Q4 2025 · 13F-HR
Murchinson Ltd.holdings as filed
Filed 2026-02-17 · accession 0001838556-26-000006
$621.5M
Reported value
75
Positions
2025-12-31
Period end
The Brief · Murchinson Ltd. · Q4 2025
AI · grounded in 13F
Murchinson Ltd. established a new position in SOBO worth $40.3M. The fund also opened new stakes in ORCL for $19.5M and SUNC for $15.7M. On the sell side, the fund closed its position in 07WA for a loss of $11.5M and trimmed its holdings in RY by 61.7%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 87807B107 | TRP | TC ENERGY CORP | $109.1M | 17.6% | 1,984,000 | PUT | SOLE |
| 97785W106 | WOLF | WOLFSPEED INC | $66.8M | 10.7% | 3,834,800 | PUT | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $55.3M | 8.89% | 895,300 | PUT | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $54.1M | 8.71% | 984,068 | Common | SOLE |
| 83671M105 | SOBO | SOUTH BOW CORP | $40.3M | 6.49% | 1,467,400 | PUT | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $34.1M | 5.49% | 50,000 | PUT | SOLE |
| 531229AP7 | SIRI 3.75 03/15/28 | LIBERTY MEDIA CORP DEL | $25.2M | 4.06% | 250,000 | Common | SOLE |
| 63008G203 | NNDM | NANO DIMENSION LTD | $23.9M | 3.85% | 15,550,000 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $19.5M | 3.14% | 100,000 | CALL | SOLE |
| 86765Q106 | SUNC | SUNOCOCORP LLC | $15.7M | 2.52% | 317,768 | Common | SOLE |
| 594972408 | MSTR | STRATEGY INC | $15.2M | 2.44% | 100,000 | PUT | SOLE |
| 780087102 | RY | ROYAL BK CDA | $10.6M | 1.71% | 62,300 | CALL | SOLE |
| G98659116 | MCGA | YORKVILLE ACQUISITION CORP. | $10.1M | 1.63% | 1,000,400 | Common | SOLE |
| 780087102 | RY | ROYAL BK CDA | $9.1M | 1.46% | 53,300 | PUT | SOLE |
| 171126204 | PTHS | PELTHOS THERAPEUTICS INC | $9.0M | 1.44% | 289,479 | Common | SOLE |
| 891160509 | TD | TORONTO DOMINION BK ONT | $8.5M | 1.36% | 90,000 | CALL | SOLE |
| 891160509 | TD | TORONTO DOMINION BK ONT | $8.5M | 1.36% | 90,000 | PUT | SOLE |
| 15677J108 | DAY | DAYFORCE INC | $6.9M | 1.12% | 100,371 | Common | SOLE |
| 60770K107 | MRNA | MODERNA INC | $5.9M | 0.95% | 200,000 | PUT | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $5.8M | 0.94% | 100,000 | CALL | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $5.8M | 0.93% | 300,015 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $5.8M | 0.93% | 300,000 | PUT | SOLE |
| 063671101 | BMO | BANK MONTREAL QUE | $5.5M | 0.89% | 42,500 | CALL | SOLE |
| 063671101 | BMO | BANK MONTREAL QUE | $5.5M | 0.89% | 42,500 | PUT | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $4.7M | 0.75% | 50,000 | Common | SOLE |
| 14888L101 | CLST | CATALYST BANCORP INC | $4.1M | 0.66% | 259,067 | Common | SOLE |
| 343412102 | FLR | FLUOR CORP NEW | $4.0M | 0.64% | 100,000 | PUT | SOLE |
| 68403P203 | ORMP | ORAMED PHARMACEUTICALS INC | $3.8M | 0.61% | 1,340,247 | Common | SOLE |
| 04911A107 | AUB | ATLANTIC UN BANKSHARES CORP | $3.8M | 0.61% | 106,874 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $3.7M | 0.60% | 150,000 | CALL | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $3.2M | 0.52% | 52,300 | CALL | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $3.2M | 0.51% | 51,012 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $2.9M | 0.46% | 60,000 | CALL | SOLE |
| 49177J102 | KVUE | KENVUE INC | $2.6M | 0.42% | 150,000 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $2.5M | 0.41% | 15,000 | CALL | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $2.5M | 0.41% | 15,000 | PUT | SOLE |
