ARMISTICE CAPITAL, LLC Q3 2025 Filing

Filed November 17, 2025

Portfolio Value

$6.7B

Holdings

322

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (322 positions)

#StockSharesValue% PortfolioType
1
SPYSPY OCT5 634.0 P
1,500,000$999.3B14823.35%Put
2
IWMIWM OCT5 230.0 P
4,000,000$967.8B14357.11%Put
3
IWMIWM NOV5 230.0 P
3,000,000$725.9B10767.83%Put
4
SPYSPY NOV5 634.0 P
1,000,000$666.2B9882.23%Put
5
PTCTPTC THERAPEUTICS ORD
3,277,272$201.1B2983.54%
6
TVTXTRAVERE THERAPEUTICS ORD
6,724,000$160.7B2383.91%
7
SUPNSUPERNUS PHARMACEUTICALS ORD
2,836,000$135.5B2010.51%
8
INCYINCYTE ORD
1,167,431$99.0B1468.73%
9
NBIXNEUROCRINE BIOSCIENCES ORD
697,022$97.8B1451.49%
10
IMVTIMMUNOVANT ORD
5,836,000$94.1B1395.54%
11
XRAYDENTSPLY SIRONA ORD
5,736,000$72.8B1079.78%
12
REGNREGENERON PHARMACEUTICALS ORD
125,206$70.4B1044.32%
13
FRPTFRESHPET ORD
1,234,802$68.0B1009.46%
14
AMZNAMAZON COM ORD
309,400$67.9B1007.76%
15
CYTKCYTOKINETICS ORD
1,196,868$65.8B975.79%
16
GEHCGE HEALTHCARE TECHNOLOGIES ORD
795,053$59.7B885.73%
17
EXASEXACT SCIENCES ORD
1,030,465$56.4B836.30%
18
GOOGLALPHABET CL A ORD
230,681$56.1B831.88%
19
MDGLMADRIGAL PHARMACEUTICALS ORD
119,982$55.0B816.34%
20
CYTKCYTK JAN7 40.0 C
950,000$52.2B774.52%Call
21
FIVNFIVE9 ORD
2,000,000$48.4B717.97%
22
MSFTMICROSOFT ORD
87,245$45.2B670.33%
23
ARGXARGENX ADR REP ORD
58,000$42.8B634.58%
24
TMCITREACE MEDICAL CONCEPTS ORD
6,316,000$42.4B628.68%
25
KURAKURA ONCOLOGY ORD
4,672,000$41.3B613.35%
26
NVONOVO NORDISK ADR REPSG 1 ORD
736,000$40.8B605.84%
27
PENNPENN ENTERTAINMENT ORD
2,103,666$40.5B601.03%
28
DYNDYNE THERAPEUTICS ORD
3,064,000$38.8B574.97%
29
MDGLMDGL JAN6 400.0C
80,000$36.7B544.31%Call
30
MDBMONGODB CL A ORD
112,399$34.9B517.51%
31
OFIXORTHOFIX MEDICAL ORD
2,236,000$32.7B485.60%
32
AGIOAGIOS PHARMACEUTICALS ORD
764,000$30.7B454.92%
33
SBUXSTARBUCKS ORD
356,107$30.1B446.90%
34
IMCRIMMUNOCORE HOLDINGS ADR
824,000$29.9B444.07%
35
BMYBRISTOL MYERS SQUIBB ORD
649,733$29.3B434.69%
36
AVNSAVANOS MEDICAL ORD
2,500,000$28.9B428.71%
37
SNYSANOFI 2 ADR REP ORD
612,000$28.9B428.51%
38
IRONDISC MEDICINE ORD
436,000$28.8B427.39%
39
DDOGDATADOG CL A ORD
202,061$28.8B426.83%
40
AGIOAGIO FEB6 40.0 C
700,000$28.1B416.81%Call
41
BABAALIBABA GROUP HOLDING ADR REP 8 ORD
156,000$27.9B413.60%
42
TMOTHERMO FISHER SCIENTIFIC ORD
55,016$26.7B395.83%
43
AUTLAUTOLUS THERAPEUTICS ADR
15,600,000$25.4B377.20%
44
MDTMEDTRONIC ORD
265,257$25.3B374.76%
45
SS MAR6 18.0 C
1,400,000$24.7B365.72%Call
46
NBISNEBIUS CL A ORD
213,280$23.9B355.20%
47
BCYCBICYCLE THERAPEUTICS ADR
2,978,000$23.0B341.92%
