Reported book
$8.4bn
$2.8bn at Q1 2014
Positions
241
138 at Q1 2014
Top ten weight
42%
43% at Q1 2014
Typical quarterly turnover
about 35%
Estimated from share changes
- Q1 2014: $2.8bn
- Q2 2014: $3.4bn
- Q3 2014: $4.4bn
- Q4 2014: $5.3bn
- Q1 2015: $4.7bn
- Q2 2015: $6.1bn
- Q3 2015: $5.7bn
- Q4 2015: $5.6bn
- Q1 2016: $4.7bn
- Q2 2016: $4.3bn
- Q3 2016: $4.1bn
- Q4 2016: $4.9bn
- Q1 2017: $4.2bn
- Q2 2017: $7.3bn
- Q3 2017: $7.5bn
- Q4 2017: $7.4bn
- Q1 2018: $9.5bn
- Q2 2018: $8.5bn
- Q3 2018: $9.1bn
- Q4 2018: $5.1bn
- Q1 2019: $5.2bn
- Q2 2019: $9.2bn
- Q3 2019: $5.1bn
- Q4 2019: $4.4bn
- Q1 2020: $3.7bn
- Q2 2020: $4.1bn
- Q3 2020: $7.0bn
- Q4 2020: $8.5bn
- Q1 2021: $10.0bn
- Q2 2021: $12.9bn
- Q3 2021: $7.0bn
- Q4 2021: $6.8bn
- Q1 2022: $7.8bn
- Q2 2022: $5.8bn
- Q3 2022: $5.5bn
- Q4 2022: $5.3bn
- Q1 2023: $6.0bn
- Q2 2023: $5.2bn
- Q3 2023: $7.6bn
- Q4 2023: $6.6bn
- Q1 2024: $7.6bn
- Q2 2024: $6.2bn
- Q3 2024: $4.8bn
- Q4 2024: $6.0bn
- Q1 2025: $7.3bn
- Q2 2025: $7.0bn
- Q3 2025: $7.8bn
- Q4 2025: $8.6bn
- Q1 2026: $8.3bn
- Q2 2026: $8.4bn
- Q1 2014: 43%
- Q2 2014: 50%
- Q3 2014: 45%
- Q4 2014: 50%
- Q1 2015: 48%
- Q2 2015: 54%
- Q3 2015: 49%
- Q4 2015: 49%
- Q1 2016: 49%
- Q2 2016: 50%
- Q3 2016: 47%
- Q4 2016: 46%
- Q1 2017: 98%
- Q2 2017: 60%
- Q3 2017: 57%
- Q4 2017: 60%
- Q1 2018: 60%
- Q2 2018: 49%
- Q3 2018: 57%
- Q4 2018: 53%
- Q1 2019: 51%
- Q2 2019: 60%
- Q3 2019: 60%
- Q4 2019: 52%
- Q1 2020: 55%
- Q2 2020: 36%
- Q3 2020: 38%
- Q4 2020: 38%
- Q1 2021: 37%
- Q2 2021: 45%
- Q3 2021: 30%
- Q4 2021: 27%
- Q1 2022: 26%
- Q2 2022: 28%
- Q3 2022: 29%
- Q4 2022: 28%
- Q1 2023: 36%
- Q2 2023: 39%
- Q3 2023: 51%
- Q4 2023: 47%
- Q1 2024: 44%
- Q2 2024: 32%
- Q3 2024: 33%
- Q4 2024: 32%
- Q1 2025: 41%
- Q2 2025: 33%
- Q3 2025: 38%
- Q4 2025: 47%
- Q1 2026: 46%
- Q2 2026: 42%
The positions that defined it
Every position that was ever among the 25 largest: when it first appeared, when it was largest, and where it stands in Q2 2026. The line is its reported value each quarter.
