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Pale Fire Capital SE

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13F filer, CIK 1922318, Prague, Czech Republic

Pale Fire Capital SE reported $974,590,161 across 60 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-13. Its ten largest share positions make up 86.75% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000921895-25-002194

Period
2025-06-30
Reported value
$975M
Holdings
60
Top 10 weight
86.75%
New
14
Sold out
16

Part of the filer group Pale Fire Capital

How groups are built

Stakes and trades reported after 2025-06-30

13D, 13G and Form 4 filings by this filer's group, dated after the 13F period, on securities the quarter does not hold as shares.

  • COUR COURSERA INC: 13G/A 28,806,415 shares, 10.9% of the class, 13G/A filed 2026-09-29, 0000921895-26-002675Timeline
    Accepted , ingested
  • LSPD LIGHTSPEED COMMERCE INC: 13G 6,654,851 shares, 5.1% of the class, 13G filed 2026-10-01, 0000921895-26-002694Timeline
    Accepted , ingested

Largest buys vs the previous quarter

SecurityShares changeApprox. value
TEVAnew+1,050,649$17.6M
SPPPnew+1,172,523$13.8M
MTCHnew+416,533$12.9M
ANGIadded+840,136$12.8M
IAGnew+1,321,068$9.71M

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
BARRICK GOLD CORPexited-7,498,976-$146M
CDEreduced-3,776,844-$33.5M
NGDreduced-816,874-$4.04M
UBERexited-30,000-$2.19M
CIMreduced-99,912-$1.39M

