Q4 2025 · 13F-HR
Spruce Point Capital Management, LLCholdings as filed
Filed 2026-02-17 · accession 0001214659-26-001831
$48.1M
Reported value
15
Positions
2025-12-31
Period end
The Brief · Spruce Point Capital Management, LLC · Q4 2025
AI · grounded in 13F
Spruce Point Capital Management, LLC established a new position in QQQ with an investment of $8.6M. The fund also opened new positions in REMX for $5.9M and EWA for $5.0M. Additionally, the manager accumulated shares of SPY, increasing its position by 487.5%. The fund closed its position in SCHD, reducing exposure by $1,456.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $8.7M | 18.2% | 12,800 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $8.6M | 17.9% | 14,000 | Common | SOLE |
| 92189H805 | REMX | VANECK ETF TRUST | $5.9M | 12.4% | 80,480 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $4.1M | 8.51% | 6,000 | PUT | SOLE |
| 464289180 | EUFN | ISHARES TR | $4.0M | 8.28% | 107,400 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $3.0M | 6.14% | 12,000 | Common | SOLE |
| 464286103 | EWA | ISHARES INC | $2.6M | 5.45% | 100,000 | CALL | SOLE |
| 464286103 | EWA | ISHARES INC | $2.4M | 5.00% | 91,901 | Common | SOLE |
| 464287549 | IGM | ISHARES TR | $2.0M | 4.08% | 15,200 | Common | SOLE |
| 464287515 | IGV | ISHARES TR | $1.8M | 3.74% | 17,000 | Common | SOLE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $1.7M | 3.55% | 22,000 | Common | SOLE |
| 37954Y871 | URA | GLOBAL X FDS | $1.4M | 2.92% | 32,879 | Common | SOLE |
| 85208P303 | URNM | SPROTT FDS TR | $823,350 | 1.71% | 15,000 | Common | SOLE |
| 464287192 | IYT | ISHARES TR | $633,335 | 1.32% | 8,500 | Common | SOLE |
| 33738R704 | AIRR | FIRST TR EXCHANGE TRADED FD | $427,397 | 0.89% | 4,347 | 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.