BRC Group Holdings, Inc.

Name: BRC Group Holdings, Inc. 13F holdings, Q2 2025
Creator: BRC Group Holdings, Inc.
Published: 2026-02-03

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed February 3, 2026), BRC Group Holdings, Inc. reported 34 stock positions worth $88.6 million. Its top holding was Doubledown Interactive -ADR (DDI) at 39.0% of the portfolio, followed by Babcock & Wilcox Enterpr (BW, 29.8%) and Bit Digital (BTBT, 7.2%). Compared with Q1 2025, it opened 22 new positions, sold out of 8, added to 2 and reduced 4. The biggest buy was a new position in Bit Digital (BTBT) and the biggest sale Doubledown Interactive -ADR (DDI, shares −15%).

Most Recent 13F: Q2 2026
Location: LOS ANGELES, CA
CIK: 0001464790
Portfolio Value: $88.6M (Q2 2025)
SEC Filing: 0001213900-26-011554 ↗ filed Feb 3, 2026

Holdings Value

Holdings 34 stocks · $88.6M


DDI Doubledown Interactive -ADR	38.97%	3,606,568	$34.5M	Reduce -14.6%
BW Babcock & Wilcox Enterpr	29.82%	27,446,522	$26.4M	No change
BTBT Bit Digital Inc.	7.22%	2,918,488	$6.4M	New
TRANSACT TECHNOLOGIES INC	3.83%	926,755	$3.4M	No change
DIREXION DLY S&P 500 BEAR 3X	3.18%	600,000	$2.8M	New
SNCR Synchronoss Technologies Inc.	2.22%	287,596	$2.0M	Reduce -6.2%
DRDB Roman DBDR Acquisition Corp.	1.45%	605,913	$1.3M	No change
RDW Redwire Corp.	1.39%	75,341	$1.2M	New
IBIT iShares Bitcoin Trust ETF	1.14%	16,500	$1.0M	Add +725.0%
STLN Starling Oncology Inc. filed as THE ONCOLOGY INSTITUTE INC	1.07%	462,000	$947K	Add +208.0%
DAVE Dave Inc.	0.91%	3,000	$805K	Reduce -57.1%
BZH Beazer Homes USA Inc.	0.72%	28,386	$635K	New
HROW Harrow Inc.	0.65%	18,814	$575K	New
DBRG Digitalbridge Group Inc.	0.63%	53,921	$558K	New
GSAT Globalstar Inc.	0.63%	23,627	$556K	New
VSEC Vse Corp.	0.58%	3,913	$513K	New
HNST The Honest Co. Inc.	0.57%	99,719	$508K	New
ETON Eton Pharmaceuticals Inc.	0.51%	31,504	$449K	New
QNST Quinstreet Inc.	0.51%	27,780	$447K	New
AVNW Aviat Networks Inc.	0.46%	16,858	$405K	New
CDZI Cadiz Inc.	0.41%	121,537	$363K	No change
XGN Exagen Inc.	0.39%	50,000	$349K	New
BWMN Bowman Consulting Group Ltd.	0.38%	11,848	$341K	New
DHC Diversified Healthcare Trust	0.37%	91,603	$328K	New
OPRA Opera Ltd.-ADR	0.35%	16,484	$312K	New
IMAX Imax Corp.	0.34%	10,887	$304K	New
PRTH Priority Technology Holdings	0.33%	37,406	$291K	New
ONTO Onto Innovation Inc.	0.28%	2,490	$251K	New
AOMR Angel Oak Mortgage REIT Inc.	0.26%	24,728	$233K	New
CAN Canaan Inc.	0.21%	304,878	$189K	New
GCTS GCT Semiconductor Holding Inc.	0.10%	56,818	$85K	No change
SCLX Scilex Holding Co.	0.08%	12,414	$73K	Reduce -97.1%
RMCO Royalty Management Holding C	0.03%	20,000	$26K	No change
SDST Stardust Power Inc.	0.01%	63,694	$13K	New

Other holdings (4): bonds, preferreds, convertibles and warrants · $396K (not counted above)

Security	Class	Shares / Principal	Value	Change
FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25)	NOTE 11/0 · principal	150,000	$146K	New
BEYOND MEAT INC (BYND 0 03/15/27)	NOTE 3/1 · principal	1,500,000	$119K	Add +7.9%
EOS ENERGY ENTER -CW26	*W EXP 11/17/202	224,400	$105K	No change
WOLF Wolfspeed Inc. (wolf 0.25 02/15/28)	NOTE 0.250% 2/1 · principal	100,000	$25K	No change

Total filed on the 13F, all lines: $89.0M.

