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

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $428.2M Q1 2024 Q2 2024: $519.9M Q2 2024 Q3 2024: $391.9M Q3 2024 Q4 2024: $295.1M Q4 2024 Q1 2025: $335.4M Q1 2025 Q2 2025: $383.4M Q2 2025 Q3 2025: $378.3M Q3 2025 Q4 2025: $419.5M $419.5M Q4 2025 Q1 2026: $564.9M Q1 2026 Q2 2026: $608.2M Q2 2026

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
NPAC New Providence Acquisition-A 0.09% 38,588 $396K New
RUN Sunrun Inc. 0.09% 21,498 $396K New
CYTK Cytokinetics Inc. 0.09% 6,000 $381K New
OXLC Oxford Lane Capital Corp. 0.09% 25,926 $380K New
CSANY Cosan SA -ADR 0.09% 94,885 $375K New
HEI Heico Corp. 0.09% 1,156 $374K New
SMTC Semtech Corp. 0.09% 5,000 $368K New
EVAC Eqv Ventures Acquisition C-A 0.08% 35,500 $356K Reduce -82.3%
GTLB Gitlab Inc. Class A 0.08% 8,997 $338K New
AIV Apartment Invt & Mgmt Co. Class A 0.07% 50,000 $297K Reduce -37.5%
TRUE Truecar Inc. 0.07% 127,127 $287K New
ARGAN INC 0.07% 912 $286K New
LGND Ligand Pharmaceuticals 0.07% 1,500 $284K New
CDZI Cadiz Inc. 0.07% 50,004 $281K New
ZONE Zone Frontier Inc. filed as CLEANCORE SOLUTIONS INC 0.06% 1,000,000 $260K New
PVH PVH Corp. 0.06% 3,877 $260K New
CPB The Campbell's Company 0.06% 9,305 $259K New
DTST Data Storage Corp. 0.06% 50,000 $256K New
BKR Baker Hughes Co. 0.06% 5,513 $251K New
RVT Royce Small-Cap Trust Inc. 0.06% 15,506 $250K New
DTM DT Midstream Inc. 0.06% 1,993 $239K New
VTR Ventas Inc. 0.06% 3,038 $235K New
XBP XBP Global Holdings Inc. 0.06% 34,467 $235K Add +43.5%
PLTR Palantir Technologies Inc. Class A 0.05% 1,295 $230K New
NOW ServiceNow Inc. 0.05% 1,462 $224K New
BROS Dutch Bros Inc. Class A 0.05% 3,593 $220K New
PSNY Polestar Automotive Class A ADS 0.05% 10,261 $219K New
ASTS Ast Spacemobile Inc. 0.05% 3,000 $218K New
EFA iShares MSCI Eafe ETF 0.05% 2,264 $217K New
CHH Choice Hotels Intl Inc. 0.05% 2,247 $214K New
AVTR Avantor Inc. 0.05% 18,448 $211K New
FIVN FIVE9 Inc. 0.05% 10,469 $210K New
PYPL PayPal Holdings Inc. 0.05% 3,588 $209K New
NFE New Fortress Energy Inc. 0.05% 182,709 $208K New
WSO Watsco Inc. 0.05% 615 $207K New
AI C3.AI Inc. Class A 0.05% 15,291 $206K New
NCNO Ncino Inc. 0.05% 8,018 $206K New
BEYOND MEAT INC (BYND 7 10/15/30) 0.05% 264 $204K New
PCG P G & E Corp. 0.05% 12,621 $203K New
AMRX Amneal Pharmaceuticals Inc. 0.05% 16,083 $203K New
TOST Toast Inc. Class A 0.05% 5,706 $203K New
ARE Alexandria Real Estate Equit 0.05% 4,103 $201K New
HPK Highpeak Energy Inc. 0.05% 42,153 $200K New
ECX Ecarx Holdings Inc. Class A 0.05% 116,128 $200K New
CDE Coeur Mining Inc. 0.05% 11,089 $198K New
CBRE GBL REAL ESTATE INC FD 0.05% 44,729 $196K New
UA Under Armour Inc. Class C 0.05% 40,632 $195K New
UAA Under Armour Inc. Class A 0.05% 38,708 $192K New
SDA Suncar Technology Group in-A 0.05% 95,000 $192K Reduce -2.7%
