Beartown Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 18, 2026), Beartown Capital Management, LLC reported 38 stock positions worth $127.9 million. Its top holding was Terawulf (WULF) at 18.0% of the portfolio, followed by Echostar Class A (ECHO, 12.8%) and Hut 8 (HUT, 9.3%).
- Most Recent 13F
- Q2 2026
- Location
- HUNTINGTON WOODS, MI
- CIK
- 0001877162
- Portfolio Value
- $127.9M (Q4 2025)
- SEC Filing
- 0001398344-26-003321 ↗ filed Feb 18, 2026
Holdings Value
Holdings 38 stocks · $127.9M
| WULF Terawulf Inc. | 17.97% | 2,000,000 | $23.0M | — |
| ECHO Echostar Corp. Class A | 12.75% | 150,000 | $16.3M | — |
| HUT Hut 8 Corp. | 9.34% | 260,000 | $11.9M | — |
| CORZ Core Scientific Inc. | 9.11% | 800,000 | $11.6M | — |
| NBIS Nebius Group NV | 8.84% | 135,000 | $11.3M | — |
| NVRI Enviri Corp. | 5.92% | 422,441 | $7.6M | — |
| VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC | 5.67% | 400,000 | $7.3M | — |
| PRCH Porch Group Inc. | 3.21% | 450,000 | $4.1M | — |
| ATEX Anterix Inc. | 2.48% | 145,000 | $3.2M | — |
| TDS Telephone and Data Systems | 2.40% | 75,000 | $3.1M | — |
| SEM Select Medical Holdings Corp. | 2.32% | 200,000 | $3.0M | — |
| KW Kennedy-Wilson Holdings Inc. | 2.27% | 300,000 | $2.9M | — |
| NRGV Energy Vault Holdings Inc. | 2.16% | 600,000 | $2.8M | — |
| CBNA Chain Bridge Bancorp Inc. Class A | 2.05% | 75,794 | $2.6M | — |
| PRTH Priority Technology Holdings | 1.70% | 400,000 | $2.2M | — |
| FCNCA First Citizens Bcshs Class A | 1.68% | 1,000 | $2.1M | — |
| CENX Century Aluminum Company | 1.53% | 50,000 | $2.0M | — |
| KNOP Knot Offshore Partners LP | 1.27% | 157,082 | $1.6M | — |
| CMTL Comtech Telecommunications | 1.04% | 251,881 | $1.3M | — |
| BVFL BV Financial Inc. filed as BV FINL INC | 0.86% | 60,616 | $1.1M | — |
| TALK Talkspace Inc. | 0.85% | 300,000 | $1.1M | — |
| SCOR Comscore Inc. | 0.64% | 126,207 | $820K | — |
| AFBI Affinity Bancshares Inc. | 0.49% | 30,416 | $623K | — |
| STRZ Starz Entertainment Corp. | 0.46% | 50,000 | $585K | — |
| MLKMF Waldencast PLC-A | 0.44% | 300,000 | $564K | — |
| FSI Flexible Solutions Intl Inc. | 0.39% | 74,754 | $503K | — |
| MAPS WM Technology Inc. | 0.37% | 568,883 | $469K | — |
| GLIBK Liberty Capital Corp. Class C filed as GCI LIBERTY INC | 0.29% | 10,000 | $372K | — |
| TRS Trimas Corp. | 0.28% | 10,000 | $355K | — |
| GOOG Alphabet Inc. Class C | 0.25% | 1,026 | $322K | — |
| WW WW International Inc.-New filed as WW INTL INC | 0.23% | 10,000 | $292K | — |
| FTEK Fuel Tech Inc. | 0.20% | 160,027 | $250K | — |
| AMZN Amazon.com Inc. | 0.19% | 1,026 | $237K | — |
| TTAM Titan America SA | 0.13% | 10,000 | $165K | — |
| LMNR Limoneira Co. | 0.13% | 12,892 | $163K | — |
| FARM Farmer Bros Co. | 0.06% | 54,009 | $79K | — |
| FSP Franklin Street Properties C | 0.01% | 19,868 | $19K | — |
| CNTY Century Casinos Inc. | 0.01% | 10,000 | $13K | — |
Options reported separately and not counted above: WULF calls ($4.6M), CORZ calls ($2.9M), NBIS calls ($1.7M), KNOP calls ($1.3M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $7K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | 30,209 | $7K | — |
Total filed on the 13F, all lines: $127.9M.
Portfolio Sells Q4 2025
No earlier filing to compare with.
Portfolio Buys Q4 2025
No earlier filing to compare with.