1y return+47.4%S&P 500 +20.9%
3y return+112.0%S&P 500 +68.5%
5y return+95.7%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2016: $319 against $334 in the S&P 500.2
Rubric Capital Management LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| TLNTalen Energy Corp | $1.4B | 12.7% | |
| Ftai Aviation LtdCUSIP G3730V105 | $811.6M | 7.4% | +16.5% |
| VTRSViatris Inc | $542.6M | 5.0% | +2.0% |
| Teva Pharmaceutical Inds LtdCUSIP 881624209 | $527.7M | 4.8% | +2.1% |
| Golar Lng LtdCUSIP G9456A100 | $457.5M | 4.2% | |
| VSTVistra Corp | $284.7M | 2.6% | +19.7% |
| TACTransalta Corp | $279.8M | 2.6% | +13.8% |
| FLRFluor Corp | $262.9M | 2.4% | New |
| Kiniksa Pharmaceuticals IntlCUSIP G52694109 | $255.8M | 2.3% | +6.7% |
| BGCBgc Group Inc | $254.4M | 2.3% | +2.1% |
| ZMZoom Communications Inc | $238.7M | 2.2% | +176.3% |
| GILGildan Activewear Inc | $232.2M | 2.1% | +222.4% |
| ARQTArcutis Biotherapeutics Inc | $216.9M | 2.0% | |
| AMZNAmazon Com Inc | $214.5M | 2.0% | New |
| Roivant Sciences LtdCUSIP G76279101 | $212.3M | 1.9% | +20.0% |
| ZYMEZymeworks Inc | $183.0M | 1.7% | |
| Amcor PLCCUSIP G0250X149 | $180.4M | 1.7% | +227.9% |
| Cimpress PLCCUSIP G2143T103 | $178.0M | 1.6% | +7.4% |
| AMRXAmneal Pharmaceuticals Inc | $176.0M | 1.6% | −7.9% |
| NRIXNurix Therapeutics Inc | $175.3M | 1.6% | +192.2% |
| MCYMercury Genl Corp New | $164.3M | 1.5% | −28.5% |
| PFSIPennymac Finl Svcs Inc New | $148.1M | 1.4% | +3006.3% |
| IARTIntegra Lifesciences Hldgs C | $139.3M | 1.3% | |
| DKDelek Us Hldgs Inc New | $136.5M | 1.3% | |
| Liberty Global LtdCUSIP G61188101 | $133.6M | 1.2% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AMRXAmneal Pharmaceuticals Inc | June 30, 2023 | +458.4% | $176.0M |
| Roivant Sciences LtdCUSIP G76279101 | December 31, 2022 | +342.9% | $212.3M |
| Teva Pharmaceutical Inds LtdCUSIP 881624209 | March 31, 2023 | +282.8% | $527.7M |
| Golar Lng LtdCUSIP G9456A100 | June 30, 2021 | +276.2% | $457.5M |
| Kiniksa Pharmaceuticals IntlCUSIP G52694109 | June 30, 2024 | +242.5% | $255.8M |
| ZYMEZymeworks Inc | December 31, 2022 | +232.6% | $183.0M |
| DKDelek Us Hldgs Inc New | September 30, 2024 | +171.0% | $136.5M |
| Ftai Aviation LtdCUSIP G3730V105 | March 31, 2025 | +143.7% | $811.6M |
| Cimpress PLCCUSIP G2143T103 | June 30, 2025 | +116.4% | $178.0M |
| TLNTalen Energy Corp | September 30, 2024 | +115.6% | $1.4B |
Sold off last quarter
- CEGConstellation Energy Corp was $199.7M
- AKAMAkamai Technologies Inc was $149.3M
- TDSTelephone & Data Sys Inc was $77.9M
- PTGXProtagonist Therapeutics Inc was $45.1M
- Calavo Growers IncCUSIP 128246105 was $36.5M
- TSATTelesat Corp was $30.5M
- BMRNBiomarin Pharmaceutical Inc was $24.9M
- INDVIndivior Pharmaceuticals Inc was $20.2M
- ACHCAcadia Healthcare Company In was $19.9M
- Capri Holdings LimitedCUSIP G1890L107 was $11.9M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +14.1% | +14.8% |
| March 31, 2026 | +0.9% | −4.6% |
| December 31, 2025 | +5.4% | +2.4% |
| September 30, 2025 | +21.5% | +7.8% |
| June 30, 2025 | +12.4% | +10.5% |
| March 31, 2025 | −9.9% | −4.6% |
| December 31, 2024 | +7.3% | +2.1% |
| September 30, 2024 | +11.0% | +5.4% |
| June 30, 2024 | −2.2% | +4.0% |
| March 31, 2024 | +6.8% | +10.0% |
| December 31, 2023 | +11.3% | +11.2% |
| September 30, 2023 | +2.5% | −3.6% |
| June 30, 2023 | +5.6% | +8.3% |
| March 31, 2023 | +3.7% | +7.0% |
| December 31, 2022 | +8.0% | +7.1% |
| September 30, 2022 | −1.2% | −5.3% |
| June 30, 2022 | −16.3% | −16.5% |
| March 31, 2022 | −1.7% | −4.9% |
| December 31, 2021 | −0.2% | +10.7% |
| September 30, 2021 | −3.7% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Rubric Capital Management LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1687509&type=13F-HR&dateb=&owner=include&count=40CIK 1687509
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1687509/000110465926097098/Filed August 14, 2026 · accession 0001104659-26-097098