VFF Village Farms International 0.05% 52,210 $191K New
RC Ready Capital Corp. 0.05% 86,972 $190K New
PTEN Patterson-Uti Energy Inc. 0.04% 30,768 $188K New
HPP Hudson Pacific Properties Inc. 0.04% 17,324 $188K New
KOS Kosmos Energy Ltd. 0.04% 206,729 $188K New
TDOC Teladoc Health Inc. 0.04% 26,673 $187K New
PSEC Prospect Capital Corp. 0.04% 71,712 $186K New
FUN Six Flags Entertainment Corp. 0.04% 12,088 $185K New
SNAP Snap Inc. Class A 0.04% 22,900 $185K New
FMC FMC Corp. 0.04% 13,273 $184K New
CRGY Crescent Energy Inc. Class A 0.04% 21,817 $183K New
PTON Peloton Interactive Inc. Class A 0.04% 29,701 $183K New
KRP Kimbell Royalty Partners LP 0.04% 15,544 $183K New
UTZ Utz Brands Inc. 0.04% 17,598 $183K New
BMBL Bumble Inc. Class A 0.04% 51,136 $183K New
BDN Brandywine Realty Trust 0.04% 62,500 $183K New
CCRN Cross Country Healthcare Inc. 0.04% 22,500 $182K New
TXO Txo Partners LP 0.04% 17,060 $182K New
GOGO Gogo Inc. 0.04% 39,044 $182K New
NABL N-Able Inc. 0.04% 24,324 $182K New
ESRT Empire State Realty Trust-A 0.04% 27,864 $182K New
PSFE Paysafe Ltd. 0.04% 22,416 $181K New
PRGO Perrigo Co. PLC 0.04% 13,024 $181K New
MBLY Mobileye Global Inc. Class A 0.04% 17,332 $181K New
PWP Perella Weinberg Partners 0.04% 10,447 $181K New
CAG Conagra Brands Inc. 0.04% 10,440 $181K New
GRND Grindr Inc. 0.04% 13,341 $181K New
SOC Sable Offshore Corp. 0.04% 20,000 $180K Add +33.3%
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I 0.04% 28,752 $180K New
S Sentinelone Inc. Class A 0.04% 11,992 $180K New
FLO Flowers Foods Inc. 0.04% 16,528 $180K New
OGN Organon & Co. 0.04% 25,068 $180K New
WEN The Wendy's Co. 0.04% 21,556 $180K New
PLTK Playtika Holding Corp. 0.04% 45,453 $180K New
PD Pagerduty Inc. 0.04% 13,676 $179K New
PHR Phreesia Inc. 0.04% 10,573 $179K New
COTY Coty Inc. Class A 0.04% 58,064 $179K New
HLIT Harmonic Inc. 0.04% 18,072 $179K New
THRY Thryv Holdings Inc. 0.04% 29,508 $179K New
GPK Graphic Packaging Holding Co. 0.04% 11,849 $178K New
MNR Mach Natural Resources LP 0.04% 16,141 $178K New
AMC AMC Entertainment HLDS Class A 0.04% 114,215 $178K New
EMBC Embecta Corp. 0.04% 14,985 $178K New
GDRX Goodrx Holdings Inc. Class A 0.04% 65,453 $177K New
PAYO Payoneer Global Inc. 0.04% 31,521 $177K New
AVNS Avanos Medical Inc. 0.04% 15,773 $177K New
GO Grocery Outlet Holding Corp. 0.04% 17,525 $177K New
CODI Compass Diversified Holdings 0.04% 36,809 $177K New
DEI Douglas Emmett Inc. 0.04% 16,069 $177K New
SHO Sunstone Hotel Investors Inc. 0.04% 19,736 $176K New
AMN Amn Healthcare Services Inc. 0.04% 11,180 $176K New
SABR Sabre Corp. 0.04% 129,496 $176K New
UP Wheels Up Experience Inc. 0.04% 268,016 $176K New
PENN Penn Entertainment Inc. 0.04% 11,920 $176K New
EPC Edgewell Personal Care Co. 0.04% 10,296 $176K New
CC The Chemours Co. 0.04% 14,888 $176K New
