Plustick Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Plustick Management LLC reported 21 stock positions worth $226.0 million. Its top holding was Echostar Class A (ECHO) at 17.6% of the portfolio, followed by Nextnav (NN, 15.2%) and Applied Digital (APLD, 10.8%). Compared with Q3 2025, it opened 5 new positions, sold out of 4, added to 3 and reduced 8. The biggest buy was a new position in Sunrun (RUN) and the biggest sale Applied Digital (APLD, shares −39%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTESVILLE, VA
- CIK
- 0001643351
- Portfolio Value
- $226.0M (Q4 2025)
- SEC Filing
- 0001643351-26-000005 ↗ filed Feb 17, 2026
Holdings Value
Holdings 21 stocks · $226.0M
| ECHO Echostar Corp. Class A | 17.56% | 365,000 | $39.7M | Reduce -8.8% |
| NN Nextnav Inc. | 15.21% | 2,065,818 | $34.4M | Add +1.3% |
| APLD Applied Digital Corp. | 10.85% | 1,000,000 | $24.5M | Reduce -39.0% |
| INOD Innodata Inc. | 7.44% | 330,000 | $16.8M | Reduce -8.3% |
| NBIS Nebius Group NV | 5.00% | 135,000 | $11.3M | Reduce -3.6% |
| AR Antero Resources Corp. | 4.88% | 320,000 | $11.0M | Reduce -31.9% |
| FSLR First Solar Inc. | 4.62% | 40,000 | $10.4M | No change |
| GSAT Globalstar Inc. | 4.46% | 165,111 | $10.1M | No change |
| YOU Clear Secure Inc. Class A | 4.27% | 275,000 | $9.6M | Add +25.0% |
| RUN Sunrun Inc. | 4.07% | 500,000 | $9.2M | New |
| LYFT LYFT Inc. Class A | 3.43% | 400,000 | $7.7M | No change |
| SMCI Super Micro Computer Inc. | 2.91% | 225,000 | $6.6M | Reduce -10.0% |
| INFQ Infleqtion Inc. filed as CHURCHILL CAP CORP X | 2.76% | 400,000 | $6.2M | New |
| TE T1 Energy Inc. | 2.36% | 800,000 | $5.3M | New |
| NXDR Nextdoor Holdings Inc. | 1.95% | 2,100,000 | $4.4M | Reduce -19.2% |
| MRNA Moderna Inc. | 1.70% | 130,000 | $3.8M | Add +116.7% |
| LENZ Lenz Therapeutics Inc. | 1.42% | 200,000 | $3.2M | No change |
| SOC Sable Offshore Corp. | 1.40% | 350,000 | $3.2M | New |
| LUMN Lumen Technologies Inc. | 1.38% | 400,000 | $3.1M | New |
| VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC | 1.20% | 150,000 | $2.7M | Reduce -80.0% |
| ECG Everus Construction Group | 1.14% | 30,000 | $2.6M | No change |
Portfolio Sells Q3 2025 → Q4 2025
| APLD Applied Digital Corp. | Reduce -39.0% | 10.85% | −4.93 |
| INOD Innodata Inc. | Reduce -8.3% | 7.44% | −4.20 |
| VISN Vistance Networks Inc. | Reduce -80.0% | 1.20% | −3.67 |
| WW WW International Inc.-New | Sold out | 0.00% | −2.41 |
| SMCI Super Micro Computer Inc. | Reduce -10.0% | 2.91% | −2.11 |
| AR Antero Resources Corp. | Reduce -31.9% | 4.88% | −1.74 |
| NBIS Nebius Group NV | Reduce -3.6% | 5.00% | −1.59 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.82 |
| NXDR Nextdoor Holdings Inc. | Reduce -19.2% | 1.95% | −0.33 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.21 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.11 |
| ECHO Echostar Corp. Class A | Reduce -8.8% | 17.56% | +4.75 |
Portfolio Buys Q3 2025 → Q4 2025
| RUN Sunrun Inc. | New | 4.07% | +4.07 |
| NN Nextnav Inc. | Add +1.3% | 15.21% | +2.98 |
| INFQ Infleqtion Inc. | New | 2.76% | +2.76 |
| TE T1 Energy Inc. | New | 2.36% | +2.36 |
| SOC Sable Offshore Corp. | New | 1.40% | +1.40 |
| LUMN Lumen Technologies Inc. | New | 1.38% | +1.38 |
| YOU Clear Secure Inc. Class A | Add +25.0% | 4.27% | +1.19 |
| MRNA Moderna Inc. | Add +116.7% | 1.70% | +1.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 23 | $236.0M | ATEX, ECHO, NN, APLD, MRNA |
| Q1 2026 | 21 | $207.1M | ECHO, NN, ATEX, APLD, MRNA |
| Q4 2025 | 21 | $226.0M | ECHO, NN, APLD, INOD, NBIS |
| Q3 2025 | 20 | $238.5M | APLD, ECHO, NN, INOD, AR |
| Q2 2025 | 18 | $165.7M | NN, APLD, AR, INOD, SMCI |
| Q1 2025 | 18 | $134.7M | NN, AR, APLD, INOD, SMCI |
| Q4 2024 | 19 | $155.9M | NN, AR, APLD, INOD, GSAT |
| Q3 2024 | 20 | $129.0M | NN, APLD, AR, TECK, GSAT |
| Q2 2024 | 18 | $107.3M | NN, AR, TECK, GSAT, APLD |
| Q1 2024 | 13 | $103.4M | GSAT, AR, NN, CLF, TECK |