| Position | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| iShares Russell 2000 ETF(IWM) | Q3 2014 | $877mQ2 2026 | $877m | |
| Electronic Arts Inc(EA) | Q4 2017 | $750mQ2 2026 | $750m | |
| Spdr S&P 500 Etf Trust(SPY) | Q4 2014 | $1.1bnQ4 2025 | $518m | |
| Invesco QQQ Trust(QQQ) | Q1 2022 | $457mQ2 2022 | $331m | |
| Space Exploration Techn Corp(SPCX)Class A Common Stock | Q2 2026 | $201mQ2 2026 | $201m | |
| iShares IBOXX High Yield ETF(HYG) | Q1 2026 | $200mQ2 2026 | $200m | |
| Echostar Corp(ECHO)Class A | Q3 2025 | $199mQ2 2026 | $199m | |
| Arko Corp(ARKO) | Q4 2020 | $237mQ1 2021 | $186m | |
| MKS Inc.Note 1.250% 6/0 | Q1 2026 | $146mQ2 2026 | $146m | |
| Alibaba Group HLDG LTDNote 0.500% 6/0 | Q2 2025 | $202mQ3 2025 | $142m | |
| Uber Technologies IncNote 0.875%12/0 | Q4 2024 | $129mQ3 2025 | $120m | |
| Rivian Automotive IncNote 4.625% 3/1 | Q1 2024 | $118mQ2 2026 | $118m | |
| NXP Semiconductors N V(NXPI) | Q2 2016 | $1.9bnQ1 2018 | Soldlast listed Q1 2018 | |
| Aetna Inc New | Q2 2015 | $1.6bnQ3 2018 | Soldlast listed Q3 2018 | |
| Activision Blizzard Inc | Q1 2015 | $1.4bnQ3 2023 | Soldlast listed Q3 2023 | |
| Spdr S&P 500 Etf Trust(SPY) | Q2 2018 | $1.4bnQ1 2026 | Soldlast listed Q1 2026 | |
| Altaba Inc | Q2 2017 | $1.1bnQ2 2019 | Soldlast listed Q3 2019 | |
| Reynolds American Inc | Q1 2014 | $1.1bnQ2 2017 | Soldlast listed Q2 2017 | |
| Allergan PLC | Q4 2015 | $1.0bnQ4 2019 | Soldlast listed Q1 2020 | |
| Alexion Pharmaceuticals Inc | Q2 2015 | $1.0bnQ2 2021 | Soldlast listed Q2 2021 |
Quarter by quarter
Q2 2023: $5.2bn across 308 positions
Against Q1 2023: 78 new, 19 added to, 36 trimmed, 126 sold out, across all 308 positions.
Turnover about 33% of the book, estimated from share changes at quarter-end prices.
Largest additions
- Seagen Inc+$312m
- Activision Blizzard Inc+$174m
- Activision Blizzard Inc+$134m
- Walmart Inc (WMT)+$25m
- T-mobile US Inc (TMUS)+$22m
- iShares Russell 2000 ETF (IWM)+$18m
- Globus Med Inc (GMED)+$17m
- CNH Indl N V (CNH)+$16m
Largest reductions
- Spdr S&P 500 Etf Trust (SPY)-$314m
- Horizon Therapeutics Pub L-$154m
- Constellation Energy Corp (CEG)-$75m
- Bath & Body Works Inc (BBWI)-$66m
- Keurig DR Pepper Inc (KDP)-$54m
- Qiagen NV-$36m
- US Foods HLDG Corp (USFD)-$27m
- Fastly Inc-$16m
Opened
- Linde PLC (LIN)$100m
- Teck Resources LTD (TECK)$69m
- Amazon Com Inc (AMZN)$64m
- Shell PLC (SHEL)$53m
- Super Micro Computer Inc$48m
Sold out
- Shaw Communications Incwas $164m
- Invesco QQQ Trust (QQQ)was $140m
- Oak STR Health Incwas $61m
- PNM Res Inc (TXNM)was $58m
- Rogers Communications Inc (RCI)was $51m
- First Horizon Corporation (FHN)was $46m
- Ollies Bargain Outlt HLDGS I (OLLI)was $33m
- PayPal HLDGS Inc (PYPL)was $33m
Largest positions, Q2 2023
The largest 25 of 308 reported positions.
