Crawford Fund Management, LLC In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Crawford Fund Management, LLC reported 31 stock positions worth $135.7 million . Its top holding was Uber Technologies (UBER) at 7.1% of the portfolio, followed by United Therapeutics (UTHR, 6.3% ) and Roku (ROKU, 5.9% ). Compared with Q2 2024, it opened 5 new positions, sold out of 4, added to 13 and reduced 12. The biggest buy was a new position in Chemed (CHE) and the biggest sale an exit from Texas Pacific Land (TPL).
Location BOSTON, MA
CIK 0001816427
Portfolio Value $135.7M (Q3 2024) Holdings 31 stocks · $135.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2024 UBER Uber Technologies Inc. 128,800 $9.7M Add +15.2% UTHR United Therapeutics Corp. 23,692 $8.5M Reduce -29.5% ROKU Roku Inc. 106,382 $7.9M Reduce -14.0% LNG Cheniere Energy Inc. 44,156 $7.9M Add +43.6% NATH Nathan's Famous Inc. 97,660 $7.9M Add +11.8% NXST Nexstar Media Group Inc. 43,557 $7.2M Add +13.0% RGLD Royal Gold Inc. 47,327 $6.6M Add +9.7% NNI Nelnet Inc. Class A 57,787 $6.5M Add +0.4% IBKR Interactive Brokers Gro Class A 44,158 $6.2M Reduce -21.7% XPEL Xpel Inc. 136,593 $5.9M Add +3.1% SAM Boston Beer Company Inc. Class A 19,936 $5.8M Reduce -11.4% SA Seabridge Gold Inc. 317,089 $5.3M Add +50.6% CROX Crocs Inc. 34,811 $5.0M Add +379.5% GHC Graham Holdings Co. Class B 6,120 $5.0M Reduce -22.6% WT Wisdomtree Inc. 499,874 $5.0M Add +34.0% CHE Chemed Corp. 7,150 $4.3M New SII Sprott Inc. 99,139 $4.3M Add +11.7% HBCP Home Bancorp Inc. 91,247 $4.1M Add +48.3% BUR Burford Capital Ltd. 287,446 $3.8M Add +12.0% CUBI Customers Bancorp Inc. 67,353 $3.1M Reduce -44.8% ABNB Airbnb Inc. Class A 23,750 $3.0M New DEI Douglas Emmett Inc. 162,436 $2.9M New CLFD Clearfield Inc. 50,988 $2.0M Reduce -38.8% URNM Sprott Uranium Miners ETF 180,100 $1.8M New PM Philip Morris International 10,200 $1.2M Reduce -10.5% HIFS Hingham Institution for SVGS 4,881 $1.2M Reduce -38.1% OUNZ Vaneck Merk Gold ETF 39,900 $1.0M No change SMLR Semler Scientific Inc. 37,500 $883K New TSLA Tesla Inc. 3,000 $785K Reduce -82.1% ATKR Atkore Inc. 5,105 $433K Reduce -81.3% HYLN Hyliion Holdings Corp. 116,738 $290K Reduce -40.8%
Options reported separately and not counted above: BA puts ($30.1M), PFE puts ($15.3M), MRNA puts ($13.1M), AFRM puts ($12.6M), SMCI puts ($7.8M), GM puts ($7.2M), DOCN puts ($7.1M), RIVN puts ($6.4M), SG puts ($6.4M), ALK puts ($5.7M), WBD puts ($5.2M), WBA puts ($5.2M), and 156 more.
Portfolio Sells Q2 2024 → Q3 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▲ TPL Texas Pacific Land Corp. Sold out 0.00% −4.15 ATKR Atkore Inc. Reduce -81.3% 0.32% −2.59 CUBI Customers Bancorp Inc. Reduce -44.8% 2.31% −2.33 UTHR United Therapeutics Corp. Reduce -29.5% 6.26% −2.22 TSLA Tesla Inc. Reduce -82.1% 0.58% −2.06 NPWR Net Power Inc. Sold out 0.00% −1.63 PRLB Proto Labs Inc. Sold out 0.00% −1.21 SAM Boston Beer Company Inc. Class A Reduce -11.4% 4.25% −1.19 CLFD Clearfield Inc. Reduce -38.8% 1.46% −1.08 AIRJ Airjoule Technologies Corp. Sold out 0.00% −1.04 IBKR Interactive Brokers Gro Class A Reduce -21.7% 4.54% −0.94 GHC Graham Holdings Co. Class B Reduce -22.6% 3.71% −0.68 HIFS Hingham Institution for SVGS Reduce -38.1% 0.88% −0.24 HYLN Hyliion Holdings Corp. Reduce -40.8% 0.21% −0.04 ROKU Roku Inc. Reduce -14.0% 5.85% −0.02 PM Philip Morris International Reduce -10.5% 0.91% −0.00
