Crawford Fund Management, LLC
Follow13F filer, CIK 1816427, BOSTON, MA
Crawford Fund Management, LLC reported $624,666,695 across 193 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14. Its ten largest share positions make up 55.25% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001816427-25-000005
- Period
- 2025-09-30
- Reported value
- $625M
- Holdings
- 193
- Top 10 weight
- 55.25%
- New
- 24
- Sold out
- 23
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| TPLnew | +9,550 | $8.92M |
| CIBnew | +164,500 | $8.54M |
| CDWnew | +23,300 | $3.71M |
| VCELnew | +110,000 | $3.46M |
| NXSTadded | +16,500 | $3.26M |
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
| Security | Shares change | Approx. value |
|---|---|---|
| UTHRreduced | -16,500 | -$6.92M |
| ROKUreduced | -47,147 | -$4.72M |
| CROXreduced | -52,915 | -$4.42M |
| CHEexited | -5,200 | -$2.53M |
| GRBKexited | -36,700 | -$2.31M |
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.
Back to all 26 share positions
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).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| BABOEING CO COM | put | 117,200 | $25.3M | -38,800 |
| IONQIONQ INC Stock | put | 348,500 | $21.4M | +20,500 |
| BEBLOOM ENERGY CORP COM | put | 240,000 | $20.3M | -150,000 |
| AFRMAFFIRM HLDGS INC Stock | put | 203,600 | $14.9M | +1,000 |
| UNHUNITEDHEALTH GROUP INC COM | put | 39,900 | $13.8M | +28,400 |
| CRWVCOREWEAVE INC COM | put | 59,500 | $8.14M | +50,500 |
| UUNITY SOFTWARE INC Stock | put | 183,500 | $7.35M | +8,000 |
| RIVNRIVIAN AUTOMOTIVE INC Stock | put | 499,000 | $7.33M | -142,000 |
| LMNDLEMONADE INC STOK | put | 134,700 | $7.21M | -23,300 |
| AIC3 AI INC CL A | put | 413,000 | $7.16M | +143,000 |
| HIMSHIMS & HERS HEALTH INC COM CL A | put | 123,500 | $7M | -61,800 |
| SMRNUSCALE PWR CORP Stock | put | 192,500 | $6.93M | -6,000 |
| KSSKOHLS CORP COM | put | 450,500 | $6.92M | +39,000 |
| MRNAMODERNA INC COM | put | 260,600 | $6.73M | +60,500 |
| VSATVIASAT INC COM | put | 227,500 | $6.67M | -108,000 |
| SOFISOFI TECHNOLOGIES INC Stock | put | 229,000 | $6.05M | -181,000 |
| QSQUANTUMSCAPE CORP Stock | put | 462,000 | $5.69M | +69,500 |
| RGTIRIGETTI COMPUTING INC Stock | put | 181,000 | $5.39M | +80,000 |
| WBDWARNER BROS DISCOVERY INC Stock | put | 268,500 | $5.24M | -35,000 |
| TEVATEVA PHARMACEUTICAL INDS LTD ADR | put | 248,000 | $5.01M | -18,000 |
| ASTSAST SPACEMOBILE INC Stock | put | 100,700 | $4.94M | -9,000 |
| NNNEXTNAV INC COMMON STOCK | put | 325,000 | $4.65M | +50,600 |
| GMGENERAL MTRS CO Stock | put | 73,500 | $4.48M | -5,100 |
| CALYCALLAWAY GOLF CO COM | put | 471,000 | $4.47M | +204,000 |
| JOBYJOBY AVIATION INC COMMON STOCK | put | 274,000 | $4.42M | +14,500 |
