Hedge fund

Invenomic Capital Management LP

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 1769456

Reported value: $1.7bn
Positions we cover: 104
Copy, a year: +17.1%
Copy Sharpe ratio: 0.63

How copying its 13F would have done

CopyS&P 500 $10,000 copying Invenomic Capital Management LP's filed holdings in companies we cover from February 21, 2020, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −40.7% (S&P 500 −31.0%); beta 1.09; alpha +2.4% a year (t = 0.43); last 12 months +26.8% against +12.1%.

Reported value by quarter

Invenomic Capital Management LP: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2019-12-31	$248.1M
2020-03-31	$119.1M
2020-06-30	$134.6M
2020-09-30	$138.7M
2020-12-31	$167.1M
2021-03-31	$206.9M
2021-06-30	$225.2M
2021-09-30	$281.1M
2021-12-31	$425.5M
2022-03-31	$717.2M
2022-06-30	$1.2B
2022-09-30	$1.2B
2022-12-31	$1.4T
2023-03-31	$1.8B
2023-06-30	$1.8B
2023-09-30	$2.4B
2023-12-31	$1.9B
2024-03-31	$1.9B
2024-06-30	$1.9B
2024-09-30	$1.8B
2024-12-31	$1.8B
2025-03-31	$2B
2025-06-30	$1.8B
2025-09-30	$1.9B
2025-12-31	$2.1B
2026-03-31	$2.2B
2026-06-30	$1.7B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
GPNGlobal Payments	3.82%	$64.0m	881.6K	−3.6% Reduced
UHSUniversal Health Services	3.79%	$63.5m	427.3K	+130.8% Added
WDAYWorkday, Inc.	3.48%	$58.3m	476.1K	−15.0% Reduced
XRAYDentsply Sirona Inc.	3.11%	$52.1m	4.91M	+11.8% Added
SPSCSPS Commerce Inc	2.97%	$49.7m	869.4K	+229.2% Added
PVHPVH Corp.	2.55%	$42.7m	575.3K	−24.6% Reduced
BDXBecton Dickinson	2.47%	$41.3m	273.2K	New
FISFidelity National Information Services	2.46%	$41.2m	1.06M	+2.6% Added
CHTRCharter Communications	2.40%	$40.2m	282.4K	New
EGOEldorado Gold Corp	2.15%	$36.0m	1.16M	−19.3% Reduced
OMCOmnicom Group	2.08%	$34.9m	479.2K	+7.2% Added
LYFTLyft, Inc.	2.05%	$34.3m	2.35M	−19.7% Reduced
BILLBILL Holdings, Inc.	1.96%	$32.9m	908.8K	−12.1% Reduced
CLVTClarivate PLC	1.84%	$30.8m	14.26M	+7.1% Added
CRMSalesforce	1.81%	$30.3m	193.3K	−13.5% Reduced
INGMIngram Micro Holding Corp	1.77%	$29.6m	1.08M	−21.9% Reduced
INTUIntuit	1.66%	$27.8m	106.6K	New
VTRSViatris	1.65%	$27.6m	1.74M	−46.2% Reduced
CNMDConmed Corp	1.65%	$27.6m	842.2K	−9.9% Reduced
OCOwens Corning	1.52%	$25.5m	160.6K	−8.7% Reduced
