Logan Stone Capital, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Logan Stone Capital, LLC reported 150 stock positions worth $405.5 million. Its top holding was iShares Bitcoin Trust ETF (IBIT) at 11.0% of the portfolio, followed by Fox Class B (FOX, 8.1%) and Grayscale Ethereum Staking M (ETH, 5.4%). Compared with Q3 2025, it opened 108 new positions, sold out of 24, added to 24 and reduced 15. The biggest buy was a new position in PIMCO Dynamic Income Fund (PDI) and the biggest sale an exit from iShares Broad Usd High Yield (USHY).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001535521
- Portfolio Value
- $405.5M (Q4 2025)
- SEC Filing
- 0001214659-26-001972 ↗ filed Feb 17, 2026
Holdings Value
Holdings 150 stocks · $405.5M
| IBIT iShares Bitcoin Trust ETF | 11.00% | 898,383 | $44.6M | Add +284.9% |
| FOX Fox Corp. Class B | 8.12% | 507,077 | $32.9M | Add +50.4% |
| ETH Grayscale Ethereum Staking M | 5.40% | 780,143 | $21.9M | Add +1630.1% |
| PDI PIMCO Dynamic Income Fund | 5.33% | 1,220,602 | $21.6M | New |
| NWSA News Corp. Class A | 5.09% | 790,650 | $20.7M | Add +543.5% |
| SSK Rex Osprey Sol Staking ETF | 4.83% | 1,028,236 | $19.6M | Add +44.5% |
| GOF Guggenheim Strategic Opport | 3.15% | 990,476 | $12.8M | New |
| PTY PIMCO Corporate & Income Opp | 3.02% | 949,085 | $12.2M | New |
| JFR Nuveen Floating Rate Income | 2.48% | 1,282,748 | $10.0M | Add +1096.3% |
| DSL Doubleline Income Solutions | 2.46% | 884,170 | $10.0M | New |
| SVAQU Silicon Valley Acquisition C | 1.84% | 750,000 | $7.5M | New |
| XPCQX PIMCO California Muni Inc. FD | 1.75% | 811,685 | $7.1M | Add +62.6% |
| GSOL Grayscale Solana Staking ETF | 1.48% | 659,344 | $6.0M | New |
| XEFRX Eaton Vance Sr FLTG Rate TR | 1.45% | 526,372 | $5.9M | Add +679.6% |
| ANSC Agriculture & Natural Soluti | 1.38% | 500,955 | $5.6M | New |
| XRPR Rex-Osprey XRP ETF | 1.31% | 353,651 | $5.3M | Add +31.1% |
| PTA Cohen & Steers Tax-Advantage | 1.28% | 268,583 | $5.2M | New |
| GIW GIGCAPITAL8 Corp. Class A | 1.25% | 512,612 | $5.1M | New |
| OBA Oxley Bridge Acquisitio Class A | 1.25% | 502,424 | $5.1M | New |
| CRAC Crown Reserve Acquisiti Class A | 1.24% | 507,700 | $5.0M | New |
| DLY Doubleline Yield Opport | 1.23% | 342,383 | $5.0M | New |
| EWU iShares MSCI United Kingdom | 1.22% | 112,162 | $4.9M | Reduce -10.5% |
| RQI Cohen & Steers Qual Inc. RLTY | 1.17% | 416,675 | $4.8M | New |
| AGG iShares Core U.S. Aggregate | 1.15% | 46,805 | $4.7M | Reduce -8.9% |
| KOYN CSLM Digital Asset Acqu - A | 0.98% | 398,462 | $4.0M | New |
| LKSP Lake Superior Acquisiti Class A | 0.97% | 395,502 | $3.9M | New |
| TVAI Thayer Ventures Acquis Class A | 0.95% | 379,200 | $3.8M | New |
| AIIA AI Infrastructure Ac-A | 0.90% | 365,399 | $3.6M | New |
| EZU iShares MSCI Eurozone ETF | 0.85% | 53,692 | $3.4M | Add +4.9% |