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, Q2 2025

Share positions as resolved from 13F-HR 0000921895-25-002194, largest first. % of portfolio is the value over $958,317,191, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
GRPNGROUPON INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,181,070 shares; 2024Q4: 10,181,070 shares; 2025Q1: 10,181,070 shares; 2025Q2: 10,181,070 shares 10,181,070$341M35.54%0Timeline
BTGB2GOLD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,186,079 shares; 2024Q4: 52,419,026 shares; 2025Q1: 64,838,409 shares; 2025Q2: 65,760,909 shares 65,760,909$237M24.77%+922,500Timeline
DOLEDOLE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,547,483 shares; 2024Q4: 6,198,640 shares; 2025Q1: 6,269,939 shares; 2025Q2: 6,174,540 shares 6,174,540$86.4M9.01%-95,399Timeline
HLHECLA MINING COMPANYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 7,438,818 shares; 2025Q2: 7,438,818 shares 7,438,818$44.6M4.65%0Timeline
NGDNEW GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 6,447,352 shares; 2025Q2: 5,630,478 shares 5,630,478$27.9M2.91%-816,874Timeline
CGAUCENTERRA GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,216,410 shares; 2024Q4: 2,272,798 shares; 2025Q1: 3,467,298 shares; 2025Q2: 3,467,298 shares 3,467,298$25M2.61%0Timeline
ANGIANGI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 452,381 shares; 2025Q2: 1,292,517 shares 1,292,517$19.7M2.06%+840,136Timeline
PAASPAN AMERN SILVER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 649,493 shares; 2025Q2: 649,493 shares 649,493$18.4M1.92%0Timeline
TEVATEVA PHARMACEUTICAL INDS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,050,649 shares 1,050,649$17.6M1.84%newTimeline
SPPPSPROTT ASSET MANAGEMENT LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,172,523 shares 1,172,523$13.8M1.44%newTimeline
MTCHMATCH GROUP INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 416,533 shares 416,533$12.9M1.34%newTimeline
IAUXI-80 GOLD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,889,569 shares; 2024Q4: 10,179,770 shares; 2025Q1: 16,981,095 shares; 2025Q2: 21,263,656 shares 21,263,656$12.7M1.33%+4,282,561Timeline
ZDZIFF DAVIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 249,325 shares; 2025Q2: 342,885 shares 342,885$10.4M1.08%+93,560Timeline
CDECOEUR MNG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 4,922,866 shares; 2025Q2: 1,146,022 shares 1,146,022$10.2M1.06%-3,776,844Timeline
INSWINTERNATIONAL SEAWAYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 754,415 shares; 2024Q4: 517,264 shares; 2025Q1: 276,626 shares; 2025Q2: 269,133 shares 269,133$9.82M1.02%-7,493Timeline
IAGIAMGOLD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,321,068 shares 1,321,068$9.71M1.01%newTimeline
GAUGALIANO GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 3,596,097 shares; 2025Q2: 6,011,627 shares 6,011,627$7.63M0.8%+2,415,530Timeline
QUREUNIQURE NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 336,468 shares; 2024Q4: 580,708 shares; 2025Q1: 462,359 shares; 2025Q2: 529,798 shares 529,798$7.39M0.77%+67,439Timeline
TENTSAKOS ENERGY NAVIGATION LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 504,398 shares; 2024Q4: 479,288 shares; 2025Q1: 353,057 shares; 2025Q2: 360,433 shares 360,433$6.92M0.72%+7,376Timeline
MLYSMINERALYS THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 136,897 shares; 2024Q4: 136,897 shares; 2025Q1: 399,498 shares; 2025Q2: 446,626 shares 446,626$6.04M0.63%+47,128Timeline
ATAIBECKLEY INCATAIBECKLEY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 37,384 shares; 2024Q4: 497,402 shares; 2025Q1: 2,592,584 shares; 2025Q2: 2,640,384 shares 2,640,384$5.78M0.6%+47,800
AQSTAQUESTIVE THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,000 shares; 2024Q4: 525,756 shares; 2025Q1: 1,335,684 shares; 2025Q2: 1,676,451 shares 1,676,451$5.55M0.58%+340,767Timeline
OCULOCULAR THERAPEUTIX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 438,200 shares; 2024Q4: 444,813 shares; 2025Q1: 439,387 shares; 2025Q2: 530,135 shares 530,135$4.92M0.51%+90,748Timeline
SSTKSHUTTERSTOCK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 95,810 shares; 2024Q4: 127,151 shares; 2025Q1: 80,218 shares; 2025Q2: 154,278 shares 154,278$2.93M0.31%+74,060Timeline
BURBURFORD CAPITAL LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 128,054 shares 128,054$1.83M0.19%newTimeline
CIMCHIMERA INVT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 339,473 shares; 2024Q4: 149,191 shares; 2025Q1: 207,620 shares; 2025Q2: 107,708 shares 107,708$1.49M0.16%-99,912Timeline
LQDALIQUIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 85,700 shares 85,700$1.07M0.11%newTimeline
CRBUCARIBOU BIOSCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 734,904 shares; 2024Q4: 734,204 shares; 2025Q1: 786,722 shares; 2025Q2: 775,055 shares 775,055$977K0.1%-11,667Timeline
HELPCYBIN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 60,912 shares; 2025Q1: 112,805 shares; 2025Q2: 112,805 shares 112,805$946K0.1%0Timeline
QIPTQUIPT HOME MED CORP COM (CAN)Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 246,496 shares; 2025Q2: 460,303 shares 460,303$824K0.09%+213,807Timeline
AGROADECOAGRO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 84,637 shares 84,637$774K0.08%newTimeline
ADVERUM BIOTECHNOLOGIES INCADVERUM BIOTECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 308,371 shares; 2024Q4: 315,154 shares; 2025Q1: 368,267 shares; 2025Q2: 358,724 shares 358,724$771K0.08%-9,543
TALOTALOS ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 103,236 shares; 2025Q2: 87,994 shares 87,994$746K0.08%-15,242Timeline
MITTTPG MTG INVTS TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 133,271 shares; 2024Q4: 51,202 shares; 2025Q1: 51,202 shares; 2025Q2: 51,202 shares 51,202$387K0.04%0Timeline
PESIPERMA-FIX ENVIRONMENTAL SVCSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 10,080 shares; 2025Q2: 25,689 shares 25,689$270K0.03%+15,609Timeline
HROWHARROW INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 8,133 shares; 2025Q2: 8,683 shares 8,683$265K0.03%+550Timeline
89BIO INC89BIO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 30,439 shares; 2025Q1: 24,778 shares; 2025Q2: 26,578 shares 26,578$261K0.03%+1,800
LFCRLIFECORE BIOMEDICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 30,686 shares 30,686$249K0.03%newTimeline
DERMJOURNEY MED CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 27,274 shares; 2025Q2: 32,458 shares 32,458$233K0.02%+5,184Timeline
RGNXREGENXBIO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 11,721 shares; 2025Q1: 25,846 shares; 2025Q2: 27,846 shares 27,846$229K0.02%+2,000Timeline
DAWNDAY ONE BIOPHARMACEUTICALS IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 16,006 shares; 2025Q1: 31,693 shares; 2025Q2: 34,843 shares 34,843$226K0.02%+3,150Timeline
RZLTREZOLUTE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,289 shares; 2024Q4: 43,187 shares; 2025Q1: 47,122 shares; 2025Q2: 49,122 shares 49,122$219K0.02%+2,000Timeline
SCPHARMACEUTICALS INCSCPHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 57,128 shares 57,128$218K0.02%new
ARWRARROWHEAD PHARMACEUTICALS INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 12,221 shares; 2025Q2: 13,571 shares 13,571$214K0.02%+1,350Timeline
CELCCELCUITY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,458 shares; 2024Q4: 17,458 shares; 2025Q1: 17,640 shares; 2025Q2: 15,940 shares 15,940$213K0.02%-1,700Timeline
NENOBLE CORP PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 8,000 shares 8,000$212K0.02%newTimeline
RAREULTRAGENYX PHARMACEUTICAL INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 5,600 shares 5,600$204K0.02%newTimeline
NUVBNUVATION BIO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 39,000 shares; 2025Q1: 45,642 shares; 2025Q2: 95,642 shares 95,642$187K0.02%+50,000Timeline
IMTXIMMATICS N.VQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,462 shares; 2024Q4: 31,462 shares; 2025Q1: 34,270 shares; 2025Q2: 34,270 shares 34,270$184K0.02%0Timeline
MUXMCEWEN INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 12,350 shares 12,350$119K0.01%newTimeline
KURAKURA ONCOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 20,100 shares 20,100$116K0.01%newTimeline
XFORX4 PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 60,051 shares 60,051$114K0.01%newTimeline
VZLAVIZSLA SILVER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 30,900 shares; 2025Q2: 38,800 shares 38,800$114K0.01%+7,900Timeline
LXEOLEXEO THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 16,100 shares; 2025Q1: 18,900 shares; 2025Q2: 27,650 shares 27,650$111K0.01%+8,750Timeline
LRMRLARIMAR THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 32,309 shares; 2024Q4: 32,309 shares; 2025Q1: 37,518 shares; 2025Q2: 37,518 shares 37,518$108K0.01%0Timeline
ODVOSISKO DEVELOPMENT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,291 shares; 2024Q4: 28,491 shares; 2025Q1: 65,265 shares; 2025Q2: 49,065 shares 49,065$105K0.01%-16,200Timeline
NEWPNEW PAC METALS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 33,530 shares; 2024Q4: 42,130 shares; 2025Q1: 73,430 shares; 2025Q2: 67,630 shares 67,630$90.6K0.01%-5,800Timeline
ASPIASP ISOTOPES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 11,700 shares; 2025Q1: 10,700 shares; 2025Q2: 10,300 shares 10,300$75.8K0.01%-400Timeline
ENGNENGENE HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 14,710 shares; 2025Q1: 17,254 shares; 2025Q2: 17,254 shares 17,254$62.8K0.01%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
NVIDIA CORPORATIONNVIDIA CORPORATION PUTput103,000$16.3M0

