NEXPOINT ASSET MANAGEMENT, L.P.

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, NEXPOINT ASSET MANAGEMENT, L.P. maintained a portfolio of 131 distinct positions. The most significant new addition to the portfolio was CYBERARK SOFTWARE LT, which now represents 5.78% of the total fund value. They heavily accumulated shares in NEXPOINT REAL ESTATE, increasing their position by 9.9%. The fund also reduced its exposure to TALOS ENERGY INC by 61.0%.
PCA Score Concentration Risk
Risk ENB
Total Positions
131
Quarter
2025 Q4
Top Holding
NREF (9.3%)
Top 10 Concentration
50.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 131
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
NREF
NEXPOINT REAL E...
Real Estate 9.26% 10.58% #1
Prev: #1
7.7 852,271 9.9%
P
S
9,439,635 $132,910,062
$12.05 +12.8%
$13.58 +0.1%
2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
DAY
DAYFORCE INC
Technology 6.83% 1.30% #2 19
Prev: #21
7.2 1,198,996 550.4%
P
S
1,416,835 $97,988,309
$3.86 +4.6%
$3.89 +3.9%
2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CYBR
CYBERARK SOFTWA...
Technology 5.78% #3
Prev: #—
6.8 185,862 no change
NEW
185,862 $82,905,604 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RNA
AVIDITY BIOSCIE...
Healthcare 4.64% #4
Prev: #—
5.9 923,950 no change
NEW
923,950 $66,644,513 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HOLX
HOLOGIC INC
Healthcare 4.46% #5
Prev: #—
5.8 859,040 no change
NEW
859,040 $63,989,890 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CDTX
CIDARA THERAPEU...
Healthcare 4.31% #6
Prev: #—
5.2 279,900 no change
NEW
279,900 $61,827,111 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HI
HILLENBRAND INC
Industrials 4.24% #7
Prev: #—
5.2 1,916,660 no change
NEW
1,916,660 $60,796,455 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SEE
SEALED AIR CORP...
Consumer Cyclical 4.17% #8
Prev: #—
5.2 1,445,310 no change
NEW
1,445,310 $59,879,194 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FYBR
FRONTIER COMMUN...
Communication Services 3.62% 4.42% #9 4
Prev: #5
2.4 no change no change
P
S
1,363,323 $51,901,707 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EXAS
EXACT SCIENCES ...
Healthcare 3.44% #10
Prev: #—
4.9 485,990 no change
NEW
485,990 $49,357,144 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AL
AIR LEASE CORP
Industrials 3.42% 4.23% #11 5
Prev: #6
2.4 no change no change
P
S
764,898 $49,129,398 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EA
ELECTRONIC ARTS...
Communication Services 3.17% 2.73% #12 1
Prev: #11
3.8 67,080 43.0%
P
S
222,920 $45,549,244 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CFLT
CONFLUENT INC
Technology 2.91% #13
Prev: #—
4.7 1,382,600 no change
NEW
1,382,600 $41,809,824 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SEMR
SEMRUSH HLDGS I...
Technology 2.88% #14
Prev: #—
4.7 3,474,250 no change
NEW
3,474,250 $41,308,833 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JAMF
JAMF HLDG CORP
Technology 2.63% 0.07% #15 59
Prev: #74
4.1 2,829,700 3745.0%
P
S
2,905,260 $37,797,432 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BHF
BRIGHTHOUSE FIN...
Financial Services 2.60% #16
Prev: #—
4.5 576,508 no change
NEW
576,508 $37,351,953 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CWAN
CLEARWATER ANAL...
Technology 2.51% #17
Prev: #—
4.5 1,492,220 no change
NEW
1,492,220 $35,992,346 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GTLS
CHART INDS INC
Industrials 2.43% 3.32% #18 9
Prev: #9
1.5 -21,720 -11.4%
P
S
169,010 $34,854,932 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CSGS
CSG SYS INTL IN...
Technology 2.25% #19
Prev: #—
4.4 420,260 no change
NEW
420,260 $32,229,739 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PRA
PROASSURANCE CO...
Financial Services 2.24% 2.77% #20 10
Prev: #10
1.9 no change no change
P
S
1,328,990 $32,108,399 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TXNM
TXNM ENERGY INC
Utilities 2.07% 3.57% #21 14
Prev: #7
0.8 -222,257 -30.6%
P
S
503,403 $29,640,369 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NXRT
NEXPOINT RESIDE...
Real Estate 1.96% 2.62% #22 10
Prev: #12
1.8 no change no change
P
S
934,752 $28,136,035 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HFRO
HIGHLAND OPPS &...
Financial Services 1.53% 1.55% #23 5
Prev: #18
3.1 855,000 30.3%
P
S
3,673,047 $21,964,821 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NXDT
NEXPOINT DIVERS...