| 74934Q108 | RICK | RCI HOSPITALITY HLDGS INC | $2.4M | 0.38% | 100,000 | CALL | SOLE |
| 36472T109 | TDAY | USA TODAY CO INC | $2.2M | 0.35% | 420,000 | Common | SOLE |
| 87652V109 | TASK | TASKUS INC | $2.0M | 0.32% | 168,798 | Common | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $1.9M | 0.30% | 43,200 | PUT | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $1.9M | 0.30% | 43,200 | CALL | SOLE |
| 063671101 | BMO | BANK MONTREAL QUE | $1.7M | 0.28% | 13,347 | Common | SOLE |
| 03879J100 | ABUS | ARBUTUS BIOPHARMA CORP | $1.3M | 0.21% | 275,000 | Common | SOLE |
| 03879J100 | ABUS | ARBUTUS BIOPHARMA CORP | $1.1M | 0.17% | 222,900 | CALL | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $956,600 | 0.15% | 20,000 | PUT | SOLE |
| 05534B760 | BCE | BCE INC | $893,250 | 0.14% | 37,500 | PUT | SOLE |
| 05534B760 | BCE | BCE INC | $893,250 | 0.14% | 37,500 | CALL | SOLE |
| 644535106 | NGDN | NEW GOLD INC CDA | $871,000 | 0.14% | 100,000 | Common | SOLE |
| 97785W106 | WOLF | WOLFSPEED INC | $862,718 | 0.14% | 49,553 | Common | SOLE |
| 668771116 | GENVR | GEN DIGITAL INC | $504,292 | 0.08% | 111,569 | Common | SOLE |
| 08862EAD1 | BYND 7 10/15/30 | BEYOND MEAT INC | $372,374 | 0.06% | 461,000 | Common | SOLE |
| 52634L108 | LNSR | LENSAR INC | $361,809 | 0.06% | 31,110 | Common | SOLE |
| 667340103 | NWBI | NORTHWEST BANCSHARES INC MD | $360,000 | 0.06% | 30,000 | Common | SOLE |
| 848560306 | SPIR | SPIRE GLOBAL INC | $300,060 | 0.05% | 40,008 | Common | SOLE |
| 68622E104 | BARK | BARK INC | $295,251 | 0.05% | 490,043 | Common | SOLE |
| 13462K109 | CWH | CAMPING WORLD HLDGS INC | $291,900 | 0.05% | 30,000 | Common | SOLE |
| 03836J201 | APRE | APREA THERAPEUTICS INC | $290,139 | 0.05% | 340,139 | Common | SOLE |
| 08862E109 | BYND | BEYOND MEAT INC | $268,386 | 0.04% | 327,300 | PUT | SOLE |
| G8772L105 | TVA | TEXAS VENTURES ACQUISITION I | $266,250 | 0.04% | 25,000 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $246,038 | 0.04% | 5,144 | Common | SOLE |
| 136069101 | CM | CANADIAN IMPERIAL BANK OF CO | $244,647 | 0.04% | 2,700 | PUT | SOLE |
| 136069101 | CM | CANADIAN IMPERIAL BANK OF CO | $244,647 | 0.04% | 2,700 | CALL | SOLE |
| 38983D854 | RPT | RITHM PPTY TR INC | $198,645 | 0.03% | 11,981 | Common | SOLE |
| 293594107 | ENVX | ENOVIX CORPORATION | $182,750 | 0.03% | 25,000 | Common | SOLE |
| 168905107 | PLCE | CHILDRENS PL INC NEW | $171,140 | 0.03% | 43,000 | Common | SOLE |
| 95058W100 | WEN | WENDYS CO | $149,940 | 0.02% | 18,000 | Common | SOLE |
| 178587101 | CIO | CITY OFFICE REIT INC | $100,656 | 0.02% | 14,400 | Common | SOLE |
| 29975E109 | EB4 | EVENTBRITE INC | $100,125 | 0.02% | 22,500 | Common | SOLE |
| 24869P104 | DENN | DENNYS CORP | $99,520 | 0.02% | 16,000 | Common | SOLE |
| 08862E109 | BYND | BEYOND MEAT INC | $86,100 | 0.01% | 105,001 | Common | SOLE |
| 76152G100 | — | REVIVA PHARMACEUTCLS HLDGS I | $70,000 | 0.01% | 250,000 | CALL | SOLE |
| 38387Q105 | PEW | GRABAGUN DIGITAL HLDGS INC | $45,150 | 0.01% | 15,000 | Common | SOLE |
| 644393100 | NFE | NEW FORTRESS ENERGY INC | $35,910 | 0.01% | 31,500 | PUT | SOLE |
| 67623L307 | OPAD | OFFERPAD SOLUTIONS INC | $14,520 | 0.00% | 12,000 | Common | SOLE |
| 03211Q119 | AMPGW | AMPLITECH GROUP INC | $3,735 | 0.00% | 46,693 | 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.