PICTON MAHONEY ASSET MANAGEMENT
Q1 2025 13F-HR Holdings
Net value change ($000)
+907,894
(18.5%)
New positions
191
Sold out positions
115
Turnover %
30.4%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q4 2024
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| Intra-Cellular Therapies, Inc. | 48,145 | 802416.7% |
| SPLV | 31,920 | 280.4% |
| SCHW | 25,200 | NEW |
| WFC | 20,827 | 416.2% |
| QXO BUILDING PRODUCTS, INC. | 20,658 | NEW |
| AAPL | 17,955 | 34.0% |
| INTU | 17,825 | NEW |
| BERRY GLOBAL GROUP, INC. | 16,859 | 324.0% |
| BJ | 15,883 | NEW |
| CME | 15,676 | NEW |
Top Reduces (Value $000, Stocks/ETFs)
| SMARTSHEET INC | -52,976 | -100.0% |
| SUM | -29,854 | -100.0% |
| HashiCorp, Inc. | -28,004 | -100.0% |
| RETAIL OPPORTUNITY INVESTMENTS CORP | -27,343 | -100.0% |
| NOW | -21,658 | -100.0% |
| Endeavor Group Holdings, Inc. | -19,541 | -100.0% |
| GS | -19,425 | -91.9% |
| APP | -19,381 | -100.0% |
| NVDA | -16,292 | -18.3% |
| RDDT | -15,333 | -77.9% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
2,893,321
(49.8% of total reported value)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|