Decagon Asset Management LLP 13F: Quarter-over-Quarter Portfolio Changes
Decagon Asset Management LLP reported a disclosed portfolio value of approximately $384.9 million in its latest SEC Form 13F-HR filing for Q1 2026, up 61.9% quarter on quarter. Over the quarter, the fund initiated 44 new positions, bought more shares in 14 holdings, trimmed 5 holdings, and exited 25 positions.
Decagon Asset Management LLP's top buy was a new stake in Penumbra INC (PEN) , equal to 14.3% of the disclosed portfolio. Its top sell was Exact Sciences CORP (EXK) . The fund exited the position completely after it had accounted for 14.8% of the previous portfolio.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
Top BuysQ1 2026
Showing the top 10 buys among 14 existing positions where the fund bought more shares in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| EGH ACQUISITION CORP. | EGHAR | +0.0% | +240.2% | Holders → |
| MASTERBRAND INC | MBC | +-0.2% | +102.8% | History → |
| NORFOLK SOUTHN CORP | NSC | +2.0% | +86.2% | History → |
| EVOLUTION GLOBAL ACQUISITION | EVOXW | +-0.0% | +75.6% | Holders → |
| OAKTREE ACQUISITION CORP III | OACC | +-0.3% | +48.4% | History → |
| KOCHAV DEFENSE ACQUI CO | KCHVR | +-0.0% | +43.6% | Holders → |
| PROCAP ACQUISITION CORP | PCAPW | +-0.0% | +40.3% | Holders → |
| BAIN CAP GSS INVT CORP | BCSS/WS | +-0.0% | +39.7% | — |
| GSR IV ACQUISITION CORP | GSRFR | +-0.0% | +30.7% | Holders → |
| KOCHAV DEFENSE ACQUI CO | KCHV | +-0.5% | +24.5% | Holders → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| IB ACQUISITION CORP | IBACR | -0.0% | 65.3% | Holders → |
| NEW PROVIDENCE ACQUISITION C | NPACW | -0.0% | 56.6% | Holders → |
| HOLOGIC INC | HO1 | -10.2% | 44.8% | History → |
| TEXAS VENTURES ACQUISITION I | TVACW | -0.1% | 22.7% | Holders → |
| SBC MED GROUP HLDGS INC | SBCWW | -0.0% | 20.0% | Holders → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| EXACT SCIENCES CORP | EXK | 14.8% |
| CYBERARK SOFTWARE LTD | CYBR | 7.7% |
| AVIDITY BIOSCIENCES INC | RNAGBP | 7.4% |
| YORKVILLE ACQUISITION CORP. | MCGA | 5.2% |
| INFLECTION POINT ACQUISITION | MRLN | 3.7% |
| NEW AMER ACQUISITION I CORP | NWAX/U | 3.2% |
| CRANE HBR ACQUISITION CORP | CHAC | 3.0% |
| MOUNTAIN LAKE ACQUISITION CO | MLAC | 2.9% |
| KARBON CAP PARTNERS CORP | KBONU | 2.2% |
| TGE VALUE CREATIVE SOLUTIONS | BEBE/U | 1.8% |
| PELICAN ACQUISITION CORP | SYN_G6993G103 | 1.6% |
| INFLECTION PT ACQUISITION CO | IPCX | 1.5% |
| NEW PROVIDENCE ACQUISITION C | NPAC | 1.2% |
| WILLOW LANE ACQUISITION CORP | WLAC | 1.1% |
| SAFEGUARD ACQUISITION CORP | SAC/U | 0.9% |
| CRANE HBR ACQUISITION CORP | CHACR | 0.1% |
| AMERICAN EXCEPTIONALISM ACQU | AEXA | 0.1% |
| PELICAN ACQUISITION CORP | PELIR | 0.1% |
| CALISA ACQUISITION CORP | ALIS | 0.0% |
| EQV VENTURES ACQUISITION COR | SYN_G3106N117 | 0.0% |
| STONEBRIDGE ACQUISITION II C | APAC | 0.0% |
| BTC DEV CORP | BDCI | 0.0% |
| AI INFRASTRUCTURE ACQUISI | AIIA | 0.0% |
| HIGHVIEW MERGER CORP | HVMC | 0.0% |
| FUTURE VISION II ACQUISITION | FVNNR | 0.0% |
Net Portfolio Value ChangeQ1 2026
- $0.2BPrior quarter
- $0.4BCurrent quarter
- +$0.1BNet delta
- +61.9%% change
Methodology & FAQ
How Decagon Asset Management LLP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Decagon Asset Management LLP: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did Decagon Asset Management LLP buy in Q1 2026?
