Alpine Global Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 26, 2026), Alpine Global Management, LLC reported 275 stock positions worth $419.5 million. Its top holding was Immunovant (IMVT) at 15.9% of the portfolio, followed by Rivian Automotive Class A (RIVN, 12.3%) and Archer Aviation Class A (ACHR, 8.4%). Compared with Q3 2025, it opened 214 new positions, sold out of 69, added to 32 and reduced 25. The biggest buy was Carvana (CVNA, shares +3553%) and the biggest sale Cornerstone Strategic Invest (CLM, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001581655
- Portfolio Value
- $419.5M (Q4 2025)
- SEC Filing
- 0002073679-26-000043 ↗ filed Feb 26, 2026
Holdings Value
Holdings 275 stocks · $419.5M
| IMVT Immunovant Inc. | 15.92% | 2,626,692 | $66.8M | Reduce -4.7% |
| RIVN Rivian Automotive Inc. Class A | 12.35% | 2,628,299 | $51.8M | Add +1.4% |
| ACHR Archer Aviation Inc. Class A | 8.38% | 4,677,145 | $35.2M | Add +104.7% |
| CVNA Carvana Co. | 4.49% | 44,604 | $18.8M | Add +3553.1% |
| ARES Ares Management Corp. Class A | 2.64% | 68,469 | $11.1M | Add +2802.5% |
| MSTR Strategy Inc. | 2.62% | 72,211 | $11.0M | Add +4499.4% |
| CRF Cornerstone Total Return | 2.31% | 1,211,454 | $9.7M | Reduce -64.1% |
| CLM Cornerstone Strategic Invest | 2.27% | 1,139,813 | $9.5M | Reduce -83.7% |
| BBD Banco Bradesco-ADR | 2.14% | 2,700,000 | $9.0M | New |
| BBU Brookfield Business PT-Unit | 1.91% | 189,305 | $8.0M | Add +151.2% |
| WBD Warner Bros Discovery Inc. | 1.61% | 235,000 | $6.8M | New |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | 1.61% | 6,500 | $6.8M | New |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | 1.32% | 8,000 | $5.5M | New |
| SEE Sealed Air Corp. | 1.26% | 127,500 | $5.3M | New |
| GTLS Chart Industries Inc. | 1.23% | 25,000 | $5.2M | Add +78.6% |
| NSC Norfolk Southern Corp. | 1.17% | 17,000 | $4.9M | Add +36.0% |
| LBRDA Liberty Broadband-A | 1.15% | 100,000 | $4.8M | Reduce -49.6% |
| CRH CRH PLC | 1.06% | 35,688 | $4.5M | Add +1490.4% |
| IONS Ionis Pharmaceuticals Inc. | 1.01% | 53,600 | $4.2M | Reduce -4.1% |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 0.96% | 223,697 | $4.0M | New |
| DJT Trump Media & Technology Gro | 0.96% | 304,858 | $4.0M | Reduce -72.0% |
| GIW GIGCAPITAL8 Corp. Class A | 0.94% | 400,000 | $4.0M | New |
| HTZ Hertz Global Hldgs Inc. | 0.93% | 756,852 | $3.9M | Add +331.9% |
| WMT Walmart Inc. | 0.91% | 34,235 | $3.8M | New |
| AHL Aspen Insurance Holdings Class A | 0.84% | 95,002 | $3.5M | New |
| CEPF Cantor Equity Partners Class A | 0.74% | 300,000 | $3.1M | Add +50.0% |
| TACO Berto Acquisition Corp. | 0.73% | 300,000 | $3.0M | Add +141.2% |