Real Estate 1.34% 1.57% #24 8
Prev: #16
1.0 123,634 2.5%
P
S
5,028,935 $19,260,821 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SHCO
SOHO HOUSE & CO...
Consumer Cyclical 1.13% 1.57% #25 8
Prev: #17
1.0 -233,168 -11.4%
P
S
1,805,182 $16,174,430 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ALEX
ALEXANDER & BAL...
Real Estate 0.93% #26
Prev: #—
3.9 646,139 no change
NEW
646,139 $13,336,309 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ET
ENERGY TRANSFER...
Energy 0.88% 1.14% #27 2
Prev: #25
1.4 no change no change
P
S
762,040 $12,566,040 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
WSR
WHITESTONE REIT
Real Estate 0.85% 0.93% #28 2
Prev: #30
1.3 no change no change
P
S
875,255 $12,157,292 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VST
VISTRA CORP
Utilities 0.84% 1.27% #29 7
Prev: #22
1.3 no change no change
P
S
74,500 $12,019,085 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TSAT
TELESAT CORP
Technology 0.80% 0.91% #30 3
Prev: #33
1.3 no change no change
P
S
396,623 $11,541,729 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FRMI
FERMI INC
Real Estate 0.73% #31
Prev: #—
3.8 1,301,478 no change
NEW
1,301,478 $10,411,824 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CEPU
CENTRAL PUERTO ...
Utilities 0.65% 0.37% #32 15
Prev: #47
1.3 no change no change
P
S
530,000 $9,275,000 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PLYM
PLYMOUTH INDL R...
Real Estate 0.60% #33
Prev: #—
3.7 390,301 no change
NEW
390,301 $8,539,786 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HESM
HESS MIDSTREAM ...
Energy 0.53% #34
Prev: #—
3.7 221,900 no change
NEW
221,900 $7,655,550 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
JAMES HARDIE IN...
Unknown 0.47% #35
Prev: #—
3.7 326,700 no change
NEW
326,700 $6,779,025 13F Filing 2025-12-31 2026-02-14 (Est.)
JAAA
JANUS DETROIT S...
ETF 0.42% #36
Prev: #—
3.7 120,060 no change
NEW
120,060 $6,072,635 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TALO
TALOS ENERGY IN...
Energy 0.39% 1.10% #37 11
Prev: #26
0.2 -803,333 -61.0%
P
S
513,098 $5,654,340 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
REYN
REYNOLDS CONSUM...
Consumer Cyclical 0.39% 0.52% #38 1
Prev: #39
1.2 no change no change
P
S
245,575 $5,628,579 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SHC
SOTERA HEALTH C...
Healthcare 0.39% 0.32% #39 11
Prev: #50
2.7 78,137 32.9%
P
S
315,479 $5,565,050 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BHR/PRB
BRAEMAR HOTELS ...
Preferred 0.35% 0.74% #40 5
Prev: #35
0.1 -183,683 -35.1%
P
S
339,774 $5,032,053 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PSX
PHILLIPS 66
Energy 0.33% 0.43% #41 2
Prev: #43
1.1 no change no change
P
S
36,475 $4,706,734 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
YETI
YETI HLDGS INC
Consumer Cyclical 0.30% 0.28% #42 11
Prev: #53
1.1 no change no change
P
S
95,898 $4,235,815 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GPRE
GREEN PLAINS IN...
Basic Materials 0.24% 0.27% #43 12
Prev: #55
1.1 no change no change
P
S
348,000 $3,410,400 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SW
SMURFIT WESTROC...
Consumer Cyclical 0.21% #44
Prev: #—
3.6 79,700 no change
NEW
79,700 $3,081,999 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ARE
ALEXANDRIA REAL...
Real Estate 0.19% 0.41% #45
Prev: #45
1.1 no change no change
P
S
56,000 $2,740,640 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SWX
SOUTHWEST GAS H...
Utilities 0.18% #46
Prev: #—
3.6 32,900 no change
NEW
32,900 $2,632,658 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GTLB
GITLAB INC
Technology 0.18% 0.11% #47 21
Prev: #68
3.1 40,905 141.3%
P
S
69,862 $2,621,921 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BRZE
BRAZE INC
Technology 0.18% 0.10% #48 22
Prev: #70
3.1 32,876 78.1%
P
S
74,955 $2,570,207 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NPB
NORTHPOINTE BAN...
Financial Services 0.17% #49
Prev: #—
3.6 100,000 no change
NEW
100,000 $2,475,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IP
INTERNATIONAL P...
Consumer Cyclical 0.16% 0.27% #50 4
Prev: #54
0.6 -9,450 -14.1%
P
S
57,750 $2,274,773 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 131 holdings

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