| NCLHNORWEGIAN CRUISE LINE HLDGS Stock | put | 178,000 | $4.38M | +31,500 |
| JACKJACK IN THE BOX INC COM | put | 214,500 | $4.24M | +68,000 |
| HOGHARLEY DAVIDSON INC Stock | put | 150,500 | $4.2M | -71,000 |
| PLTRPALANTIR TECHNOLOGIES INC COM | put | 23,000 | $4.2M | -9,800 |
| SBGISINCLAIR INC Stock | call | 264,000 | $3.99M | new |
| STLASTELLANTIS N.V Stock | put | 424,000 | $3.96M | +197,000 |
| ALKALASKA AIR GROUP INC Stock | put | 78,000 | $3.88M | +14,500 |
| COHRCOHERENT CORP Stock | put | 34,600 | $3.73M | +12,200 |
| CCOICOGENT COMM HOLDINGS INC COM NEW | put | 92,000 | $3.53M | +20,600 |
| TEMTEMPUS AI INC Stock | put | 43,500 | $3.51M | -10,200 |
| PACSPACS GROUP INC COM SHS | put | 246,000 | $3.38M | new |
| XIFRXPLR INFRASTRUCTURE LP COM UNIT PART IN | put | 330,000 | $3.36M | -23,000 |
| SGSWEETGREEN INC COM CL A | put | 416,900 | $3.33M | +140,400 |
| MOSMOSAIC CO Stock | call | 95,000 | $3.29M | -7,000 |
| PFEPFIZER INC COM | put | 127,500 | $3.25M | 0 |
| CNKCINEMARK HLDGS INC Stock | put | 115,000 | $3.22M | +33,500 |
| TPCTUTOR PERINI CORP COM | put | 48,500 | $3.18M | -47,500 |
| MIND MEDICINE MINDMED INCMIND MEDICINE MINDMED INC COM NEW | put | 267,500 | $3.15M | +54,000 |
| CPRICAPRI HOLDINGS LIMITED SHS | put | 158,000 | $3.15M | +9,000 |
| CRNCCERENCE INC Stock | put | 247,000 | $3.08M | +59,500 |
| FSLYFASTLY INC CL A | put | 359,000 | $3.07M | -12,000 |
| APLDAPPLIED DIGITAL CORP Stock | put | 133,000 | $3.05M | -221,000 |
| ELLAUDER ESTEE COS INC Stock | call | 33,500 | $2.95M | -3,500 |
| QUBTQUANTUM COMPUTING INC COM | put | 155,500 | $2.86M | +21,500 |
| BKSYBLACKSKY TECHNOLOGY INC COMMON STOCK | put | 136,000 | $2.74M | -15,000 |
| EXASEXACT SCIENCES CORP Stock | put | 50,000 | $2.74M | +5,700 |
| TDOCTELADOC HEALTH INC COM | put | 349,000 | $2.7M | +42,500 |
| SKYTSKYWATER TECHNOLOGY INC Stock | put | 144,000 | $2.69M | +33,000 |
| BKDBROOKDALE SR LIVING INC COM | put | 317,000 | $2.68M | +96,500 |
| BXPBXP INC REIT | put | 35,200 | $2.62M | +26,000 |
| PROPROS Holdings Inc Common Stock | put | 111,000 | $2.54M | +19,500 |
| AALAMERICAN AIRLINES GROUP INC Stock | put | 220,500 | $2.48M | -21,000 |
| RCREADY CAPITAL CORP COM | put | 638,000 | $2.47M | -152,000 |
| DOCNDIGITALOCEAN HLDGS INC Stock | put | 71,500 | $2.44M | -31,500 |
| FCELFUELCELL ENERGY INC COMMON STOCK | put | 299,000 | $2.33M | +191,000 |
| VNETVNET GROUP INC SPONSORED ADS A | put | 220,000 | $2.27M | +83,500 |
| RHRH COM | put | 11,000 | $2.23M | +600 |
| TSMTAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS | put | 8,000 | $2.23M | -2,000 |
| REALTHE REALREAL INC COM | put | 208,000 | $2.21M | +24,500 |
| SNOWSNOWFLAKE INC Stock | put | 9,800 | $2.21M | -3,000 |
