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Pale Fire Capital SE

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13F filer, CIK 1922318, Prague, Czech Republic

Pale Fire Capital SE reported $1,489,907,358 across 60 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-13. Its ten largest share positions make up 88.16% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000921895-26-000378

Period
2025-12-31
Reported value
$1.49B
Holdings
60
Top 10 weight
88.16%
New
25
Sold out
19

Part of the filer group Pale Fire Capital

How groups are built

Stakes and trades reported after 2025-12-31

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
BAXnew+2,074,016$39.6M
ZDadded+808,127$28.4M
TDOCnew+1,944,203$13.6M
DOLEadded+784,699$11.8M
ANGIadded+784,441$10.1M

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
IAGexited-3,930,998-$50.8M
BTGreduced-10,704,306-$48.3M
NGDexited-6,211,037-$44.6M
TEVAexited-1,689,811-$34.1M
CGAUreduced-1,744,656-$25.1M

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 0000921895-26-000378, largest first. % of portfolio is the value over $775,795,114, 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; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,181,070 shares; 2024Q4: 10,181,070 shares; 2025Q1: 10,181,070 shares; 2025Q2: 10,181,070 shares; 2025Q3: 10,181,070 shares; 2025Q4: 10,181,070 shares 10,181,070$179M23.11%0Timeline
BTGB2GOLD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,186,079 shares; 2024Q4: 52,419,026 shares; 2025Q1: 64,838,409 shares; 2025Q2: 65,760,909 shares; 2025Q3: 50,015,909 shares; 2025Q4: 39,311,603 shares 39,311,603$177M22.85%-10,704,306Timeline
DOLEDOLE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,547,483 shares; 2024Q4: 6,198,640 shares; 2025Q1: 6,269,939 shares; 2025Q2: 6,174,540 shares; 2025Q3: 8,588,077 shares; 2025Q4: 9,372,776 shares 9,372,776$140M18.11%+784,699Timeline
ZDZIFF DAVIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 249,325 shares; 2025Q2: 342,885 shares; 2025Q3: 401,825 shares; 2025Q4: 1,209,952 shares 1,209,952$42.5M5.48%+808,127Timeline
BAXBAXTER INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 2,074,016 shares 2,074,016$39.6M5.11%newTimeline
IAUXI-80 GOLD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,889,569 shares; 2024Q4: 10,179,770 shares; 2025Q1: 16,981,095 shares; 2025Q2: 21,263,656 shares; 2025Q3: 22,518,159 shares; 2025Q4: 20,668,315 shares 20,668,315$30.2M3.89%-1,849,844Timeline
ANGIANGI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 452,381 shares; 2025Q2: 1,292,517 shares; 2025Q3: 1,368,478 shares; 2025Q4: 2,152,919 shares 2,152,919$27.8M3.59%+784,441Timeline
GAUGALIANO GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 3,596,097 shares; 2025Q2: 6,011,627 shares; 2025Q3: 6,655,735 shares; 2025Q4: 7,914,409 shares 7,914,409$20M2.58%+1,258,674Timeline
TDOCTELADOC HEALTH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,047,323 shares; 2024Q4: 111,452 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,944,203 shares 1,944,203$13.6M1.75%newTimeline
LQDALIQUIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 85,700 shares; 2025Q3: 240,721 shares; 2025Q4: 379,392 shares 379,392$13.1M1.69%+138,671Timeline
CGAUCENTERRA GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,216,410 shares; 2024Q4: 2,272,798 shares; 2025Q1: 3,467,298 shares; 2025Q2: 3,467,298 shares; 2025Q3: 2,335,878 shares; 2025Q4: 591,222 shares 591,222$8.5M1.1%-1,744,656Timeline
CARSCARS COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 661,501 shares 661,501$8.07M1.04%newTimeline
RGNXREGENXBIO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 11,721 shares; 2025Q1: 25,846 shares; 2025Q2: 27,846 shares; 2025Q3: 255,601 shares; 2025Q4: 499,526 shares 499,526$7.19M0.93%+243,925Timeline
GUTSFRACTYL HEALTH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 3,209,942 shares 3,209,942$7.06M0.91%newTimeline
TENTSAKOS ENERGY NAVIGATION LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 504,398 shares; 2024Q4: 479,288 shares; 2025Q1: 353,057 shares; 2025Q2: 360,433 shares; 2025Q3: 340,619 shares; 2025Q4: 295,909 shares 295,909$6.63M0.86%-44,710Timeline
GERNGERON CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,281,754 shares; 2025Q4: 4,788,594 shares 4,788,594$6.32M0.81%+2,506,840Timeline
SNDXSYNDAX PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 284,460 shares 284,460$5.98M0.77%newTimeline
TECXTECTONIC THERAPEUTIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 259,726 shares; 2025Q4: 261,026 shares 261,026$5.45M0.7%+1,300Timeline
DAWNDAY ONE BIOPHARMACEUTICALS IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 16,006 shares; 2025Q1: 31,693 shares; 2025Q2: 34,843 shares; 2025Q3: 302,467 shares; 2025Q4: 544,063 shares 544,063$5.07M0.65%+241,596Timeline
KURAKURA ONCOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 20,100 shares; 2025Q3: 607,790 shares; 2025Q4: 452,245 shares 452,245$4.7M0.61%-155,545Timeline
PPLIPEOPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 96,507 shares 96,507$3.77M0.49%newTimeline
DERMJOURNEY MED CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 27,274 shares; 2025Q2: 32,458 shares; 2025Q3: 228,567 shares; 2025Q4: 444,642 shares 444,642$3.43M0.44%+216,075Timeline
