Ursa Fund Management, LLC

Q4 2025 13F-HR Holdings

Location
Danville, CA
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
44
Total value ($000)
$2,438,940
Net value change ($000)
+2,349,817 (2636.6%)
New positions
17
Sold out positions
5
Turnover %
101.1%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 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)
MSFT 646,793 NEW
AAPL 135,930 NEW
JPM 119,221 NEW
NVDA 108,338 NEW
AMZN 53,896 NEW
GOOGL 46,950 NEW
TSLA 22,891 NEW
NFLX 5,344 NEW
URA 3,662 NEW
META 3,300 NEW
Top Reduces (Value $000, Stocks/ETFs)
AIV -22,067 -89.8%
COOP -19,539 -100.0%
IBIT -735 -20.6%
SMLR -525 -100.0%
PLUG -466 -100.0%
SPCE -193 -100.0%
SRG -170 -23.5%
DDC ENTERPRISE LTD -131 -100.0%
WHLR -64 -7.7%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 1,277,345 (52.4% 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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type