Q1 2026 · 13F-HR
Rangeley Capital, LLCholdings as filed
Filed 2026-05-15 · accession 0001892688-26-000089
$102.9M
Reported value
137
Positions
2026-03-31
Period end
The Brief · Rangeley Capital, LLC · Q1 2026
AI · grounded in 13F
Rangeley Capital, LLC initiated a new position in LQDA worth $8.49M, its largest buy of the quarter. The fund also established new stakes in DRVN for $7.89M and TRIP for $2.03M. On the sell side, the fund closed its position in GOLDEN ENTMT INC, reducing exposure by $5.71M. Other notable exits included AVIDITY BIOSCIENCES INC and REPARE THERAPEUTICS INC.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 26210V102 | DRVN | DRIVEN BRANDS HLDGS INC | $7.9M | 7.66% | 625,500 | Common | SOLE |
| 53635D202 | LQDA | LIQUIDIA CORPORATION | $5.7M | 5.50% | 150,000 | PUT | SOLE |
| G72800108 | PRTA | PROTHENA CORP PLC | $4.4M | 4.24% | 449,460 | Common | SOLE |
| 812215200 | SEG | SEAPORT ENTMT GROUP INC | $3.3M | 3.20% | 153,517 | Common | SOLE |
| 53635D202 | LQDA | LIQUIDIA CORPORATION | $2.8M | 2.75% | 75,000 | CALL | SOLE |
| 39854F101 | GRND | GRINDR INC | $2.8M | 2.75% | 234,000 | Common | SOLE |
| 24665A103 | DK | DELEK US HLDGS INC NEW | $2.7M | 2.63% | 60,000 | Common | SOLE |
| 04335A105 | ARVN | ARVINAS INC | $2.4M | 2.31% | 223,990 | Common | SOLE |
| 03879J100 | ABUS | ARBUTUS BIOPHARMA CORP | $2.3M | 2.19% | 500,000 | Common | SOLE |
| 278768106 | SATS | ECHOSTAR CORP | $2.1M | 2.05% | 18,000 | Common | SOLE |
| 524660107 | LEG | LEGGETT & PLATT INC | $2.1M | 2.04% | 213,000 | Common | SOLE |
| 85512G106 | STHO | STAR HLDGS | $2.1M | 2.02% | 274,072 | Common | SOLE |
| 359678109 | FLL | FULL HSE RESORTS INC | $2.1M | 2.00% | 915,578 | Common | SOLE |
| 896945201 | TRIP | TRIPADVISOR INC | $2.0M | 1.97% | 190,000 | Common | SOLE |
| 68629Y103 | ONL | ORION PROPERTIES INC | $2.0M | 1.91% | 915,000 | Common | SOLE |
| G4705A100 | ICLR | ICON PLC | $2.0M | 1.90% | 17,700 | Common | SOLE |
| 131428104 | CLMT | CALUMET INC | $1.9M | 1.85% | 53,000 | Common | SOLE |
| 39304D102 | GDOT | GREEN DOT CORP | $1.8M | 1.77% | 162,732 | Common | SOLE |
| 49372L209 | 2KZ0 | KEZAR LIFE SCIENCES INC | $1.8M | 1.75% | 243,073 | Common | SOLE |
| 47103J105 | JANX | JANUX THERAPEUTICS INC | $1.7M | 1.65% | 122,500 | Common | SOLE |
| G8807B106 | TBPH | THERAVANCE BIOPHARMA INC | $1.7M | 1.62% | 103,000 | Common | SOLE |
| 60646V105 | MCW | MISTER CAR WASH INC | $1.5M | 1.49% | 220,500 | Common | SOLE |
