Cinctive Capital Management LP

New York, NY · CIK 1787258 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2019 · limited partnership

Assets managed$3.1bn
Staff66 · 42 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $3.1bn gross assets
Websitecinctive.com
Form ADV · 2026-07-30SEC adviser record

Legal entityCINCTIVE CAPITAL MANAGEMENT LP (US)

$2.5bn reported value +64.9% vs Q1 2026

400positions

15.9%in top 10

207 new 114 added 73 reduced 156 sold out vs Q1 2026

Options: 6 call positions ($33.0m notional), 4 put positions ($175.9m notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VISTRA CORP COM VST	VST	487,551	$77.3m3.08%	3.08%	Added +247.9k	+247,859 103.4%
2	ISHARES TR RUSSELL 2000 ETF IWM	IWM	175,100	$52.6m2.10%	2.10%	New
3	APOGEE THERAPEUTICS INC COM COM		350,165	$46.5m1.85%	1.85%	New
4	PACKAGING CORP AMER COM PKG	PKG	144,946	$34.5m1.38%	1.38%	New
5	HOME DEPOT INC COM HD	HD	96,438	$34.0m1.36%	1.36%	Added +14.2k	+14,162 17.2%
6	LIFEZONE METALS LIMITED ORD SHS LZM	LZM	8,375,231	$32.5m1.30%	1.30%	Added +700.0k	+700,000 9.1%
7	CHURCHILL DOWNS INC COM CHDN	CHDN	346,859	$31.1m1.24%	1.24%	Added +317.5k	+317,460 1079.8%
8	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	327,924	$30.2m1.20%	1.20%	Added +220.3k	+220,267 204.6%
9	NUVALENT INC COM COM		240,806	$29.7m1.19%	1.19%	New
10	CSX CORP COM CSX	CSX	612,269	$29.1m1.16%	1.16%	Added +333.2k	+333,159 119.4%
11	EROCK INC CL A COM EROC	EROC	1,947,261	$28.2m1.13%	1.13%	New
12	AMERICAN INTL GROUP INC COM NEW AIG	AIG	374,110	$27.9m1.11%	1.11%	Added +273.8k	+273,825 273.1%
13	NEXTERA ENERGY INC COM NEE	NEE	309,368	$27.2m1.08%	1.08%	New
14	ROSS STORES INC COM ROST	ROST	124,550	$26.5m1.06%	1.06%	Added +30.8k	+30,835 32.9%
15	NIQ GLOBAL INTELLIGENCE PLC ORDINARY SHARES NIQ	NIQ	2,720,765	$25.4m1.01%	1.01%	Added +1.9m	+1,899,980 231.5%
16	SEMPRA COM SRE	SRE	256,049	$23.7m0.95%	0.95%	Added +74.8k	+74,795 41.3%
17	CAPITAL ONE FINL CORP COM COF	COF	116,903	$23.5m0.94%	0.94%	Added +79.6k	+79,575 213.2%
18	TAMBORAN RES CORP COM TBN	TBN	655,326	$21.3m0.85%	0.85%	Added +553.3k	+553,315 542.4%
19	EXXON MOBIL CORP COM XOM	XOM	155,611	$21.3m0.85%	0.85%	Added +142.1k	+142,142 1055.3%
20	INTERNATIONAL PAPER CO COM IP	IP	538,653	$20.5m0.82%	0.82%	New
21	BEST BUY INC COM BBY	BBY	257,299	$19.5m0.78%	0.78%	Added +240.7k	+240,665 1446.8%
22	MERCK & CO INC COM MRK	MRK	150,456	$19.3m0.77%	0.77%	Added +133.7k	+133,749 800.6%
23	SHERWIN WILLIAMS CO COM SHW	SHW	54,346	$18.7m0.75%	0.75%	New
24	STARBUCKS CORP COM SBUX	SBUX	180,924	$18.5m0.74%	0.74%	Added +105.1k	+105,136 138.7%
25	BUNGE GLOBAL SA COM SHS BG	BG	173,203	$18.5m0.74%	0.74%	New
26	VERTIV HOLDINGS CO COM CL A VRT	VRT	55,010	$18.4m0.73%	0.73%	Added +54.1k	+54,063 5708.9%
27	JABIL INC COM JBL	JBL	47,406	$18.3m0.73%	0.73%	New
