Bluefin Capital Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Bluefin Capital Management, LLC reported 58 stock positions worth $85.5 million. Its top holding was Coreweave Class A (CRWV) at 25.0% of the portfolio, followed by Alpha Architect 1-3 MNTH Box (BOXX, 12.2%) and SS SPDR BB Conv Sec ETF (CWB, 11.2%). Compared with Q4 2025, it opened 31 new positions, sold out of 96, added to 4 and reduced 21. The biggest buy was a new position in Alpha Architect 1-3 MNTH Box (BOXX) and the biggest sale Chipotle Mexican Grill (CMG, shares −97%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001144208
Portfolio Value
$85.5M (Q1 2026)
SEC Filing
0001144208-26-000005 ↗ filed May 15, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $402.2M Q1 2024 Q2 2024: $169.3M Q2 2024 Q3 2024: $91.2M Q3 2024 Q1 2025: $120.5M Q1 2025 Q2 2025: $126.0M Q2 2025 Q3 2025: $186.2M Q3 2025 Q4 2025: $354.2M Q4 2025 Q1 2026: $85.5M $85.5M Q1 2026 Q2 2026: $341.0M Q2 2026

Holdings 58 stocks · $85.5M
CRWV Coreweave Inc. Class A 24.96% 275,270 $21.3M Reduce -72.8%
BOXX Alpha Architect 1-3 MNTH Box 12.25% 90,000 $10.5M New
CWB SS SPDR BB Conv Sec ETF 11.22% 104,719 $9.6M New
SPY SS SPDR S&P 500 ETF Trust-US 8.45% 11,100 $7.2M Reduce -84.9%
CCOI Cogent Communications Holdin 2.92% 132,304 $2.5M Reduce -16.3%
UTF Cohen & Steers Infrastructur 2.78% 91,699 $2.4M Reduce -9.0%
QQQ Invesco QQQ Trust Series 1 2.70% 4,000 $2.3M Reduce -91.1%
ET Energy Transfer LP 2.58% 114,099 $2.2M Reduce -50.0%
PAA Plains All Amer Pipeline LP 2.41% 92,100 $2.1M New
C Citigroup Inc. 2.28% 17,200 $2.0M New
CRC California Resources Corp. 1.89% 23,300 $1.6M New
PFF iShares Preferred & Income S 1.74% 49,167 $1.5M New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.69% 5,975 $1.4M Add +497.5%
PFE Pfizer Inc. 1.31% 39,754 $1.1M Reduce -45.2%
RIO Rio Tinto PLC-Spon ADR 1.12% 10,300 $961K New
MU Micron Technology Inc. 1.06% 2,681 $906K New
GLD SPDR Gold Shares 1.06% 2,100 $904K Reduce -82.8%
CMG Chipotle Mexican Grill Inc. 1.02% 27,317 $874K Reduce -96.6%
ATKR Atkore Inc. 1.01% 14,702 $866K New
ITGR Integer Holdings Corp. 0.86% 8,342 $734K New
JBLU Jetblue Airways Corp. 0.83% 160,000 $707K New
CRCL Circle Internet Group Inc. 0.79% 7,095 $677K New
GOOGL Alphabet Inc. Class A 0.75% 2,235 $643K Reduce -60.1%
TSM Taiwan Semiconductor-SP ADR 0.75% 1,890 $639K Reduce -66.8%
BMY Bristol-Myers Squibb Co. 0.73% 10,300 $625K Reduce -89.4%
MBI Mbia Inc. 0.67% 97,006 $573K Add +41.0%
GHI Greystone Housing Impact Inv 0.59% 103,201 $508K No change
MRK Merck & Co. Inc. 0.56% 4,000 $481K New
CWAN Clearwater Analytics HDS-A 0.55% 20,000 $473K No change
BILL Bill Holdings Inc. 0.51% 11,398 $437K New
ECHO Echostar Corp. Class A 0.48% 3,500 $410K Add +16.7%
GFI Gold Fields Ltd.-Spons ADR 0.48% 9,000 $409K New
BHF Brighthouse Financial Inc. 0.46% 6,599 $395K New
RKLB Rocket Lab Corp. 0.45% 6,000 $385K New
ASTS Ast Spacemobile Inc. 0.43% 4,400 $365K New
VSNT Versant Media Group Inc. 0.42% 9,673 $358K New
SNDK Sandisk Corp. 0.42% 562 $357K New
PGR Progressive Corp. 0.42% 1,800 $357K Reduce -78.6%
CME Cme Group Inc. 0.38% 1,100 $325K New
OCSL Oaktree Specialty Lending Co. 0.34% 25,500 $288K Reduce -0.4%
GOOG Alphabet Inc. Class C 0.34% 1,000 $287K Reduce -50.0%
CVX Chevron Corp. 0.30% 1,250 $259K Reduce -76.9%
EPR Epr Properties filed as EPR PPTYS 0.30% 5,100 $255K New
ELME Elme Communities 0.29% 124,340 $250K Add +88.7%
EPD Enterprise Products Partners 0.29% 6,600 $250K Reduce -54.2%
MSFT Microsoft Corp. 0.28% 645 $239K New
EWY iShares MSCI South Korea ETF 0.27% 1,871 $230K New
TAK Takeda Pharmaceutic-SP ADR 0.24% 10,900 $202K New
IMSR Terrestrial Energy Inc. 0.23% 32,463 $195K New
PSKY Paramount Skydance Class B 0.22% 20,871 $188K Reduce -94.2%
OBDC Blue Owl Capital Corp. 0.20% 15,200 $168K New
AGNC AGNC Investment Corp. 0.19% 16,300 $163K Reduce -90.9%
UDMY Udemy Inc. 0.18% 34,186 $158K New
MPT Medical Properties Trust Inc. 0.10% 19,200 $89K Reduce -93.2%
NUCL Eagle Nuclear Energy Corp. 0.09% 10,301 $79K New
GETY Getty Images Holdings Inc. 0.07% 74,014 $59K Reduce -75.5%
BESS Bimergen Energy Corp. 0.06% 24,800 $53K New
BGDE Big Digital Energy Inc. filed as MAWSON INFRASTRUCTURE GROUP 0.03% 15,100 $29K New