In Q1 2026, Decagon Asset Management LLP initiated 44 new positions (PENUMBRA INC (PEN), ELECTRONIC ARTS INC (EA), CLEARWATER ANALYTICS HOLDINGS INC (CWAN), MISTER CAR WASH INC (MCW), COLOMBIER ACQUISITION CORP I (CLBR), CHART INDS INC (GTLS), APEX TECH ACQUISITION INC (TRAD/U), GALAXYEDGE ACQUISITION CORP (GLED/U), BHAV ACQUISITION CORP (BHAVU), NEW AMER ACQUISITION I CORP COM (NWAX), M EVO GBL ACQUISITION CORP I (MEVO), FUTURE MONEY ACQUISITION COR (FMACU), HELIX ACQUISITION CORP III (HLXC), GIGCAPITAL9 CORP (GIX), PONO CAP FOUR INC (PONOU), KARBON CAP PARTNERS CORP (KBON), TGE VALUE CREATIVE SOLUTIONS (BEBE), XFLH CAP CORP (XFLH), METALS ACQUISITION CORP II (MTAL/U), NEWBRIDGE ACQUISITION LTD (NBRG), IDEA ACQUISITION CORP (IACOU), PRAETORIAN ACQUISITION CORP (PTOR), RF ACQUISITION CORP III (RFAM), NEW AMER ACQUISITION I CORP (NWAX/WS), COLOMBIER ACQUISITION CORP I (CLBR/WS), GIGCAPITAL9 CORP (GIXXR), M EVO GBL ACQUISITION CORP I (MEVOW), IRIS ACQUISITION CORP II (IRAB/WS), KARBON CAP PARTNERS CORP (KBONW), TGE VALUE CREATIVE SOLUTIONS (BEBE/WS), BLACK SPADE ACQUISITION III (BIII/WS), SAFEGUARD ACQUISITION CORP (SAC/WS), NEWBRIDGE ACQUISITION LTD (NBRGR), STONEBRIDGE ACQUISITION II C (APACR), AI INFRASTRUCTURE ACQUISI (AIIA-R), XFLH CAP CORP (XFLH-R), D BORAL ACQUISITION I CORP (DBCAW), PRAETORIAN ACQUISITION CORP (PTORW), HIGHVIEW MERGER CORP (HVMCW), BTC DEV CORP (BDCIW), SOREN ACQUISITION CORP (SORNW), DIGITAL ASSET ACQUISITION CO (DAAQW), RF ACQUISITION CORP III (RFAMR), CALISA ACQUISITION CORP (ALISR)); bought more shares of EGH ACQUISITION CORP. (EGHAR), MASTERBRAND INC (MBC), NORFOLK SOUTHN CORP (NSC), EVOLUTION GLOBAL ACQUISITION (EVOXW), OAKTREE ACQUISITION CORP III (OACC) — the largest 5 of 14 adds.
What stocks did Decagon Asset Management LLP sell in Q1 2026?
