Mangrove Partners Im, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Mangrove Partners Im, LLC reported 356 stock positions worth $1.2 billion. Its top holding was Indivior (INDV) at 8.0% of the portfolio, followed by Rio Tinto PLC-Spon ADR (RIO, 6.5%) and Atmus Filtration Technologie (ATMU, 5.6%). Compared with Q3 2025, it opened 279 new positions, sold out of 81, added to 16 and reduced 25. The biggest buy was a new position in Becton Dickinson and (BDX) and the biggest sale an exit from Somnigroup International (SGI).
- Most Recent 13F
- Q2 2026
- Location
- Greenwich, CT
- CIK
- 0001535392
- Portfolio Value
- $1.2B (Q4 2025)
- SEC Filing
- 0001172661-26-000828 ↗ filed Feb 17, 2026
Holdings Value
Holdings 356 stocks · $1.2B
| INDV Indivior Ltd. | 8.04% | 2,746,009 | $98.5M | Add +0.1% |
| RIO Rio Tinto PLC-Spon ADR | 6.52% | 998,661 | $79.9M | No change |
| ATMU Atmus Filtration Technologie | 5.57% | 1,315,227 | $68.3M | Reduce -1.1% |
| TEVA Teva Pharmaceutical-SP ADR | 5.50% | 2,158,950 | $67.4M | Reduce -7.7% |
| ECVT Ecovyst Inc. | 4.32% | 5,447,873 | $53.0M | Reduce -0.5% |
| BDX Becton Dickinson and Co. | 3.91% | 247,317 | $48.0M | New |
| ENVA Enova International Inc. | 3.67% | 286,543 | $45.0M | Reduce -42.3% |
| FLYW Flywire Corp.-Voting | 3.45% | 2,984,076 | $42.3M | Add +2.8% |
| MRP Millrose Properties | 3.36% | 1,380,992 | $41.3M | Reduce -4.2% |
| PCG P G & E Corp. | 3.16% | 2,413,615 | $38.8M | Reduce -7.1% |
| BIO Bio-Rad Laboratories-A | 3.13% | 126,853 | $38.4M | No change |
| BILL Bill Holdings Inc. | 2.92% | 655,369 | $35.7M | Add +11.4% |
| ELME Elme Communities | 2.90% | 2,045,358 | $35.6M | No change |
| FIS Fidelity National Info Serv | 2.75% | 507,387 | $33.7M | New |
| REX Rex American Resources Corp. | 2.68% | 1,015,234 | $32.8M | Add +92.8% |
| OTEX Open Text Corp. | 2.64% | 993,199 | $32.4M | Reduce -5.6% |
| TFX Teleflex Inc. | 2.56% | 256,726 | $31.3M | New |
| NWSA News Corp. Class A | 2.54% | 1,191,858 | $31.1M | No change |
| TPB Turning Point Brands Inc. | 2.34% | 265,205 | $28.7M | Add +1.6% |
| CODI Compass Diversified Holdings | 1.44% | 3,684,800 | $17.7M | No change |
| BSOL Bitwise Solana Staking ETF | 0.75% | 562,955 | $9.2M | New |
| AXIN Axiom Intelligence Class A | 0.74% | 900,000 | $9.1M | No change |
| CIG Cia Energetica DE-Spon ADR | 0.43% | 2,625,000 | $5.3M | Reduce -42.9% |
| CHPG Championsgate Acquisitio-A | 0.41% | 491,641 | $5.0M | No change |
| EMIS Emmis Acquisition Corp. Class A | 0.41% | 500,000 | $5.0M | Add +150.0% |
| LWAC Lightwave Acquisition Corp. Class A | 0.40% | 486,900 | $4.9M | No change |
| VACH Voyager Acquisition Corp. | 0.39% | 450,000 | $4.8M | No change |
| BCAR D. Boral Arc Acquisit Class A | 0.39% | 475,000 | $4.8M | No change |