| WENWENDYS CO Stock | put | 239,000 | $2.19M | new |
| RUNSUNRUN INC COM | put | 126,000 | $2.18M | -31,000 |
| NVDANVIDIA CORPORATION COM | put | 11,100 | $2.07M | +2,100 |
| FFORD MTR CO Stock | put | 169,500 | $2.03M | -61,000 |
| SLGSL GREEN RLTY CORP REIT | put | 33,700 | $2.02M | +12,000 |
| EVLVEVOLV TECHNOLOGIES HLDNGS IN COM CL A | put | 261,000 | $1.97M | +145,500 |
| ULCCFRONTIER GROUP HLDGS INC Stock | put | 443,000 | $1.96M | +23,000 |
| ATKRATKORE INC COMMON STOCK | call | 31,000 | $1.94M | +10,100 |
| CCLCARNIVAL CORP Stock | put | 63,500 | $1.84M | -19,000 |
| AREALEXANDRIA REAL ESTATE EQ IN REIT | call | 21,900 | $1.83M | -3,500 |
| PTONPELOTON INTERACTIVE INC CL A COM | put | 202,000 | $1.82M | new |
| ARMARM HOLDINGS PLC SPONSORED ADS | put | 12,600 | $1.78M | +8,700 |
| BHCBAUSCH HEALTH COS INC Stock | put | 270,000 | $1.74M | +18,500 |
| NTRANATERA INC Stock | put | 10,800 | $1.74M | +8,400 |
| CVNACARVANA CO Stock | put | 4,400 | $1.66M | -2,200 |
| FIPFTAI INFRASTRUCTURE INC COMMON STOCK | put | 369,300 | $1.61M | -8,000 |
| TCXTUCOWS INC COM NEW | put | 86,000 | $1.6M | +44,500 |
| MKTXMARKETAXESS HLDGS INC COM | call | 9,000 | $1.57M | +6,600 |
| SITMSITIME CORP Stock | put | 5,200 | $1.57M | -1,000 |
| MARAMARA HOLDINGS INC Stock | put | 84,000 | $1.53M | +23,000 |
| WTRGESSENTIAL UTILS INC Stock | put | 37,500 | $1.5M | -68,000 |
| IEIVANHOE ELECTRIC INC COMMON STOCK | put | 117,000 | $1.47M | +91,000 |
| ASPIASP ISOTOPES INC COM | put | 152,000 | $1.46M | new |
| JBLUJETBLUE AIRWAYS CORP COM | put | 295,000 | $1.45M | -34,000 |
| SNAPSNAP INC CL A | put | 183,000 | $1.41M | +1,000 |
| SOUNSOUNDHOUND AI INC Stock | put | 87,500 | $1.41M | -46,000 |
| MAINMAIN STR CAP CORP COM | put | 22,000 | $1.4M | -26,000 |
| RBLXROBLOX CORP Stock | put | 10,000 | $1.39M | new |
| PKPARK HOTELS & RESORTS INC REIT | put | 125,000 | $1.39M | -36,500 |
| XMTRXOMETRY INC CLASS A COM | put | 25,000 | $1.36M | 0 |
| ASANASANA INC CL A | put | 101,500 | $1.36M | -22,000 |
| CMRCCOMMERCE.COM INC COM SER 1 | put | 271,000 | $1.35M | +97,000 |
| EVGOEVGO INC CL A COM | put | 278,500 | $1.32M | +32,000 |
| LUMNLUMEN TECHNOLOGIES INC COM | put | 215,000 | $1.32M | -33,000 |
| RIOTRIOT PLATFORMS INC COM | put | 68,000 | $1.29M | -12,000 |
| ALLYALLY FINL INC Stock | put | 32,500 | $1.27M | -49,000 |
| NNENANO NUCLEAR ENERGY INC COM | put | 31,000 | $1.2M | new |
| HTZHERTZ GLOBAL HLDGS INC COM NEW | put | 174,000 | $1.18M | +70,000 |
| LCIDLUCID GROUP INC Stock | call | 484,500 | $1.15M | new |
| MFICMIDCAP FINANCIAL INVSTMNT CO COM NEW | put | 93,000 | $1.12M | +30,600 |
| OWLBLUE OWL CAPITAL INC Stock | put | 65,000 | $1.1M | -20,000 |
