OXFORD ASSET MANAGEMENT LLP's Q4 2025 13F: 367 new positions, 314 exits
Form 13F-HR for the quarter ended Dec 31, 2025 · filed Feb 17, 2026 · 482 reported positions · accession 0001438284-26-000007 · Amended
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | SPDR SERIES TRUST (XBI) | 4.1% | 2.3% | −1.7 pts | −70,283 sh | −56% |
| Reduced | FREEPORT-MCMORAN INC (FCX) | 1.6% | 0.1% | −1.5 pts | −121K sh | −95% |
| New | NETFLIX INC (NFLX) | — | 1.4% | +1.4 pts | +41,270 sh | new |
| New | MARVELL TECHNOLOGY INC (MRVL) | — | 1.2% | +1.2 pts | +38,630 sh | new |
| Exited | GENERAL MLS INC (GIS) | 1.1% | — | −1.1 pts | −69,403 sh | −100% |
| Exited | FORD MTR CO (F) | 1.1% | — | −1.1 pts | −288K sh | −100% |
| Exited | COMCAST CORP NEW (CMCSA) | 1.1% | — | −1.1 pts | −107K sh | −100% |
| Exited | NIKE INC (NKE) | 1.0% | — | −1.0 pts | −43,165 sh | −100% |
| Exited | AMAZON COM INC (AMZN) | 0.9% | — | −0.9 pts | −12,680 sh | −100% |
| New | JANUS HENDERSON GROUP PLC (JHG) | — | 0.9% | +0.9 pts | +53,673 sh | new |
| New | CONFLUENT INC (CFLT) | — | 0.8% | +0.8 pts | +78,821 sh | new |
| New | DIAMOND HILL INVT GROUP INC (DHIL) | — | 0.8% | +0.8 pts | +14,059 sh | new |
| Reduced | FERGUSON ENTERPRISES INC (FERG) | 1.0% | 0.2% | −0.8 pts | −10,691 sh | −78% |
| New | SEALED AIR CORP NEW (SEE) | — | 0.8% | +0.8 pts | +57,042 sh | new |
| New | ALEXANDER & BALDWIN INC NEW (ALEX) | — | 0.8% | +0.8 pts | +114K sh | new |
| New | SEMRUSH HLDGS INC (SEMR) | — | 0.8% | +0.8 pts | +198K sh | new |
| New | NORDSON CORP (NDSN) | — | 0.8% | +0.8 pts | +9,733 sh | new |
| New | CSG SYS INTL INC (CSGS) | — | 0.8% | +0.8 pts | +30,408 sh | new |
| New | JAMF HLDG CORP (JAMF) | — | 0.8% | +0.8 pts | +179K sh | new |
| New | DENNYS CORP (DENN) | — | 0.8% | +0.8 pts | +372K sh | new |
| Exited | PFIZER INC (PFE) | 0.8% | — | −0.8 pts | −96,156 sh | −100% |
| Exited | MERIDIANLINK INC (MLNK) | 0.8% | — | −0.8 pts | −122K sh | −100% |
| Exited | HONEYWELL INTL INC (HON) | 0.8% | — | −0.8 pts | −11,558 sh | −100% |
| Exited | VERINT SYS INC (VRNT) | 0.8% | — | −0.8 pts | −117K sh | −100% |
| Exited | STAAR SURGICAL CO (STAA) | 0.8% | — | −0.8 pts | −87,151 sh | −100% |
| New | UNITEDHEALTH GROUP INC (UNH) | — | 0.8% | +0.8 pts | +6,410 sh | new |
| Exited | TEGNA INC (TGNA) | 0.7% | — | −0.7 pts | −111K sh | −100% |
| New | SHERWIN WILLIAMS CO (SHW) | — | 0.7% | +0.7 pts | +6,422 sh | new |
| New | KROGER CO (KR) | — | 0.7% | +0.7 pts | +32,537 sh | new |
| Increased | AMICUS THERAPEUTICS INC (FOLD) | 0.1% | 0.9% | +0.8 pts | +142K sh | +533% |
| Reduced | CITIGROUP INC (C) | 1.1% | 0.6% | −0.5 pts | −17,285 sh | −54% |
| Increased | EVENTBRITE INC (EB) | 0.0% | 0.8% | +0.7 pts | +448K sh | +1085% |
| Exited | BRISTOL-MYERS SQUIBB CO (BMY) | 0.7% | — | −0.7 pts | −47,603 sh | −100% |
| Exited | INTERNATIONAL FLAVORS&FRAGRA (IFF) | 0.7% | — | −0.7 pts | −34,620 sh | −100% |
| Exited | ZIMVIE INC (ZIMV) | 0.7% | — | −0.7 pts | −106K sh | −100% |
