In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Scoggin Management LP reported 42 stock positions worth $210.6 million . Its top holding was Terawulf (WULF) at 10.9% of the portfolio, followed by Core Scientific (CORZ, 10.1% ) and Nebius (NBIS, 7.9% ). Compared with Q1 2025, it opened 15 new positions, sold out of 10, added to 11 and reduced 8. The biggest buy was Core Scientific (CORZ, shares +6% ) and the biggest sale an exit from Pennantpark Floating Rate Ca (PFLT).
Location NEW YORK, NY
CIK 0001086416
Portfolio Value $210.6M (Q2 2025) Holdings 42 stocks · $210.6M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2025 WULF Terawulf Inc. 5,250,000 $23.0M Add +23.5% CORZ Core Scientific Inc. 1,250,000 $21.3M Add +6.4% NBIS Nebius Group NV 300,000 $16.6M Add +26.3% SHCO Soho House & Co. Inc. 2,150,000 $15.8M Add +7.5% TDS Telephone and Data Systems 400,000 $14.2M Reduce -15.8% DIS The Walt Disney Co. filed as DISNEY WALT CO 100,000 $12.4M Add +33.3% PTON Peloton Interactive Inc. Class A 1,375,000 $9.5M Reduce -8.3% ATEX Anterix Inc. 300,000 $7.7M No change SOC Sable Offshore Corp. 350,000 $7.7M Reduce -12.5% ESI Element Solutions Inc. 325,000 $7.4M Add +30.0% AD Array Digital Infrastructure filed as UNITED STATES CELLULAR CORP 100,000 $6.4M Add +700.0% LENZ Lenz Therapeutics Inc. 200,000 $5.9M Add +100.0% TSLA Tesla Inc. 17,500 $5.6M No change TIC Tic Solutions Inc. filed as ACUREN CORP 500,000 $5.5M Reduce -38.5% ETHE Grayscale Ethereum Staking E 230,000 $4.8M No change NEXT Nextdecade Corp. 400,000 $3.6M Reduce -20.0% APO Apollo Global Management Inc. 25,000 $3.5M Reduce -60.0% ECHO Echostar Corp. Class A 125,000 $3.5M New CI The Cigna Group 10,000 $3.3M New LTM Latam Airlines Group SA-ADR 75,000 $3.0M Reduce -40.0% UNFI United Natural Foods Inc. 125,000 $2.9M New KVUE Kenvue Inc. 125,000 $2.6M New MSOS Advisorshares Pure US Cann 1,000,000 $2.4M No change IMSR Terrestrial Energy Inc. filed as HCM II ACQUISITION CORP 200,000 $2.2M New AMZN Amazon.com Inc. 10,000 $2.2M No change NRGV Energy Vault Holdings Inc. 3,000,000 $2.2M No change AUID Authid Inc. 400,000 $2.1M Add +60.4% TIXT Telus International Cda Inc. 553,950 $2.0M New GOOG Alphabet Inc. Class C 10,000 $1.8M No change DQ Daqo New Energy Corp.-ADR 100,000 $1.5M New RTACU Renatus Tactical Acquisition 75,000 $955K New MCGAU Yorkville Acquisition Corp. 75,000 $844K New CEPT Cantor Equity Partners Class A 75,000 $827K New BTBT Bit Digital Inc. 375,000 $821K New CAEP Cantor Equity Partners III-A 75,000 $791K New MAPS WM Technology Inc. 750,000 $672K Reduce -25.0% BW Babcock & Wilcox Enterpr 650,000 $625K Add +30.0% CLNN Clene Inc. 142,750 $558K Add +42.8% ETH Grayscale Ethereum Staking M 23,000 $546K No change RDAGU Republic Digital Acquisition 50,000 $535K New ABM Abm Industries Inc. 10,000 $472K New PCAPU Procap Acquisition Corp. 25,000 $268K New
Options reported separately and not counted above: CORZ calls ($46.5M), SPY puts ($46.3M), QQQ puts ($41.4M), TDS calls ($30.2M), WULF calls ($26.8M), HYG puts ($8.1M), AD calls ($6.4M), DIS puts ($6.2M), DIS calls ($6.2M), IBIT puts ($6.1M), CRWV puts ($5.7M), SOC puts ($4.9M), and 13 more.
Other holdings (1): bonds, preferreds, convertibles and warrants · $5.9M (not counted above) Total filed on the 13F, all lines: $216.4M.