| FTW Eqv Ventures Acquisition C-A | 0.39% | 450,000 | $4.7M | No change |
| FACT Fact II Acquisition Corp. | 0.38% | 450,000 | $4.7M | No change |
| KFII K&F Growth Acquisition Cor-A | 0.38% | 450,000 | $4.7M | No change |
| AACB Artius II Acquisition Inc. Class A | 0.38% | 449,998 | $4.6M | Reduce 0.0% |
| COPL Copley Acquisition Corp. Class A | 0.38% | 450,000 | $4.6M | No change |
| CCAQ Collective Acquisition Corp. filed as DUNE ACQUISITION CORP II | 0.38% | 450,000 | $4.6M | No change |
| SZZL Sizzle Acquisition Corp. Class A | 0.37% | 450,000 | $4.6M | No change |
| TVAI Thayer Ventures Acquis Class A | 0.37% | 450,000 | $4.6M | No change |
| OYSE Oyster Enterprises II Acq-A | 0.37% | 450,000 | $4.5M | No change |
| HAVAU Harvard Ave Acquisition Corp. | 0.37% | 450,000 | $4.5M | New |
| SPEG Silver Pegasus Acquisition-A | 0.37% | 450,000 | $4.5M | No change |
| ENHA Enhanced Group Inc. filed as A PARADISE ACQUISITION CORP | 0.37% | 450,000 | $4.5M | No change |
| INAC Indigo Acquisition Corp. | 0.37% | 450,000 | $4.5M | No change |
| PACH Pioneer Acquisition I Class A | 0.37% | 450,000 | $4.5M | No change |
| VNME Vendome Acquisition Corp. Class A | 0.37% | 450,000 | $4.5M | No change |
| AIIA AI Infrastructure Ac-A | 0.36% | 450,000 | $4.5M | New |
| QSEA Quartzsea Acquisition Corp. | 0.34% | 408,154 | $4.2M | No change |
| FG MERGER II CORP | 0.32% | 392,000 | $3.9M | No change |
| FIGX Figx Capital Acquisition C-A | 0.28% | 335,237 | $3.4M | No change |
| SOUL Soulpower Acquisition Co. Class A | 0.26% | 318,929 | $3.2M | Reduce -0.8% |
| PDLB Ponce Financial Group Inc. | 0.26% | 191,343 | $3.1M | Add +6.5% |
| LCCC Lakeshore Acquisition III Co. | 0.25% | 294,882 | $3.0M | No change |
| ORIQ Origin Investment Corp. I | 0.24% | 295,911 | $3.0M | No change |
| NOEM CO2 Energy Transition Corp. | 0.24% | 289,300 | $3.0M | Reduce -0.2% |
| WTG Wintergreen Acquisition Corp. | 0.24% | 288,800 | $2.9M | No change |
| JACS Jackson Acquisition Co. Class A | 0.24% | 280,470 | $2.9M | No change |
| WNEB Western New England Bancorp | 0.23% | 219,927 | $2.8M | Reduce -2.4% |
| SRBK Sr Bancorp Inc. | 0.22% | 170,402 | $2.7M | Reduce -1.7% |
| CPBI Central Plains Bancshares Inc. | 0.22% | 158,097 | $2.7M | Reduce -1.1% |
| YCY Aa Mission Acquisition-A | 0.22% | 267,147 | $2.7M | New |
| ANEB Anebulo Pharmaceuticals Inc. | 0.21% | 2,525,252 | $2.6M | No change |
| SSEA Starry Sea Acquisition Corp. | 0.20% | 250,000 | $2.5M | New |
| BLFY Blue Foundry Bancorp | 0.20% | 198,659 | $2.5M | Add +2.3% |
| UYSC Uy Scuti Acquisition Corp. | 0.20% | 240,898 | $2.5M | No change |
| NECB Northeast Community Bancorp | 0.19% | 101,303 | $2.3M | Add +1.4% |
| APACU Stonebridge Acquisition II C | 0.18% | 225,000 | $2.3M | Add +80.0% |