| FCRS Futurecrest Acquisition Class A | 0.72% | 300,000 | $3.0M | New |
| GSRF GSR IV Acquisition Corp. Class A | 0.72% | 300,391 | $3.0M | Add +7.3% |
| RNAM Avidity Biosciences Inc. | 0.69% | 40,000 | $2.9M | New |
| SNV Synovus Financial Corp. | 0.61% | 51,250 | $2.6M | New |
| LBRDK Liberty Broadband-C | 0.57% | 48,820 | $2.4M | Add +231.8% |
| HDRN Hadron Energy Inc. filed as GIGCAPITAL7 CORP | 0.53% | 210,000 | $2.2M | New |
| RKT Rocket Cos Inc. Class A | 0.52% | 113,000 | $2.2M | Add +420.9% |
| SCIIU SC II Acquisition Corp. | 0.48% | 200,000 | $2.0M | New |
| AMRZ Amrize Ltd. | 0.45% | 35,000 | $1.9M | New |
| XRX Xerox Holdings Corp. | 0.44% | 772,118 | $1.8M | New |
| JBS JBS NV-A | 0.43% | 125,000 | $1.8M | Add +47.1% |
| STRZ Starz Entertainment Corp. | 0.41% | 148,703 | $1.7M | Add +12.5% |
| VRT Vertiv Holdings Co. Class A | 0.41% | 10,656 | $1.7M | New |
| AMCR Amcor PLC | 0.40% | 203,131 | $1.7M | Add +13.1% |
| FSK FS KKR Capital Corp. | 0.40% | 113,316 | $1.7M | Add +14.6% |
| HOLX Hologic Inc. | 0.40% | 22,500 | $1.7M | New |
| ELE Elemental Royalty Corp. | 0.39% | 69,600 | $1.6M | New |
| TACH Titan Acquisition Corp. Class A | 0.37% | 150,000 | $1.5M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.34% | 2,063 | $1.4M | Add +415.8% |
| FERG Ferguson Enterprises Inc. | 0.34% | 6,318 | $1.4M | Add +177.5% |
| LION Lionsgate Studios Corp. | 0.33% | 150,585 | $1.4M | Reduce -67.2% |
| HOOD Robinhood Markets Inc. Class A | 0.32% | 11,720 | $1.3M | Reduce -40.9% |
| KNOP Knot Offshore Partners LP | 0.31% | 125,000 | $1.3M | New |
| ON On Semiconductor | 0.30% | 22,868 | $1.2M | Add +134.6% |
| Q Qnity Electronics Inc. | 0.29% | 15,000 | $1.2M | New |
| ALIT Alight Inc. Class A | 0.27% | 591,369 | $1.2M | Reduce -14.3% |
| REAL The Realreal Inc. filed as THE REALREAL INC | 0.27% | 72,421 | $1.1M | New |
| MRVL Marvell Technology Inc. | 0.27% | 13,270 | $1.1M | New |
| EMPD Empery Digital Inc. | 0.26% | 240,926 | $1.1M | Reduce -3.4% |
| VOO Vanguard S&P 500 ETF | 0.25% | 1,665 | $1.0M | New |
| EXAS Exact Sciences Corp. | 0.24% | 10,000 | $1.0M | New |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | 0.23% | 1,000 | $974K | New |
| RWAY Runway Growth Finance Corp. | 0.23% | 107,363 | $959K | New |
| PWR Quanta Services Inc. | 0.22% | 2,193 | $926K | New |
| AKAM Akamai Technologies Inc. | 0.22% | 10,524 | $918K | New |
| CION Cion Investment Corp. | 0.22% | 93,836 | $907K | Add +5.6% |
| VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC | 0.22% | 50,000 | $907K | New |
| LNSR Lensar Inc. | 0.21% | 75,000 | $872K | Add +50.0% |
| PMTR Perimeter Acquis Corp. I Class A | 0.21% | 84,057 | $864K | New |
| LLYVK Liberty Live Holdings Class C | 0.20% | 10,000 | $832K | New |