Options reported separately and not counted above: CRWV calls ($18.5M), HAPN calls ($9.9M), HAPN puts ($9.7M), CRWV puts ($4.7M), EA calls ($2.0M), SPY puts ($1.2M), WBD puts ($1.1M), SO puts ($772K), WBD calls ($753K), ES puts ($672K), QQQ puts ($669K), GLD calls ($478K), and 38 more.

Other holdings (19): bonds, preferreds, convertibles and warrants · $17.7M (not counted above)
SecurityClassShares / PrincipalValueChange
GLD SPDR Gold Shares GOLD SHS · principal 9,900$4.3MNew
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 272,439$2.4MAdd +66.7%
UPS United Parcel Service Class B CL B · principal 22,000$2.2MNew
DIS The Walt Disney Co. COM · principal 18,100$1.7MNew
RIOT Riot Platforms Inc. COM · principal 129,948$1.6MNew
WEN The Wendy's Co. COM · principal 193,676$1.3MNew
UNH Unitedhealth Group Inc. COM · principal 4,675$1.3MNew
GDXJ Vaneck Junior Gold Miners JUNIOR GOLD MINE · principal 7,700$924KNew
GDX Vaneck Gold Miners ETF GOLD MINERS ETF · principal 5,600$514KNew
AES AES Corp. COM · principal 26,200$369KNew
VALE Vale SA-SP ADR SPONSORED ADS · principal 22,800$363KNew
NLOP Net Lease Office Property COM · principal 24,996$288KNew
SGRY Surgery Partners Inc. COM · principal 18,000$215KNew
KDKRW Ares Acquisition Corp. II-28 *W EXP 09/25/203 89,799$97KAdd +7.0%
VENU Venu Holding Corp. COM · principal 25,000$83KNew
FGMCR FG Merger II Corp. RIGHT 02/11/2030 146,010$60KReduce -9.9%
VWAVW Visionwave Holdings Inc. *W EXP 07/14/203 · principal 32,800$28KNew
BESS.WS Bimergen Energy Corp. *W EXP 12/12/203 32,821$23KNew
NPWR.WS Rice Acquisition Corp. II-CW *W EXP 06/08/202 · principal 26,537$7KNew

Total filed on the 13F, all lines: $103.2M.