| Position | Value | Weight | On the quarter |
|---|---|---|---|
| Horizon Therapeutics Pub L | $335m | 6.5% | Trimmed |
| Activision Blizzard Inc | $330m | 6.4% | Added |
| Seagen Inc | $324m | 6.2% | Added |
| Activision Blizzard Inc | $203m | 3.9% | Added |
| Arko Corp (ARKO) | $184m | 3.5% | Held |
| Vistra Energy Corp (VST) | $142m | 2.7% | Trimmed |
| Yy Inc | $140m | 2.7% | Held |
| Spdr S&P 500 Etf Trust (SPY) | $133m | 2.6% | Trimmed |
| Playa Hotels & Resorts NV | $123m | 2.4% | Held |
| Facebook Inc (META) | $122m | 2.3% | Trimmed |
| T-mobile US Inc (TMUS) | $112m | 2.2% | Added |
| Walmart Inc (WMT) | $110m | 2.1% | Added |
| Pinduoduo Inc | $110m | 2.1% | Held |
| Linde PLC (LIN) | $100m | 1.9% | New |
| McDonald's Corp (MCD) | $98m | 1.9% | Trimmed |
| iShares Russell 2000 ETF (IWM) | $70m | 1.3% | Added |
| Teck Resources LTD (TECK) | $69m | 1.3% | New |
| Amazon Com Inc (AMZN) | $64m | 1.2% | New |
| Booking HLDGS Inc (BKNG) | $63m | 1.2% | Trimmed |
| Angel Oak MTG Inc (AOMR) | $61m | 1.2% | Held |
| Vnet Group Inc | $58m | 1.1% | Added |
| Redfin Corp | $55m | 1.1% | Trimmed |
| Shell PLC (SHEL) | $53m | 1.0% | New |
| CNH Indl N V (CNH) | $52m | 1.0% | Added |
| Super Micro Computer Inc | $48m | 0.9% | New |
The books most like this one
Among the managers whose filings are on file, at Q2 2026. Overlap is the share of the two books that is the same: for every stock both list, the smaller of its two weights, added up. Two books can overlap because both own the largest companies; it says nothing about whether the managers agree.
| Manager | Overlap | Stocks in both | Overlap over time | |
|---|---|---|---|---|
| Soros Fund Management LLC | 12% | 45 | Compare | |
| Fidelity (FMR LLC) | at least 9.9% | 48 | Compare | |
| Neuberger Berman Group LLC | at least 9.7% | 49 | Compare | |
| Janus Henderson Group Ltd | at least 9.6% | 46 | Compare | |
| Farallon Capital Management LLC | 9.3% | 6 | Compare | |
| T. Rowe Price Associates Inc | at least 9.2% | 47 | Compare | |
| Wellington Management Group LLP | at least 8.8% | 45 | Compare | |
| Capital Research Global Investors | 8.6% | 45 | Compare |
“At least” where either manager has more positions than are read each quarter: a stock both hold below that range is not counted.
The filings behind it
Every quarter above is one 13F holdings report, with any amendment the filer made to it applied in the order it was filed. Where the reporting entity changed, each quarter keeps the filer that actually reported it.
| Quarter | Filer | Book | Amended | Filing |
|---|---|---|---|---|
| Q2 2026 | Davidson Kempner Capital Management LP | $8.4bn | 13F-HR | |
| Q1 2026 | Davidson Kempner Capital Management LP | $8.3bn | 2 | 13F-HR |
| Q4 2025 | Davidson Kempner Capital Management LP | $8.6bn | 4 | 13F-HR |
| Q3 2025 | Davidson Kempner Capital Management LP | $7.8bn | 6 | 13F-HR |
| Q2 2025 | Davidson Kempner Capital Management LP | $7.0bn | 5 | 13F-HR |
| Q1 2025 | Davidson Kempner Capital Management LP | $7.3bn | 8 | 13F-HR |
| Q4 2024 | Davidson Kempner Capital Management LP | $6.0bn | 10 | 13F-HR |
| Q3 2024 | Davidson Kempner Capital Management LP | $4.8bn | 7 | 13F-HR |
| Q2 2024 | Davidson Kempner Capital Management LP | $6.2bn | 7 | 13F-HR |
| Q1 2024 | Davidson Kempner Capital Management LP | $7.6bn | 5 | 13F-HR |
| Q4 2023 | Davidson Kempner Capital Management LP | $6.6bn | 6 | 13F-HR |
