Laurion Capital Management LP — 13F Holdings & Portfolio
CIK 1390202 · latest 13F-HR filed 2026-10-30
Laurion Capital Management LP manages $6.21B in 13F-reported U.S. long-equity assets across 416 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are SPCX (2.47%), WBD (1.96%), NSC (1.91%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 104 new positions and exited 146; 38 existing positions rose in reported value and 61 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
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AUM
$6.21B
Long-equity book
Holdings
416
Distinct positions
Period
2026-09-30
Filed 2026-10-30
Q/Q Activity
+104 / −146 / ↑38 / ↓61
vs 2026-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 26SPCX11.6% · +21623%WBD9.2% · 0%NSC9.0% · +0%BBIO6.4% · -5%MLYS4.7% · -1%NUVB3.3% · -2%NIO2.4% · 0%GOOGL2.2% · newMSFT1.8% · +34%AVGO1.8% · +349%NOW1.5% · newBBIO1.5% · 0%APP1.4% · newAMZN1.4% · +1362%INIO1.2% · +125%CME1.2% · +28%AMGN1.1% · newNFLX1.0% · +1971%SOFI0.9% · +2937%PYXS0.9% · +2%TEAM0.9% · newCOHR0.9% · +2902%ADP0.9% · newCVNA0.9% · -4%CRDO0.8% · +502%V0.8% · +1060%MAR0.7% · +1560%DHI0.7% · +0%PRMB0.7% · newRBLX0.7% · newHOOD0.7% · -20%CRCL0.7% · newUBER0.6% · +667%BBOT0.6% · 0%AS0.6% · newMA0.6% · +1416%TSLA0.6% · newGE0.6% · +2013%KTOS0.6% · -51%MRNA0.5% · newMDB0.5% · newPEPG0.5% · 0%AUTL0.5% · 0%PHM0.4% · +1%BKNG0.4% · newCI0.4% · +313%IMUX0.4% · 0%AARD0.4% · 0%AAPL0.4% · newFTNT0.4% · +435%ACCV0.4% · newADBE0.4% · +1559%RDDT0.4% · newIREN0.4% · newWDC0.4% · -21%LEN0.4% · -0%MELI0.4% · newPANW0.4% · +66%REGN0.3% · newVRT0.3% · +493%
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q2 26 → Q3 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 52.5%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Mar 27, 2026.
Assets Under Management
$6.76B
Discretionary
$6.76B
Employees
59
Accounts
3
Address
360 MADISON AVENUE
SUITE 1900
NEW YORK, NY 10017
SUITE 1900
NEW YORK, NY 10017
Phone
(212) 938-6300
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| DOLPHIN, DANA, NICOLE Control | DIRECTOR OF INVESTOR RELATIONS AND MARKETING since Jun 2017 | Less than 5% | Individual |
| GARG, RAJIV, KUMAR Control | CTO since Feb 2019 | Less than 5% | Individual |
| LAURION CAPITAL GP LLC Control | GENERAL PARTNER since Mar 2005 | Less than 5% | Domestic Entity |
| MADURAPERUMA, JANAKA, SHEEHAN Control | PARTNER since Mar 2005 | 25–50% | Individual |
| MOHEBBI-FORUSHANI, MASIH Control | CFO since Oct 2013 | Less than 5% | Individual |
| RIESEL, JASON, ROBERT Control | GC/CCO since Mar 2014 | Less than 5% | Individual |
| SMITH, BENJAMIN, ALEXANDER Control | PARTNER since Mar 2005 | 25–50% | Individual |
| WOELFEL, DANIEL, EUGENE Control | COO since Jun 2017 | Less than 5% | Individual |
| BENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006 | PARTNER since Apr 2006 | 10–25% | Domestic Entity |
| BRITTAN-SMITH, LORNA | LORNA BRITTAN-SMITH, AS TRUSTEE OF THE BENAJMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006 since Apr 2006 | 10–25% | Individual |