Portfolio Sells Q4 2025 → Q1 2026
CMG Chipotle Mexican Grill Inc. Reduce -96.6% 1.02% −7.28
SILJ Amplify Junior Silver Miners Sold out 0.00% −6.08
SPY SS SPDR S&P 500 ETF Trust-US Reduce -84.9% 8.45% −5.70
URA Global X Uranium ETF Sold out 0.00% −5.25
QQQ Invesco QQQ Trust Series 1 Reduce -91.1% 2.70% −5.11
NFLX Netflix Inc. Sold out 0.00% −2.37
SIL Global X Silver Miners ETF Sold out 0.00% −2.10
PSKY Paramount Skydance Class B Reduce -94.2% 0.22% −1.15
TSLA Tesla Inc. Sold out 0.00% −1.11
VALE Vale SA-SP ADR Sold out 0.00% −0.84
LW Lamb Weston Holdings Inc. Sold out 0.00% −0.79
BMY Bristol-Myers Squibb Co. Reduce -89.4% 0.73% −0.75
AXP American Express Co. Sold out 0.00% −0.68
UPS United Parcel Service Class B Sold out 0.00% −0.64
WBD Warner Bros Discovery Inc. Sold out 0.00% −0.56
CSCO Cisco Systems Inc. Sold out 0.00% −0.54
BTI British American Tob-SP ADR Sold out 0.00% −0.52
EFA iShares MSCI Eafe ETF Sold out 0.00% −0.52
PM Philip Morris International Sold out 0.00% −0.51
EXE Expand Energy Corp. Sold out 0.00% −0.50
GS Goldman Sachs Group Inc. Sold out 0.00% −0.45
FXI iShares China Large-Cap ETF Sold out 0.00% −0.44
DE Deere & Co. Sold out 0.00% −0.43
COPX Global X Copper Miners ETF Sold out 0.00% −0.42
CORZ Core Scientific Inc. Sold out 0.00% −0.42
LQDA Liquidia Corp. Sold out 0.00% −0.41
QCOM Qualcomm Inc. Sold out 0.00% −0.40
MS Morgan Stanley Sold out 0.00% −0.36
IWM iShares Russell 2000 ETF Sold out 0.00% −0.35
AMGN Amgen Inc. Sold out 0.00% −0.35
AGNC AGNC Investment Corp. Reduce -90.9% 0.19% −0.35
VTR Ventas Inc. Sold out 0.00% −0.34
GLD SPDR Gold Shares Reduce -82.8% 1.06% −0.31
NVDA Nvidia Corp. Sold out 0.00% −0.29
MPT Medical Properties Trust Inc. Reduce -93.2% 0.10% −0.29
EWT iShares MSCI Taiwan ETF Sold out 0.00% −0.28
MO Altria Group Inc. Sold out 0.00% −0.27
GILD Gilead Sciences Inc. Sold out 0.00% −0.27
NUE Nucor Corp. Sold out 0.00% −0.27
URNM Sprott Uranium Miners ETF Sold out 0.00% −0.26
GNW Genworth Financial Inc. Sold out 0.00% −0.25
USB US Bancorp Sold out 0.00% −0.25
STHO Star Holdings Sold out 0.00% −0.23
HASI Ha Sustainable Infrastructur Sold out 0.00% −0.23
RSP Invesco S&P 500 Equal Weight Sold out 0.00% −0.23
NLOP Net Lease Office Property Sold out 0.00% −0.22
UNF Unifirst Corp. Sold out 0.00% −0.22
OIH Vaneck Oil Services ETF Sold out 0.00% −0.21
WMB Williams Cos Inc. Sold out 0.00% −0.21
LMT Lockheed Martin Corp. Sold out 0.00% −0.20

