Skip to content
Disclosery

Black Maple Capital Management LP

Follow

13F filer, CIK 1588959, MILWAUKEE, WI

Black Maple Capital Management LP reported $179,489,633 across 98 holdings for the quarter ended 2026-03-31, in a 13F-HR filed 2026-05-15. Its ten largest share positions make up 61.3% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001214659-26-006446

Period
2026-03-31
Reported value
$179M
Holdings
98
Top 10 weight
61.3%
New
41
Sold out
29

Largest buys vs the previous quarter

SecurityShares changeApprox. value
SPYadded+12,901$8.39M
EXEnew+68,398$7.51M
PNFPnew+85,549$7.37M
ALKadded+116,100$4.27M
BACadded+62,571$3.05M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
PNFPexited-78,559-$7.5M
ODVexited-1,618,010-$5.65M
EQTexited-98,039-$5.25M
OZKexited-92,672-$4.26M
EOGexited-29,000-$3.05M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2026

Share positions as resolved from 13F-HR 0001214659-26-006446, largest first. % of portfolio is the value over $130,197,342, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
SPYSTATE STR SPDR S&P 500 ETF TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 37,295 shares; 2024Q4: 33,295 shares; 2025Q1: 40,752 shares; 2025Q2: 43,752 shares; 2025Q3: 42,283 shares; 2025Q4: 28,583 shares; 2026Q1: 41,484 shares 41,484$27M20.72%+12,901Timeline
EXEEXPAND ENERGY CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 34,941 shares; 2025Q4: not reported; 2026Q1: 68,398 shares 68,398$7.51M5.77%newTimeline
PNFPPINNACLE FINL PARTNERS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 85,549 shares 85,549$7.37M5.66%newTimeline
RSPINVESCO EXCHANGE TRADED FD TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 37,000 shares; 2024Q4: 33,000 shares; 2025Q1: 30,100 shares; 2025Q2: 23,600 shares; 2025Q3: 36,050 shares; 2025Q4: 35,050 shares; 2026Q1: 34,050 shares 34,050$6.53M5.02%-1,000Timeline
ALKALASKA AIR GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 22,686 shares; 2024Q4: 22,686 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 56,500 shares; 2026Q1: 172,600 shares 172,600$6.35M4.88%+116,100Timeline
HBANHUNTINGTON BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 141,639 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 53,300 shares; 2025Q4: 430,300 shares; 2026Q1: 397,656 shares 397,656$6.22M4.78%-32,644Timeline
WALWESTERN ALLIANCE BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 3,500 shares; 2024Q4: 110,000 shares; 2025Q1: 79,100 shares; 2025Q2: 69,192 shares; 2025Q3: 54,492 shares; 2025Q4: 110,776 shares; 2026Q1: 84,599 shares 84,599$5.99M4.6%-26,177Timeline
BACBANK OF AMER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 14,400 shares; 2024Q4: 7,500 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 34,300 shares; 2026Q1: 96,871 shares 96,871$4.72M3.63%+62,571Timeline
BANCBANC OF CALIFORNIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 533,190 shares; 2024Q4: 501,074 shares; 2025Q1: 412,353 shares; 2025Q2: 454,896 shares; 2025Q3: 96,269 shares; 2025Q4: 172,612 shares; 2026Q1: 249,621 shares 249,621$4.39M3.37%+77,009Timeline
UBERUBER TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 3,500 shares; 2025Q3: 35,000 shares; 2025Q4: 57,500 shares; 2026Q1: 52,100 shares 52,100$3.75M2.88%-5,400Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 7,106 shares 7,106$2.63M2.02%newTimeline
EWUISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 38,210 shares; 2024Q4: 45,210 shares; 2025Q1: 45,210 shares; 2025Q2: 61,210 shares; 2025Q3: 51,210 shares; 2025Q4: 67,610 shares; 2026Q1: 55,910 shares 55,910$2.55M1.96%-11,700Timeline
COFCAPITAL ONE FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 12,900 shares 12,900$2.35M1.81%newTimeline
EWYISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 45,300 shares; 2024Q4: 34,300 shares; 2025Q1: 6,000 shares; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 18,000 shares 18,000$2.21M1.7%newTimeline
SYFSYNCHRONY FINANCIALQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 6,000 shares; 2024Q4: not reported; 2025Q1: 59,600 shares; 2025Q2: not reported; 2025Q3: 7,500 shares; 2025Q4: not reported; 2026Q1: 31,500 shares 31,500$2.14M1.65%newTimeline