| LSBK Lake Shore Bancorp Inc. | 0.18% | 150,585 | $2.2M | Add +2.0% |
| NBBK NB Bancorp Inc. | 0.18% | 111,356 | $2.2M | Reduce -2.4% |
| LATA Galata Acqu Corp. II Class A | 0.18% | 221,478 | $2.2M | New |
| FDSB Fifth District Bancorp Inc. | 0.17% | 141,766 | $2.1M | Reduce -0.4% |
| SOCA Solarius Capital Acquis Class A | 0.16% | 200,000 | $2.0M | Add +227.3% |
| BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I | 0.16% | 189,260 | $2.0M | Add +27.6% |
| WSBK Winchester Bancorp Inc. | 0.16% | 186,201 | $1.9M | Reduce -0.4% |
| FBLA FB Bancorp Inc. | 0.15% | 144,020 | $1.9M | Add +1.0% |
| RIBB Ribbon Acquisition Corp. | 0.15% | 174,866 | $1.8M | Reduce -13.9% |
| MPB Mid Penn Bancorp Inc. | 0.14% | 57,300 | $1.8M | Reduce -6.8% |
| BSAA Best Spac I Acquisition-A | 0.14% | 163,810 | $1.7M | Reduce -39.5% |
| SBXDF Silverbox Corp. IV-A | 0.14% | 156,622 | $1.7M | No change |
| HYNE Hoyne Bancorp Inc. | 0.11% | 94,435 | $1.4M | New |
| CVNA Carvana Co. | 0.11% | 3,183 | $1.3M | New |
| APP AppLovin Corp. Class A | 0.10% | 1,817 | $1.2M | New |
| ESTA Establishment Labs Holdings | 0.09% | 15,834 | $1.2M | New |
| CAI Caris Life Sciences Inc. | 0.09% | 42,483 | $1.1M | New |
| NTRA Natera Inc. | 0.09% | 4,960 | $1.1M | New |
| ARES Ares Management Corp. Class A | 0.09% | 6,921 | $1.1M | New |
| IRHOU Iron Horse Acquisition II Co. | 0.09% | 111,156 | $1.1M | New |
| BX Blackstone Inc. | 0.09% | 7,164 | $1.1M | New |
| WMT Walmart Inc. | 0.09% | 9,887 | $1.1M | New |
| CRM Salesforce Inc. | 0.09% | 4,158 | $1.1M | New |
| GH Guardant Health Inc. | 0.09% | 10,737 | $1.1M | New |
| CPT Camden Property Trust | 0.09% | 9,870 | $1.1M | New |
| VAL Valaris Ltd. | 0.09% | 21,461 | $1.1M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.09% | 3,557 | $1.1M | New |
| MCO Moody's Corp. | 0.09% | 2,113 | $1.1M | New |
| V Visa Inc. Class A | 0.09% | 3,070 | $1.1M | New |
| BKNG Booking Holdings Inc. | 0.09% | 201 | $1.1M | New |
| DAVE Dave Inc. | 0.09% | 4,748 | $1.1M | New |
| OLN Olin Corp. | 0.09% | 50,359 | $1.0M | New |
| DHR Danaher Corp. | 0.09% | 4,580 | $1.0M | New |
| AXON Axon Enterprise Inc. | 0.08% | 1,828 | $1.0M | New |
| AVB Avalonbay Communities Inc. | 0.08% | 5,702 | $1.0M | New |
| ADP Automatic Data Processing | 0.08% | 4,003 | $1.0M | New |
Other holdings (15): bonds, preferreds, convertibles and warrants · $1.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | 606,566 | $260K | Reduce -38.0% |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 850,000 | $159K | No change |
| AI INFRASTRUCTURE ACQUISITIO | RIGHT 99/99/9999 | 450,000 | $117K | New |
| QSEAR Quartzsea Acquisition Corp. | RIGHT 02/18/2030 | 408,154 | $82K | No change |
| PGACR Pantages Capital Acquis-RT | RIGHT 11/15/2029 | 403,269 | $81K | Add +0.3% |
