Q3 2025 · 13F-HR
Rangeley Capital, LLCholdings as filed
Filed 2025-11-14 · accession 0000919574-25-006964
$115.6M
Reported value
127
Positions
2025-09-30
Period end
The Brief · Rangeley Capital, LLC · Q3 2025
AI · grounded in 13F
Rangeley Capital, LLC closed its position in Sage Therapeutics Inc SG7, reducing exposure by $6.66M. The fund established new positions in IWM for $4.84M and YEXT for $4.64M. Other activity included a new $3.3M stake in Berto Acquisition Corp and an 11.66% increase in shares of WideOpenWest Inc WOW.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 24665A103 | DK | DELEK US HLDGS INC NEW | $6.6M | 5.75% | 206,000 | Common | SOLE |
| 131428104 | CLMT | CALUMET INC | $6.0M | 5.23% | 331,000 | Common | SOLE |
| 04335A105 | ARVN | ARVINAS INC | $5.9M | 5.13% | 695,400 | Common | SOLE |
| G72800108 | PRTA | PROTHENA CORP PLC | $5.5M | 4.73% | 560,457 | Common | SOLE |
| 96758W101 | WOW | WIDEOPENWEST INC | $4.9M | 4.23% | 948,000 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $4.8M | 4.19% | 20,000 | PUT | SOLE |
| 98585N106 | YEXT | YEXT INC | $4.6M | 4.02% | 545,000 | Common | SOLE |
| 492327101 | KROS | KEROS THERAPEUTICS INC | $4.1M | 3.54% | 258,619 | Common | SOLE |
| 03879J100 | ABUS | ARBUTUS BIOPHARMA CORP | $3.8M | 3.30% | 840,000 | Common | SOLE |
| 812215200 | SEG | SEAPORT ENTMT GROUP INC | $3.5M | 3.05% | 154,000 | Common | SOLE |
| G1051H101 | TACO | BERTO ACQUISITION CORP | $3.3M | 2.85% | 317,050 | Common | SOLE |
| 359678109 | FLL | FULL HSE RESORTS INC | $2.9M | 2.47% | 891,010 | Common | SOLE |
| 86881A100 | SGRY | SURGERY PARTNERS INC | $2.7M | 2.32% | 124,000 | Common | SOLE |
| 16119P108 | CHTR | CHARTER COMMUNICATIONS INC N | $2.5M | 2.14% | 9,000 | CALL | SOLE |
| 21874A114 | CORZW | CORE SCIENTIFIC INC NEW | $2.4M | 2.11% | 136,200 | Common | SOLE |
| 127537207 | CDZI | CADIZ INC | $2.4M | 2.11% | 516,000 | Common | SOLE |
| 64110Y108 | NLOP | NET LEASE OFFICE PROPERTIES | $2.1M | 1.80% | 70,000 | Common | SOLE |
| 278768106 | SATS | ECHOSTAR CORP | $1.8M | 1.52% | 23,000 | Common | SOLE |
| 81734D104 | SEPN | SEPTERNA INC | $1.7M | 1.43% | 88,000 | Common | SOLE |
| 85512G106 | STHO | STAR HLDGS | $1.5M | 1.26% | 177,000 | Common | SOLE |
| 63900P608 | NRP | NATURAL RESOURCE PARTNERS L | $1.3M | 1.10% | 12,100 | Common | SOLE |
| 53635D202 | LQDA | LIQUIDIA CORPORATION | $1.2M | 1.00% | 51,000 | Common | SOLE |
| 19239V302 | CCOI | COGENT COMMUNICATIONS HLDGS | $1.1M | 0.99% | 29,700 | Common | SOLE |
| 760273102 | RPTX | REPARE THERAPEUTICS INC | $1.1M | 0.98% | 645,876 | Common | SOLE |
| 126633205 | UAN | CVR PARTNERS LP | $1.1M | 0.97% | 12,496 | Common | SOLE |
| 50127T109 | KURA | KURA ONCOLOGY INC | $1.1M | 0.92% | 120,000 | Common | SOLE |
| 371927104 | GEL | GENESIS ENERGY L P | $1.0M | 0.90% | 62,000 | Common | SOLE |
| G4R103107 | — | GSR III ACQUISITION CORP | $1.0M | 0.90% | 100,000 | Common | SOLE |