KCCAKRANESHARES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 78,313 shares; 2025Q3: 105,517 shares; 2025Q4: 105,517 shares; 2026Q1: 140,517 shares 140,517$2.08M1.6%+35,000Timeline
FEZSPDR INDEX SHS FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 31,800 shares; 2024Q4: 31,800 shares; 2025Q1: 31,800 shares; 2025Q2: 31,800 shares; 2025Q3: 31,800 shares; 2025Q4: 31,800 shares; 2026Q1: 31,800 shares 31,800$1.97M1.52%0Timeline
EWJISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 40,509 shares; 2024Q4: 40,509 shares; 2025Q1: 40,509 shares; 2025Q2: 39,159 shares; 2025Q3: 39,159 shares; 2025Q4: 39,159 shares; 2026Q1: 20,659 shares 20,659$1.74M1.34%-18,500Timeline
XLFSELECT SECTOR SPDR TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 35,000 shares 35,000$1.73M1.33%newTimeline
ORCLORACLE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 10,350 shares 10,350$1.52M1.17%newTimeline
DDIDOUBLEDOWN INTERACTIVE CO LTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 50,000 shares; 2025Q3: 98,444 shares; 2025Q4: 161,768 shares; 2026Q1: 161,768 shares 161,768$1.37M1.05%0Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 1,700 shares; 2024Q4: not reported; 2025Q1: 1,770 shares; 2025Q2: 4,370 shares; 2025Q3: 4,370 shares; 2025Q4: 5,920 shares; 2026Q1: 2,220 shares 2,220$1.27M0.98%-3,700Timeline
LIENCHICAGO ATLANTIC BDC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 183,668 shares; 2025Q3: 156,596 shares; 2025Q4: 135,920 shares; 2026Q1: 130,920 shares 130,920$1.22M0.94%-5,000Timeline
XLCSELECT SECTOR SPDR TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 10,970 shares; 2024Q4: 10,970 shares; 2025Q1: 10,970 shares; 2025Q2: 10,970 shares; 2025Q3: 10,970 shares; 2025Q4: 10,970 shares; 2026Q1: 10,970 shares 10,970$1.22M0.93%0Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 4,000 shares; 2025Q2: 4,000 shares; 2025Q3: 4,000 shares; 2025Q4: 4,000 shares; 2026Q1: 3,500 shares 3,500$1.01M0.77%-500Timeline
LODECOMSTOCK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 325,134 shares 325,134$992K0.76%newTimeline
INDAISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 22,000 shares; 2024Q4: 22,000 shares; 2025Q1: 22,000 shares; 2025Q2: 15,000 shares; 2025Q3: 23,000 shares; 2025Q4: 30,000 shares; 2026Q1: 20,300 shares 20,300$951K0.73%-9,700Timeline
MDYSTATE STR SPDR S&P MIDCAP 40Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 3,000 shares; 2025Q1: 3,000 shares; 2025Q2: 3,000 shares; 2025Q3: 1,000 shares; 2025Q4: 2,000 shares; 2026Q1: 1,500 shares 1,500$925K0.71%-500Timeline
OSBCOLD SECOND BANCORP INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 46,436 shares; 2024Q4: 40,000 shares; 2025Q1: 42,500 shares; 2025Q2: 47,500 shares; 2025Q3: 52,500 shares; 2025Q4: 49,000 shares; 2026Q1: 39,224 shares 39,224$791K0.61%-9,776Timeline
FXIISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 35,500 shares; 2025Q1: 30,500 shares; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 22,000 shares 22,000$790K0.61%newTimeline
LYFTLYFT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 36,000 shares; 2025Q3: 26,039 shares; 2025Q4: not reported; 2026Q1: 58,000 shares 58,000$771K0.59%newTimeline
SMHVANECK ETF TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 2,000 shares 2,000$767K0.59%newTimeline
AVGOBROADCOM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 2,295 shares 2,295$710K0.55%newTimeline
GDXVANECK ETF TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 15,000 shares; 2025Q1: 15,000 shares; 2025Q2: 15,000 shares; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 7,500 shares 7,500$688K0.53%newTimeline
WFCWELLS FARGO & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 157,677 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 8,500 shares 8,500$677K0.52%newTimeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 3,220 shares; 2026Q1: 3,220 shares 3,220$671K0.52%0Timeline
XMESPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 21,000 shares; 2024Q4: 21,000 shares; 2025Q1: 21,000 shares; 2025Q2: 10,500 shares; 2025Q3: 10,500 shares; 2025Q4: 10,500 shares; 2026Q1: 6,000 shares 6,000$648K0.5%-4,500Timeline