| FTHY First Trust Hi YLD Opp 2027 | 0.80% | 230,788 | $3.2M | New |
| TACO Berto Acquisition Corp. | 0.79% | 316,198 | $3.2M | New |
| EFT Eaton Vance Fltng RT Inc. TR | 0.75% | 269,680 | $3.0M | Add +1441.7% |
| XJQCX Nuveen Credit Strategies Inc. | 0.70% | 566,916 | $2.8M | Add +575.5% |
| IXJ iShares Global Healthcare Et | 0.70% | 29,167 | $2.8M | New |
| MMTX Miluna Acquisition Class A | 0.64% | 260,230 | $2.6M | New |
| VACH Voyager Acquisition Corp. | 0.62% | 236,027 | $2.5M | Add +733.2% |
| APAC Stonebridge Acquisition Class A | 0.62% | 252,000 | $2.5M | New |
| VVR Invesco Senior Income Trust | 0.61% | 751,461 | $2.5M | Add +24.3% |
| MFM Aberdeen Municipal Income | 0.59% | 439,446 | $2.4M | Reduce -13.5% |
| BGB Blackstone Strategic Credit | 0.59% | 202,024 | $2.4M | New |
| SSEA Starry Sea Acquisition Corp. | 0.53% | 213,795 | $2.1M | New |
| AFB Allianceberstein NTL Muni | 0.50% | 188,972 | $2.0M | Add +60.6% |
| RMI Rivernorth Opport Muni Inc. | 0.49% | 137,906 | $2.0M | Reduce -14.8% |
| KIO KKR Income Opportunities | 0.48% | 168,195 | $1.9M | New |
| UTF Cohen & Steers Infrastructur | 0.48% | 80,670 | $1.9M | New |
| COPL Copley Acquisition Corp. Class A | 0.48% | 189,723 | $1.9M | No change |
| ALIS Calisa Acquisition Corp. | 0.41% | 165,931 | $1.6M | New |
| FCT First Trust SNR FL RT Inc. II | 0.40% | 162,903 | $1.6M | New |
| JGH Nuveen Global High Income | 0.38% | 121,485 | $1.5M | New |
| IFN Aberdeen India Fund Inc. | 0.37% | 109,531 | $1.5M | New |
| LWAC Lightwave Acquisition Corp. Class A | 0.36% | 144,603 | $1.5M | New |
| MMD Nylim Mackay Definedterm Mun filed as NYLI MACKAY DEFINEDTERM MUNI | 0.36% | 97,306 | $1.4M | New |
| ARDC Ares Dynamic Credit All | 0.36% | 108,646 | $1.4M | New |
| EOS Eaton Vance Enh Eqt Inc. II | 0.35% | 60,815 | $1.4M | New |
| GTERA Globa Terra Acquisition Co. Class A | 0.35% | 140,014 | $1.4M | New |
| RFM Rivernorth Flexible Muni | 0.34% | 99,005 | $1.4M | Add +77.5% |
| MUC BlackRock Munihold Ca QLTY | 0.34% | 129,327 | $1.4M | Add +188.5% |
| BRW Saba Capital Income & Opport | 0.30% | 176,138 | $1.2M | New |
| USA Liberty All Star Equity Fund | 0.30% | 194,895 | $1.2M | New |
| PML PIMCO Municipal Income FD II | 0.30% | 159,011 | $1.2M | New |
| VFL Abrdn National Municipal Inc. | 0.29% | 113,485 | $1.2M | Add +29.7% |
| HYI Western Asset High Yield Opp | 0.26% | 93,990 | $1.0M | New |
| BYM BlackRock Muni Inc. QLTY | 0.26% | 95,777 | $1.0M | Reduce -15.4% |
| ETV Eaton Vance T/M Buy-Writ Opp | 0.26% | 72,440 | $1.0M | New |
| TDWD Tailwind 2.0 Acquisitio Class A | 0.26% | 105,595 | $1.0M | New |
| BGX Blackstone Long-Short Credit | 0.25% | 86,012 | $1.0M | New |
| LEGT Legato Merger Corp. III | 0.25% | 91,477 | $995K | New |
| MUE BlackRock Munihold QLT FD II | 0.23% | 94,690 | $950K | Reduce -11.1% |