| MADURAPERUMA, JANAKA, SHEEHAN Control Indirect owner via LAURION CAPITAL GP LLC | MANAGING MEMBER since Mar 2005 | General partner, trustee or manager | Individual |
| SMITH, BENJAMIN, ALEXANDER Control Indirect owner via LAURION CAPITAL GP LLC | MANAGING MEMBER since Mar 2005 | General partner, trustee or manager | Individual |
| BRITTAN-SMITH, LORNA Indirect owner via BENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006 | TRUSTEE OF BENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006 since Apr 2006 | General partner, trustee or manager | Individual |
Ownership & leadership changes · 9 filings with changes since Feb 10, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Mar 28, 2019 filing
- AddedGARG, RAJIV, KUMAR · CTO · Less than 5% · control person
Dec 12, 2017 filing
- No longer listedBENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2016 · LCM CAYMAN 3 INVESTMENT CONSULTING CO. LTD. ("RELYING ADVISER) - SHAREHOLDER OF CLASS A · 25–50% · control person · listed since Dec 2012
- No longer listedBRITTAN-SMITH, LORNA · TRUSTEE OF BENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006 · General partner, trustee or manager · indirect via BENJAMIN SMITH 2006 GRAT ATRICLE I(E) TRUST U/A DATED 4/19/2006 · listed since Apr 2006
- No longer listedMADURAPERUMA, NIHAL · LCM CAYMAN 3 INVESTMENT CONSULTING CO. LTD. ("RELYING ADVISER) - SHAREHOLDER OF CLASS C · 75% or more · control person · listed since Dec 2012
- AddedBRITTAN-SMITH, LORNA · TRUSTEE OF BENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006 · General partner, trustee or manager · indirect via BENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006
- ChangedMADURAPERUMA, JANAKA, SHEEHAN · title LCM CAYMAN 3 INVESTMENT CONSULTING CO. LTD. ("RELYING ADVISER) - SHAREHOLDER OF CLASS B / PARTNER → PARTNER; ownership 75% or more → 25–50%
- ChangedSMITH, BENJAMIN, ALEXANDER · title LCM CAYMAN 3 INVESTMENT CONSULTING CO. LTD. ("RELYING ADVISER) - SHAREHOLDER OF CLASS A / PARTNER → PARTNER; ownership 75% or more → 25–50%
Aug 31, 2017 filing
- No longer listedDAHI, KHOSROW · CTO · Less than 5% · control person · listed since May 2005
- No longer listedGEATZ, TRINA, MARIE · CO-COO · Less than 5% · control person · listed since Oct 2013
- No longer listedVAVRA, SARA, ELIZABETH · CHIEF BUSINESS DEVELOPMENT OFFICER · Less than 5% · control person · listed since Apr 2009
- AddedDOLPHIN, DANA, NICOLE · DIRECTOR OF INVESTOR RELATIONS AND MARKETING · Less than 5% · control person
- ChangedWOELFEL, DANIEL, EUGENE · title CO-COO → COO
Mar 30, 2017 filing
- No longer listedBENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006 · SHAREHOLDER OF CLASS A · 25–50% · indirect via LCM CAYMAN HOLDINGS LTD. · control person · listed since Dec 2012
- No longer listedLCM CAYMAN HOLDINGS LTD. · LCM CAYMAN 3 INVESTMENT CONSULTING CO. LTD. ("RELYING ADVISER") · 75% or more · control person · listed since Dec 2012
- No longer listedMADURAPERUMA, JANAKA, SHEEHAN · SHAREHOLDER OF CLASS B · 75% or more · indirect via LCM CAYMAN HOLDINGS LTD. · control person · listed since Dec 2012
