Garnet Equity Capital Holdings, Inc. In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Garnet Equity Capital Holdings, Inc. reported 18 stock positions worth $166.4 million . Its top holding was Groupon (GRPN) at 14.6% of the portfolio, followed by Turtle Beach (TBCH, 12.2% ) and Talen Energy (TLN, 9.2% ). Compared with Q3 2024, it opened 3 new positions, sold out of 4, added to 6 and reduced 5. The biggest buy was Groupon (GRPN, shares +67% ) and the biggest sale an exit from Digitalbridge (DBRG).
Location NEW YORK, NY
CIK 0001423876
Portfolio Value $166.4M (Q4 2024) Holdings 18 stocks · $166.4M 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 Q3 2024 GRPN Groupon Inc. 1,999,812 $24.3M Add +67.2% TBCH Turtle Beach Corp. 1,172,367 $20.3M Add +8.0% TLN Talen Energy Corp. 75,600 $15.2M Reduce -6.2% GLNG Golar LNG Ltd. 328,500 $13.9M No change ATEX Anterix Inc. 388,829 $11.9M Add +33.3% BGC BGC Group Inc. Class A 1,211,000 $11.0M Reduce -20.9% KBR KBR Inc. 181,375 $10.5M Add +10.7% CLMT Calumet Inc. 455,589 $10.0M Add +25.3% CCJ Cameco Corp. 181,350 $9.3M Reduce -21.6% NTGR Netgear Inc. 322,417 $9.0M Add +18.5% URNM Sprott Uranium Miners ETF 201,750 $8.1M Reduce -23.7% KTOS Kratos Defense & Security 304,650 $8.0M Reduce -10.0% SOC Sable Offshore Corp. 220,400 $5.0M New NXE Nexgen Energy Ltd. 500,000 $3.3M No change AZ A2Z CUST2MATE Solutions Corp. 300,000 $2.0M New UEC Uranium Energy Corp. 250,000 $1.7M No change AMZN Amazon.com Inc. 7,400 $1.6M No change NBIS Nebius Group NV 40,000 $1.1M New
Options reported separately and not counted above: SPY puts ($468.9M), SOC calls ($13.7M), KTOS calls ($13.2M), GLNG calls ($10.6M), CLMT calls ($8.8M), SOC puts ($6.9M), TBCH calls ($3.5M), NTGR calls ($2.8M).
Portfolio Sells Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▲ DBRG Digitalbridge Group Inc. Sold out 0.00% −4.63 URNM Sprott Uranium Miners ETF Reduce -23.7% 4.89% −2.99 BXSL Blackstone Secured Lending F Sold out 0.00% −2.85 BGC BGC Group Inc. Class A Reduce -20.9% 6.59% −2.53 CCJ Cameco Corp. Reduce -21.6% 5.60% −1.57 RITM Rithm Capital Corp. Sold out 0.00% −1.47 HDSN Hudson Technologies Inc. Sold out 0.00% −0.38 KTOS Kratos Defense & Security Reduce -10.0% 4.83% −0.29 TLN Talen Energy Corp. Reduce -6.2% 9.15% −0.17
Portfolio Buys Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▼ GRPN Groupon Inc. Add +67.2% 14.60% +7.01 SOC Sable Offshore Corp. New 3.03% +3.03 NTGR Netgear Inc. Add +18.5% 5.40% +1.86 CLMT Calumet Inc. Add +25.3% 6.03% +1.83 TBCH Turtle Beach Corp. Add +8.0% 12.20% +1.39 AZ A2Z CUST2MATE Solutions Corp. New 1.19% +1.19 NBIS Nebius Group NV New 0.67% +0.67 ATEX Anterix Inc. Add +33.3% 7.17% +0.04 KBR KBR Inc. Add +10.7% 6.32% −0.61
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Add +300.0% 800,000 $468.9M URNM Sprott Uranium Miners ETF put Sold out 400,000 $18.4Mbefore exit GRPN Groupon Inc. call Sold out 1,700,000 $16.6Mbefore exit SOC Sable Offshore Corp. call New 600,000 $13.7M KTOS Kratos Defense & Security call New 500,000 $13.2M GLNG Golar LNG Ltd. call Reduce -51.1% 250,000 $10.6M CLMT Calumet Inc. call Reduce -33.3% 400,000 $8.8M SOC Sable Offshore Corp. put New 300,000 $6.9M DBRG Digitalbridge Group Inc. call Sold out 300,000 $4.2Mbefore exit TBCH Turtle Beach Corp. call Add +100.0% 200,000 $3.5M NTGR Netgear Inc. call Reduce -50.0% 100,000 $2.8M SMR Nuscale Power Corp. put Sold out 100,000 $1.2Mbefore exit
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 25 $223.3M TLN, FTAI, GRPN, TBCH, ATEX Q1 2026 19 $176.0M FTAI, TLN, TBCH, ESTA, NTGR Q4 2025 19 $201.0M TLN, FTAI, TBCH, KTOS, GRPN Q3 2025 22 $228.0M KTOS, TLN, TBCH, FTAI, GRPN Q2 2025 21 $216.0M GRPN, TBCH, TLN, GLNG, KTOS Q1 2025 19 $178.0M GRPN, TBCH, ATEX, GLNG, TLN Q4 2024 18 $166.4M GRPN, TBCH, TLN, GLNG, ATEX Q3 2024 19 $154.1M TBCH, TLN, BGC, URNM, GLNG Q2 2024 20 $130.3M GRPN, BGC, TBCH, KBR, DBRG Q1 2024 23 $118.0M GRPN, BGC, KBR, TBCH, DBRG