| 10922N103 | BHF | BRIGHTHOUSE FINL INC | $1.5M | 1.45% | 25,000 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $1.5M | 1.42% | 53,300 | CALL | SOLE |
| M9T951109 | ZIM | ZIM INTEGRATED SHIPPING SERV | $1.4M | 1.41% | 55,000 | Common | SOLE |
| 34986A104 | FWRD | FORWARD AIR CORP | $1.4M | 1.38% | 85,000 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $1.4M | 1.36% | 51,000 | Common | SOLE |
| 64110Y108 | NLOP | NET LEASE OFFICE PROPERTIES | $1.3M | 1.29% | 114,870 | Common | SOLE |
| 939653101 | ELME | ELME COMMUNITIES | $1.3M | 1.29% | 658,000 | Common | SOLE |
| 76155X100 | RVMD | REVOLUTION MEDICINES INC | $1.2M | 1.20% | 66,700 | Common | SOLE |
| 088786108 | BCYC | BICYCLE THERAPEUTICS PLC | $1.1M | 1.05% | 232,260 | Common | SOLE |
| 78501P203 | SWKH | SWK HLDGS CORP | $1.1M | 1.04% | 63,000 | Common | SOLE |
| 489398107 | KW | KENNEDY-WILSON HOLDINGS INC | $1.0M | 1.02% | 97,000 | Common | SOLE |
| 436440101 | HO1 | HOLOGIC INC | $982,670 | 0.95% | 13,000 | Common | SOLE |
| 43283X105 | HGV | HILTON GRAND VACATIONS INC | $978,000 | 0.95% | 25,000 | Common | SOLE |
| 81734D104 | SEPN | SEPTERNA INC | $956,394 | 0.93% | 39,800 | Common | SOLE |
| G9R39C103 | WENN | WEN ACQUISITION CORP | $865,300 | 0.84% | 85,000 | Common | SOLE |
| 610236101 | MNRO | MONRO INC | $839,598 | 0.82% | 52,344 | Common | SOLE |
| 50127T109 | KURA | KURA ONCOLOGY INC | $822,919 | 0.80% | 101,220 | Common | SOLE |
| 81619Q105 | SEM | SELECT MED HLDGS CORP | $814,500 | 0.79% | 50,000 | Common | SOLE |
| 185123106 | CWAN | CLEARWATER ANALYTICS HLDGS I | $662,200 | 0.64% | 28,000 | Common | SOLE |
| G7633M104 | DRDB | ROMAN DBDR ACQUISITION CORP | $628,200 | 0.61% | 60,000 | Common | SOLE |
| 492327101 | KROS | KEROS THERAPEUTICS INC | $600,576 | 0.58% | 54,400 | Common | SOLE |
| 415864107 | NVRI | ENVIRI CORP | $549,360 | 0.53% | 28,000 | Common | SOLE |
| 23292B104 | HEPS | D MARKET ELECTR SVCS & TRADI | $524,000 | 0.51% | 200,000 | Common | SOLE |
| 10482B101 | BHR | BRAEMAR HOTELS & RESORTS INC | $523,920 | 0.51% | 222,000 | Common | SOLE |
| G3810N122 | GPACU | GENERAL PURP ACQUISITION COR | $500,500 | 0.49% | 50,000 | Common | SOLE |
| 00370M103 | ABVX | ABIVAX SA | $445,400 | 0.43% | 4,000 | Common | SOLE |
| 61225M102 | GLUE | MONTE ROSA THERAPEUTICS INC | $444,413 | 0.43% | 27,016 | Common | SOLE |
| 520776105 | DSGR | DISTRIBUTION SOLUTIONS GRP I | $442,328 | 0.43% | 16,857 | Common | SOLE |
| G6717R104 | OACC | OAKTREE ACQUISITION CORP III | $423,571 | 0.41% | 61,188 | Common | SOLE |