| ALNY Alnylam Pharmaceuticals Inc. | 0.20% | 2,062 | $820K | New |
| EME Emcor Group Inc. | 0.19% | 1,336 | $817K | New |
| TGNA Tegna Inc. | 0.19% | 40,964 | $795K | Reduce -54.5% |
| CEPV Cantor Equity Partners Class A | 0.19% | 76,201 | $781K | New |
| STUB Stubhub Holdings Inc. Class A | 0.18% | 56,405 | $763K | Reduce -78.3% |
| MAGN Magnera Corp. | 0.18% | 50,000 | $757K | Reduce -78.2% |
| AIIA.U AI Infrastructure Acquisitio | 0.18% | 74,051 | $754K | New |
| AMTM Amentum Holdings Inc. | 0.17% | 25,000 | $725K | Reduce -66.7% |
| LNG Cheniere Energy Inc. | 0.16% | 3,519 | $684K | Add +80.2% |
| TIC Tic Solutions Inc. | 0.16% | 65,000 | $657K | New |
| SRG Seritage Growth Prop- A | 0.15% | 200,000 | $650K | Reduce -0.4% |
| MKSI MKS Inc. | 0.15% | 4,000 | $639K | New |
| XLY SS Consumer Disc Select Sect | 0.15% | 5,195 | $620K | Add +139.4% |
| AGPU Axe Compute Inc. | 0.15% | 86,010 | $615K | New |
| RDDT Reddit Inc. Class A | 0.15% | 2,658 | $611K | Add +187.3% |
| CEPO Cantor Equity Partners I-A | 0.14% | 57,438 | $599K | Reduce -33.9% |
| DOCN Digitalocean Holdings Inc. | 0.14% | 12,000 | $577K | New |
| CRWV Coreweave Inc. Class A | 0.14% | 8,049 | $576K | New |
| RPRX Royalty Pharma PLC Class A | 0.13% | 14,040 | $543K | Reduce -3.5% |
| BRSP Brightspire Capital Inc. | 0.13% | 96,797 | $542K | Reduce -26.4% |
| SIRI Sirius XM Holdings Inc. | 0.13% | 26,817 | $536K | Add +7.1% |
| VG Venture Global Inc. Class A | 0.13% | 77,841 | $531K | New |
| SOFI Sofi Technologies Inc. | 0.12% | 19,016 | $498K | Add +47.3% |
| MAR Marriott International Class A | 0.12% | 1,571 | $487K | New |
| IVV iShares Core S&P 500 ETF | 0.12% | 710 | $486K | New |
| CPNG Coupang Inc. | 0.12% | 20,534 | $484K | New |
| SOXX iShares Semiconductor ETF | 0.11% | 1,600 | $482K | New |
| BETR Better Home & Finance Holdin | 0.11% | 14,000 | $456K | New |
| FLNC Fluence Energy Inc. | 0.11% | 22,503 | $445K | New |
| YUM Yum! Brands Inc. | 0.10% | 2,813 | $426K | New |
| BLCO Bausch + Lomb Corp. | 0.10% | 24,478 | $418K | Reduce -53.0% |
| META Meta Platforms Inc. Class A | 0.10% | 632 | $417K | Add +12.1% |
| ACHV Achieve Life Sciences Inc. | 0.10% | 83,481 | $415K | New |
Options reported separately and not counted above: LUMINAR TECHNOLOGIES INC puts ($3.4M), HERTZ GLOBAL HLDGS INC puts ($3.4M), XEROX HOLDINGS CORP puts ($1.6M), STATE STR SPDR S&P 500 ETF T puts ($1.1M), GOSSAMER BIO INC puts ($657K), NEW FORTRESS ENERGY INC puts ($615K), STUBHUB HLDGS INC puts ($361K), FLUENCE ENERGY INC puts ($318K), ISHARES ETHEREUM TR puts ($263K), NETFLIX INC. calls ($246K), COINBASE GLOBAL INC puts ($238K), ALIBABA GROUP HLDG LTD puts ($219K), and 37 more.