Sold out in Q2 2025

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

SecurityShares beforeValue beforeType
BARRICK GOLD CORPBARRICK GOLD CORP7,498,976$146Mshares
UBERUBER TECHNOLOGIES INC30,000$2.19Mshares
NMMNAVIOS MARITIME PARTNERS LP34,011$1.33Mshares
X4 Pharmaceuticals, Inc.X4 Pharmaceuticals, Inc.2,035,362$481Kshares
INOZYME PHARMA INCINOZYME PHARMA INC440,807$401Kshares
TFPMTRIPLE FLAG PRECIOUS METAL14,520$278Kshares
URGNUROGEN PHARMA LTD20,893$231Kshares
ADAMADAMAS TRUST INC.27,301$177Kshares
VERVE THERAPEUTICS INCVERVE THERAPEUTICS INC34,500$158Kshares
IOVAIOVANCE BIOTHERAPEUTICS INC42,897$143Kshares
CLFCLEVELAND-CLIFFS INC NEW10,000$82.2Kshares
COURCOURSERA INC10,000$66.6Kshares
TCRXTSCAN THERAPEUTICS INC47,734$65.9Kshares
BMBLBUMBLE INC10,000$43.4Kshares
SGMTSAGIMET BIOSCIENCES INC10,989$35.8Kshares
CREATIVE MEDIA & CMNTY TRCREATIVE MEDIA & CMNTY TR39,680$9.95Kshares

How Q2 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 0000921895-25-002194 base2025-08-13acceptance time not in the bulk data set