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Livermore
Livermore
ZHEN

Magnetar Financial LLC

SEC CIK
0001352851
Latest filing
Aug 14, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Nov 13, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
851
−18 vs. Q2 2025
Portfolio value
$16.5B
−$4.16B (−20.1%) vs. Q2 2025
Filed
Nov 13, 2025
SEC
Holdings of Magnetar Financial LLC in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
CRWVCoreWeave, Inc.Stock81,983,325$11.2B68.1%−13,834,923−14.4%ReducedHistory
Alibaba Group Hldg Ltd01609WBG6NOTE 0.500% 6/0–$120.8M0.7%–––
NSCNorfolk Southern CorpStock358,330$107.6M0.7%+358,330NewHistory
Cyberark Software LtdM2682V108SHS211,240$102.1M0.6%+211,240New–
ALSumisho Air Lease CorpCL A1,579,485$100.5M0.6%+1,579,485NewHistory
MRUSMerus N.V.COM1,045,209$98.4M0.6%+1,045,209NewHistory
TXNMTXNM Energy IncCOM1,689,221$95.5M0.6%+39,139+2.4%AddedHistory
KKellanovaStock1,143,169$93.8M0.6%+26,420+2.4%AddedHistory
AVDXAvidXchange Holdings, Inc.COM8,466,957$84.2M0.5%+19,049+0.2%AddedHistory
TGNATegna IncCOM4,140,181$84.2M0.5%+4,078,275+6,587.9%AddedHistory
WNSWNS (Holdings) LtdCOM SHS1,098,809$83.8M0.5%+1,098,809NewHistory
IPGInterpublic Group of Companies, Inc.COM2,987,340$83.4M0.5%+40,211+1.4%AddedHistory
FYBRFrontier Communications Parent, Inc.COM2,229,089$83.3M0.5%+50,640+2.3%AddedHistory
COOPMaverick Merger Sub 2, LLCCOM389,877$82.2M0.5%+8,911+2.3%AddedHistory
GTLSChart Industries IncCOM382,078$76.5M0.5%+382,078NewHistory
Trip.com Group Ltd89677QAB3NOTE 0.750% 6/1–$75.6M0.5%–––
PRAProassurance CorpCOM3,026,173$72.6M0.4%+69,365+2.3%AddedHistory
VRNAVerona Pharma plcSPONSORED ADS628,260$67.0M0.4%+628,260NewHistory
SCSSteelcase IncCL A3,452,916$59.4M0.4%+3,452,916NewHistory
JD.com, Inc.47215PAJ5NOTE 0.250% 6/0–$58.3M0.4%–––
PG&E Corp69331CAL2NOTE 4.250%12/0–$53.2M0.3%–––
DAYDayforce, Inc.COM759,407$52.3M0.3%+759,407NewHistory
FOUR.PAShift4 Payments, Inc.6 SER A CNV PREF535,000$50.8M0.3%+485,000+970.0%AddedHistory
LBRDKLiberty Broadband CorpCOM SER C731,342$46.5M0.3%+17,372+2.4%AddedHistory
TRMLTourmaline Bio, Inc.COM966,129$46.2M0.3%+966,129NewHistory
Northern Oil & Gas, Inc.665531AJ8NOTE 3.625% 4/1–$45.4M0.3%–––
Aspen Insurance Holdings LtdG05384501ORD SHS CL A1,218,999$44.7M0.3%+1,218,999New–
Dexcom Inc252131AM9NOTE 0.375% 5/1–$44.4M0.3%–––
CMS Energy Corp125896BX7NOTE 3.375% 5/0–$43.5M0.3%–––
Duke Energy CORP26441CBY0NOTE 4.125% 4/1–$42.3M0.3%–––
SPRSpirit AeroSystems Holdings, Inc.COM CL A1,083,026$41.8M0.3%+15,558+1.5%AddedHistory
CTLPCantaloupe, Inc.COM3,642,669$38.5M0.2%+385,074+11.8%AddedHistory
ARES.PBAres Management Corp6.75 SE B PFD757,250$37.8M0.2%+297,250+64.6%AddedHistory
Super Micro Computer, Inc.86800UAB0NOTE 3.500% 3/0–$37.4M0.2%–––