28	ABBVIE INC COM ABBV	ABBV	71,352	$18.0m0.72%	0.72%	New
29	RB GLOBAL INC COM RBA	RBA	152,133	$17.7m0.71%	0.71%	Added +60.5k	+60,467 66.0%
30	AMER SPORTS INC COM SHS AS	AS	518,438	$17.5m0.70%	0.70%	Added +451.5k	+451,460 674.0%
31	KINDER MORGAN INC DEL COM KMI	KMI	545,571	$17.4m0.70%	0.70%	New
32	RICE ACQUISITION CORP 3 ORD SHS CL A KRSP	KRSP	1,654,849	$17.4m0.69%	0.69%	Unchanged
33	MARTIN MARIETTA MATLS INC COM MLM	MLM	29,991	$17.3m0.69%	0.69%	New
34	INSMED INC COM PAR $.01 INSM	INSM	161,996	$17.3m0.69%	0.69%	Added +88.9k	+88,933 121.7%
35	SENTINELONE INC CL A S	S	1,001,199	$17.0m0.68%	0.68%	New
36	FLAGSTAR FINANCIAL INC COM NEW FLG	FLG	1,125,229	$16.8m0.67%	0.67%	Added +433.3k	+433,321 62.6%
37	VALLEY NATL BANCORP COM VLY	VLY	1,145,015	$16.8m0.67%	0.67%	Added +787.7k	+787,695 220.4%
38	BUILDERS FIRSTSOURCE INC COM BLDR	BLDR	187,390	$16.8m0.67%	0.67%	Added +32.2k	+32,235 20.8%
39	US BANCORP DEL COM NEW USB	USB	276,840	$16.7m0.67%	0.67%	Added +134.6k	+134,628 94.7%
40	SELECT WATER SOLUTIONS INC CL A COM WTTR	WTTR	810,952	$16.2m0.65%	0.65%	Added +206.6k	+206,628 34.2%
41	COLGATE PALMOLIVE CO COM CL	CL	172,996	$15.9m0.63%	0.63%	Added +141.3k	+141,294 445.7%
42	BIOGEN INC COM BIIB	BIIB	72,793	$15.7m0.63%	0.63%	Added +53.4k	+53,444 276.2%
43	UNITED AIRLS HLDGS INC COM UAL	UAL	109,438	$14.9m0.59%	0.59%	Added +29.2k	+29,209 36.4%
44	AMAZON COM INC COM AMZN	AMZN	61,796	$14.7m0.59%	0.59%	Added +52.3k	+52,342 553.6%
45	ITT INC COM ITT	ITT	73,400	$14.5m0.58%	0.58%	Added +64.9k	+64,867 760.2%
46	ELI LILLY & CO COM LLY	LLY	11,910	$14.3m0.57%	0.57%	Added +1.9k	+1,902 19.0%
47	GFL ENVIRONMENTAL INC SUB VTG SHS GFL	GFL	386,515	$14.2m0.57%	0.57%	New
48	MANHATTAN ASSOCIATES INC COM MANH	MANH	101,103	$14.1m0.56%	0.56%	Added +73.9k	+73,900 271.7%
49	TARGET CORP COM TGT	TGT	106,395	$13.9m0.55%	0.55%	Reduced -87.6k	-87,615 -45.2%
50	ON HLDG AG NAMEN AKT A ONON	ONON	381,805	$13.5m0.54%	0.54%	Added +123.5k	+123,476 47.8%
51	YETI HLDGS INC COM YETI	YETI	268,325	$13.3m0.53%	0.53%	Added +116.3k	+116,277 76.5%
52	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	26,712	$13.3m0.53%	0.53%	Added +21.7k	+21,663 429.1%
53	FIVE BELOW INC COM FIVE	FIVE	73,616	$13.2m0.53%	0.53%	Added +24.7k	+24,742 50.6%
54	SENSIENT TECHNOLOGIES CORP COM SXT	SXT	107,202	$13.2m0.53%	0.53%	New
55	TIMKEN CO COM TKR	TKR	90,535	$13.2m0.52%	0.52%	Added +37.2k	+37,219 69.8%
56	NEXSTAR MEDIA GROUP INC COMMON STOCK NXST	NXST	73,041	$13.0m0.52%	0.52%	Added +60.3k	+60,257 471.4%
57	SOLV ENERGY INC COM SHS CL A MWH	MWH	368,697	$12.6m0.50%	0.50%	Added +165.7k	+165,658 81.6%
58	PURE STORAGE INC CL A P	P	154,978	$12.2m0.49%	0.49%	New
59	HF SINCLAIR CORP COM DINO	DINO	175,257	$12.2m0.49%	0.49%	Added +19.9k	+19,897 12.8%