ABR Arbor Realty Trust Inc. 0.04% 22,584 $175K New
SGRY Surgery Partners Inc. 0.04% 11,341 $175K New
DDD 3D Systems Corp. filed as 3-D SYS CORP DEL 0.04% 98,900 $175K New
WOOF Petco Health and Wellness Co. 0.04% 62,190 $175K New
EVH Evolent Health Inc. Class A 0.04% 43,688 $175K New
LI Li Auto Inc. - ADR 0.04% 10,320 $175K New
VYX NCR Voyix Corp. 0.04% 17,076 $174K New
ACHC Acadia Healthcare Co. Inc. 0.04% 12,252 $174K New
EOLS Evolus Inc. 0.04% 26,085 $173K New
ARDT Ardent Health Inc. 0.04% 19,521 $172K New
DFH Dream Finders Homes Inc. Class A 0.04% 10,077 $172K New
CWH Camping World Holdings Inc. Class A 0.04% 17,681 $172K New
CLVT Clarivate PLC 0.04% 51,428 $172K Reduce -66.3%
BKKT Bakkt Inc. filed as BAKKT HOLDINGS INC 0.04% 17,076 $171K New
LCID Lucid Group Inc. 0.04% 16,160 $171K New
LX Lexinfintech Holdings L-ADR 0.04% 52,173 $171K New
BGS B&G Foods Inc. 0.04% 39,385 $169K New
TLRY Tilray Brands Inc. 0.04% 18,749 $169K New
ZIP Ziprecruiter Inc. Class A 0.04% 43,268 $169K New
MARA Mara Holdings Inc. 0.04% 18,768 $169K New
DSL Doubleline Income Solutions 0.04% 14,840 $167K New
BYND Beyond Meat Inc. 0.04% 199,997 $164K New
CAN Canaan Inc. 0.04% 235,445 $162K New
UWMC Uwm Holdings Corp. 0.04% 35,491 $155K Reduce -69.5%
YYY Amplify Cef High Income ETF 0.03% 12,542 $144K New
LVO Liveone Inc. 0.03% 30,000 $142K No change
XFRAX BlackRock Fltng RT Inc. Strat 0.03% 11,091 $131K New
XAI OCTAGN FLT RAT & ALT INM 0.03% 26,775 $129K New
CAEP Cantor Equity Partners III-A 0.03% 12,500 $128K No change
PUMP Propetro Holding Corp. 0.03% 12,379 $118K New
PRCH Porch Group Inc. 0.03% 11,636 $106K New
IMSR Terrestrial Energy Inc. 0.02% 16,252 $99K New
GEMI Gemini Space Station Inc. Class A 0.02% 10,000 $99K No change
GETY Getty Images Holdings Inc. 0.02% 73,433 $98K New
TTGT Techtarget Inc. 0.02% 17,307 $93K New
RDW Redwire Corp. 0.02% 12,183 $93K New
DNUT Krispy Kreme Inc. 0.02% 22,999 $92K New
SG Sweetgreen Inc. Class A 0.02% 13,564 $92K New
OEC Orion SA 0.02% 17,224 $91K New
VSTS Vestis Corp. 0.02% 13,481 $90K New
TROX Tronox Holdings PLC 0.02% 21,531 $90K New
WNC Wabash National Corp. 0.02% 10,356 $90K New
XPER Xperi Inc. 0.02% 15,267 $89K New
BLMN Bloomin' Brands Inc. 0.02% 14,457 $89K New
RPAY Repay Holdings Corp. 0.02% 24,423 $89K New
JBLU Jetblue Airways Corp. 0.02% 19,586 $89K New
NEOG Neogen Corp. 0.02% 12,738 $89K New
PTLO Portillo's Inc. Class A 0.02% 19,544 $89K New
ACVA Acv Auctions Inc. Class A 0.02% 10,995 $88K New
PRTH Priority Technology Holdings 0.02% 16,158 $88K New
NWL Newell Brands Inc. 0.02% 23,594 $88K New
KLC Kindercare Learning Cos Inc. 0.02% 20,293 $88K New
ACDC Profrac Holding Corp. Class A 0.02% 22,528 $88K New
DAVA Endava PLC- Spon ADR 0.02% 13,803 $87K New
HNST The Honest Co. Inc. 0.02% 33,395 $86K New
AGL Agilon Health Inc. 0.02% 121,654 $84K New
