TIG Advisors

New York, NYfiles as TIG Advisors, LLC

$2.2bn in 100 US stocks at the end of 30 June 2026. The top 10 are 60.5% of the money. It changed about 42.1% of the portfolio this quarter.

Value

$2.2bn

Stocks

100

Top 10 share

60.5%

Turnover

42.1%

What changed this quarter

New

Bought for the first time this quarter.

Topbuild COR
7.7% of the fund
RokuROKU
4.5% of the fund
Bio-TechneTECH
2.7% of the fund
Apogee TherapeuticsAPGE
2.2% of the fund
Avanos MED
1.9% of the fund
NCR AtleosNATL
1.7% of the fund
ArcosaACA
1.6% of the fund
MGM Resorts InternationalMGM
1.3% of the fund
Taylor Morrison Home
1.0% of the fund
Payoneer GlobalPAYO
1.0% of the fund
OrganonOGN
0.9% of the fund
SynapticsSYNA
0.7% of the fund
Somnigroup InternationalSGI
0.5% of the fund
Beazer Homes USABZH
0.4% of the fund
Esperion Therapeutics INC NE
0.4% of the fund
Berto Acquisition Corp IIGUACU
0.4% of the fund
Nuvalent
0.4% of the fund
GlobalstarGSAT
0.3% of the fund
Drugs Made In America Acquisition IIDMII
0.2% of the fund
Iron Horse Acquisition IIIRHO
0.2% of the fund
American Drive AcquisitionADAC
0.2% of the fund
Launchpad Cadenza Acquisition Corp ILPCV
0.2% of the fund
MOZAYYX AcquisitionMZYX
0.2% of the fund
Aldabra 4 Liquidity Opportunity VehicleALOV
0.2% of the fund
Idea AcquisitionIACO
0.2% of the fund

Added

Bought more of a stock they already held.

Janus Henderson Group
4.8% of the fund
+5%
PenumbraPEN
3.1% of the fund
+258%
KenvueKVUE
3.0% of the fund
+95%
Chart Inds
2.9% of the fund
+83%
UnifirstUNF
2.2% of the fund
+55%
Caesars EntertainmentCZR
2.1% of the fund
+93%
Silicon LaboratoriesSLAB
1.7% of the fund
+18%
TransoceanRIG
0.9% of the fund
+60%
Olaplex Hldgs
0.3% of the fund
+14%
Papa Johns InternationalPZZA
0.1% of the fund
+720%
UWM HoldingsUWMC
<0.1% of the fund
+878%

Cut

Sold some of their stake.

Norfolk SouthernNSC
4.6% of the fund
-6%
Warner Bros. DiscoveryWBD
3.1% of the fund
-30%
Electronic ArtsEA
2.4% of the fund
-37%
DigitalBridge GroupDBRG
2.0% of the fund
-8%
QorvoQRVO
1.9% of the fund
-5%
Webster FinancialWBS
1.7% of the fund
-21%
SunococorpSUNC
1.2% of the fund
-52%
AESAES
0.9% of the fund
-25%
Atrium TherapeuticsRNA
0.3% of the fund
-8%
Paramount SkydancePSKY
0.2% of the fund
-34%
QXOQXO
0.1% of the fund
-62%
NetflixNFLX
<0.1% of the fund
-43%
Brighthouse FinancialBHF
<0.1% of the fund
-6%
TWO Harbors InvestmentTWO
<0.1% of the fund
-96%

Sold out

Sold their entire stake.

Clearwater Analytics Hldgs I
-100%
Hologic
-100%
Sealed Air Corp New
-100%
Arcellx
-100%
Amicus Therapeutics
-100%
Apellis Pharmaceuticals
-100%
Onestream
-100%
Air Lease
-100%
Terns Pharmaceuticals
-100%
Centessa Pharmaceuticals
-100%
Masimo
-100%
Mister CAR Wash
-100%
Select MED Hldgs
-100%
DAY One Biopharmaceuticals I
-100%
Great Lakes Dredge & DockGLDD
-100%
Veris Residential INC.com
-100%
TRI Pointe Homes
-100%
Kennedy-Wilson Holdings
-100%
Drugs Made IN Amer ACQ IIDMIIU
-100%
Launchpad Cadenza AcquLPCVU
-100%
American Drive Acquisition CADACU
-100%
Iron Horse Acquisit IIIRHOU
-100%
Aldabra 4 Lqdty OPP VEHALOVU
-100%
Mozayyx AcquisitionMZYX-U
-100%
Idea AcquisitionIACOU
-100%

