Invenomic Capital Management LP
SEC Form 13F institutional filer · CIK 0001769456
13F-HR · 22 reported holdings · 2026-03-31
Reported long-US-equity value
$0.53B
Top-10 concentration
84.2%
Invenomic Capital Management LP — $526M AUM allocation strategy
Invenomic Capital Management LP files SEC Form 13F and reports $526M of long US equity value across 22 reported holdings for 2026-03-31.
Its largest sector bet is Financials 32.3%, followed by Information Technology 32.1% and Health Care 23.5%.
The top 10 holdings account for 84% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Invenomic Capital Management LP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$526M
total across 22 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
84% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$FIS +776K sh · +$31.3M+$FISV +338K sh · +$15.6M+$CRM +179K sh · +$29.9M
Biggest trims (shares)
−$VTRS −2.36M sh · −$26M−$AKAM −266K sh · −$12M−$PYPL −250K sh · −$16.6M
Exited to nil (held last quarter, gone now)
$MOS ($16.3M last qtr)$BAX ($14.3M last qtr)$VZ ($8.7M last qtr)$ALGN ($7.28M last qtr)$GNRC ($6.53M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Transaction & Payment Processing Services28.9%—
- Application Software22.3%—
- Internet Services & Infrastructure8.8%—
- Pharmaceuticals8.3%—
- Advertising6.4%—
- Health Care Facilities6.3%—
- Health Care Technology5.0%—
- Oil & Gas Exploration & Production3.7%—
- Other holdings10.4%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $WDAY | Workday Inc | 560K | $72.7M | — | 13.8% |
| $GPN | Global Payments Inc | 915K | $61.5M | +117K | 11.7% |
| $FIS | Fidelity National Information Services Inc | 1.03M | $48.5M | +776K | 9.2% |
| $AKAM | Akamai Technologies Inc | 406K | $46.6M | -266K | 8.9% |
| $VTRS | Viatris Inc | 3.23M | $43.6M | -2.36M | 8.3% |
| $CRM | Salesforce Inc | 224K | $41.7M | +179K | 7.9% |
| $FISV | Fiserv Inc | 625K | $34.9M | +338K | 6.6% |
| $OMC | Omnicom Group Inc | 447K | $33.7M | -8.6K | 6.4% |
| $UHS | Universal Health Services Inc | 185K | $33.1M | — | 6.3% |
| $SOLV | Solventum Corporation | 401K | $26.2M | — | 5.0% |
…and 12 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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