| CMCSACOMCAST CORP NEW COM | call | 35,000 | $1.1M | -30,000 |
| MPTMEDICAL PROPERTIES TRUST INC REIT | put | 214,200 | $1.09M | -30,500 |
| PIIPOLARIS INC Stock | put | 18,000 | $1.05M | -10,500 |
| IEPICAHN ENTERPRISES LP Common Stock | put | 122,000 | $1.03M | new |
| BBAIBIGBEAR AI HLDGS INC Stock | put | 157,000 | $1.02M | +83,700 |
| PLAYDAVE & BUSTERS ENTMT INC COM | put | 55,000 | $999K | -8,000 |
| CHPTCHARGEPOINT HOLDINGS INC Equity | put | 84,000 | $917K | new |
| COURCOURSERA INC Stock | put | 77,000 | $902K | 0 |
| FICOFAIR ISAAC CORP Stock | put | 600 | $898K | new |
| JBGSJBG SMITH PPTYS REIT | put | 40,100 | $892K | -19,000 |
| AAPADVANCE AUTO PARTS INC COM | put | 14,500 | $890K | -2,500 |
| HCATHEALTH CATALYST INC COM | put | 307,000 | $875K | +160,000 |
| NTNXNUTANIX INC Stock | put | 11,700 | $870K | -7,000 |
| ETSYETSY INC COM | call | 12,000 | $797K | new |
| GOOSCANADA GOOSE HLDGS INC Stock | call | 57,500 | $793K | -17,500 |
| ALBALBEMARLE CORP COM | call | 9,500 | $770K | new |
| NWLNEWELL BRANDS INC Stock | put | 146,000 | $765K | +13,000 |
| MACMACERICH CO COM | put | 42,000 | $764K | 0 |
| BOTZGLOBAL X FDS RBTCS ARTFL INTE | put | 21,000 | $744K | -500 |
| JMIAJUMIA TECHNOLOGIES AG ADR | put | 63,500 | $737K | +21,000 |
| ZETAZETA GLOBAL HOLDINGS CORP Stock | put | 37,000 | $735K | -19,000 |
| CPNGCOUPANG INC CL A | call | 22,500 | $724K | -8,000 |
| VNOVORNADO RLTY TR SH BEN INT | put | 16,000 | $648K | -8,000 |
| HNSTHONEST CO INC COM | put | 176,000 | $648K | +14,000 |
| RACEFERRARI N V COM | put | 1,300 | $631K | -1,300 |
| AMCAMC ENTMT HLDGS INC CL A NEW | put | 215,000 | $624K | +37,000 |
| ARQQARQIT QUANTUM INC Stock | put | 16,000 | $620K | new |
| 89BIO INC89BIO INC COM | put | 42,000 | $617K | +9,000 |
| BBIOBRIDGEBIO PHARMA INC COM | put | 11,500 | $597K | -12,000 |
| LYFTLYFT INC CL A COM | put | 26,000 | $572K | -16,000 |
| FNDFLOOR & DECOR HLDGS INC Stock | put | 7,600 | $560K | -5,000 |
| PENNPENN ENTERTAINMENT INC Stock | put | 28,500 | $549K | -13,000 |
| BRKRBRUKER CORP COM | call | 16,000 | $520K | -16,500 |
| HPPHUDSON PAC PPTYS INC COM | put | 185,000 | $511K | +85,000 |
| SLVISHARES SILVER TR COM | call | 12,000 | $508K | -4,000 |
| MAGXROUNDHILL ETF TRUST CMN | put | 8,600 | $485K | new |
| CBRLCRACKER BARREL OLD CTRY STOR COM | put | 11,000 | $485K | new |
| SIRISIRIUSXM HOLDINGS INC COMMON STOCK | call | 19,000 | $442K | 0 |
| CHTRCHARTER COMMUNICATIONS INC COM | put | 1,600 | $440K | 0 |
| FIGSFIGS INC COMMON STOCK | call | 65,000 | $435K | -108,000 |
| LAMRLAMAR ADVERTISING CO REIT | call | 3,500 | $428K | 0 |
| SHAKSHAKE SHACK INC CL A | put | 4,500 | $421K | 0 |
| LQDALIQUIDIA CORPORATION Stock | put | 18,000 | $409K | +7,500 |