Holdings

Spdr Series TrustSPYM
Share
24.2%
Value
$526m
Shares
5,976,701
Held
Topbuild COR
Share
7.7%
Value
$168m
Shares
395,094
New
Janus Henderson Group
Share
4.8%
Value
$104m
Shares
2,005,000
+5%
Norfolk SouthernNSC
Share
4.6%
Value
$100m
Shares
316,508
-6%
RokuROKU
Share
4.5%
Value
$98m
Shares
708,275
New
PenumbraPEN
Share
3.1%
Value
$68m
Shares
215,082
+258%
Warner Bros. DiscoveryWBD
Share
3.1%
Value
$67m
Shares
2,500,148
-30%
KenvueKVUE
Share
3.0%
Value
$64m
Shares
3,358,145
+95%
Chart Inds
Share
2.9%
Value
$63m
Shares
300,146
+83%
Bio-TechneTECH
Share
2.7%
Value
$60m
Shares
842,192
New
Electronic ArtsEA
Share
2.4%
Value
$53m
Shares
256,639
-37%
UnifirstUNF
Share
2.2%
Value
$48m
Shares
183,161
+55%
Apogee TherapeuticsAPGE
Share
2.2%
Value
$48m
Shares
364,250
New
Caesars EntertainmentCZR
Share
2.1%
Value
$45m
Shares
1,502,671
+93%
DigitalBridge GroupDBRG
Share
2.0%
Value
$44m
Shares
2,765,236
-8%
State STR Spdr S&P 500 ETF TSPY
Share
2.0%
Value
$43m
Shares
57,518
Held
QorvoQRVO
Share
1.9%
Value
$42m
Shares
445,314
-5%
Avanos MED
Share
1.9%
Value
$42m
Shares
1,668,329
New
Webster FinancialWBS
Share
1.7%
Value
$37m
Shares
488,638
-21%
Silicon LaboratoriesSLAB
Share
1.7%
Value
$37m
Shares
168,163
+18%
NCR AtleosNATL
Share
1.7%
Value
$36m
Shares
831,361
New
ArcosaACA
Share
1.6%
Value
$35m
Shares
239,765
New
MGM Resorts InternationalMGM
Share
1.3%
Value
$29m
Shares
606,338
New
SunococorpSUNC
Share
1.2%
Value
$27m
Shares
400,585
-52%
Teck ResourcesTECK
Share
1.2%
Value
$26m
Shares
438,954
Held
Taylor Morrison Home
Share
1.0%
Value
$22m
Shares
307,894
New
Payoneer GlobalPAYO
Share
1.0%
Value
$21m
Shares
2,935,174
New
AESAES
Share
0.9%
Value
$20m
Shares
1,353,238
-25%
TransoceanRIG
Share
0.9%
Value
$19m
Shares
3,981,919
+60%
OrganonOGN
Share
0.9%
Value
$19m
Shares
1,400,283
New
SynapticsSYNA
Share
0.7%
Value
$15m
Shares
119,857
New
Somnigroup InternationalSGI
Share
0.5%
Value
$11m
Shares
141,492
New
Beazer Homes USABZH
Share
0.4%
Value
$8m
Shares
296,510
New
Esperion Therapeutics INC NE
Share
0.4%
Value
$8m
Shares
2,587,840
New
Berto Acquisition Corp IIGUACU
Share
0.4%
Value
$8m
Shares
800,000
New
Nuvalent
Share
0.4%
Value
$8m
Shares
63,055
New
Atrium TherapeuticsRNA
Share
0.3%
Value
$8m
Shares
561,533
-8%
GlobalstarGSAT
Share
0.3%
Value
$8m
Shares
92,797
New
Oxley Bridge AcquisitionOBA
Share
0.3%
Value
$6m
Shares
601,704
Held
Olaplex Hldgs
Share
0.3%
Value
$6m
Shares
2,959,500
+14%
National Storage Affiliates
Share
0.2%
Value
$5m
Shares
115,793
Held
Drugs Made In America Acquisition IIDMII
Share
0.2%
Value
$5m
Shares
500,000
New
Iron Horse Acquisition IIIRHO
Share
0.2%
Value
$4m
Shares
400,000
New
American Drive AcquisitionADAC
Share
0.2%
Value
$4m
Shares
400,000
New
Launchpad Cadenza Acquisition Corp ILPCV
Share
0.2%
Value
$4m
Shares
400,000
New
MOZAYYX AcquisitionMZYX
Share
0.2%
Value
$3m
Shares
350,100
New
Aldabra 4 Liquidity Opportunity VehicleALOV
Share
0.2%
Value
$3m
Shares
350,000
New
Idea AcquisitionIACO
Share
0.2%
Value
$3m
Shares
350,000
New
Paramount SkydancePSKY
Share
0.2%
Value
$3m
Shares
341,165
-34%
LightWave AcquisitionLWAC
Share
0.1%
Value
$3m
Shares
315,406
Held
Axiom Intelligence Acquisition Corp 1AXIN
Share
0.1%
Value
$3m
Shares
300,001
Held
Papa Johns InternationalPZZA
Share
0.1%
Value
$3m
Shares
83,770
