Cinctive Capital Management LP

CIK: 0001787258SEC EDGAR →

Portfolio Value

$1.8B

Holdings

383

As of

Q4 2025

New Positions

163

Closed Positions

159

Portfolio Value History

Top 10 Holdings

Rank	Stock	Shares	Value	% of Portfolio
1	SPYPut SPDR S&P 500 ETF TR	140,000	$95.5M	5.17%
2	VST VISTRA CORP	333,724	$53.8M	2.91%
3	CVX CHEVRON CORP NEW	239,885	$36.6M	1.98%
4	FYBR FRONTIER COMMUNICATIONS PARE	956,395	$36.4M	1.97%
5	EXAS EXACT SCIENCES CORP	330,000	$33.5M	1.81%
6	CYBR CYBERARK SOFTWARE LTD	73,823	$32.9M	1.78%
7	LZM LIFEZONE METALS LIMITED	6,922,924	$29.6M	1.60%
8	KMI KINDER MORGAN INC DEL	942,600	$25.9M	1.40%
9	SRE SEMPRA	292,101	$25.8M	1.40%
10	TEAM ATLASSIAN CORPORATION	154,988	$25.1M	1.36%

Quarterly Changes

Top Buys

SPYNEW

$95.5M

VSTNEW

$53.8M

EXAS↑ Increased

$32.3M

CVX↑ Increased

$29.8M

TEAMNEW

$25.1M

Top Sells

VSTCLOSED

$43.4M

FLRCLOSED

$31.2M

KELCLOSED

$30.5M

VRNACLOSED

$23.6M

INFA1EURCLOSED

$20.8M

New Positions (170)