| EMISR Emmis Acquisition Corp. | RIGHT 09/12/2030 | 500,000 | $76K | Add +150.0% |
| CHARR Charlton Aria Acquisi-Rights | RIGHT 12/31/2026 | 365,000 | $69K | No change |
| UYSCR Uy Scuti Acquisition Corp. | RIGHT 03/03/2030 | 240,898 | $65K | No change |
| SSEAR Starry Sea Acquisition C-RTS | RIGHT 07/07/2030 | 249,800 | $54K | No change |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | 241,607 | $53K | Reduce -15.9% |
| LCCCR Lakeshore Acquisition III Co. | RIGHT 08/01/2026 | 163,800 | $41K | No change |
| BSAAR Best Spac I Acquisition - RT | RIGHT 05/27/2030 | 270,848 | $41K | No change |
| WTGUR Wintergreen Acquisition-RT | RIGHT 99/99/9999 | 200,000 | $30K | No change |
| CHPGR Championsgate Acquisition Co. | RIGHT 05/14/2030 | 100,893 | $19K | No change |
| GTERR Globa Terra Acquisition-RTS | RIGHT 06/17/2030 | 101,200 | $13K | Reduce -0.3% |
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q3 2025 → Q4 2025
| SGI Somnigroup International Inc. | Sold out | 0.00% | −4.04 |
| LAUR Laureate Education Inc. | Sold out | 0.00% | −3.10 |
| PTGX Protagonist Therapeutics Inc. | Sold out | 0.00% | −2.64 |
| RZLT Rezolute Inc. | Sold out | 0.00% | −2.25 |
| CGON CG Oncology Inc. | Sold out | 0.00% | −2.25 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −1.57 |
| MREO Mereo Biopharma Group PL-ADR | Sold out | 0.00% | −1.34 |
| ENVA Enova International Inc. | Reduce -42.3% | 3.67% | −1.09 |
| MRP Millrose Properties | Reduce -4.2% | 3.36% | −0.67 |
| OTEX Open Text Corp. | Reduce -5.6% | 2.64% | −0.63 |
| CENTA Central Garden and Pet Co. Class A | Sold out | 0.00% | −0.44 |
| IBAC Ib Acquisition Corp. | Sold out | 0.00% | −0.39 |
| ONEN One Nuclear Energy Inc. | Sold out | 0.00% | −0.38 |
| CIG Cia Energetica DE-Spon ADR | Reduce -42.9% | 0.43% | −0.38 |
| GSRFU GSR IV Acquisition Corp. | Sold out | 0.00% | −0.38 |
| FAC Factorial Energy Inc. | Sold out | 0.00% | −0.38 |
| YHNA YHN Acquisition I Ltd. | Sold out | 0.00% | −0.27 |
| FERA Fifth Era Acquisition Corp. Class A | Sold out | 0.00% | −0.19 |
| ETHA iShares Ethereum Trust ETF | Sold out | 0.00% | −0.17 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.16 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.15 |
| CHW Calamos Global Dynamic Incom | Sold out | 0.00% | −0.14 |
| CNC Centene Corp. | Sold out | 0.00% | −0.13 |
| LRMR Larimar Therapeutics Inc. | Sold out | 0.00% | −0.12 |
| LNWO Light & Wonder Inc. | Sold out | 0.00% | −0.11 |
| BRBR Bellring Brands Inc. | Sold out | 0.00% | −0.11 |
| SBH Sally Beauty Holdings Inc. | Sold out | 0.00% | −0.10 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Sold out | 0.00% | −0.10 |
| NGD New Gold Inc. | Sold out | 0.00% | −0.10 |
| PCG P G & E Corp. | Reduce -7.1% | 3.16% | −0.10 |
