Alpine Fox Capital LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Alpine Fox Capital LLC reported 13 stock positions worth $106.2 million. Its top holding was Cipher Digital (CIFR) at 45.6% of the portfolio, followed by Iren (IREN, 24.2%) and Opendoor Technologies (OPEN, 7.4%). Compared with Q4 2025, it opened 2 new positions, sold out of 8, added to 3 and reduced 5. The biggest buy was Opendoor Technologies (OPEN, shares +6581%) and the biggest sale Constellation Brands Class A (STZ, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- LAS VEGAS, NV
- CIK
- 0002096493
- Portfolio Value
- $106.2M (Q1 2026)
- SEC Filing
- 0002096493-26-000002 ↗ filed May 14, 2026
Holdings Value
Holdings 13 stocks · $106.2M
| CIFR Cipher Digital Inc. | 45.57% | 3,762,000 | $48.4M | Reduce -4.1% |
| IREN Iren Ltd. filed as IREN LIMITED | 24.21% | 750,461 | $25.7M | No change |
| OPEN Opendoor Technologies Inc. | 7.36% | 1,670,199 | $7.8M | Add +6580.8% |
| ETHA iShares Ethereum Trust ETF | 6.96% | 467,000 | $7.4M | Add +228.9% |
| ASST Strive Inc. Class A | 5.72% | 606,242 | $6.1M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 5.71% | 165,000 | $6.1M | Add +10.0% |
| BMNR Bitmine Immersion Technologi | 1.71% | 92,000 | $1.8M | New |
| PEP Pepsico Inc. | 0.73% | 5,000 | $776K | Reduce -84.1% |
| REGN Regeneron Pharmaceuticals | 0.73% | 1,000 | $773K | No change |
| STZ Constellation Brands Inc. Class A | 0.42% | 3,000 | $450K | Reduce -97.0% |
| CP Canadian Pacific Kansas City | 0.37% | 5,000 | $393K | Reduce -95.8% |
| BKKT Bakkt Inc. | 0.28% | 40,000 | $294K | No change |
| TGT Target Corp. | 0.23% | 2,000 | $242K | Reduce -92.0% |
Options reported separately and not counted above: IBIT calls ($45.0M), ETHA calls ($1.4M), CIFR calls ($1.3M).
Portfolio Sells Q4 2025 → Q1 2026
| STZ Constellation Brands Inc. Class A | Reduce -97.0% | 0.42% | −8.87 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −7.09 |
| CP Canadian Pacific Kansas City | Reduce -95.8% | 0.37% | −5.58 |
| PEP Pepsico Inc. | Reduce -84.1% | 0.73% | −2.32 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −1.82 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −1.73 |
| STRIVE INC | Sold out | 0.00% | −1.57 |
| TGT Target Corp. | Reduce -92.0% | 0.23% | −1.42 |
| WULF Terawulf Inc. | Sold out | 0.00% | −0.77 |
| CLSK Cleanspark Inc. | Sold out | 0.00% | −0.34 |
| BF.A Brown-Forman Corp. Class A | Sold out | 0.00% | −0.23 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.20 |
| CIFR Cipher Digital Inc. | Reduce -4.1% | 45.57% | +6.56 |
Portfolio Buys Q4 2025 → Q1 2026
Options Activity Q4 2025 → Q1 2026
| IBIT iShares Bitcoin Trust ETF | call | New | 1,172,200 | $45.0M |
| IBIT iShares Bitcoin Trust ETF | call | Sold out | 827,500 | $41.1Mbefore exit |
| ETHA iShares Ethereum Trust ETF | call | New | 90,000 | $1.4M |
| CIFR Cipher Digital Inc. | call | New | 100,000 | $1.3M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.