| OPP Rivernrth/Doublelne STR Opp | 0.23% | 117,642 | $935K | New |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | 0.21% | 58,669 | $862K | New |
| RFMZ Rivernorth Flex Muni II | 0.21% | 67,255 | $851K | New |
| MKLY McKinley Acquisition Co. Class A | 0.21% | 85,377 | $851K | New |
| BBN BlackRock Taxable Muni BND | 0.21% | 50,949 | $831K | New |
| AAXJ iShares MSCI All Country Asi | 0.20% | 8,699 | $810K | New |
| NCV Virtus Convertible & Income | 0.20% | 53,013 | $803K | Add +187.0% |
| RVT Royce Small-Cap Trust Inc. | 0.19% | 48,819 | $786K | New |
| MXF Mexico Fund Inc. | 0.19% | 38,710 | $780K | No change |
| FMN Federated Herm Prem Muni Inc. | 0.19% | 68,827 | $765K | Reduce -8.8% |
| XSCDX LMP Capital and Income Fund | 0.18% | 50,132 | $742K | New |
| ETW Eaton Vance T/M GLBL Buy-WR | 0.18% | 80,471 | $742K | New |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.18% | 29,218 | $736K | New |
| CCIX Churchill Capital Corp. Ix | 0.18% | 66,965 | $712K | New |
| MQY BlackRock Muniyield Quality | 0.16% | 58,233 | $658K | New |
| EVF Eaton Vance Senior Income TR | 0.15% | 116,530 | $614K | Add +513.5% |
| SDHY Pgim SHRT Durat Hi YLD | 0.14% | 35,653 | $586K | New |
| CXE MFS High Income Municipal TR | 0.14% | 154,058 | $570K | Reduce -5.5% |
| MHD BlackRock Muniholdings Fund | 0.14% | 47,359 | $556K | Reduce -48.5% |
| BH Biglari Holdings Inc. Class B | 0.13% | 1,620 | $539K | New |
| XRMMX Rvrnrth MGD Dur Muni Inc. filed as RIVERNORTH MANAGED DUR MUN I | 0.13% | 39,029 | $531K | New |
| FAX Abrdn Asia-Pacific Income | 0.13% | 34,303 | $526K | New |
| RLTY Cohen & Steers RL Est Opprt | 0.13% | 35,689 | $525K | New |
| QSEA Quartzsea Acquisition Corp. | 0.13% | 50,053 | $512K | No change |
| PDT John Hancock Prem DVD FND | 0.12% | 39,695 | $504K | New |
| XBFZX BlackRock Ca Muni Inc. TR | 0.12% | 46,406 | $498K | Add +30.5% |
| SZZL Sizzle Acquisition Corp. Class A | 0.12% | 48,560 | $493K | Add +82.8% |
| MYI BlackRock Muniyield QLTY III | 0.12% | 43,600 | $474K | New |
| HYT BlackRock Corp. Hi YLD | 0.11% | 50,761 | $452K | Reduce -78.1% |
| EVAC Eqv Ventures Acquisition C-A | 0.11% | 44,339 | $445K | New |
| BTO John Hancock Financial Opp | 0.11% | 12,670 | $444K | New |
| BHK BlackRock Core Bond Trust | 0.11% | 45,829 | $440K | New |
Portfolio Sells Q3 2025 → Q4 2025
| USHY iShares Broad Usd High Yield | Sold out | 0.00% | −15.09 |
| ETHA iShares Ethereum Trust ETF | Sold out | 0.00% | −8.55 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −6.80 |
| SRLN SS Blackstone Sr Loan ETF | Sold out | 0.00% | −3.88 |
| PFF iShares Preferred & Income S | Sold out | 0.00% | −2.67 |
| LEO BNY Mellon Strategic Muni | Reduce -90.7% | 0.10% | −1.92 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −1.58 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −1.43 |