| BSAA Best Spac I Acquisition-A | Reduce -39.5% | 0.14% | −0.09 |
| BTG B2GOLD Corp. | Sold out | 0.00% | −0.09 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.09 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.08 |
| HTH Hilltop Holdings Inc. | Sold out | 0.00% | −0.08 |
| SIG Signet Jewelers Ltd. | Sold out | 0.00% | −0.08 |
| REZI Resideo Technologies Inc. | Sold out | 0.00% | −0.08 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.08 |
| SONO Sonos Inc. | Sold out | 0.00% | −0.08 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.08 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.08 |
| BRSL Brightstar Lottery PLC | Sold out | 0.00% | −0.08 |
| SOFI Sofi Technologies Inc. | Sold out | 0.00% | −0.08 |
| VNO Vornado Realty Trust | Sold out | 0.00% | −0.08 |
| AXP American Express Co. | Sold out | 0.00% | −0.08 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.08 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.08 |
| RY Royal Bank of Canada | Sold out | 0.00% | −0.07 |
| COR Cencora Inc. | Sold out | 0.00% | −0.07 |
| COLM Columbia Sportswear Co. | Sold out | 0.00% | −0.07 |
Portfolio Buys Q3 2025 → Q4 2025
| BDX Becton Dickinson and Co. | New | 3.91% | +3.91 |
| FIS Fidelity National Info Serv | New | 2.75% | +2.75 |
| TFX Teleflex Inc. | New | 2.56% | +2.56 |
| INDV Indivior Ltd. | Add +0.1% | 8.04% | +2.53 |
| REX Rex American Resources Corp. | Add +92.8% | 2.68% | +1.33 |
| BSOL Bitwise Solana Staking ETF | New | 0.75% | +0.75 |
| HAVAU Harvard Ave Acquisition Corp. | New | 0.37% | +0.37 |
| AIIA AI Infrastructure Ac-A | New | 0.36% | +0.36 |
| BILL Bill Holdings Inc. | Add +11.4% | 2.92% | +0.32 |
| EMIS Emmis Acquisition Corp. Class A | Add +150.0% | 0.41% | +0.24 |
| YCY Aa Mission Acquisition-A | New | 0.22% | +0.22 |
| SSEA Starry Sea Acquisition Corp. | New | 0.20% | +0.20 |
| TPB Turning Point Brands Inc. | Add +1.6% | 2.34% | +0.20 |
| LATA Galata Acqu Corp. II Class A | New | 0.18% | +0.18 |
| FLYW Flywire Corp.-Voting | Add +2.8% | 3.45% | +0.18 |
| SOCA Solarius Capital Acquis Class A | Add +227.3% | 0.16% | +0.11 |
| HYNE Hoyne Bancorp Inc. | New | 0.11% | +0.11 |
| CVNA Carvana Co. | New | 0.11% | +0.11 |
| APP AppLovin Corp. Class A | New | 0.10% | +0.10 |
| ESTA Establishment Labs Holdings | New | 0.09% | +0.09 |
| CAI Caris Life Sciences Inc. | New | 0.09% | +0.09 |
| NTRA Natera Inc. | New | 0.09% | +0.09 |
| ARES Ares Management Corp. Class A | New | 0.09% | +0.09 |
| IRHOU Iron Horse Acquisition II Co. | New | 0.09% | +0.09 |
| BX Blackstone Inc. | New | 0.09% | +0.09 |
| CRM Salesforce Inc. | New | 0.09% | +0.09 |
| WMT Walmart Inc. | New | 0.09% | +0.09 |
| GH Guardant Health Inc. | New | 0.09% | +0.09 |