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ PFLT Pennantpark Floating Rate Ca Sold out 0.00% −8.14 QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −5.80 TLT iShares 20+ Year Treasury BD Sold out 0.00% −4.51 SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −3.46 APO Apollo Global Management Inc. Reduce -60.0% 1.68% −2.55 TDS Telephone and Data Systems Reduce -15.8% 6.76% −2.35 TIC Tic Solutions Inc. Reduce -38.5% 2.62% −1.85 LMNR Limoneira Co. Sold out 0.00% −1.54 SOC Sable Offshore Corp. Reduce -12.5% 3.65% −1.37 VG Venture Global Inc. Class A Sold out 0.00% −1.27 X United States Steel Corp. Sold out 0.00% −1.05 LTRX Lantronix Inc. Sold out 0.00% −0.62 LTM Latam Airlines Group SA-ADR Reduce -40.0% 1.45% −0.49 FOCL Edap TMS SA -ADR Sold out 0.00% −0.34 MAPS WM Technology Inc. Reduce -25.0% 0.32% −0.24 NEXT Nextdecade Corp. Reduce -20.0% 1.69% −0.23 PTON Peloton Interactive Inc. Class A Reduce -8.3% 4.53% −0.16 OLPX Olaplex Holdings Inc. Sold out 0.00% −0.03
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ CORZ Core Scientific Inc. Add +6.4% 10.13% +5.92 NBIS Nebius Group NV Add +26.3% 7.88% +5.40 WULF Terawulf Inc. Add +23.5% 10.92% +5.18 AD Array Digital Infrastructure Add +700.0% 3.04% +2.61 DIS The Walt Disney Co. Add +33.3% 5.89% +2.23 ECHO Echostar Corp. Class A New 1.64% +1.64 CI The Cigna Group New 1.57% +1.57 LENZ Lenz Therapeutics Inc. Add +100.0% 2.78% +1.51 SHCO Soho House & Co. Inc. Add +7.5% 7.51% +1.39 UNFI United Natural Foods Inc. New 1.38% +1.38 KVUE Kenvue Inc. New 1.24% +1.24 IMSR Terrestrial Energy Inc. New 1.05% +1.05 TIXT Telus International Cda Inc. New 0.95% +0.95 DQ Daqo New Energy Corp.-ADR New 0.72% +0.72 ESI Element Solutions Inc. Add +30.0% 3.50% +0.70 RTACU Renatus Tactical Acquisition New 0.45% +0.45 AUID Authid Inc. Add +60.4% 1.00% +0.41 MCGAU Yorkville Acquisition Corp. New 0.40% +0.40 CEPT Cantor Equity Partners Class A New 0.39% +0.39 BTBT Bit Digital Inc. New 0.39% +0.39 CAEP Cantor Equity Partners III-A New 0.38% +0.38 RDAGU Republic Digital Acquisition New 0.25% +0.25 ABM Abm Industries Inc. New 0.22% +0.22 BW Babcock & Wilcox Enterpr Add +30.0% 0.30% +0.13 PCAPU Procap Acquisition Corp. New 0.13% +0.13 CLNN Clene Inc. Add +42.8% 0.27% +0.11
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ CORZ Core Scientific Inc. call Add +30.5% 2,725,000 $46.5M SPY SS SPDR S&P 500 ETF Trust-US put Add +20.0% 75,000 $46.3M QQQ Invesco QQQ Trust Series 1 put New 75,000 $41.4M TDS Telephone and Data Systems call Reduce -5.6% 850,000 $30.2M WULF Terawulf Inc. call Add +81.5% 6,125,000 $26.8M SPY SS SPDR S&P 500 ETF Trust-US call Sold out 25,000 $14.0Mbefore exit HYG Ishr Ibx Usd Hiyld CB ETF-Ui put New 100,000 $8.1M AD Array Digital Infrastructure call Reduce -20.0% 100,000 $6.4M DIS The Walt Disney Co. put New 50,000 $6.2M DIS The Walt Disney Co. call New 50,000 $6.2M EFA iShares MSCI Eafe ETF put Sold out 75,000 $6.1Mbefore exit IBIT iShares Bitcoin Trust ETF put New 100,000 $6.1M QQQ Invesco QQQ Trust Series 1 call Sold out 12,500 $5.9Mbefore exit CRWV Coreweave Inc. Class A put New 35,000 $5.7M SOC Sable Offshore Corp. put New 225,000 $4.9M GRPN Groupon Inc. call Sold out 250,000 $4.7Mbefore exit ECHO Echostar Corp. Class A call New 150,000 $4.2M NBIS Nebius Group NV put New 75,000 $4.1M SOC Sable Offshore Corp. call Add +180.0% 175,000 $3.8M NBIS Nebius Group NV call Add +25.0% 62,500 $3.5M UNFI United Natural Foods Inc. call New 125,000 $2.9M ARKK ARK Innovation ETF put New 37,500 $2.6M PTON Peloton Interactive Inc. Class A call Reduce -25.0% 375,000 $2.6M X United States Steel Corp. call Sold out 50,000 $2.1Mbefore exit TDS Telephone and Data Systems put Reduce -80.0% 50,000 $1.8M SLV iShares Silver Trust call New 50,000 $1.6M NVDA Nvidia Corp. call Sold out 12,500 $1.4Mbefore exit RDDT Reddit Inc. Class A call Sold out 12,500 $1.3Mbefore exit UNFI United Natural Foods Inc. put New 50,000 $1.2M CENX Century Aluminum Company call New 50,000 $901K LMNR Limoneira Co. call Sold out 50,000 $886Kbefore exit LMNR Limoneira Co. put Sold out 50,000 $886Kbefore exit BW Babcock & Wilcox Enterpr call Reduce -74.4% 250,000 $241K SHCO Soho House & Co. Inc. call Sold out 36,200 $224Kbefore exit NRGV Energy Vault Holdings Inc. call Reduce -82.1% 125,000 $90K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025 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 48 $422.5M WULF, CORZ, NRGV, WBD, SHAZ Q1 2026 30 $254.0M WULF, CORZ, NRGV, ECHO, APO Q4 2025 36 $262.4M WULF, ECHO, WBD, NRGV, CORZ Q3 2025 35 $252.3M WULF, NBIS, ECHO, NRGV, CORZ Q2 2025 42 $210.6M WULF, CORZ, NBIS, SHCO, TDS Q1 2025 37 $202.0M TDS, PFLT, SHCO, QQQ, WULF Q4 2024 31 $190.4M APO, SHCO, ESI, NBIS, WULF Q3 2024 44 $181.2M ESI, APO, TDS, SHCO, CORZ Q2 2024 37 $149.7M APO, ESI, TDS, SHCO, CRH Q1 2024 34 $134.6M ESI, APO, CRH, SHCO, TLT