TECKTeck Resources LtdCL B831,314$36.5M0.2%+734,221+756.2%AddedHistory
CCRNCross Country Healthcare IncCOM2,474,331$35.1M0.2%00.0%UnchangedHistory
FTWPresidio Production CoCL A ORD SHS3,370,168$35.0M0.2%−60,182−1.8%ReducedHistory
Airbnb, Inc.009066AB7NOTE 3/1–$33.8M0.2%–––
STAAStaar Surgical CoCOM PAR $0.011,204,371$32.4M0.2%+1,204,371NewHistory
Wayfair Inc.94419LAR2NOTE 3.500%11/1–$29.5M0.2%–––
Sandstorm Gold Ltd Com New80013R206Stock2,175,460$27.2M0.2%+2,175,460New–
JetBlue Airways Corp477143AR2NOTE 2.500% 9/0–$27.0M0.2%–New–
DMIIUDrugs Made In America Acquisition II Corp.UNIT 09/16/20302,700,000$26.9M0.2%+2,700,000NewHistory
IMXIInternational Money Express, Inc.COM1,871,975$26.2M0.2%+1,821,116+3,580.7%AddedHistory
WHLRLWheeler Real Estate Investment Trust, Inc.7% SR NT 31190,823$25.9M0.2%00.0%UnchangedHistory
Eqv Ventures Ac Corp. IIG3106Q110UNIT 06/30/20322,500,000$25.0M0.2%+2,500,000New–
RPTRithm Property Trust Inc.COM9,834,208$24.8M0.2%00.0%UnchangedHistory
Rivian Automotive, Inc.76954AAD5NOTE 3.625%10/1–$24.7M0.2%–––
HBIHanesbrands Inc.COM3,450,672$22.7M0.1%+3,450,672NewHistory
Voyager Acquisition CorpG93A7H104CL A2,156,220$22.6M0.1%00.0%Unchanged–
Alliant Energy Corp018802AC2NOTE 3.875% 3/1–$22.6M0.1%–––
TACHTitan Acquisition Corp.CL A2,200,000$22.3M0.1%00.0%UnchangedHistory
HOUSAnywhere Real Estate Inc.COM2,046,224$21.7M0.1%+2,046,224NewHistory
PHLTPerformant Healthcare IncCOM2,768,559$21.4M0.1%+2,768,559NewHistory
LPBBLaunch Two Acquisition Corp.ORD SHS CL A1,980,000$20.7M0.1%00.0%UnchangedHistory
AMWDAmerican Woodmark CorpCOM309,541$20.7M0.1%+309,541NewHistory
LPAALaunch One Acquisition Corp.SHS CLASS A1,945,196$20.5M0.1%00.0%UnchangedHistory
SIMASIM Acquisition Corp. ISHS CL A1,945,196$20.4M0.1%00.0%UnchangedHistory
RACRithm Acquisition Corp.COM1,980,000$20.3M0.1%00.0%UnchangedHistory
CUBLionheart HoldingsSHS CL A1,910,254$20.1M0.1%00.0%UnchangedHistory
ALDFAldel Financial II Inc.CL A1,899,098$19.8M0.1%00.0%UnchangedHistory
Mountain Lake Acquisition Corp.G6301B101SHS CL A1,900,000$19.6M0.1%00.0%Unchanged–
ALFCenturion Acquisition Corp.SHS CL A1,856,250$19.6M0.1%00.0%UnchangedHistory
Churchill Capital Corp IX/CaymanG21301109CL A SHS1,862,982$19.5M0.1%−119,774−6.0%Reduced–
KCHVKochav Defense Acquisition Corp.SHS CL A1,900,000$19.1M0.1%+1,900,000NewHistory
INFQInfleqtion, Inc.SHS CL A1,452,152$18.7M0.1%+1,452,152NewHistory
VNMEUVendome Acquisition Corp IUNIT 06/20/20301,850,000$18.5M0.1%+1,850,000NewHistory
VCICOdysseus (Cayman) LtdORD SHS CL A1,723,500$18.5M0.1%−76,500−4.3%ReducedHistory
SOULSoulpower Acquisition Corp.USD CL A ORD SHS1,750,000$18.4M0.1%+1,750,000NewHistory
SHCOSoho House & Co Inc.COM CL A2,056,358$18.2M0.1%+2,056,358NewHistory