$95.5M · 140K shares

$53.8M · 334K shares

$25.1M · 155K shares

$19.8M · 158K shares

$17.0M · 1.7M shares

$16.4M · 64K shares

$13.6M · 450K shares

$12.7M · 80K shares

$10.8M · 147K shares

$10.7M · 30K shares

LLY

$10.5M · 10K shares

DYH

$10.4M · 106K shares

$9.7M · 225K shares

$9.4M · 65K shares

$9.1M · 31K shares

$8.8M · 427K shares

$8.5M · 41K shares

$8.5M · 169K shares

$7.9M · 158K shares

$7.9M · 282K shares

$7.8M · 79K shares

$7.7M · 156K shares

$7.7M · 47K shares

$7.5M · 86K shares

$7.3M · 279K shares

$7.2M · 8K shares

$7.0M · 94K shares

$6.8M · 142K shares

$6.6M · 134K shares

$6.5M · 15K shares

$6.4M · 49K shares

$6.2M · 134K shares

$6.2M · 62K shares

$5.6M · 21K shares

$5.2M · 15K shares

$5.2M · 106K shares

$5.1M · 32K shares

$5.0M · 287K shares

$5.0M · 123K shares

$4.7M · 159K shares

$4.7M · 10K shares

$4.7M · 273K shares

$4.7M · 112K shares

$4.6M · 53K shares

$4.6M · 25K shares

$4.3M · 200K shares

$4.1M · 9K shares

$4.1M · 36K shares

$4.0M · 2K shares

$4.0M · 62K shares

$4.0M · 147K shares

$3.9M · 39K shares

$3.9M · 12K shares

AM6

$3.9M · 275K shares

CVS

$3.7M · 47K shares

$3.7M · 68K shares

ORCL

$3.6M · 18K shares

MRVL

$3.6M · 42K shares

$3.6M · 33K shares

$3.4M · 26K shares

$3.4M · 43K shares

$3.3M · 68K shares

$3.2M · 69K shares

$3.1M · 41K shares

$3.1M · 70K shares

$3.1M · 5K shares

$2.7M · 33K shares

$2.7M · 35K shares

$2.7M · 11K shares

$2.6M · 995K shares

$2.6M · 61K shares

$2.5M · 33K shares

$2.5M · 76K shares

$2.5M · 22K shares

$2.5M · 67K shares

$2.5M · 139K shares

$2.4M · 50K shares

$2.4M · 80K shares

$2.4M · 29K shares

$2.3M · 24K shares

$2.3M · 59K shares

$2.2M · 31K shares

$2.2M · 100K shares

$2.2M · 64K shares

$2.1M · 34K shares

$2.1M · 72K shares

$2.1M · 5K shares

$2.1M · 28K shares

$2.0M · 26K shares

MDT

$2.0M · 21K shares

VRDN

$1.9M · 62K shares

PRIM

$1.9M · 15K shares

$1.9M · 11K shares

$1.9M · 31K shares

$1.9M · 46K shares

$1.9M · 50K shares

$1.6M · 21K shares

$1.5M · 18K shares

$1.5M · 7K shares

$1.5M · 24K shares

$1.3M · 17K shares

$1.3M · 10K shares

$1.3M · 75K shares

$1.2M · 14K shares

$1.2M · 5K shares

$1.2M · 29K shares

$1.2M · 23K shares

$1.2M · 36K shares

$1.1M · 5K shares

$1.1M · 2K shares

$1.1M · 6K shares

$1.1M · 16K shares

$1.1M · 17K shares

$1.0M · 43K shares

$926K · 55K shares

$920K · 10K shares

$911K · 9K shares

$896K · 3K shares

$892K · 10K shares

$881K · 14K shares

$878K · 45K shares

$868K · 45K shares

$868K · 11K shares

$837K · 35K shares

$823K · 66K shares

$789K · 5K shares

$738K · 6K shares

$734K · 10K shares

$683K · 6K shares

$668K · 64K shares

$628K · 36K shares

$591K · 12K shares

$522K · 2K shares

$511K · 6K shares

$495K · 6K shares

$490K · 37K shares

$451K · 17K shares

$446K · 2K shares

$397K · 17K shares

$396K · 14K shares

$383K · 29K shares

$380K · 1K shares

$359K · 4K shares

$358K · 1K shares

$355K · 2K shares

$346K · 6K shares

$339K · 4K shares

CCCX

$334K · 21K shares

WING

$333K · 1K shares

HNM

$324K · 3K shares

$317K · 6K shares

$307K · 2K shares

$301K · 14K shares

$300K · 1K shares

$298K · 1K shares

$270K · 1K shares

$246K · 816 shares

$240K · 1K shares

$228K · 15K shares

$223K · 2K shares

$220K · 276K shares

$212K · 3K shares

$205K · 4K shares

$187K · 32K shares

$182K · 29K shares

$176K · 10K shares

$163K · 11K shares

$153K · 14K shares

$120K · 14K shares

$117K · 12K shares

Closed Positions (168)