FISVFiserv	1.52%	$25.5m	520.2K	−16.8% Reduced
SONSonoco Products Co	1.48%	$24.7m	438.2K	−0.3%
ABMABM Industries Inc	1.41%	$23.5m	532.1K	−4.8% Reduced
NOMDNomad Foods Ltd	1.37%	$22.9m	2.09M	+6.9% Added
STSensata Technologies Holding plc	1.34%	$22.4m	470.2K	−50.5% Reduced
MNDYMonday.com Ltd.	1.26%	$21.0m	290.7K	+45.0% Added
INGRIngredion Inc	1.25%	$20.9m	220.5K	−15.4% Reduced
UPWKUpwork, Inc	1.20%	$20.1m	2.41M	+25.7% Added
HURNHuron Consulting Group Inc.	1.19%	$19.8m	220.1K	New
DOLEDole plc	1.17%	$19.6m	1.43M	−18.7% Reduced
PATHUipath, Inc.	1.16%	$19.4m	1.79M	+9.2% Added
FIVNFive9, Inc.	1.14%	$19.0m	892.7K	−4.7% Reduced
DLODlocal Ltd	1.08%	$18.1m	1.40M	+446.4% Added
PRGSProgress Software Corp	1.03%	$17.2m	511.2K	New
LZLegalzoom.com, Inc.	0.98%	$16.4m	2.68M	−8.5% Reduced
HAEHaemonetics Corp	0.97%	$16.2m	216.2K	−67.5% Reduced
ENOVEnovis Corp	0.95%	$16.0m	772.0K	−14.5% Reduced
TNCTennant Co	0.95%	$16.0m	182.4K	−47.8% Reduced
COURCoursera, Inc.	0.94%	$15.8m	2.80M	−21.2% Reduced
PENNPenn Entertainment, Inc.	0.94%	$15.8m	738.5K	−52.2% Reduced
CMCSAComcast	0.92%	$15.5m	629.8K	+619.7% Added
ZBHZimmer Biomet	0.92%	$15.4m	178.7K	+5.3% Added
GENGen Digital Inc.	0.91%	$15.2m	610.3K	+132.1% Added
GEHCGE HealthCare	0.89%	$14.9m	233.0K	New
PRUPrudential Financial	0.87%	$14.6m	135.4K	+13.1% Added
KBRKBR, Inc.	0.76%	$12.8m	369.5K	New
RYZRyerson Holding Corp	0.75%	$12.5m	508.0K	−21.1% Reduced
CHWYChewy, Inc.	0.72%	$12.1m	614.0K	New
CXTCrane NXT, Co.	0.71%	$12.0m	233.9K	+57.9% Added
MDTMedtronic	0.71%	$11.9m	152.3K	New
HUBSHubspot Inc	0.71%	$11.9m	65.1K	+148.5% Added
SSTKShutterstock, Inc.	0.69%	$11.5m	822.7K	−4.3% Reduced
CALCaleres Inc	0.67%	$11.2m	902.6K	−18.2% Reduced
IARTIntegra Lifesciences Holdings Corp	0.62%	$10.4m	579.0K	−42.7% Reduced
HELEHelen Of Troy LTD	0.62%	$10.4m	357.5K	−45.0% Reduced
MKTXMarketaxess Holdings Inc	0.61%	$10.3m	90.4K	New
MTNVail Resorts Inc	0.61%	$10.2m	75.2K	−31.9% Reduced
FLGTFulgent Genetics, Inc.	0.61%	$10.2m	498.3K	−18.4% Reduced
MATVMativ Holdings, Inc.	0.61%	$10.2m	1.35M	−30.3% Reduced
FLOFlowers Foods Inc	0.60%	$10.0m	1.27M	+10.6% Added
SSNCSS&C Technologies Holdings Inc	0.59%	$9.9m	159.3K	New
DNOWDnow Inc.	0.59%	$9.8m	756.6K	New
