Taconic Capital Advisors LP
NEW YORK, NY
$166m in 11 US stocks at the end of 30 June 2026. The top 10 are 99.6% of the money. It changed about 34.5% of the portfolio this quarter.
Value
$166m
Stocks
11
Top 10 share
99.6%
Turnover
34.5%
What changed this quarter
New
Bought for the first time this quarter.
- Topbuild COR18.5% of the fund
- Janus Henderson Group7.8% of the fund
- Azul S AAZUL2.4% of the fund
- Cinemark HoldingsCNK0.4% of the fund
Added
Bought more of a stock they already held.
- EchoStarECHO10.5% of the fund+25%
- Global Net LeaseGNL7.2% of the fund+7%
- Optimum CommunicationsOPTU2.0% of the fund+236%
Cut
Sold some of their stake.
- ViasatVSAT5.0% of the fund-48%
- Compass Diversified HoldingsCODI0.6% of the fund-47%
Sold out
Sold their entire stake.
- Hologic-100%
- Onestream-100%
- Masimo-100%
- QiagenQGEN-100%
- Axalta Coating SystemsAXTA-100%
- Ceco EnvironmentalCECO-100%
Holdings
- Topbuild COR
- Share
- 18.5%
- Value
- $31m
- Shares
- 72,222
New
- Janus Henderson Group
- Share
- 7.8%
- Value
- $13m
- Shares
- 250,000
New
- Azul S AAZUL
- Share
- 2.4%
- Value
- $4m
- Shares
- 433,176
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Bristow GroupVTOL | 26.4% | $44m | 1,061,652 | Held |
| CBL & Associates PropertiesCBL | 19.1% | $32m | 598,332 | Held |
| Topbuild COR | 18.5% | $31m | 72,222 | New |
| EchoStarECHO | 10.5% | $17m | 170,915 | +25% |
| Janus Henderson Group | 7.8% | $13m | 250,000 | New |
| Global Net LeaseGNL | 7.2% | $12m | 1,330,986 | +7% |
| ViasatVSAT | 5.0% | $8m | 93,298 | -48% |
| Azul S AAZUL | 2.4% | $4m | 433,176 | New |
| Optimum CommunicationsOPTU | 2.0% | $3m | 2,271,365 | +236% |
| Compass Diversified HoldingsCODI | 0.6% | $1m | 97,127 | -47% |
| Cinemark HoldingsCNK | 0.4% | $698,060 | 22,000 | New |
Options (3)
- Ishares TR
- Type
- Put
- Value
- $27m
- Contracts
- 90,000
- Select Sector Spdr TR
- Type
- Put
- Value
- $18m
- Contracts
- 400,000
- Echostar
- Type
- Call
- Value
- $1m
- Contracts
- 10,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Ishares TR | Put | $27m | 90,000 |
| Select Sector Spdr TR | Put | $18m | 400,000 |
| Echostar | Call | $1m | 10,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 80.8% since 30 June 2025.
Where the money is
Industrials26.4%
Real estate26.3%
Media & telecom17.9%
Retail & consumer0.6%
Other28.7%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.