CM Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), CM Management, LLC reported 54 stock positions worth $99.5 million. Its top holding was Alico (ALCO) at 6.7% of the portfolio, followed by Taseko Mines (5.5%) and Radiant Logistics (RLGT, 4.8%). Compared with Q4 2024, it opened 5 new positions, sold out of 8, added to 25 and reduced 4. The biggest buy was a new position in Cytokinetics (CYTK) and the biggest sale an exit from Royalty Pharma Class A (RPRX).
- Most Recent 13F
- Q2 2026
- Location
- GULF BREEZE, FL
- CIK
- 0001841857
- Portfolio Value
- $99.5M (Q1 2025)
- SEC Filing
- 0001841857-25-000002 ↗ filed May 9, 2025
Holdings Value
Holdings 54 stocks · $99.5M
| ALCO Alico Inc. | 6.75% | 225,000 | $6.7M | No change |
| TASEKO MINES LTD | 5.51% | 2,450,000 | $5.5M | No change |
| RLGT Radiant Logistics Inc. | 4.79% | 775,000 | $4.8M | No change |
| RIGL Rigel Pharmaceuticals Inc. | 4.52% | 250,000 | $4.5M | Add +3.1% |
| PLPC Preformed Line Products Co. | 3.94% | 28,000 | $3.9M | Add +3.7% |
| FOLD Amicus Therapeutics Inc. | 3.69% | 450,000 | $3.7M | No change |
| TALO Talos Energy Inc. | 3.42% | 350,000 | $3.4M | No change |
| NMRK Newmark Group Inc. Class A | 3.36% | 275,000 | $3.3M | Reduce -8.3% |
| BGC BGC Group Inc. Class A | 2.76% | 300,000 | $2.8M | Add +9.1% |
| PD Pagerduty Inc. | 2.75% | 150,000 | $2.7M | No change |
| FCX Freeport-McMoran Inc. | 2.66% | 70,000 | $2.7M | Add +40.0% |
| INTT Intest Corp. | 2.63% | 375,000 | $2.6M | Add +2.7% |
| JAZZ Jazz Pharmaceuticals PLC | 2.49% | 20,000 | $2.5M | Add +33.3% |
| RBCAA Republic Bancorp Inc. Class A | 2.24% | 35,000 | $2.2M | No change |
| OGN Organon & Co. | 2.24% | 150,000 | $2.2M | No change |
| CGAU Centerra Gold Inc. | 2.23% | 350,000 | $2.2M | No change |
| ARKO Arko Corp. | 2.21% | 1,050,000 | $2.2M | No change |
| PK Park Hotels & Resorts Inc. | 2.15% | 200,000 | $2.1M | Add +33.3% |
| THFF First Financial Corp. | 2.09% | 42,500 | $2.1M | No change |
| CLPT Clearpoint Neuro Inc. | 2.09% | 175,000 | $2.1M | Reduce -39.7% |
| ARKR ARK Restaurants Corp. | 2.03% | 200,000 | $2.0M | No change |
| SABR Sabre Corp. | 1.98% | 700,000 | $2.0M | No change |
| BROOKLINE BANCORP INC | 1.97% | 180,000 | $2.0M | No change |
| VTRS Viatris Inc. | 1.97% | 225,000 | $2.0M | Add +12.5% |
| EOLS Evolus Inc. | 1.81% | 150,000 | $1.8M | No change |
| CHRS Coherus Oncology Inc. | 1.74% | 2,147,500 | $1.7M | Add +4.8% |
| IOVA Iovance Biotherapeutics Inc. | 1.67% | 500,000 | $1.7M | Add +66.7% |
