Q4 2025 Holdings
Filed 2026-02-17 | 58 holdings | $931.8M | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Circle Internet Group Inc(CRCL)Put | COM CL A | 172573107 | $105.9M | 1,335,000 | 11.4% |
| Coinbase Global Inc(COIN)Put | COM CL A | 19260Q107 | $90.5M | 400,000 | 9.7% |
| Strategy Inc(MSTR)Put | CL A NEW | 594972408 | $45.6M | 300,000 | 4.9% |
| Bitmine Immersion Tecnologie(BMNR)Put | COM NEW | 09175A206 | $40.7M | 1,500,000 | 4.4% |
| Coreweave Inc(CRWV)Put | COM CL A | 21873S108 | $39.4M | 550,000 | 4.2% |
| Ishares Bitcoin Trust ETF(IBIT)Call | SHS BEN INT | 46438F101 | $34.8M | 700,000 | 3.7% |
| HCI Group Inc(HCI) | COM | 40416E103 | $30.7M | 160,000 | 3.3% |
| Target Hospitality Corp(TH) | COM | 87615L107 | $26.5M | 3,304,424 | 2.8% |
| U S Gold Corp(USAU) | COM NEW | 90291C201 | $23.5M | 1,209,624 | 2.5% |
| General Mtrs Co(GM) | COM | 37045V100 | $20.7M | 254,590 | 2.2% |
| American Intl Group Inc(AIG)Call | COM NEW | 026874784 | $19.7M | 230,300 | 2.1% |
| Pinnacle Finl Partners Inc | COM | 72346Q104 | $19.7M | 206,171 | 2.1% |
| Mechanics Bancorp(MCHB) | CL A | 43785V102 | $19.3M | 1,319,486 | 2.1% |
| American Intl Group Inc(AIG) | COM NEW | 026874784 | $18.8M | 219,361 | 2.0% |
| HUT 8 Corp(HUT)Put | COM | 44812J104 | $18.4M | 400,000 | 2.0% |
| Exzeo Group Inc(XZO) | COM SHS | 30234F101 | $17.2M | 710,000 | 1.8% |
| Applied Digital Corp(APLD)Put | COM NEW | 038169207 | $17.2M | 700,000 | 1.8% |
| Deutsche Bank A G | NAMEN AKT | D18190898 | $16.8M | 436,262 | 1.8% |
| Bread Financial Holdings Inc(BFH) | COM | 018581108 | $14.2M | 191,939 | 1.5% |
| Ezcorp Inc(EZPW) | CL A NON VTG | 302301106 | $14.0M | 719,529 | 1.5% |
| Hamilton Insurance Group LTD(HG) | CL B | G42706104 | $13.8M | 495,283 | 1.5% |
| Hartford Insurance Group Inc(HIG) | COM | 416515104 | $13.7M | 99,471 | 1.5% |
| The Baldwin Insurance GRP in(BWIN) | COM CL A | 05589G102 | $13.4M | 556,299 | 1.4% |
| Lendingtree Inc New(TREE) | COM | 52603B107 | $13.3M | 251,459 | 1.4% |
| MP Materials Corp(MP)Call | COM CL A | 553368101 | $13.1M | 260,000 | 1.4% |
| Champion Homes Inc(SKY) | COM | 830830105 | $13.1M | 155,425 | 1.4% |
| American Finl Group Inc Ohio(AFG) | COM | 025932104 | $12.5M | 91,610 | 1.3% |
| Block Inc(XYZ) | CL A | 852234103 | $12.0M | 183,743 | 1.3% |
| Customers Bancorp Inc(CUBI) | COM | 23204G100 | $11.9M | 162,129 | 1.3% |
| Gatx Corp(GATX) | COM | 361448103 | $11.7M | 68,837 | 1.3% |
| Bullish(BLSH)Put | ORD SHS | G16910120 | $11.4M | 300,000 | 1.2% |
| Iren Limited(IREN)Put | ORDINARY SHARES | Q4982L109 | $11.3M | 300,000 | 1.2% |
| KKR & Co Inc(KKR) | COM | 48251W104 | $10.0M | 78,563 | 1.1% |
| TPG Inc(TPG) | COM CL A | 872657101 | $9.9M | 155,699 | 1.1% |
| Futu Hldgs LTD(FUTU) | SPON ADS CL A | 36118L106 | $9.9M | 60,000 | 1.1% |
| Cars COM Inc(CARS) | COM | 14575E105 | $9.2M | 751,671 | 1.0% |
| Toast Inc(TOST) | CL A | 888787108 | $9.2M | 257,848 | 1.0% |
| Robinhood Mkts Inc(HOOD) | COM CL A | 770700102 | $8.9M | 78,889 | 1.0% |
| Bank OZK Little Rock ARK(OZK) | COM | 06417N103 | $8.7M | 189,226 | 0.9% |
| Enova Intl Inc(ENVA) | COM | 29357K103 | $7.9M | 50,311 | 0.8% |
| Armour Residential REIT Inc(ARR) | COM SHS | 042315705 | $7.7M | 434,709 | 0.8% |
| Capital One Finl Corp(COF) | COM | 14040H105 | $6.7M | 27,643 | 0.7% |
| Onewater Marine Inc(ONEW) | CL A COM | 68280L101 | $6.7M | 614,605 | 0.7% |
| Nelnet Inc(NNI) | CL A | 64031N108 | $6.2M | 46,910 | 0.7% |
| Columbia BKG SYS Inc(COLB) | COM | 197236102 | $6.0M | 215,468 | 0.6% |
| Pennymac Finl Svcs Inc New(PFSI) | COM | 70932M107 | $5.8M | 43,787 | 0.6% |
| Fermi Inc(FRMI) | COM | 314911108 | $5.4M | 677,866 | 0.6% |
| Bullish(BLSH) | ORD SHS | G16910120 | $4.7M | 125,000 | 0.5% |
| Sunrise Rlty TR Inc(SUNS) | COM | 867981102 | $4.2M | 440,628 | 0.4% |
| A2z Cust2mate Solutions Corp(AZ) | COM | 002205102 | $4.1M | 625,352 | 0.4% |