MRVLMARVELL TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,250 shares; 2025Q2: 13,350 shares; 2025Q3: 10,600 shares; 2025Q4: 9,416 shares; 2026Q1: 6,350 shares 6,350$629K0.48%-3,066Timeline
XLKSELECT SECTOR SPDR TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 2,260 shares; 2024Q4: 2,260 shares; 2025Q1: 2,260 shares; 2025Q2: 2,260 shares; 2025Q3: 2,260 shares; 2025Q4: 4,520 shares; 2026Q1: 4,520 shares 4,520$601K0.46%0Timeline
NXENEXGEN ENERGY LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 35,000 shares; 2024Q4: 71,200 shares; 2025Q1: 91,200 shares; 2025Q2: 91,200 shares; 2025Q3: 86,200 shares; 2025Q4: 66,200 shares; 2026Q1: 50,000 shares 50,000$580K0.45%-16,200Timeline
ELMEELME COMMUNITIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 269,317 shares 269,317$541K0.42%newTimeline
INRINFINITY NAT RES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 48,928 shares; 2026Q1: 30,709 shares 30,709$541K0.42%-18,219Timeline
FNWDFINWARD BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 44,580 shares; 2024Q4: 44,554 shares; 2025Q1: 30,000 shares; 2025Q2: 30,000 shares; 2025Q3: 30,000 shares; 2025Q4: 21,242 shares; 2026Q1: 14,678 shares 14,678$533K0.41%-6,564Timeline
KRESPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 11,000 shares; 2024Q4: 12,500 shares; 2025Q1: 12,500 shares; 2025Q2: 10,500 shares; 2025Q3: 8,500 shares; 2025Q4: 10,500 shares; 2026Q1: 8,000 shares 8,000$521K0.4%-2,500Timeline
IBTIISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 10,000 shares; 2025Q3: 20,000 shares; 2025Q4: 20,000 shares; 2026Q1: 23,250 shares 23,250$518K0.4%+3,250Timeline
ALRSALERUS FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 13,541 shares; 2024Q4: 11,628 shares; 2025Q1: 12,835 shares; 2025Q2: 14,972 shares; 2025Q3: 10,952 shares; 2025Q4: 24,576 shares; 2026Q1: 19,757 shares 19,757$468K0.36%-4,819Timeline
IBTHISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 12,500 shares; 2025Q3: 20,000 shares; 2025Q4: 20,000 shares; 2026Q1: 20,000 shares 20,000$449K0.34%0Timeline
DUOTDUOS TECHNOLOGIES GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 63,707 shares 63,707$437K0.34%newTimeline
GLDSPDR GOLD TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,100 shares; 2026Q1: 1,000 shares 1,000$430K0.33%-100Timeline
USBUS BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 77,500 shares; 2025Q2: 7,000 shares; 2025Q3: 131,450 shares; 2025Q4: 8,000 shares; 2026Q1: 8,000 shares 8,000$416K0.32%0Timeline
RYNRAYONIER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 20,000 shares 20,000$412K0.32%newTimeline
DOCHEALTHPEAK PROPERTIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 25,000 shares; 2026Q1: 25,000 shares 25,000$411K0.32%0Timeline
BUSEFIRST BUSEY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 15,859 shares; 2025Q3: 10,859 shares; 2025Q4: 12,359 shares; 2026Q1: 15,359 shares 15,359$388K0.3%+3,000Timeline
IBTJISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 10,000 shares; 2025Q4: 10,000 shares; 2026Q1: 17,500 shares 17,500$382K0.29%+7,500Timeline
CHCTCOMMUNITY HEALTHCARE TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 11,340 shares; 2026Q1: 22,258 shares 22,258$354K0.27%+10,918Timeline
LNSRLENSAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 62,135 shares; 2025Q2: 108,540 shares; 2025Q3: 117,340 shares; 2025Q4: 117,340 shares; 2026Q1: 55,371 shares 55,371$330K0.25%-61,969Timeline
EWPISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 20,000 shares; 2024Q4: 20,000 shares; 2025Q1: 20,000 shares; 2025Q2: 14,000 shares; 2025Q3: 8,000 shares; 2025Q4: 6,000 shares; 2026Q1: 6,000 shares 6,000$326K0.25%0Timeline
AFCGADVANCED FLOWER CAP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 110,912 shares 110,912$313K0.24%newTimeline
KWEBKRANESHARES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 9,000 shares; 2026Q1: 11,000 shares 11,000$313K0.24%+2,000Timeline
STHOSTAR HLDGSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 19,766 shares; 2025Q4: 25,841 shares; 2026Q1: 40,970 shares 40,970$310K0.24%+15,129Timeline
FSUNFIRSTSUN CAP BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 6,340 shares; 2026Q1: 8,340 shares 8,340$304K0.23%+2,000Timeline