Portfolio Buys Q4 2025 → Q1 2026
BOXX Alpha Architect 1-3 MNTH Box New 12.25% +12.25
CWB SS SPDR BB Conv Sec ETF New 11.22% +11.22
PAA Plains All Amer Pipeline LP New 2.41% +2.41
C Citigroup Inc. New 2.28% +2.28
CRC California Resources Corp. New 1.89% +1.89
PFF iShares Preferred & Income S New 1.74% +1.74
IBM Intl Business Machines Corp. Add +497.5% 1.69% +1.61
RIO Rio Tinto PLC-Spon ADR New 1.12% +1.12
MU Micron Technology Inc. New 1.06% +1.06
ATKR Atkore Inc. New 1.01% +1.01
ITGR Integer Holdings Corp. New 0.86% +0.86
JBLU Jetblue Airways Corp. New 0.83% +0.83
CRCL Circle Internet Group Inc. New 0.79% +0.79
MRK Merck & Co. Inc. New 0.56% +0.56
MBI Mbia Inc. Add +41.0% 0.67% +0.53
BILL Bill Holdings Inc. New 0.51% +0.51
GFI Gold Fields Ltd.-Spons ADR New 0.48% +0.48
BHF Brighthouse Financial Inc. New 0.46% +0.46
RKLB Rocket Lab Corp. New 0.45% +0.45
ASTS Ast Spacemobile Inc. New 0.43% +0.43
VSNT Versant Media Group Inc. New 0.42% +0.42
SNDK Sandisk Corp. New 0.42% +0.42
ECHO Echostar Corp. Class A Add +16.7% 0.48% +0.39
CME Cme Group Inc. New 0.38% +0.38
EPR Epr Properties New 0.30% +0.30
MSFT Microsoft Corp. New 0.28% +0.28
EWY iShares MSCI South Korea ETF New 0.27% +0.27
TAK Takeda Pharmaceutic-SP ADR New 0.24% +0.24
IMSR Terrestrial Energy Inc. New 0.23% +0.23
OBDC Blue Owl Capital Corp. New 0.20% +0.20
UDMY Udemy Inc. New 0.18% +0.18
NUCL Eagle Nuclear Energy Corp. New 0.09% +0.09
BESS Bimergen Energy Corp. New 0.06% +0.06
BGDE Big Digital Energy Inc. New 0.03% +0.03
ELME Elme Communities Add +88.7% 0.29% −0.03

Options Activity Q4 2025 → Q1 2026
CRWV Coreweave Inc. Class A call Reduce -58.0% 1,772,200 $18.5M
HAPN Happen Inc. call New 195,000 $9.9M
HAPN Happen Inc. put New 195,000 $9.7M
CRWV Coreweave Inc. Class A put Reduce -5.3% 1,089,600 $4.7M
SOC Sable Offshore Corp. put Sold out 408,000 $3.2Mbefore exit
CMG Chipotle Mexican Grill Inc. put Sold out 1,204,000 $3.0Mbefore exit
EA Electronic Arts Inc. call New 317,300 $2.0M
SPY SS SPDR S&P 500 ETF Trust-US put Add +41.5% 113,200 $1.2M
WBD Warner Bros Discovery Inc. put New 2,271,300 $1.1M
SO The Southern Co. call Sold out 125,000 $948Kbefore exit
FWRD Forward Air Corp. call Sold out 106,200 $871Kbefore exit
NFLX Netflix Inc. put Sold out 300,000 $774Kbefore exit
SO The Southern Co. put Reduce -53.3% 285,000 $772K
WBD Warner Bros Discovery Inc. call Add +1539.8% 1,475,800 $753K
ES Eversource Energy put Reduce -53.9% 3,000 $672K
QQQ Invesco QQQ Trust Series 1 put Reduce -63.3% 45,000 $669K
GLD SPDR Gold Shares call Reduce -50.0% 40,000 $478K
INTC Intel Corp. call Sold out 139,700 $294Kbefore exit
SPY SS SPDR S&P 500 ETF Trust-US call Add +564.0% 265,600 $267K
LQDA Liquidia Corp. call Sold out 89,500 $264Kbefore exit
SO The Southern Co. put New 50,000 $245K
CORZ Core Scientific Inc. call Reduce -97.6% 39,500 $231K
WBD Warner Bros Discovery Inc. put New 164,700 $209K
URA Global X Uranium ETF put Sold out 337,500 $208Kbefore exit
ES Eversource Energy put New 1,000 $208K
GLD SPDR Gold Shares put Add +25.0% 25,000 $147K
EA Electronic Arts Inc. put New 308,200 $140K
CRWV Coreweave Inc. Class A put Reduce -65.9% 113,900 $111K
EWY iShares MSCI South Korea ETF put New 20,000 $97K
NVDA Nvidia Corp. put Sold out 20,000 $79Kbefore exit
LW Lamb Weston Holdings Inc. put Sold out 300,600 $75Kbefore exit
SOC Sable Offshore Corp. call Sold out 379,700 $73Kbefore exit
WEN The Wendy's Co. put New 461,500 $69K
EWY iShares MSCI South Korea ETF call New 20,000 $65K
CCOI Cogent Communications Holdin put New 32,400 $62K
KWEB Kranesh Csi China Internet put Sold out 120,400 $60Kbefore exit
CCOI Cogent Communications Holdin call Add +30.8% 523,600 $58K
GDX Vaneck Gold Miners ETF call Reduce -71.4% 10,000 $58K
SILJ Amplify Junior Silver Miners put Sold out 377,000 $55Kbefore exit
RIOT Riot Platforms Inc. call New 140,000 $41K
PSKY Paramount Skydance Class B put Sold out 41,900 $37Kbefore exit
PSKY Paramount Skydance Class B put Reduce -97.6% 10,000 $37K
LQDA Liquidia Corp. put Sold out 81,000 $27Kbefore exit
IBIT iShares Bitcoin Trust ETF call New 150,000 $24K
GOOG Alphabet Inc. Class C call New 77,700 $22K
EWZ iShares MSCI Brazil ETF put Sold out 134,800 $21Kbefore exit
BILL Bill Holdings Inc. call New 123,300 $20K
ET Energy Transfer LP put Add +10.6% 104,600 $18K
JBLU Jetblue Airways Corp. call New 163,500 $17K
QQQ Invesco QQQ Trust Series 1 call Add +6.6% 93,300 $15K