ACHAccendra Health Inc	0.57%	$9.6m	2.81M	−16.5% Reduced
MMacy's, Inc.	0.56%	$9.4m	397.4K	−62.2% Reduced
FUNSix Flags Entertainment Corporation	0.55%	$9.2m	431.4K	−69.8% Reduced
ROCKGibraltar Industries, Inc.	0.55%	$9.2m	203.4K	+11.1% Added
SPTSprout Social, Inc.	0.49%	$8.2m	1.09M	−6.2% Reduced
BBYBest Buy	0.47%	$7.9m	104.3K	New
DMCDEL Monte Corp	0.47%	$7.9m	281.9K	+63.6% Added
EPCEdgewell Personal Care Co	0.43%	$7.2m	266.7K	−46.1% Reduced
LOVELovesac Co	0.41%	$6.9m	413.3K	−11.4% Reduced
OTISOtis Worldwide	0.40%	$6.6m	92.6K	+44.5% Added
CLWClearwater Paper Corp	0.39%	$6.6m	420.4K	+38.2% Added
IOVAIovance Biotherapeutics, Inc.	0.37%	$6.2m	1.48M	−82.5% Reduced
VITLVital Farms, Inc.	0.37%	$6.1m	526.9K	New
SLGNSilgan Holdings Inc	0.36%	$6.1m	131.7K	New
PCGPG&E Corporation	0.35%	$5.9m	350.5K	New
EVTCEvertec, Inc.	0.35%	$5.9m	210.8K	New
WDWalker & Dunlop, Inc.	0.35%	$5.8m	106.9K	New
MTBM&T Bank	0.34%	$5.6m	23.6K	−18.4% Reduced
KRNTKornit Digital Ltd.	0.33%	$5.5m	337.1K	−74.8% Reduced
RBLXRoblox Corp	0.32%	$5.4m	99.4K	New
WSBCWesbanco Inc	0.32%	$5.3m	135.6K	−21.4% Reduced
UCBUnited Community Banks Inc	0.30%	$5.0m	141.2K	−21.3% Reduced
SFMSprouts Farmers Market, Inc.	0.29%	$4.8m	57.2K	−18.5% Reduced
BRBRBellring Brands, Inc.	0.28%	$4.8m	367.8K	+109.8% Added
IQVIQVIA	0.27%	$4.6m	23.6K	−18.4% Reduced
FVRRFiverr International Ltd.	0.22%	$3.7m	359.4K	−20.9% Reduced
SBHSally Beauty Holdings, Inc.	0.20%	$3.3m	230.7K	−19.1% Reduced
EMNEastman Chemical Co	0.19%	$3.2m	48.3K	−18.5% Reduced
FORForestar Group Inc.	0.18%	$3.1m	97.5K	−25.3% Reduced
WIXWix.com Ltd.	0.18%	$3.0m	66.9K	−84.2% Reduced
DSPViant Technology Inc.	0.16%	$2.6m	207.3K	−25.1% Reduced
ASIXAdvansix Inc.	0.15%	$2.5m	128.0K	−59.2% Reduced
GNTXGentex Corp	0.13%	$2.2m	88.4K	−18.9% Reduced
TBITrueblue, Inc.	0.13%	$2.2m	318.8K	−22.1% Reduced
QSQuantumscape Corp	0.13%	$2.2m	293.7K	−18.9% Reduced
HURCHurco Companies Inc	0.12%	$2.1m	91.0K	−22.1% Reduced
RGPResources Connection, Inc.	0.12%	$2.0m	476.7K	−21.6% Reduced
FOXFFOX Factory Holding Corp	0.12%	$1.9m	114.1K	New
MMSMaximus, Inc.	0.11%	$1.8m	34.0K	New
EGHT8x8 Inc	0.08%	$1.4m	818.8K	−57.4% Reduced
AVDAmerican Vanguard Corp	0.01%	$177,377	63.3K	−84.8% Reduced
UFIUnifi Inc	0.01%	$119,947	25.3K	−93.7% Reduced