+720%
HCM IV AcquisitionHACQ
Share
0.1%
Value
$3m
Shares
250,100
New
NextEra EnergyNEE
Share
0.1%
Value
$3m
Shares
28,564
New
Evolution Global AcquisitionEVOX
Share
0.1%
Value
$2m
Shares
223,738
New
QXOQXO
Share
0.1%
Value
$2m
Shares
126,322
-62%
EGH AcquisitionEGHA
Share
<0.1%
Value
$2m
Shares
202,523
Held
T-Mobile USTMUS
Share
<0.1%
Value
$2m
Shares
11,098
New
FIGX Capital AcquisitionFIGX
Share
<0.1%
Value
$2m
Shares
150,000
Held
Pioneer Acquisition IPACH
Share
<0.1%
Value
$2m
Shares
150,000
Held
Highview MergerHVMC
Share
<0.1%
Value
$2m
Shares
150,000
Held
Biolife SolutionsBLFS
Share
<0.1%
Value
$2m
Shares
53,611
New
ShutterstockSSTK
Share
<0.1%
Value
$1m
Shares
84,269
New
GFL EnvironmentalGFL
Share
<0.1%
Value
$1m
Shares
29,705
New
M3-Brigade Acquisition VIMBVI
Share
<0.1%
Value
$1m
Shares
100,000
Held
NetflixNFLX
Share
<0.1%
Value
$1m
Shares
14,144
-43%
Meshflow AcquisitionMESH
Share
<0.1%
Value
$1m
Shares
100,000
New
Bluerock AcquisitionBLRK
Share
<0.1%
Value
$998,000
Shares
100,000
New
ITHAX Acquisition Corp IIIITHA
Share
<0.1%
Value
$998,000
Shares
100,000
New
Brighthouse FinancialBHF
Share
<0.1%
Value
$889,048
Shares
14,045
-6%
Cantor Equity Partners VICEPS
Share
<0.1%
Value
$777,750
Shares
75,000
Held
TWO Harbors InvestmentTWO
Share
<0.1%
Value
$765,449
Shares
61,680
-96%
Cantor Equity Partners IVCEPF
Share
<0.1%
Value
$736,029
Shares
70,772
Held
UWM HoldingsUWMC
Share
<0.1%
Value
$560,070
Shares
244,572
+878%
Kimberly-ClarkKMB
Share
<0.1%
Value
$548,850
Shares
5,000
New
Carlisle CompaniesCSL
Share
<0.1%
Value
$544,125
Shares
1,500
New
Cantor Equity Partners VCEPV
Share
<0.1%
Value
$515,625
Shares
50,000
Held
Trailblazer AcquisitionBLZR
Share
<0.1%
Value
$506,000
Shares
50,000
Held
Owens CorningOC
Share
<0.1%
Value
$476,880
Shares
3,000
New
FutureCrest AcquisitionFCRS
Share
<0.1%
Value
$257,500
Shares
25,000
New
FoxFOXA
Share
<0.1%
Value
$244,996
Shares
4,697
New
1RT AcquisitionONCH
Share
<0.1%
Value
$102,500
Shares
10,000
Held
American Drive Acquisition CADACW
Share
<0.1%
Value
$83,998
Shares
133,330
New
Iron Horse Acquisition IIIRHOR
Share
<0.1%
Value
$64,320
Shares
400,000
New
Mozayyx AcquisitionMZYX-WS
Share
<0.1%
Value
$61,485
Shares
87,523
New
Aldabra 4 Lqdty OPP VEHALOVW
Share
<0.1%
Value
$55,998
Shares
116,662
New
Launchpad Cadenza AcquLPCVW
Share
<0.1%
Value
$46,665
Shares
133,330
New
Evolution Global AcquisitionEVOXW
Share
<0.1%
Value
$44,188
Shares
111,867
New
Drugs Made IN Amer ACQ IIDMIIR
Share
<0.1%
Value
$40,000
Shares
500,000
New
Idea AcquisitionIACOW
Share
<0.1%
Value
$39,666
Shares
116,665
New
HCM IV AcquisitionHACQW
Share
<0.1%
Value
$33,762
Shares
62,523
New
Oxley Bridge ACQOBAWW
Share
<0.1%
Value
$29,301
Shares
137,500
Held
Highview MergerHVMCW
Share
<0.1%
Value
$26,250
Shares
74,999
Held
Figx CAP AcquisitionFIGXW
Share
<0.1%
Value
$21,000
Shares
74,999
Held
Pioneer Acquisition IPACHW
Share
<0.1%
Value
$16,177
Shares
74,999
Held
M3-Brigade Acquisition VIMBVIW
Share
<0.1%
Value
$13,332
Shares
33,330
Held
Ithax Acquisition Corp IIIITHAW
Share
<0.1%
Value
$12,000
Shares
49,998
New
Bluerock AcquisitionBLRKW
Share
<0.1%
Value
$11,666
Shares
33,331
New
Meshflow AcquisitionMESHW
Share
<0.1%
Value
$9,999
Shares
33,331
New
Trailblazer AcquisitionBLZRW
Share
<0.1%
Value
$6,682
Shares
16,663
Held

