Caxton Associates LP
Caxton Associates LP, managed by Andrew Law, reported 728 positions worth $5.32B in its 2026 Q2 13F filing: 247 new and 271 closed.
Estimated return
Since 2025 Q2 the disclosed positions returned an estimated +57.3% against +34.4% for the S&P 500. Price-only return of the fund's top 100 US longs at each quarter start, vs the S&P 500 over the same windows. Not the fund's actual return (no trades, fees, shorts, derivatives, cash).
| Quarter | Fund | S&P 500 |
|---|---|---|
| 2025 Q2 | +12.2% | +11.4% |
| 2025 Q3 | +20.8% | +7.6% |
| 2025 Q4 | +2.0% | +3.1% |
| 2026 Q1 | -2.7% | -5.8% |
| 2026 Q2 | +16.9% | +15.5% |
Top holdings, 2026 Q2
| Ticker | Company | Value | Portfolio % | Change |
|---|---|---|---|---|
| WBD | WARNER BROS DISCOVERY INC | $517.82M | 9.70% | +18.5% |
| AAPL | APPLE INC | $388.88M | 7.30% | +159.6% |
| MSFT | MICROSOFT CORP | $377.04M | 7.10% | -21.9% |
| NSC | NORFOLK SOUTHN CORP | $328.24M | 6.20% | +208.6% |
| AMZN | AMAZON COM INC | $321.33M | 6.00% | +38.8% |
| AMD | ADVANCED MICRO DEVICES INC | $266.60M | 5.00% | -63.1% |
| XLE | SELECT SECTOR SPDR TR | $235.42M | 4.40% | NEW |
| BP | BP PLC | $215.82M | 4.10% | NEW |
| NVDA | NVIDIA CORPORATION | $204.26M | 3.80% | -60.3% |
| GOOGL | ALPHABET INC | $134.14M | 2.50% | +3098.4% |
| BAC | BANK OF AMER CORP | $115.16M | 2.20% | +7760.1% |
| MP | MP MATERIALS CORP | $111.57M | 2.10% | +32602.3% |
| LRCX | LAM RESEARCH CORP | $102.48M | 1.90% | +2431.8% |
| SNDK | SANDISK CORP | $87.06M | 1.60% | NEW |
| TECK | TECK RESOURCES LTD | $79.64M | 1.50% | -14.4% |
| KVUE | KENVUE INC | $60.06M | 1.10% | -6% |
| CIEN | CIENA CORP | $57.85M | 1.10% | NEW |
| PEN | PENUMBRA INC | $56.64M | 1.10% | -2.9% |
| WBS | WEBSTER FINL CORP | $52.50M | 0.99% | +0.9% |
| BLD | TOPBUILD COR | $48.83M | 0.92% | +3877.4% |
| EA | ELECTRONIC ARTS INC | $46.96M | 0.88% | -29% |
| TXN | TEXAS INSTRS INC | $36.17M | 0.68% | +4312.5% |
| UEC | URANIUM ENERGY CORP | $35.30M | 0.66% | -1.9% |
| ON | ON SEMICONDUCTOR CORP | $30.73M | 0.58% | +3962.5% |
| CCJ | CAMECO CORP | $26.74M | 0.50% | NO CHANGE |
| CMG | CHIPOTLE MEXICAN GRILL INC | $24.11M | 0.45% | -27.8% |
| NWE | NORTHWESTERN ENERGY GROUP IN | $22.36M | 0.42% | -52.5% |
| TXNM | TXNM ENERGY INC | $21.14M | 0.40% | -46.5% |
| MU | MICRON TECHNOLOGY INC | $16.72M | 0.31% | -1.5% |
| CME | CME GROUP INC | $15.70M | 0.29% | +18.5% |
| DINO | HF SINCLAIR CORP | $15.03M | 0.28% | +182.2% |
| LBRDK | LIBERTY BROADBAND CORP | $14.87M | 0.28% | NO CHANGE |
| MPC | MARATHON PETE CORP | $12.82M | 0.24% | NEW |
| TTWO | TAKE-TWO INTERACTIVE SOFTWAR | $11.91M | 0.22% | +560.7% |
| GSAT | GLOBALSTAR INC | $10.79M | 0.20% | NEW |
| TRGP | TARGA RES CORP | $9.82M | 0.18% | NEW |
| INTU | INTUIT | $9.70M | 0.18% | +70.7% |
| AMAT | APPLIED MATLS INC | $9.37M | 0.18% | +146.3% |
| KNTK | KINETIK HOLDINGS INC | $9.34M | 0.18% | NEW |
| AM | ANTERO MIDSTREAM CORP | $8.99M | 0.17% | NEW |
| PGNY | PROGYNY INC | $8.46M | 0.16% | NEW |
| ZTS | ZOETIS INC | $8.11M | 0.15% | +130.8% |
| APH | AMPHENOL CORP | $7.75M | 0.15% | +1.2% |
| FTNT | FORTINET INC | $7.66M | 0.14% | +53.6% |
| NWL | NEWELL BRANDS INC | $7.53M | 0.14% | NEW |
| LQDA | LIQUIDIA CORPORATION | $7.39M | 0.14% | -20.9% |
| WERN | WERNER ENTERPRISES INC | $7.24M | 0.14% | +117.1% |
| TSCO | TRACTOR SUPPLY CO | $7.17M | 0.13% | NEW |
| KGS | KODIAK GAS SVCS INC | $7.16M | 0.13% | +428.8% |
| CNC | CENTENE CORP DEL | $7.15M | 0.13% | NEW |
All funds · Hedge Fund Tracker
Source: SEC EDGAR 13F filings, reported as of quarter end and filed up to 45 days later. Not investment advice.