Teamshares IncG5509P102CL A SHS1,750,000$17.8M0.1%00.0%Unchanged–
NPACNew Providence Acquisition Corp. III/CaymanCOM1,749,990$17.8M0.1%00.0%UnchangedHistory
SDHISiddhi Acquisition Corp (Cayman Islands)CL A SHS1,750,000$17.8M0.1%00.0%UnchangedHistory
SZZLSizzle Acquisition Corp. IIUSD CL A ORD SHS1,750,000$17.7M0.1%00.0%UnchangedHistory
Apollo Global Mgmt Inc03769M304SER A MAND CNV250,000$17.6M0.1%00.0%Unchanged–
NEE.PSNextera Energy IncUNIT 06/01/2027350,000$17.5M0.1%00.0%UnchangedHistory
TACOBerto Acquisition Corp.COM1,650,000$17.2M0.1%00.0%UnchangedHistory
HPE.PCHewlett Packard Enterprise Co7.625 MAND CONV250,000$17.0M0.1%00.0%UnchangedHistory
TONTGraf Global Corp.ORD SHS CL A1,613,354$17.0M0.1%00.0%UnchangedHistory
VLOSVelos Acquisition I Corp.CL A1,469,016$15.5M0.1%−648,272−30.6%ReducedHistory
PMTRPerimeter Acquisition Corp. ICOM CL A1,500,000$15.4M0.1%00.0%UnchangedHistory
FERAFifth Era Acquisition Corp IORD SHS CL A1,500,000$15.3M0.1%00.0%UnchangedHistory
NTWONewbury Street II Acquisition CorpORD SHS CL A1,450,000$15.0M0.1%00.0%UnchangedHistory
TVATexas Ventures Acquisition III CorpCOM1,400,000$15.0M0.1%+1,400,000NewHistory
BLUWBlue Water Acquisition Corp. IIIORD SHS CL A1,500,000$15.0M0.1%+1,500,000NewHistory
Coinbase Global, Inc.19260QAF4NOTE 0.250% 4/0–$14.7M0.1%–––
POLEAndretti Acquisition Corp. IIUNIT 99/99/99991,400,000$14.7M0.1%00.0%UnchangedHistory
Uber Technologies, Inc90353TAJ9NOTE 12/1–$14.6M0.1%–––
Akamai Technologies Inc00971TAL5NOTE 0.375% 9/0–$14.4M0.1%–––
Willow Lane Acquisition Corp.G9675P102ORD SHS CL A1,196,895$13.9M0.1%−53,105−4.2%Reduced–
Ford MTR Co Del345370CZ1NOTE 3/1–$13.7M0.1%–––
TDACTranslational Development Acquisition Corp.COM CL A1,300,000$13.5M0.1%00.0%UnchangedHistory
SVCCStellar V Capital Corp. (Cayman Islands)SHS CL A1,300,000$13.4M0.1%00.0%UnchangedHistory
ATIIArchimedes Tech SPAC Partners II Co.COM1,300,000$13.3M0.1%00.0%UnchangedHistory
OYSEOyster Enterprises II Acquisition CorpORD SHS CL A1,300,000$13.0M0.1%+1,300,000NewHistory
KFIIK&F Growth Acquisition Corp. IISHS CL A1,250,000$12.8M0.1%00.0%UnchangedHistory
NHICNewHold Investment Corp. IIIORD SHS CL A1,250,000$12.7M0.1%00.0%UnchangedHistory
GSRFUGSR IV Acquisition Corp.UNIT 08/22/20301,250,000$12.7M0.1%+1,250,000NewHistory
OBAWUOxley Bridge Acquisition LtdUNIT 06/17/20301,250,000$12.6M0.1%00.0%UnchangedHistory
AEXAAmerican Exceptionalism Acquisition Corp. AORD CL A1,100,000$12.0M0.1%+1,100,000NewHistory

Options (2)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Magnetar Financial LLC in Q3 2025
SecurityClassPutsCalls
iShares Tr464288513IBOXX HI YD ETF$15.8M–
iShares Russell 2000 ETF464287655ETF$9.68M–

Sold out since Q2 2025 (421)

Positions held at the end of Q2 2025 that are gone from this filing.

