683 Capital Management, LLC

2. Key Holdings

The portfolio is characterized by a few high-conviction positions that dominate the asset allocation.

• Palantir Technologies Inc (PLTR): This is the undisputed crown jewel of the portfolio, valued at $206.9 million and comprising 17.25% of total assets. The firm aggressively increased this position by 65.5% (adding $113.5 million) during the quarter. This massive accumulation indicates strong conviction in Palantir's AI and government software growth trajectory.
• Tesla Inc (TSLA): The second-largest holding, representing 7.81% of the portfolio ($93.6 million). While no specific change data was provided for the stake size in the summary, its retention as a top-tier position alongside Palantir suggests a tilt toward disruptive technology and consumer cyclicals.
• Capital One Financial Corp (COF): The largest financial holding, valued at $85.0 million (7.09% of the portfolio). This represents a steady bet on the financial sector, with a minor increase of 0.9% during the quarter.
• UniQure NV (QURE) & Alnylam Pharmaceuticals (ALNY): These are the primary healthcare anchors, representing 5.21% and 5.16% of the portfolio, respectively. However, the firm reduced exposure to UniQure by 19.1% and Alnylam by 4.0%, potentially taking profits or rebalancing after strong performance.