| 21833P301 | CRBP | CORBUS PHARMACEUTICALS HLDGS | $421,048 | 0.41% | 44,840 | Common | SOLE |
| G3933N108 | GTERU | GLOBA TERRA ACQUISITION COR | $420,360 | 0.41% | 40,361 | Common | SOLE |
| 023634207 | NWAX/U | NEW AMER ACQUISITION I CORP | $414,000 | 0.40% | 40,000 | Common | SOLE |
| 452521107 | IMMR | IMMERSION CORP | $409,500 | 0.40% | 75,000 | Common | SOLE |
| 68277Q105 | OKUR | ONKURE THERAPEUTICS INC | $393,300 | 0.38% | 95,000 | Common | SOLE |
| 863167201 | STRS | STRATUS PPTYS INC | $382,904 | 0.37% | 12,546 | Common | SOLE |
| 98585N106 | YEXT | YEXT INC | $381,420 | 0.37% | 99,328 | Common | SOLE |
| 007002207 | ACET | ADICET BIO INC | $381,360 | 0.37% | 56,000 | Common | SOLE |
| 128058302 | LSTA | LISATA THERAPEUTICS INC | $375,750 | 0.37% | 75,000 | Common | SOLE |
| 52634L108 | LNSR | LENSAR INC | $375,480 | 0.36% | 63,000 | Common | SOLE |
| 45719W205 | IKT | INHIBIKASE THERAPEUTICS INC | $369,600 | 0.36% | 220,000 | Common | SOLE |
| 03748R747 | AIV | APARTMENT INVT & MGMT CO | $366,300 | 0.36% | 90,000 | Common | SOLE |
| 152309100 | CNTA | CENTESSA PHARMACEUTICALS PLC | $357,480 | 0.35% | 9,000 | Common | SOLE |
| 83193E102 | EM | SMART SH GLOBAL LTD | $346,910 | 0.34% | 307,000 | Common | SOLE |
| 34986A104 | FWRD | FORWARD AIR CORP | $335,871 | 0.33% | 20,100 | CALL | SOLE |
| G2851K120 | DMIIU | DRUGS MADE IN AMER ACQ II CO | $326,812 | 0.32% | 55,612 | Common | SOLE |
| G3415K101 | FERA | FIFTH ERA ACQUISITION CORP I | $319,197 | 0.31% | 30,990 | Common | SOLE |
| 811054402 | SSP | SCRIPPS E W CO OHIO | $318,023 | 0.31% | 85,490 | Common | SOLE |
| 78574H104 | SOC | SABLE OFFSHORE CORP | $313,880 | 0.30% | 19,000 | Common | SOLE |
| 89621C105 | TMQ | TRILOGY METALS INC NEW | $312,330 | 0.30% | 87,000 | Common | SOLE |
| 81578P106 | SEER | SEER INC | $309,627 | 0.30% | 184,302 | Common | SOLE |
| 29382R107 | EVC | ENTRAVISION COMMUNICATIONS C | $297,000 | 0.29% | 100,000 | Common | SOLE |
| 35104E100 | FDMT | 4D MOLECULAR THERAPEUTICS IN | $292,939 | 0.28% | 31,465 | Common | SOLE |
| 729139105 | PLRX | PLIANT THERAPEUTICS INC | $283,500 | 0.28% | 225,000 | Common | SOLE |
| 39874R101 | GO | GROCERY OUTLET HLDG CORP | $282,000 | 0.27% | 40,000 | Common | SOLE |
| G6791A126 | OTGAU | OTG ACQUISITION CORP. I | $281,805 | 0.27% | 50,805 | Common | SOLE |
| 74275G107 | PRTH | PRIORITY TECHNOLOGY HLDGS IN | $278,480 | 0.27% | 59,000 | Common | SOLE |
| G2616F127 | BCARU | D. BORAL ARC ACQ I CORP. | $274,887 | 0.27% | 72,430 | Common | SOLE |
| 75120L209 | RLYB | RALLYBIO CORP | $270,266 | 0.26% | 30,130 | Common | SOLE |
