Crawford Fund Management, LLC In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Crawford Fund Management, LLC reported 31 stock positions worth $306.6 million . Its top holding was Uber Technologies (UBER) at 6.9% of the portfolio, followed by Roku (ROKU, 6.3% ) and Morningstar (MORN, 4.9% ). Compared with Q4 2025, it opened 3 new positions, sold out of 6, added to 19 and reduced 9. The biggest buy was Roku (ROKU, shares +222% ) and the biggest sale an exit from Grupo Cibest SA-ADR (CIB).
Location BOSTON, MA
CIK 0001816427
Portfolio Value $306.6M (Q1 2026) Holdings 31 stocks · $306.6M 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 Q4 2025 UBER Uber Technologies Inc. 293,264 $21.1M Add +30.6% ROKU Roku Inc. 202,800 $19.2M Add +221.6% MORN Morningstar Inc. 89,200 $15.1M Add +339.4% WT Wisdomtree Inc. 1,025,834 $14.9M Reduce -17.4% BAH Booz Allen Hamilton Holdings 189,911 $14.8M Add +22.8% XPEL Xpel Inc. 332,051 $14.7M Reduce -8.8% CROX Crocs Inc. 176,513 $14.7M Add +132.0% CUBI Customers Bancorp Inc. 203,750 $14.1M Add +10.8% TOST Toast Inc. Class A 523,836 $13.9M Add +106.3% LNG Cheniere Energy Inc. 46,045 $13.1M Reduce -45.9% SA Seabridge Gold Inc. 434,743 $12.3M Add +7.2% NXST Nexstar Media Group Inc. 61,893 $11.2M Reduce -31.7% NTB Bank of N.T. Butterfield&son 207,404 $10.9M Add +2.9% GRBK Green Brick Partners Inc. 156,700 $10.1M Add +66.9% KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 135,429 $10.0M Add +50.9% CDW CDW Corp. 82,452 $10.0M Add +63.4% HBCP Home Bancorp Inc. 161,459 $9.8M Reduce -5.3% SAM Boston Beer Company Inc. Class A 39,381 $9.1M Reduce -36.0% UTHR United Therapeutics Corp. 14,868 $8.8M Add +65.3% ABNB Airbnb Inc. Class A 67,192 $8.5M Add +40.6% CHE Chemed Corp. 21,325 $8.1M Add +47.3% HLI Houlihan Lokey Inc. 50,531 $7.3M New KNSL Kinsale Capital Group Inc. 20,970 $7.2M Add +738.8% HROW Harrow Inc. 193,300 $6.8M Add +86.9% NNI Nelnet Inc. Class A 46,955 $6.1M Add +1.9% HIFS Hingham Institution for SVGS 14,659 $4.2M Reduce -40.3% VCEL Vericel Corp. 129,988 $4.2M Add +591.4% PM Philip Morris International 13,300 $2.2M Reduce -61.5% RGLD Royal Gold Inc. 8,000 $2.0M New COUR Coursera Inc. 210,000 $1.2M New MLP Maui Land & Pineapple Co. filed as MAUI LD & PINEAPPLE INC 78,233 $1.2M Reduce -15.0%
Options reported separately and not counted above: BE puts ($8.3M), MRNA puts ($8.0M), UNH puts ($7.3M), SNOW puts ($7.1M), IONQ puts ($5.9M), ALK puts ($5.2M), RIVN puts ($4.7M), STLA puts ($4.5M), ASTS puts ($4.5M), OWL puts ($4.3M), CRWV puts ($4.1M), TEM puts ($3.9M), and 140 more.
Portfolio Sells Q4 2025 → Q1 2026 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 Q4 2025 % Of Portfolio Change To Portfolio ▲ CIB Grupo Cibest SA-ADR Sold out 0.00% −5.23 YELP Yelp Inc. Sold out 0.00% −5.10 TPL Texas Pacific Land Corp. Sold out 0.00% −3.84 OPCH Option Care Health Inc. Sold out 0.00% −3.75 NXST Nexstar Media Group Inc. Reduce -31.7% 3.65% −2.25 NATH Nathan's Famous Inc. Sold out 0.00% −1.77 PM Philip Morris International Reduce -61.5% 0.72% −1.06 LNG Cheniere Energy Inc. Reduce -45.9% 4.26% −1.05 XPEL Xpel Inc. Reduce -8.8% 4.79% −1.03 SFM Sprouts Farmers Market Inc. Sold out 0.00% −0.96 SAM Boston Beer Company Inc. Class A Reduce -36.0% 2.96% −0.89 HIFS Hingham Institution for SVGS Reduce -40.3% 1.37% −0.87 MLP Maui Land & Pineapple Co. Reduce -15.0% 0.39% −0.11 WT Wisdomtree Inc. Reduce -17.4% 4.87% +0.02 HBCP Home Bancorp Inc. Reduce -5.3% 3.19% +0.03