WIXWIX COM LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 31,000 shares 31,000$3.22M0.42%newTimeline
CMRCCOMMERCE.COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 298,631 shares; 2025Q4: 748,925 shares 748,925$3.09M0.4%+450,294Timeline
HRTXHERON THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 471,190 shares; 2025Q4: 1,469,655 shares 1,469,655$1.91M0.25%+998,465Timeline
SGMTSAGIMET BIOSCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 18,310 shares; 2025Q1: 10,989 shares; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 221,875 shares 221,875$1.31M0.17%newTimeline
HELPCYBIN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 60,912 shares; 2025Q1: 112,805 shares; 2025Q2: 112,805 shares; 2025Q3: 153,505 shares; 2025Q4: 153,505 shares 153,505$1.26M0.16%0Timeline
ABEOABEONA THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 174,705 shares 174,705$921K0.12%newTimeline
AGROADECOAGRO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 84,637 shares; 2025Q3: 84,637 shares; 2025Q4: 84,637 shares 84,637$671K0.09%0Timeline
XFORX4 PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 60,051 shares; 2025Q3: 180,851 shares; 2025Q4: 167,590 shares 167,590$670K0.09%-13,261Timeline
LFCRLIFECORE BIOMEDICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 30,686 shares; 2025Q3: 64,620 shares; 2025Q4: 71,040 shares 71,040$581K0.07%+6,420Timeline
HROWHARROW INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 8,133 shares; 2025Q2: 8,683 shares; 2025Q3: 8,093 shares; 2025Q4: 11,785 shares 11,785$577K0.07%+3,692Timeline
PESIPERMA-FIX ENVIRONMENTAL SVCSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 10,080 shares; 2025Q2: 25,689 shares; 2025Q3: 45,270 shares; 2025Q4: 43,220 shares 43,220$544K0.07%-2,050Timeline
DCTHDELCATH SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 40,085 shares 40,085$405K0.05%newTimeline
MLYSMINERALYS THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 136,897 shares; 2024Q4: 136,897 shares; 2025Q1: 399,498 shares; 2025Q2: 446,626 shares; 2025Q3: 532,407 shares; 2025Q4: 10,354 shares 10,354$376K0.05%-522,053Timeline
CRTOCRITEO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 18,097 shares 18,097$373K0.05%newTimeline
AGIOAGIOS PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 11,850 shares 11,850$323K0.04%newTimeline
ONITONITY GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 6,833 shares 6,833$313K0.04%newTimeline
PTHSPELTHOS THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 8,100 shares 8,100$251K0.03%newTimeline
RAREULTRAGENYX PHARMACEUTICAL INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 5,600 shares; 2025Q3: not reported; 2025Q4: 10,211 shares 10,211$235K0.03%newTimeline
LXEOLEXEO THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 16,100 shares; 2025Q1: 18,900 shares; 2025Q2: 27,650 shares; 2025Q3: 33,650 shares; 2025Q4: 22,302 shares 22,302$221K0.03%-11,348Timeline
ENGNENGENE HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 14,710 shares; 2025Q1: 17,254 shares; 2025Q2: 17,254 shares; 2025Q3: 17,254 shares; 2025Q4: 24,004 shares 24,004$217K0.03%+6,750Timeline
RLMDRELMADA THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 44,550 shares 44,550$215K0.03%newTimeline
VZLAVIZSLA SILVER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 30,900 shares; 2025Q2: 38,800 shares; 2025Q3: 30,728 shares; 2025Q4: 38,201 shares 38,201$209K0.03%+7,473Timeline
TARSTARSUS PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 7,075 shares; 2025Q4: 2,452 shares 2,452$201K0.03%-4,623Timeline
CGEMCULLINAN THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 14,615 shares; 2025Q4: 19,318 shares 19,318$200K0.03%+4,703Timeline
ANNXANNEXON INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 38,600 shares 38,600$194K0.02%newTimeline
ATAIBECKLEY INCATAIBECKLEY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 37,384 shares; 2024Q4: 497,402 shares; 2025Q1: 2,592,584 shares; 2025Q2: 2,640,384 shares; 2025Q3: 1,080,768 shares; 2025Q4: 45,811 shares 45,811$187K0.02%-1,034,957
LRMRLARIMAR THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 32,309 shares; 2024Q4: 32,309 shares; 2025Q1: 37,518 shares; 2025Q2: 37,518 shares; 2025Q3: 45,218 shares; 2025Q4: 45,218 shares 45,218$172K0.02%0Timeline
IMTXIMMATICS N.VQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,462 shares; 2024Q4: 31,462 shares; 2025Q1: 34,270 shares; 2025Q2: 34,270 shares; 2025Q3: 34,270 shares; 2025Q4: 16,272 shares 16,272$171K0.02%-17,998Timeline
PALIPALISADE BIO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 70,710 shares 70,710$166K0.02%newTimeline
CRBPCORBUS PHARMACEUTICALS HLDGSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 18,650 shares 18,650$152K0.02%newTimeline
NVCRNOVOCURE LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 10,723 shares 10,723$139K0.02%newTimeline
NEWPNEW PAC METALS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 33,530 shares; 2024Q4: 42,130 shares; 2025Q1: 73,430 shares; 2025Q2: 67,630 shares; 2025Q3: 25,978 shares; 2025Q4: 28,477 shares 28,477$100K0.01%+2,499Timeline
RZLTREZOLUTE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,289 shares; 2024Q4: 43,187 shares; 2025Q1: 47,122 shares; 2025Q2: 49,122 shares; 2025Q3: 41,922 shares; 2025Q4: 33,519 shares 33,519$79.1K0.01%-8,403Timeline