Company	Bought (value)	Shares
BDXBecton Dickinson	$41.3m	273.2K
CHTRCharter Communications	$40.2m	282.4K
UHSUniversal Health Services	$36.0m	242.2K
SPSCSPS Commerce Inc	$34.6m	605.3K
INTUIntuit	$27.8m	106.6K
HURNHuron Consulting Group Inc.	$19.8m	220.1K
PRGSProgress Software Corp	$17.2m	511.2K
GEHCGE HealthCare	$14.9m	233.0K
DLODlocal Ltd	$14.8m	1.14M
CMCSAComcast	$13.3m	542.3K
KBRKBR, Inc.	$12.8m	369.5K
CHWYChewy, Inc.	$12.1m	614.0K
MDTMedtronic	$11.9m	152.3K
MKTXMarketaxess Holdings Inc	$10.3m	90.4K
SSNCSS&C Technologies Holdings Inc	$9.9m	159.3K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
CHRDChord Energy Corp	−$73.2m	−515.1K
TFXTeleflex Inc	−$52.2m	−436.1K
AKAMAkamai Technologies	−$46.6m	−405.6K
HAEHaemonetics Corp	−$33.6m	−448.5K
RNGRingcentral, Inc.	−$30.2m	−812.3K
IOVAIovance Biotherapeutics, Inc.	−$29.2m	−7.01M
ACHCAcadia Healthcare Company, Inc.	−$27.7m	−1.18M
RAMPLiveramp Holdings, Inc.	−$26.8m	−1.01M
SOLVSolventum	−$26.2m	−401.2K
SNAPSnap Inc	−$24.2m	−5.26M
VTRSViatris	−$23.7m	−1.49M
STSensata Technologies Holding plc	−$22.9m	−480.1K
FUNSix Flags Entertainment Corporation	−$21.2m	−994.8K
COPConocoPhillips	−$19.3m	−146.2K
RRXRegal Rexnord Corp	−$18.2m	−97.1K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
CHRDChord Energy Corp	$73.2m	515.1K
TFXTeleflex Inc	$52.2m	436.1K
AKAMAkamai Technologies	$46.6m	405.6K
RNGRingcentral, Inc.	$30.2m	812.3K
ACHCAcadia Healthcare Company, Inc.	$27.7m	1.18M
RAMPLiveramp Holdings, Inc.	$26.8m	1.01M
SOLVSolventum	$26.2m	401.2K
SNAPSnap Inc	$24.2m	5.26M
COPConocoPhillips	$19.3m	146.2K
RRXRegal Rexnord Corp	$18.2m	97.1K
SSYSStratasys LTD.	$15.9m	2.04M
VSTSVestis Corp	$15.8m	2.01M
PRKSUnited Parks & Resorts Inc.	$11.6m	353.8K
ZDZiff Davis, Inc.	$10.9m	260.4K
LAZLazard, Inc.	$10.9m	256.8K
CARTMaplebear Inc.	$9.6m	255.0K
PCTYPaylocity Holding Corp	$9.3m	85.9K
OVVOvintiv Inc.	$9.1m	153.5K
BLBlackline, Inc.	$8.7m	235.0K
WTWisdomtree, Inc.	$8.5m	581.5K
PRAAPRA Group Inc	$7.1m	407.4K
PYPLPayPal	$7.0m	154.8K
QTRXQuanterix Corp	$6.8m	1.93M
MANHManhattan Associates Inc	$6.7m	50.7K
MGMistras Group, Inc.	$6.7m	452.6K
PINSPinterest, Inc.	$6.3m	343.1K
WLTHWealthfront Corp	$6.0m	643.3K
JBSSSanfilippo John B & SON Inc	$5.9m	73.9K
ECVTEcovyst Inc.	$5.4m	418.3K
MLRMiller Industries Inc	$5.2m	114.9K

Technology25.9%
Health Care19.9%
Industrials13.3%
Financials11.1%
Consumer Discretionary8.8%
Communication Services7.9%
Consumer Staples6.3%
Materials6.2%
Utilities0.4%
Real Estate0.2%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 21, 2020 to November 2, 2026	+17.1%	+14.6%	0.63	0.66	−40.7%	1.09
Last three yearsNovember 3, 2023 to November 2, 2026	+15.7%	+21.8%	0.63	1.16	−21.4%	0.87
Last yearNovember 7, 2025 to November 2, 2026	+29.2%	+14.2%	1.25	0.84	−10.7%	0.79

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.