EVLV Evolv Technologies Holdings 0.02% 11,606 $83K New
CNDT Conduent Inc. 0.02% 42,558 $82K New
TDUP Thredup Inc. Class A 0.02% 11,583 $74K New
LITS Lite Strategy Inc. 0.02% 50,000 $66K Reduce -1.3%
KRO Kronos Worldwide Inc. 0.01% 12,316 $54K New
IAUX I-80 Gold Corp. 0.01% 15,656 $23K New
OCGN Ocugen Inc. 0.00% 13,443 $18K New
SNAL Snail Inc. 0.00% 19,329 $17K No change
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) 0.00% 13,500 $12K New
STRIVE INC 0.00% 12,688 $9K New
SPOTIFY USA INC (SPOT 0 03/15/26) 0.00% 5,500 $6K New
COINBASE GLOBAL INC (COIN 0.5 06/01/26) 0.00% 5,000 $5K New
CONFLUENT INC (CFLT 0 01/15/27) 0.00% 4,000 $4K New
SNOWFLAKE INC (SNOW 0 10/01/27) 0.00% 1,193 $2K 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)
SecurityClassShares / PrincipalValueChange
GENVR Gen Digital Inc. - CVR RIGHT 99/99/9999 70,260$318KAdd +40.5%
GIWWR GIGCAPITAL8 Corp.-RTS RIGHT 09/30/2030 400,000$124KNew
FERAR Fifth Era Acquisition Corp. I RIGHT 02/21/2030 307,900$123KNo change
AACBR Artius II Acquisition Inc. RIGHT 11/27/2029 330,002$106KNo change
DMAAR Drugs Made in America Ac-RTS RIGHT 12/09/2029 362,500$68KNo change
TVAIR Thayer Ventures Acquisition RIGHT 05/15/2030 285,978$60KNo change
FCRS.WS Futurecrest Acquisition Corp. *W EXP 09/30/203 75,000$55KNew
APADR A Paradise Acquisition Corp. RIGHT 07/29/2025 200,000$50KReduce -33.3%
OYSER Oyster Enterprises II Acquis RIGHT 05/22/2030 250,000$50KNo change
AXINR Axiom Intelligence Acquisiti RIGHT 06/10/2030 225,000$47KNo change
SOULPOWER ACQUISITION CORP RIGHT 99/99/9999 250,000$44KNo change
DMIIR Drugs Made in America Acq-RT RIGHT 09/16/2030 300,000$42KNo change
SZZLR Sizzle Acquisition Corp. -RTS RIGHT 04/02/2030 250,000$40KNo change
TDWDR Tailwind 2.0 Acquisition-RTS RIGHT 11/07/2030 214,948$35KNew
MKLYR McKinley Acquisition Corp. RIGHT 07/25/2030 200,000$26KNew
QSEAR Quartzsea Acquisition Corp. RIGHT 02/18/2030 31,374$6KReduce -87.5%
GRABW Grab Holdings Ltd.-CW 26 *W EXP 99/99/999 17,800$5KNo change
STLNW Oncology Institute Inc. CW-22 *W EXP 99/99/999 25,024$4KNo change
AUROW Aurora Innovation Inc. -CW28 *W EXP 11/03/202 12,500$3KNo change
WGSWW Genedx Holdings Corp. *W EXP 07/22/202 20,000$948No 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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 204$608.2MIMVT, XOVR, CLM, RIVN, SPCX
Q1 2026 157$564.9MIMVT, CLM, RIVN, ACHR, CRF
Q4 2025Amended 275$419.5MIMVT, RIVN, ACHR, CVNA, ARES
Q3 2025Amended 130$378.3MCLM, IMVT, RIVN, CRF, ACHR
Q2 2025 145$383.4MCLM, ACHR, IMVT, DJT, CRF
Q1 2025 123$335.4MCLM, IMVT, ACHR, CRF, LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29)
Q4 2024Amended 166$295.1MCLM, IMVT, ACHR, CRF, HOOD
Q3 2024 152$391.9MIMVT, CLM, HOOD, CRF, ACHR
Q2 2024 455$519.9MIMVT, CLM, MSTR, HOOD, CRF
Q1 2024Amended 190$428.2MIMVT, HOOD, CLM, AGTI, CRF