$43.4M · 221K shares

$31.2M · 741K shares

$30.5M · 371K shares

$23.6M · 221K shares

$20.8M · 836K shares

$18.4M · 96K shares

$13.2M · 279K shares

$13.0M · 509K shares

$13.0M · 63K shares

$12.6M · 109K shares

$12.6M · 51K shares

$12.0M · 34K shares

$11.8M · 156K shares

$11.1M · 120K shares

$10.4M · 523K shares

$9.9M · 235K shares

$9.8M · 34K shares

WNS HLDGS LTD

$9.5M · 125K shares

$9.5M · 105K shares

$9.2M · 40K shares

$9.0M · 27K shares

$8.9M · 128K shares

$8.9M · 987K shares

$8.9M · 1.2M shares

$8.8M · 246K shares

$8.7M · 492K shares

$8.6M · 42K shares

$7.9M · 293K shares

$7.9M · 50K shares

$7.6M · 27K shares

$7.5M · 319K shares

$7.4M · 78K shares

$6.9M · 10K shares

$6.9M · 78K shares

$6.7M · 100K shares

$6.4M · 199K shares

$6.1M · 78K shares

$5.9M · 57K shares

$5.9M · 131K shares

$5.8M · 95K shares

$5.8M · 70K shares

$5.5M · 7K shares

$5.5M · 58K shares

$5.4M · 4K shares

$5.4M · 266K shares

$5.4M · 40K shares

$5.4M · 19K shares

$5.4M · 47K shares

$5.2M · 230K shares

$5.2M · 211K shares

$5.0M · 80K shares

HON

$5.0M · 24K shares

CMA

$4.9M · 72K shares

$4.8M · 63K shares

$4.8M · 16K shares

$4.7M · 112K shares

$4.7M · 115K shares

$4.6M · 310K shares

$4.6M · 90K shares

$4.6M · 27K shares

$4.5M · 15K shares

$4.5M · 22K shares

$4.2M · 54K shares

$4.2M · 58K shares

$4.0M · 61K shares

$3.9M · 17K shares

$3.9M · 36K shares

$3.6M · 68K shares

$3.6M · 264K shares

$3.6M · 28K shares

$3.6M · 93K shares

$3.4M · 184K shares

$3.4M · 24K shares

$3.3M · 14K shares

$3.2M · 100K shares

$3.2M · 83K shares

$3.1M · 84K shares

$3.1M · 38K shares

$3.1M · 18K shares

$3.0M · 5K shares

$2.9M · 82K shares

$2.8M · 146K shares

$2.8M · 11K shares

$2.8M · 100K shares

$2.7M · 163K shares

RAMACO RES INC

$2.7M · 82K shares

$2.5M · 10K shares

$2.5M · 6K shares

$2.5M · 10K shares

$2.4M · 31K shares

$2.4M · 17K shares

$2.4M · 6K shares

$2.3M · 25K shares

$2.2M · 25K shares

$2.2M · 182K shares

$2.2M · 22K shares

$2.0M · 524K shares

$2.0M · 7K shares

$2.0M · 57K shares

$1.9M · 4K shares

$1.9M · 53K shares

$1.9M · 30K shares

$1.8M · 13K shares

$1.8M · 9K shares

$1.8M · 204K shares

$1.7M · 28K shares

$1.7M · 16K shares

$1.7M · 8K shares

$1.6M · 12K shares

$1.6M · 6K shares

$1.5M · 32K shares

$1.3M · 5K shares

$1.3M · 13K shares

$1.2M · 6K shares

$1.2M · 20K shares

$1.2M · 43K shares

$1.1M · 14K shares

$1.1M · 10K shares

$1.0M · 28K shares

$1.0M · 19K shares

$998K · 9K shares

$981K · 21K shares

$964K · 11K shares

$938K · 11K shares

$862K · 13K shares

$831K · 46K shares

$812K · 42K shares

$778K · 92K shares

$771K · 2K shares

$766K · 2K shares

$709K · 6K shares

$697K · 108K shares

$693K · 6K shares

$687K · 6K shares

$661K · 42K shares

$645K · 38K shares

$638K · 26K shares

$630K · 19K shares

$624K · 4K shares

$622K · 7K shares

$554K · 3K shares

$538K · 3K shares

$513K · 3K shares

$468K · 30K shares

$453K · 17K shares

$450K · 82K shares

$424K · 195K shares

$416K · 609 shares

$414K · 3K shares

$405K · 10K shares

$404K · 28K shares

$378K · 12K shares

$371K · 5K shares

$356K · 1K shares

$333K · 1K shares

$312K · 5K shares

$247K · 3K shares

$246K · 920 shares

$236K · 10K shares

$235K · 1K shares

$223K · 207 shares

$210K · 3K shares

$202K · 212 shares

$201K · 2K shares

$147K · 22K shares

NIOCORP DEVS LTD

$143K · 21K shares

FLNC

$115K · 11K shares

JBLU

$86K · 17K shares

Sector Breakdown

Sector	# Holdings	Value	%
Technology	69	$387.3M	21.0%
Financial Services	43	$325.4M	17.6%
Consumer Cyclical	52	$232.7M	12.6%
Healthcare	88	$226.1M	12.2%
Energy	18	$153.0M	8.3%
Unknown	30	$152.2M	8.2%
Utilities	10	$147.4M	8.0%
Industrials	32	$84.5M	4.6%
Basic Materials	14	$52.9M	2.9%
Consumer Defensive	14	$40.0M	2.2%
Communication Services	10	$36.9M	2.0%
Real Estate	3	$8.7M	0.5%