Other holdings (20): bonds, preferreds, convertibles and warrants · $1.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 70,260 | $318K | Add +40.5% |
| GIWWR GIGCAPITAL8 Corp.-RTS | RIGHT 09/30/2030 | 400,000 | $124K | New |
| FERAR Fifth Era Acquisition Corp. I | RIGHT 02/21/2030 | 307,900 | $123K | No change |
| AACBR Artius II Acquisition Inc. | RIGHT 11/27/2029 | 330,002 | $106K | No change |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 362,500 | $68K | No change |
| TVAIR Thayer Ventures Acquisition | RIGHT 05/15/2030 | 285,978 | $60K | No change |
| FCRS.WS Futurecrest Acquisition Corp. | *W EXP 09/30/203 | 75,000 | $55K | New |
| APADR A Paradise Acquisition Corp. | RIGHT 07/29/2025 | 200,000 | $50K | Reduce -33.3% |
| OYSER Oyster Enterprises II Acquis | RIGHT 05/22/2030 | 250,000 | $50K | No change |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | 225,000 | $47K | No change |
| SOULPOWER ACQUISITION CORP | RIGHT 99/99/9999 | 250,000 | $44K | No change |
| DMIIR Drugs Made in America Acq-RT | RIGHT 09/16/2030 | 300,000 | $42K | No change |
| SZZLR Sizzle Acquisition Corp. -RTS | RIGHT 04/02/2030 | 250,000 | $40K | No change |
| TDWDR Tailwind 2.0 Acquisition-RTS | RIGHT 11/07/2030 | 214,948 | $35K | New |
| MKLYR McKinley Acquisition Corp. | RIGHT 07/25/2030 | 200,000 | $26K | New |
| QSEAR Quartzsea Acquisition Corp. | RIGHT 02/18/2030 | 31,374 | $6K | Reduce -87.5% |
| GRABW Grab Holdings Ltd.-CW 26 | *W EXP 99/99/999 | 17,800 | $5K | No change |
| STLNW Oncology Institute Inc. CW-22 | *W EXP 99/99/999 | 25,024 | $4K | No change |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | 12,500 | $3K | No change |
| WGSWW Genedx Holdings Corp. | *W EXP 07/22/202 | 20,000 | $948 | No change |
Total filed on the 13F, all lines: $420.7M.
Portfolio Sells Q3 2025 → Q4 2025
| CLM Cornerstone Strategic Invest | Reduce -83.7% | 2.27% | −13.03 |
| CRF Cornerstone Total Return | Reduce -64.1% | 2.31% | −4.86 |
| DJT Trump Media & Technology Gro | Reduce -72.0% | 0.96% | −3.76 |
| UTF Cohen & Steers Infrastructur | Sold out | 0.00% | −2.47 |
| LBRDA Liberty Broadband-A | Reduce -49.6% | 1.15% | −2.17 |
| ARIS WATER SOLUTIONS INC-A | Sold out | 0.00% | −1.96 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −1.66 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −1.61 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −1.00 |
| STUB Stubhub Holdings Inc. Class A | Reduce -78.3% | 0.18% | −0.98 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.96 |
| AL Sumisho Air Lease Corp. | Sold out | 0.00% | −0.93 |
| NETD Nabors Energy Transition C-A | Sold out | 0.00% | −0.89 |
| OBAWU Oxley Bridge Acquisition Ltd. | Sold out | 0.00% | −0.86 |
| VRNA Verona Pharma Ltd. | Sold out | 0.00% | −0.85 |
| HONE Harborone Bancorp Inc. | Sold out | 0.00% | −0.81 |
| DMIIU Drugs Made in America Acquis | Sold out | 0.00% | −0.79 |
| MRUS Merus NV | Sold out | 0.00% | −0.62 |
| PACHU Pioneer Acquisition I Corp. | Sold out | 0.00% | −0.60 |
