Q3 2025 · 13F-HR
Murchinson Ltd.holdings as filed
Filed 2025-11-14 · accession 0001838556-25-000011
$788.2M
Reported value
96
Positions
2025-09-30
Period end
The Brief · Murchinson Ltd. · Q3 2025
AI · grounded in 13F
Murchinson Ltd. established a new position in TC Energy Corp TRP valued at $220.9M. The fund also initiated new stakes in Nutrien Ltd NTR for $122.6M and Wolfspeed Inc WOLF for $111.9M. Additional new positions include the SPDR S&P 500 ETF TR SPY and Royal Bk Cda RY.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 87807B107 | TRP | TC ENERGY CORP | $220.4M | 28.0% | 4,050,068 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $122.6M | 15.6% | 1,500,032 | Common | SOLE |
| 97785W106 | WOLF | WOLFSPEED INC | $109.7M | 13.9% | 3,834,800 | PUT | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $65.0M | 8.24% | 97,500 | Common | SOLE |
| 63008G203 | NNDM | NANO DIMENSION LTD | $24.4M | 3.10% | 15,550,000 | Common | SOLE |
| 780087102 | RY | ROYAL BK CDA | $22.3M | 2.82% | 151,100 | PUT | SOLE |
| 780087102 | RY | ROYAL BK CDA | $22.3M | 2.82% | 151,100 | CALL | SOLE |
| 62482R107 | 07WA | MR COOPER GROUP INC | $11.5M | 1.46% | 54,547 | Common | SOLE |
| G98659116 | MCGA | YORKVILLE ACQUISITION CORP. | $10.7M | 1.35% | 1,000,400 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $9.7M | 1.23% | 1,000,000 | Common | SOLE |
| 171126204 | PTHS | PELTHOS THERAPEUTICS INC | $7.8M | 0.99% | 280,000 | Common | SOLE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $7.2M | 0.91% | 50,000 | PUT | SOLE |
| 916896103 | UEC | URANIUM ENERGY CORP | $6.7M | 0.85% | 500,000 | CALL | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $6.4M | 0.81% | 37,800 | CALL | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $6.4M | 0.81% | 37,800 | PUT | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $5.8M | 0.74% | 300,000 | PUT | SOLE |
| 891160509 | TD | TORONTO DOMINION BK ONT | $5.7M | 0.72% | 71,000 | PUT | SOLE |
| 891160509 | TD | TORONTO DOMINION BK ONT | $5.7M | 0.72% | 71,000 | CALL | SOLE |
| 02156V109 | OKLO | OKLO INC | $5.6M | 0.71% | 50,000 | PUT | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $5.5M | 0.70% | 25,000 | CALL | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $5.3M | 0.68% | 56,500 | PUT | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $5.3M | 0.68% | 56,500 | CALL | SOLE |
| 458140100 | INTC | INTEL CORP | $5.0M | 0.64% | 150,000 | CALL | SOLE |
| Q4982L109 | IREN | IREN LIMITED | $4.7M | 0.60% | 100,000 | PUT | SOLE |
| 68403P203 | ORMP | ORAMED PHARMACEUTICALS INC | $4.6M | 0.59% | 1,751,559 | Common | SOLE |
| 76655K103 | RGTI | RIGETTI COMPUTING INC | $4.5M | 0.57% | 150,000 | PUT | SOLE |
| 063671101 | BMO | BANK MONTREAL QUE | $3.9M | 0.50% | 30,000 | CALL | SOLE |
| 063671101 | BMO | BANK MONTREAL QUE | $3.9M | 0.50% | 30,000 | PUT | SOLE |
| 04911A107 | AUB | ATLANTIC UN BANKSHARES CORP | $3.8M | 0.48% | 106,874 | Common | SOLE |