| 09225M101 | BSM | BLACK STONE MINERALS L P | $1.0M | 0.89% | 78,173 | Common | SOLE |
| 088786108 | BCYC | BICYCLE THERAPEUTICS PLC | $1.0M | 0.87% | 130,000 | Common | SOLE |
| 676118201 | OMEX | ODYSSEY MARINE EXPL INC | $934,982 | 0.81% | 479,478 | Common | SOLE |
| G9R39C103 | WENN | WEN ACQUISITION CORP | $851,902 | 0.74% | 84,180 | Common | SOLE |
| 83193E102 | EM | SMART SH GLOBAL LTD | $845,100 | 0.73% | 626,000 | Common | SOLE |
| G2296A109 | CCCMUSD | COLUMBUS CIRCLE CAP CORP. I | $839,960 | 0.73% | 83,000 | Common | SOLE |
| 61225M102 | GLUE | MONTE ROSA THERAPEUTICS INC | $837,330 | 0.72% | 113,000 | Common | SOLE |
| 586001109 | 75Z | SOHO HOUSE & CO INC | $824,820 | 0.71% | 93,200 | Common | SOLE |
| G81354105 | SBXD | SILVERBOX CORP IV | $806,473 | 0.70% | 77,027 | Common | SOLE |
| 282559103 | ETNBGBP | 89BIO INC | $793,800 | 0.69% | 54,000 | Common | SOLE |
| 10922N103 | BHF | BRIGHTHOUSE FINL INC | $759,044 | 0.66% | 14,300 | CALL | SOLE |
| 78574H104 | SOC | SABLE OFFSHORE CORP | $733,320 | 0.63% | 42,000 | Common | SOLE |
| 34986A104 | FWRD | FORWARD AIR CORP | $702,536 | 0.61% | 27,400 | Common | SOLE |
| 52634L108 | LNSR | LENSAR INC | $679,250 | 0.59% | 55,000 | Common | SOLE |
| G17977110 | BUR | BURFORD CAP LTD | $657,800 | 0.57% | 55,000 | Common | SOLE |
| G63365103 | MURA | MURAL ONCOLOGY PUB LTD CO | $631,350 | 0.55% | 305,000 | Common | SOLE |
| 43283X105 | HGV | HILTON GRAND VACATIONS INC | $627,150 | 0.54% | 15,000 | Common | SOLE |
| 632347100 | NATH | NATHANS FAMOUS INC NEW | $599,103 | 0.52% | 5,410 | Common | SOLE |
| 78501P203 | SWKH | SWK HLDGS CORP | $596,550 | 0.52% | 41,000 | Common | SOLE |
| 16119P108 | CHTR | CHARTER COMMUNICATIONS INC N | $550,210 | 0.48% | 2,000 | Common | SOLE |
| 23292B104 | HEPS | D MARKET ELECTR SVCS & TRADI | $538,000 | 0.47% | 200,000 | Common | SOLE |
| 810648105 | SCPH | SCPHARMACEUTICALS INC | $531,545 | 0.46% | 93,747 | Common | SOLE |
| 10922N103 | BHF | BRIGHTHOUSE FINL INC | $522,838 | 0.45% | 9,850 | Common | SOLE |
| 34986A104 | FWRD | FORWARD AIR CORP | $515,364 | 0.45% | 20,100 | CALL | SOLE |
| 00370M103 | ABVX | ABIVAX SA | $509,400 | 0.44% | 6,000 | Common | SOLE |
| G7257A105 | PCAP | PROCAP ACQUISITION CORP | $485,812 | 0.42% | 47,304 | Common | SOLE |
| G7633M104 | DRDB | ROMAN DBDR ACQUISITION CORP | $445,781 | 0.39% | 43,200 | Common | SOLE |
| 609786108 | J7J | MONOGRAM TECHNOLOGIES INC | $440,250 | 0.38% | 75,000 | Common | SOLE |
| N97284108 | NBIS | NEBIUS GROUP N.V. | $437,853 | 0.38% | 3,900 | Common | SOLE |
| 68277Q105 | OKUR | ONKURE THERAPEUTICS INC | $427,598 | 0.37% | 155,490 | Common | SOLE |
| 88337F105 | ODP1 | THE ODP CORP | $427,135 | 0.37% | 15,337 | Common | SOLE |
| 36472T109 | TDAY | GANNETT CO INC | $413,000 | 0.36% | 100,000 | Common | SOLE |
| G3933N108 | GTERU | GLOBA TERRA ACQUISITION COR | $410,746 | 0.36% | 40,388 | Common | SOLE |