The largest 100 of 421 by value last quarter.

Positions of Magnetar Financial LLC sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
DNBDun & Bradstreet Holdings, Inc.COM10,636,170$96.7M0.5%History
SWTXSpringWorks Therapeutics, Inc.COM2,052,642$96.5M0.5%History
BPMCBlueprint Medicines CorpCOM730,047$93.6M0.5%History
SKXSkechers USA IncCL A1,416,775$89.4M0.4%History
ANSSAnsys IncCOM251,751$88.4M0.4%History
JNPRJuniper Networks IncCOM2,099,555$83.8M0.4%History
AZEKAZEK Co Inc.CL A1,479,488$80.4M0.4%History
CHXChampionX CorpCOM2,765,396$68.7M0.3%History
FAROFaro Technologies IncCOM1,483,329$65.1M0.3%History
AMEDAmedisys IncCOM644,894$63.5M0.3%History
ETWOE2open Parent Holdings, Inc.COM CL A19,058,482$61.6M0.3%History
RDUSRadius Recycling, Inc.CL A1,637,146$48.6M0.2%History
RDFNRedfin CorpCOM4,252,556$47.6M0.2%History
SPTNSpartanNash CoCOM1,065,628$28.2M0.1%History
NCL Corp Ltd62886HBD2NOTE 1.125% 2/1–$24.8M0.1%–
Infleqtion, Inc.G2130T124UNIT 05/14/20302,000,000$20.6M0.1%–
Shopify Inc.82509LAA5NOTE 0.125%11/0–$20.4M0.1%–
KCHVUKochav Defense Acquisition Corp.UNIT 05/21/20301,900,000$19.3M0.1%History
Chart Inds Inc16115Q4076.75DP CNV PFD B310,000$18.9M0.1%–
Soulpower Acquisition Corp.G82745129UNIT 99/99/99991,750,000$18.1M0.1%–
Sea Ltd81141RAF7NOTE 2.375%12/0–$17.7M0.1%–
BLUWUBlue Water Acquisition Corp. IIIUNIT 05/23/20301,500,000$15.0M0.1%History
TVACUTexas Ventures Acquisition III CorpUNIT 99/99/99991,400,000$14.4M0.1%History
OYSEUOyster Enterprises II Acquisition CorpUNIT 05/22/20301,300,000$13.2M0.1%History
BACCUBlue Acquisition Corp/CaymanUNIT 06/02/20301,200,000$12.0M0.1%History
Wayfair Inc.94419LAP6NOTE 3.250% 9/1–$11.4M0.1%–
BRDGBridge Investment Group Holdings Inc.COM CL A1,117,825$11.2M0.1%History
INTUIntuit Inc.Stock13,599$10.7M0.1%History
Bloom Energy Corp093712AK3NOTE 3.000% 6/0–$10.2M<0.1%–
ROSTRoss Stores, Inc.COM78,459$10.0M<0.1%History
ITGartner IncCOM23,756$9.60M<0.1%History
CRHCRH Public Ltd CoORD102,605$9.42M<0.1%History
LMTLockheed Martin CorpStock20,222$9.37M<0.1%History
CNCCentene CorpStock171,417$9.30M<0.1%History
IEXIdex CorpCOM52,885$9.29M<0.1%History
Cohen Circle Acquisition CorG3730H106SHS CL A860,000$9.28M<0.1%–
Jena Acquisition Corp IIG5093B121UNIT 99/99/9999900,000$9.25M<0.1%–
PSAPublic StorageCOM31,424$9.22M<0.1%History
TXNM Energy Inc69349HAF4NOTE 5.750% 6/0–$9.11M<0.1%–
MDTMedtronic plcStock104,353$9.10M<0.1%History
EXELExelixis, Inc.COM205,181$9.04M<0.1%History
RYRoyal Bank of CanadaStock67,610$8.89M<0.1%History
DUOLDuolingo, Inc.CL A COM21,483$8.81M<0.1%History
GPNGlobal Payments IncStock109,819$8.79M<0.1%History
MRVLMarvell Technology, Inc.COM113,137$8.76M<0.1%History
GDGeneral Dynamics CorpStock29,989$8.75M<0.1%History
CMECME Group Inc.COM31,725$8.74M<0.1%History