Company	Share of fund	Value	Shares	Change
Spdr Series TrustSPYM	24.2%	$526m	5,976,701	Held
Topbuild COR	7.7%	$168m	395,094	New
Janus Henderson Group	4.8%	$104m	2,005,000	+5%
Norfolk SouthernNSC	4.6%	$100m	316,508	-6%
RokuROKU	4.5%	$98m	708,275	New
PenumbraPEN	3.1%	$68m	215,082	+258%
Warner Bros. DiscoveryWBD	3.1%	$67m	2,500,148	-30%
KenvueKVUE	3.0%	$64m	3,358,145	+95%
Chart Inds	2.9%	$63m	300,146	+83%
Bio-TechneTECH	2.7%	$60m	842,192	New
Electronic ArtsEA	2.4%	$53m	256,639	-37%
UnifirstUNF	2.2%	$48m	183,161	+55%
Apogee TherapeuticsAPGE	2.2%	$48m	364,250	New
Caesars EntertainmentCZR	2.1%	$45m	1,502,671	+93%
DigitalBridge GroupDBRG	2.0%	$44m	2,765,236	-8%
State STR Spdr S&P 500 ETF TSPY	2.0%	$43m	57,518	Held
QorvoQRVO	1.9%	$42m	445,314	-5%
Avanos MED	1.9%	$42m	1,668,329	New
Webster FinancialWBS	1.7%	$37m	488,638	-21%
Silicon LaboratoriesSLAB	1.7%	$37m	168,163	+18%
NCR AtleosNATL	1.7%	$36m	831,361	New
ArcosaACA	1.6%	$35m	239,765	New
MGM Resorts InternationalMGM	1.3%	$29m	606,338	New
SunococorpSUNC	1.2%	$27m	400,585	-52%
Teck ResourcesTECK	1.2%	$26m	438,954	Held
Taylor Morrison Home	1.0%	$22m	307,894	New
Payoneer GlobalPAYO	1.0%	$21m	2,935,174	New
AESAES	0.9%	$20m	1,353,238	-25%
TransoceanRIG	0.9%	$19m	3,981,919	+60%
OrganonOGN	0.9%	$19m	1,400,283	New
SynapticsSYNA	0.7%	$15m	119,857	New
Somnigroup InternationalSGI	0.5%	$11m	141,492	New
Beazer Homes USABZH	0.4%	$8m	296,510	New
Esperion Therapeutics INC NE	0.4%	$8m	2,587,840	New
Berto Acquisition Corp IIGUACU	0.4%	$8m	800,000	New
Nuvalent	0.4%	$8m	63,055	New
Atrium TherapeuticsRNA	0.3%	$8m	561,533	-8%
GlobalstarGSAT	0.3%	$8m	92,797	New
Oxley Bridge AcquisitionOBA	0.3%	$6m	601,704	Held
Olaplex Hldgs	0.3%	$6m	2,959,500	+14%
National Storage Affiliates	0.2%	$5m	115,793	Held
Drugs Made In America Acquisition IIDMII	0.2%	$5m	500,000	New
Iron Horse Acquisition IIIRHO	0.2%	$4m	400,000	New
American Drive AcquisitionADAC	0.2%	$4m	400,000	New
Launchpad Cadenza Acquisition Corp ILPCV	0.2%	$4m	400,000	New
MOZAYYX AcquisitionMZYX	0.2%	$3m	350,100	New
Aldabra 4 Liquidity Opportunity VehicleALOV	0.2%	$3m	350,000	New
Idea AcquisitionIACO	0.2%	$3m	350,000	New
Paramount SkydancePSKY	0.2%	$3m	341,165	-34%
LightWave AcquisitionLWAC	0.1%	$3m	315,406	Held
Axiom Intelligence Acquisition Corp 1AXIN	0.1%	$3m	300,001	Held
Papa Johns InternationalPZZA	0.1%	$3m	83,770	+720%