TSLATESLA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 785 shares; 2026Q1: 785 shares 785$292K0.22%0Timeline
FVCBFVCBANKCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 23,971 shares; 2025Q3: 23,971 shares; 2025Q4: 23,971 shares; 2026Q1: 19,150 shares 19,150$291K0.22%-4,821Timeline
POETPOET TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 45,500 shares 45,500$270K0.21%newTimeline
IGSBISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 5,000 shares; 2024Q4: 5,000 shares; 2025Q1: 5,000 shares; 2025Q2: 5,000 shares; 2025Q3: 5,000 shares; 2025Q4: 5,000 shares; 2026Q1: 5,000 shares 5,000$263K0.2%0Timeline
BPRNPRINCETON BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 7,118 shares 7,118$240K0.18%newTimeline
FFBC1ST FINL BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 12,500 shares; 2026Q1: 8,556 shares 8,556$239K0.18%-3,944Timeline
MSOSADVISORSHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 25,000 shares; 2024Q4: 40,000 shares; 2025Q1: 40,000 shares; 2025Q2: 45,000 shares; 2025Q3: 55,000 shares; 2025Q4: 65,000 shares; 2026Q1: 65,000 shares 65,000$231K0.18%0Timeline
GSBDGOLDMAN SACHS BDC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 10,000 shares; 2026Q1: 25,000 shares 25,000$222K0.17%+15,000Timeline
ETHAISHARES ETHEREUM TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 13,000 shares 13,000$206K0.16%newTimeline
SGMLSIGMA LITHIUM CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 14,286 shares; 2024Q4: 14,286 shares; 2025Q1: 14,286 shares; 2025Q2: 14,286 shares; 2025Q3: 14,286 shares; 2025Q4: 14,286 shares; 2026Q1: 14,286 shares 14,286$176K0.14%0Timeline
BURBURFORD CAPITAL LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 199,124 shares; 2024Q4: 210,180 shares; 2025Q1: 186,958 shares; 2025Q2: 258,057 shares; 2025Q3: 120,462 shares; 2025Q4: 48,662 shares; 2026Q1: 38,662 shares 38,662$175K0.13%-10,000Timeline
KDKYNDRYL HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 12,000 shares 12,000$157K0.12%newTimeline
MSDLMORGAN STANLEY DIRECT LENDINQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 10,000 shares 10,000$140K0.11%newTimeline
LARLITHIUM ARGENTINA AGQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 30,191 shares; 2025Q2: 30,191 shares; 2025Q3: 30,191 shares; 2025Q4: 20,191 shares; 2026Q1: 20,191 shares 20,191$135K0.1%0Timeline
OCSLOAKTREE SPECIALTY LENDINGQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 10,000 shares 10,000$113K0.09%newTimeline
SNFCASECURITY NATL FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 12,837 shares; 2025Q4: 24,078 shares; 2026Q1: 11,311 shares 11,311$107K0.08%-12,767Timeline
SITCSITE CTRS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 24,000 shares; 2025Q4: 24,000 shares; 2026Q1: 15,000 shares 15,000$81K0.06%-9,000Timeline
MUMICRON TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 3,000 shares; 2024Q4: 9,500 shares; 2025Q1: 17,750 shares; 2025Q2: 11,700 shares; 2025Q3: 12,700 shares; 2025Q4: 1,000 shares; 2026Q1: 210 shares 210$70.9K0.05%-790Timeline
BITFBITFARMS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 125,000 shares; 2024Q4: 40,000 shares; 2025Q1: 40,000 shares; 2025Q2: 40,000 shares; 2025Q3: 30,000 shares; 2025Q4: 33,000 shares; 2026Q1: 33,000 shares 33,000$64.3K0.05%0Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
SPYSTATE STR SPDR S&P 500 ETF T SHSput47,700$31M+36,700
HYGISHARES TR IBOXX HI YD ETFput50,000$3.98Mnew
MSFTMICROSOFT CORP COMput6,500$2.41Mnew
EWYISHARES INC MSCI STH KOR ETFput15,000$1.85Mnew
XLFSELECT SECTOR SPDR TR SHSput35,000$1.73Mnew
ORCLORACLE CORP COMput10,000$1.47Mnew
AEMAGNICO EAGLE MINES LTD Stockcall5,000$1.01Mnew
XHBSPDR SERIES TRUST SHScall10,000$987Knew
MUMICRON TECHNOLOGY INC COMcall2,500$845Knew
SMHVANECK ETF TRUST COMput2,000$767Knew
SPYSTATE STR SPDR S&P 500 ETF T SHScall1,000$650Knew
XMESPDR SERIES TRUST SHSput6,000$648Knew
MDYSTATE STR SPDR S&P MIDCAP 40 SHSput1,000$617Knew
GDXVANECK ETF TRUST GOLD MINERS ETFput6,500$597Knew
UBERUBER TECHNOLOGIES INC COMcall5,000$360Knew
BANCBANC OF CALIFORNIA INC COMMON STOCKcall8,900$156K-10,000
METAMETA PLATFORMS INC COMput200$114Knew
ETHAISHARES ETHEREUM TR COMput5,500$87.1Knew