- No longer listedMADURAPERUMA, NIHAL · SHAREHOLDER OF CLASS C · 75% or more · indirect via LCM CAYMAN HOLDINGS LTD. · control person · listed since Dec 2012
- No longer listedSMITH, BENJAMIN, ALEXANDER · SHAREHOLDER OF CLASS A · 75% or more · indirect via LCM CAYMAN HOLDINGS LTD. · control person · listed since Dec 2012
- AddedBENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2016 · LCM CAYMAN 3 INVESTMENT CONSULTING CO. LTD. ("RELYING ADVISER) - SHAREHOLDER OF CLASS A · 25–50% · control person
- AddedMADURAPERUMA, NIHAL · LCM CAYMAN 3 INVESTMENT CONSULTING CO. LTD. ("RELYING ADVISER) - SHAREHOLDER OF CLASS C · 75% or more · control person
- ChangedMADURAPERUMA, JANAKA, SHEEHAN · title PARTNER → LCM CAYMAN 3 INVESTMENT CONSULTING CO. LTD. ("RELYING ADVISER) - SHAREHOLDER OF CLASS B / PARTNER; ownership 25–50% → 75% or more
- ChangedSMITH, BENJAMIN, ALEXANDER · title PARTNER → LCM CAYMAN 3 INVESTMENT CONSULTING CO. LTD. ("RELYING ADVISER) - SHAREHOLDER OF CLASS A / PARTNER; ownership 25–50% → 75% or more
Mar 29, 2016 filing
- ChangedVAVRA, SARA, ELIZABETH · title DIRECTOR OF BUSINESS DEVELOPMENT → CHIEF BUSINESS DEVELOPMENT OFFICER
Jun 20, 2014 filing
- ChangedDAHI, KHOSROW · now a control person
- ChangedVAVRA, SARA, ELIZABETH · now a control person
Mar 28, 2014 filing
- AddedRIESEL, JASON, ROBERT · GC/CCO · Less than 5% · control person
- ChangedMOHEBBI-FORUSHANI, MASIH · title CFO/CCO → CFO
Nov 22, 2013 filing
- No longer listedRYBICKI, DAREK · CFO/CCO · Less than 5% · listed since Apr 2007
- AddedGEATZ, TRINA, MARIE · CO-COO · Less than 5% · control person
- AddedMOHEBBI-FORUSHANI, MASIH · CFO/CCO · Less than 5% · control person
- AddedWOELFEL, DANIEL, EUGENE · CO-COO · Less than 5% · control person
Mar 25, 2013 filing
- AddedBENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006 · SHAREHOLDER OF CLASS A · 25–50% · indirect via LCM CAYMAN HOLDINGS LTD. · control person
- AddedLCM CAYMAN HOLDINGS LTD. · LCM CAYMAN 3 INVESTMENT CONSULTING CO. LTD. ("RELYING ADVISER") · 75% or more · control person
- AddedMADURAPERUMA, JANAKA, SHEEHAN · SHAREHOLDER OF CLASS B · 75% or more · indirect via LCM CAYMAN HOLDINGS LTD. · control person
- AddedMADURAPERUMA, NIHAL · SHAREHOLDER OF CLASS C · 75% or more · indirect via LCM CAYMAN HOLDINGS LTD. · control person
- AddedSMITH, BENJAMIN, ALEXANDER · SHAREHOLDER OF CLASS A · 75% or more · indirect via LCM CAYMAN HOLDINGS LTD. · control person
Feb 10, 2012 filing (earliest on record)
- ListedBENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006 · PARTNER · 10–25%
- ListedBRITTAN-SMITH, LORNA · LORNA BRITTAN-SMITH, AS TRUSTEE OF THE BENAJMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006 · 10–25%
- ListedBRITTAN-SMITH, LORNA · TRUSTEE OF BENJAMIN SMITH 2006 GRAT ARTICLE I(E) TRUST U/A DATED 4/19/2006 · General partner, trustee or manager · indirect via BENJAMIN SMITH 2006 GRAT ATRICLE I(E) TRUST U/A DATED 4/19/2006
- ListedDAHI, KHOSROW · CTO · Less than 5%