48
MDGLMDGL APR6 400.0C
50,000$22.9B340.19%Call
49
GRFSGRIFOLS ADR REP ONE NON VTG CL B ORD
2,236,000$22.3B330.37%
50
CVSCVS HEALTH ORD
291,819$22.0B326.36%
51
AXGNAXOGEN ORD
1,200,000$21.4B317.57%
52
IRWDIRONWOOD PHARMA CL A ORD
16,150,000$21.2B313.84%
53
HUBSHUBSPOT ORD
45,018$21.1B312.40%
54
RI2RIGEL PHARMACEUTICALS ORD
724,000$20.5B304.26%
55
VYGRVOYAGER THERAPEUTICS ORD
4,200,000$19.6B290.96%
56
SSENTINELONE CL A ORD
1,111,200$19.6B290.28%
57
DTDYNATRACE ORD
400,000$19.4B287.49%
58
MLYSMINERALYS THERAPEUTICS ORD
507,650$19.3B285.56%
59
VSTMVERASTEM ORD
2,096,000$18.5B274.55%
60
RHRH ORD
90,685$18.4B273.30%
61
ISRGINTUITIVE SURGICAL ORD
41,000$18.3B272.01%
62
ANGOANGIODYNAMICS ORD
1,636,000$18.3B271.08%
63
PATHUIPATH CL A ORD
1,344,284$18.0B266.82%
64
PRTAPROTHENA ORD
1,824,000$17.8B264.08%
65
ELFELF BEAUTY ORD
132,965$17.6B261.31%
66
RBLXROBLOX CL A ORD
125,921$17.4B258.75%
67
GTLBGITLAB CL A ORD
376,858$17.0B252.01%
68
ROSTROSS STORES ORD
111,138$16.9B251.24%
69
TSMTAIWAN SEMICONDUCTOR MNFTG ADR 5 ORD
56,700$15.8B234.91%
70
VRTXVERTEX PHARMACEUTICALS ORD
40,239$15.8B233.77%
71
FIVNFIVN JUL6 27.5 C
650,000$15.7B233.34%Call
72
CTORCITIUS ONCOLOGY ORD
7,675,911$15.6B231.15%
73
VERAVERA THERAPEUTICS CL A ORD
536,000$15.6B231.06%
74
NKTRNEKTAR THERAPEUTICS ORD
268,000$15.2B226.21%
75
WYNNWYNN RESORTS ORD
116,944$15.0B222.52%
76
WDAYWORKDAY CL A ORD
60,892$14.7B217.45%
77
NVDANVIDIA ORD
76,944$14.4B212.96%
78
APPAPPLOVIN CL A ORD
19,520$14.0B208.06%
79
NPCENEUROPACE ORD
1,298,000$13.4B198.52%
80
HUMHUMANA ORD
51,359$13.4B198.22%
81
UBERUBER TECHNOLOGIES ORD
120,581$11.8B175.24%
82
NTLAINTELLIA THERAPEUTICS ORD
672,000$11.6B172.16%
83
EWEDWARDS LIFESCIENCES ORD
146,571$11.4B169.09%
84
RDDTREDDIT CL A ORD
49,100$11.3B167.52%
85
ULTAULTA BEAUTY ORD
20,266$11.1B164.37%
86
TOSTTOAST CL A ORD
286,036$10.4B154.92%
87
ARVNARVINAS ORD
1,200,000$10.2B151.66%
88
MGNXMACROGENICS ORD
5,960,000$10.0B148.53%
89
LENLENNAR CL A ORD
78,549$9.9B146.86%
90
BRBRBELLRING BRANDS ORD
271,935$9.9B146.63%
91
FDMT4D MOLECULAR THERAPEUTICS ORD
1,096,000$9.5B141.28%
92
CNTACENTESSA PHARMACEUTICALS ADR
378,000$9.2B135.98%
93
CHRCHURCHILL DOWNS ORD
93,429$9.1B134.45%
94
NUVBNUVATION BIO CL A ORD
2,296,000$8.5B126.02%
95
AGIOAGIO DEC5 40.0 C
200,000$8.0B119.09%Call
96
BSXBOSTON SCIENTIFIC ORD
80,223$7.8B116.18%
97
HHYATT HOTELS CL A ORD
54,101$7.7B113.91%
98
ORLYO REILLY AUTOMOTIVE ORD
70,396$7.6B112.58%
99
MCDMCDONALD'S ORD
23,770$7.2B107.15%
100
BBYBEST BUY ORD
95,066$7.2B106.64%
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