| 00289Y206 | ABEO | ABEONA THERAPEUTICS INC | $268,800 | 0.26% | 60,000 | Common | SOLE |
| G2584S135 | KOYNU | CSLM DIGITA ASSET ACQ CORP I | $265,356 | 0.26% | 48,944 | Common | SOLE |
| 36472T109 | TDAY | USA TODAY CO INC | $262,965 | 0.26% | 37,300 | Common | SOLE |
| 04683R106 | AVIR | ATEA PHARMACEUTICALS INC | $250,170 | 0.24% | 46,500 | Common | SOLE |
| 716382106 | PETS | PETMED EXPRESS INC | $248,994 | 0.24% | 109,208 | Common | SOLE |
| 127537207 | CDZI | CADIZ INC | $245,500 | 0.24% | 50,000 | Common | SOLE |
| 21874A114 | CORZW | CORE SCIENTIFIC INC NEW | $237,728 | 0.23% | 27,200 | Common | SOLE |
| G7117W123 | PACHU | PIONEER ACQUISITION I CORP | $228,094 | 0.22% | 22,145 | Common | SOLE |
| G3730U107 | FCRS | FUTURECREST ACQUISITION CORP | $221,903 | 0.22% | 40,703 | Common | SOLE |
| 98262P200 | WW | WW INTL INC | $219,840 | 0.21% | 16,000 | Common | SOLE |
| 30161Q104 | EXEL | EXELIXIS INC | $214,450 | 0.21% | 5,000 | Common | SOLE |
| N90064101 | QURE | UNIQURE NV | $212,550 | 0.21% | 13,000 | Common | SOLE |
| G7515A103 | RDAG | REPUBLIC DIGITAL ACQUISITION | $206,523 | 0.20% | 20,188 | Common | SOLE |
| 285512109 | EA | ELECTRONIC ARTS INC | $203,870 | 0.20% | 1,000 | Common | SOLE |
| G4569C127 | HVMCU | HIGHVIEW MERGER CORP | $203,400 | 0.20% | 20,000 | Common | SOLE |
| G3037D105 | EMIS | EMMIS ACQUISITION CORP. | $181,975 | 0.18% | 18,107 | Common | SOLE |
| 302491303 | FMC | FMC CORP | $172,200 | 0.17% | 10,000 | Common | SOLE |
| 45175G207 | IMA | IMAGENEBIO INC | $162,950 | 0.16% | 32,590 | Common | SOLE |
| G32901103 | FACT | FACT II ACQUISITION CORP | $162,855 | 0.16% | 15,510 | Common | SOLE |
| G1051H119 | TACOW | BERTO ACQUISITION CORP | $158,875 | 0.15% | 15,500 | Common | SOLE |
| 46005L101 | IMXI | INTERNATIONAL MONEY EXPRESS | $158,000 | 0.15% | 10,000 | Common | SOLE |
| G6301B101 | MLAC | MOUNTAIN LAKE ACQUISITION CO | $157,952 | 0.15% | 15,000 | Common | SOLE |
| 69553P100 | PD | PAGERDUTY INC | $155,250 | 0.15% | 25,000 | Common | SOLE |
| 25401T603 | DBRG | DIGITALBRIDGE GROUP INC | $154,200 | 0.15% | 10,000 | Common | SOLE |
| 65487U108 | NKTX | NKARTA INC | $143,480 | 0.14% | 68,000 | Common | SOLE |
| 83601L102 | SHC | SOTERA HEALTH CO | $143,400 | 0.14% | 10,000 | Common | SOLE |
| G7490F101 | RTAC | RENATUS TACTICAL ACQUIS | $128,582 | 0.12% | 35,782 | Common | SOLE |
| 25445D101 | DDL | DINGDONG CAYMAN LTD | $128,500 | 0.12% | 50,000 | Common | SOLE |
| G4365E103 | HCMA | HCM III ACQUISITION CORP | $126,302 | 0.12% | 12,530 | Common | SOLE |