Portfolio Sells Q1 2025 → Q2 2025


DDI Doubledown Interactive -ADR	Reduce -14.6%	38.97%	−13.76
LSEA Landsea Homes Corp.	Sold out	0.00%	−4.12
NN Nextnav Inc.	Sold out	0.00%	−3.22
EGHT 8X8 Inc.	Sold out	0.00%	−2.10
SNCR Synchronoss Technologies Inc.	Reduce -6.2%	2.22%	−1.98
CORZ Core Scientific Inc.	Sold out	0.00%	−1.51
AGEN Agenus Inc.	Sold out	0.00%	−0.73
GAME Gamesquare Hldgs Inc.	Sold out	0.00%	−0.41
SCLX Scilex Holding Co.	Reduce -97.1%	0.08%	−0.05
SPMC Sound Point Meridian Capital	Sold out	0.00%	−0.04
EVOK Evoke Pharma Inc.	Sold out	0.00%	−0.02
DAVE Dave Inc.	Reduce -57.1%	0.91%	+0.18

Portfolio Buys Q1 2025 → Q2 2025


BTBT Bit Digital Inc.	New	7.22%	+7.22
DIREXION DLY S&P 500 BEAR 3X	New	3.18%	+3.18
RDW Redwire Corp.	New	1.39%	+1.39
IBIT iShares Bitcoin Trust ETF	Add +725.0%	1.14%	+1.02
STLN Starling Oncology Inc.	Add +208.0%	1.07%	+0.85
BZH Beazer Homes USA Inc.	New	0.72%	+0.72
HROW Harrow Inc.	New	0.65%	+0.65
DBRG Digitalbridge Group Inc.	New	0.63%	+0.63
GSAT Globalstar Inc.	New	0.63%	+0.63
VSEC Vse Corp.	New	0.58%	+0.58
HNST The Honest Co. Inc.	New	0.57%	+0.57
ETON Eton Pharmaceuticals Inc.	New	0.51%	+0.51
QNST Quinstreet Inc.	New	0.51%	+0.51
AVNW Aviat Networks Inc.	New	0.46%	+0.46
XGN Exagen Inc.	New	0.39%	+0.39
BWMN Bowman Consulting Group Ltd.	New	0.38%	+0.38
DHC Diversified Healthcare Trust	New	0.37%	+0.37
OPRA Opera Ltd.-ADR	New	0.35%	+0.35
IMAX Imax Corp.	New	0.34%	+0.34
PRTH Priority Technology Holdings	New	0.33%	+0.33
ONTO Onto Innovation Inc.	New	0.28%	+0.28
AOMR Angel Oak Mortgage REIT Inc.	New	0.26%	+0.26
CAN Canaan Inc.	New	0.21%	+0.21
SDST Stardust Power Inc.	New	0.01%	+0.01

Notes & Other Activity Q1 2025 → Q2 2025


FIVERR INTERNATIONAL LTD (FVRR 0 11/01/25)	NOTE 11/0 · principal	New	150,000	$146K
BEYOND MEAT INC (BYND 0 03/15/27)	NOTE 3/1 · principal	Add +7.9%	1,500,000	$119K

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	35	$433.4M	BW, DDI, SQNS, STLN, DRDB
Q1 2026	19	$456.0M	BW, DDI, SQNS, RIOT, DRDB
Q4 2025	20	$233.9M	BW, DDI, APLD, SQNS, SNCR
Q3 2025	21	$147.1M	BW, DDI, AMAT, SQNS, TRANSACT TECHNOLOGIES INC
Q2 2025	34	$88.6M	DDI, BW, BTBT, TRANSACT TECHNOLOGIES INC, DIREXION DLY S&P 500 BEAR 3X
Q1 2025	20	$79.3M	DDI, BW, TRANSACT TECHNOLOGIES INC, SNCR, LSEA
Q4 2024	13	$119.2M	BW, DDI, CDZI, SNCR, LSEA
Q3 2024	13	$149.6M	DDI, BW, SNCR, LILMF, TACT
Q2 2024	14	$122.9M	DDI, BW, SNCR, LILMF, TACT
Q1 2024	13	$103.2M	DDI, BW, SNCR, IPX, TACT