| 37940XAU6 | GPN 1.5 03/01/31 | GLOBAL PMTS INC | $3.7M | 0.46% | 4,000,000 | Common | SOLE |
| 349381103 | FIGR | FIGURE TECHNOLOGY SOLUTIO | $3.6M | 0.46% | 100,000 | CALL | SOLE |
| 87652V109 | TASK | TASKUS INC | $3.1M | 0.40% | 174,498 | Common | SOLE |
| 47100L301 | DFDV | DEFI DEVELOPMENT CORP | $3.1M | 0.39% | 200,000 | PUT | SOLE |
| 92347MAB6 | VERI 1.75 11/15/26 | VERITONE INC | $3.0M | 0.38% | 4,000,000 | Common | SOLE |
| 984245100 | YPF | YPF SOCIEDAD ANONIMA | $2.4M | 0.31% | 100,000 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $2.4M | 0.31% | 32,500 | PUT | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $2.4M | 0.31% | 32,500 | CALL | SOLE |
| 97785W106 | WOLF | WOLFSPEED INC | $2.2M | 0.28% | 77,414 | Common | SOLE |
| 08862EAB5 | BYND 0 03/15/27 | BEYOND MEAT INC | $2.2M | 0.28% | 11,000,000 | Common | SOLE |
| 36472T109 | TDAY | GANNETT CO INC | $2.1M | 0.26% | 500,000 | Common | SOLE |
| 08862E109 | BYND | BEYOND MEAT INC | $1.6M | 0.20% | 839,200 | PUT | SOLE |
| 868873100 | SU6 | SURMODICS INC | $1.6M | 0.20% | 52,981 | Common | SOLE |
| 453038408 | IMO | IMPERIAL OIL LTD | $1.6M | 0.20% | 17,300 | PUT | SOLE |
| 453038408 | IMO | IMPERIAL OIL LTD | $1.6M | 0.20% | 17,300 | CALL | SOLE |
| 848574109 | S9Q | SPIRIT AEROSYSTEMS HLDGS INC | $1.5M | 0.20% | 40,000 | Common | SOLE |
| 83304A106 | SNAP | SNAP INC | $1.5M | 0.20% | 200,000 | CALL | SOLE |
| 55287L101 | MBX | MBX BIOSCIENCES INC | $1.4M | 0.18% | 80,000 | Common | SOLE |
| 83193E102 | EM | SMART SH GLOBAL LTD | $1.4M | 0.17% | 1,000,000 | Common | SOLE |
| 450913108 | IAG | IAMGOLD CORP | $1.3M | 0.16% | 100,000 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $1.0M | 0.13% | 25,000 | CALL | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $1.0M | 0.13% | 25,000 | PUT | SOLE |
| 76131D103 | QSR | RESTAURANT BRANDS INTL INC | $1.0M | 0.13% | 15,900 | CALL | SOLE |
| 76131D103 | QSR | RESTAURANT BRANDS INTL INC | $1.0M | 0.13% | 15,900 | PUT | SOLE |
| 03879J100 | ABUS | ARBUTUS BIOPHARMA CORP | $1.0M | 0.13% | 222,900 | CALL | SOLE |
| G5331N101 | KYIV | KYIVSTAR GROUP LTD | $937,500 | 0.12% | 75,000 | PUT | SOLE |
| 03879J100 | ABUS | ARBUTUS BIOPHARMA CORP | $908,000 | 0.12% | 200,000 | Common | SOLE |
| 26142Q304 | DPRO | DRAGANFLY INC. | $881,000 | 0.11% | 100,000 | CALL | SOLE |
| 53681J103 | LAC | LITHIUM AMERS CORP NEW | $856,500 | 0.11% | 150,000 | CALL | SOLE |
| 668771116 | GENVR | GEN DIGITAL INC | $824,495 | 0.10% | 111,569 | Common | SOLE |
| 53815P108 | RAMP | LIVERAMP HLDGS INC | $814,200 | 0.10% | 30,000 | Common | SOLE |
| G5279N105 | KLAR | KLARNA GROUP PLC | $733,000 | 0.09% | 20,000 | Common | SOLE |
| 550241103 | LUMN | LUMEN TECHNOLOGIES INC | $723,384 | 0.09% | 118,200 | PUT | SOLE |
| M78673114 | PERI | PERION NETWORK LTD | $684,432 | 0.09% | 71,295 | Common | SOLE |
