Crawford Fund Management, LLC
Follow13F filer, CIK 1816427, BOSTON, MA
Crawford Fund Management, LLC reported $758,959,137 across 199 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 50.44% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001816427-26-000003
- Period
- 2025-12-31
- Reported value
- $759M
- Holdings
- 199
- Top 10 weight
- 50.44%
- New
- 35
- Sold out
- 29
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| CUBInew | +183,850 | $13.4M |
| OPCHnew | +367,000 | $11.7M |
| NTBnew | +201,504 | $10M |
| TPLadded | +32,137 | $9.23M |
| YELPadded | +261,913 | $7.96M |
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 | -11,522 | -$5.61M |
| RGLDexited | -22,616 | -$4.54M |
| BURexited | -361,346 | -$4.32M |
| ROKUreduced | -35,597 | -$3.86M |
| VCELreduced | -91,200 | -$3.28M |
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, Q4 2025
Share positions as resolved from 13F-HR 0001816427-26-000003, largest first. % of portfolio is the value over $311,946,259, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| NXSTNEXSTAR MEDIA GROUP INC | 90,593 | $18.4M | 5.9% | +33,250 | Timeline | ||
| UBERUBER TECHNOLOGIES INC | 224,564 | $18.3M | 5.88% | +85,764 | Timeline | ||
| XPELXPEL INC | 364,251 | $18.2M | 5.83% | +104,048 | Timeline | ||
| LNGCHENIERE ENERGY INC | 85,175 | $16.6M | 5.31% | +36,299 | Timeline | ||
| CIBGRUPO CIBEST SA | 256,601 | $16.3M | 5.23% | +92,101 | Timeline | ||
| YELPYELP INC | 523,958 | $15.9M | 5.1% | +261,913 | Timeline | ||
| WTWISDOMTREE INC | 1,241,269 | $15.1M | 4.85% | +548,095 | Timeline | ||
| CUBICUSTOMERS BANCORP INC | 183,850 | $13.4M | 4.31% | new | Timeline | ||
| BAHBOOZ ALLEN HAMILTON HLDG COR | 154,611 | $13M | 4.18% | +57,961 | Timeline | ||
| SASEABRIDGE GOLD INC | 405,743 | $12M | 3.85% | -10,675 | Timeline | ||
| SAMBOSTON BEER INC | 61,481 | $12M | 3.85% | +18,795 | Timeline | ||
| TPLTEXAS PACIFIC LAND CORPORATI | 41,687 | $12M | 3.84% | +32,137 | Timeline | ||
| OPCHOPTION CARE HEALTH INC | 367,000 | $11.7M | 3.75% | new | Timeline | ||
| NTBBANK OF N T BUTTERFIELD & SO | 201,504 | $10M | 3.22% | new | Timeline | ||
| HBCPHOMEBANCORP INC | 170,448 | $9.85M | 3.16% | +42,940 | Timeline | ||
| TOSTTOAST INC | 253,936 | $9.02M | 2.89% | +127,886 | Timeline | ||
| KSPIKASPI KZ JSC | 89,769 | $7.01M | 2.25% | +32,104 | Timeline | ||
| HIFSHINGHAM INSTN SVGS MASS | 24,566 | $6.98M | 2.24% | +5,139 | Timeline | ||
| CDWCDW CORP | 50,452 | $6.87M | 2.2% | +27,152 | Timeline | ||
| ROKUROKU INC | 63,060 | $6.84M | 2.19% | -35,597 | Timeline | ||
| CROXCROCS INC | 76,083 | $6.51M | 2.09% | +43,287 | Timeline | ||
| ABNBAIRBNB INC | 47,792 | $6.49M | 2.08% | +1,292 | Timeline | ||
| CHECHEMED CORP NEW | 14,475 | $6.19M | 1.99% | new | Timeline | ||
| NNINELNET INC | 46,090 | $6.13M | 1.96% | +11,307 | Timeline | ||
| GRBKGREEN BRICK PARTNERS INC | 93,900 | $5.88M | 1.89% | new | Timeline | ||
| PMPHILIP MORRIS INTL INC | 34,576 | $5.55M | 1.78% | new | Timeline | ||
| NATHNATHANS FAMOUS INC | 58,926 | $5.51M | 1.77% | +728 | Timeline | ||
| HROWHARROW INC | 103,400 | $5.07M | 1.62% | new | Timeline | ||
| MORNMORNINGSTAR INC | 20,300 | $4.41M | 1.41% | new | Timeline | ||
| UTHRUNITED THERAPEUTICS CORP DEL | 8,993 | $4.38M | 1.4% | -11,522 | Timeline | ||
| SFMSPROUTS FMRS MKT INC | 37,544 | $2.99M | 0.96% | new | Timeline | ||
| MLPMAUI LD & PINEAPPLE INC | 92,087 | $1.56M | 0.5% | +44,647 | Timeline | ||
| KNSLKINSALE CAP GROUP INC | 2,500 | $978K | 0.31% | new | Timeline | ||
| VCELVERICEL CORP | 18,800 | $677K | 0.22% | -91,200 | Timeline |
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).
