Skip to main content
Livermore
Livermore
ZHEN

Elequin Capital LP

SEC CIK
0001810873
Latest filing
Aug 13, 2026

The latest 13F from Elequin Capital LP covers Q2 2026 (filed Aug 13, 2026): 680 long positions worth $2.99B. The top 10 holdings make up 80.5% of the portfolio, and the largest is Western Digital Corp at 19.6%. Livermore has 21 filings on Form 13F from this institution, going back to Q4 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
320
Est. +$2.40B
Added
173
Est. +$381.8M
Reduced
152
Est. −$211.6M
Sold out
256
Est. −$803.7M

Top 5 holdings

Share of this quarter's portfolio value

  1. Western Digital Corp958102AT2
    19.6%$586.9M
  2. Seagate HDD Cayman81180WBL4
    16.1%$481.5M
  3. Lumentum Hldgs Inc55024UAF6
    12.4%$370.4M
  4. Centerpoint Energy Inc15189TBD8
    11.0%$328.4M
  5. Apollo Global Mgmt Inc03769M304
    5.2%$154.5M

Share of portfolio

Top 5 holdings and the other 675 positions, by share of portfolio value

  1. Western Digital Corp19.6%
  2. Seagate HDD Cayman16.1%
  3. Lumentum Hldgs Inc12.4%
  4. Centerpoint Energy Inc11.0%
  5. Apollo Global Mgmt Inc5.2%
  6. Other 675 positions35.8%

Biggest buys

New and added positions, by estimated amount bought

  1. Western Digital Corp958102AT2
    +$586.9MNew
  2. Seagate HDD Cayman81180WBL4
    +$481.5MNew
  3. Lumentum Hldgs Inc55024UAF6
    +$370.4MNew
  4. Centerpoint Energy Inc15189TBD8
    +$328.4MNew
  5. Apollo Global Mgmt Inc03769M304
    +$154.1MAdded

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Western Digital Corp958102AT2
    +19.61 pp0.0% → 19.6%
  2. Seagate HDD Cayman81180WBL4
    +16.09 pp0.0% → 16.1%
  3. Lumentum Hldgs Inc55024UAF6
    +12.37 pp0.0% → 12.4%
  4. Centerpoint Energy Inc15189TBD8
    +10.97 pp0.0% → 11.0%
  5. Apollo Global Mgmt Inc03769M304
    +5.12 pp<0.1% → 5.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Duke Energy CORP26441CBY0
    −$510.9MSold out
  2. Huazhu Group Ltd44332NAB2
    −$93.6MSold out
  3. Ventas Rlty Ltd Partnership92277GAZ0
    −$50.2MSold out
  4. Firstenergy Corp337932AR8
    −$50.2MSold out
  5. First Tr Exchange-Traded FD33737A108
    −$39.8MReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. Duke Energy CORP26441CBY0
    −46.77 pp46.8% → 0.0%
  2. Huazhu Group Ltd44332NAB2
    −8.57 pp8.6% → 0.0%
  3. Ventas Rlty Ltd Partnership92277GAZ0
    −4.59 pp4.6% → 0.0%
  4. Firstenergy Corp337932AR8
    −4.59 pp4.6% → 0.0%
  5. NVDANVIDIA Corp
    −3.92 pp6.6% → 2.7%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$2.99B
+$1.90B (+174.0%) vs. prior quarter
Positions
680
+64 vs. prior quarter
Top 10 concentration
80.5%
Top 10 as share of value
Turnover
49.7%
Q2 2026, one quarter
Average holding period
1.5 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2021), so positions held before then are understated.

13F filings by quarter

19 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $2.99B (Q2 2026)

Q4 2021: $215.4MQ1 2022: $590.4MQ2 2022: $436.7MQ3 2022: $266.9MQ4 2022: $354.9MQ1 2023: $142.3MQ2 2023: $195.7MQ3 2023: $515.4MQ4 2023: $331.3MQ1 2024: $520.9MQ2 2024: $378.0MQ3 2024: $881.6MQ4 2024: $863.2MQ1 2025: $532.6MQ2 2025: $724.1MQ3 2025: $1.17BQ4 2025: $765.6MQ1 2026: $1.09BQ2 2026: $2.99B
Q4 2021Q2 2026
13F filings of Elequin Capital LP by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 2026680$2.99BWestern Digital CorpSeagate HDD CaymanLumentum Hldgs Incvs. Q1 2026SEC
Q1 2026May 11, 2026616$1.09BDuke Energy CORPHuazhu Group LtdNVDAvs. Q4 2025SEC
Q4 2025Feb 17, 2026392$765.6MMSFTTSLANVDAvs. Q3 2025SEC
Q3 2025Nov 14, 2025121$1.17BSea LtdTSLAMSFTvs. Q2 2025SEC
Q2 2025Aug 11, 2025317$724.1MNRG Energy, Inc.IBITCinemark Hldgs Incvs. Q1 2025SEC
Q1 2025May 13, 2025295$532.6MMSFTBooking Holdings Inc.AAPLvs. Q4 2024SEC
Q4 2024Feb 18, 2025496$863.2MInsight Enterprises IncAAPLMSFTvs. Q3 2024SEC
Q3 2024Nov 14, 2024374$881.6MNTRARBC Bearings INCInsight Enterprises Incvs. Q2 2024SEC
Q2 2024Aug 12, 2024192$378.0MPalo Alto Networks IncMicroStrategy IncARKBvs. Q1 2024SEC
Q1 2024Mar 11, 2025Amended243$520.9MPalo Alto Networks IncNeurocrine Biosciences IncBITBvs. Q4 2023SEC
Q4 2023Feb 14, 2024365$331.3MPalo Alto Networks IncAES CorpPioneer Nat Res Covs. Q3 2023SEC
Q3 2023Nov 14, 2023396$515.4MEQT CorpKBR, Inc.On Semiconductor Corpvs. Q2 2023SEC
Q2 2023Aug 14, 2023533$195.7MKBR, Inc.Dexcom IncCloudflare, Inc.vs. Q1 2023SEC
Q1 2023May 11, 2023306$142.3MPioneer Nat Res CoDick's Sporting Goods, Inc.Silicon Laboratories Inc.vs. Q4 2022SEC
Q4 2022Feb 9, 2023619$354.9MAtlas Air Worldwide Hldgs INAntero Resources CorpSouth Jersey Inds Incvs. Q3 2022SEC
Q3 2022Dec 13, 2022Amended553$266.9MSouth Jersey Inds IncAtlas Air Worldwide Hldgs INStanley Black & Decker, Inc.vs. Q2 2022SECSEC
Q2 2022Aug 11, 2022426$436.7MBroadcom Inc.Sailpoint Technologies HldgsSouth Jersey Inds Incvs. Q1 2022SEC
Q1 2022May 16, 2022341$590.4MDanaher CorpAvantor, Inc.Vonage Hldgs Corpvs. Q4 2021SEC
Q4 2021Feb 15, 202250$215.4MDanaher CorpColony Starwood HomesAvantor, Inc.–SEC