Rubric Capital Management portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Rubric Capital Management reported a $10.9 bn portfolio of 84 companies (86 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are TLN, FTAI, VTRS. During the quarter it opened Fluor and Amazon.com and exited Constellation Energy and Akamai Technologies.
Sections with a free account
What it reported after the quarter end (Q2 2026)
The 13F shows the portfolio as of Jun 30, 2026. Since then Rubric Capital Management has filed these own trades with the SEC (Form 4, when it owns more than 10% of a company or holds a role in it) and stakes above 5% (13D and 13G). It is not everything it did: only what it must report before the next 13F.
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
What changed this quarter
74 positions with a change (18 new, 34 added to, 10 trimmed, 12 sold); also, 1 exited through an acquisition or merger. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Fluor+2.4 ppof portfolioNew— → 2.4%
- Amazon.com+2.0 ppof portfolioNew— → 2.0%
- Constellation Energy−1.8 ppof portfolioSold out2.4% → —
- Gildan Activewear+222%more sharesIncreased1.0% → 2.1%
- Zoom Communications+176%more sharesIncreased1.0% → 2.2%
- Akamai Technologies−1.4 ppof portfolioSold out1.8% → —
- PennyMac Financial Services+3,006%more sharesIncreased0.1% → 1.4%
- Amcor+228%more sharesIncreased0.6% → 1.7%
- Nurix Therapeutics+192%more sharesIncreased0.5% → 1.6%
- Ftai Aviation+16%more sharesIncreased7.7% → 7.4%
- Telephone and Data Systems−0.7 ppof portfolioSold out1.0% → —
- Ardelyx+771%more sharesIncreased0.1% → 0.8%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Talen EnergyTLN12.7%
- FTAI AviationFTAI7.4%
- ViatrisVTRS5.0%
- TEVA Pharmaceutical IndustriesTEVA4.8%
- Golar LNGGLNG4.2%
- Vistra OperationsVST2.6%
- TransaltaTAC2.6%
- FluorFLR2.4%
- Kiniksa Pharmaceuticals InternationalKNSA2.3%
- BGC GroupBGC2.3%
- Zoom CommunicationsZM2.2%
- Liberty GlobalLBTYA · LBTYK2.2%
- Gildan ActivewearGIL2.1%
- Arcutis BiotherapeuticsARQT2.0%
- Amazon.comAMZN2.0%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Health Care 33%
- ● Utilities 19%
- ● Industrials 15%
- ● Consumer Discretionary 7%
- ● Energy 6%
- ● Financials 6%
- ● Communication Services 4%
- ● Information Technology 4%
- ● Materials 3%
- ● Consumer Staples 2%
- ● Real Estate 1%
How its portfolio changed (8 quarters)
Q2 2026: 86
Q2 2026: 46%
Q2 2026: 15.4%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
Similar managers by type and size
Same type of filer and a 13F portfolio value between a third and three times this one. It is not a comparison of what they hold.
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