| WBD Warner Bros Discovery Inc. | 1.62% | 150,000 | $1.6M | Add +114.3% |
| CYTK Cytokinetics Inc. | 1.62% | 40,000 | $1.6M | New |
| AVIR Atea Pharmaceuticals Inc. | 1.50% | 500,000 | $1.5M | Add +66.7% |
| COHU Cohu Inc. | 1.48% | 100,000 | $1.5M | Add +42.9% |
| HRTX Heron Therapeutics Inc. | 1.33% | 600,000 | $1.3M | Reduce -14.3% |
| COYA Coya Therapeutics Inc. | 1.30% | 200,000 | $1.3M | Add +25.0% |
| XOMA Xoma Royalty Corporation | 1.28% | 64,000 | $1.3M | Add +16.4% |
| ACAD Acadia Pharmaceuticals Inc. | 1.25% | 75,000 | $1.2M | Add +7.1% |
| SVC Service Pptys TR | 1.18% | 450,000 | $1.2M | No change |
| DIT Amcon Distributing Co. | 1.03% | 8,754 | $1.0M | Add +5.0% |
| CTSO Cytosorbents Corp. | 0.96% | 954,076 | $954K | Add +36.3% |
| ELDN Eledon Pharmaceuticals Inc. | 0.94% | 275,000 | $932K | No change |
| SWK Stanley Black & Decker Inc. | 0.77% | 10,000 | $769K | New |
| LTRN Lantern Pharma Inc. | 0.71% | 200,000 | $708K | No change |
| HRI Herc Holdings Inc. filed as HERC HLDGS INC | 0.67% | 5,000 | $671K | New |
| HAS Hasbro Inc. | 0.62% | 10,000 | $615K | Reduce -50.0% |
| NKTR Nektar Therapeutics | 0.55% | 800,000 | $544K | Add +6.7% |
| FEMY Femasys Inc. | 0.53% | 425,000 | $531K | No change |
| CRIS Curis Inc. | 0.51% | 240,000 | $504K | Add +9.1% |
| OSTX Os Therapies Inc. | 0.46% | 300,000 | $462K | Add +172.6% |
| DELL Dell Technologies -C | 0.46% | 5,000 | $456K | New |
| ELTX Elicio Therapeutics Inc. | 0.34% | 55,000 | $339K | Add +37.5% |
| ASSERTIO HOLDINGS INC | 0.32% | 475,000 | $320K | Add +18.8% |
| NWL Newell Brands Inc. | 0.31% | 50,000 | $310K | New |
| BCDA Biocardia Inc. | 0.19% | 75,000 | $191K | Add +200.0% |
| BATL Battalion Oil Corp. | 0.18% | 135,000 | $176K | No change |
| CGTX Cognition Therapeutics Inc. | 0.17% | 400,000 | $168K | Add +100.0% |
Portfolio Sells Q4 2024 → Q1 2025
| RPRX Royalty Pharma PLC Class A | Sold out | 0.00% | −3.65 |
| CPA Copa Holdings SA Class A | Sold out | 0.00% | −2.35 |
| CLPT Clearpoint Neuro Inc. | Reduce -39.7% | 2.09% | −1.89 |
| B Barrick Gold Corp. | Sold out | 0.00% | −1.73 |
| PAAS Pan American Silver Corp. | Sold out | 0.00% | −1.44 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −1.04 |
| CVS CVS Health Corp. | Sold out | 0.00% | −1.00 |
| CMPX Compass Therapeutics Inc. | Sold out | 0.00% | −0.40 |
| HAS Hasbro Inc. | Reduce -50.0% | 0.62% | −0.38 |
| EDSA Edesa Biotech Inc. | Sold out | 0.00% | −0.17 |
| NMRK Newmark Group Inc. Class A | Reduce -8.3% | 3.36% | −0.07 |
| HRTX Heron Therapeutics Inc. | Reduce -14.3% | 1.33% | +0.37 |
