ARMISTICE CAPITAL, LLC

CIK 0001601086 · Q2 2026

13F Equity AUM

$8.1B

+46.3% QoQ

Positions

321

+71 QoQ

AUM Rank

#602

Top 7%

Skill Alpha (FF)

+1.8%/yr^ns

No Clear Edge

Rank #1,450 · Top 17%

vs S&P +1.6%/yr (unadj.)

Quarters Tracked

~11 years

Portfolio Concentration

Top 5: 57.9%Top 10: 64.9%Top 20: 73.4%

SPY29.4%

IWM21.4%

CYTK2.9%

AGIO2.4%

MDGL1.9%

PTCT1.7%

SUPN1.5%

TVTX1.4%

INCY1.3%

NBIX1.1%

Others (311)35.1%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services50.9%

Healthcare34.6%

Technology7.3%

Consumer Cyclical3.4%

Other3.8%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 321Median: 0.02%Avg: 0.31%

0–0.5%

292(21.5%)

0.5–1%

18(12.5%)

1–3%

9(15.2%)

3–5%

0(0.0%)

5%+

2(50.8%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 0Unique: 321vs 20 funds

0%Low

321

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Loading overlap analysis...

Position Changes This Quarter

New169Increased72Decreased64Exited97

New Positions

WAT0.3%

+75K

ILMN0.2%

+91K

PBV0.2%

+336K

FWONK0.2%

+165K

ITGR0.2%

+168K

LYV0.2%

+82K

NVO0.2%

+312K

TWST0.2%

+142K

MRVL0.1%

+40K

TTWO0.1%

+50K

Increased

VSTM0.3%

+2.4M(+53%)

IWM21.4%

+2.3M(+66%)

MLYS0.9%

+1.6M(+136%)

NTLA0.3%

+1.2M(+346%)

SPY29.4%

+1.1M(+52%)

SLDB0.5%

+1.1M(+34%)

ZETA0.2%

+954K(+8678%)

CYTK2.9%

+917K(+51%)

ARVN0.3%

+818K(+41%)

SNY0.6%

+764K(+255%)

Decreased

ERNEXA THERAPEUTICS …0.0%

-3,840,000(-96%)

IMVT1.0%

-3,328,916(-61%)

TVTX1.4%

-2,824,878(-58%)

PENN0.2%

-1,806,000(-73%)

FIVN0.4%

-1,306,000(-46%)

IRWD0.7%

-1,096,000(-7%)

MGNX0.3%

-1,005,248(-17%)

AUTL0.3%

-800,000(-5%)

S0.6%

-742,188(-21%)

PTCT1.7%

-733,054(-30%)

Exited

-2,000,000

-1,236,000

-564,857

-1,200,000

Holdings

Loading holdings...