| Exited | DUTCH BROS INC (BROS) | 0.7% | — | −0.7 pts | −38,322 sh | −100% |
| Exited | CORTEVA INC (CTVA) | 0.7% | — | −0.7 pts | −29,658 sh | −100% |
| New | CIDARA THERAPEUTICS INC (CDTX) | — | 0.7% | +0.7 pts | +8,357 sh | new |
| Exited | PERFORMANT HEALTHCARE INC (PFMT) | 0.7% | — | −0.7 pts | −257K sh | −100% |
| Exited | KEURIG DR PEPPER INC (KDP) | 0.6% | — | −0.6 pts | −73,636 sh | −100% |
| New | MAXIMUS INC (MMS) | — | 0.6% | +0.6 pts | +19,856 sh | new |
| New | UBER TECHNOLOGIES INC (UBER) | — | 0.6% | +0.6 pts | +20,463 sh | new |
| New | CLEANSPARK INC (CLSK) | — | 0.6% | +0.6 pts | +165K sh | new |
| New | VAIL RESORTS INC (MTN) | — | 0.6% | +0.6 pts | +12,283 sh | new |
| Reduced | SOHO HOUSE & CO INC (SHCO) | 0.8% | 0.3% | −0.5 pts | −182K sh | −67% |
| New | EXACT SCIENCES CORP (EXAS) | — | 0.6% | +0.6 pts | +15,835 sh | new |
| Reduced | AIR LEASE CORP (AL) | 0.8% | 0.3% | −0.5 pts | −25,025 sh | −67% |
| Reduced | DAYFORCE INC (DAY) | 0.8% | 0.3% | −0.5 pts | −23,007 sh | −67% |
| New | FORGE GLOBAL HOLDINGS INC (FRGE) | — | 0.6% | +0.6 pts | +34,914 sh | new |
| Exited | S&P GLOBAL INC (SPGI) | 0.5% | — | −0.5 pts | −3,396 sh | −100% |
The 50 largest of 792 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 11.3% of the equity book
Changes in the top 10 this quarter: NFLX entered · MRVL entered · MU entered · JHG entered · FOLD entered · CFLT entered · DHIL entered · SEE entered · FCX left · GIS left · F left · CMCSA left · C left · FERG left · NKE left · AMZN left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SPDR SERIES TRUST (XBI) | 4.1% | 2.3% | |
| 2 | NETFLIX INC (NFLX) | 0.0% | 1.4% | Entered the top 10 |
| 3 | MARVELL TECHNOLOGY INC (MRVL) | 0.0% | 1.2% | Entered the top 10 |
| 4 | BOEING CO (BA) | 0.9% | 1.1% | |
| 5 | MICRON TECHNOLOGY INC (MU) | 0.7% | 1.0% | Entered the top 10 |
| 6 | JANUS HENDERSON GROUP PLC (JHG) | 0.0% | 0.9% | Entered the top 10 |
| 7 | AMICUS THERAPEUTICS INC (FOLD) | 0.1% | 0.9% | Entered the top 10 |
| 8 | CONFLUENT INC (CFLT) | 0.0% | 0.8% | Entered the top 10 |
| 9 | DIAMOND HILL INVT GROUP INC (DHIL) | 0.0% | 0.8% | Entered the top 10 |
| 10 | SEALED AIR CORP NEW (SEE) | 0.0% | 0.8% | Entered the top 10 |
| — | FREEPORT-MCMORAN INC (FCX) | 1.6% | 0.1% | Left the top 10 |
| — | GENERAL MLS INC (GIS) | 1.1% | 0.0% | Left the top 10 |
| — | FORD MTR CO (F) | 1.1% | 0.0% | Left the top 10 |
| — | COMCAST CORP NEW (CMCSA) | 1.1% | 0.0% | Left the top 10 |
| — | CITIGROUP INC (C) | 1.1% | 0.6% | Left the top 10 |
| — | FERGUSON ENTERPRISES INC (FERG) | 1.0% | 0.2% | Left the top 10 |
| — | NIKE INC (NKE) | 1.0% | 0.0% | Left the top 10 |
| — | AMAZON COM INC (AMZN) | 0.9% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Exited | DROPBOX INC (DBX 0 03/01/28) | Put | 4,000 | 0 | $0 |
| New | SNAP INC (SNAP) | Put | 0 | 12,000 | $96.8K |
| Exited | SNAP INC (SNAP 0.125 03/01/28) | Put | 12,000 | 0 | $0 |