Garnet Equity Capital Holdings, Inc. In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Garnet Equity Capital Holdings, Inc. reported 19 stock positions worth $176.0 million . Its top holding was Ftai Aviation (FTAI) at 12.5% of the portfolio, followed by Talen Energy (TLN, 11.7% ) and Turtle Beach (TBCH, 8.7% ). Compared with Q4 2025, it opened 2 new positions, sold out of 2, added to 4 and reduced 8. The biggest buy was a new position in Sonida Senior Living (SNDA) and the biggest sale an exit from Kratos Defense & Security (KTOS).
Location NEW YORK, NY
CIK 0001423876
Portfolio Value $176.0M (Q1 2026) Holdings 19 stocks · $176.0M 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 FTAI Ftai Aviation Ltd. 90,028 $22.1M Reduce -24.4% TLN Talen Energy Corp. 64,537 $20.6M No change TBCH Turtle Beach Corp. 1,513,959 $15.4M No change ESTA Establishment Labs Holdings 264,442 $15.0M Add +32.8% NTGR Netgear Inc. 620,612 $13.6M Add +19.0% ATEX Anterix Inc. 343,496 $13.1M Reduce -13.6% GLNG Golar LNG Ltd. 219,504 $11.9M Reduce -42.9% GRPN Groupon Inc. 958,660 $11.4M No change AZ A2Z CUST2MATE Solutions Corp. 1,505,598 $10.0M Add +0.7% FIP Ftai Infrastructure Inc. 1,958,719 $9.7M Reduce -0.2% CCJ Cameco Corp. 75,594 $8.2M Reduce -0.1% HNRG Hallador Energy Co. 432,474 $7.0M Add +20.9% SNDA Sonida Senior Living Inc. 191,928 $6.2M New CLMT Calumet Inc. 100,746 $3.6M Reduce -9.8% NXE Nexgen Energy Ltd. 220,000 $2.6M Reduce -12.0% URNM Sprott Uranium Miners ETF 39,686 $2.5M No change NFE New Fortress Energy Inc. 1,945,617 $1.1M No change UEC Uranium Energy Corp. 85,000 $1.1M Reduce -15.3% MTCH Match Group Inc. 29,704 $912K New
Options reported separately and not counted above: SPY puts ($455.2M), MTCH calls ($9.2M), CCOI calls ($1.9M).
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 ▲ KTOS Kratos Defense & Security Sold out 0.00% −10.41 SOC Sable Offshore Corp. Sold out 0.00% −0.71 GLNG Golar LNG Ltd. Reduce -42.9% 6.75% −0.37 UEC Uranium Energy Corp. Reduce -15.3% 0.65% +0.07 NXE Nexgen Energy Ltd. Reduce -12.0% 1.45% +0.31 FTAI Ftai Aviation Ltd. Reduce -24.4% 12.53% +0.87 CLMT Calumet Inc. Reduce -9.8% 2.05% +0.95 FIP Ftai Infrastructure Inc. Reduce -0.2% 5.50% +0.99 CCJ Cameco Corp. Reduce -0.1% 4.66% +1.22 ATEX Anterix Inc. Reduce -13.6% 7.45% +3.14
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 ▼ SNDA Sonida Senior Living Inc. New 3.52% +3.52 NTGR Netgear Inc. Add +19.0% 7.70% +1.33 ESTA Establishment Labs Holdings Add +32.8% 8.53% +1.31 AZ A2Z CUST2MATE Solutions Corp. Add +0.7% 5.71% +0.86 HNRG Hallador Energy Co. Add +20.9% 4.00% +0.61 MTCH Match Group Inc. New 0.52% +0.52
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US call Sold out 800,000 $545.5Mbefore exit SPY SS SPDR S&P 500 ETF Trust-US put New 700,000 $455.2M MTCH Match Group Inc. call New 300,000 $9.2M FTAI Ftai Aviation Ltd. call Sold out 40,000 $7.9Mbefore exit DBRG Digitalbridge Group Inc. call Sold out 200,000 $3.1Mbefore exit SOC Sable Offshore Corp. call Sold out 300,000 $2.7Mbefore exit FIP Ftai Infrastructure Inc. call Sold out 250,000 $1.2Mbefore exit AZ A2Z CUST2MATE Solutions Corp. call Sold out 49,300 $321Kbefore 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