Portfolio Buys Q2 2024 → Q3 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▼ CHE Chemed Corp. New 3.17% +3.17 CROX Crocs Inc. Add +379.5% 3.72% +2.88 ABNB Airbnb Inc. Class A New 2.22% +2.22 DEI Douglas Emmett Inc. New 2.10% +2.10 SA Seabridge Gold Inc. Add +50.6% 3.92% +1.64 LNG Cheniere Energy Inc. Add +43.6% 5.85% +1.59 URNM Sprott Uranium Miners ETF New 1.34% +1.34 NATH Nathan's Famous Inc. Add +11.8% 5.82% +1.13 HBCP Home Bancorp Inc. Add +48.3% 3.00% +1.05 WT Wisdomtree Inc. Add +34.0% 3.68% +0.75 UBER Uber Technologies Inc. Add +15.2% 7.14% +0.70 XPEL Xpel Inc. Add +3.1% 4.37% +0.68 SMLR Semler Scientific Inc. New 0.65% +0.65 RGLD Royal Gold Inc. Add +9.7% 4.89% +0.62 SII Sprott Inc. Add +11.7% 3.17% +0.26 NXST Nexstar Media Group Inc. Add +13.0% 5.31% +0.24 NNI Nelnet Inc. Class A Add +0.4% 4.82% +0.22 BUR Burford Capital Ltd. Add +12.0% 2.81% +0.15
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ BA The Boeing Co. put Add +478.1% 197,700 $30.1M PFE Pfizer Inc. put Reduce -9.8% 529,900 $15.3M MRNA Moderna Inc. put Add +43.2% 196,600 $13.1M AFRM Affirm Holdings Inc. put Add +33.0% 307,800 $12.6M SMCI Super Micro Computer Inc. put New 18,800 $7.8M GM General Motors Co. put Reduce -37.6% 160,000 $7.2M DOCN Digitalocean Holdings Inc. put Add +0.5% 175,200 $7.1M RIVN Rivian Automotive Inc. Class A put Add +11.8% 572,700 $6.4M SG Sweetgreen Inc. Class A put Reduce -19.9% 181,000 $6.4M ALK Alaska Air Group Inc. put Reduce -1.1% 126,200 $5.7M WBD Warner Bros Discovery Inc. put Add +86.9% 634,500 $5.2M WBA Walgreens Boots Alliance Inc. put Add +15.1% 583,300 $5.2M AI C3.AI Inc. Class A put Add +5.5% 206,000 $5.0M XIFR XPLR Infrastructure LP put Reduce -20.9% 177,900 $4.9M IONQ Ionq Inc. put Add +62.9% 554,900 $4.8M U Unity Software Inc. put Add +91.4% 211,500 $4.8M NTNX Nutanix Inc. Class A put Add +35.2% 80,200 $4.8M VNO Vornado Realty Trust put Reduce -38.1% 111,500 $4.4M TPC Tutor Perini Corp. put New 161,000 $4.4M SOFI Sofi Technologies Inc. put Add +96.6% 545,500 $4.3M RUN Sunrun Inc. put Add +10.3% 230,500 $4.2M AAP Advance Auto Parts Inc. put New 101,500 $4.0M BE Bloom Energy Corp. Class A put Add +39.6% 357,500 $3.8M FND Floor & Decor Holdings Inc. Class A put New 30,100 $3.7M NVDA Nvidia Corp. put Reduce -19.7% 30,500 $3.7M BXP BXP Inc. put Reduce -20.8% 45,800 $3.7M JWN Nordstrom Inc. put Reduce -24.2% 161,500 $3.6M TDOC Teladoc Health Inc. put Add +69.3% 369,000 $3.4M TSN Tyson Foods Inc. Class A call Add +2.7% 56,500 $3.4M SLG SL Green Realty Corp. put Reduce -33.5% 46,600 $3.2M LMND Lemonade Inc. put Reduce -17.9% 192,500 $3.2M CCL Carnival Corp. put Reduce -0.3% 169,500 $3.1M EVBG Everbridge Inc. put Sold out 88,300 $3.1Mbefore exit QS Quantumscape Corp. put Reduce -4.6% 534,000 $3.1M HIMS Hims & Hers Health Inc. put Reduce -8.8% 166,500 $3.1M NCLH Norwegian Cruise Line Holdin put Reduce -30.4% 149,000 $3.1M MOS The Mosaic Co. call Add +2.3% 112,500 $3.0M BUD Anheuser-Busch Inbev-SPN ADR put Reduce -23.7% 45,000 $3.0M AMSC American Superconductor Corp. put Reduce -22.5% 124,000 $2.9M EXAS Exact Sciences Corp. put Add +114.0% 42,800 $2.9M TEVA Teva Pharmaceutical-SP ADR put Add +32.6% 156,500 $2.8M PLTR Palantir Technologies Inc. Class A put Reduce -33.3% 74,000 $2.8M CALY Callaway Golf Company put New 248,000 $2.7M PRO Pros Holdings Inc. put Add +125.7% 146,000 $2.7M LYFT LYFT Inc. Class A put Add +6.9% 201,000 $2.6M HA Hawaiian Holdings Inc. put Add +14.6% 141,500 $2.5M ALLY Ally Financial Inc. put Add +2.2% 70,000 $2.5M FSLY Fastly Inc. Class A put Add +55.0% 307,000 $2.3M WTRG Essential Utilities Inc. put Reduce -10.6% 56,500 $2.2M AAL American Airlines Group Inc. put Reduce -25.9% 190,000 $2.1M
Showing the first 50 of 170.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 32 $326.0M TOST, UBER, TPL, CROX, LNG Q1 2026 31 $306.6M UBER, ROKU, MORN, WT, BAH Q4 2025 34 $311.9M NXST, UBER, XPEL, LNG, CIB Q3 2025 26 $185.0M UBER, LNG, NXST, SA, ROKU Q2 2025 25 $169.8M UBER, ROKU, LNG, UTHR, SAM Q1 2025 26 $151.6M UBER, LNG, SAM, UTHR, ROKU Q4 2024 33 $149.3M ROKU, LNG, UBER, SAM, NATH Q3 2024 31 $135.7M UBER, UTHR, ROKU, LNG, NATH Q2 2024 30 $126.2M UTHR, UBER, ROKU, IBKR, SAM Q1 2024 36 $128.0M ATKR, UTHR, IBKR, NXST, NNI