| G8316B100 | SPKL | SPARK I ACQUISITION CORP | $122,295 | 0.12% | 10,813 | Common | SOLE |
| 76200L309 | RZLT | REZOLUTE INC | $122,000 | 0.12% | 40,000 | Common | SOLE |
| 713317105 | PEPG | PEPGEN INC | $120,530 | 0.12% | 68,096 | Common | SOLE |
| 90187B804 | TWO | TWO HARBORS INVENTMENT CORPO | $114,200 | 0.11% | 10,000 | Common | SOLE |
| 15126Q208 | CPAC | CEMENTOS PACASMAYO S A A | $112,210 | 0.11% | 11,221 | Common | SOLE |
| 589492107 | MREO | MEREO BIOPHARMA GROUP PLC | $108,636 | 0.11% | 329,200 | Common | SOLE |
| G73944103 | RAAQ | REAL ASSET ACQUISITION CORP | $105,000 | 0.10% | 10,000 | Common | SOLE |
| G8193F109 | SZZL | SIZZLE ACQUISITION CORP. II | $102,800 | 0.10% | 10,000 | Common | SOLE |
| G2254C121 | CCII | COHEN CIRCLE ACQUISIT CORP I | $102,300 | 0.10% | 10,000 | Common | SOLE |
| G5331N101 | KYIV | KYIVSTAR GROUP LTD | $101,200 | 0.10% | 10,000 | Common | SOLE |
| 91864C107 | BRNS | BARINTHUS BIOTHERAPEUTICS PL | $90,736 | 0.09% | 159,465 | Common | SOLE |
| 74102N101 | FTW | PRESIDIO PRODTN CO | $85,124 | 0.08% | 100,000 | Common | SOLE |
| 69353Y103 | PMVP | PMV PHARMACEUTICALS INC | $82,889 | 0.08% | 66,846 | Common | SOLE |
| 00509G209 | ABOS | ACUMEN PHARMACEUTICALS INC | $82,600 | 0.08% | 35,000 | Common | SOLE |
| 257554105 | DOMO | DOMO INC | $79,560 | 0.08% | 26,000 | Common | SOLE |
| 82981J851 | SITC | SITE CTRS CORP | $75,600 | 0.07% | 14,000 | Common | SOLE |
| 92941V308 | VYNE | VYNE THERAPEUTICS INC | $70,543 | 0.07% | 118,064 | Common | SOLE |
| 87652V109 | TASK | TASKUS INC | $67,100 | 0.07% | 10,000 | Common | SOLE |
| 556099109 | MGNX | MACROGENICS INC | $62,135 | 0.06% | 21,500 | Common | SOLE |
| 00534A102 | IVVD | INVIVYD INC | $58,500 | 0.06% | 45,000 | Common | SOLE |
| G17977110 | BUR | BURFORD CAPITAL LIMITED | $52,292 | 0.05% | 11,569 | Common | SOLE |
| 390320703 | GECC | GREAT ELM CAP CORP | $50,100 | 0.05% | 10,000 | Common | SOLE |
| 34385P108 | LAB | STANDARD BIOTOOLS INC | $45,965 | 0.04% | 50,000 | Common | SOLE |
| 18453H106 | CCO | CLEAR CHANNEL OUTDOOR HLDGS | $44,082 | 0.04% | 18,600 | Common | SOLE |
| 47089W104 | AIFC | ALT5 SIGMA CORP | $28,860 | 0.03% | 26,000 | Common | SOLE |
| 01626W101 | ALIT | ALIGHT INC | $28,823 | 0.03% | 49,464 | Common | SOLE |
| 49721T507 | KPRX | KIORA PHARMACEUTICALS INC | $19,300 | 0.02% | 10,000 | Common | SOLE |
| 98421M106 | XRX | XEROX HOLDINGS CORP | $9,050 | 0.01% | 100,000 | 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.