Q4 2025 · 13F-HR
Beartown Capital Management, LLCholdings as filed
Filed 2026-02-18 · accession 0001398344-26-003321
$138.4M
Reported value
43
Positions
2025-12-31
Period end
The Brief · Beartown Capital Management, LLC · Q4 2025
AI · grounded in 13F
Beartown Capital Management, LLC established a new position in WULF valued at $27.58M. The fund also initiated new stakes in SATS for $16.31M and CORZ for $14.56M. Additional new positions included NBIS at $12.97M and HUT at $11.94M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 88080T104 | WULF | TERAWULF INC | $23.0M | 16.6% | 2,000,000 | Common | SOLE |
| 278768106 | SATS | ECHOSTAR CORP | $16.3M | 11.8% | 150,000 | Common | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $11.9M | 8.63% | 260,000 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $11.6M | 8.42% | 800,000 | Common | SOLE |
| N97284108 | NBIS | NEBIUS GROUP N.V. | $11.3M | 8.17% | 135,000 | Common | SOLE |
| 415864107 | NVRI | ENVIRI CORP | $7.6M | 5.47% | 422,441 | Common | SOLE |
| 20337X109 | VISN | COMMSCOPE HLDG CO INC | $7.3M | 5.24% | 400,000 | Common | SOLE |
| 88080T104 | WULF | TERAWULF INC | $4.6M | 3.32% | 400,000 | CALL | SOLE |
| 733245104 | PRCH | PORCH GROUP INC | $4.1M | 2.97% | 450,000 | Common | SOLE |
| 03676C100 | ATEX | ANTERIX INC | $3.2M | 2.29% | 145,000 | Common | SOLE |
| 879433829 | TDS | TELEPHONE & DATA SYS INC | $3.1M | 2.22% | 75,000 | Common | SOLE |
| 81619Q105 | SEM | SELECT MED HLDGS CORP | $3.0M | 2.15% | 200,000 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $2.9M | 2.10% | 200,000 | CALL | SOLE |
| 489398107 | KW | KENNEDY-WILSON HOLDINGS INC | $2.9M | 2.10% | 300,000 | Common | SOLE |
| 29280W109 | NRGV | ENERGY VAULT HOLDINGS INC | $2.8M | 2.00% | 600,000 | Common | SOLE |
| 15746L100 | CBNA | CHAIN BRIDGE BANCORP INC | $2.6M | 1.90% | 75,794 | Common | SOLE |
| 74275G107 | PRTH | PRIORITY TECHNOLOGY HLDGS IN | $2.2M | 1.58% | 400,000 | Common | SOLE |
| 31946M103 | FCNCA | FIRST CTZNS BANCSHARES INC D | $2.1M | 1.55% | 1,000 | Common | SOLE |
| 156431108 | CENX | CENTURY ALUM CO | $2.0M | 1.42% | 50,000 | Common | SOLE |
| N97284108 | NBIS | NEBIUS GROUP N.V. | $1.7M | 1.21% | 20,000 | CALL | SOLE |
| Y48125101 | KNOP | KNOT OFFSHORE PARTNERS LP | $1.6M | 1.18% | 157,082 | Common | SOLE |
| 205826209 | CMTL | COMTECH TELECOMMUNICATIONS C | $1.3M | 0.96% | 251,881 | Common | SOLE |
| Y48125101 | KNOP | KNOT OFFSHORE PARTNERS LP | $1.3M | 0.94% | 125,900 | CALL | SOLE |
| 05603E208 | BVFL | BV FINL INC | $1.1M | 0.79% | 60,616 | Common | SOLE |
| 87427V103 | TALK | TALKSPACE INC | $1.1M | 0.79% | 300,000 | Common | SOLE |
| 20564W204 | SCOR | COMSCORE INC | $820,346 | 0.59% | 126,207 | Common | SOLE |
| 00832E103 | AFBI | AFFINITY BANCSHARES INC | $622,616 | 0.45% | 30,416 | Common | SOLE |
| 855919106 | STRZ | STARZ ENTERTAINMENT CORP. | $585,000 | 0.42% | 50,000 | Common | SOLE |
| G9503X103 | WALD | WALDENCAST PLC | $564,000 | 0.41% | 300,000 | Common | SOLE |
| 33938T104 | FSI | FLEXIBLE SOLUTIONS INTL INC | $502,721 | 0.36% | 74,754 | Common | SOLE |
| 92971A109 | MAPS | WM TECHNOLOGY INC | $469,385 | 0.34% | 568,883 | Common | SOLE |
| 36164V800 | GLIBK | GCI LIBERTY INC | $372,100 | 0.27% | 10,000 | Common | SOLE |
| 896215209 | TRS | TRIMAS CORP | $354,500 | 0.26% | 10,000 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $321,959 | 0.23% | 1,026 | Common | SOLE |
| 98262P200 | WW | WW INTL INC | $292,150 | 0.21% | 10,000 | Common | SOLE |
| 359523107 | FTEK | FUEL TECH INC | $249,642 | 0.18% | 160,027 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $236,821 | 0.17% | 1,026 | Common | SOLE |
| B9151N105 | TTAM | TITAN AMER SA | $164,800 | 0.12% | 10,000 | Common | SOLE |
| 532746104 | LMNR | LIMONEIRA CO | $162,762 | 0.12% | 12,892 | Common | SOLE |
| 307675108 | FB1 | FARMER BROS CO | $78,853 | 0.06% | 54,009 | Common | SOLE |
| 35471R106 | FSP | FRANKLIN STR PPTYS CORP | $18,791 | 0.01% | 19,868 | Common | SOLE |
| 156492100 | CNTY | CENTURY CASINOS INC | $13,300 | 0.01% | 10,000 | Common | SOLE |
| 051774115 | AUROW | AURORA INNOVATION INC | $6,800 | 0.00% | 30,209 | 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.