| AGG iShares Core U.S. Aggregate | Reduce -8.9% | 1.15% | −1.19 |
| EWU iShares MSCI United Kingdom | Reduce -10.5% | 1.22% | −1.17 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −1.07 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −0.93 |
| HYT BlackRock Corp. Hi YLD | Reduce -78.1% | 0.11% | −0.89 |
| FETH Fidelity Ethereum Fund | Sold out | 0.00% | −0.72 |
| MFM Aberdeen Municipal Income | Reduce -13.5% | 0.59% | −0.66 |
| DVY iShares Select Dividend ETF | Sold out | 0.00% | −0.64 |
| RMI Rivernorth Opport Muni Inc. | Reduce -14.8% | 0.49% | −0.59 |
| DMB BNY Mellon Muni BND Infra | Sold out | 0.00% | −0.58 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.46 |
| BATRK Atlanta Braves Holdings in-C | Sold out | 0.00% | −0.45 |
| MHD BlackRock Muniholdings Fund | Reduce -48.5% | 0.14% | −0.35 |
| COLA Columbus Acquisition Corp. | Sold out | 0.00% | −0.34 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −0.32 |
| EMLC Vaneck JPM Em Local Curr BND | Sold out | 0.00% | −0.31 |
| BYM BlackRock Muni Inc. QLTY | Reduce -15.4% | 0.26% | −0.30 |
| MUE BlackRock Munihold QLT FD II | Reduce -11.1% | 0.23% | −0.25 |
| XPHDX Pioneer Floating Rate Fund | Sold out | 0.00% | −0.24 |
| XBKNX BlackRock Invest QLTY Muni | Sold out | 0.00% | −0.23 |
| FMN Federated Herm Prem Muni Inc. | Reduce -8.8% | 0.19% | −0.19 |
| BTT BlackRock 2030 Muni TRGT TRM | Sold out | 0.00% | −0.15 |
| CXE MFS High Income Municipal TR | Reduce -5.5% | 0.14% | −0.14 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.12 |
| NBH Neuberger Municipal Fund Inc. | Reduce -39.1% | 0.06% | −0.12 |
| XTEAX Tortoise Sust&social Imp Ter | Sold out | 0.00% | −0.10 |
| AAM Aa Mission Acquisition Cor-A | Reduce -7.2% | 0.07% | −0.07 |
| CEV Eaton Vance Ca Muni Inc. TRST | Sold out | 0.00% | −0.05 |
| EEA The European Equity Fund Inc. | Reduce -0.7% | 0.04% | −0.04 |
| EOD Allspring Global Dividend Op | Reduce -27.4% | 0.02% | −0.03 |
| URBAN ONE INC | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| PDI PIMCO Dynamic Income Fund | New | 5.33% | +5.33 |
| ETH Grayscale Ethereum Staking M | Add +1630.1% | 5.40% | +4.60 |
| IBIT iShares Bitcoin Trust ETF | Add +284.9% | 11.00% | +4.11 |
| NWSA News Corp. Class A | Add +543.5% | 5.09% | +3.38 |
| GOF Guggenheim Strategic Opport | New | 3.15% | +3.15 |
| PTY PIMCO Corporate & Income Opp | New | 3.02% | +3.02 |
| DSL Doubleline Income Solutions | New | 2.46% | +2.46 |
| JFR Nuveen Floating Rate Income | Add +1096.3% | 2.48% | +2.08 |
| SVAQU Silicon Valley Acquisition C | New | 1.84% | +1.84 |
| GSOL Grayscale Solana Staking ETF | New | 1.48% | +1.48 |
| ANSC Agriculture & Natural Soluti | New | 1.38% | +1.38 |
| PTA Cohen & Steers Tax-Advantage | New | 1.28% | +1.28 |
| GIW GIGCAPITAL8 Corp. Class A | New | 1.25% | +1.25 |
