Occam Crest Management LP In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Occam Crest Management LP reported 26 stock positions worth $139.4 million . Its top holding was National Energy Services Reu (NESR) at 11.9% of the portfolio, followed by Precigen (PGEN, 10.5% ) and Ftai Aviation (FTAI, 9.7% ). Compared with Q3 2025, it opened 3 new positions, sold out of 2, added to 9 and reduced 9. The biggest buy was Clear Channel Outdoor Holdin (CCO, shares +424% ) and the biggest sale Ftai Infrastructure (FIP, shares −78% ).
Location DARIEN, CT
CIK 0002085909
Portfolio Value $139.4M (Q4 2025) Holdings 26 stocks · $139.4M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2025 NESR National Energy Services Reu 1,059,688 $16.6M Reduce -8.7% PGEN Precigen Inc. 3,501,739 $14.6M Add +29.8% FTAI Ftai Aviation Ltd. 68,500 $13.5M Add +5.4% TGTX TG Therapeutics Inc. 401,595 $12.0M Reduce -1.9% LYFT LYFT Inc. Class A 408,659 $7.9M Reduce -2.4% BMNR Bitmine Immersion Technologi 287,000 $7.8M No change CCO Clear Channel Outdoor Holdin 3,404,300 $7.5M Add +423.7% TALK Talkspace Inc. 1,830,000 $6.6M Add +77.7% AXSM Axsome Therapeutics Inc. 35,000 $6.4M Add +6.1% FOUR SHIFT4 Payments Inc. Class A 95,000 $6.0M Add +31.9% GEL Genesis Energy L.P. 352,000 $5.5M No change TWLO Twilio Inc. Class A 38,000 $5.4M Add +18.8% NXT Nextpower Inc. 50,000 $4.4M Add +11.1% HGV Hilton Grand Vacations Inc. 82,000 $3.7M No change IMRX Immuneering Corp. Class A 498,498 $3.3M No change ORBS Eightco Holdings Inc. 1,780,822 $3.1M No change SANM Sanmina Corp. 20,000 $3.0M New SLQT Selectquote Inc. 2,088,465 $2.9M Reduce -17.2% NVCT Nuvectis Pharma Inc. 380,000 $2.9M Add +31.0% TOL Toll Brothers Inc. 11,000 $1.5M Reduce -47.6% FIP Ftai Infrastructure Inc. 310,000 $1.4M Reduce -78.2% AIOT Powerfleet Inc. 197,000 $1.0M Reduce -71.9% BLDR Builders Firstsource Inc. 9,500 $977K Reduce -56.8% CPAY Corpay Inc. 2,500 $752K New FCRS Futurecrest Acquisition Class A 50,000 $505K New FLEX Flex Ltd. 3,000 $181K Reduce -92.1%
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($1.3M), FTAI INFRASTRUCTURE INC calls ($513K), PRECIGEN INC calls ($161K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $2.6M (not counted above) Security Class Shares / Principal Value Change FCRS.WS Futurecrest Acquisition Corp. *W EXP 09/30/203 256,900 $2.6M New
Total filed on the 13F, all lines: $142.0M.
Portfolio Sells Q3 2025 → Q4 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▲ FIP Ftai Infrastructure Inc. Reduce -78.2% 1.03% −3.18 DBRG Digitalbridge Group Inc. Sold out 0.00% −1.75 AIOT Powerfleet Inc. Reduce -71.9% 0.75% −1.74 TGTX TG Therapeutics Inc. Reduce -1.9% 8.59% −1.46 FLEX Flex Ltd. Reduce -92.1% 0.13% −1.37 SLQT Selectquote Inc. Reduce -17.2% 2.11% −1.24 BLDR Builders Firstsource Inc. Reduce -56.8% 0.70% −1.11 TOL Toll Brothers Inc. Reduce -47.6% 1.07% −0.90 LYFT LYFT Inc. Class A Reduce -2.4% 5.68% −0.58 VENU Venu Holding Corp. Sold out 0.00% −0.52 NESR National Energy Services Reu Reduce -8.7% 11.90% +3.82
Portfolio Buys Q3 2025 → Q4 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▼ CCO Clear Channel Outdoor Holdin Add +423.7% 5.40% +4.70 PGEN Precigen Inc. Add +29.8% 10.50% +4.47 TALK Talkspace Inc. Add +77.7% 4.76% +2.83 FTAI Ftai Aviation Ltd. Add +5.4% 9.67% +2.31 SANM Sanmina Corp. New 2.15% +2.15 AXSM Axsome Therapeutics Inc. Add +6.1% 4.59% +1.86 TWLO Twilio Inc. Class A Add +18.8% 3.88% +1.70 NVCT Nuvectis Pharma Inc. Add +31.0% 2.06% +0.87 NXT Nextpower Inc. Add +11.1% 3.12% +0.86 CPAY Corpay Inc. New 0.54% +0.54 FOUR SHIFT4 Payments Inc. Class A Add +31.9% 4.29% +0.51 FCRS Futurecrest Acquisition Class A New 0.36% +0.36
Options Activity Q3 2025 → Q4 2025 Security Type Change vs Q3 2025 Underlying Shares Value ▼ BITMINE IMMERSION TECHS INC put Sold out 2,100 $10.9Mbefore exit STATE STR SPDR S&P 500 ETF T put New 280 $1.3M PRECIGEN INC put Sold out 2,000 $658Kbefore exit PRECIGEN INC call Reduce -95.7% 300 $161K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025 Security Class Change vs Q3 2025 Shares / Principal Value ▼ FCRS.WS Futurecrest Acquisition Corp. *W EXP 09/30/203 New 256,900 $2.6M
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 24 $181.3M TGTX, PGEN, NESR, FTAI, SANM Q1 2026 27 $158.2M TGTX, PGEN, FTAI, NESR, FOUR Q4 2025 26 $139.4M NESR, PGEN, FTAI, TGTX, LYFT Q3 2025 25 $147.3M ORBS, BMNR, TGTX, NESR, FTAI