| MDU Mdu Resources Group Inc. | Sold out | 0.00% | −0.59 |
| EMO Clearbridge Energy Midstream | Sold out | 0.00% | −0.56 |
| MAGN Magnera Corp. | Reduce -78.2% | 0.18% | −0.53 |
| LION Lionsgate Studios Corp. | Reduce -67.2% | 0.33% | −0.51 |
| SRDX Surmodics Inc. | Sold out | 0.00% | −0.46 |
| EVAC Eqv Ventures Acquisition C-A | Reduce -82.3% | 0.08% | −0.44 |
| HOOD Robinhood Markets Inc. Class A | Reduce -40.9% | 0.32% | −0.43 |
| BSY Bentley Systems Inc. Class B | Sold out | 0.00% | −0.43 |
| BRW Saba Capital Income & Opport | Sold out | 0.00% | −0.40 |
| ELME Elme Communities | Sold out | 0.00% | −0.38 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.37 |
| RIV Rivernorth Opportunities | Sold out | 0.00% | −0.37 |
| TXNM TXNM Energy Inc. | Sold out | 0.00% | −0.37 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.34 |
| BKT BlackRock Income Trust | Sold out | 0.00% | −0.34 |
| ALIT Alight Inc. Class A | Reduce -14.3% | 0.27% | −0.32 |
| AMTM Amentum Holdings Inc. | Reduce -66.7% | 0.17% | −0.30 |
| TGNA Tegna Inc. | Reduce -54.5% | 0.19% | −0.29 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.26 |
| EMPD Empery Digital Inc. | Reduce -3.4% | 0.26% | −0.23 |
| GSRT GSR III Acquisition Corp. | Sold out | 0.00% | −0.21 |
| BCSS.U Bain Capital GSS Investment | Sold out | 0.00% | −0.20 |
| CLSK Cleanspark Inc. | Sold out | 0.00% | −0.19 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.16 |
| UWMC Uwm Holdings Corp. | Reduce -69.5% | 0.04% | −0.15 |
| IIPR Innovative Industrial Proper | Sold out | 0.00% | −0.14 |
| SWZ Total Return Securities Fund | Sold out | 0.00% | −0.14 |
| SVIIF Spring Valley Acquisition-A | Sold out | 0.00% | −0.13 |
| FIGXU Figx Capital Acquisition Cor | Sold out | 0.00% | −0.13 |
| KSA Ishrs MSCI Saudi Arabia ETF | Sold out | 0.00% | −0.13 |
| OGE Oge Energy Corp. | Sold out | 0.00% | −0.13 |
Portfolio Buys Q3 2025 → Q4 2025
| CVNA Carvana Co. | Add +3553.1% | 4.49% | +4.37 |
| ACHR Archer Aviation Inc. Class A | Add +104.7% | 8.38% | +2.60 |
| ARES Ares Management Corp. Class A | Add +2802.5% | 2.64% | +2.54 |
| MSTR Strategy Inc. | Add +4499.4% | 2.62% | +2.48 |
| RIVN Rivian Automotive Inc. Class A | Add +1.4% | 12.35% | +2.30 |
| BBD Banco Bradesco-ADR | New | 2.14% | +2.14 |
| WBD Warner Bros Discovery Inc. | New | 1.61% | +1.61 |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | New | 1.61% | +1.61 |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | New | 1.32% | +1.32 |
| SEE Sealed Air Corp. | New | 1.26% | +1.26 |
| BBU Brookfield Business PT-Unit | Add +151.2% | 1.91% | +1.03 |
| CRH CRH PLC | Add +1490.4% | 1.06% | +0.99 |
| BBAR Bbva Argentina SA-ADR | New | 0.96% | +0.96 |
| GIW GIGCAPITAL8 Corp. Class A | New | 0.94% | +0.94 |
| WMT Walmart Inc. | New | 0.91% | +0.91 |
| AHL Aspen Insurance Holdings Class A | New | 0.84% | +0.84 |
| FCRS Futurecrest Acquisition Class A | New | 0.72% | +0.72 |