Portfolio Buys Q4 2024 → Q1 2025
| CYTK Cytokinetics Inc. | New | 1.62% | +1.62 |
| FCX Freeport-McMoran Inc. | Add +40.0% | 2.66% | +0.96 |
| WBD Warner Bros Discovery Inc. | Add +114.3% | 1.62% | +0.96 |
| RIGL Rigel Pharmaceuticals Inc. | Add +3.1% | 4.52% | +0.88 |
| PLPC Preformed Line Products Co. | Add +3.7% | 3.94% | +0.86 |
| JAZZ Jazz Pharmaceuticals PLC | Add +33.3% | 2.49% | +0.85 |
| SWK Stanley Black & Decker Inc. | New | 0.77% | +0.77 |
| HRI Herc Holdings Inc. | New | 0.67% | +0.67 |
| AVIR Atea Pharmaceuticals Inc. | Add +66.7% | 1.50% | +0.60 |
| BGC BGC Group Inc. Class A | Add +9.1% | 2.76% | +0.54 |
| COYA Coya Therapeutics Inc. | Add +25.0% | 1.30% | +0.48 |
| DELL Dell Technologies -C | New | 0.46% | +0.46 |
| CTSO Cytosorbents Corp. | Add +36.3% | 0.96% | +0.39 |
| NWL Newell Brands Inc. | New | 0.31% | +0.31 |
| PK Park Hotels & Resorts Inc. | Add +33.3% | 2.15% | +0.26 |
| ELTX Elicio Therapeutics Inc. | Add +37.5% | 0.34% | +0.16 |
| BCDA Biocardia Inc. | Add +200.0% | 0.19% | +0.14 |
| ACAD Acadia Pharmaceuticals Inc. | Add +7.1% | 1.25% | +0.10 |
| DIT Amcon Distributing Co. | Add +5.0% | 1.03% | +0.08 |
| CGTX Cognition Therapeutics Inc. | Add +100.0% | 0.17% | +0.04 |
| OSTX Os Therapies Inc. | Add +172.6% | 0.46% | +0.04 |
| ASSERTIO HOLDINGS INC | Add +18.8% | 0.32% | +0.01 |
| XOMA Xoma Royalty Corporation | Add +16.4% | 1.28% | −0.01 |
| NKTR Nektar Therapeutics | Add +6.7% | 0.55% | −0.08 |
| CRIS Curis Inc. | Add +9.1% | 0.51% | −0.09 |
| INTT Intest Corp. | Add +2.7% | 2.63% | −0.17 |
| COHU Cohu Inc. | Add +42.9% | 1.48% | −0.19 |
| VTRS Viatris Inc. | Add +12.5% | 1.97% | −0.25 |
| IOVA Iovance Biotherapeutics Inc. | Add +66.7% | 1.67% | −0.31 |
| CHRS Coherus Oncology Inc. | Add +4.8% | 1.74% | −0.79 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 71 | $157.4M | RIGL, ALCO, RPRX, RLGT, BGC |
| Q1 2026 | 71 | $119.6M | ALCO, RIGL, RPRX, RLGT, INTT |
| Q4 2025 | 62 | $118.6M | RIGL, TASEKO MINES LTD, ALCO, FOLD, PLPC |
| Q3 2025 | 65 | $119.9M | TASEKO MINES LTD, ALCO, RIGL, PLPC, RLGT |
| Q2 2025 | 67 | $109.8M | ALCO, TASEKO MINES LTD, RIGL, RLGT, PLPC |
| Q1 2025 | 54 | $99.5M | ALCO, TASEKO MINES LTD, RLGT, RIGL, PLPC |
| Q4 2024 | 57 | $112.0M | ALCO, RLGT, TASEKO MINES LTD, CLPT, FOLD |
| Q3 2024 | 64 | $125.3M | ALCO, TASEKO MINES LTD, RLGT, FOLD, RIGL |
| Q2 2024 | 63 | $109.0M | TASEKO MINES LTD, ALCO, FOLD, RLGT, RPRX |
| Q1 2024 | 69 | $119.1M | ALCO, TASEKO MINES LTD, FOLD, RPRX, NMRK |