Lynwood Capital Management Inc. Quarter Q1 2024
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Lynwood Capital Management Inc. reported 30 stock positions worth $16.6 million . Its top holding was Briacell Therapeutics (BCTX) at 27.5% of the portfolio, followed by Americas Gold and Silver Cor (USAS, 10.6% ) and Vaneck Gold Miners ETF (GDX, 9.5% ). Compared with Q4 2023, it opened 26 new positions, sold out of 25, added to 2 and reduced 2. The biggest buy was a new position in Vaneck Gold Miners ETF (GDX) and the biggest sale an exit from Dollar General (DG).
Location TORONTO, A6
CIK 0001846412
Portfolio Value $16.6M (Q1 2024)
Holdings 30 stocks · $16.6M Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 BCTX Briacell Therapeutics Corp. 1,597,750 $4.6M Add +1.1% USAS Americas Gold and Silver Cor 8,096,500 $1.8M Reduce -17.4% GDX Vaneck Gold Miners ETF 50,000 $1.6M New ALT Altimmune Inc. 150,000 $1.5M New IMMX Immix Biopharma Inc. 405,000 $1.2M New AMD Advanced Micro Devices 3,500 $632K New TECK Teck Resources Ltd.-CLS B 10,000 $619K New PBR Petroleo Brasileiro-Spon ADR 40,000 $608K New SPIR Spire Global Inc. 50,000 $600K New SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 10,000 $492K New VET Vermilion Energy Inc. 30,000 $373K New LSPD Lightspeed Commerce Inc. 25,000 $352K New DO Diamond Offshore Drilling Inc. 25,000 $341K Add +150.0% MAG Mag Silver Corp. 30,000 $317K New RIG Transocean Ltd. 50,000 $314K New SHOP Shopify Inc. Class A 1,700 $131K New DIS The Walt Disney Co. filed as DISNEY WALT CO 1,000 $122K New ITB iShares U.S. Home Constructi 1,000 $116K New PSN Parsons Corp. 1,200 $100K New RBA RB Global Inc. 1,300 $99K Reduce -43.5% OPRA Opera Ltd.-ADR 6,000 $95K New SHAK Shake Shack Inc. Class A 900 $94K New NFLX Netflix Inc. 130 $79K New LLY Eli Lilly & Co. 100 $78K New CAVA Cava Group Inc. 1,100 $77K New PSX Phillips 66 450 $74K New CAT Caterpillar Inc. 200 $73K New SO The Southern Co. 1,000 $72K New ONON On Holding AG Class A filed as ON HLDG AG 1,800 $64K New PFE Pfizer Inc. 1,502 $42K New
Other holdings (27): bonds, preferreds, convertibles and warrants · $229K (not counted above) Security Class Shares / Principal Value Change HUBCZ Hub Cyber Security -CW23 *W EXP 08/22/202 2,170,111 $130K Add +0.1% QTEXW Inspira Tech Oxy BHN -CW26 *W EXP 07/16/202 20,000 $14K No change OAKUR Oak Woods Acquisition Cor-RT RIGHT 03/23/2028 58,000 $12K No change SLND.WS Legato Merger Corp. II -CW23 *W EXP 02/14/202 26,000 $12K No change ZPTAW Zapata Computing Hol- CW23 *W EXP 02/14/202 24,000 $10K New PONO CAPITAL THREE INC-A-28 *W EXP 01/11/202 175,000 $9K No change ATMVR Alphavest Acquisition Co.-RT RIGHT 01/22/2026 83,865 $7K Reduce -1.2% SMNRW Denali Capital Acq-CW27 *W EXP 99/99/999 104,500 $5K No change RFACR RF Acquisition Corp.- Rights RIGHT 05/01/2028 49,398 $4K No change EVE.WS Eve Mobility Acquisit A -23 *W EXP 12/31/202 28,976 $4K No change FORLW Four Leaf Acquisition Cor-28 *W EXP 03/15/202 80,000 $3K No change MOBXW Chavrant Capital Acq -CW23 *W EXP 12/21/202 15,000 $3K Reduce -21.8% MCAAW Mountain & Co. I Acq -CW23 *W EXP 09/30/202 30,000 $2K No change APXIW Apx Acquisition Corp. I -23 *W EXP 99/99/999 12,871 $2K No change MSAIW Sportsmap Tech Acq -CW27 *W EXP 12/19/202 50,000 $2K No change OAKUW Oak Woods Acquisition -28 *W EXP 99/99/999 73,000 $1K No change BFQWF Battery Future Acquis A -23 *W EXP 99/99/999 40,340 $1K No change TGAWF Target Global Acq I -CW27 *W EXP 12/08/202 21,033 $1K No change AFARW Aura Fat Projects Acqui -27 *W EXP 99/99/999 94,439 $1K No change PRLHW Pearl Holdings Acq -CW23 *W EXP 12/15/202 30,000 $1K No change PORTW Southport Acquisition -CW23 *W EXP 99/99/999 26,144 $1K No change ROCLW Roth CH Acquisition V -CW23 *W EXP 12/10/202 10,000 $739 No change RFACW RF Acquisition Corp.-CW27 *W EXP 05/01/202 64,890 $694 No change OSPWQ Prosomnus Inc.-CW27 *W EXP 04/20/202 25,000 $500 No change BCSAW Blockchain Coinvestors Acqui *W EXP 11/01/202 12,500 $463 No change FNVWF Finnovate Acquisition -CW23 *W EXP 09/30/202 25,500 $255 No change TGVCW TG Venture Acquisition -CW23 *W EXP 08/15/202 21,180 $152 No change
Total filed on the 13F, all lines: $16.9M.