Showing the first 50 of 99.

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2025 → Q1 2026
GLD SPDR Gold Shares GOLD SHS · principal New 9,900 $4.3M
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 Add +66.7% 272,439 $2.4M
UPS United Parcel Service Class B CL B · principal New 22,000 $2.2M
DIS The Walt Disney Co. COM · principal New 18,100 $1.7M
RIOT Riot Platforms Inc. COM · principal New 129,948 $1.6M
WEN The Wendy's Co. COM · principal New 193,676 $1.3M
UNH Unitedhealth Group Inc. COM · principal New 4,675 $1.3M
GDXJ Vaneck Junior Gold Miners JUNIOR GOLD MINE · principal New 7,700 $924K
GDX Vaneck Gold Miners ETF GOLD MINERS ETF · principal New 5,600 $514K
AES AES Corp. COM · principal New 26,200 $369K
VALE Vale SA-SP ADR SPONSORED ADS · principal New 22,800 $363K
NLOP Net Lease Office Property COM · principal New 24,996 $288K
GENVR Gen Digital Inc. - CVR RIGHT 99/99/9999 Sold out 54,493 $246Kbefore exit
SGRY Surgery Partners Inc. COM · principal New 18,000 $215K
KDKRW Ares Acquisition Corp. II-28 *W EXP 09/25/203 Add +7.0% 89,799 $97K
VENU Venu Holding Corp. COM · principal New 25,000 $83K
FGMCR FG Merger II Corp. RIGHT 02/11/2030 Reduce -9.9% 146,010 $60K
VWAVW Visionwave Holdings Inc. *W EXP 07/14/203 Sold out 37,700 $44Kbefore exit
VWAVW Visionwave Holdings Inc. *W EXP 07/14/203 · principal New 32,800 $28K
BESS.WS Bimergen Energy Corp. *W EXP 12/12/203 New 32,821 $23K
NPWR.WS Rice Acquisition Corp. II-CW *W EXP 06/08/202 Sold out 37,607 $19Kbefore exit
NPWR.WS Rice Acquisition Corp. II-CW *W EXP 06/08/202 · principal New 26,537 $7K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 82$341.0MMSFT, NVDA, XOVR, AMD, SPY
Q1 2026 58$85.5MCRWV, BOXX, CWB, SPY, CCOI
Q4 2025 123$354.2MCRWV, SPY, CMG, QQQ, SILJ
Q3 2025 32$186.2MCRWV, QQQ, SPY, CORZ, PSKY
Q2 2025 90$126.0MHYG, UNH, CRWV, PFF, JNPR
Q1 2025 63$120.5MCEF, IWM, SPY, TIP, CWB
Q3 2024 59$91.2MCEF, PWSC, ET, GOOG, STHO
Q2 2024 48$169.3MNVDA, SPY, QQQ, CVX, ET
Q1 2024Amended 82$402.2MPALO ALTO NETWORKS (PANW 0.375 06/01/25), CEF, PHYS, SPY, DE