Murchinson Ltd.

Q3 2025 13F-HR Holdings

Location
Toronto, A6
Holdings as of
9/30/2025
Date filed
11/14/2025
Form type
13F-HR
Num holdings
96
Total value ($000)
$788,199
Net value change ($000)
+505,782 (179.1%)
New positions
30
Sold out positions
32
Turnover %
112.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/14/2025 Next filing: 2/17/2026 SEC filing

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)
TRP 220,364 NEW
NTR 122,598 NEW
SPY 64,953 NEW
MCGA 10,664 NEW
COOP 8,831 331.1%
PTHS 7,840 NEW
TASK 3,115 NEW
YPF 2,429 NEW
WOLF 2,214 NEW
MBX 1,400 NEW
Top Reduces (Value $000, Stocks/ETFs)
SOBO -31,911 -100.0%
Enstar Group LTD -15,711 -100.0%
GLD -15,242 -100.0%
AKX -7,486 -100.0%
GOOGL -7,317 -100.0%
AZEK -5,435 -100.0%
VZLA -4,934 -100.0%
MCD -4,383 -100.0%
AMD -3,548 -100.0%
AHC -3,544 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 271,213 (34.4% 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.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type