The largest 100 of 165. All 165
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| PLTRPALANTIR TECHNOLOGIES INC COM | put | 180,900 | $32.2M | +157,900 |
| BABOEING CO COM | put | 106,200 | $23.1M | -11,000 |
| BEBLOOM ENERGY CORP COM | put | 224,500 | $19.5M | -15,500 |
| IONQIONQ INC Stock | put | 421,000 | $18.9M | +72,500 |
| AFRMAFFIRM HLDGS INC Stock | put | 202,100 | $15M | -1,500 |
| SNOWSNOWFLAKE INC Stock | put | 52,400 | $11.5M | +42,600 |
| RIVNRIVIAN AUTOMOTIVE INC Stock | put | 550,000 | $10.8M | +51,000 |
| ASTSAST SPACEMOBILE INC Stock | put | 134,000 | $9.73M | +33,300 |
| UNHUNITEDHEALTH GROUP INC COM | put | 28,000 | $9.24M | -11,900 |
| MRNAMODERNA INC COM | put | 247,000 | $7.28M | -13,600 |
| UUNITY SOFTWARE INC Stock | put | 163,300 | $7.21M | -20,200 |
| TEVATEVA PHARMACEUTICAL INDS LTD ADR | put | 226,700 | $7.08M | -21,300 |
| VSATVIASAT INC COM | put | 203,200 | $7M | -24,300 |
| LMNDLEMONADE INC STOK | put | 95,700 | $6.81M | -39,000 |
| ALKALASKA AIR GROUP INC Stock | put | 128,000 | $6.44M | +50,000 |
| WBDWARNER BROS DISCOVERY INC Stock | put | 221,000 | $6.37M | -47,500 |
| PACSPACS GROUP INC COM SHS | put | 165,000 | $6.33M | -81,000 |
| STLASTELLANTIS N.V Stock | put | 556,000 | $6.05M | +132,000 |
| KSSKOHLS CORP COM | put | 283,000 | $5.78M | -167,500 |
| GMGENERAL MTRS CO Stock | put | 71,000 | $5.77M | -2,500 |
| COHRCOHERENT CORP Stock | put | 29,300 | $5.41M | -5,300 |
| AIC3 AI INC CL A | put | 397,000 | $5.35M | -16,000 |
| NNNEXTNAV INC COMMON STOCK | put | 317,000 | $5.27M | -8,000 |
| CRWVCOREWEAVE INC COM | put | 72,500 | $5.19M | +13,000 |
| OWLBLUE OWL CAPITAL INC Stock | put | 328,000 | $4.9M | +263,000 |
| RGTIRIGETTI COMPUTING INC Stock | put | 220,000 | $4.87M | +39,000 |
| CALYCALLAWAY GOLF CO COM | put | 377,000 | $4.4M | -94,000 |
| QSQUANTUMSCAPE CORP Stock | put | 418,000 | $4.36M | -44,000 |
| TEMTEMPUS AI INC Stock | put | 69,500 | $4.1M | +26,000 |
| SOFISOFI TECHNOLOGIES INC Stock | put | 153,300 | $4.01M | -75,700 |
| MIND MEDICINE MINDMED INCMIND MEDICINE MINDMED INC COM NEW | put | 296,200 | $3.97M | +28,700 |
| NCLHNORWEGIAN CRUISE LINE HLDGS Stock | put | 169,400 | $3.78M | -8,600 |
| EXASEXACT SCIENCES CORP Stock | put | 36,500 | $3.71M | -13,500 |
| ATKRATKORE INC COMMON STOCK | call | 55,800 | $3.53M | +24,800 |
| JOBYJOBY AVIATION INC COMMON STOCK | put | 266,000 | $3.51M | -8,000 |
| BKDBROOKDALE SR LIVING INC COM | put | 303,100 | $3.27M | -13,900 |
| CRNCCERENCE INC Stock | put | 304,000 | $3.25M | +57,000 |
| SMRNUSCALE PWR CORP Stock | put | 225,500 | $3.2M | +33,000 |
| NTRANATERA INC Stock | put | 13,900 | $3.18M | +3,100 |
| BKSYBLACKSKY TECHNOLOGY INC COMMON STOCK | put | 161,000 | $3.02M | +25,000 |
| VNETVNET GROUP INC SPONSORED ADS A | put | 355,000 | $3M | +135,000 |