| RNAM Avidity Biosciences Inc. | New | 0.69% | +0.69 |
| HTZ Hertz Global Hldgs Inc. | Add +331.9% | 0.93% | +0.61 |
| SNV Synovus Financial Corp. | New | 0.61% | +0.61 |
| HDRN Hadron Energy Inc. | New | 0.53% | +0.53 |
| GTLS Chart Industries Inc. | Add +78.6% | 1.23% | +0.49 |
| SCIIU SC II Acquisition Corp. | New | 0.48% | +0.48 |
| AMRZ Amrize Ltd. | New | 0.45% | +0.45 |
| XRX Xerox Holdings Corp. | New | 0.44% | +0.44 |
| VRT Vertiv Holdings Co. Class A | New | 0.41% | +0.41 |
| RKT Rocket Cos Inc. Class A | Add +420.9% | 0.52% | +0.41 |
| HOLX Hologic Inc. | New | 0.40% | +0.40 |
| ELE Elemental Royalty Corp. | New | 0.39% | +0.39 |
| TACO Berto Acquisition Corp. | Add +141.2% | 0.73% | +0.38 |
| TACH Titan Acquisition Corp. Class A | New | 0.37% | +0.37 |
| LBRDK Liberty Broadband-C | Add +231.8% | 0.57% | +0.32 |
| KNOP Knot Offshore Partners LP | New | 0.31% | +0.31 |
| Q Qnity Electronics Inc. | New | 0.29% | +0.29 |
| REAL The Realreal Inc. | New | 0.27% | +0.27 |
| MRVL Marvell Technology Inc. | New | 0.27% | +0.27 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +415.8% | 0.34% | +0.26 |
| VOO Vanguard S&P 500 ETF | New | 0.25% | +0.25 |
| EXAS Exact Sciences Corp. | New | 0.24% | +0.24 |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | New | 0.23% | +0.23 |
| RWAY Runway Growth Finance Corp. | New | 0.23% | +0.23 |
| PWR Quanta Services Inc. | New | 0.22% | +0.22 |
| AKAM Akamai Technologies Inc. | New | 0.22% | +0.22 |
| VISN Vistance Networks Inc. | New | 0.22% | +0.22 |
| PMTR Perimeter Acquis Corp. I Class A | New | 0.21% | +0.21 |
| FERG Ferguson Enterprises Inc. | Add +177.5% | 0.34% | +0.20 |
| LLYVK Liberty Live Holdings Class C | New | 0.20% | +0.20 |
| CEPF Cantor Equity Partners Class A | Add +50.0% | 0.74% | +0.20 |
| ALNY Alnylam Pharmaceuticals Inc. | New | 0.20% | +0.20 |
| EME Emcor Group Inc. | New | 0.19% | +0.19 |
Options Activity Q3 2025 → Q4 2025
| LUMINAR TECHNOLOGIES INC | put | Add +39.5% | 32,908 | $3.4M |
| HERTZ GLOBAL HLDGS INC | put | Reduce -21.2% | 122,649 | $3.4M |
| STATE STR SPDR S&P 500 ETF T | put | Reduce -6.6% | 21,733 | $1.1M |
| GOSSAMER BIO INC | put | Add +88.6% | 13,200 | $657K |
| NEW FORTRESS ENERGY INC | put | New | 6,303 | $615K |
| STUBHUB HLDGS INC | put | Reduce -58.6% | 6,022 | $361K |
| FLUENCE ENERGY INC | put | Add +1.1% | 12,330 | $318K |
| ISHARES ETHEREUM TR | put | Add +400.7% | 711 | $263K |
| NETFLIX INC. | call | New | 1,000 | $246K |
| COINBASE GLOBAL INC | put | Add +30.0% | 52 | $238K |
| ALIBABA GROUP HLDG LTD | put | New | 99 | $219K |
| ISHARES ETHEREUM TR | call | Add +646.1% | 485 | $177K |
| AVIS BUDGET GROUP INC | put | Reduce -39.5% | 750 | $163K |
| SUNRUN INC | put | Add +1.4% | 14,780 | $141K |
| AMERICAN AXLE & MFG HLDGS IN | put | Reduce -33.5% | 5,650 | $141K |
| ZIM INTEGRATED SHIPPING SERV | call | New | 1,386 | $137K |
| ALIBABA GROUP HLDG LTD | call | New | 119 | $134K |
| PAGAYA TECHNOLOGIES LTD | put | New | 640 | $128K |
