Ursa Fund Management, LLC
Q3 2025 13F-HR Holdings
Net value change ($000)
+8,882
(11.1%)
New positions
7
Sold out positions
19
Turnover %
163.1%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q2 2025
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| AIV | 24,583 | NEW |
| COOP | 19,539 | NEW |
| IBIT | 1,274 | 55.4% |
| FBTC | 998 | NEW |
| SRG | 723 | NEW |
| SMLR | 525 | NEW |
| PLUG | 466 | NEW |
| WHLR | 339 | 68.3% |
| SPCE | 193 | NEW |
| DDC ENTERPRISE LTD | 22 | 20.2% |
Top Reduces (Value $000, Stocks/ETFs)
| KWEB | -15,449 | -100.0% |
| SKAA | -9,465 | -100.0% |
| CRF | -5,619 | -100.0% |
| CLM | -2,233 | -100.0% |
| WOO | -1,507 | -100.0% |
| Cantor Equity Partners, Inc. | -542 | -100.0% |
| TACO | -396 | -100.0% |
| RTAC | -318 | -100.0% |
| CANTOR EQUITY PARTNERS III I | -264 | -100.0% |
| BE | -239 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
37,519
(42.1% of total reported value)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|