Luxor Capital Group, LP
Luxor Capital Group, LP is a hedge fund and asset management firm headquartered in New York City, NY. Founded by Christian Leone, it manages multi-billion-dollar assets for institutional investors and high-net-worth individuals. The firm is known for providing tailored investment solutions and strategic asset allocation, with a workforce of about 22 employees as of 2024. Its headquarters are located at 1114 Avenue of the Americas, Floor 8, New York, NY 10036.
Investment Strategy
Luxor Capital Group focuses on global marketplace investments with an emphasis on strategic asset allocation and risk management. Its approach includes investing in public and private markets, distressed assets, and event-driven opportunities. The firm designs customized portfolios based on rigorous market analysis, aiming to deliver risk-adjusted returns by capitalizing on market dislocations, special situations, and undervalued assets. Luxor’s philosophy is to employ flexible, opportunistic investment strategies tailored to client needs, while rigorously controlling portfolio risk.
Top Holdings
Equity Positions (39)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
D DASH | DOORDASH INC | 12.99% | $176.2M | 714,629 | $171.47 | $246.51 | +$46.5M |
I INTA | INTAPP INC | 6.08% | $82.5M | 1,598,828 | $53.93 | $51.62 | -$14.5M |
F FIP | FTAI INFRASTRUCTURE INC | 3.02% | $40.9M | 6,629,575 | $5.20 | $6.17 | -$2.1M |
F FUN | SIX FLAGS ENTERTAINMENT CORP | 2.96% | $40.2M | 1,319,649 | $34.08 | $30.43 | +$11.3M |
C CPNG | COUPANG INC | 2.63% | $35.7M | 1,191,155 | $24.24 | $29.96 | -$6.9M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
I IWM | ISHARES TR | Bought | Put | $243.6M | 11,290 | $215.79 | $215.86 | +3,320 | +$84.6M |
A AMZN | AMAZON COM INC | Bought | Call | $126.1M | 5,750 | $219.39 | $219.39 | +5,750 | +$126.1M |
C CPNG | COUPANG INC | Bought | Call | $74.5M | 24,850 | $29.96 | $27.75 | +17,100 | +$57.5M |
S SPY | SPDR S&P 500 ETF TR | Sold | Put | $47.3M | 765 | $617.85 | $554.35 | -3,530 | -$193.0M |
M META | META PLATFORMS INC | Bought | Call | $36.9M | 500 | $738.09 | $738.09 | +500 | +$36.9M |