- ListedLAURION CAPITAL GP LLC · GENERAL PARTNER · Less than 5% · control person
- ListedMADURAPERUMA, JANAKA, SHEEHAN · PARTNER · 25–50% · control person
- ListedMADURAPERUMA, JANAKA, SHEEHAN · MANAGING MEMBER · General partner, trustee or manager · indirect via LAURION CAPITAL GP LLC · control person
- ListedRYBICKI, DAREK · CFO/CCO · Less than 5%
- ListedSMITH, BENJAMIN, ALEXANDER · PARTNER · 25–50% · control person
- ListedSMITH, BENJAMIN, ALEXANDER · MANAGING MEMBER · General partner, trustee or manager · indirect via LAURION CAPITAL GP LLC · control person
- ListedVAVRA, SARA, ELIZABETH · DIRECTOR OF BUSINESS DEVELOPMENT · Less than 5%
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- SPACE EXPLORATION TECHN CORP$152.5M +19080.3%
- BROADCOM INC$17.9M +317.8%
- AMAZON COM INC$17.0M +1427.8%
- WARNER BROS DISCOVERY INC$16.9M +16.1%
- NETFLIX INC.$12.1M +1918.4%
Top Trims
- FORGENT POWER SOLUTIONS INC-$16.2M -98.6%
- BRIDGEBIO PHARMA INC-$16.0M -15.8%
- KRATOS DEFENSE & SEC SOLUTIO-$10.3M -57.9%
- CONSTELLATION ENERGY CORP-$9.0M -75.4%
- BRIDGEBIO ONCOLOGY THERAPEUT-$7.0M -46.2%
New Positions
- ALPHABET INC$29.5M
- SERVICENOW INC$20.3M
- APPLOVIN CORP$18.9M
- AMGEN INC$14.6M
- ATLASSIAN CORPORATION$11.6M
Exited Positions
- STATE STR SPDR S&P 500 ETF T$201.6M
- ELECTRONIC ARTS INC$115.6M
- DIGITAL RLTY TR INC$69.4M
- QUALCOMM INC$23.6M
- MEDLINE INC$13.8M
Laurion Capital Management LP Holdings (2026-09-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | SPACE EXPLORATION TECHN CORP | SPCX | 84615Q103 | $153.3M | 2.47% | 1,015,989 | SH |
| 2 | WARNER BROS DISCOVERY INC | WBD | 934423104 | $121.8M | 1.96% | 3,935,000 | SH |
| 3 | NORFOLK SOUTHN CORP | NSC | 655844108 | $118.9M | 1.91% | 384,727 | SH |
| 4 | ADVANCED MICRO DEVICES INC Call | AMD | 007903107 | $107.3M | 1.73% | 175,400 | SH |
| 5 | MARVELL TECHNOLOGY INC Call | MRVL | 573874104 | $96.0M | 1.54% | 363,200 | SH |
| 6 | BRIDGEBIO PHARMA INC | BBIO | 10806X102 | $84.8M | 1.36% | 1,288,169 | SH |
| 7 | NVIDIA CORPORATION Call | NVDA | 67066G104 | $83.7M | 1.35% | 366,300 | SH |
| 8 | ADVANCED MICRO DEVICES INC Put | AMD | 007903107 | $81.0M | 1.30% | 132,400 | SH |
| 9 | INTEL CORP Call | INTC | 458140100 | $75.2M | 1.21% | 625,400 | SH |
| 10 | ASTERA LABS INC Call | ALAB | 04626A103 | $74.3M | 1.20% | 208,700 | SH |
| 11 | MARVELL TECHNOLOGY INC Put | MRVL | 573874104 | $66.6M | 1.07% | 252,100 | SH |
| 12 | GE VERNOVA INC Put | GEV | 36828A101 | $66.4M | 1.07% | 69,900 | SH |
| 13 | PALANTIR TECHNOLOGIES INC Call | PLTR | 69608A108 | $65.7M | 1.06% | 351,200 | SH |
| 14 | NVIDIA CORPORATION Put | NVDA | 67066G104 | $65.6M | 1.06% | 287,100 | SH |
| 15 | MICRON TECHNOLOGY INC Put | MU | 595112103 | $65.5M | 1.05% | 61,500 | SH |
| 16 | INTEL CORP Put | INTC | 458140100 | $63.4M | 1.02% | 527,400 | SH |
| 17 | TESLA INC Call | TSLA | 88160R101 | $63.1M | 1.02% | 177,900 | SH |
| 18 | STRATEGY INC Call | MSTR | 594972408 | $62.4M | 1.00% | 407,700 | SH |
| 19 | MINERALYS THERAPEUTICS INC | MLYS | 603170101 | $62.4M | 1.00% | 2,481,698 | SH |