| OBA Oxley Bridge Acquisitio Class A | New | 1.25% | +1.25 |
| CRAC Crown Reserve Acquisiti Class A | New | 1.24% | +1.24 |
| DLY Doubleline Yield Opport | New | 1.23% | +1.23 |
| RQI Cohen & Steers Qual Inc. RLTY | New | 1.17% | +1.17 |
| XEFRX Eaton Vance Sr FLTG Rate TR | Add +679.6% | 1.45% | +1.10 |
| KOYN CSLM Digital Asset Acqu - A | New | 0.98% | +0.98 |
| LKSP Lake Superior Acquisiti Class A | New | 0.97% | +0.97 |
| TVAI Thayer Ventures Acquis Class A | New | 0.95% | +0.95 |
| AIIA AI Infrastructure Ac-A | New | 0.90% | +0.90 |
| FTHY First Trust Hi YLD Opp 2027 | New | 0.80% | +0.80 |
| TACO Berto Acquisition Corp. | New | 0.79% | +0.79 |
| IXJ iShares Global Healthcare Et | New | 0.70% | +0.70 |
| EFT Eaton Vance Fltng RT Inc. TR | Add +1441.7% | 0.75% | +0.66 |
| MMTX Miluna Acquisition Class A | New | 0.64% | +0.64 |
| APAC Stonebridge Acquisition Class A | New | 0.62% | +0.62 |
| BGB Blackstone Strategic Credit | New | 0.59% | +0.59 |
| SSEA Starry Sea Acquisition Corp. | New | 0.53% | +0.53 |
| XJQCX Nuveen Credit Strategies Inc. | Add +575.5% | 0.70% | +0.50 |
| VACH Voyager Acquisition Corp. | Add +733.2% | 0.62% | +0.49 |
| KIO KKR Income Opportunities | New | 0.48% | +0.48 |
| UTF Cohen & Steers Infrastructur | New | 0.48% | +0.48 |
| ALIS Calisa Acquisition Corp. | New | 0.41% | +0.41 |
| FCT First Trust SNR FL RT Inc. II | New | 0.40% | +0.40 |
| JGH Nuveen Global High Income | New | 0.38% | +0.38 |
| IFN Aberdeen India Fund Inc. | New | 0.37% | +0.37 |
| LWAC Lightwave Acquisition Corp. Class A | New | 0.36% | +0.36 |
| MMD Nylim Mackay Definedterm Mun | New | 0.36% | +0.36 |
| ARDC Ares Dynamic Credit All | New | 0.36% | +0.36 |
| EOS Eaton Vance Enh Eqt Inc. II | New | 0.35% | +0.35 |
| GTERA Globa Terra Acquisition Co. Class A | New | 0.35% | +0.35 |
| BRW Saba Capital Income & Opport | New | 0.30% | +0.30 |
| USA Liberty All Star Equity Fund | New | 0.30% | +0.30 |
| PML PIMCO Municipal Income FD II | New | 0.30% | +0.30 |
| HYI Western Asset High Yield Opp | New | 0.26% | +0.26 |
| ETV Eaton Vance T/M Buy-Writ Opp | New | 0.26% | +0.26 |
| TDWD Tailwind 2.0 Acquisitio Class A | New | 0.26% | +0.26 |
| BGX Blackstone Long-Short Credit | New | 0.25% | +0.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 154 | $473.1M | FOX, HEI.A, VTEB, LLYVK, BELFA |
| Q1 2026 | 132 | $360.0M | FOX, HEI.A, VTEB, GOF, NWSA |
| Q4 2025 | 150 | $405.5M | IBIT, FOX, ETH, PDI, NWSA |
| Q3 2025 | 66 | $220.2M | USHY, SSK, FOX, ETHA, IBIT |
| Q2 2025 | 77 | $212.4M | IBIT, ETHA, SPY, ETH, USHY |
| Q1 2025 | 70 | $214.3M | USHY, IBIT, NWSA, JNK, SRLN |
| Q4 2024 | 113 | $298.7M | IBIT, JNK, ETHA, NWSA, BTT |
| Q3 2024 | 129 | $401.3M | JNK, IBIT, LBRDK, AGG, BTT |
| Q2 2024 | 155 | $387.4M | JNK, IBIT, NAD, BTT, SRLN |
| Q1 2024 | 143 | $465.3M | JNK, NAD, IBIT, NVG, XNEAX |