ARMISTICE CAPITAL, LLC
•CIK: 1601086•Filing: Q4 2025
ARMISTICE CAPITAL, LLC, managed by the renowned trader and author Bill Hwang, maintains a concentrated portfolio with a focus on high-conviction, long-term investments, currently holding 359 positions with $8.0B in assets under management. Notably, the fund has recently added CROX and NKE, which have surged by 482% and 356% respectively, while exiting positions in EXK and VRTX, reflecting its dynamic strategy in capitalizing on growth opportunities.
Total AUM
$3.8B
+ $4.3B in options
QoQ Performance
+20.2%
Positions
352
+ 6 options
Top 10 Concentration
63.7%
Latest Filing
Q4 2025
Top Holdings Allocation
SPY
IWM
SPY25.4%
IWM24.8%
PTCT2.6%
MDGL1.9%
TVTX1.8%
SUPN1.7%
NBIX1.4%
INCY1.3%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other67.9%
ETF25.6%
Consumer2.7%
Healthcare1.9%
Technology1.8%
Energy0.0%
Industrial0.0%
Consumer Staples0.0%
🚪 Exited Positionssold since Q3 2025
+178 more exited positions
Changes from Q3 2025
NEW61 new positions
↑96 increased
↓38 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023