| G6717R104 | OACC | OAKTREE ACQUISITION CORP III | $397,562 | 0.34% | 37,827 | Common | SOLE |
| G63212107 | MBAV | M3BRIGADE ACQUISITION V CORP | $382,058 | 0.33% | 36,214 | Common | SOLE |
| 35104E100 | FDMT | 4D MOLECULAR THERAPEUTICS IN | $370,759 | 0.32% | 42,665 | Common | SOLE |
| G61188127 | LBTYK | LIBERTY GLOBAL LTD | $352,500 | 0.31% | 30,000 | Common | SOLE |
| G21301109 | CCIX | CHURCHILL CAPITAL CORP IX | $348,208 | 0.30% | 33,226 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $345,300 | 0.30% | 1,000 | Common | SOLE |
| 487836108 | K | KELLANOVA | $328,080 | 0.28% | 4,000 | Common | SOLE |
| G3415K101 | FERA | FIFTH ERA ACQUISITION CORP I | $315,168 | 0.27% | 30,990 | Common | SOLE |
| G6301B101 | MLAC | MOUNTAIN LAKE ACQUISITION CO | $309,000 | 0.27% | 30,000 | Common | SOLE |
| 98262P200 | WW | WW INTL INC | $300,960 | 0.26% | 11,000 | Common | SOLE |
| 868873100 | SU6 | SURMODICS INC | $298,900 | 0.26% | 10,000 | Common | SOLE |
| G4863A108 | BRSL | BRIGHTSTAR LOTTERY PLC | $293,250 | 0.25% | 17,000 | Common | SOLE |
| 640268306 | NKTR | NEKTAR THERAPEUTICS | $278,526 | 0.24% | 4,895 | Common | SOLE |
| 852312305 | STAA | STAAR SURGICAL CO | $268,700 | 0.23% | 10,000 | Common | SOLE |
| G2616F127 | BCARU | D. BORAL ARC ACQ I CORP. | $267,900 | 0.23% | 26,790 | Common | SOLE |
| G31249108 | ESTA | ESTABLISHMENT LABS HLDGS INC | $266,394 | 0.23% | 6,499 | Common | SOLE |
| 59267L107 | — | METSERA INC | $261,650 | 0.23% | 5,000 | Common | SOLE |
| G1827K107 | CEPO | CANTOR EQUITY PARTNERS I INC | $261,500 | 0.23% | 25,000 | Common | SOLE |
| 10806X102 | BBIO | BRIDGEBIO PHARMA INC | $259,700 | 0.22% | 5,000 | CALL | SOLE |
| N51517105 | 4PKB | LAVA THERAPEUTICS NV | $257,400 | 0.22% | 165,000 | Common | SOLE |
| G6791A126 | OTGAU | OTG ACQUISITION CORP. I | $251,750 | 0.22% | 25,000 | Common | SOLE |
| G2584S135 | KOYNU | CSLM DIGITA ASSET ACQ CORP I | $238,360 | 0.21% | 23,600 | Common | SOLE |
| 04683R106 | AVIR | ATEA PHARMACEUTICALS INC | $232,000 | 0.20% | 80,000 | Common | SOLE |
| G7117W123 | PACHU | PIONEER ACQUISITION I CORP | $222,678 | 0.19% | 22,157 | Common | SOLE |
| G70077105 | PCSC | PERCEPTIVE CAP SOLUTIONS COR | $220,819 | 0.19% | 20,832 | Common | SOLE |
| 30329Y304 | — | FG NEXUS INC. | $219,600 | 0.19% | 40,000 | Common | SOLE |
| G7515A103 | RDAG | REPUBLIC DIGITAL ACQUISITION | $204,200 | 0.18% | 20,000 | Common | SOLE |
| 87901J105 | TGNA | TEGNA INC | $203,300 | 0.18% | 10,000 | Common | SOLE |
| 713317105 | PEPG | PEPGEN INC | $203,280 | 0.18% | 44,000 | Common | SOLE |
| G1051H127 | TACOU | BERTO ACQUISITION CORP | $202,419 | 0.18% | 18,900 | Common | SOLE |
| G4569C127 | HVMCU | HIGHVIEW MERGER CORP | $202,400 | 0.18% | 20,000 | Common | SOLE |
| 285512109 | EA | ELECTRONIC ARTS INC | $201,700 | 0.17% | 1,000 | CALL | SOLE |
| 88822Q103 | TIPT | TIPTREE INC | $191,700 | 0.17% | 10,000 | Common | SOLE |