| 20 | CORNING INC Put | GLW | 219350105 | $57.1M | 0.92% | 371,500 | SH |
| 21 | DELL TECHNOLOGIES INC Call | DELL | 24703L202 | $56.8M | 0.91% | 105,500 | SH |
| 22 | ROBINHOOD MKTS INC Call | HOOD | 770700102 | $56.4M | 0.91% | 500,900 | SH |
| 23 | APPLIED MATLS INC Put | AMAT | 038222105 | $55.9M | 0.90% | 109,300 | SH |
| 24 | ARISTA NETWORKS INC Call | ANET | 040413205 | $54.4M | 0.88% | 267,400 | SH |
| 25 | PALANTIR TECHNOLOGIES INC Put | PLTR | 69608A108 | $53.9M | 0.87% | 288,300 | SH |
| 26 | GE VERNOVA INC Call | GEV | 36828A101 | $53.4M | 0.86% | 56,200 | SH |
| 27 | ROCKET LAB CORP Call | RKLB | 773121108 | $53.1M | 0.85% | 762,000 | SH |
| 28 | TERADYNE INC Call | TER | 880770102 | $52.8M | 0.85% | 131,700 | SH |
| 29 | LAM RESEARCH CORP Call | LRCX | 512807306 | $52.7M | 0.85% | 160,400 | SH |
| 30 | ASTERA LABS INC Put | ALAB | 04626A103 | $51.9M | 0.84% | 145,800 | SH |
| 31 | APPLIED MATLS INC Call | AMAT | 038222105 | $51.5M | 0.83% | 100,800 | SH |
| 32 | CORNING INC Call | GLW | 219350105 | $51.5M | 0.83% | 334,700 | SH |
| 33 | MICRON TECHNOLOGY INC Call | MU | 595112103 | $51.1M | 0.82% | 48,000 | SH |
| 34 | HEWLETT PACKARD ENTERPRISE C Call | HPE | 42824C109 | $49.9M | 0.80% | 781,700 | SH |
| 35 | DATADOG INC Call | DDOG | 23804L103 | $49.9M | 0.80% | 182,200 | SH |
| 36 | KLA CORP Call | KLAC | 482480100 | $49.8M | 0.80% | 255,300 | SH |
| 37 | DATADOG INC Put | DDOG | 23804L103 | $48.1M | 0.77% | 175,800 | SH |
| 38 | LUMENTUM HLDGS INC Put | LITE | 55024U109 | $45.6M | 0.73% | 46,900 | SH |
| 39 | CIENA CORP Call | CIEN | 171779309 | $45.5M | 0.73% | 129,200 | SH |
| 40 | QUALCOMM INC Call | QCOM | 747525103 | $45.0M | 0.72% | 244,400 | SH |
| 41 | WESTERN DIGITAL CORP Call | WDC | 958102105 | $44.5M | 0.72% | 98,000 | SH |
| 42 | COHERENT CORP Put | COHR | 19247G107 | $43.5M | 0.70% | 151,300 | SH |
| 43 | ARISTA NETWORKS INC Put | ANET | 040413205 | $43.4M | 0.70% | 213,000 | SH |
| 44 | STRATEGY INC Put | MSTR | 594972408 | $43.3M | 0.70% | 282,800 | SH |
| 45 | TESLA INC Put | TSLA | 88160R101 | $43.2M | 0.70% | 121,800 | SH |
| 46 | CROWDSTRIKE HLDGS INC Call | CRWD | 22788C105 | $43.1M | 0.69% | 162,900 | SH |
| 47 | NUVATION BIO INC | NUVB | 67080N101 | $43.1M | 0.69% | 7,697,272 | SH |
| 48 | ROBINHOOD MKTS INC Put | HOOD | 770700102 | $42.0M | 0.68% | 373,500 | SH |
| 49 | MICROCHIP TECHNOLOGY INC. Put | MCHP | 595017104 | $41.8M | 0.67% | 537,900 | SH |
| 50 | KLA CORP Put | KLAC | 482480100 | $41.6M | 0.67% | 213,500 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-30 | $6.21B | 416 | 0001390202-26-000018 |
| 2026-06-30 | 2026-08-13 | $3.90B | 420 | 0001390202-26-000016 |
| 2026-03-31 | 2026-05-14 | $2.29B | 349 | 0001390202-26-000008 |
| 2025-12-31 | 2026-02-17 | $2.69B | 306 | 0001390202-26-000006 |
| 2025-12-31 | 2026-02-13 | $3.27B | 306 | 0001390202-26-000004 |
Filer Information
Address
360 MADISON AVENUESUITE 2000
NEW YORK, NY 10017
Phone
(212) 938-6325
Filing Manager
Laurion Capital Management LP
NEW YORK, NY
Signatory
Masih Mohebbi
CFO