Q4 2025 · 13F-HR
Edenbrook Capital, LLCholdings as filed
Filed 2026-02-13 · accession 0000919574-26-000926
$536.3M
Reported value
15
Positions
2025-12-31
Period end
The Brief · Edenbrook Capital, LLC · Q4 2025
AI · grounded in 13F
Edenbrook Capital, LLC closed its position in XLY for a reduction of $35.9M. The fund also exited positions in XLP and KRE, while trimming its holding in HYG by 68%. On the buy side, the fund established new positions in LQD for $11M and TLT for $8.7M, and increased its stake in MGNI by 103.19%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 358010106 | FEIM | FREQUENCY ELECTRS INC | $100.9M | 18.8% | 1,873,810 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $96.8M | 18.0% | 157,500 | PUT | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $68.2M | 12.7% | 100,000 | PUT | SOLE |
| M25133105 | CGNT | COGNYTE SOFTWARE LTD | $65.3M | 12.2% | 6,951,671 | Common | SOLE |
| 55955D100 | MGNI | MAGNITE INC | $45.2M | 8.44% | 2,788,036 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $38.4M | 7.16% | 156,000 | PUT | SOLE |
| 464288513 | HYG | ISHARES TR | $32.3M | 6.01% | 400,000 | PUT | SOLE |
| 55955D100 | MGNI | MAGNITE INC | $24.3M | 4.54% | 1,500,000 | CALL | SOLE |
| 56624R108 | MCHX | MARCHEX INC | $24.3M | 4.54% | 14,664,380 | Common | SOLE |
| 00214Q104 | ARKK | ARK ETF TR | $11.5M | 2.15% | 150,000 | PUT | SOLE |
| 464287242 | LQD | ISHARES TR | $11.0M | 2.05% | 100,000 | PUT | SOLE |
| 464287432 | TLT | ISHARES TR | $8.7M | 1.63% | 100,000 | CALL | SOLE |
| M25133105 | CGNT | COGNYTE SOFTWARE LTD | $5.7M | 1.06% | 605,000 | CALL | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $2.5M | 0.46% | 50,000 | PUT | SOLE |
| 37253A103 | THRM | GENTHERM INC | $1.1M | 0.20% | 29,012 | 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.