HCM IV AcquisitionHACQ	0.1%	$3m	250,100	New
NextEra EnergyNEE	0.1%	$3m	28,564	New
Evolution Global AcquisitionEVOX	0.1%	$2m	223,738	New
QXOQXO	0.1%	$2m	126,322	-62%
EGH AcquisitionEGHA	<0.1%	$2m	202,523	Held
T-Mobile USTMUS	<0.1%	$2m	11,098	New
FIGX Capital AcquisitionFIGX	<0.1%	$2m	150,000	Held
Pioneer Acquisition IPACH	<0.1%	$2m	150,000	Held
Highview MergerHVMC	<0.1%	$2m	150,000	Held
Biolife SolutionsBLFS	<0.1%	$2m	53,611	New
ShutterstockSSTK	<0.1%	$1m	84,269	New
GFL EnvironmentalGFL	<0.1%	$1m	29,705	New
M3-Brigade Acquisition VIMBVI	<0.1%	$1m	100,000	Held
NetflixNFLX	<0.1%	$1m	14,144	-43%
Meshflow AcquisitionMESH	<0.1%	$1m	100,000	New
Bluerock AcquisitionBLRK	<0.1%	$998,000	100,000	New
ITHAX Acquisition Corp IIIITHA	<0.1%	$998,000	100,000	New
Brighthouse FinancialBHF	<0.1%	$889,048	14,045	-6%
Cantor Equity Partners VICEPS	<0.1%	$777,750	75,000	Held
TWO Harbors InvestmentTWO	<0.1%	$765,449	61,680	-96%
Cantor Equity Partners IVCEPF	<0.1%	$736,029	70,772	Held
UWM HoldingsUWMC	<0.1%	$560,070	244,572	+878%
Kimberly-ClarkKMB	<0.1%	$548,850	5,000	New
Carlisle CompaniesCSL	<0.1%	$544,125	1,500	New
Cantor Equity Partners VCEPV	<0.1%	$515,625	50,000	Held
Trailblazer AcquisitionBLZR	<0.1%	$506,000	50,000	Held
Owens CorningOC	<0.1%	$476,880	3,000	New
FutureCrest AcquisitionFCRS	<0.1%	$257,500	25,000	New
FoxFOXA	<0.1%	$244,996	4,697	New
1RT AcquisitionONCH	<0.1%	$102,500	10,000	Held
American Drive Acquisition CADACW	<0.1%	$83,998	133,330	New
Iron Horse Acquisition IIIRHOR	<0.1%	$64,320	400,000	New
Mozayyx AcquisitionMZYX-WS	<0.1%	$61,485	87,523	New
Aldabra 4 Lqdty OPP VEHALOVW	<0.1%	$55,998	116,662	New
Launchpad Cadenza AcquLPCVW	<0.1%	$46,665	133,330	New
Evolution Global AcquisitionEVOXW	<0.1%	$44,188	111,867	New
Drugs Made IN Amer ACQ IIDMIIR	<0.1%	$40,000	500,000	New
Idea AcquisitionIACOW	<0.1%	$39,666	116,665	New
HCM IV AcquisitionHACQW	<0.1%	$33,762	62,523	New
Oxley Bridge ACQOBAWW	<0.1%	$29,301	137,500	Held
Highview MergerHVMCW	<0.1%	$26,250	74,999	Held
Figx CAP AcquisitionFIGXW	<0.1%	$21,000	74,999	Held
Pioneer Acquisition IPACHW	<0.1%	$16,177	74,999	Held
M3-Brigade Acquisition VIMBVIW	<0.1%	$13,332	33,330	Held
Ithax Acquisition Corp IIIITHAW	<0.1%	$12,000	49,998	New
Bluerock AcquisitionBLRKW	<0.1%	$11,666	33,331	New
Meshflow AcquisitionMESHW	<0.1%	$9,999	33,331	New
Trailblazer AcquisitionBLZRW	<0.1%	$6,682	16,663	Held

