In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Kore Advisors LP reported 12 stock positions worth $108.7 million . Its top holding was United States Steel (X) at 28.3% of the portfolio, followed by Wheels Up Experience (UP, 22.0% ) and Geo (GEO, 15.2% ). Compared with Q4 2024, it opened 1 new position, sold out of 3, added to 5 and reduced 1. The biggest buy was United States Steel (X, shares +47% ) and the biggest sale Wheels Up Experience (UP, shares −2% ).
Location BOYNTON BEACH, FL
CIK 0001971339
Portfolio Value $108.7M (Q1 2025) Holdings 12 stocks · $108.7M 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 Q4 2024 X United States Steel Corp. 727,549 $30.7M Add +46.6% UP Wheels Up Experience Inc. 23,632,265 $23.9M Reduce -1.6% GEO The Geo Group Inc. 566,550 $16.5M Add +1.9% CRGY Crescent Energy Inc. Class A 1,264,317 $14.2M Add +1.0% WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) 28,330,000 $6.4M Add +45.3% CHRD Chord Energy Corp. 48,000 $5.4M No change AR Antero Resources Corp. 106,508 $4.3M No change C Citigroup Inc. 44,692 $3.2M No change TH Target Hospitality Corp. 241,551 $1.6M New WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) 4,500,000 $1.1M Add +28.6% BWXT BWX Technologies Inc. 10,000 $987K No change GS Goldman Sachs Group Inc. 680 $371K No change
Options reported separately and not counted above: WOLFSPEED INC puts ($6.9M).
Portfolio Sells Q4 2024 → Q1 2025 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 2024 % Of Portfolio Change To Portfolio ▲ UP Wheels Up Experience Inc. Reduce -1.6% 21.96% −11.86 AL Sumisho Air Lease Corp. Sold out 0.00% −1.28 NE Noble Corp. PLC Sold out 0.00% −1.06 OPITQ Office Properties Income Tru Sold out 0.00% −0.33
Portfolio Buys Q4 2024 → Q1 2025 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 2024 % Of Portfolio Change To Portfolio ▼ X United States Steel Corp. Add +46.6% 28.29% +13.89 GEO The Geo Group Inc. Add +1.9% 15.22% +1.96 TH Target Hospitality Corp. New 1.46% +1.46 WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) Add +28.6% 1.03% −0.35 WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) Add +45.3% 5.86% −1.06 CRGY Crescent Energy Inc. Class A Add +1.0% 13.07% −2.53
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ CARVANA CO put Sold out 1,000,000 $203.4Mbefore exit SPY SS SPDR S&P 500 ETF Trust-US put Sold out 75,000 $44.0Mbefore exit QBIG Invesco Top QQQ ETF put Sold out 55,000 $28.1Mbefore exit UNITED STATES STL CORP NEW call Sold out 481,200 $16.4Mbefore exit WOLFSPEED INC put Add +68.0% 2,254,700 $6.9M LUMEN TECHNOLOGIES INC put Sold out 1,124,800 $6.0Mbefore exit AMC ENTMT HLDGS INC put Sold out 447,000 $1.8Mbefore 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 14 $86.6M GEO, CRGY, TH, AR, CRC Q1 2026 13 $79.1M CRGY, GEO, AR, UP, CRC Q4 2025 12 $59.4M GEO, CRGY, UP, AR, TH Q3 2025 14 $88.6M UP, GEO, CRGY, WOLF, AR Q2 2025 13 $76.2M UP, GEO, CRGY, WOLF, CHRD Q1 2025 Amended 12 $108.7M X, UP, GEO, CRGY, WOLF Q4 2024 14 $117.2M UP, CRGY, X, GEO, WOLF Q3 2024 13 $128.1M UP, X, CRGY, SPIRIT AIRLINES INC (SAVE 1 05/15/26), GEO Q2 2024 12 $126.2M UP, X, SBOW, SPIRIT AIRLINES INC (SAVE 1 05/15/26), GEO Q1 2024 13 $143.0M UP, X, SBOW, GROUPON INC (GRPN 1.125 03/15/26), DISH NETWORK CORP (DISH 3.375 08/15/26)