DOSSIER · 13F-HR · Q1 2026

TENOR CAPITAL MANAGEMENT Co., L.P.

TENOR , L.P.'s hedge fund based in Omaha, NE $6.5B in tracked AUM across 501 positions as of Q1 2026.

T,
TENOR , L.P.·Omaha, NE·Hedge Fund
CIK 0001346554 · last filed Mar 31, 2026
Total AUM
$6.5B
17.9%
vs prior
Holdings
501
positions
Whale Score
62
62
tracked
Activity
no data
changes this Q
Top sector
Financials
50% weight
concentration
AI Analysis · Q1 2026 · Q1 2026
Portfolio Overview

Tenor Capital Management Co., L.P. manages a concentrated yet diversified portfolio valued at approximately $7.60 billion as of September 30, 2025. The fund experienced modest growth of 2.6% during the quarter, increasing assets under management from $7.41 billion. The portfolio consists of 381 individual holdings, suggesting a "core and satellite" approach where a large number of smaller positions surround a select group of major investments.

The portfolio exhibits a "ba...

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
LITE 0.5 12/15/26
LUMENTUM HLDGS INC
$390M55.1M6.0%
02
TDOC 1.25 06/01/27
TELADOC HEALTH INC
$182M188.7M2.8%
03
U 0 11/15/26
UNITY SOFTWARE INC
$132M135.4M2.0%
04
MIRM 4 05/01/29
MIRUM PHARMACEUTICALS INC
$132M43.8M2.0%
05$122M125.0M1.9%
06
SHAK 0 03/01/28
SHAKE SHACK INC
$116M122.9M1.8%
07
VTR 3.75 06/01/26
VENTAS RLTY LTD PARTNERSHIP
$114M75.0M1.8%
08
AKAM 0.375 09/01/27
AKAMAI TECHNOLOGIES INC
$110M94.5M1.7%
09
BMRN 1.25 05/15/27
BIOMARIN PHARMACEUTICAL INC
$108M111.5M1.7%
10
JBTM 0.25 05/15/26
JBT MAREL CORPORATION
$100M100.0M1.5%

Filing history

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