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CRCM LP

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13F filer, CIK 1483234, SAN FRANCISCO, CA

CRCM LP reported $345,669,809 across 10 holdings for the quarter ended 2025-09-30, in a 13F-HR/A filed 2025-11-14.

Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0000898432-25-000902

Period
2025-09-30
Reported value
$346M
Holdings
10
Top 10 weight
100%
New
3
Sold out
2

Largest buys vs the previous quarter

SecurityShares changeApprox. value
IBITadded+605,992$39.4M
HHHadded+253,490$20.8M
IAUadded+112,440$8.18M
AIFCnew+2,312,177$6.22M
PCAPnew+306,519$3.15M

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
GRALreduced-1,802,204-$107M
CRMLexited-2,039,358-$7.3M
PROCAP ACQUISITION CORPexited-68,284-$732K

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, Q3 2025

Share positions as resolved from 13F-HR/A 0000898432-25-000902, largest first. % of portfolio is the value over $345,669,809, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
IBITISHARES BITCOIN TRUST ETFQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,486,955 shares; 2024Q4: 3,012,125 shares; 2025Q1: 3,154,810 shares; 2025Q2: 1,608,082 shares; 2025Q3: 2,214,074 shares 2,214,074$144M41.63%+605,992Timeline
GRALGRAIL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,496,026 shares; 2024Q4: 3,644,855 shares; 2025Q1: 3,644,855 shares; 2025Q2: 3,644,855 shares; 2025Q3: 1,842,651 shares 1,842,651$109M31.52%-1,802,204Timeline
HHHHOWARD HUGHES HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 307,223 shares; 2025Q3: 560,713 shares 560,713$46.1M13.33%+253,490Timeline
IAUISHARES GOLD TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,445 shares; 2024Q4: 8,495 shares; 2025Q1: 5,965 shares; 2025Q2: 280,240 shares; 2025Q3: 392,680 shares 392,680$28.6M8.27%+112,440Timeline
AIFCAI FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,312,177 shares 2,312,177$6.22M1.8%newTimeline
PCAPPROCAP ACQUISITION CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 306,519 shares 306,519$3.15M0.91%newTimeline
USBCUSBC INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,972,471 shares 1,972,471$2.64M0.76%newTimeline
PLBYPLAYBOY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 3,074,400 shares; 2025Q1: 1,662,752 shares; 2025Q2: 706,620 shares; 2025Q3: 1,451,156 shares 1,451,156$2.13M0.62%+744,536Timeline
STRKSTRATEGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 15,748 shares; 2025Q2: 22,784 shares; 2025Q3: 22,784 shares 22,784$2.09M0.6%0Timeline
BNRBURNING ROCK BIOTECH LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 325,969 shares; 2025Q1: 226,290 shares; 2025Q2: 194,766 shares; 2025Q3: 221,575 shares 221,575$1.92M0.55%+26,809Timeline

Sold out in Q3 2025

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

SecurityShares beforeValue beforeType
CRMLCRITICAL METALS CORP2,039,358$7.3Mshares
PROCAP ACQUISITION CORPPROCAP ACQUISITION CORP68,284$732Kshares

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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000898432-25-000884 superseded2025-11-12acceptance time not in the bulk data set
13F-HR/A 0000898432-25-000902 baserestatement2025-11-14acceptance time not in the bulk data set