JCIJohnson Controls International plcStock82,765$8.74M<0.1%History
DDDuPont de Nemours, Inc.COM127,115$8.72M<0.1%History
WCNWaste Connections, Inc.COM46,332$8.65M<0.1%History
ANAutonation, Inc.COM43,448$8.63M<0.1%History
TPRTapestry, Inc.COM97,682$8.58M<0.1%History
AMEAmetek IncCOM47,226$8.55M<0.1%History
ALLAllstate CorpStock42,389$8.53M<0.1%History
NUENucor CorpCOM63,806$8.27M<0.1%History
HLIHoulihan Lokey, Inc.CL A45,784$8.24M<0.1%History
CHWYChewy, Inc.CL A193,126$8.23M<0.1%History
VMCVulcan Materials COCOM31,029$8.09M<0.1%History
AXINUAxiom Intelligence Acquisition Corp 1UNIT 06/10/2030800,000$8.08M<0.1%History
FTVFortive CorpStock153,858$8.02M<0.1%History
WENNUWEN Acquisition CorpUNIT 05/16/2030750,000$7.95M<0.1%History
JEFJefferies Financial Group Inc.COM144,212$7.89M<0.1%History
NVEENV5 Global, Inc.COM340,020$7.85M<0.1%History
NWSANews CorpCL A251,931$7.49M<0.1%History
NINisource Inc.COM182,949$7.38M<0.1%History
EWEdwards Lifesciences CorpStock93,401$7.30M<0.1%History
FEFirstenergy CorpCOM173,720$6.91M<0.1%History
PKGPackaging Corp of AmericaStock35,699$6.73M<0.1%History
TRUTransUnionCOM75,457$6.64M<0.1%History
CNICanadian National Railway CoStock62,287$6.48M<0.1%History
WMBWilliams Companies, Inc.COM101,042$6.35M<0.1%History
EXCExelon CorpStock145,292$6.31M<0.1%History
NUNu Holdings Ltd.ORD SHS CL A458,244$6.29M<0.1%History
BDXBecton Dickinson & CoStock35,962$6.19M<0.1%History
GILGildan Activewear Inc.Stock124,179$6.11M<0.1%History
EGHAUEGH Acquisition Corp.UNIT 99/99/9999600,000$6.11M<0.1%History
GMSGMS Inc.COM53,397$5.81M<0.1%History
HRLHormel Foods CorpCOM186,061$5.63M<0.1%History
TSLATesla, Inc.Stock17,617$5.60M<0.1%History
CHRWC. H. Robinson Worldwide, Inc.COM NEW56,053$5.38M<0.1%History
JJacobs Solutions Inc.COM40,545$5.33M<0.1%History
CAVACava Group, Inc.COM62,218$5.24M<0.1%History
EXRExtra Space Storage Inc.COM33,923$5.00M<0.1%History
AMATApplied Materials IncStock25,846$4.73M<0.1%History
ORIOld Republic International CorpCOM122,187$4.70M<0.1%History
DRIDarden Restaurants IncCOM21,123$4.60M<0.1%History
TERTeradyne, IncStock50,216$4.52M<0.1%History
PRIPrimerica, Inc.Stock16,383$4.48M<0.1%History
SWKSSkyworks Solutions, Inc.Stock60,093$4.48M<0.1%History
GNTXGentex CorpCOM203,025$4.46M<0.1%History
PBHPrestige Consumer Healthcare Inc.COM55,316$4.42M<0.1%History
VCYTVeracyte, Inc.COM159,188$4.30M<0.1%History
FLFoot Locker, Inc.COM168,471$4.13M<0.1%History
BASECouchbase, Inc.COM156,661$3.82M<0.1%History
ECLEcolab Inc.Stock14,026$3.78M<0.1%History
VMIValmont Industries IncCOM11,012$3.60M<0.1%History
TVAIUThayer Ventures Acquisition Corp IIUNIT 05/15/2030350,000$3.56M<0.1%History
ALKSAlkermes plc.SHS123,678$3.54M<0.1%History
MOHMolina Healthcare, Inc.COM11,794$3.51M<0.1%History
ELSEquity Lifestyle Properties IncCOM55,920$3.45M<0.1%History