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
COINCOINBASE GLOBAL INC Stockput1,271,800$288Mnew
TSLATESLA INC COMput520,000$234Mnew
HOODROBINHOOD MKTS INC COMput1,656,000$187Mnew
OEFISHARES TR S&P 100 ETFput19,600$3.31Mnew
NVDANVIDIA CORPORATION COMput11,000$2.05Mnew

Sold out in Q4 2025

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

SecurityShares beforeValue beforeType
IAGIAMGOLD CORP3,930,998$50.8Mshares
NGDNEW GOLD INC6,211,037$44.6Mshares
TEVATEVA PHARMACEUTICAL INDS LTD1,689,811$34.1Mshares
NUVBNUVATION BIO INC1,444,647$5.35Mshares
INSWINTERNATIONAL SEAWAYS INC76,059$3.5Mshares
SSTKSHUTTERSTOCK INC154,278$3.22Mshares
CRBUCARIBOU BIOSCIENCES INC775,055$1.81Mshares
ADVERUM BIOTECHNOLOGIES INCADVERUM BIOTECHNOLOGIES INC363,282$1.65Mshares
SPDR INDEX SHS FDSSPDR INDEX SHS FDS10,000$621Kput
NVIDIA CORPORATIONNVIDIA CORPORATION3,000$560Kput
QDELQUIDELORTHO CORP18,209$536Kshares
AQSTAQUESTIVE THERAPEUTICS INC93,132$521Kshares
89BIO INC89BIO INC26,903$395Kshares
ARWRARROWHEAD PHARMACEUTICALS IN10,123$349Kshares
MITTTPG MTG INVTS TR INC30,728$222Kshares
MUXMCEWEN INC.12,695$217Kshares
BHVNBIOHAVEN LTD10,344$155Kshares
AKBAAKEBIA THREAPEUTICS INC50,210$137Kshares
ODVOSISKO DEVELOPMENT CORP21,133$71.6Kshares

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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000921895-26-000378 base2026-02-13acceptance time not in the bulk data set