Helix Partners Management LP

CIK 1995612 · View on SEC EDGAR ↗

Portfolio value
$744.1M
#2,973 of 9,443 by 13F value · top 31.5%
Positions
15
As of
June 30, 2026

Portfolio value QoQ: +99.1% 13F does not disclose cash

Top 10 holdings weight
97.29%
Top 25 holdings weight
100.00%
Positions above 1%
11
Effective number of positions
5.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 17.59% Est. buys $402,445,064 · sells $98,334,950

Median holding: 1.0 quarters Tracked Q4 2024–Q2 2026 · 41.7% still held

New positions
8
Increased
4
Decreased
1
Closed
6

Put-notional exposure: 46.7% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

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Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+119.2%
S&P 500 total return (same window)
+28.1%
Excess return
+91.1%

Annualized: +69.0% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 97.0% · Options excluded: 52.3%

Sector breakdown

Technology
27.7%
Real Estate
16.1%
Communication Services
4.4%
Financial Services
2.1%
Health Care
0.2%
N/A
0.1%
Other/Unmapped
49.4%

Full portfolio 15 positions

Type Streak 8Q trend
SPY SPY $238,966,400 32.11% 320,000 Put option $92,639,900 Up ×4
CORZ Core Scientific, Inc. - Common Stock $116,434,500 15.65% 4,550,000 $50,445,940 Up ×1
Unknown issuer (CUSIP: 67623C307) $94,379,155 12.68% 5,551,715 Up ×1
SVC Service Properties Trust - Shares of Beneficial Interest $92,443,000 12.42% 54,700,000 Up ×1
CORZ Core Scientific, Inc. - Common Stock $63,975,000 8.60% 2,500,000 Put option Up ×1
IWM $34,551,750 4.64% 115,000 Put option
GNL Global Net Lease, Inc. Common Stock $27,015,178 3.63% 3,021,832 $-1,269,170
CORZ Core Scientific, Inc. - Common Stock $25,590,000 3.44% 1,000,000 Call option Up ×1
COF Capital One Financial Corporation Common Stock $15,467,802 2.08% 77,100 $1,402,449
SATS EchoStar Corporation - Common stock $15,149,687 2.04% 149,258 $-6,077,445 Down ×5
SATS EchoStar Corporation - Common stock $10,150,000 1.36% 100,000 Put option Up ×1
WBD Warner Bros. Discovery, Inc. - Series A Common Stock $3,999,000 0.54% 150,000 Up ×1
OPTU Optimum Communications, Inc. Class A common stock $3,654,000 0.49% 2,520,000 $1,444,000 Up ×2
CYH Community Health Systems, Inc. Common Stock $1,336,000 0.18% 400,000 $748,000 Up ×1
MBAV M3-Brigade Acquisition V Corp. - Class A Ordinary shares $999,999 0.13% 300,300 Up ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
SPY $238,966,400 32.11% up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: 67623C307) $94,379,155 5,551,715 12.68%
SVC $92,443,000 54,700,000 12.42%
CORZ $63,975,000 2,500,000 8.60%
IWM $34,551,750 115,000 4.64%
CORZ $25,590,000 1,000,000 3.44%
SATS $10,150,000 100,000 1.36%
WBD $3,999,000 150,000 0.54%
MBAV $999,999 300,300 0.13%

Top movers (QoQ)

Security Action Shares Δ Value Δ
SPY Bought more +95K +$92.6M
CORZ Bought more +139K +$50.4M
SATS Trimmed -32K -$6.1M
OPTU Bought more +820K +$1.4M
COF Price move only +0 +$1.4M
GNL Price move only +0 -$1.3M
CYH Bought more +200K +$748K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
HYG March 31, 2025 2,300,000 $180,895,000 No longer tracked
QQQ June 30, 2026 122,500 $70,704,550
QQQ March 31, 2025 117,500 $60,069,525
IWM March 31, 2026 202,500 $49,847,400 No longer tracked
CIFR Sept. 30, 2025 4,404,900 $21,055,422 25.1%
AER March 31, 2025 75,000 $7,177,500 44.8%
CNK March 31, 2026 300,000 $6,972,000 32.6%
PFSI June 30, 2026 79,000 $6,904,600 -13.0%
SIRI March 31, 2025 276,375 $6,301,350 26.1%
HIW March 31, 2025 200,000 $6,116,000 5.0%
RCL June 30, 2026 20,900 $5,751,262 -7.2%
SLM Dec. 31, 2025 200,000 $5,536,000 -2.5%
SYF June 30, 2026 77,000 $5,237,540 0.6%
HUT March 31, 2025 194,489 $3,985,080 620.2%
CIFR June 30, 2026 279,200 $3,593,304 -35.7%
PDM June 30, 2026 439,787 $2,889,401 5.2%
KBE Sept. 30, 2025 45,000 $2,509,200 No longer tracked
KBWB Sept. 30, 2025 35,000 $2,506,700
FISV March 31, 2026 25,000 $1,679,250 -8.0%
UNITXXXX Sept. 30, 2025 200,000 $864,000 No longer tracked
IHRT Dec. 31, 2025 300,000 $861,000 -25.0%
HPP March 31, 2025 191,105 $579,048 -29.3%