Q2 2025 · 13F-HR
Fore Capital, LLCholdings as filed
Filed 2025-08-11 · accession 0001714672-25-000003
$280.7M
Reported value
38
Positions
2025-06-30
Period end
The Brief · Fore Capital, LLC · Q2 2025
AI · grounded in 13F
Fore Capital, LLC established a new position in SLV valued at $85.1M. The fund also initiated new stakes in SPY for $61.8M and GLD for $45.7M. Additional new positions include IBIT at $17.8M and IAU at $13M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46428Q109 | SLV | ISHARES SILVER TR | $85.1M | 30.3% | 2,595,000 | CALL | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $61.8M | 22.0% | 100,000 | PUT | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $45.7M | 16.3% | 150,000 | PUT | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $17.8M | 6.32% | 290,000 | CALL | SOLE |
| 464285204 | IAU | ISHARES GOLD TR | $13.0M | 4.62% | 208,000 | Common | SOLE |
| 464288513 | HYG | ISHARES TR | $8.1M | 2.87% | 100,000 | PUT | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $7.5M | 2.69% | 145,000 | PUT | SOLE |
| 29786AAN6 | ETSY 0.25 06/15/28 | ETSY INC | $6.0M | 2.15% | 7,000,000 | Common | SOLE |
| 98980AAB1 | ZTO 1.5 09/01/27 | ZTO EXPRESS CAYMAN INC | $5.0M | 1.78% | 5,000,000 | Common | SOLE |
| 53680QAA6 | LARCN 1.75 01/15/27 | LITHIUM ARGENTINA AG | $3.3M | 1.18% | 4,060,000 | Common | SOLE |
| 85208R101 | CEF | SPROTT PHYSICAL GOLD & SILVE | $3.3M | 1.18% | 110,000 | Common | SOLE |
| 678026AK1 | OIS 4.75 04/01/26 | OIL STS INTL INC | $3.0M | 1.07% | 3,000,000 | Common | SOLE |
| 40131MAB5 | GH 0 11/15/27 | GUARDANT HEALTH INC | $2.7M | 0.97% | 3,000,000 | Common | SOLE |
| 753422AH7 | RPD 1.25 03/15/29 | RAPID7 INC | $2.7M | 0.95% | 3,000,000 | Common | SOLE |
| 500767306 | KWEB | KRANESHARES TRUST | $2.4M | 0.86% | 70,000 | Common | SOLE |
| 687793109 | OSCR | OSCAR HEALTH INC | $2.0M | 0.73% | 95,000 | CALL | SOLE |
| 464286400 | EWZ | ISHARES INC | $2.0M | 0.72% | 70,000 | CALL | SOLE |
| G97822103 | PRGO | PERRIGO CO PLC | $1.1M | 0.40% | 41,500 | Common | SOLE |
| 464286400 | EWZ | ISHARES INC | $1.0M | 0.36% | 35,000 | Common | SOLE |
| 66987E206 | NG | NOVAGOLD RES INC | $858,900 | 0.31% | 210,000 | Common | SOLE |
| 090043AD2 | BILL 0 04/01/27 | BILL HOLDINGS INC | $687,131 | 0.24% | 752,000 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $573,000 | 0.20% | 50,000 | Common | SOLE |
| 92859G608 | VZLA | VIZSLA SILVER CORP | $514,500 | 0.18% | 175,000 | Common | SOLE |
| 714266103 | PPTA | PERPETUA RESOURCES CORP | $509,880 | 0.18% | 42,000 | Common | SOLE |
| 74017N105 | PGEN | PRECIGEN INC | $485,372 | 0.17% | 341,811 | Common | SOLE |
| 18453H106 | CCO | CLEAR CHANNEL OUTDOOR HLDGS | $479,700 | 0.17% | 410,000 | Common | SOLE |
| 384313508 | EAFEUR | GRAFTECH INTL LTD | $447,396 | 0.16% | 460,000 | Common | SOLE |
| 36118L106 | FUTU | FUTU HLDGS LTD | $432,565 | 0.15% | 3,500 | Common | SOLE |
| 16935C109 | CHYM | CHIME FINL INC | $379,610 | 0.14% | 11,000 | Common | SOLE |
| 60255C885 | BRD1EUR | MIND MEDICINE MINDMED INC | $356,950 | 0.13% | 55,000 | CALL | SOLE |
| 88557W101 | QFIN | QIFU TECHNOLOGY INC | $303,520 | 0.11% | 7,000 | Common | SOLE |
| 398438408 | GRFS | GRIFOLS S A | $271,200 | 0.10% | 30,000 | Common | SOLE |
| 23256X407 | HELP | CYBIN INC | $263,622 | 0.09% | 31,421 | Common | SOLE |
| 60255C885 | BRD1EUR | MIND MEDICINE MINDMED INC | $227,150 | 0.08% | 35,000 | Common | SOLE |
| 697660207 | PAM | PAMPA ENERGIA S A | $208,140 | 0.07% | 3,000 | Common | SOLE |
| 20451W101 | CMPS | COMPASS PATHWAYS PLC | $56,000 | 0.02% | 20,000 | Common | SOLE |
| 68828E809 | ODV | OSISKO DEVELOPMENT CORP | $32,100 | 0.01% | 15,000 | Common | SOLE |
| 68828E239 | ODVWZ | OSISKO DEVELOPMENT CORP | $8,400 | 0.00% | 15,000 | 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.