Options (9)

Warner Bros. DiscoveryWBD
Type
Put
Value
$36m
Contracts
1,366,900
Warner Bros. DiscoveryWBD
Type
Call
Value
$14m
Contracts
520,800
Iridium CommunicationsIRDM
Type
Call
Value
$9m
Contracts
168,600
FoxFOXA
Type
Call
Value
$8m
Contracts
160,800
QXOQXO
Type
Call
Value
$6m
Contracts
339,700
MGM Resorts InternationalMGM
Type
Put
Value
$3m
Contracts
70,700
Crown CastleCCI
Type
Call
Value
$3m
Contracts
35,000
Electronic ArtsEA
Type
Put
Value
$2m
Contracts
11,700
Paramount SkydancePSKY
Type
Call
Value
$295,800
Contracts
30,000

Company	Type	Value	Contracts
Warner Bros. DiscoveryWBD	Put	$36m	1,366,900
Warner Bros. DiscoveryWBD	Call	$14m	520,800
Iridium CommunicationsIRDM	Call	$9m	168,600
FoxFOXA	Call	$8m	160,800
QXOQXO	Call	$6m	339,700
MGM Resorts InternationalMGM	Put	$3m	70,700
Crown CastleCCI	Call	$3m	35,000
Electronic ArtsEA	Put	$2m	11,700
Paramount SkydancePSKY	Call	$295,800	30,000

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 18.7% since 30 June 2025.

Where the money is

Technology9.6%

Health care9.4%

Media & telecom8.2%

Retail & consumer6.7%

Industrials6.3%

Financial services6.3%

Everyday goods3.0%

Materials1.2%

Utilities1.1%

Energy0.9%

Real estate0.0%

Other47.4%

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.