| 852312305 | STAA | STAAR SURGICAL CO | $671,750 | 0.09% | 25,000 | Common | SOLE |
| 007408206 | ADUR | ADURO CLEAN TECHNOLOGIES INC | $594,906 | 0.08% | 44,396 | Common | SOLE |
| 05534B760 | BCE | BCE INC | $584,750 | 0.07% | 25,000 | CALL | SOLE |
| 05534B760 | BCE | BCE INC | $584,750 | 0.07% | 25,000 | PUT | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $522,150 | 0.07% | 15,000 | Common | SOLE |
| 75629V104 | RXRX | RECURSION PHARMACEUTICALS IN | $488,000 | 0.06% | 100,000 | CALL | SOLE |
| 359523107 | FTEK | FUEL TECH INC | $450,000 | 0.06% | 150,000 | Common | SOLE |
| 68622E104 | BARK | BARK INC | $407,128 | 0.05% | 490,043 | Common | SOLE |
| 52886N406 | LEXX | LEXARIA BIOSCIENCE CORP | $399,743 | 0.05% | 419,590 | Common | SOLE |
| 42806J700 | HTZ | HERTZ GLOBAL HLDGS INC | $390,633 | 0.05% | 57,446 | Common | SOLE |
| 667340103 | NWBI | NORTHWEST BANCSHARES INC MD | $371,700 | 0.05% | 30,000 | Common | SOLE |
| 683712103 | OPEN | OPENDOOR TECHNOLOGIES INC | $334,740 | 0.04% | 42,000 | Common | SOLE |
| 848560306 | SPIR | SPIRE GLOBAL INC | $325,304 | 0.04% | 29,600 | CALL | SOLE |
| 83411A205 | STKE | SOL STRATEGIES INC | $293,760 | 0.04% | 67,701 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MANAGMT LTD | $284,700 | 0.04% | 5,000 | CALL | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MANAGMT LTD | $284,700 | 0.04% | 5,000 | PUT | SOLE |
| 848560306 | SPIR | SPIRE GLOBAL INC | $274,750 | 0.03% | 25,000 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $272,050 | 0.03% | 5,000 | CALL | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $272,050 | 0.03% | 5,000 | PUT | SOLE |
| 531229AP7 | SIRI 3.75 03/15/28 | LIBERTY MEDIA CORP DEL | $262,662 | 0.03% | 250,000 | Common | SOLE |
| 168905107 | PLCE | CHILDRENS PL INC NEW | $248,400 | 0.03% | 40,000 | Common | SOLE |
| 565759206 | MBBC | MARATHON BANCORP INC | $237,825 | 0.03% | 22,802 | Common | SOLE |
| 138035704 | CGC | CANOPY GROWTH CORP | $219,000 | 0.03% | 150,000 | Common | SOLE |
| 516806205 | 8LP1 | VITAL ENERGY INC | $204,369 | 0.03% | 12,100 | Common | SOLE |
| 38983D300 | — | RITHM PPTY TR INC | $181,158 | 0.02% | 71,888 | Common | SOLE |
| 293594107 | ENVX | ENOVIX CORPORATION | $129,610 | 0.02% | 13,000 | Common | SOLE |
| 410345102 | HN9 | HANESBRANDS INC | $105,440 | 0.01% | 16,000 | Common | SOLE |
| 05368X102 | AVDX | AVIDXCHANGE HOLDINGS INC | $100,495 | 0.01% | 10,100 | Common | SOLE |
| 71377E105 | PFMTUSD | PERFORMANT HEALTHCARE INC | $100,490 | 0.01% | 13,000 | Common | SOLE |
| 96758W101 | WOW | WIDEOPENWEST INC | $100,104 | 0.01% | 19,400 | Common | SOLE |
| 92719V100 | VMEO* | VIMEO INC | $99,975 | 0.01% | 12,900 | Common | SOLE |
| 644393100 | NFE | NEW FORTRESS ENERGY INC | $69,615 | 0.01% | 31,500 | PUT | SOLE |
| 07323B118 | BAYAR | BAYVIEW ACQUISITION CORP | $25,507 | 0.00% | 159,418 | 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.