Sabby Management, LLC

Name: SABBY MANAGEMENT, LLC 13F holdings, Q1 2025
Creator: SABBY MANAGEMENT, LLC
Published: 2025-05-15

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Sabby Management, LLC reported 36 stock positions worth $23.8 million. Its top holding was Surf Air Mobility (SRFM) at 19.8% of the portfolio, followed by iShares Russell 2000 ETF (IWM, 17.7%) and Eli Lilly (LLY, 11.9%). Compared with Q4 2024, it opened 28 new positions, sold out of 7, added to 4 and reduced 4. The biggest buy was a new position in Surf Air Mobility (SRFM) and the biggest sale Eos Energy Enterprises (EOSE, shares −20%).

Most Recent 13F: Q2 2026
Location: MIAMI BEACH, FL
CIK: 0001535610
Portfolio Value: $23.8M (Q1 2025)
SEC Filing: 0001104659-25-049016 ↗ filed May 15, 2025

Holdings Value

Holdings 36 stocks · $23.8M


SRFM Surf Air Mobility Inc.	19.81%	1,766,151	$4.7M	New
IWM iShares Russell 2000 ETF	17.69%	21,118	$4.2M	Add +166.0%
LLY Eli Lilly & Co.	11.86%	3,420	$2.8M	New
EOSE Eos Energy Enterprises Inc.	10.89%	685,742	$2.6M	Reduce -19.6%
KSCP Knightscope Inc. Class A	5.26%	444,367	$1.3M	New
BTBT Bit Digital Inc.	3.98%	469,000	$947K	Reduce -1.4%
VANI Vivani Medical Inc.	3.76%	851,607	$894K	Reduce -35.1%
ACXP Acurx Pharmaceuticals Inc.	3.35%	2,044,546	$797K	New
CYN Cyngn Inc.	3.04%	160,000	$725K	New
SPY SS SPDR S&P 500 ETF Trust-US	2.80%	1,190	$666K	Reduce -63.7%
CORZ Core Scientific Inc.	1.82%	60,000	$434K	Add +154.7%
HEPA Hepion Pharmaceuticals Inc.	1.51%	836,615	$360K	New
SHARPS TECHNOLOGY INC	1.47%	11,722,215	$350K	New
XTIA Xti Aerospace Inc.	1.47%	320,714	$350K	New
WLGSF Wang & Lee Group Inc.	1.22%	1,074,214	$290K	New
AEON Aeon Biopharma Inc.	1.09%	449,687	$261K	New
SNOW LAKE RES LTD	0.86%	400,000	$206K	New
VOLCON INC	0.79%	211,336	$189K	Add +287.3%
UCAR U Power Ltd. Class A	0.75%	72,175	$179K	New
ELAB PMGC Hldgs Inc.	0.75%	38,456	$178K	New
PSYENCE BIOMEDICAL LTD	0.65%	256,700	$154K	New
HOUSTON AMERICAN ENERGY CORP	0.60%	185,860	$143K	New
LOGICMARK INC	0.59%	7,044,022	$139K	Add +8467.9%
NNOX Nano-X Imaging Ltd.	0.55%	26,146	$131K	New
NOVABAY PHARMACEUTICALS INC	0.54%	218,045	$128K	New
ENSC Ensysce Biosciences Inc.	0.50%	46,954	$120K	New
FEMTO TECHNOLOGIES INC	0.48%	93,000	$113K	New
TRANSCODE THERAPEUTICS INC	0.48%	229,052	$113K	New
ALLURION TECHNOLOGIES INC	0.38%	27,890	$90K	New
GNLN Greenlane Hldgs Inc.	0.33%	287,000	$79K	New
SDA Suncar Technology Group in-A	0.31%	18,200	$75K	New
SCPX Scorpius Holdings Inc.	0.16%	266,100	$37K	New
SIDU Sidus Space Inc. Class A	0.15%	24,186	$36K	New
KPRX Kiora Pharmaceuticals Inc.	0.06%	5,000	$15K	New
AGMH Agm Group Holdings Inc. Class A	0.03%	155,719	$7K	New
GLBS Globus Maritime Limited	0.02%	4,438	$5K	New

Options reported separately and not counted above: REVIVA PHARMACEUTCLS HLDGS I puts ($4.0M), ELI LILLY & CO puts ($1.5M), EOS ENERGY ENTERPRISES INC puts ($1.5M), BIT DIGITAL INC puts ($1.5M), ELI LILLY & CO calls ($556K), ISHARES TR puts ($409K), ZEVRA THERAPEUTICS INC puts ($345K), STATE STR SPDR S&P 500 ETF T puts ($309K), CHECKPOINT THERAPEUTICS INC puts ($25K), STATE STR SPDR S&P 500 ETF T calls ($5K).