| BLNDBLEND LABS INC CL A | put | 97,000 | $354K | +28,000 |
| CIOCITY OFFICE REIT INC COM | put | 50,000 | $348K | -12,500 |
| OPCHOPTION CARE HEALTH INC Stock | call | 12,000 | $333K | new |
| SFIXSTITCH FIX INC COM CL A | put | 72,000 | $313K | +12,000 |
| PLCECHILDRENS PL INC NEW COM | put | 47,000 | $292K | -52,000 |
| AGIALAMOS GOLD INC Stock | call | 7,000 | $244K | new |
| NVAXNOVAVAX INC COM NEW | put | 25,000 | $217K | 0 |
| SPCEVIRGIN GALACTIC HOLDINGS INC COMMON STOCK | put | 53,500 | $207K | -34,500 |
| LOMALOMA NEGRA C I A S A MTN 14 SPONSORED ADS | call | 26,000 | $192K | -7,500 |
| HLLYHOLLEY INC COMMON STOCK | put | 60,000 | $188K | +47,500 |
| TXG10X GENOMICS INC Stock | put | 16,000 | $187K | -68,200 |
| SERVSERVE ROBOTICS INC COM | put | 15,000 | $174K | new |
| FFWMFIRST FNDTN INC Common Stock | put | 26,000 | $145K | -26,000 |
| BYNDBEYOND MEAT INC COM | put | 70,000 | $132K | +33,000 |
| NWLNEWELL BRANDS INC Stock | call | 20,500 | $107K | 0 |
| DDD3D SYS CORP DEL COMMON STOCK | put | 30,500 | $88.5K | 0 |
| LAZRQLUMINAR TECHNOLOGIES INC. COM COM NEW CL A | put | 44,000 | $84K | -26,000 |
| NFENEW FORTRESS ENERGY INC COM CL A | put | 20,000 | $44.2K | -53,000 |
Sold out in Q3 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC | 271,500 | $3.12M | put |
| CHECHEMED CORP NEW | 5,200 | $2.53M | shares |
| GRBKGREEN BRICK PARTNERS INC | 36,700 | $2.31M | shares |
| AAPLAPPLE INC | 8,000 | $1.64M | put |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW | 19,300 | $1.06M | put |
| POTBELLY CORPPOTBELLY CORP | 86,000 | $1.05M | call |
| SCHNITZER STEEL INDUSTRIES …SCHNITZER STEEL INDUSTRIES INC | 33,500 | $995K | put |
| BUDANHEUSER BUSCH INBEV SA NV | 12,000 | $825K | put |
| LUCID GROUP INCLUCID GROUP INC | 356,000 | $751K | call |
| ASMLASML HLDG NV | 700 | $561K | shares |
| BLUEPRINT MEDICINES CORPBLUEPRINT MEDICINES CORP | 4,300 | $551K | put |
| AREALEXANDRIA REAL ESTATE EQ IN | 6,658 | $484K | shares |
| ALGNALIGN TECHNOLOGY INC | 2,200 | $417K | call |
| HSYHERSHEY CO | 2,300 | $382K | call |
| TSLATESLA INC | 1,200 | $381K | put |
| BACBANK OF AMER CORP | 8,000 | $379K | put |
| DCOMDIME COML BANCSHARES INC | 13,600 | $366K | put |
| ARESARES MANAGEMENT CORPORATION | 2,100 | $364K | put |
| ZIONZIONS BANCORPORATION NATL AS | 5,500 | $286K | put |
| RRGBRED ROBIN GOURMET BURGERS IN | 42,500 | $246K | put |
| BWBBRIDGEWATER BANCSHARES INC | 11,000 | $175K | put |
| CDZICADIZ INC | 50,000 | $150K | put |
| CXWCORECIVIC INC | 4,000 | $84.3K | call |
How Q3 2025 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).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001816427-25-000005 | base | 2025-11-14 | acceptance time not in the bulk data set |