| 878972108 | TECX | TECTONIC THERAPEUTIC INC | $188,280 | 0.16% | 12,000 | Common | SOLE |
| 89621C105 | TMQ | TRILOGY METALS INC NEW | $182,700 | 0.16% | 87,000 | Common | SOLE |
| G3037D121 | — | EMMIS ACQUISITION CORP. | $180,798 | 0.16% | 18,107 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $179,400 | 0.16% | 10,000 | Common | SOLE |
| G8316B100 | SPKL | SPARK I ACQUISITION CORP | $164,832 | 0.14% | 14,173 | Common | SOLE |
| 55083R203 | LYEL | LYELL IMMUNOPHARMA INC | $162,400 | 0.14% | 10,000 | Common | SOLE |
| 46005L101 | IMXI | INTERNATIONAL MNY EXPRESS IN | $139,700 | 0.12% | 10,000 | Common | SOLE |
| 30334J102 | FGMC | FG MERGER II CORP | $135,194 | 0.12% | 13,531 | Common | SOLE |
| G27907107 | DOLE | DOLE PLC | $134,400 | 0.12% | 10,000 | Common | SOLE |
| 47089W104 | AIFC | ALT5 SIGMA CORP | $129,927 | 0.11% | 48,300 | Common | SOLE |
| G4365E103 | HCMA | HCM III ACQUISITION CORP | $126,688 | 0.11% | 12,530 | Common | SOLE |
| 82981J851 | SITC | SITE CTRS CORP | $126,140 | 0.11% | 14,000 | Common | SOLE |
| 45175G207 | IMA | IMAGENEBIO INC | $122,250 | 0.11% | 15,000 | Common | SOLE |
| 03748R747 | AIV | APARTMENT INVT & MGMT CO | $118,950 | 0.10% | 15,000 | Common | SOLE |
| G98659108 | MCGAU | YORKVILLE ACQUISITION CORP. | $110,500 | 0.10% | 10,000 | Common | SOLE |
| 61559X104 | MLTX | MOONLAKE IMMUNOTHERAPEUTICS | $107,550 | 0.09% | 15,000 | Common | SOLE |
| G1051H119 | TACOW | BERTO ACQUISITION CORP | $104,000 | 0.09% | 10,000 | Common | SOLE |
| 729139105 | PLRX | PLIANT THERAPEUTICS INC | $89,126 | 0.08% | 60,220 | Common | SOLE |
| 037326105 | ANTX | AN2 THERAPEUTICS INC | $82,550 | 0.07% | 65,000 | Common | SOLE |
| G1144A105 | BTBT | BIT DIGITAL INC | $68,850 | 0.06% | 22,950 | Common | SOLE |
| 69353Y103 | PMVP | PMV PHARMACEUTICALS INC | $63,700 | 0.06% | 45,500 | Common | SOLE |
| 007002108 | TORCEUR | ADICET BIO INC | $60,765 | 0.05% | 75,000 | Common | SOLE |
| 84833T103 | SPRO | SPERO THERAPEUTICS INC | $56,400 | 0.05% | 30,000 | Common | SOLE |
| 03212B103 | AMPY | AMPLIFY ENERGY CORP NEW | $52,500 | 0.05% | 10,000 | Common | SOLE |
| 556099109 | MGNX | MACROGENICS INC | $50,770 | 0.04% | 30,220 | Common | SOLE |
| 034569103 | ANEB | ANEBULO PHARMACEUTICALS INC | $50,000 | 0.04% | 20,000 | Common | SOLE |
| 76029N106 | REPL | REPLIMUNE GROUP INC | $43,576 | 0.04% | 10,400 | Common | SOLE |
| 81578P106 | SEER | SEER INC | $43,400 | 0.04% | 20,000 | Common | SOLE |
| 75120L100 | — | RALLYBIO CORP | $41,420 | 0.04% | 83,007 | Common | SOLE |
| 12674W109 | CABA | CABALETTA BIO INC | $26,442 | 0.02% | 11,300 | Common | SOLE |
| 68236V302 | — | ETHZILLA CORPORATION | $24,100 | 0.02% | 10,000 | Common | SOLE |
| 603380205 | NERV | MINERVA NEUROSCIENCES INC | $21,050 | 0.02% | 10,000 | Common | SOLE |
| 92941V308 | VYNE | VYNE THERAPEUTICS INC | $16,750 | 0.01% | 50,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.