| CPT Camden Property Trust | New | 0.09% | +0.09 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.09% | +0.09 |
| VAL Valaris Ltd. | New | 0.09% | +0.09 |
| MCO Moody's Corp. | New | 0.09% | +0.09 |
| BKNG Booking Holdings Inc. | New | 0.09% | +0.09 |
| V Visa Inc. Class A | New | 0.09% | +0.09 |
| DAVE Dave Inc. | New | 0.09% | +0.09 |
| OLN Olin Corp. | New | 0.09% | +0.09 |
| DHR Danaher Corp. | New | 0.09% | +0.09 |
| AXON Axon Enterprise Inc. | New | 0.08% | +0.08 |
| AVB Avalonbay Communities Inc. | New | 0.08% | +0.08 |
| ADP Automatic Data Processing | New | 0.08% | +0.08 |
| ECL Ecolab Inc. | New | 0.08% | +0.08 |
| JCI Johnson Controls Internation | New | 0.08% | +0.08 |
| INTU Intuit Inc. | New | 0.08% | +0.08 |
| NVR NVR Inc. | New | 0.08% | +0.08 |
| FWONA Liberty Media Corp. Class A | New | 0.08% | +0.08 |
| TDG Transdigm Group Inc. | New | 0.08% | +0.08 |
| BRO Brown & Brown Inc. | New | 0.08% | +0.08 |
| MELI MercadoLibre Inc. | New | 0.08% | +0.08 |
| LAMR Lamar Advertising Co. Class A | New | 0.08% | +0.08 |
| IBKR Interactive Brokers Gro Class A | New | 0.08% | +0.08 |
Notes & Other Activity Q3 2025 → Q4 2025
| ECD AUTOMOTIVE DESIGN INC | *W EXP 12/12/202 | Reduce -38.0% | 606,566 | $260K |
| AI INFRASTRUCTURE ACQUISITIO | RIGHT 99/99/9999 | New | 450,000 | $117K |
| PGACR Pantages Capital Acquis-RT | RIGHT 11/15/2029 | Add +0.3% | 403,269 | $81K |
| OYSER Oyster Enterprises II Acquis | RIGHT 05/22/2030 | Sold out | 450,000 | $77Kbefore exit |
| EMISR Emmis Acquisition Corp. | RIGHT 09/12/2030 | Add +150.0% | 500,000 | $76K |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | Sold out | 450,000 | $72Kbefore exit |
| INACR Indigo Acquisition Corp. | RIGHT 04/02/2027 | Sold out | 450,000 | $72Kbefore exit |
| APADR A Paradise Acquisition Corp. | RIGHT 07/29/2025 | Sold out | 450,000 | $70Kbefore exit |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | Reduce -15.9% | 241,607 | $53K |
| EURKR Eureka Acquisition Corp.-RTS | RIGHT 07/03/2026 | Sold out | 218,115 | $52Kbefore exit |
| COLAR Columbus Acquisition Corp. | RIGHT 99/99/9999 | Sold out | 99,240 | $18Kbefore exit |
| GTERR Globa Terra Acquisition-RTS | RIGHT 06/17/2030 | Reduce -0.3% | 101,200 | $13K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 398 | $1.5B | INDV, VISN, ATMU, FLYW, TIGO |
| Q1 2026 | 403 | $1.2B | INDV, ATMU, ETH, REX, PCG |
| Q4 2025 | 356 | $1.2B | INDV, RIO, ATMU, TEVA, ECVT |
| Q3 2025 | 160 | $1.2B | INDV, RIO, ATMU, ENVA, SGI |
| Q2 2025 | 139 | $915.0M | RIO, WDC, ENVA, LAUR, TIGO |
| Q1 2025 | 134 | $869.3M | RIO, LBRDK, LLYVK, ATMU, ENVA |
| Q4 2024 | 126 | $820.5M | LLYVK, ATMU, TEVA, ENVA, LBRDK |
| Q3 2024 | 116 | $1.0B | ATMU, MBC, LBRDK, TEVA, ENVA |
| Q2 2024 | 81 | $1.1B | JXN, AER, TEVA, ACI, X |
| Q1 2024 | 82 | $1.2B | MBC, AER, ACI, JXN, X |