| CZRCAESARS ENTERTAINMENT INC NE COM | put | 126,000 | $2.95M | new |
| NVDANVIDIA CORPORATION COM | put | 15,600 | $2.91M | +4,500 |
| CVNACARVANA CO Stock | put | 6,800 | $2.87M | +2,400 |
| APLDAPPLIED DIGITAL CORP Stock | put | 113,500 | $2.78M | -19,500 |
| SKYTSKYWATER TECHNOLOGY INC Stock | put | 153,000 | $2.78M | +9,000 |
| SGSWEETGREEN INC COM CL A | put | 399,900 | $2.7M | -17,000 |
| XIFRXPLR INFRASTRUCTURE LP COM UNIT PART IN | put | 266,000 | $2.66M | -64,000 |
| SBGISINCLAIR INC Stock | call | 171,000 | $2.62M | -93,000 |
| JBLUJETBLUE AIRWAYS CORP COM | put | 574,000 | $2.61M | +279,000 |
| CPRICAPRI HOLDINGS LIMITED SHS | put | 102,000 | $2.49M | -56,000 |
| TSMTAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS | put | 8,000 | $2.43M | 0 |
| CNKCINEMARK HLDGS INC Stock | put | 98,000 | $2.28M | -17,000 |
| AMRZAMRIZE LTD Stock | call | 41,000 | $2.22M | new |
| MKTXMARKETAXESS HLDGS INC COM | call | 12,200 | $2.21M | +3,200 |
| CCOICOGENT COMM HOLDINGS INC COM NEW | put | 97,900 | $2.11M | +5,900 |
| FSLYFASTLY INC CL A | put | 206,000 | $2.1M | -153,000 |
| HIMSHIMS & HERS HEALTH INC COM CL A | put | 64,500 | $2.09M | -59,000 |
| HOGHARLEY DAVIDSON INC Stock | put | 102,000 | $2.09M | -48,500 |
| FCELFUELCELL ENERGY INC COMMON STOCK | put | 285,000 | $2.08M | -14,000 |
| CROXCROCS INC Stock | call | 24,000 | $2.05M | new |
| FFORD MTR CO Stock | put | 154,900 | $2.03M | -14,600 |
| MOSMOSAIC CO Stock | call | 82,000 | $1.98M | -13,000 |
| REALTHE REALREAL INC COM | put | 125,000 | $1.97M | -83,000 |
| JEFJEFFERIES FINANCIAL GROUP IN COM | put | 31,700 | $1.96M | new |
| WENWENDYS CO Stock | put | 230,000 | $1.92M | -9,000 |
| SLGSL GREEN RLTY CORP REIT | put | 41,200 | $1.89M | +7,500 |
| ACHRARCHER AVIATION INC COM CL A | put | 250,000 | $1.88M | new |
| JACKJACK IN THE BOX INC COM | put | 97,000 | $1.84M | -117,500 |
| NNENANO NUCLEAR ENERGY INC COM | put | 73,500 | $1.76M | +42,500 |
| SNAPSNAP INC CL A | put | 213,500 | $1.72M | +30,500 |
| MPTMEDICAL PROPERTIES TRUST INC REIT | put | 341,500 | $1.71M | +127,300 |
| SOUNSOUNDHOUND AI INC Stock | put | 167,500 | $1.67M | +80,000 |
| ELLAUDER ESTEE COS INC Stock | call | 15,800 | $1.65M | -17,700 |
| ARQQARQIT QUANTUM INC Stock | put | 75,000 | $1.64M | +59,000 |
| AALAMERICAN AIRLINES GROUP INC Stock | put | 104,500 | $1.6M | -116,000 |
| ALGNALIGN TECHNOLOGY INC Stock | call | 9,900 | $1.55M | new |
| PKPARK HOTELS & RESORTS INC REIT | put | 144,000 | $1.51M | +19,000 |
| TDOCTELADOC HEALTH INC COM | put | 214,000 | $1.5M | -135,000 |
| BXPBXP INC REIT | put | 21,800 | $1.47M | -13,400 |
| QUBTQUANTUM COMPUTING INC COM | put | 140,000 | $1.44M | -15,500 |
| EVLVEVOLV TECHNOLOGIES HLDNGS IN COM CL A | put | 196,900 | $1.41M | -64,100 |