In Q1 2026, Decagon Asset Management LLP fully sold 25 positions (EXACT SCIENCES CORP (EXK), CYBERARK SOFTWARE LTD (CYBR), AVIDITY BIOSCIENCES INC (RNAGBP), YORKVILLE ACQUISITION CORP. (MCGA), INFLECTION POINT ACQUISITION (MRLN), NEW AMER ACQUISITION I CORP (NWAX/U), CRANE HBR ACQUISITION CORP (CHAC), MOUNTAIN LAKE ACQUISITION CO (MLAC), KARBON CAP PARTNERS CORP (KBONU), TGE VALUE CREATIVE SOLUTIONS (BEBE/U), PELICAN ACQUISITION CORP (SYN_G6993G103), INFLECTION PT ACQUISITION CO (IPCX), NEW PROVIDENCE ACQUISITION C (NPAC), WILLOW LANE ACQUISITION CORP (WLAC), SAFEGUARD ACQUISITION CORP (SAC/U), CRANE HBR ACQUISITION CORP (CHACR), AMERICAN EXCEPTIONALISM ACQU (AEXA), PELICAN ACQUISITION CORP (PELIR), CALISA ACQUISITION CORP (ALIS), EQV VENTURES ACQUISITION COR (SYN_G3106N117), STONEBRIDGE ACQUISITION II C (APAC), BTC DEV CORP (BDCI), AI INFRASTRUCTURE ACQUISI (AIIA), HIGHVIEW MERGER CORP (HVMC), FUTURE VISION II ACQUISITION (FVNNR)); reduced holdings in IB ACQUISITION CORP (IBACR), NEW PROVIDENCE ACQUISITION C (NPACW), HOLOGIC INC (HO1), TEXAS VENTURES ACQUISITION I (TVACW), SBC MED GROUP HLDGS INC (SBCWW).
Which positions did Decagon Asset Management LLP initiate in Q1 2026?
Decagon Asset Management LLP established 44 new positions in Q1 2026: PENUMBRA INC (PEN, 14.3%), ELECTRONIC ARTS INC (EA, 7.1%), CLEARWATER ANALYTICS HOLDINGS INC (CWAN, 7.0%), MISTER CAR WASH INC (MCW, 5.3%), COLOMBIER ACQUISITION CORP I (CLBR, 3.9%), CHART INDS INC (GTLS, 2.8%), APEX TECH ACQUISITION INC (TRAD/U, 2.6%), GALAXYEDGE ACQUISITION CORP (GLED/U, 2.6%), BHAV ACQUISITION CORP (BHAVU, 2.6%), NEW AMER ACQUISITION I CORP COM (NWAX, 2.3%), M EVO GBL ACQUISITION CORP I (MEVO, 2.3%), FUTURE MONEY ACQUISITION COR (FMACU, 2.2%), HELIX ACQUISITION CORP III (HLXC, 2.1%), GIGCAPITAL9 CORP (GIX, 1.9%), PONO CAP FOUR INC (PONOU, 1.7%), KARBON CAP PARTNERS CORP (KBON, 1.7%), TGE VALUE CREATIVE SOLUTIONS (BEBE, 1.2%), XFLH CAP CORP (XFLH, 1.1%), METALS ACQUISITION CORP II (MTAL/U, 0.9%), NEWBRIDGE ACQUISITION LTD (NBRG, 0.9%), IDEA ACQUISITION CORP (IACOU, 0.8%), PRAETORIAN ACQUISITION CORP (PTOR, 0.6%), RF ACQUISITION CORP III (RFAM, 0.3%), NEW AMER ACQUISITION I CORP (NWAX/WS, 0.1%), COLOMBIER ACQUISITION CORP I (CLBR/WS, 0.0%), GIGCAPITAL9 CORP (GIXXR, 0.0%), M EVO GBL ACQUISITION CORP I (MEVOW, 0.0%), IRIS ACQUISITION CORP II (IRAB/WS, 0.0%), KARBON CAP PARTNERS CORP (KBONW, 0.0%), TGE VALUE CREATIVE SOLUTIONS (BEBE/WS, 0.0%), BLACK SPADE ACQUISITION III (BIII/WS, 0.0%), SAFEGUARD ACQUISITION CORP (SAC/WS, 0.0%), NEWBRIDGE ACQUISITION LTD (NBRGR, 0.0%), STONEBRIDGE ACQUISITION II C (APACR, 0.0%), AI INFRASTRUCTURE ACQUISI (AIIA-R, 0.0%), XFLH CAP CORP (XFLH-R, 0.0%), D BORAL ACQUISITION I CORP (DBCAW, 0.0%), PRAETORIAN ACQUISITION CORP (PTORW, 0.0%), HIGHVIEW MERGER CORP (HVMCW, 0.0%), BTC DEV CORP (BDCIW, 0.0%), SOREN ACQUISITION CORP (SORNW, 0.0%), DIGITAL ASSET ACQUISITION CO (DAAQW, 0.0%), RF ACQUISITION CORP III (RFAMR, 0.0%), CALISA ACQUISITION CORP (ALISR, 0.0%).