Portfolio Sells Q4 2023 → Q1 2024 Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ DG Dollar General Corp. Sold out 0.00% −6.10 TBF Proshares Short 20+ Treasury Sold out 0.00% −4.96 NOA North American Construction Sold out 0.00% −3.74 PONO CAP THREE INC Sold out 0.00% −3.57 JD Jd.com Inc.-ADR Sold out 0.00% −3.24 KWEB Kranesh Csi China Internet Sold out 0.00% −3.03 TBT Proshares Ultrashort 20+Y TR Sold out 0.00% −2.71 KHC The Kraft Heinz Co. Sold out 0.00% −2.49 BILI Bilibili Inc.-Sponsored ADR Sold out 0.00% −2.19 ALPHAVEST ACQUISITION CORP Sold out 0.00% −2.16 TU Telus Corp. Sold out 0.00% −2.00 NOTE Fiscalnote Holdings Inc. Sold out 0.00% −1.54 CVI CVR Energy Inc. Sold out 0.00% −1.36 FORL Four Leaf Acquisition Cor-A Sold out 0.00% −1.30 MNST Monster Beverage Corp. Sold out 0.00% −1.29 GRSD Grandstand Ltd. Sold out 0.00% −1.09 GOTU Gaotu Techedu Inc. Sold out 0.00% −0.82 MSOS Advisorshares Pure US Cann Sold out 0.00% −0.79 XENE Xenon Pharmaceuticals Inc. Sold out 0.00% −0.52 USAS Americas Gold and Silver Cor Reduce -17.4% 10.60% −0.35 IM CANNABIS CORP Sold out 0.00% −0.32 BBU Brookfield Business PT-Unit Sold out 0.00% −0.28 MREO Mereo Biopharma Group PL-ADR Sold out 0.00% −0.26 SEELQ Seelos Therapeutics Inc. Sold out 0.00% −0.25 GFL GFL Environmental Inc.-Sub VT Sold out 0.00% −0.23 RBA RB Global Inc. Reduce -43.5% 0.59% −0.10 ANDRETTI ACQUISITION CORP Sold out 0.00% −0.03
Portfolio Buys Q4 2023 → Q1 2024 Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ GDX Vaneck Gold Miners ETF New 9.50% +9.50 ALT Altimmune Inc. New 9.17% +9.17 IMMX Immix Biopharma Inc. New 7.47% +7.47 AMD Advanced Micro Devices New 3.79% +3.79 TECK Teck Resources Ltd.-CLS B New 3.72% +3.72 PBR Petroleo Brasileiro-Spon ADR New 3.65% +3.65 SPIR Spire Global Inc. New 3.60% +3.60 SQM Quimica Y Minera Chil-SP ADR New 2.95% +2.95 VET Vermilion Energy Inc. New 2.24% +2.24 LSPD Lightspeed Commerce Inc. New 2.11% +2.11 MAG Mag Silver Corp. New 1.90% +1.90 RIG Transocean Ltd. New 1.89% +1.89 DO Diamond Offshore Drilling Inc. Add +150.0% 2.05% +1.46 SHOP Shopify Inc. Class A New 0.79% +0.79 DIS The Walt Disney Co. New 0.73% +0.73 ITB iShares U.S. Home Constructi New 0.70% +0.70 PSN Parsons Corp. New 0.60% +0.60 OPRA Opera Ltd.-ADR New 0.57% +0.57 SHAK Shake Shack Inc. Class A New 0.56% +0.56 NFLX Netflix Inc. New 0.47% +0.47 LLY Eli Lilly & Co. New 0.47% +0.47 CAVA Cava Group Inc. New 0.46% +0.46 PSX Phillips 66 New 0.44% +0.44 CAT Caterpillar Inc. New 0.44% +0.44 SO The Southern Co. New 0.43% +0.43 ONON On Holding AG Class A New 0.38% +0.38 PFE Pfizer Inc. New 0.25% +0.25 BCTX Briacell Therapeutics Corp. Add +1.1% 27.45% −14.06
Notes & Other Activity Q4 2023 → Q1 2024 Security Class Change vs Q4 2023 Shares / Principal Value ▼ HUBCZ Hub Cyber Security -CW23 *W EXP 08/22/202 Add +0.1% 2,170,111 $130K ZPTAW Zapata Computing Hol- CW23 *W EXP 02/14/202 New 24,000 $10K ATMVR Alphavest Acquisition Co.-RT RIGHT 01/22/2026 Reduce -1.2% 83,865 $7K MOBXW Chavrant Capital Acq -CW23 *W EXP 12/21/202 Reduce -21.8% 15,000 $3K MPRAW Mercato Partners Acq -CW26 *W EXP 10/29/202 Sold out 35,000 $1Kbefore exit
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q1 2024 30 $16.6M BCTX, USAS, GDX, ALT, IMMX