| RUNSUNRUN INC COM | put | 75,700 | $1.39M | -50,300 |
| BHCBAUSCH HEALTH COS INC Stock | put | 198,500 | $1.38M | -71,500 |
| MARAMARA HOLDINGS INC Stock | put | 147,000 | $1.32M | +63,000 |
| JMIAJUMIA TECHNOLOGIES AG ADR | put | 105,500 | $1.32M | +42,000 |
| PFEPFIZER INC COM | put | 52,500 | $1.31M | -75,000 |
| ASPIASP ISOTOPES INC COM | put | 244,000 | $1.31M | +92,000 |
| DOCNDIGITALOCEAN HLDGS INC Stock | put | 27,000 | $1.3M | -44,500 |
| ONDSONDAS INC COM NEW | put | 131,000 | $1.28M | new |
| CHPTCHARGEPOINT HOLDINGS INC Equity | put | 184,000 | $1.22M | +100,000 |
| EVGOEVGO INC CL A COM | put | 417,500 | $1.21M | +139,000 |
| FUNSIX FLAGS ENTERTAINMENT CORP Stock | put | 77,000 | $1.18M | new |
| ULCCFRONTIER GROUP HLDGS INC Stock | put | 250,000 | $1.18M | -193,000 |
| ASANASANA INC CL A | put | 82,500 | $1.13M | -19,000 |
| TCXTUCOWS INC COM NEW | put | 50,300 | $1.13M | -35,700 |
| AAPADVANCE AUTO PARTS INC COM | put | 28,500 | $1.12M | +14,000 |
| BBAIBIGBEAR AI HLDGS INC Stock | put | 205,000 | $1.11M | +48,000 |
| COURCOURSERA INC Stock | call | 146,000 | $1.07M | new |
| AREALEXANDRIA REAL ESTATE EQ IN REIT | call | 21,900 | $1.07M | 0 |
Sold out in Q4 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| RGLDROYAL GOLD INC | 22,616 | $4.54M | shares |
| BURBURFORD CAPITAL LIMITED | 361,346 | $4.32M | shares |
| PROPROS Holdings Inc | 111,000 | $2.54M | put |
| RHRH | 11,000 | $2.23M | put |
| MAINMAIN STR CAP CORP | 22,000 | $1.4M | put |
| RBLXROBLOX CORP | 10,000 | $1.39M | put |
| XMTRXOMETRY INC | 25,000 | $1.36M | put |
| FICOFAIR ISAAC CORP | 600 | $898K | put |
| JBGSJBG SMITH PPTYS | 40,100 | $892K | put |
| CPNGCOUPANG INC | 22,500 | $724K | call |
| 89BIO INC89BIO INC | 42,000 | $617K | put |
| LYFTLYFT INC | 26,000 | $572K | put |
| FNDFLOOR & DECOR HLDGS INC | 7,600 | $560K | put |
| BRKRBRUKER CORP | 16,000 | $520K | call |
| HPPHUDSON PAC PPTYS INC | 185,000 | $511K | put |
| SLVISHARES SILVER TR | 12,000 | $508K | call |
| MAGXROUNDHILL ETF TRUST | 8,600 | $485K | put |
| CHTRCHARTER COMMUNICATIONS INC | 1,600 | $440K | put |
| FIGSFIGS INC | 65,000 | $435K | call |
| LAMRLAMAR ADVERTISING CO | 3,500 | $428K | call |
| LQDALIQUIDIA CORPORATION | 18,000 | $409K | put |
| CIOCITY OFFICE REIT INC | 50,000 | $348K | put |
| AGIALAMOS GOLD INC | 7,000 | $244K | call |
| LOMALOMA NEGRA C I A S A MTN 14 | 26,000 | $192K | call |
| SERVSERVE ROBOTICS INC | 15,000 | $174K | put |
| FFWMFIRST FNDTN INC | 26,000 | $145K | put |
| BYNDBEYOND MEAT INC | 70,000 | $132K | put |
| LAZRQLUMINAR TECHNOLOGIES INC. COM | 44,000 | $84K | put |
| NFENEW FORTRESS ENERGY INC | 20,000 | $44.2K | put |
How Q4 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 0001816427-26-000003 | base | 2026-02-17 | acceptance time not in the bulk data set |