Portfolio Sells Q4 2024 → Q1 2025


EOSE Eos Energy Enterprises Inc.	Reduce -19.6%	10.89%	−22.88
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -63.7%	2.80%	−12.86
VANI Vivani Medical Inc.	Reduce -35.1%	3.76%	−8.63
BTBT Bit Digital Inc.	Reduce -1.4%	3.98%	−7.36
CVM Cel-Sci Corp.	Sold out	0.00%	−2.32
LICN Lichen International Ltd.	Sold out	0.00%	−1.82
UNIVERSE PHARMACEUTICALS INC	Sold out	0.00%	−1.66
HEALTHY CHOICE WELLNESS CORP	Sold out	0.00%	−0.47
CNEY CN Energy Group Inc. Class A	Sold out	0.00%	−0.24
DIGITAL ALLY INC	Sold out	0.00%	−0.23
FOXO TECHNOLOGIES INC	Sold out	0.00%	−0.19

Portfolio Buys Q4 2024 → Q1 2025


SRFM Surf Air Mobility Inc.	New	19.81%	+19.81
LLY Eli Lilly & Co.	New	11.86%	+11.86
KSCP Knightscope Inc. Class A	New	5.26%	+5.26
IWM iShares Russell 2000 ETF	Add +166.0%	17.69%	+3.41
ACXP Acurx Pharmaceuticals Inc.	New	3.35%	+3.35
CYN Cyngn Inc.	New	3.04%	+3.04
HEPA Hepion Pharmaceuticals Inc.	New	1.51%	+1.51
SHARPS TECHNOLOGY INC	New	1.47%	+1.47
XTIA Xti Aerospace Inc.	New	1.47%	+1.47
WLGSF Wang & Lee Group Inc.	New	1.22%	+1.22
AEON Aeon Biopharma Inc.	New	1.09%	+1.09
SNOW LAKE RES LTD	New	0.86%	+0.86
UCAR U Power Ltd. Class A	New	0.75%	+0.75
ELAB PMGC Hldgs Inc.	New	0.75%	+0.75
PSYENCE BIOMEDICAL LTD	New	0.65%	+0.65
HOUSTON AMERICAN ENERGY CORP	New	0.60%	+0.60
NNOX Nano-X Imaging Ltd.	New	0.55%	+0.55
NOVABAY PHARMACEUTICALS INC	New	0.54%	+0.54
ENSC Ensysce Biosciences Inc.	New	0.50%	+0.50
FEMTO TECHNOLOGIES INC	New	0.48%	+0.48
TRANSCODE THERAPEUTICS INC	New	0.48%	+0.48
ALLURION TECHNOLOGIES INC	New	0.38%	+0.38
GNLN Greenlane Hldgs Inc.	New	0.33%	+0.33
SDA Suncar Technology Group in-A	New	0.31%	+0.31
SCPX Scorpius Holdings Inc.	New	0.16%	+0.16
SIDU Sidus Space Inc. Class A	New	0.15%	+0.15
KPRX Kiora Pharmaceuticals Inc.	New	0.06%	+0.06
AGMH Agm Group Holdings Inc. Class A	New	0.03%	+0.03
GLBS Globus Maritime Limited	New	0.02%	+0.02
LOGICMARK INC	Add +8467.9%	0.59%	−0.42
CORZ Core Scientific Inc.	Add +154.7%	1.82%	−0.87
VOLCON INC	Add +287.3%	0.79%	−1.15

Options Activity Q4 2024 → Q1 2025


CORE SCIENTIFIC INC NEW	put	Sold out	7,513	$10.6Mbefore exit
ISHARES TR	call	Sold out	237	$5.2Mbefore exit
REVIVA PHARMACEUTCLS HLDGS I	put	Add +257.0%	13,676	$4.0M
ELI LILLY & CO	put	New	186	$1.5M
EOS ENERGY ENTERPRISES INC	put	Add +83.3%	9,652	$1.5M
BIT DIGITAL INC	put	New	4,696	$1.5M
BIT DIGITAL INC	put	Sold out	3,502	$1.0Mbefore exit
EOS ENERGY ENTERPRISES INC	call	Sold out	1,735	$843Kbefore exit
ELI LILLY & CO	call	New	176	$556K
ISHARES TR	put	Add +0.8%	1,200	$409K
ZEVRA THERAPEUTICS INC	put	Add +363.8%	756	$345K
STATE STR SPDR S&P 500 ETF T	put	Add +8.3%	286	$309K
CHECKPOINT THERAPEUTICS INC	put	Reduce -80.4%	354	$25K
STATE STR SPDR S&P 500 ETF T	call	Add +423.8%	110	$5K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2024 → Q1 2025


SXTPW 60 Degrees Pharma Inc.-28	*W EXP 07/12/202	Sold out	161,930	$5Kbefore exit

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	14	$11.8M	SPY, TOYO, FAMI, CRVO, TPST
Q1 2026	20	$5.3M	SPY, ALP, SNES, DSY, BCTX
Q4 2025	24	$11.9M	DSY, EMPD, BLNK, BITCOIN DEPOT INC, ABVX
Q3 2025	28	$19.1M	DSY, EMPD, CPOP, EVEX, CAN FITE BIOFARMA LTD
Q2 2025	32	$12.4M	TPST, EOSE, LYRA, LEXX, CAN FITE BIOFARMA LTD
Q1 2025	36	$23.8M	SRFM, IWM, LLY, EOSE, KSCP
Q4 2024	15	$12.3M	EOSE, SPY, IWM, VANI, BTBT
Q3 2024	24	$7.2M	VANI, VOLCON INC, HEALTHY CHOICE WELLNESS CORP, IMNN, CORZ
Q2 2024	22	$6.7M	VANI, RDHL, GREENWAVE TECHNOLOGY SOLUTIO, ELTK, IWM
Q1 2024	36	$13.9M	VANI, ELTK, RDHL, TNXP, GMM