Larry Robbins
Larry Robbins runs Glenview Capital, a hedge fund overseeing $4.69B in disclosed equity holdings (SEC CIK 0001138995). The latest portfolio (2025Q4) discloses 54 positions across 8 sectors, with the largest positions in CVS, TEVA and GPN. On a mark-to-market basis the tracked portfolio has returned 36.2% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.
What Larry is holding in options
Larry Robbins (Glenview Capital) disclosed 2 option positions for the 2024Q2 quarter — 0 long-calls and 2 long-puts — totaling $360.5M of underlying-share notional value. The largest exposures are a put on IWM, a put on SPY. Notional values reflect the value of the underlying shares at the quarter-end snapshot, not the option premium paid.
Options & derivatives
2 positions · $360.5M notional2 PUT · $360.5M| Type | Underlying | Shares | Notional | % of book |
|---|---|---|---|---|
| PUT | IWMISHARES TR | 1.2M | $233.7M | 4.6% |
| PUT | SPYSPDR S&P 500 ETF TR | 233K | $126.7M | 2.5% |
Notional = value of the underlying shares at the quarter-end snapshot, not the option premium paid. A long PUT is a bearish bet on the underlying; a long CALL is a bullish bet. The reported value is included in the portfolio total but does not reflect actual capital at risk.