Which existing positions saw the largest allocation increases for Decagon Asset Management LLP in Q1 2026?
Of 14 existing positions with share-count increases in Q1 2026, the largest were: EGH ACQUISITION CORP. (EGHAR, +0.0% weight, +240.2% shares), MASTERBRAND INC (MBC, +-0.2% weight, +102.8% shares), NORFOLK SOUTHN CORP (NSC, +2.0% weight, +86.2% shares), EVOLUTION GLOBAL ACQUISITION (EVOXW, +-0.0% weight, +75.6% shares), OAKTREE ACQUISITION CORP III (OACC, +-0.3% weight, +48.4% shares), KOCHAV DEFENSE ACQUI CO (KCHVR, +-0.0% weight, +43.6% shares), PROCAP ACQUISITION CORP (PCAPW, +-0.0% weight, +40.3% shares), BAIN CAP GSS INVT CORP (BCSS/WS, +-0.0% weight, +39.7% shares), GSR IV ACQUISITION CORP (GSRFR, +-0.0% weight, +30.7% shares), KOCHAV DEFENSE ACQUI CO (KCHV, +-0.5% weight, +24.5% shares).
Which positions did Decagon Asset Management LLP fully exit in Q1 2026?
Decagon Asset Management LLP fully exited 25 positions in Q1 2026: EXACT SCIENCES CORP (EXK, last-reported weight 14.8%), CYBERARK SOFTWARE LTD (CYBR, last-reported weight 7.7%), AVIDITY BIOSCIENCES INC (RNAGBP, last-reported weight 7.4%), YORKVILLE ACQUISITION CORP. (MCGA, last-reported weight 5.2%), INFLECTION POINT ACQUISITION (MRLN, last-reported weight 3.7%), NEW AMER ACQUISITION I CORP (NWAX/U, last-reported weight 3.2%), CRANE HBR ACQUISITION CORP (CHAC, last-reported weight 3.0%), MOUNTAIN LAKE ACQUISITION CO (MLAC, last-reported weight 2.9%), KARBON CAP PARTNERS CORP (KBONU, last-reported weight 2.2%), TGE VALUE CREATIVE SOLUTIONS (BEBE/U, last-reported weight 1.8%), PELICAN ACQUISITION CORP (SYN_G6993G103, last-reported weight 1.6%), INFLECTION PT ACQUISITION CO (IPCX, last-reported weight 1.5%), NEW PROVIDENCE ACQUISITION C (NPAC, last-reported weight 1.2%), WILLOW LANE ACQUISITION CORP (WLAC, last-reported weight 1.1%), SAFEGUARD ACQUISITION CORP (SAC/U, last-reported weight 0.9%), CRANE HBR ACQUISITION CORP (CHACR, last-reported weight 0.1%), AMERICAN EXCEPTIONALISM ACQU (AEXA, last-reported weight 0.1%), PELICAN ACQUISITION CORP (PELIR, last-reported weight 0.1%), CALISA ACQUISITION CORP (ALIS, last-reported weight 0.0%), EQV VENTURES ACQUISITION COR (SYN_G3106N117, last-reported weight 0.0%), STONEBRIDGE ACQUISITION II C (APAC, last-reported weight 0.0%), BTC DEV CORP (BDCI, last-reported weight 0.0%), AI INFRASTRUCTURE ACQUISI (AIIA, last-reported weight 0.0%), HIGHVIEW MERGER CORP (HVMC, last-reported weight 0.0%), FUTURE VISION II ACQUISITION (FVNNR, last-reported weight 0.0%).
Which existing positions saw the largest allocation reductions for Decagon Asset Management LLP in Q1 2026?
Of 5 existing positions with share-count reductions in Q1 2026, the largest were: IB ACQUISITION CORP (IBACR, -0.0% weight, -65.3% shares), NEW PROVIDENCE ACQUISITION C (NPACW, -0.0% weight, -56.6% shares), HOLOGIC INC (HO1, -10.2% weight, -44.8% shares), TEXAS VENTURES ACQUISITION I (TVACW, -0.1% weight, -22.7% shares), SBC MED GROUP HLDGS INC (SBCWW, -0.0% weight, -20.0% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.