Sold out in Q1 2026

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
PNFPPINNACLE FINANCIAL PARTNERS78,559$7.5Mshares
ODVOSISKO DEVELOPMENT CORP1,618,010$5.65Mshares
EQTEQT CORP98,039$5.25Mshares
OZKBANK OZK LITTLE ROCK ARK92,672$4.26Mshares
EOGEOG RES INC29,000$3.05Mshares
MBINMERCHANTS BANCORP IND82,092$2.8Mshares
SNVSYNOVUS FINANCIAL CORP39,700$1.99Mshares
GOOGALPHABET INC4,000$1.26Mshares
EIDOISHARES TR57,104$1.07Mshares
ODVOSISKO DEVELOPMENT CORP249,700$871Kput
NOGNORTHERN OIL & GAS INC33,600$721Kshares
GDXJVANECK ETF TRUST6,050$688Kshares
NECBNORTHEAST CMNTY BANCORP INC30,371$687Kshares
SIMOSILICON MOTION TECHNOLOGY CO7,300$677Kshares
ADBEADOBE INC1,800$630Kshares
FCXFREEPORT MCMORAN INC12,000$609Kshares
ARANTERO RESOURCES CORP16,100$555Kshares
SMSM ENERGY COMPANY23,000$430Kshares
CRMSALESFORCE INC1,500$397Kshares
DELLDELL TECHNOLOGIES INC3,000$378Kshares
IBCPINDEPENDENT BK CORP MICH10,769$350Kshares
KMBKIMBERLY-CLARK CORP3,000$303Kshares
TECKTECK RESOURCES LTD5,700$273Kshares
CZWICITIZENS CMNTY BANCORP INC M11,718$209Kshares
GLDSPDR GOLD TR500$198Kput
SMRNUSCALE PWR CORP13,000$184Kshares
DHCDIVERSIFIED HEALTHCARE TR25,300$123Kcall
ASCARDMORE SHIPPING CORP10,000$106Kshares
DHCDIVERSIFIED HEALTHCARE TR13,684$66.4Kshares

How Q1 2026 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001214659-26-006446 base2026-05-15acceptance time not in the bulk data set