| BEYOND MEAT INC | put | Add +51.2% | 15,118 | $111K |
| GE VERNOVA INC | put | New | 11 | $96K |
| GE VERNOVA INC | call | New | 10 | $82K |
| ROBINHOOD MKTS INC | call | Sold out | 50 | $73Kbefore exit |
| APPLOVIN CORP | call | Sold out | 17 | $72Kbefore exit |
| COREWEAVE INC | call | Sold out | 23 | $58Kbefore exit |
| STATE STR SPDR S&P 500 ETF T | call | Sold out | 267 | $58Kbefore exit |
| INVESCO QQQ TR | call | Sold out | 16 | $57Kbefore exit |
| INVESCO QQQ TR | put | Sold out | 17 | $55Kbefore exit |
| SAREPTA THERAPEUTICS INC | put | Add +2.3% | 3,070 | $46K |
| STRATEGY INC | put | Reduce -80.0% | 10 | $42K |
| SPDR GOLD TR | put | Reduce -95.1% | 7 | $27K |
| GROUPON INC | put | Add +0.0% | 10,102 | $25K |
| URANIUM ENERGY CORP | call | New | 1,000 | $24K |
| ALGOMA STL GROUP INC | put | Sold out | 18,937 | $19Kbefore exit |
| MARA HOLDINGS INC | call | Sold out | 44 | $18Kbefore exit |
| AKAMAI TECHNOLOGIES INC | put | New | 470 | $18K |
| AMERICAN AIRLINES GROUP INC | put | Reduce -44.3% | 1,700 | $16K |
| MARA HOLDINGS INC | put | Sold out | 35 | $15Kbefore exit |
| GENERAL MTRS CO | put | Reduce -20.0% | 1,000 | $15K |
| STRATEGY INC | call | Reduce -90.7% | 4 | $9K |
| SABLE OFFSHORE CORP | put | Sold out | 8,200 | $8Kbefore exit |
| TENET HEALTHCARE CORP | put | Reduce -62.5% | 120 | $8K |
| SPDR GOLD TR | call | Reduce -94.7% | 5 | $7K |
| LUMINAR TECHNOLOGIES INC | call | Add +90.9% | 4,200 | $7K |
| INNOVATIVE INDL PPTYS INC | put | Reduce -73.1% | 700 | $7K |
| BAUSCH HEALTH COS INC | put | Sold out | 6,567 | $7Kbefore exit |
| ON SEMICONDUCTOR CORP | put | New | 300 | $5K |
| ISHARES BITCOIN TRUST ETF | call | New | 119 | $4K |
| KRANESHARES TRUST | put | New | 209 | $4K |
| KENVUE INC | call | New | 1,000 | $4K |
| LUCID GROUP INC | put | Sold out | 3,500 | $4Kbefore exit |
Showing the first 50 of 78.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Sold out | 11,612 | $11.8Mbefore exit |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Sold out | 129,238 | $11.6Mbefore exit |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Sold out | 10,200 | $10.6Mbefore exit |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | Sold out | 5,500 | $10.1Mbefore exit |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Sold out | 9,750 | $9.1Mbefore exit |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Sold out | 5,500 | $7.5Mbefore exit |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Sold out | 5,000 | $5.5Mbefore exit |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Sold out | 5,000 | $5.1Mbefore exit |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Sold out | 3,839 | $5.0Mbefore exit |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Sold out | 1,000 | $1.5Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Sold out | 1,000 | $955Kbefore exit |