Portfolio Buys Q4 2025 → Q1 2026 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 Q4 2025 % Of Portfolio Change To Portfolio ▼ ROKU Roku Inc. Add +221.6% 6.26% +4.07 MORN Morningstar Inc. Add +339.4% 4.92% +3.50 CROX Crocs Inc. Add +132.0% 4.78% +2.69 HLI Houlihan Lokey Inc. New 2.37% +2.37 KNSL Kinsale Capital Group Inc. Add +738.8% 2.34% +2.02 TOST Toast Inc. Class A Add +106.3% 4.53% +1.64 UTHR United Therapeutics Corp. Add +65.3% 2.88% +1.47 GRBK Green Brick Partners Inc. Add +66.9% 3.29% +1.41 VCEL Vericel Corp. Add +591.4% 1.36% +1.15 CDW CDW Corp. Add +63.4% 3.25% +1.05 KSPI JSC Kaspi.kz ADR Add +50.9% 3.27% +1.02 UBER Uber Technologies Inc. Add +30.6% 6.88% +1.00 ABNB Airbnb Inc. Class A Add +40.6% 2.77% +0.69 RGLD Royal Gold Inc. New 0.66% +0.66 BAH Booz Allen Hamilton Holdings Add +22.8% 4.83% +0.65 CHE Chemed Corp. Add +47.3% 2.63% +0.64 HROW Harrow Inc. Add +86.9% 2.22% +0.60 COUR Coursera Inc. New 0.40% +0.40 NTB Bank of N.T. Butterfield&son Add +2.9% 3.55% +0.33 CUBI Customers Bancorp Inc. Add +10.8% 4.61% +0.30 SA Seabridge Gold Inc. Add +7.2% 4.02% +0.17 NNI Nelnet Inc. Class A Add +1.9% 1.97% +0.01
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ BE Bloom Energy Corp. Class A put Reduce -72.8% 61,000 $8.3M MRNA Moderna Inc. put Reduce -36.0% 158,200 $8.0M UNH Unitedhealth Group Inc. put Reduce -3.6% 27,000 $7.3M SNOW Snowflake Inc. put Reduce -9.9% 47,200 $7.1M LMND Lemonade Inc. put Sold out 95,700 $6.8Mbefore exit WBD Warner Bros Discovery Inc. put Sold out 221,000 $6.4Mbefore exit IONQ Ionq Inc. put Reduce -51.2% 205,500 $5.9M COHR Coherent Corp. put Sold out 29,300 $5.4Mbefore exit ALK Alaska Air Group Inc. put Add +10.2% 141,000 $5.2M RIVN Rivian Automotive Inc. Class A put Reduce -43.3% 311,900 $4.7M STLA Stellantis NV put Add +13.7% 632,000 $4.5M ASTS Ast Spacemobile Inc. put Reduce -59.7% 54,000 $4.5M OWL Blue Owl Capital Inc. put Add +43.6% 471,000 $4.3M CRWV Coreweave Inc. Class A put Reduce -27.6% 52,500 $4.1M TEM Tempus AI Inc. Class A put Add +23.0% 85,500 $3.9M RH RH put New 21,700 $3.0M BKSY Blacksky Technology Inc. put Reduce -28.6% 115,000 $2.9M ACHR Archer Aviation Inc. Class A put Add +122.4% 556,000 $2.9M U Unity Software Inc. put Reduce -22.7% 126,300 $2.8M BA The Boeing Co. put Reduce -87.0% 13,800 $2.7M JBLU Jetblue Airways Corp. put Add +7.0% 614,000 $2.7M PII Polaris Inc. put Add +666.1% 47,500 $2.6M RGTI Rigetti Computing Inc. put Reduce -16.4% 184,000 $2.6M CNK Cinemark Holdings Inc. put Reduce -8.2% 90,000 $2.6M TSM Taiwan Semiconductor-SP ADR put Sold out 8,000 $2.4Mbefore exit KSS Kohls Corp. put Reduce -36.0% 181,000 $2.3M SMR Nuscale Power Corp. put Reduce -7.3% 209,000 $2.3M AI C3.AI Inc. Class A put Reduce -34.0% 262,000 $2.2M BKD Brookdale Senior Living Inc. put Reduce -46.9% 161,100 $2.2M TEVA Teva Pharmaceutical-SP ADR put Reduce -67.8% 73,000 $2.2M SKYT Skywater Technology Inc. put Reduce -47.7% 80,000 $2.2M AMRZ Amrize Ltd. call Reduce -4.9% 39,000 $2.2M HIMS Hims & Hers Health Inc. put Sold out 64,500 $2.1Mbefore exit XIFR XPLR Infrastructure LP put Reduce -25.9% 197,000 $2.1M FCEL Fuelcell Energy Inc. put Add +11.9% 318,800 $2.1M MFIC Midcap Financial Investment put Add +131.3% 185,000 $2.1M CCOI Cogent Communications Holdin put Add +12.5% 110,100 $2.1M CROX Crocs Inc. call Sold out 24,000 $2.1Mbefore exit F Ford Motor Co. put Sold out 154,900 $2.0Mbefore exit CZR Caesars Entertainment Inc. put Reduce -39.7% 76,000 $2.0M VNET Vnet Group Inc.-ADR put Reduce -33.5% 236,000 $2.0M NCLH Norwegian Cruise Line Holdin put Reduce -38.3% 104,500 $2.0M ATKR Atkore Inc. call Reduce -40.9% 33,000 $1.9M AAL American Airlines Group Inc. put Add +66.0% 173,500 $1.9M ADBE Adobe Inc. call New 7,500 $1.8M TDOC Teladoc Health Inc. put Add +51.5% 324,100 $1.8M JEF Jefferies Financial Group Inc. put Add +32.5% 42,000 $1.7M FSLY Fastly Inc. Class A put Reduce -71.4% 59,000 $1.7M APLD Applied Digital Corp. put Reduce -38.3% 70,000 $1.7M ARES Ares Management Corp. Class A put New 15,200 $1.7M
Showing the first 50 of 189.
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