Ursa Fund Management, LLC

Name: Ursa Fund Management, LLC 13F holdings, Q2 2024
Creator: Ursa Fund Management, LLC
Published: 2024-08-14

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

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Ursa Fund Management, LLC reported 5 stock positions worth $32.6 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 41.4% of the portfolio, followed by Alpha Architect 1-3 MNTH Box (BOXX, 24.8%) and Star (STHO, 15.4%). Compared with Q1 2024, it opened 3 new positions, sold out of 10, added to 1 and reduced 1. The biggest buy was a new position in iShares 0-3 Month Treasury B (SGOV) and the biggest sale Seritage Growth Prop- A (SRG, shares −27%).

Most Recent 13F: Q2 2026
Location: Danville, CA
CIK: 0001693838
Portfolio Value: $32.6M (Q2 2024)
SEC Filing: 0001693838-24-000005 ↗ filed Aug 14, 2024

Holdings Value

Holdings 5 stocks · $32.6M


SGOV iShares 0-3 Month Treasury B	41.40%	134,000	$13.5M	New
BOXX Alpha Architect 1-3 MNTH Box	24.80%	75,000	$8.1M	New
STHO Star Holdings filed as STAR HLDGS	15.43%	417,099	$5.0M	Add +12.0%
LSXMK Liberty Media Corp.-Liber-New	9.77%	143,750	$3.2M	New
SRG Seritage Growth Prop- A	8.60%	600,000	$2.8M	Reduce -27.5%

Options reported separately and not counted above: SRG calls ($2.3M), PARAA calls ($1.1M), SIRI puts ($425K).

Other holdings (1): bonds, preferreds, convertibles and warrants · $88K (not counted above)

Security	Class	Shares / Principal	Value	Change
MSPRW MSP Recovery Inc. -27	*W EXP 05/20/202	22,008,134	$88K	No change

Total filed on the 13F, all lines: $32.7M.

Portfolio Sells Q1 2024 → Q2 2024


SRG Seritage Growth Prop- A	Reduce -27.5%	8.60%	−19.39
EDR Endeavor Group Hold Class A	Sold out	0.00%	−18.24
MANU Manchester United PLC Class A	Sold out	0.00%	−12.72
NLOP Net Lease Office Property	Sold out	0.00%	−9.82
SCRM Screaming Eagle Acq Class A	Sold out	0.00%	−4.59
LGF.B Lions Gate Entertainment-B	Sold out	0.00%	−3.96
HAPN Happen Inc.	Sold out	0.00%	−3.77
DDD 3D Systems Corp.	Sold out	0.00%	−0.93
BE Bloom Energy Corp. Class A	Sold out	0.00%	−0.59
STEM Stem Inc.	Sold out	0.00%	−0.38
XTIA Xti Aerospace Inc.	Sold out	0.00%	−0.13

Portfolio Buys Q1 2024 → Q2 2024


SGOV iShares 0-3 Month Treasury B	New	41.40%	+41.40
BOXX Alpha Architect 1-3 MNTH Box	New	24.80%	+24.80
LSXMK Liberty Media Corp.-Liber-New	New	9.77%	+9.77
STHO Star Holdings	Add +12.0%	15.43%	−1.43

Options Activity Q1 2024 → Q2 2024


ACI Albertsons Cos Inc. Class A	call	Sold out	229,900	$4.9Mbefore exit
EDR Endeavor Group Hold Class A	call	Sold out	182,200	$4.7Mbefore exit
SRG Seritage Growth Prop- A	call	Reduce -40.4%	484,700	$2.3M
PARAA Paramount Global Class B	call	New	107,500	$1.1M
ETRN Equitrans Midstream Corp.	call	Sold out	55,000	$687Kbefore exit
SIRI Sirius XM Holdings Inc.	put	Reduce -0.2%	150,000	$425K
DJT Trump Media & Technology Gro	put	Sold out	5,000	$310Kbefore exit
SIRI Sirius XM Holdings Inc.	call	Sold out	300	$1Kbefore exit

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

Notes & Other Activity Q1 2024 → Q2 2024


SAVAW Cassava Sciences Inc.-28	*W EXP 11/15/202	Sold out	192,960	$778Kbefore exit
SCRMW Screaming Eagle Acq Class A -27	*W EXP 99/99/999	Sold out	503,092	$238Kbefore exit
ETWOW E2OPEN Parent Ho -CW25	*W EXP 02/04/202	Sold out	174,794	$66Kbefore 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	19	$608.9M	MSFT, MU, TSLA, AMZN, GAB
Q1 2026	9	$31.4M	PEN, CLBK, IBIT, GAB, SGOV
Q4 2025	21	$1.2B	MSFT, AAPL, JPM, NVDA, AMZN
Q3 2025	9	$50.7M	AIV, COOP, IBIT, FBTC, SRG
Q2 2025	21	$39.5M	KWEB, SKX, CRF, IBIT, CLM
Q1 2025	14	$28.2M	EQC, AB, LIONS GATE ENTMNT CORP, IBIT, FBTC
Q4 2024	9	$556.2M	MSFT, AAPL, MSTR, EQC, EDR
Q3 2024	8	$32.4M	SGOV, BOXX, EDR, SIRI, HHH
Q2 2024	5	$32.6M	SGOV, BOXX, STHO, LSXMK, SRG
Q1 2024	12	$28.5M	SRG, EDR, STHO, MANU, NLOP