CIK 2087115
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Unclassified | 80.42% | 10 |
| Banks | 18.10% | 7 |
| Agricultural Products | 1.06% | 1 |
| Capital Markets | 0.29% | 1 |
| Beverages | 0.12% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | XRPN | ARMADA ACQUISITION CORP II | Unclassified | 67.86% |
| 2 | PURR | Hyperliquid Strategies Inc | Financials | 7.05% |
| 3 | ZOOZ PWR LTD | Unclassified | 3.41% | |
| 4 | UPXI | UPEXI, INC. | Financials | 3.09% |
| 5 | BRR | ProCap Financial, Inc. | Financials | 2.99% |
| 6 | BIL | SPDR SERIES TRUST | Unclassified | 2.40% |
| 7 | SUIG | SUI Group Holdings Ltd. | Financials | 2.28% |
| 8 | SKYA | SHARPS TECHNOLOGY INC | Unclassified | 1.99% |
| 9 | EWY | ISHARES INC MSCI STH KOR ETF | Unclassified | 1.82% |
| 10 | HSDT | Solana Co | Financials | 1.29% |
10/20 names classified · sector 19.6% of weight · industry 19.6% · mkt cap 19.6%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 19.6% of the book is sector-classified (unclassified names shown, never dropped).
Only 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.3% of book weight (1/19 names) · unclassified 99.7%: XRPN, PURR, , UPXI, BRR, BIL, SUIG, SKYA, EWY, HSDT +8 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | XRPNARMADA ACQUISITION CORP II | 5,796,000 | $60M | 67.9% | HOLD |
| 2 | PURRHYPERLIQUID STRATEGIES INC | 1,220,001 | $6M | 7.1% | TRIM −5% |
| 3 | ZOOZ PWR LTD | 9,967,378 | $3M | 3.4% | HOLD |
| 4 | UPXIUPEXI INC | 2,760,107 | $3M | 3.1% | HOLD |
| 5 | BRRPROCAP FINL INC | 1,250,000 | $3M | 3.0% | HOLD |
| 6 | BILSPDR SERIES TRUST | 23,098 | $2M | 2.4% | NEW |
| 7 | SUIGSUI GROUP HOLDINGS LIMITED | 1,660,510 | $2M | 2.3% | HOLD |
| 8 | SKYASHARPS TECHNOLOGY INC | 1,043,076 | $2M | 2.0% | ADD 13% |
| 9 | EWYISHARES INC MSCI STH KOR ETF | 13,000 | $2M | 1.8% | NEW |
| 10 | HSDTSOLANA CO | 658,908 | $1M | 1.3% | HOLD |
| 11 | BNCCEA INDUSTRIES INC | 320,545 | $935,991 | 1.1% | HOLD |
| 12 | TONXTON STRATEGY CO | 378,549 | $935,016 | 1.1% | HOLD |
| 13 | SLMTBRERA HOLDINGS PLC | 1,099,049 | $861,654 | 1.0% | HOLD |
| 14 | DBAINVESCO DB MULTI-SECTOR COMM | 25,000 | $683,000 | 0.8% | NEW |
| 15 | KINDLY MD INC | 2,928,571 | $646,921 | 0.7% | HOLD |
| 16 | ETHAISHARES ETHEREUM TR | 20,000 | $316,600 | 0.4% | NEW |
| 17 | COINCOINBASE GLOBAL INC | 1,669 | $291,424 | 0.3% | HOLD |
| 18 | GLXYGALAXY DIGITAL INC. | 14,000 | $258,300 | 0.3% | NEW |
| 19 | IPSTHERITAGE DISTILLING HLDG CO | 413,701 | $109,217 | 0.1% | HOLD |
| 20 | XRPNWARMADA ACQUISITION CORP II | 140,000 | $83,986 | 0.1% | HOLD |
| 21 | DFDVWDEFI DEVELOPMENT CORP | 534,400 | $0 | 0.0% | NEW |
| 22 | SKYAWSHARPS TECHNOLOGY INC | 923,076 | $0 | 0.0% | HOLD |
| 23 | BNCWWCEA INDUSTRIES INC | 445,545 | $0 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| XRPNARMADA ACQUISITION CORP II | — | — | — | — | 5.8M | 5.8M | $60M |
| PURRHYPERLIQUID STRATEGIES INC | — | — | — | — | 1.3M | 1.2M | $6M |
| ZOOZ PWR LTD | — | — | — | — | 10.0M | 10.0M | $3M |
| UPXIUPEXI INC | — | — | — | — | 2.8M | 2.8M | $3M |
| BRRPROCAP FINL INC | — | — | — | — | 1.3M | 1.3M | $3M |
| BILSPDR SERIES TRUST | — | — | — | — | — | 23K | $2M |
| SUIGSUI GROUP HOLDINGS LIMITED | — | — | — | — | 1.7M | 1.7M | $2M |
| SKYASHARPS TECHNOLOGY INC | — | — | — | — | 923K | 1.0M | $2M |
| EWYISHARES INC MSCI STH KOR ETF | — | — | — | — | — | 13K | $2M |
| HSDTSOLANA CO | — | — | — | — | 659K | 659K | $1M |
| BNCCEA INDUSTRIES INC | — | — | — | — | 321K | 321K | $935,991 |
| TONXTON STRATEGY CO | — | — | — | — | 379K | 379K | $935,016 |
| SLMTBRERA HOLDINGS PLC | — | — | — | — | 1.1M | 1.1M | $861,654 |
| DBAINVESCO DB MULTI-SECTOR COMM | — | — | — | — | — | 25K | $683,000 |
| KINDLY MD INC | — | — | — | — | 2.9M | 2.9M | $646,921 |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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