| MICROCHIP TECHNOLOGY INC (MCHP 0.75 06/01/30) | NOTE 0.750% 6/0 · principal | Sold out | 500 | $484Kbefore exit |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | Add +40.5% | 70,260 | $318K |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | Sold out | 400,000 | $208Kbefore exit |
| GIWWR GIGCAPITAL8 Corp.-RTS | RIGHT 09/30/2030 | New | 400,000 | $124K |
| CHACR Crane Harbor Acquisition-RTS | RIGHT 04/17/2030 | Sold out | 250,000 | $78Kbefore exit |
| FCRS.WS Futurecrest Acquisition Corp. | *W EXP 09/30/203 | New | 75,000 | $55K |
| APADR A Paradise Acquisition Corp. | RIGHT 07/29/2025 | Reduce -33.3% | 200,000 | $50K |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | Sold out | 300,000 | $48Kbefore exit |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | Sold out | 300,034 | $45Kbefore exit |
| KFIIR K&F Growth Acquisition Corp. | RIGHT 08/29/2031 | Sold out | 300,000 | $39Kbefore exit |
| HVIIR Hennessy Capital Investment | RIGHT 01/17/2030 | Sold out | 143,766 | $39Kbefore exit |
| TDWDR Tailwind 2.0 Acquisition-RTS | RIGHT 11/07/2030 | New | 214,948 | $35K |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 398,600 | $31Kbefore exit |
| MKLYR McKinley Acquisition Corp. | RIGHT 07/25/2030 | New | 200,000 | $26K |
| PORCH GROUP INC (PRCH 9 05/15/30) | DEBT 9.000% 5/1 · principal | Sold out | 8,000 | $13Kbefore exit |
| BLACKROCK INCOME TR-RT | RIGHT 10/20/2025 | Sold out | 115,500 | $7Kbefore exit |
| QSEAR Quartzsea Acquisition Corp. | RIGHT 02/18/2030 | Reduce -87.5% | 31,374 | $6K |
| THE REALREAL INC (REAL 4 02/15/31) | DEBT 4.000% 2/1 · principal | Sold out | 5,000 | $6Kbefore exit |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | Sold out | 5,000 | $3Kbefore exit |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | Sold out | 1,500 | $3Kbefore exit |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | Sold out | 1,000 | $2Kbefore exit |
| IMMUNOCORE HOLDINGS (IMCR 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | Sold out | 2,000 | $2Kbefore exit |
| THE REALREAL INC (REAL 1 03/01/28) | NOTE 1.000% 3/0 · principal | Sold out | 2,000 | $2Kbefore exit |
| RIVERNORTH OPPORTUNI-RT | RIGHT 10/06/2025 | Sold out | 140,001 | $1Kbefore exit |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | Sold out | 1,000 | $962before exit |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | Sold out | 48,000 | $912before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 204 | $608.2M | IMVT, XOVR, CLM, RIVN, SPCX |
| Q1 2026 | 157 | $564.9M | IMVT, CLM, RIVN, ACHR, CRF |
| Q4 2025Amended | 275 | $419.5M | IMVT, RIVN, ACHR, CVNA, ARES |
| Q3 2025Amended | 130 | $378.3M | CLM, IMVT, RIVN, CRF, ACHR |
| Q2 2025 | 145 | $383.4M | CLM, ACHR, IMVT, DJT, CRF |
| Q1 2025 | 123 | $335.4M | CLM, IMVT, ACHR, CRF, LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) |
| Q4 2024Amended | 166 | $295.1M | CLM, IMVT, ACHR, CRF, HOOD |
| Q3 2024 | 152 | $391.9M | IMVT, CLM, HOOD, CRF, ACHR |
| Q2 2024 | 455 | $519.9M | IMVT, CLM, MSTR, HOOD, CRF |
| Q1 2024Amended | 190 | $428.2M | IMVT, HOOD, CLM, AGTI, CRF |