60	LIVERAMP HLDGS INC COM RAMP	RAMP	319,963	$12.0m0.48%	0.48%	New
61	GLAUKOS CORP COM GKOS	GKOS	85,070	$11.9m0.47%	0.47%	New
62	CYTOKINETICS INC COM NEW CYTK	CYTK	137,838	$11.7m0.47%	0.47%	Added +102.8k	+102,776 293.1%
63	AERCAP HOLDINGS NV SHS AER	AER	80,314	$11.7m0.47%	0.47%	New
64	ULTA BEAUTY INC COM ULTA	ULTA	25,533	$11.5m0.46%	0.46%	New
65	DOLLAR GEN CORP NEW COM DG	DG	99,916	$11.5m0.46%	0.46%	New
66	UNION PAC CORP COM UNP	UNP	41,593	$11.3m0.45%	0.45%	Added +32.8k	+32,790 372.5%
67	RTX CORPORATION COM RTX	RTX	57,734	$11.0m0.44%	0.44%	Added +20.6k	+20,605 55.5%
68	ATLANTA BRAVES HLDGS INC COM SER C BATRK	BATRK	209,325	$10.9m0.43%	0.43%	Added +42.0k	+42,036 25.1%
69	JOHNSON & JOHNSON COM JNJ	JNJ	41,948	$10.7m0.42%	0.42%	Added +7.3k	+7,280 21.0%
70	SAMSARA INC COM CL A IOT	IOT	326,753	$10.6m0.42%	0.42%	New
71	WINGSTOP INC COM WING	WING	58,971	$10.2m0.41%	0.41%	Added +18.1k	+18,079 44.2%
72	SMUCKER J M CO COM NEW SJM	SJM	90,282	$10.2m0.41%	0.41%	New
73	TETRA TECHNOLOGIES INC DEL COM TTI	TTI	896,080	$10.2m0.40%	0.40%	Added +844.6k	+844,591 1640.3%
74	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	85,071	$10.0m0.40%	0.40%	New
75	AMERICAN EAGLE OUTFITTERS IN COM AEO	AEO	572,318	$9.8m0.39%	0.39%	Added +345.0k	+345,029 151.8%
76	UNITY SOFTWARE INC COM U	U	343,257	$9.8m0.39%	0.39%	Added +314.2k	+314,231 1082.6%
77	VERSIGENT PLC ORDINARY SHARES VGNT	VGNT	226,288	$9.5m0.38%	0.38%	New
78	SELECT SECTOR SPDR TR RL EST SEL SEC XLRE	XLRE	215,433	$9.5m0.38%	0.38%	New
79	NVIDIA CORPORATION COM NVDA	NVDA	47,297	$9.5m0.38%	0.38%	Reduced -93.2k	-93,227 -66.3%
80	JBS N.V. CL A SHS JBS	JBS	790,125	$9.4m0.37%	0.37%	Added +436.6k	+436,605 123.5%
81	SERVICENOW INC COM NOW	NOW	94,133	$9.3m0.37%	0.37%	New
82	BANK AMERICA CORP COM BAC	BAC	161,868	$9.2m0.37%	0.37%	New
83	ISHARES TR 20 YR TR BD ETF TLT	TLT	106,550	$9.2m0.37%	0.37%	Added +103.5k	+103,550 3451.7%
84	ONESPAWORLD HOLDINGS LIMITED COM OSW	OSW	325,771	$9.2m0.37%	0.37%	New
85	ROYAL CARIBBEAN GROUP COM RCL	RCL	28,926	$9.2m0.37%	0.37%	New
86	MONSTER BEVERAGE CORP NEW COM MNST	MNST	92,889	$8.9m0.36%	0.36%	Added +86.0k	+85,985 1245.4%
87	ABBOTT LABS COM ABT	ABT	97,812	$8.9m0.35%	0.35%	New
88	HUBBELL INC COM HUBB	HUBB	16,651	$8.7m0.35%	0.35%	New
89	VISA INC COM CL A V	V	25,383	$8.7m0.35%	0.35%	New
90	CHARTER COMMUNICATIONS INC N CL A CHTR	CHTR	61,054	$8.7m0.35%	0.35%	New
91	CAMECO CORP COM CCJ	CCJ	84,968	$8.7m0.35%	0.35%	New
92	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	49,366	$8.4m0.34%	0.34%	New
93	TRANSDIGM GROUP INC COM TDG	TDG	6,308	$8.4m0.34%	0.34%	New
94	CHURCH & DWIGHT CO INC COM CHD	CHD	86,346	$8.4m0.33%	0.33%	New
95	WATERS CORP COM WAT	WAT	22,035	$8.3m0.33%	0.33%	New
96	CHEMOURS CO COM CC	CC	401,633	$8.2m0.33%	0.33%	Added +320.2k	+320,159 393.0%