| Q3 2023 | Davidson Kempner Capital Management LP | $7.6bn | 6 | 13F-HR |
| Q2 2023 | Davidson Kempner Capital Management LP | $5.2bn | 7 | 13F-HR |
| Q1 2023 | Davidson Kempner Capital Management LP | $6.0bn | 5 | 13F-HR |
| Q4 2022 | Davidson Kempner Capital Management LP | $5.3bn | 6 | 13F-HR |
| Q3 2022 | Davidson Kempner Capital Management LP | $5.5bn | 8 | 13F-HR |
| Q2 2022 | Davidson Kempner Capital Management LP | $5.8bn | 5 | 13F-HR |
| Q1 2022 | Davidson Kempner Capital Management LP | $7.8bn | 6 | 13F-HR |
| Q4 2021 | Davidson Kempner Capital Management LP | $6.8bn | 6 | 13F-HR |
| Q3 2021 | Davidson Kempner Capital Management LP | $7.0bn | 5 | 13F-HR |
| Q2 2021 | Davidson Kempner Capital Management LP | $12.9bn | 8 | 13F-HR |
| Q1 2021 | Davidson Kempner Capital Management LP | $10.0bn | 8 | 13F-HR |
| Q4 2020 | Davidson Kempner Capital Management LP | $8.5bn | 7 | 13F-HR |
| Q3 2020 | Davidson Kempner Capital Management LP | $7.0bn | 7 | 13F-HR |
| Q2 2020 | Davidson Kempner Capital Management LP | $4.1bn | 5 | 13F-HR |
| Q1 2020 | Davidson Kempner Capital Management LP | $3.7bn | 7 | 13F-HR |
| Q4 2019 | Davidson Kempner Capital Management LP | $4.4bn | 5 | 13F-HR |
| Q3 2019 | Davidson Kempner Capital Management LP | $5.1bn | 6 | 13F-HR |
| Q2 2019 | Davidson Kempner Capital Management LP | $9.2bn | 6 | 13F-HR |
| Q1 2019 | Davidson Kempner Capital Management LP | $5.2bn | 7 | 13F-HR |
| Q4 2018 | Davidson Kempner Capital Management LP | $5.1bn | 3 | 13F-HR |
| Q3 2018 | Davidson Kempner Capital Management LP | $9.1bn | 6 | 13F-HR |
| Q2 2018 | Davidson Kempner Capital Management LP | $8.5bn | 7 | 13F-HR |
| Q1 2018 | Davidson Kempner Capital Management LP | $9.5bn | 9 | 13F-HR |
| Q4 2017 | Davidson Kempner Capital Management LP | $7.4bn | 7 | 13F-HR |
| Q3 2017 | Davidson Kempner Capital Management LP | $7.5bn | 11 | 13F-HR |
| Q2 2017 | Davidson Kempner Capital Management LP | $7.3bn | 10 | 13F-HR |
| Q1 2017 | Davidson Kempner Capital Management LP | $4.2bn | 11 | 13F-HR |
| Q4 2016 | Davidson Kempner Capital Management LP | $4.9bn | 12 | 13F-HR |
| Q3 2016 | Davidson Kempner Capital Management LP | $4.1bn | 11 | 13F-HR |
| Q2 2016 | Davidson Kempner Capital Management LP | $4.3bn | 9 | 13F-HR |
| Q1 2016 | Davidson Kempner Capital Management LP | $4.7bn | 11 | 13F-HR |
| Q4 2015 | Davidson Kempner Capital Management LP | $5.6bn | 11 | 13F-HR |
| Q3 2015 | Davidson Kempner Capital Management LP | $5.7bn | 9 | 13F-HR |
| Q2 2015 | Davidson Kempner Capital Management LP | $6.1bn | 8 | 13F-HR |
| Q1 2015 | Davidson Kempner Capital Management LP | $4.7bn | 8 | 13F-HR |
| Q4 2014 | Davidson Kempner Capital Management LP | $5.3bn | 8 | 13F-HR |
| Q3 2014 | Davidson Kempner Capital Management LP | $4.4bn | 10 | 13F-HR |
| Q2 2014 | Davidson Kempner Capital Management LP | $3.4bn | 8 | 13F-HR |
| Q1 2014 | Davidson Kempner Capital Management LP | $2.8bn | 6 | 13F-HR |
Reading this record
A 13F lists US-listed long equity and options at the quarter end, filed up to 45 days later. It shows what was held, not when it was bought or at what price, and nothing short. Where a quarter lists only the largest positions, a name missing from it may still be held below that range; the counts of what was opened and sold always cover the whole filing.
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