97	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	20,463	$8.1m0.32%	0.32%	Added +2.0k	+2,028 11.0%
98	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	16,213	$8.1m0.32%	0.32%	Added +5.2k	+5,227 47.6%
99	ROIVANT SCIENCES LTD SHS ROIV	ROIV	226,140	$8.0m0.32%	0.32%	Reduced -48.4k	-48,381 -17.6%
100	DELTA AIR LINES INC DEL COM NEW DAL	DAL	83,650	$7.8m0.31%	0.31%	Added +10.2k	+10,202 13.9%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
FORGENT POWER SOLUTIONS INC FPS	FPS	1,074,925	$31.5m1.1m shares
CONSTELLATION ENERGY CORP CEG	CEG	77,828	$21.7m77.8k shares
WARNER BROS DISCOVERY INC WBD	WBD	694,591	$19.1m694.6k shares
NORTHERN TR CORP NTRS	NTRS	115,609	$16.1m115.6k shares
CLOUDFLARE INC NET	NET	74,460	$15.4m74.5k shares
TRI POINTE HOMES INC TPH	TPH	328,600	$15.4m328.6k shares
APPLIED MATLS INC AMAT	AMAT	39,469	$13.5m39.5k shares
ABERCROMBIE & FITCH CO ANF	ANF	136,893	$12.5m136.9k shares
BRIDGEBIO PHARMA INC BBIO	BBIO	145,728	$10.8m145.7k shares
ACADEMY SPORTS & OUTDOORS IN ASO	ASO	179,000	$10.1m179.0k shares
TC ENERGY CORP TRP	TRP	160,114	$10.0m160.1k shares
MACOM TECH SOLUTIONS HLDGS I MTSI	MTSI	44,137	$9.8m44.1k shares
DAY ONE BIOPHARMACEUTICALS I		450,000	$9.6m450.0k shares
DANAHER CORPORATION DHR	DHR	50,796	$9.6m50.8k shares
ARCELLX INC ACLX	ACLX	80,000	$9.2m80.0k shares
GREAT LAKES DREDGE & DOCK CO GLDD	GLDD	500,000	$8.5m500.0k shares
SCHWAB CHARLES CORP SCHW	SCHW	87,113	$8.2m87.1k shares
TWILIO INC TWLO	TWLO	64,999	$8.2m65.0k shares
DOLLAR TREE INC DLTR	DLTR	70,484	$7.7m70.5k shares
CARLYLE GROUP INC CG	CG	155,284	$7.5m155.3k shares
REGENERON PHARMACEUTICALS REGN	REGN	9,278	$7.2m9.3k shares
TAPESTRY INC TPR	TPR	49,472	$7.0m49.5k shares
PUBLIC SVC ENTERPRISE GRP IN PEG	PEG	85,613	$6.9m85.6k shares
DATADOG INC DDOG	DDOG	57,636	$6.8m57.6k shares
BRISTOL-MYERS SQUIBB CO BMY	BMY	110,079	$6.7m110.1k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	175,200	$130.8m175.2k shares	New
INVESCO QQQ TR QQQ · Put	QQQ	Put	51,100	$37.6m51.1k shares	New
NVIDIA CORPORATION NVDA · Call	NVDA	Call	109,500	$21.9m109.5k shares	New
HUMANA INC HUM · Put	HUM	Put	14,600	$5.8m14.6k shares	New
TYSON FOODS INC TSN · Call	TSN	Call	58,400	$3.3m58.4k shares	New
OPTION CARE HEALTH INC OPCH · Call	OPCH	Call	146,000	$3.1m146.0k shares	New
ISHARES SILVER TR SLV · Call	SLV	Call	51,509	$2.8m51.5k shares	New
ISHARES TR IGV · Put	IGV	Put	17,513	$1.6m17.5k shares	New
HIMS & HERS HEALTH INC HIMS · Call	HIMS	Call	43,800	$1.5m43.8k shares	New
CHARGEPOINT HOLDINGS INC CHPT · Call	CHPT	Call	75,000	$443.2k75.0k shares	New

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
LIFEZONE METALS LIMITED LZM · 13G · filed 2026-05-15	LZM	11.8%≈ $40.5m	+0.8 pts	13G	2026-05-15
NEONC TECHNOLOGIES HLDGS INC NTHI · 13G · filed 2026-05-15	NTHI	10.0%≈ $11.3m	new	13G	2026-05-15